{"id":182,"date":"2012-07-03T13:29:55","date_gmt":"2012-07-03T17:29:55","guid":{"rendered":"https:\/\/rossweb.bus.umich.edu\/financial-aid\/financial_aid\/emba-2\/"},"modified":"2026-03-11T14:00:40","modified_gmt":"2026-03-11T18:00:40","slug":"emba","status":"publish","type":"page","link":"https:\/\/rossweb.bus.umich.edu\/financial-aid\/program-overview\/emba\/","title":{"rendered":"Executive MBA (EMBA)"},"content":{"rendered":"<div class=\"kb-row-layout-wrap kb-row-layout-id182_72a59b-88 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n\n<div class=\"wp-block-kadence-column kadence-column182_73740e-08 inner-column-1\"><div class=\"kt-inside-inner-col\">\n<p><strong>JUMP TO SECTION:<\/strong><\/p>\n\n\n\n<p><a href=\"#tuition\">EMBA Tuition Cost<\/a><br><a href=\"#VA cost sheets\">VA Information Cost Sheets<\/a><br><a href=\"#coa\">Cost of&nbsp;Attendance<\/a><br><a href=\"\/financial-aid\/tuition-costs\/tuition-due-dates\" target=\"_blank\" rel=\"noreferrer noopener\">Due Dates and Billing<\/a><br><a href=\"#sponsor\">Corporate Sponsorship<\/a><br><a href=\"\/financial-aid\/loan-programs\/overview\" target=\"_blank\" rel=\"noreferrer noopener\">Loan Options<\/a><br><a href=\"\/financial-aid\/scholarships\/EMBA\" target=\"_blank\" rel=\"noreferrer noopener\">Scholarships<\/a><br><a href=\"\/financial-aid\/other\" target=\"_blank\" rel=\"noreferrer noopener\">Other Resources<\/a><br><a href=\"\/financial-aid\/international\" target=\"_blank\" rel=\"noreferrer noopener\">International Students<\/a><br><a href=\"\/financial-aid\/vets\">Veterans<\/a><br><a href=\"#map\">Multidisciplinary Action Projects (MAP)<\/a><\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-column kadence-column182_fd95f2-79 inner-column-2\"><div class=\"kt-inside-inner-col\">\n<h2 class=\"wp-block-heading\">Executive&nbsp;MBA Program Description<\/h2>\n\n\n\n<p>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.<\/p>\n<\/div><\/div>\n\n<\/div><\/div>\n\n\n<h3 class=\"wp-block-heading\" id=\"tuition\">Executive&nbsp;MBA Tuition Cost<\/h3>\n\n\n\n<p>Ann Arbor and Los Angeles students pay the same tuition. Tuition rate will be based on student&#8217;s entering Cohort Group and charged the same rate for all 5 semesters.<\/p>\n\n\n<div class=\"kb-row-layout-wrap kb-row-layout-id182_f28563-fe alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n\n<div class=\"wp-block-kadence-column kadence-column182_b348d5-83 inner-column-1\"><div class=\"kt-inside-inner-col\">\n<figure class=\"wp-block-table\"><table><tbody><tr><td>&nbsp;<\/td><td><strong>Michigan Resident<\/strong><\/td><td><strong>Non &#8211; Resident<\/strong><\/td><\/tr><tr><td><strong><strong>Cohort 31 &#8211; starting Fall 2024<\/strong><\/strong><\/td><td>$37,200 per semester<\/td><td>$38,200 per semester<\/td><\/tr><tr><td><strong>Cohort 32 &#8211; starting Fall 2025<\/strong><\/td><td>$38,800 per semester<\/td><td>$39,800 per semester<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-column kadence-column182_9afc42-70\"><div class=\"kt-inside-inner-col\"><\/div><\/div>\n\n<\/div><\/div>\n\n\n<h4 class=\"wp-block-heading\"><strong>Tuition for the Michigan Ross EMBA Program covers:<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>All tuition for courses, workshops, special speakers, and events<\/li>\n\n\n\n<li>Textbooks and course materials, software, and communications needs&nbsp;<\/li>\n\n\n\n<li>All accommodations and meals; including breakfasts, lunches, dinners, snacks\/coffee breaks, and occasional group dining excursions if organized by the EMBA Program.<\/li>\n<\/ul>\n\n\n\n<p>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&#8217;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.<\/p>\n\n\n\n<p>The Cohort 31 tuition rates were approved by the University of Michigan Board of Regents in June 2024.&nbsp; The Cohort 32 tuition rates will be approved by the University of Michigan Board of Regents in June 2025.&nbsp; Each entering Cohort will have their tuition rates known in July prior to the start of their entering term.<\/p>\n\n\n\n<p>For information on current tuition and fee rates, please visit the <a href=\"http:\/\/ro.umich.edu\" target=\"_blank\" rel=\"noreferrer noopener\">Office of the Registrar website<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">EMBA Estimated Other Academic&nbsp;Costs (outside of tuition)<\/h3>\n\n\n\n<p>In addition to tuition cost, EMBA students may borrow educational loans against&nbsp;the following&nbsp;approved budget items. These budget items are listed for loan purposes&nbsp;only and will not be&nbsp;charges to the student.&nbsp;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.<\/p>\n\n\n<div class=\"kb-row-layout-wrap kb-row-layout-id182_cad8b6-58 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n\n<div class=\"wp-block-kadence-column kadence-column182_79d7ca-30 inner-column-1\"><div class=\"kt-inside-inner-col\">\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Food and Housing<\/td><td><strong>$21,016 <\/strong>per semester<\/td><\/tr><tr><td>Misc. Personal Expenses (including Health Insurance)<\/td><td><strong>$7,152 <\/strong>per semester<\/td><\/tr><tr><td><strong>Estimated Cost of Attendance Total:<\/strong><\/td><td><strong><strong>$28,168 <\/strong>per semester<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-column kadence-column182_e696c8-27 inner-column-2\"><div class=\"kt-inside-inner-col\"><\/div><\/div>\n\n<\/div><\/div>\n\n\n<p>The above estimated Cost of Attendance (COA) budget was finalized by the University of Michigan Board of Regents in July 2025. &nbsp;The estimated 2026 \u2013 2027&nbsp;Cost of Attendance (COA) budget will be available&nbsp;July 2026.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Loan borrowing information<\/strong><\/h3>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-8cf370e7 wp-block-group-is-layout-flex\">\n<p>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 <span style=\"text-decoration: underline;\"><strong>three (3) <\/strong>loan applications<\/span> based on the type of loans and when the loans are needed for. <\/p>\n\n\n\n<p>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&nbsp;traditional&nbsp;or&nbsp;non-traditional&nbsp;term. Fall and Winter loan can be combined or separate but are considered&nbsp;a&nbsp;traditional&nbsp;term and would be certified as such. The Spring\/Summer loan is considered a&nbsp;non-traditional&nbsp;term and any loans would need to be applied separately from Fall\/Winter and would be certified as such by our Loan department.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Loan information on what options students may have are listed on our <strong><a href=\"https:\/\/rossweb.bus.umich.edu\/financial-aid\/loan-programs\/\" target=\"_blank\" rel=\"noreferrer noopener\">iMpact Loan page<\/a>.<\/strong><\/p>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\">Terms, type of term, within which academic year for 2024-2026 terms:<\/h4>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Term(s)<\/strong>:<\/td><td><strong>Type of term:<\/strong><\/td><td><strong>Academic Year:<\/strong><\/td><\/tr><tr><td>Spring\/Summer 2025<\/td><td>Non-traditional term<\/td><td>2024-2025 academic year<\/td><\/tr><tr><td>Fall 2025 and Winter 2026<\/td><td>Traditional term(s)<\/td><td>2025-2026 academic year<\/td><\/tr><tr><td>Spring\/Summer 2026<\/td><td>Non-traditional term<\/td><td>2025-2026 academic year<\/td><\/tr><tr><td>Fall 2026 and Winter 2027<\/td><td>Traditional term(s)<\/td><td>2026-2027 academic year<\/td><\/tr><tr><td>Spring\/Summer 2027<\/td><td>Non-traditional term<\/td><td>2026-2027 academic year<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>EMBA Veterans Information<\/strong><\/h3>\n\n\n\n<p>For the EMBA Veteran students that plan to use their Chapter 33 benefits to pay for tuition, please review the VA EMBA Information Cost Sheets to understand your out of pocket expense against the EMBA Tuition structure. The out of pocket expense is updated each July for the upcoming academic year for each cohort.<\/p>\n\n\n\n<p>For utilizing&nbsp;any&nbsp;VA&nbsp;benefits, a student will want to visit the U of M&nbsp;Veteran&nbsp;and Military Services&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/vets.umich.edu\/paying-for-college\/veteran-benefits\/certification-policies-and-proceedures\/\" target=\"_blank\"><strong>website<\/strong><\/a>&nbsp;that will help guide you in regards to the process for using&nbsp;VA&nbsp;benefits.&nbsp; Questions can be directed to Alex Margraves at&nbsp;<strong><a rel=\"noreferrer noopener\" href=\"mailto:ro.vetsbenefits@umich.edu\" target=\"_blank\">ro.vetsbenefits@umich.edu<\/a><\/strong>. Be sure to include your UMID number in all correspondence.<a id=\"VA cost sheets\"><\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>VA EMBA&nbsp;2025 &#8211; 2026 Information Cost Sheet<\/strong> <\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-theme-palette-3-color\"><a href=\"https:\/\/rossweb.bus.umich.edu\/financial-aid\/wp-content\/uploads\/sites\/4\/2025\/07\/25-26-aa-emba-cohort-31-va-non-academic-cost-sheet.pdf\" data-type=\"link\" data-id=\"https:\/\/rossweb.bus.umich.edu\/financial-aid\/wp-content\/uploads\/sites\/4\/2025\/07\/25-26-aa-emba-cohort-31-va-non-academic-cost-sheet.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">VA EMBA Cohort 31 \u2013 Ann Arbor campus \u2013 Non-Academic Cost Sheet<\/a><\/mark><\/strong><\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-theme-palette-3-color\"><a href=\"https:\/\/rossweb.bus.umich.edu\/financial-aid\/wp-content\/uploads\/sites\/4\/2025\/07\/25-26-la-emba-cohort-31-va-non-academic-cost-sheet.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">VA EMBA Cohort 31 \u2013 Los Angeles campus \u2013 Non-Academic Cost Sheet<\/a><\/mark><\/strong><\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-theme-palette-3-color\"><a href=\"https:\/\/rossweb.bus.umich.edu\/financial-aid\/wp-content\/uploads\/sites\/4\/2025\/07\/25-26-aa-emba-cohort-32-va-non-academic-cost-sheet.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">VA EMBA Cohort 32 \u2013 Ann Arbor campus \u2013 Non-Academic Cost Sheet<\/a><\/mark><\/strong><\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-theme-palette-3-color\"><a href=\"https:\/\/rossweb.bus.umich.edu\/financial-aid\/wp-content\/uploads\/sites\/4\/2025\/07\/25-26-la-emba-cohort-32-va-non-academic-cost-sheet.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">VA EMBA Cohort 32 \u2013 Los Angeles campus \u2013 Non-Academic Cost Sheet<\/a><\/mark><\/strong><a id=\"coa\"><\/a><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Employer&nbsp;support information&nbsp;<\/h3>\n\n\n\n<p>EMBA students with employer sponsorship or tuition reimbursement to assist with full or part tuition by their employers, can work with Student Financial Services &#8211; Sponsor Accounts. Sponsored students are those students that are registered and require\u00a0for the University of Michigan <a href=\"http:\/\/www.finance.umich.edu\/finops\/student\/sponsoredstudents\" target=\"_blank\" rel=\"noreferrer noopener\">Student Financial Services<\/a>\u00a0to bill an outside sponsor for tuition and fees while they attend the University of Michigan.\u00a0Student 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.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>UM Student Financial Services \u2013 Sponsored Account Team Information<\/strong><\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Phone:&nbsp;<strong>734-764-7447<\/strong><\/li>\n\n\n\n<li>Fax:&nbsp;<strong>&nbsp;734-647-0061<\/strong><\/li>\n\n\n\n<li>Email:&nbsp;&nbsp;<a rel=\"noreferrer noopener\" href=\"mailto:um-sponsors@umich.edu\" target=\"_blank\">um-sponsors@umich.edu<\/a><\/li>\n\n\n\n<li>Website:&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/finance.umich.edu\/finops\/student\/sponsoredstudents\" target=\"_blank\">finance.umich.edu\/finops\/student\/sponsoredstudents<\/a><\/li>\n<\/ul>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Employer support with the enrollment deposit<\/strong><\/h6>\n\n\n\n<p>Please notify the EMBA Program Office at&nbsp;<strong><a href=\"mailto:rossemba@umich.edu\" target=\"_blank\" rel=\"noreferrer noopener\">rossemba@umich.edu<\/a><\/strong>&nbsp;or 734-647-3400 if your organization will be paying the non-refundable enrollment deposit and cannot use the University\u2019s online credit card process.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Residency<\/h3>\n\n\n\n<p>Students who believe their residency status should be In-state&nbsp;(Michigan Resident) and not Out-of-state&nbsp;(Non-Resident), will want to contact the&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/ro.umich.edu\/tuition-residency\/residency\" target=\"_blank\">Residency Classification Office<\/a>. Phone: (734) 764-1400 Email:&nbsp;<a rel=\"noreferrer noopener\" href=\"mailto:ro.residency@umich.edu\" target=\"_blank\">ro.residency@umich.edu<\/a><a id=\"sponsor\"><\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Multidisciplinary Action Projects (MAP) &#8211; EMBA Second year<\/h3>\n\n\n\n<p>All EMBA&nbsp;students will participate in MAP during their fourth semester.<\/p>\n\n\n\n<p>There is no cost to the student for participating in MAP. On behalf of the student, the&nbsp;participating MAP company sponsors will cover all MAP related expenses. To account for the cost of MAP covered by the company sponsors,&nbsp;and as per federal regulations, this support must be reported against the student&#8217;s account.&nbsp;<\/p>\n\n\n\n<p><strong>What this means to you and your financial aid:<\/strong><\/p>\n\n\n\n<p>For Cohort 31&nbsp;EMBA&nbsp;students participating in MAP in Fall 2025, an estimated \u201cMAP EMBA&nbsp;Placeholder\u201d of $1,947 will show on the financial aid award. This is to&nbsp;record the cost covered by MAP company sponsors. All EMBA Cost of Attendance budgets are also&nbsp;increased by $1,947&nbsp;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\u2019s&nbsp;account.&nbsp;The MAP placeholder will&nbsp;<strong>not&nbsp;<\/strong>reduce, refund or disburse against the student\u2019s account \/ tuition cost.&nbsp;<\/p>\n\n\n\n<p>For EMBA \u2013 Cohort 31, the MAP EMBA placeholder and budget offset for Fall 2025&nbsp;will be $1,947.&nbsp;The MAP placeholder <strong>will<\/strong>&nbsp;<strong>not&nbsp;<\/strong>reduce, refund or disburse against the student\u2019s account \/ tuition cost.&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Please contact&nbsp;<a rel=\"noreferrer noopener\" href=\"mailto:rossfinaid@umich.edu?subject=MAP%20Placeholder%20Question\" target=\"_blank\">Ross Financial Aid<\/a>&nbsp;if you have any questions regarding financial aid or other questions. Be sure to include your UMID number in all correspondence with our office.<\/strong><\/p>\n\n\n\n<p><cite>The Ross School of Business Office of Financial Aid is a satellite office of the University of Michigan Office of Financial Aid. <\/cite><br>&nbsp;<\/p>\n\n\n\n<p><\/p>\n<style class=\"advgb-styles-renderer\">.kb-row-layout-id182_72a59b-88 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id182_72a59b-88 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id182_72a59b-88 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);grid-template-columns:repeat(2, minmax(0, 1fr));}.kb-row-layout-id182_72a59b-88 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id182_72a59b-88 > .kt-row-column-wrap{grid-template-columns:repeat(2, minmax(0, 1fr));}}@media all 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BillingCorporate SponsorshipLoan OptionsScholarshipsOther ResourcesInternational StudentsVeteransMultidisciplinary Action Projects (MAP) Executive&nbsp;MBA Program Description The Executive MBA (EMBA) is a 21-month program, with Cohorts meeting in Ann Arbor and Los Angeles. 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