Ross School of Business – University of Michigan

FAQ

What is the tuition for Ross's MBA program?

The tuition for Ross’s MBA program is $68,196 for Michigan residents and $73,196 for non-residents per year. The total cost of the Ross MBA program is $94,780 for in-state students and $98,780 for those from out of state; 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 720.

What is the average GMAT score for admission to Ross's MBA program?

The average GMAT score for the incoming class at Ross is 720. The GMAT range is middle 80% 680 - 760.

Does the Ross MBA program accept the GRE?

Yes. The Ross MBA program has accepted the GRE for several years now.

What is the average GRE score for admission to Ross's MBA program?

The average GRE score for the incoming class at Ross is 160 for both Quant and Verbal.

What is the minimum number of years of work experience required for admission to Ross's MBA program?

Ross does not state a minimum requirement for years of work experience. However, it is important for candidates to be aware that they are being considered against other candidates with an average of 5.5 years of experience.

What is the average number of years of work experience for admission to Ross's MBA program?

The average number of years of work experience among students in Ross's MBA program is 5.5.

What is the average starting salary for graduates of the Ross MBA program?

The average starting salary for Ross MBA graduates is $153,465. The salary will vary by industry, with consulting and finance jobs generally commanding the higher salaries.

How long is Ross's full-time MBA program?

Ross offers a traditional 2 year MBA program.

What are the application deadlines for Ross's MBA program?

The Round 1 MBA application deadline is September 19, 2022. The Round 2 application deadline is January 9, 2023. The Round 3 deadline is April 3, 2023. The new Round 4 deadline is May 1, 2023.

What percent of Ross MBA students are women?

The percentage of the class at Ross that are women is 42%.

What type of interview does Ross use for MBA admissions?

Ross offers interviews by invitation. The interviews are resume-based. This means the interviewer has not had access to the application materials.

VIDEOS

Admissions

The Class Profile

The average GMAT score among the 380 students in the Ross Class of 2024 was 720, with 80% of the class scoring between 680 and 760. The average GRE was 160 in both Verbal and Quant.

The majority of the Class of 2024 came from quantitatively focused academic backgrounds; a full 38% of students have undergraduate degrees in business or economics, while 40% entered with a degree in STEM fields (science, engineering, mathematics, or technology) and 22% in the humanities. Students in the Class of 2024 entered the MBA program with an average of five and a half years of work experience. The class mostly comprises citizens of North America at 64%, with 36% international students from 39 countries. Women constitute 42% of the Class of 2024, and 23% of the class identify as a member of a minority ethnic group.

Application Procedures

Prospective students can apply to Ross in one of three rounds or “admissions periods.” In February 2023, the program added a Round 4 deadline of May 1. To be considered for admission to the MBA program, applicants must submit a current résumé, application form, essays, undergraduate and postgraduate transcripts, one letter of recommendation, and a non-refundable $200 application fee.  The admissions committee also requires that applicants submit GMAT or GRE scores and, if applicable, scores from the TOEFL, PTE or IELTS exams. Michigan Ross is offering candidates to the Full-Time MBA 2021-2022 application cycle the ability to request a waiver for the standardized test requirement. Candidates may apply to waive academic proficiency tests (GMAT, GRE) and English proficiency tests (TOEFL, IELTS, and PTE).

The school notes that participation in a “team exercise” held either on campus in Ann Arbor or at one of several international locations is highly recommended.  Interviews are required for admission to the program and are conducted on an invitation-only basis, typically by a member of the admissions staff or an alumnus.

Application Checklist

• Data Forms
• GMAT/GRE and TOEFL/PTE/IELTS Score(s)
• Résumé
• Application Fee
• Recommendation
• Academic transcripts
• Essays

Interview Reports

Michigan Ross MBA Interview Questions & Report: Round 2 / Alumnus / Zoom

The interviewer was a recent alum from an emerging market in my region, who was engaging and seemed interested in my background in tech and startups. (He is in a different industry.) The interview lasted about an hour, with the last 15 mins for me to ask him some questions about his experience at Ross. […]

Michigan Ross MBA Interview Questions & Report: Round 2 / Alumnus / Virtual

Interviewed online with an alum, local to my city. It was very easy going and friendly to talk to. 1. Why an MBA and why Ross? 2. Why now? 3. Tell me about a time you’ve received negative feedback. 4. Tell me about your experience working with someone different from you. 5. Tell me about […]

Michigan Ross MBA Interview Questions & Report: Round 2 / Alumnus / Virtual

It was a pretty short and standard questions interview. It lasted around 25 minutes and 5 minutes for questions to the interviewer at the end. Questions: 1. Tell me about yourself. 2. Why MBA? 3. How do you see Ross contributing to achieving these goals? (as I told him that the MBA would help me […]

Michigan Ross MBA Interview Questions & Report: Round 1 / Alumnus / Google Meet

My interviewer was friendly and it felt like a casual conversation as if I was networking with some employee. I am working as a software engineer for 3 years now and I plan to move into PM roles Post-MBA. 1. Tell me about yourself. 2. I mentioned about an application I worked on. He asked […]

Michigan Ross MBA Interview Questions & Report: Round 1 / Alumnus / Zoom

I interviewed in the first round for Michigan Ross on October 30, 2022. The interview took place over Zoom and was with a recent alumnus who was located in my current city and desired post-MBA career. The interview was very laid back and was a mixture of resume-based questions and then also behavioral with plenty […]

Michigan Ross MBA Interview Questions & Report: Round 1 / Alum / Zoom

Alum Resume based Asked a lot about why I wanted an MBA and what that looked like. Dual degree applicant questions and which field I was leaning more toward. It surprised me how much I was asked about the other degree I’m currently pursuing at Michigan.

Michigan Ross MBA Interview Questions & Report: Round 1 / Alumna / Zoom

This interview was conducted via Zoom during the last week of October 2022 for Round 1 admission. I was paired with a recent alumna and asked to reach out to her to schedule an interview. Make sure you are not using a free version of Zoom, for example, as I was cut off after 40 […]

Interview Report Round-Up: Chicago Booth, Michigan Ross, MIT Sloan, UNC Kenan-Flagler

Welcome to another edition of Interview Report Roundup in which we highlight the MBA admissions interview reports that applicants have shared recently to the Clear Admit Interview Archive. Over Zoom, a Round 1 applicant to UNC Kenan-Flagler reported the following questions from their adcom interviewer: A candidate for MIT Sloan shared their interview experience, which […]

Michigan Ross Interview Questions & Report: Round 1 / Alumnus / Virtual

Friendly format, interviewer had read my resume so he started off with questions: 1. Highlight two traits from your resume or personality that you want me to know. 2. Why did you switch to X company? 3. When did you face an ambiguous situation? 4. When have you dealt with a difficult teammate? (lots of […]

Michigan Ross Interview Questions & Report: Round 1 / Alumnus / Zoom

Interview was on Zoom with an alumnus based in Chicago working in tech and a former MBB consultant. The vibe was relaxed, although the interviewer was a little ranty, telling me why consulting work-life balance sucked and why he’s glad he got out. The first question was an icebreaker – what did you have for […]

Ross Q&As

Admissions Director Q&A: Taya Sapp of Michigan Ross

In this edition of our Admissions Director Q&A series, Taya Sapp, Senior Associate Director of Admissions at Michigan Ross, shares insights into admissions and more at the MBA program. Taya earned her undergraduate degree at the University of Michigan and then, seeking to return to her alma mater and Ann Arbor, joined the Ross full-time MBA […]

Admissions Director Q&A: Soojin Kwon of the University of Michigan Ross School of Business

We continue to deliver insights into MBA admissions with our Admissions Director Q&A series. This week, we are excited to welcome Soojin Kwon, Managing Director of Full-Time MBA Admissions and Program at Michigan Ross. Soojin has led MBA Admissions since 2006 and, since 2016, also oversees the MBA Program, which includes student experience and academic […]

Admissions Director Q&A: Soojin Kwon of the University of Michigan Ross School of Business

In this edition of our Admissions Director Q&A, learn all about the Stephen M. Ross School of Business at the University of Michigan.  Soojin Kwon is the Managing Director for Full-time MBA Admissions and Program and a lecturer of Business Communication at Michigan Ross. Soojin has led MBA Admissions since 2006 and, since 2016, also […]

Michigan / Ross LiveWire and DecisionWire

Academics

Faculty

There are approximately 150 full-time faculty members at Ross, with an additional 70 or so adjunct or visiting professors, whose classes span 9 areas as well as the undergraduate, master’s and Ph.D. programs. Ross’s professors also contribute to the school’s more than 20 research centers, institutes, and initiatives, which range in focus from entrepreneurship to tax policy research.

Curriculum

Professors at Ross teach using a mix of case studies, classroom discussion and lectures with an emphasis on experiential learning. This emphasis is particularly notable in the school’s Multidisciplinary Action Projects (MAP), in which teams of students spend a term completing consulting projects for real companies. Ross also offers a variety of courses, extracurricular opportunities and competitions for students looking for further practical experience. First-year students are typically divided into five sections of approximately 80 students each, and each section takes the same required first-year courses together.

The academic year for the full-time MBA program begins in early September and ends in late April. The first year is divided into four seven-week terms, with students taking three to four classes for the first three terms and concluding with MAP for the last term in late spring. Students at Ross may also pursue a term-long independent study project if they are in good academic standing. In the second year, students take elective courses that last either seven or 14 weeks. There are short breaks between the fall, winter and spring terms.

Ross requires each full-time student to complete 57 credits worth of classes in two years in order to graduate with an MBA degree. A total of approximately 30 of those credits are completed through the 10 core courses first-year students take. These courses span from accounting to marketing and many are eligible to be waived.  To waive core courses or other degree requirements, students may opt for an exam, demonstrate prior academic or professional experience in the material or cite a professional designation such as a CPA. Along with the core courses, students must also complete the required course “Competing in the Global Business Environment” and fulfill requirements in communication and business law by choosing from a list of eligible courses or securing a waiver. Ross students are required to complete at least 25 credits worth of electives, 10 of which can be graduate coursework in other University of Michigan departments. While Ross does not offer any majors, the school does break down its courses by department and offers career path guides to aid students in selecting elective courses. Students looking to gain further exposure to international business may also spend a semester studying abroad at one of Ross’s 21 exchange partner schools.

Other MBA Degree Options

In addition to its two-year full-time MBA program, Ross offers an online and weekend part-time MBA programs, a 21-month Executive MBA program, and a 15-month Global MBA in which students enroll in three different global leadership experiences. Ross has established more than 20 dual degrees with other University of Michigan – Ann Arbor departments in areas such as law, engineering, education and more regionally based studies. Students also have the option to create their own dual degree programs within the University.

Academic Departments at Ross

• Accounting
• Business Communication
• Business Economics and Public Policy
• Business Law
• Finance
• Management and Organizations
• Marketing
• Strategy
• Technology and Operations

Degree Offerings at Ross

Full-time MBA
https://michiganross.umich.edu/graduate/full-time-mba

Online/Weekend (Part-Time) MBA Program
https://michiganross.umich.edu/graduate/evening-mba

Global MBA Education
https://michiganross.umich.edu/graduate/global-mba

Weekend MBA
https://michiganross.umich.edu/graduate/weekend-mba

Executive MBA
https://michiganross.umich.edu/graduate/executive-mba

Campus Life

Clubs, Conferences & Competitions

Students at Ross contribute to an extensive range of clubs and other extracurricular activities. Currently, there are over 70 clubs open to full-time MBA students, covering professional, community, diversity and social interests. One popular club is the Community Consulting Club (CCC), through which undergraduate and graduate students perform nonprofit consulting projects for Southeastern Michigan organizations. Members of the CCC complete 10 to 15 projects per year, such as designing a growth strategy for the Ann Arbor Hospice or creating a base of corporate sponsors for Habitat for Humanity. Ross students may also participate in more traditional career-based clubs such as the Finance Club and the General Management Club or in more casual, socially oriented clubs like the Ice Hockey Club and Risky Business, the rock band at Ross. Ross’s clubs and research centers work to host a number of conferences each year on topics including business in Asia, and energy-efficient markets, among others.

In line with its emphasis on experiential learning, Ross students are offered multiple opportunities to compete in business-related competitions. For instance, the Crisis Challenge puts student teams in the position of senior executives facing a crisis scenario at a major company as they compete for a scholarship and other prizes. Meanwhile, the Ross Energy Club offers an annual renewable energy case competition each February in which teams of MBA students from top business schools travel to Ross to present solutions to cases written by the club.

Campus Spaces

The Ross School of Business building lies at the southern end of the University of Michigan’s central campus and encompasses most of the business school’s classrooms, faculty offices and informal meeting areas. The building also includes a large auditorium, a fitness center and a café, in addition to a reception hall and a full-service hotel. Meanwhile, the Davidson Winter Garden—a glass-enclosed lounge area—serves as a common meeting place for students, faculty and guests.

Both on- and off-campus housing is available to full-time MBA students. Munger Graduate Residencies are one of Michigan’s on-campus housing facilities for graduate students, students with families, and faculty, though demand for the apartments runs high. Off-campus, a majority of students rent apartments within a 15-minute walk of Ross.

MBA Careers

Career Services

The Office of Career Development (OCD) takes a two-pronged approach to assisting students’ career search efforts. The career counseling staff individually counsels students on their job searches and offers regular career workshops. Meanwhile, the recruiter relations staff oversees the on-campus interview process, job postings and recruiter events. The OCD provides students with a variety of means to meet recruiters, including networking hours, on-campus presentations and off-campus site visits. Interviewing for full-time positions begin in the middle of September, and interviewing for internships begins in early January.

Career Statistics

Ninety-nine percent of the Ross Class of 2022 seeking employment had received a job offer within three months of graduation. The mean base salary for a Ross graduate was $153,465 with a median signing bonus of $30,000.

The most popular industry for the Class of 2022 was consulting, as 42% of students entered that industry. Roughly 17% percent of the class entered the technology industry, while financial services accounted for 15% of the class and roughly 6% entered the healthcare field. Consumer packaged goods took in about five percent of graduates.

Following a common trend among business schools, the most popular place to accept employment was in the same region as the school: the Midwestern U.S. Thirty percent settled there while another 24.3% headed to the U.S. West and Northeast each. The Southwest was a distant fourth choice at nearly 8%. Just under two percent opted to work outside of the U.S.

Financing

Tuition for the 2022-2023 academic year was $68,196 for Michigan residents and $73,196 for non-residents. With the addition of textbooks, housing expenses and other personal expenditures, Ross estimates that the total cost of attending is $94,780 for in-state students and $98,780 for those from out of state.

To help finance their education, students are automatically considered for scholarships when they are granted admission, and no additional application is necessary. These scholarships are awarded based on academic, professional and personal accomplishments and potential value to the community, with awards ranging from $10,000 to full tuition. Ross also offers scholarships through the Tauber Institute for Global Operations and the Frederick A. and Barbara M. Erb Institute for Global Sustainable Enterprise. In addition, students are encouraged to apply for other scholarships offered by the University of Michigan, as well as private scholarships. Students seeking further financial support may apply for a federal loan through the Federal Direct Lending Program if they are U.S. citizens or permanent residents. International students may secure loans through private lenders, although the school notes that these loans will require a U.S. co-signer.

Cost of Attendance (per year)

Tuition

• MI State Resident $68,196
• Non-MI State Resident $73,196

Food & Housing $17,780
Books $1,788
Federal Loan Fees $224
Other/Personal (Healthcare) $6,626
Registration Fees $166

Total

• MI State Resident: $94,780
• Non-MI State Resident $99,780

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