Your Investment in the Global OneMBA

Miami Herbert is committed to making its degrees accessible to all qualified candidates. Paying for a graduate degree shouldn't stop you from reaching your goals. Here you’ll find basic information about this specific program’s costs, and how you can finance this degree. 

The Global OneMBA costs provided below are approximations. Please be aware that living expenses can vary greatly, depending on where you live in Miami and your choice of shared or non-shared accommodations.  The University of Miami’s current cost per graduate study credit is $2,310.00*.  



One-Time Enrollment Fee


Fall Semester 2022: Tuition and Program Fees* (13 credits)


Spring Semester 2023: Tuition and Program Fees* (10 credits)


Fall Semester 2023: Tuition and Program Fees* (10 credits)


Spring Semester 2024: Tuition and Program Fees* (12 credits)


Estimated Total Cost of Attendance:


Program Costs Include: 

  • Lodging, organized meals, and in-country travel requirements during the global residencies** 
  • Required textbooks, cases, and academic materials 
  • Meals during Miami Herbert Business School modules 
  • Access to our Information Resource Center, database, and journal reviews 
  • Guest speakers and alumni receptions 
  • Staff support during class 
  • Graduation ceremony and reception 

* Academic Year 2022-2023
** Travel expenses to and from the starting- and ending locations of the various global residencies in Latin America, Europe, North America, and Asia are the responsibility of the individual participant in addition to travel expenses to the Miami Herbert Business School modules. The program cost does not cover the cost of lodging during the modules conducted at the Miami Herbert Business School (except for the North American residency). 

The enrollment fee of $2,200 is required in order to save an admitted applicant’s seat in the respective program of acceptance. The fee supports graduate student services and is not applied toward tuition. It is non-refundable and non-transferable.

Parking fees are not included, and all students must register their vehicles with UM Parking and Transportation and pay all relevant fees.

Paying for Graduate School

Understanding how to pay for your education now can help you build the foundation for a better financial future. Here are three simple steps to consider when financing your degree:

  1. Plan Early: Be sure to meet application deadlines. Start saving before you get to graduate school. Consider funding or using education savings (529) plans.
  2. Fill out the FAFSA application: Financial Aid is available to residents and US citizens, helping reduce expense outlays, by offering eligible applicants grants and/or repayable loans. It’s never too early to explore Federal aid.  When doing so, make sure you consider eligibility requirements, loan application deadlines and other implications, such as repayment conditions.
  3. Scholarship opportunities: All admitted applicants are considered for merit-based scholarship opportunities, and candidates are informed of the scholarship decision at the point of admission. The assessment criteria are the same as those used for the admissions decision but at a more competitive level. There is no separate application process for these scholarship awards. For information on scholarships, click here.

International students are not eligible to receive federal financial aid, which includes Stafford and Perkins loans. However, international students may qualify for private loans if they have a U.S. co-signer. 

You're not alone in this process. The UM student financial services team is here to help and is dedicated to helping our students afford their graduate education. Below are helpful links as you navigate the financing of your degree:

The University of Miami is a proud participant of the Yellow Ribbon GI Education Enhancement Program. Visit the UM Office of Veterans Affairs for more information.

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