MBA: UNC Kenan-Flagler Chat (Nov. 12, 2001)


MBA: UNC Kenan-Flagler Chat (Nov. 12, 2001)

Please feel free to let us know if you would like to be informed of future chats by sending e-mail to chat@accepted.com. We would also be interested in knowing if you would prefer a different format or different topics.

Chat Transcript:

Linda Abraham (ID=19) (Nov 12, 2001 9:07:03 PM)
OK. Let's start.

Linda Abraham (ID=19) (Nov 12, 2001 9:07:20 PM)
First I want to welcome you to Accepted.com's UNC Kenan-Flagler Admissions Chat.

Linda Abraham (ID=19) (Nov 12, 2001 9:07:29 PM)
I also want to welcome Dean Jim Dean, Associate Dean; Sherry Wallace, Director of Admissions; and Rachael Plotkin, second-year student and chair of our Admissions Advisory Board. And last but not least, I want to welcome Paul Bodine and Cindy Tokumitsu, two of Accepted.com's editors.

Linda Abraham (ID=19) (Nov 12, 2001 9:07:39 PM)
Thanks to everyone for joining.

Linda Abraham (ID=19) (Nov 12, 2001 9:07:53 PM)
We encourage dialogue and discussion, but I would like to suggest a structure to make it easier to follow the threads of conversation. So here is the protocol:

Linda Abraham (ID=19) (Nov 12, 2001 9:08:00 PM)
We will post questions and answers to the chat. If you have a question on that material, please type a ? and then your question. Our guests, other participants, or I will reply. If one of you wants to comment on the current topic, please jump right in. If you want to start a different topic, please type ?.

Linda Abraham (ID=19) (Nov 12, 2001 9:08:07 PM)
Final request: We would like to avoid the brief summary of qualifications (or even the long laundry list) followed by the question, "Can I qualify?" Or "What are my chances?" This isn't the forum for that kind of analysis.

Linda Abraham (ID=19) (Nov 12, 2001 9:08:15 PM)
Other than that limitation, this is your chance to ask questions about UNC's program and admissions policies. But I would like to take advantage of my position as host and ask the first questions.

Linda Abraham (ID=19) (Nov 12, 2001 9:08:30 PM)
How do you evaluate re-applicants we were admitted in 2001 and those who were not? Do you review the old file and or just notes from reviewers of the old file? For those who were not readmitted and from whom you require a new app, do you compare the 2001 and 2002 applications?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:09:33 PM)
We keep applications on file for two years. If one applied the prev yr, then we will have both app packages in the file for the admiss committee to review

Linda Abraham (ID=19) (Nov 12, 2001 9:09:57 PM)
So even though you request an entirely new application from reapplicants,

sherry wallace K-F (ID=20) (Nov 12, 2001 9:09:58 PM)
We look for "what has changed" since prior application

Linda Abraham (ID=19) (Nov 12, 2001 9:10:12 PM)
you review the previous application also?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:10:20 PM)
We also look to see whether an applicant has heeded any feedback given after previous unsuccessful application

Linda Abraham (ID=19) (Nov 12, 2001 9:10:33 PM)
Letters of rec. Do you expect busy recommenders to fill out your specific form? Do you look negatively on letters sent by the recommender to all the schools an applicant is applying to and merely attached to your form?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:11:20 PM)
Good news for re-aps: they tend to experience a higher rate of admission than those who apply for first time. Perhaps because one more yr of experience. Perhaps because they've learned better how to sell themselves

Linda Abraham (ID=19) (Nov 12, 2001 9:11:52 PM)
Jim, how is KFBS responding to the recent economic downturn?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:12:17 PM)
We have provided considerable extra training to our students in interviewing...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:12:35 PM)
We understand that applicants are managing a portfolio of school applications. We do not have a problem with attachment letters that are not Kenan-Flagler specific. We do, however, need our own form completed because we may look for things that are different from what other schools may value

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:12:54 PM)
Also networking and multi-tiered job searches. We are also exploring new opportunities in industries where our students have not traditionally looked.

Linda Abraham (ID=19) (Nov 12, 2001 9:12:57 PM)
Thanks Sherry.

Linda Abraham (ID=19) (Nov 12, 2001 9:13:03 PM)
Rachael, first please, and then Sherry and Jim, what do you think is the best and most distinctive aspect of the UNC experience? What do you think it needs to improve or what is it working to improve?

Linda Abraham (ID=19) (Nov 12, 2001 9:13:19 PM)
Jim, which industries?

MiguelUzcategui (ID=26) (Nov 12, 2001 9:13:23 PM)
Thanks Paul!! :-)

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:13:55 PM)
Linda - energy and defense, for example, although many mainstream manufacturing industries are relatively underrepresented in most MBA career searches.

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:14:19 PM)
The best part of the UNC experience is clearly the people and the opportunity to learn from your classmates in a group setting. The camaraderie and teamwork atmosphere cannot be understated. This is advantageous to the students because we have the opportunity to learn from one another in the classroom and outside.

Linda Abraham (ID=19) (Nov 12, 2001 9:14:53 PM)
Has 9/11 changes the direction or opened job opportunities . (I hate to admit that someone might have unintentionally benefited from that atrocity, but I think that is the case.)

sherry wallace K-F (ID=20) (Nov 12, 2001 9:15:05 PM)
UNC Kenan-Flagler's most distinctive aspect: emphasis on the COMBINATION of leadership, communication and analytic skills. It's not enough to be smart or quantitatively gifted — you must demonstrate the entire package

farley (ID=22) (Nov 12, 2001 9:15:13 PM)
??? Having just submitted my application, I was hoping someone could shed light on the process... If I were a fly on my application folder, what would I see and where would I go?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:16:00 PM)
Farley, have you seen the admissions committee reenactment on our admissions brochure/CD?

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:16:10 PM)
What needs to be improved? Truthfully, I have had such a rewarding experience— there is very little to criticize. Probably the only challenge is creating a network with professors. Although professors are very accessible and open to students — our busy schedule often prevents us from making appointments with them or dropping by their offices.

Linda Abraham (ID=19) (Nov 12, 2001 9:16:17 PM)
Rachael, many of the students that we talk to on these chats, list teamwork and their colleagues as the best part or a key part of their MBA experience. What about the KFBS is different?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:16:18 PM)
RE: job opportunities: it has probably opened some at the margin, but it is nothing compared to the considerable job opportunities that have been lost due to the combination of the economy and 9/11.

farley (ID=22) (Nov 12, 2001 9:16:38 PM)
Sherry Wallace - Yes I have. That is a good representation?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:16:43 PM)
We take you into admissions committee. To get one, go to www.kenan-flagler.unc.edu and go to the MBA Admissions section. You can register on the web to have a copy sent to you.

Linda Abraham (ID=19) (Nov 12, 2001 9:16:59 PM)
BTW, I was watching your CD today. It is excellent!

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:17:28 PM)
RE: trying to improve. Our alumni are tremendously dedicated to the school, and we are continuing to create structures that allow them to contribute their efforts to the school more effectively.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:18:00 PM)
Farley, yes. Very realistic. We tried to show more of the people who may not be your typical candidate. Clearly, we value those with traditional backgrounds, too.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:18:07 PM)
RE: alumni. For example, several of our alumni recently staffed booths at MBA Forums in China and Japan.

farley (ID=22) (Nov 12, 2001 9:18:16 PM)
Thank you

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:18:20 PM)
KFBS is different because it is more than just what people say. For example, before an exam- students are known to get together in groups and create study guides. Later- they will post these study guides for the entire class to see (even if they have not participated in their creation). Students also help each other significantly in the job search process. We have peer counselors who review resumes, and do mock interviews, but beyond that students are free to contact other students who have worked for or interned with a company of interest and discuss the experience and get interviewing tips. This is very common. I am not a peer counselor— but many of peers have asked me to do mock interviews with them and I have been more than happy to help.

Linda Abraham (ID=19) (Nov 12, 2001 9:18:51 PM)
Rachael, thanks for the insight.

Linda Abraham (ID=19) (Nov 12, 2001 9:19:00 PM)
Do you resent it or appreciate it when applicants who are wait-listed, write and say "I have heard from School X and have to respond to them by Date Y. Is there any possibility you could give me an answer before Date Y. I would prefer to attend your school."

sherry wallace K-F (ID=20) (Nov 12, 2001 9:19:05 PM)
What can Kenan-Flagler improve? More self-promotion. Frankly, we have not touted our horn loudly enough. That's changing now.

Linda Abraham (ID=19) (Nov 12, 2001 9:19:34 PM)
Again, I was very impressed with your CD. If that's an example of your horn, you are doing an impressive job.

ben (ID=23) (Nov 12, 2001 9:19:48 PM)
I am planning in getting my MS in Finance right after my bachelor, and I plan to work for three years after that. Then, I would like to apply to a good school. Do you think such an application will be processed differently? And would you recommend the idea?

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:20:01 PM)
I agree with Sherry— regarding self promotion. As a top20 MBA program we need to do a better job of marketing ourselves to prospective applicants.

Linda Abraham (ID=19) (Nov 12, 2001 9:20:08 PM)
It's your turn now. Please post your questions by typing a ? and the question.

farley (ID=22) (Nov 12, 2001 9:20:21 PM)
??? In the BusinessWeek.com rankings, one comment was that recruiters were less impressed with the finance skills of the graduates. What steps has KFBS done to change that perception???

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:20:42 PM)
Re: promotion. We have recently hired a director of marketing and communications, so expect further enhancements in this area.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:20:49 PM)
Re: wait listed applicants notifying us of other school activity: we don't mind hearing their status at other programs. It will likely not affect what we can do. We do not keep people on wait list for fun. We are driven by space constraints. We try to get people off the fence one way or another as soon as possible.

JonathanPL (ID=18) (Nov 12, 2001 9:21:03 PM)
??Jim/Sherry What would you say are 2-3 distinct things companies/industry would say about K-F grads compared to those of other top schools?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:21:05 PM)
We recognize that some really great prospects may not choose to wait on Kenan-Flagler.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:21:29 PM)
Re: finance. We have continued to redesign the finance curriculum, and are actively engaged in hiring additional faculty...

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:21:35 PM)
Farley- One reason for that assessment could be related to the way the curriculum used to be designed. It was redesigned last year so that first year MBAs receive finance and other quantitative courses during the first semester. This has generated in a huge improvement in students' ability to perform well in interviews

sherry wallace K-F (ID=20) (Nov 12, 2001 9:21:59 PM)
Linda, we appreciate the praise of the CD. Was the first one done by our program. It really helped us bring to life — especially for those who don't get to Chapel Hill — what we are all about.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:22:15 PM)
Re: finance. But our placements in finance, especially Wall Street have never been better, which makes the BW comment about finance somewhat ironic.

Linda Abraham (ID=19) (Nov 12, 2001 9:22:38 PM)
I noticed that a high percentage of KFBS grads go into finance.

Linda Abraham (ID=19) (Nov 12, 2001 9:23:17 PM)
Now that I opened the brochure, it says 33.5%. How many go into Wall ST?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:23:27 PM)
Re: recruiters. They praise the ability to work in teams, and the ability to roll up our sleeves, as well as the overall analytical and leadership skills possessed by our grads...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:23:48 PM)
Farley, I don't accept that comment in the BW ranking. Frankly, it makes no sense. We jumped in recruiter rankings. Doesn't fit that they weren't impressed — does it?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:24:15 PM)
Re: recruiters. Johnson & Johnson just sent a team here last week, and they are very keen on hiring even more UNC grads this year. They felt strongly that there is a great match between our cultures.

farley (ID=22) (Nov 12, 2001 9:24:31 PM)
It is a dated comment (I think from 2 years ago) and I thought it was somewhat inaccurate, but wanted to ask the "Pro's"

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:24:37 PM)
re: recruiters

sherry wallace K-F (ID=20) (Nov 12, 2001 9:24:44 PM)
Linda, yes, Finance is a top placement for us, as it is most top MBA Programs. We have equally strong placement in Marketing and consulting.

Linda Abraham (ID=19) (Nov 12, 2001 9:25:10 PM)
Jonathan, could you repost your question?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:25:26 PM)
re: Finance. I don't have the figures in front of me, but more students go into corporate finance than industry finance (i.e. working in the finance departments of companies).

ben (ID=23) (Nov 12, 2001 9:26:01 PM)
could you pls help me with my previous question

JonathanPL (ID=18) (Nov 12, 2001 9:26:11 PM)
What are 2-3 distinct things companies/industry would say about K-F grads compared to those of other top programs?

Linda Abraham (ID=19) (Nov 12, 2001 9:26:11 PM)
Could you repost Ben?

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:26:23 PM)
re: recruiters—Since I am in the thick of recruiting season right now- I thought it would make sense to reply to the comment regarding changes since 9/11. Although recruiting is more challenging this year, the school has provided tremendous resources and guidance in the job search process. The career service office does a great job of networking with companies to get them to recruit on campus. I don't think we will see UNC grads without jobs— it just might take a little longer this year.

Linda Abraham (ID=19) (Nov 12, 2001 9:26:50 PM)
What are you planning to go into Rachael?

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:26:56 PM)
Marketing

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:27:20 PM)
I currently have 2 job offers and am in second round interviews with 2 companies

Linda Abraham (ID=19) (Nov 12, 2001 9:27:29 PM)
Did you have a summer internship?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:27:34 PM)
JonathanPL - I was trying to respond to you before. Recruiters praise the leadership and team skills possessed by our alums. At this level, they largely take analytical skills for granted, and look to other areas for the differentiators.

priya (ID=28) (Nov 12, 2001 9:27:49 PM)
What concentrations does UNC have?  I am a software engineer and would like to change my profession.  I am interested in doing Management Consulting or Operations. How does UNC view a change in career ?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:27:57 PM)
Jonathan, I'm also a Kenan-Flagler MBA grad so I take great pride in telling you that we are generally seen as more driven and better people-people — in addition to being very smart.

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:28:06 PM)
re: internships Yes, I interned at Springs Industries— a textile manufacturer outside of Charlotte, NC. I worked in marketing and general management

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:28:34 PM)
Priya - We have concentrations in management consulting, supply chain management, customer and product management (marketing)...

JonathanPL (ID=18) (Nov 12, 2001 9:28:43 PM)
That rolls into my next Q: can someone elaborate on the new director of marketing reference? How should I expect that to change the marketing area of K-F? (that's my planned focus)

farley (ID=22) (Nov 12, 2001 9:29:22 PM)
???Can you talk a little about the real estate concentration? I will (hopefully) bring to KFBS a background in real estate IB and want to further my career. I have spoken at some lengths about the program but was wondering if I can get additional insight in terms of placement opportunities, extracurricular activities

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:29:31 PM)
Priya - corporate finance, real estate, international management, investment management, sustainable enterprise...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:29:40 PM)
Priya, we have several concentrations. I think our web site or our current admissions brochure/cd rom will give you a great overview. Career change? No problem. Most of your classmates will be in the same situation. Just understand the skills you bring to the table and have a good sense of how you can transfer them to your new targeted career

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:30:12 PM)
The marketing director is to market the school; she is not in the marketing department

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:30:28 PM)
Farley— I cannot speak directly about the Real Estate concentration- except to say that it is one of our lesser known wonders. The students in that program are more than happy to speak about it —if you would like I can put you in touch with one of them—offline.

JonathanPL (ID=18) (Nov 12, 2001 9:30:33 PM)
Thx.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:30:41 PM)
Farley - the real estate program has a terrific network of alums...

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:30:58 PM)
Farley - that is very helpful in placing graduates around the country...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:31:08 PM)
Jonathan, the director of marketing was referring to a new b-school staff position — not to any changes in our marketing faculty or curriculum offerings We have always had a very strong marketing faculty and will continue to stay at the top of that game.

Linda Abraham (ID=19) (Nov 12, 2001 9:31:17 PM)
Do graduates normally go into r/e development or finance or?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:31:30 PM)
We recently received funding for an endowed faculty chair in Real Estate, to add to our two core RE faculty already here.

priya (ID=28) (Nov 12, 2001 9:31:36 PM)
Thank you!  What are the qualities you are looking when you select students to the school?  If there are two applicants having the same GMAT score and only one space available how would you make the decision?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:31:57 PM)
Re: Real Estate, the program has focused on development, although the professors are in the finance department.

farley (ID=22) (Nov 12, 2001 9:32:38 PM)
Great, thanks!

sherry wallace K-F (ID=20) (Nov 12, 2001 9:32:42 PM)
Linda re: real estate, both careers in real estate finance and in development are outcomes.

MiguelUzcategui (ID=26) (Nov 12, 2001 9:33:02 PM)
Hello.... What are the most important points that you review in an KBSF application???

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:33:20 PM)
Farley - get in touch with Professor Brian (Tony) Ciochetti for more information. You can find him on our school's website.

farley (ID=22) (Nov 12, 2001 9:33:24 PM)
???Do you see people go into real estate investment management? i.e., AEW, Jones Lang LaSalle or others like that

farley (ID=22) (Nov 12, 2001 9:33:32 PM)
I will thanks.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:33:54 PM)
Farley - you have got me there. That is a great question for Tony!

sherry wallace K-F (ID=20) (Nov 12, 2001 9:33:56 PM)
Priya. I'd need more information than the GMAT in order to answer your question. GMAT scores are important and often a higher score will be selected BUT not before other things are considered like: leadership, academic performance in undergrad, career focus and results, letters of reference

farley (ID=22) (Nov 12, 2001 9:34:20 PM)
- Thank you all for the perspective on real estate

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:34:31 PM)
Priya - we also like to see people who have demonstrated results in previous jobs.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:34:36 PM)
Farley - you are welcome.

priya (ID=28) (Nov 12, 2001 9:34:46 PM)
Thank you!

Linda Abraham (ID=19) (Nov 12, 2001 9:35:00 PM)
I think Miguel's question is next.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:35:22 PM)
Farley, Real Estate as a career choice is one of the smaller placements — nothing like marketing, consulting or investment mgmt or corporate finance, but our alumni that have chosen it have done very well and are very tightly networked

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:35:57 PM)
Miguel - I think the answer to your question is very similar to the answer to Priya's. Can you be more specific?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:36:04 PM)
Miguel, so many factors: leadership, academic track record, career goals/reasons for pursuit of MBA.

MiguelUzcategui (ID=26) (Nov 12, 2001 9:36:32 PM)
Ok..

priya (ID=28) (Nov 12, 2001 9:36:43 PM)
Do you think there is going to be a flood of applicants to the MBA program this year?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:36:52 PM)
Miguel - also, you should know that we want lots of different kinds of people in our programs...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:36:54 PM)
Miguel: GMAT, grades from undergrad often become ways of screening down to a short list of competitive candidates. We an admit only about 20% of all applicants

JonathanPL (ID=18) (Nov 12, 2001 9:37:22 PM)
??What is the benefit of having a Career Concentration vs. having a potpourri of chosen courses 2nd yr? Advisory Board contact? Placement resources?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:37:38 PM)
Miguel - not just international differences, but functional, personality, you name it. This diversity is one of the things that makes an MBA education so intriguing.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:37:39 PM)
Priya: application volume is already up at Kenan-Flagler. We are still in our early period so I can't promise it will hold at this level. We suspect so, however.

Linda Abraham (ID=19) (Nov 12, 2001 9:37:58 PM)
I know that UNC is a part of the Consortium and is trying to increase the % of women in its program. How would you look up on an applicant who says the she wants an MBA in order to start her own part-time business that would allow her to spend time with her family?

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:37:59 PM)
Jonathan— I'm not sure I understand your question

MiguelUzcategui (ID=26) (Nov 12, 2001 9:38:29 PM)
Jim - It sounds great..

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:38:33 PM)
Jon... great question! There is some increased contact with the corporate advisory board, but no increase in placement resources...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:38:50 PM)
Jonathan: some students find advantages in following a prescribed sequence of electives (called concentrations, or majors, or tracks), while others feel more comfy picking and choosing to their individual needs. Both can result in success.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:39:28 PM)
Jon... the main thing is that the corp advisory board and the faculty in the area have designated these courses as helpful. But as Sherry says, each situation is different, which is why we do not require people to select a concentration.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:39:30 PM)
Jonathan: I'd advise you to look at the industries or functions you are seeking to land, then do homework to see what recruiters or mentors in that area would expect

Linda Abraham (ID=19) (Nov 12, 2001 9:39:50 PM)
Begin with the end in mind!

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:40:02 PM)
For those who don't know this, we have corporate advisory boards for each concentration...

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:40:21 PM)
comprised of industry experts with years of experience in their fields...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:40:26 PM)
Linda, thanks for giving me the opportunity to talk about the underrepresentation of women in MBA Programs. All top programs and corporations feel this.

JonathanPL (ID=18) (Nov 12, 2001 9:40:34 PM)
Sherry—When you say, "expect" you mean courses?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:40:55 PM)
For example, the consulting advisory board has partners from virtually every major consulting firm.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:41:40 PM)
We are strong promoters of entrepreneurism so any applicant who wanted an MBA to start their own biz would not find a problem at Kenan-Flagler. Still, the applicant (male or female) would have to be bringing something to the table that would add to the class

farley (ID=22) (Nov 12, 2001 9:42:25 PM)
???I'm going crazy with the wait...any chance decisions will be mailed before 12/14/01? Or is it to early to tell?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:42:35 PM)
Jonathan, yes. Said another way: ask them what courses and experiences they would expect from a new MBA hire.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:42:47 PM)
Farley - while Sherry gets ready to answer, I have to tell you I love your icon!

JonathanPL (ID=18) (Nov 12, 2001 9:42:59 PM)
Gotcha—thx.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:43:00 PM)
Farley, we usually do not issue admission decisions before the published date.

Linda Abraham (ID=19) (Nov 12, 2001 9:42:22 PM)
Rachael, what does the Admissions Advisory Board do?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:42:44 PM)
Farley, I do appreciate the enthusiasm.

farley (ID=22) (Nov 12, 2001 9:43:24 PM)
- I just wanted to add that I interviewed with Ms. Jesse and she is responsible for part of it because she did such a great job selling me on the school!

Linda Abraham (ID=19) (Nov 12, 2001 9:43:38 PM)
Jim and Sherry, what additions, improvements do you anticipate KFBS making in the next 2-3 years?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:44:02 PM)
Linda - I mentioned the continuing strengthening of our alumni network...

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:44:12 PM)
The Admissions Advisory Board is a board comprised of first and second year students. We are a liaison between admissions and the student body and work to continuously improve the admissions process. Some past successes of the board include— creating a greeter program in the Admissions office, developing a tour guide program, organizing student hosts for visitors during lunch etc. We also help design and execute the April Experience Weekend for Admitted students

sherry wallace K-F (ID=20) (Nov 12, 2001 9:44:20 PM)
Farley: I'll tell Alison you are pleased. I think she does an excellent job, too. We are lucky to have her on our team

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:44:33 PM)
We are also continuing to hire new faculty in several areas, including finance and management.

Linda Abraham (ID=19) (Nov 12, 2001 9:44:52 PM)
do you have any plans to expand the size of the UNC class?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:45:14 PM)
Linda - we are just initiating a series of seminars to bring the full resources of the University to bear on the MBA Program. Our first talk will be by an anthropologist on understanding Islam.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:45:34 PM)
Linda - no expansion is planned.

Linda Abraham (ID=19) (Nov 12, 2001 9:45:56 PM)
How does your small size contribute to the UNC atmosphere?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:46:24 PM)
Linda, I think we will experience an even stronger awareness and reputation globally. We will also have more systematic programs in place for our passionate alumni worldwide

Linda Abraham (ID=19) (Nov 12, 2001 9:46:38 PM)
You even have passionate applicants!

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:47:07 PM)
Linda - as you might expect. Students all know one another, and get to know many of the professors well. There is a unique feeling of community here, which you have to experience to truly understand.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:47:50 PM)
Linda - also, we have recently announced a new global MBA program for experienced executives in partnership with four other schools worldwide. This will continue to strengthen our presence and reputation overseas.

Linda Abraham (ID=19) (Nov 12, 2001 9:48:03 PM)
Which 4 schools?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:48:05 PM)
Linda, I think our size is JUST RIGHT. Large enough to warrant the attention of the largest employers and to ensure a diverse set of experiences within the class. Small enough to promote a close knit community where alumni will actually get to know each other. Also small enough for meaningful faculty-student interaction

priya (ID=28) (Nov 12, 2001 9:48:25 PM)
Is an interview necessary for MBA admission?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:48:39 PM)
Tec de Monterrey (Mexico), Getulio Vargas (Brazil), Rotterdam School of Management (Holland), and Chinese University of Hong Kong.

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:48:40 PM)
Priya— yes, all admitted students have interviews

MiguelUzcategui (ID=26) (Nov 12, 2001 9:48:48 PM)
How many international students (approx. of course) do you have in your class, and what percent represents of the total class???

Linda Abraham (ID=19) (Nov 12, 2001 9:48:58 PM)
Jim, quite a few continents there.

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 9:49:01 PM)
Miguel— approx 31% currently

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:49:14 PM)
Miguel -representing about 35 countries.

Linda Abraham (ID=19) (Nov 12, 2001 9:49:18 PM)
Sherry, what role does the interview play in the admissions process?

MiguelUzcategui (ID=26) (Nov 12, 2001 9:49:42 PM)
How about from Latin America??

sherry wallace K-F (ID=20) (Nov 12, 2001 9:49:48 PM)
Linda: Interview is critical. It helps us assure the communications skills and the interpersonal skills

Linda Abraham (ID=19) (Nov 12, 2001 9:50:21 PM)
If an applicant has a less than desirable GPA and wants to show that he or she can now perform in an academic environment, is the applicant better off taking classes in a traditional environment or in a distance learning program, where perhaps he or she could take more classes because the program is self-paced?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:50:30 PM)
Mexico, Peru, Brazil, Costa Rica, Argentina, Chile, Colombia...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:50:41 PM)
It's not enough to be smart — In our program, you must be the type who wants to share, to collaborate, to interact with others. We can pick this up in one to one sessions. It's also the applicant's chance to tell us what they want

Linda Abraham (ID=19) (Nov 12, 2001 9:51:21 PM)
Sherry, are the interview always conducted by adcom members? Or sometimes by alumni? Are they always in person or sometimes over the phone?

MiguelUzcategui (ID=26) (Nov 12, 2001 9:51:40 PM)
No one from Venezuela????

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:51:51 PM)
Sorry, Miguel. Yes, Venezuela too.

JonathanPL (ID=18) (Nov 12, 2001 9:52:01 PM)
Since open interviewing is complete, are K-F requested interviews to be complete by the round deadline? In other words, someone applying in rd 2 would have to interview before 1/25?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:52:02 PM)
Linda, many applicants need to "reinvent their transcripts." They are best off when they successfully complete courses (A and B grades) at an institution regarded as selective and rigorous.

MiguelUzcategui (ID=26) (Nov 12, 2001 9:52:11 PM)
Thanks...

Linda Abraham (ID=19) (Nov 12, 2001 9:52:50 PM)
Sherry, would that exclude community colleges? Would online extension courses from more rigorous schools be preferred?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:53:01 PM)
Miguel - you may be interested in knowing that many of our students study Spanish in our Working Spanish program. Both Sherry and I have taken this course, as have quite a number of students!

Linda Abraham (ID=19) (Nov 12, 2001 9:53:26 PM)
Many applicants travel a lot and find that work prevents them from taking courses or they don't have rigorous institutions near where they work.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:53:52 PM)
Linda re: interviews: Most are done by admissions staff who both read applications and interview candidates. Some of our admissions committee are alumni who interview in their local areas — mostly outside o the U.S. These alumni interviewers are just as influential as other members of the admissions committee. They are trained for this role

Linda Abraham (ID=19) (Nov 12, 2001 9:54:17 PM)
Sherry, are they all in person?

sherry wallace K-F (ID=20) (Nov 12, 2001 9:54:25 PM)
Miguel: Es de Venezuela?

MiguelUzcategui (ID=26) (Nov 12, 2001 9:54:55 PM)
You have a volunteer Spanish teacher here.....

MiguelUzcategui (ID=26) (Nov 12, 2001 9:55:16 PM)
Yes I am from Venezuela...

MiguelUzcategui (ID=26) (Nov 12, 2001 9:56:07 PM)
Si soy de Venezuela y estoy muy interesado en KF.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:56:09 PM)
Linda, I don't want to dictate the school. Many candidates must pick based on convenience and cost. My point is that if you are trying to show that you can, in fact, perform in a highly competitive academic inst, then you need to take classes at one such university. If you only want to take the course for your personal enrichment. Say you have a 3.7 GPA but never had taken microecon, then no problem where you take the course.

Linda Abraham (ID=19) (Nov 12, 2001 9:56:16 PM)
Does UNC consider applicants who already have an MBA? Do you consider applicants with a 3-year bachelors degree?

Linda Abraham (ID=19) (Nov 12, 2001 9:57:08 PM)
OK. Thanks, Sherry.

sherry wallace K-F (ID=20) (Nov 12, 2001 9:57:21 PM)
Miguel: Me gusta. Have you met Lisa Beisser. Lisa is our assoc director who manages applicants from Latin America. Email her at lisa_beisser@unc.edu. She'd love to hear from you

sherry wallace K-F (ID=20) (Nov 12, 2001 9:58:21 PM)
Linda. The majority of our interviews are in person. As a last resort, we will do telephone interviews. Not our preference but sometimes the only way to accomplish interview in the window of admissions season.

Linda Abraham (ID=19) (Nov 12, 2001 9:58:34 PM)
We have about 5 minutes left in the chat. Please post your questions.

MiguelUzcategui (ID=26) (Nov 12, 2001 9:58:34 PM)
No I have not met Lisa....Thank you very much Sherry...I will take note of this email address...

sherry wallace K-F (ID=20) (Nov 12, 2001 9:59:14 PM)
Linda: We require the equivalent of a four year u.s. bachelor degree. If candidate has 3-yr degree (e.g. bcomm from India), they will also need to have completed a master's degree.

JonathanPL (ID=18) (Nov 12, 2001 9:59:22 PM)
All interviews at this point are requested by the school—correct?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 9:59:36 PM)
I would like to point out that scholarships are available for our strongest applicants. No separate application is necessary; anyone who applies in the first three deadlines is considered...

Linda Abraham (ID=19) (Nov 12, 2001 9:59:52 PM)
Sherry what if they already have an MBA either from abroad or from another American b-school?

Linda Abraham (ID=19) (Nov 12, 2001 10:00:32 PM)
What percentage of students receive scholarships?

Jim Dean (UNC) (ID=16) (Nov 12, 2001 10:00:32 PM)
JonathanPL - yes, that is correct, the open interviewing window closes at the end of the month, and those slots have been taken...

Jim Dean (UNC) (ID=16) (Nov 12, 2001 10:01:02 PM)
Jon... but the AdCom will review applications and invite students with a reasonable chance of acceptance to interview.

farley (ID=22) (Nov 12, 2001 10:01:45 PM)
???I found essay #1 somewhat challenging and in hindsight didn't think I was able to effectively articulate why KFBS and why now. I was able to address those areas in the interview somewhat. Is that an effective forum to address those issues, or were you looking toward the essays for that

JonathanPL (ID=18) (Nov 12, 2001 10:01:49 PM)
Thanks.

nick (ID=27) (Nov 12, 2001 10:01:54 PM)
Do U consider someone who is pursuing MBA in some other Univ & would like to transfer to UNC ???

sherry wallace K-F (ID=20) (Nov 12, 2001 10:01:57 PM)
Jonathan re: interviews. Yes, we appear to be all booked up for our Open Interviewing season (open interviewing season meant no prescreen required). If you were not able to interview with us during this season, don't worry. Just proceed with the application. Once we get it, we will review it. If you are among the most competitive applicants, we will invite you to interview. We give you time to get to Chapel Hill, or we may be able to set it up locally for you with one of us who is traveling or with an alumni interviewer in your area.

sherry wallace K-F (ID=20) (Nov 12, 2001 10:02:23 PM)
Nick: sorry, we don't accept transfer credits into Kenan-Flagler

Jim Dean (UNC) (ID=16) (Nov 12, 2001 10:02:44 PM)
Nick - I am sorry, but we do not accept transfer students. Our core curriculum is fundamental to our degree, and everyone must go through it to receive an MBA from UNC.

Linda Abraham (ID=19) (Nov 12, 2001 10:03:10 PM)
sherry, would you consider a current student from another school who is willing to start again from scratch?

nick (ID=27) (Nov 12, 2001 10:03:19 PM)
Okay thanks !!

sherry wallace K-F (ID=20) (Nov 12, 2001 10:03:19 PM)
Farley: you are correct. The interview is excellent place to talk about your reasons for KFBS. Also, you are always welcome to submit optional essays to talk about things you think are important but were not asked.

JonathanPL (ID=18) (Nov 12, 2001 10:03:21 PM)
Is essay 3 completely free? Or should we keep it all text/essay/prose?

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 10:04:02 PM)
Linda & Everyone—

Jim Dean (UNC) (ID=16) (Nov 12, 2001 10:04:43 PM)
Linda - just found your question. More than 10 percent of our students receive merit-based scholarships...

sherry wallace K-F (ID=20) (Nov 12, 2001 10:04:45 PM)
Linda: yes, we will consider someone who has started another program. We would look to make sure that person had good reasons for making a change in program. Also, we'd expect success in the earlier program. We would not encourage someone who was in a program with similar curriculum and environment.

RachaelPlotkin.KFBS (ID=14) (Nov 12, 2001 10:04:55 PM)
Unfortunately, I must sign off. Best of luck to all the applicants. If you have any additional questions (from a student perspective) feel free to email me at Rachael_Plotkin@unc.edu. If I cannot help, I will find someone who can.

Linda Abraham (ID=19) (Nov 12, 2001 10:05:06 PM)
Thank you Rachael.

Linda Abraham (ID=19) (Nov 12, 2001 10:05:14 PM)
Last two questions.

farley (ID=22) (Nov 12, 2001 10:05:15 PM)
???I thought Essay 2 was fun. It provided a great opportunity to peel back and reveal the true farley

MiguelUzcategui (ID=26) (Nov 12, 2001 10:05:20 PM)
I have heard you have special scholarship programs or loans????Is that correct??

sherry wallace K-F (ID=20) (Nov 12, 2001 10:05:23 PM)
Jonathan, I don't understand your question about #3.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 10:05:36 PM)
Linda - but the loan program is available to all students. For students outside the US, loans are available without an American co-signer. Is this what you meant, Miguel?

nick (ID=27) (Nov 12, 2001 10:05:41 PM)
Okay Sherry, is it still possible if someone wants to start afresh at UNC by quitting the other University (without any credit being transferred) !!???

sherry wallace K-F (ID=20) (Nov 12, 2001 10:05:52 PM)
Miguel: we have several merit fellowships. See our web site or email me off line at sherry_wallace@unc.edu.

MiguelUzcategui (ID=26) (Nov 12, 2001 10:06:17 PM)
Ok... that is what I mean...

JonathanPL (ID=18) (Nov 12, 2001 10:06:31 PM)
Is there freedom to write the essay the same way we would if it was a real work task (bullets/graphs/tables/etc)? Not all of that, but I was just curious about direction.

Jim Dean (UNC) (ID=16) (Nov 12, 2001 10:06:56 PM)
Nick - Sherry answered that question right before Rachael signed off...

Linda Abraham (ID=19) (Nov 12, 2001 10:07:07 PM)
Thank you again all for participating this evening. Special thanks to Jim, Sherry, and Rachael for joining us this evening and to Paul Bodine and Cindy Tokumitsu for their assistance.

JonathanPL (ID=18) (Nov 12, 2001 10:07:15 PM)
Sorry to make it so late a question. Thanks to all.

sherry wallace K-F (ID=20) (Nov 12, 2001 10:07:17 PM)
Nick: I don't want to mislead you. We very seldom enroll a student who has started another MBA Program in the U.S. The few times we have enrolled students who had already been in an MBA program, the programs were in other countries with different formats than the traditional US MBA

Linda Abraham (ID=19) (Nov 12, 2001 10:07:32 PM)
We look forward to seeing you at future chats. Here is a list of currently scheduled chats:

Jim Dean (UNC) (ID=16) (Nov 12, 2001 10:07:35 PM)
Good luck to all!

Linda Abraham (ID=19) (Nov 12, 2001 10:07:40 PM)
November 19, MIT; November 26, UCLA; December 5, NYU; December 18, Tuck; January 22, UT Austin

PaulBodine (ID=21) (Nov 12, 2001 10:07:45 PM)
Thank you Kenan-Flagler!

Linda Abraham (ID=19) (Nov 12, 2001 10:07:47 PM)
Please check our MBA Chat Schedule for exact times and details.

farley (ID=22) (Nov 12, 2001 10:07:48 PM)
???Hopefully I will see you all next fall!

Linda Abraham (ID=19) (Nov 12, 2001 10:07:54 PM)
I appreciate feedback. Please send your suggestions and criticisms to chatfeedback@accepted.com.

Linda Abraham (ID=19) (Nov 12, 2001 10:08:00 PM)
Have a very good evening! Good luck with your applications!

sherry wallace K-F (ID=20) (Nov 12, 2001 10:08:04 PM)
Regarding Essay #3: no rules. Just tell us what you are assuming and structure it appropriately

JonathanPL (ID=18) (Nov 12, 2001 10:08:14 PM)
Thx.

MiguelUzcategui (ID=26) (Nov 12, 2001 10:08:30 PM)
Thanks!!!

Cindy tokumitsu (ID=25) (Nov 12, 2001 10:08:34 PM)
Thank you, KF! Good luck to the applicants!

Linda Abraham (ID=19) (Nov 12, 2001 10:08:37 PM)
Thanks again for coming and sharing your knowledge of the program and your questions.