IU Kelley Economic Consulting or UVA Econ
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How come you’re doing Econ consulting major if you solely want High finance? ———————————————————————— I found this on the website and confirmed that it’s true through each schools employment reports.
IU Economic consulting (average salary 2019) - $73,000
UVA Econ (average salary 2019) - $61,000
Around 80% of students reported their salary at both schools. IU Economic consulting (% of students doing consulting in major) - 67%
UVA Econ (% of students doing consulting in major) - 25%.
-I grew up in Chicago and have tons of Kelley friends, so this might be biased. Finance is wayyyy too competitive there and half the students pick that major, that’s why it’s so hard to get into ib from that school. However, Economic consulting gets recruitment from multiple mm pe shops and Chicago trading. On the website it shows, 8% of Econ consulting majors go into ib (probably 5-6% are FO). So I’m guessing Chicago boutiques recruit from this major. UVA Econ is also great. UVA is a great school and it might be easier to get into ib even without mcintire. However, looking at both the employment reports and personal experience, Kelley seems like the best option. Good luck!
Dude, UVA econ is for the kids who DON'T get into McIntyre. And I don't think I've ever seen anybody with above a 1200 SAT score use salary data to compare schools.
OP, UVA is a much better target than IU. IU is a safety school. Go there if you don't get in anywhere else.
haha I go to Uva and just cringe at this level of post. I’m engineering so I don’t really have a dog in the fight for or against Mcintite. But a good portion of smart and talented kids in Econ here just didn’t have interest in Mcintre one way or another and there’s really no difference in recruiting.
To be fair, that level of average pay difference with a large sample size should be a big factor.
UVA Mcintire is a target, not UVA Econ. IU Kelley Econ is better than UVA Econ.
And of course statistics matter. Don’t they teach you anything at your school?
Any reasonable person would check the employment statistics before fully committing to a school
Dude, don’t give bad advice. Employment reports are essential when picking a college.
Kelley for Econ consulting unless you get into McIntyre at UVA.
just took a little walk through your comment/post history, and what do you know, it’s just IU Kelley boot licking over and over.
you don’t even know how to spell McIntire, but I bet you know enough about UVA to make an informed decision here for OP
I don’t understand this. If you are interested in high finance, why would you apply as a Econ major at either school?
Also, don’t students apply for UVA Mcintire in their junior year?
Anyways if these are your choices, Kelley Econ. I know their Econ consulting program is rlly good for consulting and HF.
Also, Economic consulting at Kelley is barely Econ. It's basically just the consulting major. The economics school is separate of Kelley, like UVA econ is separate of Comm. This post is so dumb, it's basically asking Kelley consulting or UVA econ. I don't know why OP is trying to make decisions based on two different majors at two different schools. And he wants to do finance but isn't thinking about majoring in finance...
Kelley student here. I’d say UVA if you get into Mcintire. Mcintire is a very established program for high finance, while Kelley is still Improving (although they are going pretty fast). Kelley Econ consulting is very cool though but it’s mostly for consulting not high finance. However, I’ve heard of a few kids going to Chicago HF from this major.
Something to consider: Kelley now has 4 workshops instead of just the IBW for high finance (IBW, CMBW, Finance diversity program, IMW). Their goal is to get over 150 kids into banking per year (sounds crazy, I know, but they’re actually pretty close).
You should probably pick finance at Kelley or Mcintire for UVA depending on where you choose to go.
Uva recruiting is school wise and happens literally before you even get into Mcintire.
INDIANA UNIVERSITY IS SO BAD IGNORE THE 100S OF IU KIDS WHO STALK THIS forum please.. IU gets 0 respect from people lol
The firm you work at does OCR at Iu
I work at MBB and IU Kelley gets lots of respect in Chicago. That is literally one of top schools we hire from.
For my firm I’d say we have the most Northwestern kids then Ross kids then IU Kelley kids.
IU Kelley > UChicago for MBB recruiting is news to me
I work in Chicago and IU Kelley is considered one of the best undergrad business schools here. It’s not super “prestigious”, but their kids have the same (or higher) success rates than kids at Notre Dame. Not saying IU is a better school, but Kelley gets as much respect here as a top undergrad b school like Notre Dame Mendoza.
Don’t be an idiot. Kelley has respect everywhere except for the horny 17 year olds on wso.
You must live in Canada if you think Kelley doesn’t have respect LOL. In NYC, Kelley gets a good amount of respect
Your comment history is garbage. Why are you so obsessed with Kelley, that’s literally all you type.
kelley is great but 100% UVA assuming cost is similar. the UVA brand name carries well everywhere. great IB placement both in and outside the business school.
Kelley.
Kelley seems to be better for economic consulting
I work at MBB and IU Kelley is a “target school” for our firm. Kelley is great, I’ve heard UVA gets attention from NYC as well.
As a current Uva student(offer going into FO BB) Uva alumni will vouch for you and the brand name carries a lot of value. I never felt like I was at a disadvantage compared to kids from ivys. if you take care of business at Uva and leverage connections you can get any job you want. i’m not sure you can at the same about IU.
When I was there for OCR, all 4 firms of MBB-Deloitte were actively recruiting there. LEK and Oliver Wyman were there too.
Kelley or UVA?
Kelley and it’s not even close.
College admissions is wild these days, and financial aid can be unpredictable (unexpected merit aid, need-based aid that doesn't match NPC, etc). Ask for college comparisons after you actually get your results. Folks above are giving you advice without you even having your financial aid letters. Loads of people love Howard Marks here, so why not take a page out of his book and ask, "How much?" The "better" option can be the shitty option if it costs significantly more than the other.
Why the fuck are there so many Kelley shills on this post? UVA for any major and it's not even close.
UVA Mcintire is different from UVA Econ. IU Kelley economic consulting has MUCH better outcomes than UVA Econ. In fact, it does much better than most semi-target Econ programs. I went to Cornell and work in NYC, Kelley has respect.
Literally banks recruit before a single person has gotten into Mcintire. Recruiting is school wife. Engineering kids apply as well.
Do you really believe Economic consulting at Kelley is worse than UVA Econ? And I’m not even a student at IU
Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley Kelley
Hey dude/dudette,
1) seriously you're best off busting your ass to try to get into a top target, every little thing helps (although yeah you can totally get anywhere from IU/UVA if you do it right, either at the end of the day will give you options)
2) don't freak out about what your expected schools are right now — I, for example, did not get into USC or UVA, but got into 3 Ivies + other top target and now go to HYP as a random white male w/ no connections from a random small town in a normal state. Admissions is a fucking roulette these days, just try your best to work on essays/APPLY EARLY TO SCHOOLS/test scores.
Indiana Kelley is a great public b school imo. Kelley isn’t that far off from Berkeley and Michigan. Kelley is better than UT Mccombs and UNC KF imo.
You really drinking that koolaid if you think Kelley is even in the same league as UNC KF
To be fair, UnC isn’t that far off from IU Kelley. Sure, it places a good deal better in finance, but for every other major IU does better.
good thing no one listens to your opinion.
let’s get this straight: Kelley developed specialized workshops to try and force their way into the banking scene because it’s not a good enough school to place any significant amount of kids without it.
unless you plan on working at some 3rd tier investment bank your whole career, all those schools you mentioned are better and carry a much stronger brand
Still though, that’s pretty smart. You can’t knock Kelley for doing that or students who take advantage of the workshops. Good for them.
And every top bank recruits from these workshops according to their website. Id still say go to UVA, but let’s not act like IU Kelley is not close.
Wow how embarrassing of Kelley to make a program dedicated to helping place kids into IB. Can’t believe a college would have the audacity to do it. Forget the dozens of kids who make it into the shops, that accomplishment means nothing because they wouldn’t have gotten it coming from their shitty school if it weren’t for the workshops.
There’s been like 4 uva Econ vs Kelley threads lol why are IU kids so obsessed with this specific comparison.
I've also seen a bunch of posts filled with IU kids shitting on UChicago and NU. They can jerk themselves off to raw placement numbers all they want but with a business class size of 2000 they need to place 10 times as many students into IB as Uchicago or NU for them to even make a relevant comparison.
This is the problem with IU. I am intern at a PE shop in Chicago and I’ve seen a good amount of Kelley kids when interning. It’s a great school, no doubt, but there’s just so much competition.
If they became more selective, we can actually call it a public target like Umich Ross, but it doesn’t look like they’ll do that.
Go to Kelley
Can confirm a healthy amount of PE shops will recruit at IU Kelley.
Kelley is the better option. U can grind from either school and get into high finance though.
U should still grind for Ivy League though. Admissions is so much luck nowadays.
Kelley kids are hella whack. By the time you start recruiting for IB at UVA, you don't even get into McIntire yet. Go to UVA and major in whatever the fuck you want. Don't listen to any of these Kelley circlejerkers, it's fucking disgusting. You guys are comparing a T30 school vs. a T80 school. Most kids who go to Kelley couldn't have even gotten into UVA...
Most Kelley kids probably couldn't even get into their own state flagship. 3.6 weighted GPA and 30 ACT/1370 SAT is the cut off for direct admission to IU Kelley but it's the baseline to even be considered for admission at most targets or semi-targets if you're a non-urm non-legacy.
I know the whole "target" topic gets way out of hand when people start splitting hairs and talking about semi-targets and all that.
But this kind of decision, IU vs. UVA, is why the target label exists. The label isnt' there to tell us that HYP is target, everyone already knows that. Its there to help someone decide between two otherwise comparable schools where one is above the line and one isn't.
UVA is a target. And no, that's not just McIntire. Its Econ too. A lower target? Sure, but a target.
Kelley isn't. Is it the next best thing? Maybe. It sends a good number of people to Wall Street, for a non target. It might even be the best of the rest.
You should go where you'd be most comfortable. But that's personal. If you're asking strangers, the answer is UVA.
Kelley is a semi-target. UVA Mcintire is a target.
Not going to get into the hair splitting because that’s where it starts to get pointless.
There are any number of case-specific reasons why a kid might choose Kelley over UVA. Money, proximity to family, likes the campus, whatever.
But all else equal, UVA is better. At the very least, it gives OP a chance to go to McIntire. And I seriously doubt that a UVA kid who just misses the cut for McIntire is going to be disadvantaged relative to a Kelley kid.
If IU is a semi-target then we need to start calling ASU a semi-target as well lol. Northwestern and Notre Dame are semi-targets. IU is not a semi-target. IU isn't even a T60 school.
Don’t listen to the IU hate-circle on this website. They are just mad and broke.
Sorry you didn't break 4-digits on your SAT score buddy
If you think getting a 3.6 weighted GPA and 1370 SAT to make the cut off for DA to IU is impressive then you really don't know what it takes to get into actual targets/semi-targets or even what it takes to get into IB for that matter. Maybe we can start calling you guys a semi-target if you can break T50 and get a business class that isn't 4 times the size of literally every other undergrad b school. An elite business school does not have 2000 kids per class.
Currently at UVA McIntire, and my best friend/cousin currently attends IU Kelley.
Obviously take my opinion with a grain of salt, but from what I've gathered from conversations with my cousin I can tell you that both schools place well into high finance/consulting. I would say UVA might have a slight advantage when it comes to NYC recruiting due to east coast and IUK's proximity to Chicago.
In terms of roles, I would say McIntire places very well into IB, with a healthy amount of kids going into top tier programs across the board. I know IU also places very well, but from what I understand most of the "top" positions are limited to those who do the IB workshop, with the less sought-after locations/firms being more sought-out by those who don't make it into the program.
To shed some light about my experience at UVA/McIntire:
Although kid's who attend McIntire don't actually apply until their 2nd year of college, I would say that it's a mistake to say they're at a disadvantage compared to kids who do a 4 year business program. Many of the kids who are looking to recruit for (and end up getting) things like IB/Consulting have some idea of what that entails well before applications come out, and because of this do their own research/studying/learning in addition to classes; not to mention the plethora of training programs/organizations to help students get there. As someone interning at a BB this summer and judging from my interactions/groupwork with other interns from Wharton/Haas/Chicago etc, McIntire does a good job catching up students in their junior years for finance roles.
About UVA Econ: While its true that a good few McIntire non-admits decide to major in Econ/Stats, it does NOT mean the program is poorly run. The program has tons of resources for its students, with kids going into roles in every field. From my perspective, I would say that recruiting for consulting seems a bit easier on the McIntire side of things, seeing as many of the on campus recruiting events are held at the school but that isn't to say that the Econ department doesn't get any programs to itself either. It's a great program and many people find it ends up being a better fit culturally than the classic b-school environment.
FWIW in my EB SA class there are multiple Kelley kids and no UVA kids. I have no dog in this fight as I don't attend nor really care about either of these schools.
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