Baylor doesn’t have a dance major.
If you want to go to a mainstream Christian school in Texas that has a dance program, either TCU or SMU would be much better options. This is the TCU dance program: School for Classical & Contemporary Dance | College of Fine Arts and this is SMU: Undergraduate Studies - Meadows School of the Arts, SMU
And the business schools at both TCU and SMU are very well respected and similarly ranked.
And I can tell you as a former decade-long resident of Waco that Fort Worth and Dallas are much more interesting and artistic cities to live in than Waco. TCU is in the upscale Tanglewood neighborhood of Fort Worth with lots of very pretty old homes and streets. SMU is in the Highland Park neighborhood which is one of the most posh parts of the entire Dallas metro. Very old money.