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2001 FULL-TIME MBA PROFILE
University of North Carolina at Chapel Hill
Kenan-Flagler Business School
ENROLLMENT
2001/2002 Classes begin: Aug.
Year program was founded: 1952
Total graduate enrollment 960
Full-time 554
Part-time MBA students (on-campus) 0
Part-time MBA students (distance program) 0
EMBA 238
PhD program 57
Current total undergraduate business school enrollment 700
Increase in full-time students during last 12 months 5%
STUDENT PROFILE
Female students in class 29%
International students (1) 32%
Underrepresented minority (2) students 11%
Married n/a%
Percent students from following regions:
Africa 2%
Asia 15%
Central/South America, Mexico 10%
Eastern Europe 3%
Middle East 1%
North America
(Canada: 3% / U.S.: 97% ) 67%
Oceania 0%
Western Europe 4%
North American students by region:
Canada 3%
Mid-Atlantic U.S. 17%
Midwest U.S. 14%
Northeast U.S. 16%
South U.S. 38%
Southwest U.S. 6%
U.S. Possessions and territories 0%
West U.S. 6%
(1) Students from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
CLASS TRAITS
GMAT Scores
Average 674
Range (middle 80%) 600 - 740
TOEFL Scores*
Mean TOEFL score n/a
Minimum TOEFL score required 600
Work Experience (months)
Average 57
Range (middle 80%) 36 - 84
Enrolled students with less one year or less work experience n/a
Student Age (years)
Average 27
Range (middle 80%) 25 - 31
Salary
Average annual pay forgone to enter program $50,526
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee: $100
2,644 people applied to the full-time MBA program in 2001. The school accepted 24% (selectivity) of those applicants, and 44% of admitted applicants (yield) enrolled in the program.
The B-school placed n/a applicant(s) on its wait list, from which n/a were ultimately accepted. 6% of applicants had applied in prior years, and of those reapplicants 31% were accepted.
Female applicants 25%
International applicants (1) 48%
Underrepresented minority (2) applicants 6%
Interviews for MBA applicants are:
Required
In 2001, the B-school interviewed 55% of its full-time MBA applicants, and 100% of its admitted applicants.
(1) Applicants from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
INVESTMENT AND DEADLINES FOR CLASS OF 2004
Average total (not annual) cost of full-time MBA program
Resident $26,204
Nonresident $53,090
Expected monthly rent $750
Recommended annual budget (1) $41,325
Application deadline(s)
Oct. 26, 2001
Nov. 30, 2001
Jan. 11, 2002
Feb. 22, 2002
Deadline for scheduling an interview:
Nov. 30, 2001
Financial aid deadline(s):
Mar. 2002
First-year MBAs:
Average financial aid package $28,158
Range (middle 80%) $700 - $45,552
Average first-year scholarship awards (not including loans) $19,399
Second-year MBAs:
Average financial aid package $23,934
Range (middle 80%) $350 - $41,034
Average second-year scholarship awards (not including loans) $17,547
Full-time MBAs receiving financial aid through B-school 80%
Graduate assistantships offered to qualifying second-year MBAs? No
Graduate assistantships offered to qualifying first-year MBAs? No
Scholarships are merit or need based?Merit based
54 full-tuition scholarships were awarded by the school to full-time MBAs in past 12 months
Guaranteed loan? (2) Yes
Maximum amount students can borrow: $45,552
Average outstanding loans for 2001 graduates: n/a
(1) Student budget includes tuition fees and living expenses.
(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.
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