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University of Michigan
University of Michigan Business School
1999 MBA Profile
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Editor's Note: Here is a 1999 update of the contacts and statistical information in the 1998 Business Week Online profile for this school. To see the more detailed original profile -- which includes survey details, a strategy for applicants, and graduate comments -- click here.
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1999-2000 Student Profile
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Total enrollment
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1,958
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Full-time students
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862
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Part-time students
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1,096
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Female
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28%
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Non-U.S. citzens
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30%
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Underrepresented minorities*
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12%
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Applicants accepted [selectivity]
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21%
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Applicants admitted [yield]
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53%
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Number of applicants
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3,987
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Overall applicants interviewed
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80%
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Admitted applicants interviewed
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99%
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Admitted students with less than one year of work experience
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1%
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GMAT scores
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Average
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675
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Range
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530
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to
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790
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Undergraduate GPA
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Average
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3.3
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Range
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2.0
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to
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4.0
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Work experience [years]
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Average
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5
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Range
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1
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to
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18
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Student age [years]
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Average
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28
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Range
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22
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to
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44
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In-state
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$21,500
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Out-of-state
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$26,500
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Room & board
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$7,800
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Recommended annual student budget [out-of-state]
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$38,540
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Average amount of outstanding MBA loans per full-time student
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$37,500
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Application deadlines for Class of 2002
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Admission applications
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Financial aid applications
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Domestic
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11/01/99
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International
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11/01/99
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Domestic
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03/01/00
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International
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01/15/00
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Domestic
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01/15/00
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International
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01/15/00
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Domestic
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N/A
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International
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N/A
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Domestic
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03/01/00
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International
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03/01/00
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Domestic
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N/A
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International
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N/A
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* Underrepresented minority students are defined as U.S. citizens who are African American, Hispanic American, and Native American. They do not include Asian Americans.
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Estimated percentage of Class of 1999 [seeking employment] that took a job at a company with less than 100 employees
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5%
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Percentage of Class of 1999 [seeking employment] that received their first job offer by graduation
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96%
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Actual on-campus interviews conducted for full-time jobs [including first-round interviews] for second-year students
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5,732
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Companies that recruited second-year students on campus in past academic year
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350
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Actual on-campus interviews conducted for summer internships
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4,429
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Companies that recruited on campus for first-year interships
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195
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Average number of job offers received by a Class of 1999 graduate [seeking employment]
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3
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Opportunities posted via the Internet or electronically
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1,800
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Top Employers / Number of 1999 Hires
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Top 10 recruiting firms [i.e. hired the most 1999 grads] and the number of students hired
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1.
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PricewaterhouseCoopers
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21
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6.
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Ford Motor Co.
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14
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2.
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AT Kearney
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19
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7.
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Ernst & Young
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13
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3.
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McKinsey & Co.
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17
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8.
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Booz Allen & Hamilton
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12
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4.
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Dell Computers
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17
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9.
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Diamond Technology
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12
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5.
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Deloitte Consulting
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15
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10.
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American Express
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11
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Prospects - 1998 / 1999 Grads
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Median starting base salary [excluding bonuses] for the Class of 1999
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$78,000
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Average starting base salary [excluding bonuses] for the Class of 1999
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$80,000
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Median first year signing bonus for the Class of 1999
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$20,000
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Average first year signing bonus for the Class of 1999
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$18,000
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Percentage of job-accepting Class of 1999 graduates who provided usable base salary information
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97%
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Percentage of job-accepting Class of 1999 graduates who received a signing bonus
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86%
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** The information presented in this section was collected using the MBA Career Services Council's Standards for Reporting MBA Employment Statistics
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Institution is
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Public
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Core MBA curriculumlast revised in
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1998
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B-school's operating budget for 1999-00 school year
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$101,685,600
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Amount of operating budget used to support financial aid
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$10,646,000
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Graduate school's total dollar endowment as of August 1, 1999
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$142,100,000
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Increase in operating budget used to support financial aid from 1998-99 academic year
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9%
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Accelerated MBA program offered
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No
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Laptop Computer Requirement
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No
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Distance learning program
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N/A
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School Concentrations / Specializations
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Accounting
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Finance
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Computer & Information Systems
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Corporate Strategy
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Entrepreneurship
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Environmental Management
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Manufacturing/Operations Management
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Marketing
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General Management
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Organizational Behavior & Human Resource Management
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Nonprofit Management
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Lecture
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40%
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Case study
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40%
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Other
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20%
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Full-time faculty in residence for the 99-00 year
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125
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Adjunct or visiting faculty in residence for the 99-00 year
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65
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Dean
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B Joseph White
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Phone number
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734.764.1361
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Director of MBA Programs
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Susan Ashford
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Phone number
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734.763.5484
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Director of Admissions
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Kristina Nebel
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Phone number
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734.763.5796
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Director of Alumni Relations
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Ann LaCivita
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Phone number
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734.763.5775
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Director of Financial Aid
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Heidi Sisson
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Phone number
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734.764.5139
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Director of Career Services
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Allan Cotrone
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Phone number
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734.647.4920
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Living MBA alumni
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20,000
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Alumni clubs
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21
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Living alumni who gave to the annual fund raising efforts of the school in 1998-99
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24%
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Median gift
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N/A
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Average gift
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$3,412
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The information above was submited on behalf of the school by:
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Name
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Keith Decie
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Title
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Assistant to the Dean
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