Business major undergrad

<p>Hello, I will be a senior in the upcoming Fall 2007. I want to major in business, such as economics and finance. I need help to make certain decisions. I am hoping to attend in the following colleges respectively from most to least desired choices: NYU stern, Notre Dame, and University of Michigan. I also will need an extensive financial aid. Here is my bios.
-Birth: September 18, 1989 South Korean
-Residence: Piscataway NJ Apartment
- Religion: Atheist
-Rank 6/550ish students
-GPA: 95 or higher unweighted
-Tennis in freshman, sophmore year
- Future Business Leaders of America won 2 state competitions; and 1 national competition for Business Plan in Chicago (expenses provided by school-10th place)
- School Newspaper Club in Freshman, sophmore, junior year
- French Honors Language Society
- 30 hours of volunteering at Senior Citizen Center
- Senior Year Courses: AP(BC) Calculus, AP english, AP physics, Honors Economics, Honors Business Management Organization
- 1900 SAT (780 Math, 520 Critical Reading, 600 writing) (planning to take it again in October to achieve at least 2100 and this will happen assured)
- Planning to take SAT 2 for Math II, and Physics in November
- Working at a shopping center
- Assisted my parents' business (health food store, and nail salons) and thus, had comprehensive experience in starting businesses
-Science league for 3 years (didnt win anything though)
-I am currently looking for many scholarships. </p>

<p>I picked UMICH as my last choice because it's only a 2 year program (or am I mistaken?)
Please give me some advices</p>

<p>Michigan is a 3 year Business program. You go into LSA (The Arts College) for a year and then apply to the Business school. If you don't get in, you can still do Economics at Michigan and get similar job offers. I think you'll get into LSA, but don't look for a scholarship.</p>

<p>I really don't know anything about business, but just as a warning, NYU is notorious for giving terrible financial aid packages.
What kind of advice are you specifically looking for?</p>

<p>So UMich is a 3 year college?
See this is my plan. Do you think it is practical? I just want to get into a college with the best business program and obviously Wharton is out of the question for me. Thus, I wanted to go to NYU stern or Umich(if it is 4 year). If scholarship is is an issue, I can just apply to many scholarships like mad and get at least $10,000. Afterwards, spend my senior year summer at the beach doing food stands and with minimal expenses (living in the car, eating cheap food). I think if I open from 6Am to 10PM everyday for the 60 days of summer, I think i can manage to cash out 20k. I wouldnt have to do this if my parents were rich, but they are not. I was always tied up in family affairs, and thus, never had the time to put as much time I wanted for academics and EC. </p>

<p>DO you think THIS IS PRACTICAL?</p>

<p>Ross has a 4% acceptance rate. Ross=UMICH business program. In some regards it is even more competitive to get in than wharton. It only offers 100 slots, and many of the pre-admit slots are filled my all stars who end up going to wharton. You go to LSA (college of language, arts, and sciences) or engineering for freshman year than spend sophomore, junior, and senior splitting classes between ross and your requirements. You'll come out in 4 years with a BBA. You can easily get a year done with AP courses though. My brother got a 5 on chem, bio, calc, lang, and lit, so He is going as a sophomore.
20k and 10k scholarships will not even cover a year.
My brother is instate and is paying 17k/year after room and board.
They hit OOS students with another 20-30k in tuition (I don't know the exact figure)</p>

<p>It's not even close to being practical. You're looking at a</p>

<p>er you're looking at about 35k a year. (hopefully an OOS student can confirm an exact figure)</p>

<p>A 4% acceptance rate. Unless a kid is a preferred admit, who would take such a chance ?</p>

<p>Um, the 4% admittance rate is for the pre-admits. There are only a handful of pre-admits. Everyone else goes into LSA and then applies at the end of their freshman year. The rates are much better, they don't release the exact numbers, just the # of applications received and the # of students attending (not factoring in yield). There were 756 students who applied and 358 who are attending,</p>

<p>
[quote]
Ross has a 4% acceptance rate.

[/quote]
</p>

<p>They don't only offer admission to 100, they try to end up with 100 enrolling. Factoring in yield, the admission rate is still somewhere under 10% but certainly higher than 4%. </p>

<p>
[quote]
There were 756 students who applied and 358 who are attending

[/quote]
</p>

<p>Those numbers are from before the preferred admit program started. I think the numbers this year are around 900 apps for 300 spots.</p>

<p>Also, to the OP, your stats are low so you should also be looking at some other business schools that you would have a better shot at.</p>

<p>wharton = 5%</p>

<p>Apply where you want; shoot for the sky; unexpected things always happen.</p>

<p>2300 applicants for ross pre-admit class of 2007.
140 acceptances for a class of 100.<br>
Certainly those who apply are not as qualified as wharton kids, but nonetheless.</p>

<p>I was surprised as well, but if you go to the ross site and search for a bit, you'll see that the rate really was 4%</p>

<p>war: I have searched for quite some time, but wouldn't find whartons. I thought they didnt release, where did you see that?</p>

<p>I was surprised as well, but if you go to the ross site and search for a bit, you'll see that the rate really was 4%</p>

<p>war: I have searched high and low, but wouldn't find whartons. I thought they didnt release, where did you see that?</p>

<p>
[quote]
2300 applicants for ross pre-admit class of 2007.
140 acceptances for a class of 100.

[/quote]
</p>

<p>I don't think they have released the number of acceptances yet. But if thats the case, the admit rate is 6%.</p>

<p>
[quote]
I was surprised as well, but if you go to the ross site and search for a bit, you'll see that the rate really was 4%

[/quote]
</p>

<p>I don't see it anywhere. Can you provide a link?</p>

<p>Yes, <a href="http://rossbba.blogspot.com/2007_03_01_archive.html%5B/url%5D"&gt;http://rossbba.blogspot.com/2007_03_01_archive.html&lt;/a>
I was shocked too.</p>

<p>2nd blog down: competition for preferred admission.
turns out 130 were accepted...so thats little under 6%, but we're arguing over peanuts here.</p>

<p>It doesn't say 130 were accepted. It says 2300 applied for 100 spots -- without mentioning yield. You can't determine the acceptance rate without knowing how many were accepted.</p>

<p>I got accepted to Wharton - they told us that was the acceptance rate for RD.</p>

<p>I was talking about the Ross acceptance rate.</p>