Wake Forest University

2 Programs 1 Degree levels
Masters

Master of Divinity and MA in Management

DegreeMasters
FieldTheology & Religious Studies
A

Cost & earnings at Wake Forest University What students borrow here, and what they go on to earn

You borrow $21,500 median federal debt
You repay $244/mo over 10 years
Graduates earn $78,158 10 yrs after entry
Debt clears in 0.6 yrs of the salary premium
US Department of Education figures See the full breakdown →

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.

Programme overview

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.

What you'll study

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.

Entry requirements

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.

Career prospects

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.

Scholarships & funding angle

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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Programme details are indicative and may change — always verify current information with the official university website before applying.