Murray State University MBA Programs
Tuition, ROI, Graduate Salary, GMAT Requirements
Murray State University
The Arthur J. Bauernfeind College of Business
Social Links Here
Location:
- Murray
,
- KY
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Degree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- Accounting
- Corporate Finance
- Data Analytics
- Finance
- General Business
- Information Systems
- Leadership
- Management
- Marketing
- Supply Chain
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Compare Murray State University's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements
Compare how the MBA program at Murray State University measures up against Kentucky, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.
| Averages | Murray State University | Online | Kentucky |
|---|---|---|---|
| Tuition | $16,455 | $37,167 | $24,022 |
| Salary | $90,419 | $79,354 | $65,025 |
| ROI | 449% | 196% | 224% |
| S/F Ratio | 19:1 | 17:1 | 17:1 |
| Enrollment | 1450 | 2,654 | 2,225 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 593 |
561 | 541 |
Compare Average MBA Tuition
In Kentucky the most affordable MBA program is $12,600 and the most expensive is $39,449. The average tuition cost in the state is $24,022. Currently, the average in-state MBA tuition for Murray State University is $16,455.
| Comparison Group | MBA Tuition Averages |
|---|---|
| Murray State University | $16,455 |
| Kentucky Average | $24,022 |
| Online Average | $37,167 |
| National Average | $42,528 |
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- Murray State University average in-state tuition is $16,455
- The average Kentucky in-state MBA tuition is $24,022
- The average online MBA tuition in the United States is $37,167
- The national average in-state tuition in the United States is $42,528
The most affordable Online MBA program in Kentucky is $12,600 while the most expensive online program is $39,449. The average online tuition for Kentucky programs is $22,812. Research the most affordable AACSB online MBA programs across the nation.
- Murray State University's average in-state tuition is $16,455
- Kentucky average in-state tuition is $22,812
- National for average in-state tuition in the United States is $37,167
- Online average for in-state tuition is $37,167
- Find the most affordable online MBA schools.
Compare Average Graduate MBA Salaries
The highest average graduate salary1 for an MBA program in Kentucky is $90,419 and the lowest is $42,450. The average graduate MBA salary in the state is $65,025. Currently, the average MBA graduate salary for Murray State University is estimated to be $90,419.
| Comparison Group | Graduate MBA Salary Averages |
|---|---|
| Murray State University | $90,419 |
| Kentucky Average | $65,025 |
| Online Average | $79,354 |
| National Average | $82,899 |
-
- National average for MBA graduate salary is $82,899
- Online average for graduate MBA salary is $79,354
For online MBA programs in Kentucky, the highest average graduate salary1 is $90,419 and the lowest is $42,450. The average graduate MBA salary in the state is $66,493. Currently, the average MBA graduate salary for Murray State University is estimated to be $90,419.
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- Kentucky average for online MBA starting salary is $66,493
- National average for online MBA starting salary is $79,354
Find the online MBA programs with highest and lowest average online MBA starting salaries.
Compare Average ROI for Graduate MBA Students
The highest average graduate ROI1 for MBA students in Kentucky is 449% and the lowest is 43%. The average graduate MBA ROI in the state is 224%. Currently, the average MBA graduate ROI for Murray State University is estimated to be 449%.
| Comparison Group | Graduate MBA ROI Averages |
|---|---|
| Murray State University | 449% |
| Kentucky Average | 224% |
| Online Average | 196% |
| National Average | 186% |
-
- National average for MBA graduate ROI is 186%
- Online average for graduate MBA ROI is 196%
For online MBA programs in Kentucky, the highest average graduate ROI1 is 449% and the lowest is 43%. The average graduate MBA ROI in the state is 246%. Currently, the average MBA graduate ROI for Murray State University is estimated to be 449%.
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- Kentucky average for online MBA starting ROI is 246%
- National average for online MBA starting ROI is 196%
Find the schools with the highest and lowest ROI for graduating MBA students.
Compare Business School Student / Faculty Ratios
The average student to faulty ratio for business schools in Kentucky ranges between a low of 11:1 to a high of 23:1 with an average Student Faculty Ratio of 17:1. Currently, Murray State University has an average student-to-faculty ratio for its MBA program of 19:1.
| Comparison Group | Average Student to Faculty Ratios |
|---|---|
| Murray State University | 19:1 |
| Kentucky Average | 17:1 |
| Online Average | 17:1 |
| National Average | 16:1 |
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- Murray State University Average Student Faculty Ratio: 19:1
- Kentucky Student Faculty Ratio: 17:1
- Average U.S. Student Faculty Ratio: 16:1
- Average Online Student Faculty Ratio: 17:1
For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.
Research the best and worst student-to-faculty ratios.
Compare Average Business School Enrollment (Alumni)
In Kentucky, the average business school enrollment ranges between a low of 497 to a high of 5,615 with an average of 2,225. Currently, Murray State University average school enrollment is 1450.
| Comparison Group | Average Business School Enrollment / Alumni |
|---|---|
| Murray State University | 1450 |
| Kentucky Average | 2,225 |
| Online Average | 2,654 |
| National Average | 2,533 |
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- Murray State University Average School Enrollment: 1450
- Kentucky's Average School Enrollment: 2,225
- National Average for School Enrollment: 2,533
- Online Average for School Enrollment: 2,654
For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.
Research, find and compare online business schools enrollments.
Compare Average GMAT Scores
The average GMAT score for an MBA program in Kentucky ranges between a low of 455 to a high of 623 with an average of 541. At the present time, Murray State University average GMAT score for its MBA program is 593.
| Comparison Group | Average GMAT Scores |
|---|---|
| Murray State University | 593 |
| Kentucky Average | 541 |
| Online Average | 561 |
| National Average | 567 |
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- Murray State University Average GMAT: 593
- Kentucky's Average GMAT Scores: 541
- National Average for GMAT Scores: 567
- Online Average for GMAT Scores: 561
For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.
Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.
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- Find MBA programs that do not require a GMAT or make the exam optional or conditional
- Find Online MBA programs with the highest and lowest GMAT requirements
Kentucky Schools Offering Online MBA Degrees
- Northern Kentucky University
- Murray State University
- Morehead State University
- Western Kentucky University
- Eastern Kentucky University
- University of Louisville
- University of Kentucky
Kentucky Schools Offering both Campus and Online MBA Degrees
Find the best ranked MBA programs in Kentucky and also find the best best online MBA programs accepting Kentucky students.
- Northern Kentucky University
- Bellarmine University
- Murray State University
- Morehead State University
- Western Kentucky University
- Eastern Kentucky University
- University of Louisville
- University of Kentucky
Cities in Kentucky Where You Can Find MBA Programs
Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.
.Murray State University The Arthur J. Bauernfeind College of Business Summary
In-state tuition and fees for the MBA program at The Arthur J. Bauernfeind College of Business is $16,455. Of all MBA programs offered in Kentucky, the average cost for in-state tuition and fees is $24,022 a year. The average cost for in-state tuition and fees for an online MBA program is $37,167 a year.
The average GMAT score to enter into The Arthur J. Bauernfeind College of Business is 593 while the average GMAT score to for MBA schools in Kentucky is 541.00, and the average GMAT score to enter into an online GMAT program is 560.93.
After graduating, the school reports that the average graduate salary is $90,419.
Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 449%
The average in-state tuition you can expect to pay is about $16,455, and the average GMAT score for acceptance in their program is 593.
After graduating, the school reports that the average graduate salary is $90,419. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 449%
Programs are offered as: Campus, Distance Education, Full-Time, Off Campus, Online and Part-Time.
The school is ranked by: Murray State University's MBA program is accredited by the AACSB and is ranked by the following publications: MBAGuide
| Averages | Murray State University | Online | Kentucky |
|---|---|---|---|
| Tuition | $16,455 | $37,167 | $24,022 |
| Salary | $90,419 | $79,354 | $65,025 |
| ROI | 449% | 196% | 224% |
| S/F Ratio | 19:1 | 17:1 | 17:1 |
| Enrollment | 1450 | 2,654 | 2,225 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 593 |
561 | 541 |
1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.
Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.