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School of Business to Take its Executive MBA Program to Puerto Rico; Expands Latin American Presence

April 20, 2009
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   Puerto Rico
 
  Classes in the School’s Puerto Rico EMBA program will be held
  in Guaynabo, at the headquarters of El Nuevo Día.

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The School of Business Administration has announced its intent to bring its Executive MBA (EMBA) program to Puerto Rico. This expansion of the School’s EMBA program, which is pending approval by the Puerto Rico Council on Higher Education, will enable professionals living and working in the region to earn the University of Miami MBA degree in Puerto Rico without interrupting their careers. Classes will be held on Saturdays over a two-year period in facilities located just outside San Juan at the Guaynabo headquarters of El Nuevo Día, Puerto Rico’s leading daily newspaper and the School’s program partner.

“In order for Puerto Rico and the wider Caribbean basin to compete globally – whether it be in manufacturing, research and development or professional services – the region must have highly trained executives in leadership positions,” said Barbara Kahn, dean of the School of Business Administration. “By bringing our Executive MBA program to the region, we will not only help professionals gain the skills and knowledge they need to advance their careers and their organizations, we can also play a part in the region’s economic growth.”

The University of Miami Executive MBA program is designed to enhance the general business, critical thinking, decision-making and strategic skills of business executives. Emphasis is placed on global management practices, managing global markets, understanding information, finance, and people, and on leadership development. Classes in the Puerto Rico EMBA program will be taught by the same world-class faculty who teach in the School’s main campus MBA programs.

“The University of Miami's interest in Puerto Rico speaks very well about the quality of our executive management sector,” said José Julián Álvarez-Maldonado, president and chairman of the Puerto Rico Chamber of Commerce. “An executive MBA program of such stature in Puerto Rico will help our businesses and their executives rise to a further level of excellence.”

As part of its commitment to developing leaders in Puerto Rico, the School of Business will offer one full-tuition scholarship per class. Scholarship applicants must reside in Puerto Rico, meet all admission requirements and complete the application process in order to qualify.

The intended launch of the Executive MBA program in Puerto Rico marks another milestone in the history of the School’s EMBA program, which is currently ranked No. 33 among all EMBA programs in The Americas by the influential Financial Times. The program, which started in 1974 at the School’s main campus, was expanded to include programs in the Bahamas in 1976, Palm Beach County, Fla. in 1994 and Orlando and Tampa, Fla. in 1998. The School also delivers an on-campus Masters of Science and Executive MBA program taught entirely in Spanish.

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