Set the record straight on IU Kelley

Hey Guys,
I am going to be a senior in high school next year and I am thinking a lot about colleges as most of us do. I made this account pretty recently because I'm interested in business, and this website seemed like it could be a valuable tool. I was recently reading through some threads that compare IU Kelley to some schools that, at least from my perspective, seem a lot better. Put differently with my current grades (and presumed test scores) I should be able to get into Kelley very easily. I think as of now it's my top safety school, but should I be viewing it as a safety school? I saw another thread recently that compared it to UNC, USC, Vandy, and had it right below Georgetown and ND. These other schools are on my "list" amongst others, but will definitely be a lot harder for me to get into. Can someone not from the school and maybe from the industry give me some perspective as to how IU stakes up. From where I sit it seems inconceivable that with its high acceptance rate it would rank anywhere near these schools, but if it does, my counselor said they would likely give me a scholarship, which could be very helpful. Thanks a lot in advance and I really appreciate any and all advice.

 
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My take as someone who doesn't go to Kelley, is your characterization of the school as a safety is spot on. I applied there as a safety hell I bet half this site applied there as a safety. Through their banking club, they seem to do a pretty good job at placing people into some solid banks, but it's still IU, and b/c finance is such an egotistical prestige centric place, I think beyond the IU alums, some people, especially from the "top" schools, might look at you a bit different. Don't get me wrong if the money matters a lot/ you don't get into one of the other schools you listed IU is a phenomenal option, but I think its a bit crazy to think it's on par with UNC, Georgetown, etc..

 

I'm a student at IU and I think a lot of above-average kids come here for the money. Almost everyone in the Investment Banking Workshop and Consulting Workshop had a lot higher stats than the minimum for admissions, are in honors, and have big scholarships. Straight up, it makes more sense to go Georgetown, Vandy, NYU but some students will take the savings at Kelley since there are programs that help you reach similar job opportunities for a lower cost.

 

OOS tuition for IU is like 30k more than tuition with financial aid from top target private universities for someone whose family income is between 60k and 150k lmao. Stop using "saving money" as an excuse when you can literally look up financial aid packages at HYP for yourself.

EDIT: Throw all the MS y'all want I'm just telling the truth. At least I can admit that I wasn't cut out for HYP and had to go to a slightly less selective T30 semi-target. I just love how cult-like you IU kids are. Is it really that hard to admit that you didn't get into your targets and had to settle for your back up school? Most people on this sub probably applied to IU as a back up so we know how "selective" you guys are lol.

 

I go to IU. The investment banking workshop has great placement for IB. You can look up the members online and see where those kids are getting internships at. It's also not hard to get into if you know that's what you want to do and shoot for it starting freshman year. I'm not in the workshop cause I got to IU and realized partying was more fun than studying my ass off and doing case competitions in clubs to get in the workshop. Outside of it, tons of Kelley kids have internships at the big 4 accounting firms and MO and BO roles at BBs.

 

Would you mind elaborating a little bit more on the process to get into the workshop. What are the case studies that you need to do? Are there any other things that you need to do to be eligible to apply? Then if you don't mind my asking of the eligible people do you know the acceptance rate?

 

You have to join the investment banking club freshman year and participate in the case studies they have. That's how you get to know the older members and impress them and then get in. No idea about the acceptance rate because there's so much self selection. Just get good grades and be active in the club and befriend the older guys and you're good.

 

All these lists and all these school comparisons literally go down the toilet once you actually get the job.

 
Funniest

Thanks intern, your insight is really helpful! Thank God you were here to let me know how my job environment works.

 

From Indiana, but go to another school. Kelley has an acceptance rate of around 30-40%, much less than the 70-80% IU overall, so that's where the numbers differ. IBW is good for placement but a bit selective (read this as you'll get it in you could get into the other schools you listed), and the guy that leads it is great and well spoken. The firms the IBW places at aren't the best besides PWP and the select few (FEW) who get Lazard or GS/MS - you can see where they will be working/interning at if you search IBW and pull their resumes.

TLDR: wouldn't go there over the others you listed, unless you're in-state and can go for next to nothing.

 

If you take a look at the last 2 years classes each year they have 15-20 kids going to EB’s and given the small size of each EB summer analyst class, it’s not bad at all. Ex. Moelis / PWP reserve between 5-7 spots for kids from IU

 

Oh yeah forgot about Moelis, that does mean like 5 spots left for the top EBs, and not much top BB representation as well. So I would agree that Moelis and PWP have good pipelines through IU but I personally would still discount them to the other schools listed.

 

Explain to me how a program that has a hard cutoff can have a sub 50% acceptance rate? You guys don't even do wholistic review. Anyone who gets over a 3.6 weighted and 30 ACT gets in automatically. One would expect from a statistics standpoint that with a clear cutoff acceptance rate should be close to 100% through self selection since everyone knows whether they meet the cutoff or not. Unless there's tons of underachievers applying with the sole goal of petitioning I don't see how a sub 50% acceptance rate is realistic.

 

Top undergrad business school (top-10 per US News Undergrad) that will get you into practically any IB if i) you are in the IBW, and ii) are a top student in the IBW. However if you are not in the IBW you will only be competitive for MM banks. The school is a notch below Ross and UVA for sure, but still an excellent choice. Around 50-60% who apply get in the IBW.

Also if you like small schools with smaller classes then IU is not for you as you won’t get the same attention as smaller schools like Stern or Ross. However if you’re big school kinda guy or gal then it’s a good choice.

Take a look below: https://kelley.iu.edu/IBN/index.cfm

 

Doing a quick LinkedIn search so take this as you will. This includes only IB (filtered out). Screams semi-target to me vs. target, but nonetheless good placement.

Moelis: 22 IU alum JPM: 22 IU alum Goldman Sachs: 20 IU alum Rothschild: 14 IU alum Lazard: 13 IU alum PWP: 12 IU alum Evercore: 11 IU alum Greenhill: 5 IU alum PJT: 4 IU alum

 

Anyone on this thread trying to defend Kelley and praise the IBW most certainly goes to Kelley and probably is in the IBW themselves, otherwise they would not be quick to fight for the school.

Look it’s a great option if it’s your safety, but don’t be misguided by the seemingly amazing placement in the IBW. From a percentage standpoint and an absolute standpoint, it’s on par with other meh semi targets.

Your school rep 100% matters for buyside recruiting. don’t listen to anyone who tells you otherwise.

 

I will say it’s very impressive, the amount of loyalty that Kelley alums have. Clearly a lot of school spirit so take that into consideration too. pretty admirable

 

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