IU Kelley vs. Northeastern D’Amore-Mckim
I got into both schools IU Kelly as a direct admit with a 6k scholarship (w/out of state tuition so around 38k max) and Northeastern, but got accepted into Oakland and then will be transferring to Boston for the next three years with no tuition aid (so cost of attendance will be around 85k). I have the financial ability to pay tuition for both but it just doesn't seem practical when I have a cheaper option.
I want to eventually go into investment banking and I know IU is a semi-target that places somewhat in the big bulge bracket only if you get into the ib workshop. My only worries is what happens if for some reason I don't get into the ib workshop. I also am not the biggest fan of the party culture there.
But, NEU co-op intrigues me because it will provide me with practical experience and I can try out different roles and companies to see what I truly like. I also love the location of Boston, but in regards to joining clubs and slowly working my way up to positions will I be at a disadvantage at Northeastern? Northeastern is also not a feeder school for IB, and tuition is crazy expensive.
Overall, I want to do IB but l also want to eventually create a fintech related startup or atleast be a part of an entrepreneurial process with a group. Which I know at Northeastern every major is academically involved and vibrant, especially cs. I feel like everyone there is just more motivated and that will be a positive influence on me. The type of connections I receive from college are also equally important to me. My only worries is that at Indiana people are either partying or heavily focused or cracking into ib and following the cookie cutter formula.
I need to make my decision by May 1st and the sooner the better as orientation dates tend to fill up. So which one should I choose?
Kelley 100%. NEU is a scam at 85k and they're shipping you to their fake Oakland campus for your freshman year. Yeah ur kelley concerns are valid, most of the IB gunners their are absolute hardos but credit to them, IBW is a machine and their cookie cutter system churns out bankers. If you're committed to IB, as long as you work hard and get into IBW, its very very doable to land a solid offer.
if you make it to the IBW you will get a banking offer 100%
if not, you still can, just will likely be at a LMM firm or boutique.
check out the IBS or CMBW if you don't want M&A (easier to get into)
Something to note about Kelley is that there's a lot of fratty kids that coast for 4 years then go to Big4/corp fin, make sure you surround yourself by kids that work hard, especially the first year when you're gonna have kids in your classes that are applying to get into Kelley
Also, take finite math at a community college this summer and transfer the credit over, thank me later
Def Kelley. I am a bit biased since I do go there but the narrative about only being in the IBW is wrong, and it has changed honestly in the last 2-3 years which is crazy. So many people my grade did not get into a workshop but still ended up getting BB/similar offers if not MM (granted you’re still really driven and have a high gpa and network). The IBW process has gotten only more difficult, but IU has seen incredible placement across the street outside of the workshop as the brand name of the business school overall is rising. The incoming class has a mind blowing 7% acceptance rate! And applications have been rising dramatically. Obviously IU may not be the best business school, but it definitely can open up more doors than NE.
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