Payal Tandon
Co-founder, e-GMAT
Welcome to e-GMAT Support!
I am Payal, Co-Founder of e-GMAT.
Feel free to ask any Query.
Thank you for your query.
We will be contacting you soon on

Michigan Ross School of Business MBA Guide 2024 – Class Profile and Employment report 2022

Michigan Ross School of Business MBA Guide 2024 – Class Profile and Employment report 2022
A 6 min read

The Stephen Michigan Ross School of Business at the University of Michigan is located in the town of Ann Arbor. The full-time MBA at Michigan Ross is a two-year residential program.

The academic year is divided into two 12-week terms, i.e. Winter and Fall. Each team is divided into two seven-week sessions.

Michigan Ross MBA has also introduced the STEM track. Along with the full-time MBA core courses, the STEM track will require students to complete an additional 18 credit hours from a specific set of electives across business disciplines, including marketing, accounting, management, technology, operations, and finance.

Since its inception in 1924, the Michigan Ross school of business has developed and matured into a leading MBA program with a focus on action-based learning.

In this article, we explore the class profile 2024 and the employment statistics of the Michigan Ross School of Business MBA program.

Michigan Ross School of Business - Class Profile _ Employment Reports and Salaries

Michigan Ross School of Business MBA

Following are some of the key statistics of the MBA Program 2024 at Michigan Ross School of Business:

Average GMAT720
Average Work Experience5.6 Years
Class Size380
Average GPA3.5
%age of Women in Class42%
%age of International Students36%
GMAT Range (Middle 80%)680-760

With its mission of creating a better world through business, Michigan Ross aims to put together a diverse class of accomplished people who work hard and drop their egos and get things done.

Read more about what the MBA Admission Committees at Top Business Schools are looking for in candidates.

Michigan Ross MBA Class Profile 2024

Michigan Ross MBA Program: Pre-MBA Major

Following are the Pre-MBA major of Michigan Ross MBA Class 2024:

Pre-MBA MajorPercentage
Business38%
STEM40%
Humanities22%
5-Year Trend for Michigan Ross MBA Class Profile
S.NoMichigan Ross School of Business20202021202220232024
1Avg GMAT720718710722720
2Avg GPA3.53.443.503.533.5
3Class Size420416358398380
4Work Experience (Average) 5.4 years5 years5.6 years
5Tuition Cost (per year/Single student)*$73,750$73,750
$73,196    

$73,196  
$ 73,196
6% of students reported jobs received after 90 days90.3%97.5%99%
7Median Base Salary$135,000$144,000$165,000
8Median Signing Bonus$30,000$30,000

Michigan Ross MBA Program: Pre-MBA Industry

A majority of the MBA class of 2024 at Michigan Ross comes from consulting(23%) and finance(11%) backgrounds. The following table contains detailed information about the pre-MBA industry backgrounds of the 2023 Michigan Ross MBA class:

Pre-MBA industry%
Consulting19%
Finance14%
Healthcare14%
Education/Non-Profit/Government11%
Tech11%
Consumer Goods4%
Military7%
Engineering/Manufacturing3%
Media/Hospitality/Sports3%
Energy3%
Other11%

Michigan Ross MBA Campus Location

Ann Arbor in Michigan can be considered a quintessential college town. Because of the size of the University of Michigan (which employs approximately 44,000 people), it is bustling with students and boasts a young and vibrant atmosphere.

Moreover, because of its parent university’s size, Ann Arbor offers a sophistication not necessarily found in other college towns or midwestern cities of a similar size.

Ann Arbor also enjoys an active arts scene and offers a myriad number of opportunities for outdoor activities, with more than 140 parks within the city's limit.

Michigan Ross School of Business Application Deadlines 2022-23

Following are the application deadlines for the Michigan Ross School of Business:

Application RoundDeadlineDecision
Round 1September 19, 2022December 09, 2022
Round 2January 09, 2023March 17, 2023
Round 3April 03, 2023May 05, 2023

Aayush scored a GMAT 750 and received an admit from the Ross School of Business. Read more about his GMAT and Application Journey here.

Aspiring to pursue your MBA at Michigan Ross? Here are two articles that can help you with your Ross MBA Application: Michigan Ross MBA Essays: Analysis and tips for 2024 intake and What is a good GMAT score for Michigan Ross?

Getting into a top MBA program like Michigan Ross requires a 700+ GMAT score, If you are planning to take the GMAT, we can help you by giving you access to quality online content to prepare.  We are the most reviewed GMAT prep company on the GMAT Club with more than 2400 reviews. Why don’t you take a free trial and judge it for yourself?

Michigan Ross MBA Structure and Curriculum

At Ross, the academic year is divided into two 14-week terms, i.e. Fall and Winter. Each of these two terms is further divided into two seven-week sessions.

Thus, as a result, students have Fall A, and Fall B terms followed by Winter A and Winter B. Many Ross classes are taught within the short 7-week timeframe; however, some courses may span the entire 14-week period.

First-Year Core Curriculum

The first-year core curriculum consists of nine courses plus the Multidisciplinary Action Project (MAP). The Multidisciplinary Action Project is the signature experiential learning opportunity provided to Ross students. It constitutes the entire final quarter of the first year, and no other classes are taken during this time.

Multidisciplinary Action Project

In the MAP, teams of 4-6 students work in conjunction with a faculty advisor for a corporation/non-profit or a startup to solve real-life business problems. Since the inception of the MAP, student teams have completed over 1900 assignments for more than 1300 sponsors in nearly 100 countries across the globe.

Electives and Courses at other Graduate School Programs

Besides the core courses, students are free to take the courses they want to fulfil the 57 credit requirements for graduation. Students can also take up to 10 hours of coursework outside of Ross at the University of Michigan’s numerous other graduate school programs.

These include the Ford School of Public Policy, the School of Natural resources and Environment, and the Taubman College of Architecture and Urban Planning. Moreover, second-year students can participate in independent study projects and classes at the Washington campus.

Michigan Ross School of Business Employment Report-2022

Consulting and Technology industry emerged as the largest employers of Ross graduates, with 42.2% and 17.3% of the class choosing careers in these industries, respectively. The median salary reported by students is over $165,000.

99% of the class had received offers of employment within thee months of graduation. The following are the detailed employment statistics by Industry and Function.

Employment by Industry

INDUSTRYPercentageMedian Salary Salary Range
Consulting42.2%$175,000$92,500-$185,000
Consumer Packaged Goods5.3%$120,000$85,000-$155,000
Energy3%$125,000$114,530-$146,000
Financial Services15.0%$175,000$120,000-$200,000
Healthcare6.3%$140,000$121,000-$197,000
Manufacturing3.7%$125,000$86,000-$160,000
Real Estate1.0%$130,000$120,000-$150,000
Retail2.0%$127,500$120,000-$130,000
Technology17.3%$136,000$115,000-$160,000
Other4.2%$141,000$87,000-$215,000

Employment by Function

FUNCTION%BASE SALARY MEDIANMEDIAN SIGNING BONUS
Business Development1.0%$145,000$20,000
Consulting44.2%$175,000$30,000
   Consulting - General11.6%$175,000$30,000
   Consulting - Human Capital1.3%$130,000$27,500
   Consulting - Internal1.0%$120,000$22,500
   Consulting - Management30.2%$175,000$30,000
Finance14.3%$175,000$50,000
   Finance - General  2.3%$135,000$25,000
   Finance - Investment Banking9.6%$175,000$50,000
   Finance - Private Equity/Venture Capital2.3%$150,000$10,000
General Management14.6%$132,600$25,000
Marketing/Sales14.0%$130,000$27,500
   Marketing/Sales - Brand/Product Management10.0%$127,000$30,000
   Marketing/Sales - General4.0%$141,000$25,000
Operations/Logistics9.0%$132,600$30,000
Other2.9%$125,000$25,000

Getting into a top MBA program like Michigan Ross requires a 700+ GMAT score, If you are planning to take the GMAT, we can help you by giving you access to quality online content to prepare.  We are the most reviewed GMAT prep company on GMAT Club with more than 2400 reviews. Why don’t you take a free trial and judge it for yourself?

Major Employers

  • McKinsey & Company
  • Amazon
  • Boston Consulting Group
  • Bain and Company
  • EY/ Parthenon
  • Deloitte
  • PwC Strategy&
  • Dell Technologies

Notable Alumni

Ross School of Business - Notable Alumni

Following are some notable alumni of the Ross School of Business:

  • Stephen M. Ross, Chairman of The Related Companies
  • Bharat Desai, Co-Founder, and Chairman of Syntel
  • Rob Pelinka, General Manager of the Los Angeles Lakers
  • Brad Keywell, CEO of Uptake
  • Bill Davidson, CEO of Guardian Industries
  • Rick Snyder, Former Governor of Michigan
  • Gary Hamel, Founder of Strategos
  • Jerry White, CEO of Global Impact Strategies and co-recipient of the Nobel Peace Prize

Other MBA Programs to consider

Stretch: Harvard, Stanford, Wharton, Chicago Booth

Match: Northwestern Kellogg, Duke Fuqua, MIT Sloan, Columbia

Safety: UNC Kenan-Flagler, Darden, NYU Stern

Getting into a top MBA program like Michigan Ross requires a 700+ GMAT score, If you are planning to take the GMAT, we can help you by giving you access to quality online content to prepare.  We are the most reviewed GMAT prep company on GMAT Club with more than 2500 reviews. Why don’t you take a free trial and judge it for yourself?

FAQs- Michigan Ross School of Business MBA

How long is MBA in Michigan Ross?

Michigan Ross MBA offers a two-year full-time MBA program. Starting Fall 2023, Michigan Ross has launched STEM Track for its full-time MBA.

How much is an MBA at Michigan Ross?

For the incoming MBA batch, 2024 is $73,196. However, there are other costs such as accommodation, deposit fees, etc. that you incur. Learn how to reduce your MBA cost here.

What GMAT score do I need for Michigan Ross?

You need at least a 700+ GMAT score for top business schools like Michigan Ross. The average GMAT score for Michigan Ross MBA incoming class of 24' is 720, with a GMAT range of 680-760 middle 80%).

Which are the top business schools in the USA?

Some of the top MBA programs in the USA are:
1. Stanford GSB
2. Harvard Business School
3. Kellogg School of Management
4. UC Berkeley
5. MIT Sloan
Planning to pursue an MBA in the USA? Here is a guide for MBA in the USA

About The Author