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600 South Clyde Morris Blvd
Daytona Beach, FL 32114-3900
p. (800) 388-ERAU
f. (386) 226-7111

College of Business

College of Business Rating: 5.0/5 (1 votes)


The Aviation Business Administration Department offers the Master of Business Administration in Aviation (MBA/A). Other programs include work-study and internship programs, joint research with NASA’s Florida Space Grant Consortium and the Arizona Consortium, and cooperative research agreements with the University of Central Florida in aviation and space science and technology. The strongest area of study is aviation business. Regular programs bring distinguished speakers and visiting professors to campus.

Thirty-nine total credits are required to complete the MBA/A, including 12 elective credits. Required courses for the MBA/A include:

  • Operation Research
  • Business Research Methods
  • Marketing Management
  • Accounting for Decision Making
  • Managerial Finance
  • Organizational Behavior, Theory, and Applications in Aviation
  • Global Information and Technology Management
  • Advanced Aviation Economics
  • Business Policy and Decision Making
  • thesis or graduate research project

Students may eliminate or substitute requirements by taking human resource management or organizational behavior courses at the undergraduate level.

Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time is 12 months; maximum, 7 years. For students attending part time, the maximum is 7 years.

In a recent year, there were 13 total full-time graduate business faculty, of whom 92% held a doctorate; there was 1 part-time faculty member. Faculty salaries are rated below average for Category IIA institutions, based on the AAUP rating system. Average business class size is 17.


A bachelor’s degree is required, along with a GPA of 2.5 and a GMAT score of 450. Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is required.

The number of applicants for a recent year class was 70; 50 were accepted; 27 enrolled. The average GPA was 3.3; average GMAT score was 550. Transfers are accepted. Minority students are actively recruited by attending targeted schools’ career days, utilizing MGLS, and offering fellowships.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, and 3 letters of recommendation. Students are notified within 3 weeks of applying of the admissions decision. Students may be admitted conditionally, pending receipt of test scores. Once accepted, students may defer admission for 1 year. Check with the school for current application deadlines and fee.

Financial Aid

About 30% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $16,192 annually; maximum $23,340. The FAFSA is required. Check with the school for current application deadlines.

Tuition for all students is approximately $955 per credit, or $17,190 per year. On-campus room and board costs approximately $11,500; books and supplies, $800; personal expenses, $4490; and other fees, $570, for an estimated annual total of $34,550. Graduate student housing is available off or on campus. There is a referral service to help procure off-campus housing.


Fifty-six percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from foreign countries (52%). Twenty-two percent are women, 72% are minorities, and 52% are foreign nationals. The average age at entrance is 27; ages range from 21 to 46. Students’ undergraduate majors were as follows: 48%, business; 25%, engineering; and 4%, math and science.

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