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UNC has a stronger overall reputation, but they are in adjacent clusters and ca. 50k should certainly be taken into account. I would actually lean in favor of Indiana in part because of its location in the midwest.
I also got a very good package from Indiana. I am waiting on UNC decision. Did you get any aid at UNC? I am imagining I will see an admit at UNC but with less aid as well. I was looking at Indiana housing the other day. Indiana rents are awesome. For the price of a dive in Boston or NYC you can get a very nice place. It seems like UNC has a broader reputation nationally, which might make a difference particularly for an international student. But both are comparibly ranked by most sources. You might have a bit of a recruiting edge nationally with UNC. But that is a great package and surely a tough decision. Could you share your profile with us?
I worked in Indiana for a long time. You guys might be missing the fact that he's an International student. So, please keep in mind the following points -
1) Kenan-Flager is the better school.
2) Kelley has a definite problem with placing International students, as well as the fact that Kelley grads command a lower salary than Kenan-Flager.
3) However, the extra 50k needs to be balanced out - the difference in salary between the two schools, even though Kelley is lower, will not balance out for a long time. Its not like Kenan-Flager students get paid 40-50% more than Kelley, the difference is more like 10-20%. So Kelley may be a good option here.
4) Kenan-Flager has access to all the East Coast companies as well as Rayleigh, Charlotte, Durham.
5) Kelley has access to Chicago and Cincinnati. Indianapolis and Louisville suck for jobs, particularly higher paying ones.
6) There will be a few companies coming from far away to recruit from both colleges, but not many. In addition, they may or may not be hiring international students, particularly 2-3 years from today.
7) Kelley has a good marketing program, but not everything in Kelley is good. However, since marketing is the focus, its all good.
I think some of the broad assumptions made in the last post are a bit willy-nilly. Kenan-Flagler is a great school, but to flat out say it is the better school is a bit off-base, especially if the focus is marketing.
The marketing salary differences last year were about $3K more per year at K-F.
I think a lot of this depends on if 'eragon' has a preference on where they would like to work post-mba as it is noted that both of these schools will have heavy regional recruiting.