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P.O. Box 248505
Coral Gables, FL 33124-6524
p. (800) 531-7137
f. (305) 284-1878

School of Business Administration

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Academics

The School of Business Administration offers the Master of Business Administration (MBA), Master of Science in Taxation (MST), Master of Professional Accounting (MPAcc), Master of Science in Computer Information Systems (MSCIS), Master of Science in Management Science (MSMS), Master of Arts in Economics (MAE), and Master of Public Administration (MPA) as well as a doctoral program in economics and a joint degree in law (JD/MBA). The strongest areas of study are international business, management, finance, management science, and marketing.

Forty-eight total credits are required to complete the MBA, including 18 elective credits. Required courses include:

  • Financial Reporting and Analysis
  • Business Policy and Strategy
  • Essentials of Economics
  • Accounting for Decision Making
  • Statistics for Managerial Decision Making
  • Managing Through People
  • Valuation and Financial Decision Making
  • Management Science Models for Decision Making
  • Foundations of Marketing Management
  • The Financial Environment
  • Principles of Operations Management
  • Foundations of Management Information Systems
  • Legal and Ethical Implications of Business Decision Making
  • Corporate Strategy and Organization
  • Strategic Marketing

The minimum time permitted to complete the master’s degree program attending full time is 1 year; maximum, 6 years.

There are 142 total full-time graduate business faculty, of whom 81% hold a doctorate. Faculty salaries are rated average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 4; average business class size is 28.

Admissions

A bachelor’s degree is required. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT. Most important admissions factors are academic accomplishments and ability, GMAT results, and grades in upper-level courses. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 390; 258 were accepted; 112 enrolled. The average GPA was 3.18; average GMAT score was 600. Transfers are not accepted.

Students may begin the MBA program in the fall and spring. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $50, 1 letter of recommendation, and a resume. The application deadline is rolling for fall entry. Students are notified of the admissions decision after all admission materials are received. Once accepted, students may defer admission for up to 1 year from the initial term of admission.

Financial Aid

About 45% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $30,007 annually; maximum $55,820. The FAFSA is required. The application deadlines are March 1 for fall entry; November 1, spring.

Tuition for all students is $1280 per credit, or $30,720 per year. Books and supplies cost approximately $1080; personal expenses, $3060; and other fees, $220, for an estimated annual total of $35,080. Graduate student housing is not available. There is a referral service to help procure off-campus housing.

Students

All of the current graduate business school class are enrolled full time; 71% have had an average of 2 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from Florida (42%). Thirty-two percent are women, 38% are minorities, and 31% are foreign nationals. The average age at entrance is 25; ages range from 21 to 35. Sixteen percent enter directly from undergraduate school; 3% already have a graduate degree. Students’ undergraduate majors were as follows: 64%, business and 10%, engineering. About 2% of entering students leave by the end of the first year due to academic or personal reasons. In 2006, 111 graduate business degrees were awarded.

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