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University of Miami
School of Business
Getting In
PROGRAM BASICS
Full-time MBA Program
School of Business Administration
5250 University Drive
221 Jenkings Building
Coral Gables
,
Florida 33146
United States
Program Web site:
Status:
Private Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
Other
SACS
SCHOOL BASICS
Graduate business school enrollment:
Total:
455
Full-Time MBA:
166
Part-time MBA:
0
Executive MBA:
266
PhD Program:
23
Graduate degree programs:
Master of Accounting
Other graduate degree programs:
Master of Science in Taxation
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident :
$
73,984
Nonresident :
$
73,984
Recommended annual budget (Resident):
$
19,300
Recommended annual budget (Nonresident):
$
19,300
PROGRAM LENGTH
Full-time program (months):
21
ADMISSIONS
Application Deadlines
Semester:
Round 1
Deadline:
December 1, 2009
Semester:
Round 2
Deadline:
February 1, 2010
Semester:
Round 3
Deadline:
April 1, 2010
Semester:
Final
Deadline:
June 1, 2010
Does the program have rolling admissions?
Yes
Is proficiency in English required for admission?
Yes
Is a minimum score on an English language proficiency test required?
Yes
Which English language proficiency tests are accepted?
IELTS
TOEFL Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Minimum paper-based TOEFL score required for MBAs:
550
Relative Importance of Application Elements:
GMAT Score:
Very Important
Resume/Work Experience:
Very Important
Application Essays:
Very Important
Interviews:
Very Important
Recommendations:
Very Important
Undergraduate Transcripts:
Very Important
APPLICANTS
Applications (admitted and denied) to the newest class:
306
Applicants who were accepted to the most recent class:
62 %
Admitted applicants who enrolled in the newest class:
46 %
Applicant interviews are:
By invitation only
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
38 %
Applications from women received:
35 %
Mean base salary forgone:
$ 48,576
Median base salary forgone:
$ 49,000
CLASS PROFILE
Full-time students in newest entering class (2009-2010) that are:
Female:
28
%
International:
25
%
Students from following regions:
Africa :
0
%
Asia:
14
%
Eastern Europe and Central Asia:
1
%
Latin America and the Caribbean:
3
%
Middle East:
0
%
North America:
81
%
Oceania :
0
%
Western Europe:
1
%
Dual citizenship:
0
%
Percentage of U.S. students in newest entering class that are:
African American:
2
%
Asian American:
8
%
Hispanic or Latino American:
15
%
Multiethnic/Multiracial :
0
%
Native American:
0
%
White (Non-Hispanic):
69
%
Chose not to report:
6
%
Other:
0
%
Percentage of U.S. students in newest entering class who are from the following regions:
Northeast:
5
%
Mid-Atlantic:
12
%
South:
67
%
Southwest:
5
%
Midwest :
2
%
West:
9
%
Possessions and territories:
0
%
Mean months of work experience of newest entering class:
30
Median months of work experience of newest entering class:
24
Middle 80% range of work experience of newest entering class in months:
From:
0
To:
63
Median age of entering class:
26
Mean age of entering class:
26
FINANCIAL AID
Full-time MBAs apply for financial aid through:
Central financial aid office at the university
Full-time MBAs who applied for financial aid for the current academic year:
73 %
Full-time MBAs receiving financial aid in the current academic year:
64 %
Mean MBA financial aid package for the current academic year:
$ 31,970
Median MBA financial aid package for the current academic year:
$ 26,640
On what basis are scholarships awarded?
Academic merit
Full-tuition scholarships school will award during the upcoming academic year:
0
How does an applicant apply for scholarship consideration?
As part of the admissions application
Mean scholarship awarded to full-time MBAs in the previous academic year:
$ 7,253
Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study:
15 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
No
GMAT
Are applicants required to take the GMAT?
Yes
GMAT scores:
Mean :
636
Median:
640
Middle 80% range GMAT scores:
From:
576
To:
700
Academics & Lifestyle
CLASS OFFERINGS
Average number of students in a full-time MBA core class:
44
Average number of students in a full-time MBA elective class:
19
Elective courses available to full-time MBA students:
49
Year of last major change or significant overhaul to the core curriculum:
2003
Concentrations and specializations offered to full-time MBA students:
Accounting
Finance
General Management
International Business
Management Information Systems
Marketing
Real Estate
Statistics and Operations Research
Tax
N/A
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MD (Medicine)
Other
Does the school offer an accelerated full-time MBA program?
Yes
The school believes that its leading areas of study for full-time MBA students are:
Finance
International Business
Marketing
Statistics and Operations Research
Strategy
FACULTY
Faculty employed by the B-school:
144
Full-time faculty:
Tenured:
53
Non-Tenured:
75
Adjunct/Visiting Faculty:
Non-Tenured:
16
Women on Faculty:
Tenured:
11
Non-Tenured:
30
Minority Faculty:
Tenured:
10
Non-Tenured:
22
International Faculty:
Tenured:
5
Non-Tenured:
30
Faculty with PhDs:
Tenured:
53
Non-Tenured:
67
STUDENT LIFE
Professional clubs available to full-time MBA students:
Consulting
Entrepreneurship
Finance
Investment Banking
Marketing
Other
Networking clubs available to full-time MBA students:
Gay/Lesbian/Bisexual
Hispanic Student Organization
International Club
Women in MBA
TEACHING/ACADEMICS
Teaching methods used:
Case Study:
20
%
Distance Learning:
0
%
Experiential Learning:
10
%
Lectures:
50
%
Simulations:
10
%
Team Projects:
10
%
Other:
0
%
Requirements for graduation:
Students must have attended a minimum number of classes
Students must have earned a pre-determined GPA/letter grade average
TECHNOLOGY
Technology improvements in the last three academic years:
High performance computing cluster of 850+ nodes for research, behavioral marketing research lab, online information research library entirely online, portal, Web and e-mail hosting for all students, complete high-definition multimedia classrooms, state-of-the-art high-definition auditorium, wireless 802.11n access for entire school, campus-wide student color and B&W printing, three new student computing labs with iMacs and Quad Core PCs, and storage area networks for five terabytes of storage.
Amount spent:
$ 1,920,000
Alumni Affairs & Careers
B-SCHOOL ALUMNI
Living MBA alumni:
11,927
Living MBA alumni who gave in past year:
11 %
Mean gift from MBA alumni:
$ 1,156
Median gift from MBA alumni:
$ 100
Did school receive an individual gift in excess of $10 million in the past academic year?
No
Business school endowment
$ 28,809,845
Does the main university offer career placement services for alumni?
Yes
Does the main university have an alumni networking Web site?
Yes
University alumni networking site:
CAREER SERVICES
Graduates seeking full-time professional MBA employment:
51
%
Graduates not seeking employment:
44
%
Graduates for whom you have no information regarding employment:
5
%
Annual job-searching trips that the school coordinates or participates in:
Destination:
New York Wall Street
Month:
October
Amount Paid By School:
1,200
Destination:
AMBA Job Fair - New York City, NY
Month:
September
Amount Paid By School:
300
Destination:
NBMBAA Job Fair - New Orleans, LA
Month:
September
Amount Paid By School:
300
Destination:
NSHMBA Job Fair - Minneapolis, MN
Month:
October
Amount Paid By School:
300
Destination:
NAWMBA Job Fair - Anaheim, CA
Month:
October
Amount Paid By School:
300
Primary source of job offer:
School-facilitated activities:
45
%
Graduate-facilitated activities:
57
%
No information provided by graduate:
0
%
Companies that recruited second-year MBAs on campus in 2008-09:
66
Companies that posted full-time job offers for MBAs
on the school's job boards in 2008-09:
231
Job Offers for 2009 graduates:
Received first job offer by graduation:
45
%
Received first job offer in three months following graduation:
16
%
Received first job offer more than 3 months after graduation:
2
%
Did not report having received a job offer:
37
%
Accepted first job offer by graduation:
45
%
Accepted first job offer in three months following graduation:
16
%
Accepted first job offer more than 3 months after graduation:
2
%
Did not report having accepted a job offer:
37
%
Top recruiting organizations most recent academic year:
Kaplan University
3
TigerDirect
2
Visa International
2
Deloitte
1
Unilever
1
Electrolux
1
At&T
1
KPMG
1
Carnival Cruise
1
Goldman Sachs
1
Federal Regulatory Engergy Commision
1
Tracfone Wireless
1
Tunnelbrook Capital
1
Cross Keys Capital
1
Vitas Innovative Hospice Care
1
Job-accepting graduates who received a signing bonus:
29 %
Base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary:
$
65
Median base salary:
$
61
Mean signing bonus:
$
8
Median signing bonus:
$
5
Graduating students who accepted jobs in the following functional areas:
Consulting:
7
%
Finance/Accounting:
55
%
General Management:
7
%
Human Resources:
3
%
Marketing/Sales:
21
%
Management Information Systems (MIS):
7
%
Operations/Logistics:
0
%
Other:
0
%
Graduating students who accepted jobs in the following industries:
Government:
3
%
Consulting:
7
%
Consumer Products:
0
%
Financial Services:
45
%
Manufacturing:
10
%
Media/Entertainment:
7
%
Non-Profit:
0
%
Petroleum/Energy:
0
%
Pharmaceutical/Biotechnology/Health Care:
0
%
Real Estate:
0
%
Technology:
10
%
Other:
18
%
Graduates who accepted full-time jobs in the following regions:
Africa:
0
%
Asia:
0
%
Eastern and Central Europe and Central Asia:
0
%
Latin America and the Caribbean:
0
%
Middle East:
0
%
North America:
100
%
Oceana:
0
%
Western Europe:
0
%
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast:
17
%
Mid-Atlantic:
10
%
South:
70
%
Southwest:
3
%
Midwest:
0
%
West:
0
%
Possessions and territories:
0
%
Canada:
0
%
Companies that recruited MBAs for internships on campus in 2008-09:
23
Companies that posted internships for MBAs on school job boards in 2008-09:
102
Top recruiting organizations for internships, most recent academic year:
TigerDirect
15
Bayview Financial
6
Visa International
5
Burger King
2
The Heat Group
4
American Red Cross
3
Yamaha Motors
2
Hiame Companies
2
HSBC
1
Citi
1
Kaplan University
1
Delmonte Fresh Foods
1
Vitas Innovative Hospice Care
1
Ryder Corporation
1
Medtronic
1
Internships awarded that are paid:
47 %
Weekly internship compensation:
Mean:
$ 13
Median:
$ 12
Average internship length in weeks:
12
SCHOOL COMMENTS
School Comments:
N/A
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