<p>I also suggest visiting the schools if possible. My daughter loved Emory from the visit - very different feel than UMich and PSU. She ended up at UPenn - picking the best program for her major vs. her favorite location but it was definitely worth the cost and time to visit.</p>
<p>At UM students apply to Ross after their first or second year. This has changed since I visited. Look at their web site. </p>
<p>I visitied UM with my daughter and I thought that the admit rate for the business undergrad program was lower than other schools that we visited.</p>
<p>"-% acceptance rate
Emory: 37% U Michigan: 57% "</p>
<p>This is old data, Emory's most recent acceptance rate = 26%.</p>
<p>The data provided is from the most recent edition of the USNWR report. You are correct that the acceptance data for last year is more competitive at Emory. It is also more competitive at U Michigan at 47%.</p>
<p>You might also look into applying for an Emory Scholar. <a href="http://www.college.emory.edu/current/achievement/scholars/index.html%5B/url%5D">http://www.college.emory.edu/current/achievement/scholars/index.html</a></p>
<p>The biggest difference by far, dwarfing all differences so far related except size is the wealth of the respective student bodies. </p>
<p>At Emory, according to their Common Data Set, only 37% of the student body receives any need-based aid; 63% do not. With a cost of roughly $190k over four years, the minimum an average family would have to earn to afford Emory without need-based aid would be approximately $175k; the median family income would be well into the the mid-$200k range. It would be much, much, much lower at UMichigan. This by itself would account for the differences in retention (at which Michigan "overperforms") and in SAT scores, and in alumni giving. </p>
<p>They are both great, great schools. But I think it would be a mistake to ignore the elephant in the room.</p>