Michigan Ross MBA

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About the Program and application Requirements

Michigan Ross MBA Admission Process

Application Requirements

Class of 2024

Michigan Ross MBA Class of 2024 Profile

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Demographic Overview

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     Class: 416

     Average Full-Time Work Experience: 5.4 Years

     Average Age: 27

     Women: 45%

     U.S. Students of Color: 36%

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Industries Represented in Class

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Undergraduate Majors Represented

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About tuition fee and scholarships

Michigan Ross Full Time MBA Fees

Application Fees: $200

Full-time MBA Tuition fees for Michigan Residents: $68,196 (per academic year)

Full-time MBA Tuition fees for Non-Michigan Residents/International: $73,196

Mandatory fees: $166.19 (per full term for full-time enrolled students)

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Scholarships Available:

Health Innovation Scholars Program 

Forte MBA Fellowship

Yellow Ribbon Program 

The Consortium 

Romba LGBT+ Fellowship 

Tauber Institute for Global Operations Scholarships 

True Grit

Erb Institute Scholarships 

Class of 2021

Geographic Distribution

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International: 26%

Africa: 1%

Asia: 7%

Australia & New Zealand: <1%

Europe: <1%

India: 9%

Middle East: <1%

North America: 73%

South America: 7%

Acceptances by Industry

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Consulting: 35.1%

Consumer Packaged Goods: 7.9%

Energy: 1.5%

Financial Services: 15.5%

Healthcare (Products And Services): 5.6%

Manufacturing: 2.9%

Retail: 1.8%

Technology: 24.9%

Other: 5.0%

Mean base salary by Industry

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Consulting: $157,451

Consumer Packaged Goods: $116,976

Energy: $106,388

Financial Services: $141,990

Healthcare (products and services): $128,879

Manufacturing: $133,600

Retail: $125,946

Technology: $137,282

Other: $135,104

Graduate went into Tech. and Consulting: 60%

Acceptances by Function

Detailed Compensation Information (96.2% of Accepted Offers Included Usable Function Salary Data)

Base Salary

Function (% of Reported)

Consulting: 42.1%

General Consulting: 11.4%

Human Capital Consulting: 2.0%

Internal Consulting: 3.5%

Management Consulting: 17.8%

Operations/Process Consulting: 3.2%

Technology Consulting: 4.1%

Finance: 14.0%

Corporate Finance: 1.8%

General Finance: 2.3%

Investment Banking: 8.5%

Private Equity/Venture Capital: 1.5%

General Management: 10.8%

Human Resources: 2.0%

Marketing/Sales: 21.3%

Brand/Product Management: 19.0%

General Marketing: 1.2%

Sales: 1.2%

Operations/Logistics: 7.6%

Other: 2.0%

Graduates Switching Careers: 94%

Average Base Salary by Function

Consulting: $152,648

General Consulting: $153,159

Human Capital Consulting: $157,143

Internal Consulting: $130,323

Management Consulting: $157,401

Operations/Process Consulting: $152,273

Technology Consulting: $150,314

Finance: $144,911

Corporate Finance: $120,167

General Finance: $140,667

Investment Banking: $152,143

Private Equity/Venture Capital: $139,200

General Management: $126,137

Human Resources: $124,429

Marketing/Sales: $130,559

Brand/Product Management: $129,574

General Marketing: $145,750

Sales: $138,250

Operations/Logistics: $142,429

Other: $142,429

Mean Base Salary by Region:

Detailed Compensation Information (96.2% of Accepted Offers Included Usable Region Salary Data):

Mid-Atlantic: $149,868

Philadelphia Metro Area: $140,000

Washington, D.C. Metro Area: $153,654

Midwest: $144,202

Chicago Metro Area: $148,466

Detroit Metro Area: $150,247

Minneapolis/St. Paul Metro Area: $130,077

Other: $125,125

Northeast: $141,765

Boston Metro Area: $135,071

Tri-State Area (New York, New Jersey & Connecticut): $143,409

South: $152,778

Atlanta Metro Area: $158,000

Southwest: $135,403

Austin Metro Area: $124,856

Dallas Metro Area: $150,375

Denver Metro Area: $132,222

West: $142,802

Los Angeles Metro Area: $147,020

San Francisco Bay Area: $148,061

Seattle Metro Area: $136,917

Other: $133,250

International: $107,999

Latin America: $90,125

Graduates accepts job on the East Coast, West Coast, or Chicago: ¾

Offer & Compensation Details

Position Source

On-Campus/School Facilitated: 274 (80.1%)

On-Campus Recruiting: 106 (31.0%)

Returning to On-Campus/School Facilitated Internship Employer: 86 (25.1%)

Other School Facilitated (posting, alumni/faculty networking, etc.): 82 (24.0%)

Off-Campus/Direct Contact: 68 (19.9%)

Contacted Directly: 37 (10.8%)

Other Off-Campus Contact (personal network, other job postings, etc.): 31 (9.1%)

Summary of Graduates

Seeking Employment: 84.8%

Returning to Internship Employer: 25.0%

Seeking New Employment: 59.8%

Total Not Seeking Employment: 7.4%

Company Sponsored: 4.3%

Continuing Education: 1.2%

Not Seeking for Other Reasons: 0.7%

Postponing Job Search: 0.2%

Starting a New Business: 1.0%

No Recent Information Available: 7.9%

Timing of Job Offers

Received First Offer by Graduation

U.S. Citizen/Permanent Resident: 90.0%

Foreign National: 90.6%

Received First Offer within 3 Months of Graduation

U.S. Citizen/Permanent Resident: 97.3%

Foreign National: 97.9%

Timing of Job Acceptances

Accepted Offer by Graduation

U.S. Citizen/Permanent Resident: 87.3%

Foreign National: 90.6%

Accepted Offer within 3 Months of Graduation

U.S. Citizen/Permanent Resident: 95.4%

Foreign National: 97.9%

Mean Base Salary by Citizenship:

U.S. Citizen/Permanent Resident: $143,052

Foreign National: $139,447

Grand Total: $142,055

Mean Signing Bonus by Citizenship

U.S. Citizen/Permanent Resident: $31,340

Foreign National: $34,170

Grand Total: $32,177