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University of Michigan

OverviewSuggest Edit

The University of Michigan (also known as Regents of The University of Michigan) is a public research university. It Includes Stephen Ross School of Business, The College of Engineering, The Law and Medical Schools, and The Musical Theatre program. The university offers ethnic, political, academic, artistic, and charitable clubs and groups. It has a research activity and the comprehensive graduate program that offers doctoral degrees in the humanities, social sciences, and STEM fields, as well as professional degrees in medicine, law, and dentistry.

TypePrivate
Founded1817
HQAnn Arbor, MI, USMap
Websiteumich.edu
Employee Ratings4.4More
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Latest Updates

Employees (est.) (Feb 2021)31,671(+2%)
Revenue (FY, 2020)$8 B
Cybersecurity ratingDMore

Key People/Management at University of Michigan

Mark S. Schlissel

Mark S. Schlissel

President
Timothy G. Lynch

Timothy G. Lynch

Vice President and General Counsel
Kevin P. Hegarty

Kevin P. Hegarty

Executive Vice President and Chief Financial Officer
Susan M. Collins

Susan M. Collins

Provost and Executive Vice President for Academic Affairs
Sally J. Churchill

Sally J. Churchill

Vice President and Secretary of the University
Marschall S. Runge

Marschall S. Runge

Executive Vice President for Medical Affairs
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University of Michigan Office Locations

University of Michigan has an office in Ann Arbor
Ann Arbor, MI, US (HQ)
500 S State St
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University of Michigan Financials and Metrics

Summary Metrics

Founding Date

1817

University of Michigan total Funding

$186.4 m

University of Michigan latest funding size

$20 m

Time since last funding

a year ago

University of Michigan investors

National Science Foundation, National Institutes of Health, U.S. Department of Defense, U.S. Department of Transportation, NASA Bioventures, Maxine and Stuart Frankel Foundation, Lisa Jeffries, Christopher M. Jeffries, D. Dan and Betty Dahn Foundation, Phil Power, Kathleen K. Power, Unhackable Hardware, ShenZhen (SZSE)
University of Michigan's latest funding round in December 2019 was reported to be $20 m. In total, University of Michigan has raised $186.4 m
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University of Michigan Revenue

University of Michigan's revenue was reported to be $7.96 b in FY, 2020 which is a 0.4% decrease from the previous period.
USD

Revenue (FY, 2020)

8.0b

Revenue growth (FY, 2019 - FY, 2020), %

(0.4%)

Net income (FY, 2020)

(276.9m)

EBIT (FY, 2020)

(1.4b)

Cash (30-Jun-2020)

1.3b
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.1b7.5b8.0b8.0b

Revenue growth, %

5%7%0%

Operating expense total

7.9b8.6b9.0b9.4b

Depreciation and amortization

537.7m568.7m567.9m566.7m
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USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

105.1m133.4m397.3m1.3b

Accounts Receivable

639.4m666.8m714.6m583.9m

Current Assets

2.7b2.7b2.9b4.1b

Total Assets

20.9b22.1b22.9b24.2b
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USDFY, 2017FY, 2018FY, 2019FY, 2020

Depreciation and Amortization

537.7m568.7m567.9k566.7m

Accounts Payable

(4.1m)(32.2m)4.1k50.0m

Cash From Operating Activities

(173.6m)(411.1m)(317.9k)(95.0m)

Cash From Investing Activities

(278.4m)299.3m411.3k(130.0m)
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USDFY, 2017

Revenue/Employee

376.2k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
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University of Michigan Operating Metrics

Sep, 2020

Degree Programs

275

Schools & Colleges

19

Student to Faculty Ratio

15

Patents (US)

2.58 k
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University of Michigan Revenue Breakdown

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University of Michigan revenue breakdown by business segment: 18.3% from Net Student Tuition and Fees, 12.6% from Federal Grants and Contracts, 59.9% from Patient Care Revenues and 9.1% from Other

University of Michigan Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

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University of Michigan Online and Social Media Presence

University of Michigan's Trends

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University of Michigan News and Updates

February 01, 2021

University of Michigan Hospital deploys Epic-linked 'patient monitoring at home'

The telehealth program has helped the provider organization preserve hospital capacity through multiple COVID-19 surges, while decreasing readmission rates and ED utilization.
November 18, 2020

U of Michigan to Hire 20 Tenure-Track Faculty as Part of Anti-Racism Initiative

The University of Michigan (UM) will hire at least 20 tenure-track faculty – versed in academic work on structural racism and racial inequality – over the next three years as part of its new anti-racism initiative.
November 18, 2020

University of Michigan paying $9.25M to abuse victims

The University of Michigan said Wednesday it will pay $9.25 million to eight women who reported emotional or sexual abuse by a man who became the school's chief academic officer.
November 17, 2020

Michigan Nets School-Record Graduation Success Rate in NCAA Report

The University of Michigan set a school record for its Graduation Success Rate (GSR) as the NCAA released Tuesday (Nov. 17) the 2020 annual GSR and Federal Graduation Rate (FGR) reports for all NCAA Division I institutions.
November 16, 2020

Annual University report shows research expenditures remain high despite pandemic

The University of Michigan’s fiscal year 2020 research expenditures were estimated to be $1.62 billion, according to a report released by the University on Monday, Nov 9. Though work at various non-critical labs had to be ramped down due to the pandemic, the University’s research community saw a sur…
November 16, 2020

University of Michigan, Michigan State accelerate plans for online learning due to state order

Michigan State University will accelerate transitioning all of its classes online beginning Wednesday, Nov. 18, after executive orders from the state limiting in-person classes.
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University of Michigan Blogs

March 04, 2021

Management should be a calling to do good by serving, not merely accumulating

FACULTY Q&A Young people entering certain careers like medicine, ministry or public service may see their choice as not only a way to earn a living, but also to serve society. Andy Hoffman, professor of management and organizations at the University of Michigan's Ross School of Business, think…
March 03, 2021

Javed Ali: To the White House…and Back

Growing up in metro Detroit, Javed Ali always knew his parents expected him to follow in their footsteps and become a doctor, but he heard a different calling. In his sophomore year at the University of Michigan, he made the brave move to break with family tradition and start a career that eventual…
March 03, 2021

Vaping marijuana associated with more symptoms of lung damage than vaping or smoking nicotine

Adolescents who vape cannabis are at greater risk for respiratory symptoms indicative of lung injury than teens who smoke cigarettes or marijuana, or vape nicotine, a new University of Michigan study suggests. The result challenges conventional wisdom about vaping nicotine, says the study's princip…
March 03, 2021

U-M offers global learning community new events, opportunities

The University of Michigan Center for Academic Innovation is packaging some of its online course content and adding a special series featuring some faculty "movers" in its online space, in response to learner feedback. "We are building a more inclusive university every day," said James DeVaney, fou…
March 03, 2021

U-M to host 18th Peter M. Wege Lecture featuring a conversation with Naomi Klein about the climate crisis

EVENT ANNOUNCEMENT DATE: 7-8 p.m. Wednesday, March 10, 2021 EVENT: Join the University of Michigan School for Environment and Sustainability for a casual virtual conversation with Naomi Klein that will touch upon the pivotal moment we are in as we work to address the climate crisis, fight for cli…
March 03, 2021

U-M expert tells lawmakers: Equity needs to go hand-in-hand with innovation in energy, climate

FACULTY Q&A Pursuing energy and climate innovations grows ever more critical, but must include the involvement and participation of marginalized, vulnerable communities from the beginning. That's the message Shobita Parthasarathy brought to federal lawmakers last week, when she testified befor…
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 University of Michigan Frequently Asked Questions

  • When was University of Michigan founded?

    University of Michigan was founded in 1817.

  • Who are University of Michigan key executives?

    University of Michigan's key executives are Mark S. Schlissel, Timothy G. Lynch and Kevin P. Hegarty.

  • How many employees does University of Michigan have?

    University of Michigan has 31,671 employees.

  • What is University of Michigan revenue?

    Latest University of Michigan annual revenue is $8 b.

  • What is University of Michigan revenue per employee?

    Latest University of Michigan revenue per employee is $251.2 k.

  • Who are University of Michigan competitors?

    Competitors of University of Michigan include University of Southern California, University College London and George Mason University.

  • Where is University of Michigan headquarters?

    University of Michigan headquarters is located at 500 S State St, Ann Arbor.

  • Where are University of Michigan offices?

    University of Michigan has an office in Ann Arbor.

  • How many offices does University of Michigan have?

    University of Michigan has 1 office.