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For immediate use

Sept. 9, 2002 -- No. 467

Wall Street Journal ranks Kenan-Flagler MBA program 12th


Kenan-Flagler Business School


CHAPEL HILL -- The University of North Carolina at Chapel Hill's Kenan-Flagler Business School ranked 12th in The Wall Street Journalís international ranking of MBA programs published today (Sept. 9).

Kenan-Flagler, which ranked 17th in the newspaperís 2001 list, is the only school in the southeastern United States ranked among the top 15.

In sub-categories, Kenan-Flagler also ranked second in management consulting in industry rankings; fourth among public schools; fifth among the "hidden gems" or "business-school treasures that may have gone undiscovered;" and eighth among large schools with an enrollment of 500 or more MBA students.

"This ranking is a credit to our dedicated Office of Career Services and our talented MBA students, and we appreciate this endorsement from MBA recruiters," said Dr. Robert S. Sullivan, school dean. "Our admissions team identifies the best and brightest students, and our faculty provide them with the analytical expertise, global perspective, knowledge and skills that they need to contribute to hiring organizations."

"The career services team works extremely hard to match hiring organizationsí managerial needs with our MBAsí career goals," said Dr. Robert S. Adler, associate dean of the MBA Program. "Just one example of their dedication to students and recruiters can be seen in their success at finding internships for first-year students. Despite the tough job market, they achieved a 100 percent placement rate for the first-year students who sought a summer internship. The career services teamsí success in finding exciting and challenging career opportunities for our MBAs demonstrates that we deliver an educational program that prepares them to contribute to leading companies around the world."

Kenan-Flagler was ranked fifth of the "hidden gems" and featured in an article that credits the "hidden gems" schools with having graduates who are "loyal and congenial team players with a solid work ethic. Their skills tend to be well rounded. And they have realistic expectations about their job responsibilities and compensation."

"North Carolinaís business school lists teamwork and leadership among its core values, and recruiters cited both in naming it a hidden gem," wrote the Journal. Recruiters praised students for being well-rounded in their academic skills, and said the "chemistry is strong with North Carolina, meaning they have generally good feelings about the school and its students. They gave students high marks for teamwork, fit with the corporate culture and their general-management perspective."

Lisa Granick, a consultant at Fletcher Spaght Inc. in Boston, is quoted as saying that UNC students are "wonderfully open and well prepared."

The article also cited as a distinctive feature UNCís "concentration in sustainable enterprise, which teaches students to balance profitability with environmental and social responsibility. Last fall, the Aspen Institute and World Resources Institute honored North Carolina as one of the top business schools in the world teaching social and environmental responsibility."

The Journalís list of the top 15 MBA programs are from the business schools at Dartmouth, Michigan, Carnegie Mellon, Northwestern, Pennsylvania, Chicago, Texas, Yale, Harvard, Columbia, Purdue, UNC, Michigan State, Indiana and Berkeley.

The Wall Street Journal/Harris Interactive surveyed corporate recruiters who recruit full-time MBA graduates. The final sample of business schools eligible and available for rating included 187 U.S. schools and 73 non-U.S. schools. The ranking is based on a survey of the opinions of 2,221 MBA recruiters. Interviews were conducted online between Oct. 23, 2001, and March 1, 2002. A total of 50 business schools are ranked, and each school rating is based on perceptions of the school and its students (80 percent) and on the schoolís "mass appeal" (20 percent) as defined by the total number of recruiters who recruit from that school.

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Kenan-Flagler Business School Contact: Allison Adams, (919)962-7235,

News Services contact:
Mike McFarland, (919) 962-8593,