Ross FT MBA Complete B-school information

In this post, you will find all the relevant information for the University of Michigan Ross School of Business. The post provides information on four key aspects of Ross: its academics, culture and student clubs, scholarships, and career report.




Section I: Stats

University of Michigan Ross School of Business
School Name	Ross
US News Ranking	8
Applicants	3631
Accepted	1020
Enrolled	378
Acceptance	28%
Yield Rate	37%
GPA	3.5
Average WE	67
% GMAT	43%
Average GMAT	720
Median GMAT	720
GMAT Domestic	709
GMAT International	733
% GRE	30%
Average GRE Q	160
Average GRE V	160
Employed at Graduation	92%
Employed 3 Months	98%
Average Salary	$153,465
Average Bonus	$32,451
Salary and Bonus	$182,966

Section II: Rankings

US News Ranking Data
Year	Ranking
2024	8
2023	10
2022	13
2021	12
2020	10

Section III: Introduction
Michigan Ross School of Business exemplifies a dedication to leadership, research, and continuous learning, all aimed at pioneering innovative solutions for the world's most intricate business challenges. As a distinguished institution, it stands as a premier business school, committed to providing graduates with experiential learning opportunities to thrive in an ever-evolving global landscape. Its influence extends well beyond the confines of traditional classrooms, as it aspires to establish a new standard in the fields of business and business education.

The institution's mission is characterized by an unwavering commitment to championing a better world through the lens of business. Equipped with transformative ideas, purpose-driven leaders, and a steadfast dedication to making a positive impact, Michigan Ross empowers business leaders to serve as catalysts for global change.

The core values of Michigan Ross serve as guiding principles, shaping the institution's ethos and directing its actions. Rooted in the pursuit of excellence, these values underscore the institution's determination to deliver its best in every endeavor.

• Connect & Collaborate: Michigan Ross fosters a culture of collaboration, recognizing that collective efforts yield greater results than individual endeavors.
• Learn & Grow: The institution embraces the concept of continuous growth, nurturing a mindset that is ever-evolving and open to improvement.
• Do Great Things: A relentless pursuit of excellence fuels Michigan Ross's aspiration to make a profound impact in all its undertakings.
• Be An Owner: The institution entrusts and empowers its community to take ownership of their initiatives, fostering a sense of accountability and responsibility.
• Be Inclusive: Inclusivity is at the heart of Michigan Ross, ensuring that every member of its community is provided with opportunities to thrive.

The realization of Michigan Ross's mission necessitates a bold and visionary strategy, one that harnesses the full potential of business by cultivating groundbreaking ideas, nurturing purpose-driven leaders, and fostering a community devoted to positive change.

• Powerful Ideas: As globally-recognized thought leader, Michigan Ross actively translates its ideas into action to address some of the world's most pressing challenges. The institution engages with policy-makers at the highest levels, contributes rigorous research to crucial business conversations, and collaborates with industry leaders to effect meaningful societal change.
• Purpose-Driven Leaders: Michigan Ross maintains an unwavering focus on developing purpose-driven leaders who make a positive difference. Through action-based learning and immersive experiences, students connect with the real world of business. Centers of excellence in leadership and positive organizations empower students to discover their sense of purpose, enabling them to launch successful startups and manage socially impactful ventures.
• Positive Impact: Michigan Ross is deeply committed to making substantial contributions to the global impact economy. Through collaboration with organizations, it addresses real-world challenges and generates prosperity through a positive impact lens. Initiatives such as providing consulting support to small businesses and nonprofits in Detroit, spearheading vital water infrastructure technology in Flint, and driving prosperity in emerging markets worldwide underscore the institution's dedication to effecting positive global change, one step at a time.

Section IV: Academics
Ross School of Business operates on a unique academic calendar, comprising two 14-week terms known as Fall and Winter, each further divided into two seven-week sessions: Fall A, Fall B, Winter A, and Winter B. While many Ross courses are condensed into the shorter seven-week format, some may span the entire 14-week term.

The first-year core curriculum at Ross consists of nine mandatory courses, along with the Multidisciplinary Action Project (MAP). Additionally, three more requirements must be fulfilled for graduation, and students have the flexibility to complete them at any point during their two-year MBA program. The first-year schedule includes:





Michigan Ross offers an abundance of practical experiences where you can actively engage in real business ventures. These opportunities allow you to develop the skills that recruiters highly value, enabling you to transition smoothly into your post-MBA career with confidence and readiness. Ross's MBA curriculum is usually called REAL.

REAL | Ross Experiences in Action-Based Learning

There's no substitute for practical experience in leadership development. Michigan Ross offers a multitude of opportunities for hands-on learning in the business world, unmatched by any other MBA program.

REAL.START
Transform your innovative business idea into a thriving venture through development, launch, and growth.

Integrated Product Development (TO 548)
Work with students from a variety of disciplines including business, engineering, art & design, and the School of Information to bring an original product idea to market, from concept to creation.

Dare to Dream Grant
Move through the business creation process with hands-on seminars and apply for grants of $300-$5,000.

Michigan Business Challenge
Enter this annual competition to win a share of $100,000 in prize money by pitching an original business plan with real-world commercial potential to guest judges.

TechArb Student Accelerator
Bring your idea to life through an intensive and structured entrepreneurial experience, including pairings with seasoned mentors.

Zell Entrepreneurs
Gain up to $10,000 in funding, intense mentorship, and resources to get your venture ready for launch when you graduate.

Marcel Gani self-hosted internships
Get funding to spend the summer executing your own business plans. Placement at startups and VC firms also available.

Desai Accelerator
For tech-enabled startups, the accelerator provides up to a $50,000 investment, mentorship, staff, and resources for early stage ventures to rapidly grow and build your business.

Entrepreneur & Venture Club
Attend events, networking opportunities, workshops, and get support to help you develop your business idea.

REAL.ADVISE
Engage with actual organizations to offer in-depth analysis and strategic recommendations on crucial matters.

MAP (BA 553)
Work seven weeks full-time consulting with a corporate, entrepreneurial, or nonprofit organization to solve a pressing challenge in this signature core course. Projects take place in all types and sizes of companies, with 50% located internationally.

Action Learning Projects in Operations, Procurement, and Supply Chain Management (TO 582)
Tackle a pressing issue for a company alongside AT Kearney. Develop and present recommendations to executives, while receiving faculty guidance and attending guest lectures.

Business Strategies for the Base of the Pyramid (BA 612)
Design sustainable ventures that can help alleviate poverty. Identify opportunities and develop the strategies, business models, and partnerships required to explore those opportunities.

Leading People & Organizations (MO 503)
Develop and present a solution to an organizational issue for a sponsoring organization.

Ross Open Road
Over the course of five weeks, drive from state to state meeting entrepreneurs, spending one week on site in each location working together on a solution to a business problem.

Community Case Competition
Provide pro-bono consulting services to Ann Arbor nonprofits, focusing on marketing, strategy, operations or financial analysis.

William Davidson Institute
Provide support to organizations in emerging-market countries facing issues of scaling impact, healthcare, education, performance measurement, or financial sector development through the Global Impact Internship Program.

Tauber Institute for Global Operations
Participate in opportunities including Tauber Community Service Day projects advising local nonprofits, and Tauber Facility Tours with rapid plant assessment advisory engagements.

Erb Institute for Global Sustainable Enterprise
Generate and work on Erb Impact Projects with companies focusing on sustainability issues, and work on Erb Partnership Projects with companies seeking advice on sustainability issues.

REAL.INVEST
Oversee all aspects of a student-run investment fund.

Student Investment Funds
Michigan Ross offers more student-run funds than any other MBA program. This is the place to be for hands-on experience investing, managing, and growing a real investment portfolio ― before you even earn your degree.

Wolverine Venture Fund (ES 701)
Gain hands-on experience in the entire process of venture investing, including sourcing applicants, initial analysis, due-diligence negotiation, and monitoring the portfolio.

Zell Lurie Commercialization Fund (ES 702)
Evaluate new technologies developed at U-M, perform due diligence, and pitch the inventor on the investment team's proposal.

Social Venture Fund (ES 703)
Experience the entire process of social venture investing, from sourcing deals to portfolio monitoring, while focusing on ventures dedicated to improving society.

Maize and Blue Fund (FIN 725/6/8)
Act as a portfolio manager, following and analyzing particular sectors, then pitching stocks to your peers.

Real Estate Fund (FIN 702/3)
Learn to analyze real estate, cash flows, risks and rewards for a fund that invests directly in real-world projects.

Zell Founders Fund
Invest in ventures from U-M students who are seeking funding to support a startup they hope to continue after graduation.

The Tozzi Electronic Business and Finance Center
Work in a state-of-the-art electronic trading floor and e-commerce lab with the latest technology for finance, accounting, strategy, and computing.

Erb Impact Projects
Partner with the Erb Institute to arrange financing for impact-oriented new small business startups.

REAL.LEAD
Gain hands-on experience leading a corporate partner's business unit alongside your peers.

Living Business Leadership Experience (BA 656)
Help establish and ultimately lead a functional team in an actual, operational business unit, working directly with executives of a local, national, or global sponsoring company.

Tauber Team Projects (TO 703)
Tackle a paid, operations-related assignment with graduate engineering students. Develop and lead the implementation of a project ranging from high-level strategic analysis to detailed work-flow issues.

Business+Impact Board Fellows program
Serve as a board member of a regional nonprofit, gaining real-world insight into its workings and procedures while contributing to the organization’s success.

Ross Open Road
Spend five weeks before your internship driving across America. Meet and work closely with socially- and environmentally-driven entrepreneurs to help solve their business challenges.

Club Leadership
Take a leadership role in a student club and learn organization, people skills, event management, budgeting, and more.

Student-Led Conferences
Learn what it takes to run a major event by helping to organize one of the major student-led conferences at Ross.

+LAB
Master the theory of Positive Organizational Scholarship, and lead the application of positive practices in a sponsoring organization.

For the detailed course catalog, click here

Promoting leader development through innovative concepts, transformative experiences, and inclusive environments is the core mission of the Sanger Leadership Center.

The center firmly believes that leadership is a learnable skill accessible to all, much like reading or mathematics. By offering groundbreaking ideas, life-altering experiences, and inclusive communities, the Sanger Leadership Center aims to democratize the leadership development process. In a rapidly changing world, empowering individuals from diverse backgrounds to cultivate the qualities and competencies necessary for becoming principled and inclusive leaders has never been more vital.

Situated within the Stephen M. Ross School of Business at the University of Michigan, the center acts as a crucial bridge connecting aspiring student leaders with prominent figures in both leadership research and practical applications. Central to its teachings is the Michigan Model of Leadership, founded on five decades of research conducted at the University of Michigan. The center's esteemed and diverse faculty board continually contributes fresh insights to the scholarly field of leader development.

Through Sanger's programs and learning communities, students and alumni engage in ongoing leadership development, supporting one another at the University of Michigan and throughout their broader journeys. Ultimately, the center aspires to make a profound global impact by graduating individuals who lead with unwavering values and possess a growth-oriented mindset, always eager to acquire new skills and advance on their leadership path.

Below are the offerings of SLC:

• The Collaboration Lab is a unique initiative for Ross MBA1 students, offering leadership development training that emphasizes teamwork skills. It begins at the start of their first year during orientation (Launch) and continues at the end of the year during their MAP consulting projects (Accelerate). This program incorporates action-based learning and evidence-based tools and frameworks, equipping students with the knowledge and skills to effectively design and lead high-performing teams.
  
• The Leadership Crisis Challenge is designed to prepare individuals for leadership roles in high-pressure, high-stakes environments. Participants will engage in a simulated business and media crisis, allowing them to assess their strategic thinking abilities during turbulent situations and maintain composure under pressure.
  
  In this challenge, participants and their teams will take on the roles of senior executives responsible for responding to an unfolding crisis. They will receive various forms of communication, such as emails, social media updates, and phone calls, on Thursday night. On Friday, they will convene at Michigan Stadium to present their crisis management strategy to a board of directors comprised of esteemed U-M alumni, journalists, and the public. Throughout the experience, participants will receive personalized feedback from business leaders, communication coaches, and faculty experts.
  
• The Leadership Dialogues speaker series is an engaging fireside chat-style event that showcases accomplished leaders from various industries, politics, and non-profit sectors. These distinguished speakers engage in discussions with U-M faculty, delving into the latest trends in organizational research and current practices. They offer valuable insights on a wide range of topics, including the development of leadership skills, effective management of purpose-driven organizations, and strategies for handling crises. These dialogues are accessible to the entire U-M community and are free of charge.
  
• The Leading Inclusive Teams program spans six weeks, offering a comprehensive learning experience that combines self-paced modules, peer-coaching in small groups, and interactive workshops. Participants will acquire evidence-based knowledge and practical tools aimed at equipping them to effectively lead diverse, equitable, and inclusive (DEI) teams and organizations. The program delves into workplace identity dynamics, fostering a deeper understanding of privilege, bias mitigation, and facilitating crucial conversations, while emphasizing the importance of active allyship. Additionally, participants will gain valuable organizational strategies for leading inclusive teams, implementing equitable processes, and driving DEI-driven changes within their organizations.
  
  Participants will convene weekly in small groups of four to five peers, providing an opportunity for reflection on their DEI journey, skill practice, and the application of insights to both academic and professional contexts. Furthermore, participants will engage in cohort-wide events. Each small group will benefit from the guidance of an executive coach, ensuring a deeper level of learning and facilitating the rotation of pod meeting facilitators for optimal success.
  
• This pair of workshops, Legacy Lab, has been crafted to assist you in unleashing your individual potential, enhancing your impact, and bolstering your resilience. These sessions will be replete with introspective exercises, impactful narratives, and substantial interaction with your colleagues. You will formulate your life's purpose and vision, define your core values, and explore innovative approaches to communication and leadership. In the end, you will emerge as a more resilient and empowered leader, ready to establish a lasting legacy.
  
• The Michigan Ross Leader Endorsement acknowledges the achievements of students who focus a significant portion of their time at Michigan on enhancing their leadership skills. This credential is earned by students as they fulfill the program's prerequisites at their own pace during their academic journey. The requirements of the endorsement encompass various elements, including engaging in enlightening workshops, self-reflections, hands-on experimentation, coursework, and action-oriented learning experiences. Furthermore, the program is strategically designed to offer students a competitive edge in the job market, equipping them with valuable experiences, meaningful conversation topics, and a widely shareable LinkedIn credential at the onset of their careers.
  
• The Ross Leaders Academy (RLA) stands as the Sanger Leadership Center's flagship leadership development community catering to a handpicked group of students from various disciplines on campus. Throughout this comprehensive year-long program, your primary objective will be to nurture your leadership skills within the Michigan community. By actively participating in RLA, you will have the opportunity to gain knowledge from a diverse set of peers, benefit from both one-on-one and group coaching sessions, and tap into the extensive body of research cultivated by the University of Michigan's forward-thinking faculty over the past three decades. Your journey through RLA will undoubtedly result in increased self-assuredness, enhanced insight, and a clear vision to propel your burgeoning career forward.
  
• Story Lab is a program designed to enhance executive-level presence and communication abilities by offering storytelling workshops and events. Effective leadership, whether in a professional, community, or personal context, relies on the capacity to communicate persuasively. This often entails sharing meaningful stories in a compelling and expressive manner, akin to a seasoned storyteller. Developing the skill to craft and deliver impactful stories equips individuals to showcase their worth to potential employers, inspire and motivate peers and colleagues, and exert influence over their audience. Story Lab provides an immersive environment for refining these skills within a secure and encouraging setting.

Section V: Culture and Student Clubs

*WIP*


Section VI: Scholarships
Securing an MBA education can be a substantial financial commitment. At the Ross School of Business, we are dedicated to ensuring that this investment is not only affordable but also offers a lasting return on investment (ROI). Let's delve into the extensive array of scholarship opportunities available to eligible admitted students.

Merit-Based Scholarships
When you submit your application for the Full-Time MBA Program, you automatically become a candidate for over 200 merit-based scholarships. You will receive notification of any scholarships awarded upon admission, and no additional application is necessary. These awards are granted based on your academic proficiency, professional and personal accomplishments, and potential contributions to our community. Scholarships range from $10,000 to full tuition.

• Dean’s Impact Scholars
  Reserved for a highly selective group of admitted students, the Dean’s Impact Scholarship acknowledges exceptional achievements and reflects our belief in your potential to effect positive change in the world through business. Beyond a full-tuition scholarship, recipients of this scholarship also receive an annual stipend to support educational travel, leadership development experiences, and non-tuition expenses.
  
• Dean's Fellows
  Admitted students selected as Dean's Fellows are granted full-tuition scholarships. These fellows gain the opportunity to network with alumni senior leaders across various industries, fostering unique connections with fellow fellows and faculty members throughout their Michigan Ross journey.

Focused Scholarship Opportunities

• Health Innovation Scholars Program - Healthcare: This program offers scholarships to MBA applicants interested in healthcare. It encompasses a full-tuition scholarship, professional development funding, and networking opportunities with alumni and peers who share similar career interests. No separate application is necessary, as all applicants listing healthcare as their desired career path are considered.
  
• Forté MBA Fellowship - Gender Equity: The Forté Fellowship provides financial support and additional resources to MBA applicants, regardless of gender identity, who exhibit outstanding leadership skills and a commitment to Forté's mission of empowering women to pursue meaningful careers through access to business education, opportunities, and a supportive community. Michigan Ross has been a proud partner of the Forte Foundation since its establishment in 2003.
  
• Yellow Ribbon Program - Military: Since 2009, Michigan Ross has wholeheartedly supported the Yellow Ribbon Program without any limitations on the number of students or costs involved. This initiative covers unmet tuition needs for all post-9/11 GI Bill students who are 100% eligible.
  
• The Consortium - African or Black Americans, Hispanic Americans, American Indians: A merit-based scholarship awarded to applicants who have demonstrated a commitment to The Consortium For Graduate Study in Management's mission of increasing the representation of Black, Hispanic, and American Indian students in American business schools and corporate management. The fellowship is available to all U.S. citizens or permanent residents, regardless of race or ethnicity. Students applying through The Consortium are eligible for either a Consortium Fellowship or a Michigan Ross scholarship.
  
• ROMBA LGBTQIA2S+ Fellowship - LGBTQIA2S+: Through Reaching Out, the ROMBA Fellowship offers funding and access to leadership programs for future LGBTQIA2S+ business leaders. Interested students should inform Reaching Out of their intention to apply for the fellowship. Upon receiving an offer of admissions from Michigan Ross and a fellowship offer, Ross will notify Reaching Out of its selected fellows.
  
• Tauber Institute for Global Operations Scholarships - Operations: The Tauber Institute for Global Operations provides numerous scholarships to students in the program. No separate application is needed, as all Tauber students are considered. Recipients are informed of their selection after admission to the program.
  
• Erb Institute Scholarships - Environmental Sustainability: The Erb Institute offers various funding opportunities. For recruitment scholarships, you may apply once you have been admitted to either Michigan Ross or the School for Environment and Sustainability and have submitted an application to the other school. Notifications of awards are typically made within a month.
  
• True Grit - Domestic and International Students: Partial and full-ride scholarships are available to Full-Time MBA students who have demonstrated remarkable resilience in the face of adversity. Recipients may include students who are the first in their families to pursue a degree, individuals who have overcome personal obstacles, veterans, or those who have displayed personal fortitude and resilience in various ways.

Additionally, the Ross Financial Aid Office regularly posts scholarship opportunities throughout the year. Some scholarships are need-based, and we encourage students to complete the Free Application for Federal Student Aid (FAFSA) online at studentaid.gov/h/apply-for-aid/fafsa to be considered for all available scholarships. You will receive email notifications when scholarship opportunities become available.

Scholarship Opportunities for Second-Year Students

Alumni Board of Governors Award - Merit, Community Service: This award encompasses need, merit, and community service components. A separate application is required, and one second-year MBA student is chosen to receive $7,500.

Ross Community Impact Scholarship - Merit, Leadership: This scholarship provides funding to first-year MBA students with outstanding academic records who have made significant contributions to the MBA community or their chosen field of study. Recipients receive up to $10,000 in scholarship during their second year of the program. Students interested in applying can contact roassadmissions@umich.edu.

McGowan Fellows Program - Merit: McGowan Fellowships are granted to eligible second-year MBA students who rank in the top 5% of their class, are pursuing a single degree, and meet specific criteria. Recipients receive a full-tuition scholarship for the second year of their program.

J. Ira Harris Merit Award: The J. Ira Harris Merit Award is conferred upon students selected by the MBA program. No application is necessary, and ten second-year MBA students are chosen to receive $5,000 each.

Skip and Carrie Gordon Scholarship - Impact: Second-year MBA students who exhibit a remarkable commitment to addressing complex social issues can apply for the Skip and Carrie Gordon Scholarship. Two recipients are selected annually to receive $5,000.

The Leslie Adkins Endowed Scholarship - Underrepresented Minorities: This scholarship is offered to eligible second-year MBA Consortium members who have not received a full-tuition Consortium fellowship. Past recipients have typically been awarded $10,000.

Zell Lurie Institute Scholarships - Entrepreneurship: The Zell Lurie Institute scholarship program is merit-based and targets rising second-year MBA students with a keen interest in entrepreneurship. Eligible students should have achieved a commendable GPA during their first year and demonstrated outstanding academic performance, strong entrepreneurial knowledge and interests, and active engagement with relevant courses, programs, and leadership opportunities.