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Part-time MBA Tuition and Costs

 

Program Descriptions

Part-time MBA Evening students enjoy a flexible format in which they take courses at their own pace.

  • To complete the degree, students must earn 60 credits.
  • The standard credit load for Part-time MBA Evening students is set at 7.5 credits the first term and up to 9 credits per term thereafter and 3 credits per half term. Students may take fewer credits per term based on work demands, or request a slight increase in credit load if employed less than full-time.
  • Some 80 percent of Part-time MBA Evening students finish the program between 2.5 and 4.5 years.
  • Tuition Cost Sheets:

* In-State Residency Fall 2014/Winter 2015

* In-State Residency Eight Weeks Spring or Summer Terms 2015

* Out-of-State Residency Fall 2014/Winter 2015

* Out-of-State Residency Eight Weeks Spring or Summer Terms 2015

 

 

 

Part-time MBA  Weekend students enjoy a structured, cohort-based program that meets every other weekend for 24 months.

  • To complete the degree, students must earn 60 credits.
  • Credits range between 9 and 12 per term. (See Curriculum page for term-specific details.)
  • All Weekend students complete the program in two years.
  • The Spring-Summer tuition rate for Weekend MBA students includes the University-required Michigan resident or non-resident assessment.
  • Tuition Cost Sheets:

* In-State Residency Fall/Winter and Spring/Summer 2014-2015

* Out-of-State Residency Fall/Winter and Spring/Summer 2014-2015

 

Residency, Tuition, and Loans

Michigan residents pay in-state tuition rates.
Non-Michigan residents pay out-of-state tuition rates.

U.S. citizens and permanent U.S. resident students may borrow through federal or private loans to cover the cost of tuition, fees and approved other costs.
International students may borrow through private loans but will need a U.S. citizen or permanent U.S. resident cosigner.

Students who believe their status should be changed to Michigan resident, or for other questions regarding residency regulations, please contact the Residency Classification Office (734) 764-1400.
 

Part-time MBA Tuition and Fees (Estimated for Total of 60 Credits)

Michigan Resident (in-state) $ 110,650
Non-Resident (out-of-state) $ 120,670

This estimate is based on 2014-15 evening tuition rates, which were approved by the University of Michigan Board of Regents in June 2014.  Estimated 2015-16 tuition rates will be posted in early July 2015.  Evening MBA students’ annual budgets will vary based on the pace at which they complete the program.  Weekend students pay an additional $10 per credit hour, adding $600 to the above tuition estimates.

All tuition rates are subject to Regent approval and change. The University of Michigan maintains tuition and fees updates at http://ro.umich.edu/tuition. Please watch that page for updates on tuition rates. 

 

Other Costs (Per Academic Year)

In addition to tuition and fees, all Part-time MBA students may borrow funds to cover the following approved other costs. These items are listed for budgeting and federal loan purposes and are not direct charges to the student.

Books $ 756
Food and Housing $ 13,504
Personal Expenses $ 4,336
Loan Fees $ 216

The above cost of attendance budget was finalized by the University of Michigan Regents in June 2014.  The estimated 2015-16 cost of attendance budget will be posted in early July 2015.

 

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