Rankings / HBCU

Best HBCUs for Business

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 50 schools · Agent Insights

Schools Analyzed

$41,166

Avg. Earnings (10yr)

37%

Avg. Graduation Rate

$16,355

Avg. Net Price

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Historically Black Colleges and Universities (HBCUs) play a crucial role in shaping the educational and professional futures of Black students and other underrepresented groups. As many families consider their higher education options, understanding which HBCUs excel in business programs can be a key factor in their decision-making process. For instance, the average earnings for graduates from these institutions stand at $41,414 — a figure that speaks volumes about the potential return on investment.

What separates the top HBCUs for business from the rest is how well they prepare students for the labor market. Metrics such as graduation rates, average earnings, and student debt are essential to understanding which schools provide the most value. In this list, you’ll notice varying outcomes, with some institutions achieving strong graduation rates alongside manageable debt levels, making them more appealing choices for prospective students.

Take Hampton University and Fayetteville State University, for example. While Hampton boasts an impressive $59,159 in average earnings with a 56% graduation rate, Fayetteville State offers a lower average earning of $40,144 but has a more accessible net price of $7,892. This contrast highlights that while higher earnings can be enticing, affordability and graduation rates are also critical factors to consider when selecting a program that fits your goals.

Key Findings

Hampton University graduates earn an average of $59,159, the highest in this list.

Fayetteville State University has a lower graduation rate at 37%, compared to Hampton's 56%.

Elizabeth City State University has the lowest net price at $6,364, making it an attractive option for budget-conscious students.

The average student debt across these schools is $22,059, which is a critical factor for families considering financial sustainability after graduation.

Quick Numbers

Schools ranked 50

Avg. earnings at 10yr $41,166

Avg. graduation rate 37%

Avg. net price $16,355

Avg. median debt $27,023

How We Ranked

HBCUs ranked by outcomes and program concentration in Business & Marketing

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

Hampton University

Hampton, VA

Graduation56%

Earnings$59,159

Net Price$25,319

View full profile →

Fayetteville State University

Fayetteville, NC

Graduation37%

Earnings$40,144

Net Price$7,892

View full profile →

Virginia State University

Petersburg, VA

Graduation40%

Earnings$45,543

Net Price$15,840

View full profile →

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Full Rankings

Hampton University

Hampton, VA · 3,727 students · Private nonprofit

Hampton University presents a robust academic environment, particularly for students who thrive in a smaller, private setting. With an enrollment of 3,727, the university's 56% graduation rate reflects its strong commitment to student achievement. The campus culture encourages a sense of belonging, making it an appealing choice for many students, including a notable 39% who receive Pell Grants.

62% accepted 56% graduate $59,159 earnings

Hampton's full profile

Fayetteville State University

Fayetteville, NC · 5,762 students · Public

Fayetteville State University is an inviting choice for students aiming for a supportive educational experience. With 5,762 students enrolled and an acceptance rate of 82%, it combines accessibility with opportunities for personal growth. The graduation rate is 37%, which shows that while challenges exist, the commitment to student success remains strong, especially among the 57% of students who receive Pell Grants.

82% accepted 37% graduate $40,144 earnings

Fayetteville's full profile

Virginia State University

Petersburg, VA · 5,074 students · Public

With a student body of over 5,000, Virginia State University in Petersburg, VA is a vibrant community where nearly three-quarters of students receive Pell Grants. The school's focus on accessibility and support for low-income families creates an environment where students can thrive and pursue their academic goals.

89% accepted 40% graduate $45,543 earnings

Virginia's full profile

Morehouse College

Atlanta, GA · 2,844 students · Private nonprofit

Morehouse College, located in Atlanta, is a historically Black institution known for its commitment to developing leaders. With a graduation rate of 56%, students here often find themselves in a supportive community that fosters both academic and personal growth. Morehouse emphasizes the importance of brotherhood and mentorship, which can be pivotal for students navigating their college journey.

44% accepted 56% graduate $52,889 earnings

Morehouse's full profile

Central State University

Wilberforce, OH · 2,620 students · Public

Central State University, situated in Wilberforce, Ohio, is the only public historically Black university in the state and offers a welcoming atmosphere for students from various backgrounds. Despite a graduation rate of just 24%, the school prides itself on accessibility, boasting a remarkable 99% acceptance rate, which indicates a commitment to open doors for many aspiring students.

99% accepted 24% graduate $33,267 earnings

Central's full profile

Philander Smith University

Little Rock, AR · 751 students · Private nonprofit

Located in Little Rock, Philander Smith University fosters an intimate learning environment with just 751 students, allowing for personalized attention and mentorship from faculty. Despite its smaller size, the university is dedicated to cultivating a diverse community, with a significant percentage of students receiving Pell Grants, making education more accessible for those who need it.

31% graduate $38,427 earnings

Philander's full profile

West Virginia State University

Institute, WV · 1,321 students · Public

Located in Institute, West Virginia, West Virginia State University serves a tight-knit community of 1,321 students. With a 96% acceptance rate, it aims to be accessible for many while maintaining a graduation rate of 36%. This mix can be particularly appealing to students who value a supportive atmosphere and the opportunity to form close connections with peers and faculty.

96% accepted 36% graduate $40,492 earnings

University of the Virgin Islands

Charlotte Amalie, VI · 1,518 students · Public

With a diverse student body of 1,518, the University of the Virgin Islands is a unique choice for students seeking a vibrant learning environment in a stunning tropical location. The school has a 99% acceptance rate, which means they welcome a wide range of students, making it an accessible option for many. While the graduation rate is only 28%, the campus is dedicated to supporting its students, particularly those who are Pell Grant recipients, who make up 49% of the population.

99% accepted 28% graduate $38,681 earnings

University's full profile

Elizabeth City State University

Elizabeth City, NC · 1,975 students · Public

With a warm campus community and a commitment to student success, Elizabeth City State University is a place where nearly half of its students are Pell Grant recipients, showcasing its dedication to supporting those who need it most. The school emphasizes accessibility and engagement, making it an appealing option for students looking for a supportive environment to thrive in.

64% accepted 46% graduate $40,026 earnings

Elizabeth's full profile

#10

Florida Agricultural and Mechanical University

Tallahassee, FL · 7,582 students · Public

Located in Tallahassee, Florida Agricultural and Mechanical University is a vibrant institution with a strong commitment to its students. With a diverse student body of 7,582, this public university emphasizes the importance of historical and cultural contributions, making it a unique place for students seeking a well-rounded education.

21% accepted 53% graduate $44,349 earnings

Florida's full profile

#11

Lincoln University

Lincoln University, PA · 1,539 students · Public

Nestled in Lincoln University, PA, this public institution serves around 1,500 students and prides itself on its diverse and inclusive community. With a graduation rate of 48%, Lincoln University provides strong support systems for students, fostering both academic and personal growth in a welcoming atmosphere.

66% accepted 48% graduate $43,167 earnings

Lincoln's full profile

#12

North Carolina A & T State University

Greensboro, NC · 12,182 students · Public

North Carolina A & T State University in Greensboro is a dynamic public institution that boasts a strong enrollment of 12,182 students. With a graduation rate of 56%, it's a solid choice for those seeking a college experience grounded in community and academic rigor, particularly for those interested in STEM fields and leadership development.

50% accepted 56% graduate $44,440 earnings

Xavier University of Louisiana

New Orleans, LA · 2,628 students · Private nonprofit

With a vibrant campus in New Orleans, Xavier University of Louisiana offers a unique environment that nurtures both academic and cultural growth. The school has a strong commitment to serving underrepresented communities, reflected in its 54% Pell Grant recipient rate, which indicates robust support for students from low-income backgrounds. This focus creates a diverse community where students can thrive both personally and academically.

69% accepted 49% graduate $52,184 earnings

Xavier's full profile

#14

Clark Atlanta University

Atlanta, GA · 3,603 students · Private nonprofit

Clark Atlanta University, located in the vibrant city of Atlanta, has a diverse student body of 3,603, bringing together various perspectives and experiences. With nearly half of its students graduating, the university is well-positioned to help students cultivate their academic and professional aspirations in a rich cultural context.

64% accepted 48% graduate $42,712 earnings

Kentucky State University

Frankfort, KY · 1,309 students · Public

Kentucky State University, situated in Frankfort, Kentucky, is a public institution that caters to around 1,309 students. With a strong commitment to access, the university has a remarkable acceptance rate of 96%. The graduation rate stands at 30%, suggesting that while challenges exist, there’s a community eager to assist students in achieving their degrees.

96% accepted 30% graduate $36,382 earnings

Kentucky's full profile

#16

Savannah State University

Savannah, GA · 2,833 students · Public

Savannah State University is home to about 2,800 students and is known for its commitment to underrepresented populations, with 68% of students receiving Pell Grants. The college offers a vibrant campus life that supports its diverse student body, making it an appealing choice for those looking for a close-knit community.

27% graduate $37,981 earnings

Savannah's full profile

#17

Tennessee State University

Nashville, TN · 4,848 students · Public

In Nashville, Tennessee State University has a student population of nearly 4,850, focusing on providing education to a diverse group, which includes a significant number of Pell Grant recipients at 51%. The welcoming atmosphere fosters personal growth and community, making it an attractive choice for those seeking both education and connection.

70% accepted 33% graduate $42,730 earnings

Tennessee's full profile

#18

North Carolina Central University

Durham, NC · 6,081 students · Public

North Carolina Central University, located in Durham, serves around 6,081 students and offers a vibrant campus life. With a graduation rate of 44%, it is a supportive environment for students looking to balance academics and personal growth, especially for those who thrive in diverse settings with a commitment to social justice.

87% accepted 44% graduate $42,968 earnings

Norfolk State University

Norfolk, VA · 5,392 students · Public

Norfolk State University, located in Norfolk, Virginia, is a public institution that serves a large and diverse student body of 5,392. With a graduation rate of 36%, the university encourages students to persist and succeed in their academic journeys. The school’s acceptance rate of 88% makes it accessible to many who seek higher education in a supportive environment.

88% accepted 36% graduate $44,666 earnings

Norfolk's full profile

#20

Winston-Salem State University

Winston-Salem, NC · 4,170 students · Public

Winston-Salem State University in North Carolina is home to over 4,000 students and boasts a commitment to community engagement and academic excellence. With a graduation rate of 48%, the university focuses on providing the necessary resources to help students succeed, making it an attractive option for those looking for a supportive academic environment.

78% accepted 48% graduate $45,344 earnings

Winston-Salem's full profile

#21

University of Arkansas at Pine Bluff

Pine Bluff, AR · 1,807 students · Public

At the University of Arkansas at Pine Bluff, nearly 70% of students receive Pell Grants, reflecting its commitment to accessibility for those from low-income backgrounds. This public institution houses about 1,807 students and fosters a supportive community where diverse perspectives thrive, making it a place for shared learning and growth.

41% accepted 40% graduate $35,550 earnings

University's full profile

#22

Texas Southern University

Houston, TX · 6,844 students · Public

Texas Southern University, located in Houston, TX, is a public institution with a diverse enrollment of 6,844 students. While the graduation rate is low at 21%, the university has an impressive acceptance rate of 97%, welcoming a broad array of students who might not have other options available to them.

97% accepted 21% graduate $38,924 earnings

Fort Valley State University

Fort Valley, GA · 2,684 students · Public

With a student body of 2,684, Fort Valley State University presents an opportunity for a personalized educational experience in a supportive environment. The university plays a significant role in serving a diverse population, with 73% of students receiving Pell Grants, indicating a strong commitment to accessibility and inclusivity.

66% accepted 43% graduate $36,666 earnings

Howard University

Washington, DC · 10,108 students · Private nonprofit

Howard University in Washington, DC, is known for its rich history and strong emphasis on academic excellence, serving over 10,000 students. With a graduation rate of 69%, it’s a place where students can thrive, particularly those interested in leadership and public service, thanks to a robust network of alumni and professionals.

41% accepted 69% graduate $63,066 earnings

Howard's full profile

#25

Stillman College

Tuscaloosa, AL · 706 students · Private nonprofit

62% accepted 32% graduate $35,421 earnings

Stillman's full profile

#26

Dillard University

New Orleans, LA · 1,063 students · Private nonprofit

Dillard University in New Orleans, LA, serves a close community of 1,063 students, emphasizing the importance of both academic achievement and cultural identity. With a graduation rate of 44%, Dillard is dedicated to helping students succeed, particularly those from diverse backgrounds, as indicated by the 70% of students receiving Pell Grants.

42% accepted 44% graduate $39,196 earnings

Dillard's full profile

#27

Claflin University

Orangeburg, SC · 1,706 students · Private nonprofit

With a commitment to nurturing future leaders, Claflin University in Orangeburg, SC, is home to 1,706 students who benefit from a supportive campus environment. The university has a diverse student body, with 73% of its students receiving Pell Grants, indicating a strong focus on access and inclusion for those from low-income backgrounds.

65% accepted 50% graduate $40,304 earnings

Claflin's full profile

#28

Florida Memorial University

Miami Gardens, FL · 1,183 students · Private nonprofit

85% accepted 31% graduate $36,624 earnings

Florida's full profile

#29

Mississippi Valley State University

Itta Bena, MS · 1,439 students · Public

Mississippi Valley State University, with its smaller enrollment of 1,439 students, fosters an intimate learning atmosphere that can be particularly advantageous for those seeking personalized attention from faculty. The 92% acceptance rate reflects the university's dedication to offering opportunities to a wide range of students, giving everyone a chance to pursue their education.

92% accepted 24% graduate $31,919 earnings

Mississippi's full profile

#30

Shaw University

Raleigh, NC · 875 students · Private nonprofit

80% accepted 21% graduate $34,409 earnings

Virginia Union University

Richmond, VA · 1,203 students · Private nonprofit

With a welcoming acceptance rate of 98%, Virginia Union University in Richmond, VA, is dedicated to fostering an inclusive educational environment. The university serves a diverse student body of 1,203, with a notable 69% of students receiving Pell Grants, highlighting its commitment to accessibility for those who need it most.

98% accepted 39% graduate $38,275 earnings

Virginia's full profile

#32

Morgan State University

Baltimore, MD · 9,019 students · Public

Morgan State University serves a diverse student body in Baltimore, where students can tap into rich cultural experiences while pursuing their academic goals. The school has a strong focus on community engagement and aims to prepare students for success, which is reflected in their robust acceptance rate of 82%.

82% accepted 41% graduate $50,698 earnings

Morgan's full profile

#33

South Carolina State University

Orangeburg, SC · 2,934 students · Public

83% accepted 33% graduate $38,262 earnings

University of the District of Columbia

Washington, DC · 3,351 students · Public

Located in the heart of Washington, D.C., the University of the District of Columbia serves a diverse student body of over 3,300. With 36% of students receiving Pell Grants, it emphasizes accessibility and inclusivity, aiming to support those from various economic backgrounds.

30% graduate $44,236 earnings

University's full profile

#35

Cheyney University of Pennsylvania

Cheyney, PA · 617 students · Public

24% graduate $37,837 earnings

Cheyney's full profile

#36

Wiley University

Marshall, TX · 712 students · Private nonprofit

Wiley University, a private nonprofit institution in Marshall, TX, serves a close-knit community of just over 700 students. Known for its commitment to fostering personal relationships between students and faculty, Wiley provides a supportive environment that can be particularly beneficial for students seeking a more individualized educational experience.

22% graduate $33,159 earnings

Paine College

Augusta, GA · 388 students · Private nonprofit

95% accepted 17% graduate $33,338 earnings

Prairie View A & M University

Prairie View, TX · 8,877 students · Public

Prairie View A & M University, located in Prairie View, Texas, is deeply committed to serving its diverse student body and fostering a strong sense of community. With a graduation rate of 43%, the university focuses on preparing students for success in their chosen fields through a rich array of academic offerings and support services. The vibrant campus life encourages engagement, making it an attractive option for students looking to connect and grow.

79% accepted 43% graduate $45,411 earnings

Prairie's full profile

#39

Rust College

Holly Springs, MS · 467 students · Private nonprofit

49% accepted 17% graduate $32,275 earnings

Tuskegee University

Tuskegee, AL · 2,630 students · Private nonprofit

49% accepted 56% graduate $49,641 earnings

Tuskegee's full profile

#41

Le Moyne-Owen College

Memphis, TN · 581 students · Private nonprofit

In Memphis, Tennessee, Le Moyne-Owen College is a private nonprofit institution that fosters a close-knit community for its 581 students. The college prioritizes inclusivity, reflected in its impressive 99% acceptance rate, making it a great option for students seeking a supportive environment as they pursue higher education.

99% accepted 26% graduate $35,594 earnings

Bowie State University

Bowie, MD · 5,043 students · Public

Bowie State University, situated in Bowie, Maryland, serves a diverse community of 5,043 students with a focus on academic excellence and personal growth. The university’s strong emphasis on accessibility is evident in its 72% acceptance rate, welcoming a wide range of students eager to pursue their educational goals.

72% accepted 38% graduate $54,537 earnings

Grambling State University

Grambling, LA · 4,164 students · Public

45% accepted 34% graduate $41,109 earnings

Grambling's full profile

#44

Paul Quinn College

Dallas, TX · 620 students · Private nonprofit

Nestled in Dallas, Texas, Paul Quinn College prioritizes a tight-knit community with around 620 students. The college's mission focuses on social justice and preparing students for leadership, which resonates strongly with those passionate about making a difference in their communities.

40% accepted 33% graduate $29,288 earnings

University of Maryland Eastern Shore

Princess Anne, MD · 2,391 students · Public

The University of Maryland Eastern Shore, located in Princess Anne, offers a unique blend of academic programs and a close-knit campus atmosphere. With a graduation rate of 35%, it strives to create an environment where students can thrive and connect with faculty dedicated to their success. The campus is known for its emphasis on research and community engagement, appealing to students eager to make an impact.

96% accepted 35% graduate $47,697 earnings

University's full profile

#46

Albany State University

Albany, GA · 5,956 students · Public

27% graduate $40,674 earnings

Albany's full profile

#47

Huston-Tillotson University

Austin, TX · 1,005 students · Private nonprofit

In the vibrant city of Austin, Texas, Huston-Tillotson University welcomes around 1,005 students to its private nonprofit campus. The school has an acceptance rate of 39%, which indicates a selective admission process aimed at attracting motivated students. With a graduation rate of 35%, the university is focused on helping students reach their academic milestones while fostering a sense of community and belonging.

39% accepted 35% graduate $42,937 earnings

Huston-Tillotson's full profile

#48

Southern University at New Orleans

New Orleans, LA · 1,055 students · Public

79% accepted 16% graduate $34,042 earnings

Southern's full profile

#49

Jackson State University

Jackson, MS · 4,600 students · Public

93% accepted 41% graduate $39,060 earnings

Jackson's full profile

#50

Livingstone College

Salisbury, NC · 924 students · Private nonprofit

Livingstone College, a private nonprofit institution, is known for its commitment to serving a diverse student body, with about 82% of students receiving Pell Grants. With a smaller community of 924 students, the college emphasizes personal growth and the formation of strong relationships, which can be crucial in navigating the college experience and beyond.

59% accepted 26% graduate $32,600 earnings

Livingstone's full profile

When examining the data, we see a distinct pattern emerge between schools like Hampton University and West Virginia State University. Hampton’s high average earnings of $59,159 and graduation rate of 56% indicate a strong return on investment. In contrast, West Virginia State University, while offering decent earnings of $40,492, has a lower graduation rate of 36%. This suggests that students at Hampton are not only graduating at a higher rate but also achieving greater financial success post-graduation.

After reviewing all 50 schools, it’s important to weigh these metrics against personal priorities. Consider factors such as location, program fit, and campus culture alongside financial data. For instance, if you value a lower net price, Elizabeth City State University may be appealing, but if earning potential is your priority, Hampton University could be the better choice despite its higher costs. Think about what matters most to you and your family, and let those priorities guide your decision.

The data here illustrates that choosing the right college can significantly impact a graduate's financial stability. One family might prioritize a school with a high graduation rate to ensure their student completes their degree, while another may focus on earning potential to pay off debt quickly. Every choice carries weight, and understanding these nuances can lead to a more informed and beneficial decision.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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