<p>For business i know that UMich is better than UIUC but is it a lot better? I'm instate at UIUC so it's a LOT cheaper than Mich and I'm unsure about whether going to Mich instead and spending all that money would help me that much in my business career if I'm gonna go to grad school</p>
<p>If you want a good chance on wall street, go to Michigan.</p>
<p>if you just want to work for big 4 accounting, stay in UIUC.</p>
<p>I would go with UIUC if you're instate, UMich just isn't worth that extra price when you can get virtually any job with UIUC, might be a little bit harder but still a lot of investment banks and consulting firms recruit there (like Lazard). Plus they are the best when it comes to accounting.</p>
<p>You might be able to snag some merit aid from IU. I've heard they like to give out money to Kelley Direct Admits, and unlike Michigan, they have no problem with giving merit aid to out-of-staters.</p>
<p>psh! i didnt get a scholarship from the bschool ( the $1000 ones right?)! and im a direct admit!!!!! i tink its actually hard to get those cuz they only give out a few of them.</p>
<p>i'm not going into accounting though....probably finance.
plus i really want to work in NYC after i get out</p>
<p>If you major in finance and mainly plan to do investment banking, you might find yourself double majoring in finance and accounting. A lot of students at UIUC tend to do that simply because it's usually recommended to take extra accounting courses beyond what's required, and it gives them an advantage when looking for any kind of finance/accounting jobs. You usually stand out a bit if you can demonstrate a strong grasp of both accounting and finance during ibanking interviews. If you're recruited by a bulge bracket ibank or NYC-based middle market ibank, you'll almost certainly end up in NYC.</p>
<p>I made the same decision two years ago. Well, I never seriously considered going to Umich - just applied for fun. Save your money and double in Accounting. Plus, the Finance classes can bring up the gpa that UIUC Accounting will punish.</p>
<p>Also, don't judge Accounting solely on Accy 201 and 202. Those classes are pretty terrible, but the upper-level classes are much more interesting.</p>
<p>this should help with your decision.</p>
<p>Go to UIUC, Umich is not worth the extra 80-90k to add on towards your education. If you were choosing between UIC and UMICH its a different story, but UIUC is very respected and it has a great business program. They are top 3 in accounting and hey its your home.</p>
<p>I was going to go to Michigan or Texas (got into bith business schools) and chose to stay instate at UIUC. It's a great program and will cost a third less for me than Michigan or Texas - many of my friends did not get into Illinois but got into Michigan this year.</p>
<p>will i have a good shot at wall street though coming from UIUC??? because I know that UMich feeds a lot of its business students into wall street</p>
<p>if you want a better shot at wall street, the obvious choice is umich. one of the main reasons i am attending umich over my state public school (rutgers) is because of their wall street placement and the incredible amount of resources and connections the b-school at michigan has to offer.</p>
<p>they're also in the process of building a brand new $145 million dollar business school facility that will make wharton's huntsman hall look just ordinary.</p>
<p><a href="http://www.bus.umich.edu/CommunityCreation/%5B/url%5D">http://www.bus.umich.edu/CommunityCreation/</a></p>
<p>Look around in here - <a href="http://www.business.uiuc.edu/bcs/employers/placement_statistics/index.html%5B/url%5D">http://www.business.uiuc.edu/bcs/employers/placement_statistics/index.html</a></p>
<p>Sandy, to answer your question, it is important for me to know what type of economic background you come from. If you come from a lower or middle income family, it is hard to justify spending $160,000 at any university, even one as good as Michigan, when you have a very respectable option in UIUC that will cost you half as much. However, if you come from an upper middle or upper income family, the decision becomes a little easier. When it comes to B-Schools, Michigan and UIUC aren't peers, especially if your wish is to work for an I-Bank on Wall Street. Generally speaking, barely over 1% of UIUC B-School students get jobs with IBanks in the East coast. Over 20% of Ross students get such jobs. That's not even close. So, if money is a problem, think hard about it. If money isn't a problem, I'd recommend Michigan.</p>
<p>I'm not sure if just over 1% is accurate, but keep in mind that the number of students in UIUC's college of business is considerably higher than Michigan's.</p>
<p>Michigan is a great school and I always thought i would go there. I couldnt justify my parents spending the extra money for school. I plan on working in the Chicago market and have no interest working on Wall St. I also plan on attending Kellogg for grad school.</p>
<p>well Alexandre, I come from an upper middle class family and well money would be tight at 40 grand a year but i wouldnt have to take a loan or anything...maybe a 10,000 one total for all 4 years if anything</p>
<p>i'd be on my own for grad school though if i went to michigan...so i dont know if i should do that</p>
<p>Well Sandy, how confident are you that you will get into Ross? If you think you can maintain a high GPA at Michigan, go for it. If you aren't sure that you can maintain a high GPA at Michigan, go to UIUC. And don't think too much about graduate school. Most graduate students are "on their on". You will have saved some money by the time you go to graduate school and your salar coming out of graduate school will be high enough to handle your graduate scool loan.</p>
<p>You will have to work very hard to make it to Wall Street from UIUC. </p>
<p>That being said, Wall Street does recruit at UIUC. I interviewed with three Ibanks last semester. I was not invited back for a second interview from any of the three, but the fact that I was interviewed as a Sophomore was an indication of the respect UIUC receives. However, the fact that it was shocking that I managed to get three interviews is also an indicator.</p>
<p>UIUC Business is not a target school; Michigan Ross is. Is that worth $90,000?</p>