The University of Memphis has a wide variety of cooperative arrangements that advance the university’s educational goals. These include exchange agreements with international and U.S. institutions, clinical and field experience placements for course credit, student internship programs, and cooperative education placements.
Exchange agreements with international institutions are initiated by the director of international programs in collaboration with the provost. Contracts are approved by the provost and legal counsel before being signed by the president of the university.  Credit earned through these opportunities is subject to prior approval and considered for transfer credit on a course-by-course evaluation. 
Grades for internships, clinical practicums, practice teaching, and similar arrangements are issued by the instructor of record, who is, in all instances, a member of the UofM faculty.
The University of Memphis does not participate in any contractual credit courses, degrees, or certificate programs that involve the granting of academic credit by other institutions or organizations. However, the university participates in two consortial relationships that advance the university’s educational goals. For these agreements, the university employs a review process or guidelines to ensure program quality, compliance with comprehensive requirements, and conformity to the university’s mission. The two consortial relationships are:
Joint Graduate Program in Biomedical Engineering
The UofM collaborates with the University of Tennessee Health Science Center to offer a Joint Graduate Program in Biomedical Engineering.  The program, which was approved by the Tennessee Higher Education Commission,  operates with review by the graduate school of each institution, by the pertinent overarching unit (at UofM, Herff College of Engineering), and by department-like, shared committees for the Joint Program. 
Affiliation with the Gulf Coast Research Laboratory
The Department of Biology has an affiliation  with the Gulf Coast Research Laboratory (GCRL) at Ocean Springs, Mississippi, along with over 60 other universities and colleges. The University of Southern Mississippi administers the GCRL. As part of the affiliation agreement, the UofM lists the courses that are taught by personnel at the GCRL in the undergraduate  and graduate  catalogs. Institutional affiliation allows students at the UofM to enroll at the GCRL for summer courses without paying out-of-state fees.