Master of Management (MM)

Master of Management (MM) Program:

The Master of Management is a 10 month program. Students attend for 3 consecutive terms (Summer, Fall, and Winter) and complete 30.75 credit hours. 

MM Tuition Cost for 2024 – 2025

Term:Michigan ResidentNon Resident
Summer 2024$10,723$11,723
Fall 2024$21,446$23,446
Winter 2025$21,446$23,446
Total$53,615$58,615

The Cohort 2024 tuition rates were approved by the University of Michigan Board of Regents in June 2023. The entering Cohort 2025 rates will be approved in June 2024 and released in 2025.  

All registered students will be charged for the mandatory registration fees per term. Class fees are dependent on the registered classes. For information on current tuition and fee rates, please visit the Office of the Registrar website.

MM Cost of Attendance Budget For Cohort 2024

MM Cost of Attendance (COA) Budget for Summer 2024
Estimated Cost:Michigan ResidentNon Resident
Tuition – 6.5 credits$10,723$11,723
Registration Fees$83$83
Books and Supplies$321$321
Food and Housing$4,676$4,676
Personal Expenses (including travel and health care insurance)$1,705$1,705
Federal Loan Fees$56$56
Estimated Cost of Attendance – Summer$17,564$18,564
MM Cost of Attendance (COA) Budget for Fall 2024 and Winter 2025
Estimated Cost:Michigan ResidentNon Resident
Tuition$42,892$46,892
Registration FeesTBDTBD
Books and SuppliesTBDTBD
Food and HousingTBDTBD
Personal Expenses (including travel and health care insurance)TBDTBD
Federal Loan FeesTBDTBD
Estimated Cost of Attendance – Fall & Winter TBDTBD

Cohort 2024 Fall/Winter Cost of Attendance Budget will be updated in July 2024. Entering Cohort 2025 entering in Summer 2025 will have their Fall/Winter budget will be updated in July 2025.

Cost of Attendance (COA) Budget

A student’s financial aid is awarded based on the above standard estimated Cost of Attendance (COA) budget. Students may borrow up to the Cost of Attendance budget; less other aid (such as scholarships and department aid) to cover other budget expenses. All funds, scholarships, loans or other funding received, must fit within the COA budget.

Any awarding after receiving full COA budget, may affect other aid. Please reach out to Ross Financial Aid to have financial aid reviewed to know if something will be affected.

Students enrolled less than 9 credits for Fall or Winter term, will be subject to a budget adjustment. Financial Aid will identify the students that are less than 9 credits after the University’s first initial Add/Drop date of the semester, and adjust student’s Cost of Attendance to match that of actual tuition charge on account, which may result in a reduction of awarded aid. To learn more about the University’s Add/Drop date, visit the Registrar’s website and click on “Calendars”> checkbox “Registration Deadlines”> select an “Academic Term” and hit “Submit” to view the University’s registration deadlines.

Sometimes the standard estimated Fall and Winter Cost of Attendance does not realistically meet a student’s actual expenses. Student’s that are in need of additional aid beyond the standard estimated Cost of Attendance budget, may want to seek a Budget Re-Evaluation. The Budget Re-Evaluation option opens in early October.

Loan borrowing information

When students are looking to borrow loans to assist in the cost of tuition with or without the COA living/education expenses, they may be completing up to two (2) loan applications based on the type of loans and when the loans are needed for.

For students attending a program and registered in terms during different academic years, financial aid would be requested and awarded accordingly. Financial aid can be requested for an academic year but awarding would be per either a traditional or non-traditional term. Fall and Winter loan can be combined or separate but are considered a traditional term and would be certified as such. The Spring/Summer loan is considered a non-traditional term and any loans would need to be applied separately from Fall/Winter and would be certified as such by our Loan department.  

Loan information on what options students may have are listed on our Loan page.

Terms, type of term, within which academic year for 2024-2027 terms:

Term(s):Type of term:Academic Year:
Summer 2023Non-traditional term2022-2023 academic year
Fall 2023 and Winter 2024Traditional term(s)2023-2024 academic year
Summer 2024Non-traditional term2023-2024 academic year
Fall 2024 and Winter 2025Traditional term(s)2024-2025 academic year
Summer 2025Non-traditional term2024-2025 academic year
Fall 2025 and Winter 2026Traditional term(s)2025-2026 academic year
Summer 2026Non-traditional term2025-2026 academic year
Fall 2026 and Winter 2027Traditional term(s)2026-2027 academic year

Registration and fees information

The University of Michigan bills all students for tuition and registration fees.

  • All registered students will be charged $83.10 for mandatory fees for Summer term. Students will be charged $166.19 for the mandatory registration fees per Fall and Winter term.
  • Class fees are dependent on the registered classes.
  • Housing is billed only if the student lives in University of Michigan housing.
  • International students:
  • Billing and payments are handled by the Student Financial Services.

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. Phone: (734) 764-1400; Email: ro.residency@umich.edu


Please contact Ross Financial Aid if you have any questions regarding financial aid or other questions. Be sure to include your UMID number in all correspondence with our office.

The Ross School of Business Office of Financial Aid is a satellite office of the University of Michigan Office of Financial Aid.