Tuition, Fees and Financial Aid
The Professional MBA Program at the Fogelman College of Business & Economics is exceptionally price competitive. On this page, you will find the following information:
- Resources
- Tuition Rates
- Fees
- Estimating Total Cost per Course
- Financial Aid and Scholarships
- On-Campus Employment for Students
General Information and Resources
- To find the most up-to-date information about tuition and fees, please visit the University & Student Business Services website.
- To estimate your tuition and fee payments, please visit the University of Memphis Tuition Calculator.
- To find which tuition rates are applicable to you, please read the Guidelines for Classification of Students for Fee Paying Purposes.
Note: All students who take online classes only are eligible for enrollment in UM Global, which guarantees in-state tuition rates. To learn more about UM Global, please visit the UM Global website.
- Please note that tuition and fees are subject to change.
- The rates described below apply to students who take 10 hours or less per semester. For rates applicable to more than 10 hours, please visit the University & Student Business Services website.
Tuition Rates
| Student Classification |
Tuition US$ per credit hour |
| In-State / UM Global |
$623 |
| Out-of-State | $846 |
| International | $1,069 |
Fees
Aside from tuition, all MBA students must pay a Business course fee for each credit hour of course work.
| Type of Fee | US$ per credit hour |
| Business course fee | $35 |
Business Course fees are used to support the program in various ways and apply to all graduate courses taken at the Fogelman College, including online courses.
Estimating Total Tuition and Fees per Course
We provide an estimate of the total cost of taking any MBA course, depending on student classification. Each MBA course requires 3 credit hours of coursework (see curriculum requirements).
The tables below show the total cost per course in US dollars.
| Payment Category |
In-State & UM Global Students |
Out-of-State Students |
Inter-national Students |
| Tuition | $1,869 | $2,538 | $3,207 |
| Business Course Fee | $105 | $105 | $105 |
| Total cost | $1,974 | $2,643 | $3,312 |
How much will my MBA cost?
The total cost for your MBA will depend on how many courses you take:
- MBA with Concentration: 14 courses.
- MBA without Concentration: 12 courses.
- Dual Degree: if you are enrolled in a dual degree, you may need to take fewer courses. Please visit our Dual Degree page for more details.
Click on your fee-payment category below for an estimate:
In-State Students
Total Cost = US$ 1,974 x # of courses taken
For example:
If you do not complete a concentration, your total cost will be
US$ 1,974 x 12 = US$ 23,688
Out-of-State Students
Total Cost = US$ 2,643 x total # of courses taken
For example:
If you do not complete a concentration, your total cost will be:
US$ 2,643 x 12 = US$ 31,716
International Students
Total Cost = US$ 3,312 x total # of courses taken
For example:
If you do not complete a concentration, your total cost will be:
US$ 3,312 x 12 = US$ 39,744
If you need help, please do not hesitate to email us at professional-mba@memphis.edu.
Financial Aid and Scholarships
- For information about financial aid, please visit the Student Financial Aid Office website.
- For scholarships available to on-campus students, please visit the FCBE Scholarship website.
- For scholarships available to international students, please visit the International Student Services Office.
On-Campus Employment for Students
The MBA program does not offer graduate assistantships, but you may find on-campus employment using the resources below.
If you are an international student, you will need to fulfill certain conditions. Please visit the International Students Services Website to find more information.
Tiger Link
There may be campus-wide employment opportunities or assistantships available that you can access using TigerLink. This includes work that is done for the university, or for commercial firms operating on campus (such as Starbucks).
UMRF Ventures
The UMRF Ventures is a company affiliated with the University of Memphis, that provides part-time on-campus jobs for University of Memphis students.
UMRF Ventures works with partner companies, develops customized service companies that employ UofM students, and establishes a talent pipeline for those partners to hire UofM students when they graduate.