Carlson good for finance?

<p>I live in Plymouth atm, and I love this state very much despite its occasional bad weather. (yesterday's hail for example) I want to major in business, and will be applying to Cornell, Umich, NYU, and Berkeley. However, my family isn't going to move for any of those schools except if I get into Berkeley, so the tuitions will be extremely expenssive. (Cornell will be around 50k a year w/o aid)</p>

<p>Alot of people at my school who received very good scores on the ACT decided to go to the U of M honors program instead of Ivys, etc because it's such a better price. </p>

<p>I'm wondering how the honors programs work with Carlson business school.</p>

<p>Also able I able to say that I can apply to Carlson as a safe school?</p>

<p>GPA:3.86 unweighted/4.09 weighted
APs: 10 classes at the end of senior year
ACT: Composite 33
SAT: Don't wanna talk about it
SAT II: 720-770 for Math II and US History</p>

<p>Thanks.</p>

<p>Well, I find that surprising that your family would be willing to move just to pay less on tuition at a school. One thing to definitely look into is whether Berkeley would consider you instate if you move there after a certain point. I think there are rules saying you have to live or pay taxes or something like that in that state for a set period of time before you are actually considered instate.</p>

<p>I also live in Minnesota and was in that same Ivy's or Honors situation and I did select the U of M because of the price. You are basically in the same situation that I was so I definitely think that Carlson would be a safety school, and you'll probably get some sort of general merit scholarship at least. I had a 4.0 UW, 33 ACT, good EC's, and I believe 8-9 AP classes. I ended up getting 5K/year in general merit, 5K freshman year from Carlson, and two other scholarships not from the U which covered the rest of the cost.</p>

<p>One other thing to consider regarding the choice is what career you actually what to get into. A lot of people on this board want to go into i-banking because it pays a lot, and it's extremely difficult to break into the field unless you go to certain schools. I believe Cornell, Umich, and NYU are some of those schools. However, if you are not one of those people, I would urge you to consider how much value you're getting at those schools, especially Berkeley and Umich. They are both public just like the U, so although they are different from the U in many ways, you'll still have some large classes and all the other bad things that come with big public schools. I'm not saying they're bad because they're not by any means, but I would say they aren't worth paying so much extra if you'll end up getting a normal finance job. Your salary may start a couple thousand $ higher than the U, but that would really be the only career advantage if you end up at just a normal finance job.</p>

<p>I regards to the honors program, each school used to have its own honors program, but they're changing it starting next year with my class to just one university wide honors program. You can choose to live in honors housing which i've heard is nice since you get to see a lot of people who are actually in your classes. Also, it's in Middlebrook which has semi-private bathrooms (one bathroom shared between two rooms) which i'm assuming will be a lot better and less gross than sharing a bathrooms with the whole floor. You can take honors classes which are a lot smaller, so that should be really nice. You then have to fulfill a certain number of honors opportunities each year. That could be taking honors courses, studying abroad, doing an internship etc., and I believe they help a lot more with setting up a study abroad opportunity or finding an internship. I'm still not super clear about all the advantages because I will be a freshman next fall, but I do know that I would not be going to the U unless I was in it. The class size thing and ability to actually speak with the professor was a big factor for me.</p>

<p>So thats what I know. Just post if you want me to clarify something. Certainly , I don't want you to turn down a place that you really want to attend in order to come to the U, i'm just saying it is a good school. Growing up, I never really considered going to the U, because I didn't think it was that great of a school, but at some point I found out it is a very good school and is considered to be very good by others. Those are a few things to consider. Even if you don;t really want to go there, you should feel good about it being a great school that is a safety for you and that you could attend very cheaply.</p>

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<p>About Berkeley, my parents are willing to move because they like California anyway. And yes you have to live there for at least 1 year to get in state tuition, so I would pay full tuition my first year. </p>

<p>But yeah I really like working and meeting with new people in a professional enviorment. That's why I want to major in business. I just don't completely understand how the honors program work with Carlson, because aren't most of the honors classes liberal arts courses?</p>

<p>Also, is it possible that I may be rejected from honors program? Alot of people at my school this year with perfect or near perfect are going there, so I assume it's pretty competitive.</p>

<p>no, i think u'll get into the honors program w/ those numbers. I'll also be a freshman at UMN next yr. I think u should really consider Carlson because they are getting a new building: Hanson Hall. For me, it was between Wake Forest University (Calloway) , Indiana University (Kelley), and Carlson. In the end, I picked Carlson since i get reciprocity for WI residents. But u should definitely apply to Indiana University. For out of state, it's a little expensive but I got $9000/yr just in merit aid. (Carlson didn't give me anything!)</p>

<p>Here are my numbers: nothin stellar-3.5 GPA, 30 ACT top 13% class rank...but i go to a competitive h.s.</p>

<p>As for Berkeley, it is really really tough to get into Berkeley as a non-resident. Im not saying u cant get in but only like 7% of the kids who go there are from out of state. </p>

<p>University of Michigan's program Ross is pretty good...think its ranked #5 by business week but I hear grading is tough there. It's not worth it paying 33K+room and board for a public school.</p>

<p>I looked at Cornell and NYU while i was applying....but I felt the costs were too high. I didn't apply because I knew that I wouldn't go there cuz of the $$$$$.</p>

<p>Hope my tips help.....If u wana get into IB, and payless...go to Indiana University. I wanted to, but Indiana was $6000/yr more than Carlson..grrrr</p>

<p>thanks for your suggestions. Yeah I understand it's hard getting into berkeley, probably as hard as Cornell. </p>

<p>Ross is good...but the problem with Ross if that a tiny percent of applicants get into the preferred admit, and the rest have to reapply their sophomore year, so if I don't get in I'll be screwed. I guess the same goes with Berkeley and Haas. </p>

<p>I like Cornell, Carlson, and NYU because you get direct entry into the business school. Only thing I'm worried about is the recruitment/job opportunities outside of college. New York probably offers a higher chance of landing a good job out of college, especially in investment banking. But I dunno, apart of me just want to slack off during the summer and apply to the U. :D</p>

<p>How's madison btw? A lot of people at my school is going there. I know it's a really good school and has a beautiful campus, but the learning enviorment there didn't really appeal to me. There were WAY too many distractions.</p>

<p>Im from WI so I know Madison really well. Next yr, Madison is going to directly admit freshman. WI is overall more competitive than Minnesota. But between Carlson and Madison, I'd pick Carlson since there are a lot more jobs in Minneapolis. Madison probabaly won't give you a huge scholarship whereas Carlson mite. In terms of jobs, almost every1 in Carlson get jobs. At Madison, only 80% of Business graduates have jobs when they graduate. Carlson has 4 yr graduation gurantee, whereas madison offers u nothing. A lot of people don't finish in 4 yrs. I can tell you that it's not worth it paying 50k to go to NYU or Cornell. SAve the money for graduate school..maybe NYU, or Cornell. I looked at those. Right now, Im not even so sure I want to get into Investment banking. They work 100 hrs/weeek.</p>

<p>thanks on the information about Madison. </p>

<p>the reason I want to get into investment banking has a lot to do with the nature of the job itself. I have a friend's cousin that went to MIT and then into investment banking. He said the job itself was extremely fun and rewarding, and it even helps me more that I'm really good at math so that wouldn't go to waste. Also, it opens the door to other job opportunities and raises chances of getting a good MBA. And of course, the money. The thing college students need the most is money to pay off debts, and I don't think any other job offers a higher starting salary/bonuses than investment banking. The person I was talking about made almost $350,000 in less than 2 years because there were so many bonuses at Bank of America. But partly it was because he was the top of his team.</p>