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University of Miami School of Business Part Time MBA

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University of Miami School of Business Part Time MBA's Full Profile

Program at a Glance

Program Type Part Time

Program Information

Specializations Offered: Accounting, Business Law, Finance, General Management, Information Systems / Information Technology, Management Information Systems, Marketing, Technology
Degrees Awarded: MBA Program for Working Professionals.

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Rankings

Rankings

School Rankings

The Princeton Review

N/A Best Business Schools (Southeast)
#8 Most Competitive Students

Admissions

Admissions

Application Information

  • Acceptance Rate: 45% accepted out of 329 applicants
  • Average Age Admitted: 25
  • Average Incoming GPA: 3.28
  • Average Years Work Experience: 1
  • Application Fee: $100

Admission Considerations

Very Important: Undergraduate GPA, Standardized Test Scores

Important: Recommendations, Personal Essay

Admission Requirements

Required: Extracurricular Activities, Undergraduate GPA, Personal Essay, Standardized Test Scores, Work Experience, Recommendations

Admission Information

To apply to the MBA program, students must submit a completed application, official transcripts from any undergraduate and postgraduate course work, a current resume, one letter of recommendation (preferably from a employer, or immediate supervisor at work), official GMAT score reports, and TOEFL test scores for non-native speakers of English (mini...To apply to the MBA program, students must submit a completed application, official transcripts from any undergraduate and postgraduate course work, a current resume, one letter of recommendation (preferably from a employer, or immediate supervisor at work), official GMAT score reports, and TOEFL test scores for non-native speakers of English (minimum required score 550 paper-and-pencil test, 80 Internet-based test, 213 computerbased test). Students are evaluated on the strength of all application materials. Admissions decisions are made on a rolling basis until the class is full; students are encouraged to apply at least three months before the beginning of the term. Students who wish to be considered for merit-based scholarships, fellowships, or graduate assistantship are advised to apply early, as they are limited and available for fall applicants only.

The Princeton Review

Important Dates

Round 1
October

28

Deadline
July

19

Start
Round 2
November

25

Deadline
January

14

Start

School Information

School Information

The following section features data representative of the entire business school, and numbers here are not necessarily reflective of the specific program.

Students and Faculty

Total Graduate Students 158
Percent International Students 39%
Total Full-Time Faculty 151
Full-Time Faculty 87%

Student Life

The University of Miami is attractive to MBA students for many reasons, including its prime location. Attending school in Miami “almost guarantees that family and friends (many you haven’t heard from in years) will visit often.” Altogether, the “12 months of warm weather,” pleasant beaches, and the “great city” of Miami offer lots to do year round. The school’s surroundings are an extension of the active life that students enjoy on campus. “Often classes and activities begin early in the morning and continue in social, networking events at night. The local community is intertwined into the UM experience.” The “extremely friendly and close-knit” students often socialize together during the weekends, which “usually consist of fun time[s] at [the] beach or bars but always with classmates and people met through school.” The student body is both “ethnically and professionally” diverse. Although students may seem young, they are “very mature for their ages.” Learning is a full-time experi­ence with “great discussions [occurring] on breezeways, dining areas, and in and outside of classrooms.” The atmosphere provides “great social circles” that can occur anywhere and help “build camaraderie outside of the classroom.” There are “fun social events” both on and around campus, such as” “great food and leisure activities” and “daily activ­ities…from gym and happy hours to projects and study groups.”

Career

The Ziff Graduate Career Services Center has an array of services to help graduate students meet their career goals after graduation. Although the Career Center does not suit every­one’s career needs, networking is an effective yet somewhat underutilized tool at the University of Miami. One student points out that not all students make the effort though. “There is a major trend for students to rely heavily on the career center without taking the initiative to reach out to Miami's strong alumni base, who for the most part is extremely receptive to current students.” Another student agrees by saying that “one of the UM's greatest strengths is the alumni base who are always willing to help their fellow Canes.” Finding jobs locally does not seem to be a problem with the wide “array of networking opportunities” available. “Administration and professors work excellent[ly] with the local community and University alumni in setting up career opportunities.” The Finance and Investment Banking club appears to be “extremely engaged in academic, organiza­tional, [and] leadership activities.” The group even “led initiatives to bring in local lead­ers to network with current students interested in finance.” Currently, “recruiting reflects Miami’s strengths in real estate and tourism.” Students seeking jobs in finance will probably do well here also. Students holding other degrees may have to work a little harder to find the right opportunity for them; however, the “school is broadening its hiring base by sponsoring trips for students to meet employers and interview.”

The Princeton Review

About

The University of Miami MBA Program is ranked among the best MBA programs by The Wall Street Journal and The Financial Times. Our Business School is one of 549 schools in North America that is fully accredited by AACSB International -- The Association to Advance Collegiate Schools of Business, and it is also accredited by CAHME -- The Commission on Accreditation of Healthcare Management Education.

The Princeton Review

Students Say

The University of Miami offers cultural diversity and a “strong connection to [the] Latin American business environment” as well as highly regarded “programs in leadership and international studies.” “If you want to end up doing business in Lat Am, this is the school to go to.” Students who arrive here uncertain of their career objectives can take comfort in the unusually broad range of options open to them. In addition to the expect­ed full-time and executive MBA options, UM also offers an Executive MBA in health sec­tor management and policy, an MD/MBA, and even a unique Spanish-language-only Global Executive MBA. Each term gives students an intense six weeks of studies. Life is “very fast paced, espe­cially with the four term scheduling, but this keeps the content fresh and the students interested.” Weeklong breaks between terms provide “relief” from the “rigorous” sched­ule in which students can recharge and gear up for the next session. Students esteem the school for its “high caliber students” and “exquisite professors,” many of whom “come from [the] private sector and work as consultants to high profile companies.” The “professors are always ready to help you,” and the experience and expertise they have in regards to today’s hottest, most relevant topics enables them to give students “only the best academic experience at UM.” There are also “opportunities for students to work with faculty outside of [the] classroom on interesting research projects.” Motivated students and professors are backed by a committed administration that “is very well run and does a great job [of] listening to students and aiming to exceed their expectations.” Other strengths mentioned by students include the school’s location in Miami which provides “local business opportunities in a growing market,” the “many computer labs available,” the “international student body,” “the variety of things to do” at UM, and the “strong alumni connection.” “There is a strong focus on encouraging stu­dents to not only find careers within [an] organization, but to find their entrepreneurial spirit and start something on their own, or better yet with their classmates. The environ­ment fosters great partnerships given all the teamwork exercises we do.” Although finding jobs after graduation in Latin America may not be a problem, students suggested that expanding career placement services to other parts of the world could stand improvement. “The career center also needs to focus on finding jobs for the inter­national students

The Princeton Review

Student Services

  • Campus Wide Network
  • Centers Of Research:

    The School is home to a Center for International Business and Research (CIBER), which provides MBA students with international study, consulting and other global learning opportunities; the School is home to a Center for Health Sector Management and Policy, which serves as resource to businesses and policy making bodies, conducts and disseminates leading edge research, offers consult services to the health care and business community and provides training and education for those in the health sector; and the School is home to a new laboratory designed for advanced, technology-driven marketing research. The Canes Behavioral Laboratory – a state-of-the-art research facility – houses 31 networked computer workstations in 800 square feet of research space. All of the research stations are outfitted with leading behavioral research software, computer joysticks and headsets for studies requiring audio. The lab will enable the School’s faculty and students to conduct and participate in leading-edge marketing research in a controlled environment.

  • International Student Support Groups:

    Asian Business Club Latin American Club http://www.bus.miami.edu/graduate-programs/full-time-mba/assoc-orgs/index.html

  • Lesbian Bisexual Transgender Support Groups:

    OutSmart Club http://www.bus.miami.edu/graduate-programs/full-time-mba/assoc-orgs/index.html

  • Minority Support Groups:

    Asian Business Club Latin American Club Women's MBA Club http://www.bus.miami.edu/graduate-programs/full-time-mba/assoc-orgs/index.html

  • Research Facilities:

    The School is home to a Center for International Business and Research (CIBER), which provides MBA students with international study, consulting and other global learning opportunities; the School is home to a Center for Health Sector Management and Policy, which serves as resource to businesses and policy making bodies, conducts and disseminates leading edge research, offers consult services to the health care and business community and provides training and education for those in the health sector; and the School is home to a new laboratory designed for advanced, technology-driven marketing research. The Canes Behavioral Laboratory – a state-of-the-art research facility – houses 31 networked computer workstations in 800 square feet of research space. All of the research stations are outfitted with leading behavioral research software, computer joysticks and headsets for studies requiring audio. The lab will enable the School’s faculty and students to conduct and participate in leading-edge marketing research in a controlled environment.

  • Study Abroad:

    Spain - IESE Business School Spain - IE Business School Israel - Tel Aviv University China - Fudan University

  • Women Support Groups:

    Women's MBA Club http://www.bus.miami.edu/graduate-programs/full-time-mba/assoc-orgs/index.html

Famous Alumni

Well known alumni of University of Miami School of Business include:

Lyor Cohen - Vice Chairman, Warner Music Group and Chairman and CEO, Recorded Music - Americas and the U.K.

David H. Komansky - Chairman, CEO and President, Collective Brands Inc.

Gerald Cahill - Chairman Emeritas, Merrill Lynch & Co.

Raul Alvarez - Former President and COO, McDonald's Corporation

Joseph Echevarria - CEO, Deloitte LLP

School Outcomes

Average Debt At Graduation: $67,577

Top Employers Of Graduates From This School Include: Ernst & Young, Citigroup, Inc., Burger King Corporation, PepisCo, Inc., Booz Allen Hamilton

Industry Percent Employed Median Starting Salary
Other 49% $66,205
Business 45% $56,955
Finance / Accounting 43% $70,079
Marketing / Sales 21% $47,500
Financial Services 21% $75,286
Other 15% $65,000
Other 15% $62,500
General Management 12% $49,295
Consulting 9% $58,833
Consulting 6% $70,000
Technical 6% $65,000
Operations / Logistics 3% $65,000
Manufacturing 3% $60,000

School Employment Information

Graduation Employment 51%
Three Month Employment 65%
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