The University of Miami Patti and Allan Herbert Business School’s rose one spot to No. 21 in P&Q’s 2025 ranking of the Best Undergraduate Business Programs in the U.S.
In our three methodological categories, the B-school scored highest in Admission Standards, placing 19th out 104 ranked programs. It also finished 23rd in Career Outcomes and 47th in Academic Experience which is based solely on our alumni survey.
The acceptance rate for fall 2024 was 17.5% while its average SAT score as 1406. Its 6-year graduation rate is 84.4%.
The school continues to be very successful in placing graduates in full-time positions, a key indicator of a quality business degree. That starts with internships, and 86.6% of the last two graduating classes have completed at least business-focused internships during the course of the program.
For full-time employment, 99.7% of job-seeking candidates from the Class of 2023 and 99.1% of the Class of 2024 found jobs within three months of graduation. That is the third-highest average employment rate on our ranking.
Class of 2024 grads earned an average $74,484 while 47.4% reported receiving a signing bonus of an average $7,043. Top employers of the class include Citi, Wells Fargo, EY, Royal Caribbean Group, Blackrock, Bloomberg, J.P. Morgan, PWC, 3650 Reit, and Amazon.
‘FRONT-LOADED’ CURRICULUM
Miami Herbert provides an immersive and flexible business education designed to prepare students for the evolving demands of the global marketplace. Freshmen are directly admitted to the business school, giving them immediate access to foundational business coursework, professional development, and career resources from their first semester.
Students can tailor their studies by choosing from three degree programs, 16 majors, and two co-majors, with interdisciplinary opportunities available both within and beyond business disciplines. Miami also boasts 15 specialization areas and 16 minors for business students along with 10 minors for non-business students.
The school calls its curriculum “front-loaded” and features a case-study heavy new course called FIRST Step. Students are put into teams and paired with an experienced student mentor. Additionally, a career course has been added to the second year of the curriculum to provide additional preparation for internship and employment.
The Global Co-Major offers an immersive international experience, complete with a regional focus and an internship abroad. Additionally, the school places a strong emphasis on sustainable business practices, integrating professional mentorship, student organizations, and dedicated career coaching into the curriculum.
From the start, students engage with essential business skills. MGT 100 introduces cultural competence, teamwork, and core business values, while early coursework emphasizes the use of industry tools like Python, Tableau, and SQL to solve real-world business problems. A required oral and written presentation/persuasion course ensures students develop strong communication skills, while the innovative Sophomore Career Class and strategic professional development activities help transform undergraduates into business professionals.
Keeping pace with technological advancements, the business school has launched an AI Minor within its Business Technology Department, alongside specialized electives in AI and machine learning. New courses such as Practical AI for Business, AI Programming for Business Management, Generative AI, and Financial Decisions Using AI ensure students graduate with cutting-edge knowledge. The school’s commitment to problem-based learning and innovative teaching methods further enhances the student experience, equipping graduates with the skills to lead in an increasingly digital business environment.
Other recent innovations include a new Sustainable Business co-major, The Latina Project, and the integration of two tracks available to students specializing in Economics: Quantitative Economics and Political Economy.
ALUMNI SAY
“Every first-year student at the University of Miami Herbert Business School completes a semester long project in the MGT 100 course where students play the role of a consulting firm and help a real-world business move a new product or service into a new market. Upperclassmen play the role of mentors in these projects, and having had the chance to play both the role of the student and the mentor, I can confidently say it is one of the most valuable experiences students have at MHBS.”
“I was a sector head in the Student Managed Investment Fund where I pitched equity investment opportunities and we entered into positions based on my teams recommendations. It gave me experience leading a team, analysis investment decisions and frequent opportunities to speak in front of a large group where we would present our findings/recommendations.”
“Phenomenal school, great professors, brilliant classmates. Catalyst environment for the spearheaded growth and development of young business students. The level of ambition evident in the students is motivating, and pushes you to achieve more academically/professionally.”
“The University of Miami played a crucial role in my personal development. The faculty, staff and curriculum taught me not only tactical skills, but equipped me with soft skills and business acumen that has been key in allowing me to thrive in my professional career.”
“The University of Miami Herbert Business School provided me with the tools I needed to succeed post-graduation. The faculty are exceptional, particular Mark Shapiro, who does a tremendous job running the school’s career development department. I could not have gotten to where I am today without Professor Shapiro, the rest of the MHBS faculty, and the incredible student body I had the chance to engage with.”
