What Is Stephen M. Ross School of Business?

Stephen M. Ross School of Business is the business school at the University of Michigan. Founded in 1924 and located in Ann Arbor, Michigan, the school offers both undergraduate and graduate programs.

The Stephen M. Ross School of Business is well-known for its Master of Business Administration (MBA) program, which places a high level of emphasis on real-world experience and problem-solving. It is commonly ranked among the 10 best MBA programs in the world by leading publications such as The Economist, Forbest, and U.S. News.

In 2019, the Stephen M. Ross School of Business’s full-time MBA program was rated as the 10th-best program globally by Forbes and U.S. News, while it received an 8th-place rating by The Economist.

Key Takeaways

  • Stephen M. Ross School of Business is a business school located at the University of Michigan in Ann Arbor, Michigan.
  • The MBA program at Stephen M. Ross School of Business is known for its emphasis on problem-solving in real-world business situations and is consistently ranked among the 10 best MBA programs worldwide.
  • In recent years, graduates of the Stephen M. Ross School of Business have pursued careers in industries such as management consulting, financial services, and the technology sector.

Overview of Stephen M. Ross School of Business

Previously known as the University of Michigan School of Business Administration, the Stephen M. Ross School of Business received its current name in 2004, following a $100 million naming gift by the real-estate developer and philanthropist, Stephen M. Ross. Today, Stephen M. Ross School of Business is home to about 4,200 students spread across their undergraduate and graduate programs, as well as over 150 full-time faculty members.

The Stephen M. Ross School of Business’s programs include undergraduate majors in core business school subjects such as accounting, finance, management, and marketing. Additionally, the school operates a network of research centers focusing on specializations such as leadership training, sustainable development, and entrepreneurship. These include the Sanger Leadership Center, the Erb Institute for Global Sustainable Enterprise, and the Zell Lurie Institute, among others.

Arguably the most distinctive feature of the Stephen M. Ross School of Business is its emphasis on real-world business experience. This is accomplished through a variety of avenues, depending on the career trajectory of the individual student. For example, students pursuing careers in investment management can get hands-on experience by managing one of the school’s six investment funds. Similarly, students interested in management consulting can gain valuable experience by working directly with participating local businesses, as well as with similar business partnerships overseas.

Graduates of Stephen M. Ross School of Business

With an annual tuition of roughly $70,000, graduates of the MBA program at Stephen M. Ross School of Business saw an average starting salary of just under $130,000 in 2019, with over 90% of students having already received their job offers by the time of graduation. 

In recent years, the single largest industry pursued by graduates of Stephen M. Ross School of Business has been management consulting, representing about one-third of the graduating class of 2019. The technology and financial services sectors were the next most popular choices, together amounting to one-third of the graduating class.