My daughter is registered to attend McCombs in the fall of 2019. She is out of state and is in regular business under grad program with no financial aid.
She just got off the waitlist at Stern NYU yesterday and here too, did not get any financial aid. Have to make the decision by tomorrow but don’t know which to choose
McCombs- huge campus, great weather but very far ( we are in Delaware)
Stern - no campus, cold weather, more expensive but close to home
NYU costs roughly $77,000/year and UT costs roughly $47,000/year, as you know.
NYU Stern is NOT worth $120,000 more than UT McCombs. Not even close.
I’m an NYU Stern graduate. I would encourage my child to choose UT.
ETA: Let this be her first exercise in cost/benefit analysis.
Unless the price difference is pretty easy for you and there are significant fit issues, UT McCombs will be just fine.
I won’t say they are the same outside of TX, especially if no BHP Honors. But there is a price differential.
Both are also pretty regional in their recruiting. Obviously NYU stronger in NYC and McCombs stronger in TX. Where does she want to work?
If your daughter wants to study finance & work on the east coast, then NYU is the better choice if the additional $30,000 per year COA for NYU is easily affordable.
If open as to location after college & not intending to study finance, then it is clear which is the cheaper option, but it is not clear as to whether the additional cost will be a burden to your family & which school your daughter prefers.
One of my relatives is on a board which oversees UT-Austin’s graduate finance degree program & I can assure you that the curriculum is top notch. This should be reflected in the undergraduate finance program.
Both schools offer great placement, but place the majority of their grads in different regions of the country.