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Florida State University College of Business 2024 Dean's Annual Report

A Stellar Year!

What an amazing year of achievement at the Florida State University College of Business! I am honored to present the 2024 Dean’s Annual Report showcasing our most remarkable accomplishments and the forward-thinking approaches that elevate every member of our college community. Every day our exceptional faculty members – known for their groundbreaking research and inspirational teaching – influence new generations of students to embrace professional opportunities and fulfill their leadership potential. Bolstered by our dedicated staff members, engaged alumni and supportive industry partners, the college remains committed to cultivating the critical thinking and advanced leadership skills that companies demand. As we celebrate our 75th year throughout 2025, this annual report reflects the college’s global significance and our continued success at connecting business graduates with fulfilling careers and their best and brightest futures.

Thank you for your enthusiastic support of the College of Business, both now and in the future!

Michael Hartline
Dean and Charles A. Bruning
Professor of Business Administration

FSU Business Stands Among Nation's Best Public Schools

Based on rankings released by U.S. News and World Report during 2024 

# 4

Dr. William T. Hold/The Alliance's Program in Risk Management and Insurance - Undergraduate Studies

# 4

Real Estate - Undergraduate Studies

# 6

MBA Marketing Specialty

# 14

Online MBA for Veterans

# 14

Online Master’s Degree in Management Information Systems
(MS-MIS)

# 14

Online Master’s Degree in Risk Management and Insurance
(MS-RMI)

# 16

Online MBA

# 25

Accounting - Undergraduate Studies

Positioned for Preeminence

3
Undergraduate Minors
9
Undergraduate Majors
6
Master's Degrees
9
MBA Specializations
12
Combined Pathways

(Bachelor's to Master's)

7
Doctoral Majors

A community focused on all levels of learning

7,005
Total Enrollment Seeking Business Degrees
6,367
Undergraduate
596
Master's
42
Ph.D.
112
Faculty
78
Staff

An additional 1,203 non-business students took at least one course in the College of Business. That adds up to 8,208 FSU students, regardless of major or degree, with a business course on their class schedule.

A snapshot based on Spring 2024

 

An impressive list of accomplishments

24 %
Growth in undergraduate enrollment over the past five years
164
Number of undergraduates accepted into a combined pathway, which provides a head start on graduate school
129
Graduate students receiving assistantships
95 %
Percentage of business freshmen who returned for their sophomore year
472
Number of undergraduates also pursuing a minor in business analytics or general business
$ 81.4M
Financial endowment
83 %
First-Time-In-College (FTIC) business freshmen who started school in 2019 and graduated in four years
62
Continuous years of accreditation granted by the Association to Advance Collegiate Schools of Business (AACSB International)
$ 922,925
Scholarship funding awarded to students

A closer look at undergraduate demographics

Male – 58.8%

Female – 41.2%

White – 63.1%

Hispanic – 22.7%

2 or More Races – 4.2%

Asian – 3.6%

Black/African-American – 3.4%

Other* – 3.0%

* Includes 2.9% Not Specified and 0.1% Native Hawaiian/Native American/Pacific Islander

 

Top 10 home states

1

Florida

2

Georgia

3

New Jersey

4

New York

5

Pennsylvania

6

Texas

7

North Carolina

8

Illinois

9

Massachusetts

10

Ohio

Top 10 Florida counties

1

Leon

2

Miami-Dade

3

Broward

4

Palm Beach

5

Pinellas

6

Hillsborough

7

Orange

8

St. Johns

9

Duval

10

Seminole

A closer look at undergraduate majors

A snapshot based on Spring 2024

Finance – 2,548

Marketing – 1,493

Management – 869

Accounting – 696

Management Information Systems – 471

Real Estate – 454

Risk Management/Insurance – 298

Professional Sales – 261

Human Resource Management – 70

The number of majors exceeds the number of 6,367 enrolled undergraduate business students in spring 2024. That’s because more than 900 business students are pursuing more than one business major. These numbers also do not include business majors counted at FSU’s Panama City campus.

A breakdown of degrees awarded

2,453 total business degrees during 2024

2,219
Undergraduate
224
Master's
152
MBA
72
Specialized Master's
10
Ph.D.

A wide range of graduate offerings

Master of Business Administration Formats

Accelerated, Full-Time MBA on campus – Includes Joint Pathway with Law (JD/MBA)

Accelerated, Evening MBA on campus

Online, Part-Time MBA

Part-Time, Evening MBA on campus – Includes Joint Pathway with Social Work (MSW-MBA)

Specialized Master’s Degrees

Accounting (MAcc) on campus

Business Analytics (MS-BA) on campus

Finance (MSF) on campus

Management Information Systems (MS-MIS) online

Risk Management and Insurance (MS-RMI) online

Ph.D. in Business Administration Majors

Accounting

Finance

Management Information Systems

Marketing

Organizational Behavior and Human Resources

Risk Management and Insurance

Strategy


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, 2024)

Undergraduate tuition, fees
( per credit hour )

$ 215.55

In Florida

$ 721.10

Out of State

Graduate tuition, fees on campus
( per credit hour )

$ 479.32

In Florida

$ 1,110.72

Out of State

Online MBA/Master’s max market rate, fees
(per credit hour)

$ 720.18

In Florida

$ 810.24

Out of State

Building a Legacy

After nearly two years of construction, the college’s future home bears the magnificent look of artist renderings that emerged years ago when Legacy Hall stood only as a bold dream. Its multi-gable roof, brick walls and large mullion windows are all well in place, helping the state-of-the-art building exude the spirit of Florida State University’s Jacobean architecture. At 218,392 gross square feet, the building will mark the largest academic space on campus, with an emphasis on academic and professional collaboration – including interview rooms and a cafe. The five-story, $160 million facility is a testament to the vision of college, university and state government leaders and the generosity of alumni and friends. Significant philanthropic investments made construction possible and helped the college keep pace with rising construction costs. Legacy Hall is scheduled to be completed in fall 2025, with the first classes underway in spring 2026.

Showcasing Our New Facility

Building Area: 218,392 GSF  /  Program Space: 124,193 NSF

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

Research with Impact

Driving real-world innovation leading to new knowledge, the groundbreaking research generated at the FSU College of Business continues to influence business strategy worldwide. Business scholars often contribute to solutions sought for today’s most complex business challenges. Their work, which demands a constant commitment to collaboration and scholarship, once again placed the college among the Top 10 of all business schools – public or private – for key measures related to research production and impact. Based on a thorough examination of metrics – including counts of publications, citations of those published works by other scholars and overall research activity – Academic Analytics determines the rating as part of its periodic evaluation of all business schools at universities with high-research, Carnegie classifications. The college also hosts research colloquia, symposia and conferences, providing an opportunity for leading scholars to deliver and discuss original research, and makes a point to honor its most notable junior and senior scholars annually.

Six Eminent Scholars

James Ang

Bank of America Eminent Scholar in Finance
Department of Finance

Patricia Born

Payne H. & Charlotte Hodges Midyette Eminent Scholar in Risk Management and Insurance
Department of Risk Management/Insurance, Real Estate and Legal Studies

Michael Brusco

Haywood & Betty Taylor Eminent Scholar in Business Administration
Department of Business Analytics, Information Systems and Supply Chain

J. Joseph Cronin

John R. Kerr Eminent Scholar in Marketing and Service Innovation
Dr. Persis E. Rockwood School of Marketing

Bruce Lamont

Jim Moran Eminent Scholar in Business Administration
Department of Management

G. Stacy Sirmans

J. Harold & Barbara M. Chastain Eminent Scholar in Real Estate
Department of Risk Management/Insurance, Real Estate and Legal Studies

Published and prolific

Based on the latest information available

Top 10

among all Carnegie-classified business schools nationwide – public or private – for percentage of published faculty, percentage of faculty with published work cited by others and the amount of overall research activity, based on the Scholarly Research Index

(Academic Analytics)

363

Faculty publications

(Academic Analytics)

7,885

Faculty citations

(Academic Analytics)

33

Editorial appointments

(Faculty survey)

Top 3 %

Wayne Hochwarter

Melvin T. Stith Sr. Professor of Business Administration
For total number of citations of his research; for an index that reflects the number of articles with at least 10 citations; and for another index that reflects the number of publications and the number of citations per publication (AD Scientific Index)

# 2

Real Estate Faculty

Among real estate scholars with the most publications in the top three core real estate journals (Real Estate Academic Leadership Rankings)

# 3

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)

# 3

Accounting Faculty

Among U.S. public universities – #5 worldwide – for archival audit research over the last six years (BYU Accounting Rankings for Universities)

# 4

Tingyu Zhou

Dean Gatzlaff Associate Professor of Real Estate
Among real estate scholars with the most publications in the top three core real estate journals (Real Estate Academic Leadership Rankings)

# 4

Risk Management and Insurance Faculty

Most prolific for all schools publishing in the top five RMI and actuarial science journals – and #5 for top RMI journals only – in the latest review of five years of published work (University of Nebraska-Lincoln’s Global Research Rankings of Actuarial Science and Risk Management and Insurance)

# 7

Business Analytics, Information Systems & Supply Chain Faculty

For the latest four-year review of research contributions among university faculties worldwide publishing in the Journal of Operations Management (The UTD Top 100 Business School Research Rankings)

# 8

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)

# 10

Accounting Faculty

Among U.S. public schools – #15 worldwide – for all audit research over the last six years (BYU Accounting Rankings for Universities)

# 10

Chongyu Wang

Assistant Professor
Of real estate scholars with the most publications in top three core real estate journals (Real Estate Academic Leadership Rankings)

# 10

Accounting Faculty

Among U.S. public schools – #14 worldwide – for all audit research over the last six years (BYU Accounting Rankings for Universities)

# 16

Accounting Faculty

Among U.S. public universities – #25 worldwide – in amount of research produced over the last six years (BYU Accounting Rankings for Universities)

Advancing in Academics

In delivering FSU’s elevated education, business professors not only build bedrock business knowledge into the curriculum, but they also guide students in applying lessons learned. This winning combination provided by a world-renowned faculty serves every student, from the freshman figuring out the best path to professional success to the seasoned supervisor pursuing a graduate degree to maximize his or her career potential. The College of Business’ breadth of academic offerings embedded within its degree programs — majors, minors and specializations — equips students with expertise in areas of high demand, such as how to best implement artificial intelligence, or AI, in the workplace. As the college’s academic options increase, so does support. Assistant chairs have been added to most academic units to help with administration and oversight. The college’s research centers connect students and faculty members with industry opportunities that align with their discipline and interests. This constant push for industry-endorsed skills gives FSU business students a competitive edge.

Engaged Beyond the Classroom

The benefits of being a business student at Florida State University do not end when class is over. The college boasts an entire infrastructure of career services and learning experiences to supplement its curriculum. The college knows employers consider more than academic success when determining which candidate best fits their team’s culture and expectations. Recruiters review resumes for proof of that extra investment in activities that hone leadership abilities and emphasize skill building. That is why the college promotes internships, encourages participation in student organizations and supports involvement in industry competitions. With every outside opportunity, FSU business students gain perspective and practical experience to supplement their studies.

Successful Career Outcomes

Based on latest surveys available.

Percentage of graduates employed within 3 months after graduation

84 %

Bachelor's graduates

82 %

MBA graduates

86 %

Specialized master's graduates

Master's programs with highest placement rates 3 months out

95 %

Accounting

95 %

MBA - Part-Time, Evening format

94 %

Management Information Systems

Average salary of graduates employed within 3 months of graduation

Does not include signing bonuses

$ 85,230

All MBA graduates reporting

$ 81,583

All master's graduates reporting

$ 76,357

All specialized master's graduates reporting

$ 61,750

All bachelor's graduates reporting

Master's programs with highest average salaries

Based on those employed within 3 months of graduation

$ 106,033

Risk Management and Insurance

$ 95,824

MBA - Online, Part-Time format

$ 95,017

Management Information Systems

$ 80,625

Business Analytics

Top 25 Undergraduate Employers

Based on last 3 years of survey data

Accenture

Aldi

Bank of America

Brown & Brown Insurance

Charles Schwab

Citigroup

Deloitte

Enterprise

EY

Florida State University

Invisors

JP Morgan

KPMG

Marsh & McLennan Agency

NextEra Energy

Northwestern Mutual

Protiviti

Publix

PwC

Raymond James

ReliaQuest

RSM

State of Florida

Tom James Company

Wells Fargo

Industry Investment

The cycle of success at the FSU College of Business is anchored in its relationship with industry partners who share emerging workforce needs, hire graduates and support the college through sponsorships and internship opportunities.The year began with the college hosting the inaugural FSU Business of Healthcare Summit, keynoted by Pat Geraghty, president and CEO of GuideWell, parent company of insurance giant Florida Blue. Academic units, institutes and centers throughout the college host similar events focused on their business discipline. They seek the wise counsel of industry advisory boards, ensuring teaching and professional development fulfill pressing needs on the frontlines of business. These same industry leaders also interact with students, accepting invitations to speak as honored guests in classrooms or at events such as the prestigious Charles A. Bruning Speaker Series. The college also relies on its primary advisory group – the Board of Governors – to encourage additional financial support and sponsor signature events honoring student, faculty and alumni accomplishments.

Engagement by the Numbers

1,269

Undergraduates participating in internships

73

Industry networking events

165

Classroom speakers

9

Industry advisory boards

Significant Industry Events

Accomplished Alumni

Accepting the role of enthusiastic ambassadors, the College of Business’ more than 75,700 alumni represent the far reach and significant outcomes of an FSU business degree. They can trace their affection for the college to a shared starting place – a class seat alongside other newly minted business majors who embraced a world of possibilities. They then pursued worldwide industry posts that reflect their interests and new skills. Their resulting career stories – familiar in the beginning, yet wide-ranging in job titles and achievements – resonate with the FSU business students they meet on return visits to campus to support, mentor or hire. Nurtured by their own fond memories and the growing realization of all the college has provided them, alumni seek ways to pay it forward. They invest their time and financial resources toward replicating high-quality programs and improving outcomes – all aimed at keeping the college internationally competitive.

Alumni Hall of Fame 2024 Inductees

For a full list of Alumni Hall of Fame members, visit business.fsu.edu/ahof

James “Chef” Barlow

BS Marketing ’95
Founder & CEO, Blue Air Training Corp.

Kevin S. Little

BS Accounting ’92
Co-Founder & CEO, Health Advocates Network, Inc.

Bethany Schenk

BS Risk Management/Insurance ’92
Founder & CEO, Web Benefits Design and BeneTek Corporation

 

Business Alumni Lead FSU's Top 2024 Flourishing Firms

Alumni of the College of Business represent 42 businesses in the Seminole 100, an annual list that recognizes the fastest-growing companies owned or led by FSU alumni. The 2024 Top 10 includes the following operations led by business graduates:

No. 1 Southern Spear Properties, Sean Compton (BS Real Estate ’08) of Chattanooga, Tenn.
No. 4 Health Advocates Network, Kevin S. Little (BS Accounting ‘92) of Parkland, Fla.
No. 8 Stewart Simmons, Shena Simmons (BS Marketing and Finance ’07) of Atlanta, Ga.

Compton leads two additional companies that made the 2024 list: Tomahawk Crane & Rigging and Southern Spear Ironworks.

“The number of our alumni on this impressive list and the remarkable performance of their businesses illustrate our college’s rich tradition of teaching business skills and leadership, inspiring innovation and producing graduates who, through grit and perseverance, thrive in anything they do,” said Michael Hartline, dean of the college.

A complete listing of the latest fastest-growing FSU alumni businesses can be accessed at Seminole100.fsu.edu.

Seminole 100

Address 821 Academic Way, Tallahassee, FL 32306-1110

Phone 850-644-3090

Fax 850-644-0915

© 2025, Florida State University - College of Business, All Rights Reserved. Accredited by AACSB International.