How Much Does MBA Degree Cost in Tennessee?
Tennessee pricing is below the national average. Updated for 2026.
MBA Degree Pricing in Tennessee
In Tennessee, the average cost for mba degree is $55,900 total program, which is 14% lower than the national average of $65,000. Most Tennessee residents pay between $17,200 and $129,000.
Tennessee benefits from a lower cost of living than many states, resulting in more affordable pricing for mba degree. This makes it one of the more budget-friendly states for this service.
An MBA (Master of Business Administration) costs vary dramatically between online programs, state schools, and top-ranked programs. Total cost includes tuition, fees, books, and opportunity cost of time.
Tennessee vs National Average
What Affects MBA Degree Cost in Tennessee?
Program Type
Online: $20K-$60K. State school: $30K-$80K. Top 25: $100K-$200K total
Top Schools
Harvard/Stanford/Wharton: $150K-$200K tuition alone. Average starting salary post-MBA: $150K-$175K
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💡 Tips to Save on MBA Degree in Tennessee
- 1.Employer tuition reimbursement covers $5,000-$20,000+ per year at many companies
- 2.Online MBA programs from accredited schools cost 50-70% less
- 3.Consider ROI carefully — a top-20 MBA has different returns than a lower-ranked program
- 4.Apply for assistantships and merit scholarships
📈 MBA Degree in Tennessee Cost Trends (2020–2024)
Prices have increased +17.7% over the last 5 years
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $47,482 | — |
| 2021 | $49,476 | +4.2% |
| 2022 | $52,692 | +6.5% |
| 2023 | $54,167 | +2.8% |
| 2024 | $55,900 | +3.2% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
💬 What Did You Pay?
Real costs reported by homeowners for MBA Degree in Tennessee
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Frequently Asked Questions
Is an MBA worth the cost?
Top-20 MBA programs show strong ROI with average starting salaries of $150K+. For lower-ranked programs, the ROI depends heavily on your career goals and how much you pay.
MBA Degree Cost in Other States
Related Cost Guides for Tennessee
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