siness (1,812 students seeking MBA or Master of Accounting degrees) and the College of Engineering (1,456 students seeking M.S. or M.Eng. degrees). The largest number of doctoral students are enr

Hispanic American    4.1%    3.6%    3.9%    14.7%
Native American    <1%    <1%    0.5%    0.8%
International student    5.7%    30.9%    N/A    N/A
In 2012, undergraduates were enrolled in 12 schools: About 62 percent in the College of Literature, Science, and the Arts; 21 percent in the College of Engineering; 4 percent in the Ross School of Business; 3 percent in the School of Kinesiology; 3 percent in the School of Music, Theatre & Dance; and 2 percent in the School of Nursing. Small numbers of undergraduates were enrolled in the colleges or schools of Art & Design, Architecture & Urban Planning, Dentistry, Education, Pharmacy, and Public Policy.[54] Among undergraduates, 70 percent graduate with a bachelor's degree within four years, 86 percent graduate within five years and 88 percent graduating within six years.[92]
Of the university's 12,714 non-professional graduate students, 5,367 are seeking academic doctorates and 6,821 are seeking master's degrees. The largest number of master's degree students are enrolled in the Ross School of Business (1,812 students seeking MBA or Master of Accounting degrees) and the College of Engineering (1,456 students seeking M.S. or M.Eng. degrees). The largest number of doctoral students are enrolled in the College of Literature, Science, and the Arts (2,076) and College of Engineering (1,496). While the majority of U-M's graduate degree-granting schools and colleges have both undergraduate and graduate students, a few schools only issue graduate degrees. Presently, the School of Information, School of Natural Resources and Environment, School of Public Health, and School of Social Work only have graduate students.[54]
In Fall 2010, 2,709 Michigan students were enrolled in U-M's professional schools: the School of Dentistry (439 students), Law School (1,182 students), Medical School (802 students), and College of Pharmacy (439 students).[54]
Research[edit]
See also: List of University of Michigan faculty and staff
The university is one of the founding members (1900) of the Association of American Universities. With over 6,200 faculty members, 73 of whom are members of the National Academy and 471 of whom hold an endowed chair in their discipline,[95] the university manages one of the largest annual collegiate research budgets of any university in the United States, totaling about $1 billion in 2009.[96] The Medical School spent the most at over US $445 million, while the College of Engineering was second at more than $160 million.[96] U-M also has a technology transfer office, which is the university conduit between laboratory research and corporate commercialization interests. In 2009, the university consummated a deal to purchase a facility formerly owned by Pfizer. The acquisition includes over 170 acres (0.69 km2) of property, and 30 major buildings comprising roughly 1,600,000 feet (490,000 m2) of wet laboratory space, and 400,000 square feet (37,000 m2) of administrative space. As of the purchase date, the university's intentions for the space were not announced, but the expectation is that the new space will allow the university to ramp up its research and ultimately employ in excess of 2,000 people.[97]