Research.com is an editorially independent organization with a carefully engineered commission system that’s both transparent and fair. Our primary source of income stems from collaborating with affiliates who compensate us for advertising their services on our site, and we earn a referral fee when prospective clients decided to use those services. We ensure that no affiliates can influence our content or school rankings with their compensations. We also work together with Google AdSense which provides us with a base of revenue that runs independently from our affiliate partnerships. It’s important to us that you understand which content is sponsored and which isn’t, so we’ve implemented clear advertising disclosures throughout our site. Our intention is to make sure you never feel misled, and always know exactly what you’re viewing on our platform. We also maintain a steadfast editorial independence despite operating as a for-profit website. Our core objective is to provide accurate, unbiased, and comprehensive guides and resources to assist our readers in making informed decisions.

2024 Most Valuable Business Degree Programs Ranking in Tennessee

Paweł Dąbrowski, Phd

by Paweł Dąbrowski, Phd

Higher Education Data Scientist

Imed Bouchrika, Phd

by Imed Bouchrika, Phd

Chief Data Scientist & Ranking Editor

What can I expect from a Business degree in Tennessee?

When pursuing a business degree in Tennessee, you can expect a transformative educational journey that equips you with the skills and experiences necessary to excel in today’s competitive job market. Graduates from institutions like the University of Tennessee and Vanderbilt University often share how their programs prepared them for diverse career paths, from management to entrepreneurship. Here’s what you can anticipate:

  • Diverse Career Opportunities: Many graduates recount how their business degrees opened doors to various sectors. One graduate landed a role in finance, while another ventured into marketing, illustrating the versatility of a business education.
  • Essential Skill Development: Students frequently highlight the critical thinking and problem-solving skills they honed during their studies. For instance, a graduate mentioned how a strategic planning project helped them develop a mindset that is invaluable in their current role.
  • Practical Learning Experiences: Programs in Tennessee emphasize hands-on learning. Graduates often reflect on their internships and group projects, noting how these experiences bridged the gap between theory and practice. One student recalled working on a real-world case study that directly influenced their approach to business challenges.
  • Networking Opportunities: The connections made during their studies are often cited as a game-changer. Graduates emphasize the importance of networking events and alumni connections, which have led to internships and job offers. One graduate shared how a chance meeting at a university event resulted in a pivotal internship.
  • Specialization Options: Many students appreciate the ability to tailor their education. Graduates have pursued concentrations in areas like human resources or accounting, aligning their studies with their career aspirations. This flexibility allows for a more personalized educational experience.
  • Competitive Earning Potential:Graduates often express satisfaction with their earning potential, with many reporting starting salaries above the median for business degree holders. This financial advantage is a significant motivator for many students.
  • Accreditation Matters: Enrolling in accredited programs is a common theme among graduates, who recognize that it enhances their credibility in the job market. They often advise prospective students to prioritize accredited institutions for a quality education.

In Tennessee, a business degree is not just an academic credential; it’s a pathway to a fulfilling career, enriched by real-world experiences and a robust professional network.

Where can I work with a Business degree?

Graduates with a business degree from Tennessee can expect to find themselves in a multitude of rewarding career paths that leverage their education and skills. Many alumni from institutions like the University of Tennessee and Vanderbilt University have shared their experiences, highlighting the diverse opportunities available in the state.

  • Management Consulting: Graduates often enter management consulting, where they help organizations streamline operations. One graduate recounted how their analytical skills, honed during case studies in class, allowed them to propose impactful strategies for local businesses, enhancing efficiency and profitability.
  • Finance: The finance sector is particularly appealing, with roles such as financial analysts and managers. A graduate from a prominent Tennessee university shared how their internship at a Nashville investment firm led to a full-time position, where they now oversee budgeting and investment strategies, earning a competitive salary.
  • Marketing: Many students find their niche in marketing, where they analyze consumer behavior and develop promotional campaigns. A graduate described how their coursework in digital marketing directly translated into a role at a leading advertising agency, where they help brands connect with their audiences.
  • Human Resources: HR roles are also in demand, with graduates managing recruitment and employee relations. One former student emphasized the satisfaction of creating a positive workplace culture, a skill they developed through hands-on projects during their studies.
  • Healthcare Management: With the healthcare sector booming, graduates are stepping into roles like medical and health services managers. A graduate noted the fulfillment of improving patient care through effective management practices learned in their business program.
  • Entrepreneurship: Many graduates choose to launch their own ventures, using their education to innovate. Oneentrepreneur shared how the support from their university’s business incubator was instrumental in turning their idea into a successful startup.
  • Accounting: The accounting field remains a staple for business graduates, with many securing positions that ensure financial compliance. A graduate reflected on how their rigorous training prepared them for the complexities of financial reporting.

The versatility of a business degree from Tennessee not only opens doors to these varied career paths but also equips graduates with the skills to thrive in a competitive job market. The connections made during their studies often lead to invaluable opportunities, making the investment in a business education truly worthwhile.

How much can I make with a Business degree in Tennessee?

Graduates with a Business degree in Tennessee can expect to earn competitive salaries that reflect their hard work and dedication. For instance, a Project Manager in Tennessee earns an average annual wage of $80,220, translating to an hourly wage of $38.57. This role is often pursued by graduates who have honed their skills in leadership and project coordination during their studies at institutions like the University of Tennessee or Vanderbilt University.

Similarly, Business Analysts, who play a crucial role in interpreting data and driving strategic decisions, can command an impressive average annual salary of $108,790, or about $52.30 per hour. Graduates from programs at schools such as Belmont University often find themselves well-prepared for these roles, thanks to a curriculum that emphasizes analytical thinking and problem-solving.

Consider the experiences of recent graduates who have shared their journeys. One graduate recounted how their coursework in business strategy and analytics at a well-known Tennessee university equipped them with the tools necessary to excel in their role as a Business Analyst. They highlighted the importance of internships and networking opportunities provided by their university, which ultimately led to a lucrative job offer right after graduation.

Another graduate reflected on their time studying project management, emphasizing how group projects and real-world case studies helped them develop the skills needed to thrive in a fast-paced environment. They noted that the collaborative atmosphere fostered by their university not only prepared them for the workforce but also created lasting friendships and professional connections.

In summary, pursuing a Business degree in Tennessee opens doors to rewarding career paths with substantial earning potential. The combination of a solid educational foundation and practical experience positions graduates to succeed in various roles, making it a wise investment for anyone consideringtheir future in the business world.

Table of Contents

2024 Most Valuable Business Degree Programs Ranking in Tennessee

# 1 position

College logo

The University of Memphis offers a Master's degree program in Business with a total cost ranging from $25,042 to $25,527. With a high acceptance rate of 95%, the program attracts a large pool of applicants, totaling 14,916. An impressive 97% of students receive financial aid, making this program accessible to many. As a potential student, you can expect a strong focus on business education at the University of Memphis, with a high likelihood of acceptance and financial support.

# 2 position

Strayer University-Tennessee

Master
College logo

Strayer University-Tennessee offers a Master's degree program in Business with a total cost of $25,782 in 2019, $23,841 in 2020, and $23,085 in 2021. 83% of students receive financial aid. The acceptance rate and number of applicants are not available. This program provides a focus on business education for students seeking to advance their careers in the field. With a high percentage of students receiving financial aid, it offers an accessible option for those looking to further their education in business.

East Tennessee State University offers a Master's degree program in Business with a total cost of $24,836 in 2021. The program has a high acceptance rate of 87% with 98% of students receiving financial aid. In 2020, the total cost was $36,574, and in 2019 it was $36,924. With 8563 applicants, this program provides a great opportunity for those seeking a graduate degree in business.

The University of Tennessee-Martin offers a Master's degree program in Business with a total cost ranging from $25,184 to $26,065. With a high acceptance rate of 75%, the program attracts a large pool of applicants, totaling 8,705. An impressive 99% of students receive financial aid, making this program accessible to many. As a prospective student, you can expect a competitive program with a focus on business, providing you with the necessary skills and knowledge to succeed in the field.

The University of Tennessee-Knoxville offers a Master's program in Business with a total cost ranging from $44,744 to $45,412 in recent years. With a high acceptance rate of 75%, the program attracts a large pool of applicants, totaling 29,909. An impressive 92% of students receive financial aid, making this program accessible to many aspiring business professionals. This program provides a solid foundation in business education at a reputable institution, making it a desirable choice for those seeking to advance their careers in the field.

Tennessee Technological University offers a Master's program in Business with a total cost of $29,964 in 2021. With a high acceptance rate of 79%, the program is popular among applicants, with 97% of students receiving financial aid. For US-based students seeking a quality education in business, this program provides a solid foundation at an affordable cost. Consider applying to Tennessee Technological University to further your education and advance your career in the business field.

# 7 position

Strayer University-Tennessee

Bachelor
College logo

Strayer University-Tennessee offers a Bachelor's degree program focused on Business. With a total cost of $25,782 in 2019, $23,841 in 2020, and $23,085 in 2021, 83% of students receive financial aid. The acceptance rate and number of applicants are not available. This program provides a comprehensive education in business for students looking to advance their careers in the field. With a high percentage of students receiving financial aid, it offers an accessible option for those seeking a quality education in business.

The University of Tennessee-Chattanooga offers a Master's program in Business with a total cost ranging from $36,674 to $36,866. With a high acceptance rate of 86%, the program attracts a large pool of applicants, totaling 7,607. An impressive 97% of students receive financial aid, making this program accessible to many aspiring business professionals. With a focus on business, this program provides a comprehensive education for those looking to advance their careers in the field.

# 9 position

College logo

Bethel University offers a Master's degree program in Business with a total cost ranging from $27,408 to $28,050. The program has a high financial aid rate of 98% and an acceptance rate of 50%. In 2023, the program received 2148 applicants. This program provides a solid foundation in business education and a majority of students receive financial assistance. With a competitive acceptance rate, Bethel University's Business program is a popular choice for those looking to advance their career in the field of business.

# 10 position

College logo

Austin Peay State University offers a Master's degree program in Business with a total cost ranging from $26,437 to $27,349 in recent years. With a high acceptance rate of 93%, the program is popular among applicants, with 99% of students receiving financial aid. This program provides a valuable opportunity for students seeking to advance their knowledge and skills in the field of business. With a focus on practical learning and a supportive financial aid system, Austin Peay State University is a great choice for aspiring business professionals.

# 11 position

College logo

Lincoln Memorial University offers a Master's degree program in Business with a total cost ranging from $29,140 in 2019 to $30,614 in 2021. The program has a high acceptance rate of 70% with 93% of students receiving financial aid. In 2023, the program received 2013 applicants. This program provides a great opportunity for US-based students interested in pursuing a business degree at a reputable institution with a high chance of acceptance and financial aid availability.

# 12 position

College logo

The University of Memphis offers a Bachelor's degree program in Business with a total cost of $25,527 in 2019 and 2020, and $25,042 in 2021. The program has a high acceptance rate of 95% with 97% of students receiving financial aid. With a focus on business, this program is a popular choice among students, attracting 14,916 applicants. For US-based students looking to pursue a degree in business, the University of Memphis provides a comprehensive and affordable option with a high likelihood of acceptance.

# 13 position

College logo

Lee University offers a Bachelor's degree program in Business with a total cost of $30,260 in 2021. The program has a high acceptance rate of 83% out of 2222 applicants. 98% of students receive financial aid, making it accessible to many. With a focus on business, this program provides a comprehensive education for those looking to enter the business world. Consider Lee University if you are seeking a degree in Business with a strong support system for financial aid.

Middle Tennessee State University offers a Master's program in Business with a total cost ranging from $37,978 to $39,100. The program has a high acceptance rate of 68% with 99% of students receiving financial aid. In 2023, the program received 11,244 applicants. This program provides a great opportunity for students interested in pursuing a graduate degree in business at a reputable institution with a high likelihood of receiving financial assistance.

The University of Tennessee Southern offers a Bachelor's degree program in Business with a focus on preparing students for success in the business world. The program has a total cost that has decreased over the years, from $35,100 in 2019 to $20,400 in 2021. All students receive financial aid, making it accessible to all. With an acceptance rate of 92%, the program is competitive yet open to a large number of applicants. This program is a great option for those looking to pursue a career in business.

# 16 position

College logo

Bethel University offers a Bachelor's degree program in Business with a total cost ranging from $27,408 to $28,050. The program has a high financial aid rate of 98% and an acceptance rate of 50%. In 2023, the program received 2,148 applicants. This program provides a solid foundation in business education and a majority of students receive financial assistance. With a competitive acceptance rate, Bethel University's Business program is a popular choice for aspiring business professionals.

# 17 position

Bryan College-Dayton

Bachelor

Bryan College-Dayton offers a Bachelor's degree program in Business with a total cost that has decreased over the years, from $37,567 in 2019 to $28,410 in 2021. A high percentage of students, 98%, receive financial aid. The acceptance rate and number of applicants are not available. This program provides a focus on business education for students interested in pursuing a career in the field. With a strong emphasis on financial aid, Bryan College-Dayton aims to make higher education more accessible for students.

# 18 position

College logo

Middle Tennessee State University offers a Bachelor's degree program in Business with a total cost ranging from $37,978 in 2019 to $39,100 in 2021. The program has a high acceptance rate of 68% with 99% of students receiving financial aid. With a large number of applicants at 11,244, this program provides a solid foundation in business education while also offering significant financial support to the majority of its students.

# 19 position

College logo

East Tennessee State University offers a Bachelor's degree program in Business with a total cost of $24,836 in 2021. The program has a high acceptance rate of 87% with 98% of students receiving financial aid. In 2020, the total cost was $36,574, and in 2019 it was $36,924. With 8563 applicants, this program provides a great opportunity for students interested in pursuing a career in business.

# 20 position

College logo

Tennessee State University offers a Master's program in Business with a total cost of $32,244 in 2019 and 2020, and $36,682 in 2021. 73% of students receive financial aid. The acceptance rate and number of applicants are not available. This program provides a comprehensive education in business for students seeking to advance their careers in the field. With a focus on practical skills and real-world applications, Tennessee State University's Business program prepares students for success in the competitive business world.

What Business degree graduates have to say

  • Scott: "Graduating with a Business degree from the University of Tennessee, Knoxville, was a transformative experience for me. The faculty were not just professors; they were mentors who genuinely cared about our success. The hands-on learning opportunities, like the Business Analytics Lab, allowed me to apply theoretical knowledge to real-world scenarios. I remember working on a project that helped a local startup optimize their marketing strategy, and seeing the tangible impact of our work was incredibly fulfilling. The vibrant campus life and the supportive community made my time there unforgettable. I left not just with a degree, but with lifelong friendships and a network that has been invaluable in my career."
  • Laura: "My journey at Belmont University was nothing short of extraordinary. The emphasis on ethical leadership in business resonated deeply with me. I was fortunate to participate in the Entrepreneurship program, where I developed my own business plan and pitched it to real investors. The feedback I received was constructive and empowering, pushing me to refine my ideas and think critically. The professors were industry professionals who brought their experiences into the classroom, making lessons come alive. Beyond academics, the sense of community at Belmont fostered collaboration and support among students. I graduated feeling not only prepared for the business world but also inspired to make a difference."
  • Alice: "Attending Middle Tennessee State University was one of the best decisions of my life. The Business program offered a perfect blend of theory and practice, with opportunities for internships that truly set me apart in the job market. I had the chance to intern with a Fortune 500 company, which was a game-changer for my career. The faculty were incredibly supportive, always encouraging us to pursue our passions and think outside the box. I also loved the diversity of the student body; it enriched my learning experienceand broadened my perspective on global business practices. MTSU not only equipped me with the skills I needed but also instilled a sense of confidence that I carry with me to this day."

The chart above shows the gender balance (men vs woman) for Stationary Business graduates in 2024 in Tennessee. The plot shows the statistics of graduates summed over all institutions that were included in our ranking and that send the applicants information to IPEDS database.

How long does it take to complete a Business degree in Tennessee?

Completing a Business degree in Tennessee typically takes two years for an associate degree, four years for a bachelor’s degree, and an additional one to two years for a master’s degree. This timeline can vary based on the program structure and whether you choose to study full-time or part-time. However, the investment of time is well worth it, as the benefits of obtaining a Business degree in Tennessee are substantial.

Consider the thriving business landscape in cities like Nashville and Memphis, where graduates from local universities often find themselves in high-demand roles. For instance, graduates from the University of Tennessee at Knoxville frequently report securing internships and job placements with major corporations, thanks to the university's strong industry connections.

Here are some key points to consider:

  • Associate Degree (2 years): Ideal for those looking to enter the workforce quickly. Graduates often find roles in administrative support or sales, providing a solid foundation for further education.
  • Bachelor’s Degree (4 years): This is the most common path. Graduates from institutions like Middle Tennessee State University often step into management training programs or marketing roles, with many earning starting salaries well above the national average.
  • Master’s Degree (1-2 years): For those seeking leadership positions, a master’s degree can be a game-changer. Graduates from Vanderbilt University’s MBA program frequently report significant salary increases and enhanced career opportunities, often moving into executive roles shortly after graduation.

The real-world applications of a Business degree are vast. Imagine walking into a boardroom, armed with the knowledge and skills acquired from your studies, ready to make impactful decisions. The connections you build during your time in Tennessee’s universities can lead to lifelong professional relationships, opening doors you never knew existed.

Investing your time in aBusiness degree in Tennessee not only equips you with essential skills but also positions you for a successful career in a vibrant and growing economy.

The chart above shows the ethnicity balance for Stationary Business graduates in 2024 in Tennessee. The plot shows the statistics of graduates summed over all institutions that were included in our ranking and that send the applicants information to IPEDS database.

What’s the difference between online and on-campus Business degree?

The choice between an online and on-campus Business degree in Tennessee hinges on your personal circumstances and career aspirations. Both paths offer unique advantages, but understanding these differences can significantly impact your educational experience and future opportunities.

Online Business degrees provide unparalleled flexibility. For instance, graduates from online programs at institutions like the University of Tennessee at Martin often appreciate the ability to balance work, family, and education. This format allows students to access coursework anytime, anywhere, making it ideal for those juggling multiple responsibilities.

On the other hand, on-campus programs, such as those at Vanderbilt University, foster a vibrant community. Students benefit from face-to-face interactions with professors and peers, which can enhance networking opportunities. Engaging in group projects and participating in campus events can lead to lasting professional relationships.

Consider these key differences:

  • Flexibility vs. Structure: Online programs allow you to learn at your own pace, while on-campus programs offer a structured schedule that can help keep you accountable.
  • Networking Opportunities: On-campus students often have direct access to career fairs, guest lectures, and alumni events, which can be crucial for job placements. Graduates from on-campus programs frequently cite these connections as pivotal in their job searches.
  • Learning Environment: Online students may miss out on the dynamic classroom discussions that on-campus students enjoy. Engaging with diverse perspectives in real-time can deepen your understanding of complex business concepts.

Ultimately, the decision should align with your learning style and career goals. If you thrive in a collaborative environment and can commit to a traditional schedule, an on-campus degree may be your best bet. Conversely, if you need flexibility to accommodate a busy life, an online degreecould be the perfect fit. Remember, both paths can lead to successful careers in Tennessee’s thriving business landscape.

Choosing the Right Business School in Tennessee

When deciding on a business school in Tennessee, it's essential to consider several factors, including accreditation, program offerings, tuition, and student outcomes. Prospective students should research and evaluate these aspects to find the best fit for their academic and career goals. For instance, those looking for an affordable business school in Tennessee may want to explore options that balance quality education with financial affordability. By carefully weighing these factors, students can make an informed decision and set themselves up for success in their future careers.

What is the average cost of a Business degree in Tennessee?

The average cost of obtaining a business degree in Tennessee can vary widely depending on the type of institution you choose. For in-state students attending public universities, the annual tuition and fees hover around $11,260. Over four years, this totals approximately $45,040, making it a financially savvy option for local students. Graduates from these programs often share how their education at institutions like the University of Tennessee or Middle Tennessee State University provided them with not only academic knowledge but also invaluable networking opportunities that propelled their careers. This affordability is a significant factor when considering the average cost of business degree in Tennessee.

For those considering out-of-state options, the financial commitment increases significantly, with average costs reaching about $29,150 per year. This translates to nearly $116,600 over four years. While some graduates from out-of-state schools may rave about the diverse experiences and broader perspectives they gained, many in-state students find that the quality of education and resources available at Tennessee’s public universities are more than sufficient to launch successful careers.

Private nonprofit institutions present another avenue, with average annual costs around $41,540. While these schools often boast smaller class sizes and personalized attention, the financial burden can be daunting. Graduates from these programs frequently highlight the close-knit community and mentorship opportunities that enriched their learning experience, but it’s essential to weigh these benefits against the higher costs. When evaluating tuition fees for business programs in Tennessee, it's crucial to consider all aspects of the educational experience.

In addition to tuition, students should factor in expenses for textbooks, supplies, and living costs, which can add significantly to the overall investment. Understanding these financial implications is crucial as younavigate your options for pursuing a business degree in Tennessee. The right choice can lead to a rewarding career, and many graduates attest that the investment in their education has paid off in both personal and professional growth. For those looking for flexible options, consider exploring an online accounting certificate flexible schedule that may fit your needs while still providing a solid educational foundation.

While the benefits of a Business degree in Tennessee are well-documented, prospective students should also be aware of potential challenges that can influence both their academic experience and career trajectory. One key consideration is the balance between program rigor and personal commitments. For instance, intensive coursework, competitive projects, and tight deadlines can require dedicated time management, particularly for those juggling part-time work or family responsibilities. Additionally, while many schools offer flexible learning environments, nuances in online versus on-campus experiences may affect networking opportunities and hands-on learning. It is also vital to take a close look at financial commitments; unexpected fees and fluctuations in tuition can impact the overall investment. For example, while evaluating your educational expenses, consider comparing options, such as the business management degree cost, to ensure transparency and long-term affordability. Recognizing these challenges early allows you to better prepare and fully leverage both the academic resources and career opportunities available within Tennessee’s dynamic business landscape.

What financial aid is available to Business degree students in Tennessee?

In Tennessee, the landscape for pursuing a Business degree is not only promising but also financially accessible, thanks to a robust array of financial aid options. With 98% of students benefiting from various forms of assistance, the state has made significant strides in ensuring that education is within reach for all aspiring business leaders.

Consider the Tennessee HOPE Scholarship, which provides up to $4,000 annually for undergraduate students demonstrating financial need. This scholarship has been a game-changer for many graduates who shared their experiences of juggling work and studies. One graduate recounted how this scholarship allowed them to reduce their work hours, enabling them to focus more on their coursework and internships, ultimately leading to a successful job placement after graduation.

The Tennessee Reconnect Grant is another vital resource, specifically designed for independent students or those aged 23 and older. This grant covers tuition and fees after other forms of aid are applied, making it an excellent option for those returning to education later in life. A graduate from a well-known university in Tennessee shared how this grant made it possible for them to pursue their degree without incurring debt, allowing them to graduate with a clear financial slate.

Additionally, the Scarlett Family Foundation Scholarship offers substantial support for prospective Business students from middle Tennessee, ranging from $2,500 to $15,000. This renewable scholarship not only eases financial burdens but also fosters a sense of community among recipients, who often collaborate on projects and networking opportunities.

Moreover, institutions like the Haslam College of Business provide college-specific scholarships for students maintaining a GPA of at least 2.75. One graduate mentioned how this scholarship not only alleviated financial stress but also motivated them to excel academically, as they were determined to keep their grades up to retain thefunding.

In a state where financial aid is abundant, pursuing a Business degree becomes a viable and rewarding journey. The combination of state-funded initiatives, grants, and scholarships creates a supportive environment that empowers students to thrive academically and professionally.

Top 10 Most Valuable Business Degree Programs in Tennessee (2024)

Our 2024 Most Valuable Business Degree Programs Ranking in Tennessee showcases the best institutions based on affordability, graduate outcomes, program flexibility, and industry reputation. Whether you prefer an on-campus experience or a fast-track online option like a quick business degree, these programs deliver exceptional value: 1. University of Tennessee, Knoxville – Renowned for its AACSB-accredited curriculum and strong alumni network, UTK graduates report high placement rates in finance and consulting roles. 2. Vanderbilt University – Offers a selective program with small class sizes, a focus on leadership development, and access to Nashville’s corporate internships. 3. Belmont University – Blends ethical leadership coursework with hands-on marketing labs; graduates often secure positions in Tennessee’s vibrant media market. 4. Middle Tennessee State University – Known for competitive in-state tuition and robust partnerships with local businesses, MTSU excels in supply chain and project management. 5. University of Memphis – Emphasizes experiential learning through real-world case studies in healthcare management and entrepreneurship. 6. Tennessee Technological University – Stands out for its finance specialization and strong placement in manufacturing and logistics firms. 7. East Tennessee State University – Offers customizable concentrations in human resources and hospitality management, ideal for students targeting regional employers. 8. University of Tennessee at Chattanooga – Delivers a curriculum focused on data analytics and strategic planning, backed by Chattanooga’s growing tech sector. 9. Lipscomb University – Prioritizes ethical business practices and social entrepreneurship, with graduates founding nonprofits and startups across the state. 10. Austin Peay State University – Provides an accelerated track for adult learners and online program options that accommodate working professionals. These schools represent Tennessee’s most valuable business degree programs in 2024, balancing cost, quality, and career impact to help you achieve your professional goals.

What are the prerequisites For enrolling in a Business program in Tennessee?

To enroll in a Business program in Tennessee, prospective students typically need to meet several prerequisites that ensure they are prepared for the rigors of higher education. Most universities, such as the University of Tennessee and Vanderbilt University, require a high school diploma or equivalent, along with a solid GPA—generally around 2.5 or higher. Additionally, standardized test scores from the ACT or SAT are often necessary, although some institutions have begun to adopt test-optional policies, which can ease the path for many students.

Many graduates recall their enrollment experiences fondly, sharing how they navigated the application process. One graduate from a prominent Tennessee university mentioned that attending an information session helped clarify the requirements and provided insights into the program's culture. This kind of proactive engagement can significantly enhance your understanding of what’s expected.

Here are some key prerequisites to consider:

  • High School Diploma or Equivalent: Essential for all programs.
  • GPA Requirements: Aim for a minimum of 2.5, but higher is always better.
  • Standardized Test Scores: ACT or SAT scores may be required, though some schools are moving towards test-optional admissions.
  • Letters of Recommendation: Many programs appreciate endorsements from teachers or employers who can vouch for your potential.
  • Personal Statement or Essay: This is your chance to showcase your passion for business and articulate your career goals.

Graduates often emphasize the importance of networking during their enrollment journey. They recommend reaching out to current students or alumni to gain insights into the program and its expectations. This not only helps in understanding the prerequisites but also builds connections that can be invaluable during your studies.

Investing in a Business degree in Tennessee opens doors to a wealth of opportunities, with the state being home to a thriving businessenvironment. The average salary for business graduates in Tennessee can exceed $60,000, making the effort to meet these prerequisites a worthwhile endeavor.

Return on Investment: Evaluating Value of Business Degrees in Tennessee

Understanding the true value of a business degree requires more than just comparing tuition and average salaries—it’s about measuring how quickly graduates recoup their educational investment and build long-term wealth. Average Total Cost vs. Earnings • In-state public bachelor’s: $45,040 over four years • Out-of-state public bachelor’s: $116,600 over four years • Private nonprofit bachelor’s: $166,160 over four years Typical Graduate Earnings • Project Manager: $80,220/year • Business Analyst: $108,790/year • Median first-year salary for graduates: $60,000 Payback Period • In-state public bachelor’s: ~3 years • Out-of-state public bachelor’s: ~5 years • Private nonprofit bachelor’s: ~6 years Key Factors Impacting ROI • Scholarship and grant awards can reduce payback by up to 40%. • Internship programs often lead to full-time offers—accelerating income growth. • Specializations in high-demand areas (e.g., healthcare management) can command 10–20% salary premiums. Maximizing Your Return • Leverage on-campus career services and alumni networks for high-value internships. • Consider accelerated or hybrid formats to enter the workforce sooner. • Compare regional affordability against outcomes—explore rankings like the Low Cost Online Business Degree Programs Ranking in South Carolina for benchmark data. By analyzing both costs and projected earnings, prospective students can choose a program that not only fits their budget but also delivers strong financial rewards well into their careers.

What types of specializations are available in a Business program in Tennessee?

When pursuing a business degree in Tennessee, the array of specializations available can significantly enhance your career prospects and align your education with your passions. Each specialization offers unique insights and skills that are highly sought after in today’s competitive job market. Here’s a closer look at some of the most impactful specializations:

  • Accounting: Graduates often share how mastering financial principles opened doors to lucrative positions in auditing and financial management. One graduate recounted landing a role at a major firm, where their understanding of taxation and financial reporting became invaluable. This specialization is a popular choice among students exploring business degree specializations in Tennessee.
  • Marketing: Students in this field frequently express excitement about learning consumer behavior and branding strategies. A graduate mentioned how their marketing internship allowed them to apply classroom theories to real-world campaigns, leading to a full-time job offer. The practical experience gained here is invaluable for those considering various Tennessee business program concentration options.
  • Finance: This specialization is a gateway to high-stakes roles like financial analyst or investment banker. A graduate shared their experience of analyzing investment strategies, which not only sharpened their analytical skills but also led to a rewarding career in a top investment firm.
  • Human Resources: Those who focus on HR often find fulfillment in fostering workplace culture. A graduate reflected on how their training in employee relations helped them implement effective talent management strategies, significantly improving team dynamics.
  • Healthcare Management: With the healthcare sector booming, graduates in this field are well-prepared for leadership roles. One graduate described how their coursework in healthcare policy and administration equipped them to tackle real-world challenges ina hospital setting.
  • Supply Chain Management: This specialization is crucial for optimizing logistics. A graduate shared how their knowledge of supply chain processes allowed them to streamline operations at a manufacturing company, resulting in substantial cost savings.

The demand for business education is evident, with master’s degrees in business skyrocketing from 3,280 in 1955-56 to 192,230 in 2020-21. This trend underscores the value of specialized knowledge in navigating the complexities of the business world. By choosing a specialization that resonates with your interests, you not only enhance your employability but also position yourself for a fulfilling career in Tennessee’s vibrant job market. For those curious about the future, the job outlook for MBA graduates further highlights the benefits of pursuing a specialized education.

How do you choose the best Business degree program in Tennessee?

When choosing a business degree program in Tennessee, it’s crucial to focus on several key factors that can significantly impact your educational journey and career trajectory.

  • Accreditation: Ensure the program is accredited by reputable organizations like AACSB or ACBSP. Graduates from accredited programs often report feeling more confident in their job search, knowing they’ve received a quality education that meets industry standards. This is particularly important when considering the best business degree programs in Tennessee, as accreditation can influence both the quality of education and job prospects.
  • Program Offerings: With 39 public and non-profit institutions in Tennessee, you have a wealth of options. Some graduates have shared how they thrived in hybrid programs that allowed them to balance work and study, while others found their passion in traditional on-campus experiences. Consider what format suits your lifestyle best, especially when exploring the top business degrees in Tennessee 2024.
  • Tuition and Financial Aid: Tennessee is known for its affordable education, with many community colleges offering low tuition rates. One graduate recounted how they took advantage of financial aid opportunities, which made attending a prestigious university feasible. Don’t overlook the financial aspect; it can make a significant difference in your overall experience.
  • Student Outcomes: Researching graduation rates and employment statistics is vital. A graduate from a well-regarded program noted that their school’s strong job placement rate helped them secure a position in management shortly after graduation. Remember, 75% of individuals with a business degree find themselves in management, finance, or sales roles, underscoring the importance of a program that prepares you for these fields.
  • Campus Environment: The right campus culture can enhance your educational experience. Some graduates expressed how the supportive atmosphere ofsmaller colleges allowed them to build lasting relationships with professors, which proved invaluable in their careers.
  • Specializations and Concentrations: Identify programs that offer concentrations aligned with your career goals. A graduate who specialized in healthcare management found their niche and landed a rewarding job in a growing field. For those interested in flexible options, consider exploring online business administration programs that can cater to your specific needs.

By considering these factors, you can make a well-informed decision that aligns with your aspirations and sets you on a path to success in the business world.

Other Things You Should Know

What are the emerging niches within the Business field?

The business landscape is evolving rapidly, and as prospective students in Tennessee, it's crucial to understand the emerging niches that can shape your career trajectory. Here are some key areas to consider:

  • Sustainability and Green Business: With a growing emphasis on environmental responsibility, businesses are increasingly seeking professionals who can integrate sustainable practices. Programs focusing on sustainable business strategies are gaining traction, particularly at institutions like the University of Tennessee, Knoxville, which offers courses in sustainable business management.
  • Data Analytics and Business Intelligence: The demand for data-driven decision-making is skyrocketing. Companies are looking for graduates who can analyze complex data sets to inform strategic choices. Tennessee universities, such as Vanderbilt University, provide robust analytics programs that equip students with the skills to interpret data effectively, making them invaluable in the job market.
  • Digital Marketing and E-commerce: As online shopping continues to dominate, expertise in digital marketing is essential. Programs that cover social media marketing, SEO, and e-commerce strategies are becoming increasingly popular. Institutions like Belmont University are at the forefront, offering specialized courses that prepare students for this dynamic field.
  • Health Care Management: The intersection of business and healthcare is a burgeoning niche, especially in a state like Tennessee, which is home to major healthcare organizations. Programs focusing on healthcare administration and management are essential for those looking to navigate this complex industry. Schools like the University of Memphis offer tailored degrees that combine business acumen with healthcare knowledge.
  • Entrepreneurship and Innovation: The entrepreneurial spirit is alive and well in Tennessee, with cities like Nashville and Chattanooga fostering startup ecosystems. Businessprograms that emphasize innovation and entrepreneurship are critical for aspiring business owners. Institutions such as Lipscomb University provide resources and mentorship for students looking to launch their ventures.
  • Cybersecurity Management: As businesses increasingly rely on technology, the need for cybersecurity expertise is paramount. Programs that focus on the intersection of business and cybersecurity are emerging to meet this demand. Tennessee Tech University is leading the way with courses that prepare students to protect organizational assets in a digital world.
  • Remote Work and Virtual Collaboration: The shift towards remote work has created a need for professionals skilled in managing virtual teams and projects. Business degrees that incorporate remote work strategies and digital collaboration tools are becoming essential. Universities in Tennessee are adapting their curricula to include these vital skills, ensuring graduates are prepared for the modern workplace.

By focusing on these emerging niches, you can position yourself at the forefront of the business world.

What are the top skills employers look For in Business degree graduates in Tennessee?

In Tennessee's competitive job market, employers are increasingly discerning when it comes to the skills they seek in Business degree graduates. As an industry professional, I can assure you that honing the right skills can significantly enhance your employability and career trajectory. Here are the top skills that will set you apart:

  • Analytical Thinking: Employers value graduates who can dissect complex data and draw actionable insights. Programs at institutions like the University of Tennessee, Knoxville, emphasize data analysis, preparing students to tackle real-world business challenges effectively.
  • Communication Skills: The ability to convey ideas clearly and persuasively is paramount. Whether through presentations or written reports, strong communication fosters collaboration and drives results. Schools such as Vanderbilt University focus on developing these skills through group projects and presentations.
  • Leadership and Teamwork: Employers look for candidates who can lead teams and work collaboratively. Business programs in Tennessee often incorporate group projects and leadership training, ensuring graduates can motivate and manage diverse teams effectively.
  • Problem-Solving Abilities: The business landscape is fraught with challenges. Graduates who can think critically and devise innovative solutions are highly sought after. Programs at institutions like Belmont University encourage creative problem-solving through case studies and simulations.
  • Technical Proficiency: Familiarity with business software and data management tools is essential. Graduates from programs that integrate technology, such as those at Middle Tennessee State University, are better equipped to navigate the digital landscape of modern business.
  • Adaptability: The ability to pivot in response to changing market conditions is crucial. Employers appreciate graduates who demonstrate resilience and flexibility, traits that are often cultivated throughexperiential learning opportunities in Tennessee's business programs.
  • Networking Skills: Building professional relationships is vital for career advancement. Business schools in Tennessee often provide networking opportunities through alumni events and industry partnerships, giving students a head start in establishing valuable connections.
  • Ethical Judgment and Integrity: In an era where corporate responsibility is paramount, employers seek graduates who understand the importance of ethics in business. Programs that emphasize ethical decision-making, such as those at the University of Memphis, prepare students to navigate complex moral landscapes.

By focusing on these skills during your studies, you will not only enhance your resume but also position yourself as a valuable asset to potential employers in Tennessee's thriving business environment.

How can Business students in Tennessee maximize their learning experience?
  • Engage with Local Businesses: Tennessee is home to a diverse array of industries, from healthcare in Nashville to manufacturing in Memphis. Seek internships or part-time positions with local companies to gain hands-on experience. According to the Tennessee Department of Economic and Community Development, the state has seen a 5% growth in job opportunities in business-related fields. This real-world exposure not only enhances your resume but also helps you build a professional network.
  • Leverage University Resources: Institutions like the University of Tennessee, Knoxville, and Vanderbilt University offer robust career services, mentorship programs, and networking events. Take advantage of these resources to connect with alumni and industry leaders. Studies show that students who actively engage with their university’s career services are 70% more likely to secure employment after graduation.
  • Participate in Student Organizations: Join business-related clubs or organizations on campus, such as the American Marketing Association or the Finance Club. These groups provide opportunities for leadership, teamwork, and skill development. Participation can also lead to valuable connections and insights into various business sectors, enhancing your overall educational experience.
  • Pursue Certifications and Workshops: Consider obtaining certifications relevant to your field, such as Project Management Professional (PMP) or Certified Business Analysis Professional (CBAP). Many universities in Tennessee offer workshops and courses that can help you prepare for these certifications. According to the Bureau of Labor Statistics, professionals with certifications earn 10-20% more than their non-certified counterparts.
  • Engage in Community Service: Volunteering for local nonprofits or community organizations can provide unique insights into business operations and social responsibility. Tennessee has a strong culture of community engagement, andparticipating in service projects can enhance your understanding of ethical business practices while expanding your network.
  • Utilize Online Learning Platforms: Supplement your education with online courses from platforms like Coursera or LinkedIn Learning. Many universities in Tennessee offer access to these resources, allowing you to explore topics outside your curriculum. This flexibility can help you stay ahead in a rapidly changing business landscape.
  • Attend Industry Conferences and Seminars: Keep an eye on events hosted by organizations like the Tennessee Chamber of Commerce or local business expos. Attending these events can provide you with insights into industry trends and challenges, as well as opportunities to meet potential employers. Networking at these events can often lead to internships or job offers.
  • Seek Mentorship: Establish relationships with professors or industry professionals who can provide guidance and support.
How does a Business degree influence career mobility and advancement in Tennessee?

A Business degree can significantly influence career mobility and advancement in Tennessee, offering a multitude of benefits that can propel your professional journey. Here’s how:

  • Increased Earning Potential: Graduates with a Business degree in Tennessee can expect higher salaries compared to those without a degree. According to the U.S. Bureau of Labor Statistics, individuals with a bachelor’s degree earn, on average, 66% more than those with only a high school diploma. In cities like Nashville and Memphis, where the job market is booming, this difference can be even more pronounced.
  • Diverse Career Opportunities: A Business degree opens doors to various industries, including finance, marketing, healthcare, and technology. Tennessee is home to major corporations like FedEx and HCA Healthcare, which actively seek graduates with strong business acumen. This versatility allows you to pivot between roles and industries as your career evolves.
  • Networking Opportunities: Attending a reputable institution such as the University of Tennessee or Vanderbilt University provides access to extensive alumni networks and industry connections. These relationships can lead to internships, job placements, and mentorship opportunities that are invaluable for career advancement.
  • Skill Development: Business programs emphasize critical thinking, leadership, and analytical skills. These competencies are highly sought after in the Tennessee job market, where employers prioritize candidates who can adapt to changing business environments and drive organizational success.
  • Local Economic Growth: Tennessee's economy is on the rise, with a projected job growth rate of 10.5% over the next decade. This growth translates into more job openings and advancement opportunities for business graduates. By earning your degree now, you position yourself to take advantage of this upward trend.
  • Professional Certifications: Many Business degree programs in Tennesseeoffer pathways to professional certifications, such as Certified Public Accountant (CPA) or Project Management Professional (PMP). These credentials can further enhance your employability and career trajectory, making you a more competitive candidate in the job market.
  • Flexibility and Online Options: Institutions like Middle Tennessee State University and the University of Memphis offer flexible online programs, allowing you to balance work and study. This flexibility can accelerate your career advancement while you gain practical experience in the field.
  • Entrepreneurial Opportunities: Tennessee has a vibrant entrepreneurial ecosystem, particularly in cities like Chattanooga and Knoxville.
How to prepare For the job market after completing a Business degree in Tennessee?
  • Leverage Internship Opportunities: Engage in internships while studying at institutions like the University of Tennessee or Vanderbilt University. These experiences not only enhance your resume but also provide invaluable networking opportunities. According to the National Association of Colleges and Employers, 70% of employers prefer candidates with internship experience.
  • Build a Professional Network: Attend local business events, workshops, and seminars in Tennessee. Join organizations such as the Tennessee Chamber of Commerce or local business associations. Networking can lead to job opportunities and mentorship, which are crucial in today’s competitive job market.
  • Develop Soft Skills: Employers increasingly value soft skills such as communication, teamwork, and problem-solving. Participate in group projects, student organizations, or volunteer work to hone these skills. A study by LinkedIn found that 92% of talent professionals believe soft skills are just as important, if not more so, than technical skills.
  • Utilize Career Services: Take full advantage of the career services offered by your university. They can assist with resume writing, interview preparation, and job placement. Institutions like Middle Tennessee State University have dedicated staff to help students transition into the workforce effectively.
  • Stay Informed About Industry Trends: Keep abreast of the latest trends in your field of interest. Subscribe to industry publications, follow relevant blogs, and participate in online forums. Understanding the current landscape will make you a more attractive candidate to potential employers.
  • Pursue Relevant Certifications: Consider obtaining certifications that complement your degree, such as Project Management Professional (PMP) or Certified Business Analysis Professional (CBAP). These credentials can set you apart in the job market and demonstrate your commitment to professional development.
  • Engage inContinuous Learning: The business world is ever-evolving. Enroll in workshops, online courses, or additional classes to expand your knowledge and skills. Platforms like Coursera and LinkedIn Learning offer courses tailored to business professionals, ensuring you remain competitive.
  • Tailor Your Job Search: Customize your resume and cover letter for each position you apply for. Highlight relevant experiences and skills that align with the job description. Research companies in Tennessee, such as FedEx or HCA Healthcare, to understand their culture and values, allowing you to present yourself as a perfect fit.
  • Practice Interview Techniques: Conduct mock interviews with peers or career counselors. Familiarize yourself with common interview questions and develop concise, impactful responses.

See What Experts Have To Say About Studying Business

Read our interview with Business experts

David W. Stewart

David W. Stewart

Business Expert

Emeritus President's Professor of Marketing

Loyola Marymount University

David Souder

David Souder

Business Expert

Senior Associate Dean for Faculty and Research

Univeristy of Connecticut

Ingrid S. Greene

Ingrid S. Greene

Business Expert

Clinical Assistant Professor of Management

Loyola Marymount University

Eric N. Smith

Eric N. Smith

Business Expert

Professor of Practice

Tulane University

Do you have any feedback for this article?

Related articles

10 Easiest Business Degrees for 2025 thumbnail
Degrees SEP 12, 2025

10 Easiest Business Degrees for 2025

by Imed Bouchrika, Phd
Best Business Schools in Michigan – 2025 Accredited Colleges & Programs thumbnail
Best Online Master’s in Public Policy Degree Programs for 2025 thumbnail
Degrees SEP 12, 2025

Best Online Master’s in Public Policy Degree Programs for 2025

by Imed Bouchrika, Phd
Public Policy Careers: 2025 Guide to Career Paths, Options & Salary thumbnail
Careers SEP 12, 2025

Public Policy Careers: 2025 Guide to Career Paths, Options & Salary

by Imed Bouchrika, Phd
Most Affordable Online Graphic Design Degrees for 2025 thumbnail
Degrees SEP 16, 2025

Most Affordable Online Graphic Design Degrees for 2025

by Imed Bouchrika, Phd
Best Online Master’s Degrees in Project Management Programs for 2025 thumbnail