Traditional MBA Overview
- ACCEPTANCE RATE
- 28.10%
- AVERAGE GMAT
- 720
- ENROLLED
- 754
- GMAT REQUIREMENT
- No
- MEDIAN BASE SALARY OF NEW GRADS
- $165,000
University of Michigan—Ann Arbor (Ross) requires candidates to submit a GMAT (GMAT Focus), GRE, MCAT, LSAT, PCAT, or DAT score to be considered for admission to its full-time MBA program. On average, incoming Ross students have a 720 GMAT score. Last year, Michigan accepted 28.1% of applicants to its full-time MBA program. One letter of recommendation is required with the application, and international students must submit a TOEFL IELTS score. Graduates earn a median base salary of $165,000.
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Executive MBA Overview
- ACCEPTANCE RATE, 2023-24
- 85%
- AVG. # OF YEARS OF MGMT. EXPERIENCE, 2023-24 ENTRANTS
- 9.0
- AVG. # OF YEARS OF WORK EXPERIENCE, 2023-24 ENTRANTS
- 15.0
- GRADUATION RATE, 2020-23
- 95%
- ONE-YEAR RETENTION RATE, 2022-23
- 99%
- SIZE OF 2022–2023 GRADUATING CLASS
- 101
- STANDARDIZED TESTING REQUIRED?
- No
- TOTAL APPROXIMATE COST
- $183,500
- YIELD, 2023–24
- 64%
With cohorts in Los Angeles and Ann Arbor, the University of Michigan’s (Ross) executive MBA program has students meeting one weekend a month for 21 months. The program is a standardized test that is optional, but applicants must have eight years of work experience and be required to submit one letter of recommendation. The deadline to submit for the fall semester is May 1.
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Part-Time MBA Overview
- ACCEPTANCE RATE, FALL 2023
- DNP
- AVERAGE NUMBER OF YEARS OF WORK EXPERIENCE, 2023-24 ENTRANTS
- 6.8
- AVERAGE UNDERGRADUATE GPA, 2023-24 ENROLLEES
- 3.37
- GRADUATION RATE, 2020-23
- 99%
- ONE-YEAR RETENTION RATE, 2022-23
- 96%
- SIZE OF 2022-2023 GRADUATING CLASS
- 88
- TUITION PER CREDIT, OUT-OF-STATE 5%
- $2,761
- YIELD, 2023–24 (MATRICULATES/ADMITS)
- 83%
The Ross School of Business’ part-time MBA requires standardized tests to be submitted if waiver qualifications cannot be met. One letter of recommendation is needed to apply, and international students must turn in either TOEFL, PTE, or IELTS scores. To complete the program, 57 credits are required in total. The deadline for fall admission is January 15. Four months after graduating, students earn median annual salaries of $162,500—an increase of about 65%. The program has entering classes in the spring/summer semester only.