University of Michigan's Stephen M. Ross School of Business
Lon Horwedel | File photo
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.