Poets&Quants Top Business Schools

University of North Carolina at Chapel Hill Kenan-Flagler Business School

#16

Contact Information

Location:
Kenan-Flagler Undergraduate Business Program
Campus Box 3490, McColl Building
Chapel Hill, NC 27599-3490
Admissions Office:
919-962-3235

Total Cost (In-State): $99,562*

Total Cost (Out-of-State): $205,864*

Graduates With Jobs 90 Days After Graduation: 87%

Acceptance Rate: 14.3%

Average SAT: 1301

Average ACT: 29

National Merit Scholars: 16.3%

HS Class Top Ten: 77%*

When do students declare their majors: Junior Year

*Total Cost In-State and Out-of-State is the estimated total cost of earning the degree over four years including tuition, fees, room, board, and living expenses for the most recent graduating class.

* HS Class Top Ten is the percent of the student population that graduated high school in the top ten percent of their class.

The University of North Carolina-Chapel Hill Kenan-Flagler Business School is one of the most elite public business schools in the nation. The two-year program consistently ranks near the top of Bloomberg Businessweek and U.S. News rankings. And its 16th place finish in the Poets&Quants ranking proves the school is still in elite company. With an acceptance rate of 14.25%, it ranks among the most difficult schools to gain entrance. The acceptance rate for the fall of 2016 was 30%, but then less than half (47.5%) of sophomores at UNC are accepted into Kenan-Flagler, according to school data. A simple calculation shows out of 100 high school students wanting to study business at UNC, only about 14 actually get to do so.

After gaining entry to the school for junior year, students must complete 10 core courses before moving into the elective courses. In the electives, students may focus on a certain area of business. For example, Kenan-Flagler boasts 15 entrepreneurship electives and 20 finance electives — the two most robust areas of study out of nine different business areas. According to an interview with undergraduate dean Lawrence Murray, one of the best selling points of the school is its small size and student access to top administrators.

“Our dean meets with 15 students every other week for either breakfast or lunch, so by the end of the academic term he’s had the opportunity to meet first-hand a large majority of students,” he told Poets&Quants in 2014.

Another selling point is the cost. North Carolina residents can earn the degree for less than $100,000 in four years of total cost — an amount that is by far one of the cheapest for the top schools on the Poets&Quants ranking.

Kenan-Flagler placed ninth in the most recent U.S. News ranking and seventh in the Bloomberg Businessweek ranking. Its 16th place finish in the Poets&Quants ranking is likely because of its employment data, which also ranked 16th. Kenan-Flagler’s 87% placement rate is lower compared to many of the other top business schools. However, the 87% that did get jobs were well compensated. The average salary for 2016 graduates was $66,330. Once signing bonuses were accounted for, the average total compensation was over $70,000 for recent Kenan-Flagler graduates.

For an in-depth interview with Dean Murray, go here.