Executive MBA (EMBA)
Executive MBA Program Description
The Executive MBA (EMBA) is a 21-month program, with Cohorts meeting in Ann Arbor and Los Angeles. Students attend 5 consecutive semesters (Fall, Winter, Spring/Summer, Fall and Winter) and complete 47.5 credit hours to earn their degree.
Executive MBA Tuition Cost
Ann Arbor and Los Angeles students pay the same tuition. Tuition rate will be based on student’s entering Cohort Group and charged the same rate for all 5 semesters.
Michigan Resident | Non – Resident | |
Cohort 28 started Fall 2021 | $33,700 per Semester | $34,700 per Semester |
Cohort 29 started Fall 2022 | $34,700 per Semester | $35,700 per Semester |
Tuition for the Michigan Ross EMBA Program covers:
- All tuition for courses, workshops, special speakers, and events
- Textbooks and course materials, software, and communications needs
- All accommodations and meals; including breakfasts, lunches, dinners, snacks/coffee breaks, and occasional group dining excursions if organized by the EMBA Program.
All accommodations and meals are covered for the duration of extended on-campus residencies. In addition, international and/or domestic travel required for the EMBA MAP project course is covered by sponsoring organizations and/or the EMBA Program. Note that tuition does not cover student’s monthly travel expenses. EMBA students are required to pay for all transportation to and from Ann Arbor and/or Los Angeles. If you are traveling from outside the region, you may be eligible (depending on distance traveled) to stay in EMBA Program facilities on the Saturday night after classes.
The Cohort 29 tuition rates were approved by the University of Michigan Board of Regents in June 2022. Cohort 30 tuition rates will be available July 2023.
For information on current tuition and fee rates, please visit the Office of the Registrar website.
VA EMBA 2022-2023 Information Cost Sheet:
- VA EMBA Cohort 28 – Ann Arbor campus – Non-Academic Cost Sheet
- VA EMBA Cohort 28 – Los Angeles campus – Non-Academic Cost Sheet
- VA EMBA Cohort 29 – Ann Arbor campus – Non-Academic Cost Sheet
- VA EMBA Cohort 29 – Los Angeles campus – Non-Academic Cost Sheet
Other Estimated Academic Costs (not charged)
In addition to tuition cost, EMBA students may borrow educational loans against the following approved budget items. These budget items are listed for loan purposes only and will not be charges to the student. Students are able to borrow up to the estimated Cost of Attendance (cohort tuition + approved budget items). If a student elects to borrow more than the cost of tuition, they will receive a refund that they may use towards other estimated personal expenses.
Food and Housing | $8,890 per Semester |
Misc. Personal Expenses (including Health Insurance) | $3,313 per Semester |
The above estimated Cost of Attendance budget was finalized by the University of Michigan Regents in June 2022. The estimated 2023 – 2024 Cost of Attendance budget will be available July 2023.
The University of Michigan bills all students for tuition only. Housing is billed only if the student lives in University of Michigan housing.
Residency
Students who believe their residency status should be In State (Michigan Resident) and not Out of State (Non-Resident), will want to contact the Residency Classification Office. 5000 LS&A Building, South State St. Ann Arbor, MI 48109-1382 Phone: (734) 764-1400 500 Fax: (734) 615-2432
Company Sponsored Payments
While some EMBA students are sponsored in full or in part by their employers, financial sponsorship is not a requirement for admission. Sponsored students are those students that are registered and require Student Financial Services to bill an outside sponsor for tuition and fees while they attend the University of Michigan. Student Financial Services will process deferred third-party billing of tuition and fees to businesses, governments, agencies and organizations desiring to sponsor a student at the University of Michigan.
UM Student Financial Services | Sponsored Accounts Phone: 877.840.4738 Fax: 734.647.0061 Email: um-sponsors@umich.edu |
Enrollment Deposits for Sponsored Students: Please notify the EMBA Program Office at rossemba@umich.edu or 734.647.3400 if your organization will be paying the nonrefundable enrollment deposit and cannot use our online credit card process.
Multidisciplinary Action Projects (MAP)
All EMBA students will participate in MAP during their fourth semester.
There is no cost to the student for participating in MAP. On behalf of the student, the participating MAP company sponsors will cover all MAP related expenses. To account for the cost of MAP covered by the company sponsors, and as per federal regulations, this support must be reported against the student’s account.
What this means to you and your financial aid:
For Cohort 28 EMBA students participating in MAP in Fall 2022, an estimated “MAP EMBA Placeholder” of $1,682 will show on the financial aid award. This is to record the cost covered by MAP company sponsors. All EMBA Cost of Attendance budgets are also increased by $1,682 to accommodate this placeholder, and to not impact aid/loan borrowing eligibility. Therefore, the budget increase and the corresponding placeholder cancel each other out and create an equal balance of expenses and payments against the student’s account. The MAP placeholder will not reduce, refund or disburse against the student’s account / tuition cost.
For Cohort 27, the MAP EMBA placeholder and budget offset for Fall 2021 will be $1,602. The MAP placeholder will not reduce, refund or disburse against the student’s account / tuition cost.
Please contact Ross Financial Aid if you have any questions regarding this process.
The Ross School of Business Office of Financial Aid is a satellite office of the University of Michigan Office of Financial Aid.