University of Miami Patti and Allan Herbert Business School
The Patti and Allan Herbert Business School (commonly Miami Herbert Business School) is the business school of the University of Miami in Coral Gables, Florida. Founded in 1929 and renamed in 2019 after major philanthropic support from Patti and Allan Herbert, the school offers a range of undergraduate and graduate programs with a strong emphasis on international experience and career placement.
Key facts
- Location: Coral Gables, Florida (University of Miami)
- Founded: 1929; renamed in 2019
- Enrollment: about 3,200 students total, roughly 900 graduate students
- Alumni network: more than 45,000 graduates
- Typical MBA starting salary: approximately $80,000
- Common employer sectors: financial services, real estate, health care
Academic programs
Miami Herbert offers undergraduate and graduate degrees across business disciplines. Undergraduates can choose from roughly 14 majors, including:
* Accounting
* Economics
* Finance
* Marketing
* Real estate
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Programs support interdisciplinary study, allowing students to combine business majors with courses in arts, sciences, and other university disciplines.
International opportunities
The school places strong emphasis on international exposure. Undergraduate and graduate students can participate in exchange programs and short-term study trips with partner institutions worldwide. Typical destinations have included Italy, China, South Africa, and Ecuador’s Galápagos Islands, among others.
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MBA and rankings
Miami Herbert’s MBA program is regularly recognized in national and international business-school rankings. It is frequently ranked among the top 100 global MBA programs (often appearing within the top 70 in various publications). The program prepares students for leadership roles across functions such as general management, finance, accounting, marketing, and sales.
Career outcomes and alumni
Graduates commonly enter careers in financial services, real estate, and health care. Full-time MBA alumni report average starting salaries near $80,000 and move into roles spanning finance, management, and commercial functions.
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Notable alumni from the school include corporate leaders such as Raul Alvarez (former President of McDonald’s), Jack Creighton (former CEO of United Airlines), and Joseph J. Echevarria, Jr. (former CEO of Deloitte).
Conclusion
Miami Herbert Business School combines a long institutional history with international programs and strong ties to industry, offering broad undergraduate options and a widely recognized MBA program that supports career entry into finance, real estate, health care, and general management.