Business Schools in Alabama

Statistics from the National Center for Educational Statistics (NCES) show 33 public and non-profit schools in the state of Alabama granting undergraduate and graduate accredited business schools. Of these, 24 offer accredited undergraduate business programs and 13 offer accredited graduate business programs. The business accreditation is from the Association to Advance Collegiate Schools of Business (AACSB), Accreditation Council for Business Schools and Programs (ACBSP), and/or International Accreditation Council for Business Education (IACBE). All the schools on our list are public or non-profit and regionally accredited by the Southern Association of Colleges and Schools (SACS).

Accreditation ensures that the school’s business programs have clear goals and proven outcomes and that the institution adheres to national and international standards. Business accredited schools also provide opportunities for real-world interaction with businesses, which give students a broader educational experience.

The three sections that follow cover undergraduate programs for business degrees, graduate business schools, and the job prospects for business school graduates in Alabama.

Best Business Schools in Alabama

Best business schools in Alabama according to US News data.

  • University of Alabama (Manderson) – #63 in Best Business Schools, #44 in Best Undergraduate Business School Programs, #61 in Top Public Schools, #87 in Best Colleges for Veterans, #13 in Best Online Graduate Business Programs
  • Auburn University – #73 in Best Business Schools, #52 in Top Public Schools, #62 in Undergraduate Business School Programs, #115 in Top National Universities, #11 in Best Online MBA Programs, #6 in Best Online Graduate Business Programs
  • University of Alabama-Birmingham – #111 in Top Part-time MBA, #80 in Top Public Schools, #127 in Best Undergraduate Business School Programs, #30 in Best Online Graduate Business Programs
  • University of Alabama-Huntsville – #133 in Top Part-time MBA, #230 in Best National Universities
  • Samford University – #2 Best Colleges for Veterans, #25 in Best Value Schools, #7 in Most Innovative Schools, #68 in Best Online MBA Programs

Undergraduate Business Schools in Alabama

We were able to obtain acceptance rates for 17 undergraduate programs for business degrees in Alabama, mostly in the moderate range. The average acceptance rate is 60%, and 10 of the 18 have rates of at least 56%. The lowest acceptance is 42% at Stillman College, and the highest acceptance rate, of nearly 91%, can be found at Troy University in Troy, Alabama.

Graduation rates for undergraduate programs in Alabama are a bit on the low side, with an overall average of around 41% for the 18 business schools for which we have data. Samford University and Auburn University have the highest graduation rates, with 91% and 81%.

Popular undergraduate degrees in Alabama: Accounting Information Systems Degree | Human Resources Degree | Project Management Degree

The table below shows all the important data about our undergraduate business degrees, including annual in-state tuition costs, average aid, acceptance rates, median SAT and ACT scores of accepted students, and graduation rates. Click any column header to sort the table based on its contents.

School City Tuition Aid Median SAT Median ACT Accept. Rate Grad. Rate
Alabama State University Montgomery $9,220 $7,751 730-920 15-19 46% 22%
Athens State University Athens $5,940 $2,306 0%
Auburn University Auburn $10,696 $8,892 1060-1260 24-30 81% 75%
Auburn University Montgomery Montgomery $9,640 $5,944 880-990 19-24 77% 23%
Bishop State Community College Mobile $4,380 $4,197
Faulkner University 0 $20,130 $7,650 880-1120 18-23 45% 32%
Jacksonville State University Jacksonville $7,500 $6,806 870-1120 20-26 53% 36%
Jefferson State Community College Birmingham $4,440 $3,709
Lawson State Community College Birmingham $4,380 $4,322
Miles College Fairfield $11,604 $6,743 17%
Oakwood University Huntsville $16,750 $4,336 750-1010 16-21 48% 47%
Samford University Birmingham $29,402 $14,545 1020-1238 23-29 91% 73%
Stillman College Tuscaloosa $10,418 $7,248 740-910 14-17 42% 18%
The University of West Alabama Livingston $8,876 $5,071 860-1020 18-23 53% 29%
Troy University Troy $8,260 $7,047 925-1160 18-24 91% 38%
Tuskegee University Tuskegee $20,015 $6,097 890-1110 21-22 50% 46%
University of Alabama at Birmingham Birmingham $8,040 $7,267 970-1300 21-28 58% 53%
University of Alabama in Huntsville Huntsville $9,842 $7,870 1060-1340 25-31 76% 49%
University of Mobile Mobile $21,400 $10,861 850-1120 19-25 62% 48%
University of Montevallo Montevallo $12,040 $8,632 900-1200 20-26 65% 50%
University of North Alabama Florence $8,114 $5,301 862-1053 19-25 56% 44%
University of South Alabama Mobile $7,548 $6,263 920-1130 20-23 81% 38%
Wallace Community College Selma Selma $4,080 $5,761
Wallace State Community College Hanceville $4,380 $5,035

Graduate Business Schools in Alabama

According to data compiled from the AACSB, ACBSP, and IACBE accrediting bodies, there are 13 accredited and non-profit options for obtaining an MBA or equivalent in Alabama, including several highly ranked schools several undiscovered options that are still worthy of consideration. The average tuition cost for graduate study in the state is $18,135, and the most affordable option is Jacksonville State University at $11,730.

If you want to continue working while pursuing your career, there are several online MBA programs in Alabama available. One of these is Jacksonville State University, which can be completed in as little as 12-18 months.

Popular graduate programs in Alabama: Online MBA in International Business | Online MBA in Sports Management | Online MBA in Operations Management

The table below shows Alabama graduate business school tuition costs, accepted applicants’ GMAT scores, the percentage of faculty with a doctorate, average undergraduate GPA figures of accepted students, and student-to-faculty ratios. Click any column header to sort the table based on its contents.

School City Tuition Avg. GMAT Faculty
with Doct.
Degree
Student/
Faculty
Auburn University Auburn $24,116 584 91% 1.8
Auburn University Montgomery Montgomery $12,689 484 88% 3.31
Jacksonville State University Jacksonville $11,730 79%
Samford University Birmingham $29,268 88%
The University of West Alabama Livingston $15,444
Troy University Troy $17,784
University of Alabama Tuscaloosa $27,252 617 80% 3.78
University of Alabama at Birmingham Birmingham $18,643 521 73%
University of Alabama in Huntsville Huntsville $18,421 541 94% 2.67
University of Mobile Mobile $17,460
University of Montevallo Montevallo $12,300 64% 1.05
University of North Alabama Florence $12,421 444 83% 2.88
University of South Alabama Mobile $18,222 535 85%

Popular Articles: Accounting Schools in Alabama | Online MBA in Alabama


Job Outlook for Business School Graduates in Alabama

Bureau of Labor Statistics data shows that the average annual wage across all occupations in Alabama in 2016 was $88,837 for business-related occupations.6 Annual wages for business occupation subcategories in Alabama ranged from $35,750 for tax preparers to $207,090 for chief executives.6

Occupation Title BLS.gov
Code
2016
Total
Employment
Alabama
Mean
Hourly
Wage
Alabama
Mean
Annual
Wage
Alabama
National
Growth
2016-26
Accountants and Auditors 13-2011 15,770 $33 $69,650 10.0%
Administrative Services Managers 11-3011 590 $47 $98,700 10.1%
Advertising and Promotions Managers 11-2011 60 * * 5.8%
Architectural and Engineering Managers 11-9041 2,450 $67 $139,100 5.5%
Budget Analysts 13-2031 840 $39 $80,950 6.5%
Business Operations Specialists 13-1199 7,230 $41 $84,850 8.8%
Chief Executives 11-1011 1,120 $100 $207,090 8.0%
Compensation and Benefits Managers 11-3111 70 $60 $124,270 5.0%
Compensation, and Benefits Specialists 13-1141 580 $31 $64,350 8.5%
Compliance Officers 13-1041 1,460 $33 $68,380 8.2%
Construction Managers 11-9021 2,780 $45 $93,010 11.4%
Cost Estimators 13-1051 2,070 $29 $60,870 10.6%
Credit Analysts 13-2041 580 $37 $76,250 8.4%
Credit Counselors 13-2071 170 $25 $52,530 13.9%
Financial Analysts 13-2051 1,220 $43 $88,640 10.8%
Financial Examiners 13-2061 800 $34 $70,900 9.8%
Financial Managers 11-3031 5,200 $63 $130,980 0.187
General and Operations Managers 11-1021 27,150 $58 $120,730 9.1%
Human Resources Managers 11-3121 1,200 $51 $105,670 8.9%
Human Resources Specialists 13-1071 5,400 $29 $59,890 7.1%
Information Systems Managers 11-3021 3,120 $60 $123,790 11.9%
Insurance Underwriters 13-2053 1,060 $29 $59,950 -5.2%
Labor Relations Specialists 13-1075 1,010 $23 $48,610 -7.8%
Loan Officers 13-2072 3,850 $33 $69,280 11.5%
Logisticians 13-1081 3,590 $43 $88,450 6.9%
Management Analysts 13-1111 4,250 $45 $93,470 12.0%
Market Analysts and Marketing Specialists 13-1161 3,370 $28 $59,210 22.8%
Marketing Managers 11-2021 540 $59 $123,430 10.0%
Meeting and Event Planners 13-1121 400 $21 $43,790 10.2%
Public Relations and Fundraising Managers 11-2031 430 $45 $94,270 10.4%
Purchasing Managers 11-3061 900 $53 $109,200 5.6%
Sales Managers 11-2022 2,220 $61 $126,630 7.4%
Tax Examiners and Revenue Agents 13-2081 1,130 $27 $55,140 -0.6%
Tax Preparers 13-2082 800 $17 $35,750 10.8%
Training and Development Managers 11-3131 140 $59 $123,450 10.3%
Training and Development Specialists 13-1151 2,610 $28 $58,050 11.5%

Other Popular State Pages


References:
1. National Center for Education Statistics:https://nces.ed.gov/
2. AACSB, Best Business Schools:https://bestbizschools.aacsb.edu/aacsb-accredited
3. ACBSP, Business Schools:https://acbsp.org/page/accreditation-overview
4. IACBE, Business Schools:https://iacbe.org/accreditation/
5. US Bureau of Labor Statistics – Occupational Outlook Handbook, Business and Financial Occupations: https://www.bls.gov/ooh/business-and-financial/home.htm
6. US Bureau of Labor Statistics – Employment and Wage Estimates Alabama: https://www.bls.gov/oes/current/oes_al.htm
7. US News & World Report, Best Business Schools: https://www.usnews.com/best-graduate-schools/top-business-schools