Key Takeaways
1. Program Overview: The Michigan Ross MBA is a two-year, full-time program designed to cultivate leadership and management skills through a blend of theoretical and practical learning experiences. The curriculum incorporates case studies, real-world projects, and interactive simulations, preparing students to tackle complex business challenges effectively.
2. Class Profile: The Michigan Ross MBA Class of 2025 includes a diverse group of students with varied professional backgrounds and global perspectives. The class comprises 45% women and 36% international students, enhancing the learning environment with different viewpoints and experiences. The median GMAT score for the class is 710, reflecting the program's competitive admissions process.
3. Tuition Fees: The tuition fee for the Michigan Ross MBA program is $71,048 per year for in-state students and $76,048 per year for out-of-state students. Additional costs, including living expenses and healthcare, bring the total estimated cost of attendance to approximately $100,000 per year.
4. Average Salary and Employment: Graduates of the Michigan Ross MBA program enjoy strong career prospects, with a median base salary of $135,000 and an average signing bonus of $30,000. Many alumni secure positions in leading firms across industries such as consulting, finance, and technology, benefiting from the program’s extensive alumni network and career support services.
Introduction
Planning to attend Michigan Ross MBA? Ross School of Business MBA program is one of the top business schools worldwide.
The Michigan Ross MBA program, at the University of Michigan, is known for its innovative curriculum and leadership development. With a strong emphasis on teamwork and real-world impact, it prepares students to excel in various industries and global markets.
This program offers a collaborative and immersive experience, making it a top choice for aspiring business leaders.
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 Acceptance Rate
The acceptance rate for the Ross School of Business Full-Time MBA program at the University of Michigan is selective, with an approximate rate of 20%. This reflects the competitive nature of the admissions process, where the school prioritizes candidates with strong professional experience, leadership potential, and academic excellence.
Student Experience For Michigan Ross MBA
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) |
Michigan Ross MBA Program and Curriculum
Michigan Ross Full-time MBA curriculum that combines core courses with customizable electives and hands-on experiences. Students engage in real-world projects, such as the Multidisciplinary Action Projects (MAP), and can specialize in areas like Data and Business Analytics, Design Thinking and Innovation, or Healthcare Management.
MBA 1
- Fall A - Financial Accounting, Applied Microeconomics, Applied Business Statistics,Corporate Strategy
- Fall B- Financial Management, Marketing Management, Leading People and Organizations
- Winter A- Management Accounting, Operations Management
- Winter B- Multidisciplinary Action Projects (MAP)
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:
- Artificial Intelligence for Business
- Energy Markets and Energy Politics
- Sustainable Operations and Supply Chain Management
- Health Care Markets and Public Policies
- Equity Analytics
Ross Experiences in Action-Based Learning
Michigan Ross curriculum offers the REAL (Ross Experiences in Action-Based Learning) program, providing students with hands-on learning opportunities. These include Multidisciplinary Action Projects (MAP), Living Business Leadership Experience, and +Impact Studio Course, all designed to help students apply their knowledge to real-world business challenges. This approach ensures that students gain practical experience and develop critical problem-solving skills essential for their careers.
For more details, visit Michigan Ross REAL
MIchigan Ross MBA MAP projects
Fees & and Financing 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 |
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.
To get more details, check: Affording Your MBA: Scholarships & Support
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% |
For more details:Employment Data for Full-Time MBA- Michigan Ross
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.
For detailed description of Interview Questions, please refer Michigan Ross MBA Interview Questions.
What Michigan Ross asks for in top MBA Applicants
- 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.
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.
- Connect & Collaborate: Michigan Ross are collaborative, and work together to achieve more.
- Learn & Grow: Michigan Ross embrace a growth mindset and continuous improvement.
- Do Great Things:The Ross strive for excellence and impact.
- Be An Owner: Michigan Ross trust and empower our people to take ownership.
- Be Inclusive: The Michigan Ross ensure that every member of our community has an opportunity to thrive.
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