Sector Portrait: Continuing Education
A Florida Trend in-depth report on the state's top MBA programs.
56% Among the more than 2,600 students who received master's degrees in business from State University System schools in 2002-03, more than half were employed by a company in Florida five years later (not including self-employed graduates) and were earning almost $100,000 a year, according to the Florida Department of Education's Florida Education and Training Placement Information Program.
[Photo: Rollins College]
dean, Crummer Graduate School of Business,
Rollins College, Winter Park
Today, business school programs aimed at students who are already working have to accommodate students' busy schedules and personal lives. Rollins developed an online program last year, the Key Executive MBA, to provide flexibility for working senior-level executives who want graduate degrees. But McAllaster says the school doesn't want the program to be all-electronic — students meet one weekend each month for classroom work that includes lectures, presentations and debates.
McAllaster describes those sessions as "spirited. In fact there is very little, if any, lecture during the in-class time. It is case discussions, real-company discussions and how to use MBA knowledge as an analytical tool."
The value of interaction and group dynamics is too important to forgo, he says. "Part of leadership is going nose to nose over a case.''
|7,733 Number of MBAs and other master's degrees in business education awarded by 39 schools affiliated with the Independent Colleges and Universities of Florida and Florida's State University System in the 2009-10 school year. Of those, 4.4% (343) went to Asians; 13.2% (1,024) to African-Americans; 18.1% (1,402) to Hispanics; and 45.4% (3,514) to whites. By gender, 51.5% (3,984) were to men and 48.5% (3,749) to women.|
Florida International University, Miami
Michael Hann is studying to be a physician and a businessman — at the same time. Hann enrolled in FIU's healthcare MBA program during his second year of medical school, attending medical school during the week and MBA sessions on Saturdays. "Everybody looks at you and asks if you're crazy,'' he says. "It's a lot of work. You go in with the mindset that you'll work twice as hard as people working twice as hard."
Hann, 25, says he thinks a background in management will provide him with a perspective on his field that will serve him well as a physician.
Meanwhile, he doesn't scrimp on extracurriculars, recently winning re-election as the medical student council president. "It's working out surprisingly well," he says. "I'm getting through it very nicely."
Executive MBA Programs
|Florida Atlantic University||212||$42,090|
|Florida Gulf Coast University||N/A||$39,000|
|Florida International University||59||$54,000|
|Nova Southeastern University||1,885||$26,000-$31,000|
|Rollins College||38||$88,000 (2-year cost)|
|Saint Leo University||1,429||$13,752 - $23,304|
|University of Central Florida||44||$44,000|
|University of Florida||90||$46,000|
|University of Miami||309||$76,000|
|University of South Florida||54||$42,500|
|University of Tampa||42||$39,600|
|An Executive MBA Program is an MBA program designed to meet the needs of managers, executives and other business leaders. Executive MBA programs allow mid-stage professionals to earn a graduate degree in two years or less while continuing to work full or part time. Listed alphabetically.|