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Highlighting Quality Schools With More Affordable Prices

$17,618 Avg Tuition & Fees*

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. Alternatively, you may choose a trade school or bootcamp that prepares you to enter the workforce with knowledge in a specific field.

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

When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.

Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. For statewide rankings, we use average in-state tuition and fees.

Top Value Business Master's Degree Schools in Tennessee

Learn more about these excellent schools below:

#1

Bryan College - Dayton

Dayton, Tennessee
59 Total Awards
#4 in Quality in Tennessee
$9,760 Average Tuition & Fees

Our rankings named Bryan College - Dayton the best value school in Tennessee for business students working on their master’s degree. William Jennings Bryan College is a small private not-for-profit school situated in Dayton, Tennessee. It awarded 59 master’s degrees in 2020-2021.

William Jennings Bryan College graduate students pay an average of $9,760 in tuition and fees each year.

If you are interested in distance education, William Jennings Bryan College is an excellent choice, since graduate classes are offered online.

In addition to its best value ranking, and one of the reasons why the school is on the list, William Jennings Bryan College is ranked #4 for overall quality in Tennessee.

Full Bryan College - Dayton Report

#2

Cumberland University

Lebanon, Tennessee
59 Total Awards
#15 in Quality in Tennessee
$7,500 Average Tuition & Fees

The excellent master’s degree programs at Cumberland University helped the school earn the #2 place on this year’s ranking of the best value business schools in Tennessee. Cumberland University is a small private not-for-profit school located in Lebanon, Tennessee that handed out 59 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at CU are $7,500 a year.

CU does offer online graduate classes for certain degree levels. During the 2019-2020 year, about 15% of the graduate students at the school took at least one online course.

Full Cumberland University Report

398 Total Awards
#3 in Quality in Tennessee
$31,798 Average Tuition & Fees

The excellent master’s degree programs at The University of Tennessee - Knoxville helped the school earn the #3 place on this year’s ranking of the best value business schools in Tennessee. Located in Knoxville, Tennessee, the large public school handed out 398 master’s degree awards in 2020-2021.

UT Knoxville graduate students pay an average of $31,798 in tuition and fees each year.

One thing to take note of is that UT Knoxville does offer online graduate classes in some areas. During the 2019-2020 year, about 36% of the graduate students at the school took at least one online course.

UT Knoxville also took the #3 spot in our rankings.

Read More…

115 Total Awards
#7 in Quality in Tennessee
$18,538 Average Tuition & Fees

The excellent master’s degree programs at The University of Tennessee - Chattanooga helped the school earn the #4 place on this year’s ranking of the best value business schools in Tennessee. Located in Chattanooga, Tennessee, the fairly large public school handed out 115 master’s degree awards in 2020-2021.

Out-of-state tuition fees for graduate students at UT Chattanooga are $18,538 per year.

UT Chattanooga does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In 2019-2020 about 60% of the graduate students at the school chose to take one or more online courses.

Read More…

#5

Middle Tennessee State University

Murfreesboro, Tennessee
143 Total Awards
#10 in Quality in Tennessee
$27,432 Average Tuition & Fees

You’ll be in good company if you decide to attend Middle Tennessee State University. It ranked #5 on our list. Middle Tennessee State University is a public institution located in Murfreesboro, Tennessee. The school has a large population, and it awarded 143 master’s degrees in 2020-2021.

Middle Tennessee State University graduate students pay an average of $27,432 in tuition and fees each year.

Online graduate courses are available at Middle Tennessee State University, but you will need to check with the school to see if they are available for your field of interest. In 2019-2020 about 57% of the graduate students at the school chose to take one or more online courses.

Read full report on Middle Tennessee State University

#6

Tusculum University

Greeneville, Tennessee
98 Total Awards
$7,200 Average Tuition & Fees

Tusculum University ranked #6 on this year’s list. Located in Greeneville, Tennessee, the small private not-for-profit school handed out 98 master’s degree awards in 2020-2021.

Out-of-state tuition fees for graduate students at Tusculum are $7,200 per year.

Tusculum does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 71% took at least some of their classes online.

Full Tusculum University Report

#7

Union University

Jackson, Tennessee
76 Total Awards
#8 in Quality in Tennessee
$11,666 Average Tuition & Fees

Union University came in at #7 in this year’s edition of the ranking. Located in Jackson, Tennessee, the small private not-for-profit school awarded 76 diplomas to qualifed master’s degree students in 2020-2021.

Union graduate students pay an average of $11,666 in tuition and fees each year.

Some students may be able to take online graduate classes at Union. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 70% took at least some of their classes online.

Read full report on Union University

#8

University of Memphis

Memphis, Tennessee
195 Total Awards
#12 in Quality in Tennessee
$14,544 Average Tuition & Fees

University of Memphis landed the #8 spot in the rankings for the best value master’s degree business programs. UofM is located in Memphis, Tennessee and has a large student population. In 2020-2021, this school awarded 195 master’s degrees to qualified students.

The average tuition and fees for an out-of-state graduate students at UofM are $14,544 a year.

You may have the opportunity to take online graduate classes at UofM. During the 2019-2020 year, about 58% of the graduate students at the school took at least one online course.

Full University of Memphis Report

#9

Tennessee Technological University

Cookeville, Tennessee
106 Total Awards
#9 in Quality in Tennessee
$20,702 Average Tuition & Fees

Tennessee Technological University ranked #9 on this year’s list. Located in Cookeville, Tennessee, the medium-sized public school handed out 106 master’s degree awards in 2020-2021.

Out-of-state tuition fees for graduate students at Tennessee Tech University are $20,702 per year.

Some students may be able to take online graduate classes at Tennessee Tech University. During the 2019-2020 year, about 80% of the graduate students at the school took at least one online course.

Read full report on Tennessee Technological University

#10

Carson - Newman University

Jefferson City, Tennessee
85 Total Awards
#21 in Quality in Tennessee
$9,632 Average Tuition & Fees

With a ranking of #10, Carson - Newman University did quite well on this year’s best value schools for business students working on their master’s degree. Located in Jefferson City, Tennessee, the small private not-for-profit school handed out 85 master’s degree awards in 2020-2021.

Out-of-state tuition fees for graduate students at Carson - Newman are $9,632 per year.

Depending on your major, you may be able to take online graduate classes at Carson - Newman. In fact, around 85% of the graduate population registered for at least one online class in 2019-2020.

Read More…

#11

Trevecca Nazarene University

Nashville, Tennessee
233 Total Awards
#14 in Quality in Tennessee
$11,585 Average Tuition & Fees

With a ranking of #11, Trevecca Nazarene University did quite well on this year’s best value schools for business students working on their master’s degree. Located in Nashville, Tennessee, the small private not-for-profit school awarded 233 diplomas to qualifed master’s degree students in 2020-2021.

The average tuition and fees for an out-of-state graduate students at TNU are $11,585 a year.

TNU does offer online graduate classes for certain degree levels. In 2019-2020 about 66% of the graduate students at the school chose to take one or more online courses.

Read More…

#12

Milligan University

Milligan College, Tennessee
28 Total Awards
#22 in Quality in Tennessee
$9,796 Average Tuition & Fees

Milligan University landed the #12 spot in the rankings for the best value master’s degree business programs. Milligan University is a small private not-for-profit school located in Milligan College, Tennessee that handed out 28 master’s degrees in 2020-2021.

Milligan graduate students pay an average of $9,796 in tuition and fees each year.

Depending on your major, you may be able to take online graduate classes at Milligan. In fact, around 16% of the graduate population registered for at least one online class in 2019-2020.

Full Milligan University Report

#13

Martin Methodist College

Pulaski, Tennessee
12 Total Awards
#25 in Quality in Tennessee
$8,910 Average Tuition & Fees

Martin Methodist College did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #13 on the list. Located in Pulaski, Tennessee, the very small private not-for-profit school handed out 12 master’s degree awards in 2020-2021.

Martin Methodist graduate students pay an average of $8,910 in tuition and fees each year.

Martin Methodist does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. To give an idea of how popular online courses are at the school, 29% of graduates took at least one course online in 2019-2020.

Read More…

57 Total Awards
#17 in Quality in Tennessee
$16,838 Average Tuition & Fees

With a ranking of #14, The University of Tennessee - Martin did quite well on this year’s best value schools for business students working on their master’s degree. Martin, Tennessee is the setting for this medium-sized institution of higher learning. The public school handed out master’s degrees to 57 students in 2020-2021.

The average tuition and fees for an out-of-state graduate students at UT Martin are $16,838 a year.

Some students may be able to take online graduate classes at UT Martin. In 2019-2020 about 95% of the graduate students at the school chose to take one or more online courses.

Read More…

#15

Freed-Hardeman University

Henderson, Tennessee
34 Total Awards
#18 in Quality in Tennessee
$10,980 Average Tuition & Fees

Freed-Hardeman University came in at #15 in this year’s edition of the ranking. Henderson, Tennessee is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 34 students in 2020-2021.

Out-of-state tuition fees for graduate students at FHU are $10,980 per year.

You may have the opportunity to take online graduate classes at FHU. In 2019-2020 about 87% of the graduate students at the school chose to take one or more online courses.

Read More…

#16

King University

Bristol, Tennessee
101 Total Awards
#11 in Quality in Tennessee
$14,207 Average Tuition & Fees

King University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #16 on the list. Bristol, Tennessee is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 101 students in 2020-2021.

Out-of-state tuition fees for graduate students at King are $14,207 per year.

Online graduate courses are available at King, but you will need to check with the school to see if they are available for your field of interest. In 2019-2020 about 84% of the graduate students at the school chose to take one or more online courses.

Full King University Report

#17

Southern Adventist University

Collegedale, Tennessee
11 Total Awards
#19 in Quality in Tennessee
$11,880 Average Tuition & Fees

Southern Adventist University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #17 on the list. Located in Collegedale, Tennessee, the small private not-for-profit school handed out 11 master’s degree awards in 2020-2021.

Out-of-state tuition fees for graduate students at Southern Adventist are $11,880 per year.

Some students may be able to take online graduate classes at Southern Adventist. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 71% took at least some of their classes online.

Read full report on Southern Adventist University

#18

East Tennessee State University

Johnson City, Tennessee
98 Total Awards
#24 in Quality in Tennessee
$25,856 Average Tuition & Fees

East Tennessee State University landed the #18 spot in the rankings for the best value master’s degree business programs. ETSU is located in Johnson City, Tennessee and has a fairly large student population. In 2020-2021, this school awarded 98 master’s degrees to qualified students.

The average tuition and fees for an out-of-state graduate students at ETSU are $25,856 a year.

ETSU does offer online graduate classes for certain degree levels. To give an idea of how popular online courses are at the school, 49% of graduates took at least one course online in 2019-2020.

Read More…

#19

Lipscomb University

Nashville, Tennessee
100 Total Awards
#6 in Quality in Tennessee
$17,100 Average Tuition & Fees

Lipscomb University came in at #19 in this year’s edition of the ranking. This small private not-for-profit school is located in Nashville, Tennessee, and it awarded 100 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Lipscomb are $17,100 per year.

Lipscomb does offer online graduate classes for certain degree levels. In 2019-2020 about 31% of the graduate students at the school chose to take one or more online courses.

In addition to its great value ranking, Lipscomb is in the top 20% of all schools on our list.

Read More…

#20

Christian Brothers University

Memphis, Tennessee
49 Total Awards
#16 in Quality in Tennessee
$13,463 Average Tuition & Fees

Christian Brothers University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #20 on the list. Located in Memphis, Tennessee, the small private not-for-profit school handed out 49 master’s degree awards in 2020-2021.

Out-of-state tuition fees for graduate students at Christian Brothers are $13,463 per year.

One thing to take note of is that Christian Brothers does offer online graduate classes in some areas. In 2019-2020 about 55% of the graduate students at the school chose to take one or more online courses.

Full Christian Brothers University Report

#21

Tennessee State University

Nashville, Tennessee
47 Total Awards
$22,836 Average Tuition & Fees

Tennessee State University ranked #21 on this year’s list. Tennessee State University is a public institution located in Nashville, Tennessee. The school has a medium-sized population, and it awarded 47 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Tennessee State University are $22,836 a year.

If you are interested in distance education, be sure to check with the school since Tennessee State University does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 41% took at least some of their classes online.

Read More…

#22

Bethel University

McKenzie, Tennessee
96 Total Awards
$11,723 Average Tuition & Fees

With a ranking of #22, Bethel University did quite well on this year’s best value schools for business students working on their master’s degree. McKenzie, Tennessee is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 96 students in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Bethel are $11,723 a year.

If you are interested in distance education, be sure to check with the school since Bethel does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 82% took at least some of their classes online.

Full Bethel University Report

#23

Belmont University

Nashville, Tennessee
121 Total Awards
#5 in Quality in Tennessee
$25,180 Average Tuition & Fees

Belmont University landed the #23 spot in the rankings for the best value master’s degree business programs. Belmont is located in Nashville, Tennessee and has a medium-sized student population. In 2020-2021, this school awarded 121 master’s degrees to qualified students.

The average tuition and fees for an out-of-state graduate students at Belmont are $25,180 a year.

One thing to take note of is that Belmont does offer online graduate classes in some areas. To give an idea of how popular online courses are at the school, 37% of graduates took at least one course online in 2019-2020.

In addition to its best value ranking, and one of the reasons why the school is on the list, Belmont is ranked #5 for overall quality in Tennessee.

Full Belmont University Report

#24

Austin Peay State University

Clarksville, Tennessee
21 Total Awards
$14,827 Average Tuition & Fees

With a ranking of #24, Austin Peay State University did quite well on this year’s best value schools for business students working on their master’s degree. Austin Peay State University is a medium-sized public school located in Clarksville, Tennessee that handed out 21 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Austin Peay State University are $14,827 per year.

Depending on your major, you may be able to take online graduate classes at Austin Peay State University. During the 2019-2020 year, about 85% of the graduate students at the school took at least one online course.

Full Austin Peay State University Report

#25

Lee University

Cleveland, Tennessee
42 Total Awards
#23 in Quality in Tennessee
$15,050 Average Tuition & Fees

Lee University landed the #25 spot in the rankings for the best value master’s degree business programs. This small private not-for-profit school is located in Cleveland, Tennessee, and it awarded 42 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Lee University are $15,050 a year.

Lee University does offer online graduate classes for certain degree levels. In 2019-2020 about 25% of the graduate students at the school chose to take one or more online courses.

Read More…

Notes and References

Footnotes

*These averages are for the top 25 schools only.

References

  • 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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