<p>UW average starting pay is higher. UW finance major average pay is higher. UW ties Harvard for most CEO's from an undergrad school.
UW business school is one-third the size and more personalized.
UW overall is a much better school and more fun.</p>
<p>Last year's detailed placement report is pretty comprehensive. This year's will be out in a month or so.</p>
<p>LOL Transfer, you found out who I was on my CollegePredictor thread, so I searched through your posts and found this thread. I wasnt going to post, because Business isnt my specialty, but it looks like I need to correct some misinformation here.</p>
<p>First, let me preface stating that both these schools will get you the job you want. Its up to you whether or not you want to work hard enough and get to where you want to go. Both schools have the resources to make it possible.</p>
<p>You look through the recruiting list, and nearly all the same companies recruit at each place. The top companies are essentially the same; Ernst & Young, Kohls, General Electric, Procter and Gamble, etc. Wisconsin had 330 companies come to recruit on campus. Indiana had more than 370. </p>
<p>I dont believe that Wisconsin has a lot more overall prestige. Yes, people recognize it as a better school. Its ranked in the top 35 and has a Peer assessment of 4.2. But IU is still in the top 75, and has a peer assessment of 3.7. There is a drop off, but its not a drastic drop off like people make it seem. </p>
<p>I also take some offense to the statement made that the school basically sucks except for the business program. Actually, I laughed at first. The music school is one of the top in the nation. The Journalism school is one of the top in the nation. Psychology ranks very high. The School of Environmental and Public Affairs is #1 in the nation. Kinesiology has a phenomenal reputation. Nearly every department Indiana is very strong in, the Big Ten as a conference is an academic conference and has strengths in many fields. However, it doesnt have a Engineering School, they have conceded that to Purdue, haha.</p>
<p>As for admission to the school, about 10% of the B-School applicants are admitted directly as freshmen. The other 90% have to take about 4 prerequisite classes, and get a GPA in those classes, and then they submit an application at the end of their freshman year. About 75% of those students are accepted, and youre going to get accepted if you have above a 3.0. The remaining 25% apply at the end of their sophomore year. Only the bottom 5% of applicants dont get into the B-School from what Ive heard, and thats because they are on academic probation and/or flunked out. I think this is different at Wisconsin in the sense that you do have the quality Econ major. However, the SPEA is the school at IU for the business dropouts from what Ive heard, and many of them still get fantastic jobs.</p>
<p>Also, people are talking as if Madison is this glory place and that Bloomington isnt. This is funny, because in the Best College Sports Towns, Madison is #1, Bloomington is #6. In Playboys Party Schools, Madison is #1, Bloomington #7. Princeton Review is similar. If you think that you wont have a good time at IU, and that the environment is different at all, youre mistaken. It should be noted that Indiana has one of the most beautiful campuses in the nation, Wisconsin is more urban, although it does have Lake Mendota, however you wont be swimming in that except for the first couple weeks. IU makes an effort to beautify itself, they have lots of flowers, open fields (they have an arboretum on campus that was going to be turned into a parking lot and the students wouldnt allow it), whereas Wisconsin is more entrenched in the city, although it has the lake and the trails. Bloomington is a college town, Madison is a city with a college in it (kind of like Ann Arbor). There is other stuff happening in Madison other than the college, whereas in Bloomington, the college is the town. You dont have the mass media and the big businesses like in Madison. </p>
<p>Okay, now to get to the numbers. Barrons stated that UW had a higher average salary and higher finance average pay. Both are incorrect. Heres the link to the site for IU. <a href="http://ucso.indiana.edu/cgi-bin/ReportCenter/salaryStats.cfm%5B/url%5D">http://ucso.indiana.edu/cgi-bin/ReportCenter/salaryStats.cfm</a></p>
<p>Finance:
Indiana: $48,479
Wisconsin: $46,343</p>
<p>Overall:
Indiana: $46204
Wisconsin: $44255</p>
<p>The OP asked about I-Banking. I dont know anything about this other than how many went into it. I know that UW publicized that 15 students are in I-Banking. At IU, there are over 70. I know they have an I-Banking club on campus and that Goldman Sachs comes onto campus to recruit for full time positions, which they dont at UW.</p>
<p>I should finish this novel stating that both schools are so similar in their B-School starting salary, placement, and reputation that both degrees will get you the job you want. It will come down to what school you want, and whatever that tipping factor is (overall reputation, secondary major, finances, location, sports, etc.) will be where you will go. People make way too big of a deal when it comes to rankings on this board. You will find this situation to be similar for about any school you look at, be it Indiana vs. Pittsburgh, Michigan State vs. Wisconsin, or Brigham Young vs. Washington U. There isnt much difference in connections between a school ranked 10th and one ranked 50th.</p>
<p>"Yes, people recognize it as a better school. Its ranked in the top 35 and has a Peer assessment of 4.2. But IU is still in the top 75, and has a peer assessment of 3.7. There is a drop off, but its not a drastic drop off like people make it seem."</p>
<p>it's a pretty big difference on overall prestige.</p>
<p>I agree that Kelley has an edge over Madison in business though.</p>
<p>The decision should be made based on fit.</p>
<p>"Which has better recruiting opportunties"</p>
<p>Kelley.</p>
<p>What a dumb rookie mistake by A2. I would call it a draw.</p>
<p>He is comparing 2005 UW to 2006 UI. Here are the 2006 UW/UI numbers</p>
<p>Overall avg start:UW $46,392 UI $46,204
Finance:UW $48,832, UI $48,479.
Average bonus finance: UW $4719, UI $3900</p>
<p>OMG!! There's a difference of a few hundred dollars!! That's really going to make or break the OPs decision.</p>
<p>No it won't--that's what I said=draw.
But on most other factors UW is well ahead. Better school overall, better town, better sports, better social scene. More diverse student body from all states and all over the world.</p>
<p>Yeah, but IU Kelley is the better b-school...and that cannot be denied (just like UW being a better overall school than IU can't be denied).</p>
<p>Yup, hands down, Kelley is better.</p>
<p>According to US News they are almost even, in salaries they are almost even. I don't see where it shows that Kelley is clearly better.</p>
<p>Well I never liked using rankings, but in the BW rankings IU and UW are separated by miles. Salary-wise, most schools fall into the same range...45-55 K-ish.</p>
<p>BusinessWeek stats:</p>
<p>IU # 10
Wisc #27</p>
<p>IU) teaching quality: A, facilities/services: A, job placement: A+
Wisc) teaching quality: B, facilities/services: A, job placement: A</p>
<p>maybe the Kelley school did a better job of getting their students to give it high grades. I'd beware of rating just based on what the students say as you really can't compare across schools. Based on facts they are even.
Do you really think Emory and BYU should be that high? Notre Dame?? I think this is much more suspect than the US News rankings.
Also 376 companies recruited at UW for 2006.</p>
<p>To the OP: if you decide that business isn't for you, and you decide to drop out, IU doesn't have as many otehr prestigious programs, that you can fall back on, but UW has some of the best Econ, Biology, Chem, History, Poli Sci...etc programs in the country and all of them are top 10 or 20 in most fields and tehre are tons of research oppurtunities which you might like. Anyways, if your planning on getting an MBA, I wouldn't reccomend majoring in business as an undergrad because only about 20% of top business school students majored in business as undergrads. Consider your future and evaluate your options. Again, this is all on your personality. I will probably go to IU because I KNOW that I definitely want to get into business as soon as possible, but you should still evalute all your options and make a decision for yourself and only regard these replies on CC as opinions and nothing more. Also, visit both schools because usually people can factor out school's after visiting and doing an overnight stay. Best of luck.</p>
<p>"IU doesn't have as many otehr prestigious programs"</p>
<p>Premed- That's a false statement that i've already spoken about.</p>
<p>barrons - I'm comparing the numbers you gave me. If you would have given me the 2006 numbers, I would have used them. Besides, the numbers are about the exact same, which was my point. Neither school is going to give a significant advantage over the other when it comes to employment oppurtunities. Also, could I get a link to where it says that 378 came onto Wisconsin? Because on the 04-05 results, it said 330, and 48 companies to be added in a year is a drastic increase.</p>
<p>
[quote]
maybe the Kelley school did a better job of getting their students to give it high grades. I'd beware of rating just based on what the students say as you really can't compare across schools. Based on facts they are even.
[/quote]
</p>
<p>Barrons, the student survey score only counts for 30% of the final ranking. And theres a lot more than a 30% difference between #10 and #27. See the BusinessWeek FAQ:</p>
<p>And Pre-med, about 20% of MBA students majored in engineering as an undergrad, that doesn't mean you shouldn't major in engineering if you want an MBA in the future. The main factor in MBA admissions is work experience, you should pick whatever path you think will lead to better work experience.</p>
<p>Here are some HBS statistics as an example of where people come from:</p>
<p>To sum things up I think Kelley has a big advantage over U-Wisc Business. Particularly if your goal is one of the more competitive fields like investment banking.</p>
<p>"Steve Schroeder, director of the School of Business Career Center, says he's seeing the strongest job market in the past six years. </p>
<p>"All of our numbers are up - companies coming to campus to interview, attending our career fairs, as well as salaries," he says. </p>
<p>The number of recruiters visiting the School of Business is up 14.2 percent compared to 2004-05."</p>
<p>Could I get a link?</p>
<p>If my plan, as of right now, is to go into financial services (i.e. i banking) after undergrad, and then get my MBA, then wouldn't finance be the best major to go into? What other majors end up in financial services, or other aspects of business? I do however want to keep my options open, because I cannot be sure of what I want to do until I get a taste of it, so a school with multiple decent programs would be my best pick. Also, I didn't start this thread because I have to decide between just those two on where to go. I just wanted to find the differences between the two.</p>
<p>A2 link--the exact final number will be in the final placement report in the Fall.</p>