University of Miami (Herbert)

Miami, FL

Executive MBA Overview

Size of 2022-2023 graduating class	11
Graduation rate, 2020-23	88%
One-year retention rate, 2022-23	65%
Acceptance rate, 2023-24	95%
Total approximate cost	$152,162
Standardized testing required?	No
Yield, 2023–24	80%
Avg. # of years of mgmt. experience, 2023-24 entrants	11.0
Avg. # of years of work experience, 2023-24 entrants	14.0

The University of Miami's (Herbert) Global Executive MBA program requires non-native English speakers to submit TOEFL scores of 94 or above and an IELTS of 7.0 or above. The school also looks for applicants with at least eight years of work experience and can provide at least two letters of recommendation. Each core course has an average of 17 students. The median base salary for graduates four months after graduation is $250,000. The deadline to apply for the fall semester is July 1.

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Traditional MBA Overview

Acceptance rate	58%
Median base salary of new grads	$100,000
Tuition per year, out-of-state	$74,193
Median GMAT	640

The University of Miami Herbert School of Business full-time MBA emphasizes "real-world experience, strategic thinking, and global awareness." The program does not offer specializations or concentrations. To apply, one letter of recommendation must be supplied. Test scores are required but can be waived on a case-by-case basis. International students must either get a 94 on the TOEFL exam or a seven on the IELTS. The average number of work experience is close to six years, but students are recommended to have at least four. The deadline to apply is May 1—with an application fee of $100.

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