OT: Son was just pre-admitted into the Ross BBA program. Insights?

Submitted by chuck bass on

The business college seems to have come a long way since wife and I were in school. Anyone with current insights? He's also holding a couple of acceptance letters from colleges in the top 20 – not Harvard or Princeton – with a pair of decisions still pending. We're in-state.

Making good money and working in a major city are the extent of his current career goals. We haven't toured Ross since the big expansion – was any of that applicable to BBAs? I don't know much about finance careers or how Ross kids measure up to top 20 private university kids. Thoughts, pros, cons, advice, etc. appreciated. Thank you.

CLion

March 29th, 2018 at 3:58 PM ^

Tell him to go into STEM where his mind will be put to better use. He can make money there too and can snort cocaine off hookers tits and what not. They aren't mutually exclusive.

Occam's Razor

March 29th, 2018 at 5:32 PM ^

I have plenty of friends who work on Wall St and buy side that graduated from Ross. One thing I can say for sure is that they all came to a point in life where they wondered wtf they were doing and whether being someone's monkey was worth it to them. This led to them either going to buy side or going back to schools for an MBA in order to switch industries into consulting etc. The ones that stuck around and went into PE are either miserable or somehow truly enjoy what they do making pivot tables all day. 

 

If you want the boujie (yuppy for you older folks) lifestyle right out of college, I would recommend kids to go into IOE in the Michigan Engineering school. You get many overlaps with Ross and have something to offer in the form of an Engineering degree (along with funny IOEasy comments from other Engineers lol). 

 

Engineering lets you go anywhere you want while making just as much money if not more out of college due to the skills you accumulate that b-school does not give you. On top of that, Michigan lets you get a Masters in Engineering if your GPA is high enough by the end of 1st semester Sr year I believe. That is a great plus. 

 

The only detracter is that you won't be doing blow and partying nearly as much in undergrad like your Ross and LSA counterparts haha. 

bluebyyou

March 29th, 2018 at 7:52 PM ^

Good advice, the engineering degree, that is.  With a BS in most engineering disciplines, you can go into just about anything and have good understanding of numbers along with good problem solving skills.  My kids are both Michigan engineers with grad engineering degrees and they both went to med school. I went the legal route after a Chem eng. background.

Many of the successful people I have met along the way started out with technical degrees.

The only downside I found with engineering (and some other STEM subject areas) is that it is a lot of work.

maizenblue92

March 29th, 2018 at 4:05 PM ^

Congrats, first of all.

Now, I'm just an MBA student at the University of Pittsburgh so take this with a grain of salt. But, do a lot of research into the potential programs. Namely, career assistance programs associated with them, what kind of money they are willing to offer, what their alumni network looks like (knowing people is very important), and look into doing some sort of incremental analysis between the programs. Everything has a value and trade off for choosing one place over another.

Oh, one last thing, private schools are overrated.

LLG

March 29th, 2018 at 4:03 PM ^

Is this for real?  "Money hungry and working in a major city are his current career goals."

Insights?  Really?
 

chuck bass

March 29th, 2018 at 4:07 PM ^

Sorry, I edited that out. It was tongue in cheek as he hasn't given much thought to career goals. But at this point he would like to live in a major city and make good money after college. Not sure that's much help – I assume that's pretty generic for teens his age.

bringthewood

March 29th, 2018 at 4:32 PM ^

I graduated from Ross in the 80's and my goal was to make a lot of money. Nothing wrong with that. I would say my goals changed over time but making a good living is never a bad goal. My daughter choose engineering because she wanted to make a good living.

My father grew up post depression and choose to be a Pharmacist because he felt it was something that was very employable.

My son has chosen a more altruistic carreer and I am cool with that as well but his path to supporting himself will be more difficult. 

No one should have to apologize for wanting to make a lot of money as long as they are not screwing over somebody or something - the environment for example.

L'Carpetron Do…

March 29th, 2018 at 5:01 PM ^

A lot of my buddies at U of M were Ross guys and they're good dudes. But I can't say that I don't look at the guys who went to work for Goldman, etc. a little shifty-eyed.  

But I have to disagree a bit - you shouldn't have to apologize for wanting to make money but there should be something more you want to accomplish. The mad pursuit of money has created a ton of problems in this country lately. I would tell that kid that yes making money is an admirable goal, but make sure you produce something else of value in your career/life.  Making money for corporations in exchange for a healthy cut for yourself is OK but isn't a goal in itself. Also a reminder: lots of corporations are evil AF.

 

bringthewood

March 29th, 2018 at 5:21 PM ^

I work for one of those evil empire type companies - that is big on diversity as long as diversity does not include anyone over 40. I think as you get older with a family - at least for me - goals change. Not so much about money.

But I also worry about simply "following your dream" with no idea how to support yourself doing so. 

GarMoe

March 29th, 2018 at 7:57 PM ^

I binge-watched a season of Am. Greed last year and left the weekend thinking every biz/finance major will eventually start out successful, create a ridiculously enriching Ponzi scheme and then lose all friends and family as they rot in federal prison. I then realized most don’t go to prison but just work for a Ponzi scheme. How’s that for a rosy outlook?

814 East U

March 29th, 2018 at 4:05 PM ^

This has to be a humble brag, right? You are in state and pre-admitted to Ross? Go to Michigan, save the tuition and your kid will be just fine in NY/Chicago. 

ak47

March 29th, 2018 at 5:02 PM ^

Lol not really true on the public policy but ok.  If the family has the means the guy should do what makes his kid happy. If the worry is that Ross isn't respected enough to get a good job out of college in a major city there is nothing for them to worry about but there are plenty of other reasons to prefer a different school to Michigan.

 

East German Judge

March 29th, 2018 at 5:08 PM ^

Let me give you an update, starting with the freshman class at Ross right now, approximately 80% of the class was pre-admits/direct admits to Ross. They are saving the remaining 20% for people who transfer in or for people who did not apply to Ross out of high school. If you applied out of high school, and did not get in, they supposedly will not look at your application if you try to apply again. So to your point about all the econ grads being rejected from Ross, that should now be a much smaller percentage.

BlueWon

March 29th, 2018 at 7:59 PM ^

Looks like my son's 2015 HS graduating class was the last under the old regime.

It makes sense as a lot of kids who weren't pre-admitted did what we did. Had they made the change a year earlier I'd have an $200K in my bank account -- ouch!

 

814 East U

March 29th, 2018 at 5:27 PM ^

Whatever helps you sleep at night, bud.

If you wanted a banking job why wouldn't you at least apply to Ross (especially if it helped get you the job you wanted as you mentioned below regarding your friends)?

The "I chose econ over Ross" is the same as "I chose MSU over Michigan". I am sure it happens, but spare me the bullshit.

SAMgO

March 29th, 2018 at 4:09 PM ^

I'm a 2015 Ross BBA grad. Everything is as advertised, top notch. The facilities, the professors, the career resources, the network, etc. Scott DeRue has really done a great job in the past few years elevating the profile of Ross even further. I had no problem getting a well paid NYC job immediately post-grad from my junior year internship that I recruited into on campus, and we're very well represented out here. The Michigan and Ross network in NYC and Chicago are just as strong as any top private.

You'll have to decide for yourself if the culture is the right fit, but don't just accept the stereotypes you hear online. There are widely varying personalities in the BBA program and many international students as well. 

As for the recent expansion, it finished up after I graduated but BBA students definitely have full access to the entire school (as do all Michigan students!). I've been back and looked around since it's been done - quite jealous of all the additional space students now have compared to even a few years ago.

Good luck to him and congrats!