Ross School of Business has continued with its focus on attracting an international cohort. While doing so, the school has eased the entry criteria for GMAT, GRE and GPA.
In this in-depth analysis of Ross Full-time MBA program, we cover:
- Ross MBA Class Profile
- Ross MBA Incoming Class - Pre-MBA Undergraduate Degree
- Ross MBA Incoming Class - Pre-MBA Industry
- Ross MBA - Fees and Total Cost
Ross MBA Class Profile
The Class of 2025 was around a similar size as the 2024 class. Although the GMAT scores witnessed a minor dip from 722 to 720 to 719 over a 3-year period, the experience of the class improved to 5.8 years from 5.6, compensating for the academic entry criteria. The GPA criteria have also been falling for Ross, while the admissions team has prioritized increasing the international percentage in the class from 28% for the class of 2023 to 43% for the class of 2025. Average GRE also remains on the lower side with 162 Quant and 160 verbal.
| Ross MBA | Class of 2025 | Class of 2024 | Class of 2023 |
| Class Size | 379 | 380 | 398 |
| GMAT | 719 | 720 | 722 |
| GPA | 3.43 | 3.5 | 3.53 |
| Pre-MBA Experience (years) | 5.8 years | 5.6 years | 5 years |
| International Students | 43% | 36% | 28% |
| Women | 43% | 42% | 46% |
Ross MBA Incoming Class – Pre-MBA Undergraduate Degree
The Class of 2025 has 4% more STEM candidates, aligning with the market trend of AI and Consulting opportunities emerging in the domain. The business background has been on a declining path, falling 4% each for the past 3 years. The era of management degrees for technical candidates has begun. Ross has not fully embraced the market dynamics as the school has maintained the 22% humanities background in the cohort.
| Pre-MBA Undergraduate Degree | Class of 2024 | Class of 2023 |
| Business | 38% | 42% |
| STEM | 40% | 32% |
| Humanities | 22% | 28% |
Ross MBA Incoming Class – Pre-MBA Industry
The title of Ross as a Consulting school has not been fully embraced by candidates from Consulting as the Pre-MBA industry has been on a free fall for the past 3 years. The career switchers that are maintaining Ross’ reputation as a consulting school are the technology cohort who want to get out of technology consulting to the business side of technology solutions. Finance is another group that has also embraced consulting opportunities post-MBA at Ross.
| Pre-MBA Industry | Class of 2024 | Class of 2023 |
| Consulting | 19% | 23% |
| Education/Non-Profit/Government | 11% | 13% |
| Finance | 14% | 11% |
| Healthcare | 14% | 8% |
| Consumer Goods | 4% | 4% |
| Technology | 11% | 4% |
Ross MBA Fees and Total Cost
The tuition fee stands at $70,392, with a slight increase to $75,392 for non-Michigan. Essential costs include a mandatory fee of $166 and $1,844 for books and supplies. For sustenance and shelter, food and housing expenses amount to $18,704. Managing personal needs and extracurricular requires an allocation of $6,820. Additional loan fees account for $224. Consequently, the comprehensive cost sums up to $98,150, with a variation of $103,150 for non-Michigan residents.
| Ross MBA | Cost (2023-24) |
| Tuition Fees | $70,392 ($75,392 for Non-Michigan residents) |
| Mandatory Fee | $166 |
| Boos and Supplies | $1,844 |
| Food and Housing | $18,704 |
| Personal | $6,820 |
| Loan Fees | $224 |
| Total Cost | $98150 ($103150 for Non-Michigan residents) |
Read the Second Part of the Ross MBA Analysis - Ross MBA Curriculum
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