The Executive MBA (EMBA) is a 21-month program, with cohorts meeting in Ann Arbor and Los Angeles. Ann Arbor and Los Angeles students pay the same tuition and costs which cover:
- Tuition and fees
- All Executive MBA course materials (books, course packs, and handouts)
- Lodging and meals
Participants traveling from outside the respective regions may be eligible (depending on the distance traveled) to stay in campus facilities on Thursday night prior to Friday morning classes and Saturday night after classes. Lodging and meals also are covered for the duration of extended on-campus residencies.
EMBA students are required to pay for all transportation to and from Ann Arbor and/or Los Angeles.
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.
Executive MBA Tuition, Fees, Course Materials, Lodging and Meals
The first tuition bill will be due August 2013. While tuition and costs for the 2013 entering class will be announced in July 2013, the costs of the 21-month Executive MBA (EMBA) Program that began in Fall 2012 were:
|Enrollment Deposit (non-refundable, applied to tuition)||$ 3,000|
|Michigan Resident (in-state) - five terms, $26,200 per term||$ 131,000|
|Non-Resident (out-of-state) - five terms, $27,200 per term||$ 136,000|
This estimate is based on 2012-13 tuition rates, which were approved by the University of Michigan Board of Regents in June 2012. Estimated 2013-14 tuition rates will be posted in early July 2013.
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 (Included in Tuition and Costs)
All EMBA students may borrow funds to cover the following approved budget items. These budget items are listed for federal loan purposes and are not direct charges to the student.
|Food and Housing||$ 12,852|
|Personal Expenses||$ 4,042|
The above cost of attendance budget was finalized by the University of Michigan Regents in June 2012. The estimated 2013-14 cost of attendance budget will be posted in early July 2013.
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.
|Type of Company Sponsorship||Contact||Contact Information|
|Paid by Term||UM Student Financial Services||
Sandy Taylor, Sponsored Accounts
|All Other Payments (including Full One-Time Payments)||EMBA Program Office||
Ann Arbor: 734.647.3400
Enrollment Deposits for Sponsored Students: Please notify the EMBA Program Office at email@example.com or 734.647.3400 if your organization will be paying the nonrefundable enrollment deposit and cannot use our online credit card process.