UNC Kenan–Flagler Business School
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|UNC Kenan-Flagler Business School|
University of North Carolina|
Chapel Hill, North Carolina
|Dean||Douglas A. Shackelford|
Coordinates: The Kenan–Flagler Business School is the undergraduate and graduate business school at the University of North Carolina at Chapel Hill. The school offers a Bachelor of Science in Business Administration, Master of Business Administration (MBA), MBA for Executives, Master of Accounting, Ph.D., a business certificate program, as well as many executive education programs.
Established in 1919 as the Department of Commerce of UNC Chapel Hill's College of Arts, the School was renamed the Kenan–Flagler Business School in 1991 to honor two American business families and benefactors of the School: philanthropist Mary Lily Kenan Flagler and her husband, Henry Morrison Flagler. The renaming was in recognition of a generous gift from Frank Hawkins Kenan, another Kenan family member and benefactor of the School's Frank Hawkins Kenan Institute of Private Enterprise.
In 1997, the McColl Building opened at Kenan-Flagler to complete today's campus. With 191,000 square feet (17,700 m2), the McColl Building has more than tripled the space that the school occupied at Carroll Hall.
The Kenan and Flagler Families
Mary Lily's brother, William R. Kenan, Jr., discovered acetylene gas, which led to the creation of Union Carbide. Her husband, Henry Morrison Flagler, co-founded the Standard Oil Co. with John D. Rockefeller and is responsible for the development of Florida's eastern coast. Prior to his arrival in Florida, the state was virtually inaccessible except by ship. Flagler founded what eventually became known as the Flagler System Companies made up of railroad, shipping, real estate, and hotel development and utility companies. The system's flagship was the Breakers Hotel in Palm Beach.
In the 1790s, Mary Lily's great-great-grandfather, James Kenan, served on UNC's first board of trustees and contributed to the construction of Old East, the oldest public university building in the United States. Mary Lily's maternal great-great-grandfather, Christopher Barbee, donated more than 200 acres (0.81 km2) of his Orange County farm to the University, then about one-fifth of the campus.
Gifts to the University by the Kenan family total some $50 million to date and include such buildings as Kenan Stadium and the Kenan Center. The William R. Kenan Jr. Charitable Trust contributed $10 million to the Bicentennial Campaign for UNC to be used for the Kenan–Flagler Business School's new state-of-the-art building, $10 million for the Paul J. Rizzo Conference Center at Meadowmont, and $1 million for the Center for Entrepreneurship and Technology Venturing.
|Business school rankings|
|U.S. News & World Report||16|
|U.S. News & World Report||7|
MBA Full-time Program Rankings (additional to chart)
- US News and World Report
- 7th in undergraduate business
- The Vault's Ranking of Best MBA programs
- 16th in the United States
- Beyond Grey Pinstripes (Aspen Institute)
- 7th in the United States
- 5th of the best business schools for private equity
- Princeton Review and Entrepreneur
- 11th for graduate programs in entrepreneurship
MBA for Executives Programs
- The Wall Street Journal ranked the Weekend Program: 10
- Bloomberg BusinessWeek for the Weekend Program: 11
- Financial Times ranked OneMBA 29th in 2016
MAC Program (Master of Accounting)
- Public of Accounting Report: 7
Executive Development (Non-Degree Programs)
Program and Curriculum
UNC Kenan-Flagler’s MBA degree program requires 63.0 credit hours and leverages a variety of learning environments and methodologies, including:
- Case-study method
- Interactive lecture
- Small group activities
- Live simulation
- Real-world business partnerships
A number of different MBA program are available, including full-time, online, and evening/weekend offerings. MBA@UNC delivers the same MBA program but in a virtual environment. The online MBA program can be completed in 18–36 months.
MBA@UNC started in 2012 and includes concentrations in Data-Analytics and Decision Making, Entrepreneurship, Finance, Marketing and Strategy and Consulting. MBA@UNC has been ranked a top online MBA program by numerous publications. The curriculum lays a broad business foundation with an emphasis on strategic leadership.
Diversity at Kenan-Flagler
UNC MBA students represent an array of races, gender, geography, cultures and lifestyles. They enroll with a broad range of functional and industry experience and pursue careers across a wide spectrum of opportunity.
UNC Kenan-Flagler participates in many organizations and events to recruit minority and female students. These efforts include membership to:
Kenan-Flagler organizes and/or participates in the following events and organizations:
- Inside Kenan-Flagler (preview weekend for pre-screened minority MBA prospects)
- Minority-themed online chats and discussion groups
- Minority-themed CRM (customer/client relationship management) email campaign
- National Black MBA Association (conference participation and print media)
- National Society of Hispanic MBAs (conference participation and print media)
- Collaboration with UNC Kenan-Flagler student organizations
- Sponsor of Forté Career Lab for undergraduate women
- Robert S. Adler, Consumer Advocate
- Howard Aldrich, Sociologist
- Richard A. Bettis
- Paolo Fulghieri, Financial Economist
- Rajdeep Grewal
- James H. Johnson Jr.
- Arne L. Kalleberg, Sociologist
- Jan-Benedict Steenkamp, expert on global marketing
- Valarie Zeithaml, Services marketing pioneer; developer of SERVQUAL
- Gary Parr (BSBA '79), Deputy Chairman, Lazard Frères & Co.
- Hugh McColl Jr. (BSBA '57), Former Chairman and CEO, Bank of America Corporation
- Julian Robertson (BSBA '55), Chairman, Tiger Management
- Erskine Bowles (BSBA '67), former president, University of North Carolina System; former White House Chief of Staff; former head of Small Business Administration; former United Nations deputy envoy for tsunami relief
- John A. Allison IV, Chairman and Former CEO of BB&T (BSBA at UNC Kenan-Flagler) and current Director of Moelis & Company
- Mercer Reynolds: Businessman, finance chair of George W. Bush's Presidential campaign.
- David N. Senty, U.S. Air Force Major General
- G. Smedes York, MBA 1968, 33rd Mayor of Raleigh 1979-1983, Chairman of York Properties, Inc.
- Jason Kilar, Co-founder and former CEO, Hulu
- Lee Ainslie, MBA, Founder and CEO of Maverick Capital (a $10B long/short hedge fund)
- Hubert C. Hegtvedt, U.S. Air Force Major General
- Carolina Business Institute - a professional development program co-sponsored by the Kenan–Flagler Business School.
- List of United States business school rankings
- List of business schools in the United States
- GLOBE-A double exchange program for undergraduate students between the Kenan–Flagler Business School, Copenhagen Business School, and the Chinese University of Hong Kong
- Venture Capital Investment Competition
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