MBA Programs in Tennessee
Although Tennessee's economy has traditionally been reliant on agriculture, emphasis on auto-related manufacturing, renewable energy and transportation has grown in recent years. A $1 billion facility to create hyperpure polycrystalline silicon, an important component in photovoltaics, was built by Germany-based company Wacker Chemie in the state's Bradley County. Additionally, a $2 billion investment in a silicon plant was planned for Clarksville. The state has adopted an aggressive strategy to build a clean energy sector and those with entrepreneurial, finance and even management skills could take the lead in this sector or others. In total, more than 160,000 new jobs have been created in the state in the last five years. Business leaders in Tennessee also have an eye for the future: Start-up Tennessee, a public-private partnership, is aimed at enabling advisors, entrepreneurs, investors and more in starting companies within the state.
Table of Contents:
- MBA Graduates in Tennessee Could Look to Nashville or Memphis for Job Opportunities
- Knoxville MBA Programs
- Memphis, Tennessee MBA Programs
- Nashville, Tennessee MBA Programs
Nashville and Memphis are the state's largest and busiest cities. Both are leading banking centers, and the state's Department of Labor and Workforce Development predicts growth in service-providing industries through 2018. These cities are also home to some of the largest manufacturing and distributing centers with the state, including International Paper Co. and Aladdin Industries LLC. Four of the state's Fortune 500 companies--including AutoZone and FedEx--are located within these cities and could provide the types of opportunities that graduates of MBA programs in Tennessee seek.
Knoxville's strategic location in Tennessee has helped this city thrive for more than 200 years. Because of its location where the French Broad and Holston rivers meet to form the Tennessee River, the city has a long history as a transportation hub and Knoxville businesses have easy access to the rest of the country. According to Forbes magazine, today Knoxville is known as one of the best places in the country for business and careers, job growth, education and affordable business costs.
According to the Knoxville-Knox County Metropolitan Planning Commission, the region is home to a diverse and varied market. Major corporations there include Scripps Television Networks (parent company of HGTV, DIY, Food Network, GAC, Cooking Channel and Travel Channel) and Sysco Corporation. Other Knoxville companies recognized as national and global leaders include Bush Brothers, Brunswick Corporation, Clayton Homes, Green Mountain Coffee, Pilot Corporation and Ruby Tuesday. Business schools in Knoxville offering advanced degrees could prepare you for a rewarding career through one of the opportunities you might find available there.
Memphis was one of the top 10 cities for home buyers in 2011, according to Deutsche Bank rankings reported by CNN Money; however, Memphis' favorable real estate market extends to commercial as well as residential property and could also spur business growth. Additionally, Memphis boasts the fifth-lowest industrial real estate rental rates in the U.S., according to the Greater Memphis Chamber, which could entice companies to expand into Memphis' already-thriving business sector.
Historically an important stop along the Mississippi River, Memphis is still one of the great transportation hubs of the U.S.; however, the city is now associated just as much with airplanes as riverboats. Memphis' airport has been the busiest in North America for cargo since 1992 - not surprising, considering it is the worldwide hub of FedEx. Norfolk Southern, Nike, the United States Postal Service, UPS and DHL also have major distribution centers in Memphis. The city is also a leader in cutting-edge 21st century businesses, notably bioscience companies. Also, considering the proximity of attractions such as Graceland, it's no surprise that tourism is a key Memphis industry; perhaps more surprising, the city boasts a thriving film industry, given its easily accessible urban and rural locations, a 5,000-square-foot sound stage and an active film commission.
Long known as Music City, Nashville might soon be called Medical City, given its booming health care industry. The city's health care sector has grown 20 percent since 2004, and is currently the area's largest employer, according to the Nashville Health Care Council. The Council states that the 250 health care companies in the area generate upwards of $70 million in annual revenue on a global basis. Community Health Systems, Hospital Corporation of America, and Simplex Healthcare are among the health-related companies with corporate headquarters in Nashville.
TripAdvisor also recently named Nashville the No. 1 U.S. travel destination on the rise in 2012, but for those interested in high-level business management jobs, this capital of Tennessee is more than a great place to visit. According to the Nashville Area Chamber of Commerce, the city is situated within 650 miles of about 50 percent of the U.S. population, making it a great hub for distribution and logistics operations. Bridgestone Tires, Dell Computers, the Gap, Nissan North America, and the United Parcel Service are among the businesses with distribution operations in Nashville. Of course, Nashville is also one of the world's music capitals. Home to Gibson Guitar and the Grand Ole Opry, Nashville's music-related businesses cover every aspect of the industry from performance venues and recording studios to music education centers, artist promotion and management firms, and equipment manufacturing and retail.