Deadline to Apply!

March 1 for summer entry

June 1 for fall entry

October 1 for spring entry

Note that all final deadlines will be earlier for international applicants.

Begin your application today by entering the Graduate Admissions Portal.

  Request Info

  Contact Us

Email Julia Tabler, our MBA academic program specialist for the online format, for more information about the admissions process.

 

Meet Dr. Darren Brooks, MBA program coordinator.

 

Graduate Programs Office
  850-644-6458
  877-587-5540 (toll free)
  gradprograms@business.fsu.edu

 

Learn more about our new Online MBA with a Major in Alternative Investments and Finance at our
virtual MBA Information Session at 6 p.m. on Wednesday, May 7.
Register today.


Online MBA with a Major in Alternative Investments and Finance

Starting in fall 2025, incoming online MBA students can choose to pursue a new major, Alternative Investments and Finance. The new offering leverages the multidisciplinary nature of the MBA program and the college’s historic strengths in risk management/insurance, real estate and finance. 

Critical skills in high demand
As investors shift beyond traditional assets like stocks, bonds and cash, demand for expertise in private markets and other alternatives is accelerating. This new major meets a critical need in Florida and serves as one of the first specialized graduate offerings of its kind in the state as well as the nation. Experts project that alternative investments will represent up to 24% of the global market this year, an exponential rise from just 6% in 2004. 

Who should apply?
Ideal candidates include the following: 

  • Professionals across finance, business or related industries who want to build specialized knowledge in private markets and alternative asset strategies. 
  • Individuals with experience in finance, real estate or risk management and insurance looking to strengthen their investment and portfolio management skills. 
  • Mid-career professionals or career pivoters seeking advanced training in high-growth areas like private equity, alternative financing strategies and real estate finance. 
  • Aspiring leaders in investment management, family offices or institutional roles who want a well-rounded business education with a focus on alternatives. 
  • Graduate applicants seeking a broader, more strategic alternative to a traditional master’s in finance.

Benefit from the FSU advantage
The new major adds another specialized focus to FSU’s nationally ranked MBA degree. One of the first universities nationwide to offer an MBA degree online, FSU is ranked No. 16 among public schools and No. 20 among all schools on U.S. News & World Report’s 2025 rankings of “Best Online MBA Programs.” It also ranks No. 13 among public schools on U.S. News’ list of "Best Online MBA Programs for Veterans." 

Known for its flexible online format, world-class faculty and industry-relevant coursework, the FSU MBA continues to adapt its curriculum to meet the latest and future needs of the global workforce. This new online MBA major positions graduates for success in private capital markets, institutional asset allocation and risk-based investing, making it an ideal choice for those seeking to advance in the evolving world of finance.

 

  Admission Guidelines

Admission to the Master of Business Administration program is highly competitive. The decision is based on a portfolio of qualifications, including prior academic experience, work experience, optional entrance exam scores (such as GMAT or GRE) and letters of recommendation. Entrance exam scores are optional for this program and can be submitted if they will enhance an application. Any submitted test scores become part of the application and are used in the admission decision.

  Degree Requirements

Prerequisites

The Florida State University MBA is designed for both working professionals with extensive professional experience and individuals who have demonstrated excellence and leadership in their previous academic work and who have completed a significant internship or other work experience. Admission is competitive, and all applicants must have a bachelor's degree from a regionally accredited institution. Previous coursework in business is not required, but all applicants are expected to have a general knowledge of economics, finance, accounting, statistics, calculus and management principles.

While prerequisites are not required for this program, the MBA faculty strongly recommends the completion of prep courses by all applicants who have not taken previous coursework in accounting. A preparatory course called FSU Fundamentals of Financial Accounting Tutorial (modules 1-4) is an alternative, offered online by Cambridge Business Publishers.


Curriculum

The Online MBA with a Major in Alternative Investments and Finance requires the following coursework (39 credit hours). The curriculum includes courses from FSU’s top-ranked MBA specialty in real estate. For a complete list of all MBA course descriptions, please visit business.fsu.edu/MBA-courses.

ACG 5026 Financial Reporting and Managerial Control
BUL 5810 The Legal and Ethical Environment of Business
FIN 5425 Problems in Financial Management
FIN 5515 Investment Management and Analysis
FIN 5537 Derivatives and Risk Management
FIN 5### Private Equity Venture Capital
FIN 5### Alternative Investments
REE 5105 Real Estate Valuation
REE 5205 Real Estate Finance
REE 5305 Real Estate Investment
RMI 5007 Essentials of Risk and Insurance
RMI 5018 Alternative Risk Financing
RMI 5257 Data Analytics in Risk Management and Insurance

Note: Program requirements are subject to change.

  Application Process

Admission to the Master of Business Administration program is competitive. The decision is based on a portfolio of qualifications, including prior academic experience, work experience, optional entrance exam scores (such as GMAT or GRE) and letters of recommendation. Entrance exam scores are optional for this program and can be submitted if they will enhance an application. Any submitted test scores become part of the application and are used in the admission decision.

Application checklist

I. The following items should be submitted through the Florida State Graduate Application portal, available exclusively online at admissions.fsu.edu/gradapp:

  • Applicant Statement 
  • Current resume/C.V., clearly indicating work experience including dates and positions held, noting full-time or part-time employment. Management, business and leadership experience should also be clearly detailed.
  • Letters of recommendation: Two (2) letters of recommendation from employers or former college professors that speak specifically to the applicant’s ability to successfully complete the MBA program (submitted by the recommenders in the online application).
  • Florida Residency Declaration if applicable
  • Nonrefundable application fee of $30.00 (see University Application or go to fees.fsu.edu)

II. The following items should be sent to the Graduate Admissions Office, 222 S. Copeland St./314 Westcott Building, Florida State University, Tallahassee, FL 32306-1410 or to graduateadmissions@fsu.edu:

  • One (1) official transcript from all colleges and universities attended (FSU transcripts are not necessary for FSU alumni, students). International applicants are required to submit an official NACES course-by-course transcript evaluation.
  • Official test scores, if applicable:
    • GMAT or GRE scores are optional and should be submitted if they will enhance the application. Any submitted test scores become part of the application. The code to send GMAT scores to Florida State is PN8K567, and the code to send GRE scores is 5219.
    • English Language Proficiency scores are an FSU requirement for international applicants whose native language is not English or who have not completed an undergraduate or graduate degree from a U.S. institution or other institution where English is the required language of instruction; therefore, it cannot be waived). The code to send TOEFL scores to Florida State is 5219.

International applicants

International applicants whose native language is not English or who have not completed an undergraduate or graduate degree in an English-speaking country are required to take an English Language Proficiency exam and submit official test results in order to be admitted to Florida State University. The College of Business accepts all of the following examinations taken within the past two (2) years:

•    Test of English as a Foreign Language (TOEFL): a minimum score of 600 on the paper-based test and 100 on the internet-based test 
•    International English Language Testing System (Academic IELTS): minimum score of 7 
•    Pearson Test of English (PTE): minimum score of 66 
•    Duolingo: minimum score of 120 
•    Cambridge C1 Advanced Level: minimum score of 180 
•    Michigan Language Assessment: minimum score of 55 

For more international applicant information, including financial responsibilities, degree equivalency, etc., visit gradschool.fsu.edu/admissions/international-admissions.

  Program Costs

Estimated program costs

The cost of an FSU MBA varies depending on an applicant’s format choice. To learn more, visit our Program Costs page.


Financial resources

The FSU Office of Financial Aid website is the best source for more information including financial aid application forms.

National Scholarships and Fellowships
For information on national fellowships and scholarships, visit the Office of National Fellowships for assistance.


MBA LOANS program

The MBA LOANS® program is the only loan program endorsed by the Graduate Management Admission Council® (GMAC®) as part of the mission to promote access to graduate management education. The MBA LOANS program is offered by Sallie Mae®, the largest student loan provider in the United States. MBA LOANS® has loaned over $2 billion to MBA students over the life of the program, and it is the largest loan program in the world for MBAs.

Additional financial aid and scholarship resources are available at mba.com.