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2003 FULL-TIME MBA PROFILE
The University of North Carolina at Chapel Hill
Kenan-Flagler Business School

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments


Address: CB 3490, McColl Building
Kenan Drive
Chapel Hill, NC 27599-3490
E-Mail: mba_info@unc.edu
Web site: http://www.kenan-flagler.unc.edu/index.cfm
Directions to school


ENROLLMENT

2003/2004 Classes begin: Aug. 26, 2003

Year program was founded: 1952

Institution is: U.S., Public

Length of program: 21 months


Total graduate enrollment 1,031
Full-time MBA students 538
Part-time MBA students 0
Distance learning MBA students 0
EMBA students 315
PhD program students 67
 
Current total undergraduate business school enrollment 651
 
Change in full-time class size in last 12 months -5%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 27%
International students (1) 26%
Married students n/a

For U.S. schools only:
African-American students 8%
Asian-American students 7%
Hispanic-American students 5%
Native American students 0%
White (non-Hispanic) students 73%

Students from the following regions:
Africa 3%
Asia 13%
Eastern Europe, Central Europe and Central Asia 2%
Latin America and the Carribean 6%
Middle East n/a
North America
 (Canada: 1% / U.S.: 99%)
72%
Oceania n/a
Western Europe 4%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 17%
Midwest U.S. 5%
Northeast U.S. 19%
South U.S. 43%
Southwest U.S. 4%
U.S. Possessions and territories 1%
West U.S. 9%

(1) Students from countries other than the school's home country.


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 668
Range (middle 80%) 600 - 740

TOEFL Scores
Average TOEFL score 672
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 30 - 95
Enrolled students with one year or less of work experience 0%

Student Age (years)
Average 28
Range (middle 80%) 25 - 33

Salary
Average annual pay forgone to enter program $56,227



ADMISSIONS

Application fee (resident): $100

Application fee (nonresident): $100

2,001 people applied to the full-time MBA program in 2003. The school accepted 36% (selectivity) of those applicants, and 37% of admitted applicants (yield) enrolled in the program.

The B-school placed 877 applicant(s) on its wait list, from which 49 ultimately enrolled in the program. 14% of applicants had applied in prior years, and of those reapplicants 38% were accepted.

Applicant Profile:
Female applicants 23%
International applicants (1) 40%
Underrepresented minority (2) applicants 18%
Applicants with one year or less work experience 5%

Interviews for MBA applicants are:
Recommended
By invitation only

In 2003, the B-school interviewed 69% 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 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $30,280
Nonresident $60,508
 
Expected monthly rent $800
Recommended annual budget (Resident) (1) $34,558
Recommended annual budget (Nonresident) $49,922

2003-2004 Application deadline(s)
All applicants: Oct. 28, 2003
All applicants: Dec. 2, 2003
All applicants: Jan. 13, 2004
All applicants: Mar. 5, 2004

Rolling admissions? No

2003-2004 deadline(s) for scheduling an interview
All applicants: Jan. 30, 2004

2003-2004 Financial aid deadline(s):
All applicants: Jan. 13, 2004

First-year MBAs:
Average financial aid package $18,433
Range (middle 80%) $2,500 - $35,534
Average first-year scholarship awards (not including loans) $18,433

Second-year MBAs:
Average financial aid package $20,678
Range (middle 80%) $5,000 - $34,504
Average second-year scholarship awards (not including loans) $20,678
 

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Scholarships are Merit-based

45 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) Yes
Maximum amount students can borrow: $49,922

Average outstanding loans for 2003 graduates: $32,199

Financial aid Web site:
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.


CONTACTS

Dean Steve Jones
Hired as of Aug. 2003
 
Program director Debbi Clarke
 
Admissions director Sherry Wallace
 
Financial aid director Susan Brooks
 
Career services director Mindy Storrie
 
Alumni relations director Jeff Terry


 
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UNC INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays
School Tour

UNC PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
EMBA '03 | '01
Exec ed '03 | '01

UNC INFO
Admissions Q&A '02 | '99 | '97
Placement Q&A '04 | '00 | '98
Financial Aid Q&A '99 | |
Dean Q&A '01
Video Views Dean Steve Jones | Dean Robert Sullivan
B-School Calendar
Search for articles about UNC

UNC RANKINGS
Full-time MBA rank:
2004:  16    1994:  18    
2002:  18    1992:  10    
2000:  15    1990:  12    
1998:  19    1988:  8    
1996:  19    
BW ranking history

EMBA rank:
2003:  5    1997:  --    
2001:  5    1993:  --    
1999:  --    

Exec Ed rank:
2003:  20    1997:  13    
2001:  18    1993:  --    
1999:  13    1991:  10    



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