Ross BBA worth $70k?
Hey everyone, thanks for your time.
Would you all say that going to Michigan Ross as a preferred admit is worth taking $70k in loans, versus going to a state flagship honors program (University of South Carolina Honors) and graduating debt free (got scholarships)? I was recently accepted to both, and am having a hard time deciding.
My goal is to work in investment banking (I will bust my ass to get this), and eventually in private equity. I was thinking that maybe I should just go to USC Honors for free, save money, and then get hopefully into a top MBA program and go from there?
What do you guys think?
Thanks!
70k loans in total for ross? That's a tough one, i'm a firm believer in keeping debt low where you can. If you are confident that you can be top of class in Ross then its a short term tradeoff (go to Ross)
Thanks for the response!
If you want to get into PE, you need to become an analyst out of undergrad, which will be infinitely easier from Michigan than South Carolina. Getting into banking post MBA is very hard to transition to PE.
Not to mention, you'll be at a disadvantage in applying to business school programs from USC--it's not insurmountable, but you'll need a good post undegrad job and GMAT to make up for not going to as good an undergrad school. Honors college helps, but I'm not sure Honors colleges at mediocre schools get the credit they deserve.
Thank you for the thoughtful response!
Going USC Honors will almost definitely require you get to get an MBA after to break into PE/IB which will be much more expensive; plus it's harder to break into IB out of USC honors. Ross can break u into IB AND you might not need an MBA after that (saves you money in the future). I'd take Ross if I were you...
I'm assuming ur ultimate die-hard goal is to get into PE. Coming from a fellow student, if finances are really stressful and you are not that diehard for PE, you should definitely consider saving the money by going state school.
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