Fuqua School of Business (Duke University)

City: Durham 
State: North Carolina
Country: United States 
Year Founded: 1969
Average GMAT score: 710

About #

Duke University’s Fuqua School of Business enrolls over 2,000 students across ten different degree programs. Fuqua prides itself in nurturing future business leaders from around the world who know how to bring teams together for a common purpose. Named after J.B. Fuqua, a young man determined to study even during the Great Depression, Fuqua School of Business has now grown into a world-renowned university. With over 23,000 alumni and strong professional connections with fortune 500 companies, Fuqua School of Business stands out from other business schools. Fuqua emphasizes the ability to overcome any obstacle with education and hard work, and it passes this drive on to its students. Located in North Carolina, Fuqua’s campus is comprised of state-of-the-art facilities, which provides for the perfect dynamic for collaboration, teaching, and researching.  

Rankings #

#9 Financial Time 2021 Global MBA Ranking
# 12 USNews Best Business Schools
#7 USNews – Executive MBA
#21 QS Global MBA Rankings 2021 

MBA Program Overview #

Fuqua School of Business offers students numerous MBA programs to choose from. Depending on where students’ strengths, previous experience, and future goals are, MBA programs are available to suit their needs. The Accelerated Daytime MBA, Daytime MBA, Global Executive MBA, Weekend Executive MBA are all offered by Fuqua. The Daytime, or Full-Time, MBA program is a world-renowned and top-ranked MBA program. Students leave the full-time MBA program as open-minded leaders who are ready to inspire organizations. 

Featured Professors #

Dan Ariely

Professor Ariely is the James B. Duke Professor at Duke Fuqua. He is an expert in Psychology and Behavioral Economics and helped found the Center for Advanced Hindsight. His research includes analyzing the ‘irrational ways people behave.’ Due to a personal experience undergoing irrational behavior after a traumatic experience, Professor Ariely dedicated his life to understanding and researching ways to deliver painful and unavoidable treatments to patients. He believes research in this field can help individuals avoid making predictable and repeated mistakes.

Leslie Marx

Professor Marx is Robert A. Bandeem Professor at Fuqua School of Business. Her expert areas include game theory and industrial organization. Her research is on the problem of anti-competitive contract provisions. Her research helps to detect and mitigate collusion in auctions and markets. As well as providing guidance for antitrust authorities to understand anti-competitive behavior. Professor Marx is well published, with her research appearing in American Economics Review, Review of Economic Studies, Journal of Political Economy, and Quarterly Journal of Economics. She is currently a member of the editorial board for the International Journal of Game Theory. She has also received numerous awards, including the Australian Research Council Discovery Project Grant and the Sloan Doctoral Dissertation Fellowship. Professor Marx received her B.S. from Duke University and her M.A. and Ph.D. from Northwestern University.

Year One Description #

The first year at Fuqua starts with an intensive month-long orientation. During this month, new students attend three courses that emphasize leadership skills meant to prepare them for the next two years. The rest of their first year is broken up into four 6-week terms of classes. The semesters are structured so that students can have the flexibility to create their perfect MBA program. 

Fall Semester Mandatory Classes

  • Orientation (3 days) 
  • Summer (4 weeks)

– Core Classes (3) 

  • Fall 1 (6 weeks)

– Core Classes (5)

  • Fall 2 (6 weeks)

-Core Classes (4)

Spring Semester Mandatory Classes

Winter ( Optional elective workshop in managerial improvisation) 

Spring 1 (6 weeks)

– Core classes 1 

– Electives 2

Spring 2 (6 weeks)

– Core Classes 1 

Electives 2 

Year Two Description #

During their second year, students have the choice to take around 3 electives per term so that they may tailor their studies to fit their interests and future goals. 

Applicant Requirements #

The Application for Fuqua School of Business Daytime full-time MBA program is meant to show the admissions committee who applicants are and present themselves in the best way possible. In the application process, applicants need to include (if applicable) their preferred interview location, dual degrees, the concentration of concentrations, and certificates or MSTeM Track.

Transcripts

Transcripts are required for each college or university the applicant attended. These institutions include: 

  • Where a degree has been (or will be) earned
  • Studied for at least one semester
  • Earned 12 or more credits
  • Took a class relating to graduate study interests

Transcripts can be sent either electronically or as a hard copy. Only after an offer of admission has been extended, do applicants need to submit official copies of their transcripts. 

GMAT/GRE Information

Applicants can submit either GMAT, GRE or EA scores. Official score reports do not need to be reported unless an offer of admission has been extended.  

Foreign Language Requirements

ESL test scores are not accepted by Fuqua. English proficiency is assessed based on other aspects of the applicants’ applications. 

Essay Description

1 short answer and 2 essays are due as part of the application process. They must be written with font larger than 10 and have spacing of 1.5. Concise answers are best for the application process. 

Essay Question 1

Short Answer: What are your post-MBA career goals? Share with us your first choice career plan and your alternate plan (500 words)

Essay Question 2

25 random things about yourself (750 words). This essay is to help the admissions committee get to know the potential candidates at a more personal level. Candidates need to write about unique experiences, hobbies and achievements beyond their academic and professional experiences. 

Essay Question 3

The Fuqua community and you. (300 words max). Based on your understanding of the Fuqua culture, what are 3 ways you expect to contribute at Fuqua? 

Optional Essay

Tell us more. Tell the admissions committee about circumstances of which may impact the application of the candidate. 

Recommendations

Recommenders must fill in the online form as part of the online application. Recommenders must be able to write on the applicant’s performance in a professional setting, including the applicant’s most recent professional setting. One letter of recommendation is required. A second, optional, recommendation is also a possibility. 

Resume

Fuqua wishes for applicants to submit a 1-page business resume. An applicants resume can include: 

  • Full-Time Employment
  • Volunteer Work
  • Internships
  • Part-time work experience
  • Education

Interview

Interviews are conducted by either an admissions committee member, an alumni, or an admissions fellow. The interviews are done in English and are about 40 minutes in length. Open interviews are available for all potential applicants. Otherwise, interviews by invite-only are conducted. 

Unique Aspects #

Team Up

Students entering their first year are assigned into teams of 4 or 5 fellow peers. With their team, students will complete class projects for core courses. The team comprises first-year students who come from different backgrounds, cultures, and perspectives so that they are a well-rounded and dynamic team. Students learn alongside their teams on how to achieve goals together while using each member’s unique strengths and skills. 

GATE

GATE stands for Global Academic Travel Experience. The opportunity is for students who wish to learn about and travel to a new country and gain practical experience in international business. Students spend six weeks undergoing coursework in preparation for their travels. They then spend 2-weeks touring the region they studied, meeting with locals, and learning from businesses and government leaders.

Student Life #

Students can live their leadership experiences at Fuqua by running and organizing clubs and activities with a diverse and determined set of individuals. Even Fuqua’s student government has a great deal of autonomy to make decisions and oversee student policies and operations. Students can become part of a whole host of clubs, whether they are professional, for diversity, or activity clubs. Students who wish to give back to the community of Durham can even engage in service opportunities where they can build relationships while giving back to a broader cause.  

Costs #

Total Cost: $67,741

Tuition: $70,000

Books and Supplies: $632

Health Insurance: $7853 (incl. Other fees)

Room and Board: $19,256

Class Profile of 2022 #

  • Program Length: 22 months
  • Total Enrollment: 408
  • Average Age: 29
  • Women 46% 
  • US Minorities: 38% 
  • International Students: 38% 
  • Countries Represented: 44
  • Average GPA 3.07-3.86 (middle 80%)
  • Average Work Experience: 5.6 years

Previous Work Locations/Fields

  • Financial Services (15%)
  • Consulting (15%)
  • Hospital/Health Care (11%)
  • Analytics (7%)

Employment Report, Class of 2020 #

  • Received an offer: 90% (by Graduation), 93% (by 3-months post-graduation)
  • Median Salary: $135,935 (Average)
  • Median Signing Bonus: $35,032 (Average)

Top Industry Destinations

  • Consulting (31%)
  • Technology (27%)
  • Financial Services (18%)
  • Healthcare (8%)
  • Consumer Packaged Goods (5%)

Top Function Destinations

  • Consulting (33%)
  • Finance (22%)
  • General Management (18%)
  • Marketing/Sales (17%)
  • Operations/Logistics (4%)

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