Memphis Theological Seminary

www.memphisseminary.edu/

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2019 Student Loan

Default Rate

2021 Enrolled Students

221

66.1% Full-Time

About

Memphis Theological Seminary is a higher education institution located in Shelby County, TN. In 2021, the most popular Other Doctorate concentrations at Memphis Theological Seminary were Other Theological & Ministerial Studies (19 degrees awarded).

In 2021, 44 degrees were awarded across all undergraduate and graduate programs at Memphis Theological Seminary. 36.4% of these degrees were awarded to women, and 63.6% awarded men. The most common race/ethnicity group of degree recipients was black or african american (26 degrees), 1.73 times more than then the next closest race/ethnicity group, white (15 degrees).

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Memphis Theological Seminary was 6%, which represents 3 out of the 50 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Memphis Theological Seminary had a total enrollment of 221 students in 2021. The full-time enrollment at Memphis Theological Seminary is 146 students and the part-time enrollment is 75. This means that 66.1% of students enrolled at Memphis Theological Seminary are enrolled full-time.

The enrolled student population at Memphis Theological Seminary, both undergraduate and graduate, is 61.1% Black or African American, 33.5% White, 2.71% Asian, and 2.71% Hispanic or Latino.

Students enrolled in full-time Graduate programs are most commonly Black or African American Female (36.3%), followed by Black or African American Male (24.7%) and White Female (21.2%).

Full-Time vs Part-Time Enrollment

66.1%

Full-Time Enrollment

The total enrollment at Memphis Theological Seminary in 2021, both undergraduate and graduate, is 221 students. The full-time enrollment at Memphis Theological Seminary is 146 and the part-time enrollment is 75. This means that 66.1% of students enrolled at Memphis Theological Seminary are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Memphis Theological Seminary (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
135 enrolled students
White
74 enrolled students
Asian
6 enrolled students

The enrolled student population at Memphis Theological Seminary is 61.1% Black or African American, 33.5% White, 2.71% Asian, and 2.71% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Graduates

In 2021, 12 fewer women than men received degrees from Memphis Theological Seminary. The most common race/ethnicity group of degree recipients at Memphis Theological Seminary is black or african american (26 degrees awarded). There were 1.73 times more black or african american recipients than the next closest race/ethnicity group, white (15 degrees).

The most common Other Doctorate concentration at Memphis Theological Seminary is Other Theological & Ministerial Studies (19 degrees awarded).

In 2021, the most specialized majors across all degree types at Memphis Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are THEOLOGY AND RELIGIOUS VOCATIONS. (35 degrees awarded) and PHILOSOPHY AND RELIGIOUS STUDIES. (9 degrees).

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Memphis Theological Seminary are Clergy (104,084 people), Lawyers, & judges, magistrates, & other judicial workers (26,990 people), Postsecondary teachers (23,078 people), Elementary & middle school teachers (19,178 people), and Other managers (16,775 people).

The most specialized majors at Memphis Theological Seminary in 2021 are THEOLOGY AND RELIGIOUS VOCATIONS. (35 degrees awarded) and PHILOSOPHY AND RELIGIOUS STUDIES. (9 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Memphis Theological Seminary are Surgeons, Cardiovascular technologists and technicians, Aerospace engineers, Computer and information research scientists, and Securities, commodities, & financial services sales agents

The most specialized majors at Memphis Theological Seminary are THEOLOGY AND RELIGIOUS VOCATIONS. (35 degrees awarded) and PHILOSOPHY AND RELIGIOUS STUDIES. (9 degrees) (as of 2021).

Common Industries by Major

Religious organizations

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Memphis Theological Seminary are Religious organizations (113,946 people), Elementary & secondary schools (44,427 people), Colleges, universities & professional schools, including junior colleges (42,701 people), Legal services (21,077 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (19,808 people).

The most specialized majors at Memphis Theological Seminary are THEOLOGY AND RELIGIOUS VOCATIONS. (35 degrees awarded) and PHILOSOPHY AND RELIGIOUS STUDIES. (9 degrees) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Memphis Theological Seminary.

Most Common (2021)

Divinity & Ministry
16 degree-majors awarded
Religious Studies
9 degree-majors awarded

In 2021, the most common masters degree concentration at Memphis Theological Seminary was Divinity & Ministry with 16 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Memphis Theological Seminary according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 28 degrees were awarded to men at Memphis Theological Seminary, which is 1.75 times more than the number of degrees awarded to females (16).

This chart displays the sex disparity between the top 5 majors at Memphis Theological Seminary by degrees awarded.

Most Common Male Majors

In 2021, 12 degrees were awarded to men at Memphis Theological Seminary in Divinity & Ministry, which is 3 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2021, 8 degrees were awarded to men at Memphis Theological Seminary in Other Theological & Ministerial Studies, which is 0.727 times less than the 11 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Black or African American
26 degrees awarded
White
15 degrees awarded
Asian
2 degrees awarded

The most common race/ethnicity at Memphis Theological Seminary is black or african american (26 degrees awarded). There were 1.73 times more black or african american recipients than the next closest race/ethnicity group, white (15 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Male
13 degrees awarded
Black or African American Female
13 degrees awarded
White Male
12 degrees awarded

The most common race/ethnicity and sex grouping at Memphis Theological Seminary is black or african american male (13 degrees awarded). There were 1 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (13 degrees).

Operations

Memphis Theological Seminary has an endowment valued at nearly $15.4M, as of the end of the 2021 fiscal year. The return on its endowment was of 3.65M (23.7%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Memphis Theological Seminary had a total salary expenditure of 3.46M. Memphis Theological Seminary employs 5 Professors, 3 Associate professors and 2 Assistant professors. Most academics at Memphis Theological Seminary are Male Professor (3), Female Professor (2), and Male Associate professor (2).

The most common positions for non-instructional staff at Memphis Theological Seminary are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 7 employees, Management, with 3 employees, and Business and Financial Operations with 2 employees.

Endowment

$15.4M

2021 Endowment

26.2%

growth from 2020

Memphis Theological Seminary has an endowment valued at about $15.4M, as of the end of the 2021 fiscal year. The endowment of Memphis Theological Seminary grew 26.2% from the previous year. The value of their endowment was $2.83M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Memphis Theological Seminary (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

Salary Expenditure

$1.96M

2021 Salaries

8.87%

growth from 2020

In 2021, Memphis Theological Seminary paid a median of $1.96M in salaries, which represents 56.7% of their overall expenditure ($3.46M) and a 8.87% growth from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$606k

Instructional Salaries

Number of Employees

In 2021, Memphis Theological Seminary paid a total of $606k to 10 employees working as instructors, which represents 31% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

5 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

7 Employees

In 2021, the most common positions for instructional staff at Memphis Theological Seminary were Professor with 5 employees, Associate professor with 3 employees, and Assistant professor with 2 employees.

In 2021, the most common positions for non-instructional staff at Memphis Theological Seminary were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 7 employees, Management with 3 employees, and Business and Financial Operations with 2 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Professor
Male Associate professor

In 2021, the most common demographic for instructional staff at Memphis Theological Seminary was Male Professor with 3 employees, Female Professor with 2 employees, and Male Associate professor with 2 employees.

This chart shows the sex split between each academic rank present at Memphis Theological Seminary.