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 Ross School of Business MBA program. If the Ross school of business is one of your target programs, read this article to learn more about the following at the Ross School of Business.
Here is a brief outline of the topics covered:
- Michigan Ross School of Business: Key Statistics
- Campus Location and Environment
- Application Deadlines
- Michigan Ross MBA Program: Structure and Curriculum
- Michigan Ross MBA Program: Class Profile
- Michigan Ross School of Business: Employment Reports
- Michigan Ross School of Business: Major Employers
- Michigan Ross School of Business: Notable Alumni
- Other MBA Programs to Consider
Michigan Ross School of Business: Key Statistics
Following are some of the key statistics of the MBA Program at Michigan Ross School of Business:
|Average Work Experience||5 Years|
|%age of Women in Class||43%|
|%age of International Students||32%|
|Number of Countries Represented in Class||40|
|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.
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:
|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.
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 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.
Incoming Class Profile of the MBA Program at Ross School of Business
Following is a snapshot of the incoming class profile at the Ross School of Business:
Michigan Ross School of Business: Employment Report
Consulting and Technology industry emerged as the largest employers of Ross graduates with 30.1% and 27.1% of the class choosing careers in these industries respectively. Median salary and signing bonus figures reported by students are over $110,000 and $25,000 bringing up total compensation to $135,000. 91% of the class had received at least one offer of employment at graduation. Within three months of graduation, this number further climbed to 93.8%. Following are the detailed employment statistics by Industry, Function, and Region.
Michigan Ross School of Business: Employment by Industry
|Industry||Percentage||Median Base Salary (in US $)||Mean Base Salary (in US $)||Salary Range (in US $)||Median Signing Bonus (in US $)|
|Consulting||30.10%||147,000||136,677||70,000 – 170,000||25,000|
|Consumer Packaged Goods||6.30%||110,000||110,211||100,000 – 120,000||35,000|
|Financial Services||15.70%||125,000||125,563||70,000 – 243,000||40,000|
|Healthcare||6.60%||120,000||118,115||82,300 – 140,000||20,000|
|Manufacturing||7.50%||115,008||119,334||100,000 – 140,097||22,000|
|Retail||1.50%||110,000||113,000||105,000 – 130,000||15,000|
|Technology||27.10%||130,000||125,124||73,000 – 158,000||40,000|
|Other||5.10%||115,000||117,536||95,000 – 180,000||25,000|
Michigan Ross School of Business: Employment by Function
|Function||Percentage||Median Base Salary (in US $)||Mean Base Salary (in US $)||Salary Range (in US $)||Median Signing Bonus (in US $)|
|Consulting||33.10%||145,000||135,754||70,000 – 170,000||25,000|
|Internal Consulting||3.30%||118,000||118,871||108,585 – 140,000||20,000|
|IT/Systems Consulting||1.80%||135,000||128,000||90,000 – 147000||25,000|
|Operations/Process Management||2.40%||135,000||136,973||100.780 – 152,500||25,000|
|Strategy Consulting||25.60%||147,000||138,501||70,000 – 170,000||25,000|
|General Management||12.00%||125,000||121,677||80,000 – 140,097||28,000|
|Financial Services||16.90%||125,000||126,120||80,000 – 243,000||42,500|
|Corporate Finance||5.70%||115,000||116,882||80,000 – 158,000||30,000|
|General Finance||2.70%||128,000||149,833||125,000 – 243,000||35,000|
|Investment banking||8.40%||125,000||126,667||120,000 – 150,000||48,750|
|Human Resources||2.10%||110,250||112,000||105,000 – 125,000||20,000|
|Marketing/Sales||22.60%||120,000||119,829||73,000 – 155,000||30,000|
|Brand/Product Management||15.10%||120,000||120,980||73,000 – 155,000||35,000|
|General Marketing||7.50%||118,500||117,480||100,000 – 148,000||25,000|
|Operations/Supply Chain Management||7.80%||130,000||124,625||105,000 – 135,000||40,000|
|Strategic Planning||3.30%||117,500||113,580||70,000 – 145,000||25,700|
|Other||2.10%||110,000||121,250||85,000 – 180,000||30,000|
Michigan Ross School of Business: Employment by Location
|Location||Percentage||Median Base Salary (in US $)||Mean Base Salary (in US $)||Salary Range (in US $)||Median Signing Bonus (in US $)|
|Mid-Atlantic||2.40%||143,500||138,500||110,000 – 152,000||25,000|
|Midwest||33.70%||126,750||131,005||80,000 – 243,000||25,000|
|Northeast||16.60%||125,000||125,396||100,000 – 180,000||30,000|
|South||4.80%||130,000||125,467||85,000 – 152,000||30,000|
|Southwest||4.50%||120,000||120,100||100,000 – 152,000||22,500|
|West||28.90%||130,000||129,511||105,000 – 158,000||40,000|
|International||9.00%||107,000||101,625||70,000 – 130,000||30,000|
Michigan Ross School of Business: Major Employers
Following are top 10 hiring companies of the class of 2018 at the Ross School of Business:
|Company||Number of Hires|
|McKinsey & Co.||17|
|Bain & Co.||9|
|Boston Consulting Group||11|
Michigan 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