by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. We've also included details on how U-M ranks compared to other colleges offering a major in business administration.
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Ranked at #7 in College Factual's most recent rankings, U-M is in the top 1% of the country for business administration students pursuing a bachelor's degree. It is also ranked #1 in Michigan.
During the 2021-2022 academic year, University of Michigan - Ann Arbor handed out 598 bachelor's degrees in business administration & management. This is a decrease of 2% over the previous year when 610 degrees were handed out.
In 2022, 841 students received their master’s degree in business administration from U-M. This makes it the #17 most popular school for business administration master’s degree candidates in the country.
In addition, 9 students received their doctoral degrees in business administration in 2022, making the school the #62 most popular school in the United States for this category of students.
The median salary of business administration students who receive their bachelor's degree at U-M is $93,674. This is higher than $45,741, which is the national median for all business administration bachelor's degree recipients.
The typical student loan payment of a bachelor's degree student from the business administration program at U-M is $560 per month.
Out-of-state part-time undergraduates at U-M paid an average of $2,458 per credit hour in 2022-2023. The average for in-state students was $716 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $17,977 | $59,775 |
| Fees | $332 | $332 |
| Books and Supplies | $1,126 | $1,126 |
| On Campus Room and Board | $13,856 | $13,856 |
| On Campus Other Expenses | $2,572 | $2,572 |
Learn more about U-M tuition and fees.
For the most recent academic year available, 60% of business administration bachelor's degrees went to men and 40% went to women.
The majority of bachelor's degree recipients in this major at U-M are white. In the most recent graduating class for which data is available, 51% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Michigan - Ann Arbor with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 136 |
| Black or African American | 19 |
| Hispanic or Latino | 49 |
| White | 304 |
| Non-Resident Aliens | 22 |
| Other Races | 68 |
U-M does not offer an online option for its business administration bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the U-M Online Learning page.
Graduates of the master's business administration program at U-M make a median salary of $160,286. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
During the 2021-2022 academic year, 807 students graduated with a master's degree in business administration from U-M. About 59% were men and 41% were women.
The majority of master's degree recipients in this major at U-M are white. In the most recent graduating class for which data is available, 52% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Michigan - Ann Arbor with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 95 |
| Black or African American | 44 |
| Hispanic or Latino | 38 |
| White | 416 |
| Non-Resident Aliens | 144 |
| Other Races | 70 |
Take a look at the following statistics related to the make-up of the business administration majors at University of Michigan - Ann Arbor.
| Related Major | Annual Graduates |
|---|---|
| Management Sciences & Quantitative Methods | 113 |
| Human Resource Management | 50 |
| Real Estate | 12 |
| Entrepreneurial Studies | 4 |
| Business/Managerial Economics | 1 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.