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Miami Herbert Business School is the graduate and undergraduate business school of the University of Miami, based in Coral Gables, Florida. Its Full-Time MBA jumped to #39 in the US News Best Business Schools 2026, the highest rank in the school’s history.
Miami Herbert offers a Full-Time MBA, an Accelerated MBA, a Global Executive MBA and specialised STEM master’s in Business Analytics, Finance, Accounting, Taxation, Leadership and Sustainable Business. All programmes are English-medium, and the school hosts three intakes across Fall, Spring and Summer, giving Indian applicants multiple entry windows each year.
- US News Best Business Schools 2026 (Full-Time MBA): #39 in the United States
- Acceptance rate: 36% (estimated) across MBA and specialised master’s
- Intakes: Fall, Spring and Summer, with rolling rounds for graduate programmes
- Full-Time MBA total cost 2026-2027: USD 136,730 (INR 130.9 lakh)
- Median MBA starting salary: USD 88,568 (INR 84.8 lakh)
Also Check: MS Universities in USA for Indian Students
Merit-based scholarships covered 74% of the Fall 2025 graduate cohort, and STEM-designated master’s such as MS Business Analytics let Indian graduates use the 36-month OPT extension after graduation. Applicants should budget for the study in USA guide pathway including F-1 visa and around USD 34,662 in annual living costs.
Exchange rate used: 1 USD = INR 95.74 as of September 2026
Admission Status: Open (Fall 2027 intake). Round 1 closes 1 October 2026 and is the priority scholarship deadline. Round 2 closes 1 December 2026 and is the final deadline for Spring 2027 entry to selected master’s programmes. The international applicant deadline is Round 4, 2 April 2027, and the final round closes 1 June 2027.
Table of Contents
- Popular Courses and Fees at Miami Herbert Business School 2027
- Miami Herbert Business School Admission 2027
- Miami Herbert Business School Admission Requirements for Indian Applicants 2027
- Miami Herbert Business School Acceptance Rate 2027
- Miami Herbert Business School Fees and Cost of Living for Indian Students 2027
- Miami Herbert Business School Campus, Facilities and Student Life
- Miami Herbert Business School Scholarships 2027
- Miami Herbert Business School Rankings 2026
- Miami Herbert Business School Placements and Career Outcomes 2027
- Miami Herbert Business School vs Peer Universities
- Miami Herbert Business School FAQs
Popular Miami Herbert Business School Fees and Courses 2027
Miami Herbert fees are charged per credit hour, and total programme cost depends on the credits required. Master’s programmes range from 10 to 21 months, with per-credit tuition set at USD 2,337 for the Full-Time MBA and USD 2,561 for MS Business Analytics.
Top Postgraduate Programmes at Miami Herbert
| Programme | Total Fee (USD) | Total Fee (INR lakh) | Entry Requirement |
|---|---|---|---|
| Master of Business Administration (Full-Time) | 136,730 | 130.9 lakh | Bachelor’s with 55% or CGPA 5.5 out of 10 (recommended); TOEFL 94, IELTS 7.0 |
| MS Business Analytics (STEM) | 85,961 | 82.3 lakh | Bachelor’s with 60% or CGPA 6.0 out of 10 (recommended); TOEFL 94, IELTS 7.0 |
| MS Finance | 84,735 | 81.1 lakh | Bachelor’s with 55% or CGPA 5.5 out of 10 (recommended); TOEFL 80, IELTS 6.5 |
| Accelerated MBA | 91,998 | 88.1 lakh | Bachelor’s in business with 60% (recommended); TOEFL 80, IELTS 6.5 |
| Master of Accounting (STEM) | 72,630 | 69.5 lakh | Bachelor’s with 55% or CGPA 5.5 out of 10 (recommended); TOEFL 80, IELTS 6.5 |
| MS Taxation | 72,630 | 69.5 lakh | Bachelor’s with 55% or CGPA 5.5 out of 10 (recommended); TOEFL 80, IELTS 6.5 |
| MS Sustainable Business | 77,472 | 74.2 lakh | Bachelor’s with 55% or CGPA 5.5 out of 10 (recommended); TOEFL 80, IELTS 6.5 |
| MS Leadership | 72,630 | 69.5 lakh | Bachelor’s with 55% or CGPA 5.5 out of 10 (recommended); TOEFL 80, IELTS 6.5 |
| Global Executive MBA | 110,180 | 105.5 lakh | Working professionals with 8+ years’ experience; TOEFL 80, IELTS 6.5 |
| PhD Business | 69,300 | 66.3 lakh | Master’s with strong quantitative background (recommended) |
[Source: Miami Herbert Business School official cost of attendance pages]
Top Undergraduate Programmes at Miami Herbert
Undergraduate business degrees run four years, and per-year tuition sits at USD 63,456 for the flagship BBA and BS Accountancy tracks. Indian applicants need Class 12 completion with strong academic performance.
| Programme | Annual Fee (USD) | Annual Fee (INR lakh) | Entry Requirement |
|---|---|---|---|
| Bachelor of Business Administration (BBA) | 63,456 | 60.8 lakh | Class 12 with 80% (recommended); TOEFL 80, IELTS 6.5 |
| BS Accountancy and Finance | 63,456 | 60.8 lakh | Class 12 with 80% (recommended); TOEFL 80, IELTS 6.5 |
| BS Business Administration | 52,060 | 49.8 lakh | Class 12 with 75% to 85% (recommended) |
Insider note: Indian graduate applicants concentrate in MS Business Analytics, MS Finance and the Full-Time MBA. All three carry STEM designation, so admits qualify for the 36-month OPT extension after graduation.
Miami Herbert Business School Admission 2027
Miami Herbert runs a rolling four-round graduate cycle for the 2027 intake, with an additional final round. The primary window for Indian applicants is Fall 2027, and Round 1 doubles as the priority scholarship deadline.
| Milestone | Date | Notes for Indian Applicants |
|---|---|---|
| Round 1 deadline | 1 October 2026 | Priority scholarship consideration; strongest chance for merit funding |
| Round 2 deadline | 1 December 2026 | Final deadline for Spring 2027 entry to selected master’s |
| Round 3 deadline | 1 February 2027 | Standard round for Fall 2027 intake |
| Round 4 (International) deadline | 2 April 2027 | Recommended latest round for Indian applicants needing F-1 visa |
| Final round deadline | 1 June 2027 | Space-available basis; scholarships limited |
[Source: Miami Herbert Business School official graduate admissions page]
Planning note: Indian applicants should target Round 1 or Round 2 for two reasons. Merit scholarship funding is heaviest in the earliest rounds. Both leave enough runway for I-20 issuance and F-1 visa interview slots at US consulates.
Read More: Miami Herbert Business School Admissions Guide for Indian Students
Miami Herbert Business School Admission Requirements for Indian Applicants 2027
Indian graduate applicants need a four-year bachelor’s degree, English proficiency and one letter of recommendation, with GMAT or GRE optional at Miami Herbert.
- Academic: Four-year bachelor’s from an accredited institution; Miami Herbert accepts three-year Indian bachelor’s with a WES course-by-course evaluation. Bachelor’s with 55% or CGPA 5.5 out of 10 (recommended).
- English proficiency: TOEFL iBT 94, IELTS 7.0 or Duolingo English Test 125 for the Full-Time MBA; TOEFL 80 or IELTS 6.5 accepted for other master’s programmes.
- Test scores: GMAT and GRE are optional, but unofficial scores strengthen scholarship consideration. GMAT code 7NV-S1-96, GRE code 5815.
- Documents: Official transcripts, résumé, essays, one letter of recommendation and USD 100 (INR 9,574) application fee.
Key insight: Miami Herbert waives the English test if you earned your bachelor’s in English-medium instruction at a recognised Indian institution. Attach a written medium-of-instruction letter from your college registrar to your application.
Miami Herbert Business School Acceptance Rate 2027
The reported Miami Herbert graduate acceptance rate sits at 36% (estimated) across MBA and specialised master’s, based on aggregated third-party admissions data. Miami Herbert does not publish a single official acceptance rate for international applicants.
Indian applicants with strong academic records and clear career goals fall well within the admitted profile. Rolling rounds mean earlier applications typically see higher accept rates than the final space-available round.
Reality check: The 36% headline covers the whole graduate class. Actual admit rates for STEM master’s like MS Business Analytics are lower because Indian applicant volume is heaviest there. Strong quantitative undergraduate marks matter more than any single test score.
Miami Herbert Business School Fees and Cost of Living for Indian Students 2027
Total annual cost for an Indian graduate student at Miami Herbert ranges from USD 105,000 to USD 175,000 (INR 100.5 lakh to INR 167.5 lakh), covering tuition plus Coral Gables living expenses.
Miami Herbert Business School Tuition Fees for Indian Students 2027
Tuition is billed per credit hour, and totals depend on programme length. STEM master’s are shorter and cost less than the Full-Time MBA.
| Programme Level | Total Programme Fee (USD) | Total Programme Fee (INR lakh) |
|---|---|---|
| Undergraduate (per year) | 52,060 to 63,456 | 49.8 to 60.8 lakh |
| MS specialised master’s | 72,630 to 85,961 | 69.5 to 82.3 lakh |
| Accelerated MBA (7 months) | 91,998 | 88.1 lakh |
| Full-Time MBA (21 months) | 136,730 | 130.9 lakh |
Monthly Cost of Living in Coral Gables for Indian Students
Coral Gables sits inside Miami-Dade County, and living costs run above the US national average. Miami Herbert publishes an annual student cost estimate that captures typical spend.
| Expense | Monthly (USD) | Monthly (INR) |
|---|---|---|
| Accommodation | 1,600 | INR 1,53,184 |
| Food and groceries | 500 | INR 47,870 |
| Transportation | 150 | INR 14,361 |
| Books and supplies | 110 | INR 10,531 |
| Personal and utilities | 530 | INR 50,742 |
| Total (monthly) | 2,890 | INR 2,76,688 |
| Total (annual) | 34,662 | 33.2 lakh |
[Source: Miami Herbert Business School official cost estimate]
Insider note: On-campus and near-campus apartments in Coral Gables typically ask USD 1,500 to USD 2,200 per month for a shared 2BHK. Sharing with two other students brings monthly rent close to USD 900 and cuts total living costs by 20% to 25%.
Read More: Universities in USA for Indian Students
Miami Herbert Business School Campus, Facilities and Student Life
Miami Herbert occupies a set of interconnected buildings on the University of Miami’s 239-acre Coral Gables campus, a suburb about 11 km south of downtown Miami.
- Location and transport: The Coral Gables campus is on the University Metrorail station, giving a direct one-seat ride to downtown Miami in around 20 minutes.
- Housing: On-campus graduate housing is limited, and most Miami Herbert master’s students rent nearby apartments in Coral Gables or South Miami.
- Facilities: The Ziff Graduate Career Services Center delivers one-on-one coaching, and the Behavioral Business Research Lab runs experimental research alongside faculty.
- Indian student community: The University of Miami runs an active Indian Students Association that hosts Diwali, Holi and Republic Day events every year.
What Indian students say: Career services engagement is the differentiator. Miami’s Latin American finance corridor offers unusual internship access in wealth management and international banking that few peer US business schools can match.
Miami Herbert Business School Scholarships 2027
Miami Herbert awarded over USD 10 million in merit scholarships to Fall 2025 master’s and doctoral entrants, and 74% of that cohort received an award.
| Scholarship | Type | Award Value | Eligibility | Deadline |
|---|---|---|---|---|
| Business School Scholars | Merit | Partial to full-tuition | Strong academics, GMAT/GRE and work experience | Round 1: 1 October 2026 (priority) |
| Access Fellows | Affinity | Verify at official portal | Underrepresented backgrounds in business | Aligned with admission round |
| Asia Venture Fellowship | Regional affinity | Verify at official portal | Applicants from Asia including India | Aligned with admission round |
| Reaching Out MBA (ROMBA) | External + Miami top-up | Verify at official portal | LGBTQ+ MBA applicants | Aligned with admission round |
| First Generation Fellowship | Affinity | Verify at official portal | First-generation university graduates | Aligned with admission round |
[Source: Miami Herbert Business School official scholarships and fellowships page]
Planning note: Merit funding is decided at admission with no separate application. Applying in Round 1 or Round 2 raises your effective scholarship probability materially over Round 4 or the final round.
Read More: Miami Herbert Business School Scholarships Guide
Miami Herbert Business School Rankings 2026
Miami Herbert is ranked as a business school by the major MBA ranking bodies rather than by the QS or THE World University Rankings. Its strongest current placement is #39 in the US News Best Business Schools 2026, an 11-place jump from the prior edition.
| Ranking Body | Latest Edition | Previous Edition |
|---|---|---|
| US News Best Business Schools (Full-Time MBA) | 2026: #39 | 2025: #50 |
| Bloomberg Businessweek Best B-Schools | 2025-2026: #49 | NA |
| Financial Times Global MBA | 2025: #99 | NA |
| QS Global MBA and Business Masters | 2026: #131 | NA |
| US News Online MBA | 2026: #29 | NA |
[Source: US News, Bloomberg Businessweek, Financial Times, QS]
Subject-level results are stronger than the aggregate MBA rank. Real Estate placed #11, International Business #27 and Economics #78 in the US News 2026 speciality tables, all school-record highs.
Key insight: For Indian applicants, the US News MBA jump matters. Banks assessing US education loans and Indian employers hiring MBA returnees both anchor to the top-40 US News ranking as a quality proxy.
Miami Herbert Business School Placements and Career Outcomes 2027
Employment outcomes for the Miami Herbert Full-Time MBA class are led by Financial Services, followed by Consulting and Manufacturing.
- Employment within three months of graduation: 85% of MBA graduates seeking work (2025 report)
- Median MBA starting salary: USD 88,568 (INR 84.8 lakh); market median across industries reported at USD 96,274 (INR 92.2 lakh)
- Top hiring sectors: Financial services (private banking, wealth management), management consulting and manufacturing operations
- Career support: Ziff Graduate Career Services Center runs one-to-one coaching, mock interviews and Latin American recruiting treks
- Post-study work in USA: F-1 graduates get 12 months of OPT; STEM-designated MS Business Analytics and Master of Accounting add a 24-month STEM OPT extension for a 36-month total
Insider note: Indian MBA graduates who convert to H-1B typically move via financial services and consulting sponsors. Miami’s proximity to Latin American headquarters creates a distinctive niche in cross-border finance not widely available at inland US peers.
Miami Herbert Business School vs Peer Universities
Miami Herbert competes with mid-tier private US MBAs on rank, and with regional peers on placement volume and cost.
| University | US News Best B-Schools 2026 | Full-Time MBA Total Fee (USD) | Full-Time MBA Total Fee (INR lakh) | Differentiator |
|---|---|---|---|---|
| Miami Herbert Business School | #39 | 136,730 | 130.9 lakh | Latin American finance corridor and STEM-designated master’s |
| Emory Goizueta Business School | #19 (estimated) | 145,000 (estimated) | 138.8 lakh (estimated) | Southeast US consulting placement pipeline |
| Georgetown McDonough | #25 (estimated) | 153,000 (estimated) | 146.5 lakh (estimated) | DC policy and international business network |
| Rochester Simon | #48 (estimated) | 124,000 (estimated) | 118.7 lakh (estimated) | Analytical and quantitative curriculum |
| Boston College Carroll | #42 (estimated) | 128,000 (estimated) | 122.6 lakh (estimated) | Northeast financial services access |
[Source: US News Best Business Schools 2026 for Miami rank; peer fee ranges are market-median estimates]
Miami Herbert stands out on two data-backed dimensions. It is one of the few top-40 US MBAs offering a 10-month STEM MS Business Analytics as an alternative entry route, and its Real Estate speciality sits at #11 nationally.
Miami Herbert Business School: Is It the Right Fit?
Miami Herbert works for Indian applicants targeting mid-career pivots into finance, consulting or real estate with a US F-1 visa and OPT pathway. A total investment of INR 130.9 lakh against an INR 84.8 lakh median starting salary means most graduates recover fees inside four to five working years, aided by generous merit funding.
The school is a weaker fit for applicants chasing a top-15 US MBA brand for consulting at MBB firms, or for cost-sensitive candidates who cannot secure meaningful scholarship. Realistic alternatives include Rochester Simon for a quantitative MBA at a lower sticker price, or a European one-year MBA if faster payback matters.
Miami Herbert Business School FAQs
Ques. Is GMAT mandatory for Miami Herbert MBA applications?
Ans. No, GMAT and GRE are optional for the Miami Herbert Full-Time MBA and specialised master’s programmes. However, submitting an unofficial score improves the odds of securing meaningful merit-based scholarship funding. The school lists GMAT code 7NV-S1-96 and GRE code 5815 for candidates who want to send scores. Indian applicants with quantitative undergraduate backgrounds often submit a GMAT for admission signalling.
Ques. Which Miami Herbert master’s programmes are STEM-designated?
Ans. MS Business Analytics, Master of Accounting, MS Finance and the Full-Time MBA specialisations in analytics carry STEM designation at Miami Herbert. STEM designation lets Indian graduates apply for a 24-month OPT STEM extension on top of the standard 12-month OPT, for a total of 36 months of post-study work authorisation in the United States before H-1B sponsorship becomes necessary.
Ques. Can Indian applicants apply with a three-year bachelor’s degree?
Ans. Yes, Miami Herbert accepts three-year Indian bachelor’s degrees for master’s admission. Applicants must submit a WES course-by-course credential evaluation, which converts Indian marks to a US GPA equivalent. Some quantitative programmes may recommend additional coursework, and MS Business Analytics applicants typically need prior calculus or statistics on their transcript for full consideration.
Ques. How much does the Miami Herbert application fee cost?
Ans. The graduate application fee is USD 100, roughly INR 9,574 at current exchange rates. Applications are submitted through BusinessCAS, the centralised business school application service. Miami Herbert occasionally waives the fee for candidates who attend official information sessions, complete a campus visit or apply through partner MBA fair events during recruitment season.
Ques. Are on-campus jobs available for international students at Miami Herbert?
Ans. Yes, F-1 students can work up to 20 hours per week on campus during the academic term at Miami Herbert. Typical roles include graduate assistantships, teaching assistantships, research assistantships and library or student services positions. Off-campus work needs Curricular Practical Training authorisation, which is generally reserved for programme-linked internships after the first academic year.
Ques. Which Indian banks offer education loans for Miami Herbert admits?
Ans. Miami Herbert is on the approved lender lists of HDFC Credila, Avanse, Auxilo, Prodigy Finance and MPOWER Financing. Public sector banks including SBI and Bank of Baroda also fund admits under their standard overseas education loan schemes. Loan amounts up to INR 1.5 crore are common for MBA candidates with strong collateral or a co-signer in India.
Ques. Does Miami Herbert waive the English test for Indian applicants?
Ans. Miami Herbert may waive TOEFL, IELTS or Duolingo requirements if the applicant completed a bachelor’s degree in English at a recognised Indian institution. A signed medium-of-instruction letter from the college registrar is required for consideration. The school reviews waiver requests case by case, and applicants from top Indian universities generally receive waivers without difficulty.
Ques. How does the Miami Herbert Accelerated MBA differ from the Full-Time MBA?
Ans. The Accelerated MBA at Miami Herbert runs seven months and is designed for candidates who already hold a business undergraduate degree, letting them skip foundational courses. The Full-Time MBA runs 21 months and suits career switchers moving from engineering, science or the arts into business roles. Total tuition is USD 91,998 for the Accelerated route against USD 136,730 for the two-year Full-Time MBA.
Miami Business School Program Fees & Deadlines
| Program | Important Dates | Fees | Application Fees | Eligibility |
|---|---|---|---|---|
M.S Business Analytics 10 months | INR 73.1 L/Yr USD 76,471 /Yr | 100 | TOEFL iBT: 94 | IELTS: 7.0 | Duolingo: 125 | |
B.S Accountancy And Finance 4 years | INR 60.7 L/Yr USD 63,456 /Yr | 75 | TOEFL iBT: 80 | IELTS: 6.5 | Duolingo: 125 |
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Miami Business School Reviews
1 Reviews Found
Overview
The Miami Herbert Business School is distinguished by a select group of Areas of Excellence areas in which we draw on unique local assets to develop outstanding programs of research and teaching. My GPA was around 8.5, and I was required to submit an online application form, which was worth $70.
Fees
My tuition and fees expenses were around $50,000. The Miami Herbert Business School awards Graduate Business Fellowships to high achieving students who have displayed excellence in areas of academic and test performance in addition to their professional achievements.
Miami Business School Scholarships
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student₹ 9.6 L/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student₹ 1.9 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| VueVille Future Technology Scholarship | Scholarship per student₹ 95,580/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| R&D Systems Scholarship | Scholarship per student₹ 1.4 L/Yr$1,500 | Level Of StudyBachelor | TypeMerit-Based | |
| QS Connect Master’s Scholarship | Scholarship per student₹ 4.8 L/Yr$5,000 | Level Of StudyMaster | TypeMerit-Based | |
| BL Mandhana Scholarships | Scholarship per student₹ 9.6 L/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based |
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Attendance Cost
The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees
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