I don't know much about U of Rochester, but I attended Fordham GSB info session for their MBA program back in 2008 (while I was researching various MBA programs for my applications).
Although Fordham's undergrad and other graduate schools (Law School, etc) enjoy pretty good reputation, their graduate business program was not impressive at all. In terms of what they call graduate business school "facilities", it was just one floor in their main building which they share with undergraduates. Their computer lab was small as a closet. I was told that they don't have many daytime classes for FT students because most classes are taken with PT students between 6pm and after. Also for finance, I was told by a current student during my campus visit that not one major Wall Street bank visits the campus for summer internship or FT recruiting.
For me, I just thought if I didn't get in anywhere in R1 and R2, I would apply there as a PT option.
Perhaps it would be best for you to visit both schools before making any decisions. Good luck.
Get the best GMAT Prep Resources with GMAT Club Premium Membership