UNC Kenan–Flagler Business School

UNC Kenan-Flagler Business School
University of North Carolina
at Chapel Hill
UNC Kenan-Flagler Business School
Established 1919
Location Chapel Hill, North Carolina
Dean Dr. Douglas Alan Shackelford
Website UNC Kenan-Flagler Business School

Coordinates: 35°53′59″N 79°02′45″W / 35.8998°N 79.0457°W / 35.8998; -79.0457 The Kenan–Flagler Business School is the undergraduate and graduate business school at the University of North Carolina at Chapel Hill. The school offers a Bachelor of Science in Business Administration, Master of Business Administration (MBA), MBA for Executives, Master of Accounting, Ph.D., a business certificate program, as well as many executive education programs.

History

Established in 1919 as the Department of Commerce of UNC Chapel Hill's College of Arts, the School was renamed the Kenan–Flagler Business School in 1991 to honor two American business families and benefactors of the School: philanthropist Mary Lily Kenan Flagler and her husband, Henry Morrison Flagler. The renaming was in recognition of a generous gift from Frank Hawkins Kenan, another Kenan family member and benefactor of the School's Frank Hawkins Kenan Institute of Private Enterprise.

In 1997, the McColl Building opened at Kenan-Flagler to complete today's campus. With 191,000 square feet (17,700 m2), the McColl Building has more than tripled the space that the school occupied at Carroll Hall.

The Kenan and Flagler Families

Mary Lily's brother, William R. Kenan, Jr.,[1] discovered acetylene gas, which led to the creation of Union Carbide. Her husband, Henry Morrison Flagler, co-founded the Standard Oil Co. with John D. Rockefeller and is responsible for the development of Florida's eastern coast. Prior to his arrival in Florida, the state was virtually inaccessible except by ship. Flagler founded what eventually became known as the Flagler System Companies made up of railroad, shipping, real estate, and hotel development and utility companies. The system's flagship was the Breakers Hotel in Palm Beach.

In the 1790s, Mary Lily's great-great-grandfather, James Kenan, served on UNC's first board of trustees and contributed to the construction of Old East, the oldest public university building in the United States. Mary Lily's maternal great-great-grandfather, Christopher Barbee, donated more than 200 acres (0.81 km2) of his Orange County farm to the University, then about one-fifth of the campus.

Gifts to the University by the Kenan family total some $50 million to date and include such buildings as Kenan Stadium and the Kenan Center. The William R. Kenan Jr. Charitable Trust contributed $10 million to the Bicentennial Campaign for UNC to be used for the Kenan–Flagler Business School's new state-of-the-art building, $10 million for the Paul J. Rizzo Conference Center at Meadowmont, and $1 million for the Center for Entrepreneurship and Technology Venturing.

Programs

Kenan-Flagler offers its students five MBA degree programs.

In 2015, Kenan-Flagler launched a program to teach students about private investments and venture capital. The Institute for Private Capital (IPC) will leverage a relationship with Burgiss to use data for academic research, helping to build out a database that will cover topics such as debt funds, venture capital funds, and other private investments.[2]

Admissions requirements for the Full-time program include personal information, resume, academic transcripts, GMAT or GRE scores, TOEFL/IELTS/PTE scores for international applicants, three required essays (there is also one optional essay), and three professional recommendation letters.

In addition, you must interview with the school (on-campus, over the phone, via webcam, or off-campus with a designated alumni (available in certain cities)) in to receive a final "admit" decision. The admissions team for the FT program does not issue invitations to interview, rather you schedule the interview yourself via their application portal.

Rankings

Business school rankings
Worldwide MBA
Business Insider[3] 20
Economist[4] 22
Financial Times[5] 41
U.S. MBA
Bloomberg Businessweek[6] 17
Forbes[7] 13
U.S. News & World Report[8] 16
Vault[9] 19
U.S. undergraduate
Bloomberg Businessweek[10] 10
U.S. News & World Report[11] 7

MBA Full-time Program Rankings (additional to chart)

MBA for Executives Programs

MBA@UNC Online

MAC Program (Master of Accounting)

Executive Development (Non-Degree Programs)

Faculty

UNC Kenan-Flagler professors are immersed in the challenges of the business world through their research and teaching. They engage with executives when teaching in the MBA for Executives and Executive Development Programs, and consult with organizations around the globe. Their background is firmly rooted in academic excellence, coming from the world’s top universities, and professional experience:

The faculty’s global perspective stems from their research, their engagement in the world and their roots. They come to UNC from Australia, Austria, Brazil, Canada, China, Greece, India, Iran, Ireland, Italy, Spain, Thailand, Turkey, the Netherlands, the United Kingdom, the United States and Vietnam.

Curriculum

UNC Kenan-Flagler’s MBA degree program requires 63.0 credit hours and leverages a variety of learning environments and methodologies, including:

The MBA classes are designed with help from the school's corporate advisory boards. The classes will challenge and develop students in 3 areas recruiters say are essential for a student's career success:

  1. Asking the right questions and thinking like a general manager
  2. Working effectively as a leader and member of teams
  3. Speaking to groups and presenting the student's ideas persuasively

National Case Competitions

Case competitions are the varsity sport of MBA programs. Graduate schools and corporations sponsor these contests where students compete to solve "real world" business problems. Kenan-Flagler hosts three case competitions.

Student-Run Funds

UNC Kenan-Flagler’s has 3 student run investment funds

Undergraduate Business Symposium

Established by Kenan-Flagler professor Barry Roberts in 1983, the Undergraduate Business Symposium is a series of networking and professional development experiences which serve approximately 400 students and bring about 30 companies to the UNC campus every fall.[23] Its mission statement is: "to connect students, faculty, and executives in order to foster professional development through engaging corporate culture and current business practices," according to the event's website.

Typically taking place on the 3rd weekend of September, Symposium brings corporate executives and professors who teach, using an experiential approach, about different functional areas of business, such as marketing, finance, and operations, in addition to networking.[24] Companies also send recruiters and students seek internships and full-time job offers at the Symposium events. The Undergraduate Business Symposium is operated by the Core Committee, the group of students that oversees the execution of the event each year, with the support and oversight of the Undergraduate Program's administrators.

Diversity at Kenan-Flagler

UNC MBA students represent an array of races, gender, geography, cultures and lifestyles. They enroll with a broad range of functional and industry experience and pursue careers across a wide spectrum of opportunity.

UNC Kenan-Flagler participates in many organizations and events to recruit minority and female students. These efforts include membership to:

Kenan-Flagler organizes and/or participates in the following events and organizations:

Consortium for Graduate Study in Management The mission of The Consortium for Graduate Study in Management, an alliance of leading American business schools and some of our country’s top corporations, is to enhance diversity in business education and leadership by helping to reduce the serious under representation of African-Americans, Hispanic-Americans and Native Americans in both our member schools’ enrollments and the ranks of management. The organization strives to achieve this mission by recruiting for graduate business education qualified U.S. citizens and U.S. permanent residents from these underrepresented groups, as well as other persons who can demonstrate a commitment to The Consortium’s mission and can best assist The Consortium in pursuing this mission. The organization and scholarship are open to U.S. citizens and permanent residents who can demonstrate a commitment to the Consortium’s mission.

The Forté Foundation The Forté Foundation is an organization of top business schools and corporations whose mission is to increase the number of women in business. Each year, Forté Scholars are selected based on exemplary leadership and achievement. Scholars participate fully in the Forté Scholars programs. No separate application is required to be considered at UNC.

Prominent Alumni

See also

References

  1. ↑ "Kenan Center History. Retrieved 2011-1-21".
  2. ↑ deBruyn, Jason. "UNC's Kenan-Flagler launches program to teach venture capital, hedge funds". Triangle Business Journal. Retrieved 1 May 2015.
  3. ↑ "The 50 best business schools in the world". Business Insider. 2015. Retrieved 2016-02-06.
  4. ↑ "Full time MBA ranking". Economist. 2015. Retrieved 2016-02-06.
  5. ↑ "Global MBA Ranking". Financial Times. 2016. Retrieved 2016-02-06.
  6. ↑ "Best Business Schools 2016". Bloomberg Businessweek. 2016-11-16.
  7. ↑ "The Best Business Schools". Forbes. 2015. Retrieved 2016-02-06.
  8. ↑ "Best Business Schools". U.S. News & World Report. 2015. Retrieved 2016-02-06.
  9. ↑ "Best Business Schools". Vault.com. 2015. Retrieved 2016-02-09.
  10. ↑ "The Complete Ranking: Best Undergraduate Business Schools". Bloomberg Businessweek. 2016. Retrieved 2016-08-09.
  11. ↑ "Best Undergraduate Business Programs Rankings". U.S. News & World Report. 2015. Retrieved 2016-08-09.
  12. ↑ "Best Business Schools".
  13. ↑ "Beyond Grey Pinstrips".
  14. ↑ "PrivateEquityBlogger.com".
  15. ↑ "Princeton Review and Entrepreneur".
  16. ↑ "The Wall Street Journal". 29 September 2010.
  17. ↑ "Bloomber BusinessWeek".
  18. ↑ "Financial Times".
  19. ↑ "U.S. News & World Report". 25 January 2015.
  20. ↑ "Public of Accounting Report".
  21. ↑ "Financial Times".
  22. ↑ "Financial Times".
  23. ↑ About- Undergraduate Business Symposium
  24. ↑ Students-Undergraduate Business Symposium
  25. ↑ "Jack Bailey | GSK". Retrieved 2016-08-23.
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