<p>Lets say UMich and NYU-Stern accepted me.
That means that I would be paying 40,000 a year to attend those schools.
UMich is ranked 4th for Undergrad Business and NYU is ranked 5th.</p>
<p>Indiana is ranked 11th, but is offering me a $24,000 scholarship.
So, basically I get four years of that school for the price of three.</p>
<p>Money wise, UMich/NYU-Stern will have me paying $160,000 at least to attend there as an undergraduate. Indiana would have me paying $72,000 to attend the school.</p>
<p>I'm not poor or super rich, but I consider myself upper-middle class. However, I am going to do an MBA (Probably at NYU-Stern) when I graduate. Should I stick to the cheaper, but much less prestigious Indiana, or go to the well know Business Ivies?</p>
<p>You sound like you can afford to not worry about tuition fees for college. If you haven't already, I'd tour each campus(and get feedback from students) and get a feel of where you'd be most comfortable at. By the way, they're all great schools so you can't really go wrong with any of your choices.</p>
<p>UMich is actually ranked 3rd for undergrad business.</p>
<p>if you're planning on an MBA anyway, I'm not sure why you want to major in business undergrad as well. The programs will probably be very similar.</p>
<p>however, if thats what you want to do, I'd say attend Indiana, get a stellar GPA, and save yourself the $88,000 and put it towards your MBA because that won't be cheap either.</p>
<p>JWBlue, you are incorrect about job opportunities. NYU is a great B school, but Michigan will give students as many job opportunities as NYU. Here's a look at Michigan. I doubt NYU gives better opportunities.</p>
<p>Of Michigan's 300 Juniors, half of them got internships at the following companies:</p>
<p>But I would pick Indiana if I were the OP. Saving close to 100K...are you kidding me? If he is good enough to get into Stern and Michigan, he will probably graduate near the top of his class at Indiana and that means he will get a job almost anywhere. And with the 100K he would save, the guy can put a downpayment on a nice house...or pay for his entire MBA education. Let us get real.</p>
<p>I don't see what these links prove Alexendre...I can tell you for a fact that every single one of these companies recruits at NYU, likely in higher numbers than UMich....4 people at Goldman is really nothing (I personally knew 3 from Stern/NYU overall the year I graduated)</p>
<p>I didn't go to Stern (I had a liberal arts major at NYU), but I worked in investment banking at a bulge bracket firm, and I can safely say that NYU has a larger presence than Umich on wall st.</p>
<p>I'll grant you that UMich prob. has the edge over NYU in Chi-town, but not in NY. </p>
<p>Furthermore, I disagree with your point that just because he got into NYU/Michigan, that he will be at the top of his class at Indiana....a comment like this can give him a false sense of security. Sorry, but college is a different ball game than high school, there is no guarantee that he'll be at the top his class at Indiana just becuase it was his safety. Yes, he'll be smarter than the average Indiana frosh, but there will be plenty of other talented people there as well...in addition to the high school slackers who start doing even minimum work in college for a change (I was one of them).</p>
<p>JW, obviously NYU has more students working on Wall Street. NYU has more alums in Wall Street than Harvard and Wharton put together! That's because its Business School is huge and it is located in downtown NY. </p>
<p>Had the OP specified that he wanted to work on Wall Street, I may have agreed with your statement...but not entirely, since over a third of Michigan's students end up in Wall Street anyway. And I can guarantee you thatmany others were given offers in Wall Street but turned it down because they did not want to live in NYC. But overall, I would say that Michigan and Stern are about the same when it comes to job opportunities. And let us make something clear here, I am not saying that Michigan would give the OP more opportunities. It is you who is saying that the opportunities our of Stern are better than at Michigan..."by far". I am merely saying that they are about the same.</p>
<p>Finally, I agree that the OP is not guaranteed to succeed at Indiana, but if he is serious about his studies and works hard, chances are, he will be ahead of the curve. And if he isn't serious about his studies, then he would not really do well anywhere.</p>
<p>As for NYU's business school being "huge" as you term it, I have to disagree...undergrad at NYU Stern has about 450 a class....which is not really that big compared to UMich's b school (300 something a class according to your own link). In addition, liberal arts majors from the College of Arts & Scineces at NYU also tend to pursue wall st. careers in fairly significant numbers (in fact, finance is the most popular career choice amongst NYU's liberal arts graduates). Also, UMich's total undergrad population is bigger than NYU's. </p>
<p>However, I do agree with you that more NYU alums are on wall st. due to NYU's location and the fact that NYU grads are just more likely to pursue these careers which are mostly based in New York...and having wall st. in your backyard clearly does help. </p>
<p>As for my assumption about the original poster wanting to work on wall st...it was not a radical one to make. The op is from NY, has expressed an interest in NYU's MBA program, and most of all is going to undergrad B-school. There is one reason to go to undergrad b-school...to make a lot of money. Generally, people from undergrad b-schools, especially top ones, want to pursue careers in either finance or consulting...and generally, they do not become PhDs, profs, go into public service/gov't, go to med school, etc. (liberal arts would be more appropriate to study if you want to do one of these things). Very few undergrad b-school students do go to law school, and many get mba's after working some..but goal there is always to make money.</p>
<p>Its not a no-brainer in any way. If his goal is to get into a top mba program, one of the things that will determine that will be the type of job he has after undergrad.</p>
<p>It will be a lot easier for the OP to get a coveted job that helps in mba admissions coming out of NYU or Mich, than if he came out of Indiana. Of course as previously discussed, if the OP is at the top of his class at Indiana, he'll still have a great chance at getting an awesome job, but NYU and UMich will give him more breathing room, ie he won't have to be at the top of his class to get the same job that will require a 3.94 from Indiana. </p>
<p>Work experience is extremely important in mba admissions...right up there with grades and gmat scores. For example, a friend of mine from NYU had a 3.3 gpa, decent gmat, though nothing spectacular, but he still got into a top b-school (Northwestern)...the reason: his dad ran a middle market private equity firm, and he had a cushy job there waiting for him upon graduation (working in PE will clearly impress b-schools, its the type of job very few can get right out of undergrad..you need to be amazing or have connections). Basically, the moral of the story here is that a great job will go a very long way in getting one into a great b-school. Furthermore, if money for b school is an issue, many companies pay for b-school (of course on the condition you work for them after graduation for a while), but the OP will have to get into one of those companies first....and that will be harder to do from Indiana.</p>
<p>" Indiana, especially if you plan on an MBA. This is almost a no-brainer. "</p>
<p>So WRONG. If your major is business, and you plan on maybe going down the more competitive/higher compensation roads out of undergrad b-school, then you absolutely need to go to whichever school will afford you the most options (read: NOT Indiana).</p>
<p>I currently go to USC, whose undergrad b-school is ranked 9th nationally. Despite being ranked 9th, and despite being able to lure some elite firms like Goldman Sachs, others such as JP Morgan Chase still don't recruit at USC because it's not, in their terms, a "targeted school." Those targeted schools (and this holds true for many elite firms, not just JP Morgan) include the Ivies, the de-facto Ivies (like Stanford), and the elite undergrad b-schools, including Michigan and NYU Stern.</p>
<p>Go to whichever school affords you the most opportunities. If you're successful, you'll be able to make up the difference in tuition after college. Also, in considering NYU, though it's historically been stingy with need-based aid, remember they WILL give you some, and possibly some merit aid as well. I came to USC because with their aid, it was cheaper than Berkeley (in state). And although if I wanted to interview at JP Morgan I'd have to go to THEIR office, I don't regret it.</p>
<p>Actually USNE, Michigan has a better reputation than NYU (both overall and in Business), but that should not be the sole reason for picking a school. As for location, is NYC is your thing, I agree, NYU is a great choice, but many people hate NYC. Like I said above, saving $100,000 is no little thing. Assuming the OP comes from a middle income family, I think it would be difficult to justify turning down Indiana. But if he does, I would recommend he go to the school he feels would be the best fit for for him.</p>
<p>"Michigan has a better reputation than NYU (both overall and in Business)"</p>
<p>What is this, a joke? In what country??? </p>
<p>Stern beats UMich's b school easily, and overall NYU gets way more apps for a smaller freshman class. UMich's overall acceptance rate is over 50 percent!</p>
<p>I thought we were discussing reputation, not % accepted. In terms of % accepted, yes NYU has Michigan beat. In terms of reputation, Michigan beats NYU. According to the USNWR Academic Reputation rank, NYU receives a score of 3.9/5.0. Michigan receives a score of 4.6/5.0. This is not even close. In terms of Business school rankings, USNWR and BusinessWeek rank Michigan ahead of NYU in all cases.</p>
<p>If you're citing USNWR, I'm sorry to tell you, USNWR is probably the most subjective/unscientific ranking out there. This "score" is based on "peer assessment", ie, a bunch of people ranking their own, and other universities...sometimes the people doing the assessing know nothing about the colleges they are ranking. </p>
<p>The undergrad b-school rankings of US News are even a bigger joke since the admins. are basically evaluating their own programs.</p>