Poets&Quants Top Business Schools

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

#14

Contact our general manager with any questions. Profile updated: May 19, 2022.

Contact Information

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

Average Debt: 25,329 (as of 2020)

International: 10%

Minority: 18%

First generation college students: 12%

When do students declare their majors: Sophomore Year

Acceptance Rate: 11%

Acceptance Rate Transfers: Not Reported%

Average SAT: 1,422

Average ACT: 31

HS Class Top Ten: 75%**

*The total cost of the degree over four years for the most recent graduating class inclusive of school fees, room, board, or living expenses.

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

*** Please note that these statics are provided for the business school major only whenever possible. If a school does not track these statistics separately, then the university-wide statistics are provided.

The Kenan-Flagler Business School at the University of North Carolina at Chapel Hill ranked No. 14 this year, moving down 8 places from 2021’s No. 8. Although the B-school was trending upward in the rankings, it lost momentum slightly, regressing to the same ranking it earned in 2019.

Kenan-Flagler held strong in both internship and employment outcomes this year, with 97% of the Class of 2021 securing a business-focused internship before graduation, up from last year’s 96% for the Class of 2020, and 97.80% of the class landing a full-time job by the time of graduation, still excellent yet down from the Class of 2020’s 98.03%.

With an acceptance rate of 11.42, up about a tenth of a percentage from last year’s 11.51%, admission into Kenan-Flagler was more competitive this year than similar schools such as Emory University’s Goizueta, which had a 14.77% acceptance rate. The average SAT score for accepted students at Kenan-Flagler was 1422, still quite high but down from last year’s 1451.

Kenan-Flagler advertises its undergraduate business degree program as a “rigorous undergraduate business education with broad career applications.” And its impressive program offerings prove that. 

Undergraduate business majors at Kenan-Flagler are required to complete 10 core courses, six business electives, and five electives outside of business. Additionally, the Kenan-Flagler degree offers customization based on students’ interests and desired career trajectory. Business students can choose to complete up to two “Areas of Emphasis” (AOE) as part of their major ranging from fields such as consulting, entrepreneurship, investment banking, and more. 

2019 alums surveyed by Poets&Quants gave an 8.9 average rating for the quality of teaching in business courses at Kenan-Flagler.

STUDENT TEAMS ACHIEVING RESULTS (STAR)

One of the cornerstone programs at Kenan-Flagler is STAR, a program that matches teams of MBA and undergraduate business students with corporate partners to solve complex business challenges. Through the experiential program, students work on diverse teams on a real-life consulting project with a company or organization to solve a business problem and improve their performance. For many students, STAR offers an opportunity to experience collaborative teamwork in coming up with a business solution. 

“My team was assigned the only non-profit in that particular year’s suite of organizations, and this was a transformative way for me to understand how to work with people of different experience levels and address the unique challenges of mission-driven organizations,” one 2018 alum told us in the survey. “This helped inform my decision to join consulting, and to do so in a large company’s government practice so that I had the best of the private sector and public sector at my fingertips.”

Another unique program to Kenan-Flagler is the GLOBE program, an integrated and immersive 18-month curriculum where students gain first-hand exposure to foreign business operations and culture. 

The GLOBE program is essentially a full-year study abroad program at a partner university. Current GLOBE institutions include the likes of the Chinese University of Hong Kong and the Copenhagen Business School. Past locations have included Brussels, Shanghai, Washington, D.C., and Research Triangle Park in North Carolina.

Students travel in cohorts of around 54 students to an international destination where they study business with expertise from their chosen GLOBE institution. For instance, at the Chinese University of Hong Kong, GLOBE courses focus on case studies, international management issues, and the understanding of business climates around the world.

One 2018 alum who studied at both the Copenhagen Business School and the Chinese University of Hong Kong says that through the GLOBE program they “made lifelong friends, traveled the world, and received top-notch business education.”

GLOBAL IMMERSION EXPERIENCE

In addition to the GLOBE program, Kenan-Flagler offers other opportunities for undergraduate business students to travel the world and learn about business and culture firsthand. Roughly 73.47% of 2019 alums surveyed report engaging in some form of global immersion whether through a trip or project. 

For many, this experience is through a Global Immersion Elective, where students can partake in an immersion program and complete an internship in the same summer. 

The Global Immersion Elective program offers students a series of courses in Chapel Hill and intense, all-day in-country programming where students learn about the forces and factors that shape business in the region. Students visit companies and meet with business and government leaders as well as local students to learn about the region’s culture, social and political characteristics and economic development factors. 

“Global Immersion Electives were unique study abroad experiences as we had the opportunity to both learn about the local economy and then visit and interact with companies while there for a total immersive experience, rather than just taking classes,” one 2018 told us. “Traveling broadened my worldview and taught me skills that transferred over to my job.”

WELL PREPARED FOR THE WORLD OF WORK

When asked how well the business program at Kenan-Flagler prepared them for the world of work, 2019 alumni gave Kenan-Flagler a solid 8.8 average rating, a slightly higher score than Emory University’s Goizueta. 

Overall, the Kenan-Flagler program is right for students looking to get a solid and rigorous business education with opportunities to explore a variety of career applications and interests through programs such as STAR and GLOBE®. The school enrolls mainly North Carolina residents, but there is room for out-of-state students looking to gain a solid undergraduate business education from a renowned public university.

Alumni say:

“I held an internship with the Undergraduate Business School Office and worked with the career team, the study abroad office, admissions and the academic team my senior year of college. It gave me irreplaceable connections with the staff that I still keep up with post graduation and let me start applying my ‘real world’ skills while still in school.”

“I was enrolled in the Consulting Skills and Frameworks Class that primarily consisted of us taking real-world problems that actual businesses would come in and seek our solutions on. The strategies, presentation skills, frameworks, and confidence in problem-solving abilities gained in this course all continue to serve me on a daily basis in my career.”

“One key experiential learning experience I engaged with was the STAR Program, which created opportunities for undergraduates and MBA students to work together on a real-life consulting project with companies and organizations over the course of the semester.”

“I was a member of the Kenan Scholars program, hosted at the Kenan Institute for Private Enterprise. My cohort of peers shared the same values and interests as I did: applying business skills to complex challenges in the public and nonprofit sectors. The Kenan Scholars program gave me an outlet to truly explore what mattered most to me, through networking opportunities, seminar discussions, and even a funding internship experience abroad! I learned so much about myself during my two years.”

“I studied abroad for a semester in Pamplona, Spain through the Undergraduate Business Study Abroad Program. This was an unimaginable experience that improved my cultural understanding, Spanish language, and provided me with an experience that pushed me outside of my comfort zone, challenged me in numerous ways, and enabled me to learn from professors from across the globe.”

Where The Class of 2018 Went To Work:

EY – 23

Wells Fargo – 20

Deloitte – 18

JPMorgan – 11

Bank of America – 8

Capital One – 8

IBM – 8

Cisco – 7

Red Ventures – 7

BCG – 5

Procter & Gamble – 5

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