Introduction
The Ross School of Business offers a highly esteemed MBA program with a curriculum that places a strong emphasis on experiential learning. At Ross, the MBA program provides students with a rigorous and practical education that prepares them to tackle any challenge they may face in the workplace. The curriculum is designed to ensure that students develop the skills and knowledge needed to excel in their careers.
Students have the opportunity to tailor their MBA experience based on their individual career objectives. Whether it's specializing in one of the seven focused programs, engaging in one of the 100 MAP opportunities, or pursuing one of the 24 formal dual-degree programs, students have a range of options to customize their educational journey.
| Program length | 16 Months |
| Tuition Fees MBA 2024 |
$75,392 |
| Program deadline MBA 2025 |
September 14, 2023 January 11, 2024 April 4, 2024 |
| Application fees | $200 |
Michigan Ross MBA Class Profile
The Michigan Ross MBA class profile has 380 students, 42% of whom are female. 11% of the class is pursuing a dual degree and they have undergraduate majors in business, STEM and humanities. 36% of the students in the class are international students who come from 36 countries. They represent diversity in culture, region and values. A student of Michigan Ross MBA class has a lot to learn from the class and a lot to offer to the class.
| Average GMAT | 719 |
| Average GRE | 162- Average Quant 160- Average Verbal |
| Average GPA | 3.43 |
| Average work experience | 5.8 years |
| Average age | NA |
| Pre-MBA industry | 18%- Consulting 17%- Finance 16%- Tech 12%- Health 10%- Engineering / Manufacturing 8%- Other 6%- Education / Non-Profit / Government 6%- Military 4%- Media / Hospitality / Sports 3%- Energy / Sustainability |
| Pre-MBA location | NA |
| Class size | 379 |
| Women | 43% |
| Country Represented | 39 Countries |
Michigan Ross MBA Ranking
The University of Michigan's Ross School of Business consistently ranks among the top business schools globally, earning a reputation for academic excellence, innovative programs, and a strong alumni network. Its MBA program is highly regarded, attracting students from diverse backgrounds and preparing them for leadership roles in various industries.
| Rankings | Position |
| FT Global MBA Ranking | 23 |
| US News Ranking, Best Business Schools | 12 |
| QS Global MBA Rankings 2024: Europe |
Eligibility and Requirements for Michigan Ross MBA
The eligibility criteria and requirements for the Michigan Ross MBA program are designed to ensure that candidates possess the necessary academic background, professional experience, and personal qualities to thrive in the rigorous and collaborative environment of the business school.
Also, a key point to note here is that these eligibility criteria are the minimum requirements and not the final cutoff, so make sure to achieve scores such as Michigan Ross GMAT scores or GRE scores above the eligibility criteria.
| Requirements | Details |
| Transcripts | Bachelor's Degree's transcripts will be required if you are accepted |
| Test scores needed | You can submit the GMAT, GMAT Focus Edition (beginning Q4 2023), GRE, MCAT, LSAT, PCAT, or DAT. |
| Standardized requirements by school | - Essays - One Recommendation |
| Additional requirements | - English Proficiency (with the help of tests like IELST, TOEFL) |
Program and Curriculum of Michigan Ross MBA
Michigan Ross MBA curriculum consists of a strategy of "Learn business by doing business" and it has 4 derrivatives.
- Start
- Advise
- Invest
- Lead
The Michigan Ross MBA program is one of the top-ranked business programs in the world, known for its rigorous curriculum, world-class faculty, and innovative approach to business education. The program is designed to prepare students for leadership and management roles in a rapidly changing global economy, and offers a broad range of courses and experiential learning opportunities that enable students to develop the skills and knowledge needed to succeed in their careers.
Electives
Here are some key categories of electives you might find at Michigan Ross:
| Entrepreneurial Finance | This course covers the financial aspects of starting and growing a new business. Students learn how to raise capital, manage finances, and make strategic financial decisions. |
| Digital Marketing | This course focuses on the use of digital technologies in marketing, including social media, search engine optimization, and mobile marketing. Students learn how to develop and execute effective digital marketing campaigns. |
| Private Equity and Venture Capital | This course covers the principles of private equity and venture capital investing. Students learn how to evaluate investment opportunities, structure deals, and manage portfolio companies. |
| Sustainable Business | This course covers the principles of sustainable business, including environmental sustainability, social responsibility, and corporate governance. Students learn how to integrate sustainability into business strategy and operations. |
| Marketing | Advertising, branding, competitive strategy, consumer behavior, global marketing, marketing models, and media. |
| Organizational Behaviour | Leadership, groups, negotiations, creativity, culture and identity, and business ethics. |
| Negotiation | This course teaches students how to negotiate effectively in a business setting. Students learn negotiation strategies and techniques and practice negotiating in various scenarios. |
Fees, Financing and Scholarships at Michigan Ross MBA
The cost of pursuing an MBA at the University of Michigan's Ross School of Business involves several factors, including Michigan Ross MBA fees, living expenses, financing options, and scholarship opportunities. Understanding these aspects is crucial for prospective students planning their financial strategy for attending the Michigan Ross MBA program.
| Tuition fee for the class 2024 | $75,392 |
| International Student Service Fees | $500 |
| Application Fees | $200 |
Scholarships for Michigan Ross Applicants
These scholarships are typically awarded based on a combination of merit, financial need, and other specific criteria. Here are some of the common Financial aid | Scholarships - MBA Programme | Michigan Ross options available for students:
| Scholarship | Value | Eligibility |
| Dean’s Impact Scholars | Tution fees and an annual stipend | Open to: All successful MBA applicants |
| Dean's Fellows | Tution Fees | Open to: All successful MBA applicants |
| Health Innovation Scholars Program | Tution fees, proffesional Development fudning | MBA applicants with an interest in healthcare |
| Tauber Institute for Global Operations Scholarships | NA | Open to: All successful MBA applicants |
Employment Upon Graduation
Michigan Ross MBA Salary is ranked among the top-b schools and the graduates are placed in a variety of prestigious firms around the world. The majority of Michigan Ross MBA students are placed in the consulting sector, followed by the technology sector.
Michigan Ross MBA alumni can be found working at big corporations such as Mckinsey, Amazon, Microsoft, and Google. every penny spent on Michigan Ross MBA worth it as you get high paid jobs in top tier companies.
| Average salary MBA2024 |
$175,000 |
| Offer accepted upon graduation | 87.7% |
| Offer received upon three months of graduation | 96% |
| Post-program job locations | Mid-Atlantic - 5.7% Midwest -31.1% Northeast - 28% South -3.4% |
| Post MBA industries MBA2022 |
Consulting - 44.9% Consumer Packaged Goods - 5.4% Energy - 3.4% Financial Services - 14.2% |
Michigan Ross MBA Application: Essays and Interview
The Michigan Ross MBA application process is comprehensive, requiring applicants to submit essays and potentially participate in an interview. These components play a crucial role in the admissions decision and provide candidates with an opportunity to showcase their qualifications, experiences, and aspirations.
Here is a breakdown of the key components of the applicaation :
Essays
The Michigan Ross MBA Essays has updated the questions in three parts.
The School have added short-answer essay question and split our career goal essay into two parts. In addition, it has a new policy on how students can demonstrate their academic readiness for the rigor of a top MBA program without submitting a standardized test score.
Additional short-answer essay, career goal essay splitting into two parts
Part 1: Short-answer questions
Select one prompt from each group of the two groups below. Respond to each selected prompt in 100 words or less (<100 words each; 200 words total).
Group 1
- I want people to know that I:
- I made a difference when I:
- I was aware that I was different when:
Group 2
- I was out of my comfort zone when:
- I was humbled when:
- I was challenged when:
Part 2: Short-answer question
- Pick one thing from your resume and tell us more. (100 words)
Part 3: Career Goal
- What is your short-term career goal? (25 words)
- Why is this the right short-term career goal for you? (150 words)
Interview Questions
Interviews are exclusively arranged through invitations and are led by a Ross alum. Applicants will be informed about the interview invitation schedule and subsequent procedures a couple of weeks following the application deadline.
The interview assists us in assessing how you articulate your experiences and achievements within a professional context.
Who Attends Michigan Ross MBA
- Diversity is valued and encouraged at their institution, as it is a catalyst for success both in academia and business.
- Their MBA program fosters an inclusive environment where diverse perspectives are celebrated.
- Join a community of peers and faculty who inspire you to approach challenges with a multifaceted view, prioritize fairness, and offer unwavering support.
For detailed description of Interview Questions, please refer Michigan Ross MBA Interview Questions.
Why Michigan Ross is Unique
Is Michigan Ross worth it? Michigan Ross is a top-ranked business school that offers an innovative, action-based approach to learning. The school is also known for its entrepreneurial spirit and its strong network of alumni who are leaders in a variety of industries around the world. These unique qualities make Michigan Ross a truly special place to pursue an MBA.
- Collaborative Community: Michigan Ross fosters a collaborative and supportive community that encourages teamwork, shared learning, and networking. The school's emphasis on teamwork prepares students for the collaborative nature of the business world, where effective teamwork is crucial for success.
- Alumni Network: Michigan Ross boasts a strong and extensive alumni network that provides ongoing support and networking opportunities. Alumni are actively engaged in mentoring students, recruiting graduates, and offering career guidance, contributing to a robust professional network and enhancing career prospects for Ross MBA students.
- Leadership Development: The Ross Leadership Development Program (RLDP) is a signature program that focuses on developing students' leadership skills, self-awareness, and the ability to inspire and influence others. Through personalized coaching, workshops, and experiential learning, Ross MBA students cultivate their leadership potential.
- Entrepreneurial Spirit: Michigan Ross promotes an entrepreneurial mindset and offers resources and support for aspiring entrepreneurs. The Zell Lurie Institute for Entrepreneurial Studies provides mentorship, funding opportunities, and a vibrant entrepreneurial ecosystem, enabling students to launch their ventures or drive innovation within established organizations.
- Campus and Facilities: The Michigan Ross campus provides state-of-the-art facilities, including cutting-edge classrooms, collaborative spaces, and dedicated areas for student activities and events. The campus environment is designed to enhance the learning experience and foster a sense of community among students, faculty, and staff.
Useful Links
| Eligibility & admission process | Admission Requirements |
| Course and Curriculum | Curriculum |
| Costs & finance | Tution and Financial Aid |
| LBS Alumni | Michigan Ross Alumni |
| REAL (Michigan Ross MBA) | Want to Make a Real Impact? get Experience |
| Contact | Michigan Ross MBA Program 734-763-5796 rossadmissions@umich.edu |
Conclusion
With a world-class faculty, innovative curriculum, diverse student body, and strong alumni network, Michigan Ross provides a transformative experience that prepares students for success in the global business landscape. The school's emphasis on experiential learning, action-based leadership, and social responsibility sets it apart from other top MBA programs, making it an excellent choice for aspiring business leaders looking for a truly unique and enriching educational experience
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