<p>I'm from Chicago and plan on returning there when I graduate. I was accepted to both business schools. I visited both and liked their campuses. Everyone at each place was very positive. (Although UIUC's business school already has its new building, I'm told Kelley is starting construction on its new one next year.) With the scholarship I received, Kelley would cost about the same as UIUC. I'm not sure what my concentration will be. It probably won't be entrepeneurship. It might be finance or accounting but I really have no idea. </p>
<p>What do you want to be? If you want to be an auditor/tax/accounting, go to UIUC. If you want to work in finance/investment banking, come to IU.</p>
<p>I am from Chicago, and after all scholarships it was slightly cheaper for me to attend IU than UIUC. Most Kelley grads end up going back to Chicago.</p>
<p>IU is better overall, while UIUC is better in accounting. UIUC was ranked #1 in accounting, whereas IU was ranked #6, so they are both very good schools for accouting and even if you came to IU and wanted to major in accounting, you could probably get the exact same job as someone from UIUC.</p>
<p>Here are numbers for where Kelley accounting and finance grads work, salary, etc. Like maxellis says, way more wind up in Chicago and Indiana, especially in finance. A lost of Kelley students are from Chicago to begin with.</p>
<p>Given the budget problems the State of Illinois is now experiencing, it is very difficult to accurately predict the cost difference between UIUC and IU. See this article from the State Journal Register from March 2, 2010:</p>
<p>Next year’s increase could be as high as 20%, but likely in the mid-teens according to this article. The only upside is that UIUC’s tuition remains constant for the 4 years you are enrolled.</p>
<p>I haven’t seen any indication that IU will increase their tuition by such drastic amounts.</p>
<p>I think I am going to accept UIUC. A key tie-breaking reason is that, just in case I decide to switch out of the business school, the caliber of the other students accepted at UIUC appears to be much much stronger that Indiana (based on that Kiplinger survey). (I know that’s not the case with Kelley, whose students are comparable to UIUC.)</p>
<p>Kiplinger: 100 Best Values in Public Colleges 2009-10:</p>
<p>% of SAT Verbal 700-800 % of SAT Math 700-800 % of ACT 30-36
UIUC 13% 52% 36%
Indiana 7% 9% 17%</p>
<p>IU will never catch UIUC in this category. The state of Illinois is twice as big as Indiana, so it has twice as many students competing to get into only one flagship. Indiana is half the size of Illinois and has two Big Ten schools that emphasize different curricula, which further dilutes the pool of potential high scoring kids that go to either school. Illinois has engineering and IU does not. Take the engineering, pharmacy, and vet medicine students from Purdue and add them to IU’s composite scores and their standardized test scores would be comparable to UIUC.</p>