Because over a hundred grand is at stake and they want to make sure they aren’t just throwing away that kind of $$. |
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McIntire first-year salaries...
The average annual base salary for the undergraduate Class of 2017 is $72,297; the median annual base salary is $75,000. Plus Signing Bonus... The average signing bonus for the undergraduate Class of 2017 is $9,261. Plus Annual Bonus... The average estimated annual bonus is $22,271. On what planet is Chicago worth it over McIntire? Show me any data from Chicago that matches this. |
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I went to UVa undergrad and Chicago Booth for my MBA. Post MBA, I worked for McKinsey in Chicago. There were more UVA undergrad hires (business analysts) from UVA than UC in the Chicago office.
If your kid wants to go back east after college, UVA Comm school and/or Echols is better. U of C is definitely a nerdy environment. "Where fun goes to die" is the joke. Two different places to be sure, but can't go wrong with either. If money is an issue, choose UVa. If not, let the kid choose. |
| short answer is No, U of C is not worth the extra $$ over UVA |
What are you? A Harvey Weinstein type sexual predator or something? Your obsession with looks is very telling. |
Plus with 50% of the kids (supposedly) changing their major during college, imagine paying $70K/yr for Engineering or CS and the kid wants to become a painter or counselor or some shit like that after two years! We know someone who sent their kid to a top private university for pre-med and the kid ended up picking psychology as a major because he "likes to work with children". Last we touched base, he was working at a school in the Chicago area. |
I'm not surprised. After 4 years enjoying Chicago, a good number of the business oriented UChicago kids are being heavily recruited by NY and SF and they're excited about that. Kids tend to want to experience different places in their 20s. I can see why a UVA kid would love to try out Chicago and a UChicago kid would want to head to the coasts. |
Harvard's Z-list is by invitation only to about 20 a year. Sounds like it's there as a soft landing for people like Obama who couldn't make the cut during the regular round. Chicago's mandating a gap year to waitlisters looks more like a systematic way of ensuring higher yield stats. |
I have no idea of where one finds this data but anecdotally the above is below what I would expect as averages for business oriented students. Have you compared it to ROSS which is more apples to apples? I do know that in our family, the UChicago offers have come in higher than the Michigan-Ross offers. Both are higher than what you outlined above. |
Guess there are plenty of cheapskate parents. “ROI”, right? |
Gotta love the casual racism here ?. But you still haven’t explained how UChicago offering some waitlisted candidates admission after a gap year is different from Harvard offering some waitlisted candidates admission after a gap year. |
| It's the same. I know as DC was Harvard waitlisted with those conditions and is not a "special" case. The poster chooses to interpret differently by school. |
Harvard's is limited to about 20 a year, to special case luminaries. Twenty a year hardly affects the yield stats. Chicago's is more of a mass practice that seems to be offered to most waitlists. This has to affect yield stats. |
How many at UChicago (and please include a source for the number you provide)? |
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There isn't a way to source anything about UChicago admissions because they don't release any. No common data set. Very secretive.
fyi Cornell also has the gap year thing. They ask at least a couple hundred kids each year if they want to go to college somewhere else for a year, take specific courses, get a certain GPA, then they can attend Cornell as sophomores. |