University Of Miami School Of Business Administration

Key Takeaways

• The University of Miami Patti and Allan Herbert Business School was founded in 1929 and offers undergraduate and graduate degrees.
• The school's MBA program frequently ranks among the top 70 worldwide.
• The University of Miami Patti and Allan Herbert Business School emphasizes international exchanges, offering programs in Italy, China, and more.
• Graduates often work in financial services, health care, and real estate sectors.
• Alumni include influential leaders like Raul Alvarez of McDonald's and Jack Creighton of United Airlines.

What Is the University of Miami Patti and Allan Herbert Business School?

The University of Miami Patti and Allan Herbert Business School is a business school located at the University of Miami in Coral Gables, Florida. Founded in 1929, the school offers a mixture of undergraduate and graduate programs, including the top-ranked Master of Business Administration (MBA), with a strong emphasis on international exchange placements. The school empowers students to pursue careers in financial services, health care, and real estate sectors.

It received its current name in 2019 in recognition of the numerous gifts given to the school by its alumni, Patti and Allan Herbert. It was known as the University of Miami School of Business Administration before this change.

Miami Herbert Business School Programs and Opportunities

The Miami Herbert Business School offers both undergraduate and graduate degrees. Its undergraduate students can work toward 14 different majors, in subjects such as accounting, economics, finance, marketing, and real estate. These can also be combined with other subjects in a diverse range of disciplines outside of business, such as those in the Arts and Science faculties.

The university places a strong emphasis on international experience among its undergraduate students. This is accomplished through a variety of foreign-exchange programs and partnerships with foreign universities. By taking advantage of these programs, Miami Herbert Business school students can complete planned semesters in locations such as Italy, China, South Africa, and even Ecuador’s famous Galapagos Islands.

At the graduate level, the Miami Herbert Business School is known for its MBA program, which is regularly ranked among the top 100 MBA programs worldwide by organizations such as BusinessWeek, Forbes, and The Financial Times.12

Career Paths and Success Stories from Miami Herbert Alumni

Today, the Miami Herbert Business School is home to roughly 3,200 students, of whom about 900 are graduate students. Upon graduation, its students’ most common employers are in the financial services, real estate, and health care sectors. With an average starting salary of about $80,000, its full-time MBA graduates are commonly employed in roles such as general management, finance and accounting, and marketing and sales.3

The Miami Herbert Business School alumni community is over 45,000 strong, with many notable members. These include Raul Alvarez, former President of McDonald’s (MCD); Jack Creighton, former CEO of United Airlines (UAL); and Joseph J. Echevarria, Jr., former CEO of Deloitte.