College of Business is a component of the University of Michigan and is located in the Fairlane Center South building of the institute. The college offers some nine undergraduate, six graduate, and several dual-degree programs and is regarded as one of the best B schools in USA.
The institute has been ranked #42 in the US in online MBA by Poets & Quants 2021 rankings. Admissions at College of Business, University of Michigan-Dearborn are available for intakes in the 3 terms of Fall, Winter, and Summer. All the applicants applying at the institute are required to deposit a nonrefundable fee of 50 USD. With an acceptance rate of around 77%, the organization is a moderately selective institute for studying in the USA. The upcoming deadline for international students is September 1.
All the applicants seeking admission at the B-school need to plan a budget of approximately 39,284 USD per year. Apart from the online MBA, one of the most popular programs at the college of business is its MBA Finance, for which the required IELTS and GRE scores are 6.5 and 322 respectively. The business school also rewards its graduates with an average salary package of 100,000 USD.
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College of Business, University of Michigan-Dearborn Rankings
College of Business is ranked amongst the top business schools in the USA. Here is the U.S. News & World Report rankings for the B-school:
- The online MBA program taught at the college has been ranked #1 in Michigan
- Ranked #106 in part-time MBA by US News 2022
- The part time MBA has also been ranked #1 in Michigan
- Ranked #2 for MS in Finance program in Michigan
- The college has also been ranked #3 for undergraduate business programs in Michigan
Highlights
| College Type | Private |
| Campus Setting | Urban |
| Campus Location | Dearborn |
| Application Mode | Online |
| Intake | Rolling basis |
| Campus Accommodation | Available |
| Application Fee | 60 USD (non-refundable) |
| Mode of Programs | Full time, Part-time, Online |
| Types of Programs | Bachelors and Masters |
| Admission Help | umdoia-international@umich.edu |
| Official Website | https://umdearborn.edu/admissions/graduate/how-apply |
College of Business, University of Michigan-Dearborn Campus
College of Business is a part of the University of Michigan so all the academic & housing facilities available at the campus are shared by the college students. College is located at the Fairlane campus south of Dearborn from where international students can easily access taxis, buses, restaurants, shops, etc.
- The college shares the Mardigian library with the university which contains a plethora of journals, books, magazines, and other academic resources. The library also provides services like a peaceful seating area, study rooms, computer & printer access, specialist librarians, and other library support that helps students study easily.
- Campus health and wellness center offers a sports club, racquetball court, gymnasium, walking path, dance studio, etc.
- The College of Business campus also provides students with the Bloomberg finance lab, business communication lab, internship & career management center, academic support service, etc.
- The campus comprises more than 130 clubs and organizations such as financial association management, society for human resource management, etc. providing networking opportunities, and opportunities to advance their career.
Read Student reviews of College of Business at University of Michigan Dearborn
College of Business, University of Michigan-Dearborn Residence
College of Business provides on-campus and off-campus housing options in the US to both international as well as domestic students through its various residential halls namely The Union, Fairlane woods, and Fairlane Meadow. These halls offer a single bedroom, double bedrooms, and four-bedroom options.
- All the halls contain fully furnished bedrooms, living rooms, and kitchens, Flat-screen TV with cable and WiFi, 24-hour security, Campus shuttle service, etc.
- Each room has a bed with a confirmable mattress, internet access, wardrobe, study tables, and other required amenities
- The amenities and facilities provided by the residential hall vary from hall to hall.
Given below are the floor plans for various residential halls:
| Room Type | Plan per year (in USD) |
|---|---|
| Shared Single Loft (The Union) | 8,700 |
| Shared Single Loft Deluxe (The Union) | 9,300 |
| Blake (Fairlane Wood) | 1,400-1,691 |
| Coleridge Townhome (Fairlane Wood) | 2,385-4,640 |
| Quad w/ Shared Bath (The Union) | 8,400 |
College of Business, University of Michigan-Dearborn Programs
The College of Business offers a plethora of programs be it bachelor's, master's, or dual degree programs. A lot of disciplines are offered at the B-school including marketing, finance, accounting, management, information technology, and others. One of the most famous programs among the international population is the dual degree program MBA/MSc Information Systems. The entry requirements as well as the tuition fee for most of the programs are the same.
Given below are some top programs offered at the College of Business:
| Programs | Tuition Fees per term (in USD) | Requirements |
|---|---|---|
| Master of Business Administration | 17,744 | Undergraduate degree GMAT/GRE scores |
| MSc in Accounting | 17,744 | Bachelor's degree GRE/GMAT scores Grade C in finite math, pre-calculus, or calculus |
| MSc in Business Analytics | 17,744 | Bachelor's degree GRE/GMAT scores Grade C or better in algebra, trigonometry, pre-calculus |
| MSc in Finance | 17,744 | Undergraduate degree + GMAT/GRE score + Grade C or better in algebra, trigonometry, pre-calculus |
| MSc in Marketing | 17,744 | Bachelor's degree GRE/GMAT scores |
College of Business, University of Michigan-Dearborn Application Process
The business school attracts lots of international students because of its quality and industry-specific education. Institute open portals for application three times a year in fall, summer, and winter sessions. The application procedure is quite easy and online. Applicants must verify the requirements and apply before the deadline.
Application mode: Online
Application portal: College of Business Application Portal
Application fee: 60 USD
Application Deadline: November 1
Documents Required:
- Application form & fees
- Certified transcripts of previous qualifications
- Transcripts of high school (certified)
- Official bachelors degree certificate
- Official masters degree certificate
- GRE and GMAT scores
- Relevant work experience proof
- English language test scores
- Letters of recommendation
- Passport and student visa
- Photographs
- CV and current resume
- Self-written statement of purpose
- Health cover
- Certificate of vaccination
- Financial statement
- Some additional requirements as per the program
Check Out Top Business Schools for MBA in USA without GMAT
English Language Proficiency Test Scores
It is mandatory for all international students to submit the English language proficiency test scores to prove their English proficiency. Institute accepts different types of test scores like IELTS, TOEFL, and MELAB.
Here are the minimum requirements for the same:
| Test | Undergraduate Requirement | Postgraduate Requirement |
|---|---|---|
| IELTS | 6.5 | 6.5 |
| TOEFL IBT | 80 | 84 |
| TOEFL CBT | 213 | 220 |
| TOEFL PBT | 550 | - |
| MELAB | - | 80 |
College of Business, University of Michigan-Dearborn Cost of Attendance
The tuition fees at the College of Business varies according to the credit hours, however, the total tuition fee is 27,520 USD per year for the undergraduate programs and 17,744 USD per term or more for postgraduate programs. Living on-campus costs around 9,048 USD and other living expenses in the US cost nearly 4,576 USD per year.
Given below is the bifurcation for all the costs at the College of Business:
| Expenses | Cost per year (in USD) |
|---|---|
| Tuition fees | 27,520 |
| Room & meal | 9,048 |
| Books & supplies | 1,300 |
| Self expense | 3,276 |
College of Business, University of Michigan-Dearborn Scholarships
The business school offers multiple scholarships and awards as financial aid to students based on their academics and other performances. To avail of the scholarships, applicants must enroll in the full-time program and have at least a GPA of 3.0 and must submit the applications before the specified deadline. International students can also check the external scholarships in the US.
Some of the scholarships available at the college are:
| Scholarships | Amount/year (in USD) |
|---|---|
| Bruce Klimek Scholarship | 1,000 |
| Hartmann Family Entrepreneurship Scholarship | Up to 1,500 |
| Richard E. Czarnecki Endowed Scholarship | 500 |
| Tax Executives Institute (TEI) | 2,500 |
| Allard Family Trust Endowed Scholarship | 1,500 and 2,500 |
| College of Business Endowed Scholarship | 5,00 to 1,000 |
| Dr. Nancy J. Foran Endowed Memorial Scholarship | $1,500 |
College of Business, University of Michigan-Dearborn Alumni
Some top notable alumni at the College of Business are:
- Bobby Kotick, CEO of Activision Blizzard
- Rob Pelinka, Operations of the Los Angeles Lakers (vice president)
- John DeLorean, American Engineer
- Charlie Munger, American Investor
- Stephen M. Ross, Chairman of The Related Companies
College of Business, University of Michigan-Dearborn Placements
College offers its internship and career management center to help students with career opportunities in the US. Centre offers services such as career advice and counselling, internship and job search, one-on-one interview preparation, resume and cover letter writing, career coaching referrals, informational interviews, and job shadowing opportunities.
Here is the employment data of MBA graduates at the College of Business:
| Industry | Median Pay scale per annum (in USD) |
|---|---|
| Consulting | 160,000 |
| Financial Services | 150,000 |
| Healthcare (Including Products and Services) | 125,000 |
| Manufacturing | 123,500 |
| Retail | 120,000 |
| Transportation and Logistics Services | 106,250 |
The College of Business at the University of Michigan is famous among international students for offering value oriented and industry specific programs which are renowned in the US. Around 300 companies visit the college campus every year and more than 75% of students accept their job offers after graduation. Study abroad applicants who are planning to get a master's degree in the business field should definitely include the college in their list of top business schools in the US. The highest package received by graduates till now is 160,000 USD.
