My vote would be for the Stevens institute in Hoboken NJ. I lived only a couple of miles from Stevens hence can speak from my experience. Apart from the lower tuition, it is located near the NY city. It takes only 5 minute ride in PATH train to cross over into lower Manhattan. The networking opportunity would be vast and during my work in tech on wallstreet with an IB, I personally met many folks from Stevens.
A Kelly MBA alumni, with a full tuition waiver, once told me that if you want to choose an institute make sure it is near a major hub(NY,DC,Atlanta,Seattle,SFO) as she missed out on the networking and eventually on better career opportunities.
Rochester is in the upstate NY and I am not too sure of the opportunity for a finance graduate. You would eventually come down to NY city and compete with Stevens alums. Then why not play on their side and have a better advantage .
Still, to make a sound decision talk to the alums of both institute and then take the decision accordingly.
Posted from my mobile device