UVA Vs IU Kelley --> Best undergrad for marketing and finance/econ?

I was accepted to Indiana University and UVA. At UVA, I would have to switch from the College of Arts and Sciences to Mcintire. I want to study Econ or finance. I want to know if it is worth it to pay for UVA in the long run?

2 Comments
 

Based on the highest ranked content on WSO, here's a breakdown that might help you decide between IU Kelley and UVA for your undergrad in marketing and finance/econ:

  1. IU Kelley School of Business:

    • Direct Admit: If you're a direct admit to Kelley, you'll have immediate access to their resources and network, which is a significant advantage.
    • Marketing Strength: Kelley is known for a strong marketing program with good recruitment for marketing roles.
    • Finance/Econ: Kelley also has a robust finance program, and the economic consulting major has reported high average salaries ($73,000 in 2019).
    • Cost: While still an out-of-state tuition, it may be less than UVA's.
  2. UVA (McIntire School of Commerce):

    • Transfer to McIntire: You'll need to apply to transfer from the College of Arts and Sciences to McIntire, which is competitive.
    • Reputation: McIntire has a strong reputation in finance and business education.
    • Finance/Econ: If you're interested in finance or econ, UVA has a solid program, but the average salary reported for econ majors was lower than Kelley's for economic consulting ($61,000 in 2019).
    • Cost: UVA is more expensive, especially for out-of-state students.

In terms of whether it's worth paying more for UVA in the long run, consider the following: - ROI: Think about the return on investment. Higher initial costs at UVA may be offset by higher earning potential or better recruitment opportunities in the long run. - Alumni Network: UVA has a strong alumni network, which can be beneficial for career opportunities. - Fit and Feel: Don't underestimate the importance of the campus culture and how well you fit in. UVA has a strong fraternity scene and a diverse student body.

Ultimately, the decision should be based on where you feel you'll get the best education for your specific interests, where you'll have the best opportunities for internships and recruitment, and what makes the most financial sense for you and your family. If you're leaning towards marketing with a possibility of combining it with econ or finance, and cost is a significant factor, IU Kelley might be the more prudent choice, especially if you're a direct admit. However, if the prestige and network of UVA's McIntire School are more appealing and you believe the higher cost is justifiable for your career goals, then UVA could be the right choice.

Sources: Last-minute Decision: Vanderbilt vs. IU-Kelley (undergrad), IU Kelley Econ > UVA Econ, IU Kelley Economic Consulting or UVA Econ, Undergrad: WashU vs IU Kelley vs UVA vs UNC Chapel Hill, Northwestern ECON vs IU Kelley vs Vanderbilt ECON

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