Best MBA Programs in Memphis (2026)

Memphis, TN | Key industries: Logistics, Supply Chain, Healthcare, Financial Services

MBA Programs in Memphis

Acceptance Rate65%
Avg GMAT570
Avg Salary$92K
Employment83%

Memphis Fogelman offers supply chain and logistics expertise connected to the FedEx hub and Memphis's distribution economy at exceptional value pricing....

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The Memphis MBA Job Market

Memphis is the logistics capital of North America. FedEx is headquartered here and operates the world's largest cargo hub at Memphis International Airport. AutoZone, International Paper, and First Horizon add Fortune 500 presence. The healthcare sector is anchored by St. Jude Children's Research Hospital and Methodist Le Bonheur. Supply chain and logistics companies choose Memphis specifically for its central US location and infrastructure.

Cost of Living

One of the most affordable major metros in the country. Rent runs $800-$1,300/month for a one-bedroom. Groceries, dining, and entertainment are well below national averages. No state income tax in Tennessee means higher take-home pay.

Why Get an MBA in Memphis

Memphis Fogelman (#126) gives you an MBA in the FedEx backyard. If supply chain, logistics, or operations management is your target career, few cities offer this level of employer concentration. The cost of living makes this one of the cheapest MBA experiences in the US, and Tennessee's no-income-tax policy adds to the value.

What to Watch Out For

Memphis is a small MBA market outside of logistics and healthcare. The program's brand doesn't travel far nationally. Crime rates in Memphis are among the highest in the US, which affects quality of life. If your target is consulting or finance, look elsewhere.

Frequently Asked Questions

What MBA programs are in Memphis?

The University of Memphis Fogelman (#126) is the city's MBA program. Its supply chain and logistics concentration draws on Memphis's position as the FedEx hub and logistics capital of North America for 2026.

Is Memphis good for supply chain careers?

One of the best cities in the country. FedEx's global headquarters and the world's largest cargo airport are here. AutoZone, International Paper, and numerous 3PL companies also operate from Memphis. Supply chain MBA graduates have direct employer access.

What's the cost of living in Memphis?

Very low. Rent under $1,300/month, no state income tax, and cheap food make Memphis one of the most affordable MBA cities in America. Your student loans will be manageable compared to coastal programs.

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