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University of Miami Business School

History

The first official iteration of the Miami Business School was founded in 1929 as the University of Miami School of Business Administration. In 1948, the school began offering its first MBA program and earned AACSB-accreditation less than ten years later. In the early 1970s, the school introduced its Executive MBA program, which was followed soon thereafter by the introduction of the Professional MBA and Executive MBA in Health Sector Management and Policy programs.

The School of Business firmly established a central base on the University of Miami campus in 1980 with the opening of the School of Business Administration Complex. In the decades to come, the school introduced a Ph.D. program, the Mentor Program, the FIRST Step Program for Undergraduates, the Miami Executive MBA en Español, and Accelerated MBA in Real Estate program, the Miami Global Executive MBA for the Americas, and several other specialized Master’s program. In 2018, the school was officially renamed as the University of Miami Business School.

School Rankings

• Bloomberg: 62 (U.S.); 74 (Global)
• Forbes: 55

Locations

The Miami Business School rests in the heart of the University of Miami, in the southern section of the city on the edge of the Mahi Waterway. The school is located less then 10 miles south of the Miami International Airport.

Facilities

The School of Business Administration Complex at the Miami Business School houses the George W. Jenkins Building and the William and Elsa Stubblefield Classroom Building. The Stubblefield Classroom Building features classrooms, faculty offices, conference rooms, and other administrative areas, while the Sanford L. Ziff Graduate Career Services Center and the Alma Jennings Foundation/Carlos and Rosa de la Cruz Study Center are housed on the first floor of the Jenkins Building.

Faculty

Faculty at the Miami Business School teach in nine different departments and represent 30 different countries.

Student Body

The most recent Miami Business School MBA full-time MBA class featured around 60 percent male students and 40 percent female students. Most enrolled students earned an undergraduate degree in business (34 percent), engineering (19 percent), and humanities/social sciences (17 percent).

MBA Degree Offerings

The Miami Business School offers a traditional full-time MBA, an accelerated seven month MBA, and a specialized Accelerated MBA in Real Estate, in addition to several different Executive MBAs, a part-time Professional MBA, and an Online MBA. The school also has several dual degree options, including a BArch/MBA, MD/MBA, JD/MBA, JD/LLM/MBA, and a Ph.D./MBA.

Videos

Dr. David Kelly

Like other ‘black swan’ events, such as the 2008 recession or 9/11, the coronavirus pandemic has stormed in unexpectedly and ensued sweeping economic impacts – meanwhile seeming predictable only in hindsight. Miami Herbert’s David Kelly, professor of economics, underlines the importance of sustainable business, which emphasizes the need to prepare for such challenges. What is a sustainable business today? A sustainable business conducts strategies that take environmental and social wellbeing into account, and hence attenuate external risk factors, to ensure the company’s longevity. Managers regularly evaluate familiar risks such as debt incursion or production missteps, but for long-term survivability, decision-makers must also study dangers posed by periodic black swans. How should businesses prepare for a black swan? Though companies bear no responsibility for the disruption, they must contend with its effects on employees, communities, suppliers, and all various stakeholders. Managing with an eye for sustainability prompts decision-makers to strategize according to the ways that stakeholders affect the business. For instance, practices that prioritize employee health improve performance because healthier workers are more productive. By doing the same in areas such as supply chain and production processes, managers may use sustainable practices to identify and potentially mitigate risk factors associated with far-reaching and consequential events. Is there a conflict between growth and sustainability? The evolution of sustainable business over the last ten years provides an important lesson: sustainability practices benefit company growth and stakeholders alike. In the airline industry, for example, saving on fuel also lowers costs. Managers that evaluate operations for sustainability inevitably discover ways of supporting the environment or society while fulfilling stakeholder interests and increasing profits. Long-term risk management signifies one such way that sustainability may help achieve a win-win situation. Companies with only a short-term focus may pay the price during crises, whereas those with attention to sustainability build resilience and become better equipped to weather the storms. READ MORE: https://news.miami.edu/bus/stories/2020/04/black-swan.html COMPLETE COVERAGE: For additional COVID-19 Thought Leadership and business resources from Miami Herbert Business School faculty, visit https://www.bus.miami.edu/thought-leadership/covid19-thought-leadership/index.html.

From Hasbro to Microsoft

Meet Denzell Turner, who will graduate this year from Miami Herbert Business School's MBA. He shares how the MBA experience at Miami Herbert helped him secure a position as product marketing manager position at Microsoft in Seattle. From interning at Hasbro to gaining lifelong connections, Denzell reflects on his Miami MBA experience and has propelled to becoming a well-rounded marketing professional. For more info about the Ziff Career Development Center at the Miami Herbert Business School, please visit https://www.bus.miami.edu/academic-programs/mba-masters/career-services/index.html. Full Time MBA at Miami Herbert: https://www.bus.miami.edu/academic-programs/mba-masters/two-year-mba/index.html

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