University of Miami Online Professional MBA - Herbert Business School

The University of Miami’s Herbert Business School offers an online professional MBA with a general track or one of three focus areas: corporate finance, financial decision-making, and accounting practice. No campus visits are required, however, students have the opportunity to attend an on-campus orientation and a week-long residency.

The professional master of business administration may be earned in 24 to 28 months depending on the path chosen. Students take one course at a time, which last seven weeks each. No GMAT is required and start dates land in the fall, spring, and summer.

Topics covered in the online MBA may include marketing management, financial accounting, microeconomics, information systems, economic theory, sustainability, equity, statistical analysis, organizational behavior, and legal issues in managerial decision-making.

The MBA with corporate finance focus is designed for professionals interested in pursuing corporate finance roles, including investor relations, corporate development, financial planning, financial analysis, capital budgeting, and treasury management.

The MBA with financial decision-making focus is designed for professionals who desire to learn more about ethical and effective leadership and take on positions with investors, corporate management, and money management.

The MBA with accounting practice focus is designed for those without prior accounting experience who desire to learn financial and managerial accounting practices, how to use accounting information systems, and how to navigate taxation and the laws involved. Note that the accounting practice focus may currently be on hold pending SACSCOC approval.

The University of Miami is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). The online professional MBA is accredited through the Association to Advance Collegiate Schools of Business (AACSB). The University of Miami is located in Coral Gables, Florida.

What to Expect from the University of Miami Online Professional MBA

Admission Requirements: Applicants to the online MBA program must hold a bachelor’s degree from a regionally accredited institution with a minimum GPA of 3.0 or higher. No GMAT or work experience is required; however, a current resume is required.

Application materials include an online application, unofficial transcripts, a current resume, two professional recommendations, and a personal statement. Proof of English language proficiency is required as applicable. Applicants must also request that official transcripts be sent to the University of Miami.

Study Plan: The University of Miami runs courses one at a time, every seven weeks. Start dates land in the fall, spring, and summer. The professional MBA without a focus area as well as the corporate finance and financial decision-making foci may be earned in 24 to 28 months. The online MBA with an accounting practice focus takes 28 months to complete.

The MBA program is 100 percent online, but students have the opportunity to attend an in-person, weekend orientation at the beginning of the program, as well as a week-long campus residency. Those who do not attend the in-person orientation have access to an online orientation alternative.

Curriculum: The University of Miami online professional MBA comprises 42 credits. The MBA with a corporate finance focus or financial decision-making focus comprises 47 credits. The online MBA with an accounting practice focus comprises 51 credits.

Core courses for all pathways include the fundamentals of finance, accounting, and economics; the foundations of marketing management; management information systems; essentials of economics theory; an introduction to financial and managerial accounting; managing responsible behavior in organizations; the legal implications in executive decision-making; statistical analysis for managerial decision-making; operations management; and strategic management.

Students in the professional MBA without a focus area complete 42 credits over 13 courses. Electives may include intermediate corporate finance and investments; operations research models in management; and other elective courses.

The MBA with corporate finance focus requires the completion of 47 credits over 15 courses. Courses beyond the core requirements may include intermediate corporate finance and investments; international investments and valuation; applied corporate finance; and statistical analysis for managerial decision-making.

The MBA with financial decision-making focus comprises 47 credits over 14 courses. Additional course requirements include intermediate corporate finance and investments; international investments and valuation; financial decision-making; and an additional elective.

The MBA with accounting practice focus comprises 51 credits over 15 courses. Additional courses include intermediate accounting; taxation; accounting information systems; and operations research models in management.

Online Experience: The University of Miami utilizes the UOnline learning platform to deliver asynchronous course materials. This is also where discussion boards and office hours take place. Courses include checkpoints and deadlines throughout each seven-week course to keep students on track. There are three on-campus experiences offered including a weekend orientation and two on-campus residencies.

Students have access to 24/7 technical support, career coaching, faculty support, a large alumni network, an online bookstore and library, financial aid services, and academic advisors.

On-Site Requirements: There are no on-site requirements as the UOnline MBA is 100 percent online. Students do have opportunities to visit campus through a weekend program orientation and a week-long residency course.

During orientation, students are trained in the use of the UOnline learning platform as well as touring the Coral Gables campus and meeting with alumni, faculty, and fellow students. Another opportunity for an on-site experience is the option to complete one course at the Coral Gables campus over a week-long residency.

Paying for the University of Miami Online Professional MBA Program

Online professional MBA students pay $2,213 per credit plus fees. University of Miami online graduate students may have access to graduate student loans in accordance with the FAFSA as well as scholarships through the university. Veteran and military tuition discounts may apply. MBA students are encouraged to inquire with their employers regarding a tuition reimbursement program and seek funding from other outside sources. Applicants should contact the Miami Herbert Business School for current costs, discounts, and financial aid.

University of Miami Online Master of Business Administration

  • Earn a professional MBA or add a concentration in corporate finance, financial decision-making, or accounting practice
  • Take advantage of optional in-person orientation and two on-campus residencies
  • Courses are delivered in 7-week intervals with checkpoints to ensure student success
Program Essentials
Degree Level Master's Degree
Program Start Dates Fall, Spring, Summer
Credits Needed to Graduate 42
Time to Complete? Graduate in as little as 24 months.
100% Online? Yes (two optional campus residency experiences)
Program Accreditation AACSB
Program Admissions
Level of Education Required? Bachelor's Degree or higher
GPA Required? 3.0 or Higher
GRE or GMAT Required? No GMAT required
Work Experience Required? A resume is required with application
Program Tuition
Credit Hours 42
Average Cost Per Credit $2,213.00
Estimated Program Tuition * $92,946

University of Miami Online MBA - Corporate Finance

Program Essentials
Degree Level Master's Degree
Program Start Dates Fall, Spring, Summer
Credits Needed to Graduate 47
Time to Complete? Graduate in as little as 24 months.
100% Online? Yes (two optional campus residency experiences)
Program Accreditation AACSB
Program Admissions
Level of Education Required? Bachelor's Degree or higher
GPA Required? 3.0 or Higher
GRE or GMAT Required? No GMAT required
Work Experience Required? A resume is required with application
Program Tuition
Credit Hours 47
Average Cost Per Credit $2,213.00
Estimated Program Tuition * $104,011

University of Miami Online MBA - Financial Decision-Making

Program Essentials
Degree Level Master's Degree
Program Start Dates Fall, Spring, Summer
Credits Needed to Graduate 47
Time to Complete? Graduate in as little as 24 months.
100% Online? Yes (two optional campus residency experiences)
Program Accreditation AACSB
Program Admissions
Level of Education Required? Bachelor's Degree or higher
GPA Required? 3.0 or Higher
GRE or GMAT Required? No GMAT required
Work Experience Required? A resume is required with application
Program Tuition
Credit Hours 47
Average Cost Per Credit $2,213.00
Estimated Program Tuition * $104,011

University of Miami Online MBA - Accounting Practice

Program Essentials
Degree Level Master's Degree
Program Start Dates Fall, Spring, Summer
Credits Needed to Graduate 51
Time to Complete? Graduate in 28 months.
100% Online? Yes (two optional campus residency experiences)
Program Accreditation AACSB
Program Admissions
Level of Education Required? Bachelor's Degree or higher
GPA Required? 3.0 or Higher
GRE or GMAT Required? No GMAT required
Work Experience Required? A resume is required with application
Program Tuition
Credit Hours 51
Average Cost Per Credit $2,213.00
Estimated Program Tuition * $112,863

* Tuition is calculated based on credits, at the currently published tuition rate. For programs with variable tuition rates, we use the out of state, part-time student rate. Tuition number represents the cost of tuition for the entire program, not per semester or year. Total cost of tuition does not include additional fees. Please see the school website for the most up-to-date tuition costs.

Sara Navratil
Sara Navratil
Writer

Sara Navratil is a freelance writer and a Certified Canfield Success Principles Trainer. She's the owner of Sara Liza Life, a company dedicated to helping people rewrite their lives. She enjoys researching and writing about entrepreneurial and general business topics, and providing detailed information on online MBA programs. When not working she likes to read, bake, and spend time with her family.