I made a similar decision just a couple days ago, except I was rejected from Ross, but accepted to NYU Stern off the waitlist. I’m from NJ. I had previously already committed to UMich LSA for Econ+CS. My end goal is Finance (Investment Banking) or Consulting. I decided to stick with UMich for a few reasons.
- Stern has a very competitive and cut throat culture, especially among those who want to go into IB, due to grade deflation
- Stern was a little more expensive (will be a LOT more for you)
- Stern doesn’t have a campus, sports, or a good sense of community
- UMich is a very well-known school with a great alumni network
- If I decide against IB later, I’ll have better prospects from Michigan, especially for Consulting or Tech
- UMich is a fun school as well, with amazing sports and school spirit
Also keep in mind that landing IB roles from Stern isn’t as easy as it seems, especially since half the school is going for it. Only around 100-130 or so kids from Stern actually end up in IB.
I think Ross is the way to go for you, since you have in-state tuition. Plus, it’s one of the top undergrad business programs with amazing placement. All the same opportunities will be available from Ross as Stern. With good networking, you’ll be just as well off. Plus, you’d have a lot more fun at UMich. You’re lucky to be in-state and have the pre-admit into Ross; It was my dream school and I didn’t get in. Definitely make use of it.
Just to confirm, I spoke with 5+ kids at each school to get a good feel for them and the benefits and drawbacks, so I’m positive I had good information.