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UNC's Kenan-Flagler to start online MBA

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UNC's Kenan-Flagler Business School announced this morning that it will begin an online MBA program next summer, following the recent news of a similar degree at N.C. State.

The Chapel Hill school is accepting applications for its first class, which will be limited to 50 students and is scheduled to start in July 2011. Tuition will be $89,000 for the two-year program. That total will include books, texts, student fees and lodging and food costs for four weekend immersions.

N.C. State's College of Management plans to begin taking applications in January and start its program next fall. Its 2-year program will cost $30,600 for in-state residents.

Both schools are betting on the increasing acceptance of online learning, especially among busy professionals who want a business degree. More than 80 universities now offer online MBAs. But some schools, including Duke University, have refused to join the trend.

UNC's new program will have the same admissions criteria of its traditional MBA, and the classes will be designed and taught by Kenon-Flagler professors.

"As we redefine what quality online education means, our goal is to be the preeminent MBA program," said Kenan-Flagler dean James W. Dean Jr., in a statement.

UNC is working with an outside company, 2tor Inc., to develop the program, MBA@UNC.

“MBA@UNC continues our role as an innovator and educational leader,” said executive director Susan Cates, a graduate of UNC’s residential MBA program, in a prepared statement. “I’m proud that it fulfills UNC’s mission to enhance access to learning so that we can develop the next generation of leaders.”

Read more about UNC's online MBA here.


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Excellent News

I am glad to hear that another tier 1 school is now offering an online mba program.  The bottom line is that not many people have the time to attend school in an actual classroom.  I am one of them as I spend 6 months a year out of the country.  I hope this will create a flood of other tier 1 programs to join the online world.


Having an on-line MBA programs means that UNC football players will all soon earn an MBA along with their communications degrees!

Dont forget about...

the BS in Geography offered at UNC.  Clearly we need more Geographers to help the state keep up in the global economy!  Seriously though, this is good news.  I am doing a part time MBA at NCSU's RTP campus and I am glad there are more online options becoming available (full disclosure, I got into Duke and UNC's programs but they were too expensive and my company would only pay for NCSU).

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About the blogger

Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or e-mail him.