Tuition for two UF Master of Business Administration programs is on track to go up.
The UF Board of Trustees unanimously voted at a meeting Tuesday to increase tuition for Jacksonville and South Florida MBA programs. Both programs are projected to see a tuition rise of about 20%.
There are currently two weekend part-time MBA programs offered in Jacksonville: a one-year track and a two-year track. The market rate tuition for the one-year track will be increasing from $49,205 to $59,204. The two-year track’s tuition will be increasing from $59,808 to $71,807.
The South Florida MBA program track will also be increasing from $66,807 to $79,807. The last market rate adjustment for UF’s MBA program was made in 2015.
Reasons for increased market rate tuition include inflation and competition, said Joe Glover, UF interim provost.
“The rate of inflation over the past ten years has amounted to about 35%,” Glover said. “So a 20% increase in tuition is well below the rate of inflation.”
Compared to other MBA programs in Florida, he said, UF’s MBA tuition remains low.
Florida State University’s part-time MBA programs are listed under a range of costs from approximately $18,693 to $45,780. The University of South Florida’s MBA program has a tuition range of $17,000 to $32,000.
UF Board of Trustees Chair Morteza “Mori” Hosseini supported the tuition increase, calling UF is “underpriced.” He also emphasized the importance of increased quality with higher tuition.
“If you don’t have the quality, [students are] not going to come to us, and the competition is going to kill us,” Hosseini said.
The board also unanimously voted to relocate the Warrington College of Business’s one- and two-year MBA programs to the new graduate campus in Jacksonville, attributing the area as a good market for MBA students.
Both items will move to the Florida Board of Governors for approval.
Contact Leona Masangkay at lmasangkay@alligator.org. Follow them on X @leo_amasangkay.
Leona is a second-year journalism student and the Spring 2025 University Administration reporter. They previously worked as the Santa Fe reporter. In their free time, Leona enjoys going to the gym, watching Marvel movies and traveling the country for music festivals.
