<p>Lydia: when you use the rankings to talk about business schools....use the b-school rankings. there you will find that Kelley is consistently a US News top 15 school whereas Buffalo is no where to be found.</p>
<p>If I were in your situation, I would choose UB, Baruch, or NIU. IU has nothing on their accounting programs, bit finance yes. "Baruch isn't that far away." But hell, it's almost impossible getting into IB from Kelley these days. Would you be satisfied with corporate banking? You could maybe even get a job in consulting. I would save my money for the more important MBA, which Kelley would only hinder you, due to deflating your GPA. </p>
<p>SAVE MONEY and GET THAT GPA UP!</p>
<ol>
<li>Big 4 "CPA" If you aren't satisfied; you have an excellent chance of getting into a top MBA. It's up to you...</li>
</ol>
<p>But hell, it's almost impossible getting into IB from Kelley these days. ..... when you said IB did you mean investment banking... and can you explain that statement again?</p>
<p>yes, investment banking...</p>
<p>I think DaNDHSIrishGuy's point is that only about 60 people get into the Investment Banking Program each year, while there are about 1200 people getting into the Kelley school each year (600 direct admits and 600 though freshman application--for sophomore admittance). </p>
<p>However, one must realize that only about 500 of the 1200 people who get into Kelley each year are majoring in Finance--which is usually the only major people going into the IB program come from. So the odds are about 1 out of 8 of those in Finance getting into IB. </p>
<p>But then, if you aren't a direct admit, your odds of getting into Kelley are about 20%--meaning your odds of getting into Kelley and into the IB program if not a direct admit are only about 2% to 3% or so.</p>
<p>Here's the link to the thread that discusses admittance to Kelley percentages:</p>
<p>I've just bumped the thread so others can see it also.</p>
<p>It seems possible to also get a job in investment banking without being in the IB workshop. The IB website states that "We have consistently placed over 60 graduating students with full-time positions and over 40 juniors with internships." But if you look at member profiles, the number of students each year in the workshop in investment banking is in the low thirties and in investment management only ten or so. If the sixty figure is accurate, ten or twenty graduates are getting IB jobs each year despite not being in the workshop.</p>
<p>The</a> Investment Banking Workshop at Indiana University</p>
<p>Calcruzer: Exactly, that's exactly what I pmed lynda. I was attempting to paste my pm for lee, but there's no copy and paste button on this phone.</p>
<p>I wouldn't take the risk, especially if your not a direct admit. 20% is too low, come on, finance major. Then you havr an even higher hill to climb. Why do oos' come from oos? They pay the ridiculous tuition to be a finance major. It's gotten too much publicity lately, and it's not going to stop increasing in difficulty. </p>
<p>There are hidden gem schools; you just have to find them. I think kelley was a hidden gem 5 years ago, but not anymore...</p>
<p>Lynda, are you "in Kelley" or just IU.</p>
<p>Bthomp1: I would say those 10-20 kiddies had connections from mommy and daddy or pulled some successful stunt. The fact of the matter is that the economy today sucks; making banking jobs scarce.</p>
<p>Also, how many of those IBW students got into BB banks? Wall Street is stuck up; it's like their own little fraternity. That's life... It's all about "who you know?" </p>
<p>Bottom line: If you have the drive and are passonate about finance; you will make it somhow, someday. If you are blinded by the $$$, you have no chance, so don't bother.</p>
<p>Sorry if I'm being harsh; I'm just very opinionated and a realist. :) It's better to find out now then 4 years and 34k x 4 later.</p>
<p>No, I haven't been admitted to Kelley. My admission letter only said I've been admitted to IU Univ division or something.</p>
<p>um... im gonna be a sophomore at IU.. i ahve a 3.87 CUM GPA... i was not a direct admit cause i was a high school screw up.. but i made it up with my freshmen year in college... along with the GPA i was somewhat invovled in 3 business-oriented club... i am sure i will get into kelley but i am not sure if i will get into the mitte honors program.. because my essay was a complete joke.. they had us write about why its important to be socially responsible or some bull **** like that... and i just wrote look im the best... and blah blah blah</p>
<p>DaNDHSIrishGuy... i applied to a few better b-school this year but i got flatout rejected to all of them (prob due to my poor hs gpa & sat scores)... but i am having a hard time deciding if i should transfer to a better b-school or stay at IU and hopefully make the IBW... I am not sure but from what i hear the IBW does a great job of teaching/preparing students for wallstreet.. as if i went to a better b-school do those schools also have some kind of workshop like IU's IBW?...</p>
<p>Lydia.. I strongly recommend you to come to IU... out of the three schools you mentioned.. I am from the Tri-state Area and i strongly believe IU overall/business wise is the best school out of those 3.</p>
<p>Thank you so much for all the replies. I cant believe there are so many people really interested helping me out. I really appreciate it!</p>
<p>See, my intended major is business finance. Im interested in it and I want to work in the industry, not necessary in investment banking though. I'm not that interested in IB like everyone in this site. I like to learn economics, psychology, and I'm good at Math. I found career as a quant to be interesting, but I don't want to limit myself to only that particular career.</p>
<p>I believe my knowledge about quant is limited, but as far as I know, you need to get at least Master Degree (in financial engineering) to really able to do work as a "quant". It takes time, and maybe you won't have a competitive salary while getting your way to be a "quant". With accounting degree, you can take CPA test right after you graduate and become CPA (or CMA or CIA or CFE or whatever you want). Moreover, you dont really need a MBA degree to work as a CPA. </p>
<p>As an international student, financial matter does really matters for me & my family. Thats why; I began to think, maybe, just maybe, with an accounting degree, I wont have to spend so much money to get a bachelors degree and I could get a job and a competitive salary right after I graduate. In other words, accounting might be a better investment for me. </p>
<p>But again, I begin questioning myself; do I really want to do Accounting? And if I do go to SUNY Buffalo and take Accounting, will I regret passing the chance that has been given to me to go to IU? IUB is not Harvard or Wharton, and I believe there are a lot of business schools that are better than IUB. But still, IUB is among the top 20. </p>
<p>I completely aware about the small percentage to get into Kelley, but I believe I can do it. Its a challenge for me, but Im willing to try my best. I just have to do it. Ive asked other international transfer students who came from the same country as I am, and she said that every student from my country could get into Kelley easily, even the transfer ones. And I honestly dont really worry about the Kelley admission. What Im worried is that I have to take summer courses which will add up the total costs or I couldnt graduate in 4 years because most of my courses wont transferred and I need to re-do those courses again.</p>
<p>It is not an easy decision and I havent decided anything. Im trying to find private scholarships for international students to at least minimize the total cost. Again, thank you for all your suggestions and comments (and the private messages). Any other comments welcome!</p>
<p>lydia_paramita after reading your recent post... i strongly suggest you to enroll at IUB.. the KSB allows their students to major in multiple areas... it is very doable.</p>
<p>Lynda: go for it... I'm just worried that it's too late... For this reason, the regular admits 'are in' at the beginning of their sophomore year. When will you actually 'apply?'</p>
<p>1ee: stay, you're already settled in at a great school. IB is not everything, most go into IB after their MBA. I think those schools that you applied to don't need an IBW... It kinda gives me the impression that Kelley doesnt really care about all of it's students, if only a few are given the chance, but I don't know.</p>
<p>I haven't take A100, K201, and finite math, which I believe can only be taken at IU (A100 and K201). If all my other courses (Calc I and Eng 101) can be transferred, at least I need another semester to apply to Kelley. IU allow transfer students to apply to Kelley on their first two semesters. So, I hope by next year (Spring 09), I'll be in Kelley.</p>
<p>take A100 and finite one semester... and k-201 the other</p>
<p>i took A100, k204, and m118 the same semester, you can do it</p>
<p>yeah but u didnt get A+'s on all 3 of em like i did kidd.. if u wanna be the best u gotta be smart and take a100 and m118 first semester and k204 2nd semester... unless u want alot of all-nighters</p>
<p>you'd be surprised A and A+ are the same in my book and GPA, but well done lee. and I just had one all nighter taking those three classes...</p>
<p>Nonetheless, the goal of freshman year is to get your GPA as high as possible, so take whatever combination of courses you think fit you best, because either way you're going to have to take them eventually.</p>