Master in International Business

The Master in International Business (MIB) program seeks to develop global leaders. To this end, it offers to a select group of globally-minded students from throughout the world with rich experiential learning opportunities in Miami and other locations worldwide. The program incorporates a rigorous academic curriculum focusing on best practices by both global startups and leading multinationals in addressing their emerging opportunities and challenges. Students are exposed to South Florida’s rich multicultural business community and the hundreds of international conferences that it hosts every year.  Students may focus their professional development efforts on developing both regional competencies and functional expertise of their choice.  MIB program activities in and out of classrooms are designed to help its students bond, as well as expand their professional network with participants of other graduate business programs.

To obtain detailed program admission information, please reference the program brochure which can be requested by contacting the Office of Recruiting and Admissions at 305-284-2510 or visit our website.

Admission Requirements

  • Completed application for admission submitted through BusinessCAS
  • A $48 non-refundable application fee
  • A baccalaureate degree from an accredited institution
    • Official academic transcripts from all previously attended post-secondary institutions must be submitted directly to BusinessCAS.
    • International applicants must have their educational credentials from institutions outside of the United States verified by an approved international credentialing evaluation service such as World Education Services to confirm degree equivalency and GPA calculation.
  • Statement of purpose and short-essay responses to the career goal and program-related questions in BusinessCAS
  • A current resume
  • At least one letter of recommendation (up to three allowed) may be submitted through the BusinessCAS portal by including recommender contacts within the Program Materials section of the application.
  • Official GMAT (or GRE) score to be sent directly to the University of Miami Herbert Business School by using the relevant code below.
    • GMAT Institution Code is 7NV-S1-79
    • GRE institution Code is 5815
  • An official TOEFL or IELTS score is required as proof of English proficiency for international  applicants who did not receive a degree in the United States or a foreign country where English is the primary language. The following minimum score is required for admission to a graduate business degree program.
    • TOEFL - 94 or above (iBT only)
    • IELTS - 7.0 or above

If you do not yet have a GMAT or GRE score or TOEFL or IELTS score (international candidates only), you may complete and submit your application prior to taking the exam by indicating your approximate date within the Standardized Tests tab in the Academic History section. Select “Add Test Score” by the relevant test, then indicate that you have not yet taken the exam and add your estimated test date in the section provided.

We encourage candidates to upload unofficial transcripts and test scores (if required) with their BusinessCAS application in order to expedite the review of their file while official documents are processed.

QUESTIONS?

Connect with Miami Herbert Business School’s graduate enrollment advisors at (305) 284-2510 or by email at mba@miami.edu.

Curriculum Requirements

Required Courses
Intensive English Program - Mandatory for non-native English speakers in need of enhancing English language skills
ACC 670Financial Reporting and Analysis2
BSL 692Legal Implications of International Business Transactions2
BUS 610Communicating for Career Success2
BUS 622Global Business Consulting (Optional - Student must apply)3
ECO 695Global Economics2
FIN 641Valuation and Financial Decision Making2
FIN 660International Finance2
MAS 631Statistics for Managerial Decision Making2
MGT 617Leading Across Cultures2
MGT 620Managing Through People2
MGT 625Entrepreneurship: Creating New Ventures (Can be waived if participating in BUS 622)2
MGT 643Principles of Operations Management2
MGT 645Principles of Supply Chain Management2
MGT 677Corporate Strategy and Organization2
MGT 691International Management2
MKT 640Foundations of Marketing Management2
MKT 641Marketing Research and Decision Making (Can be waived if participating in BUS 622)2
Additional Required Courses
Students must participate in one of the following short-immersion trips:2
Asian/Pacific Business Environment- International Trip
Latin America Business Environment - International Trip
United States Business Environment - Domestic Trip
Total Credit Hours33-34

Sample Plan of Study

Plan of Study Grid
Year One
FallCredit Hours
TERM 1  
ACC 670 Financial Reporting and Analysis 2
BUS 610 Communicating for Career Success 2
ECO 695 Global Economics 2
MGT 620 Managing Through People 2
TERM 2  
FIN 641 Valuation and Financial Decision Making 2
MGT 643 Principles of Operations Management 2
MGT 691 International Management 2
MKT 640 Foundations of Marketing Management 2
MAS 631 Statistics for Managerial Decision Making 2
 Credit Hours18
Spring
TERM 1  
FIN 660 International Finance 2
BUS 622 Global Business Consulting 3
MGT 677 Corporate Strategy and Organization 2
SPRING BREAK  
BUS 624, 625,
Asian/Pacific Business Environment- International Trip
or Latin America Business Environment - International Trip
or United States Business Environment - Domestic Trip
2
TERM 2  
BSL 692 Legal Implications of International Business Transactions 2
MGT 617 Leading Across Cultures 2
MGT 675 Business Policy and Strategy 2
 Credit Hours15
 Total Credit Hours33

Mission

To help students develop the competencies, expertise, and mindset with which to advance their goal of becoming principled leaders of global businesses and societies. 

Goals

Students completing the MIBS program will be able to understand and integrate basic international business concepts and to apply analytic models and techniques for international business decision making, planning and execution. They’ll acquire international functional skills to formulate and implement international business strategies, as well as gain an understanding of a particular region of the world and successfully apply the acquired international business frameworks and expertise to profit from international business opportunities and/or to cope with international business challenges. 

Student Learning Outcomes

  • To develop the Business Core Foundations.
  • To integrate all acquired knowledge/expertise through an internationally-focused practical project.
  • To acquire a global perspective and gain the basic International Business expertise.