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2021 Michigan Ross MBA Class Profile | 2019 Employment Reports & Salaries

Located in Ann Arbor in Michigan the Stephen M. Ross School of Business is ranked #10 in the latest U.S News Best Business School Ranking in a tie with the Duke Fuqua School of business. 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 and employment statistics of the Michigan Ross School of Business MBA program.

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

Here is a brief outline of the topics covered:

Michigan Ross School of Business: Key Statistics

2021 Michigan Ross MBA Class Profile

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

Average GMAT 719
Average Work Experience 5 Years
Class Size 421
Average GPA 3.5
%age of Women in Class 45%
%age of International Students 27%
Number of Countries Represented in Class 33
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 School of Business: Location and Environment

Ann Arbor in Michigan can be considered as 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.

Michigan Ross School of Business - MBA Program Highlights

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

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

Application Round Deadline Decision
Round 1 September 30, 2019 December 18, 2019
Round 2 January 6, 2020 March 18, 2020
Round 3 March 30, 2020 May 8, 2020

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

Michigan Ross MBA: Program 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.

Michigan Ross School of Business - MBA Program and Curriculum

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 fulfill 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 as well as classes at the Washington campus.

2021 Michigan Ross MBA Class Profile

2021 Michigan Ross MBA Program: Pre MBA Major

Pre-MBA Major_ Michigan Ross MBA Class of 2021

2021 Michigan Ross MBA Program: Pre-MBA Industry

Pre-MBA Industry_ Michigan Ross MBA Class of 2021

A majority of the 2021 MBA class at Michigan Ross come from consulting and finance backgrounds. The following table contains detailed information about the pre-MBA industry backgrounds of the 2021 Michigan Ross MBA class.

26% Consulting
16% Finance
11% Technology
8% Healthcare
9% Education/Non-Profit/Government
7% Consumer Goods/Retail
4% Military
4% Engineering/Manufacturing
3% Automotive/Transportation
12% Other

Michigan Ross School of Business: 2019 Employment Report

Consulting and Technology industry emerged as the largest employers of Ross graduates with 32% and 21.6% of the class choosing careers in these industries respectively. Median salary and signing bonus figures reported by students are over $129,000 and $25,000 bringing up total compensation to $154,000.

92% of the class had received at least one offer of employment at graduation. Within three months of graduation, this number further climbed to 97.2%. The following are the detailed employment statistics by Industry, Function, and Region.

Michigan Ross School of Business: Employment by Industry

2019 Michigan Ross MBA_ Employment by Industry

INDUSTRY Base Salary Signing Bonus
Percentage Median Mean Range Reported Median
Consulting 32.00% $150,000 $142,983 $72,000-$170,000 96.20% $25,000
Consumer Packaged Goods 8.00% $108,000 $111,920 $98,000-$135,000 96.00% $30,000
Financial Services 15.10% $150,000 $137,170 $100,000-$180,000 96.00% $47,500
Healthcare 3.60% $120,000 $121,700 $114,000-$135,000 100.00% $25,000
Manufacturing 8.90% $120,000 $117,143 $58,000-$150,000 93.10% $22,000
Retail 4.40% $115,000 $115,667 $100,000-$135,000 80.00% $25,000
Technology 21.60% $122,650 $121,215 $80,000-$154,000 85.30% $35,000
Other 6.40% $120,000 $112,933 $50,000-$140,000 60.00% $25,000

Michigan Ross School of Business: Employment by Function

2019 Michigan Ross MBA_ Employment by Function

Function Reported Median Mean Range %age Reporting Median
Consulting 34.90% $148,000 $142,162 $72,000-$170,000 95.60% $25,000
General Consulting 5.30% $145,000 $146,031 $125,000-$165,000 93.80% $25,000
Internal Consulting 1.80% $135,000 $131,600 $120,000-$148,000 100.00% $25,000
Operations/Process Management 2.40% $150,000 $151,786 $145,000-$165,000 85.70% $27,500
Strategy Consulting 25.40% $148,000 $141,262 $72,000-$170,000 96.50% $25,000
Finance 17.50% $135,000 $134,675 $100,000-$180,000 91.20% $47,750
Asset Management 1.20% $142,500 $148,750 $130,000-$180,000 75.00% $30,000
Corporate Finance 4.70% $115,000 $115,767 $100,000-$130,000 80.00% $30,000
General Finance 1.50% $125,000 $122,000 $110,000-$130,000 100.00% $40,000
Investment Banking 8.60% $150,000 $146,034 $110,000-$150,000 96.60% $50,000
Private Equity/Venture Capital 1.50% $127,500 $125,000 $110,000-$135,000 100.00% $12,065
General Management 13.30% $120,000 $121,053 $80,000-$150,000 100.00% $25,000
Human Resources 1.80% $108,000 $110,167 $105,000-$120,000 100.00% $30,000
Marketing/Sales 17.80% $115,000 $116,046 $50,000-$154,000 88.70% $30,000
Brand/Product Management 11.80% $115,000 $115,494 $98,000-$140,000 91.40% $30,000
General Marketing 3.00% $120,000 $122,778 $114,000-$140,000 88.90% $25,000
Sales 3.00% $118,000 $111,459 $50,000-$154,000 77.80% $20,000
Operations/Supply Chain Management 7.70% $120,000 $119,200 $85,000-$142,000 80.00% $30,000
Strategic Planning 4.10% $112,504 $110,272 $58,000-$130,000 83.30% $22,500
Other 2.90% $115,000 $111,852 $85,000-$134,000 37.50% $14,402

Michigan Ross School of Business: Employment by Location

Location Reported Median Mean Range Reported Median
Mid-Atlantic 3.60% $152,000 $144,333 $114,000-$165,000 100.00% $25,000
Midwest 34.60% $140,000 $133,931 $85,000-$170,000 94.60% $25,000
Chicago Metro 21.90% $145,000 $137,333 $95,000-$170,000 97.10% $25,000
Detroit Metro 8.60% $128,000 $131,460 $85,000-$165,000 85.20% $25,000
Northeast 18.00% $135,000 $133,842 $96,128-$180,000 83.30% $30,000
South 5.00% $122,500 $128,906 $100,000-$152,500 93.80% $25,000
Southwest 5.60% $116,500 $125,389 $105,000-$165,000 94.40% $25,000
West 23.10% $125,000 $127,329 $92,000-$165,000 92.20% $30,000
San Francisco Bay Area 8.90% $132,000 $131,000 $105,000-$165,000 90.00% $25,000
Seattle Metro 11.80% $125,000 $124,982 $108,000-$142,000 92.30% $50,000
Other 1.20% $120,000 $120,000 $120,000-$120,000 100.00% $22,500
International 10.10% $100,818 $102,586 $50,000-$130,000 85.20% $25,000
Asia 7.70% $110,000 $107,056 $50,000-$130,000 84.20% $20,000
South America 1.50% $90,000 $87,600 $72,000-$100,000 80.00% $45,000

Michigan Ross School of Business: Major Employers

Following are top 10 hiring companies of the class of 2018 at the Ross School of Business:

Michigan Ross School of Business - Top Employers

  • McKinsey & Company
  • Amazon
  • Boston Consulting Group
  • Google
  • Citibank
  • PepsiCo
  • Microsoft

 

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

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