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Miami Business School

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University Guide

About Miami Business School

Explore overview, courses, fees, admissions, campus life, scholarships and student accommodation guidance in one premium Admistay guide.

Miami Business School, ranked #8 for its full-time MBA program by The Economist in 2021 is the b-school of the University of Miami. It offers undergraduate, graduate, and doctoral programs along with some specialized master programs and executive education. With an acceptance rate of 36%, the b-school is one of the most selective institutions to study in the USA. Currently providing quality education to more than 3,000 students, the school aims to produce global leaders who are academically stable and have strong ethical compliance. 

  • The B-school follows a semester-based calendar and takes in students every fall and spring. 
  • To take admission at Miami Business School candidates need to apply via its online portal along with paying an application fee of USD 48. 
  • MBA admissions are held on a rolling basis.
  • An IELTS score of 6.5 and 7.0 is accepted for UG and PG respectively.
  • The tuition fee of the MBA program is around USD 50,400
  • The cost of living in the USA for MBS students is about USD 79,456
  • The average salary offered to MBA graduates is USD 86,000 annually.

Also Check`:Top Ranking Colleges/Universities in the USA 2021

Rankings

  • #151-200 for Business & Management by QS, 2022
  • #33 for Masters in Business Analytics by QS, 2022
  • #60 in Best Business School by US News, 2022
  • #8 for Full Time MBA by The Economist, 2021
  • #36 in the US and #1 in Florida for Undergrads ranking by Poets and Quants, 2021

Highlights

Location Coral Gables, Florida
Campus Setting Urban
Acceptance Rate 36%
Application Portal Common Application Online Application
Application Fee Varies from course to course
Student-to-faculty ratio 12 to 1
Test Scores Accepted TOEFL, IELTS, GRE, GMAT, SAT, ACT

Miami Business School Campus and Accommodations

Miami Business School campus is located in Coral Gables, Florida, which is regarded as an international business Hub. The student body represents all the US states and more than 90 countries in the world, and the faculties come from around 40 nations, making the campus a unique centre for global diversity. The campus has all the needed amenities essential for the students during their course of study. But does not provide on-campus housing facilities to the MBA students.

  • It has many unique features like Shalala students centre exclusively meant for community learning and Lowe Art Museum.

  • The school building houses facilities like a 300-seater auditorium, executive education centre, MBA lounge, and advanced computer lab.
  • The campus holds more than a dozen clubs and organizations which encourage the students to develop their leadership qualities.
  • Students are assisted by the department of residential halls to find out proper off-campus housing facilities in the USA.
  • it is generally preferred by students to stay in rented private apartments around the campus.

Miami Business School Programs

The Business school offers undergraduate degrees in 14 majors, 13 different types of graduate programs, specialized masters programs in 10 majors, and doctoral courses in 8 different fields of business. Programs of the Miami Business School are ranked by top agencies like US News, QS, Poets & Quants and Economists.

  • The undergraduate degrees offered are as BBA and BSBA majors, while the graduate degrees include MBA and specialized master programs.

  • Some of the popular undergraduate majors include Business Analytics, Accounting, Entrepreneurship, Finance, HR, Marketing, Health Management, among others.
  • The specialized master program is a special graduate-level program offered by the institute which can be completed in less than one year and gives complete coverage on one particular major like Master in Accounting, Business Analytics, Finance, etc.
  • Along with a regular full-time MBA, the Business School also offers an Accelerated MBA, which can be completed in a very short span, and Executive MBA, which is exclusively meant to produce global leaders.
  • The institute also offers executive certification programs in 6 majors including Business Administration, Family Business, among others.

Find Out- Eligibility for Masters in the USA

Miami Business School  Admission Process

International students seeking admissions at the Miami Business School can apply online along with paying an application fee. For international students, it is very important to submit the necessary documents. Failure to do so will lead to the rejection of the application. It is also compulsory for international candidates to show their proficiency in English by sharing the required test score. Follow the below-mentioned admission details to get more insight:

  • Application Portal: BusinessCAS
  • Application Fee: USD 48
  • Number of UG students: 2,330, Number of graduate students: 900
  • Supporting Documents:
    • Personal Statement
    • Resume
    • LORs
    • Official Transcripts
    • Official GMAT Score
    • Official TOEFL / IELTS Score

Also Check: Application Deadlines for Top Universities in the USA

English Proficiency Tests Scores for International Students

Students from non-native English speaking countries or whose medium of instruction is not English need to prove their proficiency in English. The tests appeared should be within two years. Below are the details of the exams accepted by the b-school:

Test Name Undergraduate Graduate
TOEFL iBT 80 94
TOEFL PBT 550 -
IELTS 6.5 7.0

Note: College-specific admission are only taken for MBA courses, admission for undergraduate courses is directly taken by the centralized admission process of the University of Miami.

Miami Business School Cost of Attendance

The cost of attendance includes the tuition fee, accommodation, travel, food, health insurance and other miscellaneous expenses. International students are advised to arrange funds ahead of time to avoid delays in the admission process. As per the full-time MBA courses at Miami Business School the below table is prepared. 

Expenses Yearly Costs (in USD)
Tuition Fees 50,400
Other fees 1,108
Books 1,854
Room and food 15,122
Health Insurance 3,556
Personal Expenses 1,716
Transportation 3,500
Enrollment fee 2,200
Total Yearly Expenses 79,456

Miami Business School Financial Aids 

Applying for financial aid to study in the US can be overwhelming due to their extensive application filing process. There are a limited number of private loan programs for eligible international students to borrow money for their education.

  • The international students need to submit a statement of financial responsibility via form I-20, along with bank statements and sponsor’s details (if any), declaring that they are capable of managing the expenses themselves.
  • However, the students can apply for many merit-based scholarships for international students through various private websites, though they are limited in number.
  • The international student's financial aid website is one such site recommended by the Miami School of Business.
  • One of the scholarships available on the website is:
Scholarship Application Deadline Eligibility Benefit (USD)
MPOWER Global Citizen  April 15 Pursuing Full-time courses in the USA  5,000

Here’s a brief list of research scholarship opportunities from private organizations both within the U.S. and India.

  • American University Emerging global leader Scholarship
  • United World Colleges International Youth Scholarships
  • Civil Society Leadership Award
  • The Indian Trust Fellowship
  • Stanford Reliance Dhirubhai Fellowships for Indian Students
  • Fulbright-Nehru Research Fellowship
  • Inlaks Scholarship

Miami Business School Alumni

The college has over 45,000 alumni spread in over 130 countries worldwide. The global UM Alumni Association establishes 'Canes Communities to reach out to alumni, family, and friends to maintain the relationship. The Association provides alumni with activities, tools, and contacts to help them manage their career success. Whether graduates are looking for a job, considering a career move, looking for new ideas and talent for their company, or willing to provide networking assistance, UMAA's career website has a variety of information.

The Miami Business School alumni enjoy the following benefits:

  • They get to participate in a homecoming reunion.
  • They get subscriptions to business Miami magazine and UM Merchandise.
  • They get an opportunity to connect with networks and mentor young students.

Some of the notable alumni include

  • Raul Alvarez (Former President, McDonald’s),
  • Gerald Cahill, Jr. (Former President and CEO, Carnival Cruise Line),
  • Jack Creighton (Former CEO, United Airlines),
  • Joseph J. Echevarria, Jr. (Former CEO, Deloitte LLP)

Miami Business School Placements

The b-school holds on-campus placement drives in two cycles, one in September to December, and the other in January to May. The institute conducts many events every year, where the recruiters can connect with the students and recruit them directly for jobs in the USA and worldwide.

  • According to university facts, 84% of the graduates get placed within 3 months of completing their studies.
  • The average salary offered to MBA graduates is USD 86,000.
  • Top industries that recruit Miami Business School graduates include the Finance sector, real estate sector and healthcare sector and the responsibilities offered include general management, accounting and healthcare.
Professions Average Salary (in USD)
Legal 130,000
IT 107,000
Finance 90,000
Executive Management 89,000
Marketing 85,000

Find- Jobs after MBA in the USA

This institute was started in 1929 as the School of business and was accredited by AACSB in 1957. Located in Coral Gables, Florida, the USA since its formation the b-school has been renamed many a time. In 2019, it was given its current name to honour Patti and Allan Herbert. It works on the mission of developing innovative ideas and principled leaders who can transform the global business and impact society. The MBA programmes provide a variety of choices that emphasise the MBS's worldwide focus. Global Learning Opportunities in Business Education, which take graduate students to China, Brazil, and other places, and the Global Business Consulting program allows students to travel overseas and work on actual projects for top international companies.

Courses & Fees

Compare courses in a cleaner, easier way

Explore tuition, duration, language, eligibility, and exam requirements without the clutter.

Courses

17

Fee from

₹49,68,007.8

Exams

TOEFL · IELTS

Showing 4 bachelors

Overview
Degree TypeBachelor
Duration4 years
Study ModeFull Time
LanguageEnglish
Fees
Tuition FeeINR 59.4 L/Yr
Native FeeUSD 63,456 /Yr
Estimated Total₹3245403
Official Program Page
Admission Guide

Admission Process

Miami Herbert Business School admissions are available in 3 intake seasons, Fall, Summer, and Spring season. Miami Herbert Business School offers more than 100 undergraduate and graduate degrees for its prospective students. Students can choose from doctoral and executive programs at Miami Herbert Business School. The business school of University of Miami exhibits an enrollment of more than 3,000 students. This includes over 25% international students representing 86 countries.

MBA in Miami Herbert Business School reportedly has an acceptance rate of 50%. All graduate applicants must have a 4-year bachelor’s degree from a recognized institution to be eligible for admission to Miami Herbert Business School. Interviews may be required for some applicants and will be informed by the admissions office via mail.

Miami Herbert Business School Application Deadlines

The application deadlines for undergraduate programs at Miami Herbert Business School are as follows:

Admission Round Admission deadline
Early Decision I 1st November 2023
Early Action 1st November 2023
Early Decision II 1st January 2024
Regular Decision 1st January 2024
Regular Decision (Spring) 1st November 2023

The application deadlines for various postgraduate programs at Miami Herbert Business School are as follows:

Miami Herbert Business School

Program Application Deadline
M.S Business Analytics Application Deadline For 2024 Intake[15 Apr, 2024]
M.B.A Application Deadline For 2024 Intake[15 Mar, 2024]
E.M.B.A Application Deadline For 2024 Intake[15 Mar, 2024]
M.Acc Application Deadline For 2024 Intake[15 Apr, 2024]
M.S Finance Application Deadline For 2024 Intake[15 Apr, 2024]
M.S Taxation Application Deadline For 2024 Intake[15 Apr, 2024]

Miami Herbert Business School Graduate Admissions

Miami Herbert Business School offers more than 20 postgraduate and doctorate programs for its prospective students. Admissions are done on a rolling basis, however, some programs have specific application deadlines and decision release dates. Details of admission to the graduate programs at Miami Herbert Business School are as follows:

Application Mode: BusinessCAS
Application Fee: 100 USD (8,260 INR)

Admission Requirements:

  • A completed application form and payment of the application fee
  • 4-year bachelor’s degree from a recognized institution
  • Personal essays
  • Official academic transcripts
  • 2 or more LORs
  • CV/resume
  • GRE or GMAT scores (Program specific):
  • English proficiency scores
  • Interview (if applicable)
  • A valid US student visa and passport

Note: English proficiency must not be more than 2 years old. English proficiency scores may not be required for students coming from majority English-speaking countries.

Following are the various postgraduate programs and their admission requirements at the Miami Herbert Business School:

Programs Documents Required Personal Essays LOR GRE/GMAT Score Additional Requirements
MS in Business Analytics Official transcripts Required Required Competitive GMAT/GRE score within 5 years CV/resume
MS in Finance Official transcripts | CV/resume Required Required Competitive GMAT/GRE score within 5 years CV/resume
MS in Taxation Official transcripts | CV/resume Required Required Competitive GMAT/GRE score within 5 years CV/resume
MS in Sustainable Business Official transcripts Required Required Competitive GMAT/GRE score within 5 years CV/resume
MS in Health Administration Official transcripts Required Required Competitive GMAT/GRE score within 5 years CV/resume

Also Check: Exams to Study in USA

Miami Herbert Business School MBA Admission Requirements

Miami Herbert Business School offers various MBA programs including regular MBA, Accelerated MBA, Professional MBA, and Executive MBA. All applicants must have a minimum qualification of a 4-year bachelor’s degree to be eligible for admission to the MBA program. The details of admission to MBA in Miami Herbert Business School are as follows:

Application Mode: BusinessCAS
Application Fee: 100 USD (8,260 INR)

Admission Requirements:

  • .A completed application form and payment of the application fee
  • A 4-year bachelor’s degree from a recognized institution
  • Completed essays within BusinessCAS
  • Official academic transcripts
  • GRE or GMAT score (Average GMAT: 563)
  • English proficiency scores
  • CV/resume
  • LORs
  • Interview (If applicable)
  • A valid visa and passport

Miami Herbert Business School MBA Class Profile:

Graduation Rate 95%
Average Age 31
Male-to-Female Ratio 60:40
Average GMAT score 563
Average salary post-graduation $ 110,000
Average employment rate 97%

Also Read: MBA in USA

Miami Herbert Business School MBA statistics

Source: Miami Herbert Business School

Miami Herbert Business School Undergraduate Admissions

The Miami Herbert Business School offers more than 100 undergraduate degrees and minors to its prospective students. Applications are made via the Common App and can be made in 4 rounds. All UG applicants must have passed their Higher Secondary/ Class XII in the CBSE/ICSE board to be eligible for admission.

Application Mode: Common Application
Application Fee: 70 USD (5,780 INR)

Admission Requirements:

  • A completed application form and payment of the application fee
  • Higher Secondary/ Class XII certificate
  • Personal essays
  • LORs
  • Official transcripts
  • Standardized test scores
  • Proof of English language proficiency
  • International financial certification form
  • A valid visa and passport

Note: Certain courses have additional requirements so check the specific course details for more information.

Miami Herbert Business School Interview Process

  • Interviews at Miami Herbert Business School are conducted by invitation only.
  • Applicants who receive an invitation for an interview must appear on the specified date.
  • Interview requirements vary from course to course.
  • Interviews are conducted in English and last for around 30 minutes. It will be conducted in either online/offline mode.

US Student Visa Application Process

All International students must also avail the F1 US study visa to obtain admission and study in the USA. The various requirements to obtain a student visa are:

  • Valid passport
  • Non-immigrant visa application
  • Form I-20
  • Application Fee payment receipt
  • Student & Exchange Visitor Information System fee (SEVIS Fee)
  • Photo
  • Statement of Purpose
  • Financial resource verification
  • Proof of vaccination
  • University acceptance letter
  • Standardized scores as required

Indian students must state their reason for being in America, their aims and objectives, and their expected return to their home country in the interview. Successful applicants can expect their visa after some time.
Also Read: USA F-1 Visa Interview Questions: Tips & Tricks

Miami Herbert Business School Admission Decision

  • Fall admit: Students have the choice to be admitted to the fall academic term until the deposit deadline of May 1.
  • Spring admit: Selected students start the first year of the spring academic term, which begins in January.
  • Defer entry: Some early decision applicants may have their application deferred to the Regular application round. They have the option to update their application via the Deferred Supplemental form.
  • Waitlist: Students who are provisionally admitted but do not have space in the classroom are waitlisted. They are admitted if there remaining spots in the class
  • Deny: Students who receive this decision are not offered admission to the college. They can apply as a transfer student in the future by completing at least 1 year of their course in another recognized institution.

Miami Herbert Business School Selection Criteria

The Miami Herbert Business School has a holistic selection criteria for admission. Applicants are shortlisted based on various factors such as academic performance, personal essays, interview performance, soft skills, etc., which will be thoroughly evaluated by the admissions committee. Once the requirements are satisfied, offer letters will be rolled out for the same.

Admission to Miami Herbert Business School is based on the academic excellence of the students. All applicants must provide all required information mentioned in the application, upload the necessary documents, and submit them before the prescribed deadlines for each course. An interview may be required if invited via mail. Applicants can keep track of their applications in their respective admissions portals.

FAQs

Ques. What is the acceptance rate for admission at the school?

Ans. The Miami Herbert Business School has an average acceptance rate of around 19% for UG programs and around 35% for PG programs.

Ques. Does Miami Herbert Business School conduct interviews for all its applicants?

Ans. Interviews are by invitation only and applicants who require an interview for further assessment will be invited via mail.

Ques. Is work experience required for admission to MBA in Miami Herbert Business School?

Ans. There is no minimum work experience mentioned for MBA admission. However, a resume containing all necessary details regarding work and other achievements may help increase the selection chances.

Ques. Where are applications submitted to the Miami Herbert Business School?

Ans. The applications for UG programs are submitted via the Common app while PG applications are submitted via the BusinessCA application portal of the university.

Ques. What is the application fee for Miami Herbert Business School?

Ans. The application fee for undergraduate programs at Miami Herbert Business School is 70 USD (5,780 INR). The application fee for undergraduate programs is 100 USD (8,260 INR).

Ques. How long does it take to receive a decision from the Miami Herbert Business School?

Ans. After submission of an application, applicants must wait for around 1-4 weeks to receive a decision from the admissions committee. Certain courses such as MBA have specific dates upon which decisions are released.

Ques. What decisions can be expected from the admissions committee at the Miami Herbert Business School?

Ans. After successful completion and submission of the application, applicants can expect one of the following decisions: Admission (Spring), Admission (Fall), Waitlist, Deferred entry, and Denial. Waitlisted candidates will only be provided admission if seats are available for the course. Rejected candidates can still apply to the school by applying as a transfer student after completing 1 year of their course from another recognized institution.

Placements & Recruiters

Miami Business School Placement Details

Miami Business School in Coral Gables, Florida, United States placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.

Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Coral Gables, Florida, United States.

Recruiters
N/A
Salary Metrics
0/2
Placement Metric

Highest Package

N/A

Represents the top salary package reported in the available placement information.

Placement Metric

Average Package

N/A

Shows the typical package range students may expect based on the available average salary data.

Placement information is currently limited.

More salary or recruiter data may be updated later for this college.

Rankings over the years

Year-wise highlights from global and country rankings available for this university.

2022

Highlights
2022
  • Business: #44 in country
  • Top source: Financial Times
  • 1 ranked streams
  • Focus areas: Business
  • 1 ranking record in 2022

2023

Highlights
2023
  • Business: #42 in country
  • Top source: QS
  • 1 ranked streams
  • Focus areas: Business
  • 1 ranking record in 2023

2024

Highlights
2024
  • Business: #38 in country
  • Top source: Bloomberg
  • 1 ranked streams
  • Focus areas: Business
  • 3 ranking records in 2024

2025

Highlights
2025
  • Best overall country rank: #35
  • Overall: #35 in country
  • Top source: Financial Times
  • 1 ranked streams
  • Focus areas: Overall
  • 1 ranking record in 2025

2026

Highlights
2026
  • Business: #41 in country
  • Top source: QS
  • 1 ranked streams
  • Focus areas: Business
  • 1 ranking record in 2026

Contact Information

5250 University Dr, Coral Gables, FL 33146

+1-305-284-4643

Student Reviews & Ratings

Overall sentiment and category-wise rating summary

Overall score

6.7/10
Top Rated

Based on 1 rating

Rating Breakdown

Visual summary of rating distribution and categories

Live Summary
Academic
9.0/10
Faculty
7.0/10
Infrastructure
8.0/10
Accommodation
8.0/10
Placement
8.0/10