Northwestern/Carnegie Mellon/Tulane/Rice
Hi, first post here. I'm a senior in high school and I'm trying to decide between four schools: Northwestern, Carnegie Mellon, Tulane, and Rice.
My info:
GPA: 4.0 UW
ACT: 32
EC: chess, tennis, DECA
Job: Paid intern at tech company
If I could choose a career tomorrow, it would be trading. I'm addicted to the market, I follow it all day and stay up late at night just researching and learning. I also manage my own, small Etrade account mainly for fun, but also for a little profit. I'd like to end up in S&T with the highest up bank I can in a city like NYC/Chicago/Houston.
I've applied to all four schools and so far I've been accepted to Tulane with a 100k scholarship. I've researched these schools on WSO (semi-targets, program quality, etc.) and the conclusion I've drawn is that for my interest they would be ordered:
1. Northwestern
2. Carnegie Mellon
3. Rice
4. Tulane
I would greatly appreciate any advice anyone might offer, and I apologize in advance for any etiquette or rules I might have broken with my first post. (:
Go to NU bro. Also are you at a public/private/boarding high school?
You don't have any choices until you actually get into the school. Until then, have fun, get laid, and enjoy your senior year of hs. NU
I'm at a public school in the NW. Carlfox, I'm just trying to prepare for potential rejections by getting my prioritized list straight. I was expecting a preference towards NU. Any thoughts on Rice? Is it significantly better than Tulane? Thanks for your advice..
Houston IB certainly recruits from Rice, as well as the other Texas schools. You'll be doing O&G, but it's booming. It's also a pretty fun school to be at , from what I've heard. NU is good too; you'd likely be funneled towards Chicago.
Rice>NU>CMU... etc.
NU sucks btw.
Good for you, you got some very good choices. Really depends on what market you want to be in. NU is very respectable and will place you well in Chicago. Rich and Tulane places well in Houston and energy. I wouldn't go to Carnegie Mellon unless you are really good at math and want to do a quantitative major. If you got the $100,000 scholarship I think if you hustle hard enough it might be worth it. Otherwise NU will give you the best chance to get into banking.
If you want energy trading then Rice or Tulane. Tulane has a really good energy trading program. It would be very hard to turn down $100k in all seriousness. I can't comment on NU other than it's a very good school.
I'd wait to see what kind of money the other schools show up with.
So is Tulane worth 100K of debt?
Thats up to you. Keep in mind that amusing the interest rate is about 6%, which seems to be the normal student loan rate and you payoff 12k a year its going to take 12 years and you'll pay 41k in interest bringing your total loan to ~141k. Now that's assuming you get a job right out of school and can afford to pay 1k a month on loans.
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