UMich vs. UIUC

College Majors Business Major
21

<p>Here are a few links to give you a more informed view on the number of students going to ibanking from UIUC vs. UMich.</p>

<p>Percentage of UIUC students in Finance going into ibanking in 2005:
<a href="http://www.business.uiuc.edu/bcs/bsms/services/explore_careers/major/finance.html%5B/url%5D"&gt;http://www.business.uiuc.edu/bcs/bsms/services/explore_careers/major/finance.html&lt;/a&gt;&lt;/p>

<p>Number of seniors majoring in finance in 2005:
<a href="http://www.dmi.uiuc.edu/stuenr/enrsp05.xls%5B/url%5D"&gt;http://www.dmi.uiuc.edu/stuenr/enrsp05.xls&lt;/a&gt;&lt;/p>

<p>6% of 396 is 24-25</p>

<p>Percentage of UMich students going into ibanking in 2005:
<a href="http://www.bus.umich.edu/EmploymentProfile/ByFunction.htm?StudentType=BBAGrads%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/ByFunction.htm?StudentType=BBAGrads&lt;/a&gt;&lt;/p>

<p>Each class of UMich business students is around 360 give or take a few, so 28.5% of that would be around 102-103.</p>

<p>So clearly, a lot more students from UMich go into ibanking. I'd like to mention that I think 28.5% is a higher than usual percentage for UMich students going into ibanking. Also, the number of business students from UIUC going into ibanking is definitely increasing. I don't have anything to substantiate that statement yet, but I think the 2006 placement statistics will show an increase from 6% of finance majors going into ibanking. Keep in mind that U of I's college of business has tradtionally been very appealing for major accounting firms because many of the top business students were interested in accounting jobs, but now a growing number of top business students are showing much more interest in ibanking jobs, so ibanking recruitment should pick up.</p>

22

<p>Here are the employment statistics for UIUC. As you can see, it's a feeder to the Big Four. Not nearly as many in ibanking, but it's possible.</p>

<p><a href="http://www.businessweek.com/bschools/undergraduate/06profiles/illinois3.htm%5B/url%5D"&gt;http://www.businessweek.com/bschools/undergraduate/06profiles/illinois3.htm&lt;/a&gt;&lt;/p>

23

<p>so it turns out that I would probably have to take a 20,000$ loan actually. is that a lot??? cause i eventually have to take on a loan to pay for all of grad school.</p>

24

<p>$20,000 over 4 years of college is not too bad...but that's assuming you are certain you will get into Ross.</p>

25

<p>I guess it's worth asking this question for sandy, just to be sure of the final decision: Is it better to be UIUC business or Michigan LSA?</p>

26

<p>I'd say LAS at Michigan is still better than UIUC business...but not enough better to justify paying an extra $80,000.</p>

27

<p>If you want to go to grad school UIUC will get you anywhere that UM will, you'll have to get a little higher gpa .2-.4 better. But still there isn't a great distinction for grad school applications. And if your going to do an MBA don't waste any money on UM, and the less than half of MBA study undergrad business. Over a 35% are engineering or sciences/technical related. And over a 25% are are liberal arts/social science majors.</p>

28

<p>I made the same decision last year, to go to michigan business instead of uiuc in-state, the only thing that made me hestitant was the uncertainty of getting into ross. Thankfully I got in and I fully have no regrets of my decision! Ross will open you up to far more opportunties than uiuc will, esp. if you want to end up in nyc. Most uiuc business recruiters are from illinois. But that being said, uiuc is still a great school, especially if money is tight.</p>

29

<p>any idea about IUB vs UT McCombs BHP? According to this link <a href="http://www.mccombs.utexas.edu/udean/...s/external.asp%5B/url%5D"&gt;http://www.mccombs.utexas.edu/udean/...s/external.asp&lt;/a>,
it is very hard and competitive to get into there, esp. as a transfer student. But is it true?</p>

30

<p>Yes, the BHP is prestigious and tough to get into. They consider themselves second to only Wharton and don't accept many students.</p>

<p>McCombs BHP is superior to IUB. I would also choose regular McCombs over IUB, UNLESS you're in-state Indiana.</p>

31

<p>Yes, I know that Mccombs is really hard to get into but I doubt on the fact that they only accept about 10 people per year. I also know that they are superior to IUB but is it much better because according to usnews and businessweek mccombs ranking does not have much different with IUB?</p>