<p>I have the stats and application to get into both of the schools. I want to do finance and hopefully land a job at a top investment banking firm. The big difference for me is that McCombs is in-state tution. Meaning McCombs at UT Austin will cost 20k a year, while Wharton will cost me 55k a year (McCombs Total: 80k, Wharton Total: 220k). I will not get any financial aid. I am just looking for any opinions anyone might have on my situation.</p>
<p>I’m glad you’re so humble.</p>
<p>But anyway Wharton is the #1 target school for recruiters. That said, if you want to go to Goldman Sachs, you should go to Wharton. You’ll make back what you had to pay in three years, maybe less.</p>
<p>And just as a side note: no one has the stats and application to make Wharton surely. It’s always impossible to tell.</p>
<p>Obviously if I don’t get into Wharton than I won’t be going there. I was simply trying to take out the admission competition from the opinions. I was talking about a situation in which I had offers from both of the schools, to just hear what people thought about the money situation.</p>
<p>Let me put it this way, Goldman hires about 20-40 people from Wharton each year. Approximately 40% of the class of 600 go into banking. </p>
<p>I have yet to meet anyone from McCombs</p>
<p>What is Whaton’s International Acceptance rate for ED/RD?</p>
<p>For a while I thought business was my calling so I did a lot of research into each of the schools. I visited both and my uncle went to mccombs. Here’s what i think you should consider. Is it about the money for you or about the job? What people are telling you is right, you probably won’t meet many mccombs guys at goldman sachs. You will meet many wharton kids there. New York City firms are looking for ivy league kids, notably the wharton grads. On the other hand, you have mccombs. I’m just going to make a wild guess that you actually make this comparision is because you see mccombs has an extraordinarily high business school rank. Otherwise, would you consider going in-state where so many of your friends will go when you say you have the stats to go to wharton? i’m going to venture to say the answer is no. So what i’m thinking is that you don’t really understand how the business community runs. It’s really not an attack or any hate on you. Why should you, you are 17 or 18 and it really doesn’t trickle down to you and you shouldn’t care. What’s neat is that you are interested. So my answer is to look around you. you live in texas, yes? what kind of businesses are in texas? oil corporations, fortune 500 boomers. There is the difference. Wharton kids more regularly go to nyc, whereas mccombs graduates are getting the big up-and-coming jobs at the fortune 500 companies in the other parts of the country. it all comes down to what you want to do. banking in nyc is cool, and if thats what you want to do, try for wharton. you will really be just as successful and maybe get the same job in nyc if you go to mccombs. the thing is, you will get more southern area recruiters at texas, so you can go into your senior year at texas after a summer internship knowing you have a six figure salary at the oil hub in dallas.</p>
<p>I agree with a lot of what Mustangman, etc. are saying to you. I would tell you to search your heart in terms of where you want to work, what you want out of life. If you are wanting to ultimately return here to TX, go McCombs. If you are wanting to really light it on fire in NY/Boston/International - go Wharton.</p>
<p>Ultimately, the cost difference can be made up rather quickly depending on what career path you are wanting to pursue. Wharton’s classes would be a fraction of the size that McComb’s will be.</p>