What is UNC Kenan-Flagler Business School?
The University of North Carolina’s business school is called UNC Kenan-Flagler Business School. Situated in Chapel Hill, North Carolina, and established in 1919, the institution provides undergraduate and graduate courses.
The Master of Business Administration (MBA) program at the UNC Kenan-Flagler Business School is well regarded for emphasizing leadership skills. Leading newspapers often include it among the top 30 MBA schools worldwide.
UNC Kenan-Flagler Business School Overview
The UNC Kenan-Flagler Business School, formerly the University of North Carolina’s Department of Commerce, was renamed in 1991 to honor philanthropist Mary Lily Kenan Flagler and her husband, Henry Morrison Flagler, as two of the school’s significant supporters. It was renamed in response to a sizable donation from another member of the Kenan family, Frank Hawkins Kenan.
Notable graduates include Michele Buck, CEO of The Hershey Company; Jason Kilar, co-founder of Hulu; and Hugh McColl, former CEO of Bank of America (BAC).
One of the unique student-run investment funds at the institution, with a total asset value of over $18 million, is one of its programs. Students may get practical experience in investment management by using this fund to make choices about investments across its thirteen member funds.
UNC Kenan-Flagler Business School provides a range of MBA programs at the graduate level, including full-time, evening, weekend, and online alternatives. Through a network of international exchange connections, students may study abroad with the help of global MBA programs. Ph.D. programs in organizational behavior, accounting, finance, marketing, operations and data management, strategy, and entrepreneurship are also available at the institution.
Figures
There are 242 students in Kenan-Flagler’s full-time MBA class in 2024. The class’s average GPA is 3.43, and its average GMAT score is 706. While the bulk of the class has an average of five years of job experience, they do not have a background in business.
At UNA, around 1,200 undergraduates and 1,800 MBA students are enrolled at Kenan-Flagler Business School. A 133-person full-time faculty specializing in finance, accounting, marketing, operations management, corporate communications, strategic planning, and organizational behavior meets their needs.
Compared to business schools such as Kellogg, Booth, or Wharton, the admission rate at this institution is somewhat higher. For the 2023–2024 academic year, Kenan–Flagler got 1,975 applications, according to U.S. News & World Report. A total of 709 applications were approved (34.9%).
Graduate students taking Kenan-Flagler tests must have a GMAT or GRE score. However, suppose you can demonstrate that you completed courses in STEM, business, economics, and other analytical disciplines at an American university and finished with a 3.2 GPA or higher. In that case, you may be eligible to request that your GMAT and GRE be waived.
You received a J.D., M.D., Ph.D., or M.S. in an advanced or terminal program in a business, economics, or STEM academic discipline.
You’ve worked as a professional in a quantitative or analytical subject for more than five years.
You possess a professional degree in CFA or U.S. CPA. You have achieved excellent scores on the Executive Assessment, LSAT, PCAT, or MCAT tests.
The university may assess your other notable and relevant achievements. UNC Kenan-Flagler Reputation and Standing
The MBA program at UNC Kenan-Flagler Business School was ranked the twenty-second best in the world in 2023 by U.S. News & World Report.
Hiring graduates is very noteworthy. MBA graduates at UNC Kenan-Flagler Business School received an average signing bonus of $30,359 and an average beginning salary of around $133,517 in 2022. According to employment data, 96% of job offers for the program are accepted, and 95% are accepted.
These graduates have traditionally found work in the technology, financial services, and management consulting industries, which are prevalent in modern American MBA schools.
Price of Attending UNC Kenan-Collier
Kenan-Flagler’s tuition fees for North Carolina residents are affordable as of 2023 compared to other prestigious business schools.
- $53,552 in tuition and fees
- Estimated living costs: $28,564
- Extra: $1,195
- Total for a year: $83,116
- Two-year program total: $166,622
Non-residents should budget more for:
- $71,364 in tuition and fees
- Estimated living costs: $28,564
- Extra: $1,195
- Total for a year: $101,123
- The program’s two-year total is $202,246.
Is UNC Kenan-Flagler a reputable college?
Among the best business schools in the world is Kenan-Flagler.
Is the MBA at UNC Kenan-Flagler worth it?
Ranked among the top 30 business schools, Kenan-Flagler is more affordable than its Ivy League or top 10 competitors. The cost-benefit ratio varies according to location, financial situation, and post-graduation employment prospects. The 96% job offer rate demonstrates how employers value and require graduates from this institution.
Regarding the UNC Kenan-Flagler MBA, what GPA is required?
There isn’t a minimum GPA needed, but you still need to complete the other standards and be able to compete intellectually with other candidates.
The Final Word
One of the most prestigious business schools in the world is the Kenan-Flagler School of Business at the University of North Carolina. Its strong employment rate and lower cost compared to many of its peer institutions make it a desirable choice for students interested in a business career.
Conclusion
- The UNC Kenan-Flagler Business School is a graduate and undergraduate business school.
- Its MBA program is often listed among the top 30 in the world and is renowned for stressing leadership abilities.
- S. News & World Report ranked it as the twenty-second-best MBA program in the world in 2023.