Ann Arbor, US · 21 months · class of 379
Michigan Ross MBA: cost, salary and payback
First in our consumer goods ranking, 33.5% of the class in consulting, and a $170,000 median base salary for the Michigan Ross class of 2025.
Paid back after graduation in
4.2 years
Total cost $381,433 · 10-year NPV $236,467
| Tuition and fees, whole program | $163,269 |
| Living budget | $60,664 |
| Salary given up, 21 months | $157,500 |
| Total cost | $381,433 |
| Salary after: median base salary | $170,000 |
| Signing bonus × share receiving it | $27,300 |
| 10-year net present value | $236,467 |
| Return on the cost (present values) | 63% |
US dollars at the ECB rate of the last update. Raises of 5% a year with the MBA and 3% without, discounted at 5%, before tax. How this is calculated.
Fees and budget read on October 13, 2026 · employment: Class of 2025 (school standard) · Built by Radif Partners · Method
- Tuition and fees
- $163,269
- Total cost, salary given up included
- $381,433
- median base salary
- $170,000
- Payback, reference person
- 4.2 years
Two years of the Michigan Ross full-time MBA cost $223,933 in tuition, fees and the school's living budget at the rate for non-Michigan residents and international students, before the salary you stop earning. These are the 2025-26 rates, the latest the school's page showed when we read it, counted for both years, so the bill for an entering student may be higher. For a person earning $90,000 today, the 21 months away add $157,500 and the total reaches $381,433. The class of 2025 reported a median base salary of $170,000, and 91% received a signing bonus with a median of $30,000. On the salary alone, the model repays the total 4.2 years after graduation, with a ten-year net present value of $236,467. What sets Ross apart is the range of the class: 33.5% in consulting, 11% in consumer goods and retail and 10.2% in healthcare.
The consumer goods pipeline
Ross ranks first of 21 schools in our consumer goods ranking, on 11% of graduates in packaged goods and retail. The function table explains how: 16.2% of the class took brand or product management roles at a $127,500 median, the usual entry into packaged goods companies. That salary sits well below the consulting median of $190,000, so a brand manager repays the degree later than a consultant: test the brand figure in the calculator rather than the school median.
Healthcare is the other unusual line, 10.2% of the class at $138,500, number 5 of 22 in our healthcare ranking. General management took 19.1% of graduates, more than finance as a function at 17.8%, and operations 6.4%.
Michigan Ross: where the class went
Share of the class
33.5%
| Salary reported | $190,000 |
| Graduates, about | 127 |
| Payback with that salary | 3.4 years |
Reference person earning $90,000 before the MBA.
Consulting and banking still lead
None of this makes Ross a small consulting school. 33.5% of the class went into the industry at $190,000, with Boston Consulting Group and McKinsey hiring 16 graduates each, which puts the school number 6 of 38 in our consulting ranking. On the consulting median, the reference person repays the full cost 3.4 years after graduation. Ross reports finance by function rather than by segment: investment banking took 10.3% of graduates at $175,000. 97% of graduates took a job in the United States, with the Midwest, the New York area and the West Coast the main destinations. International students who want to work at home afterwards will find few precedents in this report.
Reading the cost lines
Tuition is $81,152 a year for non-residents; Michigan residents pay less. The $60,664 living figure is the school's estimate for one academic year in Ann Arbor, counted twice, and it shows no line for transport or health insurance; students on F or J visas also pay an extra service fee each term on top of the fees counted here. Expect the real budget to land above it, and add both before trusting the payback below. Choosing Ross for consumer goods also means typing the brand management median into the salary field: the gap with the school median is the price of that path. On the overall model, Ross ranks number 12 of 40.
Michigan Ross: when the MBA pays back, for your salary
Payback after graduation
4.2 years
| Total cost with the salary given up | $381,433 |
| Salary after (median base salary) | $170,000 |
| 10-year NPV | $236,467 |
Same assumptions as the main calculator; US dollars.
Where Michigan Ross stands in our rankings
- #12 of 40 · Any industry (whole class)
- #6 of 38 · Consulting
- #15 of 39 · Finance, all segments
- #22 of 40 · Technology
- #9 of 39 · Working in the United States
Our fit score, reference person earning $90,000 before the MBA (method). Third-party rankings play no part in it. For reference, Michigan Ross was ranked 34 in the FT Global MBA 2026.
What the Michigan Ross MBA costs
| Item | Amount |
|---|---|
| Tuition, whole program (published yearly rate ×2.00) | $162,304 |
| Mandatory fees | $965 |
| Living budget, whole program | $60,664 |
| Salary given up: $90,000 a year for 21 months | $157,500 |
| Total cost, reference person | $381,433 |
Michigan Ross employment report: Class of 2025
| Measure | Value |
|---|---|
| Median base salary | $170,000 |
| Signing bonus (median) | $30,000, received by 91% |
| Graduates who accepted an offer within three months | 84.3% |
Michigan Ross graduates by industry
| Industry, as the school names it | Share | Salary |
|---|---|---|
| Consulting | 33.5% | $190,000 |
| Financial Services | 19.5% | $175,000 |
| Technology | 13.1% | $143,000 |
| Consumer Packaged Goods + Retail | 11% | not published |
| Healthcare | 10.2% | $138,500 |
| Other | 6.4% | $136,000 |
| Manufacturing | 3.8% | $142,500 |
| Energy | 2.6% | $156,000 |
Where Michigan Ross graduates went to work
| Region | Share | Salary |
|---|---|---|
| US (US Mid-Atlantic + US Midwest + US Northeast + US South + US Southwest + US West) | 97% | not published |
Michigan Ross graduates by job function
| Function | Share | Salary |
|---|---|---|
| Consulting (total) | 36.9% | $190,000 |
| Consulting - Management | 19.5% | $190,000 |
| Consulting - General | 13.2% | $180,000 |
| Consulting - Technology | 1.8% | $130,000 |
| Consulting - Internal | 1.1% | $160,000 |
| Finance (total) | 17.8% | $175,000 |
| Finance - Investment Banking | 10.3% | $175,000 |
| Finance - Corporate | 2.9% | $130,000 |
| Finance - Private Equity/Venture Capital | 1.8% | $175,000 |
| General Management | 19.1% | $140,000 |
| Marketing/Sales (total) | 16.5% | $127,000 |
| Marketing/Sales - Brand/Product Management | 16.2% | $127,500 |
| Operations/Logistics | 6.4% | $136,400 |
| Business Development | 1.7% | $140,000 |
| Other | 1.7% | $198,000 |
Employers named by Michigan Ross
Boston Consulting Group (16) · McKinsey & Co. (16) · Amazon (10) · Deloitte (8) · PwC Strategy& (7) · Bain & Co. (7) · EY Parthenon (6) · Bank of America (5) · Barclays PLC (4) · Citi (4) · PepsiCo (3) · Kearney (3) · JP Morgan Chase & Co. (3) · Nike (3) · Capital One (3) · Danone North America (3) · Microsoft (3)
Number of hires in brackets where the school gives it.
The Michigan Ross class
| Measure | Value |
|---|---|
| International students | 40% |
| Women | 39% |
| Average years of work experience | 5.8 |
| Nationalities | 32 |
| Class size | 379 |