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 STEM track starting Fall 2020. 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 2022 and the employment statistics of the Michigan Ross School of Business MBA program.
Introduce Yourself to Michigan Ross Name
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What is the tuition for Ross’s MBA program?
The tuition for Ross’s MBA program is $67,114 for Michigan residents and $72,114 for non-Michigan residents per year. The total cost of the Ross MBA program is $92,399 for in-state students and $97,399 for non-Michigan residents; this includes budgeted living expenses.
How hard is it to get into Ross’s MBA program?
The acceptance rate for Ross is 20% It is important to consider the acceptance rate in the context of the student profile of those who are admitted. For example the average GMAT score is 722.
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Your business school experience should inspire you, challenge you, and prepare you for a lifetime of success. Get the information you need to determine if Michigan Ross is right for you and submit a competitive application.
All applications are due by 11:59 pm ET on the date listed.
Standardized Test Waiver: In response to hardships caused by the pandemic, candidates applying in the Full-Time MBA 2021-2022 application cycle may request a waiver of standardized test requirements.
What You Need to Know:
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Yes, an MBA is a major investment of time and money, and the decision to pursue one should be weighed carefully. Asking yourself the right questions will help you determine if an MBA is right for you.
For prospective MBA students, July is a perfect month to start mapping out their admissions journey. One of the most common questions candidates ask is: In which round should I apply? Here is our advice.
Learn how to make your own comparison spreadsheet to help determine which B-school fits you best.
University of Michigan Ross GMAT Score Trends
It always helps to look at the trend-report of the average GMAT scores at any B-school to get an initial overview.
The average GMAT score at the University of Michigan Ross is 720. The middle 80% GMAT score range at Michigan Ross is 680 – 760.
Here is a 5-year report of the average scores of the incoming classes at Michigan Ross from the year 2014 to 2018.
| Year | 2018 | 2017 | 2016 | 2015 | 2014 |
| Michigan Ross Average GMAT Score | 720 | 716 | 708 | 708 | 702 |
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From 702 in 2014 to 720 in 2018, Michigan Ross has witnessed a noteworthy rise in the average GMAT scores of its incoming class. This upward trend tells us that the average scores of incoming batches can rise even further in the coming years
The process suggests adding 20 points to the average GMAT score of the latest batch. According to this, a good score for Michigan Ross would be 740 or more.
However, since the above method is a high-level of approximation, we will want to look at some more data to verify our approximation and to get some new interesting data points which can help answer our question “what is a good GMAT score for Michigan Ross?”
We will answer this question by looking at the GMAT scores of actual students who were invited for an interview and candidates who finally made it to Michigan Ross.
Michigan Ross School of Business MBA
Following are some of the key statistics of the MBA Program at Michigan Ross School of Business:
| Average GMAT | 710 |
| Average Work Experience | 5.3 Years |
| Class Size | 358 |
| Average GPA | 3.5 |
| %age of Women in Class | 43% |
| %age of International Students | 18% |
| Number of Countries Represented in Class | 28 |
| GMAT Range (Middle 80%) | 660-750 |
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.
Michigan Ross MBA Class Profile 2022
Michigan Ross MBA Program: Pre MBA Major
Following are the Pre-MBA major of Michigan Ross MBA Class 2022:
| Pre-MBA Major | Percentage |
| Business | 42% |
| STEM | 35% |
| Humanities | 23% |
Michigan Ross MBA Program: Pre-MBA Industry
A majority of the MBA class 2022 at Michigan Ross comes from consulting(23%) and finance(13%) backgrounds. The following table contains detailed information about the pre-MBA industry backgrounds of the 2022 Michigan Ross MBA class.
| 22% | Consulting |
| 13% | Finance |
| 10% | Technology |
| 9% | Healthcare |
| 7% | Education/Non-Profit/Government |
| 4% | Consumer Goods/Retail |
| 7% | Military |
| 3% | Engineering/Manufacturing |
| 4% | Automotive/Transportation |
| 18% | Other |
Michigan Ross MBA Campus Location
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 2021
Following are the application deadlines to the Michigan Ross School of Business:
| Application Round | Deadline | Decision |
| Round 1 | September 14, 2020 | December 04, 2020 |
| Round 2 | January 04, 2021 | March 17, 2021 |
| Round 3 | March 29, 2021 | May 5, 2021 |
| Round 4 | June 01, 2021 | June 25, 2021 |
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 2021 intake and What is a good GMAT score for Michigan Ross?
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 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.
Michigan Ross School of Business Employment Report
Consulting and Technology industry emerged as the largest employers of Ross graduates with 35.7% and 24.5% of the class choosing careers in these industries respectively. The median salary and signing bonus figures reported by students are over $135,000 and $30,000 bringing up total compensation to $165,000.
83.1% of the class had received offers of employment at graduation. Within three months of graduation, this number further climbed to 90.3%. The following are the detailed employment statistics by Industry, Function, and Region.
Employment by Industry
| INDUSTRY | Percentage | Median Salary | Salary Range |
| Consulting | 22.1% | $150,000 | $33,600-$180,000 |
| Consumer Packaged Goods | 8.7% | $88,800 | $48,000-$96,000 |
| Financial Services | 16.2% | $138,456 | $30,720-$150,024 |
| Healthcare | 9% | $85,404 | $31,200-$120,000 |
| Manufacturing | 6.4% | $93,204 | $21,300-$184,500 |
| Media/Entertainment | 2.3% | $72,960 | $48,000-$114,396 |
| Non-Profit | 1.5% | $54,804 | $38,400-$60,000 |
| Retail | 2.3% | $84,000 | $18,696-$111,360 |
| Technology | 23.4% | $97,356 | $30,000-$147,096 |
| Other | 6.6% | $76,8000 | $28,800-$192,400 |
| Energy | 1.5% | $67,200 | $30,000-$76,956 |
Employment by Function
| Function | Reported | Median Salary | Salary Range |
| Consulting | 38.8% | $134,400 | $21,300-$184,500 |
| General Consulting | 19.5% | $147,624 | $29,604-$165,000 |
| Internal Consulting | 11.8% | $75,456 | $38,400-$184,500 |
| Operations/Process Management | 1.5% | $83,196 | $21,300-$180,000 |
| Management Consulting | 5.9% | $120,000 | $62,400-$165,000 |
| Finance | 15.4% | $144,000 | $30,720-$150,024 |
| Corporate Finance | 1.5% | $101,916 | $88,800-$116,004 |
| General Finance | 1.8% | $96,000 | $67,200-$124,992 |
| Investment Banking | 8.2% | $150,000 | $75,000-$150,024 |
| Private Equity/Venture Capital | 3.9% | $58,800 | $30,720-$96,000 |
| General Management | 5.7% | $103,800 | $31,200-$132,000 |
| Human Resources | 2.6% | $87,000 | $30,000-$125,004 |
| Marketing/Sales | 22.4% | $91,392 | $18,696-$147,096 |
| Brand/Product Management | 17% | $91,392 | $18,696-$147,096 |
| General Marketing | 3.1% | $96,000 | $30,000-$111,360 |
| Sales | 1% | $87,000 | $48,000-$88,620 |
| Operations/Supply Chain Management | 10.3% | $97,500 | $36,000-$120,000 |
| Other | 4.8% | $60,000 | $31,200-$192,396 |
Employment by Location
| Location | Reported | Median | Range |
| Mid-Atlantic | 2.6% | $156,000 | $32,400-$165,000 |
| Midwest | 38.5% | $102,000 | $21,300-$184,500 |
| Northeast | 18.8% | $156,000 | $32,400-$165,000 |
| South | 3.1% | $110,496 | $57,600-$165,000 |
| Southwest | 4.9% | $83,196 | $51,996-$192,396 |
| West | 28.3% | $99,780 | $18,696-$165,000 |
| International | 3.8% | $77,840 | $43,200-$138,000 |
Major Employers
Notable Alumni
Following are some notable alumni of the Ross School of Business:
Other MBA Programs to consider
Michigan Ross MBA offers a two-year full-time MBA program. Starting Fall 2020, Michigan Ross has launched STEM Track for its full-time MBA.
For the incoming MBA batch, 2020-2021 is $66,048. 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 22 is 710, with a GMAT range of 660-750.
Some of the top MBA programs in 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 USA? Here is a guide for MBA in USA