Notre Dame has an exceptionally proud and engaged alumni with historic ties to IB. Kelley is highly regarded and gaining traction as a “target” school but doesn’t have the depth or history of alumni network.
In my opinion all things being equal ND may have some small advantages but a strong Kelley student will negate any differences and have the same opportunities. Going to either school is a very viable path to an IB analyst role in today’s market.
Is there a specific area of IB that is of interest. I ask because you do tend to see a lot of ND alum in some of the sales and trade areas.
Good luck as he gets results and happy to try and answer any other questions.
FYI he will likely not need an MBA post grad from either program assuming he pursues a relevant and rigorous curriculum at either school. He may consider CFA but we are getting ahead of ourselves.