Florida State University College of Business 2023 Dean's Annual Report
It is my honor to share the 2023 Dean’s Annual Report showcasing significant achievements by the Florida State University College of Business. We hope the breadth of our success offers further proof that strategic investments along our path to preeminence yield impactful academic, personal and professional results. Our world-renowned faculty members generate innovative research that informs and transforms business practice. Our talented student body embraces opportunities for advanced learning, shines at applying lessons learned and gleans even more knowledge through internships and expanding professional development opportunities. Our community, including faculty and staff members, alumni and friends, continually works to equip students with the latest skills in critical thinking, leadership and professional engagement – qualities that global companies increasingly demand. We also take pride in the success of our graduates – 73,000-plus and counting – as they leverage their business degrees to fuel their careers and thrive in their chosen industries. I know you’ll enjoy this report as it underscores the positive impact our college has on society and the growing reputation we’ve earned as one of the very best business schools in the world.
FSU Business Stands Among Nation's Best Public Schools
Based on rankings released by U.S. News and World Report during the 2023 school year
Dr. William T. Hold/The National Alliance Program in Risk Management and Insurance
Real Estate Program
Online Graduate Business Programs For Veterans
Real Estate MBA Specialty
Business Analytics MBA Specialty
Online Master's Degrees in Management Information Systems (MS-MIS) and Risk Management Insurance (MS-RMI)
Positioned for Preeminence
(BS to Master's)
2,510 degrees awarded during the school year ending in spring 2023
A community focused on all levels of learning
8,074 FSU students across campus took at least one course in the College of Business
An impressive list of accomplishments
A closer look at undergraduate demographics
Male
Female
White
Hispanic
Black/African-American
Asian
2 or More Races
Native Hawaiian/Native American/Pacific Islander
Top 10 home states
Florida
Georgia
New Jersey
New York
Pennsylvania
Illinois
North Carolina
Virginia
Ohio
Texas
Top 10 Florida counties
Leon
Hillsborough
Broward
Miami-Dade
Duval
Palm Beach
Collier
Bay
Orange
Lee
A breakdown in numbers by program and major
A snapshot of students enrolled for Spring 2023
A closer look at undergraduate majors
The number of majors exceeds the number of enrolled students by 647 due to some students pursuing multiple business majors. These numbers do not include 56 business majors counted at FSU’s Panama City campus.
Specialized Master’s enrollment by program
Master of Business Administration enrollment by format
MBA students pursuing a joint pathway with Law (JD/MBA) are admitted into the Accelerated, Full-Time format; those in the joint pathway with Social Work (MSW/MBA) are admitted into the Part-Time, Evening format. These numbers do not include the college’s new Accelerated, Evening format launched in fall 2023.
Ph.D. in Business Administration enrollment by major program
A value-added pursuit at a competitive price
Florida ranks No. 1 among all U.S. states for average tuition and fees required of residents attending FSU or other public 4-year schools. (U.S. News’ Best States Rankings, 2023)
Undergraduate tuition, fees
( per credit hour )
In Florida
Out of State
Graduate tuition, fees on campus
( per credit hour )
In Florida
Out of State
Online MBA/Master’s market rate, fees
(per credit hour)
In Florida
Out of State
A dream fulfilled is rising on the southeast side of the Florida State University campus. The College of Business continues to build its new showcase home, Legacy Hall, celebrating each milestone made possible by donors, state and local officials, college faculty and staff members, alumni and friends. At five stories and more than 218,000 square feet, Legacy Hall will become the largest academic space on campus. Construction began in February 2023, and the building promises to be transformative for the college, drawing even more exceptional students and world-renowned faculty members and providing more space and specialized surroundings that foster collaboration and innovation. With every step toward completion, the college is building a better future.
Showcasing Our New Facility
Planned cost: $160M
Five floors to accommodate future growth
Central atrium to promote connection and collaboration
Forum stairs with seating
300-seat auditorium for classes and speaking events
Multipurpose event space
Dedicated professional development space
Financial trading room
Contributing to the canon of literature shaping best business practices. Examining emerging economic issues. Challenging the status quo. These efforts of faculty members at the FSU College of Business are producing findings that immediately inform new business models and make an impact. The college ranks No. 1 in the percentage of published faculty among business schools and No. 3 among percentage published faculty whose work has been cited by others, according to the latest data provided by Academic Analytics. The college’s faculty also ranks No. 9 in overall research activity at Carnegie-classified public universities. The college also gives annual awards for junior and senior faculty research achievements and hosts research gatherings such as the FSU Truist Beach Conference, which features some of the world’s leading finance scholars presenting original research and debating issues related to the financial marketplace.
Published and prolific
Based on the latest information available from Academic Analytics, 2018-2022
In percentage of published faculty among business schools at Carnegie-classified public universities
In overall research activity at these schools, based on the Scholarly Research Index
Faculty publications
Faculty citations
Editorial appointments
Wayne Hochwarter
Melvin T. Stith Sr. Professor in Business Administration
For total number of citations of his research; for the i10 index, which reflects the number of articles with at least 10 citations; and for the H-index, which reflects the number of publications and the number of citations per publication (2023 AD Scientific Index)
Real Estate faculty
For most prolific faculty among all universities publishing in three core real estate journals (Real Estate Academic Leadership Rankings, December 2022)
Daekwan Kim
Spencer-Feheley MBA Professor
For research related to innovation and international business, according to a review of more than two decades of literature (Heliyon journal, 2023)
Accounting faculty
Among U.S. public universities – No. 5 worldwide – for archival audit research over the last six years (2022 BYU Accounting Rankings for Universities)
Tingyu Zhou
Dean Gatzlaff Associate Professor of Real Estate
Among real estate scholars with the most publications in top three core real estate journals (Real Estate Academic Leadership Rankings, January 2024)
Risk Management and Insurance faculty
Most prolific for all schools publishing in the top five RMI and actuarial science journals – and No. 5 for top RMI journals only – for 2018-2022 (University of Nebraska-Lincoln’s Global Research Rankings of Actuarial Science and Risk Management and Insurance, August 2023)
Business Analytics, Information Systems & Supply Chain faculty
For 2020-2023 research contributions among university faculties worldwide publishing in the Journal of Operations Management (The UTD Top 100 Business School Research Rankings)
Dr. Persis E. Rockwood School of Marketing faculty
For research related to innovation and international business, according to a review of more than two decades of literature in 20-plus principal journals (Heliyon journal, 2023)
Accounting faculty
Among U.S. public schools – No. 15 worldwide – for all audit research over the last six years (2022 BYU Accounting Rankings for Universities)
Chongyu Wang
Assistant Professor
Of real estate scholars with the most publications in top three core real estate journals (Real Estate Academic Leadership Rankings, January 2024)
Accounting faculty
Among U.S. public universities in amount of research
produced over the last six years (2022 BYU Accounting
Rankings for Universities)
Entrenched in expertise, FSU business faculty members employ teaching methods that drive home lessons and inspire. Professors infuse their lectures with the latest research findings on best business practices. Taught by full-time academics, instruction emphasizes individual attention and practical application. Top students take advantage of opportunities for accelerated or honors coursework. Whether fledgling freshmen contemplating business occupations for the first time or skilled professionals wanting to retool their careers, students can choose from a breadth of degree programs, majors and minors designed to help them succeed in their chosen industry.
Corporate leadership is not an overnight achievement. Today’s high achievers, industry disruptors and marketplace pioneers were once college students learning how to prioritize their coursework and part-time pursuits, such as internships or other extra-curricular activities while maintaining a thriving social network. At Florida State’s College of Business, we know students must often hone their leadership skills outside the classroom. That is why the college promotes internships, encourages involvement in student-run organizations and supports participation in intercollegiate case competitions. All these activities give FSU business students ample opportunity to supplement their studies with the practical experience and personal skills every employer seeks.
Career Placement Success
Based on latest surveys available, 2021-2022 graduates.
Percentage reporting new jobs secured after graduation
Bachelor's graduates
within 3 months
MBA graduates
within 6 months
Specialized master's graduates
within 6 months
Master's programs with highest placement rates 6 months out
Accounting
Management Information Systems
Risk Management and Insurance
Average starting salaries from new positions accepted within 6 months post-graduation
Does not include signing bonuses or graduates who continued to work with the same employer during school and after graduation
All bachelor's graduates reporting
All master's graduates reporting
All specialized master's graduates reporting
All MBA graduates reporting
Master's programs with highest average starting salaries
Based on those reporting new jobs within first 6 months post-graduation
MBA - Online format
Management Information Systems
Business Analytics
Finance
Top 25 Undergraduate Employers
Based on last 3 years of student surveys
A-LIGN
Amazon
Bank of America
Brown & Brown Insurance
Citigroup
Dell Technologies
Deloitte
Ernst & Young
Fidelity Investments
FIS
Fisher Investments
Grant Thornton
IBM
Invisors
JP Morgan
KPMG
Lockheed Martin
Northwestern Mutual
PricewaterhouseCoopers
Protiviti
Raymond James
RSM
Signature Consultants
Techtronic Industries
Wells Fargo
The FSU College of Business counts on industry support to keep its programs in sync with the latest business trends and demands, hire its graduates and advocate on behalf of the college. The college’s primary advisory group – the Board of Governors – stimulates financial support and sponsors signature events celebrating student, faculty and alumni achievements. Most disciplines feature their own advisory boards that provide, for example, ideas for new, relevant coursework and assistance in additional career opportunities for students. Many of these board members receive invitations to prestigious events such as the Charles A. Bruning Speaker Series or serve on distinguished panels for events such as business leadership summits.
Significant industry events
Proudly representing the College of Business, more than 73,000 graduates have gone on to lead key operations in all corners of the world. Known for their grit and for pushing the boundaries of the status quo, our alumni infuse their industries with innovation anchored in the skills and sound business practices first embedded at FSU. No matter how far their degree propels them, they often return to give the next generation of business leaders a boost. They offer their hard-earned expertise through one-on-one mentoring and classroom visits. They help fund student professional development, scholarships and state-of-the-art facilities, all essentials of a highly ranked business school. Through these sacrifices of time and resources, they demonstrate their belief in their alma mater’s ability to change lives and their commitment to upholding its gold-standard status.
Alumni Hall of Fame 2023 Inductees
For a full list of Alumni Hall of Fame members, visit business.fsu.edu/ahof
Christopher Iansiti
BS Finance ’92
MS Instructional Systems ’94
Founder of Iansiti Performance Group Inc.
Russell Kohl
BS Marketing ’88
President & CEO, Diablo/Freud Tools
Kyle Riva
BS Management ’77
CEO and President, Alexander Investments International
Nada Usina
BS Marketing &
Multinational Business ’93
MS Sport Management ’94
CEO, NU Search
Business alumni anchor Seminole 100
Alumni of the College of Business represent 41 businesses in the Seminole 100, an annual list that recognizes the fastest-growing companies owned or led by FSU alumni. Recognized in 2023, the list’s Top 10 includes the following operations led by business graduates:
- Perfect Plants Nursery, Alex J. Kantor (BS Management ’12) of Tallahassee, Fla.
- Simple Syllabus, Frank W. Miller (BS MIS and Entrepreneurship ’10) of The Villages, Fla.
- Sloane Staffing, Max A. Spanier (BS FIN ’11) of West Palm Beach, Fla.
- Native Realty, Jaime A. Sturgis (BS Marketing, Entrepreneurship ’12) of Fort Lauderdale, Fla.
“The outstanding alumni who own or lead these fast-growing businesses embody the entrepreneurial spirit that thrives at Florida State University,” President Richard McCullough said. “Their accomplishments reflect well on FSU and inspire a new generation of innovators and business leaders. We’re thrilled to celebrate their success.”
A complete listing of the latest fastest-growing FSU alumni businesses can be accessed at Seminole100.fsu.edu.