Thanks for all the great responses. Now there are a few replies that concern me a little. If I could rather be doing my bachelors in "underwater basket weaving' (for example), then what good do I have in majoring in Finance/Accounting and minoring in MIS before grad school (In other words, what advantage do I have over others who won't have a degree in business related field at the time of grad school application process and during grad school. Go ahead and list as many as you can think of, so I can really weigh in those next three years of hard work I am about to start this fall). Now to the other point: 3-5 years of experience before Top Business Grad Schools (really) .. no that I didn't knew it before but 3 years minimum just sounds enough to get me off track and lower chances of going back to grad school for MBA (any tips / A way I can get into MBA school earlier than that). I have also heard that getting an MBA and mastering in Finance are two different things and I can go into mastering in finance right away after my bachelors (is that true?). Now my second plan was to get a business related full time internship for the summer of my 3rd & 4th year..so I can go ahead and try to get into Grad school without that 3-5 yrs of work experience or at least lessen the number of years post work experience before Grad school.
& I am heavily leaning over attending U.T as I hear more responses from relatives and other classmates about better opportunities (+ "I" being an Asian also piecing into the whole decision-making story ...now please don't bring up the race issue on this thread & everyone knows the race ratios at both universities). lol I really shouldn't be putting this up on A&m discussion forum but juts be nice
Also, just for the ones who replied and were wondering, this is just an update to how far I've gotten.