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UNC Kenan-Flagler Business School Overview

UNC Kenan-Flagler Business School

Investopedia / Yurle Villegas

Definition
The UNC Kenan-Flagler Business School is the business school at the University of North Carolina.

What Is UNC Kenan-Flagler Business School?

UNC Kenan-Flagler Business School is the University of North Carolina's business school. Founded in 1919 and located in Chapel Hill, North Carolina, the school offers both undergraduate and graduate programs.

The UNC Kenan-Flagler Business School is well-known for its Master of Business Administration (MBA) pr✤ogram, which places a high level of emphasis on leadership ability. It is commonly ranked among the 30 best MBA programs worldwide by leading publications.

Key Takeaways

  • UNC Kenan-Flagler Business School is a business school offering both undergraduate and graduate programs.
  • Its MBA program is known for emphasizing leadership skills and is consistently ranked in the top 30 programs worldwide.
  • In 2023, it was rated as the world’s twenty-second-best MBA program by U.S. News and World Report.

Overview of UNC Kenan-Flagler Business School

Previously known as the University of North Carolina’s Department of Commerce, the UNC Kenan-Flagler Business School received its current name in 1991 in recognition of two major benefactors of the school, 澳洲幸运5官方开奖结果体彩网:philanthropist Mary Lily Kenan Flagler and her husband, Henry Morrison Flagler. The renaming was in response to a large gift from Frank Hawkins Kenan, another Kenan family member.

Fast Fact

Notable school alum are Hugh McColl, former CEO of Bank of America (BAC); Jason Kilar, co-founder of Hulu; and Michele Buck, CEO of The Hershey Company.

The school’s programs include an innovative student-run investment fund with more than $18 million in combined assets. Through this fund, students can learn the principles of investment management hands-on by making real-world investment decisions across 13 different constituent funds.

At the graduate level, UNC Kenan-Flagler Business School offers a variety of MBA programs, including full-time, evening, weekend, and 澳洲幸运5官方开奖结果体彩网:online options. Global MBA programs are also available, allowing students to study abroad through a network of international exchange partnerships. The school also offers Ph.D.s in accounting, finance, marketing, operations and data management, organizational behavior, and strategy and entrepreneurship.

Statistics

The full-time MBA class of 2024 at Kenan-Flagler is 242 students. The class has an average GMAT score of 706 and 💎an average GPA of 3.43. The majority of t꧂he class does not have a business background but has an average of five years of work experience.

UNC Kenan-Flagler Business School is home to about 1,800 MBA students and 1,200 undergrads. They are met by a full-time faculty of 133 members, with specializations in areas such as finance, 澳洲幸运5官方开奖结果体彩网:accounting, corporate communications, 澳洲幸运5官方开奖结果体彩网:marketing, operations management, strategic planning, and organizational behavior.

The school has slightly higher acceptance rates than business schools like Kellogg, Booth, or Wharton. According to U.S. News and World Report, Kenan-Flagler received 1,975 applications for the 2023-2024 school year. There were 709 applicants accepted (35.9%).

Testing

Kenan-Flagler requires a GMAT or GRE score for its graduate students. However, you can apply to have the GMAT or GRE waived if:

  • You graduated with a 3.2 GPA or above and coursework in STEM, business, economics, or analytical fields from a U.S. institution
  • You earned an advanced or terminal degree in J.D., M.D., Ph.D. or M.S. degree within a STEM, business, or economics academic field
  • You have 5+ years of professional experience in a quantitative or analytical field
  • You hold a CFA or U.S. CPA professional certificate
  • You have strong test results from the Executive Assessment, LSAT, PCAT, or MCAT
  • You have other noteworthy and related accomplishments the school can evaluate

UNC Kenan-Flagler Reputation and Standing

In 2023, U.S. News and World Report rated the UNC Kenan-Flagler Business School MBA program as the twenty-second-best MBA program in the world.

Graduate employment is also notable. UNC Kenan-Flagler Business School MBA grads saw an average starting salary of roughly $133,517 in 2022 and average signing bonuses of $30,359. Employment statistics for the program show a 96% job offer rate and a 95% job offer acceptance rate.

Historically, these grads have found employment in the 澳洲幸运5官方开奖结果体彩网:management consulting, financial services, and technology sectors, which are common among contemporary American MBA programs.

Costs to Attend UNC Kenan-Flagler

As of 2023, the costs to attend Kenan-Flagler are modest for North Carolina residents compared to other top-tier business schools:

  • Tuition and fees: $53,552
  • Living expenses (est.): $28,564
  • Other: $1,195
  • One year total: $83,116
  • Program total (two years): $166,622

Non-residents can expect to pay more:

  • Tuition and fees: $71,364
  • Living expenses (est.): $28,564
  • Other: $1,195
  • One year total: $101,123
  • Program total (two years): $202,246

Is UNC Kenan-Flagler a Good School?

Keܫnan-Flagler is one of the top-rated business schools in the world.

Is UNC Kenan-Flagler MBA Worth It?

Kenan-Flagler is rated in the top 30 business schools, and it cos⛎ts less than its Ivy League or top 10 peers. Whether it is worth the cost depends on your location, budget, and career outlook after graduating. The school h꧂as a 96% job offer rate, suggesting employers respect and demand its graduates.

What GPA Do You Need for UNC Kenan-Flagler MBA?

There is no GPA requirement, but yo🌊u must be able to compete with other applicants academically and meet other requirements.

The Bottom Line

The University of North Carolina's Kenan-Flagler School of Business is one of the most noteworthy business schools in the world. It is more affordable than many of its peer schools and has a high employment rate, making it an attractive option for those pursuing a business career.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
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