Saturday, 13 April 2013

Ross School of Business | Michigan | MBA full time Admission Details

To apply to the Ross School of Business, we ask that you submit a variety of materials for us to best assess your qualifications for our Full-time MBA program.  Below is a list of the application components we require. Each piece of the application plays an integral role in the overall admission evaluation; no single piece of the application is weighted more heavily than another. Please note that ALL materials need to be received by the posted deadline for the round in which you apply.
  • Current resume
  • GMAT or GRE - test scores are valid for five years from the date you took the test to the application deadline date.
  • If international, TOEFL or IELTS - test scores are valid for two years from the date you took the test to the application deadline date.
  • Undergraduate and post-graduate transcripts (and degree documents if applicable).  Before applying, students must complete the equivalent of a four-year U.S. bachelor's degree.
  • Two letters of recommendation (must be submitted online)
  • Essays
  • Nonrefundable U.S. $200 application fee
  • Interview (after application is submitted and by invitation only)
In order to build a strong and diverse class, we look for applicants who possess a number of key characteristics:

  • Strong intellectual ability as measured by GMAT and academic record
  • Leadership, initiative, and impact as evidenced through professional achievements, extracurricular activities, recommendation letters, and personal essays
  • Strong interpersonal and teamwork skills as demonstrated through recommendation letters and essays
  • Clear goals and rationale for pursuing an MBA as demonstrated through essays
  • Fit with the Ross approach to management education as demonstrated through essays
Additional items:
  • Traditional business background not required
  • Individual evaluation occurs within context of larger applicant pool
  • No “formula” or “cutoff” determines a candidate’s outcome
  • There are no prerequisite courses for admission
  • Due to the analytical rigor of the program, it is expected that students have a working knowledge of college-level mathematics, including basic calculus.  If you have not had this coursework, we recommend that you take a course that emphasizes business mathematics prior to beginning the program.  If you have basic math knowledge but need a refresher, you may want to take our Quantitative Skills Workshop prior to the start of classes.

Admission & Tuition

At Ross, we believe that the lack of necessary financial resources should not be a barrier to attending our MBA Program. A number of scholarships, fellowships, and guaranteed loan packages are available, and approximately two-thirds of students at Ross receive some form of financial aid.

Estimated Expenses for 2012 – 13

  • Tuition and Fees $50,194 (Michigan Resident)
    $55,194 (Non-Michigan Resident)
  • Books $1,716
  • Room and Board $12,852
  • Federal Loan Fees $100
  • Other/Personal (includes healthcare costs) $4,042
  • Estimated Total $68,904 (Michigan Resident)
    $73,904 (Non-Michigan Resident)
All applicants are automatically considered for scholarships; no separate application is required. Apply in rounds one and two for scholarship consideration.
Loan Options
Approximately two-thirds of student financial aid for U.S. citizens and permanent residents comes from federal programs administered by the U.S. Department of Education. Ross participates in the Federal Direct and Federal Perkins loan programs. Private educational loans also are available to assist with school expenses.

We encourage you to apply in the first two rounds since these applicants have a greater opportunity to be considered for scholarships. In addition, only students admitted from the first two rounds will be able to attend Go Blue Rendezvous, our admitted student weekend in April. We also recommend international students apply in Round 1 or Round 2 because of visa requirements and to ensure consideration for scholarships. Deadlines follow:
Round 1
Applications due Oct. 10, 2012
Decisions posted Dec. 20, 2012
Round 2
Applications due Jan. 3, 2013
Decisions posted March 15, 2013
Round 3
Applications due March 4, 2013
Decisions posted May 15, 2013

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