19. University of North Carolina Kenan-Flagler Business School
University of North Carolina Kenan-Flagler Business SchoolCB 3490, McColl Building
Chapel Hill, NC, 27599-3490
Admission Deadlines for Class of 2015:
Early Action: 10/19/12
Round One: 12/7/12
Round Two: 1/11/13
Round Three: 3/15/13
Think leadership when you consider UNC’s Kenan-Flagler’s MBA degree program. The school puts a heavy emphasis on the case-study method and group activities, putting extraordinary leadership at the core of almost everything. Students must complete all required core classes in the first year. They may also begin taking elective courses to better prepare for summer internships.
Year one also consists of a required integrative exercise. This exercise requires students to put together the methods they’ve learned in the core classes to solve complex problems. The format for the exercise is a study group based case competition.
UNC Kenan-Flagler offers eight career and enrichment concentrations; students can choose one or combine two concentrations specific to their needs. Or they can design their own course of general management study by choosing from a variety of electives.
Latest Up-to-Date MBA Rankings:
Poets&Quants (2012): 19
BusinessWeek (2012): 17
Forbes (2011): 16
U.S. News & World Report (2012): 19
Financial Times (2012): 56 (Global), 26 (U.S.)
The Economist (2012): 40 (Global), & 25 (U.S.)
As far as rankings go, the UNC Kenan-Flagler Business School had a reasonably steady year in 2012, with slight improvements in both the Financial Times and The Economist rankings. The school climbed four spaces in the FT survey to rank 26th among all U.S. schools, up from 30th a year earlier. UNC Kenan-Flagler also gained four places in The Economist’s latest ranking, climbing to 25th among U.S. schools, up from 29th in 2011.
The school, however, slipped one place in the new 2012 ranking by Bloomberg BusinessWeek, which largely measures graduate satisfaction and corporate recruiter sentiment, to 17th from 16th in 2010. Oddly, BusinessWeek awarded better scores in both the graduate satisfaction and recruiter portions of its new survey. The school improved its recruiter rank to 14, up from 17, while its graduate satisfaction rank moved up to 18th from 19th. Even the third and final component of the BW ranking showed improvement: the magazine gave the school a rank of 25th on intellectual capital, the publication of articles in scholarly journals by faculty, up from 26th in 2010.
So why did UNC Kenan-Flager drop one place in the overall ranking? Beats us. Of course, the list is dynamic and other schools probably showed slightly greatly improvement which is why Kenan-Flagler lost a step. We don’t think this is any big deal because one-place movements in a ranking tend to be statistically meaningless. And in this case, it doesn’t even make much sense given UNC Kenan-Flagler’s higher scores on all three elements of the BW survey.
Bottom line: With the exact same ranking from U.S. News & World Report, the school slipped one spot in Poets&Quants 2012 ranking of the best U.S. full-time MBA programs to 19th.
One graduate summed up the UNC Kenan-Flagler experience well for the BW survey, writing that “the school’s unparalleled collegiality differentiates it from most of its peers in that students form lasting, collaborative relationships from the outset. Rather than setting a competitive tone, the faculty and staff establish a community centered on team-based, collaborative initiatives centered around the school’s five core values of excellence, leadership, integrity, community, and teamwork.”
The school’s unparalleled collegiality differentiates it from most of its peers in that students form lasting, collaborative relationships from the outset. Rather than setting a competitive tone, the faculty and staff establish a community centered on team-based, collaborative initiatives centered around the school’s five core values of excellence, leadership, integrity, community, and teamwork.
MBA Program Consideration Set:
World’s Best Professors:
Tuition & Fees: $69,120 (resident)
Tuition & Fees: $107,984 (non-resident)
Median GMAT: 700
GMAT Range (mid-80%): 620-750
Average GPA: 3.30
Age Range: 22-40
Acceptance Rate: 43%
Full-Time Enrollment: 581
African American: 5%
Asian American: 11%
Hispanic or Latino American: 4%
Mean Age: 28
Average Base Salary for Class of 2012: $102,170
Average Signing Bonus: $24,600
Percentage of Class of 2012 MBAs with Job Offers at Graduation: 79%
Percentage of MBAs with Job Offers Three Months Later: 88%
Estimate of Total Pay over a 20-Year Career*: $2,607,451 (only 16 other U.S. business schools had higher career pay numbers)
Where The Class of 2012 Went To Work:
- Financial Services 27%
- Consulting 18%
- Pharma/Biotech/Health Care 11%
- Technology 10%
Top Employers of the Class of 2012:
- Deloitte Consulting 14
- Johnson & Johnson 11
- Bank of America 9
- Barclays 7
- Ernst & Young 5
Notes: MBA Program Consideration Set: If you believe you’re a close match to this school–based on your GMAT and GPA scores, your age and work experience, you should look at these other competitive full-time MBA programs as well. We list them by stretch, match and safety. These options are presented on the basis of brand image and ranking status.
* Payscale 2010 estimate for Bloomberg BusinessWeek.
From University of North Carolina Kenan-Flagler Business School:
Today’s most effective leaders have heads for business. Just as importantly, they have hearts, too. Their focus goes beyond the bottom line, incorporating the greater good.
UNC Kenan-Flagler has long understood what defines true business success & puts that understanding into practice. In & out of the classroom, through academic rigor & essential real-life learning experiences, we’re shaping exceptional leaders who make positive impacts on the corporations they lead & the communities they serve.
While all leading business schools impart core knowledge, we’re the only top-ranked school to integrate our core values of excellence, leadership, integrity, community & teamwork into the very fabric of the academic experience. As a result, our students come away with something more.
They are uniquely prepared to both excel in applying knowledge to drive results & to lead, collaborate & inspire to bring positive change.
Businesses in our global and increasingly transparent marketplace are now held to a higher standard. The most successful organizations place a premium on leadership, values and ethics. UNC Kenan-Flagler graduates emerge fully prepared to lead the way.
It’s the UNC Kenan-Flagler difference.
Full-Time MBA Program
The Full-Time MBA Program at UNC Kenan-Flagler provides a unique combination of customized curriculum and concentrations, a full suite of career services, and out-of-class leadership development activities. Students live full-time in Chapel Hill for 21 months, with weekday classes and a summer internship.
In addition to strengths in marketing, finance and consulting among other functional areas, our unique strengths lie in leadership, sustainable enterprise, real estate development and a new emphasis on healthcare.
Prepare to lead
We are recognized as having one of the very best and most comprehensive leadership programs in the world. Our Leadership program will hone your skills and guide your growth as a leader. We weave extensive real-life learning opportunities into our highly coordinated, flexible curriculum with a global perspective.
Students benefit from personalized coaching from faculty and senior executives, practical real-life learning techniques for applying leadership through our one-on-one, realistic exercises, and our one-of-a-kind Leadership Immersion where students devote eight weeks to action learning to enhance their leadership capabilities.
Flexible curriculum and team environment
Our first semester curriculum is front-loaded to teach the core business skills to become broadly literate in business. Later in the first year, students choose from an array of more than 100 elective courses tailored to their intended career or summer internship. Students are assigned to study groups of four to six students during their first year. These groups are carefully selected to maximize demographic and cultural diversity, while assuring a variety of career interests and work experiences.
Professors excel at both teaching and research at UNC Kenan-Flagler. Their unparalleled dedication to our students ensures that our graduates are prepared to deliver results for their organizations. Their research and expertise are sought by business leaders, academics and policy makers, and make an impact on the practice of business.
Concentrations and dual degrees
Our concentrations enhance our students’ ability to focus on a career direction.
A rich variety of dual degree programs allow students to combine their business education with studies in UNC’s highly rated graduate and professional schools. Students can also create their own dual degree course of study by combining programs from UNC and other top universities.
UNC Kenan-Flagler is a global business school in theory & practice—from a global perspective provided by our diverse faculty and student body, to our curriculum and opportunities to engage around the world.
Students can increase their global business and language competency in a Global Business Project, guided, hands-on business consulting projects with companies in global markets. They may study in other countries through Global Immersion Electives and Doing Business In courses, or through exchange programs with over 50 of the top-ranked business schools in Asia, Europe, Latin America, Africa and the Middle East.
Launch your career
Our diverse graduates are known for their unique balance of both quantitative and technical skills, and effective, principled leadership. They are results-driven leaders who make business an engine for positive global change.
UNC Kenan-Flagler has an outstanding reputation among top recruiters worldwide, built upon the success of our graduates in their organizations, the strength and commitment of our alumni, and the valuable work of our MBA Career Management Center (CMC). Whether you are changing careers or looking to move to the next level in your current field, the CMC will help you determine a plan of action and provide the exceptional staff, programs and resources to train, support and guide you on the right path.
Students average five years of full-time work experience with a minimum of two years required. Students are expected to have knowledge of financial accounting, statistics and microeconomics before they enroll. Students who have not had this coursework benefit from attending our Analytical Skills Workshop (ASW) before classes begin in August.
Review the class profile to get a sense of our student body, and our application requirements and deadlines for how to apply. Meet us in person or online at one of our upcoming events, or schedule a campus visits to learn more about the UNC Kenan-Flagler experience.
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