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Online Master of Forest Business
& Investment Degree
Auburn University’s new Forest Business and Investment Master of Science degree (FBI) is the first online business degree created to serve the unique needs of the forest industry, one of the largest industries in Alabama and the country, and a significant component of the national and global economy.
Recent business reports suggest most segments of the forest industry are poised for continual growth well into the next decade. Due to the complexities of this resource industry, forest businesses require a workforce skilled in both forestry technical skills, business techniques, and financial decision-making to maximize their return to investors.
Collaboratively taught with Auburn University’s Raymond J. Harbert College of Business, this non-thesis master’s program enables non-traditional students in Alabama and beyond to conveniently acquire these specialized skills from a top-ranking university with minimal disruption to their home life and current employment.
The FBI program builds upon a student’s forestry knowledge while providing expertise in business, finance, and investments specific to the forest industry. Students who lack significant forestry knowledge will also gain forest industry-specific skills through a blended curriculum.
The degree requires 31 credit hours, 16 to 19 from the degree core and an additional 12 to 15 elective credit hours chosen from curricula such as finance, business administration, supply chain management, accounting, and agricultural economics.
While earning their degree, students can also advance their careers with a professional graduate certificate in forest finance and investment or supply chain management with a combination of four of the required supply chain and business courses.
Quick Facts
- Non-thesis (no research, courses only)
- Convenient, online courses
- 31 credit hours required
- No GRE required
- Learn from expert faculty and industry leaders
- Enrollment open spring and fall!
Application Requirements
- Request information about our online programs
- Before applying, please contact sfwsgpo@auburn.edu to discuss your area of interest
- Apply easily online at http://graduate.auburn.edu
- Official undergraduate transcripts
- 2.75 GPA – exceptions considered with sufficient reasoning
- Resume and three letters of recommendation
- Letter of intent
Enrollment
To participate in the online Master of Forest Business and Investment degree program, students must apply to the Auburn University Graduate School. Graduate Record Examination (GRE) scores are not required.
Entrance to the program and AU Graduate School requires a 2.75 GPA. However, exceptions can be made if sufficient justification for the exception is provided to the CFWE Graduate Program Office.
Applicants are required to submit the online application to be admitted as a non-degree student, pay the online application fee ($60 or $70 domestic vs. international respectively) and submit transcripts for the highest degree they currently hold. International applicants must also submit an English proficiency score.
Students may enroll twice per year to begin their coursework in the spring or fall semesters. All application materials must be received no later than 45 days before the first day of class of the semester. For deadlines and other details, visit http://graduate.auburn.edu/prospective-students/general-admission-requirements/.
Fees
The degree requires 31 credit hours of graduate course work at $900 per credit hour. Tuition may be subject to change.
Courses
Of the 31 credit hours, a minimum of 16 hours must be from the Degree Program Core. If students do not have a sound forestry background, they must take FORY 7320. The remaining 12 – 15 credits for the degree can be chosen from the supporting electives based on student interest.
Degree Program Core: 16 – 19 credits of core courses are required. All core courses are offered online. The Assembly and Capstone course will be online except for an end of the semester multi-day meeting in-person in Auburn, Alabama. Students without a forestry background are required to complete FORY 7320. Consult course schedule or check with instructor for availability.
Course Number | Course Name | Credit Hours |
---|---|---|
FORY 7320 | Forest Growth, Silviculture, and Management | 3 |
FORY 7400 | Forest Valuation and Economics | 3 |
FORY 7650 | Forest Operations and Wood Supply Chain Management | 3 |
FORY 7620 | Forest Finance, Accounting and Taxation | 3 |
BUSI 7110 | Financial Analysis* | 3 |
FORY7350 | Forest Statistics | 3 |
FORY7300 | Assembly and Capstone | 1 |
* Non-CFWE course: for BUSI, FINC, SCMN courses, please contact Mrs. April Hurley, Graduate Student Services Coordinator, Harbert College of Business at ash0008@auburn.edu.
Supporting Electives: 12 -15 credits are required or any 4 – 5 courses included in the table below. All courses are offered online. Consult course schedule or check with instructor for availability.
Course Number | Course Name | Credit Hours |
---|---|---|
Finance: | ||
FINC 6250 | Real Estate Finance (BUSI 7110 is prerequisite) | 3 |
FINC 6260 | Real Estate Investment (BUSI 7110 is prerequisite) | 3 |
FINC 7640 | Advanced Investments (BUSI 7110 is prerequisite) | 3 |
Business Administration: | ||
BUSI 7120 | Quantitative Analysis for Business Decisions | 3 |
BUSI 7130 | Strategic Analysis and Competitive Environment | 3 |
BUSI 7140 | Organizational Leadership, Ethics and Change | 3 |
BUSI 7150 | Operational Excellence Through Supply Chain & Quality Management | 3 |
BUSI 7230 | Cost Analysis and Systems | 3 |
BUSI 7250 | International Business Operations | 3 |
Supply Chain Management: | ||
Supply Chain Management Innovation * | ||
SCMN 7600 * | Supply Management and Manufacturing | 3 |
SCMN 7700 * | Demand Management and Fulfillment | 3 |
SCMN 7800 * | Supply Chain Strategy | 3 |
Supply Chain Planning * | ||
SCMN 6600 | Supply Chain Planning | 3 |
SCMN 6720 | Quality and Process Improvement | 3 |
BUSI 7120 | Quantitative Analysis for Business Decisions | 3 |
Supply Chain Operations * | ||
SCMN 6500 | Inventory and Warehouse Management | 3 |
SCMN 6720 | Quality and Process Improvement | 3 |
ISMN 6390 | Integrating Business Processes with ERP | 3 |
Other Supply Chain Courses | ||
SCMN 7770 | Supply Chain Management | 3 |
Accounting: | ||
ACCT 6700 | Advanced Business (Accounting) Law | 3 |
Agriculture Economics: | ||
AGEC 6010 | Farm Management | 3 |
* BUSI 7150 is required for SCMN 7600, 7700, and 7800 and the three Supply Chain Management curriculum areas to earn a graduate certificate within one of the respective areas. Contact Dr. Jessica Daniel for more information.
Need help getting started?
For guidance regarding curriculum choices, admissions policies, and deadlines, please contact Dr. Jessica Daniel at jrd0084@auburn.edu or (334) 844-1077 or submit a request for information about our online programs.
Specific questions concerning the Forest Business and Investment degree and courses can be addressed to Dr. Adam Maggard at adm0074@auburn.edu (334) 844-2401.
Request More Information
Forestry and non-forestry professionals can now acquire and/or build upon their forestry knowledge while gaining valuable expertise in forest resource-related business, finance, and investment. The first online business degree unique to the forest industry, this non-thesis master’s program enables working professionals to advance their careers through graduate education while maintaining their home life and current employment.
Carter Crosby
“I’m grateful that it is working out in the way I hoped; this knowledge is allowing me to step up and take on more management-type roles and be involved with more what I call front office decisions that before were outside of my reach.”
Marc Walley
“More and more of our work is oriented toward understanding and using information to make better decisions and be better managers. Data analytics, financial and investment analysis continue to be areas we need to improve. I think this program will have a huge impact on developing these technical skills.”
Jessica Daniel
“The degree is flexible and customizable to the student’s pace and interests with whatever they have going on outside of school. We know that most of these students are full-time professionals, and they need that flexibility.”
Jim Parrish
“We have a Graduate Certificate in Supply Chain Planning, Supply Chain Operations, and Supply Chain Innovation. That’s an additional credential that these students can earn. So, when they leave Auburn, they have both the master’s degree and their graduate certificate.”
Adam Maggard
“This degree provides students with an understanding of the forestry-based skills and applications and the business skills needed to function effectively in the forest business and investment sector.”