UC Berkeley (Haas) or UT Austin (McCombs) undergraduate
Good afternoon ,
I'm new here and I wanted to ask you what do you think on the following schools in the Finance sector, specifically Venture Capital. I've been accepted as an undergraduate student at UC Berkeley and UT Austin (McCombs School of Business). I live in Texas and I have received a scholarship for 20k a year at UT, leaving about 3k for my parents to pay a year, vs around 50k for Berkeley a year. I was wondering which school is better in terms of placement in an MBA program and for recruiting to major financial firms. Tuition isn't a major factor, though it is a supplemental factor.
Thanks
What is your political orientation?
Save your parents the money and go to UT. I have had plenty of friends get into Goldman from UT If your parents aren't loaded and aren't able to dishout 50k for the next few years it would be extremely unwise to take on 200k of debt vs. 12k.
Your student loan payments would be outrageous even with your IB salary.
That's true Austin is pretty liberal for TX. Although, I think if I went to Berkeley my head would explode.
If tuition is not that important as you said, Cal would probably be perceived slightly better in the job market so go there.
200k for an undergrad degree is just absolutely retarded in my mind
Berkeley >>UT. Still pick UT. Not worth spending $200,000.
No question in my mind (and I'm not a longhorn), go to Texas and take care of business. You're already ahead of the curve if you're on this site prior to undergrad. A good GPA, the right extracurriculars, and a huge UT network should open plenty of doors.
Like everyone said, Berkeley may be a better school, but there's very little you can do coming out of Haas that you can't coming out of McCombs. Certainly not enough to justify spending $200k. McCombs and Austin in general are great if you're interested in startups and VC, and you shouldn't have a problem getting something finance related if that's your thing.
I went to a school in the UC system (not Cal, though) and I'd still vote for UT. Paying an additional ~$190K to go to Berkeley would be insane in my mind. You'll be in a much better financial (and life) position to do whatever you want after school (e.g., PhD, startup, travel) if you don't have a massive debt burden weighing on you.
As everyone said not worth pick Haas over UT for 200k unless you are loaded and money is not a problem.
One thing to consider is that you live in Texas and probably will have a lot of high school friends going to UT. So by going to Cal, you will probably have a more extensive network down the road.
My brother went to UT, and I would say about 20% of my high school class will be going to UT next year. I wasn't accepted into the Honors Program at UT and really want to work in Silicon Valley in VC in the future. I'm just not sure if going to UT will give me that opportunity.
You do realize that Austin, TX is pretty much the new Silicon Valley. It's being flooded by tech firms and start-ups.
As to politics, one of the largest organizations at Berkeley is the College Republicans, so politics should have nothing to do with the decision either way.
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