Ross School of Business is the business school of University of Michigan Ann Arbor. Established in 1924, the business school is home to 4,326 students. Full-time MBA is the flagship program at Ross School of Business and includes 28% international students. Other popular programs offered by Michigan Ross are Master of Management, Executive MBA, and BBA.
Indian students seeking admission to Ross School of Business should have an equivalent US bachelor’s degree with a minimum 3.5 GPA (80% - 89%), GMAT score between 690 - 710, and a TOEFL score of 100 or higher. Acceptance rate at Ross School of Business in below 20%. In terms of fees, the business school is high-end. The average tuition fee of a full-time BBA program is around 42 lakhs. Cost of studying for an MBA is 56 lakhs for an Indian student.
Pursuing a degree at Ross School of Business is gratifying, despite high tuition and fees. Recruiters for Ross MBA graduates include Boston Consulting Group, Boeing Co., Nike, and EY. The median base salary of graduates is around 160,000 USD with around 30,000 USD of signing bonus.
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Ross School of Business Programs
As the B-school for UMich Ann Arbor, Ross School of Business offers selective courses- 1 bachelors degree course and 5 masters degree programs. All the programs are available in the field of Business Administration, Accounting, Management, Supply Chain Management, and Business Analytics. Explore: Ross School of Business Programs
- BBA program at Ross School of Business does not offer any specific majors. Students have the freedom to pursue a dual degree program, minor or a topic according to their choice from any other school or college on campus.
- Ross School of Business also offers minors in business, real estate development and entrepreneurship.
- Ross School of Business also offers executive education which includes open enrolment programs, custom programs, a leadership certificate program and online learning. The programs are offered to organisations as well as companies.
- Michigan Ross also offers an online program for Accelerated Management Development Certificate to professionals seeking career advancement.
MBA at Roos School of Business:
- MBA programs at Ross School of Business are available in six formats - full-time MBA program, evening MBA, weekend MBA, online MBA, executive MBA and global MBA.
- Students can also opt for either a dual degree or study a focused program that compliments their MBA Degree.
- The focused programs are offered in study areas such as business and sustainability, data and business analytics, fast track in Finance, healthcare management, real estate development, and management science.
- MBA aspirants can also pursue dual degree programs in law, medicine, public health, public policy, environment and sustainability.
- The school offers a global MBA Program designed for mid-career professionals for 15 months.
Ross School of Business MBA Class Profile
In 2021, Ross School of Business enrolled 398 MBA students. The enrolled students represented 5 metros- NYC, Chicago, Boston, Washington D.C and New Delhi. The overall MBA class profile of 2023 is as follows:
Of the enrolled students, 42% students belonged to business majors at bachelor’s level. Followed by STEM ( 32%) and Humanities majors (28%). The pre-industry experience of MBA students is as follows:
Ross School of Business Rankings
- #10 in Best Business Schools (tie) by US News 2023
- #7 in Part-time MBA by US News 2023
- #5 for Executive MBA by US News 2023
- #17 in QS World University Rankings 2022
- #1 for Masters in Management program By QS World University Rankings 2022
- #3 in the world for Masters in Supply Chain Management by QS World University Rankings 2022
Ross School of Business Campus
To promote the idea of sustainability and environmentally friendly businesses, the Ross campus has LEED-certified buildings. The Ross School of Business campus incorporates a digital library, a hub for the school's 14 world-class centres and institutes which helps to foster advanced learning within the school. The school also offers 135 student clubs and organizations open to all students.
Ross School of Business Admissions
Ross Business School accepts applications in four rounds for its full-time MBA program and encourages international students to apply by round 3. For undergraduate programs, it processes applications on a rolling basis. Students can follow the below mentioned steps when applying.
Ross School of Business Application Process
Step 1 - Submit the application.
- Application portal for undergraduate students: Common Application or Coalition Application.
- For Graduate admissions, apply via the Ross School of Business graduate application webpage.
Step 2 - Pay the non-refundable application fee.
- The Undergraduate application fee is 75 USD (5,818 INR)
- MBA application Fee is 200 USD (15,516 INR)
- For Master of Management, Master of accounting, and Master of Supply Chain Management the application fee is 100 USD (7758 INR)
Step 3 - Submit required documents.
Required documents for application -
- Academic transcripts
- School Report
- Three essays
- Undergraduate degree(for graduate applicants)
- Scores of Standardized exams to study in the USA
- Resume
- One professional letter of recommendation
- Counsellor recommendation
- Ross admission portfolio
- One teacher evaluation
- TOEFL Score of 100
Also check out: Sample statement of purpose for MBA in the USA
Applicants may be invited for an interview round by the Michigan Ross School of Business to understand how the candidate presents his/her experience and accomplishments in a professional setting. The interview will be conducted either by a Ross Alum or a current student.
Ross School of Business Cost of Attendance
Prospective candidates should calculate the cost of attendance before applying for a program for financial aid purposes. The table below gives an estimated cost of attendance at Ross School of Business.
Type of Expenses | BBA Cost (INR) | MBA Cost (INR) |
---|---|---|
Tuition Fee | 41.68 lakhs | 55.87 lakhs |
Mandatory Fees | 16,294 | 16,294 |
International Student Service Fees | 38,072 per semester | 38,072 per semester |
Books and Supplies | 81,202 | 1.32 lakhs |
Food and Housing | 9.75 lakhs | 13.17 lakhs |
Personal expenses (including health insurance) | 1.85 lakhs | 4.92 lakhs |
Also Check: Cost of MBA in the USA for Indian Students
Ross School of Business Alumni
Michigan Ross school of business has around 52,000 alumni members across 111 countries. The alumni have access to several benefits such as the following -
- Alumni at Ross School of Business have access to industry databases which will help them ace interviews and career development tools
- Unique access to positions specifically catering to Michigan Ross alumni through the alumni job board
- Access to full-tuition scholarships to our open enrollment courses like Executive Education in Ann Arbor and around the world.
Notable Alumni -
- Tusshar Kapoor -Indian actor
- Pete Hoekstra -United States Ambassador to the Netherlands
- Bharat Desai -American businessman, co-founder and chairman of Syntel.
Ross School of Business Placements
Some of the hiring companies include Accenture Strategy, Amazon, American Express Co., Bank of America Merrill Lynch, Morgan Stanley, PepsiCo Inc. etc. The median base salary of Ross School of Business graduates is 135,000 USD (104.61 lakhs).
The table below shows the average salary by Job Profiles of Ross Business School graduates.
Job Profile | Salary in INR |
---|---|
Chief Financial Officer | 151 lakhs |
Chief Executive Officers | 139.48 lakhs |
Marketing Director | 98.76 lakhs |
Director of Operations | 108.57 lakhs |
Chief Operating Officer | 157.67 lakhs |
Business Development Manager | 102.63 lakhs |
Senior Product Manager | 60.9 lakhs |
Real Estate | 57.1 lakhs |
Technology | 105.09 lakhs |
Some of the top hiring companies were Amazon, Facebook, Deloitte, Google, Goldman Sachs Group, Boston Consulting Group, Boeing Co., Nike, Dell, Barclays PLC, Discover Financial Services etc.
A comparison between best paying degrees and average annual salaries of Ross School of Bussiness graduates are depicted below -
Explore: MBA jobs in the USA
Michigan Ross is a top-ranking school of business fostering a collaborative and contemporary learning community that inspires creativity, teamwork, and motivation. At the same time, it offers action-based learning to prepare its graduates for an ever-changing world of marketing and business. The school is also committed to excellence and impact and aims to create business leaders, researchers, and lifelong learners who will make a positive difference in the world.
FAQs
Ques. Is Ross School of Business Prestigious?
Ans. Yes, Ross Schoob of Business is prestigious as it is highly ranked by various agencies. Some of the top rankings are:
#13 in Best Business Schools (tie) by US News 2022
#6 in Part-time MBA by US News 2022
#17 in QS World Rankings 2022
Ques. What all MBA programs are offered at Ross School of Business?
Ans. MBA programs at Ross School of Business are available in six formats - full-time MBA program, evening MBA, weekend MBA, online MBA, executive MBA and global MBA.
Ques. Does B-school charges different application fees for masters courses?
Ans. Yes, some of the masters courses with application fees are:
MBA application Fee is 200 USD.
For Master of Management, Master of accounting, and Master of Supply Chain Management the application fee is 100 USD
Ques. What is the median salary of gradautes after BBA?
Ans. The median base salary of BBA graduates of Ross School of Business was 85,000 USD.
Ques. What is the median salary of gradautes after BBA?
Ans. Some of the top hiring companies were Amazon, Facebook, Deloitte, Google, Goldman Sachs Group, Boston Consulting Group, Boeing Co., Nike, Dell, Barclays PLC, Discover Financial Services etc.