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2023 Best Business Schools in Tennessee

$39,202 Average Earnings
$23,028 Avg Student Debt

There are so many business programs in today's world that it can tough to figure out which one is the right one for you. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Also, there are a number of trade schools and bootcamp with offerings that you might find attractive.

To help you arm yourself with the information you need to make your decision, Business Degree Central has developed this <nil> ranking.

View our full ranking methodology.

Top Business Schools in Tennessee

Learn more about these excellent schools below:

#1

Vanderbilt University

Nashville, Tennessee
$66,962 Average Earnings
$14,392 Avg Student Debt

Our rankings named Vanderbilt University the best school in Tennessee for business students working on their degree.

Degree recipients from Vanderbilt accumulate an average of $14,392 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $644. During the early years of their career, Vanderbilt graduates make an average of $66,962 annually.

Read full report on Vanderbilt University

$44,189 Average Earnings
$22,232 Avg Student Debt

You’ll join some of the best and brightest minds around you if you attend The University of Tennessee - Knoxville. The school came in at #2 on this year’s list.

Degree recipients from UT Knoxville accumulate an average of $22,232 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $325, assuming you are on a 10-year repayment plan. Once they receive their degree, UT Knoxville graduates enter the workforce, making an average salary of $44,189 during the early year of their career.

Full The University of Tennessee - Knoxville Report

#3

Rhodes College

Memphis, Tennessee
$32,356 Average Earnings

You’ll be in good company if you decide to attend Rhodes College. It ranked #3 on our list.

During the early years of their career, Rhodes College graduates make an average of $32,356 annually.

Read full report on Rhodes College

#4

Bryan College - Dayton

Dayton, Tennessee
$46,728 Average Earnings

Out of the 37 schools in Tennessee that were part of this year’s ranking, Bryan College - Dayton landed the # 4 spot on the list.

During the early years of their career, William Jennings Bryan College graduates make an average of $46,728 annually.

Read full report on Bryan College - Dayton

#5

Lipscomb University

Nashville, Tennessee
$47,759 Average Earnings
$26,213 Avg Student Debt

You’ll be in good company if you decide to attend Lipscomb University. It ranked #5 on our list.

By the time they get their degree, students from this school have racked up an average of $26,213 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $216.After graduating from Lipscomb, students go on to jobs where they make an average of $47,759 during the early years of their career.

Read full report on Lipscomb University

#6

Belmont University

Nashville, Tennessee
$43,927 Average Earnings
$22,196 Avg Student Debt

Belmont University ranked #6 on this year’s list.

By the time they get their degree, students from this school have racked up an average of $22,196 in student loans. Those who take out this much in loans have to make a monthly payment of about $824 if they are on a 10-year repayment plan. During the early years of their career, Belmont graduates make an average of $43,927 annually.

Full Belmont University Report

$46,162 Average Earnings
$25,246 Avg Student Debt

The University of Tennessee - Chattanooga landed the #7 spot in the rankings for the best business programs.

On average, students take out $25,246 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $162, assuming you are on a 10-year repayment plan.After graduating from UT Chattanooga, students go on to jobs where they make an average of $46,162 during the early years of their career.

Full The University of Tennessee - Chattanooga Report

#8

Union University

Jackson, Tennessee
$57,821 Average Earnings
$32,879 Avg Student Debt

Union University ranked #8 on this year’s list.

Degree recipients from Union accumulate an average of $32,879 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $477, assuming you are on a 10-year repayment plan.After graduating from Union, students go on to jobs where they make an average of $57,821 during the early years of their career.

Read More…

#9

Tennessee Technological University

Cookeville, Tennessee
$40,563 Average Earnings
$19,943 Avg Student Debt

Tennessee Technological University did quite well in this year’s ranking of the best places for business students. It came in at #9 on the list.

Degree recipients from Tennessee Tech University accumulate an average of $19,943 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $103 if they are on a 10-year repayment plan. Once they receive their degree, Tennessee Tech University graduates enter the workforce, making an average salary of $40,563 during the early year of their career.

Full Tennessee Technological University Report

#10

University of Memphis

Memphis, Tennessee
$41,884 Average Earnings
$28,159 Avg Student Debt

University of Memphis came in at #10 in this year’s edition of the ranking.

By the time they get their degree, students from this school have racked up an average of $28,159 in student loans. Those who take out this much in loans have to make a monthly payment of about $147 if they are on a 10-year repayment plan. During the early years of their career, UofM graduates make an average of $41,884 annually.

Read full report on University of Memphis

#11

King University

Bristol, Tennessee
$40,581 Average Earnings
$29,018 Avg Student Debt

With a ranking of #11, King University did quite well on this year’s best schools for business students working.

On average, students take out $29,018 in loans while pursuing their degree. Once they receive their degree, King graduates enter the workforce, making an average salary of $40,581 during the early year of their career.

Full King University Report

#12

Middle Tennessee State University

Murfreesboro, Tennessee
$38,675 Average Earnings
$24,342 Avg Student Debt

With a ranking of #12, Middle Tennessee State University did quite well on this year’s best schools for business students working.

On average, students take out $24,342 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $144. During the early years of their career, Middle Tennessee State University graduates make an average of $38,675 annually.

Read full report on Middle Tennessee State University

#13

Bethel University

McKenzie, Tennessee
$57,444 Average Earnings
$33,108 Avg Student Debt

With a ranking of #13, Bethel University did quite well on this year’s best schools for business students working.

On average, students take out $33,108 in loans while pursuing their degree. During the early years of their career, Bethel graduates make an average of $57,444 annually.

Full Bethel University Report

$35,647 Average Earnings
$24,559 Avg Student Debt

The University of Tennessee - Martin ranked #14 on this year’s list.

By the time they get their degree, students from this school have racked up an average of $24,559 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $149, assuming you are on a 10-year repayment plan. Once they receive their degree, UT Martin graduates enter the workforce, making an average salary of $35,647 during the early year of their career.

Read full report on The University of Tennessee - Martin

#15

Trevecca Nazarene University

Nashville, Tennessee
$46,373 Average Earnings
$26,746 Avg Student Debt

With a ranking of #15, Trevecca Nazarene University did quite well on this year’s best schools for business students working.

On average, students take out $26,746 in loans while pursuing their degree. Once they receive their degree, TNU graduates enter the workforce, making an average salary of $46,373 during the early year of their career.

Full Trevecca Nazarene University Report

#16

Tennessee Wesleyan University

Athens, Tennessee
$38,842 Average Earnings
$28,365 Avg Student Debt

Tennessee Wesleyan University ranked #16 on this year’s list.

By the time they get their degree, students from this school have racked up an average of $28,365 in student loans. During the early years of their career, TWU graduates make an average of $38,842 annually.

Full Tennessee Wesleyan University Report

#17

Cleveland State Community College

Cleveland, Tennessee
$32,755 Average Earnings
$14,700 Avg Student Debt

Cleveland State Community College landed the #17 spot in the rankings for the best business programs.

On average, students take out $14,700 in loans while pursuing their degree.After graduating from Cleveland State Community College, students go on to jobs where they make an average of $32,755 during the early years of their career.

Full Cleveland State Community College Report

#18

Cumberland University

Lebanon, Tennessee
$41,113 Average Earnings
$19,639 Avg Student Debt

Cumberland University ranked #18 on this year’s list.

On average, students take out $19,639 in loans while pursuing their degree. Once they receive their degree, CU graduates enter the workforce, making an average salary of $41,113 during the early year of their career.

Full Cumberland University Report

#19

Lee University

Cleveland, Tennessee
$32,791 Average Earnings
$26,373 Avg Student Debt

Lee University came in at #19 in this year’s edition of the ranking.

By the time they get their degree, students from this school have racked up an average of $26,373 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $260.After graduating from Lee University, students go on to jobs where they make an average of $32,791 during the early years of their career.

Read full report on Lee University

#20

Roane State Community College

Harriman, Tennessee
$35,143 Average Earnings
$14,041 Avg Student Debt

Roane State Community College came in at #20 in this year’s edition of the ranking.

On average, students take out $14,041 in loans while pursuing their degree. Once they receive their degree, Roane State Community College graduates enter the workforce, making an average salary of $35,143 during the early year of their career.

Read full report on Roane State Community College

#21

Christian Brothers University

Memphis, Tennessee
$53,446 Average Earnings
$34,104 Avg Student Debt

Christian Brothers University ranked #21 on this year’s list.

Degree recipients from Christian Brothers accumulate an average of $34,104 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $199 if they are on a 10-year repayment plan. Once they receive their degree, Christian Brothers graduates enter the workforce, making an average salary of $53,446 during the early year of their career.

Read full report on Christian Brothers University

#22

Carson - Newman University

Jefferson City, Tennessee
$41,134 Average Earnings
$23,992 Avg Student Debt

Carson - Newman University landed the #22 spot in the rankings for the best business programs.

On average, students take out $23,992 in loans while pursuing their degree. Once they receive their degree, Carson - Newman graduates enter the workforce, making an average salary of $41,134 during the early year of their career.

Full Carson - Newman University Report

#23

Maryville College

Maryville, Tennessee
$32,087 Average Earnings

With a ranking of #23, Maryville College did quite well on this year’s best schools for business students working.

Once they receive their degree, Maryville College graduates enter the workforce, making an average salary of $32,087 during the early year of their career.

Full Maryville College Report

#24

Tennessee State University

Nashville, Tennessee
$41,944 Average Earnings
$30,529 Avg Student Debt

Tennessee State University did quite well in this year’s ranking of the best places for business students. It came in at #24 on the list.

Degree recipients from Tennessee State University accumulate an average of $30,529 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $203. Once they receive their degree, Tennessee State University graduates enter the workforce, making an average salary of $41,944 during the early year of their career.

Read full report on Tennessee State University

#25

Freed-Hardeman University

Henderson, Tennessee
$33,293 Average Earnings
$22,617 Avg Student Debt

Freed-Hardeman University did quite well in this year’s ranking of the best places for business students. It came in at #25 on the list.

By the time they get their degree, students from this school have racked up an average of $22,617 in student loans. During the early years of their career, FHU graduates make an average of $33,293 annually.

Read full report on Freed-Hardeman University

Notes and References

Footnotes

*These averages are for the top 25 schools only.

References

  • Read more about our ranking methodology.
  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

More about our data sources and methodologies.

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