Ross School of Business (University of Michigan)

The Stephen M. Ross School of Business, known also as Michigan Ross or Ross, is the University of Michigan’s business school located in Ann Arbor, Michigan.  

Ross School of Business offers programs in bachelor’s, master’s, doctoral degrees, and executive education. 

Set up in 1924, it offers a full-time MBA, besides its other top programs which are Executive MBA, Master of Management, and BBA. The school houses more than 4,300 students.

Indian students who wish to seek admission to Ross School of Business should have a four-year bachelor’s degree or an equivalent recognized by the US universities with a GPA of at least 3.5, equivalent to 80% to 89%, score in GMAT between 690 and 710, and a TOEFL score of a minimum of 100. 

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The acceptance rate at the school is less than 20%. The average tuition fee for a full-time BBA program is around $53,066. On the other hand, an MBA program costs $70,736 for an overseas student. 

Ross School of Business provides one bachelor’s degree and five master’s degree programs. The subjects covered in the programs are accounting, business administration, business analytics, management, and supply chain management. 

In the BBA program, no specific majors are offered by the school. Students are also allowed to pursue a dual degree program or an elective as per their choice from any of the University of Michigan’s schools or colleges.

Ross School of Business also offers minors in business, entrepreneurship, and real estate development.

Also offered by the school is executive education, which includes custom programs, open enrolment programs, online learning, and a leadership certificate program. The programs are offered to companies/organizations.

Ross School of Business also offers to professionals an online program for Accelerated Management Development Certificate so that they can advance their careers.

MBA at Ross School of Business:

• Ross School of Business offers MBA programs in six formats – full-time MBA program, executive MBA, online MBA, weekend MBA, global MBA, and evening MBA.
• Students can also pursue a dual degree or carry out a focused program that matches their MBA Degree.
• The school offers focused programs in subjects, such as business and sustainability, data and business analytics, healthcare management, real estate development, fast track in Finance, and management science.
• Aspiring MBA students are also allowed to pursue dual degree programs in environment, sustainability, law, medicine, public health, and public policy.
• The school offers mid-career professionals a global 15-month MBA Program.

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Rankings of Ross School of Business 

As per QS World University Rankings 2022, Ross School was ranked #1 for its Masters in Management program while US News 2023 ranked it #10 in Best Business Schools (tie). 

The Campus of Ross School of Business 

The Ross campus opted for LEED-certified buildings in order to uphold the concept of sustainability and environmentally friendly businesses. The Ross School of Business campus houses a digital library, a center for the school’s 14 world-class centers and institutes which aids in promoting advanced learning within the school. The school is also home to 135 student clubs and organizations.

Admissions at Ross School of Business 

Applications are accepted by the school in four rounds for its full-time MBA program in which foreign students are egged on to apply by round 3. Applications are processed on a rolling basis for undergraduate programs. 

Application Process at Ross School of Business

Step 1 – Submission of the application.

• Undergraduate students should apply through the portal a Common Application or Coalition Application.
• Graduates need to apply through the graduate application webpage of the Ross School of Business.

Step 2 – Make the non-refundable application fee payment.

• The fee for the undergraduate application fee is $75 
• The application Fee for MBA is $200 
• The application fee for Master of Accounting, Master of Supply Chain Management, and Master of Management, is $100.

Step 3 – Submit the required documents.

Documents required for application – 

• Educational transcripts
• Three essays
• Qualifying degree certificate 
• Scores of IELTS or TOEFL exams to study in the USA
• CV/Résumé
• One letter of recommendation (LOR)

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Shortlisted candidates are invited for an interview round by the Ross School of Business to know how applicants present their experiences in professional environments. Ross alum or a current student will conduct the interview. 

Cost of Attendance at Ross School of Business 

Potential applicants need to know the cost of attendance before they apply for a program for purposes of seeking financial assistance. The breakup of the expected cost of attendance at the school is as follows. 

Type of Expenses	BBA Cost (USD)	MBA Cost (USD)
Tuition Fee	52,650	70,574
Mandatory Fees	206	206
International Student Service Fees	481 per semester	481 per semester
Books and Supplies	1,026	1,667
Food and Housing	12,316	16,635
Personal expenses (including health insurance)	2,337	6,214

 

Alumni of Ross School of Business

Ross School of Business has about 52,000 alumni members all over 111 countries. The alumni are allowed to access several benefits such as the following –

• Alumni at Ross School of Business can avail of industry databases which will help them crack interviews and tools to develop their careers
• Exclusive access to positions particularly providing for Michigan Ross alumni through the alumni job board
• Avail of full-tuition scholarships to open enrollment courses, such as Executive Education in Ann Arbor and across the world.

 

Placements at Ross School of Business 

 The average salaries by job profiles of graduates of Ross Business School are as follows. 

Job Profile	Salary (USD)
Chief Financial Officer	190,728
Chief Executive Officers	176,159
Marketing Director	124,745
Director of Operations	137,136
Chief Operating Officer	199,156
Business Development Manager	129,638
Senior Product Manager	76,926
Real Estate	72,126
Technology	132,744