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Florida Institute of Technology

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Florida Institute of Technology Business Programs

Florida Institute of Technology is a private not-for-profit institution located in Melbourne, Florida. The location of the school is great for students who enjoy the amenities of city life.

67 Undergraduate Degrees
391 Graduate Degrees
$39,078 Avg Cost After Aid (Undergrad)
70% Acceptance Rate

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Florida Institute of Technology Rankings

Our rankings are based on an outcomes-based approach rather than subjective ones used by other media outlets. As such, we utilize data from the Integrated Postsecondary Education Data System (IPEDS) and the College Scorecard, among other sources. Visit our rankings and methodology section to learn more.

Program Level Awards

These are highlights of some of the most noteworthy awards granted to specific programs at Florida Tech.

Rank Ranking Name Share
#69 Most Popular Business Administration & Management Master’s Degree Schools Tweet It - Post It

Awards From Around the Web

The following table lists some notable awards Florida Tech has earned from around the web.

Rank Ranking Name Source
#24 Best Interior Design Management Schools College Factual
#61 Best Business Administration & Management Colleges for Veterans College Factual
#91 Best Business, Management & Marketing Colleges for Veterans College Factual
#117 Best General Business Administration and Management Schools College Factual
#121 Best Business Administration & Management Schools College Factual
#196 Best Business, Management & Marketing Schools College Factual

Where Is Florida Institute of Technology?

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Contact details for Florida Tech are given below.

Contact Details
Address: 150 West University Boulevard, Melbourne, FL 32901-6975
Phone: 321-674-8000
Website: www.fit.edu
Facebook: https://www.facebook.com/FloridaInstituteofTechnology
Twitter: https://twitter.com/floridatech

How Do I Get Into Florida Tech?

You can apply to Florida Tech online at: https://www.fit.edu/apply/

Admission Requirements for Florida Tech

Submission Required?
High School GPA required
High School Rank recommended
High School Transcript required
College Prep Program recommended
Recommendations considered but not required
SAT or ACT Scores required
TOEFL required

How Hard Is It To Get Into Florida Tech?

70% Acceptance Rate
37% Of Accepted Are Women
75% Submit SAT Scores
The acceptance rate at Florida Institute of Technology is 70%. This means that is not quite as selective as some schools, but you'll still need to submit a good application if you want to be considered by the admissions department.

Approximately 63% of accepted students are men and 37% are women. The acceptance rate for men is 71%, and the acceptance rate for women is 69%.

Average Test Scores

About 75% of students accepted to Florida Tech submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 560 and 660. Math scores were between 570 and 670.

SAT Reading and Writing Scores for Florida Institute of Technology  ( 560 to 660 )
200
800

SAT Math Scores for Florida Institute of Technology  ( 570 to 670 )
200
800
Florida Tech received ACT scores from 34% of accepted students. When looking at the 25th through the 75th percentile, ACT English scores ranged between 22 and 30. Math scores were between 23 and 29. Composite scores were between 23 and 30.

ACT English Scores for Florida Institute of Technology  ( 22 to 30 )
1
36
ACT Math Scores for Florida Institute of Technology  ( 23 to 29 )
1
36
ACT Composite Scores for Florida Institute of Technology  ( 23 to 30 )
1
36

Can I Afford Florida Institute of Technology?

$39,078 Net Price
62% Take Out Loans
5.2% Loan Default Rate
The overall average net price of Florida Tech is $39,078. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.

Student Loan Debt

Almost 66% of college students who graduated with the class of 2018 took out student loans, but that percentage varies from school to school. At Florida Tech, approximately 62% of students took out student loans averaging $9,323 a year. That adds up to $37,292 over four years for those students.

The student loan default rate at Florida Tech is 5.2%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Florida Institute of Technology Undergraduate Student Diversity

3,013 Full-Time Undergraduates
31% Women
22% Racial-Ethnic Minorities*
There are 3,475 undergraduate students at Florida Tech, with 3,013 being full-time and 462 being part-time.

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There are also 3,300 graduate students at the school.

Gender Diversity

Of the 3,013 full-time undergraduates at Florida Tech, 69% are male and 31% are female.

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Racial-Ethnic Diversity

The racial-ethnic breakdown of Florida Institute of Technology students is as follows.

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Race/Ethnicity Number of Grads
Asian 77
Black or African American 165
Hispanic or Latino 330
White 1,659
International Students 623
Other Races/Ethnicities 159

Geographic Diversity

Florida students aren't the only ones who study at Florida Institute of Technology. At this time, 39 states are represented by the student population at the school.

Over 124 countries are represented at Florida Tech. The most popular countries sending students to the school are India, China, and Saudi Arabia.

Online Learning at Florida Institute of Technology

1,479 Took All Classes Online
2,031 Took At Least One Class Online
55.8% Avg Growth Over 4 Years
In 2019-2020, 2,031 students took at least one online class at the school.

The following chart shows how the online learning population at Florida Tech has changed over the last few years.

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Online Affordability Rankings of Florida Tech

During the most recent year for which we have data, the full-time undergraduate tuition at Florida Institute of Technology was $43,246 for both in-state and out-of-state students. The following table shows how Florida Tech is ranked for affordability for both in-state and out-of-state students among colleges and universities that are not mostly online.

Major Tuition for In-State Students Tuition for Out-of-State Students
Purchasing, Procurement/Acquisitions and Contracts Management #4 #4
Other Management Sciences and Quantitative Methods #7 #7
Transportation/Mobility Management #7 #7
Project Management #10 #10
Supply Chain Management #24 #24
Management Science #36 #36
Management Sciences & Quantitative Methods #44 #44
Non-Profit/Public/Organizational Management #52 #52
General Management Information Systems #65 #65
Management Information Systems #74 #74

Online Growth Rankings of Florida Tech

The average growth rate over the last four years of online students at Florida Institute of Technology was 55.8%. This is the #524 largest growth rate of all schools that are only partially online. This refers to all students at Florida Tech regardless of major.

The table below shows how the average growth rate over 4 years at Florida Tech ranks compared to all other partially online schools that offer a specific major. Note that the majors may or may not be offered online at Florida Tech.

Major Growth Rate Rank
Transportation/Mobility Management #4
Business Administration & Management #381

When we speak of partially online, we are referring to schools whose online population is less than 50% of its total student body. Mostly online refers to those with online populations greater than or equal to 50%.

Florida Institute of Technology Business Concentrations

The table below shows the number of awards for each concentration.

Major Bachelor’s Graduate Certificate Master’s Doctor’s TOTAL
General Business Administration and Management 11 0 161 2 174
Supply Chain Management 6 0 61 0 67
Purchasing, Procurement/Acquisitions and Contracts Management 0 3 43 0 46
Other Management Sciences and Quantitative Methods 0 0 42 0 42
Interior Design Management 1 0 28 0 29
Project Management 0 0 27 0 27
General Human Resources Management/Personnel Administration 0 0 13 0 13
General Management Information Systems 8 0 5 0 13
Accounting 10 0 0 0 10
Marketing/Marketing Management, General 10 0 0 0 10
International Business/Trade/Commerce 8 0 0 0 8
Non-Profit/Public/Organizational Management 0 0 5 0 5
Organizational Leadership 5 0 0 0 5
Public Relations, Advertising, & Applied Communication 5 0 0 0 5
Small Business Administration/Management 3 0 0 0 3
International & Intercultural Communication 0 0 1 0 1
Transportation/Mobility Management 0 0 0 0 0
Other Entrepreneurial and Small Business Operations 0 0 0 0 0
Management Science 0 0 0 0 0
TOTAL 67 3 386 2 458

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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