Overview
The Mike Ilitch School of Business is the business school of Wayne State University, renamed and relocated in 2018 following a major gift from the Ilitch family, owners of Little Caesars and the Detroit Tigers and Red Wings. Housed in a state-of-the-art building in the Midtown/Downtown Detroit corridor, the school built on decades of business education at Wayne State, tracing its roots back over a century, and has positioned itself as a hub for entrepreneurship and urban business engagement. It is best known for its proximity to major Detroit employers, strong ties to the automotive and sports business industries, and programs emphasizing experiential and applied learning.
At a Glance
| Type | Public |
| Location | Detroit, Michigan |
| Founded | 1946 |
| Total students | 2,500 |
| Student–faculty ratio | 20:1 |
| Acceptance rate | 80% |
| Graduation rate | 55% |
| Average starting salary | $55,000 |
Tuition & Costs (estimates)
| In-state tuition | $14,500 |
| Out-of-state tuition | $32,000 |
| Room & board | $11,500 |
| Average financial aid | $12,000 |
| Students receiving aid | 80% |
Admissions
| SAT range | 1000-1200 |
| ACT range | 19-25 |
| Average GPA | 3.40 |
| Regular deadline | Rolling |
Top Programs
- Finance
- Marketing
- Accounting
- Entrepreneurship
- Business Analytics
Figures are estimates for exploration — verify current costs, deadlines, and requirements on the university's official website.