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Contact Information: 701 Tappan Street Ann Arbor, MI 48109-1234 Phone: (734) 763-5796 Fax: (734) 763-7804 View Website |
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Statistics
Enrollment: 1,600 Average GMAT: 700.00
GMAT Range (25-75%): 640-760
Average Undergrad GPA: 3.30
Regular Application Deadline: 03/01
Rolling Admission: No
School Type: Public
Average Age: 28.00
Average Work Experience (months): 60
Student Faculty Ratio: 12:1
Programs & Curriculum
Part Time Program: Yes Evening Program: Yes
Executive MBA Program Offered: Yes
Total Faculty: 197
Employment
Average Starting Salary: $99,265.00 Hired Consulting: 31%
Hired Finance: 25%
Hired Operations: 2%
Hired Marketing: 28%
Scholarships & Financial Aid
Out-of-State Tuition: $43,100.00 In-State Tuition: $38,100.00
Financial Aid Deadline: 03/01
Students Receiving Some Aid: 75%
Average Annual Total Financial Aid: $62,343.00
Rankings & Lists
Best AdministeredBest Professors
Greatest Opportunity for Minority Students
2010 Entrepreneurial Programs: Business Schools
Students Say - Academics
After the $100 million donation in 2004 from Stephen M. Ross-the largest gift ever bestowed upon any U.S. business school-the school has been witness to an exponential increase in both construction and curriculum, including a new $145 million facility and a revised MBA curriculum whose benefits include carefully sequenced core courses, more electives, and the opportunity to focus on specific areas of interest prior to internship interviews. Most students agree that the program "ranks high in everything," but note that it is "extremely strong in corporate strategy, entrepreneurial studies, management accounting, marketing, organizational behavior, nonprofit organizations, social venturing, and venture capital/private equity/entrepreneurial finance."
Much of the program's strength comes from the "great professors who respond to the individual classes' needs and interests." Students appreciate that the "helpful and challenging" faculty "push you to think," adding that "classes are a great mix of lecture and performance." Because the business school does not require students to specialize, MBAs "have a lot of flexibility in the second-year schedule to focus on the classes [they] want." Just keep in mind the rigorous core curriculum must be completed before students can take on the multitude of electives the school has on offer. (Some of these courses are so "popular" that the administration works "with the professor to expand the number of sections they teach in order to give the most opportunity to people to take the class.) MBAs add that the workload is fairly heavy, but "That's what we're paying for." One student explains, "We take five classes per semester, and each class usually meets twice a week for 1 and a half hours at a time. For every 1-and-a-half-hour class, there's probably about that much preparation time that is put in outside of class." As a major research institution, Michigan gives its MBAs access to world-class research facilities. And don't forget about the "breadth and depth" of the "second-to-none" opportunities offered, such as "dual degrees, academic programs, International Multidisciplinary Action Projects, and [access to] institutes such as The William Davidson Institute for International Studies and the Zell Lurie Institute for Entrepreneurial Studies."
On the aesthetic front, many note that "classrooms need to be upgraded" and that "facilities could be improved." The good news in this is that the school's administration "is driven to improve the school" and has "a strategic plan for the school." And that $100 million mentioned earlier has come a long way to make these students' hopes for the campus become a foreseeable reality.
Students Say - Admissions
Applications to the University of Michigan MBA program must include undergraduate transcripts, GMAT test scores (on average, successful applicants score 700), TOEFL test scores (for international students), letters of recommendation, a personal statement, and a resume. The school also looks at an applicant's record of success, clarity of goals, and management and leadership potential. The program does require previous work experience and, though not required, interviews are "highly recommended." There are many minority recruitment efforts, such as the Consortium for Graduate Study in Management, Robert F. Toigo Fellowships in Finance, National Society of Hispanic MBA Conference, National Black MBA Conference, and many more.
Students Say - Campus Life
"If you like college towns, you will love Ann Arbor," students at U of M agree. In addition, on campus you'll find the "friendliest group of people I've ever met," says one student. "This is my new extended family." And this family has no shortage of social opportunities. "There's happy hour every Thursday, tailgates every Football Saturday, and numerous club parties in between," explains one student. "You can't beat Michigan football, hockey, and basketball." With "jazz [clubs], dance clubs, and restaurants" in the city, students find a "heck of a lot of fun" everywhere they go. Some even venture to Detroit. But beware the winter months, warn students: "The weather is cold . . . and students do spend too much time studying because there's not much else to do when it's 15 degrees out."
The MBA program offers "abundant opportunities to get involved, from professional to social clubs, newspaper, admissions, and career counseling. There's even a wine-tasting club." One student mentions that "without the energy the other students provide, many of the clubs/activities would not happen and our experience here would not be as rich." And students work together here to find a "good work-life balance." "We work quite hard, but on Thursday evenings, practically all MBAs flock to the b-school happy-hour bar, Mitch's," says one. "No weekend goes by without lots of prep for class, several group meetings, and at least one party or social/fun activity." The program also "provides lots of opportunities for spouses to get together. It also has joint programs with other schools in the university, which provide meaningful activities."
Students Say - Careers
The university is home to a "powerful and active alumni movement," meaning that MBA graduates have exceptional access to career opportunities; "Alums seem to go out of their way to help you." U of M's Student Career Services Office at the Ross School of Business, serves both undergraduates and graduate students, and reports that an impressive 90.6 percent of recent MBA graduates received their first job offer within 3 months of graduating.
Top employers of Michigan MBAs include Citigroup, Booz Allen Hamilton, Dell, McKinsey & Company, American Express Company, JPMorgan Chase, A.T. Kearney, Eli Lilly and Company, Bain & Company, Ford Motor Company, Medtronic, 3M, Cummins, General Mills, Guidant Corporation, Intel, Kraft Foods, Microsoft, National City Corporation, and SC Johnson.
Other School To Consider
The University of ChicagoHarvard University
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