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2004 FULL-TIME MBA PROFILE
The University of North Carolina at Chapel Hill
Kenan-Flagler Business School
Address: CB 3490, McColl Building
Kenan Drive
Chapel Hill, NC 27599-3490
E-Mail: mba_info@unc.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 23, 2004

Year program was founded 1952
Institution is U.S., Public
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 1,041
Full-time MBA students 540
Part-time MBA students 0
Distance MBA students 0
Executive MBA students 316
PhD program students 63
Doctorate of Business Administration (DBA) students 0
 
Total undergraduate business students 660
 
Change in full-time class size in past academic year 5%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 29%
International students 1 28%
Married students 32%

For U.S. schools only:
African American students 4%
Alaskan Native of Pacific Islander American students n/a
Asian American students 3%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 1%
White (non-Hispanic) students 51%
Multiethnic/Multiracial students 2%
Not reported 9%
Other 3%

Students from the following regions:
Africa 1%
Asia 17%
Eastern Europe, Central Europe and Central Asia n/a
Latin America and the Caribbean 7%
Middle East 0%
North America
 (Canada: 2% / U.S.: 98%)
72%
Oceania 0%
Western Europe 3%

North American students by region:
Canada 2%
Mid-Atlantic U.S. 13%
Midwest U.S. 6%
Northeast U.S. 19%
South U.S. 44%
Southwest U.S. 5%
U.S. Possessions and territories 0%
West U.S. 12%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average652668676
Median660680680
Range (middle 80%)580-710n/an/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score n/a
Minimum TOEFL score required n/a

Work Experience (months)
Average 63
Range (middle 80%) 24 - 84
New entrants with one year or less of work experience 1%

Student Age (years)
Average 28
Range (middle 80%) 26 - 32

Salary
Average base salary forgone to enter program $52,246


ADMISSIONS

Application fee (resident) $110
Application fee (nonresident) $110

1,500 people applied to the full-time MBA program in 2004. The school accepted 47% (selectivity) of those applicants, and 40% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity47%36%30%
Yield40%37%46%

13% of applicants had applied in prior years, and of those reapplicants 52% were accepted.

The B-school placed 521 applicant(s) on its wait list. 183 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 26%
International applicants 1 35%

Interviews for MBA applicants are:
Recommended

In 2004, the B-school interviewed 84% of its full-time MBA applicants, and 97% of its admitted applicants.

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

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$36,000$30,280$29,950
Nonresident$67,000$60,508$57,860
Expected monthly rent $820
Recommended annual budget (Resident) 1 $35,592
Recommended annual budget (Nonresident) $51,016

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Oct. 28, 2004
All applicants:  Dec. 2, 2004
All applicants:  Jan. 13, 2005
All applicants:  Mar. 5, 2005

Rolling admissions? No

Deadline(s) for scheduling an interview
All applicants:  Jan. 28, 2005

Financial aid deadline(s)
n/a

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university

78% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 77% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, 25% received institutional scholarships, 0% received assistantships, and 72% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $34,884
Scholarships: Based on academic merit


30 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
All candidates are considered for scholarship


Average scholarship awarded $17,274
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow $39,687
Average outstanding loans for 2004 graduates n/a

Financial aid Web site


(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 Michael Stepanek
 
Admissions director Sherry Wallace
 
Financial aid director Susan Brooks
 
Career services director Mindy Storrie
 
Alumni relations director Jeff Terry

 
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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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