UNIVERSITY OF MICHIGAN

Ross School of Business

USD 10,000 - USD 119,000 loan size
up to 20 years loan term

Courses supported

Master of Accounting
MBA
Master of Supply Chain Management
Master of Management
Weekend MBA
EMBA
Ross MBA/Ford MPP Dual Degree
Master of Business Analytics
Global MBA

About the school

The Stephen M. Ross School of Business at the University of Michigan was established in 1924 and is popularly known as Michigan Business School or Michigan Ross. The business school, located in the university’s central campus in Ann Arbor, has been consistently ranked among the best business schools worldwide.

Michigan Business School is committed to building a better world through business. It remains committed to making a positive difference in the world by empowering business leaders through powerful, purpose-driven ideas bound to impact overall well-being positively.

Some of the business school’s alumni who have made significant impacts are Rachna Dhingra (renowned social activist working with survivors of the Bhopal gas tragedy), Major Julie Aho (director of Supply Chain Modeling & Optimisation, US Marine Corps), and John M. Fahey, Jr. (president and CEO of the National Geographic Society).

Ann Arbor is a city just west of Detroit and famous for being home to the University of Michigan. The Big House, the biggest football stadium in the country, can also be found here. Furthermore, Ann Arbor hosts the annual Art Fair each year in July, the most significant art fair in the nation that brings together thousands of artists.

Where is the school located?

Life at the Ross School of Business

With over 56,000 alumni in 114 countries, the Ross School of Business is truly a global school. The vibrant international community has helped build intercultural relationships across the globe, adding to the school's rich tapestry of talent.

The University of Michigan has a variety of on-campus residential halls and housing communities with accommodations designed to fit the needs of students from different backgrounds. An extensive off-campus housing database and an International House and student-run Facebook groups are available.

Michigan Dining is a university-run meal plan with various options available for students in any of the university-run dining halls. Meanwhile, students can access the Och fitness centre set up to promote health and wellness.

Bicycling is encouraged as the university is an environmentally conscious campus. Free intercampus buses are also available, while cab services and city transport are conveniently available around the campus.

Additional benefits of studying at the Ross School of Business

The Ross School of Business understands that its students will impact the globe. It strives to help them better understand international business through several study abroad courses through its Global Initiative Office.

The school takes the initiative to make real-world experiences a part of its curriculum. Scholarships and internship fundings ensure that students thrive without feeling any financial burden. Appropriate funding for research for both faculty and students stands allocated.

The 179,000-square-foot campus has world-class facilities such as digital libraries, innovative classrooms, auditoriums, learning and conference centres, and more.

Ann Arbor campus

City

Ann Arbor

City Population

0.12 million

Region

Midwestern US

Climate

Ann Arbor experiences a pleasant climate almost throughout the year, with the average summer temperature being 72°F/22°C and the winter temperature averaging 25°F/-4°C

Nearest Airport

Detroit Metropolitan Wayne County Airport (DTW)

Time Zone

Eastern Time Zone (GMT -4)

Fast facts

  • World ranking in research faculty: 12 (UT Dallas Jindal School of Management 2023)
  • Rank in alumni effectiveness: 1 (The Economist Which MBA 2021 ranking)
  • Full-time MBA programme ranking: 3 (QS World University Rankings 2022)
  • Public university rank in the US: 1 (QS World University Rankings 2022)
  • Living university alumni (worldwide): 667,000+
  • Living business school alumni (worldwide): 56,000+
  • Countries represented: 114+

Admissions criteria

A general set of admission requirements is as follows:

Complete the online application providing personal information and upload all required documents. Resume or CV required as part of the application process. Official transcripts along with a degree certificate showing the title earned, the date awarded, years of attendance, all courses taken, and grade for each course. Transcript, if not in English originally, must be translated. GRE/GMAT score may be required in case of admission in a master’s course. No such requirement for PhD applicants. An English proficiency test score is a must for international students. Requirements vary between programmes, but the general requirement is TOEFL (106 iBT), IELTS (7). Letters of recommendation from a teacher or academic advisor - the majority of the graduate programmes require 3 recommendations. An academic statement of purpose and personal statement is needed for PhD applicants, while a short answer for questions listed on the application site and an essay on career goals is needed for the master’s programmes. Additional considerations vary between programmes.

Other expenses include:

Housing fees vary between $723 and $17,784 Meal plans can range between $686 per semester and $5,990 per year Books and course materials can cost around $1,126

Please consult the school’s websites for detailed information and any updates to this information.

Job placements

The Ross School of Business has one of the highest placement rates among its peers. As per 2022 records: 99% of full-time MBA graduates received job offers within 3 months of passing out The annual average salary stands at $192,270

The school has an excellent recruitment team that offers outstanding networking options thanks to an extensive global alumni network. Notable organisations worldwide hire graduates from the Ross School of Business through the Ross Recruit platform that the school operates for campus hiring.

The largest internship employers for their full-time MBA programme range from Fortune 500 companies to startups in consulting and tech. The TATA group recruited interns from the Ross School of Business in 2019.

Career fairs such as the Consulting & Finance Career Fair or the Fall Job & Internship Fair are organised both on-campus and for specific schools to allow students and recruiters to intermingle.

Prodigy Finance international student loans

Prodigy Finance offers borderless financing to international students. There is no need to provide guarantors, collateral, or cosigners. Furthermore, there are no hidden fees! Our loan facilities include no penalties for early repayment and a 6-month grace period after graduating from full-time study.

Realise your dream with a Masters programme from University of Michigan - Ross School of Business

Learn more about Prodigy Finance - if you have further questions, you can also join a webinar, visit our FAQs, or chat to a student mentor about their study abroad experience.

Source: University of Michigan - Ross School of Business

Last updated: 26 Oct 2023

The purpose of this page is to provide prospective students with basic information about the school and a selection of Courses offered by the school. Whilst we have carefully compiled the overview, Prodigy Finance does not accept any liability for any inaccuracies mistakes, omisions or outdated information in the guide and we encourage prospective students and other readers to consult with the schools's website for further information. Prodigy Finance does not have any affiliation or contractual arrangement with the school. If you are a student and need more information about applying for a loan, please contact us at info@prodigyfinance.com. Any other other queries about this page can be sent to schoolsupport@prodigyfinance.com.

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