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 business degrees. Of these, 24 offer accredited undergraduate business programs, while 13 have graduate business programs that are accredited. 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 all public or non-profit and also 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 gives 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.

Undergraduate Business Schools in Alabama

We were able to obtain acceptance rates for 17 undergraduate programs for business degrees in Alabama, and they are 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.

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 graduations rates with 91% and 81% respectively.

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.

SchoolCityTuitionAidMedian SATMedian ACTAccept. RateGrad. Rate
Alabama State UniversityMontgomery$9,220$7,751730-92015-1946%22%
Athens State UniversityAthens$5,940$2,3060%
Auburn UniversityAuburn$10,696$8,8921060-126024-3081%75%
Auburn University MontgomeryMontgomery$9,640$5,944880-99019-2477%23%
Bishop State Community CollegeMobile$4,380$4,197
Faulkner University0$20,130$7,650880-112018-2345%32%
Jacksonville State UniversityJacksonville$7,500$6,806870-112020-2653%36%
Jefferson State Community CollegeBirmingham$4,440$3,709
Lawson State Community CollegeBirmingham$4,380$4,322
Miles CollegeFairfield$11,604$6,74317%
Oakwood UniversityHuntsville$16,750$4,336750-101016-2148%47%
Samford UniversityBirmingham$29,402$14,5451020-123823-2991%73%
Stillman CollegeTuscaloosa$10,418$7,248740-91014-1742%18%
The University of West AlabamaLivingston$8,876$5,071860-102018-2353%29%
Troy UniversityTroy$8,260$7,047925-116018-2491%38%
Tuskegee UniversityTuskegee$20,015$6,097890-111021-2250%46%
University of Alabama at BirminghamBirmingham$8,040$7,267970-130021-2858%53%
University of Alabama in HuntsvilleHuntsville$9,842$7,8701060-134025-3176%49%
University of MobileMobile$21,400$10,861850-112019-2562%48%
University of MontevalloMontevallo$12,040$8,632900-120020-2665%50%
University of North AlabamaFlorence$8,114$5,301862-105319-2556%44%
University of South AlabamaMobile$7,548$6,263920-113020-2381%38%
Wallace Community College SelmaSelma$4,080$5,761
Wallace State Community CollegeHanceville$4,380$5,035

Graduate Business Schools in Alabama

Using 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, which include several highly ranked schools and a number of undiscovered options that are still worthy of consideration. The overall average tuition cost for graduate study ($18,135) 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.

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

SchoolCityTuitionAvg. GMATFaculty
with Doct.
Degree
Student/
Faculty
Auburn UniversityAuburn$24,11658491%1.8
Auburn University MontgomeryMontgomery$12,68948488%3.31
Jacksonville State UniversityJacksonville$11,73079%
Samford UniversityBirmingham$29,26888%
The University of West AlabamaLivingston$15,444
Troy UniversityTroy$17,784
University of AlabamaTuscaloosa$27,25261780%3.78
University of Alabama at BirminghamBirmingham$18,64352173%
University of Alabama in HuntsvilleHuntsville$18,42154194%2.67
University of MobileMobile$17,460
University of MontevalloMontevallo$12,30064%1.05
University of North AlabamaFlorence$12,42144483%2.88
University of South AlabamaMobile$18,22253585%

Job Outlook for Business Graduates in Alabama

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

Occupation TitleBLS.gov
Code
2016
Total
Employment
Alabama
Mean
Hourly
Wage
Alabama
Mean
Annual
Wage
Alabama
National
Growth
2016-26
Accountants and Auditors13-201115,770$33$69,65010.0%
Administrative Services Managers11-3011590$47$98,70010.1%
Advertising and Promotions Managers11-201160**5.8%
Architectural and Engineering Managers11-90412,450$67$139,1005.5%
Budget Analysts13-2031840$39$80,9506.5%
Business Operations Specialists13-11997,230$41$84,8508.8%
Chief Executives11-10111,120$100$207,0908.0%
Compensation and Benefits Managers11-311170$60$124,2705.0%
Compensation, and Benefits Specialists13-1141580$31$64,3508.5%
Compliance Officers13-10411,460$33$68,3808.2%
Construction Managers11-90212,780$45$93,01011.4%
Cost Estimators13-10512,070$29$60,87010.6%
Credit Analysts13-2041580$37$76,2508.4%
Credit Counselors13-2071170$25$52,53013.9%
Financial Analysts13-20511,220$43$88,64010.8%
Financial Examiners13-2061800$34$70,9009.8%
Financial Managers11-30315,200$63$130,9800.187
General and Operations Managers11-102127,150$58$120,7309.1%
Human Resources Managers11-31211,200$51$105,6708.9%
Human Resources Specialists13-10715,400$29$59,8907.1%
Information Systems Managers11-30213,120$60$123,79011.9%
Insurance Underwriters13-20531,060$29$59,950-5.2%
Labor Relations Specialists13-10751,010$23$48,610-7.8%
Loan Officers13-20723,850$33$69,28011.5%
Logisticians13-10813,590$43$88,4506.9%
Management Analysts13-11114,250$45$93,47012.0%
Market Analysts and Marketing Specialists13-11613,370$28$59,21022.8%
Marketing Managers11-2021540$59$123,43010.0%
Meeting and Event Planners13-1121400$21$43,79010.2%
Public Relations and Fundraising Managers11-2031430$45$94,27010.4%
Purchasing Managers11-3061900$53$109,2005.6%
Sales Managers11-20222,220$61$126,6307.4%
Tax Examiners and Revenue Agents13-20811,130$27$55,140-0.6%
Tax Preparers13-2082800$17$35,75010.8%
Training and Development Managers11-3131140$59$123,45010.3%
Training and Development Specialists13-11512,610$28$58,05011.5%


References:
1. National Center for Education Statistics:https://nces.ed.gov/
2. AACSB, Best Business Schools:http://bestbizschools.aacsb.edu/aacsb-accredited
3. ACBSP, Business Schools:https://www.acbsp.org/?page=accreditation
4. IACBE, Business Schools:http://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, 2018 Best Business Schools: https://www.usnews.com/best-graduate-schools/top-business-schools