There's some great information available on both business schools.
Careers & Internships:*Kelley School of Business:*Indiana University Bloomington WFU Schools of Business | Home
Some Ntable Stats
Wake: More than 90% of our faculty members hold a PhD or other doctoral degree.
Kelley: 70% have their terminal degreee (PhD or JD)
Kelley: Within 90 days after graduation, 91% of our undergraduate students had accepted job offers
Wake: somewhere around 98% pass their MBA test (don't remember exactly what its called) the first time. Wake also has a six-year program for MSA/MBA
Kelley: After graduation have to apply for MBA program. Then must take two years off for experience. Then can go back for MBA.
Both are top class so you really can't go wrong.