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Posted on Thu, Aug 9, 2012 : 10:30 a.m.

University of Michigan 7th on Bloomberg list of top undergraduate business schools

By Kellie Woodhouse

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University of Michigan's Stephen M. Ross School of Business

Lon Horwedel | File photo

The University of Michigan’s Stephen M. Ross School of Business came in at No. 7 this year in Bloomberg Businessweek’s annual rankings of the best undergraduate business schools.

U-M dropped one spot from its sixth-place ranking on last year’s list. Over the past six years it has ranked as high as 4 and as low as 8.

The University of Notre Dame maintained its No. 1 ranking on the list, a position it has now held for three years.

U-M business undergraduates spend an average of 17.1 hours a week studying, Bloomberg reported in information accompanying the ranking. The average number of students in required undergraduate business course is 56. Ninety-one percent of graduates get jobs soon after graduation and the median starting salary for a Ross undergrad is $64,400.

The middle 50 percent of Ross students received SAT scores of between 1330 and 1460, based on a 1600 scale. Sixty-four percent of students are from the Midwest.

According to ranking figures, 27 percent of students who applied last year were admitted into the program.

How does that stack up to other top schools? No. 2-ranked University of Virginia, the lone public school to top U-M in the rankings, has an average class size of 48; students spend an average of 18.9 hours per week studying and 94 percent of graduates receive jobs soon after leaving the school. They earn a median salary of $60,000.

Students at the top-ranked Notre Dame report spending 13.5 hours a week studying and attend classes with an average of 32 other students. Ninety-three precent of graduates attain jobs soon after graduating and their median salary is $55,000.

Michigan State University's undergraduate business program came in at No. 51.

Eastern Michigan University's business school was not ranked.

Kellie Woodhouse covers higher education for AnnArbor.com. Reach her at kelliewoodhouse@annarbor.com or 734-623-4602 and follow her on twitter.

Comments

Ethics Advocate

Fri, Aug 10, 2012 : 4:31 p.m.

This ranking sounds excellent--unless you are aware that the U-M undergrad business program was ranked 1st or 2nd in the nation for many years.

LXIX

Thu, Aug 9, 2012 : 11:36 p.m.

People here may seem like obnoxious "haters" or downers without a cause. In part, however, they offer a real local challenge to be proven wrong. Ann Arbor has some of the brightest humans in the world. Many at the UofM. Ultimately the solutions to the most vexing world problems become the responsibility of the brightest. List rankings and awards are fabulous. Visible proof of greatness is better.

Sparty

Fri, Aug 10, 2012 : 2:33 p.m.

Visit the UofM Hospitals where there is "visible proof of greatness" in every corner, talk to honored and distinguished faculty throughout campus for the same. In fact, just open your eyes. Blinders make visible proof of greatness impossible to see.

Itchy

Thu, Aug 9, 2012 : 7:04 p.m.

Wow. This must be an ego blow to Mary Sue et al!

Sparty

Thu, Aug 9, 2012 : 9:33 p.m.

Why is that? To be the 2nd ranked Public University Business School in the Nation for Undergraduates is something to be mighty proud of, I'd think. Go University of Michigan ! Of course there are always the haters, on the lookout for ways to bring down Ann Arbor and the UofM ......

LXIX

Thu, Aug 9, 2012 : 6:12 p.m.

While there is an excess of homeless due to job economics, society outcasting because of mental disability - including many veterans - is the problem. Organized homeslike Main Street one mentioned or even camp take notice provide more opportunity to "manage" the pgrowing roblem. Unless world poverty-class overpopulation is reduced (unlikely) or trade borders close (unlikely) the broken capital model will continue to exaccerbate the situation. The U.S. and A2 will see more vagrant fixtures. If not in town then around it - even after hostile crackdowns. ooops...posted this in the wrong article - or did I?

Ethics Advocate

Fri, Aug 10, 2012 : 4:27 p.m.

The end of your message is correct: your reply has nothing to do with the U-M undergrad business school national ranking. Can you delete your message or ask to have it deleted?

Itchy

Thu, Aug 9, 2012 : 7:06 p.m.

Nope. Right article. I trust you are talking about the new freshman class.

justwondering

Thu, Aug 9, 2012 : 5:49 p.m.

Not sure how to interpret the Notre Dame to U of M comparison based on the subject of the article. At Notre Dame you study less and make almost $10K less upon graduation, but it is ranked much higher. There is only a total of 2 ppts. difference between the two in terms of how many have jobs upon graduation. Something is eluding me here.

Geoff Larcom

Thu, Aug 9, 2012 : 4:47 p.m.

It's worth noting that in order to be considered for the Bloomberg survey of undergraduate business schools, you must fill out a request to form to participate, which EMU has not done but will likely do in the future. Yet, along this same line, the Princeton Review has ranked EMU among the nation's top business schools for eight consecutive years. http://www.emich.edu/univcomm/releases/release.php?id=1319053828 The EMU College of Business offers students an exceptional, teaching-oriented faculty. The college's motto "Innovative, Applied and Global," highlights its creative curriculum and programs, its real-world approach and global perspective. See more at http://www.cob.emich.edu/include/templatesubpage.cfm?id=1008 Note: Geoff Larcom, who covered higher education for 10 years at The Ann Arbor News, is now executive director of media relations at EMU.