Corporate Partners Program

Since 1986, The Jack C. Massey Graduate School of Business at Belmont University has existed to help middle Tennessee’s working professionals take their careers to the next levels through opportunities to pursue advanced degrees in business administration and accounting. Mr. Massey’s ultimate vision was to help Nashville become the center of business and commerce for the Southeastern United States, and he believed that in order for that to happen, the business acumen and skills of its leaders would need to continue to advance just as the city’s business landscape continued to grow and evolve.

The Massey School now offers a total of three distinct MBA programs (i.e., an evening part-time MBA for experienced working professionals, a full-time accelerated MBA for individuals about to begin their careers, and a part-time healthcare MBA for experienced healthcare professionals), as well as a Masters of Accountancy (MACC) program for individuals pursuing a CPA designation. Each of these programs is an effort to supply and/or partner with area employers in a manner consistent with Mr. Massey’s original vision of increasing the managerial and leadership talent base of Nashville’s business landscape. The program has now graduated over 2,400 individuals since its first graduating class in 1988.

Graph of US Trends Regarding the share of tuition assistance dropping as MBA prices rise

The Corporate Partners Program is designed as a mechanism for The Massey School to leverage the commitments of a small number of its largest employers by matching the corporate tuition assistance benefits offered to their employees. For approved Partners, the School will match the employer’s tuition assistance to an employee enrolled in a Massey MBA degree program. This match is for up to 25% of the total tuition charged to a student throughout the degree program and is designed to make a graduate business degree more affordable for individual employees who work for organizations from which The Massey School has traditionally recruited its best students.

Both public and private data indicate that as the cost of earning an MBA from an accredited business school has gone up, the share of tuition assistance from employers has dropped dramatically (see Figure 1). AACSB International, the accrediting body for the Nation’s top b-schools, reports that the average MBA tuition for accredited programs in the U.S. has increased 33% between 2007 and 20121 . During those same five years, the proportion of Massey students receiving some level of tuition assistance from their employers dropped from 72% to 47%, a decline of 25 percentile points (or –35%).

Sample MBA Tuition Shares Across Learning Participants - Corporate Partners Program2

(for a student enrolling Fall 2017 and Graduating Summer 2019)

Sample MBA Tuition Shares Across Learning Participants

The Massey’s Corporate Partners Program allows talented employees to earn an MBA from a part-time MBA program ranked #28 in the U.S.3 while reducing the total out-of-pocket tuition costs to less than half. A sample cost distribution of tuition obligations for the current (2017-18) part-time Professional MBA price tag of $56,650 is shown in the table above. Figures include all tuition over the normal two-year completion window, as well as the airfare, lodging, and business/cultural activities on the required short-term international study-abroad experience.

Massey August 2016 Graduating Class
Massey's August 2016 Graduating Class

The Massey School works closely with each of its corporate partners to assure a seamless accounting and billing system for each student. And the School also tracks the success of each employer’s participants so that partner organizations can assess the impact of tuition benefit expenditures. To learn more about the Massey School and its graduate business offerings, go to belmont.edu/massey or call (615) 460-6480 to learn how to attend an upcoming information session at Belmont.

AACSB International (www.aacsb.edu)
2 On average, tuition increases at ~4% per year; figures are therefore estimates and subject to normal inflation.
3 Bloomberg BusinessWeek’s part-time MBA rankings (November2015)