1999 Profile Update
School Statistics
Graduates' Comments
SURVEY DETAILS
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Michigan slid two places to No. 4 in '98, based largely upon a two-spot drop in its corporate ranking. Still recruiters and graduates heaped praise on the school for having the most innovative curriculum, which offers 156 electives (fifth-highest in the Top 25) taught by more than 190 resident and visiting faculty. Michigan grads pulled down a respectable average comp package of $130,241, which lands them in the middle of the Top 25. But one of their compensation extras was top-notch: 21% of the Michigan MBAs surveyed said they had their tuition covered by their employers -- more than at any other school. In addition, Michigan grads received an average of 3.46 job offers, and 96.3% of them accepted an offer prior to graduation, placing them sixth among the Top 25 in both areas. Recruiters ranked Michigan grads first in operations -- snatching the honor away from the usual contenders, the engineering heavyweights MIT, Carnegie Mellon, and Purdue. In addition companies put Michigan grads in the top five for having some of the best specific skills in five categories: general management, marketing, finance, accounting, and technology.
The school is partnering with Catalyst for an important study on why so few women enroll in B-school. Hopefully the results of the partnership will up female enrollment considerably across the board; just 29.5% of Top 25 enrollment is female. And Michigan itself retains a 28% female enrollment -- near the bottom quartile for the 61 B-schools surveyed for BW's 1998 rankings project. Michigan's underrepresented minority enrollment of 14% is a different story, however. That ties the school with Berkeley for second-highest in the Top 25 (USC leads the pack with 15%).
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STRATEGY FOR APPLICANTS
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Michigan looks for candidates who show a strong academic record, a history of professional and personal achievements, solid interpersonal skills, community participation, and focus in their career goals. Nearly 100 percent of admitted applicants in 1998 were interviewed, so it's a good idea to try to arrange to speak with someone on campus, at an MBA Forum, with an alum, or over the telephone, although interviews are not mandatory. The admissions office is also looking for applicants who have done their homework and can show that they're specifically interested in the Michigan programs.
It's wise to apply early if you can. If you get your application in by the November 15 early decision deadline, you'll get an answer by February 15. Applications can be downloaded from the school Web site as a Microsoft Word document, then filled out and submitted electronically in the same form. If you do get in, the admissions office will actually phone you with the good news -- a personal touch that foreshadows the friendly, helpful environment you'll find if you take up their invitation.
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CURRICULUM
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Electives available in 1998: 156
New electives in past three years: 22%
The core curriculum was last revised in: 1995
Accelerated MBA program offered?
No
New Courses in Past Three Years
Federal Taxation I, Corporate Financial Reporting-Assets, Corporate Financial Reporting-Equities, Managing the Nonprofit Organization, Managing Across Sectors, Decision Tools for Managers, The Economics of Franchising, An Introduction to Risk Management & Insurance, Topics in Risk Mgmt. & Insurance, Global Product Networks, Business Strategies & Practices for Southern Africa, Growth Strategies for Small to Midsized Firms, Corporate Governance Shareholders & Society, Strategies for Growth, Options & Futures I, Valuation, Options & Futures II, Finance & Corporate Governance, Interest Rate Derivatives, Global Field Project I, Business in Latin America, Foreign Direct Investment, Doing Business with China, Business in Southeast Asia, Global Field Project II, Legal Aspects of Corporate Governance, Law of Finance & Banking, Securities Law, Intellectual Property Law, Persuasive Management Communications, Management Presentations, Topics in Brand Management, Marketing in On-line Environments, Controlling Production, Field Research in Organizations.
Most Popular Electives
Valuations, Integrated Operations, Strategic Marketing Management (BrandMaps), Financial Statements Analysis
Most Popular Professors
C.K. Prahalad, Gautam Kaul, Bill Lovejoy, Thomas C. Kinnear, M.P. Narayanan, Richard Frankel
Majors or Concentrations Added in Past Three Years
UMBS does not have majors. However, a new integrated MBA/public policy program
was initiated in the recent past.
Teaching Methods
Lecture: 45%
Case Study: 35%
Action Learning; Skills Seminars: 20%
| Full-time faculty members: |
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130 |
| Adjunct or visiting faculty: |
60 |
| Average core class size: |
66 |
| Average elective class size: |
39 |
Laptop computer required?
No
Grading System
Grades are as follows: Excellent, Good, Pass, Low Pass, Fail. MAP grades are given on a team basis.
Exchange Programs or International Campuses
UMBS participates in exchange programs in the following countries: Australia, Austria, Costa Rica, Denmark, Finland, France, Germany, Italy, The Netherlands, Singapore, Spain, Sweden, Switzerland, United Kingdom
Best Areas of Study
General Management, Organizational Behavior/Human Resource Management, Corporate Strategy, Finance/Accounting, Operations/Manufacturing, Entrepreneurship
Areas School Would Like to Improve
Real Estate
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1998 PLACEMENT
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On-campus recruiters for graduates: 317
On-campus recruiters for first-year internships: 210
On-campus student full-time job interviews: approx. 5,750
On-campus student internship interviews: 4,585
Job opportunities posted via the Internet or E-mail: 1,800
Top Employers/Number of 1998 Hires
| Deloitte & Touche |
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23 |
| PriceWaterhouseCoopers |
19 |
| A.T. Kearney |
17 |
| Ford Motor Company |
13 |
| Intel |
10 |
| Andersen Consulting |
9 |
| Booz Allen & Hamilton |
9 |
| Arthur D. Little |
8 |
| Diamond Technology Partners |
8 |
| Kraft Foods |
8 |
| McKinsey & Co. |
8 |
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ALUMNI NETWORK
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Number of living alumni: 19,000
Alums who gave to the school during the 1997/98 academic year: 20%
Median alumni gift: N/A
Number of alumni clubs: 20
Number of dues-paying members: N/A
Number of staffers devoted to MBA alumni relations: 5
Placement services offered for alumni?
Yes
Description of Alumni Placement Services
Michigan alums have access to an online alumni directory that allows them to identify and contact other UMBS grads according to geography, industry, and career function. They also have access to an online networking system; a career packet of information that includes a list of search firm contacts, Internet career sites, and guides for resumes and cover letters; a self-assessment and career planning diagnostic battery called CareerLeader at a discounted price; online postings of current career opportunities; research assistance via the library; online career links to 600 company Web sites, U.S. and international job sites; a relocation guide; and information about career fields.
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1999 Profile Update
School Statistics
Graduates' Comments
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Key Contacts
School Web Site
E-Mail:
umbusmba@umich.edu
Address:
University of Michigan Business School
Ann Arbor, MI 48109
Dean:
B. Joseph White
(734) 764-1361
Director of MBA Programs:
Susan Ashford
(734) 763-5484
Director of Admissions:
Kristina Nebel
(734) 763-5796
Director of Alumni Relations:
Ann LaCivita
(734) 763-5775
Director of Financial Aid:
N/A
Director of Career Services:
Allan Cotrone
(734) 647-4920
Application Deadlines:
U.S.
November 15, 1998; January 15, 1999; March 1, 1999; April 1, 1999
International
November 15, 1998; January 15, 1999; March 1, 1999; April 1, 1999
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