Opinions please and thank you! OOS for both.
wondering the same thing…
Both are good schools for business but Michigan Ross is better, are u instate for either of these schools?
Even if you are OOS for both, Michigan will be more expensive by roughly $10-$15k/year. If that is not a concern, then it really depends on how badly you want Ross (you will have to work hard to get in unless you are preadmitted), and how fixed you are on majoring in Business should you not be accepted into Ross? Or are you equally happy majoring in Economic?
@NewYorker404 and @Alexandre Ross is a better all-around business program and magnificent facilities (I visited last year) but about $20,000 more per year than Kelley, as I explain below. Kelley’s Investment Banking program is top notch, however, if that is your interest. I went through this last year with my son. If your stats are good enough to get pre-admit into Ross, then your stats would likely be good enough to get between $7,000 -$10,000 in merit aid from Indiana and qualify for additional selective scholarships at Kelley and possibly the Hutton Honors College. Assuming you got $10K from Indiana this would bring Kelley tuition down from $35K to $25K. Adding $12K room & board the cost of attendance is about $37,000. This is versus about $56,000 per year at Michigan’s Ross. Ross (assuming you can get pre-admit) over Kelley is only worth it if money is not an issue to you and your family. And if you do not get pre-admit (decision will be emailed to you in March) the decision becomes much easier. Why take the risk ? You’d need at least an A - gpa freshman year and you would have to apply again as a freshman to get into Ross. Not an easy feat to achieve at Michigan. In my opinion, a degree from Kelley would be better than an economics degree from LSA at Michigan.
“In my opinion, a degree from Kelley would be better than an economics degree from LSA at Michigan.”
I am not sure I concur. It depends on the industry and the region. In many instances, I agree that a Kelley degree is more marketable than a LSA degree. However, in many other instances, Michigan will trump Kelley.
" And if you do not get pre-admit (decision will be emailed to you in March) the decision becomes much easier. Why take the risk ?"
Risk is all relative to a) your alternatives at Umich b) your confidence/ability to get into Ross after freshman year.
Thus, the risk is different for each person.
Is Kelly a target school for I-banks?
Are we sure OP wants IB. If so, Ross would be the better choice, assuming OP was admitted. Otherwise, Indiana Kelley with IB Workshop would be better than UMich LSA Econ IMO.