I agree everyone has and must find their own path. In the (distant) past CFO was a path to COO and CEO, but with the advent of Lotus/Excel the Internet and increased competition, operations typically pays more and the path from CFO → COO → is not as available as it was decades ago. The degree to which also depends upon the organization. What I am trying to say is that based upon what I’ve seen and experienced by attending a top rated business program (where investment banking and mgmt consulting viable options) and also a local regional one (where anyone outside of accounting went into sales), the availability of some business paths/type of training programs depend upon the strength of the business program. Hence, why I recommend checking the career placement reports choosing which college to place a deposit as I’ve seen some large variations. Main reason is that there just aren’t enough spots in for all the college business graduates in the country for the number of entry-level training programs out there. For some reason, accounting majors feel the lowest brunt of this so the supply/demand equation may be more favorable. Then again, I wouldn’t just major in accounting because of this but rather see if there’s a college which can open doors via an existing starting path for the child’s goals.
I agree. For positions in IB and MBB, the prestigious schools will have more direct opportunities, although possibly still very competitive, towards this path. MBB, in particular, has a business model that necessitates targeting top-tier schools. Whereas Big4 has a business model that is better supported by a wider reach of schools. There’s a lot more I could add, but I’ll leave it at that. I think if we had a live discussion we’d probably agree more than disagree anyway.
For parents whose kids didn’t get into McIntire, what other majors did your children choose (excluding Econ. My D has zero interest in Econ.) I wanted to pull up the outcome reports for the other likely majors. We checked a couple of majors she might like and the outcome data didn’t look that appealing to her.
First year is moving one week before school starts and in that week there are several activities they can join so they can make friends and settle in the environment.
I was reading the McIntire admission site and saw the below. Does this mean that it will be more competitive for the 1st year incoming class of 2024 and 2nd year incoming class of 2023? Because these two classes will be competing at the same time for the same number of slots? Or will there be more slots to accomodate both cohorts applying? My D is considering applying to McIntire as a transfer student with the 1st year incoming class of 2024. We’re about to e-mail the school to ask about the external transfer process for their new 3-year program. This is what the website states (B.S. in Commerce):
"Admissions Process
The McIntire School of Commerce is an upper-division school at the University of Virginia. This means that students typically:
- Apply after their first year (second-year students during the 2024-2025 academic year will apply in January of that second year)
- Enter the School in their second year after completing a first year of liberal arts and business prerequisites (second-year students during the 2024-2025 academic year will enter the School as third-year students in the fall of 2025)"
As I mentioned earlier my daughter was an Econ major but in her mind major was not ever important. The objective was to graduate, get in field that paid well and have opportunities for advancement.
It was never important for me either but in my field (dentist) undergrad has no bearing on future outcomes.
@Cavitee : what’s your thought on double major or major/minor in business/pre-dental ? Is it worth it? Thank you.
I honestly don’t think any business classes would have been of benefit.
There is a basic formula for most solo practitioners to run a profitable office you then tweak them to your needs. If someone had aspirations to run a large practice with multiple offices and dentists working for them then maybe.
I have good friends both physicians (orthopedist and plastic surgeon) who went back and got their MBAs neither of which ever used them.
This is very helpful. Will share with my kiddo. Thank you very much for your response.
Absolutely…I would also have reservations about getting into dentistry in general. I’m entering my 26th year of practicing and the landscape has changed dramatically.
Most of the new graduates I’ve spoken with are having to work for DSOs with increased hours and decreased pay coupled with sizable student loans. My practice is a unicorn in today’s market…solo practitioner with $0 in marketing and almost no DMOs. I run 40% overhead and practice 3 days/week.
Thank you so much for sharing your experience and perspectives. This is very educational. My graduating college senior got admitted to dental schools the coming fall. My rising college freshman is contemplating between business and dentistry. I am not into any healthcare related careers because of the long haul schooling as well as the potentially demanding work hours. I couldn’t convince my older one and am trying to sway my younger one. Your insights definitely shed lights into the changing landscapes. Thanks again.
I can shed some light on this I think.
I have a current second year.
His group (hallmates first year) decided they wanted to be off campus their second year. Personally, I wanted them to stay on grounds, but they had a group of 5 and wanted single rooms- which would have been difficult if not impossible on grounds then. So they did the ground work and found a coveted 5 bedroom apt. This all took place BEFORE parents weekend their first year! So yes it was stressful- but they ended up being a great group and are having a good year.
4 of the 5 went Greek, mine being the only non-Greek. His roommates are all going to live in their respective houses. So mine is moving back on grounds.
Somethings to note-
-A new dorm opened this year, so there are even more options to stay on grounds for second years.
-As of now, if you stay on grounds your second year, you will be able to stay the whole time, provided you opt to stay in your second year housing choice. (I assume this will change down the road when UVA goes to mandatory first two years on ground for all students- which is in the plans, but they aren’t there yet.)
-So if you student stays on grounds, it’s actually pretty easy…they just have to be open to living anywhere on grounds—the housing is spread all over! And it is sort of random as to when they get to pick.
-If a student wants to go back to grounds after moving off, availability may become a concern.
-On grounds housing makes a ton of sense if your student is looking to study abroad as they will release them from their housing contract for a semester.
Hope that helps!
This is all super helpful, thank you!
This part jumped out at me especially. I could see your Y2 housing assignment playing a big role in your decision to stay on or not.
Did anyone else get a letter today from UVA? I haven’t opened it since my daughter wants to but of course curiosity is killing me 
We got one yesterday. It is from President Ryan talking about the benefits of coming to UVA, etc.
It was a really nice letter. Very inspirational.
We opened it, absolutely LOVED the letter!!! This school is top notch for sure!!! 
Maybe they felt compelled to make up for their acceptance letter 
We got the leter. Son was not impressed. Well written letter but in essence just PR.
Was speaking to a current UVA parent today who’s son just got into the Comm School and was informed that McIntire charges an additional $12k per year tuition fee? Yikes. Did not realize that. Brings OOS tuition-only to $66k if you go Comm School. 