Established 1969 (1969) Doctoral students 78 Phone +1 919-660-7734 Dean Bill Boulding | Acceptance rate 24% (2012) Total enrollment 1,713 (2011) Colors White, Duke blue | |
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Postgraduates 861 full time MBA503 executive MBA130 MMS:FOB Undergraduate tuition and fees Domestic tuition: 50,300 USD (2011), International tuition: 50,300 USD (2011) Notable alumni Tim Cook, Melinda Gates, John A Allison IV, Jessica Faye Carter, Quin Snyder Similar Duke University, Booth School of Business, University of Virginia Darden S, Tuck School of Business, New York University Stern Sch Profiles | ||
The Fuqua School of Business (pronounced /ˈfjuːkwə/) is the business school of Duke University in Durham, North Carolina, United States. It currently enrolls more than 1,300 students in degree-seeking programs. These programs include the Daytime Master of Business Administration (MBA), the Global Executive MBA, the Cross Continent MBA, the Weekend Executive MBA, the Master of Quantitative Management, the Master of Management Studies: Foundations of Business, Master of Management Studies: Duke Kunshan University (starting in fall 2014), joint degree programs (including joint degrees in medicine, law, environmental management, forestry, public policy, and nursing), and a Ph.D. program. Additionally, Duke Executive Education offers non-degree business education and professional development programs. Fuqua is currently the 3rd ranked business school in the United States by Bloomberg BusinessWeek.
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History
Formed in 1969, the Graduate School of Business Administration enrolled its first class of 20 students in 1970. In 1974, Thomas F. Keller, a 1953 Duke graduate, became the graduate school's new dean. In three years, Keller's capital campaign raised $24 million, $10 million of which came from businessman and philanthropist J.B. Fuqua. The graduate school's name was then changed to The Fuqua School of Business.
J.B. Fuqua was raised by his grandparents on a tobacco farm in Prince Edward County, Virginia. Fuqua began his relationship with Duke University when he borrowed books by mail from the Duke library. J.B. Fuqua's cumulative giving to Duke was nearly $40 million at the time of his death on April 5, 2006.
In September 2008, Fuqua launched an expansion initiative to establish offices in St. Petersburg, Russia; Dubai, United Arab Emirates; Shanghai/Kunshan, China; New Delhi, India; and London, England.
Admissions
Admission to the Fuqua School is highly competitive. For the Daytime MBA Class of 2018, 22% of 3,737 applicants were accepted to fill a class of 446; the average GMAT score was 695. Fuqua reports an 80% GMAT range of 640-750, with 40% international and 35% female students.
Academics
The school's faculty is organized into ten disciplines, including Accounting, Marketing, Decision Sciences, Economics, Finance, Management, Health Sector Management, Management Communication, Operations Management, and Strategy. The daytime MBA program offers concentrations in Marketing, Decision Sciences, Energy and Environment, Entrepreneurship and Innovation, Finance, Financial Analysis, Leadership and Ethics, Management, Operations Management, Social Entrepreneurship, and Strategy. The faculty was ranked No.1 in the US by BusinessWeek (Intellectual Capital) in 2010 and 2012.
While working at Duke University, former Professor Robert E. Whaley developed the Chicago Board Options Exchange Volatility Index (ticker symbol: VIX), a measure of the implied market volatility. Another notable faculty member is Dan Ariely, an Israeli-American professor of psychology and behavioral economics.
Joint Degrees
The Duke MBA offers several joint degree programs in conjunction with other highly respected graduate and professional programs at Duke. These programs allow students to earn two degrees in less time than if they pursued the two separately.
Joint degrees offered with Duke University School of Medicine, Duke University School of Law, Nicholas School of the Environment and Earth Sciences, Sanford School of Public Policy, and the Duke University School of Nursing.
Research Centers
Research centers at The Fuqua School of Business further specific academic interests of the business school. Such research centers include:
Careers
The 2011 Forbes full-time MBA rankings indicated that Fuqua graduates achieved the 15th highest average salary following graduation for the class of 2013.
The 2013 Financial Times ranking indicated that of the MBAs graduating in 2009, Fuqua graduates achieved the 14th highest salary in the United States, and the 20th highest salary worldwide, three years after graduation.
For the graduating, full-time MBA Class of 2013, the top three hiring companies include: Deloitte (28 hires), Microsoft (12 hires), and Accenture(12 hires).
Daytime MBA
The daytime MBA program at The Fuqua School of Business was ranked:
The daytime MBA program at The Fuqua School of Business also has the following rankings based on each respective category:
Corporate Education
Duke Corporate Education, a carve-out of the Executive Education program at The Fuqua School of Business, was ranked:
Executive MBA
The Executive MBA program at The Fuqua School of Business was ranked: