I agree completely. And Kelley occupies a niche that many other undergrad programs can’t fill. Think of it as a business model and it is clear that Kelley has chosen this space for a reason. Top notch business education at a decent price - many can’t, or don’t want to pay for a Michigan or Wharton degree. Are the gains really worth the incremental cost for students in those programs? Not always.
My son is taking the stance that he wants to maintain a very high GPA with internships at IU, and then that will open doors to Masters programs at “prestigious” business schools.
Are previous posters saying this is unlikely if he is not attending the more “prestigious” (likely more grade competitive) schools for undergrad?
p.s. I know many very successful professionals in IB and they are not all coming from the “prestigious” schools listed, but then again I’m not in NY.
The opportunity cost for getting an MBA is quite huge. I would caution you and your son focusing on that as a way to get IB jobs. I went to Columbia for my MBA fyi. Most MBA schools require at least three to five years experience. My advice is to go to Kelley- there are so many opportunities beyond IB by the way. My son got into IU with a $8k a year merit scholarship and is waiting for Kelley. even if he gets into better schools it will be hard to turn down Kelley- they really have done a great job and students love it there. I can’t say the same for Columbia.
FWIW, I don’t think he wants an MBA or IB career (maybe that’s another poster’s child?). My son mentioned a more focused Masters - I think analytics or supply chain - can’t remember the emphasis now. He’s also very entrepreneurial, so may just skip the Masters path altogether. At 17, he’s still exploring options.
We have relatives (including his 2 cousins) who followed the Kelley Masters degree route (they were Kelley TA’s) and were recruited right out of college by the big Accounting firms (after IU internships there) and started out well over six figures, which isn’t bad for 23. I live in Chicago so see a lot of happy, recent IU grads at the big accounting/consulting firms in the city. Those here posting from Wall Street may have a different perspective.