Admission into the WF Business School is a competitive affair. Students are not directly admitted into business school at WF, but must apply during their sophomore years for entry as a junior.
There are threads that discuss WF in the WF forum. Here’s one about the business school: Wake Forest University Business School
In that thread are various perspectives from students&parents about how easy/difficult it is to get into the business school. And there are varying degrees of satisfaction/unhappiness about the process. Well worth a read.