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 MBA
- Michigan Ross MBA Class Profile 2024
- Michigan Ross MBA Campus Location
- Michigan Ross School of Business Application Deadlines 2022-23
- Michigan Ross MBA Structure and Curriculum
- Michigan Ross School of Business Employment Report-2022
- Notable Alumni
- Other MBA Programs to consider
- FAQs- Michigan Ross School of Business MBA
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 Work Experience||5.6 Years|
|%age of Women in Class||42%|
|%age of International Students||36%|
|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:
|5-Year Trend for Michigan Ross MBA Class Profile|
|S.No||Michigan Ross School of Business||2020||2021||2022||2023||2024|
|4||Work Experience (Average)||5.4 years||5 years||5.6 years|
|5||Tuition Cost (per year/Single student)*||$73,750||$73,750|
|6||% of students reported jobs received after 90 days||90.3%||97.5%||99%|
|7||Median Base Salary||$135,000||$144,000||$165,000|
|8||Median 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:
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:
|Round 1||September 19, 2022||December 09, 2022|
|Round 2||January 09, 2023||March 17, 2023|
|Round 3||April 03, 2023||May 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
|INDUSTRY||Percentage||Median Salary||Salary Range|
|Consumer Packaged Goods||5.3%||$120,000||$85,000-$155,000|
Employment by Function
|FUNCTION||%||BASE SALARY MEDIAN||MEDIAN SIGNING BONUS|
|Consulting - General||11.6%||$175,000||$30,000|
|Consulting - Human Capital||1.3%||$130,000||$27,500|
|Consulting - Internal||1.0%||$120,000||$22,500|
|Consulting - Management||30.2%||$175,000||$30,000|
|Finance - General||2.3%||$135,000||$25,000|
|Finance - Investment Banking||9.6%||$175,000||$50,000|
|Finance - Private Equity/Venture Capital||2.3%||$150,000||$10,000|
|Marketing/Sales - Brand/Product Management||10.0%||$127,000||$30,000|
|Marketing/Sales - General||4.0%||$141,000||$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?
- McKinsey & Company
- Boston Consulting Group
- Bain and Company
- EY/ Parthenon
- PwC Strategy&
- Dell Technologies
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
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
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.
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.
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%).
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