A Selective Program for Exceptional Leaders Global MBA Class of 2017 Information 1
CONTENTS Introduction to the University of Michigan 3 Introduction to the Ross School of Business 4-5 Global MBA Advantages Why Global MBA? 6-17 2-year and Global Programs Comparison 18-19 Pre-MBA English Course 20-21 Uniquely Designed Asia Session 22-23 Global MBA Core Course Faculty Team 24 Flexible Ann Arbor Session 25-26 Benchmarking Trips in US 27-28 MAP Action Based Learning 29 Post-MBA Research Project 30-31 Life in Ann Arbor 32-33 Global MBA Class of 2016 Profile 34 Admission Schedule and Criteria 35-36 Program Finance 37 Contact Information 38
UNIVERSITY OF MICHIGAN Founded in 1817 Located in Ann Arbor, Michigan One of the leading research universities in the World 19 schools and colleges consistently ranked in top 10 offers over 250 degree programs 45,000 students with 18,000 in graduate programs Research expenditures exceed $1.2 billion annually Over 100 graduate programs are ranked in the top 10 by U.S. News & World Report A truly diversified and international college campus Students from all 50 US states and 114 countries Boasts one of the largest alumni groups Over 550,000 active alumni members U-M alumni include one U.S. President, three Supreme Court justices and eight Nobel Laureates Home to 1,500 student organizations Active students sports activities 52 national championships in 12 sports More than 200 Olympic medals University of Michigan is ranked No. 1 public university in research by National Science Foundation University of Michigan stadium known as The Big House seats over 120,000 people 3
MICHIGAN ROSS SCHOOL OF BUSINESS Founded in 1924 Traditionally well known with strategy, marketing, and general management but Ross is strong all across business disciplines from Finance to Information Technology. Student enrollment Approximately 3,300 in 2014 1,700 students in the MBA programs including Global MBA 21% international Over 200 faculty members with 150 full-time. Faculty research performance is ranked #4 in the world UT Dallas Jindal School of Management Ranking, 2009-2013 More than 70 student clubs and organizations 40% of the clubs are led by female students 17 world-class institutions and research centers More than 1,100 companies recruit at Ross. 44,462 alumni in 88 countries (2013) Ross Building Davidson Winter Garden The stunning architecture, collaborative spaces, integrated technology, and environmentally conscious features of the Ross will inspire you to excel. 4
WHY ROSS? Ranked #4 in best BBA U.S. News & World Report 2015 Ranked #6 in best Part-time MBA U.S. News & World Report 2015 Blau Auditorium Ranked #2 in Leadership Development Leadership Excellence 2014 WORLD-CLASS REPUTATION Ranked #9 in best MBA Bloomberg BusinessWeek 2014 Classroom Ranked #6 Master of Accounting Public Accounting Report 2014 Ranked #6 in best Executive MBA U.S. News & World Report 2015 Ranked #3 Entrepreneurship Program Princeton Review & Entrepreneur Magazine 2014 Siegel Café Ross is one of just 4 business schools in the top 10 of every Bloomberg Businessweek ranking since its inception in 1988. 5
WHY GLOBAL MBA? Specifically designed to meet the needs of experienced managers The typical 2-year MBA focuses on those who want to change careers; needs of sponsored students are different. The program offers rich and diverse networking opportunities, cultural immersion, and exposures. The schedule is tailored to best meet the needs of sponsored students. Distinguished Ross MBA degree All Ross MBA degree awarding programs meet the same stringent requirement. The curriculum of the program is the same as Ross 2-year MBA program. Ross Global MBA Program was established 23 years ago in 1992. Group study room Och Fitness Center 6 Colloquium
WHY GLOBAL MBA? Opportunity for companies to educate their employees at a top-ranked school Admission to top MBA programs is very competitive. Only applicants with sponsorship are eligible to apply. Flexible and time saving schedule The admission process completes in about a month. The program completes in 16 months by offering courses in four consecutive semesters without a summer vacation. Students may extend their learning up to 22 months by participating in post-degree research. Students may enhance their program through participation in an International Exchange for one semester at one of our partner schools. Diverse extra curricular activities are available. GMBA students participating in the Ross Leadership Program The Ross Global MBA is the only full-time MBA program in the world with its admission exclusively for sponsored applicants. 7
WHY GLOBAL MBA? Ideal MBA for Licensed Professionals, Entrepreneurs, and Private Enterprises Students can maximize time efficiency, accumulate diverse international experience, and build a professional network. Diverse students backgrounds and perspectives amplify the synergy in the classes. Ranked #1 by The Princeton Review and Entrepreneur Magazine in entrepreneurship; creating an ideal environment for entrepreneurs and those from family business. Applicants should be in or running a successful business and plan to return to that business upon completion of the program. About 30% of the Global MBA students are entrepreneurs and heirs to private business. Ross offers a perfect blend of substantial challenges and supportive environment always embracing the philosophy of action-based learning. I chose Ross because of the culture, the collaboration, the teamwork, and the things you can practice yourself by doing real work. Robin Rojanasap MBA 2015 Bangkok Bank PCL, Thailand 8
CONDENSED ADMISSION PROCESS The admission requirement is the same but the process takes less time. 2-year MBA 7 8 9 10 11 12 1 2 3 4 5 6 7 8 Program begins Take GMAT & TOEFL Application submission Notification of decision Admission takes 2-3 months and up to 8 months if waitlisted Global MBA 7 8 9 10 11 12 1 2 Program begins Take GMAT & TOEFL Application submission Early Admission (completes in 2-4 weeks) Notification of decision Regular & Extended Admission (completes in 4 weeks) 9
TIME SAVING SCHEDULE The curriculum is the same but the schedule is more efficiently sequenced for sponsored students. 2-year MBA Core Courses (6M) MAP (2M) Summer Vac. (4M) Elective Courses (8M) Begins in September 20 months (16 months excluding the summer vacation) Global MBA Core Courses (6M) Elective Courses (8M) MAP (2M) Vac. (2M) Research (optional) (2 or 4 M) Begins in March 16 months Students in both programs take elective courses together May extend the program to 20 or 22 months 10
UNCOMPROMISED COURSE SEQUENCE Students in two programs complete the same set of core courses in 6 months and then join to take electives courses together for 8 months. 2-Year Program Section 1 2-Year Program Section 2 2-Year Program Section 3 2-Year Program Section 4 2-Year Program Section 5 After completing the MBA core in assigned sections, students from all sections come together to participate in two terms of elective courses. 2-Year Program Section 6 Global Program Section Required Core Courses (6 months) Elective Courses (8 months) 11
EFFECTIVE PROGRAM STRUCTURE The schedule is carefully designed to maximize efficiency. Pre-MBA English Course (no credit)* Korea/Japan/ China (3 or 4 months) Business Communications (3 credit hours) Required Core Courses (11.25 credit hours) Required Core Courses (9 credit hours) Ann Arbor (11 months) Elective Courses (Up to 36 credit hours) - May select from 110 elective courses - May select courses at other U of M graduate schools (maximum 10 credits hours) - May participate in an exchange program at partner school for one term US/Global (2 months) MAP (7.5 credit hours) - Primarily offered in US companies Ann Arbor (4-6 months) Research Project (optional, no credit) * Students admitted with a requirement of additional English language instruction will be required to participate. Others may participate if seats are available. 12
FLEXIBLE PROGRAM SCHEDULE Students have an option to extend the program to 20 or 22 months. 1 2 3 4 5 6 7 8 9 10 11 12 2016 Pre- MBA Core GEV (Korea) 6-25 Korea Core (Japan) 2.26-3.24 Core GE (China) V GE Core V Core Electives (Fall A) Electives (Fall B) Incoming Student Orientation 1/31-2/20 Pre-MBA English Course 2/21 Program Kick off 2/21-3/19 Korea Session (Seoul) 3/20-3/27 Break 3/28-4/23 Japan Session (Osaka) 4/24-4/30 Break 5/1-5/27 China Session (Beijing) 5/28-6/19 Early Summer Vacation 6/20-7/1 Core Session 7/2-7/10 Independence Day Break 7/11-8/19 Core Session 8/20-9/5 Summer Vacation 9/6-10/21 Elective Session (Fall A) 10/22-30 Fall Break 6/2 US Session Orientation 10/31-12/22 Elective Session (Fall B) 11/23-27 Thanksgiving Break 12/23-1/9 Winter Vacation 2017 Electives (Winter A) Electives (Winter B) MAP Research Project (Optional) 1/9-2/24 Elective Session (Winter A) 2/25-3/6 Spring Break 3/7-4/27 Elective Session (Winter B) 4/28 Ross Commen cement 5/1-5/3 Break 5/4-7/3 MAP 6/22 GMBA Farewell & Welcome Dinner 7/3 Program Ends Research Project Preparation Research Project Preparation 9/5 Research Project Begins 10/20 7-Week Research Project Ends 12/22 14-week Research Project Ends Vacation (total 13 weeks) 13
FLEXIBILITY IN COURSE SELECTION Students choose from more than 110 elective courses. Students may take up to 10 credits of graduate level courses at other University of Michigan Schools. Students may pursue a research project on a topic of their choice for up to 3 credits per term (maximum 6 credits). Students may take courses at the University of Michigan English Language Institute (ELI) without a fee. Students may apply for the International Exchange Program with partner schools from around the world. I liked the way Ross teaches not just theories but also the practical skills. The courses are very practical. It combined all kinds of knowledge, all kinds of skills in business. I appreciated Ross focus on action-based learning 14 Heping (Cindy) Fu MBA 2014 TCL Multimedia, China
DIVERSE CULTURAL EXPERIENCE Students from diverse countries interact closely with one another during the 8 months that make up the core and MAP sessions, and with students from over 100 countries during the 8 month elective session. The 3 month session in Asia and the 13 month session in the US enriches the students experience, both culturally and personally. The school offers corporate visits, cultural tours, and benchmarking trips in each location. Students are offered approximately 13 weeks of vacation throughout the program; they may use it for travel in the US or around the world. Students are expected to take ownership of their MBA experience at Ross and must play an active role. Emi Yamazaki, GMBA Class of 2013, during her exchange program in India Cultural excursion in Asia 15 97% of the Global MBA Class of 2014 indicated that the Asia Session is a valuable component of the program.
UNIQUE NETWORKING OPPORTUNITIES In Asia Build a strong network with managers from leading Asian companies. Students live in carefully selected training centers during the sessions in Asia. Professors stay at the same facility and invite small groups of students for lunch and dinner throughout the core. In Ann Arbor Merge into a truly diversified international community with over 3,300 students and faculty. After graduation Become a member of one of the world s largest and most active alumni groups. The real advantage of the Ross Global MBA Program is the close relationship you form with your colleagues in the Asia session and beyond. The camaraderie is wonderful, and you learn so much from the diverse professional knowledge of your classmates. 16 Richie Hsieh MBA 2013 Traxon Corp., Taiwan
PROGRAM PARTNERS Over 250 companies have partnered with Ross since 2002 Partial List of Partners Manufacturing Finance Service & Others 17 Canon Accenture Asiana Airlines Fujitsu American Express Boston Consulting Hyundai Motor Company Bangkok Bank IBM Consulting Services Hynix Semiconductor Hana Bank Itochu Corp. LG Electronics JCB Card Japan Railways Mitsubishi Heavy Industries Kasikorn Bank KT Nippon Steel Korea Invest.& Securities McKinsey and Co. Panasonic Krung Thai Bank Nomura Research Institute POSCO Mitsui Mutual Life NTT Samsung Electronics Mizuho Financial Group PriceWaterhouseCoopers Sony Prudential Holdings Japan Shanghai Pan Asia Toyota Motor Corp. Samsung Fire & Marine SK Energy Yazaki Corp. Sumitomo Banking Corp. SK Telecom Corporate visit to Samsung Electronics World Headquarters Any company that wants to invest in their most valuable resource their future executive leaders will find the Ross Global MBA Program extremely valuable. Combining the full force of the Ross School s prestigious education, along with the demands of real-world exercises and the opportunity to join influential alumni, this program prepares executives like no other. Takaaki Wakasugi Professor Emeritus University of Tokyo Faculty Advisor, Global MBA
ROSS 2-YEAR and GLOBAL PROGRAM Target Students 2-YEAR MBA Candidates seeking to advance or change their careers through management education, leadership training, and career counseling support GLOBAL MBA Candidates with sponsorship looking for focused networking opportunities and diverse global exposure; Ideal for experienced managers as well as professionals, entrepreneurs, and heirs to family enterprises Location Ann Arbor, with option to participate in an exchange program One month each in Korea, Japan, and China followed by 13 months in Ann Arbor with option to participate in an exchange program Duration 20 month program including a 4- month summer vacation typically used for internship Degree Granted Master of Business Administration 16 month program offered over consecutive months; may extend to 20 or 22 month with optional research project; no summer vacation or internship Master of Business Administration Degree Requirements 57 credits 57 credits Schedule Full-time, September start Core: 6 months MAP: 2 months Electives: 8 months Full-time, February start Core: 6 months Electives: 8 months MAP: 2 months Optional: 7- or 14-week facultyadvised project focused on employer s industry 85% of the GMBA Class of 2014 indicated that the Global MBA is more ideal for sponsored students than traditional 2-year MBA programs. 18
ROSS 2-YEAR and GLOBAL PROGRAM (Continued) 2-YEAR MBA GLOBAL MBA Career Services Access to on-campus recruiters and Office of Career Development counseling services for summer internships and permanent positions Graduates return to their sponsoring employers; no access to Office of Career Development services Class Profile (Class of 2016) Application Deadlines Class size: 450 Avg. age: 28 Avg. work experience: 5 yrs 30% international Round I: October 6, 2015* Round II: January 5, 2016* Round III: March 23, 2016* Class size: 28 Avg. age: 32 Avg. work experience: 9 yrs Students from 7 countries (all international) Early Round: October 31, 2015 Standard Round: November 30, 2015 Extended Round: January 4, 2016 At Ross, my peers bring years of experience from many fields, so I learn as much from them as I do from my professors. Different opportunities on campus such as clubs, electives, and conferences allow MBAs to customize their education and round out their skills and perspectives. Program Kick-off September 8, 2016 February, 22, 2016 Program Fee (2014-2015 Rate) Tuition: $118,900 ($29,725 per term) Registration Fee: $656 ($164 per term) Tuition: $118,900 ($29,725 per term) Registration Fee: $656 ($164 per term) Learn More www.bus.umich.edu/mba www.bus.umich.edu/gmba rossmba@umich.edu rossgmba@umich.edu 19 * tentative 734-763-5796 734-764-6411 Natee Pretikul MBA 2013 Tanoasree Thai Chicken Co. LTD, Thailand
PRE-MBA ENGLISH COURSE 3-week intensive full-time course from Jan. 31 to Feb. 20, 2016. Courses are designed to advance students listening, speaking and writing skills, relative to MBA coursework. The course is co-developed by the Ross School and YBM and operated by YBM. The course is offered at the Center Mark Hotel in Seoul; the same location where the program s Korea Session is held. All courses are taught by professional instructors who are native English speakers. Students who demonstrate English proficiency in the application and admission interview will be waived from the requirement. Students may fulfill the requirement with individual lessons upon an approval. Estimated fee is $3,500, including room and board. 100% of the Global MBA Class of 2015 participants indicated that the Pre-MBA English course was valuable & would recommend it to future students. 20
YBM LANGUAGE INSTITUTE Established in 1961, YBM is the leading foreign language institution in Korea educating over 1 million people yearly at its 130 branches. YBM offers various tailored education services to universities, companies, and government entities. YBM has strategic partnerships with Stanford University and Dale Carnegie Training for program and content development. YBM is licensed to use CNN content. YBM offers various overseas education services. Center Mark Hotel, Seoul, Korea Facility for the Pre-MBA Course & Korea Session 21
ASIA SESSION One month each in Korea, Japan and China Korea Center Mark Hotel in Seoul Japan X-Wave Corporate Training Center in Osaka China Holiday Inn Express Dongzhimen in Beijing Accommodations Facilities are carefully selected so that students can fully focus on course work while interacting closely with classmates and faculty. All facilities are located in culturally rich downtown area. The school makes all of the arrangements, including airport shuttle service. Students reside in individual dorm rooms which are serviced daily. Students complete required core courses totaling 14.25 credit hours. X-Wave Training Center, Osaka, Japan Facility for the Japan Session 22
ASIA SESSION ADVANTAGE All courses are taught by distinguished Ross faculty. Experienced, senior professors teach the courses. Professors and students stay at the same facility; students enjoy close personal guidance and tutoring. Faculty members invite students to lunch and dinner. Optional corporate and culture tours are offered in each city to enhance students experience. In Beijing, a joint workshop with Ross 2-year Full-time MBA students and Changkong Business School MBA students is offered to promote networking among students. During the sessions in Asia, Global MBA students have access to Ross intranet, email, and electronic library resources. Holiday Inn Express Dongzhimen, Beijing, China Facility for the China Session 23
CORE COURSE FACULTY TEAM Business Communications Pris S. Rogers Associate Professor of Business Communications Former Chair, Communication Dept. Business Communications Lisa Pawlik Lecturer of Business Communications Business experience at General Motors for 20 years P Financial Management E. Han Kim Everett E. Berg Professor of Business Administration Professor of Finance and International Business Director, Mitsui Life Financial Research Center Former Chair of Finance Dept. Human Behavior and Organization Noel M. Tichy Professor of Management and Organization Director, Global Leadership Program Prof. Michael Jensen is leading the joint workshop for Ross GMBA, Ross FTMBA, and Changkong Business School MBA students during the Beijing Session. Applied Business Statistics William Lovejoy Raymond T. Perring Family Professor of Business Administration Professor of Operations and management Science Co-Director, Master of Entrepreneurship Program Former Chair of Operations Dept. andd Operations Management Damian R. Beil Associate Professor of Technology and Operations Director, Full-Time MBA Program Ross is very famous for strategic education. The professors in the GMBA core courses are literally top professors. Principles of Financial Accounting & Management Accounting William Lanen KPMG Professor of Accounting Director, Multidisciplinary Action Projects Former Associate Dean Former Chair of Accounting Dept. Corporate Strategy Michael Jensen Associate Professor of Strategy 24 Applied Microeconomics Thomas Buchmueller Waldo O. Hildebrand Professor of Risk Management and Insurance Professor of Business Economics and Public Policy Chair of Business Economics Dept. Marketing Management Puneet Manchanda Isadore and Leon Winkelman Professor of Marketing Professor of Marketing Chair of Marketing Dept. Shuhei Yamasaki MBA 2015 Panasonic, Japan
ANN ARBOR SESSION Summer Term (2 months) Students complete required core courses worth 9 credit hours. Fall and Winter Term (8 months) Students must complete a minimum of 26.25 credit hours. Students may select up to 18 credits per term from more than 110 elective course offerings. Students may pursue a research project on a topic of their choice for up to 3 credits hours per term. Students may take up to 10 credit hours in other University of Michigan graduate schools. Students have the opportunity to attend ELI courses without additional fee payment. Students may apply for the International Exchange Program to complete a term in one of Ross partner schools. 93% of the Global MBA Class of 2014 indicated that current business issues & trends are expertly incorporated into the courses. 25
NON-CURRICULAR ACTIVITIES Various Special Lectures and Programs Special lectures presented by key executives from various industries Corporate presentations (more than 200 companies each year) Club Activities More than 70 clubs representing a broad range of interests Partial List of the Clubs Students search for clubs suitable to them on Club Day. Accounting Asia Business Association Automotive Club Consulting Club Emerging Markets Club Entrepreneur & Venture Club Finance Club Greater China Association Marketing Club Michigan Gourmet Club Real Estate Club Rock n Roll B-School Ross impulse Dance Society Ross Photography Club Ross Ski Club Ross Soccer Club Ross Triathlon Club Wolverine Wine Club GMBA students with Prof. Michael Jenson after completing annual Ann Arbor Marathon. GMBA students participated in walk to support Focus: Hope. 26
US BENCHMARKING COURSE Two benchmarking courses are scheduled to offer students an opportunity to interact with executives at major US businesses. Trip 1: IT companies in Silicon Valley in August, 2016 Trip 2: Financial companies in New York in October, 2016 Each trip is offered as a one credit hour elective course. The course is exclusively for students in the Global MBA Program. Course outline Students research each company with faculty guidance prior to the visit. Students meet executives onsite to discuss current strategies, challenges, and opportunities. Faculty debriefs students after each meeting. Students document findings and applicability to their own companies in a final report. Intuit President & CEO Brad Smith explains the company s strategy esilicon CFO Warren Ligan answers students questions Morgan Stanley an executive chatting with a student 27
US BENCHMARKING COURSE Companies range in size, industry, maturity, and strategy. List of the Companies GMBA 2015 visited New York Silicon Valley Stanford Design/Engineering School PepsiCo Fortune Bloomberg BusinessWeek JP Morgan Chase Workshop at Columbia University Morgan Stanley New York Stock Exchange New York City Leadership Academy Frances Hesselbein Institute JobTrain Qualcomm esilicon Ikanos Communications Stanford Design/Engineering School Intuit IDEO Solazyme XERO New York Stock Exchange Bloomberg 28
MAP Multidisciplinary Action Project (MAP, 2 months) MAP is a mandatory course worth 7.5 credit hours within the Ross MBA core curriculum. MAP offers students an opportunity to apply their knowledge and skills to generate solutions to a specific business issue. Students are assigned to teams of 4-6. Projects are supervised by a multidisciplinary faculty team. Projects are primarily developed in the U.S. Situation analysis at project site Interview with project sponsor s CEO Global MBA MAP Host Companies (a partial list) 3A SA (Swiss) 3M American Restaurant (Ukraine) Delphi (China) Hyatt Hotel JP Morgan Chase Avon Gear Ford Motor Hyundai Translead (Mexico) Merrill Lynch Presentation to the faculty advisors Action-based learning is a schoolwide commitment. We live and breathe it. 29 Panasonic North America Unicoba (Brazil) Gale Amyx Managing Director Office of Action-Based Learning
POST-MBA RESEARCH PROJECT 30 Offered for students who would like to conduct comprehensive research in their professional field. Students must be in good academic standing with a GPA of 2.5 or higher to apply. 7- or 14-week format in the fall term following graduation. Conduct research individually or as a group under the guidance of a faculty advisor. Students individually obtain consent from the faculty of their choice. GMBA offers administrative support for required visa extension. Report must be submitted to the advising faculty at the end of the project. Certificate will be awarded upon completion. From 2003 to 2013, University of Michigan faculty, staff, and students have reported more than 3,500 inventions, leading to some 1,000 agreements, 1,500 U.S. patent applications, and 980 U.S. patents.
POST-MBA RESEARCH PROJECT SCHEDULE Through Mar. 6 2017 Mar. 6 2017 Students prepare a research plan and approach a professor of their choice for consent. Students submit research plan, application with faculty consent, and $500 deposit to the GMBA office. Ross has conducted 1,800+ MAP projects with 1,200+ organizations. Apr. Jun. 2017 Aug. 31 2017 Students individually apply for Optional Practical Training (OPT) following guidelines from the University of Michigan International Center. Students pay balance of project fee; total of $1,000 for the 7-week project and $2,000 for the 14-week project. Sep. Oct./Dec. 2017 Students conduct research under the guidance of advising faculty. Oct./Dec. 2017 Upon approval of the research report by the advising faculty, GMBA awards a project completion certificate. 31
LIFE IN ANN ARBOR - Cosmopolitan living without hassle 32 Ann Arbor A city of nearly 140,000 permanent residents are joined by students, faculty and staff from around the world. Money magazine consistently rates Ann Arbor as one of the top 10 best cities in U.S. Ranked No. 5 among 180 US cities as a city for overall well being 2014 Gallup & Healthway Polls Ranked No. 1 Most Educated city Wallet Hub, 2014 Ranked No. 2 single-friendly city - Kiplinger, 2012 Selected as Editor s Choice - Best Towns Ranking by Outside Magazine, 2012 Housing There are many choices for housing both on and off campus. University Family Housing offers apartments and townhomes. I have been taking advantages of Ann Arbor s vibrant cultural scene. I have attended performances of university theater programs for free Ann Arbor has good public transportation system. I like that I can go everywhere free of charge using my University ID card. It is a great system for a person like me who doesn t have a car. Ardhimas Indrawidhi MBA 2015 Perusahaan Gas Negara, Indonesia
LIFE IN ANN ARBOR - A perfect place for family Education for Children & Spouse Children may enroll in Ann Arbor s top-rated public schools where tuition is free for residents of Ann Arbor. Spouses may enroll in English courses at the community colleges or at the many public and private institutes in Ann Arbor. Leisure Activities Adults and children can enjoy a wide variety of events, festivals, and facilities. Students are offered several weeks of vacation time during which students and their families can travel to deepen their cultural experience. Ann Arbor s highly educated population has created a burgeoning economy where a streetcorner conversation can develop into a company and create a job - The Wall Street Journal 33 A GMBA student and his spouse won a national award competing for the Michigan Ballroom Dance Team.
GLOBAL MBA CLASS OF 2016 PROFILE Class Size 28 Average Age 32 88% of the Global MBA Class of 2014 indicated that they achieved their goals while in the program. Under 30 years 25% 30 35 years 50% Over 35 years 25% Average Years of Management Experience 9 years Under 5 years 14% 5-10 years 71% More than 10 years 14% Average GMAT Score 635* GMBA Class of 2014 with Dean Alison Davis-Blake and Program Director E. Han Kim Middle 80% 570 710* Women 21% Married 43% 34 The assessment of applicants qualification is holistic and test scores are only one of the criteria considered by the admission committee. High or low test results do not warrant admission or denial. GMBA welcome and farewell dinner in the Colloquium
ADMISSION SCHEDULE EARLY ADMISSION REGUALR ADMISSION EXTENDED ADMISSION Due date Oct. 31, 2015 Nov. 30, 2015 Jan. 4, 2016 Interview Typically within 2 weeks of application submission Interview Type Phone or video conference Typically within 2 weeks of application submission Phone, video conference, or face-to-face Typically within 2 weeks of application submission Phone or video conference Notification of Decision Typically within 2 weeks of the interview Typically within 2 weeks of the interview Typically within 2 weeks of the interview Admit Offer Acceptation Note Within two weeks of admission offer Upon admission notification, a $1,000 nonrefundable deposit is required. Within two weeks of admission offer Applicants who fail to submit all application requirements by Nov. 24 will be moved to the Extended Round. Immediately upon admission offer Applicants applying in this round will be considered for the remainder of the seats. 18% of the Global MBA Class of 2014 graduated with honors and 26% of the Class of 2015 were invited to join Beta Gamma Sigma, the premier honor society recognizing business excellence 35
ADMISSION CRITERIA Sponsorship/Company Nomination Company s recommendation and sponsorship is required. Proven English Skills Assessed by GMAT, TOEFL (can be substituted with PTE), essay responses, and interview. Admission Committee expects Applicant with well-defined goals that can be articulated in English Applicant with a positive and proactive mindset Applicant with the ability to participate in discussionoriented classes taught in English 96% of the Global MBA Class of 2014 would recommend the Ross Global MBA Program to sponsored applicants. 36
PROGRAM FINANCE Items Amount Application fee $200 Pre-MBA English Course fee (estimated) 1 $3,550 Tuition (4 terms, $29,725 X 4) 2,3 $118,900 Registration fee (4 terms, $164 X 4 terms) 3 $656 Living Expense in Asia (estimated) $8,389 Living Expense in Ann Arbor (single student, estimated) $25,571 Airfare (for single student, estimated) $3,000 Ladies in the Global MBA Class of 2014 were invited to Professor Pris Roger s residence. 37 Text books (estimated) $2,000 Total $162,266 1. Students who demonstrate sufficient English proficiency will be waived of this requirement. 2. Tuition is the same as the 2-year MBA Program. 3. The rate shown is based on the 2014-2015 academic year rate. The rate for 2015-2016 will be announced in July, 2015 and the rate for 2016-2017 will be announced in July, 2016. Tuition is the same as Ross 2-year program but, because of the shorter duration, sponsoring companies significantly save on costs.
CONTACT INFORMATION Email & Website rossgmba@umich.edu www.bus.umich.edu/gmba Telephone Ann Arbor 1-734-764-6411 Seoul 82-2-2000-2737 Tokyo 82-3-5220-2882 The University of Michigan reserves the right to change without notice any statements in this file concerning, but not limited to, curriculum, courses, tuition, fees, policies and rules. 38 2015 The Stephen M. Ross School of Business at the University of Michigan