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UM Home > Academic Bulletin > Graduate Academic Programs > School of Business Administration

Academic Bulletin

SCHOOL OF BUSINESS ADMINISTRATION – GRADUATE
www.bus.miami.edu

For specific information on the degree of your choice, choose from the menu on the left.

GRADUATE BUSINESS PROGRAMS

The School of Business Administration offers the Doctor of Philosophy in Economics and the Master degree in Business Administration.

The requirements for the Doctor of Philosophy degree are the same as those listed in the general section of this Bulletin.

MASTER OF BUSINESS ADMINISTRATION

The University of Miami School of Business Administration offers advanced instruction in business and administration leading to the Master of Business Administration degree.

The administrative skills and abilities attained in the MBA program can be applied to any organizational structure and elective credits may be used to explore a particular field of interest.

YEAR ONE

FALL SEMESTER – Building Management Skills

Term 1-1
ACC 670 Financial Reporting and Analysis
ECO 680 Essentials of Economics
MGT 675 Business Policy and Strategy

Term 1-2
ACC 671 Accounting for Decision Making
MAS 631 Statistics for Managerial Decision Making
MGT 620 Managing Through People

SPRING SEMESTER – Making Management Decisions

Term 1-3
FIN 641 Valuation and Financial Decision Making
MAS 632 Management Science Models for Decision Making
MKT 640 Foundations of Marketing Management

Term 1-4
CIS 610 Foundations of Management Information Systems
FIN 642 The Financial Environment
MGT 643 Principles of Operations Management

YEAR TWO

FALL SEMESTER – Expanding Career Opportunities

Term 2-1
Elective
Elective
Elective

Term 2-2
Elective
Elective
Elective

SPRING SEMESTER – The Executive Perspective

Term 2-3
Elective
Elective
Elective

Term 2-4
BSL 690 Legal and Ethical Implications of Business Decision Making
MGT 677 Corporate Strategy and Organization
MKT 650 Strategic Marketing

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INTERNSHIPS

The School of Business Administration does not award internship credit toward the MBA, but does encourage students to augment their classroom experience through a comprehensive internship program.

For further information, contact the Sanford L. Ziff Graduate Career Services Center.

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THE MBA PROGRAMS FOR EXECUTIVES AND PROFESSIONALS

The MBA program provides business executives and professionals the opportunity to earn the MBA and other graduate degrees by attending class only on Saturdays. Saturday programs include:

  1. MBA for Executives/Management
  2. MBA for Executives/International Business
  3. MBA for Executives/Health Administration and Policy
  4. MBA for Executives/Master of Science in Industrial Engineering
  5. MBA for Working Professionals (combination Monday evening and Saturday classes)/ International Business

To obtain detailed program curricula, please reference the current program brochure which can be requested by contacting the Office of Recruiting and Admissions at (305) 284-4607.

The School’s international outreach is demonstrated by MBA programs for Working Professionals in the Caribbean.

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MASTER OF SCIENCE IN PROFESSIONAL MANAGEMENT (MSPM)

This Executive/Working Professional program is taught in Spanish.

Textbooks are in English, therefore a reading knowledge of English is required.

The program is designed especially for managers and executives domiciled or who work extensively in Latin America.

This 36 credit hour program is taught in five, two-week sessions.

Each session, students take two classes and earn six credit hours.

Additionally, there is a six credit supervised, independent directed study course related to the students business to be completed by the end of the program.

The courses are organized in a sequential order.

The same group of students progress through the entire program.

Session 1

ACC 602 Analysis of Financial Statements 3 credits
CIS 621 Management Information Systems 3 credits
ESP 734 Research Project (Introduction) 6 credits

Session 2

MGT 651 Behavioral and Organizational Systems 3 credits
MKT 660 Foundations of Marketing Management 3 credits

Session 3

FIN 631 International Financial Management 3 credits
MGT 659 Management of Multinational Enterprise 3 credits

Session 4

ECO 675 Economic Problems of Latin America 3 credits
ACC 604 Seminar in Cost Accounting 3 credits

Session 5

BSL 612 Legal Aspects of International Business 3 credits
MGT 658 Strategic Management 3 credits
TOTAL CREDITS 36 credits

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DUAL DEGREE PROGRAMS

The JD/MBA degrees - The School of Law and the School of Business will each accept the transfer of six credits from the other schools program, thus enabling students to earn both degrees simultaneously with twelve fewer credits than if the degrees were earned independent of each other.

Students who apply to the joint JD/MBA program must apply and be admitted to the School of Law first and then to the School of Business Administration. JD students must apply and be admitted to the MBA program and enroll by the beginning of the fall semester of their third year of Law School.

JD/MBA students will be admitted to the MBA program for the Fall semester only.

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RESEARCH INSTITUTES

INSTITUTE FOR THE STUDY OF QUALITY IN MANUFACTURING AND SERVICE

The University of Miami Institute for the Study of Quality in Manufacturing and Service (UMISQ) is a joint effort between the School of Business Administration and the College of Engineering.

The mission and objectives of the Institute are stated below.

Mission

To promote the improvement and innovation of quality on local, national, and international levels through the acquisition, dissemination, and application of knowledge in the areas of science, technology, and management as related to Quality Science in general, and Six Sigma Management specifically.

Objectives

  1. To pursue a continuous program of faculty development in Quality Science.
  2. To conduct research in Quality Science and to publish its results through appropriate professional and academic outlets.
  3. To educate and train management, labor, UM students, and others in the theories and practices of Quality Science in general, and Six Sigma Management specifically.
  4. To provide a wide range of services designed to disseminate information in the area of Quality Science in general, and Six Sigma Management specifically.
  5. To remain financially self-sufficient.

INTELLIGENT COMPUTER SYSTEMS RESEARCH INSTITUTE

The Intelligent Computer Systems Research Institute is a center for research and information dissemination in applied artificial intelligence.

Applied Artificial Intelligence is the use of science and technology to assist the human mind (and body as in an intelligent robot) to do something it already does, or would like to be able to do faster, more elegantly, even innovatively.

The devices, the artifacts-computers, knowledge machines, logical circuits, inference engines, software-to accomplish such ends are designed and programmed by humans.

Multidisciplinary studies will cover areas of computer technology and software as applied to business, education, engineering, law, medicine, government, communications, and other fields in which the computer enhancement of mental capabilities should be significant.

The Institute acts as a repository and communicator of applied artificial intelligence knowledge.

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THE GRADUATE STUDENT ASSOCIATION

The Graduate Student Association (GSA) is the student government organization representing students in the Graduate School (and all schools and colleges included under the Graduate School). Established in 1969, the GSA is one of the oldest graduate student governments in the United States. The primary function of the GSA is to provide the means for responsible and effective graduate student participation in the planning and conduct of University affairs. The GSA serves as a liaison between graduate students, individually and collectively, the faculty and the administration. In addition, the GSA exists as a social and intellectual forum to support and improve the quality of the graduate student environment at the University of Miami.

The Graduate Student Association is made up of seven officers and nearly fifty full- and part-time senators; the role of the GSA is both supervisory and implementary, and its scope encompasses both academic and social interests of the University’s graduate student body. Officers and Senators meet regularly to discuss important issues and are often required to attend University-wide meetings with faculty, staff, administration and fellow students. The Graduate Student Senate is the primary body that represents the interests and concerns of the entire graduate student body at the University of Miami. The Senate is made up of one representative from every graduate department or program (currently there are 46 recognized graduate programs) at the University of Miami. The Senate coordinates most of the graduate activities and programs that the GSA sponsors, and acts as a hub for the exchange of information between different departments and programs. Typically, senators are either elected or appointed by their peers or program directors and serve for a one-year term. Each senator has one vote in the senate. Throughout the semester, the senate can issue directives, bills and resolutions pertaining to any aspect of graduate student life at the University of Miami, and works extremely closely with the Dean of the Graduate School in effecting changes and/or improvements.

The Senate, also as part of its charge, decides on and elects the new Executive Board of the Graduate Student Association each spring semester. Alternates are also elected or appointed to assist the senator when they are unable to carry out their duties.

The office of the GSA is located at Suite 21-T, 5606 Merrick Drive, please call 305-284-6750, e-mail: gsa@miami.edu, or visit our website at www.miami.edu/gsa for more information.

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GRADUATE ACTIVITY FEE ALLOCATION COMMITTEE (GAFAC)

The unallocated portion of the graduate activity fee produces an annual fund that is available for graduate students to seek for enrichment of their various activities. The monies are allotted by a graduate student committee composed of nine elected representatives from Architecture, Arts and Sciences, Business, Communication, Education, Engineering, International Studies, Music and Nursing; and the Treasurer of the Graduate Student Association.

Petitions for funds are judged on the merits of the individual requests, the anticipated direct or indirect benefit to the University, the effort of the petitioners to generate support from other areas, past experience with the petitioning group, if applicable, and the current amount of funds available.

Forms for petitions are available in the Office of the Vice President for Student Affairs, Room 244, Ashe Building.

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THE GRADUATE BUSINESS STUDENT ASSOCIATION

The Graduate Business Student Association (GBSA) is a professional and social student-run organization. All graduate business students become members once enrolled in a business masters program and are encouraged to attend meetings and events. The GBSA organizes presentations by executives from the business community on topics of interest to graduate students, and sponsors numerous social events and activities. The GBSA is governed by a committee that consists of a president, vice president professional, vice president social, secretary, member relations, treasurer, and promotions director. Elections take place at the end of each spring semester.

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FINANCIAL ASSISTANCE

GRADUATE ASSISTANTSHIPS AND FELLOWSHIPS

There are a limited number of merit-based graduate assistantships which are awarded at the time of admission to qualified full-time students entering in the fall semester only. Graduate Business Programs begins awarding assistantships in March. Typically, a graduate assistantship covers from 60% to 75% of tuition for graduate business credits required for the student’s degree and a stipend of $1,500 per semester. The student is assigned to a particular department in the School of Business and is expected to carry 12 credit hours and work 15 hours per week as assigned. Graduate Assistants’ academic progress and work performance are reviewed on a semester basis. Graduate assistantships are not automatically renewed.

In addition to graduate assistantships, there are a limited number of Emery Means Findley, Jr. Fellowships and scholarships which are awarded by Graduate Business Programs to applicants with outstanding academic credentials. Any applicant who wishes to be considered for a graduate assistantship or fellowship, should indicate this in the space provided on the application. Awards are available to domestic and international students entering in the fall semester only.

DONOR SCHOLARSHIPS

Several endowed scholarships are made available to incoming graduate business students on a one-time basis through the generosity of alumni and friends of the University of Miami School of Business Administration. These donor scholarships are for the purpose of recruiting students of high academic merit. The total number and amount of scholarship awards vary from year to year.

Scholarships will be awarded based on the recommendations of the Faculty Admissions Committee on a first come, first served basis. Since the number of scholarships is limited, students who meet the minimum criteria are not guaranteed a donor scholarship award.

We regret that a student is ineligible for financial awards if he/she receives tuition benefits from the University of Miami or accepts any assistantship, scholarship, grant or fellowship from the University of Miami, in addition to our offer. This includes employees, their spouses, and dependents.

BANK OF AMERICA - ENDOWED BUSINESS SCHOLARSHIPS*
Criteria: A graduate business school student based on a combination of scholarship and financial need, who will preferably specialize in Finance, Accounting, or Management.

THE HAROLD & MURIEL BERKMAN/ACADEMY OF MARKETING SCIENCE - ENDOWED SCHOLARSHIP FOR ACHIEVEMENT IN MARKETING
Criteria: Student with an undergraduate GPA of 3.4 and an undergraduate major in Marketing.

JACK R. BORSTING - GRADUATE SCHOLARSHIP ENDOWMENT
Criteria: Outstanding candidate for a master’s level business degree.

PATRICK J. CESARANO – ENDOWED SCHOLARSHIP*
Criteria: MBA student with a concentration in finance or management science/operations research. Based on academic excellence and financial need.

PAT & LON WORTH CROW - SCHOLARSHIP ENDOWMENT
Criteria: Graduate business student specializing in Finance, who possesses several years of work experience, preferably with an expressed interest in a career in banking or a banking-related field. U.S. citizen, preferably resident in South Florida community.

EMERY MEANS FINDLEY, JR. – ENDOWED GRADUATE FELLOWSHIPS IN BUSINESS
Criteria: Outstanding candidates for Graduate Business Programs.

ALBERT AND ESTHER GREEN ENDOWED SCHOLARSHIP
Criteria: Graduate Business Student with a health challenge, or student studying or working in Health Administration

ALLAN M. HERBERT & PATRICIA M. HERBERT – ENDOWED GRADUATE BUSINESS SCHOLARSHIP*
Criteria: Outstanding graduate business student, well-rounded, willing to finance his/her own education, and who appreciates the value of work and strives to combine study, work and extra-curricular activities.

JAMES W. McLAMORE – GRADUATE BUSINESS FELLOWSHIPS
Criteria: To recruit and retain outstanding graduate business students.

BRUCE E. MCLAUGHLIN & CYNTHIA M. SWOL - ENDOWED SCHOLARSHIP IN MARKETING*
Criteria: Graduate business student with concentration in Marketing, who has significant work experience prior to entering the MBA program. U. S. citizen, with preference given to female students with unmet financial need.

MERRILL LYNCH & CO. FOUNDATION, INC. – FELLOWSHIPS IN INTERNATIONAL FINANCE
Criteria: Graduate business student preparing for a career in International Finance.

SOUTHEAST BANKING CORPORATION FOUNDATION – ENDOWED SCHOLARSHIPS*
Criteria: Graduate student in the MBA program who is a Florida resident. Based on academic excellence and financial need.

* Essay Required
In 300 words or less, please explain why you need financial assistance to complete your MBA degree. The essay must be included with your application.

Various other donor scholarships are available based upon need, merit, or other specified criteria.

Students enrolled in M.A. or PH.D. programs through the Department of Economics should be aware of the following:

  1. All candidates for the degree are required to be involved in teaching and/or research activities. The teaching and/or research is intended to be of primary benefit to the recipient in furtherance of his/her education and training.
  2. Limited scholarship assistance is available on a competitive basis to Ph.D. candidates. These scholarships are not intended as compensation for services but are intended to assist outstanding students in furthering their education.

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ZIFF GRADUATE CAREER SERVICES CENTER

A. The Ziff Graduate Career Services Center’s mission is to provide top quality resources and career guidance to School of Business graduate students and build strong partner relationships with the corporate community.

1. This mission is fulfilled through an array of resources.

2.The Ziff Career Services Team is committed to providing each student with the resources needed for a successful job search.  Our personalized career program is designed to equip students with the necessary skills to competitively compete in the market place.

3. The Ziff Career Services Team is the student’s frontline resource to securing employment upon graduation.  Students who engage with the Ziff Graduate Career Services Center and will utilize the staff to assist in developing an effective career strategy and marketing campaign that will prepare them for a successful job search at all levels of their career. The marketing campaign will equip the student with a strategic résumé, hone their interview skills, generate contacts, develop networking opportunities, and prepare them for a successful career transition.

B. RESOURCES

1. Ziffonline.com web site – starting point to access many of our resources, submit resumes and obtain information.

2. Career Resource Center/CareerBeam - the best company and industry research tools, international databases, job leads and contact management tools available in the market.

3. InterviewStream – Take a virtual interview which will provide feedback and tips of non-verbal behavior and communication missteps.

4. Marketing Campaign – Your career success guidebook that provides a wealth of information on every stage of your job search process.

5. Vault – Provides information on industries companies and job search advice.

6. H1Base.com – Information on companies that hire international students.

7. H1Visajobs.com – Current job listings and information on companies that hire international students.

C. REGISTRATION

1. Graduate business students are required to register with the Ziff Graduate Career Center the first week of term one.

2. The registration process begins with attendance at the Ziff Graduate Career Center’s Career Orientation held Wednesday, the first week of term one.

3. Students are required to attend.

D. The Ziff Team Philosophy

1. The Ziff Team is committed to providing each student with the resources needed for a successful job search.  Our personalized Career Marketing Campaign course, conducted in term one and two, is designed to generate contacts, networking opportunities, interviews and job offers.

2. Students who engage with the Ziff Graduate Career Center will develop a strategic career strategy that will prepare them for a successful job search at all levels of their career.

E. ON CAMPUS INTERVIEWS/CORPORATE RECRUITING

1. The recruiting program begins in the fall semester from mid-September through mid-December and continues from mid-January through May.

2. The Ziff Graduate Career Center has a national focus, contacting Fortune1000, and southeast regional companies to interest them in hiring University of Miami School of Business Administration graduates.

3. Business students can utilize the Ziff Graduate Career Services Center’s Internet Employment system to sign up for on-campus interviews, monitor corporate presentation schedules and stay abreast of job opportunities offered by companies that are recruiting off campus.

F. INTERNSHIPS

1. The School of Business Administration encourages students to augment their classroom experience through a comprehensive internship program.

2. Students who are interested in internships should register with the Ziff Graduate Career Center as soon as they arrive on campus.

G. CAREER EMPLOYMENT LISTINGS

1. The School of Business has established relationships with many companies both locally and nationally.

2. As a result, the Ziff Graduate Career Center regularly receives career opportunities that are made available through Ziffonline.com, to students and alumni alike so they can review career opportunities listed with the Ziff Graduate Services Career Center.

H. RÉSUMÉ BOOK

1. Each year, the Ziff Graduate Career Center produces for employers targeted Résumé CDs of graduating students and students seeking summer internships.

2. Additionally, with the student’s permission, the Ziff Graduate Career Center will place the student’s résumé on the Ziff Web Résumé Book, providing access to recruiters throughout the world, who peruse Ziff Graduate Career Center résumés.

I. CAREER INFORMATION

1. Company contact information can be downloaded by students on the students’ secure site at www.ziffonline.com and identified using the Ziff Career Success Center/CareerBeam a resource that providesindustry research tools, international databases, job leads and contact management tools.

2. Additional corporate information is available in the Career Resource Room in the form of annual reports, business publications, newspapers, and select on-line services.

3. Available online resources are The Wall Street Journal,  Vault,  and many other sources providing comprehensive business information via the Web.

4. Also accessible is a Bloomberg Financial Services terminal that provides comprehensive financial analysis and information on all publicly traded companies.

5. Students can access numerous popular web sites listing positions both nationally and internationally using state-of-the-art computers in the Ziff Resource Room.  Students are encouraged to visit the Ziff Graduate Career Center’s home page at www.ziffonline.com for detailed information about these services.

J. ‘CANE CONNECTIONS

1. ‘Cane Connections is an online University of Miami database that allows students to talk to alumni throughout the United States about their work experiences and gather other career related information. The database is a valuable network of contacts in a variety of fields. It is accessible through www.miamialumni.net.

2. To participate, students must register with the Ziff Graduate Career Center.

J. STUDENT RESPONSIBILITY

1. Ultimately, success in securing a job is defined by the student.  Together with the Ziff Graduate Career Center as a partner, the student can create a successful marketing campaign that will connect him/her to a network of contacts and networking opportunities leading to interviews and job offers.

2. Students are to register online with the Ziff Graduate Career Center the first week of term one.

3. Students are required to meet with their assigned career advisor in term two to discuss their career goals and develop a personalized career action plan/marketing campaign that will lay out the strategy and timing sequence of their goals.

4. Students are expected to visit the Ziff Graduate Career Center regularly and access Ziffonline.com to identify on-campus recruiting activities, corporate presentations, relevant workshops and MBA clubs sponsored events.

The Ziff Graduate Career Services Center is located in the School of Business complex on the first floor of the Jenkins Building.

The MENTOR PROGRAM

1. The School of Business Mentor Program is designed to enhance the classroom experience by matching students one-to-one with local corporate representatives or entrepreneurs working in the students’ area of career interest, or versed in areas of professional development.

2. Through personal interaction with experienced business professionals, students gain an understanding of corporate culture, career directions, and networking.

3. Graduate business students are encouraged to participate.

4. Applications are available at the School of Business Office of Alumni Relations, 215 Jenkins Building.

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