Murray State University
- Company typePrivate
- Founded1922
- HeadquartersMurray, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
Murray State University firmographics
Firmographics- Name
- Murray State University
- Legal name
- Murray State University
- Website
- https://murraystate.edu
- Company type
- Private
- Founded year
- 1922
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Murray State University industry classification
Industry- Product category
- Higher Education
- NAICS
- Colleges, Universities, and Professional Schools (6113)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Public Research Universities with Comprehensive Graduate & Professional Schools (EDAHAAAF)
- akta.pro secondary industries
- Online Nonprofit Universities (EDAHALAK), Public Research Universities with Engineering/Polytechnic Emphasis (EDAHAAAD)
Keywords
Where Murray State University is headquartered
LocationHeadquarters
- HQ city
- Murray
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Murray State University business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Tuition and Fees: Primary revenue from undergraduate and graduate tuition charged on a flat-rate basis for 12-15 credit hours, with additional per-credit charges above 15 hours. Includes various mandatory fees and course fees.
- State Funding and Grants: State appropriations, Kentucky Council on Postsecondary Education funding, Department of Labor grants through Delta Regional Authority, USDA funding, HRSA grants, and other government funding sources for specific programs.
- Healthcare Workforce Partnerships: Dollar-for-dollar matching funds from healthcare partners (Baptist Health Paducah, Mercy Health, Jackson Purchase Medical Center) through Kentucky Council on Postsecondary Education's Healthcare Workforce Investment Fund.
- Private Donations and Alumni Giving: Voluntary contributions from alumni, private donors, and corporate partners through the Development office and MSU Foundation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Racer Academy Dual Credit - $97 per credit hour (2025-26) |
| Subscription | Semester | Undergraduate Flat Rate Tuition (12-15 credit hours) |
| Subscription | Annual | Nursing Scholarships - $640,000 funding |
| Subscription | Annual | Academic Achievement Scholarships |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels11 records
Murray State University product offering
Product offeringCore offering
Murray State University is a public university offering 148 undergraduate and graduate academic programs across seven colleges, schools, and centers. The university delivers degree programs through on-campus instruction at its main Murray, Kentucky campus, regional campuses, and online platforms, with supporting student services including financial aid, scholarships, and the myGate student portal.
Product overview
Murray State University is a public university offering 148 academic programs across seven colleges and schools. The university's core educational offerings include undergraduate and graduate degree programs, with notable initiatives including the Racer Academy dual credit program for high school students, and upcoming programs such as Kentucky's first public Doctor of Veterinary Medicine degree. The institution provides student support services including financial aid, scholarships, and bursar/billing services through online portals. A new Jackson Hall facility is being constructed for the School of Nursing and Health Professions. The university operates regional campuses and offers online programs alongside its main Murray, Kentucky campus.
Differentiator
Problem solved
Functional benefit
Brands
- Racer Academy: Dual credit program for high school students to earn college credits while fulfilling high school requirements.
Products and services
- Academic Programs (148 programs) Comprehensive portfolio of 148 undergraduate and graduate degree programs across seven colleges, schools, and centers, spanning fields from physics and music to accounting, nursing, engineering, and veterinary medicine, serving first-time freshmen, transfer students, graduate students, and international students.
- Racer Academy Dual Credit Program Dual credit program that lets Kentucky high school juniors and seniors earn college credits at $97 per credit hour while still in high school, granting access to Murray State IDs, parking passes, the Wellness Center, and Waterfield Library.
- Cybersecurity Analyst Certificate Program Certificate program offering free tuition, industry credentials, internships, and support services, designed to address the regional cybersecurity skills gap and create employment opportunities for marginalized populations.
- Doctor of Veterinary Medicine (DVM) Program Doctor of Veterinary Medicine degree approved for Kentucky's first public university offering of the DVM, with construction of a new $60 million Veterinary Sciences Building and target enrollment for Fall 2028, pending AVMA accreditation.
- Nursing Scholarship Program Public-private nursing scholarship program totaling $640,000 in scholarship funding plus $107,500 in equipment, requiring recipients to commit to working at partner hospitals (Baptist Health Paducah, Mercy Health, Jackson Purchase Medical Center) after graduation to address regional healthcare workforce needs.
- Engineering Physics Dual Degree (Aerospace Engineering track with Universidad EIA) Dual degree pathway in Engineering Physics with an Aerospace Engineering track, where Universidad EIA students complete advanced coursework at Murray State to gain exposure to U.S. academic and cultural environment, with faculty exchange included.
- Online Degree Programs Online degree programs and courses delivered through the university's distance learning platform, included within flat tuition with a $75 per credit hour web course fee.
Quantifiable outcome
- 9,932 students enrolled Fall 2025 - second-largest in eight years with improvements in retention rates, freshman diversity, and credit hours carried
- +2 more outcomes
Companies that use Murray State University
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles5 records
Murray State University technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Murray State University partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor, strategic and core.
- National Quilt MuseumminorPartnership to launch STEAM curriculum for K-12 students using contemporary quilting to teach geometric and mathematical principles. Murray State University serves as educational partner.
- Universidad EIA (Medellín, Colombia)strategicDual degree agreement establishing a pathway in Engineering Physics with an Aerospace Engineering track. Students from Universidad EIA complete advanced coursework at Murray State, gaining exposure to U.S. academic and cultural environment. Partnership includes faculty exchange and shared innovation.
- Baptist Health PaducahcoreHealthcare partner in the $640,000 nursing scholarship public-private partnership. Scholarship recipients are required to work at one of the participating hospitals (including Baptist Health Paducah) after graduation, addressing regional healthcare workforce needs.
- Mercy HealthcoreHealthcare partner in nursing scholarship program. As part of the public-private partnership, nursing graduates commit to employment at Mercy Health facilities in the region.
- Jackson Purchase Medical CentercoreHealthcare partner providing scholarship matching funds and employment commitment requirements for nursing graduates.
- Kentucky Council on Postsecondary Education (CPE)coreState agency providing dollar-for-dollar matching through the Healthcare Workforce Investment Fund. Total of $747,500 in funding for nursing scholarships ($640,000) and equipment ($107,500). Also providing $1 million in USDA funding for dental hygiene program and nearly $500,000 from HRSA for BSN clinical education.
- Kentucky National GuardcoreCyber resilience training partnership. Plans to host Cyber Bluegrass 2025 with Murray State University and the University of Louisville School of Engineering. Exercise simulated National Guard-assisted cyber responses on critical infrastructure networks.
Scale indicators8 records
Recent moves8 records
Expansion highlights7 records
Murray State University competitors and assessment
Company assessmentDirect peers
- Northern Kentucky University: Kentucky regional public university serving the northern part of the state with comparable undergraduate/graduate program breadth. Comparable in regional public-university positioning and tuition model.
- Morehead State University: Kentucky regional public university with similar size (~9K-10K students) and rural Eastern Kentucky setting. Direct comparable in mission, scale, and dependence on state appropriations.
- Western Kentucky University: Kentucky regional public university of comparable scale (~17K students) and mission, offering similar undergraduate/graduate programs, online degrees, and competing head-to-head for in-state students. Most direct comparable in terms of regional footprint, size, and program mix.
- Southeast Missouri State University: Regional public university in adjacent geography (southeast Missouri) with similar enrollment scale and rural Midwestern positioning. Comparable in mission and regional public-university economics.
- Tennessee Technological University: Tennessee regional public university with comparable enrollment (~10K students), engineering emphasis, and rural-anchored mission. Closest engineering-school peer outside Kentucky.
- Eastern Kentucky University: Kentucky regional public university of comparable enrollment scale, with overlapping online, nursing, education, and agriculture programs. Competes for the same in-state applicant pool and state-appropriations funding.
- Austin Peay State University: Tennessee regional public university of similar enrollment size and rural/small-city footprint, with comparable online and graduate offerings. A peer in size, mission, and funding model outside Kentucky.
Broad incumbents
- University of Louisville: Larger Kentucky public university and research institution; competes for the same in-state students, healthcare workforce funding, and state appropriations, though operating at a meaningfully larger scale.
- University of Kentucky: Kentucky's flagship public university and dominant brand in the state. Competes for the same applicant pool, state funding pool, and employer partnerships, though at a substantially larger scale and research profile.
Regional players
- Western Illinois University: Midwest regional public university of comparable scale and rural Midwest/Southeast positioning, though not in the same geography. Useful as a peer for benchmarking regional public-university economics and demographics exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Murray State University social profiles
Digital presenceMurray State University compliance and trust
Trust signalCompliance3 records
Murray State University financial estimates
Financial estimateRevenue estimate
Valuation estimate
Murray State University leadership team
Management profileNumber of profiles
Profiles10 records
Murray State University funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Murray State University M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Murray State University
What does Murray State University do?
Murray State University is a public university offering 148 undergraduate and graduate academic programs across seven colleges, schools, and centers. The university delivers degree programs through on-campus instruction at its main Murray, Kentucky campus, regional campuses, and online platforms, with supporting student services including financial aid, scholarships, and the myGate student portal.
Is Murray State University a public or private company?
Murray State University is a private company. It is classified as state government owned and is currently operating.
When was Murray State University founded?
Murray State University was founded in 1922. It employs 1,001 to 5,000 people.
Where is Murray State University based?
Murray State University is headquartered in Murray, United States, in the North America region.
How does Murray State University make money?
Four revenue lines are on record. Tuition and Fees are the primary driver. The others are state Funding and Grants, healthcare Workforce Partnerships and private Donations and Alumni Giving.
Who are Murray State University's main competitors?
Direct peers on record are Northern Kentucky University, Morehead State University, Western Kentucky University, Southeast Missouri State University, Tennessee Technological University, Eastern Kentucky University and Austin Peay State University. Broad incumbents are University of Louisville and University of Kentucky. Western Illinois University is listed as a regional player.
Does Murray State University have an API?
No public API is recorded for Murray State University.
What industry is Murray State University in?
Murray State University's product category is Higher Education. Its primary akta.pro industry code is EDAHAAAF, Public Research Universities with Comprehensive Graduate & Professional Schools, with a secondary code of EDAHALAK, Online Nonprofit Universities. Its NAICS code is 6113 and its SIC code is 8200.