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UNC Kenan-Flagler Business School

Kenan-Flagler Business School is housed within the University of North Carolina at Chapel Hill.  The school is well-regarded for its emphasis on team-based learning, its numerous international study programs and the variety of careers its graduates enter.  Kenan-Flagler offers three Executive MBA programs in addition to its full-time MBA, as well as an online MBA degree option.

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Faculty

Kenan-Flagler employs more than 150 tenured and tenure-track faculty members, adjunct professors and lecturers across its seven academic areas. These professors also contribute to the business school’s 12 research centers, which vary in focus from real estate to urban investment strategies.

Curriculum

Courses at Kenan-Flagler emphasize learning through case studies and small group activities.  For their first year, students are assigned to groups of 70 to 75 people who take the same required courses together.

Kenan-Flagler breaks each semester into two seven-week periods of instruction called “modules,” with breaks for holidays and fall, winter and spring vacations. Two pre-term summer sessions called the Analytical Skills Workshop and Tools of Financial Markets are available to first-year students who wish to review key analytical and financial skills prior to beginning their degree.  First-years begin formal classes in the second week of August, while second-year classes start a week later.  All classes finish for the year at the beginning of May, with graduation occurring a week later.

Kenan-Flagler students are required to complete 15 core courses their first year along with three other core requirements: a teamwork assessment, the Core Case Competition and a Leadership Initiative Credit.  Topics for core courses cover business fundamentals such as finance, microeconomics, marketing, accounting, ethics and business strategy.  Kenan-Flagler offers almost no waivers for its core courses; only those holding CPA designations may waive the accounting-related course.

To complete their business degree, students must take 63 credits worth of classes. Each core course is worth 1.5 to 2.5 credits, and the remaining credits are fulfilled through elective courses.  Students may begin taking electives in the spring semester of their first year, and the second-year curriculum is comprised entirely of electives.  The school reports that at least 20% of elective courses are new each year in order to keep class material current with faculty research.  There are no required majors at Kenan-Flagler, but there are six suggested concentrations for students who wish to demonstrate their interest and proficiency in subjects such as real estate or operations management. Typically, each concentration requires students to complete five or six elective courses.

Kenan-Flagler also encourages students to design their own independent study or practicum project in which students apply theory to real-world business situations.  Students interested in gaining international experience may study abroad for a semester at one of Kenan-Flagler’s more than 50 MBA exchange partner schools or spend one to two weeks abroad as part of a “Doing Business In” immersion course.  Alternatively, students can pursue a Global Immersion Elective, a semester-long course that teaches students about a particular region’s culture and history and concludes with a 10- to 14-day tour of that region.

Other MBA Degree Options

Along with the full-time MBA program, Kenan-Flagler offers eight dual degree programs, two of which are run in conjunction with schools at Duke University. Through the dual degree programs, students may earn an MBA in addition to an advanced degree in areas ranging from Public Health to Information and Library Science. Students also have the option to design their own dual degree programs.

Kenan-Flagler also runs an online MBA program, through which students complete 66 credits over an 18- to 36-month timeframe. The school’s Executive MBA, meanwhile, can be completed either in the evenings or on the weekends at Chapel Hill. Kenan- Flagler also offers a global EMBA, called OneMBA, in locations around the world. The evening program takes 24 months to complete, the weekend program 20 months and OneMBA 21 months.

Concentrations at Kenan-Flagler

  • Corporate Finance
  • Marketing
  • Operations Management
  • Capital Markets and Investments
  • Management Consulting
  • Real Estate

Enrichment Concentrations

  • Sustainable Enterprise
  • Energy
  • Entrepreneurship
  • Healthcare

Degree Offerings at Kenan-Flagler

Full-time MBA Program
www.kenan-flagler.unc.edu/programs/mba

Online [email protected]
onlinemba.unc.edu/

MBA for Executives
www.kenan-flagler.unc.edu/programs/emba

Dual Degrees
Law, Public Health, City and Regional Planning, Information and Library Science, Pharmacy, Medicine, Environment, and Public Policy
http://www.kenan-flagler.unc.edu/programs/mba/curriculum/dual-degree


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Clubs, Conferences & Competitions

Kenan-Flagler students play an active role on the UNC campus, participating in more than 45 clubs as well as five student-led advisory boards.  These groups range from clubs focused on careers paths such as consulting and private equity to affinity-based clubs like Carolina Women in Business or the Alliance of Minority Business Students.  There are also a number of athletic clubs focused on sports like basketball or running.  In addition to offering resources on career opportunities and professional development, Kenan-Flagler’s clubs regularly pair with companies to organize other events. For instance, the Consulting Club organizes career treks to Atlanta to visit companies including Deloitte, BCG, and Bain.

Kenan-Flagler hosts a variety of conferences each year on areas ranging from real estate to accounting.  Since 2010, for example, the school has hosted their own annual healthcare conference, which has focused on innovation, analytics and most recently, rising costs  The most recent real estate conference in 2016 featured J. Ronald Terwilliger, Chairman of Terwilliger Pappas, as the keynote speaker. The school has also founded a number of business competitions, including the Venture Capital Investment Competition, the Alpha Challenge, the UNC Kenan-Flagler Real Estate Development Challenge, the UNC Kenan-Flagler Marketing Case Challenge, and the Sustainable Venture Capital Investment Competition.

Campus Spaces

Nearly all classes at Kenan-Flagler take place in the McColl Building, located on the south end of the University of Carolina, Chapel Hill campus.  Along with 18 classrooms, a 500-seat auditorium, a café and a computer lab, the building also houses classes for the evening MBA for Executives program.  The weekend MBA for Executives program, meanwhile, primarily takes places in the Paul J. Rizzo Conference Center, located approximately three miles from the school.  While there are housing options available on campus for full-time MBA students, those can be difficult to secure, so most students live in one of 10 apartment complexes near the school.


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Career Services

Kenan-Flagler’s Career Management Center (CMC) offers students guidance on their careers through options such as one-on-one coaching with a career search expert, peer counselors trained to review résumés and conduct mock interviews, and training sessions on job search and recruiting basics.  With more than 100 companies presenting on campus each year, the CMC organizes career fairs and résumé books starting in September.  On-campus interviews for full-time positions begin in early October for second-year students, and first-year students start interviewing for summer internships in mid-January.  Students may also go on club-sponsored career treks to different major cities to tour companies in their area of interest.

Career Statistics

Ninety-three percent of Kenan-Flagler’s Class of 2016 received job offers within three months of graduation, and 90% of the class had accepted offers by that time.  The average salary for this class was $111,922 while the average signing bonus was approximately $24,441.  Thirty-three percent of graduates entered finance functions, while 26% went into consulting and 19% opted for marketing.  Another 15% of the class accepted general management positions, with information technology roles following at 4%.

The most popular industry for recently minted graduates was the financial services industry, which attracted 25% of the Class of 2016.  An additional 18% entered the technology industry, while 17% chose to work in consulting, 9% in healthcare, 8% in real estate, 7% in manufacturing, and 6% in consumer packaged goods. Energy and other sectors drew 2% and 5% of the class, respectively.

Given the school’s location, Kenan-Flagler graduates unsurprisingly gravitated towards positions in the Southern U.S., with 40% of the class taking a job in that area.  Another 16% of 2016 graduates left for the West, while 15% found work in the Northeast.  Ten percent of the class each went to the Mid-Atlantic and Midwestern states, while 8% chose jobs in the Southwest.  Two percent of graduates accepted positions based outside of the U.S.


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The Class Profile

Kenan-Flagler’s incoming class typically numbers 299 students, with a median GPA of 3.4.  The median GMAT score of the class is generally about 710, with 80% of students scoring between 640 and 740.  Students entering Kenan-Flagler have a median age of 28, and a median of five years of work experience.  Approximately 28% of students come from outside the U.S.  Finally, women make up approximately 30% of the class, while 19% of students identify as a member of a U.S. minority group.

Application Procedures

Kenan-Flagler has four rounds of admissions that typically occur in mid-October, early December, mid-January and mid-March.  The first deadline in October is Early Action, reserved for students who are certain that they will attend Kenan-Flagler if admitted.  Applicants must submit a one-page résumé, an application form, transcripts from all undergraduate and graduate institutions attended, GRE or GMAT test scores, two recommendations, essays and a $150 application fee.  North Carolina residents should submit a residency form for tuition purposes, while international candidates whose native language is not English must submit their TOELF, IELTS or PTE Academic scores.  Kenan-Flagler starts the season with an open interview policy, meaning applicants can schedule on-campus interviews before the application deadline.  Starting in November, interviews become by invitation only and these may be conducted on-campus or over webcam.  An interview is required for admission and a member of the admissions committee or an alumnus conducts them.  Applicants with a proven commitment to supporting diversity in business may also apply through the Consortium for Graduate Study in Management, of which Kenan-Flagler is a member.

Application Checklist

  • Data Forms
  • GMAT/GRE and TOEFL/IELTS/PTE Academic Score(s)
  • Résumé
  • Application Fee
  • Two Recommendation Letters
  • Academic Transcripts
  • Essays
  • Residency Form, if applicable

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Tuition and fees for the 2017-2018 academic year come to $61,274 for out-of-state residents and $46,152 for in-state residents.  With the addition of living expenses, however, the school estimates that costs climb to $87,196 for out-of-state residents and $72,074 for in-state residents.  Each year, Kenan-Flagler helps students defray the cost of their education by offering a limited number of merit-based fellowships that award funding ranging from partial tuition to full tuition and a stipend.  All applicants are automatically considered for the fellowships.  Students looking to finance their MBA degrees with loans may consider federal loan programs, extended only to U.S. citizens or permanent residents, or private loan options.  International students may apply for a loan through Coastal Federal Credit Union, which does not require a co-signer.

Cost of Attendance

Tuition

  • State Resident: $46,152
  • Out-of-state Resident: $61,274

Books: $1,604
Food: $5,074
Housing: $12,964
Health Insurance: $2,222
Miscellaneous: $1,464
Federal Loan Fee: $250
Travel: $2,344

Total

  • State Resident: $72,074
  • Out-of-state Resident: $87,196

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Stats

CLASS SIZE299
FEMALE30%
MEDIAN GMAT710
MEDIAN GPA3.4

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Contact

Mailing Address:
Kenan-Flagler Business School
MBA Admissions Office
The University of North Carolina at
Chapel Hill
Campus Box 3490, McColl Bldg.,
Room 2114
Chapel Hill, NC 27599-3490 USA
Phone: 919-962-3236
Fax: 919-962-0898
Email: [email protected]
Web: www.kenan-flagler.unc.edu
Blog: http://blog.kenan-flagler.unc.edu/tag/fulltimemba/
Twitter: @UNC_MBA

Active Chat Rooms

MBA LiveWire for UNC Kenan-Flagler

Application results in real time, submitted by site visitors.
December 12, 2017 8:31pm
Applied via email.
GPA: 3.83. NC.
December 12, 2017 12:41am
Accepted via email.
GPA: 2.8. GMAT: 760. Pakistan.
December 11, 2017 8:09pm
Rejected via email.
GPA: 2.75. GMAT: 710. US.
December 11, 2017 12:47pm
Accepted via email.
GPA: 3. GMAT: 690. India.
December 11, 2017 12:36pm
Rejected via email.
GPA: 3.60. GMAT: 670. Real Estate concentration.

DecisionWire for UNC Kenan-Flagler

?
Enrolled: Undecided
Admitted: Rice / Jones, SMU Cox, UNC Kenan-Flagler GPA: 3.52
Post-MBA Career: Technology
?
Enrolled: Undecided
Admitted: UNC Kenan-Flagler
GMAT: 740 GPA: 8.45/10
Post-MBA Career: Technology
Fuq
Enrolled: Duke / Fuqua
Admitted: Duke / Fuqua, Emory / Goizueta, UNC Kenan-Flagler
GMAT: 710 GPA: 4.0
Post-MBA Career: General Management
UNC
Enrolled: UNC Kenan-Flagler
Admitted: Emory / Goizueta, UNC Kenan-Flagler
GMAT: 640 GPA: 3.3
Post-MBA Career: Consulting

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