University of Miami MBA Program: A Comprehensive Overview
The University of Miami Herbert Business School offers a range of MBA programs designed to equip professionals with the skills and knowledge needed to thrive in today's dynamic business environment. These programs cater to various needs, from full-time immersion to part-time flexibility, and emphasize the development of innovative ideas and principled leadership. The Miami MBA program focuses on developing holistic, integrated knowledge for its graduates, emphasizing key fundamental skills throughout the curriculum.
MBA Program Options
The University of Miami Herbert Business School offers several MBA program options, including:
- The Miami MBA (Two-Year Full-Time MBA): This innovative, flexible, and career-focused program is designed for candidates with an undergraduate degree in any field and with work experience who seek advanced business expertise. The curriculum not only prepares students for leadership in business but adds a valuable dimension to other professions. The Miami Business School's full-time MBA program is 57 credit hours and is completed in less than two calendar years. The curriculum provides a framework that accelerates growth. Students gain new perspectives and have the opportunity to prove and polish their leadership skills. They learn to think critically across subjects, linking their knowledge of management, economics, and marketing with finance, business law, and technology. Students are required to complete one two-credit elective from an approved list of courses in the areas of accounting, finance, and management Science.
- Accelerated MBA Program: This program allows eligible students to fast-track their career through hands-on opportunities in the city that is shaping the future of business. The Accelerated MBA gives eligible students the unique opportunity to earn an MBA in less than a year. Candidates with an undergraduate degree in business or a graduate degree in business or related discipline are encouraged to apply. The program begins in January and runs through December, for a duration of 10 months.
Curriculum and Learning Outcomes
The MBA curriculum is designed to develop innovative ideas and principled leaders that transform global business and society. The curriculum incorporates the most relevant skills needed by today’s leading employers with those most requested by potential students. Specifically, the Miami MBA program focuses on developing holistic, integrated knowledge for its graduates, emphasizing key fundamental skills throughout the curriculum.
Core Curriculum:The curriculum includes a set of required courses designed to provide a strong foundation in key business disciplines. These courses cover areas such as:
- Financial Reporting and Analysis
- Responsible Business
- Digital Transformation
- Communicating for Career Success
- Applied Career Experience Projects
- Firms, Institutions, Stakeholders
- Valuation and Financial Decision Making
- The Financial Environment
- Management Science Models for Decision Making
- Leading with Introspection
- Human Resource Systems
- Corporate Strategy and Organization
- Graduate Business Career Connect Course
- Marketing Research and Decision Making
- Strategic Marketing
In addition to the required courses, students also have the opportunity to choose elective courses to further specialize in areas of interest.
Student Learning Outcomes:
Upon completion of the MBA program, students will be able to:
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- Integrate business information and knowledge within the strategies and perspectives of an organization.
- Understand and utilize the process of critical and analytical thinking in diverse business settings to solve problems and make decisions.
- Gain an awareness of and a sensitivity to issues in business decision-making from an ethical and social perspective (principled leaders).
- Demonstrate an understanding of business operations and decision-making in a global environment.
- Demonstrate an understanding of career acceleration and lifelong learning strategies.
Admission Requirements
Admission to the University of Miami MBA program is competitive and requires applicants to meet certain academic and professional requirements. The specific requirements may vary depending on the program format (full-time, accelerated), but generally include the following:
- Completed Application: A completed application for admission submitted through the appropriate application portal (BusinessCAS for Accelerated MBA, Miami Herbert Business School application portal for Full-Time MBA).
- Baccalaureate Degree: A baccalaureate degree from an accredited institution.
- Official Transcripts: Official academic transcripts from all previously attended post-secondary institutions must be submitted directly to the application portal. International applicants must have their educational credentials from institutions outside of the United States verified by an approved international credentialing evaluation service such as World Education Services to confirm degree equivalency and GPA calculation.
- Resume: A current resume outlining professional and academic achievements is required. For the Full-Time MBA, at least two years of full-time experience prior to enrollment is required. For the Accelerated MBA, at least one year of full-time experience prior to enrollment is required. For dual-degree applicants, experience gained through internships, projects, and leadership roles may be considered.
- Personal Statement and Essays: A personal statement (up to 600 words) and a short-essay response to the program-related question in the application portal.
- Letters of Recommendation: At least one letter of recommendation is required. Up to three may be submitted.
- GMAT/GRE Score (Optional): A valid test score (less than 5 years old) is optional. GMAT Institution Code: 7NV-S1-96 (or the locator code specific to your program of interest). GRE Institution Code: 5815
- English Proficiency (International Applicants): International applicants who did not receive a degree in the United States or a foreign country where English is the primary language must submit a valid TOEFL, IELTS, or Duolingo English Test (DET) score. The following minimum score is required for admission to a graduate business degree program.
- TOEFL - 94 or above; Institution Code: 5815
- IELTS - 7.0 or above; Institution Code: 4861
- DET - 125 or above
Applicants can complete and submit their application prior to taking the GMAT/GRE and/or TOEFL/IELTS exam by indicating their approximate date within the Standardized Tests tab in the Academic History section. Candidates are encouraged to upload unofficial transcripts and test scores with their application in order to expedite the review of their file while official documents are processed.
For the Full-Time MBA, an admission interview is a requirement of the application process for those candidates who meet the program requirements and will be conducted by invitation only after a complete application has been reviewed. Most interviews are conducted with candidates by online platform by the Admissions Committee.
Prerequisite Courses (Accelerated MBA):Successful completion of business prerequisite courses in areas of accounting, economics, statistics, finance, marketing, organizational behavior, and operations management. Please see below for list of pre-requisite courses:
- Managerial Accounting - must have completed equivalent of ACC 212 (3 credits)
- Economics - Must have completed equivalent of ECO 212 (3 credits)
- Finance - no background necessary
- Marketing - must have completed the equivalent of MKT 201 (3 credits)
- Organizational Behavior - must have completed the equivalent of MGT 304 (3 credits)
- Operations Management - must have completed the equivalent of MGT 303 (3 credits)
- Statistics - must have completed the equivalent of MAS 201 (3 credits) and MAS 202 (3 credits)
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