Hey all! I have an important decision to make. I have been accepted to Indiana as a Direct Admit to the Kelley School of Business as an intended Economic Consulting major, as well as having qualified for the Hutton Honors College. However, I found out two days ago that I earned a Regents’ invite to UC Berkeley as 1 of 30 incoming students to their brand new Global Management program (4 years at Haas).
I am an Indiana resident, so Kelley would cost about $24K/yr. with the potential to be less after various scholarships from Hutton and Kelley. As an OOS admit to Berkeley, it would cost me and my family about $63K/yr. Since I don’t have significant financial need, I would get a $2,500/yr. amount for the Regents’ and Chancellors’ Scholarship if I were to be selected.
The prospect of going to Berkeley certainly seems intriguing, but I’m not sure if it’s worth the extra ~$40K/yr. Having been selected for Global Management, I know I would have tremendous opportunities at Cal, but the career prospects seem to align with those that I would have at Kelley if I were to get into the IB or Consulting Workshops as an undergrad. I’ve looked at the career reports for both schools, and the top hiring companies for IU Kelley are Ernst & Young, PwC, Oracle, Deloitte, and KPMG. Similarly, the top employers for undergrad Haas students are KPMG, Ernst & Young, Citigroup, Goldman Sachs, and JPMorgan Chase.
Are Kelley and Haas similar in terms of prestige (in your opinion), and/or is Berkeley worth the extra $40K/yr.? My parents have said that they are willing to support whatever I want to pursue, but that they would have to take on quite a bit of debt to make Berkeley happen.
If your parents don’t have the money for Berkeley, then it’s probably not worth it. It would only be justified to attend Haas if you could pay the full $63k with your Stafford loans + your parent’s contribution. Is the Berkeley program directly admitting you to Haas?
I don’t think that Has is worth a ton more debt. Or even paying a total of $160K more.
Remember that where you go will depend on your drive and abilities more than which of these two schools you go to as Kelley is also a good b-school with programs that place well.
I responded to your other identical thread. OP would you mind sharing your stats ? I am asking for a couple of reasons, but am suspicious that your honor may be a method of funding a new program with out of state tuition dollars.
If truly an “honor”, then Berkeley should have offered you in-state tuition/out-of-state tuition waiver.
@Publisher I’ve been accepted to Tulane (Freeman) with Honors, SMU (Cox) as a BBA Scholar, and the Wisconsin School of Business. I’m waiting to hear back from Cornell (SC Johnson), USC (Marshall), Vanderbilt, Northwestern, and WashU (Olin).
@Publisher While I am honored to have been selected for the Haas program, I have not (or will not) receive any form of special merit aid to support me.
@rrsp23 If the Global Management program also includes direct admit to Haas, then that is worth paying something extra. Haas is difficult to get into Junior year at Cal. You and your parents will have to decide if it’s worth an extra $40k per year. You can’t go wrong with either choice for business.
As an aside, I wish I would have heard about this program earlier; my son would have applied. He was accepted last month into a similar program at USC, the World Bachelor of Business major which is starting it’s 6th year in the fall.
I have a student at Haas and though I think it’s a fantastic opportunity, I agree with all the others that its not worth the extra expense. Go with Kelley.
I looked at the program and it’s definitely not worth an additional $40k/yr over IU. It’s not comparable to the USC Global business program and requires you to be abroad freshman year fall semester and to spend extra for a summer session. You can study abroad multiple times at Kelley and come out ahead financially and with a great business education. I see no value here for an OOS student.