What Is Fuqua School of Business?
Fuqua School of Business is a graduate business school at Duke University in Durham, North Carolina. Founded in 1969, its Master of Business Administration (MBA) program is regularly ranked among the top 15 programs in the world. In 2023, it was ranked eleventh by U.S. News and World Report.
Key Takeaways
- Fuqua School of Business is a graduate business school based out of Duke University.
- Its MBA program is considered one of the finest in the world.
- Its alum network includes many prominent members, including Tim Cook, the current CEO of Apple (AAPL).
Overview of the Fuqua School of Business
Fuqua School of Business owes its name to John Brooks Fuqua, an American businessman and 澳洲幸运5开奖号码历史查询:philanthropist. Raised on a tobacco farm in rural Virginia, he educated himself by regularly requesting books from the Duke University Library, which the university mailed to his home. In 1953, Fuqua showed his gratitude by making a $10 million donation to the university. By the time he died in 2006, he had given the school almost $40 million in combined lifetime donations.
Today, Fuqua School of Business is known for its inꦓternationally renowned MBA program, as well as for its joint degree programs. These special programs are offered in collaboration with affiliated institutions such as the Duke University School of Law, the Sanford School of Public Policy, and the Duke University School of Medicine.
Fast Fact
Fuqua School of Business has an alum network of over 25,000. Among them are many prominent members, including Tim Cook, CEO of Apple (AAPL); Melinda Gates, co-founder of the Bill & Melinda Gates Foundation; and Michael Lamach, former CEO of Trand (Ingersoll Rand).
Located next to the main campus of Duke University, the business school occupies several buildings, including Breeden Hall, Thomas F.✨ Keller Center, Wesley Alexander Magat Academic Center, and the Lafe P. and Rita D. Fox Student Cente𝓰r.
Statistics
The Fuqua School of Business has more than 2,000 students enrolled in graduate programs. It has 399 students in its 2023-2024 MBA class, 39% of which are international. About 152 faculty members specialize in operations management, decision sciences, accounting, marketing, finance, economics, management and organization, and strategy.
According to U.S. News and World Report, Fuqua had 3,593 prospective students apply for the 2023-2024 school year, with 727 accepted (18%). This acceptance rate is moderately lower than many of the higher-ranked school♛s on the Best Business Schools list.
The 2023-2024 Fuqua class had an average age of 29 and a GPA range of 3.1–3.9. Their GMAT score ranges were 680–760, and average combined GRE scores were 318.
𒐪 Fuqua School of Business Reputation and Standing
U.S. News and World Report ranked the Fuqua School of Business at Duke University as the eleventh best business school.
Upon graduation, the school’s MBA recipients earned an average starting salary of $160,055 in 2022 and an average 澳洲幸运5开奖号码历史查询:signing bonus of $30,000. In the same year, 98% of graduates received their offers within three months of graduation.
澳洲幸运5开奖号码历史查询:Consulting and technology companies have been prominent employers of Fuqua School of Business MBAs in recent years, such as McKinsey & Company, Amazon (AMZN), and Microsoft (MSFT).
Costs to Attend the Fuqua School of Business
As of 2023, the costs to attend Fuqua full-time are:
- Tuition: $75,000
- Living expenses (est.): $23,202
- Supplies, fees, and insurance: $8,533
- Total (one year): $106,735
- Total (two years): $213,470
Fuqua offers an accelerated MBA, which compresses about one and a half years' worth of classes into one year, with students completing the remaining courses within their second year. Costs for the accelerated program are:
- Tuition: $95,700
- Living Expenses (est.): $23,202
- Supplies, fees, and insurance: $8,533
- Total: $127,435
What Rank Is Fuqua School of Business In the U.S.?
It depends on the outlet you prefer. U.S. News and World Report ranks it eleventh, while Forbes ranks it fourteenth.
Is Fuqua School of Business Good?
The Fuqua School of Busin൲ess at Duke University is one of the top business schools in the U.S.
What Is the Average Salary for Duke MBA?
The average salary for Fuqua MBA graduates in 2022 was $160,055.
The Bottom Line
The Fuqua School of Business at Duke University is one of the best business schools in the U.S. Its graduates enjoy a high rate of job placement and pay commensurate with the expertise 澳洲幸运5开奖号码历史查询:they acquire at the school. While the school is e🍸xpensive, the opportunities available to you post👍-graduation are significant.