cgeorgan1
I might have mentioned that I was an alumni, as well as a current (and past) resident of the State of Michigan. I should also mention that, in addition to earning my degree at Michigan, my two brothers and wife did as well.
Fantastic - it's always nice to meet (even virtually) a fellow wolverine. I hope you continue making your donations to the sports program here. As we try to rebuild the football team over the next few years, the university could really use the $$$
cgeorgan1
As I believe I'm speaking to an international applicant, you should realize that there is a significant portion of the State of Michigan who believes that the resources of our state should be primarily focused on residents of the state. It is the reason why, many years ago, the percentage of in-state vs. out-of-state admissions to the undergraduate program were capped at 2/3 vs. 1/3, to ensure that "higher paying" out of state students did not displace in-state residents.
I am aware that The University of Michigan is funded largely from its own endowment (I believe that the amount of state funding amounts to roughly 5% of their total operating budget). However, that does not change the character of the institution.
Absolutely agree. Despite the fact that the State of Michigan funds only about 6.8% of the University's operating expenses, Michigan is and probably will remain for the foreseeable future a public university. I think that there are pros and cons to both higher education models - public and private, but that is a discussion we can (and should) have outside of the context of this particular thread. But I would like to make something clear to ensure there is no confusion - while the character of the university at large is public, I can definitely say that that does not extend to Ross. Ross has no restrictions on how many applicants of each race, color, creed, gender, socio-economic status, ethnicity it has to admit. That is not going to change.
cgeorgan1
I, for one, would like to see more in-state admissions from the school regardless. A recent article in the Michigan Daily (suggested reading for many of you hopefuls out there), titled "Stay Maize and Blue" encouraged graduate programs at the University to reach out to current and former students of the institution (
Here's a link to the article).
I am genuinely interested in reading this and understanding the author's perspective on how this will benefit the University. It would be great if you could post a working URL. That said, I disagree that there should be more in-state students just for the sake of having more in-state students. The biggest benefit of going to business school is the network you build there. If 50% of the class consisted of Michiganders who want to stay in Michigan after they graduate, that makes the other 50% (who want to do things outside of Michigan) less enthusiastic about the program. In the long run, this will lead to a situation where the only people who want to study here will be from Michigan, and will want to stay here in Michigan. There's nothing wrong with the people from Michigan - actually, some of the smartest and nicest folks I have met during my stay here at Ann Arbor are from the state of Michigan. But creating application "quotas" is a recipe for disaster. Michigan needs to have a diverse network - VCs in the coast cities, bankers in NY, consultants in Chicago, government folks in DC, and entrepreneurs, managers and businessmen in Michigan. Arguably, for a business school to have impact on society it needs its graduates to go where businesses were, are and will be – without restriction. That makes for a positive reenforcing cycle where these successful alums improve the brand of the school, which consequently leads to higher quality applicants (and students).
cgeorgan1
This encourages people, such as myself (a long time resident of the State) to stay within the State of Michigan to help rebuild what has become an ailing economy. I would much rather see graduates of the University of Michigan remain to help re-build what was once a predominately automotive economy into a more generalized industrial economy - rather than see (honestly) international students apply to the school so that they can go off to 57th and Lexington in search of an analyst position at Big-Box-Capital-Management...something a fairly large percentage of current graduates do.
I think you have a fantastic goal, and hope you achieve it. Just so you know, over the years I have been here (3 because of the dual degree), I am seeing an increase in the number of Ross graduates electing to stay in Michigan after school. Some are going to big consulting firms, one set up his own VC fund, some others are going to work for startups in the Ann Arbor area and some are going into traditional industry - auto and other manufacturing. I think Ross has a very balanced recruiting profile that is not unduly skewed towards any particular industry or a particular geography (e.g. financial services is 16% of the graduating class - and that includes investment banking).
To summarize - I want to say that Michigan's diversity in terms of geographic hitting power and industry/function reach is one of its assets. While a lot of other schools are skewed (to varying degrees of course) in one or more of the above criteria, Michigan has managed to keep its wide reach and stay close to its goal - to build businessmen and leaders. I can see that you love Michigan dearly, and sincerely hope it all works out for you.