I am hoping to attend Farmers in the fall of 2018. My unweighted GPA is below a 3.7, around a 3.6 and my composite ACT is a 32. My course load has been rigorous and I attend an highly-ranked, competitive Ohio High School that requires a 92% for an A 84% for a B… I was admitted to Miami’s Summer Scholars program this summer and studied my first-choice module, “Taking Care of Business.” I am hopeful in terms of direct admission to Farmers as a freshman but not sure how competitive I will be in getting into the honors business program. Any ideas?
You have an excellent chance! However, the business school is called “Farmer”, not Farmers 
Business Honors applications open towards the end of first semester not when you are admitted to Farmer.
i heard business honors is super restrictive. as in, they plan your schedule and you cant really go abroad for a semester. i know some people who are in it and they recommended not applying. if you want the community that comes with the honors, just go for a business frat.