| Ross School of Business | Stern School of Business | |
|---|---|---|
| ranking (overall) | # 21 Financial Times 2021 # 30 Financial Times 2020 # 28 Financial Times 2019 | # 13 Financial Times 2021 # 22 Financial Times 2020 # 25 Financial Times 2019 |
| Programs | UG Programs -1 PG Programs -3 | UG Programs -3 PG Programs -10 |
| Cost to Study | Average Tuition Fees 49350 [For UG Program] Average Tuition Fees 72114 [For PG Program] Hostel + Meal - 16502 Per Year | Average Tuition Fees 54896 [For UG Program] Average Tuition Fees 44200 [For PG Program] |
| CollegeDunia Reviews | - | 7.7/10 Read 1 reviews |
Top Courses Comparison
| ranking | # 8 for Business by US News 2024 # 23 for Business by Times Higher Education 2023 | # 24 for Business by Times Higher Education 2023 # 32 for Business by Academy Ranking of World Universities 2021 |
| application | #2989 Applicants # 421 Admissions # 14 % Acceptance Rate | #3652 Applicants # 1059 Admissions # 29 % Acceptance Rate |
| exam scores | GMAT - 720/800IELTS - 7/9PTE - 70/90TOEFL - 100/120 | Duolingo - 120/160GMAT - 700/800IELTS - 7/9PTE - 70/90TOEFL - 100/120 |
| Admission Criteria/Better to Have | GPA of 3.5 average and preferably 720 GMAT Score. Average Work Experience required around 5.3 years. | |
| cost to study | Total Cost (Tuition + Living) -72114 | Total Cost (Tuition + Living) -78700 |
| Return on Investment/Average Package | #Average Salary164336 | #Average Salary150000 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Jan 9, 2023 (Round 2 Application deadline) Mar 17, 2023 (Decision Release Round 2) Apr 3, 2023 (Round 3 Application Deadline) | Jan 15, 2023 (Fall 2023 Application Deadline 1) Mar 15, 2023 (Fall 2023 Application Deadline 2) Apr 1, 2023 (Notification Deadline for Round 1) Jun 1, 2023 (Notification Deadline for Round 2) |
Other Popular Comparisons
Being two promising business schools in the United States, the Ross School of Business at the University of Michigan is ranked at #30 by the Financial Times MBA Rankings and at #12 by US News, and the Stern School of Business at New York University is at #22 and #10 respectively. Apart from the rankings, the other factors that have to be compared are:
- Employment: 96% of the MBA holders from Ross found employment within three months of graduation while 94% from Stern.
- Salary Increase: MBA graduates from Ross received a salary increase of 115% while those from Stern got 122%.
- Women: Both colleges have 43% female students in the current batch [2020-22].
- International Students: The percentage of international students in the current batch at both colleges is comparable, with Ross having 32% and Stern having 33%.
- Doing an MBA from Stern is rated to have better value for money than Ross by the Financial Times Rankings.
- The majority of the students doing MBA had done their undergraduate in business in the case of both colleges.
- Stern is situated in the big, bustling city of New York and Ross is situated in the peaceful town of Ann Arbor, Michigan, but both are very happening locations for college students.
The two colleges are not vastly different from each other in the quality of the course offered, but the Stern School of Business may be a slightly better investment because of the outcome salary and the employment opportunities available in a famous city like New York. However, if you think you thrive in a more laid back environment, then the Ross School of Business is definitely not a lesser choice.
