FAQs – MBA Program
Frequently Asked Questions
Master of Business Administration Degree Program – Stetson University
Q. What is an MBA?
A. The MBA (Master of Business Administration) is a graduate level degree, providing the student with advanced studies in the various business disciplines. Originally designed for students with a bachelors degree in fields other than business, this degree has evolved into a program that is attractive both to students who have completed an undergraduate degree in business and to those who have completed an undergraduate degree in non-business fields.
Q. Do I need an undergraduate degree in business to be eligible to enroll in the MBA program?
A. No, the MBA program is open to anyone who has an undergraduate degree regardless of major.
Q. Am I at a disadvantage if I do not have an undergraduate degree in business?
A. While there is no question that a student entering the MBA program with an undergraduate degree in a business discipline will be more familiar with the terms and concepts found in these advanced business studies, the curriculum is designed to provide sufficient foundation material to enable all students to excel.
Q. Who needs an MBA?
A. In today’s hyper-competitive job market, anyone looking to move into the ranks of corporate management, or to move up the corporate management hierarchy will find that an MBA will enhance their competitive position in the job search process.
Q. How does an MBA enhance my career path?
A. Hiring managers appreciate both prospective and existing employees with MBA degrees for two reasons. The first is the employees ability to bring advanced business concepts, cutting edge business thinking, knowledge about up-to-date business trends, and analytical business tools to the organization. The second reason is that the MBA graduate has a proven track record of accomplishment in a rigorous program of study that requires insight, determination, focus and communication skills.
Q. How many courses will I take?
A. The MBA program consists of a total of 30 credit hours (10 courses). Two of these courses will be transferred in as electives from the pharmacy portion of the dual degree program. The remaining 8 courses will be taken from Stetson faculty.
Q. What kinds of courses will I take?
A. A complete list of the courses in the program, along with their descriptions is found on a different page of this website. Courses are taken in all functional areas of modern business.
Q. Will I have a specific "major"?
A. The vast majority of MBA programs offer a "generalist" degree. This means that there is no specific major within the MBA program. The traditional MBA offers a breadth of knowledge across all business disciplines rather than depth in any particular business discipline. While some institutions offer a business discipline-specific masters program, Stetson’s MBA is a "generalist" degree.
Q. Why a Stetson MBA?
A. Stetson University’s School of Business Administration is proud of their award-winning graduate programs. Our School prides itself on it’s relationship with all our students. Only our best and most experienced graduate faculty teach in this program. All are full time faculty. Each of our participating faculty is considered to be fully qualified by our accrediting body. They have a track record of excellence.
Q. Are Stetson’s degree programs accredited?
A. Stetson’s School of Business Administration is proud of the fact that all our programs, both undergraduate and graduate are fully accredited by AACSB International, the premier accrediting body for colleges and schools of business. There is no higher accreditation for business school programs.
Q. Who is AACSB International?
A. AACSB International, the Association to Advance Collegiate Schools of Business, based in Tampa, Florida USA accredits business programs in both the US and internationally. Accrediting standard are designed to ensure that accredited programs exhibit the highest degree of academic quality. For more information, visit their web site at www.aacsb.edu.
Q. Who is Stetson?
A. Stetson University, founded in 1883 is the first private university in Florida. It is a comprehensive university consisting of 3 schools on the main campus in DeLand, Florida – the School of Business Administration, the School of Music, and the College of Arts and Sciences. We also have a School of Law, located in St. Petersburg, Florida. Stetson is consistently ranked in the top 4 institutions in the south east by US News and World Report. Stetson’s Music school is internationally recognized for its excellence. Our Arts and Sciences College is a member of Phi Beta Kappa. In addition to our online MBA program offered in conjunction with the MSP program at the University of Florida, our School of Business offers both an MBA and an Executive MBA at our facility in Celebration, Florida as well as a joint JD/MBA in conjunction with our Law School in St. Petersburg. All business programs are accredited by AACSB International. For more information about Stetson, visit our web site at www.Stetson.edu.
Q. When did the dual degree program start?
A. We are a new program. Our first group of students began the Pharmacy portion of their program at the University of Florida’s College of Pharmacy in the Fall of 2008. Business courses at Stetson started in the spring semester of that year.
Q. Do I need to do both degrees?
A. This program transfers courses from the University of Florida to Stetson and from Stetson to the University of Florida. It enables students to complete both degrees much more quickly than if they were being done separately. For this reason, students are not allowed to register for our MBA program unless they are enrolled in the MSP program at the University of Florida.
Is financial aid available?
Many types of financial aid are available. Students must submit a FAFSA form before a financial aid package can be created. For detailed information regarding financial aid, please contact Ms. Glenna Roof at 866-292-8837 or groof@stetson.edu.
Q. What are the Admission requirements?
A. In an effort to make admissions processes as simple as possible for the student, Stetson has determined that if a student is accepted into the MSP program at the University of Florida, they (s)he is automatically accepted into Stetson’s MBA program. The student must inform the University of Florida that they are applying to the dual MSP/MBA program in order to begin the MBA portion of the dual degree.
Q. Is the Gmat required?
A. No.
Q. Are transcripts required?
A. Yes. Official transcripts from all undergraduate and graduate institutions attended by the student must be received before the start of classes. These transcripts should be sent to the following address:
Associate Dean, School of Business Administration
Stetson University
421 N. Woodland Blvd. | Unit 8398
DeLand, Florida 32723
Q. Are classes taught exclusively online?
A. Yes, all classes are taught online.
Q. What is the tuition cost?
A. At the current time, tuition is $1,000 per credit hour or $3,000 per course. Since there are eight courses taught in the program, total tuition cost will be $24,000.
Q. Is financial aid available?
A. Yes. This program qualifies for all traditional forms of financial aid, both federal and state. A FAFSA form must be completed. See additional information regarding the details of the application process on this website. Our dedicated financial aid officer for this program is Ms. Glenna Roof. She can be reached at 877-292-8837 or groof@stetson.edu.
Q. Do I ever need to come to Florida?
A. Yes. At the end of your program of study, you are required to take a comprehensive written exam covering material from all 8 business courses. This will be a 4-6 hour exam administered at our Celebration, Florida facility. This exam is mandatory for all students.
Q. Can I bring in transfer credits from other MBA programs?
A. No. The only transfer credits allowed are the two pharmacy courses from the University of Florida.
