Comparing Gies to other Business Schools

I am in the process of cutting down my list and touring the schools that I am truly considering. I want to know if I should really think about Illinois; right now it isn’t high on my list but I want to make sure I’m not overlooking it. Please let me know any experiences you have with their business school and if you think I should choose/consider it over these other schools:

I am also OOS for all, from NY.

Indiana - Kelley ($9k per yr scholarship)
Texas - McCombs
Wisconsin - Wisconsin School of Business
Minnesota - Carlson ($17.5k per yr scholarship)
Penn State - Smeal
Northeastern - D’amore-Mckim ($10k per yr scholarship)
UMass - Isenberg ($14k per yr scholarship)
Michigan - got in LSA, waiting on Ross

for now, just looking at programs and not cost bc not all merit and scholarships are out.

I may be mistaken, but isn’t Illinois-Urbana-Champaign discontinuing the full time MBA program ?

The undergraduate business school (Gies) at the University of Illinois is excellent–especially for accounting.

@Publisher this is for undergrad, im a hs senior

Alright…I’ll share my thoughts on Gies, UIUC and choosing a college in general.

First a little bit about me, so you understand where I’m coming from and my bias.

I’m a graduate of U of I and a former high school teacher. I live in a Chicago suburb and have 2 Gies kids. My DD graduated in 2017 with a double major of finance and supply chain. She lives (with 2 Gies friends) and works in Chicago at a Big 3 consulting firm. She has been accepted to two M7 MBA programs. She’ll be going full time in the fall and her firm will pay for it. My DS graduated last year with a double major in finance and accounting and a Technology and Management minor. He lives (with 3 Gies friends) and works in Chicago at a financial consulting firm. He passed the CPA exams by self-studying. He’s only been working about 4 months so there’s not much to share yet.

Anyway, I will start by saying cost of attendance is very important when deciding upon a school. We believed our kids would/could be successful in many environments. You asked for information about Gies so I’ll share what I know and ignore mentioning cost.

Two things I encourage you to do is to 1. think about your goals (long term and short term) and 2. do some self-reflection when it comes to the kind of environment that would help you thrive…educationally, professionally and from a personal growth standpoint. Gies helped my kids in all 3.

In no particular order consider the following things:

  • size of the business program. Gies enrolls around 600 freshman, while Kelley has about 1,950 freshman. In our opinion, the number of students can be a positive and a negative. We wanted a large enough school so there would be a variety of course offerings and professional growth opportunities, but not so large where it might be challenging to acquire positions due to physical number constraints. (I hope that makes sense. Both of my kids gained invaluable experience through their business frat. Gies was great because there was a selection process...application/interviews...but the number competing for those spots was reasonable.) http://www.dmi.illinois.edu/stuenr/abstracts/FA19freshman_ten.htm https://kelley.iu.edu/recruiters-companies/undergrad/statistics/class-profiles.cshtml
  • AP credit. My kids were grateful they didn’t have to repeat a course they took in high school. This afforded them the opportunity to have some flexibility in their schedule. They were in some upper level classes early on which helped them to not only explore their majors, it gave them the opportunity to make friends who also served as mentors at times. https://admissions.illinois.edu/apply/freshman/college-credit-ap
  • job placement (locations and starting salaries). My kids like the Chicago area. Illinois has a great reputation and strong alumni base here. A lot of Gies grads will work in the Chicago area. Do a little research for your accepted schools.

In full disclosure, my daughter was not enthusiastic to attend U of I, because of its location. Prior to attending it was a big negative. She wanted a large city. But as she came to realize, UIUC’s campus is an interesting “bubble”…a 2.5 hr drive, south of Chicago. When school is in session, there are something like 34,000 undergraduates who are roughly the same age, plus another 15,000 post-grads. When my kids graduated and moved into their apartments in the city, they both commented how strange it was to see little kids and old people! Lol. I’ll also add that now that they’ve graduated, they realize how fast 4 years (8 semesters) goes by…7 semesters actually, since both my kids did a semester in Europe. Oh well…delayed gratification can be a good thing. :wink:

-study abroad. Gies has a great study abroad program. It was fun, but more importantly I saw a lot of growth with my kids. It was invaluable on so many levels. Comparing study abroad opportunities between Kelley, Ross and Gies we saw a huge advantage at Gies.

  • majors. I’m not sure where your interests lie, but Gies is known for its Accounting degree. Finance is strong. I expect Gies will only get better with the influx of funding from Larry Gies ($150 million) and the corporate partnerships the school has developed. The BIF is a wonderful building that is an inviting place for business students to congregate before and after class, as well as on the weekends.
  • Lastly, something that contributes to a great Gies experience is the College of Engineering. Yes, our strong engineering college brings lots of companies to campus. It also allows Gies kids to work with Grainger kids. Both of my kids participated in consulting clubs, where they did group projects for companies, working side by side with engineering students. My DS also completed the Hoeft Technology and Management minor where Business and Engineering students work together, while broadening their skill set and knowledge base. https://giesgroups.illinois.edu/tandm/about/

Ok…I’ve been typing while watching tv so I don’t know if I’ve made a lot of sense. I know Gies is just one school you’re considering and it isn’t necessarily high on your list since you’re from NY.

My kids did not start at Gies with a set goal. They knew my husband and I expected them to apply themselves and figure out a path for becoming self-supporting adults.

@saltypretzel I encourage you to work on skill building (write well, speak well, act professionally, improve math skills, develop relationships, be inquisitive and creative, etc). Look for a school where you feel you can challenge yourself and the conditions are favorable to you. You have to know yourself and realistically assess what you are willing and able to do to achieve your goals. Good luck!

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First, it’s great that you’re giving thought to your method of analysis of your choices. In comparing Gies to some of the choices on your list, one major differentiator I saw was access to opportunities at Gies, and that proved out! We’re in-state, so that’s a different perspective than yours, comparing among OOS schools. I think with Illinois, you’re going to have to dig a bit to get the information you need, and this applies to fit, program information, etc…for example, Kelley knocks it out of the park with presentation in admissions. Gies’ admitted student events just haven’t taken the same approach, historically, so don’t let that throw you off. But it’s about the substance, and not so much the presentation. We asked and got the answers from Gies administration, faculty, and students, so do yourself a favor and be active in considering Gies.

Access to opportunities is definitely one area where you should flesh out information. How will Illinois facilitate achieving your objectives? Drill down in the data and seek direct information from the school and students, if you can. Research the experiences and the outcomes. I found, for my student’s interest and plan, that in many areas, Gies looked like it was going to be more accessible, and smaller size seemed to make the difference - for undergrad, it’s less than half the size of Kelley, for example. With respect to outcomes, Gies appeared to lead over competitors, as applied to my then-senior’s goals, which didn’t change-high-quality experience in undergrad, strong performance for CPA candidates, and essentially, and an all-but-assured Chicago job after graduation.

Try to gauge whether Illinois is a good fit for you, being from NY. Kelley seems to be particularly popular with East Coast students. It’s not uncommon to find East Coast natives who like the Midwest, and are happy to be here during undergrad, and even stay! Good luck!

@saltypretzel, just curious, if Gies is not on your list, what are your top 3 schools?

@twiume Texas, Indiana, Michigan

@saltypretzel Do you have a specific business major/goal in mind?

@88jm19 Entrepreneurship, if the school doesn’t have entrep. then I would go for Management, and I also like supply chain management.

my favorite major is at UT: Science Technology Management with a concentration in supply chain management.

So why not just do that if that’s the major you want and you know where to get it at?

It’s an accounting powerhouse. Excellent overall.

UT is great as well.

Entrepreneurial studies. Check out Babson. An entire business school built around that focus.

@saltypretzel I don’t know if you’ve ruled out UIUC for whatever reason, or not, but Gies has many interdisciplinary opportunities for students interested in entrepreneurship. Here are 2 that immediately came to mind:

Enactus: https://www.illinoisenactus.com/
Be sure to scroll down to projects. My kids had friends very involved in this organization.

Cozad: https://tec.illinois.edu/programs/cozad
https://tec.illinois.edu/programs/cozad/past-winners

One of the big strengths of the Gies experience is what you can gain outside the classroom. My kids and their high-achieving friends gained invaluable experience in their RSOs (registered student organizations).

With the current emphasis on STEM, having nationally recognized Engineering and CS departments, gives business students the opportunity to work with those students in collaborative settings. Here are 2 more interdisciplinary organizations:

OTCR: http://www.otcr.illinois.edu/about-us
IBC: https://www.ibc.illinois.edu/
https://giesgroups.illinois.edu/ibc/leadership/

While they are consulting focused, it gives business students small, interdisciplinary team experience with a company. You start out as the ‘low’ person, but in subsequent semesters may rise to managing a case. I included a link to IBC’s leadership because I saw it included pics and bio information that you might find interesting.

Keep in mind that many opportunities on any campus can be competitive…requiring an application and an interview process. So when you have narrowed down your choices, you may find it helpful to delve into organizations on campus.

Will cost have a big impact on your decision? I might be wrong but my understanding is a few schools on your list don’t give much merit aid to OOS kids. I’m am specifically referring to Michigan and Wisconsin. I believe Illinois is similar. Not sure about the others.

Every school has opportunities like this. The question is some of these are very competitive. So what are your options if these don’t pan out. I think the above advise is great. Many schools have multiple groups and activities that you can easily get involved with just by showing up. Many have start up clubs and such with real startups and seed money. Look into things you can easily do. As great as the examples above are if you can’t get into them, they become worthless.

@88jm19 Wow thank you for those links I haven’t heard of those before. that actually changes a lot. another thing I’ve been considering is the size of the program; Indiana Kelley is abt 2000 per class and UT is 1000, and I like Gies is much smaller. Smaller classes tend to be less cut-throat.

@privatebanker I actually toured Babson last year; didnt like it. My criteria is basically big school, lots of spirit, and great business school. Hence half my list is Big 10 schools lol

@Knowsstuff I like UT’s major bc its business/STEM already together. at another university I will minor in something stem or just take extra stem classes, its just that UT already has a great major for my interests.

@PrdMomto1 For right now I just want to assess the schools without looking at cost; I applied to a bunch of private scholarships.

However, right now I can go to Indiana or Minnesota and graduate debt-free. Indiana is a top 10 best business school. It’s like, is it even worth it to consider other schools where I will be $16k in debt a year? When they are both Top 10 (Mich & UT). It is so confusing. I am touring Indiana, Minnesota, Texas, and Michigan next month so maybe that will ease my decision.

In so many threads everyone says that major debt isn’t worth it when you can go somewhere else and have 0 debt. But idk. Ugh. very confusing.

So again, then go there. It’s a great school. You got in so many great schools

Also many of your choices have programs like the linked one. But be careful… They don’t admit everyone that wants in. So review what other things you can do on campus to get experience in your interests.

Just saw your posts above. It’s not that confusing. If you have the finances then go where you want to. You can only take out $27,500 over 4 years /total. So your parents have to take out the rest. Indiana for free is a hard one to pass up. It’s a known business school. Graduating with no debt is something most would wish for. You will have $64,000 debt and you might want to go to get your MBA. That’s like $80, 000.

Even if you you go right into the work force instead of putting money away you will be paying off your loans. Every month for at least 10 years or longer. Every month. For what? To go to the number 5 school instead of number 10 school? It amazes me when a potential business student can’t access the ROI… Lol… Guess you didn’t learn that yet… Lol… ?

Your decision is actually pretty easy and your graduating self will thank your young self for making the right choice.