Wednesday, October 1, 2008

Ross School of Business: University of Michigan Profile - TenADay.co.in



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Ross School of Business: University of Michigan

Their strategy of “Leading in Thought and Action” requires bridging of the academic world and practice in leading companies worldwide. The primary motivation in this is to provide the best possible learning experience for their students and, in turn, serve organizations by developing leadership talent. However, their signature action-based learning programs with companies also deliver benefits in the near term as their students develop implementable recommendations that address key organizational issues.


Programs offered:


1) BBA
2) Full Time MBA
3) Evening MBA
4) Executive MBA
5) Global MBA
6) Master of Accounting
7) Master of Supply Chain Management
8) PhD Program
9) Executive Education

BBA:

Michigan's 3-year BBA Program
Students apply to the BBA Program during their freshman year of college and begin the BBA Program as a sophomore. There is also an opportunity to apply as a high school senior through the Preferred Admission process. No matter when a student enters the program, the Michigan BBA combines the best of a liberal arts and business education.
http://www.bus.umich.edu/Admissions/BBA/

Full Time MBA:

The Ross MBA curriculum prepares you to lead by offering a combination of rigorous fundamentals, practical experience, and the freedom to explore. Their goal is to provide an educational experience that is not just first-rate, but transformational. They want you to leave with broader aspirations, the tools to achieve them, and the confidence to pursue them.

Ross MBA students are exposed to cutting-edge thought and its applications, both in and out of the classroom, through a range of focused learning opportunities available through the school’s leading institutes and centers. The very opposite of ivory towers, these centers and institutes are committed to practice, experience, and hands-on learning.
http://www.bus.umich.edu/Admissions/Mba/

Evening MBA:

The Evening MBA Program provides a rich curriculum in a flexible format to accommodate working individuals. Whether you are looking to advance with your current employer, planning to switch careers, or looking to make a change to another geographic location, a Ross MBA will get you there.

Classes are now being offered at three campuses to make commuting as convenient as possible. Courses are available at different times on the three campuses, and Evening MBAs may also take classes during the day in Ann Arbor with their peers in the Full-time MBA Program. Although some evening students earn their degree in less than three years, students typically take between three and four years to complete the program.
http://www.bus.umich.edu/Academics/EveningMBA/

Executive MBA:

True business success depends on key leaders having the strategic skills and vision necessary to attain organizational and personal goals. The Executive MBA (EMBA) Program at the Stephen M. Ross School of Business provides executives with the necessary tools and perspectives to lead their organizations into the future. The program's highly applied curriculum is built around a unique blend of analytical foundations, solution-based courses and action learning opportunities:

• Its intense focus on leadership emphasizes the development of leaders capable of solving real-world business challenges.

• Its results-oriented curriculum promotes learning and collaboration across disciplinary boundaries with outstanding peers and faculty.

• Its once-a-month format also allows busy executives to balance the pursuit of an MBA with commitments at work and at home.
With over 75 years of experience in advanced business education, the Ross School of Business is consistently recognized as one of the world's premier business schools and an unparalleled development partner when it comes to business leadership.
http://www.bus.umich.edu/Admissions/Emba/

Global MBA:

The Ross Global MBA is designed to offer companies an opportunity to educate the managers targeted to lead their company into the future. At Ross, they clearly understand the educational needs of companies and their experienced managers. In addition to a solid MBA curriculum, managers expect diverse opportunities and best-of-class training in all disciplines -- from finance and marketing, to corporate strategy and entrepreneurial studies. They expect to have the opportunity to develop a personal network with elite managers from major international firms as well as with the Ross faculty. Likewise, they expect to be exposed to global perspectives and trends shared by both the faculty and classmates.

The Global MBA Program is carefully designed to meet these expectations by offering a balance of core skills, intellectual capital, and action-based learning to those managers who have won the support of their company.
http://www.bus.umich.edu/Academics/Gmba/

Master of Accounting (MAcc):

The Stephen M. Ross School of Business at the University of Michigan has earned accolades for its unsurpassed innovation. Drawing on this long tradition of academic excellence, Ross is proud to offer a ten-month Master of Accounting (MAcc) program. In the forefront of accounting education, the Ross MAcc starts with superb academics across the board, drawing on a long tradition of building faculty excellence in every business function, not just accounting. Integration with every core business discipline is a defining characteristic of the Ross MAcc.

The MAcc Program builds upon that heritage and provides the necessary tools and experiences a student will need to compete in tomorrow's profession and to support a lifelong career. For you, this means an opportunity to be associated with Michigan's Ross School of Business, widely known for its tradition of excellence, through a program designed to meet exacting standards and your professional aspirations.
http://www.bus.umich.edu/Admissions/Macc/

Master of Supply Chain Management:

Companies are increasingly looking for innovative leaders with the vision and skill to
manage their supply chains.
The global supply chain is as much about moving information and services as it is
about moving goods. Moving customer account data from Mumbai to New York requires
as much competent supply chain management as does moving microprocessors from
Phoenix to Berlin. The supply chain embraces the entire life cycle of goods and services.

It touches every function of global commerce. Business leaders view it as the central
nervous system of the world economy.
Supply chain management encompasses marketing, sourcing, manufacturing, logistics,
inventory management, and information technology and customer relations. It’s about the
people, processes and technology that propel products through the global economy. No
wonder supply chain management has become a key component of business strategy.
http://www.bus.umich.edu/Admissions/MSCM/WhySupplyChain.htm

PhD Program:

Their Ph.D. Program accomplishes its goal of educating students for academic research careers in the field of business—typically as faculty in leading business schools—through coursework and directed research.
In keeping with the school’s overall core values and strategy, the Doctoral Program has its foundation in:

• The generation of broad-based intellectual capital with impact
• Innovative educational experiences
• Co-creation opportunities with students as active participants
• Connecting theory and practice with action-based learning
http://www.bus.umich.edu/Academics/Phd/About/ProgramStructure.htm

Executive Education:

Michigan Executive Education offers a comprehensive management development program to accelerate the growth of key executives and prepare them for leadership positions. Business Acumen for High-Potential Leaders offers a unique opportunity to acquire the business acumen skill set and gain an enterprise-wide perspective on the competitive challenges of today's business environment.

High-potential leaders have already displayed an aptitude for business, but their business knowledge may be incomplete or lacking the connections across functions. They have successfully demonstrated leadership qualities, but have not yet developed the management skills to lead a larger, more diverse operation. And they have participated in planning activities, but not as the visionary leader who is expected to guide the future direction of the firm.
http://execed.bus.umich.edu/CentersOfExcellence/Products/Search_Programs.aspx


Fees and Expenses:


MBA - Tuition and Costs

Resident Non-Resident
Tuition & Fees $ 40,439 $ 45,439
Books (includes first year computer expense) $ 4,160 $ 4,160
Housing ($1,002 rent/month + $413 food/month) $ 11,320 $ 11,320
Loan Fees (Federal) $ 184 $ 184
Personal Expenses (includes health care costs) $ 4,042 $ 4,042

TOTAL 2008-2009 Estimated Cost of Attendance $ 60,145 $ 65,145
Please Note: Actual tuition rates set annually in June

Evening MBA - Tuition and Costs

Resident/Non-Resident
Tuition & Fees (based on 6.0 credits per semester) $16,339
Books $ 756
Computer (first year only) $2,444
Housing ($1,002 rent/month + $413 food/month) $11,320
Loan Fees (Federal) $184

Personal Expenses (includes health care costs) $4,042

TOTAL 2008-2009 Estimated Cost of Attendance $35,085
Evening students are charged tuition & fees by the University. Other budget items are listed for federal aid purposes, and are not direct charges to the student.
Tuition and fee example above is based on taking 6 credit hours per term
First credit hour is $1,500 and each additional credit hour is $1,315

MAcc - Tuition and Costs

Fall/Winter Spring Sub-total
Tuition & Fees $ 40,439 (resident)
$ 45,439 (non-resident) N/A $40,439
$45,439
Books (includes computer expense) $ 4,160 $ 418 $ 4,578
Housing ($1,002 rent/month + $413 food/month) $ 11,320 $2,830 $14,150
Loan Fees (Federal) $ 184 $ 47 $ 231
Personal Expenses (includes health care costs) $ 4,042 $1,010 $ 5,052

TOTAL 2008-2009 Estimated (10 Month) Cost of Attendance $64,450 resident
$69,450 non-resident

Master of Supply Chain Management - Tuition and Costs

Resident Non-Resident
Tuition & Fees $ 41,445 $ 46,445
Books and Supplies $ 1,622 $ 1,622
Housing ($1,002 rent/month + $413 food/month) $ 11,320 $ 11,320
Loan Fees (Federal) $ 184 $ 184
Personal Expenses (includes health care costs) $ 4,042 $ 4,042
Computer $ 2,444 $ 2,444
TOTAL Estimated Cost of Attendance
Winter 2008-Fall 2009 $ 61,057 $ 66,057

BBA - Tuition and Costs

Resident Non-Resident
Tuition & Fees $13,295 $35,909
Books $ 1,048 $ 1,048
Housing $ 8,518 $ 8,518
Personal Expenses $ 2,054 $ 2,054
Total 2008-2009 Estimated Cost of Attendance $ 24,915 $47,529

Applying for Financial Aid at the University

Financial Aid for BBA students is provided through the University of Michigan Office of Financial Aid. Inquiries regarding the financial aid application process should be made directly to:

Faculty:

http://www.bus.umich.edu/FacultyBios/

Campus:

Classrooms:

The Business School has 13 classrooms with standardized equipment, an innovative e-Classroom, and a fully equipped distance learning center for video-conferencing. The classrooms are all equipped with a permanent PC computer at the instructor's desk, digital video projector, VCR, document camera, ceiling mounted stereo speakers, wireless mouse and audio/video controls.

Labs:

A state-of-the-art instructional lab facility, classrooms with a networked, projected computer with Internet access, a mobile computing infrastructure for student laptops, and a multimedia video editing lab facilitate teaching and learning through technology.
Their Distance Learning Center provides facilities for video conferencing on the fourth floor of the Kresge Library, room K4354 and seats 40 people.

Network:

The Business School has one of the largest wireless networks on the campus of the University of Michigan which provides their student, faculty and staff with wireless Internet access throughout their buildings.

Library:

The Kresge Business Administration Library is one of the largest business libraries in the nation. Its collection includes 150,000 volumes, over 5,000 journals in print and electronic formats, and over 75 electronic databases. Students at the Ross School of Business also have access to the resources from Michigan's University Library, one of the greatest libraries in the world.

Housing:

Ann Arbor and the University of Michigan represent the dynamic new model of collaborative innovation and emerging technology that is driving the global economic community. Ranked 6th in the United States for ‘best places to live, Sperling Best Places, 2005*, you will enjoy Ann Arbor’s innovative thinking, entrepreneurial savvy and cultural diversity during your two years at Ross.
Their U-Housing website will help you with information about on- and off-campus housing in the greater Ann Arbor area.

Sports and Entertainment:

Welcome to the home of the Michigan Wolverines! While there is much to do in Ann Arbor, Michigan Football is a central fixture each fall. Get involved in school spirit by attending football games and other sporting events. You can be active in athletics on a more personal level as well through Intramural Sports. Go Blue!

Ranking:

Business Week MBA
2004 #6
2005 #5

Wall Street Journal MBA 2007 #7

Financial Times MBA
2006 #14
2007 #19
2008 #27


Placement and Recruiters:

Top Hiring Companies:

Microsoft Corporation, McKinsey & Company , The Boston Consulting Group, Deloitte Consulting , Amazon.com , Booz Allen Hamilton Inc., Citi, Lehman Brothers Inc. , A.T. Kearney, American Express Company, Bain & Company, Inc., Dell, Inc. , Diamond Management & Technology Consultants , UBS AG , Johnson & Johnson , Morgan Stanley , General Electric Company , JPMorgan Chase & Co. , The Clorox Company
http://www.bus.umich.edu/EmploymentProfile/EmploymentOverview.htm

Placement Profile 2007:

• 292 companies recruited on campus at Ross last year
• More than 7,400 MBA interviews were conducted in 2006–2007
• Companies posted 5,054 jobs on their website with more than 60 percent open to highly experienced Ross alumni
• More than 600 companies have sponsored 1,180 Multidisciplinary Action Projects (MAP), with student teams producing innovative business solutions since 1992
http://www.bus.umich.edu/pdf/EmploymentProfile2007.pdf

Alumni:

Their alumni career services website provides the tools, resources and network to help you make good decisions related to your career and execute effective career searches. Wherever you are in the career search process, this website can help with any of the following situations:

• Planning a career switch in the coming year
• Currently in the process of a career switch
• Happy in your current role but interested in staying current
http://www.bus.umich.edu/AlumniCommunity/

Notable Alumni:

• Craig Wolfe Branigan (BUS: MBA 1974) President and CEO Young & Rubicam
• Roger Phelps Craton (BUS: MBA 1961), CFO Young & Rubicam
• John Kim (BUS: BBA 1983) - Prudential Retirement President.
• Bruce Koepfgen (BUS: BBA 1974), CEO, Oppenheimer Capital
• David Love (BUS: BBA 1967), President, Monmouth Capital Management
• Dr. Wesley G. McCain (BUS: BBA 1963), Chairman, Towneley Capital Management.
• Jerry Gooding (BUS: BBA 1950), Chairman, JPMorgan Chase & Co. (NYSE: JPM)
• Edward Hamway (BUS: MBA 1967), CRO (emeritus) IBJ Schroder Bank & Trust.
• D. Densmore Hart (BUS: MBA 1959) Chairman, Bank of Kansas
• Robert Allen Center (BUS: MBA 1972), Vice Chairman, Ernst & Young
• Lionel Endsley (BUS: BBA 1965), Managing Partner PricewaterhouseCoopers LLP
• John Fox (BUS: MBA 1967) - Retired Vice Chairman and Global Director Deloitte Consulting
• John Everett Kerr (BUS: BBA 1962, MBA 1963), President and CEO (emeritus) Volkswagen
• David Knoll (BUS: MBA 1967), President, Sunoco Incorporated
• Don R. Leclair (BUS: MBA 1976) - Group Vice President and CFO, Ford Motor Company.

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