<p>Hey ppl,
I need some help here please.. i wanna do a dual major with economics and business & management.. I have narrowed down my options to umich and carnegie mellon but not sure what to choose.. umich is great but i would have to do one year of liberal arts and only if my grades are good enuf wud i get into the business skool (ross).. so.. im a bit confused..! is it easy to get into the biz skool at umich after a year ?? or is CMU just a better option ??</p>
<p>It is not "easy" to transfer from school to school at Umich. Rather than take the risk, I would just go to CMU. If you are not accepted to Ross I would just go to CMU. A secondary reason is that a double major at CMU is very easy. Econ/Business overlap in many courses and Econ is in the Tepper School of Business. </p>
<p>Finally, I will pm you some stats concerning both schools so you can make a better decision.</p>
<p>If you don't write in English here you won't get much respect.</p>
<p>sorry for the slang.. was in a hurry !</p>
<p>any one else have other suggestions ?? please.. GT ME OUT OF THIS CONFUSION !!</p>
<p>If you are already admitted to Tepper I'd go with that because it's a sure thing, and because you don't sound confident about getting into Ross...</p>
<p>other than that you'll get a top business education at either school, you yourself have to decide which you like better.</p>
<p>It really depends what you want. Tepper is an excellent B School in its own right. If you want to major in Business, and get a lucrative job with a great company when you gradute, both will give similar type opportunities. However, if you intend on working for a major Investment Bank or Management Consulting firm, Ross would probably give you a small edge. Tepper and Ross are roughly the same size, but four times as many Ross students join major IBs and MCs than Tepper students. </p>
<p>Scroll down to page 22 of the Michigan employment profile below to see stats of BBA students.</p>
<p>Each year, anywhere between 15-20 Ross undergrads join the most exclusive of MC firms like Bain, McKinsey, BCG, Booz Allen and Mercer. That doesn't seem like much, but those 5 firms typically don't even hire undergrads. It isn't strange that Ross places so many undergrads in such highly regarded MC firms since its Management program is ranked #1, even higher than Wharton's. In additition another 80 or so Ross students join top 10 IBs, compared to 25 or so from Tepper. </p>
<p>In short, if you are willing to work your behind off and if you intend to join an IB or MC when you graduate, go for Ross. Otherwise, go with Tepper...it sounds like a safer route.</p>
<p>" but four times as many Ross students join major IBs and MCs than Tepper students. "</p>
<p>Total Ross Graduates in the survey= 335
Total Tepper Grads in the survey = 59</p>
<p>So how is that "roughly the same size"?</p>
<p>Also the Tepper median is 55k while the avg Ross one is 50k. The highest Tepper max is 80k while the highest Ross max has a range (page 27) of 50ks,60ks,and 70ks.</p>
<p>Tepper does not report bonuses but the avg Michigan bonus is 3,221 with the median being 2,500 (Page 20). Even with bonuses, Michigan's avg is 52,500 - 53,221. </p>
<p>Because of the ideology of CMU students, many become analysts in tech companies rather than go for Ibanking or Consulting. You can see there is a proclivity for companies like IBM, etc.</p>
<p>You can't go wrong with either business school. Add to this the two facts that CMU makes it super-easy to double major in Econ and that you are not accepted to Ross yet.</p>
<p>I stand corrected AA. Ross is about 3 times larger than Tepper. I don't think the pay difference (50,000 mean at Ross vs 53,000 mean at Tepper) is that significant, especially when you consider the fact that 50% of Ross graduates end up working in the Midwest compared to 80% of Tepper students who end up working in the East Coast. If you take cost -of-living factors into consideration, I'd say the starting salaries at those two programs are practically identical and they are both comparable to Haas, Wharton and Stern. </p>
<p>This said, I stand by what I said above. If one is keen on joining an IB or a MC firm, I recommend Ross over Tepper. However, Ross is risky, so the candidate must truly be willing to do what it takes to succeed.</p>
<p>go to CMU!, CMU is recruited very well</p>
<p>I wonder what GPA is required to transfer into Ross?</p>
<p>To transfer into Ross if you are already a University of Michigan student, I'd say at least a 3.3 GPA, but preferably a 3.5+ GPA to have a decent chance and a 3.7+ GPA to have a good chance. The average Ross transfer maintains a 3.6 GPA in her/his first 2 years at Michigan. To tansfer into Ross from another university is very difficult. I am not sure about the stats, but typically, only 30 or so transfer students ar eaccepted by Ross from other university annually.</p>
<p>since i am an international student.. i am not familar with the GPA scoring system.. so how difficult is it to maintain a 3.5+ GPA.. personally, i am very eager to go to michigan's ross school above the tepper school.. so i do not miond doing what ever it takes to get there..</p>
<p>It is not easy to maintain a 3.5+ GPA at Michigan. That would place you in the top 20% of Michigan students, so you will have some stiff competition.</p>
<p>Yea and you are taking courses with other people who want to transfer into Ross. </p>
<p>GO TO STERN!</p>
<p>that seems intense.. oh ok.. so if i flip the tables.. suppose i do not get into the ross school.. and end up doing 4 years of economics at the college of literature, science and arts at michigan.. eco is a well reputed program at michigan as it is the most popular undegrad major.. how wud my job oppurtunities etc look like after an eco major ??</p>
<p>duke3d4.. i had applied to STERN early decision but had been denied admission..</p>
<p>That sucks. Go to CMU then if you can't get into ross. Umich regular econ is like NYU Stern vs NYU CAS. They are like different schools altogether. I think the avg econ major at Umich is around 40sk in salary. Big difference from Ross.</p>
<p>Lampard, Michigan LSA is not equaivallent to NYU CAS. LSA is significantly better than CAS. However, placement into top firms from LSA is not quite as impressive as placement into top firms from Ross. A third of Ross students end up working at top 10 IBs (like Goldman Sachs, Lazard and Morgan Stanley) and top 5 MCs (like McKinsey, Bain and BCG). Another third take jobs with major fortune 500 companies like IBM, Boeing, Lockheed Martin etc... Econ majors do well for themselves, but not that well. I personally chose Econ as a major, so it made no difference to me, but if you are intent on majoring in Business, I would agree that Tepper would be a safer bet. Let me put it another way, professional placement out of Tepper is better than professional placement out of Michigan LSA.</p>
<p>However, I should make something clear. The environment at Michigan is never "cutthroat". It is certainly competitive, and only top students do well, but students always remain friendly.</p>
<p>Getting a 3.5 or over at Michigan is not very hard at all, especially if you take pre-business classes like ENGLISH 125, ECON 101, 102, etc. However, it could be hard if you load up on classes that attract the top Michigan students. But top 20% only requires effort, and for some, not even that.</p>