Poets&Quants Top Business Schools

University of Michigan Ross School of Business

#4

Contact our general manager with any questions. Profile updated: January 11, 2021.

Contact Information

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

Tuition & Fees In-State: $70,193*

Tuition & Fees Out-of-State: $200,572*

Average Debt: $24,789

International: 2%

Minority: 8%

First generation college students: 6%

When do students declare their majors: Sophomore Year

Acceptance Rate: 12%

Acceptance Rate Transfers: 35%

Average SAT: 1,470

Average ACT: 33

HS Class Top Ten: 82%**

*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 statics 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. Coming in fourth this year, Ross boasts high internship and employment outcomes for its students.

This year, 99% of Ross students had a business-focused internship before graduation (a 1% increase from last year) with a 97.03% employment rate, outscoring other Midwestern schools like the University of Illinois and University of Wisconsin. Only seven schools had a higher employment rate this year.

But 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. 

“The ability to work with hardworking and driven peers in a collaborative environment made the experience very rewarding and allowed me to learn about myself and my peers, which I believe to be the most useful skill I have gained from the business school,” one 2018 alum told us in the alumni survey for the rankings. 

SIGNATURE EXPERIENCES INCLUDE CAPSTONE PROJECT AND GLOBAL IMMERSION

From starting businesses to investing in student-led investment funds, Ross students engage in a variety of action-based learning experiences. According to Ross officials, more than 75% of Ross students in the Class of 2020 consulted and advised a live business and 100% of students were engaged in at least one form of action-based learning. 

In our survey of 2018 Ross graduates, roughly 84% of respondents reported taking part in at least one “signature experience” during their time at B-school. Among those experiences, the senior capstone project is by far one of the most popular. 

“My capstone was an action-based learning experience that realistically simulated a consulting engagement,” one 2018 alum told us. “The course provided me with the knowledge, skills, and experience I needed to become a proficient consultant.”

Respondents also talked highly about their experience in global immersion programs. From programs in China to Croatia, Ross students can gain an in-depth understanding of international businesses while actively engaging in unique cultural experiences.

“I took an immersion class in Chile in which we worked closely with several Chilean wineries to help expand their presence in the MidWest. Not only did this provide me with the opportunity to learn and appreciate a very new culture, it taught me what it looks like to conduct business on a global level,” one 2018 alum told us. “Through this experience, I had the opportunity to develop client relationships in a new cultural context. At the end of the course, we were able to actually connect our Chilean winery with an American distributor to help expand their presence.”

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 us. “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. Roughly 40% of Ross BBAs pursue minors and dual degrees. 

Additionally, Ross allows its students to take more focused tracks to hone in on certain topics or fields. For instance, the Cappo Sales Track offers a series of specialized courses in sales. The Carson Scholars Track allows students to dive into the intersection of business and government through a three-credit course offered in conjunction with The Washington Campus, a consortium of business schools at 17 top universities.

When asked how they would rate the quality of teaching in business courses, Class of 2018 Ross graduates gave an average rating of 9.1 — a rating that tops competing schools such as the University of Minnesota and the University of Wisconsin. 

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:

“I had a chance to work on developing a business plan for a local entrepreneur. It was an especially rewarding experience because we were able to see the application of our recommendations and see them succeed in their business.”

“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