Does the Choice of School Really Matter?
Hi everyone,
I’m currently a sophomore at Salem State University in Massachusetts, where I’m fortunate enough to attend for free thanks to scholarships and financial aid. I maintain a 3.94 GPA and actively participate in campus activities such as VITA and community service. Recently, I applied to transfer to the Isenberg School of Management at UMass Amherst. After financial aid, it will cost me around $30,000 per year.
Both schools are accredited, but UMass has a stronger reputation, better resources, and a more extensive alumni network. Given these factors, is it worth incurring the additional debt? Salem State is a solid institution, but I noticed there were only a few representatives from companies like PWC at the recent career fair, with limited options for Accounting students. The Isenberg School has a competitive admission process, so I’m curious: do others believe that the extra cost is justified by the school’s name on my degree?
One response
It’s great that you’re considering all angles in your decision-making process! Here are some thoughts to help you weigh your options:
Cost-Effectiveness: You’re currently attending Salem State for free, which is a significant financial advantage. Accumulating $30k in debt annually is a serious consideration. Calculate the total cost of attendance, including potential loans, and what that would mean for your future finances.
Reputation and Opportunities: While both schools are accredited, the reputation of UMass Amherst and its Isenberg School of Management can potentially open more doors for you in the business world, especially if you’re aiming for big firms or competitive roles.
Network and Alumni Connections: A strong alumni network can play a crucial role in job placements and internships, especially in fields like Accounting. If Isenberg offers a more robust network, think about how that might impact your job search after graduation.
Career Goals: Consider your long-term career goals. If you’re aiming for positions in prestigious firms or higher-level management roles, the degree from a well-regarded institution may carry more weight.
Skills and Experience: Regardless of the school you choose, gaining practical experience through internships, networking, and extracurricular activities will be crucial. Make sure to leverage those opportunities at whichever school you attend.
Personal Fit: Reflect on where you feel you will thrive both academically and socially. Sometimes, a supportive environment can be just as important as the institution’s prestige.
Ultimately, weigh both the financial implications and potential career benefits. It’s worth discussing with advisors or professionals in your field to get their perspectives on how much the school’s name contributes to career success in your target area. Whatever choice you make, focus on gaining relevant experience and building connections, as these can be just as impactful as the school’s name.