Targeting Top Schools?
We can help improve your chances by 300%
Book a Free Session

Please screenshot this page and send it to info@mim-essay.com

close

Michigan Ross MBA Salary

Understanding Earnings Potential

If you're looking to pursue an MBA program, you want to ensure that the investment you make in terms of time and money pays off. One crucial aspect to consider is the earning potential of MBA graduates. In this blog post, we will dive into the Michigan Ross MBA Salary and explore the average graduate salary, sector-wise earnings, locations, and other opportunities associated with the degree.

Average Graduate Salary

The average median salary earned by a Michigan Ross MBA graduate after graduation is USD $175,000.

The average salary of $165,000 is a strong indicator that the Michigan Ross MBA program provides its students with the necessary skills and knowledge to be competitive in the job market.

It is important to note that this figure represents an average and that individual Michigan Ross MBA salary may vary depending on various factors such as the student's prior work experience, industry, location, and job title.

Moreover, the 99% job offer rate within three months of graduation indicates that the program prepares students well for securing job opportunities. This rate is an impressive testament to the program's effectiveness in providing students with the necessary tools and skills for a successful career.

In addition to the high salary and job offer rates, it is worth noting that 91% of accepted job offers reported a signing bonus. This bonus can provide graduates with additional financial benefits that can help them start their careers on the right foot.

Sector-Wise Opportunities & Earnings

Michigan Ross Full-Time MBA graduates have an average remuneration of $170,000 in North America after graduation, which is a great return on investment for the MBA program. The industry-wise base Michigan Ross MBA salaries for graduates are as follows:

1. Consulting 

When it comes to post-graduation career paths, an impressive 42.2% of Michigan Ross graduates venture into the captivating realm of consulting. As these graduates embark on their consulting journeys, they are greeted by a mean base Michigan Ross MBA salary of $168,261. Delving deeper into the salary spectrum, we find a median base salary of $175,000 and median signing bonus is $30,000.

2. Consumer Packaged Goods 

In a fascinating divergence from the mainstream, a notable 5.3% of Michigan Ross graduates venture into the dynamic realm of consumer packaged goods. As these graduates embark on their journeys in this ever-evolving field, they are greeted by a mean base Michigan Ross MBA salary of $119,650. Furthermore, the base salary range spans from $85,000 to an impressive $155,000.

3. Financial Services 

In a captivating exploration of career choices, a notable 15.0% of Michigan Ross graduates embark on a transformative journey in the realm of financial services. As these graduates delve into the world of financial services, they are greeted by a mean base Michigan Ross MBA salary of $165,000. Moreover, the base salary range extends from $120,000 to a remarkable $200,000.

4. Healthcare (Including Products and Services)

Venturing into the realm of healthcare, a captivating 6.3% of Michigan Ross graduates set their sights on a noble and transformative career path. As these graduates embark on their healthcare journey, they are greeted by a mean base salary of $147,111. Furthermore, the base salary range encompasses a wide spectrum, stretching from $121,000 to an impressive $197,000.

5. Technology 

Embarking on a path defined by innovation and cutting-edge advancements, a remarkable 17.3% of Michigan Ross graduates venture into the captivating realm of technology. As these graduates set foot on this transformative journey, they are met with a mean base salary of $137,283. In addition, the base Michigan Ross MBA salary range unfolds with a captivating range of $115,000 to $160,000.

Sectors Average Salary Highest Salary  Key Employers
Consulting $175,000 $30,000 McKinsey, BCG
Consumer Packaged Goods $85,000 $155,000 Unilever, P&G
Financial  $120,000 $200,000 Goldman Sachs, J.P. Morgan
Healthcare $121,000 $197,000 Aravind Eye Care System
Technology $115,000 $160,000 Google, Amazon

Job Placement Records

It was a record-breaking year for the most recent graduating class from the Full-Time MBA Program at the Ross School of Business, according to the newly released employment data.

The MBA career impact is clearly evident in the remarkable achievements of the Michigan Ross Full-Time MBA Class of 2022. This cohort has set several records, underscoring the significant career advancement an MBA can facilitate. An outstanding 99% of the graduates received job offers within three months post-graduation, and 98.4% accepted these offers within the same timeframe, demonstrating the high employability and market readiness of Ross MBA graduates

michigan ross mba salary

Top companies hiring 

Herein, we will explore the top three sectors that actively recruit Michigan Ross MBA graduates, providing you with an overview of the multinational corporations offering competitive salaries. This insight will help you envision the high-end companies you might join in the future as a Michigan Ross MBA

Consulting Finance Technology
McKinsey & Co Goldman Sachs Amazon
Bain & Co J.P. Morgan Microsoft
Boston Consulting Group BlackRock Google

Michigan ross placements by industry

Michigan ross MBA program consistently guides its graduates toward flourishing careers in high-demand industries, with a particularly strong presence in consulting, finance, and technology.

michigan ross mba salary

The University of Michigan's Ross School of Business is renowned for its diverse placement opportunities across various industries. Graduates of the Ross MBA program find themselves well-equipped to enter a range of sectors, reflecting the versatile and comprehensive nature of their business education, Michigan Ross MBA graduates are well-prepared to excel in a variety of industries, thanks to the comprehensive, real-world focused education they receive. The program's strong industry connections and focus on practical skills ensure that graduates are ready to make an immediate impact in their chosen fields.

 

Conclusion

Upon analyzing the data presented in the blog, it can be concluded that pursuing an MBA program from the Michigan Ross School of Business can be a smart decision for Indian students. What's more, the median Michigan Ross MBA salary of graduates is considerably higher than that of MBA graduates from other top B-schools in the US. 

Know Your Author
Photo of Rohit
Rohit Rajaram
Study Abroad Expert
Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
You may also like these Blogs