MBA Schools in Nashville, TN | Compare Programs (2027)
Updated September 5, 202618 min read

MBA Schools in Nashville, TN: Compare Costs, ROI & Formats

Data-driven rankings of Nashville MBA programs with tuition, salary outcomes, accreditation, and format details to guide your investment.

What you’ll learn in this article…

  • Nashville MBA tuition ranges from about $10,500 to nearly $58,000 total.
  • Vanderbilt Owen commands a premium but delivers top median earnings.
  • Healthcare, finance, and tech employers cluster within one commuting radius.

Nashville's economy is anchored by healthcare: HCA Healthcare and Community Health Systems both run national operations from the metro, and that demand spills into finance, tech, and logistics. Metro GDP has outpaced the U.S. average for much of the past decade, so an MBA here is a bet on a labor market already competing for management talent.

That market does not require one format. Vanderbilt's elite full-time Owen MBA sits alongside affordable online, part-time, and executive programs, with tuition from under $15,000 to more than $120,000. The real choice is income and debt: keep working through a flexible program, or pause earnings for a higher-touch network and national brand.

Jump straight to the program list →

Nashville's Employer Landscape: Why Local MBAs Have a Built-In Advantage

In Nashville, a hospital system's C-suite and a fintech firm's trading floor sit inside the same commuting radius; that overlap is why an MBA earned here carries local weight.

Healthcare Management Capital

Nashville has long branded itself the healthcare management capital of the country, and the numbers back it up. Vanderbilt University Medical Center employs more than 28,000 people locally, HCA Healthcare (headquartered here) accounts for roughly 10,500, and Ascension Saint Thomas adds another 6,200 across its hospital network.5 Community Health Systems, Envision Healthcare, and Ardent Health round out a cluster of publicly traded healthcare companies that recruit MBA-trained operators for finance, strategy, and revenue-cycle roles. Education and health services employment sat near 187,900 jobs as of April 2026, with growth estimates ranging from roughly 1.4% to 1.6% year over year depending on the source, a pace that has held up even as national hiring cools.1

Finance, Tech, and Consulting Add Depth

AllianceBernstein's 2019 relocation of its headquarters to Nashville brought hundreds of finance jobs and signaled that the city's ambitions extend beyond hospitals.2 Bridgestone Americas, Dollar General, and Deloitte all maintain significant Nashville operations, and consulting firms like PwC, EY, KPMG, and Accenture staff healthcare and financial advisory practices locally. On the tech side, Amazon's operations hub employs more than 13,200 workers across Greater Nashville, Oracle is building a campus, and Asurion is headquartered in the city.2 Venture funding reached roughly $1.8 billion across 210 deals in 2025, with healthcare accounting for close to 40% of that activity.3

Built-In Pipelines and Commuter Reach

Vanderbilt Owen and Belmont's business schools both lean into this landscape, cultivating relationships with area healthcare systems and financial firms that translate into internships and case competitions. For professionals outside city limits, commuting distance rarely rules out a Nashville MBA: Murfreesboro, Franklin, Clarksville, and Cookeville all fall within reach, and UT Haslam even offers Nashville-format programming for students who'd rather not relocate to Knoxville.

Online, Part-Time, and Executive MBA Options in Nashville

For the vast majority of Nashville professionals, the realistic MBA path is not a two-year full-time program: it is online, part-time, or executive. Nashville's employer base rewards people who keep working while they credential up, and the local program mix reflects that.

Online MBAs Based In and Around Nashville

Several Nashville-area schools offer fully online MBAs aimed at working professionals:

  • Trevecca Nazarene University (Nashville): 10-month online MBA with eight concentrations, cohort-based, roughly $22,500 total program tuition at $750 per credit.
  • Tennessee State University (Nashville): AACSB-accredited MBA with an online-friendly delivery, 36 credit hours, and one of the lower published in-state tuition figures in the region.
  • Middle Tennessee State University (Murfreesboro): Online MBA with concentrations like Healthcare Management, AACSB institution, GMAT/GRE waiver possible.
  • UT Chattanooga and UT Martin: Both AACSB-accredited online options that Nashville residents commonly pick when they want a University of Tennessee credential without relocating.

The UT Haslam Nashville Professional MBA

Many prospects overlook that the University of Tennessee's Haslam College of Business runs a Professional MBA with classes held in Nashville, not just Knoxville. If you want a flagship state-university brand and in-person cohort experience without leaving Middle Tennessee, this is the option most searches miss.

Part-Time and Executive Formats

Belmont University offers an evening/late-afternoon MBA on its Nashville campus, structured so healthcare and corporate professionals can attend after work. Vanderbilt Owen runs an Executive MBA designed for senior managers with significant experience, meeting on alternating weekends. Bethel University's online Executive MBA is a lower-cost alternative aimed at experienced managers, with no GRE required.

Cost, Time, and Network Tradeoffs

  • Online MBAs: Typically $15K to $40K total, 12 to 24 months, lightest networking but maximum schedule flexibility.
  • Part-time evening MBAs: Moderate to higher cost (Belmont's Healthcare MBA runs about $69K total), 2 to 3 years, strong local Nashville network.
  • Executive MBAs: Highest sticker price, 17 to 24 months, cohort of senior peers and the strongest employer-facing signal.

One filter to apply before you shortlist any online program: AACSB accreditation. It is the standard employers and doctoral programs recognize, and it separates serious online MBAs from the rest. Accreditation is covered in depth later.

Tuition and Cost Comparison Across Nashville MBA Programs

Tuition for MBA programs accessible to Nashville students ranges from roughly $10,500 to nearly $58,000 for total program costs, depending on whether you choose a public university, a private institution, or an elite research university. The table below compares estimated tuition figures across Tennessee schools that serve the Nashville market, including both in-state and out-of-state rates where applicable. All figures are drawn from institutional data reported to the U.S. Department of Education.

SchoolLocationTypeFormatEst. In-State TuitionEst. Out-of-State TuitionAccreditation
Austin Peay State UniversityClarksville, TNPublicOnline$10,518$15,702
Tennessee State UniversityNashville, TNPublicOn Campus$11,188$23,808AACSB
UT ChattanoogaChattanooga, TNPublicOnline$11,110$19,174AACSB
Middle Tennessee State UniversityMurfreesboro, TNPublicOnline$11,718$29,700AACSB
East Tennessee State UniversityJohnson City, TNPublicOnline$11,366$26,486AACSB
UT MartinMartin, TNPublicOnline$11,916$12,978AACSB
University of MemphisMemphis, TNPublicHybrid$11,628$15,840
Trevecca Nazarene UniversityNashville, TNPrivateOnline$10,537$10,537
Bethel UniversityMcKenzie, TNPrivateOnline$15,525$15,525
Carson-Newman UniversityJefferson City, TNPrivateOnline$14,355$14,355
Tennessee Wesleyan UniversityAthens, TNPrivateOnline$17,750$17,750
Bryan CollegeDayton, TNPrivateOnline$10,910$10,910
Belmont UniversityNashville, TNPrivateOn Campus$27,810$27,810AACSB
Union UniversityJackson, TNPrivateOnline$14,419$14,419
Lincoln Memorial UniversityHarrogate, TNPrivateOnline$22,154$22,154ACBSP
King UniversityBristol, TNPrivateOnline$16,073$16,073
Johnson UniversityKnoxville, TNPrivateOnline$8,305$8,305
South CollegeKnoxville, TNPrivateOnline$28,849$28,849
Southern Adventist UniversityCollegedale, TNPrivateHybrid$13,760$13,760
Vanderbilt UniversityNashville, TNPrivateOn Campus$57,868$57,868AACSB

Nashville MBA Earnings at a Glance

Earnings outcomes for Nashville MBA graduates vary significantly by school, program format, and concentration. The figures below offer a snapshot of the cost and salary landscape across programs serving Nashville students. Keep in mind that individual results depend heavily on prior experience, industry, and whether you pursue a full-time, part-time, or online format.

Nashville MBA Earnings at a Glance

Questions to Ask Yourself

  1. Do you need a full-time immersion to switch careers, or can a part-time or online Nashville MBA keep your income flowing while you pivot?

    Full-time formats build campus recruiting access and internships, while part-time or online options in Nashville help you avoid lost income. Choose based on whether you need a structured reset or a flexible step up.

  2. Will your target employer in healthcare, finance, or tech recruit from a specific Nashville program, or is AACSB accreditation enough?

    Some Nashville healthcare and finance employers lean on established pipelines at Vanderbilt Owen or regional schools. If your employer already sponsors MBAs, any AACSB-accredited program may clear the screen; otherwise, check hiring history before committing.

  3. Can you justify a $100K plus investment for Vanderbilt Owen's brand premium, or would a $20K to $40K AACSB program deliver enough ROI?

    Owen's network and career outcomes can pay off in consulting, healthcare leadership, or finance, but a lower-cost regional MBA may be the better fit if you plan to stay local and your salary bump is modest. Run the numbers against your expected post-MBA pay.

  4. Do you need to finish in under two years to catch a promotion window or industry shift?

    Accelerated, one-year, or part-time formats at Nashville schools can compress your timeline, but full-time two-year programs allow more internship and networking. If a narrow opportunity is closing, prioritize completion speed over breadth.

Best MBA Programs for Nashville Students

Below are the top MBA programs serving Nashville students, ranked by tuition, median earnings, debt levels, and overall ROI. This list centers on Nashville-based and Nashville-metro programs, with options ranging from Vanderbilt's nationally known Owen MBA to affordable public and flexible evening degrees. Federal data doesn't yet report program-level MBA earnings for these schools, so the cards emphasize cost structure, support for working professionals, and local employer connections.

How we ranked these
Factors considered
  • Total program cost
  • Typical graduate earnings
  • Debt levels
  • Nashville career alignment
  • Program flexibility
Data sources
  • College Scorecard post-completion earnings data — collegescorecard.ed.gov
  • National Center for Education Statistics (IPEDS) covering graduation rates, retention rates and student-faculty ratios — nces.ed.gov
  • In-house program catalog data
  • Independent program research
VA

Vanderbilt University

Nashville, TN · $58,000/yr

Best for: Career switchers targeting healthcare leadership

Vanderbilt Owen anchors Nashville's MBA market with a full-time residential program, a healthcare-focused curriculum, and a hybrid Executive MBA whose recent cohort drew 79 percent of its students from the Nashville area. Residencies with regional health systems and recruiting relationships with hundreds of companies give students direct access to local employers.

  • MBA in Accounting — On-Campus
    Vanderbilt University
    • Requires 12 credit hours beyond the MBA core
    • One of eight concentration choices at Owen
    • Customize with multiple concentrations or specializations
    • Faculty research frequently cited in major business publications
    Visit Website
  • MBA in Healthcare — On-Campus
    Vanderbilt University
    • Two-year full-time MBA with health care immersion
    • Residency projects with Nashville-area health systems
    • Joint MBA/MD pathway available
    • Employment report available for prospective students
    Visit Website
  • Executive MBA — Hybrid
    Vanderbilt University
    • 21-month program with two learning tracks
    • Classes in Nashville on alternating Saturdays in year one
    • Cohort averages 45 to 50 professionals, mostly from Nashville
    • Recent class drew 79 percent of students from the Nashville area
    • Annual full-tuition sponsorship for a local nonprofit leader
    • Alumni community of over 12,000 worldwide
    Visit Website
  • JD/MBA — On-Campus
    Vanderbilt University
    • Four-year joint degree instead of five
    • First year completed in law school
    • Twelve credits transfer between programs
    • Builds skills for finance and strategy roles
    Visit Website
  • MBA/MD — On-Campus
    Vanderbilt University
    • Five-year joint degree with 50 total credit hours
    • Apply during third year of medical school
    • Twelve credits shared between schools
    • Includes summer rotations and coursework
    Visit Website
TR

Trevecca Nazarene University

Nashville, TN · $11,000/yr

Best for: Working professionals needing one-night-a-week classes

Trevecca offers Nashville professionals a faith-based MBA with flexible paths: classes one night a week on campus, fully online study, and a 10-month accelerated option. Cohort-based learning and one-course-at-a-time scheduling fit around full-time work, while concentrations in project management, healthcare administration, and leadership map to regional career tracks.

  • MBA in Project Management — Online
    Trevecca Nazarene University
    No entrance examTest optional
    • Accelerated 10-month or traditional 18-month path
    • 30 credit hours at $750 per credit
    • Total tuition of $22,500
    • No GMAT required and no application fee
    • Project scope, scheduling, risk, and procurement courses
    • Cohort model with online or one-night-a-week campus option
    Visit Website
  • MBA in Management and Leadership — Online
    Trevecca Nazarene University
    • Ten-month accelerated or 20-month traditional option
    • Tuition from $17,700 to $21,240 total
    • No entrance exam required
    • Focus on leadership, planning, and strategy
    • Cohort learning with books delivered to your door
    Visit Website
TE

Tennessee State University

Nashville, TN · $11,000 – $24,000/yr

HBCU
Best for: Budget-conscious professionals seeking Nashville HBCU

Tennessee State is Nashville's public HBCU and one of the more affordable AACSB-accredited MBA options in the city. The program's small classes and diverse student body matter for professionals who value community, and an array of concentrations plus a 12-month Executive MBA broadens the fit.

  • MBA in General Business — On-Campus
    Tennessee State University
    • AACSB-accredited 36-credit hour program
    • Core courses plus concentration electives
    • Small classes within a diverse campus community
    • Fellowships, scholarships, and assistantships available
    Visit Website
  • Executive MBA — Hybrid
    Tennessee State University
    • 12-month, 36-credit hour executive format
    • One course at a time in four-week modules
    • Weekend residencies with hybrid online sessions
    • Ten-day global immersion included
    • Industry guest speakers integrated into curriculum
    Visit Website
  • MBA in Management Information Systems — On-Campus
    Tennessee State University
    • Explores analysis and design of information systems
    • Prepares leaders for data-driven planning decisions
    • Coursework supports operational transaction systems
    Visit Website
BE

Belmont University

Nashville, TN · $28,000/yr

Belmont's Healthcare MBA is purpose-built for early-career professionals moving into health care management, with late-afternoon classes, applied projects with local health systems, and a summer internship for students without prior experience. The AACSB-accredited program also offers an accelerated JD/MBA for those targeting business law leadership.

  • Healthcare MBA — On-Campus
    Belmont University
    No entrance examMilitary benefitsTest optionalEmployer tuition reimbursement
    • 42-credit hour program completed in five semesters
    • Late-afternoon classes accommodate daytime jobs
    • Total tuition of $69,090
    • Summer internship for applicants without work experience
    • Experiential projects with Nashville health care companies
    • Graduates may qualify for executive residency programs
    • AACSB-accredited with GMAT waiver option
    Visit Website
  • JD/MBA — On-Campus
    Belmont University
    • Joint degree completed in three years
    • Cohort capped at 10 students
    • Three courses count toward both degrees
    • GMAT requirement waived for joint degree
    Visit Website
MI

Middle Tennessee State University

Murfreesboro, TN · $12,000/yr

Middle Tennessee State brings AACSB-accredited MBA education within reach of Nashville professionals, with concentrations in health care management, business analytics, and marketing. GMAT and GRE waivers, along with in-state tuition, make it a practical option for metro-area working adults.

  • MBA in Health Care Management
    Middle Tennessee State University
    • 42-credit MBA with health care management concentration
    • 30 hours core plus 12 hours concentration coursework
    • Capstone uses strategic business consulting projects
    • GMAT or GRE waiver for strong GPA or experience
    • Foundation courses available for career changers
  • MBA in Strategic Marketing Analytics — Hybrid
    Middle Tennessee State University
    • Hybrid MBA with marketing analytics concentration
    • Includes capstone on strategic marketing decisions
    • Coursework covers branding and market research
    • Elective options available online or on campus
    Visit Website
LI

Lincoln Memorial University

Harrogate, TN · $22,000/yr

  • Master of Business Administration, Supply Chain Management — Online
    Lincoln Memorial University
    Visit Website
  • Master of Business Administration, Sport Management — Online
    Lincoln Memorial University
    Visit Website
  • Master of Business Administration, Healthcare Administration — Online
    Lincoln Memorial University
    Visit Website
  • MBA, General Business — Online
    Lincoln Memorial University
    Visit Website
  • JD/MBA Dual-Degree Program — Hybrid
    Lincoln Memorial University
    Visit Website
TH

The University of Tennessee-Martin

Martin, TN · $12,000/yr

  • MBA: General Business, General Business — Online
    The University of Tennessee-Martin
    Visit Website
KI

King University

Bristol, TN · $16,000/yr

  • Master of Business Administration, Project Management — Online
    King University
    Visit Website
  • Master of Business Administration, Management — Online
    King University
    Visit Website
UN

University of Memphis

Memphis, TN · $10,000 – $15,000/yr

  • Business Administration - Executive Leadership, Executive Leadership — Hybrid
    University of Memphis
    Visit Website
  • JD/MBA — On-Campus
    University of Memphis
    Visit Website
AU

Austin Peay State University

Clarksville, TN · ~$11,000/yr (est.)

  • Master of Business Administration, Responsible Human Resource Management — Online
    Austin Peay State University
    Visit Website
SO

Southern Adventist University

Collegedale, TN · $10,000 – $15,000/yr

  • MSW-MBA Dual Degree — Hybrid
    Southern Adventist University
    Visit Website
TE

Tennessee Wesleyan University

Athens, TN · ~$18,000/yr (est.)

  • Master of Business Administration, Accounting — Online
    Tennessee Wesleyan University
    Visit Website
  • Master of Business Administration, Management — Online
    Tennessee Wesleyan University
    Visit Website
  • Executive MBA — Hybrid
    Tennessee Wesleyan University
    Visit Website
SO

South College

Knoxville, TN · $29,000/yr

  • Business Administration, MBA — Online
    South College
    Visit Website
  • Master of Business Administration (Executive) — Online
    South College
    Visit Website
BE

Bethel University

McKenzie, TN · $16,000/yr

  • Executive MBA — Online
    Bethel University
    Visit Website
TH

The University of Tennessee-Knoxville

Knoxville, TN · ~$16,000/yr (est.)

  • Master of Science in Business Cybersecurity — Online
    The University of Tennessee-Knoxville
    Visit Website
  • Full-Time MBA, Entrepreneurship & Innovation — On-Campus
    The University of Tennessee-Knoxville
    Visit Website
  • Executive MBA – Healthcare Leadership — Hybrid
    The University of Tennessee-Knoxville
    Visit Website
  • Executive MBA – Strategic Leadership — Hybrid
    The University of Tennessee-Knoxville
    Visit Website
  • Physician Executive MBA — Hybrid
    The University of Tennessee-Knoxville
    Visit Website
  • J.D. & MBA — On-Campus
    The University of Tennessee-Knoxville
    Visit Website
UN

Union University

Jackson, TN · ~$14,000/yr (est.)

  • Master of Business Administration, Healthcare Management — Online
    Union University
    Visit Website
  • MSW/MBA — Hybrid
    Union University
    Visit Website
EA

East Tennessee State University

Johnson City, TN · ~$11,000/yr (est.)

  • Master of Business Administration, Business Analytics — Online
    East Tennessee State University
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  • Master of Business Administration, General — Online
    East Tennessee State University
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  • MD/MBA Dual Degree Program — On-Campus
    East Tennessee State University
    Visit Website
TH

The University of Tennessee-Chattanooga

Chattanooga, TN · ~$11,000/yr (est.)

  • MBA, Business Analytics — Online
    The University of Tennessee-Chattanooga
    Visit Website
JO

Johnson University

Knoxville, TN · $5,000 – $10,000/yr

  • Master of Business Administration (MBA), Entrepreneurship — Online
    Johnson University
    Visit Website
  • Master of Business Administration (MBA), Healthcare Management — Online
    Johnson University
    Visit Website
  • Master of Business Administration, Human Resource Management — Online
    Johnson University
    Visit Website
CA

Carson-Newman University

Jefferson City, TN · $14,000/yr

  • Master of Business Administration, Entrepreneurial Leadership — Online
    Carson-Newman University
    Visit Website
BR

Bryan College-Dayton

Dayton, TN · $11,000/yr

  • Master of Business Administration, Healthcare Administration — Online
    Bryan College-Dayton
    Visit Website
  • Master of Business Administration, Human Resources — Online
    Bryan College-Dayton
    Visit Website
  • Master of Business Administration (M.B.A.), Marketing, Marketing — Online
    Bryan College-Dayton
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Frequently Asked Questions About Nashville MBA Programs

Nashville offers a surprisingly diverse set of MBA programs, from budget-friendly public options to one of the nation's top-ranked business schools. Below are answers to the questions prospective students ask most often.

Total tuition varies widely depending on the school and format. Tennessee State University's traditional MBA can start near $20,000, while Lipscomb's program runs roughly $40,000 and Belmont's hybrid MBA costs approximately $57,000. At the upper end, Vanderbilt Owen's full-time MBA carries tuition of about $76,700 per year (approximately $153,400 for two years). Program fees, course materials, and living expenses add to each figure.

Four Nashville-based business schools hold AACSB accreditation as of the 2025 to 2026 academic year: Vanderbilt University (Owen Graduate School of Management), Belmont University (Jack C. Massey College of Business), Tennessee State University, and Lipscomb University. AACSB accreditation is considered the gold standard for business education and is held by fewer than six percent of business schools worldwide, so all four represent strong choices.

Reported figures vary by source and role type. Recent salary data show that MBA professionals in Nashville earn an average base pay of roughly $97,000, with additional compensation (bonuses, profit sharing, equity) averaging around $77,000. Actual earnings depend heavily on industry, years of experience, and program reputation. Graduates of higher-ranked programs such as Vanderbilt Owen tend to command salaries at the upper end of the range.

Yes. Tennessee State University offers its traditional MBA in both face-to-face and fully online formats, making it one of the most flexible options in the city. Belmont University delivers its MBA in a hybrid model that blends online coursework with in-person sessions. Several Tennessee-based schools outside Nashville, such as Union University in Jackson, also offer fully online, AACSB-accredited MBAs accessible to Nashville residents.

Lipscomb University explicitly does not require the GRE or GMAT for MBA admission; standardized test scores are accepted only on an optional basis. Tennessee State University offers a test waiver for applicants who meet certain criteria, including a 3.0 undergraduate GPA, five or more years of professional or military experience, or a completed graduate degree. Vanderbilt Owen generally expects a GMAT or GRE score and does not advertise a waiver policy.

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