The School of Business Administration at University of Miami

Business School Admissions

Application (Fall 2013)

Application deadline (U.S. residents) June 1
Application deadline (international students) June 1
Application fee $100

The School of Business Administration at University of Miami

Admissions & Enrollment (Full-time)

Acceptance rate 48.3% – Medium
Average age of new entrants 26
Average undergraduate GPA 3.33 – Medium
Undergraduate GPA range (10th-90th percentile) 2.7-3.87
Entrants providing undergraduate GPA 99
Average GMAT score 636 – High
GMAT range (10th-90th percentile) 578-700
Students with prior work experience 77
Average work experience (months) 30

Admissions & Enrollment (Part-time)

Applicants (part-time) N/A
Acceptance rate N/A
Average age of new entrants N/A
Average undergraduate GPA N/A
Undergraduate GPA range (10th-90th percentile) N/A
Entrants providing undergraduate GPA N/A
Average GMAT score N/A
GMAT range (10th-90th percentile) N/A
Students with prior work experience N/A
Average work experience (months) N/A

Undergraduate Majors

TOEFL required for international students Yes
Minimum TOEFL score required 587 paper test
94 internet-based test

Factors and Procedures Used in Admissions

(Data appear as originally submitted by this school)

Full-time program
Student applications are reviewed on an individual basis. A competitive GMAT score, GPA, and work experience are essential to be considered for admission. Other factors considered by the Admissions Committee include an essay, letters of recommendation, a required interview, and social responsibility. Only completed files are presented to the Admissions Committee for evaluation.
Executive program
The quality of the applicant pool is measured by the Glaskowsky Admissions Index, which evaluates the applicant on the following criteria: years of business-related work experience, years of management experience, level of current position, maturity, undergraduate GPA, GMAT (if required), letters of recommendation, undergraduate school and major, international and intercultural experience.
Part-time program N/A
Part-time distance learning program N/A

Admissions Contacts

Director of admissions Cristina Raecke
Full-time program phone (305) 284-2510
Full-time program E-mail mba@miami.edu
Full-time program website http:/​/​www.​bus.​miami.​edu/​grad
Executive program phone (305) 284-2510
Executive program E-mail mba@miami.edu
Executive program website http:/​/​www.​bus.​miami.​edu/​grad
Part-time program phone N/A
Part-time program E-mail N/A
Part-time program website N/A
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A

Business School Academics

Program Offerings

(9)
Departments with highest M.B.A. demand finance, general management, international business, marketing, quantitative analysis/statistics and operations research
Types of M.B.A. programs offered full-time traditional two year, full-time accelerated, full-time other, traditional executive MBA
Joint programs available architecture, law, MD/MBA, MBA/MSIE

Curricula Descriptions

(Data appear as originally submitted by this school)

Full-time program
The MBA is a 56-credit, 21-month lock-step program, composed of 29 courses, 12 of which are electives that may be used towards a concentration. Cohort groups of 40-50 students progress through the program simultaneously. The first year of the program is lock-step and cohort in nature while the second year permits a flexible schedule allowing students to enroll in elective courses.
Executive program
The Executive MBA and MBA for Working Professionals Programs enable students to customize their MBA experience by offering a wide range of elective courses. The Health Executive MBA is a lock-step program that offers specific courses in the area of healthcare. All programs are taught over a 23-month period.
Part-time program N/A
Part-time distance learning program N/A

Business School Ranking

#70 Best Business Schools

Business Ranking Scores

These data apply only to full-time students.

Score 43
Peer assessment score (out of 5) 2.8
Recruiter assessment score (out of 5) 2.8
Acceptance rate 48.3% – Medium
Average starting salary and bonus $76,646 – Medium
Average undergraduate GPA 3.33 – Medium
Average GMAT score 636 – High
Full-time graduates employed at graduation 48.0% – Medium
Full-time graduates employed three months after graduation 80.0% – Medium
Enrollment (full-time) 193

Business School Student Body

Student Body (Overall)

Enrollment 193

Student Body (Full-time)

Enrollment (full-time) 193
Minority students 18.1%
International students 36.3%

Student Body (Part-time)

Enrollment (part-time) N/A
Minority students N/A
International students N/A
Gender distribution (part-time) N/A

Business School Cost

Financial Aid Contact Information

Financial aid director James M. Bauer
Financial aid phone (305) 284-5212

Expenses

Tuition
Full-time: $1,600 per credit
Required fees $280 per year
Room and board, books, and miscellaneous expenses $20,667
Average indebtedness of 2011 graduating class $62,140

Financial Aid Availability

College-funded aid (fellowships, assistantships, grants, or scholarships) available Yes
Fellowships 0
Teaching assistantships 0
Research assistantships 0
International students eligible for college-funded aid Yes

Business School Career and Salary Statistics

University of Miami has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2011

Full-time graduates 85
Full-time graduates known to be seeking employment 50
Full-time graduates employed at graduation 48.0% – Medium
Full-time graduates employed three months after graduation 80.0% – Medium

Base Salary: Overall

Total reporting base salary 40
Low base salary $35,000
Average base salary $73,246
High base salary $180,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $35,000
Average base salary: U.S. citizens $71,782
High base salary: U.S citizen $180,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $45,000
Average base salary: Foreign nationals $77,200
High base salary: Foreign nationals $110,000

Signing Bonus: Overall

Total reporting signing bonus 7
Low signing bonus $2,000
Average signing bonus $19,429
High signing bonus $55,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $2,000
Average signing bonus: U.S. citizens $24,000
High signing bonus: U.S. citizens $55,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals $6,000
Average signing bonus: Foreign nationals $8,000
High signing bonus: Foreign nationals $10,000

Other Compensation: Overall

Total reporting other compensation 0
Low other compensation N/A
Average other compensation N/A
High other compensation N/A

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens N/A
Average other compensation: U.S. citizens N/A
High other compensation: U.S. citizens N/A

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals N/A
Average other compensation: Foreign nationals N/A
High other compensation: Foreign nationals N/A

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.

Number reporting marketing/sales jobs 8
Marketing/sales low salary $35,000
Marketing/sales average salary $54,167
Marketing/sales high salary $80,000
Number reporting operations/production jobs 2
Operations/production low salary $55,120
Operations/production average salary $56,560
Operations/production high salary $58,000
Number reporting general management jobs 7
General management low salary $48,000
General management average salary $81,000
General management high salary $180,000
Number reporting finance/accounting jobs 11
Finance/accounting low salary $50,000
Finance/accounting average salary $72,364
Finance/accounting high salary $100,000
Number reporting management information systems (MIS) jobs 1
Management information systems (MIS) low salary $65,000
Management information systems (MIS) average salary $65,000
Management information systems (MIS) high salary $65,000
Number reporting consulting jobs 6
Consulting low salary $52,000
Consulting average salary $79,200
Consulting high salary $104,000
Number reporting human resources jobs 0
Human resources low salary N/A
Human resources average salary N/A
Human resources high salary N/A
Number reporting having jobs in other areas 5
Other occupations low salary $38,000
Other occupations average salary $89,600
Other occupations high salary $110,000

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.

Number reporting government jobs 0
Number reporting manufacturing jobs 1
Manufacturing low salary $75,000
Manufacturing average salary $75,000
Manufacturing high salary $75,000
Number reporting non-profit jobs 0

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.

Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 2
Northeast low salary $65,000
Northeast average salary $82,500
Northeast high salary $100,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 2
Middle Atlantic low salary $48,000
Middle Atlantic average salary $56,500
Middle Atlantic high salary $65,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 29
South low salary $35,000
South average salary $73,004
South high salary $180,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 0
Midwest low salary N/A
Midwest average salary N/A
Midwest high salary N/A
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 2
Southwest low salary $65,000
Southwest average salary $76,500
Southwest high salary $88,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 0
West low salary N/A
West average salary N/A
West high salary N/A
Number reporting jobs located internationally 5
International low salary $50,000
International average salary $77,000
International high salary $105,000

The School of Business Administration at University of Miami