I’m deciding between IU Kelley and UC Berkeley Economics, here is some general background about the situation.
- I’m planning on pursuing a career in finance or management consulting(currently leaning towards finance and IB, but I definitely want to explore both fields more in college before deciding)
- Ideally, I’d want to complete an MBA a few years after graduating, especially if I go into finance and want to switch into other business industries(essentially starting over in another sector after MBA)
-If I go to berkeley, I can apply to Haas Business School sophomore year, and the acceptance rate for Berkeley students is roughly 33%. If I knew I would get into Haas, I would definitely go with berkeley, but I am proceeding under the assumption that I don’t. That’s why I’d like to compare Berkeley economics vs IU Kelley for finance and management consulting careers, as well as learn general strengths and weaknesses of both.
School specific info:
- OOS, tuition is higher than IU Kelley but not enough to justify IU on the grounds of cost
- Seems to place well into finance on the west coast
- I have talked to a current student, who would help me get into one of the more selective finance clubs on campus(which would help a lot come recruiting season)
- Many people have said it is good for cs, but I am not at all interested in a tech-focused education or career(with the exception of tech-focused IB banks/teams out west)
- Also OOS, cost is lower but again, not enough to justify one school over the other
- I was admitted to both Hutton Honors and the ACE program(latter is a guaranteed admissions program to Kelley honors in sophomore year, admits roughly < top 5% of Kelley direct admits
- Seems to be very strong academically, but the large acceptance rate waters down its reputation(not my personal opinion, just something I read online)
- Seen multiple people say that Kelley grads talk about the school like it’s the Harvard of Undergrad business, but the school is not actually as highly seen as they claim
There were two perspectives I found on the internet, that I’d appreciate if someone could comment on. Firstly, that IU can place well enough into finance, but other industries are much harder to get into. So if I choose IU, I should be decided on finance, whereas at berkeley I can explore both finance and startups/vc/other opportunities that come my way.
Second, that business majors are often the most undesired degree by MBA admissions, and given the already large volumes of Kelley Business Administration degrees, going there will significantly decrease my prospects for admission to a top MBA.
(Both of these points are also not my personal views, I just came across them online)
At this point, I am beyond confused, and I would really appreciate any insights or experiences anyone could share that would help me decide. Thank you in advance!!