Kenan-Flagler Business School – University of North Carolina - Full-Time MBA
UNC Kenan-Flager Full-Time MBA Program Structure
The two-year Kenan-Flager Business School full-time MBA program is built around case method studies and group activities, splitting students into groups of 70-75. Each semester of the program is broken into two separate modules, which last an estimated seven weeks. The time between completing the modules is split for various breaks in the academic year.
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.
Kenan-Flagler students are required to complete 14 core courses their first year along with a Core Case Competition. 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 62 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 10% 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.
Full-Time MBA Rankings
• U.S. News & World Report: 20
• Bloomberg: 18
• Forbes: 15
• Financial Times: 26
• The Economist: 22
Kenan-Flagler’s Class of 2022 has 344 students, with a median GMAT of 694 and a median GPA of 3.4. Altogether the new class averaged 4.5 years of pre-MBA work experience. Eight percent of students are international and women make up 31% of the class. Twelve percent identify as underrepresented minorities.
Eighty-six percent of Kenan-Flagler’s Class of 2020 received job offers within three months of graduation, and 85% of the class had accepted offers by that time. The average salary for this class was $126,957 while the average signing bonus was approximately $29,588. Thirty-six percent of graduates entered the financial world, while 26% went into consulting and 15% into general management. Another 14% of the class accepted marketing positions, with operations/logistics roles following at 4%.
The most popular industry for recently minted graduates was financial services, which attracted 19% of the Class of 2020. An additional 18% entered the tech industry, 16% to consulting, 13% in health care, 11% in real estate, and 5% in energy. Consumer packaged goods drew 4%, and retail claimed 3%.
Given the school’s location, Kenan-Flagler graduates unsurprisingly gravitated towards positions in the Southern U.S., with 37% of the class taking a job in that area. Another 16% of 2020 graduates left for the West, while 18% found work in the Northeast. Twelve percent of the class went to the Mid-Atlantic, while 5% left for the Midwest and 11% chose jobs in the Southwest.
Tuition, Scholarships, and Financial Aid
2021-2022 tuition for the UNC Kenan-Flagler full-time MBA is $66,840 for out-of-state residents and $51,152 for in-state residents. Tuition rates are subject to change and are finalized during the summer prior to the oncoming fall semester.
Cost of Attendance
State Resident $51,152
Out-of-state Resident $66,840
Health Insurance $2,616
Direct Loan Fee $258
Orientation Fee $345
Student Association Dues $550
U.S. residents can help provide funding for the degree through Federal Direct Unsubsidized Loans, Federal Direct Graduate PLUS Loans, and private loans. International residents can also fund their education with private loans, if necessary.
Full and partial scholarships are automatically awarded to an estimated 30 percent of enrolled students. Multiple fellowship opportunities are also available for domestic and international applicants, which can be viewed here.
Admissions for the UNC Kenan-Flagler Full-Time MBA
In order to apply for the UNC Kenan-Flagler full-time MBA program, the following must be submitted:
• A completed online application
• Official transcripts
• GMAT/GRE scores
• A résumé
• IELTS, TOEFL, PTE English proficiency test scores (if needed)
• Two letters of recommendation
• Proof of residency for NC applicants
• Two required essays and one additional, optional essay
• A $150 application fee (non-refundable)
All admitted applicants are subject to interviews.
2020-2021 UNC Kenan-Flagler Full-Time MBA Deadlines
|Round 1||October 13, 2020||September 29, 2020||December 14, 2020||January 11, 2021|
|Round 2||January 5, 2021||December 15, 2020||March 8, 2021||April 5, 2021|
|Round 3*||March 1, 2021||February 15, 2021||April 12, 2021||May 10, 2021|
|Round 4||April 12, 2021||March 29, 2021||May 24, 2021||June 7, 2021|
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