Executive MBA

The Chapman Graduate School of Business’ Executive MBA (EMBA) program offers extraordinary benefits both participants and their employers.

Participant Benefits

• Complete your degree in just eighteen months and maintain your current work/life balance.
• Capitalize on the FIU advantage. The Chapman Graduate School of Business is nationally ranked among the top 15% of graduate business schools and in the top 25 for international business.
• Learn at the heart of Miami’s Financial and International District. The Executive MBA program is delivered in our new Brickell location, offering a fully appointed, state-of-the art environment with multi-media classrooms, case study rooms, and a high-speed, wireless network.
• Expand your network and business acumen. Integrated into the program are personal mentors and coaches giving first-hand insights into the core of contemporary leadership issues.
• Move to the next level. Receive 360-degree personal leadership assessments.
• Gain valuable global insights and real business perspectives. The Program includes a global residency to Russia, Brazil or Italy as part of the EMBA Consortium for Global Business Innovation.
• Enhance your marketability. Our Career Services office offers a range of support for program participants and alumni to enhance their range of career opportunities and contacts.

Sponsoring Employer Benefits

Organizations that sponsor one or more EMBA participants share with the program's faculty and staff a keen interest in their employees’ professional growth. Besides certain mutual responsibilities, there are many potential benefits to this three-way relationship among the student, their employer and the university.

Through their investment in the program, sponsoring employers’ realize the direct benefits of building more effective organizations through:

• Direct return on their investment in their employee’s education
• Nurturing and developing the potential of key people
• Broadening the experience and perspectives of their future leaders
• Motivating their more promising managers to excel
• Transferring leading-edge management thinking directly to their organizations
• Enhancing the teambuilding and team-working skills of their top performers
• Gaining direct access to the resources and extensive professional network offered by FIU’s College of Business Administration
• Receiving and applying the collective knowledge, skills, and perspectives of participants in the EMBA program directly through their hands-on class projects and reports.

Our Executive MBA program delivers an interdisciplinary curriculum that prepares senior managers to handle increasingly complex, ambiguous, and interconnected issues.

Our MBA is not just about business theory or crunching numbers. It is about a collaborative environment among colleagues where the learning is by doing and leadership skills are gained through reflective analysis and exposure to community business leaders and current business challenges.

Your first experience as a new student begins with a Teambuilding Residency featuring a series of dynamic exercises in decision making and problem solving. Also included are outdoor challenges to build needed skills for working together in the program and for succeeding in today's team-based organizations. From there you will embark on a journey that will prepare you for the next stage of your business career and culminate with an intensive interactive simulation.

FIRST YEAR

Residency One

• Accounting and Finance Foundations
• Teamwork, Leadership, and Personal Development

Theme I: Navigating in a Globalized World

Leadership Seminar I

Theme II: Creating Economic & Social Value

Leadership Seminar II

Theme III: Processes that Deliver Economic & Social Value

Leadership Seminar III

SECOND YEAR

Theme IV: Strategic Analysis, Synthesis & Evaluation

Leadership Seminar IV

Residency Two

Theme V: Implementing Strategies

Residency Three 

The Executive MBA is designed to be as minimally disruptive to our candidate’s work lives as possible. Sessions are held on Saturdays, in Downtown Miami at our state-of-the-art business facility. In addition to regular Saturday sessions, there are three required residencies.

• Complete your MBA in eighteen months without interrupting your career
• Study with and learn from a diverse and highly select group of peers
• Strengthen leadership, team building and interpersonal skills
• Personalized career services
• Interact with top-notch faculty and international business executives
• International research  that includes a one-week residency abroad
• High level of personal service and support

To learn more, please download the program calendar.

• Average years of work experience – 15.7 years
• Average age - 39 years old
• Average salary - $144,000
• Average undergraduate GPA - 3.04
• Diversity: Men 62%, Women 38%

Alumni Testimonials

Alumni Directory

At the Chapman Graduate School we care very deeply about how well we are accomplishing our mission, how our programs contribute to our overarching goals and how we assure that the institution conforms to specified industry and academic norms.  Consequently we are committed to measuring the effectiveness of our programs using a well defined Assurance of Learning process that ensures “accountability and transparency”. 

Student Learning Outcomes

In recent times there has been a preponderance of student learning-based models which emphasize that Faculty should model the learning process in consultation with all our stakeholders.   Student Learning Outcomes (SLOs) detail what we aim for our students to know, what they can actually do, and what are their vocational attitudes.  These are:

• LO1: Evaluate the financial position of organizations through the examination of balance sheets, cash flow statements, and budgets.
• LO2: Use team building and collaborative behaviors to accomplish group tasks.
• LO3 : Recognize and analyze ethical problems/ choose and defend resolutions for situations that occur in business.
• LO4: Critically analyze complex business issues and recommend sound solutions, in local and global environments.
• LO5: Demonstrate competency in IT as an enabler of business strategies in all functional areas.
• LO6: Make decisions that meet expectations and requirements of an organization’s stakeholders.

Program Outcomes

Given our mission, this program has defined the benefits to students as you gain new knowledge, increase your skills, change your values, and modify your behavior through the following program outcomes:

• PO1: Graduating students are satisfied with program value and potential for career advancement.
• PO2: The program will admit well qualified students who will successfully complete the program.
• PO3: The curriculum is relevant, coherent, and improves skill development in organizational management.
• PO4: The program will provide quality instruction. 
• PO5: The program will provide quality advising, program administration, academic and student support services, and facilities.
• PO6: Maintain sufficient gross revenues to cover all program expenses and be self sustainable.
• PO7: Graduating students will see an increase in salary as a result of obtaining degree.

Our four international business schools have agreed to establish this EMBA Consortium on Business Innovation in a Global Context in order to enrich our students’ educational experience.  Our underlying philosophy is that by offering a global portfolio of regionally focused programmatic alternatives, we seek to confront our students with the reality of doing business in vastly different countries in ways that will reinforce other learning and experiences and provide an important global perspective on business innovation, so critical in today’s environment.  Living in and learning from different markets, teachers, colleagues, companies, government institutions and cultures, even if for only a short period of time, can represent a paradigm shifting experience for senior executives.

Learn More

We admit students to our top EMBA in Florida every fall term only. To be eligible for admission to our Executive MBA program, you must:

• Have eight years of work experience, five of which need to have been in a managerial role (managing people, budgets, projects).
• Meet the general university requirements for admission to a graduate degree program.
• Be in good standing with all previously-attended colleges and universities.
• Have a bachelor’s degree from an accredited college or university.
  • Have a grade point average of 3.0 or better based on upper-division coursework. Applicants with less than a 3.0 with strong work experience may be considered.
  • Have official transcripts from all previously-attended universities (undergraduate and graduate) in an envelope *sealed* by the degree-granting institution(s).
  • Have official proof of degree—a copy of the original diploma is required if the degree is not posted on the official transcript.
  • For international transcripts needing translation, place request for two sets of transcripts: one for the translation agency and another one for us.
• For those whose native language is not English, have taken the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS.) Must have a minimum score of 213 on the computer-Based TOEFL (CBT), 550 on the paper-based TOEFL (PBT), or an 80 on the internet-based TOEFL (iBT). Applicants taking the IELTS must score a minimum of 6.3 overall. To obtain information about the TOEFL exam, please contact the English Language Institute 305-348-2222, or visit www.toefl.org. When requesting the official scores, please refer to the Florida International University Institution code 5206. To obtain more information about the IELTS, visit www.ielts.org.
• For international students, have submitted the following documents: Declaration of Certification of Finances (DCF), a bank letter, a sponsor letter, if applicable, and an F-1 transfer if they already have an F-1 Visa.
• Although the GMAT is not required for this program, you may be asked to take it to strengthen your admission package.

Important Dates and Deadlines
Application Deadlines
Round 1 – May 1, 2012 with applicants notified by May 21, 2012
Round 2 - July 1, 2012 with applicants notified by July 20, 2012
After July 1, 2012 – on a space available basis

Program Orientation and Start Date: August 18, 2012
Ideal candidates for the Executive MBA program are highly motivated individuals who want to accomplish even more than they already have.  Click here to review our application process.  For more information on the application process please go to (add link).


To apply for the program:

1. Please visit our website at: https://app.applyyourself.com/?id=fiu-g, click on “Create Account”

2. Enter the program name Executive MBA in the online admission form. 

3. There is a non-refundable application fee of US$30.00.

Only those applicants who have submitted complete application packets will be considered.  Meeting the minimum requirements is not a guarantee of admissions.  Students do not need to wait until they have all of the materials together to apply.  Submit your online application now and the rest of the materials as you complete them.
Requirements/Required Documents:

1. Official transcripts from all previously attended colleges and/or universities.  Transcripts must be sent directly to:
   
   FIU – Executive MBA
   Florida International University
   1101 Brickell Avenue
   Suite S-300
   Miami, FL 33131 
   • If the official transcripts are not in English, a second copy of the transcript must be evaluated by an official translation agency and sent to our mailing address above. Visit the University Graduate School’s website for more information.
   • Official proof of degree: A notarized copy of the original diploma is required if the degree is not posted on the official transcript

2. Current Resume - detailing your chronological professional experience, and dates of earned degrees.
3. Statement of Purpose - document of no more than two pages outlining your objectives for pursuing this graduate degree program
4. Two Recommendation Letters from employers, faculty or professional associates
5. Formal interview with Executive leadership, to be scheduled by admissions manager
6. Official TOEFL scores should be sent to directly to us by the Educational Testing Service, (ETS).  FIU’s University code is 5206.
7. Please submit citizenship and immigration document to our offices as outlined below:

• Prospective students claiming Florida residency for the purposes of tuition must complete the Florida Residency form/Affidavit and submit appropriate supporting documents prior to an admissions decision. If you have not submitted valid and complete documentation prior to admission, you will be classified as out-of-state during the admissions process.

Prospective students claiming residency must submit two (2) forms of evidence to substantiate the Florida Residency form/Affidavit. Each form must not be expired, and must demonstrate one full year of Florida residency prior to the beginning of your intended first term.

Accepted documents include:

• Florida driver’s license
• Florida vehicle registration
• Florida vehicle title
• Florida voter registration card
• Declaration of domicile in Florida
• Proof of purchase of a permanent home in Florida
• Transcripts from a Florida high school for multiple years
• Proof of permanent full-time employment in Florida (via employee letter)
• Benefit histories from Florida agencies or public assistance programs

If you do not have two of the listed items, please visit the FIU registrar's website to find alternate forms of accepted evidence: http://registrar.fiu.edu/index.php?id=86. Please contact the office of Graduate Admissions for any alternate documentation inquiries:
Modesto Maidique Campus
Office of Graduate Admissions
Location: PC 231
305-348-7442

Tuition for our Executive MBA Program is $64,000 for Florida residents and $69,000 for non-residents and international* students. Students pay for courses at the beginning of each semester. All fees are subject to change. A $2,000 nonrefundable professional development fee is due upon acceptance into the program. The remaining balance is payable on a semester basis based on the University’s Academic Calendar deadlines. Those who leave the program receive no refunds. Tuition does not cover transportation, airfare, some meals or visa processing fees for the international residency.

* International students, please click here for more information. 

Declaration of Finances

The university is required by immigration authorities to check carefully the financial resources of international applicants before admitting them to the EMBA program and issuing them the appropriate documents (Form I-20).  Therefore, it is important that you be aware of the cost of participating in the program and have the necessary support and funding for your period of enrollment.  The total funds available for the entire program must equal the total estimate of institutional costs and living expenses for the duration of the program.  Financial support required typically amounts to resources sufficient for the program fee, books, insurance, laptop computer, and living expenses for the year. Please make sure that you provide us with sufficient proof of funds for at least this amount. Bank and sponsor letters will be required.

International Student Status 

International students must secure F-1 status before the start of the program, unless you are in another non-immigrant status, which permits full-time study.

Obtaining a Student Visa

In order to verify your ability to comply with the financial declarations previously described, the student must complete and return the "Declaration and Certification of Finances" form.

It is critical that this form be completed accurately to avoid unnecessary delays in processing.  Once the university has verified that you have met all admission requirements, you have been fully admitted, and your "Declaration and Certification of Finances," has been approved, a "Certificate of Eligibility for Nonimmigrant Students" (Form I-20) will be issued to you.

International students must have a Form I-20 in order to secure F-1 status and participate in the program.  International students must secure an F-1 Visa from the U.S. consular post in their home country in order to enter the U.S. as a student on F-1 status. This visa is an entry permit; it cannot be obtained in the United States since F-1 visas can be issued and renewed only at a U.S. consular post abroad.

Medical Insurance

The State of Florida requires that all international students in F or J status maintain health insurance coverage to help defray the costs in case of a catastrophic medical emergency. The policy must provide specific levels of coverage which have been established to ensure that they are adequate for U. S. health care services. International students in the program are required to purchase this insurance through Florida International University or to demonstrate that they have comparable coverage. The cost of this insurance is always subject to change.    The cost of this insurance is incremental to the EMBA program’s tuition and fees.

You may purchase medical insurance through University Health Services with a cashier’s check or money order or you may go online to http://www.collegiaterisk.com/students/fiu/fiu.html and purchase with a Visa or MasterCard credit card. If you have your own insurance, your insurance company must complete an Alternate Insurance Form. The Alternate Insurance form is available in the University Health Center Office on the Biscayne Bay Campus (HWC) and on the Modesto Maidique Campus (UHSC 101). It is also available in the ISSS office on the Biscayne Bay Campus (WUC 363) and on the Modesto Maidique Campus (GC 355). If your policy meets the University’s minimum medical insurance requirements, it will be approved.

Executive MBA program fee covers:

• tuition
• e-books and digital course materials
• health, athletic, photo and parking fees
• lodging and most meals during residency sessions
• special events

Because state law prohibits the university from extending credit, fee payment cannot be delayed beyond the start of classes or financed by the Executive MBA program or the university. An exception to the advance payment policy will be made only for those who have been awarded financial aid by the university (scholarship, fellowship, loan) and granted a deferment.

If you expect to receive aid from other sources for all or part of the program, but will not receive that aid in time to meet the advance payment deadline, you should arrange for financing through a bank or other financial institution to ensure that your program fees are paid on a timely basis. 

Payment Schedule

Tuition Breakdown with Financial

GENERAL APPLICATION PROCEDURES

To receive financial assistance you must be fully admitted to an FIU degree program or be enrolled in a qualified certificate program.

To receive need-based assistance you must complete and submit the Free Application for Federal Aid (FAFSA) online at www.fafsa.ed.gov.  Completing the FAFSA correctly and submitting any requested document(s) by the annual priority deadline date, March 1st, increases your potential to receive the maximum financial aid for which you are eligible.

FIU's INSTITUTION CODE: 009635

Calculate your Expected Family Contribution (EFC) – EFC Calculator

INTERNATIONAL STUDENTS

The financial assistance offered through the University requires USA citizenship or permanent USA residency to qualify for any federal or state aid.  Need-based federal and state assistance is not available to international or ineligible non-citizens.

LOAN ELIGIBILITY

Eligibility/Requirements 

Recipients of federal loans must meet the following criteria:

• Completed Free Application for Federal Student Aid (FAFSA) Application for each academic year
• Demonstrate financial need;
• Be a U.S. citizen or eligible non-citizen;
• Be registered with Selective Service, if required;
• Admitted to a degree seeking program or an eligible certificate program;
• Be enrolled at least half time (6 credits/undergraduates-5 credits/graduates) when loan proceeds are received;
• Not be in default on a previous student loan or owe a repayment on a previous federal financial aid award received at any institution;
• Applicant can not have an adverse credit history (for Graduate Plus loans only).

Additional requirements may apply depending on the aid programs awarded to you.  

LOANS

Loan Types:

Subsidized – is awarded to student’s demonstrating a financial need as determined by the federal processor as a result of your FAFSA application.  Your loan eligibility is also based on your academic level (see chart below).  Interest payments on this loan is subsidized (you are not charged interest) by the federal government while you are in school or during authorized periods of deferments.  You begin repayment six months after you graduate or stop attending at least half-time.

Unsubsidized – a student does not have to demonstrate financial need to receive this loan.  You may borrow the cost of attendance minus all financial aid awarded and based on your academic level (see chart below).  Interest payments on this loan are not subsidized by the government. You can choose to pay the interest while you are enrolled fulltime or it can be accrued and added to the part of the principal of the loan that you owe.  You begin repayment six months after you graduate or stop attending at least half-time.

Graduate Plus - Graduate students are now eligible to borrow under the PLUS loan program up to their cost of attendance minus other estimated financial assistance.  Students need to first apply with the Department of Education to initiate the loan application process; the terms and conditions applicable to Parent Plus Loans also apply to Graduate Plus Loans.  All Graduate Plus Loans are awarded to all graduate students who meet the eligibility requirement upon receipt of your financial aid award letter for each academic year.  This loan is a credit-worthiness loan which will require a credit history approval.  Interest Payments on this loan are not subsidized by the government.

Graduate Need Grant - awards based on financial need which do not have to be repaid.

• To be eligible applicant must have an EFC between 0 – 7500
• Must complete FAFSA by March 1st priority deadline
• Must be enrolled for at least 9 credits per semester for disbursement (Fall & Spring)

For additional information on Financial Aid, please contact Melissa Hew via email at Melissa.Hew@fiu.edu or at 305-348-4234.