[1] On October 15, 2019, the school's name changed again to honor Patti and Allan Herbert, a married alumni couple who have contributed approximately $100 million to the university over the course of their lifetimes.

[13][5] In December 2022, the University of Miami announced the departure of Quelch as the school's dean, and the appointment of Ann N. Olazabal, a professor of business law and ethics and the Herbert Business School's vice dean of Lifelong Learning and Executive Education, as his interim replacement.

[18][19][20][21] Graduate students may also pursue several joint interdisciplinary degrees, including a JD-MBA, a PhD-MBA, and a Master of Science in Sustainable Business.

Miami Herbert also operates a program in collaboration with the university's School of Architecture leading to a joint Bachelor of Architecture-MBA degree.

[18][21][22] All graduate programs emphasize experiential learning with students graded on portfolios they develop in their coursework.

[33] As of 2022, Poets and Quants ranks Miami Herbert Business School 30th-best nationally and the best in Florida.