Anonymous
02/02/2024 11:12
Subject: UMD Smith School Direct Admit - Test Optional
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:No OP, but I'm curious to know stats of kids who got into UMD Smith School as a direct admit. Is it as competitive as computer science seems to be?
maybe more difficult nowadays but 2023 stats for direct admit/honors:
3.9/4.75
1500
main ec - small business with 6 figures revenue annually
i think cs is still more competitive but business is not far off.
Just curious...does Smith offer something special with respect to entrepreneurship or otherwise? I guess I would be far more strategic for college with a kid that has a small business already generating 6 figures annually unless it is something like re-selling tons of stuff on Amazon (where you can have high revenue, but also a high cost of sales...so profit is fairly small) and is not something that your kid intends to continue for a career.
Again, not saying Smith does not satisfy that strategy, but would probably be a different college search in general.
Yeah it was the revenue, margin is probably 15%. It's probably not something he is going to do long term but who knows. I think it's a good learning experience and involve a lot market analysis, searching for trends, buyers, etc.
Got it. Reminds of my kid's friend who resells sneakers. Buys the latest "drop" from Nike et al for $500 and resells for $1,000+. There are real businesses that exist for this, but it's interesting and relatively low-risk for the kid and parents (not out buying 10,000 pairs at a time which is impossible to do anyway) and this kid can clear $10,000+ of profit in a year.
Anonymous
02/02/2024 10:55
Subject: UMD Smith School Direct Admit - Test Optional
Anonymous wrote:Anonymous wrote:Anonymous wrote:No OP, but I'm curious to know stats of kids who got into UMD Smith School as a direct admit. Is it as competitive as computer science seems to be?
maybe more difficult nowadays but 2023 stats for direct admit/honors:
3.9/4.75
1500
main ec - small business with 6 figures revenue annually
i think cs is still more competitive but business is not far off.
Just curious...does Smith offer something special with respect to entrepreneurship or otherwise? I guess I would be far more strategic for college with a kid that has a small business already generating 6 figures annually unless it is something like re-selling tons of stuff on Amazon (where you can have high revenue, but also a high cost of sales...so profit is fairly small) and is not something that your kid intends to continue for a career.
Again, not saying Smith does not satisfy that strategy, but would probably be a different college search in general.
Yeah it was the revenue, margin is probably 15%. It's probably not something he is going to do long term but who knows. I think it's a good learning experience and involve a lot market analysis, searching for trends, buyers, etc.