UNC Kenan–Flagler Business School

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.

History
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  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.

Rankings

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
 PrivateEquityBlogger.com
 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

MBA@UNC Online
 The U.S. News & World Report ranked the MBA@UNC Online Program #1 in 2015

MAC Program (Master of Accounting)
 Public of Accounting Report: 7

Executive Development (Non-Degree Programs)
 Financial Times: 9 for custom programs:
 Bloomberg BusinessWeek: 14 for executive education:

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.

Online MBA 
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:
 Consortium for Graduate Study in Management
 Management Leadership for Tomorrow
 Forté Foundation

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

People

Faculty

 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

Alumni

 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
 Michele Buck, MBA '87, CEO of The Hershey Company

See also
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
List of Atlantic Coast Conference business schools

References

Category:Business schools in North Carolina
Category:University of North Carolina at Chapel Hill schools
Category:Educational institutions established in 1919
Category:1919 establishments in North Carolina
Category:The Washington Campus