<p>Hi... i was wondering about other people's opinion.. on why they chose the kelley school of businesss at indiana... and any good reasons to why i should go to the kelley school of business let me know..</p>
<p>i am strongly interested in Investment banking and im not sure if i should stay at IU and apply (hopefully get into)for the investment banking workshop where i would get more 1 on 1 attention.. or if i should try to get into a TARGET school.. its 50/50 right now.</p>
<p>THanks!</p>
<p>Well, since no current student has posted here after 5 days, I'll give my opinion.</p>
<p>My own son's school record was such that, while his weighted GPA was over the 3.5 mark, his regular GPA was not. Also, in California, there are very few "real" business programs at the University of California campuses. The only true business degrees are either at UC Berkeley, where one has to be about a 3.9 to get in, at UC Riverside (which doesn't rank all that high), or at UC Merced (which was just starting out). (Note: They are now starting a full undergraduate business program at UC Irvine this year).</p>
<p>Therefore, in looking for great business schools, the best option appeared to go out of state. Of the schools he researched, Indiana appeared to rank the highest overall in many categories on USNW and in Business Week. But the clincher came when he visited the school. Indiana was, along with Bentley in Massachusetts, the prettiest of the schools, and had the best facilities and professors, and seemed to be in a great college town. Some of the alternatives he looked at (Purdue, Oregon and Pittsburg) were not in as great towns, or else had locations and facilities that seemed a bit "disjointed". For example, the dorm in Pittsburg is located near the hospital where the helicopter flies in at 2-6 AM all night--and Purdue was a nice university, but there's not much to do in Lafayette--and it's not nearly as nice a town.</p>
<p>He has done well at IU and in the Kelley school (about a 3.4 GPA overall--which was about 3.6 after year one), but there are a few minor things he doesn't like, which I've posted on in various threads already (and therefore won't repeat here). The school is demanding--no doubt--especially their accounting courses; but then I guess that's what makes its students competitive with more highly known schools in the NE (what you refer to as "target" schools).</p>
<p>My son is currently applying as a transfer to USC and Emory--mostly because the weather in Indiana doesn't suit him--and because he really likes those two schools when he visited--and their metropolitan location. However, he will be happy to go back to Indiana Univ next semester if he either doesn't get in to those schools, or if the financial packages or transfer situations don't pan out. (For example, Emory may require 3 more years of school versus two more at Indiana).</p>
<p>Anyway, that's one opinion. Hopefully, some others will give their views on here.</p>
<p>P.S. One other thing worth mentioning, is that because the Kelley school ranks highly in many different disciplines (management, entrepreneurship, finance, business law, marketing, CIS, real estate finance, etc.) if you do decide to change majors, you can still end up in a very highly ranked one no matter which one you choose. That has been important for my son, since he is likely to switch majors this coming year whether he stays at IU or transfers.</p>
<p>i also just finished my first year at IU... i applied to NYU, Boston College, and CMU.. i got rejected to all 3.. I plan on also appyling to USC, Cal Berkeley, BC (again), NYU stern (again), and CMU.. it sounds sorta ridc that he wants to transfer because he doesnt like the weather.</p>
<p>i need to take prof habereles Intro to Investment Banking Class ASAP..(but im fakin waitlisted) to see if i enjoy it and maybe pursue a career in Investment Banking.... then i will continue my education at IU and hopefully get into the IB workshop if that is not the case i plan on transferring to a better overall school.. It does not have to be a better undergraduate b-school.. just a better/prestigious school..</p>
<p>I'm from California too and here's my take.</p>
<ol>
<li>Different environment. Want to find a flash place to restart my reputation and my life.</li>
<li>Kelley is a great business school rankings wise, and has a great value in its price tag compared to OOS michigan (where I also got in.)</li>
<li>campus is GORGEOUS. End of story.</li>
<li>Tech stuff is pretty advanced here too. We're what, #3 on PC Magazine, and MIT is #2 on tech-ish colleges? Pretty good if you ask me.</li>
<li>I know lots of people at Indiana hahah.</li>
</ol>
<p>calcruzer said the weather is really bad in indiana why? and in what way coz ive never been there. also is indiana bloomington a metropolitan city or just a suburban campus</p>
<p>parth,</p>
<p>Here's a link from the city of Bloomington's website that gives you lots of info, including monthly weather stats. Bloomington is a city of 69,000. Definitely not a suburb of anywhere. It's located 50 miles from Indy. In my mind, it doesn't fit my idea of a metropolitan area either. (But I'm from the Chicago area.)</p>
<p>About</a> Bloomington</p>
<p>You should visit and see for yourself!</p>
<p>The weather is definitely a reason to transfer. I am sick of the Midwest's gray skies and cold, long winters. </p>
<p>I just wish California was even remotely affordable.</p>
<p>Well, actually what I said is that my son didn't like the weather in Indiana after living along the California and Maryland coasts most of his life. But then all of the midwest and northeastern section of the country gets cold with gray skies during the winter months--and yet people still go to lots of colleges in these areas of the country year after year. </p>
<p>My point is that Indiana University at Bloomington is worth going to in order to get a great education, but it all depends upon your other options. My son is considering USC and Emory, because they are also highly ranked business schools with great management consulting programs, but unlike IU-B, they are located in warm weather areas.</p>
<p>Personally, I think my son will be back at Indiana next year, and he thinks so, too (he hasn't yet heard from USC or Emory, though). He's not at all upset about going back--he just applied to USC and Emory to see if he had other great options. </p>
<p>However, he recognizes that the Kelley school is giving him a great education. He tells me that after being on the job for awhile at his internship, he can tell that his training and skills are much better than the other interns--and even most of the recent graduates as a result of his IU and Kelley education to date. For example, the tough Excel class and accounting classes at IU (and one he took at Virginia) has made it easy for him to step right in and do duties that other interns need to be taught (variance analysis, profit planning, cash flow statements, using advanced pivot tables, macros, preparing Oracle ADI and Noetix summaries, etc.) right from day one. As a result, they are already giving him advanced stuff to do (like preparing the Financial Review Summary for the CFO for the month of May which covers a whole bunch of areas--and which means everyone has to be reporting their results in to him so he can summarize them all for the CFO).</p>
<p>Calcruzer,</p>
<p>It's great to hear that IU & Kelley have prepared your son so well for the real world. Knowing that helps make the OOS tuition a lot more palatable! Thanks for the update on his internship experience.</p>
<p>i was a royal screw up in highschool and barely got into IU. I wasn't a direct admit but going to IU was the best decision I've ever made. I just completed freshman year and i took K201 and X201. K201 covers basic excel and access. X201 moves on to further more complex topics in excel. Kelley unlike other b-schools teaches from a practical sense. You get to see the use rather than reading textbook jargon. I have friends at rival schools who are very weak in Excel. Regardless of what business major you are Excel is heavily used. </p>
<p>Sure there's NYU, Michigan and Virginia. Business world is all about the prestige of the school. Where you go opens more doors and IU opens doors. We've got investment banks, management consulting firms, hedge funds, and big 4 coming to IU. Recruiters and employers are amazed by our grads. I'm partial to IU b/c i go here but its certainly true. I'm interning this summer and my fellow interns from rival schools aren't very business savvy. IU has prepared me well with its real life curriculum and thats what you'll get at Kelley.</p>
<p>I've just got admitted to transfer to IU-Bloomington, and I'm having tough time deciding between Kelley vs. University at Buffalo's School of Management. I'm planning to major in accounting & finance. IU is #75 in US News Rank, while UB is #118. IU has definitely higher rank, but I don't think that makes a lot of differences.</p>
<p>The OOS tuition in Kelley is about $23,000 while the OOS tuition in UB is only about $11,000. And that’s my biggest concern. </p>
<p>City wise, Buffalo is bigger than Bloomington. They both relatively have the same weather (cold, lots of snow). They have tons of international students, which make both of them have big and diverse student bodies. Both univs are crazy about their sport teams. There are a lot of parties and drinking involved in both campus.</p>
<p>About job opportunities, out of 887 IU’s student, 21 students got into PWC, 20 students got into Ernst & Young, and 19 students got into KPMG. The average first year salary for accounting grads: $52,304. In UB, out of 669 UB’s student, 14 students got into Deloitte, 13 students got into PWC, and 11 students got into Citibank. The average first year salary for accounting grads: $44,997 and $53,455 for Internal Auditing. (Note that I only listed the top 3 recruiters.)</p>
<p>From those stats, I believe they have more or less about the same quality, academically, maybe socially. Then what makes Kelley has better rank? What makes Kelley the top business school in US? Is it worth it the money? I heard that one of IU’s biggest problems is that they have way too many TAs. Even 300-400 level courses taught by TAs. Is that true? </p>
<p>For all of you, IU's students out there, please convince me to go to IU! Any suggestions welcome! Thanks a lot.</p>
<p>Weather in Bloomington and Buffalo is very different. Buffalo is one of the snowiest big cities in the country with over ninety inches a year; Bloomington gets twelve inches a year. Bloomington's weather is much better in winter.</p>
<p>IU's accounting program is consistently in the top ten according to the American Accounting Association. Buffalo did not even get honorable mention.
<a href="http://www.cba.ufl.edu/fsoa/docs/PAR2007.pdf%5B/url%5D">www.cba.ufl.edu/fsoa/docs/PAR2007.pdf</a></p>
<p>I think all the 300- and 400-level Kelley classes are taught by professors, and a huge percentage of freshmen and sophomore classes too.</p>
<p>My son has taken 19 courses at IU, and only 1 was taught by a TA--and that was an economics course (not part of the Kelley business school). It is true that the TAs will grade a lot of the papers and tests, but I think them teaching courses--especially at the Kelley school--is very, very rare.</p>
<p>And I agree with bthomp1 (and if you check IllinoisMom2006's data above, you'll see it's true) that Buffalo weather and Bloomington weather are light years apart. Yes, it gets really cold in Bloomington--but you don't end up spending half your days digging out your car (or even a path to your apartment) like you will in Buffalo. Buffalo suffers from what is referred to as "lake effect"--which means that when the cold wind sends the storm clouds over the lake, it then starts to pour down the snow on the other side. P.S. This is why it also snows so much in Salt Lake City and Cleveland, and South Bend, Indiana, but relatively little in cold, cold Chicago.</p>
<p>If you want to be an accountant please don't waste your time with rankings... Go to your local state school, as long a it is accedited by the AACSB, which surely it will; THE PLACEMENT and THE CURRICULUM will be almost exactly the same. Save yourself the money, graduate, obtain CPA or not, work for 4-5 yrs as an accountant, and your gold for a top 15-25 MBA! Although, if you really want to work in Indianapolis or Chicago, Kelley will get you there. If you go to UB for "accouning," you better suck it up with the snow for the rest of your accounting career, unless placed in NY, which is unlikely. I'm guessing you would probably be placed in upstate NY somewhere. </p>
<p>Lyndia: go to UConn, save yourself... Uconn=IU for accounting... However, UConn will get you no where for finance.</p>
<p>Thanks to all the CPAs on here for helping me realize this: taxguy, calcruzer, etc.</p>
<p>Yes, I do agree with DaNDHSIrishGuy's comment that if you are going for strictly an accounting degree, the school prestige matters very little--and I think the accounting courses at IU are unduly difficult, so I'm not sure I'd recommend IU for this major. However, finance, entrepreneurship, management, legal studies, and real estate finance are another story. IU and the Kelley school are extremely strong in all of these--and I'd recommend the school if those are majors you are considering.</p>
<p>thanks for all replies. Unfortunately, I'm an international student, so I'm not eligible for in-state tuition at UConn. And the total cost for OOS at UConn is about $33,000 which is about $10K more expensive than UB.</p>
<p>Sorry, I saw your profile, which says CT; my bad. Check out Baruch college, which is 8.6k, and it has a 95% Big 4 placement rate in and around NYC.</p>
<p>Actually, I've been accepted to CUNY Baruch too. Baruch has great accounting program and nothing beats living in NYC. Plus, the numerous internship opportunities in NYC. But after some careful thoughts, I realized that 'real college life' (with dorms and everything) is important for me as an international student. So, then I applied to UB and IUB. Do you think that sounds stupid?</p>
<p>Lydia: pmed u</p>