Are you set on majoring in Business or not? If you are, Ross is a no-brainer. If you are not, the decision is a little harder.
“I know they are both great schools with amazing academics”
While both are great schools, I would not compare the academics at Tufts to the academics at Michigan. All of Michigan’s departments are ranking among the top 15 in the nation. With the exception of Fletcher, which is purely a graduate program, I cannot think of a single department at Tufts that is ranked among the top 20.
“I wanted to get some opinions on which one has a better reputation overall”
Reputation is influenced by location. Obviously, Tufts is going to have a stronger reputation than Michigan in New England while Michigan will have a stronger reputation in the Midwest. Thanks to its strong STEM programs, Michigan also has a stronger reputation in places like Silicon Valley. However, to most education people, Michigan and Tufts both have great reputations, so you have nothing to worry about.
“Due to it being Ross (500 admits), I realize the class sizes at UMich will be closer to that at Tufts and the atmosphere would be less of a big-college feel. So that makes both universities very similar and hard to choose between.”
Actually, even if you were just enrolling in LSA, outside of your freshmen classes which would undoubtably be larger, you are not going to see a difference between Michigan and Tufts. 60% of Michigan classes have fewer than 20 students, compared to 65% at Tufts. That is hardly noticeable. You need to remember that while Tufts is indeed much smaller than Michigan (9,000 undergraduate and graduate students enrolled in departments that also enroll undergraduate students vs 40,000 undergraduate and graduate students enrolled in departments that also enroll undergraduate students), so is its faculty (650 instructional faculty vs 2,750 instructional faculty). Also those students are scattered around far fewer departments than at Michigan. Do keep in mind that Michigan’s campus is far more spread out than Tufts’ campus (3,200 acres vs 150 acres). Michigan’s endowment is significantly larger ($11 billion or $250,000/student vs $1.7 billion or $150,000/per student), and that does not even factor in economies of scale and state funding.
Personally, I would prioritize the following:
- Do you wish to major in Business? If so, I would go with Michigan.
- Is cost a concern? Does one of those schools cost less to attend? If so, I would go for the cheaper option.
- If you don't mind majoring in something other than Business, and cost is not a concern, I would go for fit.