<p>I have been researching business schools and I wanted more information on the differences between University of Minnesota (Carlson), Indiana University (Kelley), and University of Wisconsin-Madison. How are these schools different? I know rankings aren't everything but IU is ranked #10, Wisconsin is ranked #14, and Minnesota is ranked #19 for undergrad business schools. I simply cannot afford a $50,000 school so please do not say the Berkeley or NYU is better because it is not an option. I would appreciate any opinions but please give facts and statistics to support your answers! What are the main differences between these schools for undergrad? I am thinking mainly about majoring in finance if that helps. Please comment! Thanks</p>
<p>Indiana is the better finance school of the three. If you are paying out of state fees for each, Indiana would also but the cheapest IF you can get their highest automatic scholarship, which is $9,000 per year. [Automatic</a> Academic Scholarships: Office of Scholarships: Indiana University Bloomington](<a href=“Future Scholars: Office of Scholarships: Indiana University Bloomington”>Future Scholars: Office of Scholarships: Indiana University Bloomington)</p>
<p>They also have a Residence Scholars dorm, which costs only about $3100 per year for a single room. [IU:RPS</a> - Residence Scholars Community](<a href=“http://www.rps.indiana.edu/resscholartc.cfml]IU:RPS”>http://www.rps.indiana.edu/resscholartc.cfml)</p>
<p>The automatic scholarship and the residence scholar dorm would make tuition, fees, room and board about $27,000 next year, which is pretty cheap for a business school that is top ten overall and in finance.</p>
<p>If you happen to live in the state of any of those schools, then attend the one that is in your state because money is obviously a factor, especially since they’re all decently ranked.</p>
<p>INDIANA. This is a No-brainer.</p>
<p>IU is currently my top choice but alex202 do you have any stats or information to support your answer? IU is a great business school and is ranked better than Wisconsin and Minnesota but why is it better and is it that much better?</p>
<p>Minnesota’s out of state cost is probably the most reasonable of the three. It is a nice school that is pretty underrated in my opinion. It is pretty competitive (some business classes graded on a strict curve), but there are lots of opportunities to succeed. Minneapolis has a lot of Fortune 500 companies nearby (General Mills, Target, Best Buy, 3M, Cargill, etc.), so there are plentiful employment/internship opportunities (plus you really don’t really have much competition for positions at these corporations other than other Carlson students). Carlson and Hanson Hall are very nice, modern buildings with a lot of resources for the students.</p>
<p>I think you’ll have a similar education at all 3 schools, with Kelley having the edge. Kelley may be a bit more expensive (depending on aid and how much scholarship you’re getting), but you should be fine at any of these. Keep in mind that Wisconsin’s business school is only a 3-year program, so you will have to apply for that during Freshman year (and run the risk of not getting in). Definitely visit them if you haven’t already to get a feel of the universities.</p>
<p>Thanks that is very helpful. I knew Madison’s business started at Junior year but I am not sure if I want the risk for this. I would be in state for Madison and Minnesota and out of state for Indiana but for some reason I like IU the best. Any other comments are much appreciated!</p>