The School of Business Administration offers courses leading to the degrees of Bachelor of Business Administration (BBA) and Bachelor of Science in Business Administration (BSBA). Undergraduate degrees in business are administered by the Vice Dean, Undergraduate Business Programs.
The mission of the University of Miami School of Business Administration is to provide an environment in which the creation and dissemination of business knowledge can flourish.
The Bachelor of Science in Business Administration and the Bachelor and Master of Business Administration as well as the undergraduate and graduate Accounting programs are fully accredited by The Association to Advance Collegiate Schools of Business, International (AACSB – International).
Admission to the University for undergraduate study as a freshman is sufficient to be granted admission to the School of Business Administration. However, strong quantitative skills are typically needed for success. Admitted students may select an intended major and optional minor(s). Students who do not state an intended major are listed as undeclared in business.
The transfer applicant must submit a satisfactory academic record in compliance with the standards of the University of Miami, Office of Admission. All previous transfer courses must be from an accredited institution. The applicant must be in good academic standing at all institutions previously attended with a minimum cumulative grade point average of 3.0. A minimum grade of "C" (2.0) must be earned in transfer courses, unless otherwise stated, in order for credit to be awarded. All grades earned in transfer courses are used to determine the overall cumulative grade point average. This includes repeated courses under a forgiveness policy at previous institutions.
All applicants to the School of Business Administration must have completed and received college credit for a calculus course and earned a grade of “B” or better. The calculus course must be evaluated by submitting the syllabus and textbook title for review to the Director of Advising, Undergraduate Business Programs in the School of Business Administration.
Any business course that is from a non-AACSB accredited institution will be accepted as electives toward the degree requirements. An applicant may appeal the decision by submitting the syllabus and textbook title to the appropriate department for review.
Transfer coursework must meet the specific curriculum requirements as determined by the Office of Undergraduate Business Programs. Note that transfer students must complete 50 percent of the total Business Foundation and Professional Business Core and 50 percent of all major and all minor courses at the University of Miami.
It is strongly recommended that transfer applicants meet the following requirements at the time of transfer application:
It is strongly recommended that transfer applicants applying with 60 semester hours or more meet the following requirements at the time of transfer application:
- A student who is precluded from continuing as an undergraduate business student because of failure to satisfactorily complete the required business foundation courses or to attain a high enough grade point average is not considered as having been academically dismissed from the University. Accordingly, such students may apply to another School or College and if accepted, continue as students at the University of Miami.
The Freshman Repeat Rule (FRR) allows a student who receives a "D" or an "F" in a course taken at the University of Miami within the student's first thirty semester hours or first two regular semesters of college work, to repeat up to two such courses within the following two semesters. After the course has been repeated, only the second grade earned will be used in the computation of the student's cumulative grade point average. However, the initial grade remains on the record, although the initial grade does not count as credits attempted or earned at the University of Miami.
The following policy is applied specifically to business students using the University’s Freshman Repeat Rule (FRR):
- The student’s academic standing is based upon the current grades being counted as credits attempted or earned;
- Students who repeat a course not under the provisions of the FRR are administered using the University General Repeat Rule;
- Students desiring to implement the policy must complete the FRR Request Form which is available in the School of Business Administration, Office of Undergraduate Business Programs;
- The summer sessions are not counted as a semester in computing the two semesters in which a student may elect to repeat a course with a “D” or “F” grade. Additionally, a student who initially enters the University in the spring semester may repeat courses with a “D” or “F” grade taken in the summer sessions following initial enrollment without having the summer sessions count as one of the first two semesters;
- For additional information about the FRR, consult an Undergraduate Business Academic Advisor.
The requirements for readmission may be viewed at the University’s website.
The following special conditions are in effect for the School of Business Administration:
- Students requesting readmission who were previously dismissed for academic reasons or who had below a 2.0 cumulative grade point average must present adequate evidence that the conditions and/or factors that caused their prior poor academic performance have changed sufficiently and that there is a reasonable expectation of satisfactory performance if they are permitted to resume study in the School of Business Administration;
- Additionally, students with prior unsatisfactory academic records who are readmitted may have conditions placed upon their readmission;
- Failure to satisfactorily accomplish the stated conditions may result in the student not being permitted to register for future semesters.
The School of Business Administration reserves the right to change academic requirements to include course offerings, grades, and grade point averages, to ensure that students are receiving the latest knowledge and are maintaining standards necessary to be professionally competitive. Changes are transmitted to students either by written or electronic notice, or by academic advisors or mentors.
REQUIREMENTS FOR GRADUATION
A candidate for the BBA or BSBA degree must complete the last 45 semester hours consecutively and exclusively in degree-seeking status in residence at the School of Business Administration, University of Miami, as well as meet the graduation requirements as listed in Academic Degree Program. Credit by examination may not be used to meet the residency requirement. In addition, a minimum of 120 semester hours is required for graduation, not including ENG103, or MTH099. The last 56 semester hours must be taken at a four-year institution.
Credits more than 12 years old are not recognized for degree purposes.
Students must earn a cumulative grade point average of at least 2.0 on all undergraduate courses and a grade point average of at least 2.0 on all undergraduate courses taken at the University of Miami. Some majors require a higher grade point average. It is the student’s responsibility to be familiar with the grade point requirement for their respective major.
At least fifty percent of the total semester hours required in the Business Foundation, Professional Business Core, and the major and minor must be completed at the University of Miami. Considered separately, fifty percent of the semester hours required in the major only and/or minor only must be completed at the University of Miami.
DEGREE PROGRAMS
A. BUSINESS FOUNDATION (39 Semester Hours)
ACC211* Principles of Financial Accounting
ACC212 Managerial Accounting
BSL212 Introduction to Business Law
CIS150* Business Analytics
ECO211* Economic Principles and Problems – Microeconomics
ECO212 Economic Principles and Problems – Macroeconomics
ENG105* English Composition I
ENG106* English Composition II
MAS 110* Quantitative Applications in Business (Business Calculus)
MAS201* Introduction to Business Statistics
MAS202 Intermediate Business Statistics
MGT100* F.I.R.S.T. Step
MKT201 Fundamentals of Marketing
*Classes marked with an asterisk must be completed BEFORE beginning the Professional Business Core courses.
Unless otherwise specified, MAS110 and MAS201 must be completed with a “C-” or better.
ALL Business Foundation courses must be completed before entering any business major and/or minor course work.
B. PROFESSIONAL BUSINESS CORE (21 Semester Hours)
CIS410 Information Systems and Technology
ECO302 Micro Economic Theory
FIN302 Fundamentals of Finance
MGT303 Operations Management
MGT304 Organizational Behavior
MGT401 Strategic Management (Must be taken in final semester)
CORE ELECTIVE Any course at 300 level or higher from the School of Business Administration or any course at the 300 level or higher in a
modern language.
C. GENERAL EDUCATION (30 Semester Hours)
ENG330 Advanced Business Writing
Fine Art
Humanities
Literature From Department of English
Natural World (6 Semester Hours)
People and Society (6 Semester Hours)
Philosophy or Religion
General Education Elective (From outside the School of Business Administration)
D. MAJOR AND MINOR REQUIREMENTS
All students must complete the requirements for at least one major in one of the areas of specialization. Additionally, students may elect to complete a minor in an area of specialization distinctly different from their major. The minor may be in an area of specialization offered by the School of Business Administration or by another school or college of the University. The major and minor requirements are specified by each department. All specialization (major/minor) requirements must be taken for a grade and completed with a grade of “C-” or higher with an overall grade point average in all major and minor courses attempted of at least a 2.0 unless a higher grade or grade point average is prescribed for a specific major or minor.
Dual Business Majors in distinctly different areas of specialization are also possible, pending proper scheduling. The only specialized courses that can be counted toward two majors or a major and a minor are those courses specifically listed by number as required for both majors and/or minors. The courses of choice required for one major or minor may not be utilized to satisfy requirements for a second major or minor. Business students desiring another major outside the School of Business Administration must complete all requirements for both degrees and majors. Students in other colleges and schools desiring a major in the School of Business Administration must complete all requirements for both degrees and majors.
Students are required to declare their majors and minors with the Office of Undergraduate Business Programs prior to the start of their senior year. Students are advised that it often takes more than the minimum 120 semester hours to complete a minor or second major.
Minors offered by other colleges and schools
Please see the college, school, or department section within
the Bulletin.
E. ELECTIVES (as needed to meet the minimum 120 semester hours)
All undergraduate courses offered by the University may be used as free electives with the following exceptions:
- Not more than eight semester hours in applied music including band may be used;
- Courses taken in the following subjects require approval of the Vice Dean: athletic, physical and recreational activity courses offered in Exercise and Sport Sciences, Paralegal Studies, Vocal Performance and Teaching and Learning;
- ENG103 - Basic Writing Skills and MTH099 - Intermediate Algebra are offered but do not count toward degree requirements and the grade earned in the respective course is calculated into the cumulative grade point average;
- Any science courses taken as electives and used for preparing for entrance to medical school must be taken for a grade.
F. WRITING ACROSS THE CURRICULUM
Four of five courses are provided within the degree requirements by the completion of BSL212, ENG330, one literature course, and MGT401. A fifth writing course is needed to complete University writing requirements.
G. INTERNATIONAL FOCUS WITHIN THE CURRICULUM
At least one course with an international focus must be completed within the degree requirements. The acceptability of the course is determined by the academic advisor.
BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION (BSBA)
Areas of Study
The BSBA degree in the School of Business Administration emphasizes quantitative foundation courses. All BSBA majors in the School of Business must complete areas A, B, C, D, E, F, and G as listed below. All courses except area E must be taken for graded credit.
A. BUSINESS FOUNDATION (44 Semester Hours)
ACC211* Principles of Financial Accounting
ACC212 Managerial Accounting
BSL212 Introduction to Business Law
CIS150* Business Analytics
ECO211* Economic Principles and Problems – Microeconomics
ECO212 Economic Principles and Problems – Macroeconomics
ENG105* English Composition I
ENG106* English Composition II
MAS311* Applied Probability and Statistics
MAS312 Statistical Methods and Quality Control
MTH111* Calculus I
MTH112* Calculus II
MGT100* F.I.R.S.T. Step
MKT201 Foundations of Marketing
*Courses marked with an asterisk must be completed before entering the Professional Business Core courses.
All Business Foundation courses must be completed before entering business major course work
B. PROFESSIONAL BUSINESS CORE (21 Semester Hours)
CIS320 Introduction to Programming (Or any other programming course)
ECO302 Micro Economic Theory
ECO430 Applied Econometrics
FIN302 Fundamentals of Finance
MGT303 Operations Management
MGT304 Organizational Behavior
MGT401 Strategic Management (Must be taken in final semester)
CORE ELECTIVE Any course at 300 level or higher from the School of Business
Administration or any course at the 300 level or higher in a
modern language.
C. GENERAL EDUCATION (23-24 Semester Hours)
ENG330 Advanced Business Writing
Fine Art
Humanities
Literature From Department of English
Natural World (8-9 semester hours with or without labs)
Philosophy or Religion
D. MAJOR AND MINOR REQUIREMENTS
All students must complete the requirements for at least one major in one of the areas of specialization. Additionally, students may elect to complete a minor in an area of specialization distinctly different from their major. The minor may be in an area of specialization offered by the School of Business Administration or by another school or college of the University. The major and minor requirements are specified by each department. All specialization (major/minor) requirements must be taken for a grade and completed with a grade of “C-” or higher with an overall grade point average in all major and minor courses attempted of at least a 2.0 unless a higher grade or grade point average is prescribed for a specific major or minor.
Dual Business Majors in distinctly different areas of specialization are also possible, pending proper scheduling. The only specialized courses that can be counted toward two majors or a major and a minor are those courses specifically listed by number as required for both majors and/or minors. The courses of choice required for one major or minor may not be utilized to satisfy requirements for a second major or minor. Business students desiring another major outside the School of Business Administration must complete all requirements for both degrees and majors. Students in other colleges and schools desiring a major in the School of Business Administration must complete all requirements for both degrees and majors.
Students are required to declare their majors and minors with the Office of Undergraduate Business Programs prior to the start of their senior year. Students are advised that it often takes more than the minimum 120 semester hours to complete a minor or second major.
Majors and Minors for the BSBA Degree
Minors offered by other colleges and schools
Please see the college, school, or department section within
the Bulletin.
E. ELECTIVES (as needed to meet the minimum 120 semester hours)
All undergraduate courses offered by the University may be used as free electives with the following exceptions:
- Not more than eight semester hours in applied music including band can be used;
- Courses taken in the following subjects require prior approval of the Vice Dean: athletic, physical and recreational activity courses offered in Exercise and Sport Sciences, Paralegal Studies, Vocal Performance and Teaching and Learning;
- ENG103 - Basic Writing Skills and MTH099 - Intermediate Algebra are offered but do not count toward degree requirements and the grade earned in the respective course is calculated into the cumulative grade point average;
- Any science courses taken as electives and used for preparing for entrance to medical school must be taken for a grade.
F. WRITING ACROSS THE CURRICULUM
Four of five courses are provided within the degree requirements by the completion of BSL212, ENG330, one literature course, and MGT401. A fifth writing course is needed to complete University writing requirements.
G. INTERNATIONAL FOCUS WITHIN THE CURRICULUM
At least one course with an international focus must be completed within the degree requirements. The acceptability of the course is determined by the academic advisor.
MINORS
INTERNATIONAL BUSINESS MINOR
IBUB MINOR
The International Business minor provides business students an interdisciplinary perspective of international business to augment their studies in other areas of specialization. The International Business minor consists of 12 semester hours as follows:
Core Courses - Choose two, three, or four courses from the following:
ACC523
FIN330
MGT349
MGT459
MKT360
Breadth Elective Courses - Choose one or two courses to equal 12 total semester hours for the IBUB minor from:
BSL412 ECO442 POL346 POL381 POL391 POL585
ECO351 FIN431 POL347 POL384 POL392 POL588
ECO371 MGT359 POL348 POL385 POL544 POL591
ECO441 MKT469 POL380 POL387 POL582 POL593
The IBUB Minor may not be taken by students with the IFM major.
Student must complete all prerequisite courses before enrolling in required IBUB courses.
MINORS FOR NON-BUSINESS MAJORS (12-15 Semester Hours for Minor)
The School of Business Administration offers students in other schools and colleges of the University minors in:
The International Business minor, the Accounting minor and the Management Science minor (BSBA degree only) are offered only to majors in the School of Business Administration.
Students interested in completing a minor offered by the School of Business Administration should consult with an academic advisor in the school or college of their major to determine if a minor in business is acceptable. The student must consult with an academic advisor in the Office of Undergraduate Business Programs for assistance in planning the minor. All courses within the minor must be taken for a grade and completed with a grade of “C-” or higher and with an overall grade point average of at least 2.0 in all minor courses unless a higher grade or grade point average is prescribed by the minor department. All courses in the minor department in which the student enrolls will count toward the minor grade point average.
The Business Administration Minor (BUA) consists of four courses (12 semester hours). The required courses are:
ACC211 Principles of Financial Accounting
MGT304 Organizational Behavior
FIN300 Finance for Non-Business Majors
MKT301 Marketing Foundations
Note: A student must have 30 earned semester hours before enrolling in ACC211. Additionally, a student must have 60 earned semester hours before enrolling in the respective FIN, MGT, or MKT courses. ACC211 should be the first course taken for the BUA minor.
For a listing of the course requirements for other minors, consult the Bulletin section for the department that offers the minor.
HONORS
GENERAL HONORS PROGRAM IN THE SCHOOL OF BUSINESS
Students who have demonstrated superior performance may receive academic advantages, certain privileges, and recognition by participation and successful completion of the General Honors Program in the School of Business Administration.
The core requirements for the School of Business Administration General Honors are 15 semester hours taken in course sections as designated “Honors”:
In addition, nine semester hours of coursework outside the School of Business Administration designated “Honors” must also be taken for a total of 24 semester hours. A 3.5 cumulative grade point average must also be maintained in all honors courses to receive the notation, “Honors School of Business Administration” on their diploma and transcript.
Note: Exceptions to the core requirements may be made at the discretion of the Vice Dean, Undergraduate Business Programs.
GRADUATION HONORS
•Students who qualify based on their cumulative grade point average and who desire to graduate with graduation honors, magna cum laude or summa cum laude honors must complete six semester hours of approved independent study, senior thesis, or other designated coursework to include the successful completion of an approved thesis or project.
•Students planning to accomplish these requirements must consult with the department chairperson for their major during their junior year of study.
•For details consult an academic advisor in the Office of Undergraduate Business Programs and the University Honors Program Office.
BUSINESS HONORS SOCIETIES
Students may be nominated for or elected into an honors society based on specific departmental criteria. Contact the department for additional information.
Beta Gamma Sigma (Highest Honors in Business) (Undergraduate Business Programs)
Beta Alpha Psi (Department of Accounting)
OTHER HONORS
Omicron Delta Epsilon (Department of Economics)
Hyperion Council (Undergraduate Business Programs)
