2021 Best MBA Programs in Michigan

Tuition for MBA Programs in Michigan

If you plan on attending an MBA program, it's best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An online MBA program can provide the flexibility of completing a program while being employed in your respective career.

An MBA program in Michigan will cost you between $23,832 to $104,959 each year depending on how you calculate tuition as in-state, out-of-state, or out-of-country. Completing your MBA in Michigan will cost, on average, for in-state tuition, $36,990

• Lowest: $23,832 from Central Michigan University
• Highest: $66,048 from The University of Michigan
• Average: $36,990 from Michigan's 15 MBA Programs
• Average: $34,774 from 172 Online MBA Programs

GMAT Scores for MBA Programs in Michigan

The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.

To be accepted into an MBA program in Michigan you will need a minimum GMAT score of 437.00. The average GMAT score for getting into a Michigan MBA program is 564.79.

• Lowest: 437 from University of Detroit Mercy
• Highest: 720 from The University of Michigan
• Average: 565 from Michigan's 15 MBA Programs
• Average: 553 from 172 Online MBA Programs

Faculty Strength for MBA Programs in Michigan

Full-Time Faculty

Highly competitive MBA schools recruit part-time and full-time professors that are both academics and industry influencers. They are the subject matter experts in their respective field. Most business professors have experienced success in the corporate world and have written extensively in their chosen field. The number of highly-qualified full-time faculty is directly related to the reputation of most elite MBA programs.

The number of full-time faculty for MBA programs in Michigan ranges from a low of 17 professors to a high or 166.

• Lowest: 17 from University of Detroit Mercy
• Highest: 166 from The University of Michigan
• Average: 72 from Michigan's 15 MBA Programs
• Average: 72 from 172 Online MBA Programs

Percent of Faculty with a PhD

Another high-level perspective to consider when determining the quality of an MBA faculty is to note the number of faculty who have earned a PhD in their respective area of excellence. Note to writer - create a fuller amount of content for this section.

In Michigan MBA programs range from 70.60% of the faculty having a PhD to a 94.30% of the MBA faculty having a PhD.

• Lowest: 71% from Central Michigan University
• Highest: 94% from Eastern Michigan University
• Average: 84% from Michigan's 15 MBA Programs
• Average: 84% from 172 Online MBA Programs

Student to Faculty Ratio

Quality MBA programs invest in the number of professors relative to the students attending the program. Commonly known as the Student Faculty ratio. Generally, the lower the ratio, the better it is for students. MBA students will get the personalized one-on-one attention from faculty mentors that have extensive experience in the industry. The Student/Faculty metric is a matter of personal preference and for those students who excel in lecture hall environments, you may not need the low student/faculty ratio.

In Michigan the student faculty ratio for MBA programs ranges from the lowest (best) of 1:5 the highest (less desirable) of 237:100.

• Lowest: 1:5 from The University of Michigan
• Highest: 237:100 from Wayne State University
• Average: 127:100 from Michigan's 15 MBA Programs.
• Average: 121:25 from 172 Online MBA Programs.

Student Enrollment for Michigan MBA Programs

The importance of networking, whether it's by way of campus job fairs, student organization members, or faculty mentorship, should not be understated. The average MBA enrollment size has a direct impact on your studies, your job prospects, and your ability to define your career goals.

Full- & Part-Time MBA Student Enrollment

Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.

For Michigan state's MBA programs, the range for full-time enrollment is between 25 and 870. For part-time enrollment, the range is between 37 and 738.

• Lowest: 25 from Saginaw Valley State University
• Highest: 870 from Central Michigan University
• Average: 181 from Michigan's 15 MBA Programs
• Average: 221 from 172 Online MBA Programs

Percent of Global MBA Student Population

The MBA programs in the United States are coveted around the world and attract a healthy percentage of global students each year. A culturally diverse student population is especially important in an ever-changing global economy. With increasing globalization, a well diversified student body from outside the United States can provide much needed global world-view as well as valuable networking opportunities.

In Michigan the percentage of students from the United States varies from a low of 70% to a high of 71%.

• Lowest: 70% from The University of Michigan
• Highest: 71% from Michigan State University
• Average: 71% from Michigan's 15 MBA Programs
• Average: 76% from 0 Online MBA Programs