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Since 2005, UM has a "Green U" initiative which includes LEED certification for buildings and the use of biofuels by the campus bus fleet. UM established the Abess Center for Ecosystem Science and Policy. As a part of the Abess Center, UM launched the R.J. Dunlap Marine Conservation Program to educate students on the importance of protecting the marine environment. In 2008, UM replaced the chiller plant on its Virginia Key campus to improve its carbon footprint. UM also planted mangroves, sea grape trees, and other dune plants on Virginia Key to protect its sand dunes and to protect the campus from storm damage.

In 2015, UM received 33,416 applicants for 2,082 available openings in its freshman class. About 63 percent of new freshmen admitted to the university graduated in the top 10 percent of their high school class, with an average GPA of 4.0, median ACT score of 30, and median SAT score of 1300. In 2015, undergraduates were composed of: 27% from the Greater Miami area, 10% from other parts of Florida, 48% from other U.S. states, and 15% were international students. Graduate students were composed of: 36% from the Greater Miami area, 12% from other parts of Florida, 33% from other U.S. states, and 19% were international students. As of 2009, UM reported the following graduation rates: 68% graduating within 4 years, 79% graduating within 5 years, and 82% graduating within 6 years. Male student athletes have a 52% 4-year graduation rate, and 72% of female student athletes graduate within 4 years.

UM is led by a board of trustees, which holds two meetings each year. The board has 48 elected members, 3 alumni representatives, 23 senior members, 4 national members, 6 ex officio members, 14 emeriti members and 1 student representative. Ex officio members, who serve by virtue of their positions in the university, include the president of the university; the president and immediate past president of the citizens board; and the president, president-elect and immediate past president of the alumni association. Since 1982, the board has eleven visiting committees, which include both trustees and outside experts, to help oversee the individual academic units. UM's president is the university's chief executive officer, with a 2012 salary of $1.16 million, and each academic unit is headed by a dean. On April 13, 2015, the university announced that Dr. Julio Frenk would be the university's 6th president. Frenk previously served as dean of Harvard University's T.H. Chan School of Public Health and Mexico's minister of health. Undergraduate & graduate School of Architecture College of Arts and Sciences School of Business Administration School of Communication School of Education and Human Development College of Engineering Rosenstiel School of Marine and Atmospheric Science Phillip and Patricia Frost School of Music School of Nursing and Health Studies Graduate only The Graduate School Leonard M. Miller School of Medicine University of Miami School of Law In addition, UM also has a division of continuing and international education and a program in executive education as part of its school of business administration. A partnership with nearby Florida International University, also allows students from both schools to take graduate classes at either university, allowing graduate students to take a wider variety of courses. In addition, the Miller School of Medicine offers separate PhD and MD/PhD programs in several biomedical sciences. The Department of Community Service, staffed by volunteer medical students and physicians from UM's Leonard M. School of Medicine, provides free medical and other community services in Miami and surrounding communities. For the fiscal year ending May 2012, UM had $2,403,500,000 in total revenues and $2,431,500,000 in functional expenses.