University of Michigan (University of Michigan) Job Outcomes: Job Opportunities & Placement rate, Packages ,Ann Arbor,USA

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Pranjal Singh

The University of Michigan is among the top 100 universities in the world and offers better placement opportunities to students. The university delivers many undergraduate and postgraduate courses to students and provides a job option to students after completing the degree. If we focus on the University of Michigan Placement, then according to the newly released employment data, the Michigan Ross full-time class of MBA 2022 has set records for acceptance rates, job offers, and median salary packages. Ross School of Business graduates landed a USD 165,000 median salary and received a USD 192,270 median salary package. The full-time MBA graduates went into industries like Consulting, Healthcare, Tech, etc.

Some top employers hire graduates, i.e. Amazon, Boston Consulting Group, Deloitte, etc. The University of Michigan’s Ross School of Business offers career services to students that help them find the desired employment. The impressive University of Michigan MBA Placement makes the university a perfect choice to study MBA in the USA for international students. Due to the high ranking and the University of Michigan Acceptance rate, admission to the management program become difficult. The University ranks among the top MBA Universities in the world for the past few years.

Check: University of Michigan Admission

Michigan Ross School of Business Placement Highlights 

Details

Data

Median salary

USD 165,000 (Landed)

USD 192,270 (Package received)

Top Employers

Amazon, Boston Consulting Group, PepsiCo, Microsoft Corp, Deloitte, McKinsey & Co, Bain & Co

Job Offers received

99% of graduates received job offers 3 months after graduation

Location for jobs

2/3 of the class of 2022 landed jobs on the East Coast, West Cost, or in Chicago

Percentage of graduates who went into Consulting or Tech

60%

Total median compensation package

USD 192,000

Ross School of Business Class Profile 

Check the details for the University of Michigan Ross School of Business given below:

  • Class size: 380
  • Average GPA: 3.5
  • Average GMAT score: 720
  • Women: 42%
  • U.S. Student of Color: 42%
  • International students: 36%
  • Undergraduate majors: 38% Business, 40% STEM, 22% Humanities
  • Average GRE score: 160
  • U.S. Underrepresented students of color: 23%

The University of Michigan Ross School of Business Employment Profile 2022

The newly released employment data specifies that it was a record-breaking year for the most recent graduating class from the full-time MBA program at the Ross School of Business. Check the data given below:

  • 99% of graduates received job offers three months after graduation
  • 98.4% of graduates accepted jobs within 3 months of graduation
  • Graduates landed a USD 165,000 median salary
  • Graduates received a USD 192,270 median salary package
  • 42.2% of graduates went into Consulting
  • Two-thirds of the class of 2022 landed jobs on the East Coast, West Coast, or in Chicago

Ross School of Business Timing of Job Offers

Check the timings of job offers for the graduates of the Ross School of Business given below:

Type of students

Received first offer by Graduation

Received first offer within 3 months of Graduation

U.S. citizen / permanent citizen

93.2%

99.2%

Foreign National

92.9%

98.2%

Total

93.1%

99.0%

Ross School of Business Top Employers 2022 

Given below are the top employers who hired graduates from the Ross School of Business. In addition, 23% of all graduates and 55% of consultant hires were made by McKinsey, Bain, and BCG.

Top Employers of 2022

Boston Consulting Group

McKinsey & Co.

Bain & Co.

Amazon

PepsiCo

EY-Parthenon

Deloitte

Microsoft Corp.

JP Morgan Chase & Co.

Dell Technologies

Other employers: Citi, Nike Inc., Google Inc., Adobe Inc., Cisco Systems Inc., Morgan Stanley, Bank of America, Boeing, American Express Co, Meta, Pfizer, Apple Inc., Wayfair, Walmart Inc., Barclays PLC, etc.

Ross School of Business Placement Stats by Industry 2022

Check the data given below to know the Ross School of Business placement statistics industry-wise. . 

Industries

Placement  Statistics

Consulting

42.2%

Technology

17.3%

Financial Service

15.0%

Healthcare

6.3%

Consumer packaged Goods

5.3%

Energy

3.0%

Manufacturing

3.7%

Retail

2.0%

Real Estate

1.0%

Others

4.2%

Ross School of Business Industry-Wise Base Salary Median

Check the industry-wise data for the MBA graduates of the Ross School of Business class 2022 given below.

Industry

Base Salary Median

Consulting

USD 175,000

Consumer Packaged Goods

USD 120,000

Energy

USD 125,000

Financial Services

USD 175,000

Healthcare (including products and services)

USD 140,000

Manufacturing

USD 125,000

Real Estate

USD130,000

Retail

USD 127,500

Technology

USD 136,000

Other

USD 141,000

Ross School of Business Average Salary by Jobs

Check the function-wise job titles with their base salary median for the graduates of Ross School of Business from the table given below:

Function

Base Salary Median

Business Development

USD 145,000

Consulting

USD 175,000

Finance

USD 175,000

General Management

USD 132,600

Marketing / Sales

USD 130,000

Operations / Logistics

USD 132,600

Other

USD 125,000

The University of Michigan Part-time Jobs

The University of Michigan has a student employment office where they can find both full-time and part-time jobs. Students can search and apply for part-time Work-Study and regular (non-Work-Study) jobs. There are two types of jobs listed on this site: Federal Work-Study and non-Work-Study. Federal Work-Study jobs are only available to U-M undergraduate and graduate students who have applied for financial aid and been awarded Federal Work-Study funding. All non-Work-Study jobs are available to all U-M students.

Check: Part-Time Jobs in the USA

Ross School of Business Placements Placement Support

The Michigan Ross Career Development Office is with its students at every step of the way to help them find and land a job they love. Some of these resources include:

  • Career Action Days: It is a series of interactive programs and panels that help students set a search strategy, polish their stories, and learn what recruiters are looking for in a candidate. Some of the sessions included in this are: Developing your networking skills, Alumni panels discussing varied career fields, How to “MBA-ize” your resume, Social media best practices, and so on.
  • Recruiting Prep Course: Students are assigned a career coach. They can meet the coaches before classes begin to participate in a prep course that will help them in narrowing their interests.
  • Coaching on search Strategy: Students are encouraged to develop a personalized job-search plan with the experienced Career Development Office staff and/or second-year MBA peer career coaches.
  • Career Self-Assessment: Students can benefit from the Career Leader self-assessment program to use their interests, motivations, and skills to find the perfect career.
  • Interest-Specific Carer Treks: The Career Development Office leads treks with student clubs throughout the year across the country. From Salesforce, and L’Oreal to Pepsi and J.P. Morgan, the team organizes a trek to meet with companies and recruiters in that industry.
  • FACT Groups: Students can join one of the Functional Accountability Career Teams to get weekly guidance and support from a team of peers and second-year MBA coaches. These coaches walk students through the recruiting process step by step.
  • Summer Business Experience: Interested students can fulfill their Summer Business Experience requirement with the support of the Career Development Office. The office provides assistance and coaching to secure traditional internships, and offers information about non-traditional options available through Ross centres, institutes, and initiatives.

 

Michigan Ross School of Business Placements FAQs

Q. Is the University of Michigan a good business school?

A. U.S. News & World Report has placed the University of Michigan – Ann Arbor (Ross) at the No. 10 for best business schools and No. 7 for part-time MBA in the 2023 rankings.

Q. What are the key points of the placements at the University of Michigan Ross School of Business for 2022?

A. Michigan Ross full-time MBA class of 2022 has set many records. As per the data, 99% of the graduates received job offers three months after graduation and 98.4% of graduates accepted jobs within 3 months of graduation. The graduates landed a $165,000 median salary. Some of the top industries where the graduates got placed were Consulting, Financial Services, Technology, Healthcare, Manufacturing, etc. 60% of the graduates went into Consulting or Tech.

Q. Who were the top recruiters for the full-time MBA class of 2022 of Ross School of Business?

A. The top recruiters that hired the graduates from Ross School of Business were McKinsey & Co, Boston Consulting Group, Amazon, PepsiCo, Deloitte, Microsoft Corp, JP Morgan Chase & Co. Other hiring companies were Google Inc, Adobe Inc., Morgan Stanley, Boeing, Meta, Pfizer, Root, Apple Inc., etc.

Q. List the median salary of the graduates of Ross School of Business.

A. In Business Development, the base salary median was $145,000, for Consulting it was $175,000, for Finance it was $175,000, for General Management it was $132,600.

Q. What kind of career services are provided at the University of Michigan Ross School of Business?

A. The Career Development Office at the Ross School of Business helps you find and land a job you love. For this, career action days will be arranged. You can develop a personalized job-search plan with office staff and second-year MBA peer career coaches in your field. Also, the career development office leads treks with student clubs throughout the year and here, you can meet with recruiters.

Q. In which industry the graduates from Ross School of Business went?

A. The highest number of full-time MBA graduates went into Consulting. Many other graduates went into Tech, Financial Services, Healthcare, and Consumer Packaged Goods. In addition, 15.3% of the class went into sustainability roles, up from 10% of last year’s graduating class.

Q. Where did the graduates of class of 2022 of Ross School of Business went on to do the jobs?

A. two-thirds of the class of 2022 landed jobs on the West Coast, East Coast, or in Chicago. Of the offers and acceptances, 85% were school facilitated by the Career Development Office or sourced on campus.

Q. Does Ross MBA require work experience?

A. As such it does not require a number of years of work experience prior to entering the Ross MBA program but almost all incoming Ross students have worked for a minimum of 2 years. The average Ross student enters the MBA program with 5 years of work experience.

Q. What is Michigan Ross famous for?

A. Michigan Ross School of Business is a top-ranked business school that offers action-based learning to prepare graduates for today's ever-evolving world. The impact of the Ross School of Business extends beyond the classroom as it aims to set a new standard in business and business education.

Q. What type of MBA pays the most?

A. An MBA concentration helps students focus their degree and prepare for specialized career paths. The highest-paying MBA concentrations include consulting, finance, and technology. The University of Michigan MBA program is popular worldwide for quality education and better placement.

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Location
University CityAnn Arbor, Michigan, USA
Population of City1,21,477

Contact Details

Address

500 S. State Street, Ann Arbor, MI 48109 USA
Ann Arbor ( Michigan)

Email

ashturn@umich.edu