Wayne State University - Mike Ilitch School of Business
Wayne State University is a public research university in Detroit, Michigan, founded in 1868, serving 24,000+ students across 375+ degree programs through units including the Mike Ilitch School of Business, College of Engineering, School of Medicine, and Law School, with FY26 budgeted revenue of $757M.
- Company typePublic
- Founded1868
- HeadquartersDetroit, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
What Wayne State University - Mike Ilitch School of Business does
Wayne State University is a public research university chartered by the State of Michigan in 1868 and headquartered in Detroit, with 24,000+ students enrolled across more than 375 degree programs and a workforce of 5,001-10,000. The university operates through more than ten wholly-owned academic and research units, including the Mike Ilitch School of Business, James and Patricia Anderson College of Engineering, School of Medicine, Wayne Law School, College of Nursing, Eugene Applebaum College of Pharmacy and Health Sciences, School of Social Work, and School of Information Sciences, and jointly controls the Barbara Ann Karmanos Cancer Institute. Revenue is generated through tuition (marketed as the lowest among Michigan's major research universities), state appropriations (including a $30 million Michigan Legislature allocation in November 2023), federal and foundation research grants (notably $11.3M NIH in 2022 and $6M Mellon in 2022), and auxiliary operations, producing an FY26 budgeted revenue of $757M against an FY27 estimate of $780M within a $1.1B total operating budget.
The university's underlying technology stack centers on its Institute for AI and Data Science and a growing set of applied-AI initiatives. Proprietary technology includes an AI-driven surgical bleeding detection system granted as U.S. Patent No. 12,635,098 and developed with RediMinds Inc., designed as an add-on compatible with over 9,000 existing robotic and laparoscopic surgical platforms. The IntelliMake AI Manufacturing Research Hub, launched in January 2026 with Kyndryl at the Anderson College of Engineering, provides a pilot-scale factory for demonstrating agentic AI, digital twins, and autonomous manufacturing systems. AI modalities in active use span structured-data prediction (preterm-birth modeling), video/computer vision (surgical feeds), multimodal agentic systems (manufacturing), and generative AI for code and dataset analysis.
The go-to-market model combines direct enrollment on the Detroit campus, regional extension centers (Macomb University Center, Schoolcraft Center, ATEC), online/distance learning, and channel partnerships through reverse-transfer and guaranteed-admission agreements with 12 Michigan community colleges. Distribution is supported by multi-channel marketing across the university's website, Today@Wayne news platform, events calendar, and a full social-media stack including Twitter/X, Facebook, Instagram, LinkedIn, YouTube, TikTok, and Flickr. Recent strategic moves include the Richard Bierschbach presidential transition in February 2026, a $1 billion capital campaign planned for spring 2027, the launch of a new School of Public Health, and a 4% tuition and fee increase for 2026-27 implemented alongside $10M in offsetting cuts to absorb federal research spending reductions.
Wayne State University - Mike Ilitch School of Business firmographics
Firmographics- Name
- Wayne State University - Mike Ilitch School of Business
- Legal name
- Wayne State University
- Website
- https://wayne.edu
- Company type
- Public
- Founded year
- 1868
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Wayne State University is a public research university in Detroit, Michigan, founded in 1868, serving 24,000+ students across 375+ degree programs through units including the Mike Ilitch School of Business, College of Engineering, School of Medicine, and Law School, with FY26 budgeted revenue of $757M.
- Ownership category
- akta.pro rank
Wayne State University - Mike Ilitch School of Business industry classification
Industry- Product category
- Higher Education
- NAICS
- Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (611310)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Technical Universities with Computing, Data & AI Focus (EDAHAEAK)
- akta.pro secondary industry
- Applied Research & Innovation Universities (EDAHAEAE)
Keywords
Where Wayne State University - Mike Ilitch School of Business is headquartered
LocationHeadquarters
- HQ city
- Detroit
- HQ country
- United States
- HQ region
- North America
Markets served
Wayne State University - Mike Ilitch School of Business business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Standard undergraduate/graduate tuition |
Distribution channels4 records
Marketing channels5 records
Wayne State University - Mike Ilitch School of Business product offering
Product offeringCore offering
Wayne State University is a public research university offering more than 375 degree programs across multiple colleges, including the Mike Ilitch School of Business. The Mike Ilitch School of Business provides business education in accounting, finance, management, marketing, and supply chain management, with a focus on real-world experiential learning through partnerships with Detroit's business community. The university also operates research centers such as the Institute for AI and Data Science and the IntelliMake AI Manufacturing Hub.
Product overview
Wayne State University operates as a comprehensive public research university with multiple academic colleges and research centers. The institution's technology offerings include the Institute for AI and Data Science (focusing on ethical AI development), the IntelliMake AI Manufacturing Hub (in partnership with Kyndryl for smart manufacturing research), and the Mike Ilitch School of Business providing business education. The university also partners with the Barbara Ann Karmanos Cancer Institute for medical research. Key technology initiatives include AI-driven surgical technology patents, generative AI for health data analysis, and agentic AI systems for manufacturing.
Differentiator
Problem solved
Functional benefit
Products and services
- Mike Ilitch School of Business Degree Programs Business degree programs covering accounting, finance, management, marketing, and supply chain management, with career planning and placement services for students.
- Institute for AI and Data Science
Companies that use Wayne State University - Mike Ilitch School of Business
Customer profileSegments4 records
Ideal customer profiles4 records
Wayne State University - Mike Ilitch School of Business technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature2 records
Wayne State University - Mike Ilitch School of Business partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights6 records
Wayne State University - Mike Ilitch School of Business competitors and assessment
Company assessmentRegional players
- Eastern Michigan University: Regional Michigan public university competing for the same in-state applicant pool, particularly in business, education, and health sciences; relevant peer for tuition and enrollment dynamics.
- University of Michigan-Dearborn: A regional public university in the Detroit metro area; competes most directly for commuter and transfer students in Wayne State's home geography, including through overlapping community college transfer pipelines.
- University of Detroit Mercy: Detroit's other private university with comparable professional programs (law, business, health); competes most directly for Detroit-area students seeking private alternatives to Wayne State.
Direct peers
- Michigan State University: Another of Michigan's major public research universities and a direct peer for enrollment, research funding, and Big Ten positioning; competes head-to-head with Wayne State for in-state students and faculty.
- Temple University: Urban public research university serving a similarly diverse, working-class commuter population with strong professional schools; a useful analog for WSU's positioning in Detroit.
- Cleveland State University: An urban public research university of comparable size and mission; serves a similar Rust Belt metro demographic and competes for the same class of transfer, first-generation, and urban-affiliated students.
- University of Michigan: Michigan's flagship public research university and Wayne State's most direct competitor for in-state research talent, federal grants, and top students; the comparison most prospective students explicitly make on tuition and prestige.
- University of Illinois Chicago: Large urban public research university with strong health sciences and engineering; closest peer in scale, research intensity, and urban community impact mission to Wayne State.
- University of Wisconsin-Milwaukee: Public R1 university in a Midwestern industrial metro with a comparable enrollment profile, Carnegie classification, and applied research orientation to Wayne State.
Others
- Wayne State University - Mike Ilitch School of Business: Listed for completeness as the named entity within Wayne State University; included to anchor that the analysis subject is the business school subsidiary rather than the broader university.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Wayne State University - Mike Ilitch School of Business social profiles
Digital presenceWayne State University - Mike Ilitch School of Business compliance and trust
Trust signalCompliance3 records
Wayne State University - Mike Ilitch School of Business financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wayne State University - Mike Ilitch School of Business leadership team
Management profileNumber of profiles
Profiles5 records
Wayne State University - Mike Ilitch School of Business subsidiaries and ownership
Company hierarchySubsidiaries10 records
Wayne State University - Mike Ilitch School of Business funding detail
Funding detailFunding overview
Funding rounds6 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wayne State University - Mike Ilitch School of Business M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wayne State University - Mike Ilitch School of Business
What does Wayne State University - Mike Ilitch School of Business do?
Wayne State University is a public research university offering more than 375 degree programs across multiple colleges, including the Mike Ilitch School of Business. The Mike Ilitch School of Business provides business education in accounting, finance, management, marketing, and supply chain management, with a focus on real-world experiential learning through partnerships with Detroit's business community. The university also operates research centers such as the Institute for AI and Data Science and the IntelliMake AI Manufacturing Hub.
Is Wayne State University - Mike Ilitch School of Business a public or private company?
Wayne State University - Mike Ilitch School of Business is a public company. It is classified as state government owned and is currently operating.
When was Wayne State University - Mike Ilitch School of Business founded?
Wayne State University - Mike Ilitch School of Business was founded in 1868. It employs 5,001 to 10,000 people.
Where is Wayne State University - Mike Ilitch School of Business based?
Wayne State University - Mike Ilitch School of Business is headquartered in Detroit, United States, in the North America region.
Who are Wayne State University - Mike Ilitch School of Business's main competitors?
Regional players on record are Eastern Michigan University, University of Michigan-Dearborn and University of Detroit Mercy. Direct peers are Michigan State University, Temple University, Cleveland State University, University of Michigan, University of Illinois Chicago and University of Wisconsin-Milwaukee. Wayne State University - Mike Ilitch School of Business is listed as an others.
Does Wayne State University - Mike Ilitch School of Business have an API?
No public API is recorded for Wayne State University - Mike Ilitch School of Business.
What industry is Wayne State University - Mike Ilitch School of Business in?
Wayne State University - Mike Ilitch School of Business's product category is Higher Education. Its primary akta.pro industry code is EDAHAEAK, Technical Universities with Computing, Data & AI Focus, with a secondary code of EDAHAEAE, Applied Research & Innovation Universities. Its NAICS code is 6113 and its SIC code is 8200.