Ross School of Business
Ann Arbor, United States
- Cost of Living$ 16,392
- Tuition Fee From$ 27,784
- Country Rank-
- Batch Strength3,295
- Global Diversity-
- Gender Ratio-
Overview
About
The Ross School of Business is the business school of the University of Michigan, located in Ann Arbor, Michigan, United States. It was founded in 1924 and is one of the top business schools in the world. The idea for opening a separate business school came from the Economics department of the University of Michigan. The first course offered here was a two-year Master of Business Administration.
This B-school offers undergraduate, MBA, Executive MBA, and PhD programmes in fields such as accounting, finance, marketing, strategy, and entrepreneurship. They also offer dual degrees with other colleges and schools at the university. Adding to their myriad of courses, lastly is a Distinguished Leader Certificate programme which is offered under the Executive Education programme. The school is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and has consistently ranked among the top business schools in the United States. They also have several research centres and initiatives, including the William Davidson Institute, the Zell Lurie Institute for Entrepreneurial Studies, and the Erb Institute for Global Sustainable Enterprise.
Ranking
The school is ranked #10 in Best Business Schools published by U.S News and World Reprot in 2022. It was also positioned at #17 in QS World University Rankings 2022. This prestigious business school has also been ranked by a number of other publications whose rankings can be found below:
- #21 - Overal Rank - Economist 2022
- #15 - Regional Rank - Economist 2022
- #15 - Best B-Schools - Bloomberg 2022
Course-wise Rankings:
- #7 - Part-Time MBA - US News and World Report 2023
- #5 - Executive MBA - US News and World Report 2023
- #1 - Masters in Management programme - QS World University Rankings 2022
- #3 - Masters in Supply Chain Management - QS World University Rankings 2022
- #26 - Global MBA - Financial Times 2023
- #51 - EMBA - Financial Times 2023
Year
QS Ranks
US News Ranks
2023
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Facilities
The Ross School of Business has a beautiful and modern campus, which includes several buildings that house classrooms, study spaces, faculty offices, and administrative offices.
The main building of the Ross School of Business is the Stephen M. Ross School of Business Building, which was designed by the renowned architect Kohn Pedersen Fox Associates.
- The Davidson Winter Garden is a new main entryway which features a bright, open, and highly visible community space with an informal lounge, study rooms, and café. It also includes The Winter Garden which is surrounded by the auditorium, faculty offices, and classrooms, promoting interaction between staff and students.
- The classrooms here have up to 95 seats and the most recent technology, including wireless connectivity, audiovisual presentation equipment, and video conferencing. To encourage small group talks between courses, student group study spaces with room for up to 10 students encircle the classrooms.
- This building also has a beautiful outdoor area. The colloquium is a rooftop meeting space with stunning views of the campus and space for 400 people. Events for faculty members are held on the faculty terrace which is another outdoor area at the Ross Business School's campus.
Notable Alumni
Courses
Admission
Ross School of Business Entry Requirements
This business school has a number of high-quality courses which students can apply from. The application process takes place entirely online on the university’s website. Once all the documents have been submitted, students need to make a mandatory application fee payment of $200 for MBA and $75 for undergraduate programmes. International students need to have a minimum score of 70% in their secondary school and bachelor's degree results. Each applicant must provide the following documents to securely finish submitting their application:
- Official Academic Transcripts of High School
- Letter (s) of recommendation
- Statement of Purpose
- Proof of financial support
- Passport
- Two passport-sized photographs
- Minimum English Test Scores - TOEFL (100)
- Test scores or GRE/ GMAT if asked by the university
- Resume or CV showing work experience
- Any other country-specific or course-specific requirements
Ross School of Business Fees
The Ross School of Business offers a variety of programmes with different fee structures. Here is a breakdown of the fees for some of the programmes:
- Master of Business Administration [M.B.A] - $37,840 /Yr
- Master of Management [M.Mgmt] - $27,784 /Yr
- Bachelor of Business Administration [B.B.A] - $29,015 /Yr
- Master of Business Administration [M.B.A] Finance - $37,840 /Yr
Placements
Some of the major employers at this institution are Accenture Strategy, Amazon, American Express Co., Bank of America Merrill Lynch, Morgan Stanley, and PepsiCo Inc. Graduates of the Ross School of Business earn a median base income of $135,000. Graduates are offered positions such as Chief Financial Officer, Marketing Director, Director of Operations, Business Development Manager and Senior Product Manager.
Scholarship
Regardless of the program you are studying, there are several scholarship opportunities provided by the university as well as other organizations. With so many scholarships available now, overseas students can greatly lower the financial burden of studying in a new country. You can apply for scholarships to study at the Ross School of Business through UniScholarz. You can find the following types of scholarships based on your academic performance and financial situation:
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Merit-based scholarships
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Need-based scholarships
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Country-specific scholarships
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College-specific scholarships
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Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the Ross School of Business. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend the Ross School of Business. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, en-suites, and more! You have the option of staying on campus in the university halls of residence or a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the university, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
Ann Arbor is a city located in the state of Michigan, in the United States. It is the county seat of Washtenaw County and is situated about 40 miles west of Detroit. The city is home to the Ross School of Business. which contributes significantly to the city's economy and cultural life. The city is also known for its many parks and recreational opportunities, as well as its excellent restaurants and cafes. In addition, Ann Arbor is known for its progressive politics and for being a hub of innovation and entrepreneurship. Students can visit the artistic downtown of this city which has CultureVerse Gallery and SCANN ARBOR, A2AC Mural Walk, Ann Arbor Art Centre etc. The rent as well here is cheap for students which on average is 47.9% lower than in New York. Hence when it comes to living here, students can consider the following expenses:
|
Particulars |
Cost (Monthly) |
|
Off-Campus Accommodation |
$730 |
|
On-Campus Accommodation |
$1,106 |
|
Transportation |
$100 |
|
Food Cost |
$327 |
|
Utility Cost |
$160 |
|
Entertainment |
$44 |
|
Groceries |
$56 |
|
Clothes |
$109 |
|
Health Insurance |
$80 |
|
Total Cost of Living with Off-Campus Accommodation |
$1,606 |
|
Total Cost of Living with On-Campus Accommodation |
$1,982 |
|
Annual Cost of Living |
$19,272 |