Florida Institute of Technology is also featured in our ranking Top 50 Best Online MBA in Healthcare Management Degree Programs.
Florida Institute of Technology, commonly called Florida Tech, is a private, nonprofit, research intensive institution of high learning residing in Melbourne, Florida. It is committed to providing excellent education to a culturally diverse community of students to prepare them for successful careers around the globe, higher-education opportunities, and serving within the community, state, nation, and world. Florida Tech seeks to develop knowledge through basic and applied research and to serve the array of needs of society. To support its mission, Florida Institute of Technology is dedicated to promoting the development of students by fostering and maintaining a productive academic culture of evaluation that leads to the constant enhancement of educational and administrative programs. It develops an academic culture that values and promotes intellectual curiosity, a sense of community, and shared drive among students and faculty. The core values of Florida Tech include global citizenship for a better world, research for the benefit of all humankind, and education for a lifetime of success. Florida Tech offers its programs through five distinct colleges of education: College of Science, College of Engineering and Computing, College of Aeronautics, College of Psychology and Liberal Arts, and Nathan Bisk College of Business. The student to faculty ratio is 13 to one, with nearly half of the classes with less than 20 students.
Florida Institute of Technology was founded in 1958 as Brevard Engineering College, the same year as NASA was getting started, and the college offered academic opportunities to NASA professionals at Cape Canaveral. By 1960, the college had more than 500 students. In 1964, the college received its first accreditation report. In 1966, the college’s name changed to Florida Institute of Technology to more accurately represent the character of the institution. The institute continued to expand, adding more schools, departments, and programs. The first off-campus program began in 1972. Today, Florida Tech is home to more than 6,000 students and nearly 600 faculty members. The U.S. News and World Report ranks Florida Institute of Technology number 151 in its National Universities publication.
Online MBA in Healthcare Management at Florida Institute of Technology
The Nathan M. Bisk College of Business at Florida Institute of Technology offers an online Master of Business Administration in Healthcare Management. The program provides students with a solid understanding of legal aspects, information technology, financial management, and planning and marketing in healthcare organizations. Students are prepared to respond to the dynamic business decisions that come about in today’s healthcare field. A total of 36 credit hours are required to complete the program, including a common set of six core courses, two directed elective courses, and a capstone course in strategic management. The courses include managerial economics, managerial accounting, marketing management, organizational behavior, and financial management. The courses integrate projects and case studies that require vast qualitative and quantitative evaluation. Students gain hands-on experience through various tasks, such as researching solutions, applying critical thinking to business proposals and financial reports, and solving complex issues. The program also includes healthcare management internships where students are able to study at nearby hospitals and medical centers to gain real-world experience by training alongside experienced professionals in the field. The program is taught by experienced faculty in the field who bring their wide-ranging know-how to the classroom. The MBA in Healthcare Management at Florida Tech also focuses on ethics and leadership to provide students with networking opportunities with business leaders. The Center for Entrepreneurship and New Business Development is another major part of the program as it prepares students for success by focusing on innovation, research, sustainability, and entrepreneurial education.
Florida Institute of Technology Accreditation Details
The Southern Association of Colleges and Schools Commission on Colleges regionally accredits Florida Institute of Technology to grant associate, bachelor’s, master’s, and doctoral degrees.
Nathan M. Bisk College of Business is accredited by the International Accreditation Council for Business Education.
Florida Institute of Technology Application Requirements
• Complete and submit the Florida Tech Application, Common Application, or Cappex Application
• Submit official transcript from accredited high school
• Submit official transcripts from all previously attended colleges and universities
• Submit official SAT or ACT scores
• Submit a letter of recommendation
• Submit a written essay
• Complete and submit the Application for Graduate Admission
• Pay the nonrefundable application fee: $50 for master’s degree programs or $60 for doctoral degree programs
• Submit official transcripts from all previously attended postsecondary institutions
• Submit official scores from graduate level standardized tests, such as the GMAT or GRE
• Submit a statement of objectives
• Submit letters of recommendation
• Submit a current resume
• Complete any additional requirements for certain degree programs
Tuition and Financial Aid
• Full-time engineering and science majors: $20,245 per semester
• Full-time all other majors: $18,450 per semester
• Part-time and summer: $1,170 per credit hour
• Enrolled in 20 credit hours or more: $1,170 per credit hour
• Extended studies: $250 per credit hour
• Florida Tech Online: $510 per credit hour
• Melbourne Campus business programs: $600 per credit hour
• Melbourne Campus non-business programs: $1,242 per credit hour
• Florida Tech Online, MBA program: $896 per credit hour
• Florida Tech Online, all other programs: $777 per credit hour
Florida Tech prides itself on its substantial financial aid options, in the form of scholarships, grants, loans, and work study.
• Florida Tech Scholarships
• Florida Resident Merit Scholarships
• Florida Tech Distinguished Scholar Award
• Farmer Scholars Programs
• Panther Fund Merit Scholarship
• Bright Futures Academic Scholars
• Bright Futures Medallion Scholars
• Federal Pell Grant
• Federal Supplemental Education Opportunity Grant (FSEOG)
• Legacy Grant
• Family Grant
• Florida Resident Access Grant
• Florida Student Assistance Grant
• Federal Subsidized Direct Loan
• Federal Unsubsidized Direct Loan
• Federal PLUS Loan
• Federal Graduate PLUS Loan
• Federal Perkins Loan
• Private Loans
Federal Work Study
The Federal Work Study program enables students to work part-time to earn money to pay for expenses related to higher education. Both on and off campus jobs are available and students receive paychecks up to $2,500 per year. Students typically work less than 20 hours a week. Pay varies on employer, qualifications of students, and job duties.
A MBA in healthcare management degree prepares students for upper-level careers in the healthcare field, such as financial director, marketing officer, and chief executive in a hospital. Graduates of the Master of Business Administration in Healthcare Management from Florida Institute of Technology are equipped with the knowledge and skills to succeed in today’s rapidly growing and changing healthcare business environment.