Is Cornell worth the extra 40k debt?

Hi I'm currently finishing my freshman year in CMU's Tepper school of business and last week I received my acceptance to Cornell University's Dyson school of business (undergrad). Cornell's financial aid came out last week and I was a bit shocked at how much I had to pay: 21k a year (out of 51k, so got 30k in FA). I only paid 7k a year in Tepper at CMU, and i believe my cmu aid letter will be relatively similar.

So Cornell will cost me 14k extra a year, meaning If i transfer to cornell this Fall 2017 I would be paying a total of ~40k extra for my undergrad business education if I attend Cornell. I live in NYC so bringing back a cornell AEM degree would certainly help me.

My career goals and aspirations? I've been thinking of: IB, S&T, operations management, or maybe financial consulting. I plan to double major in Biometry (applied math/stats) if i transfer to cornell, and at CMU double major in statistics.

I need advice deciding whether Cornell' AEM degree is worth 40k more total than CMU Tepper in the long run.

Thank you very much for reading

3 Comments
 

However, I'm not completely sure what i want dive into: finance, consulting, or operations. But I do plan to do something math or stat related, and I am looking to go to wall street for decent salary because of where I live and my interests.

 

Cornell may be better for "confused" ones. You can switch to Philosophy if it's as crazy as that may be, and that $ pays off long. CMU is a north star for quants no doubt

[quote="M7 MBA, iBanking. Top MSF grad. AntiTNA. Truth is hard to hear! But... "] [/quote] [quote="DickFuld: Yeah....most of these people give terrible advice."] [/quote]
 

Odio et maxime repellat odio. Voluptas totam nisi non impedit. Ut et et expedita officia atque. Et suscipit repellendus architecto ut.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”