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Master of Business Administration [M.B.A]
₹30.3 L/Yr
Offered By:
University of Michigan MBA program (full-time) ranks #10 in Best Business Schools. UMich Ann Arbor’s MBA requires 57 credit hours- 30 core credits and 27 elective credit hours.
- Application Deadline: Ross School of Business is currently accepting applications for MBA for Fall 2023 entry. Round 1 application deadline is on September 19, 2022, and round 2 is on January 8, 2023. April 3, 2023, is the final application deadline.
- Class Profile: 398 students were accepted for the MBA class of 2023. Out of this 28% are international students. Class of 2023 demonstrated an average work experience of 5 years. Students also submitted an average undergraduate GPA of 3.53 and an average GMAT score of 722.
- Cost: University of Michigan full-time MBA program fees is $72,114 per year. Students also pay $500 per term as an international student services fee.
- Placements: Top companies that hired Michigan Ross MBA graduates include PwC Strategy, Google Inc., Dell Technologies, McKinsey and Company, PepsiCo Inc, and Microsoft. The average salary offered to Ross MBA Graduates was within $110,00 - $160,000.
Course Curriculum
- The full-time MBA program at Michigan Ross School of Business is offered for a duration of two years. The program allows students to focus on a specific functional area of business management. They can also customize their program as per their career goals by combining more than one subject
- Year 1 of the Ross MBA program incorporates a broad-based business core curriculum and concludes with a seven-week Multidisciplinary Action Project – or MAP.
- In the Year 2, students have the freedom to customize their MBA program by selecting from a wide range of elective coursework.
Ross School of Business offers short-term global experiences in the form of company visits, cultural activities, international projects and/or interactive lectures with business scholars. Students who take part in these programs will be able to gain an in-depth understanding of an international business topic.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹3033608 (USD 36598) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Room and Board | ₹1408964 |
| Personal Expenses | ₹526352 |
| Total Cost | ₹2038265 |
| Health Insurance | ₹102949 |
International students are required to pay $72,114 as tuition fee for the full-time MBA program at Michigan Ross. In addition to this, overseas candidates also need to pay the mandatory fees and international student services fees.
International students on F-1, F-2, J-1, J-2, and G series visas are not eligible for federal student aid.
Check: MBA scholarships in USA Collegedunia
Eligibility & Entry Requirement
Candidates must meet the below-mentioned criteria before applying for admission at University of Michigan:
Academic Requirements
- 4-year American Bachelor’s degree or international equivalent
- Average GPA score over 3.5 in a 4.0 scale (90%)
English Language Requirements:
Candidates planning to pursue MBA in the USA must demonstrate their proficiency in English language.
- Toefl Score: 100
- IELTS Score: 7
- PTE Score: 70
Essays:
- Part 1: Short answer question prompts (100 words or less)
- Part 2: Pick one thing from your resume and tell us more (100 words)
- Part 3: What is your short-term goal? (25 words) and Why is this the right short-term career goal for you? (150 words)
Work Experience:
Candidates applying for MBA at Ross Business School should hold a minimum of 2 years of work experience. On average, Ross students demonstrate 5 years of work experience
Interview:
Selected candidates may be invited for an interview conducted by a Ross Alum.
Scores Required
GMAT Score:
- Ideally, students must submit a GMAT score over 720
- Equivalent GRE scores are also accepted
Required Document List
Following documents are required for admission to full-time MBA at Michigan Ross -
- Academic transcripts
- Degree certificates
- Updated resume
- Standardized test score results (GMAT/GRE)
- 4 Essays
- 1 professional letter of recommendation
- English Language Proficiency tests (TOEFL)
- 200 USD for application fee
Course Guides
Executive MBA in USA: Top Universities, Admissions, Fees, Scope
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
Masters in Management in USA: Fees 2023, Top Colleges, Placements & Salaries
MBA in Finance in USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
MBA in USA Colleges, Fees, Scholarships, Salary
MBA in USA without GMAT: Top Universities, Admission Requirements, Deadlines, FAQs
Career and Placement after Course
At Michigan Ross, 98% of graduates received job offers within 3 months of graduation. Top hiring companies for UMich MBA Graduates include Amazon, McKinsey & Co., Boston Consulting Group, EY/Parthenon, Deloitte, etc.
Out of this, 60% of students opted for jobs in consulting or tech. Around 80.1% of students got job offers through on-campus/school facilitated networking or recruitment sessions. The median base salary as per function offered to the Class of 2021 MBA graduates are as follows:
| Function | Base Salary |
|---|---|
| Consulting | $160,000 |
| Finance | $150,000 |
| General Management | $130,000 |
| Human Resource | $120,000 |
| Marketing/Sales | $130,000 |
| Operations/Logistics | $136,744 |
Check: MBA jobs in USA
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student₹ 82,890/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Aga khan Foundation Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student₹ 1.7 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| QS Leadership Scholarship | Scholarship per student₹ 8.3 L/Yr$10,000 | Level Of StudyMaster | TypeMerit-Based | |
| Chuan Ai Lu Engstrom Memorial Scholarship | Scholarship per student₹ 82,890/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| KC Mahindra Scholarship | Scholarship per student₹ 4.6 L/Yr$5,542 | Level Of StudyMaster | TypeMerit-Based |
Programs Comparison
| ranking | # 8 for Business by US News 2024 # 23 for Business by Times Higher Education 2023 | # 14 for Business by Times Higher Education 2023 # 3 for Business by Academy Ranking of World Universities 2021 | # 25 for Business by Times Higher Education 2023 # 6 for Business by Academy Ranking of World Universities 2021 | # 24 for Business by Times Higher Education 2023 # 32 for Business by Academy Ranking of World Universities 2021 | # 170 for Business by Times Higher Education 2023 # 8 for Business by Academy Ranking of World Universities 2021 | # 65 for Business by Times Higher Education 2023 # 24 for Business by Academy Ranking of World Universities 2021 | # 28 for Business by Times Higher Education 2023 # 101 for Business by Academy Ranking of World Universities 2021 | # 20 for Business by Times Higher Education 2023 # 39 for Business by Academy Ranking of World Universities 2021 | # 69 for Business by Times Higher Education 2023 # 10 for Business by Academy Ranking of World Universities 2021 |
| application | #2989 Applicants # 421 Admissions # 14 % Acceptance Rate | #7158 Applicants # 916 Admissions # 12 % Acceptance Rate | #3036 Applicants # 395 Admissions # 13 % Acceptance Rate | #3652 Applicants # 1059 Admissions # 29 % Acceptance Rate | #385 Applicants # 135 Admissions # 35 % Acceptance Rate | #1899 Applicants # 214 Admissions # 11 % Acceptance Rate | #1269 Applicants # 200 Admissions # 15 % Acceptance Rate | #1535 Applicants # 282 Admissions # 18 % Acceptance Rate | #781 Applicants # 344 Admissions # 44 % Acceptance Rate |
| exam scores | GMAT - 720/800IELTS - 7/9PTE - 70/90TOEFL - 100/120 | GMAT - 730/800GRE updated - 324/340IELTS - 6.5/9TOEFL - 100/120 | GMAT - 670/800GRE updated - 318/340IELTS - 7/9TOEFL - 90/120 | Duolingo - 120/160GMAT - 700/800IELTS - 7/9PTE - 70/90TOEFL - 100/120 | GMAT - 670/800GRE updated - 302/340IELTS - 7/9TOEFL - 100/120 | GMAT - 720/800IELTS - 6.5/9PTE - 68/90TOEFL - 90/120 | Duolingo - 120/160GMAT - 680/800GRE updated - 300/340IELTS - 7.0/9PTE - 58/90TOEFL - 100/120 | GMAT - 700/800IELTS - 7.5/9PTE - 70/90TOEFL - 100/120 | GMAT - 550/800GRE updated - 312/340IELTS - 7/9TOEFL - 100/120 |
| Admission Criteria/Better to Have | GPA of 3.5 average and preferably 720 GMAT Score. Average Work Experience required around 5.3 years. | GPA of 3.6 average and preferably 722 GMAT Score. Average Work Experience required around 5 years. | GPA of 3.8 average and preferably 660 GMAT Score. Average Work Experience required around 5.6 years. | - | GPA of 3.34 average and preferably 666 GMAT Score.Average Work Experience required around 5.6 years. | GPA of 3.55 average and preferably 707 GMAT Score. Average Work Experience required around 5 years. | GPA of 3.32 average and preferably 680 GMAT Score. Average Work Experience required around 5.4 years. | GPA of 3.34 average and preferably 700 GMAT Score. Average Work Experience required around 5 years. | GPA of 3.4 average and preferably 694 GMAT Score. Average Work Experience required around 4.5 years. |
| cost to study | Total Cost (Tuition + Living) -INR 5977529.46 | Total Cost (Tuition + Living) -INR 7035205.86 | Total Cost (Tuition + Living) -INR 5947357.5 | Total Cost (Tuition + Living) -INR 6523443 | Total Cost (Tuition + Living) -INR 4350315.87 | Total Cost (Tuition + Living) -INR 5722394.04 | Total Cost (Tuition + Living) -INR 5802300 | Total Cost (Tuition + Living) -INR 6356834.1 | Total Cost (Tuition + Living) -INR 5540367.6 |
| Return on Investment/Average Package | #Average SalaryINR 13621811.04 | #Average SalaryINR 12433500 | #Average SalaryINR 11604600 | #Average SalaryINR 12433500 | #Average SalaryINR 9532350 | - | #Average SalaryINR 10464862.5 | #Average SalaryINR 11296332.09 | #Average SalaryINR 10523465.73 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Jan 9, 2023 (Round 2 Application deadline) Mar 17, 2023 (Decision Release Round 2) Apr 3, 2023 (Round 3 Application Deadline) | Mar 29, 2023 (Application Deadline Round 3 For 2023 Intake) Apr 13, 2023 (Interview Invitation For Round 3) May 10, 2023 (Decision Release Date) | Feb 13, 2023 (Round 3 Application Deadline For Fall 2023 Intake) May 2, 2023 (Final Application Decision Deadline) May 15, 2023 (Fee Deposit Deadline) | Jan 15, 2023 (Fall 2023 Application Deadline 1) Mar 15, 2023 (Fall 2023 Application Deadline 2) Apr 1, 2023 (Notification Deadline for Round 1) Jun 1, 2023 (Notification Deadline for Round 2) | Oct 15, 2023 (Round 1 Application Deadline) Jan 5, 2024 (Round 2 Application Deadline) Mar 1, 2024 (Round 3 ApplicationStart Date) Apr 15, 2024 (Final Application Deadline) | Mar 1, 2023 (Application Deadline for Round 2) Apr 15, 2023 (Application Deadline for Round 3) Oct 15, 2023 (Application Deadline for Round 4) | Jun 18, 2023 (Application Deadline For Fall 2023 Intake) | Apr 11, 2023 (Application Deadline Round 3) Sep 22, 2023 (Application Deadline Round 1) Jan 10, 2024 (Application Deadline Round 2) | Jan 9, 2023 (Application Deadline Round 2) Jan 13, 2023 (Fee Deposit Deadline Round 1) Feb 27, 2023 (Application Deadline Round 3) Mar 13, 2023 (Application Decision Deadline) Apr 21, 2023 (Fee Deposit Deadline Round 2) Apr 24, 2023 (Application Decision Deadline) May 19, 2023 (Fee Deposit Deadline Round 3) |
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