Cost & earnings at Wake Forest University What students borrow here, and what they go on to earn
A combined Master of Divinity and Master of Arts in Management integrates professional theological formation with foundational management training. Suited to students pursuing leadership roles in congregations, faith-based organizations, or nonprofit settings that require both pastoral competence and organizational skills.
This dual-degree pathway pairs the theological, pastoral and formational emphases of a Master of Divinity with the organizational, administrative and leadership-focused curriculum of a Master of Arts in Management. The result is a program designed to prepare graduates for ministry and leadership roles where theological grounding and practical management abilities are both essential.
Coursework combines disciplines typical of each degree stream. In the divinity component students engage biblical studies, theology, pastoral care, liturgy, preaching, and supervised ministry formation. The management component covers topics such as organizational behavior, ethics in leadership, finance and budgeting basics for nonprofits, strategic planning, and communication for leaders. Integrated learning experiences often include field education, team projects and opportunities to apply management techniques in ministry contexts.
Applicants are normally expected to hold a bachelor’s degree and to submit academic transcripts, personal statements outlining vocational goals, and references—often including one addressing ministerial potential for the divinity component. Admissions may also consider prior ministry experience or leadership roles. Specific portfolio items, interviews, or denominational endorsements can be part of the evaluation depending on denominational affiliation and program policies.
Graduates are prepared for a range of roles that bridge ministry and management: pastoral leadership in congregations, executive or program leadership in faith-based and nonprofit organizations, campus or community chaplaincy with administrative responsibilities, and consultancy or development roles that require both theological insight and organizational competence. The dual training also supports further academic study or specialized certification in ministry fields.
Students should explore institution-level scholarships for divinity students, need-based aid, merit awards from the management school, and denominational or denominationally-affiliated funding sources. Work-study, graduate assistantships tied to teaching or campus ministry, and external fellowships for nonprofit leadership are common avenues to defray costs. Prospective applicants should contact both the divinity and management admissions offices to identify funding structures applicable to a combined program.
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