FAQs

Many prospective MBA@UNC students have questions about our program and its admissions policies and procedures. We've listed some of the most common ones here.

If you need details and information not provided on this page, please feel free to contact us.

General FAQ

How is MBA@UNC different from other MBA programs?

How does the online MBA program compare with UNC's other MBA programs?

Who will my classmates be?

When will classes begin?

How long will I take to complete my degree in MBA@UNC?

May I take electives or declare a concentration?

What's required of students who take an MBA@UNC course?

Is MBA@UNC delivered completely online?

How much time should I expect to dedicate to MBA@UNC?

What type of career support is provided to MBA@UNC students?

Admissions FAQ

What are the requirements for admission?

Is work experience required?

Is an undergraduate degree required?

Do I have to take the GMAT?

Can I request that my transcripts be sent electronically?

Is an interview required?

Are there any prerequisite courses?

What is required in the application?

Do you accept transfer credits?

Financial Aid FAQ

What are the tuition and fees for MBA@UNC?

What are my financing options?

Will I know what my financial aid award is before I have to submit an enrollment deposit?

How will I be reimbursed for the enrollment deposit I submit?

How will my employer contribution toward tuition affect my loan eligibility?

When can I begin the student loan application process?

How do I know what the terms and conditions of student loans are?

Do I have to borrow the maximum loan amounts?

How do I apply for a fellowship?

How would a fellowship affect my loan eligibility?

How is tuition billed?

Is my tuition tax-deductible?

Do I have to be full-time to receive financial aid?

General FAQ

How is MBA@UNC different from other MBA programs?

MBA@UNC allows students around the world to earn UNC Kenan-Flagler’s top-ranked MBA online1. MBA@UNC features the same rigorous curriculum as the on-campus programs, and students earn the same UNC Kenan-Flagler MBA. Courses are delivered in a live, virtual classroom by faculty who teach across the UNC Kenan-Flagler MBA portfolio.

Our online MBA is designed for working professionals seeking to develop their leadership skills and build a global network who prefer the flexibility or learning style provided by a program primarily offered online.

Through the use of innovative technologies and real-world Summit experiences, MBA@UNC blends the flexibility of an online program with in-person networking opportunities and personalized learning.

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How does the online MBA compare with UNC's other MBA formats?

UNC Kenan-Flagler Business School offers a portfolio of degree formats that enable students with a range of backgrounds, objectives and scheduling requirements to access UNC Kenan-Flagler’s top-ranked MBA. Whichever program you choose to pursue, you’ll receive the same degree.

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Who will my classmates be?

Your MBA@UNC network will comprise global professionals living and working around the world.

We look for candidates with strong professional and academic backgrounds who can thrive in UNC's collaborative, team-based environment. We apply the same rigorous admissions standards to MBA@UNC that we require of our other MBA programs.

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When will classes begin?

A new class begins each quarter in July, October, January and April. Visit our website for cohort start dates and application deadlines.

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How long will it take to complete my degree in MBA@UNC?

Students who take two courses per quarter will complete the program in 24 months. Students have the flexibility to complete the program in as few as 18 or as many as 36 months.

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May I take electives or declare a concentration?

Almost half (45 percent) of your credits are electives. While we emphasize a strong core curriculum, we offer more than 25 electives, allowing you to customize your experience, and focus on the areas and skills you want to strengthen.

Learn more about electives.

For students who want to specialize in a particular business area, we also offer five concentrations:

  • Data Analytics and Decision Making
  • Entrepreneurship
  • Finance
  • Marketing
  • Strategy and Consulting

Learn more about concentrations.

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What's required of students who take an MBA@UNC course?

Each course is designed and delivered by a UNC Kenan-Flagler professor and requires:

  • Preparation outside of class, including teamwork and assignments that may include readings, cases, projects and papers.
  • Lectures and delivery of new information in an asynchronous format.
  • Weekly virtual meetings in a synchronous format. This may include case discussions, role plays, breakout groups and other discussions to drive learning.
  • Quarterly three-day Summits. Students will be responsible for completing all coursework for the Summits, and are required to attend at least two over the duration of the program.

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Is MBA@UNC delivered completely online?

Though classes and course work are completed online, students are required to complete at least two in-person Summits during their time in the program. These three-day, intensive experiences—held on-campus and around the world—present opportunities for leadership development, career planning, peer networking and exposure to local business environments.

Room, board and program costs for four Summits are included in the MBA@UNC tuition. Students are responsible for their own travel expenses.

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How much time should I expect to dedicate to MBA@UNC?

This is a rigorous program for highly-motivated professionals. In addition to the weekly synchronous class sessions, expect to dedicate approximately 10 hours per week per class for study time, preparation and asynchronous sessions.

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What type of career support is provided to MBA@UNC students?

We’ve been delivering our MBA online since 2011, so we understand how to help working professionals—current students and alumni—achieve their most ambitious career goals.

With scheduling options that minimize the days you spend out of the office, practical learnings you can apply to your job right away, personalized coaching services and coursework you can complete at your own pace from anywhere, our online format makes it possible to maintain your income and accelerate your professional momentum while you earn your degree.

Once you’ve graduated, you’ll continue to receive 1:1 coaching services—tailored to your needs and interests as your career evolves—and you’ll have ongoing access to your coursework should you need a refresher on concepts you covered during the program. You will also be able to take UNC Kenan-Flagler courses for a reduced fee, giving you new opportunities to refine your skills, explore new interests and update your knowledge.

Learn more about Career Management and Leadership Development.

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Admissions FAQ

What are the requirements for admission?

UNC Kenan-Flagler seeks students whose academic background, professional experience and leadership abilities meet the rigorous demands of our top-ranked program—regardless of the format they choose. We look for candidates with strong professional and academic backgrounds who can thrive in our collaborative, team-based environment.

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Is work experience required?

We require MBA@UNC applicants have a minimum of two years professional work experience. We value advanced degrees, but they are not a substitute for work experience.

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Is an undergraduate degree required?

Students must have a bachelor’s degree from a regionally accredited university. International candidates must have a college-level education equivalent to an American undergraduate or baccalaureate degree (the same as a first university degree). Generally this is a 4-year degree.

There are a number of universities around the world that offer 3-year undergraduate programs. If you received a bachelor's degree upon completion of one of these 3-year undergraduate programs, you are eligible to apply to our program.

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Do I have to take the GMAT?

MBA@UNC's testing requirement is based on the applicant's number of years of professional full-time work experience as a general policy. However, the Admissions Committee will consider online student GMAT waiver requests on a case-by-case basis.

Please note that no GMAT/GRE waiver is automatic and an approved waiver request does not guarantee admission to the program.

To learn more about requesting a waiver, visit our GMAT/GRE Waiver Policy.

Our school code for the GMAT is D40.HL.07. Our code for the GRE is 0024. TOEFL External link , IELTS External link or PTE Academic External link is required for applicants for whom English is not the native language. Our school code for these tests is 5816. You do not need to submit a TOEFL, IELTS or PTE score if:

  • You earned an undergraduate or graduate degree at a U.S. college or university
  • You total education was conducted in English in a native English-speaking country
  • You earned an undergraduate degree or graduate degree from India. We will request test scores from some Indian candidates as needed

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Can I request that my transcripts be sent electronically?

Many schools issue transcripts electronically, either through their own web services or through vendors. If this option is available through the institutions you attended, please specify that your transcript(s) be sent to applicationservices@onlinemba.unc.edu or select University of North Carolina, Online MBA if listed as an option through a vendor. This will expedite the delivery of your transcript(s) and the completion of your application.

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Is an interview required?

An interview is required for admission into the program. Interviews will be conducted via video conference, using a basic webcam like the type integrated into most laptop computers.

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Are there any prerequisite courses?

Although no specific prerequisite courses are required to apply to MBA@UNC, basic business knowledge is required. You will need to understand standard accounting, statistics, finance, and economics principles. You also need to be proficient in Microsoft Word, PowerPoint and Excel.

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What is required in the application?

The application for MBA@UNC is available for completion online. In addition to basic information, you will be required to submit essays, professional recommendations, all undergraduate and graduate school transcripts and your test scores. The online application instructions will guide you through this process, and our Admissions Counselors are available to answer your questions.

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Do you accept transfer credits?

All UNC Kenan-Flagler MBA programs require students to complete the entire program; transfer credits are not accepted.

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You may also connect with us by email or phone:

For admissions questions:

Phone Number: 888-986-2622 or via email.

You can join the MBA@UNC conversation online.

Check out our social media sites to receive the latest updates on program details and admissions. Learn more about UNC Kenan-Flagler's culture, students, alumni, faculty and staff.

Facebook | Twitter | Instagram | Linkedin | Youtube

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Financial Aid FAQ

What are the tuition and fees for MBA@UNC?

The tuition (as of the July 2020- June 2021 academic year) is $125,589.06 for the 62 credit-hour program.

Students can expect to pay at least that much for the entirety of the program. MBA@UNC tuition includes student fees, simulations, assessments, technology platform licensing and support, Summits and some academic materials. Textbooks are not included. Items included in tuition are subject to change.

Note that tuition is subject to change each academic year, as approved by the UNC System Board of Governors, and any tuition change is applicable to all enrolled students. Subject to final approval from NC General Assembly.

Admitted applicants will be required to submit a $1,500 non-refundable enrollment deposit to reserve a space in the program. Enrollment deposits will be applied as a credit toward the first quarter's tuition once the student enrolls in the program.

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What are my financing options?

  • Student loans: All students can be considered for student loans to cover tuition for MBA@UNC. UNC Kenan-Flagler has a student loan officer who provides dedicated assistance to applicants. International applicants are not eligible for Federal student loans. Learn more about student loans at MBA@UNC.
  • Fellowships: Merit fellowships will be awarded to a limited number of students in each entering class at MBA@UNC.
  • Corporate sponsorship: Some companies provide employees with an educational benefit, whereby they pay all or part of tuition expenses. Preparing a request for corporate support might help to gain support. We are happy to share information and guidance to help you make such a request.
  • Corporate sponsorship:
  • Some companies provide employees with an educational benefit, whereby they pay all or part of tuition expenses. Preparing a request for corporate support might help to gain support. We are happy to share information and guidance to help you make such a request.
  • Veterans benefits: MBA@UNC is an approved program for students receiving military education benefits.

Students in the MBA@UNC program are not eligible for The University of North Carolina System Tuition Waiver Program.

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Will I know what my financial aid award is before I have to submit an enrollment deposit?

We hope to provide you with full financial aid information as soon as possible; however, the process may not be complete prior to the enrollment deposit deadline. U.S. students should be eligible to borrow the maximum Federal Direct Loan amounts, provided they meet the basic eligibility requirements. Students can also review the additional loan options to determine the best program for covering the remaining amount of their estimated cost of attendance. International applicants are not eligible for Federal student loans.

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How will I be reimbursed for the enrollment deposit I submit?

All enrollment deposits are credited to the first quarter's tuition payment and are non-refundable.

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How will my employer contribution toward tuition affect my loan eligibility?

Students receiving partial tuition coverage through their employer may borrow the difference between the total Cost of Attendance and the amount of their employer contribution.

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When can I begin the student loan application process?

Student loan applications will not be processed until you are admitted to the program, but you can begin the process at any time by completing the Free Application for Federal Student Aid (FAFSA) online.

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How do I learn more about the terms and conditions of student loans?

Review student loans on our Tuition & Financial Aid page.

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Do I have to borrow the maximum loan amounts?

No. Students can borrow as much or as little of the maximum loan amounts available to them.

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How do I apply for a fellowship?

Your application for admission serves as the application for fellowships. There is no separate application for these awards.

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How would a fellowship affect my loan eligibility?

A student's fellowship amount will reduce overall tuition balance and is normally credited equally over all payments. The reduction to the tuition amount proportionately reduces the student's loan eligibility.

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How is tuition billed?

Tuition bills are processed through the Office of Student Accounts; however, any specific questions about your tuition charges should be directed to the MBA@UNC Registrar.

See sample schedules and cost per quarter on the Tuition & Financial Aid page.

  • Tuition is billed on the 15th of the month prior to each quarter.
  • Tuition is due on the second Tuesday of the month that each quarter starts.
  • Financial aid is disbursed directly to the Cashier's Office and student loan funds will be credited directly toward any outstanding tuition balance due.

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Is my tuition tax-deductible?

Please consult your accountant or tax advisor for specific advice. IRS Publication 970 provides basic information about the tax benefits for education. UNC Kenan-Flagler's Financial Aid Assistant Director is not a trained accountant and, therefore, is unable to answer tax questions.

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Do I have to be full-time to receive financial aid?

No, but in order to be eligible for Federal loan funding, students must be enrolled in at least 4.5 credits per university semester (please note that two quarters [July/October and January/April] are the equivalent to one university semester).

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1 UNC Kenan-Flagler was ranked #20 by U.S. News & World Report in the most recent report published in 2020, and its online MBA program is ranked #1 in 2020 (https://www.usnews.com/education/online-education/university-of-north-carolina-at-chapel-hill-199120/rankings). Return to footnote reference