Tuition, Fees & 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 Tuition Total & Fees per Course
- How Much Will My MBA Cost?
- Financial Aid & Scholarships
- On-Campus Employment for Students
NOTE: tuition and fees are subject to change and prices bellow are all in US dollars.
General Information & Resources
- To find the most up-to-date information about tuition and fees, please visit the University & Student Business Services (USBS) 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.
- The rates described below apply to students who take 10 hours or less per semester. For rates applicable to more than 10 hours, USBS website.
Tuition Rates
Tuition rates depend on student classification for fee payment purposes.
*UM Global students take all courses online.
| Student Classification | Tuition per Credit Hour* |
|---|---|
| In-State / UM Global Students | $646 |
| Out-of-State Students | $880 |
| International Students | $1,114 |
Fees
Aside from tuition, all MBA students must pay a Business course fee for each credit
hour of course work.
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.
| Type of Fee | Total per Credit Hour* |
|---|---|
| Business Course Fee | $35 |
Estimating Tuition Total & 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 (1 course = 3 credit hours). Rates may change for students who take more than 10 hours in a given semester.
| Payment Category | In-State & UM Global Students |
Out-of-State Students |
International Students |
|---|---|---|---|
| Tuition ($646 x 3 credit hours) |
$1,938 | $2,640 | $3,346 |
| Business Course Fee ($35 x 3 credit hours) |
$105 | $105 | $105 |
| TOTAL COST PER COURSE | $2,043 | $2,745 | $3,447 |
For the most up-to-date information, please visit the University & Student Business Services (USBS) website.
How Much Will My MBA Cost?
The total cost for your MBA will depend on the students classification and how many
courses are taken.
Example: Cost per Course x # of courses = Total Cost for MBA
- 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.
| Student Classification | MBA with Concentration | MBA without Concentration |
|---|---|---|
| In-State / UM Global Students | $2,043 x 14 = $26,602 | $2,043 x 12 = $24,516 |
| Out-of-State Students | $2,745 x 14 = $38,430 | $2,745 x 12 = $32,940 |
| International Students | $3,447 x 14 = $48,258 | $3,447 x 12 = $41,463 |
If you need help, please do not hesitate to email us at online-mba@memphis.edu.
Financial Aid & Scholarships
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 and should visit the International Students Services (ISS) website to find more information.
TigerLink
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.