Correct. This concept was rooted in Roman Catholic Scholasticism, but was not rejected by the Reformers. Later, non-Reformed churches also adopted this idea. But the Bible does not teach this at all. Indeed, the rabbinical schools were at enmity with Christians. And today most seminaries are hotbeds of Theological Liberalism.
According to Scripture, every local church should also be a Bible Institute, where faithful men teach other faithful men and hand down the apostles' doctrine from generation to generation. The elders (plural) are to be appointed from within the local church. And they should have the various gifts for the ministry of the Word.
Having then gifts differing according to the grace that is given to us, whether prophecy, let us prophesy according to the proportion of faith; Or ministry, let us wait on our ministering: or he that teacheth, on teaching; Or he that exhorteth, on exhortation: he that giveth, let him do it with simplicity; he that ruleth, with diligence; he that sheweth mercy, with cheerfulness. (Rom 12:6-8)
As we can see, these gifts would be among the elders, therefore a one-man ministry is excluded. Also Christian liberality is a spiritual gift. "Simplicity" means sincerity and generosity.
According to Scripture, every local church should also be a Bible Institute, where faithful men teach other faithful men and hand down the apostles' doctrine from generation to generation. The elders (plural) are to be appointed from within the local church. And they should have the various gifts for the ministry of the Word.
Having then gifts differing according to the grace that is given to us, whether prophecy, let us prophesy according to the proportion of faith; Or ministry, let us wait on our ministering: or he that teacheth, on teaching; Or he that exhorteth, on exhortation: he that giveth, let him do it with simplicity; he that ruleth, with diligence; he that sheweth mercy, with cheerfulness. (Rom 12:6-8)
As we can see, these gifts would be among the elders, therefore a one-man ministry is excluded. Also Christian liberality is a spiritual gift. "Simplicity" means sincerity and generosity.
In this world are the church and seminary separate institutions or are they the same institution?
As far as I know the only institution that is authorized in the new testament is the church.