Campus: Memphis, Tennessee
Base Program Cost NR: $20,889
Per Credit Hour NR: $633
Base Program Cost R: $17,556
Per Credit Hour R: $532
Minimum Credit Hours: 33
GMAT Required: Yes
Minimum Time Commitment: 24 months
Concentrations Available Online: Generalist/Electives, Pharmacy Practice Management
On Campus Requirements: No
The University of Memphis is a public school noted for its academic programs, which are both comprehensive and innovative. The learner-centered research university provides exceptional education experiences where students pursue new knowledge through research, artistic expression, and interdisciplinary and engaged scholarship. Founded in 1909 and originally known as West Tennessee State Normal School, the University of Memphis experienced changes and reform leading to the addition of graduate programs in 1950. Eventually, University of Memphis designed their MBA program to be available entirely online.
Currently, Memphis enrolls over 22,700 students, 68% of whom are enrolled full-time, and over 3,370 are enrolled at the master’s level. Because the demand for quality business professionals is so high, University of Memphis has carefully crafted the curriculum for the MBA program to suit the requirements for a business professional in a competitive market. University of Memphis is proud to be the starting line for students seeking to advance their academic and professional careers through an online MBA program.
The University of Memphis is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools to award degrees to graduating students. Additionally, the school has received specialized accreditation from the Association to Advance Collegiate Schools of Business (AACSB)for the Fogelman College of Business and Economics and its business degrees.
Developed for business professionals attempting to advance their career to the next level through a master’s degree, University of Memphis offers a complete MBA program available entirely online. Based on synchronous and asynchronous instruction, the online professional MBA program without a concentration is delivered in 33 credit-hours. Because busy working professionals are limited in time, the MBA content is presented to students in its simplest form.
Delivering a strategic understanding of current business problems, providing students with the latest knowledge pertinent to the business world, and equipping them with the best tools and practices necessary to solve those problems, University of Memphis’ MBA program more than adequately prepares students for entry into the next level of professional business.
Covering topics such as global strategic marketing, management principles, economics and finances, business ethics, and corporate governance, students graduating with an MBA from University of Memphis will have acquired all the necessary requirements for entry to an upper-level management position. Motivated students can complete the entire program in less than one year, unless they have chosen an MBA with a concentration.
University of Memphis breaks up the admissions process into five simple steps for graduates entering the MBA program:
- Graduate School Application
Students applying for admission to the MBA program at Memphis can apply online via the admission application. The nonrefundable application fee for domestic students is $35 and the for international students, the fee is $60.
- Pre-Registration Application
Pre-registration application can be completed online as well – specifically for admission to the Fogelman College of Business & Economics.
- GMAT or GRE Admission Test
GMAT or GRE exam must be completed and scores sent to the Graduate Admissions office.
Official transcripts from previously attended colleges or universities must be sent to the Graduate Admissions office as well.
- Supplemental Materials
Supplemental materials include a current resume, statement of personal interest (no longer than 2 pages of single-spaced text), an essay (maximum of 1,000 words long), and two letters of recommendation.
See this page for more details regarding the admissions process for MBA students.
Tuition and Financial Aid
Tuition costs at University of Memphis for the online MBA program are highly competitive. Without a concentration, tuition costs for 33-credit hours for in-state students are about $17,556 in fees and tuition. Out-of-state students will pay about $20,889 for the entire MBA program. If Taking the Pharmacy Practice Management concentration (45 credit hours), in-state students pay $23,940 in tuition costs. Out-of-state students pay $28,485 for an MBA with the concentration.
Financial aid is delivered primarily at the federal level. Students complete and submit the Free Application for Federal Student Aid (FAFSA) to determine aid eligibility based on tuition cost and Expected Family Contribution (EFC); federal financial aid is awarded to the student relative to the total need. Other forms of financial assistance include federal and private loans, corporate reimbursement, and select scholarship opportunities. Click here to view more information regarding financial aid.
The website for University of Memphis provides students with application forms for admissions and financial aid, information about college scholarships, an online course syllabi for the current semester, student advising resources, internship opportunities available, placement services, and technology assistance. These tools allow online students to have access to the same support system as traditional students and make the online education experience as simple as possible.
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