Last Updated on December 23, 2022

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The Arthur J. Bauernfeind College of Business at Murray State University (Bauernfeind) offers these departments and concentrations: accounting, e-commerce, finance, general management, human resources management, and marketing.

Murray State University (Bauernfeind) 2022 Rankings

Murray State University (Bauernfeind) is Unranked in Best Business Schools. Schools are ranked according to their performance across a set of widely accepted indicators of excellence.

National Rankings

Current rankings

A “Top Tier” university in academic quality for 30 consecutive years – 1992-2021
– U.S. News & World Report

Ranked 26th Best Regional University among all public and private universities in the southern region. – 2021
– U.S. News & World Report

Ranked 11th Top Public Regional University among all public universities in the southern region – 2021
– U.S. News & World Report

Ranked 39th among Best Value Schools by U.S. News & World Report  – 2021
–  U.S. News & World Report

Ranked 13th among all regional universities in the south on the U.S. News & World Report “2020 Best Colleges for Veterans.”
– U.S. News & World Report

2020 Best Colleges and Number 1 regional public institution in Kentucky
– Money

Murray State ranked  “Best Bang for the Buck” – 2020
– Washington Monthly

Ranked in “2021 Best Colleges in America”
– Niche

Best among Kentucky comprehensive public institutions – highest percentage of undergraduate students who graduate with no known debt (2020)

Recognized as the top four-year college in Kentucky by Schools.com
– Schools.com

 Ranked on the “America’s Best Colleges” list twelve consecutive years. – 2008-2019
– Forbes

First public university and the third academic institution in the world to be designated as an International Safe Community by the World Health Organization Collaborating Centre on Community Safety.

Named a Tier 1 university – 2020
– Educate to Career 

Named among “The Southeast’s 10 Best Hidden Gem Universities” – 2020
– College Gazette

City of Murray/Murray State ranked as one of the nations’ top 50 safest college towns – 2019
– SafeWise

Named first in the nation for campus safety initiatives – 2018
– Safe Campus

Highlights

Murray State University Campus

• Murray State University has a medium-sized campus that stretches its land up to 253 acres in Calloway County.
• The nearest airport to Murray State University is Paducah (PAH) Airport which is 39.9 miles away and cities like Nashville, St. Louis, and Louisville are within driving distance.
• There are 173 different organizations on the campus targeting the interests of almost all the students. It includes the Environmental Student Society and Greek organizations as well.
• The University offers 24 hours of campus safety and security services by the Murray State Police Department.
• With 60 buildings on campus, various auxiliary services like dining, housing, RacerCard, and University Store are available for the students on campus.

Murray State University Residence

• There are nine different residence halls for the students to choose from with all basic amenities and a friendly learning environment.
• The University provides a variety of meal plans available as per the needs of all the students.
• The residence halls are close to the academic buildings, dining area, and sports complex within walking distance.
• To help students indulge in the new atmosphere, every residence hall has a College Head, Residence Director, and Advisor.
• Residence halls provide facilities of community kitchenette, common lounge, laundry facility, and 24/7 front desk service, Wi-Fi, and cable connection in addition to furnished rooms.

Murray State University Courses

• Murray State University offers an array of programs that include 60 bachelor’s degree programs, 37 master’s degree programs with specializations, 3 doctoral degrees, 6 undergraduate certificates, 6 associate programs, 11 graduate certificates, and 3 specialist degrees.
• Some popular undergraduate programs with the highest enrollment include nursing, biology, agricultural science, animal health technology, business administration and occupational safety and health.
• Doctorate programs like the Doctor of Nursing Practice (DNP), EdD in P-20 and Community Leadership and Doctorate in English Pedagogy are also offered at the University.
• The student-faculty ratio is 15:1, encouraging focused and personal interaction for better learning.
• The average freshman retention rate in the University is 76%; which is an indicator of student satisfaction.

Murray State University Application Process

The University accepts applications from students all around the world with nearly 81% acceptance rate. The student population of the university is truly diverse representing 46 countries and 45 states. There are specific admission standards that must be met for admission. Applications are reviewed on a rolling basis and students who apply early are given priority consideration.

How to Apply

The process for admission to Murray State University has been discussed below:

Application Portal: Online Portal

Application Fee: 50 USD (100 USD for conditional admission through ESL)

Application Deadlines: UG: July 19; PG: June 28 (for fall admission)

Admission Requirements for undergraduate: The following documents are required for undergraduate admissions:

• Official high school transcript with a minimum GPA of 2.0 for undergraduates
• Official university transcripts for graduate admissions
• Certified translations of transcripts not in English
• High school diploma/ university degree or certificate of graduation
• Financial evidence such as bank statements with a minimum of 25,436 USD for undergraduates and 23,702 USD for graduates and scholarship letters.
• GMAT or GRE is required for admission to the MBA.
• Proof of English language proficiency

English language requirements

International students must meet the English language proficiency requirements for admission to the university. The accepted test scores and minimum requirements are as follows:

Murray State University Cost of Attendance

• The cost of attending university consists of the tuition fee fixed by the institution and cost of living which is determined by the preferences and lifestyle of students.
• A summary of expenses incurred to study at Murray State University is as follows:

Murray State University Scholarships/Financial Aid

• Murray State University offers academic achievement scholarships to the incoming students at the time of admission and it also offers competitive scholarships to students only after the application deadline.
• International students must file the General Application Form to be considered for competitive scholarships.
• In order to help the students to study, there are different loan facilities available to the students.
• In recent years, the University has a record of awarding financial aid to 95.5% of the entering freshmen applicants.
• Some scholarships exclusively available to international students are as follows:

Murray State University Alumni Network

Murray State University alumni network has more than 70,000 active members. The members of the alumni network get exclusive benefits like:

• Early registration for alumni trips
• Pre-sale access to concerts and special events
• Discount on athletic tickets, university bookstore, Dell, Car Decal, insurance, etc.
• Access to Racer Recruitment events

A few notable alumni include:

• Ja Morant – American professional basketball player
• Chrishell Stause – An American actress
• Rex Geveden – President and CEO of BWX Technologies

Murray State University Placements

Murray State University has a graduation rate of 55%. 69% of the university’s graduates were employed within 3 months of graduation while 23% chose to continue studies. The University has an active career services department that helps students to find jobs in the U.S. and organizes more than 250 recruitment events that host over 350 companies who conduct on-campus recruitment annually. The Career Services department also gives students access to preparation resources like handbooks, mock interviews, resume critiques, and several other walk-in services.

Arthur J. Bauernfeind MBA Program

Arthur J. Bauernfeind Master of Business Administration

Graduate Programs Tuition & Fees

Our AACSB Accredited MBA Program has a long, rigorous and proud tradition of quality and excellence in business and management education, and a recognized capacity for meeting the educational needs and challenges of MBA students in the 21st Century. Although the quality of our MBA Program is self-evident, external validations of this quality abound. For instance, we have held continuous accreditation by AACSB-International—The Association to Advance Collegiate Schools of Business, since 1981, making ours one of the longest accredited MBA programs in the world. AACSB-International is the premier Management Education accrediting agency in the world, widely regarded as the “gold standard” for the prestige of any business program.

The AACSB-Accredited MBA Program offered in the Arthur J. Bauernfeind College of Business at Murray State University has a long and rigorous tradition of excellence in business and management education, and a recognized capacity for meeting the educational needs and challenges of MBA students in the 21st Century. Our specific comparative advantages and points of pride are the following: 

• AACSB Accreditation: The world has over 16,000 business programs. Yet less than 5% of these are accredited by AACSB-International: The Association to Advance Collegiate Schools of Business (AACSB;  Abdelsamad & Farmer, 2017). Murray State University is one of the 5% group of premier schools that are accredited by AACSB-International. 
  
• Quality at relatively Low Cost: While the quality of Murray State University’s MBA Program is well documented, many people may not know that we have one of the most efficient cost-to-quality MBA ratios in the country. Our on-campus tuition is competitively reasonable, as evident from the tuition link given on this MBA website. Tuition for our 100% online MBA is one of the lowest in the nation. Everyone (whether Kentucky resident or not) pays the same tuition on our 100% online, AACSB-Accredited MBA. 
  
• Your Careers: Our MBA students do find Jobs. We recognize that for our students, the MBA degree is not an end in itself, but rather a means towards employment and promotion at the local, regional, national, or international levels. Earning an MBA does pay off exponentially for your career, as recent research reported here by the Financial Times and here by CNBC attests. In 2020, a study was published by the National Association of Colleges and Employers, and was referenced in such publications Inside Higher Ed that stated MBAs made a starting salary of $21,000 over their counterparts who only had a bachelor’s degree in business administration. 
  
• All MBA students upon admission will be placed into two internal prep courses that cover calculus/microeconomics and financial accounting. These two prep courses are free. These prep courses are required for everyone in the MBA program regardless of work experience or bachelor’s degree field in order to have everyone equipped with the same knowledge for the two MBA core courses of ACC 604 (Accounting for Decision Making) and ECO 625 (Managerial Economics).  Upon completion of the financial accounting prep course with an 80% pass, students may enroll then in ACC 604; upon completion of the microeconomics/calculus course with an 80% pass, students may enroll then in ECO 625. 
  
• Quality MBA Faculty: The same faculty teach on our regular and 100% online MBA Programs. All have PhDs from such prestigious and diverse traditional (not online) Universities from all of the U.S. and the world. They conduct basic/discovery scholarship, applied or integration/application scholarship, and teaching/learning scholarship in top-tier peer reviewed journals in the USA and foreign countries, in keeping with our global footprints framework and emphasis. 
  
• Access and Flexibility: MBA Classes are offered to fit your schedule. Classes are taught at night, during the day, as well as 100% online. Yes, you can complete our MBA 100% online even if, for instance, you are on active military duty, stationed in Germany or South Korea. The online Murray State MBA has six opportunities to begin every year (January, March, May, July, August, and October).
• Rankings: #11 on Intelligent.com for providing one of the best MBA degree programs, and award for “Best for Active Military”: https://www.intelli gent.com/best-online-mba/