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Work study:
Does the business program offer work study or co-op opportunities?: No
Study abroad:
Does the business program offer opportunities to study abroad?: Yes
Study abroad programs: International BBA Summer Program: As an undergraduate in the BBA program, students have a unique opportunity to study abroad at prestigious universities in Asia or Europe during their sophomore or junior year. The International BBA Summer Program enables undergraduates with an interest in international business to travel to Beijing, China, San Jose, Costa Rica, or Koblenz, Germany, for three weeks of intensive study and exploration. All students receive three credits for participating in this study abroad program in May and June. For additional information, please see: http://www.umich.edu/~cibe/students/exchangeBBA.htm
Volunteer opportunities:
Are opportunities for volunteer work and community service available to business students?: Yes
Available opportunities for volunteer work and community service: At the Ross School of Business, University of Michigan, the Net Impact Undergrad chapter was selected as one of 12 other schools to pilot a Net Impact Undergrad chapter during the 2007-2008 school year. Net Impact chapter’s focus is to cultivate the most influential network of undergraduate leaders interested in using business to make a positive impact! Its members' interests and its organizational focuses include, among other things, Corporate social responsibility; Social entrepreneurship; International development; Nonprofit and public management; and Environmental sustainability.
Extracurricular activities:
Business-related clubs and extra-curricular activities are available to undergraduate students: Marketing Club
Finance Club
Healthcare and Life Sciences Club
Michigan Business Women
Black Business Undergraduate Society
Michigan Interactive Investments
Consulting Club
http://bus.umich.edu/organizations/clubs

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FINANCIAL AID

Who manages financial aid for the business program?: Central financial aid office at the university
Financial aid web site: http://www.bus.umich.edu/addmisions/financialaid
Scholarships
Total scholarship money distributed to undergrad business students through the financial aid office: $3,236,949.00
Total scholarship money expected to be distributed to undergrad business students through the financial aid office: $3,427,540.00
On what basis are scholarships awarded to students in your business program?: a combination of need and merit
Percentage of undergraduate business students receiving institutional scholarships or grants for the 2010-11 academic year: 38 %
Percentage of undergraduate business students receiving FULL-TUITION scholarships for the 2010-11 academic year: 0 %
Percentage of institutional scholarship money distributed to undergraduate business students based on need: 49 %
Percentage of institutional scholarship money distributed to undergraduate business students based on merit: 51 %
Loans
Does the school offer a guaranteed loan to all business students, regardless of nationality?: No

Mean outstanding debt among 2010 undergraduate business program graduates: $35,310.00

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CAREER SERVICES
Employment Information
Percentage of 2010 graduates from the business program for whom you have information regarding employment: 84 %
Percentage seeking full-time professional employment in business: 87 %
Percentage not seeking full-time professional employment in business: 13 %

Number of companies that recruited undergraduate business students on campus: 79
Number of companies that posted full-time job offers for undergraduate business students on school job boards: 95
Other activities and services: Career Counseling and Career Education Workshops
Job Offers
Received first job offer by graduation: 85 %
Received first job offer after graduation, but within 3 months: 4 %
Received first job offer more than 3 months after graduation : 1 %
Did not report having received a job offer : 10 %
Accepted first job offer by graduation : 79 %
Accepted first job offer after graduation, but within 3 months: 7 %
Accepted first job offer more than 3 months after graduation: 2 %
Did not report having accepted a job offer : 13 %

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Firms that hired the most 2010 undergrad business majors for full time jobs
JP Morgan Chase 16
Citi 11
Capgemini US LLC 7
Google 7
Moelis And Company 7
Target 7
Deutsche Bank 6
Goldman Sachs Group 6
PricewaterhouseCoopers LLP 6
UBS AG 6
Bain and Company INC. 5
Ernst and Young LLP 5
Microsoft Corp. 5
Accenture LTD 4
The Procter and Gamble Company 4
Compensation
Mean base salary: $59,128.00
Median base salary : $60,000.00
Mean signing bonus: $7,341.00
Median signing bonus: $7,500.00
Mean other guaranteed compensation: $18,631.00
Median other guaranteed compensation: $6,000.00

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Percentage of 2009-10 academic year graduates who accepted jobs in the following functional areas:
Consulting: 18 %
Finance/Accounting: 53 %
General Management: 0 %
Human Resources: 0 %
Management Information Systems: 0 %
Marketing/Sales: 18 %
Operations/Production: 0 %
Logistics/Transportation: 0 %
Other: 10 %
Percentage of 2009-10 academic year graduates who accepted jobs in the following industries:
Accounting: 6 %
Consumer Products/Retail : 12 %
Consulting: 18 %
Government/Education: 0 %
Pharma/Biotech/Health: 0 %
Manufacturing: 6 %
Media/Entertainment: 0 %
Petroleum/Energy: 0 %
Real Estate: 0 %
Sports/Leisure: 0 %
Technology/Science: 8 %
Non-Profit: 0 %
Transportation: 1 %
Utilities: 0 %
Other: 6 %

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Percentage of 2009-10 academic year graduates who accepted jobs in the following functional areas:
Consulting: 18 %
Finance/Accounting: 53 %
General Management: 0 %
Human Resources: 0 %
Management Information Systems: 0 %
Marketing/Sales: 18 %
Operations/Production: 0 %
Logistics/Transportation: 0 %
Other: 10 %
Percentage of 2009-10 academic year graduates who accepted jobs in the following industries:
Accounting: 6 %
Consumer Products/Retail : 12 %
Consulting: 18 %
Government/Education: 0 %
Pharma/Biotech/Health: 0 %
Manufacturing: 6 %
Media/Entertainment: 0 %
Petroleum/Energy: 0 %
Real Estate: 0 %
Sports/Leisure: 0 %
Technology/Science: 8 %
Non-Profit: 0 %
Transportation: 1 %
Utilities: 0 %
Other: 6 %

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INTERNSHIPS

Number of companies that recruited internship-seeking undergraduate business students on campus in 2009-10 academic year: 58
Number of companies that posted internships for undergraduate business students on school job boards in 2009-10 academic year: 164
Firms that hired the most 2010 undergrad business majors for internships:
JP Morgan Chase and Co. 14
Citi 12
Ernst and Young LLP 10
Credit Suisse Group 8
Bank of America 6
PricewaterhouseCoopers LLP 6
Target 6
Barelays PLC 5
UBS AG 5
American Express 4
Deloitte Consulting LLP 4
General Electric Company 4
Google 4
IBM Corp. 4
Deutsche Bank 3
Internship pay
Percentage of internships from July 1, 2009 to June 30, 2010 that were paid: 100 %
Mean compensation, per week, for paid internships only: $866.00
Median compensation, per week, for paid internships only: $831.00
Average internship length, in weeks: 11

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B-SCHOOL ALUMNI

Total number of undergraduate business program graduates since inception: 17,222
Total living alumni of the undergraduate business program: 15241
Percent of living undergraduate business alumni who contributed to the program or university July 1, 2009 to June 30, 2010: 22 %
Alumni gifts
Mean Gift: $62,712.00
Median Gift: $200.00
Did undergraduate business program receive any individual gift in excess of $10 million from July 1, 2009 through June 30, 2010?: No
Prominent alums of the undergrad business program
Stephen M. Ross Chairman & CEO the Related Companies
Sanford Robertson Founding Partner Francisco Partners
J. Ira Harris Chairman J.I. Harris Associates

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-Our program is great because it's a small group of extremely talented, motivated, smart, and achievement-minded students. The business school is a completely separate entity from the rest of the University of Michigan, so we as business students get the best of both worlds. We can enjoy the big-ness that University of Michigan offers; we can go see football games at the biggest stadium in the country, enjoy meeting other students through Greek Life, and participate in the many social opportunities out there. And at the same time, when we go to class, we're never with a group of more than 50 to 60 people, and our curriculum is extremely focused. The group work we've been forced to do has made everyone get much closer. I can honestly say there are few people in the program who I do not know. Ross does a fantastic job of providing a small, tight-knit learning experience within the context of one of America's leading research institutions.

-The extremely competitive nature of the undergraduate business students and the extremely nice facilities [make the school unique].

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-There should be more emphasis on teaching ethics within the school. It's basically glossed over in elective classes. Also, the B-school curve is also very generous. People can manipulate the system to inflate their GPAs.

-I feel that we graduate more employable than other business school students. We have taken a broad range of very intense classes, so we graduate very well-rounded with the necessary skills to succeed in the workplace. Also, throughout the past three years we have been working in teams the entire time. Every class has a semester-long group project, so we're taught how to communicate and get along with people, as well as how to deal with a difficult group member.