Yeah, I don’t really care. They’re fully aware of how co-signing loans work, and they’re okay with it. No I won’t have to pay them back 120k
And NYU has no campus and is a few blocks from Wall Street. Plenty of students have internships during the school year, and that’s something thats almost exclusively available to students living in Manhattan. Competition for these internships is also much lower because of the much smaller pool of applicants.
Idk if Stern is better, but NYU in general has more opportunities because of the location. Kelley’s grad school isn’t that great either. Kelley is good for undergrad mainly.
Anyways, my parents and I both believe the opportunities available at NYU are worth the extra money.
Stern undergrads enjoy many opportunities due to living in lower Manhattan. That’s just a fact. It is indeed a wonderful experience for students who are looking for the big city experience with opportunities at their doorstep, which small town Bloomington obviously cannot provide. I would put Stern’s undergraduate reputation and placement above Kelley’s in virtually every category, but only slightly. Stern’s undergraduate placement rate is nearly 100% with average starting salaries approaching $70k. Also, at Stern, internships are available during the school year in addition to summers, since students are right there in the midst of the action.
That said, there is a cost/benefit analysis to be made, and in OP’s case, the cost of NYU Stern is so much higher than the cost of Kelley that I have to agree with Goodkidsdad and Intparent here. When money is no object, or if a large scholarship is in play at Stern, I personally would choose Stern and NYC every time. That does not appear to be the case here. Keep in mind also that some 18-22 year olds are not ready to live in the big city. OP, you may think that’s what you want, but perhaps the small town/traditional campus is not such a bad thing as an undergrad.
Have you visited these schools yet? This is critical. I have been to both campuses and they could not be more different in virtually every way.
I haven’t visited either. Actually that’s not true, I visited Bloomington briefly because my brother goes there. I will be heading down in about a week and a half and again for Direct Admit Day.
NYU’s campus is just NYC, so I’m assuming its similar…?
@prospect1 is a sage person. Visit NYU and do the direct admit thing at IUB to make sure either are a fit. You might also visit the Tower KLLC at IUPUI (your GPA doesn’t qualify for KLLC at Bloomington) and see the Honors College at Kelley Indianapolis. Good school and urban setting.
Just a reality check that the 3.55 GPA is great, but you still need to maximize your opportunities.
All good choices. They will all take you where you want to go if you make it so. Good luck!!
OP, when you visit Kelley, make sure to look at the very long hallway of portraits and honors of the alumni of the business school. I think some of the household names and accomplishments will astonish you with their impressiveness. I hope that area is still there; I know that Kelley has been enhancing and improving its facilities quite a bit. You are fortunate to have such a highly regarded business school in your own state; perhaps it’s the proximity that makes it seem more ordinary to you. To most, it is a coveted admission that you should not take for granted.
NYU does not have a campus per se, but the Washington Square Park area is almost exclusively surrounded by NYU buildings, so it does have a somewhat campus-like feel, and the area is heavily populated with student types - at all hours. However, NYU does not own Washington Square, and so of course it is open to the general population. Some kids would not like this experience at all, and some want nothing else. You need to find out how you feel about this, and visiting is the only way. The Stern buildings are quite impressive, but I would not say that they are more impressive than the Kelley facilities.
As you may recall from your one visit, the IU campus is bucolic and lovely, with gently rolling hilly areas, tall trees and pretty buildings. NYU is in the Greenwich Village area of NYC, which is one of the most charming areas of the city. Both campuses are really very nice representations of the types of campuses they are (campus town vs city), it’s just that they are two very different types of campuses.
Will do! It actually does qualify, the way Kelley accepts people direct is weird. Basically, I have a 3.55 UW, but my high school only shows my weighted GPA on the transcript and IU doesn’t recalculate. So I have a 4.2 weighted, which got me admission into Kelley.
It definitely is the proximity. Kelley is an excellent school and I don’t want to seem like I’m bashing it. I have many, many friends who are attending, two cousin alumni, etc. It’s an amazing school, don’t get me wrong. It’s actually too good, if it wasn’t there I would have probably tried harder in high school, haha.
BUT … NYU and Kelley are still not close. NYU has the highest investment banking placement (behind UPenn). NYU grads on average also make more than the average Kelley grad. Additionally, according to CWUR NYU is the 18th best school in the world with more successful alumni (according to the amount of awards won and CEO positions held relative to the size of the school).
I’m aware that it’s not for everyone. And you’re right, I may need to visit. How much is a last minute flight ticket to NYC? Haha.
I’m not understanding how if your parents pay $30 a year, you only need another $20? What about room/board which is very high at NYU?
I would say w that GPA/SAT Stern is a healthy reach for you. You are competing against 4.0/2300 kids for Stern. Same for Michigan. Your EC’s are good, but I don’t think they bridge the stats gap. You never know though!
Why would you want CAS? That will do you no good for inv banking. Kelley is much better for that than NYU CAS, at a bargain price. I wonder about your financial abilities if you don’t see what the obvious answer there is.
NYU is neither a block nor blocks from Wall Street. And Wall Street is not really even on Wall St anymore. Think hard about whether you are idealizing the whole NYC thing. Trust me, I live here, I work in the business, and I didn’t have to go to Stern to do it. And just to round it out, I did a year of grad school at NYU, no great shakes. Employer survey puts IU at #1 btw…
OP, I have to disagree with you. I have listened to the admitted student pitches for both. For undergraduate purposes, I believe these two schools will provide similar instruction and education, with some different philosophies and approaches that we did not find particularly noteworthy. From the perspective of opportunities, this really depends on you and your goals. The environments of both schools are, admittedly, polar opposite.
Are you interested in pure finance? In marketing? In a math-based business career? Management? Entrepreneurship? Consulting? On and on…there are many, many different paths to take with a business degree.
Do you want to live on the east coast? In the midwest? Another country?
And mainly, do you even know the answers to these types of things at this point in your life? Probably not, if you are being honest with yourself. And even if you feel very sure today that you want to live in NYC and work on Wall Street, I assure you that you might change your mind once you get there. You might love it…or not…it’s really hard to tell at your age, particularly since you are coming from the midwest (and most likely not from a big city).
The one thing that you really can determine at this point is that you do not want to go deeply into debt for an undergraduate education. I can safely say that this is universally good advice no matter where you ultimately want to end up, and no matter what you ultimately want to do. And as @HRSMom so aptly points out, NYU is not the only way to NYC; and even if you love NYU, there is always grad school.
The reason people keep pointing you back to Kelley - on an NYU board! - isn’t because we don’t acknowledge the lure and value of NYU. It’s because an NYU degree is a very expensive product. If your folks are OK with that, or if you get one of their big scholarships, great! But if not, you really need to consider your more reasonable options. Kelley is a standout business school; there are many who would prefer it to NYU for many tangible - and intangible - reasons.
I’m honestly probably more interest in economics than finance. But otherwise, finance and marketing are my two main interests.
I want to live in a city. East coast, West coast, idc. My two ideal cities would be NYC or LA.
it’s honestly not worth discussing this right now. Let’s see if I get in and what my financial aid package looks like. Then we’ll see how much of the remainder my parents are ok with paying. Then we’ll discuss the rest.
Yes, and I don’t get into NYU or get no financial aid whatsoever (and my parents can’t meet enough), I’ll go to Kelley.
I am a huge Kelley advocate (both campuses) .So this might be a little painful for me to say. But if you are looking for Economics then you need to consider Purdue Krannert In-state. Or the IUPUI (Purdue) campus has a good Economics pathway as well.
If I go in state, I will be going to Kelley for Finance.
Also, given how many AP credits I have, I could finish my undergrad in 2.5 years. Kelley has a program where you can get your MBA + Undergrad in 5 years, and given that I’ve cut at least a year off already, I could get a Finance B.S. and MBA in a 4 year period. So I may do that.