Poets&Quants Top Business Schools

University of Michigan Ross School of Business

#5

Contact Georgina Hannah with any questions. Profile updated: January 23, 2024.

Contact Information

Location:
Michigan Ross
701 Tappan Street
Ann Arbor, MI 48109-1234
Admissions Office:
734-763-5796

Tuition & Fees In-State: $141,271*

Tuition & Fees Out-of-State: $369,991.52*

Average Debt: $31,391

Average Salary: $94,294

Graduates With Jobs 90 Days After Graduation: 99%

International: 5%

Minority: 22%

First generation college students: 14%

When do students declare their majors: Sophomore Year

Acceptance Rate: 9%

Average SAT: 1,470

Average ACT: 32

Average GPA: 3.92

HS Class Top Ten: 79%**

*The total cost of the degree over four years for the most recent graduating class inclusive of school fees, room, board, or living expenses.

** HS Class Top Ten is the percent of the student population that graduated high school in the top ten percent of their class.

*** Please note that these statistics are provided for the business school major only whenever possible. If a school does not track these statistics separately, then the university-wide statistics are provided.

The Ross School of Business at the University of Michigan consistently ranks highly for its undergraduate business program, and usually hovers in the top ten. The B-School placed in the top 5 in this year’s 2023 rankings, coming in at No. 5 – up three places from last year’s No. 8. 

Ross placed best in Career Outcomes of the three methodological categories, ranking No. 3 overall. They held onto the No.9 place in Admissions, and moved up to No. 4 in Academic Experience. 

Their most recent incoming class had an acceptance rate of 8.90% – slightly more exclusive than last year’s 9.80%, and their average SAT score stood at 1470 – up 10 points from last year’s average of 1460.

Ross boasts high internship and employment outcomes. This year, they rose slightly regarding internship rates, with 98.90% of the Class of 2023 securing an internship before graduation as compared to last year’s class who had a 97% internship rate. Meanwhile, they maintained their career stats, with 99.10% of the Class of 2023 securing full-time employment after graduation, in line with last year’s class at 99.55%. The average starting salary for their 2023 graduates was $94,294.

SIGNATURE EXPERIENCES INCLUDE CAPSTONE PROJECT AND GLOBAL IMMERSION

What makes Ross a standout business school year after year is perhaps the community of collaboration and an abundance of opportunities to learn by doing. With global immersions from China to Croatia, Ross students can gain an in-depth understanding of international businesses while actively engaging in unique cultural experiences.

Ross officials attribute much of the success of its action-based learning approach to its student community as well. According to Paul Kirsch, managing director of the Michigan Ross BBA Program, there are more than 65 Ross undergraduate clubs that educate their membership, run their own annual conferences, and host events.

“The student community has a prominent role in shaping co-curricular experiences that enhance classroom learning,” Kirsch told Poets&Quants. “The newest additions to the club roster include additional consulting clubs that give members the opportunity to lead engagements with real clients. This enhances the action-based learning experiences offered through our curriculum.”

GENERAL MANAGEMENT DEGREE

The Michigan Ross BBA is a general management degree, meaning there are no majors. Ross students are required to complete 16 core courses, a 3-credit capstone course, and 15 credits of elective courses. 

However with its core and elective programming and a range of clubs and co-curricular opportunities, Ross offers its students a variety of ways to touch on nearly every aspect of business. The Ross curriculum is designed to give students a holistic view of business, but about half of the classes Ross students take come from other schools on campus. So while Ross students don’t choose a major, they do have flexibility when it comes to specializing in what they want to study. 

Additionally, Ross allows its students to take more focused tracks to hone in on certain topics or fields, like the Cappo Sales Track and the Carson Scholars Track. For students looking for a quality general management degree with flexibility in specialization, a collaboration-focused community, and opportunities to learn by doing, the Ross education is the perfect choice. 

Alumni say:

“The two most notable things for me were the RIS semester (Ross Integrated Semester) and Timmy capstone. It gave me a chance to work collaboratively to employ ALL the skills we were taught rather than isolated subsets, including presenting. For the capstone, we presented to the CMO Of a major organization.”

“I wrote my senior thesis on the music industry, which gave me a unique opportunity to delve into the industry I aspired to join post graduation. That senior thesis helped me attain my dream job at Sony Music, as I cold-emailed the CFO and he was impressed with what I wrote.”

“I participated in an Independent studied overseen by a member of faculty to better understand the combination of business communication as it develops within nonprofit organizations. I worked closely with the MERCY house in Ann Arbor for a semester. Capstone my senior year integrated all of my previous academic courses into a hands-on, real life, opportunity to support a project in the greater Ann Arbor area. Navigated business acumen, consulting group dynamics, and a virtual world! Great opportunity especially since most roles post grad have stayed virtual.”

“I was involved in an entrepreneurial capstone and right now, most of the work I do involves entrepreneurship/intrapreneurship, in which I have to develop new projects within my company to adapt to the pandemic situation. The skills I’ve learned have allowed me to help our company stay afloat and even make some profits. For that, I’m so grateful for the education that I’ve learned and applied.”

“My study abroad in Hong Kong & Singapore translated well in my career working for a globally operated brand. It set me up for success by staying nimble in my role and pushing myself to understand global trends that could potentially impact our business and our partners, especially during this pandemic when everything could be changing by the minute.”

“During my senior year at Ross, I worked on a consulting engagement with one of the Big 3 auto OEMs. With a team of ~4 other students, we worked closely with leaders in their Marketing department to address a problem in the EV space. This project gave me a head start in learning how to manage clients and solve real ambiguous problems in a safe environment.”

Where The Class of 2018 Went To Work:

EY – 13

Goldman Sachs Group – 12

Citi – 11

JP Morgan Chase & Co. – 10

PwC – 9

Deloitte – 8

Morgan Stanley – 8

McKinsey & Company – 7

PepsiCo Inc. – 7

Oracle Corporation – 7