{"id":19674,"date":"2013-07-15T09:14:52","date_gmt":"2013-07-15T16:14:52","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=19674"},"modified":"2013-07-15T09:14:52","modified_gmt":"2013-07-15T16:14:52","slug":"mba-admissions-ross-and-entrepreneurship","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/mba-admissions-ross-and-entrepreneurship\/","title":{"rendered":"MBA Admissions: Ross and Entrepreneurship"},"content":{"rendered":"<p><em><a href=\"https:\/\/www.accepted.com\/mba\/MichiganRoss.aspx\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-19675\" alt=\"Ross\" src=\"https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2013\/07\/Ross.png\" width=\"225\" height=\"169\" \/><\/a>A quick glance at <a href=\"https:\/\/www.accepted.com\/mba\/MichiganRoss.aspx\" target=\"_blank\">Michigan Ross<\/a>: Ross currently ranks in 13th place as one of the best business schools, according to <\/em><a href=\"https:\/\/grad-schools.usnews.rankingsandreviews.com\/best-graduate-schools\/top-business-schools\/mba-rankings\" target=\"_blank\">US News &amp; World Report<\/a><em> (March 2012). It is ranked in 11th place for <a href=\"https:\/\/grad-schools.usnews.rankingsandreviews.com\/best-graduate-schools\/top-business-schools\/entrepreneurship-rankings\" target=\"_blank\">entrepreneurship<\/a>.<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.bus.umich.edu\/Admissions\/MBA\/Profile.htm\" target=\"_blank\"> Ross\u2019s Class of 2014<\/a><\/strong><\/p>\n<p>This year\u2019s incoming class had 502 people in it. The average GMAT score was 703 and the class has an average undergraduate GPA of 3.4. The average number of years of work experience for the class of 2014 is 5 years.<\/p>\n<p>26% of the class of 2014 have undergraduate degrees in engineering; 24% in business; 21% in humanities\/social sciences; 15% in economics; 5% in math\/physical sciences, 5% in computer science; and 4% in other areas.<\/p>\n<p><strong> Ross Academics Related to Entrepreneurship<\/strong><\/p>\n<p>Each year of the Ross MBA program consists of 4 terms. First-year students take required core courses during their first 3 terms. (See a list of required courses <a href=\"https:\/\/www2.bus.umich.edu\/MyiMpact\/academics\/core\/full-time-MBA\" target=\"_blank\">here<\/a>.)<\/p>\n<p>A highlight of the Ross curriculum (not only for entrepreneurially focused students) is the <a href=\"https:\/\/www.bus.umich.edu\/MAP\/Dev\/WhatisMAP.htm\" target=\"_blank\">Multidisciplinary Action Projects (MAP)<\/a> course. This required first-year course provides opportunities for students to work on collaborative projects for a global, hands-on, action-based, real-life experience.<\/p>\n<p><a href=\"https:\/\/www2.bus.umich.edu\/MyiMpact\/academics\/core\/full-time-MBA\" target=\"_blank\"> Second year students<\/a> choose electives in several areas of interest. Electives offered in the <a href=\"https:\/\/www.bus.umich.edu\/CourseManagement\/ViewCourseDescriptions.asp?Term=F13&amp;Dept=ES&amp;Program=MBA\" target=\"_blank\">entrepreneurial studies subject area<\/a> include:<\/p>\n<p style=\"padding-left: 30px;\">ES 504 Legal Aspects of Entrepreneurship<br \/>\nES 515 Introduction to Entrepreneurship<br \/>\nES 516 Entrepreneurship via Acquisitions<br \/>\nES 520 CleanTech Venture Opportunities<br \/>\nES 569 Managing the Growth of New Ventures<br \/>\nES 586 Entrepreneurial Practicum A and Practicum B<br \/>\nES 605 New Product and Innovation Management<br \/>\nES 615 New Venture Creation<br \/>\nES 623 Venture Capital Finance<br \/>\nES 624 Private Equity Finance<br \/>\nES 626 Global Private Equity<br \/>\nES 627 Continuing a Legacy: Leading a Family Business<br \/>\nES 629 Financing Research Commercialization<br \/>\nES 644 Introduction to Microfinance<br \/>\nES 646 Solving Societal Problems Through Enterprise and Innovation<br \/>\nES 701 Wolverine Venture Fund<br \/>\nES 702 Frankel Commercialization Fund<br \/>\nES 703 Social Venture Fund<br \/>\nES 720 Commercialization of Biomedicine<br \/>\nES 730 Marketing for Entrepreneurs<br \/>\nES 735 Entrepreneurial Turnaround Management<\/p>\n<p>(See course descriptions for these courses <a href=\"https:\/\/www.bus.umich.edu\/CourseManagement\/ViewCourseDescriptions.asp?Term=1&amp;Dept=ES&amp;Program=MBA\" target=\"_blank\">here<\/a>.)<\/p>\n<p><strong><a href=\"https:\/\/www.bus.umich.edu\/Organizations\/Clubs\/\" target=\"_blank\">Michigan Ross Entrepreneurial Clubs<\/a><\/strong><\/p>\n<p style=\"padding-left: 30px;\">\u2022 <a href=\"https:\/\/www.bus.umich.edu\/StudentLife\/StudentOrganizations\/ClubDescriptions.htm#Entrepreneur_and_Venture_Club_(EVC)\" target=\"_blank\">Entrepreneur &amp; Venture Club<\/a><\/p>\n<p style=\"padding-left: 30px;\">\u2022 <a href=\"https:\/\/www.bus.umich.edu\/StudentLife\/StudentOrganizations\/ClubDescriptions.htm#smallbusiness\" target=\"_blank\">M-Entrepreneurship<\/a><\/p>\n<p style=\"padding-left: 30px;\">\u2022 <a href=\"https:\/\/www.bus.umich.edu\/StudentLife\/StudentOrganizations\/ClubDescriptions.htm#smallbusiness\" target=\"_blank\">Ross Small Business Consulting<\/a><\/p>\n<p><strong><a href=\"https:\/\/www.bus.umich.edu\/pdf\/EmploymentData2012.pdf\" target=\"_blank\">Entrepreneur Hiring Stats at Michigan Ross<\/a><\/strong><\/p>\n<p>2.2% (or 11 graduates) of the class of 2012 (U.S. citizens\/permanent residents) reported that they started or bought their own businesses upon graduating. For foreign students, 0.3% (or 2 people) fell into this category.<\/p>\n<p>For 2012 interns (class of 2013), 0.6% of students (3 people \u2013 U.S. residents) reported that they were starting or buying companies.<\/p>\n<p><strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/List_of_University_of_Michigan_business_alumni#Entrepreneurs\" target=\"_blank\"> Companies started by Ross entrepreneurs include<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 30px;\">\u2022 JetBlue \u2013 Dave Barger<\/p>\n<p style=\"padding-left: 30px;\">\u2022 William Davidson Institute, Guardian Industria, owner of Detroit Pistons, Detroit Shock, and Tampa Bay Lightning \u2013 William Davidson (1947)<\/p>\n<p style=\"padding-left: 30px;\">\u2022 Syntel \u2013 Bharat Desai (1981)<\/p>\n<p style=\"padding-left: 30px;\">\u2022 Groupon \u2013 Brad Keywell (1991)<\/p>\n<p style=\"padding-left: 30px;\">\u2022 Sherpalo Ventures \u2013 Kavitark Ram Shriram<\/p>\n<p style=\"padding-left: 30px;\">\u2022 Bonanza Restaurants \u2013 Sam Wyly (1957)<\/p>\n<p><strong>Are you applying to Michigan\u2019s Ross School of Business? Please see our <a href=\"https:\/\/www.accepted.com\/mba\/MichiganRoss.aspx\" target=\"_blank\">Michigan Ross B-School Zone<\/a> and <a href=\"https:\/\/www.accepted.com\/services\/mba\/consultingandediting.aspx\" target=\"_blank\">Ross School of Business Application Packages<\/a> for more information on how Accepted.com can help you get accepted.<\/strong><!--HubSpot Call-to-Action Code --><br \/>\n<span class=\"hs-cta-wrapper\" id=\"hs-cta-wrapper-7aa20519-4396-4233-a2c7-5d4132510789\"><br \/>\n<span class=\"hs-cta-node hs-cta-7aa20519-4396-4233-a2c7-5d4132510789\" id=\"hs-cta-7aa20519-4396-4233-a2c7-5d4132510789\"><br \/>\n<!--[if lte IE 8]>\n\n\n<div id=\"hs-cta-ie-element\"><\/div>\n\n\n<![endif]--><br \/>\n<a href=\"https:\/\/cta-redirect.hubspot.com\/cta\/redirect\/58291\/7aa20519-4396-4233-a2c7-5d4132510789\"><img decoding=\"async\" class=\"hs-cta-img\" id=\"hs-cta-img-7aa20519-4396-4233-a2c7-5d4132510789\" style=\"border-width: 0px;\" alt=\"\" src=\"https:\/\/no-cache.hubspot.com\/cta\/default\/58291\/7aa20519-4396-4233-a2c7-5d4132510789.png\" \/><\/a><br \/>\n<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 11pt; font-family: 'Calibri','sans-serif'; color: #1f497d;\">Accepted.com's <a href=\"https:\/\/www.accepted.com\/aboutus\/AboutUs.aspx\" target=\"_blank\">experienced admissions consultants<\/a> can help you create the most impressive application possible with <a href=\"https:\/\/www.accepted.com\/Services\/MBAProgramServices.aspx\" target=\"_blank\">comprehensive packages<\/a>,<b><i> <\/i><\/b>or provide targeted assistance from <a href=\"https:\/\/www.accepted.com\/services\/mba\/admissionsconsulting.aspx\" target=\"_blank\">picking perfect programs<\/a> to <a href=\"https:\/\/www.accepted.com\/mba\/admissionsresume.aspx\" target=\"_blank\">designing a dazzling resume<\/a>, <a href=\"https:\/\/www.accepted.com\/mba\/essayediting.aspx\" target=\"_blank\">constructing engaging essays<\/a>, or <a href=\"https:\/\/www.accepted.com\/mba\/interviewservices.aspx\" target=\"_blank\">preparing for intense interview<\/a><a href=\"https:\/\/www.accepted.com\/mba\/interviewservices.aspx\" target=\"_blank\">s<\/a>\u2026and more! Accepted.com has guided thousands of applicants to acceptances at top MBA programs since 1994 \u2013 we know what works and what doesn't, so <a href=\"https:\/\/www.accepted.com\/contactus.aspx\" target=\"_blank\">contact us<\/a> to get started now!<br \/>\n<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 11pt; font-family: 'Calibri','sans-serif'; color: #1f497d;\"><em>This article originally appeared on the <a href=\"https:\/\/blog.accepted.com\/2013\/07\/14\/ross-and-entrepreneurship\/\" target=\"_blank\">Accepted Admissions Consulting Blog<\/a>, the official blog of Accepted.com.<\/em> <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"hs-cta-wrapper\" id=\"hs-cta-wrapper-7aa20519-4396-4233-a2c7-5d4132510789\"><br \/>\n<script type=\"mce-text\/javascript\">\/\/ <![CDATA[\n(function(){             var s='hubspotutk',r,c=((r=new RegExp('(^|; )'+s+'=([^;]*)').exec(document.cookie))?r[2]:''),w=window;w[s]=w[s]||c,                 hsjs = document.createElement(\"script\"), el=document.getElementById(\"hs-cta-7aa20519-4396-4233-a2c7-5d4132510789\");             hsjs.type = \"text\/javascript\";hsjs.async = true;             hsjs.src = \"\/\/cta-service-cms2.hubspot.com\/cs\/loader-v2.js?pg=7aa20519-4396-4233-a2c7-5d4132510789&#038;pid=58291&#038;hsutk=\" + encodeURIComponent(c);             (document.getElementsByTagName(\"head\")[0]||document.getElementsByTagName(\"body\")[0]).appendChild(hsjs);             try{el.style.visibility=\"hidden\";}catch(err){}             setTimeout(function() {try{el.style.visibility=\"visible\";}catch(err){}}, 2500);         })();\n\/\/ ]]><\/script><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A quick glance at Michigan Ross: Ross currently ranks in 13th place as one of the best business schools, according to US News &amp; World Report (March 2012). It is&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,1,939,775,113],"tags":[107,1175,125,1270,1213,851],"class_list":["post-19674","post","type-post","status-publish","format-standard","hentry","category-mba","category-uncategorized","category-accepted","category-admission-consultants","category-applications","tag-michigan-ross","tag-michigan-ross-school-of-business","tag-ross","tag-ross-mba","tag-ross-school-of-business","tag-um-ross-school-of-business","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/19674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=19674"}],"version-history":[{"count":2,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/19674\/revisions"}],"predecessor-version":[{"id":19677,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/19674\/revisions\/19677"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=19674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=19674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=19674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}