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Michigan Ross MBA Review

michigan ross mba

8 minutes

Table of Contents

    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 mba

    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

    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:

    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 Full time mba employment report

    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 

    michigan ross mba

    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?

    michigan ross mba

    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

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    |
    Study Abroad Expert

    Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


    Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

    His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

    Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

    How does the Michigan Ross MBA program compare to other top business schools in terms of study abroad opportunities and global immersion experiences?

    The Michigan Ross MBA program offers exceptional study abroad opportunities and global immersion experiences that rival other top business schools. Students can choose from a wide range of international exchange programs, allowing them to immerse themselves in different cultures and business environments. 

    What support services does Michigan Ross provide to international students pursuing their MBA?

    Michigan Ross is committed to providing comprehensive support services to international students. The school offers visa assistance, helping students navigate the complex process of obtaining student visas. Cultural integration programs, such as orientation sessions and diversity initiatives, foster a welcoming and inclusive environment. 

    What is the GMAT range for Michigan Ross MBA?

    The average GMAT score for the incoming class at Michigan Ross MBA is around 716, with the middle 80% of students scoring between 670-760. However, Ross does accept GRE scores in addition to the GMAT.

    What is the average salary for an MBA at Michigan Ross?

    According to the most recent employment report, the average base salary for Michigan Ross MBA graduates was $132,888, with top earners making over $200,000. Graduates accepted job offers in a variety of industries, with consulting and finance being the most popular.

    Is Michigan Ross MBA worth it?

    Michigan Ross is one of the top universities in the country to attend for your MBA, according to the 2024 Graduate Business Schools Rankings by U.S. News & World Report. The Ross School of Business' MBA programs remained in the top 10 this year. 

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