Online MBA Programs at Business Schools in Tennessee (TN)


Coming in sixth on Chief Executive’s 2018 list of Best and Worst States for Business, #12 on the Forbes 2018 list of Best States for Business, and #23 on U.S. News and World Report’s Best Business Environments, Tennessee is a promising state for creating companies.

Tennessee is attracting investment and expansion from large companies through their “Drive to 55” program. By offering high school seniors free tuition to a two-year community college or technical school, the initiative aims to ensure 55 percent of the residents have a post-secondary education by 2025, thereby adding skilled labor to the Tennessee workforce. Tennessee is also a very financially stable state; it’s ranked #1 by U.S. News and World Report in long term fiscal stability, #9 in short-term fiscal stability, and is the #5 most financially stable state in the nation.

Major industries in Tennessee include advanced manufacturing, chemicals, energy, entertainment, medical devices, logistics, mining, logging, construction, and automobiles. There are 11 Fortune 500 companies headquartered in Tennessee such as Fedex, HCA Holdings, Dollar General, Autozone, International Paper, Lifepoint Health, Tractor Supply, Volkswagen Group of America, Nissan North America, Gulfstream Aircraft, and Carlstar Group.

Online MBA programs offered by Universities in Tennessee can be a cost- and time-effective pathway for those looking to tap into the industries that are the lifeblood of the state of Tennessee. Built for professionals who wish to remain working as they advance their careers and expand their business acumen, institutions of higher learning in Tennessee offer a range of high quality, accredited online MBA programs that rival on-campus programs. Coursework can be completed at times and places that fit into the busy lives of professionals looking to advance into management, without the need to visit a physical university campus.

Keep reading to learn more about accredited online and hybrid (online/on-campus) MBAs in the state of Tennessee and the distinguished professors driving MBA education.

Featured Online MBA Programs in Tennessee

The 100 percent online MBA offered through the Rollins College of Business at UTC aims to create well-rounded professionals with a grasp of theory, practice, and experience. Students interested in earning an MBA from UTC in an online format can choose a general MBA or can concentrate in business analytics or healthcare administration.

Courses in the 36-credit-hour program include economics for managers, information technology for business, corporate entrepreneurship and innovation, and quantitative decision analysis for business.

UTC has a slightly lower GPA threshold than many online MBA programs, requiring a cumulative 2.7 undergraduate GPA or higher. GMAT/GRE scores are required for admission, although GMAT waivers may be available for those who have a graduate degree with a 3.0 GPA, a BA GPA of 3.25 with five years professional experience, or a 3.2 GPA in AACSB upper division business courses with a 3.0 cumulative BA GPA.

Location: Chattanooga, Tennessee
Accreditation: Association to Advance Collegiate Schools of Business (AACSB)
Expected Time to Completion: Part-time (two years), full-time (1.5 years)
Estimated Tuition: $2065 per three-credit course (out-of-state)

The UT Martin MBA is a 100 percent online MBA for students with two years of post bachelor’s experience working full-time who wish to advance their careers in a program taught by full-time faculty in small 20-person cohorts. There is a 30-credit general MBA program or a 42-credit MBA with an agricultural focus.

Courses across both programs include accounting for managerial decisions, legal and ethical environment of business, organizational theory and design, and operations management: analytics and application.

In addition to two years of professional experience, GMAT or GRE scores are required for admission. GMAT/GRE waivers may be available to those with seven or more years of full-time business experience in combination with a 3.0 undergraduate GPA.

Location: Martin, Tennessee
Accreditation: Association to Advance Collegiate Schools of Business (AACSB)
Expected Time to Completion: 18 months
Estimated Tuition: $432 per credit-hour (out-of-state)

A Christian faith-based institution, FHU College of Business offers a 100 percent online MBA for professionals who wish to graduate with an ethical, character-driven perspective on business that will help them to advance their careers. Prospective students applying to FHU can choose between a general MBA or an MBA in healthcare management.

Courses in the 30-credit program include economic thought, leading teams and organizations, marketing management, and strategic decision making. GRE and GMAT scores are not required for admission to FHU. Applicants to FHU’s online MBA must meet Common Professional Component (CPC) requirements as recognized by ACBSP. Those with an undergraduate degree in business satisfy the requirement, while those without will need to have a transcript evaluation to determine if CPC requirements have been met.

Location: Chattanooga, Tennessee
Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)
Expected Time to Completion: One year
Estimated Tuition: $590 per credit-hour

As one of the top online MBAs in Tennessee, Fogelman College’s program at U of M is for ambitious professionals with demanding schedules who want straightforward education they can apply immediately to today’s business problems. In alignment with this philosophy, UofM’s program does not have any prerequisite course requirements to begin their core MBA curriculum.

Classes in the 33-credit-hour program include creativity and innovation, information systems in the global enterprise, financial and managerial accounting for managers, and economics for the global executive. GMAT and GRE scores are required for admission for those with a bachelor’s degree. The GMAT/GRE requirement is waived for those with an earned master’s from an accredited U.S.-based program.

Location: Memphis, Tennessee
Accreditation: Association to Advance Collegiate Schools of Business (AACSB)
Expected Time to Completion: Two years
Estimated Tuition: $22,400 for the program (out-of-state)

Designed for students with two years minimum professional experience, King University’s 100 percent online MBA implements a blend of case analysis, individual and preparation, small group discussion, and contemporary applicability to the student’s current professional position.

Students enrolled in the 36-semester-hour program can choose from six concentrations including healthcare management, human resources management, marketing, management, management information systems, and project management. Coursework in the program includes instruction in economics of architecture and strategy, business and organizational ethics, international business, and leadership.

GMAT scores are not required to apply. However, students are required to have prerequisite coursework in statistics, marketing, finance, economics, financial accounting, and computer applications. Students without these prerequisites will be required to complete them before the corresponding MBA course occurs in the program sequence.

Location: Bristol, Tennessee
Accreditation: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
Expected Time to Completion: 16 months
Estimated Tuition: $605 per semester-hour

The online MBA offered through the Goodfried School of Business at TWU is designed for those who want to serve as managers in their organization or advance their career into leadership roles.

Prospective students can apply to be a part of a general MBA program or can choose to concentrate in management or accounting. Classes in the 30-credit-hour program include corporate sustainability, financial management of organizations, leadership in a global economy, and human capital management. No GMAT is required for applicants to this MBA program. In addition, the GPA threshold for acceptance into this program is 2.75, lower than many other online programs.

Location: Athens, Tennessee
Accreditation: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
Expected Time to Completion: Part-time (two years), full-time (one year)
Estimated Tuition: $500 per credit-hour

Union University’s McAfee School of Business offers a flexible online MBA program where students will learn how to lead and manage in organizations through the lens of Christian faith. Students enrolled in the program can choose a general MBA or can concentrate in accounting, human resources management, leadership, or marketing. Students interested in nursing also have the option to earn a dual degree MBA/master’s of science in nursing (MSN) completely online. Union also offers online graduate certificates in human resources, leadership, and marketing.

Coursework in the 36-credit MBA program includes units in managerial economics, managerial accounting, business policy and strategic management, and production operations management. GMAT scores are required for admission, but the may be waived for those with five or more years of significant business experience.

Location: Jackson, Tennessee
Accreditation: Association to Advance Collegiate Schools of Business (AACSB)
Expected Time to Completion: One to two years
Estimated Tuition: $615 per credit-hour

Hybrid MBA Programs in Tennessee

Students living near college campuses who wish to retain the flexibility of online programs while benefiting from in-person networking opportunities may want to consider hybrid MBA programs. Hybrid MBA programs blend elements of both online and on-campus programs by providing the flexibility of asynchronous didactic coursework with minimally intrusive on-campus residencies, orientations, or course intensives. The following Tennessee Universities offer hybrid MBA programs for those who wish to learn in a blended format:

Professors to Know in Online MBA Programs in Tennessee

  • Beverly Brockman, PhD, MBA - UTC Gary W. Rollins College of Business

    Dr. Beverly Brockman is a George Lester National Centennial professor of entrepreneurship and department head of marketing and entrepreneurship at the Gary W. Rollins College of Business at the University of Tennessee, Chattanooga.

    Dr. Brockman’s research foci include organizational learning, product development, and entrepreneurship, and she has expertise in small business management and entrepreneurship. Dr. Brockman is a well-published scholar serving as the lead researcher on peer-reviewed journal articles appearing in a range of business research, marketing science, entrepreneurship, and product innovation journals.

    Dr. Brockman is a decorated researcher as well, winning the Academy of Entrepreneurship's Distinguished Research Award in 2009 and becoming an Inductee into the Alpha Scholastic Honor Society in 2011. Dr. Brockman earned her MBA in 1991 from the University of Kentucky, and her PhD in 2000 from the University of Alabama.

  • Pankaj (P.K.) Jain, PhD, MBA, CFA - U of M Fogelman College of Business and Economics

    Dr. P.K. Jain is professor of finance in the Fogelman College of Business and Economics at the University of Memphis. Dr. Jain’s research interests include institutional trading and financial design, and he has been the lead author and co-author of published peer reviewed journals appearching in a range of finance, economics, management, banking, financial research, and accounting journals.

    Dr. Jain is also an awarded researcher, earning recognition from the Eastern Finance Association, the Southern Finance Association, the University of Memphis, Indiana University, and several other institutions. Dr. Jain holds his MBA from the Indian Institute of Management, has a law degree from the University of Mumbai, and earned his PhD from Kelley School of Business at Indiana University. In addition to his work as a scholar, Dr. Jain has extensive experience working for governmental agencies in consultant, project management, and research-focused positions.

  • Duncan Nicol, PhD, MEd, MBA - Union University McAfee School of Business

    Dr. Duncan Nicol is an assistant professor of marketing in the McAfee School of Business at Union University. Dr. Nicol is an alumnus of Union University, and earned his bachelor’s, master’s of business administration, and master’s of art in education at Union. He earned his PhD from the University of Mississippi.

    Dr. Nicol’s research interests include CEO narcissism, corporate social responsibility, and the impact of data breaches. In addition to being a published scholar in the Journal of the Academy of Marketing Science, Dr. Nicol has presented his findings at several marketing science conferences. Dr. Nicol is also an awarded teacher and researcher, winning the Teaching Excellence Award from the McAfee School of Business in 2018 and the Research Excellence Award from McAfee School of Business in 2017, among others