Chance (and Reverse Chance) me!

Colleges: Princeton REA, Wharton, Stern, Harvard, Yale, Columbia, Cornell, Northwestern, UC Berkeley, UCLA, UChicago, Duke, Dartmouth, Stanford, Umich (Applying to some safeties too)

Ethnicity: Asian
Gender: Male
Income Bracket: 100k-150k
State: Midwest
High School: Very Competitive Public School

Intended Major: Business (Finance)
UW GPA: 3.92
W GPA: 4.6
Class Rank: 4/480
ACT: 35C (35E, 34M, 35R, 36S)
PSAT: 1480 (Likely NMSF)
SAT Subject Tests: 800 Chem (Going to take Math II likely 800)
Course Rigor: Extremely difficult schedule with a LOT of AP/IB and a LOT of Dual Enrollment Business classes at high ranking state school (Will have completed Junior year college finance course work by end of hs)

Extra Curriculars: Speech and Debate President (HUGE time commitment), Model UN President, Business Club President, Paid Behavioral Finance Research Internship at High Ranking State School, Teaching Assistant for AP Econ at my school, Varsity Cross Country Captain, Launching my own startup (Hopefully will grow a lot)

Awards:
3x TOC Qualifier in Public Forum Debate
2x NCFL Qualifier in Public Forum Debate
1x NSDA Qualifier in Congressional Debate
National Economics Challenge State Champion, Top 5 Nationally
Best Delegate at large MUN Conference

Rec Letters :
One is Extremely Good (11/10)
The other is pretty good (8/10)

Essays:
Hopefully pretty good

Hooks:
None lol, would my business coursework count?

UC GPA capped weighted and fully weighted? https://rogerhub.com/gpa-calculator-uc/
Only AP/IB courses taken 10-11th grades will be weighted in the calculation. Your Business courses most likely will not be UC transferable but that would be determined by the schools themselves.
Do you have 1 year of a Visual/Performing arts course? (A UC requirement).

UCLA does not have a Business school or Finance major. UCB’s Business school is not a direct admit so you need to apply after Sophomore year at UCB. Again no Finance major as a Freshman applicant at UCB.

Are you parent’s comfortable in paying $65K+/year for the California UC’s? You do like a competitive applicant but consider both UCLA/UCB Reach schools.

I will defer to @Gumbymom for the UC’s, and agree with her about your being likely to be full pay for the UC’s. I am not sure for U.Michigan, Duke and Chicago. Your stats actually look very similar to a friend of a daughter’s who did attend Chicago. He did well there but found it to be quite a bit of work. I think that he got a great education there.

For Stanford and the Ivy’s, I think that you stats are pretty similar to most applicants. You can probably assume that you will be in the 80% of applicants who are academically qualified for these schools, but being Asian sadly will not help. I doubt that your chances are any better than the overall acceptance rates for Stanford or the Ivy League universities, and they might be slightly worse since a significant number of acceptances to these schools have some “hook” that you don’t have such as being athletes, URM, or children of alumni donors.

“(Applying to some safeties too)”

This is important. Also run the NPC’s unless you and your parents are fine with being full pay.

@Gumbymom
My UC GPA’s from that link are:
UW GPA: 3.94
WGPA: 4.81
Weighted and Capped GPA: 4.19

What exactly is the weighted capped GPA? And is my GPA competitive?

I do have 1 yr of art btw

All the UC’s will consider all three UC GPA’s but the capped weighted is the GPA most often quoted in the UC statistical data.

The capped GPA is used to determine UC eligibility only. Part of the UC eligibility dictates that the minimum GPA you must have is 3.0 capped (up to 8 semesters of Honors/AP) for California residents and 3.4 for non-residents. For application evaluation, the UC campuses look at the weighted and unweighted GPA.

Below is some the UC statistical data based on the capped weighted GPA. UCLA/UCB both post UW and Fully weighted GPA data on their websites.

2018 Freshman admit rates for UC GPA of 3.80-4.19 capped weighted and not major specific:
UCB: 10%
UCLA: 9%

2018 Freshman admit rates for UC GPA of 4.20 or above capped weighted and not major specific:
UCB: 37%
UCLA: 41%

2018 UC capped weighted GPA averages:
UCB: 4.23
UCLA: 4.23

2018 Data:
25th - 75th percentiles for SAT:

UCB: 1360-1540

UCLA: 1340-1540

25th - 75th percentiles for ACT:
UCB: 30-35
UCLA: 31-35