University of Miami Patti and Allan Herbert Business School

The University of Miami Patti and Allan Herbert Business School, also simply known as the Herbert Business School, is an academic unit of the University of Miami, located in Coral Gables, Florida. It was founded in 1929. Miami Herbert Business School offers undergraduate business, full-time MBA, Executive MBA, MS, Ph.D. and non-degree executive education programs.[6] It is a fully accredited member of the Association to Advance Collegiate Schools of Business,[7] and is a member of the Graduate Management Admission Council.[8]

University of Miami Patti and Allan Herbert Business School[1]
Former name
University of Miami School of Business Administration, Miami Business School[2]
TypePrivate Business School
Established1929[3]
DeanJohn Quelch
Academic staff
153 (Fall 2020)[4]: 148 
Students3,567 (Fall 2020)[4]: 1 
Undergraduates2,621 (Fall 2020)[4]: 1 
Postgraduates946 (Fall 2020)[4]: 1 
Location
Coral Gables
,
Florida
,
United States
CampusSuburban[5]
Websitewww.herbert.miami.edu

History

The University of Miami Patti and Allan Herbert Business School was founded in 1929. Classes were initially held in the unfinished Anastasia Hotel, near the 160 acres (0.65 km2) that would later become the University of Miami campus.[9]

In the 1940s, the school expanded its undergraduate offerings to include majors in accounting, commerce, finance, and political science. The school grew to almost 2,000 students. In 1948, its full-time MBA program began, and in 1957, it was accredited by the Association to Advance Collegiate Schools of Business (AACSB).

In 1973, the school established an executive MBA program. In 1979, the school added a health care specialization to its Executive MBA offerings with what is now the Executive MBA in Health Management and Policy program.

From 1992-2007, Paul K. Sugrue served as Dean.[10]

In August 2007, Barbara E. Kahn became dean after serving as a professor and administrator at the Wharton School.[11]

From 2011 to 2016, Eugene Anderson served as dean, following service in upper administration at the University of Michigan's Ross School of Business.

In 2017, University of Miami President Julio Frenk appointed John Quelch, formerly of Harvard Business School, as Dean of the Business School and University Vice Provost of Executive Education. Before joining Miami Herbert Business School, Dean Quelch—a marketing and health management expert—served as dean of the London Business School and of the China Europe International Business School.[12]

On October 15, 2019 the University of Miami Patti and Allan Herbert Business School was named in honor of alumni Patti and Allan Herbert for $100 million in lifetime giving to the university, including an $89 million gift to the business school.[13][14]

Academics

Undergraduate

Miami’s undergraduate business education program offers a Bachelor of Business Administration and a Bachelor of Science in Business Administration.[15] Within those degrees, the school offers majors in specific business sectors such as real estate, finance, and health management.[15][16]

Graduate

The school's Master of Business Administration can be earned through several different paths, including: a full-time program, two accelerated options (an MBA and an MBA in Real Estate), an online Professional MBA, and an Executive MBA (EMBA) for working professionals.[17][18][19][20] Students may also pursue an interdisciplinary degree such as a JD-MBA, PhD-MBA, and a Master of Science in Sustainable Business. Miami Herbert also operates a program in collaboration with the university’s School of Architecture for a Bachelor of Architecture/MBA.[17][20][16] All of the graduate programs place an emphasis on experiential learning, with students being graded on portfolios they develop in their coursework as opposed to exams.[21]

Miami Herbert has three EMBA programs: an EMBA for Health Management and Policy, the Miami Global MBA, and the Global OneMBA.[17][22] The Miami Global MBA is a 17-month program for business professionals with at least 10 years of experience.[23] Classes in this program are team-taught.[23] Students attend lectures, question and answer sessions, and complete collaborative work to further develop skills acquired in their fields while also learning new ideas in business leadership.[23] The Global OneMBA program is run by Miami Herbert in association with a multinational consortium of universities.[24] It provides students with international business experience.[25]

Rankings and statistics
Business school rankings
Worldwide MBA
Financial Times[26]83
U.S. MBA
Bloomberg Businessweek[27]58
U.S. News & World Report[28]57

BusinessWeek ranks Miami Herbert Business School at 31st on its list of "Best U.S. Undergraduate Business Programs" in 2016 and at 58th in the list of "Best Graduate Business Schools" in 2017.[29][30] The Economist ranks Miami Herbert Business School’s MBA program at 52nd in the world.[31]

Notable alumni

See also

References
  1. https://www.miamiherald.com/news/business/article236214613.html
  2. Bandell, Brian (March 29, 2018). "New University of Miami dean seeks to elevate business school to Top 25". South Florida Business Journal. Retrieved October 19, 2021.
  3. http://www.bus.miami.edu/our-perspective/school-history-timeline.html "Miami Herbert Business School History"
  4. "University of Miami Factbook 2020-2021" (PDF). Miami.edu. 2020. Retrieved October 6, 2021.
  5. "University of Miami Patti and Allan Herbert Business School". Petersons. October 19, 2021. Retrieved October 19, 2021.
  6. "Welcome". Retrieved February 1, 2010.
  7. https://datadirect.aacsb.edu/public/profiles/profile.cfm?interstitialComplete=1&runReport=1&unitid=54725&userType=All "AACSB Miami Herbert Business School Membership"
  8. "Member Schools". Graduate Management Admission Council. Archived from the original on May 2, 2010. Retrieved February 4, 2010.
  9. "History". University of Miami. Archived from the original on February 18, 2010. Retrieved November 13, 2009.
  10. "University of Miami Business School Dean Paul K. Sugrue to Step Down". University of Miami. September 18, 2006. Archived from the original on September 20, 2006. Retrieved April 3, 2018.
  11. "UM Appoints Barbara E. Kahn Dean of School of Business Administration". April 27, 2007. Archived from the original on July 8, 2008. Retrieved April 3, 2018.
  12. "Quelch Appointed Dean of UM's School of Business Administration". University of Miami News and Events. June 2, 2017. Retrieved April 3, 2018.
  13. https://news.miami.edu/stories/2019/10/miami-business-school-receives-a-new-name-to-honor-philanthropists.html
  14. Bandell, Brian. "University of Miami reports income dip, revenue growth". Retrieved November 4, 2019.
  15. "Explore the Undergraduate Program". Miami Herbert Business School. October 13, 2021. Retrieved October 13, 2021.
  16. Gale, Kevin (March 12, 2009). "UM business school looks to boost stature". South Florida Business Journal. Retrieved October 13, 2021.
  17. "MBA Programs". Miami Herbert Business School. October 13, 2021. Retrieved October 13, 2021.
  18. Burt, Chris (December 10, 2020). "Miami business school giving $1M in COVID relief scholarships". University Business. Retrieved October 13, 2021.
  19. Madell, Robin (September 3, 2020). "MBA students immersed in virtual learning offer their best advice for making the most of your remote or hybrid business school experience this year". Business Insider. Retrieved October 13, 2021.
  20. Mann, Joseph (October 4, 2019). "5 South Florida business schools aim to broaden their appeal with innovative, flexible programs". Miami Herald. Retrieved October 13, 2021.
  21. Moules, Jonathan (January 20, 2020). "Business schools revamp traditional MBA". Financial Times. Retrieved October 13, 2021.
  22. Munshi, Neil (October 20, 2012). "How Miami became a business education hub". Financial Times. Retrieved October 13, 2021.
  23. "Shareef Malnik On His Return To The University Of Miami's Herbert School Of Business To Reimagine His Life And Business Moving Forward". Haute Living. February 20, 2020. Retrieved October 13, 2021.
  24. "Partner Schools". OneMBA. October 13, 2021. Retrieved October 13, 2021.
  25. "The new faces of Florida's MBA professors bring eclectic mix of talent and knowledge". Florida Trend. March 1, 2021. Retrieved October 13, 2021.
  26. "Global MBA Ranking 2020". Financial Times. Retrieved January 27, 2020.
  27. "Best B-Schools". Bloomberg Businessweek. November 8, 2018. Retrieved September 25, 2019.
  28. "2019 Best Business Schools Rankings". U.S. News & World Report. Retrieved September 25, 2019.
  29. Levy, Francesca; from, Jonathan Rodkin. "These Are the Best Undergraduate Business Schools of 2016" – via www.bloomberg.com.
  30. "Best Graduate Business Schools 2017", Bloomberg, 2017
  31. "Executive MBA Ranking 2020". The Economist. Retrieved August 15, 2020.
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  39. "Bernie Kosar", University of Miami Sports Hall of Fame, retrieved April 11, 2018
  40. "Nations divided on recognizing Honduran president-elect", CNN, November 30, 2009, retrieved April 11, 2018
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