Florida Institute of Technology

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 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
  • serving in 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. It develops an academic culture that values and promotes:

  • intellectual curiosity
  • a sense of community
  • 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
  • education for a lifetime of success

Florida Tech offers its programs through five colleges of education:

  • College of Science
  • College of Engineering and Computing
  • College of Aeronautics
  • College of Psychology and Liberal Arts
  • Nathan Bisk College of Business.

The student/faculty ratio is 13 to one, with nearly half of the classes with fewer than 20 students.

Florida Institute of Technology was founded in 1958 as Brevard Engineering College, the same year as NASA was getting started. 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
  • 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 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
  • 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
  • a capstone course in strategic management

The courses include:

  • managerial economics
  • managerial accounting
  • marketing management
  • organizational behavior
  • 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
  • solving complex issues

The program also includes healthcare management internships where students are able to study at nearby hospitals and medical centers. They 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
  • 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

Financial Aid

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 depending on:

  • employer
  • qualifications of students
  • job duties

A MBA in healthcare management degree prepares students for upper-level careers in the healthcare field, such as:

  • financial director
  • marketing officer
  • chief executive in a hospital

Graduates of the MBA in Healthcare Management from Florida Institute of Technology have the knowledge and skills to succeed in today’s rapidly growing and changing healthcare business environment.