The Daily Tar Heel

Serving the students and the University community since 1893

Sunday March 26th

Kenan-Flagler Business School

UNC's Kenan-Flagler Business School was established in 1919 and renamed in 1991 to honor two prominent American business families and benefactors — Mary Lily Kenan Flagler and her husband, Henry Morrison Flagler.

Kenan-Flagler is consistently ranked among the best business schools in the world. Over 32,500 UNC Kenan-Flagler alumni live in more than 80 countries. The faculty are known for evidence in both research and teaching.



The Old Well and the South Building are pictured on campus on Nov. 17, 2021.

Delta Sigma Pi no longer associated with Undergraduate Business Program after recruitment complaints

Delta Sigma Pi, a co-ed business fraternity at UNC, is no longer affiliated with the University’s Undergraduate Business Program until at least fall 2024. In an email to potential new members, Associate Dean of the UBP Shimul Melwani and Assistant Dean of the UBP Jordan Hale said they received “very concerning complaints'’ from students about the recruitment process.  Melwani and Hale also said they made a formal incident report to the Title IX office of UNC’s Equal Opportunities and Compliance Office, which will conduct its own investigation into the organization, according to the email. 

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DTH Photo Illustration depicting a person handing over 15 file folders.

Breaking down the lawsuits involving UNC in 2022

The University and its affiliated bodies faced several major lawsuits over the course of this year.  There have been no settlements or final rulings in cases involving affirmative action, alleged discrimination in the Kenan-Flagler Business School and unused fees during the pandemic, but a settlement was reached between the University and Nikole Hannah-Jones. 

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DTH Photo Illustration. The Kenan-Flagler Business School has raised its fees.

Editorial: A deep dive into the proposed Kenan-Flagler fee increase

"But the fee increase might produce more positive outcomes than anticipated, even down to helping diversify the undergraduate business program student body. While the cost increase will put some students in difficult financial positions and possibly deter concerned applicants, it could also open up the opportunity for more low-income candidates to attend the school."

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Kerry McIntyre and Rohit Sharma, students of the MBA class of 2023, engage in conversation in the lobby of McColl Building on Monday, Oct. 3, 2022. Hanging behind them are the portraits of Hugh L. McColl, Jr., Mary Lily Kenan, and Henry Flagler, the namesakes of  McColl Building and Kenan-Flagler Business School.

Allegations, administration, accountability: tensions at Kenan-Flagler Business School

This fall, Kenan-Flagler Business School has seen a discrimination lawsuit filed by a former doctoral student, as well as the co-leads of the school’s Diversity, Equity and Inclusion Initiative leaving their positions.  Douglas Shackelford, who had been serving as dean of the school since 2014, unexpectedly retired in September.  In terms of diversity, Kenan-Flagler is 61st out of  81 ranked U.S. business schools, according to Bloomberg's 2022-2023 Diversity Index. 

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Op-ed: Kenan-Flagler Business School needs a change in leadership

"Kenan-Flagler does not prioritize the success of all students, and has made it very clear that if something is not revenue-generating, there is no room for it. Let’s make sure the next dean of UNC's Kenan-Flagler Business School is truly focused on the mission to build and inspire leaders who make the world a better place."

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Cofounders of Lux Libertas Ventures, business and computer science major Sanjeev Musuvathy and business major Nathan Ho, pose for a portrait.

Introducing Lux Libertas Ventures: UNC's first student-run venture capital fund

Lux Libertas Ventures focuses on pre-seed investments into consumer internet startups that attack the problems faced by Generation Z, such as mental health, digital wellness, consumer banking and other areas of exploration.  The organization is run entirely by UNC students with a strong advisory network of executives from Fortune 500 companies and tier one venture capital funds.

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