I'm totally satisfied with the education I've been receiving through Florida Tech. I wish I could attend a public university in person, but I'm studying at my own pace, fitting it in between my current challenging work and home schedules. My opinion is highly favorable thus far. This is NOT a degree mill.
I have been enrolled in the graduate business program at Florida Tech since December of '09. I had to go completely online with my studies because of my awkward work schedule and the fact I have two children. I am finishing my third class now--Managerial Economics--and it's not been a cakewalk by any means, but I got a lot out of it, primarily because I study hard and committed myself to doing well in school, making my investment worthwhile.
I've read plenty of negative reviews about this school, and it's a shame those people feel jilted, but I don't believe it's a scam. A business, definitely, but not a scam. Yes, it's a bit expensive, but that's what you get with a private institution. I could have enrolled at the University of South Florida or Florida, but those are blended programs that require weekend attendance. I work weekends.
If you think about it, Florida Tech utilizes the University Alliance, run by Bisk Education...which was founded by Nathan M. Bisk, the person whose name is branded to the Florida Institute of Technology College of Business.
The texts they sell are the same ones used by other schools around the country. A little expensive, yes, but you are paying for convenience. Someone's doing the shopping for you and they have to pay to store the books, have a person to ship them, and to ship via FedEx. All of my course materials have arrived about four weeks prior to the start of that class.
All universities and educational institutions have dud instructors. I had plenty of them as an undergraduate years ago in another state. My first class with FL Tech had an instructor who was slow to respond to my requests and she did not participate in online discussions, but the two courses that followed had professors who were immersed and engaged. They responded to my emails and participated in the discussion boards.
My last class, Managerial Economics, had a fantastic professor. He pointed us to outside tutorial resources in addition to the discussion boards, the pre-recorded studio lectures, and the book readings...and homework. All of it helped me absorb the information. I had encouragement when I discovered I was having trouble and my homework came back to me with comments in red to help me better understand what I had done incorrectly.
People need to know they are responsible for the outcomes of their education and online learning requires discipline. Perhaps those disgruntled posters should do a better job at doing their homework, so to speak, prior to enrollment. I spent a considerable amount of time looking in to other alternatives. I sought information from Florida State, UF, USF, Arizona State and even my alma mater, Bowling Green State University. None of them were going to work for me because of my work schedule. One of the most useful discoveries I made while interviewing with these schools concerns accreditation.
Florida Tech's College of Business IS accredited. In fact, the university itself is aligned with all those major schools I just listed. The difference in accreditation lies within the College of Business. Each separate college or department of a university receives accreditation that states the school meets a fairly high standard for teaching in that area.
Florida Tech is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools (SACS), where you will find such schools as Florida State, University of Miami, University of South Florida, Georgia Tech, Louisiana State, and many more major schools from North Carolina to Texas.
Here's where it gets confusing for some. The Florida Tech College of Business has a REGIONAL accreditation from the SACS (mentioned above), but it does not yet have INTERNATIONAL accreditation from the Association to Advance Collegiate Schools of Business (AACSB). What's the difference? An international accreditation means your credits are more likely to transfer and your education MAY carry a little more gravitas on the job market. The AACSB accreditation is difficult to achieve and claims only 25% of the business schools in the U.S. achieve this accreditation. Florida Tech is not on this list.
When I was interviewing with USF's College of Business, I was warned that my Florida Tech credits would not transfer over since they did not have AACSB accreditation. I understood the consequences in advance, but chose to continue with Florida Tech because to educate myself at 48 years old was more important to me than waiting for who-knows-how-long before I could make a move and attend a bigger business school. For me time is valuable and I can't afford to waste it simply waiting for things to change.
This does not mean that an education from Florida Tech is any less worthy than an education at UF, for example. It's what you do with the knowledge given. I honestly do question how some of the people that have been in my class will fare in the real world. And I wonder how they got in to a master's level program with such poor grammar and writing abilities.
Some of the postings have been laughable. I have no idea if those people have been excised or graded for their poor performance, but that is not my concern. I am focused on absorbing my education and making the most of the opportunities I have before me.
I hope this helps you make a decision on whether or not the Florida Institute of Technology is right for you.