Ross School of Business is part of a Public University known as University of Michigan located in Ann Arbor, Michigan, US. Informally known as Michigan Ross, this business school was founded on 1924. The average High School GPA requirements stands at 3.91. The minimum SAT score for the 2022 session was 1480. Ross School of Business received 8,680 applications out of which 860 were accepted. The acceptance rate of University of Michigan Ross is 9%. Ross School of Business is ranked at Number 8 in the category of Best Business Schools by US News and World Report. Average tuition fees of the various courses offered by Ross School of Business comes to be around $54,985 – $178,500 while the average placement package is $66,000 – $165,000.
- Why to Choose Ross School of Business
- Ross School of Business Rankings
- Ross School of Business Acceptance Rate
- Ross School of Business Courses and Fees
- Ross School of Business Application Process
5.1 Ross School of Business Application Deadline
5.2 Application Fee
5.3 Documents Required for Ross School of Business
5.4 Ross School of Business Entry Requirements
5.5 Ross School of Business Score Requirements - Ross School of Business Cost of Attendance
6.1 Undergraduate Cost of Living
6.2 Masters and MBA Cost of Living - Ross School of Business Extracurricular Activities
- Ross School of Business Diversity
- Ross School of Business Scholarships
- Ross School of Business Internships
- Ross School of Business Placement
- Ross School of Business Notable Alumni
- Ross School of Business vs Eli Broad College of Business vs Mercy School of Business vs Seidman Business School
- FAQs
Why to Choose Ross School of Business
Candidates flock to this School for multiple reasons and some of them are:
- 100% graduates in masters on management received job placements within 6 months
- 97 peer reviewed papers published in 2022-23
- Its 9 Graduate Business specializations are ranked in top 10 by US News and World Report Rankings, 2022
- Job offer rates for graduates of 2022 stands at 99.6%
- Mean base salary 2022 Master Of Supply Chain Management Graduates is USD 110K
Ross School of Business Rankings
Rankings of Ross School of Business according to various agencies are tabulated below:
|
Agency |
Ranking Category |
Rank |
|
QS |
International Trade Ranking 2023 |
29 |
|
Bloomberg |
Best B-Schools in US |
15 |
|
The Economist |
MBA Rankings Overall |
21 |
|
US News |
Best Business Schools |
8 |
Ross School of Business Acceptance Rate
The Ross School of Business has an acceptance rate of 9%. It is not among the US Universities with high acceptance rate. Ross School of Business enrolment data for the 2022 intake is given below:
- A total of 8,680 students applied for admission and approximately 860 applicants were admitted.
- The in-state yield rate is 91% and out of state yield rate is 51%.
- Its anticipated that incoming classes will be 47% female.
Ross School of Business Courses and Fees
The fee structure of the programs offered in Ross School of Business for International students is tabulated below:
|
Program |
Cost |
|
USD 54,985 (INR 44,94,517) |
|
|
USD 55,906 (INR 4569801) |
|
|
Master of Business Analytics |
USD 64,063 (INR 5236560) |
|
Master of Supply Chain Management |
USD 60,015 (INR 4905674) |
|
Bachelor of Business Administration |
Lower Division: USD 55,934 (INR 4572089) |
|
USD 178,500 (INR 1.4 crore) |
|
|
Global MBA |
USD 148,685 (INR 1.2 crore) |
|
Online MBA |
USD 131,000 (INR 1.07 crore) |
|
Weekend MBA |
USD 150,000 (INR 1.22 crore) |
|
Full time MBA |
USD 73,196 (INR 59,83,099) |
1 USD = INR 81.74, dated 25th July, 2023
Ross School of Business Application Process
The Application Process for admissions into Ross School of Business is explained below as a step-by-step process:
- Start the Common Application
- Select the University of Michigan First Year Admitting Unit and Preferred Admission for Stephen M. Ross School of Business
- Complete the essays – all four of them
- Complete Ross Admission Portfolio which includes Business Case Discussion and Artifact & Description.
- Finish the Common Application. Pay the Application Fee along with documents required.
Ross School of Business Application Deadline
The Application Dates for admissions in Ross School of Business Fall 2024 session for a first year Students are tabulated below:
|
Undergraduate Intake |
Application Deadline |
|
Early Action |
November 1 |
|
Regular Decision |
February 1 |
|
Graduate Intake |
Application Deadline |
|
MBA |
April 4, 2024 |
|
Master of Accounting |
March 31, 2023 |
|
February 17, 2023 |
|
|
Master of Management |
- |
|
Master of Supply Chain Management |
- |
|
December 1, 2023 |
Application Fee
The application fees for different programs at the Ross School of Business are:
|
Program |
Application Fee |
|
BBA |
USD 75 (INR 6,130) |
|
MBA |
USD 200 (INR 16,348) |
|
Master of Accounting |
USD 100 (INR 8,174) |
1 USD = INR 81.74, dated 25th July, 2023
Documents Required for Ross School of Business
The Documents required for getting admission in Ross School of Business as an International student are enlisted below:
- Official Transcripts of relevant academic achievement
- Standardized Test Scores (SAT and ACT)
- GMAT and GRE Scores
- English Language Proficiency (IELTS or TOEFL)
- Updated Resume
- Recommendations
- Essays
- Student Visa (Either F or J Visa)
Ross School of Business Entry Requirements
The Entry/Admission Requirements of Ross School of Business are as follows:
- Official Transcripts
- A SAT score of 1480
- An ACT score of 34
- Average GPA of 3.3 – 3.9
- English Language Proficiency Test Scores such as TOEFL iBT score of 100, IELTS score of 7.0, PTE score of 70.
- GMAT score in the range of 650 – 680 and GRE score in range of 158 – 160
Ross School of Business Score Requirements
There is no minimum score required for GMAT and GRE for MBA but if submitted it shall be considered. The score requirements of Michigan Ross are given in the table below:
|
Program |
GPA |
ELP Score Requirement |
StandardizedScore Requirement |
||
|
TOEFL |
IELTS |
GMAT |
GRE |
||
|
MBA (full time) |
3.5 |
100 |
7.0 |
720 |
|
|
MBA (part time) |
3.3 – 3.4 |
100 |
7.0 |
660 – 680 |
158 – 160 |
|
Master of Management |
3.6 |
100 |
7.0 |
650 |
160 |
|
Ph. D. |
106 |
7.0 |
Not required |
GRE Quantitative: 155 –170 |
|
|
Verbal: 156 – 170 |
|||||
|
Executive MBA |
N/A |
100 |
7.0 |
No minimum score required |
N/A |
Ross School of Business Cost of Attendance
The cost of studying in USA is high. The cost of attending Ross School of Business for undergraduate students in 2023-24 is tabulated below. There is a Mandatory Fees of $166.19 and an International Student Fees of $500 per term.
|
Graduate Expenses |
Cost |
|
Tuition |
Varies according to Program |
|
House & Board |
USD 22,030 (INR 18,00,749) |
|
Books |
USD 2,086 (INR 1,70,511) |
|
Personal Expenses |
USD 8,214 (INR 6,71,418) |
|
Loan Fees |
USD 280 (INR 22,887) |
1 USD = INR 81.74, dated 25th July, 2023
Undergraduate Cost of Living
The cost of undergraduate and graduate are different. The details of undergraduate cost of living are:
|
Expenses Type |
Cost |
|
House & Board |
USD 13,170 (INR 10,76,526) |
|
Books |
USD 1,092 (INR 89,260) |
|
Personal expenses (Health Insurance included) |
USD 2,494 (INR 2,03,861) |
|
Loan Fees |
USD 64 (INR 5,231) |
1 USD = INR 81.74, dated 25th July, 2023
Masters and MBA Cost of Living
The cost of living for MBA and master’s degree is more than undergraduate degrees. The details are:
|
Expenses Type |
Cost |
|
House & Board |
$17,780 (INR 14,53,351) |
|
Personal Expenses |
$6,626 (INR 5,41,614) |
|
Books |
$1,788 (INR 1,46,152) |
|
Loan Fees |
$224 (INR 18,309) |
1 USD = INR 81.74, dated 25th July, 2023
Ross School of Business Extracurricular Activities
Ross School of Business has a campus of 179,000 square foot, its extracurricular opportunities include:
- The Davidson Winter Garden
- Seigle Café
- Starbucks
- Och Fitness Centre
- Executive Learning & Conference Center
- Tozzi Center
- Behavioral Lab
- Kesrge Library
Ross School of Business Diversity
The Diversity data of Ross School of Business is as follows:
- 47% female representation is anticipated in 2022.
- Students with racially minoritized identities represent 17% of the student body
The table given below contains gender and ethnic diversity of BBA Class of 2022:
|
Gender and Ethnic Diversity |
Percentage |
|
Women |
47% |
|
International |
4% |
|
Asian |
32% |
|
Black/African American |
6% |
|
Hispanic/Latinx |
12% |
|
White |
37% |
Ross School of Business Scholarships
International students will have to submit proof of enough financial resources to afford studying at University of Michigan. There are various types of financial aid and scholarships. These include:
Merit-Based Scholarships:
- Dean’s Impact Scholars
- Dean's Fellows
- McGowan Fellowships
Focused Scholarship Opportunities:
- Health Innovation Scholars Program - Healthcare
- Forte MBA Fellowship - Gender Equity
- Yellow Ribbon Program - Military
- Romba LGBT+ Fellowship - LGBT+
Ross School of Business Internships
Ross School of Business has a robust Internship programme. Michigan Ross also provides Global Internship Opportunities and job opportunities after MS in USA. The major recruiters include
- Citi
- Deloitte
- Morgan Stanley
- Amazon
- Bain & Company
- BCG
Ross School of Business Placement
Ross School of Business runs a campus recruitment programme with excellent placement rates and salaries. There are multiple jobs in USA that candidates can opt for. The major employers and their base salaries according to program are tabulated below:
|
Program |
Median Base Salary |
Major Recruiters |
|
BBA |
$90,000 (INR 73,56,672) |
Citi, Deloitte, Morgan Stanley |
|
MBA |
$165,000 (INR 1,34,87,232) |
Amazon, Bain & Company, BCG |
|
Master of Accounting |
$66,000 (INR 53,94,892) |
KPMG, Ernst & Young |
|
Master of Management |
$75,000 (INR 61,30,560) |
General Motors, Accenture |
|
Master of Supply Chain Management |
$110,00 (INR 8,99,148) |
Micron, Lucio |
1 USD = INR 81.74, dated 25th July, 2023
Ross School of Business Notable Alumni
The Notable alumni from this Ross School of Business are tabulated below:
|
Alumni |
Famous for |
|
Juan Alcacer |
Professor of Business Administration at Harvard Business School |
|
Gautam Ahuja |
Professor of Management at Cornell University |
|
Amirah Aziz |
Go to Market Consultant at EY Digital |
|
Deb Degilio |
President – American Water Enterprises |
|
Diana Jue-RajaSingh |
Co-Founder, Essmart |
Ross School of Business vs Eli Broad College of Business vs Mercy School of Business vs Seidman Business School
A quick comparison among the institutions is tabulated below:
|
Particulars |
Michigan Ross |
Eli Broad College of Business |
Mercy School of Business |
Seidman Business School |
|
Ranking (US News) |
8 |
33 |
86 |
Unranked |
|
Programs |
MBA, BBA, Master of Management etc. |
MBA, Business Analytics, Accounting, Finance etc. |
MBA, Accounting, Business Analytics, Marketing, Finance etc. |
MBA, Accounting, Economics, Finance, Marketing, Management etc. |
|
Acceptance Rate |
9% |
40 – 55% |
79% |
|
|
Accepted Exam Scores |
IELTS: 7.0 |
IELTS: 7.0 |
IELTS: 6-6.5 |
TOEFL: 80 |
|
Tuition Cost |
$54,985 – |
$54,616 |
$994/credit |
$834/credit hour |
|
Placement (Average Package) |
$66,000 – $165,000 |
$120,916 |
N/A |
N/A |
Ross School of Business is a premier institution known for its Full time, Part time, Online, Global, Executive and Weekend MBA Programmes. The Institute is dedicated to its cause of Diversity, Equality, and Inclusion with a vibrant student body. Michigan Ross has an Art Collection with over 250 works. Almost 100% of Master of Accounting and Management Class received job offers within six months of graduation.
FAQs
Ques. What is average salary for Ross MBA?
Ans. An MBA graduate from Michigan Ross receives as average salary of $165,000.
Ques. What is GMAT score required for MBA at Michigan Ross?
Ans. GMAT score required for MBA admissions at Michigan Ross is around 720.
Ques. What is Michigan Ross ranked in MBA?
Ans. According to US News and Report Rankings, Michigan Ross is ranked at number 7 in part time MBA category.
Ques. What are some of the flagship courses offered by Michigan Ross?
Ans. Michigan Ross is mostly known for its MBA program.
Ques. What is the average salary at Michigan Ross?
Ans. The Average Salary at Michigan Ross ranges between $66,000 – $165,000.
Ques. How much does MBA at Michigan Ross cost in tuitions?
Ans. There are several types of MBA at Michigan and the costs are Executive MBA - $178,500, Global MBA - $148,685, Online MBA - $131,000, Weekend MBA - $150,000, Full time MBA - $73,196.
Ques. What are the main advantages of studying at Michigan Ross?
Ans. One must enrol at Michigan Ross because of Dual Enrolment, Great Tech and Entrepreneurial ecosystem
Ques. Who are some of the biggest recruiters at Michigan Ross?
Ans. Amazon, McKinsey, Bain & Company, BCG, Microsoft, Walmart etc. Michigan Ross does better with Tech recruiters.
Ques. Why does Ross School of Business not have undergraduate classes on Fridays?
Ans. There are no classes on Fridays because that day is reserved for recruiter visits.
Ques. Is Ross School of Business a public or Private University?
Ans. Michigan Ross is part of University of Michigan which is a public university.
.jpeg?tr=h-40,w-40,c-force)
