UNDERGRADUATE Profiles Publish Date 2/26/09

University of North Carolina-Chapel Hill

Kenan-Flagler Business School

Getting In

PROGRAM BASICS

BSBA Program, UNC Kenan-Flagler

CB 3490, McColl Building
Chapel Hill , North Carolina 27599-3490

Public Institution

Web site

http://www.kenan-flagler.unc.edu/programs/bsba/index.cfm

Program e-mail address:

bschool_undergrad@unc.edu

Program telephone number:

(919) 962-3235

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1919

Length of entire institution:

Four Year

Business program length:

Two Year

Degrees offered:

Degree/Program Name:
Bachelor of Science degree in Business Administration (BSBA)

PROGRAM COSTS

Annual Tuition (Resident):

$ 3,705

Annual Tuition (Non-Resident)

$ 20,603

Cost per academic credit (resident)

$ 154

Cost per academic credit (non-resident)

$ 859

Required fees

$ 1,692

Books:

$ 1,000

Room and board:

$ 8,118

ENROLLMENT

Full-time undergraduate business student enrollment:

632

Part-time undergraduate business student enrollment:

Total College enrollment for 2008-09:

28,567

ADMISSIONS

Interviews for entire college:

Not offered

Additional application requirements for entire college:

All requirements are listed at http://www.admissions.unc.edu/applying/index.html. We have them listed separately for international students, transfer students and freshmen.

Upcoming application deadlines for entire college:

Semester: fall
Deadline: 11-03-2008
Semester: fall
Deadline: 01-15-2009

Freshmen admitted into business program:

Are the freshman admits to the business program required to complete pre-business courses before beginning upper-lever courses in the junior year?

Internal transfers handled by:

Separate application

Minimum requirements for business program:

Entrance exam requirement other than SAT/ACT for business program:

Interview to enter business program:

By invitation only

Additional application requirements for freshman admits:

N/A

Additional requirements for internal transfers:

The average GPA of all admitted students is 3.5 (on a 4.0 scale).

Total number of full-time applications for entire college:

21,507

International applicants, entire college, 2008-09:

5 %

Female applicants, entire college, 2008-09:

59 %

Selectivity--applicants admitted to undergraduate business program, 2008-09:

34 %

Yield -- applicants enrolled in undergraduate business program, 2008-09:

53 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Very Important

Talent/Ability:

Considered

Interview:

Not Considered

Extracurricular Activities:

Very Important

Volunteer Work:

Important

Character/Personal Abilities:

Very Important

Application Essay:

Very Important

Work Experience:

Important

SAT/ACT Scores:

Very Important

Recommendations:

Very Important

High School GPA:

Very Important

Admissions program managed by:

The business program office

Total undergraduate business program applicants, 2008-09:

531

Applicants enrolled in undergrad business program 2008-2009:

99 %

Applicants admitted to undergraduate business program, 2008-09:

64 %

CLASS PROFILE

Class Profile:

Female: 36 %
International : 9 %

Entering students by age:

Mean: 21
Median: 20

Citizenship of Entering Students

U.S.: 91 %
Canada: 1 %
Other countries: 8 %
Unknown: 0 %

Percentage of US citizens in entering class who are:

African American: 5 %
Asian American: 8 %
Hispanic or Latino American: 7 %
Multiethnic/Multiracial : 0 %
Native American: 0 %
White (Non-Hispanic): 76 %
Chose not to report: 0 %
Other: 4 %

Entering students from the following region:

Northeast: 6 %
Mid-Atlantic: 7 %
South: 80 %
Southwest: 3 %
Midwest : 4 %
West: 1 %
Possessions and territories: 0 %

SAT Scores for full-time entering business students on 1600 scale:

Mean: 1335
Median: 1330

SAT middle 50% range on 1600 scale:

From: 1,330
To: 1,410

Mean: N/A Median: N/A

From: N/A To: N/A

Percent of Students Who Were In:

HS GPA of 3.75 or higher

81 %

HS GPA of 3.5 to 3.74:

4 %

FINANCIAL AID

Financial aid handled by:

Central financial aid office at the university

Institutional scholarship money distributed to undergraduate business students in previous academic year:

$ 1,862,322

Scholarships awarded to students in the business program based on:

A combination of need and merit

Scholarship consideration process:

Unique scholarship application

Other scholarship considerations:

N/A

Students receiving institutional scholarships for 2008-09 academic year:

37 %

Undergraduate business students with full-tuition scholarships 2008-09:

12 %

Percentage of institutional scholarship money distributed to business students based on merit, 2008-09 year:

41 %

Percentage of institutional scholarship money distributed to business students based on need, 2008-09:

59 %

School offers guaranteed loans:

Financial aid web site

http://studentaid.unc.edu/

Academics & Lifestyle

PROGRAM BASICS

Freshman retention rate:

96 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BS
Hours: 120

Other degree requirements:

Required coursework that includes a minimum of 3 credit hours in global business electives; business computing skills; a minimum of 15 hours outside the business school (liberal arts) during junior-senior year

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Class size:

Classes with fewer than 20 students: 28 %
Classes with 21 to 50 students: 68 %
Classes with more than 50 students: 4 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

Elected Leaders: Applied Leadership Development
Consulting Skills and Frameworks
Innovation and Entrepreneurship in Developing Economies
Family Business: Ownership and Wealth Management
Alternative Investments and Financial Risk Management

Year of the last major change to the business program's core curriculum:

2005

Leading areas of study:

Consulting

Entrepreneurship

Finance

International Business

Marketing

General Management

Special programs for business students:

GLOBE, an international 1.5 year student exchange partnership between Chinese University of Hong Kong & Copenhagen Business School; Carolina Challenge, entrepreneurial business plan competition; Undergraduate Business Symposium, one of the largest student-run career exploration events in the US; STAR student consulting projects; undergraduate case competitions; BSBA Leadership Initiative: leadership simulations, talent and strength assessment and evaluation, applied learning opportunities.

Business program offers work study or co-op opportunities:

Business program offers study abroad opportunities:

Yes

Study abroad program description:

GLOBE (1. 5 year student exchange partnership between Copenhagen Business School and Chinese University of Hong Kong), 15 semester exchange programs, 1 semester study abroad, 2 full length summer programs, 7 short-term summer global immersions, and 1 international internship program

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

"The House that Kenan-Flagler Built" Habitat for Humanity project. Build teams include undergraduate and graduate students, faculty and staff working together. Most undergraduate student clubs also have a required service component for members.

Business clubs and extracurricular activities:

Finance Investment and Real Estate Clubs
Minority Business Student Alliance and Out for Business GLBT Club
International Business Club and AIESEC
Carolina Women in Business
Consulting Entrepreneurship and Family Enterprise Clubs
Campus SMART Initiative
Business fraternities: Delta Sigma Pi & Alpha Kappa Psi
BSBA Student Government

FACULTY

Faculty:

Full-time faculty : 58
Percentage of permanent/tenured professors who are women: 5
Percentage of permanent/tenured professors who are underrepresented minorities: 1
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: 9
Percentage of permanent/tenured professors who are business owners: 7

Prominent faculty:

Valarie A Zeithaml
Jan-Benedict EM Steenkamp
Jennifer Conrad

STUDENT LIFE

Largest on-campus organizations for business students:

Consulting Club
Investment Club
Carolina Women in Business
Delta Sigma Pi
Campus Smart Initiative

Freshmen are required to live on campus:

Business students are grouped in learning communities:

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

All student areas were completely renovated in 2008. 24 new full-technology study/work rooms were created to increase student collaboration. A new high-technology Capital Markets Laboratory and full function computer lab with multi-media editing capabilities were also completed. LCD flat screen display monitors installed in various locations to facilitate information delivery. Wireless access and on-site support of personal laptops continues for all students.

Trading laboratory available:

Yes

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

23,408

Total living alumni:

19,299

Percent of alumni who gave, 2007-08 academic year:

28 %

Mean alumni gift 2007-08:

$ 2,953

Median alumni gift, 2007-08:

$ 200

Single donation in excess of $10 million in 2007-08?

Prominent alumni:

Name: Gary Parr
Title: Deputy Chairman, Lazard Freres and Co.
Name: Hugh McColl
Title: Retired Chairman and CEO, Bank of America
Name: John Allison
Title: Retired president and CEO, BB&T Corporation

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

84 %

Seeking full-time employment in business: 72 %
Not Seeking full-time employment in business: 28 %

Number of companies recruiting undergraduate students on campus in previous academic year:

148

Companies that posted full-time job offers/positions on school job boards, previous academic year:

1,088

Other activities and services provided for business majors:

Undergraduate Business Symposium, alumni databases and employer contact mining tools, career consultants, career expos (4 annual), Career Panels & Workshops, Networking Nights, Mock Interviews (with Career Counselors & Corporate Partners), Interview Stream, NYC Interview Day, Access to Online Career Exploration Tools, Archived Job Postings, Resume Referrals, 1:1 Counseling, Career Testing, Resource Library, Resume Creation Tool, International Internship Opportunities, Leadership Development.

Job offer results, 2008 graduates:

Received first job offer by graduation: NA %
Received first job offer in three months following graduation: NA %
Received first job offer more than 3 months after graduation: NA %
Did not report having received a job offer: NA %
Accepted first job offer by graduation: 79 %
Accepted first job offer in three months following graduation: 4 %
Accepted first job offer more than 3 months after graduation: 3 %
Did not report having accepted a job offer: NA %

Top hiring firms:

Bank of America Corp.
Kraft
General Mills
KPMG LLP
Goldman Sachs Group
Morgan Stanley

Sun Trust
BB&T
Deloitte Consulting LLP
Wachovia
Navigant Consulting
Stockamp & Associates, A Huron Consulting Group
McColl Partners
Morgan Keegan
The Hershey Company
Triage Consulting Group

Graduate compensation:

Mean base salary: $ 52,092
Median base salary: $ 53,500
Mean signing bonus: $ 6,950
Median signing bonus: $ 6,750
Mean other guaranteed compensation: $ 23,538
Median other guaranteed compensation: $ 10,000

Grads accepted jobs in following functional areas:

Consulting: 19 %
Finance/Accounting: 52 %
General Management: 2 %
Marketing/Sales: 15 %
Other: 12 %

Grads accepted jobs in following industries:

Accounting: 4 %
Consumer Products/Retail: 5 %
Consulting Services: 17 %
Financial Services: 49 %
Government/Education: 2 %
Pharma/Biotech/Health: 4 %
Manufacturing: 4 %
Media/Entertainment: 1 %
Real Estate: 1 %
Transportation: 1 %
Other: 12 %

Percentage of job acceptances, US and Canada:

US: 99 %
Canada: 1 %

Grads accepted jobs in the following US regions:

Northeast: 18 %
Mid-Atlantic: 16 %
Midwest: 2 %
South: 54 %
Southwest: 3 %
West: 2 %

Number of companies recruiting interns on-campus, 2007-08 academic year:

Internship postings on job boards, previous academic year:

497

Top internship recruiters, 2007-08:

Bank of America Corp.
Merrill Lynch
Goldman Sachs Group
Lehman Bros.
PricewaterhouseCoopers

Franklin Street Partners
Hanesbrands
SunTrust
Northwest Mutual Financial Network
University Directories
BB&T
Koroberi, Inc.
Morgan Keegan
Self-Help Credit Union
Wachovia

Percentage of internships that were paid, previous academic year

57 %

Mean internship compensation per week:

$ 560

Median internship compensation per week:

$ 520

Average internship, in weeks:

Graduate Comments

During B-school orientation, students who were not from the United States were asked to stand up, almost one third of the room stood. The wide range of backgrounds and views added a new dimension to classroom discussions.

I have thoroughly enjoyed my undergraduate business experience so far, I enjoy most of my classes as well as the focus on teamwork. This emphasis has allowed me to build much deeper relationships with other students than I would have if we merely sat next to each other in class for a semester.

I participated in the Global Learning Opportunities in Business Education (GLOBE) program, which allowed me to study with brilliant business students on 3 continents (15 students from UNC, 15 students from the Copenhagen Business School, and 15 students from the Chinese University of Hong Kong): we spent a semester in Denmark studying European styles of business and corporate response to European integration, a summer in Hong Kong, China studying Chinese marketing and Asian styles of business, and now this semester we're all at UNC Kenan-Flagler Business School studying American entrepreneurship, venture capital & private equity. This has been a unique and amazing experience, and has led to my receipt of several high-caliber job offers.

Searching and obtaining an internship was unbelievably difficult, even from a top five undergraduate business program. Moreover, many of the banking and consulting jobs that I was seeking went to non-business majors, leading me to often question whether or not a general college major would have been a better choice for obtaining an internship/job.

We study a wide range of business topics rather than focusing in one area. This makes each student well rounded and adaptable. There is also a strong emphasis on teamwork and building relationships within the program.

I love Kenan-Flagler because the professors constantly challenge us, but they also make us feel comfortable and encourage us to use them as a resource. Every professor let me know that it would be tough, but that they ultimately wanted me to succeed and would do everything they could to get me there. The administration of the business school is also fantastic. They are constantly reaching out to students, asking for our input, and trying to make our experience as enjoyable and practical as possible.

I think Kenan-Flagler fosters teamwork among the students. There aren't cut-throat people who aren't willing to study together. We also share space with the MBA's which helps interaction amongst all business students and the opportunity for undergraduates to take MBA classes.

What makes Kenan-Flagler unique is the integration of a core set of undergraduate courses (marketing, operations, finance, law, organizational strategy, analytical analysis, communications, etc.) with real world speakers/cases and the way coursework can be implemented.

The school is unique because of the combination of having the resources of a large public University (including Division 1 sports) while having the cost and size benefits of a small private school.

The amount of resources that program has to offer in the fields of finance, accounting, and consulting are extraordinary. The programs that the run, including the STAR program (consulting) and the trading room (finance) are assets that simply don't exist at any other programs that I've seen.

The new Capital Markets Lab is an incredible resource that is now available at Kenan-Flagler. As a senior I have moved into my classes to fulfill my finance concentration, all of which are in this new lab. The lab offers 2 Bloomberg terminals as well as Reuters and FactSet access for all students. Classes are now tailored to include special seminars and workshops to relate our course materials, such as derivatives or fixed income, to the real world tools that we will be using as professionals.

We have a large population of international students who bring a completely new perspective to our classroom and group settings. My parents are from Guatemala and so I already can distinguish a difference in cultures but at the same time, I love to speak with students from Spain, Italy, China, etc. to get their perspective on business and our differing lifestyles.

Since there is a competitive admission process after you have spent 3 semesters at UNC, the caliber of the students is much higher than the overall student population. We undoubtedly have an achievement culture, where we expect each other to work hard and perform in group activities. Every single class we take at this school has at least one major group project. These allow us to practice teamwork skills constantly, get to know many classmates we wouldn't otherwise interact with, and develop excellent communication skills.

The school really does act in the best interests of its students. There are no hidden agendas; faculty clearly care about the subject they are teaching and never hesitate to offer help when a student does not understand. The facilities and classrooms are also all equipped with state of the art technology. The program also offers many unique opportunities such as the GLOBE international learning program, and study abroad programs.

The ability to combine a business degree with a liberal arts foundation makes UNC's Kenan-Flagler Business School unique. With two years of foundational learning on a wide variety of subjects, the business major undergraduate is a much more intelligent graduate entering the job market than an individual that devoted four years of study to business alone.