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Kenan-Flagler Business School – University of North Carolina

UNC Kenan-Flager Full-Time MBA Program Structure

The two-year UNC 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 estimates seven weeks. The time between completing the modules is split for various breaks in the academic year.

Curriculum

In the first year of the program, students must complete 15 credits worth of core courses and three additional requirements: a teamwork assessment, the Core Case Competition, and a Leadership Initiative Credit. A total of 63 credits are needed to complete the MBA program. Individual core courses are worth between 1.5 and 2.5 credits each, withe remaining credits used for electives. Core course topics include finance, microeconomics, marketing, accounting, and more. None of the core courses can be waived, except for the accounting core coursework for enrolled students that have already earned a CPA.

Kenan-Flager offers no specific MBA majors. However, six career concentrations, five enrichment concentrations, one focus area (family enterprise) are offered. Multiple methods of gaining international experience and exposure are also offered through the program. More than 50 MBA exchange partner schools are available through the UNC MBA, as well as the one-to-two-week “Doing Business In” immersion course. A semester-long Global Immersion Elective is also offered, with includes a 10-14 day trip through a select region.

Full-Time MBA Rankings

• U.S. News & World Report: 19 (tie)
• Bloomberg: 23 (U.S.); 26 (Global)
• Forbes: 16
• Financial Times: 52
• The Economist: 30

Class Profile

The UNC Kenan-Flagler MBA Class of 2020 features an estimated 276 students, with a median GPA of 3.4. The median GMAT score of the class is about 702, with 80 percent of students scoring between 650 and 750. Students entering Kenan-Flagler have a median age of 28, and a median of five years of work experience. Approximately 22 percent of students come from outside the U.S. Women make up approximately 28 percent of the class, while 14 percent of students identify as a member of a U.S. minority group.

Career Statistics

The most recent UNC Kenan-Flagler full-time MBA graduating class earned an average base salary of $116,543, with an average signing bonus of $28,130. Upwards of 94 percent of the class earned job offers within three months of graduation, with 92 percent accepting those offers.

The majority of grads joined the tech industry (21 percent), with financial services (20 percent), consulting (15 percent), and real estate (11 percent) following closely.

Tuition, Scholarships, and Financial Aid

North Carolina residents can expect to pay an annual tuition of $51,202, with out-of-state residents paying $66,324. Combined with living expenses, the total cost of the UNC Kenan-Flager MBA program is $76,824 for NC residents, and $91,946 for out-of-state-residents. Tuition rates are subject to change and are finalized during the summer prior to oncoming fall semester.

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

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.

Application deadlines are as follows:

Round One – Oct. 15 (Early Action)
Round Two – Dec. 10
Round Three – Jan. 14
Round Four – March 11 (If space is available)

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