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===Employability=== The university is listed among the leading suppliers of undergraduate and graduate alumni to [[Silicon Valley]] tech firms.<ref>{{cite web |title=Silicon Valley hires the most alumni of these 10 universities, and none of them are in the Ivy League |url=https://qz.com/967985/silicon-valley-companies-like-apple-aapl-hires-the-most-alumni-of-these-10-universities-and-none-of-them-are-in-the-ivy-league |website=qz.com |date=April 25, 2017 |access-date=July 2, 2024 }}</ref> In 2015, the university ranked 6th on the list of top feeder schools for [[Google]], which employed over 500 graduates at the time. The university ranked 10th on the list of top feeder schools for [[Meta Platforms|Meta]].<ref>{{cite web |author=Ronald Barba |title=Here Are the Top Feeder Schools You Should Attend If You Want a Job at Google, Apple, or Facebook |url=https://tech.co/news/top-feeder-schools-attend-want-job-google-apple-facebook-2015-01/ |website=tech.co |publisher=Marketing VF Ltd. |date=January 10, 2015 |access-date=July 2, 2024}}</ref> Google and Meta remain the university's first and second top employers in 2024.<ref>{{cite web |title=Top Feeders to Tech and Silicon Valley (Updated 2024) |url=https://www.collegetransitions.com/dataverse/top-feeders-tech |website=collegetransitions.com |date=July 13, 2021 |access-date=July 2, 2024}}</ref> The university has ranked 3rd overall in [[investment banking]] [[Financial analyst|analyst]] placements, according to data from Terrain Analytics.{{cn|date=April 2025}} This ranking is based on 216 total hires of graduates from 2008 to 2023 who secured positions within the United States, including 74 placements at elite firms such as [[Goldman Sachs]], [[Morgan Stanley]], [[JPMorgan Chase]], [[Evercore]], and [[Centerview Partners]].{{cn|date=April 2025}} The ranking adjusts to 8th place when accounting for the size of the undergraduate population.{{cn|date=April 2025}} The university also ranked 3rd overall in recruiting for undergraduate [[management consulting]] jobs, with 102 graduates from 2014-2020 securing positions at the [[Big Three (management consultancies)|Big Three]] firms: [[McKinsey & Company|McKinsey]], [[Boston Consulting Group|BCG]], and [[Bain & Company|Bain]].{{cn|date=April 2025}} In 2022, [[Michigan Ross]] ranked 11th among all business schools in the United States according to Poets & Quants, with its MBA graduates earning an average starting base salary of $165,000 and an average sign-on bonus of $30,000.<ref>{{cite web |title=MBA Salaries & Bonuses At The Top 30 U.S. Business Schools |url=https://poetsandquants.com/2023/01/25/mba-salaries-and-bonuses/ |website=poetsandquants.com |date=January 25, 2023 |access-date=July 2, 2024 }}</ref> In academia, the university ranks among the five most common institutions for doctoral training, alongside [[UC Berkeley]], [[Harvard]], the [[University of Wisconsin-Madison]], and [[Stanford]]. Together, these universities have trained one in eight tenure-track faculty members currently serving at institutions of higher learning across the nation.<ref>{{cite web |last=Taylor |first=Michelle |title=Just 5 Universities Train Majority of Academics |url=https://www.laboratoryequipment.com/590235-Just-5-Universities-Train-Majority-of-Academics/ |website=laboratoryequipment.com |date=September 22, 2022 |access-date=July 31, 2024 }}</ref> The [[U.S. Department of Education]] reports that as of June 2024, federally aided students who attended University of Michigan-Ann Arbor had a median annual income of $83,648 (based on 2020-2021 earnings adjusted to 2022 dollars) five years after graduation.<ref name="collegescorecard">{{Cite web |title=U.S. Department of Education College Scorecard - University of Michigan-Ann Arbor |url=https://collegescorecard.ed.gov/school/?170976-University-of-Michigan-Ann-Arbor |access-date=July 2, 2024 |website=collegescorecard.ed.gov |publisher=U.S. Department of Education}}</ref> This figure exceeds both the midpoint for 4-year schools of $53,617 and the [[Personal income in the United States|U.S. real median personal income]] of $40,460 for the year 2021 adjusted to 2022 dollars.<ref name="collegescorecard" /><ref>{{cite web |title=Real Median Personal Income in the United States |url=https://fred.stlouisfed.org/series/MEPAINUSA672N |website=fred.stlouisfed.org |access-date=July 6, 2024}}</ref> Federally aided bachelor's graduates from the university's largest program, computer and information science, which had over 950 students in the 2020-21 cohort, had a median annual income of $153,297 five years after graduation.<ref name="collegescorecard" /> According to data from the U.S. Department of Education, [[law degree|law]] tops the list of most valuable [[professional degree|first professional degrees]] offered by the university when ranked by earnings potential in 2022, with its federally aided students earning a median salary of $197,273 five years after graduation.<ref name="collegescorecard" /> [[dental degree|Dentistry]] ($158,677), [[bachelor of pharmacy|pharmacy]] ($142,224), and [[medical degree|medicine]] ($134,187) follow behind in that order.<ref name="collegescorecard" /> The fields of [[bachelor of business administration|business administration]] ($140,827), [[Bachelor of Economics|economics]] ($108,627), [[Bachelor of Mathematics|mathematics]] ($107,395), and [[statistics]] ($105,494) are among the bachelor's degree programs with the highest earning potential offered by the university.<ref name="collegescorecard" /> In 2022, the university's federally aided students in these programs were earning median salaries exceeding the $100,000 threshold five years after graduation.<ref name="collegescorecard" /> Additionally, various engineering disciplines such as [[computer engineering]] ($123,120), [[aerospace engineering|aerospace, aeronautical, and astronautical engineering]] ($113,025), [[industrial engineering]] ($109,239), [[electrical engineering|electrical, electronics and communications engineering]] ($109,107), [[mechanical engineering]] ($101,514), [[chemical engineering]] ($100,000) are among the top-earning majors.<ref name="collegescorecard" /> [[Bachelor of Computer Science|Computer sciences]] ($153,297) and [[information science]] ($125,257) also fall into this high-earning category.<ref name="collegescorecard" />
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