<p>I am interested in business, more specifically finance. I really want to go to michigan and it has a really good undergrad business program. But I'm from illinois so i have to pay out of state tuition. All 4 years at uiuc (university of illinois at urbana champaign) cost me $70000 whereas at umichigan it costs me $170000. Is it really worth it to go to michigan?</p>
<p>The UIUC business school is outstanding. It would not be worth spending an extra $100,000 imho.</p>
<p>I still need to make my final decision. I got into Michigan, Illinois and Texas business programs. I made up my mind to go to Texas unitl they increased tuition to the same level as Michigan's.
I met with one of the deans of the business school at Illinois last week with my parents. Illinois program is very impressive and my parents told me they can't justify spending the additional money to go to Michigan</p>
<p>I don't blame them.</p>
<p>You should be honored to get into Illinois' Business program this year. Admission was extremely difficult. You'll be fine.</p>
<p>Not sure where you are getting your numbers sandy. UIUC for in state students is $18778 for tuition, room, board and books, plus $3462 for business school charge. UMich is just under $40K for out of state. </p>
<p>UMich is rated 3rd best undergrad in the country. And it's reputation outside of Illinois is very high. If you can afford UMich then choose based on what school you feel comfortable with. if you can't afford UMich, then your decision is made for you.</p>
<p>Good luck.</p>
<p>I think he/she meant 77,000 for all 4 yrs. Cause close to 19 grand roughly equates to less than 80 grand for 4 yrs.</p>
<p>business school for a freshmen coming in next year to UIUC will cost AT LEAST $22,240. This is tution+room and board+books+this and that expenses+the extra to attend business school. $22,240x4=$88960 at least.</p>
<p>Hmm, this is interesting. I had the same dilemma two years ago: U of I vs. UMich for business. I chose U of I mainly for financial reasons, but after experiencing a couple of years at U of I, I haven't regretted my choice so far.</p>
<p>One somewhat tangible way to determine whether it's justified to choose UMich is if attending UMich would directly enable you to land the job you want upon graduating, so I'd just like to point out some of the differences in employment opportunities, especially for finance. The major financial companies generally come to both U of I and UMich, but the difference is that they often hire more students each year from UMich compared to U of I. This is significant considering that UMich's business class size is much smaller than U of I's. Also, smaller boutique ibanking firms and mid-market ibanking firms more actively recruit at UMich.</p>
<p>Despite these apparent disadvantages, choosing U of I would by no means prevent you from obtaining your dream job. The general idea is that you just have to work a little harder to get interviews with the more selective companies or boutique/mid-market companies that more actively recruit at UMich. By "work a little harder," I mean you have to be a top student, be actively involved on campus especially in leadership positions, and network like crazy. I don't like the word "network", but it's true, students who are effective at networking with company representatives or contacts they have at companies tend to land a lot of hard-to-get interviews/job offers. </p>
<p>To be honest, U of I's overall business program is not as good as UMich's. But there is a wealth of opportunities at U of I you can take advantage of that help make you as competitive as a student graduating from UMich.</p>