Stephen M. Ross School of Business – University of Michigan - Full-Time MBA
Michigan Ross Full-Time MBA Program Structure
The top-ranked, AACSB-accredited full-time MBA program at the University of Michigan Stephen M. Ross School of Business is a 57-credit program that gives students the full-benefit of Michigan’s extensive academic network. Students in the program can complete 10 credits worth of courses in any of the school’s 97 adjacent programs. Like most traditional two-year, full-time MBA programs, the first year of the Ross full-time MBA features most of the core courses, with the second year devoted to electives.
At the end of the first year, students in the program complete the Multidisciplinary Action Projects (MAP) course, a seven-week program that allows students to work side-by-side with a sponsor company, leading directly to an internship (taken by 100 percent of students). There are over 100 MAP projects, ranging from a myriad of specialties, from real estate to technology to supply chain management.
After the first year, students begin taking their chosen electives. Students have the option to complete their degree required extra courses: Competing in the Global Business Environment or at least one of the following approved Business Law courses. Second year MBA students can also complete the Living Business Leadership Experience (LBLE), which offers a unique, hands-on experience of working alongside students and a company in a real-world setting.
The litany of University of Michigan colleges allows students many customizable dual degree options and focus concentrations, of which include: the Fast Track in Finance (FTF); a Data and Business Analytics Concentration; a Real Estate Development Certificate; STEM-designated specialization in management science and more.
Full-Time MBA Rankings
• U.S. News & World Report: 12
• Bloomberg: 17
• Forbes: 10
• Financial Times: 21
• The Economist: 21
The Michigan Ross full-time MBA Class of 2022 features 358 students. About 43 percent of the class are female students, 18 percent are international, and 36 percent are U.S. minority students.
The average GMAT of the class is 710, the undergraduate GPA is 3.5, and the average work experience prior to enrollment was 5.3 years.
About 88 percent of the most recent Michigan Ross full-time MBA class accepted job offers within three months of graduation. The mean base salary of recent graduates is $136,679 and the median signing bonus is $30,000.
Most Ross full-time MBA grads earned roles in the consulting industry (35.7 percent), followed by technology (24.5 percent), and financial services (11.9 percent).
Tuition, Scholarships, and Financial Aid
Tuition for the Michigan Ross full-time MBA program costs $66,048 for Michigan residents per year, and $71,048 for non-Michigan residents.
Additional Michigan Ross Full-Time MBA Costs (Per Year)
|Other Annual Expenses||Cost|
|Books, Course Packs, and Supplies||$1,716|
|Food and Housing||$15,570|
|Personal Expenses (including health care insurance||$6,352|
All students are automatically considered for scholarship consideration, which can range anywhere from $10,000 to the entire tuition value. Assistantships, which are considered separate from the application process, can also help facilitate funding.
U.S. students are eligible for Direct Unsubsidized Loans and Federal Direct Grad PLUS Loans, as well as private loan opportunities. Funding options for international applicants can be found here. U.S. armed services members and veterans may also be eligible for the Chapter 33/Post-9/11 GI Bill Program, which helps fund tuition payments.
Contact the Ross School of Business financial aid office for more information here.
In order to apply to the Michigan Ross full-time MBA program, applicants must submit:
• A completed online application
• Official transcripts
• One professional recommendation
• GMAT/GRE scores
• Three short-answer prompts and a career goals essay (300 words), plus an optional statement
• A resume
• TOEFL scores (if necessary)
• $200 application fee
Applicants may be asked to interview prior to acceptance.
Application deadlines are as follows:
Application Deadline: September 20th, 2021
Decision Deadline: December 8th, 2021
Application Deadline: January 10th, 2022
Decision Deadline: March 18th, 2022
Application Deadline: April 4th, 2022
Decision Deadline: May 11th, 2022
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