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2001 FULL-TIME MBA PROFILE
Duke University
Fuqua School of Business
ENROLLMENT
2001/2002 Classes begin: Aug. 2001
Year program was founded: 1969
Total graduate enrollment 1,318
Full-time 682
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA 586
PhD program 50
Current total undergraduate business school enrollment n/a
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 30%
International students (1) 34%
Underrepresented minority (2) students 21%
Married 20%
Percent students from following regions:
Africa 1%
Asia 14%
Central/South America, Mexico 9%
Eastern Europe 1%
Middle East 1%
North America
(Canada: 2% / U.S.: 98% ) 70%
Oceania n/a
Western Europe n/a
North American students by region:
Canada 2%
Mid-Atlantic U.S. 12%
Midwest U.S. 12%
Northeast U.S. 17%
South U.S. 16%
Southwest U.S. 17%
U.S. Possessions and territories n/a
West U.S. 17%
(1) Students from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
CLASS TRAITS
GMAT Scores
Average 688
Range (middle 80%) 630 - 750
TOEFL Scores*
Mean TOEFL score 637
Minimum TOEFL score required 600
Work Experience (months)
Average 63
Range (middle 80%) 35 - 98
Enrolled students with less one year or less work experience 1%
Student Age (years)
Average 27
Range (middle 80%) 25 - 32
Salary
Average annual pay forgone to enter program n/a
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee: $150
3,207 people applied to the full-time MBA program in 2001. The school accepted 20% (selectivity) of those applicants, and 57% of admitted applicants (yield) enrolled in the program.
The B-school placed n/a applicant(s) on its wait list, from which 25 were ultimately accepted. 5% of applicants had applied in prior years, and of those reapplicants 30% were accepted.
Female applicants 25%
International applicants (1) 44%
Underrepresented minority (2) applicants 5%
Interviews for MBA applicants are:
Recommended
In 2001, the B-school interviewed 79% of its full-time MBA applicants, and 89% of its admitted applicants.
(1) Applicants from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
INVESTMENT AND DEADLINES FOR CLASS OF 2004
Average total (not annual) cost of full-time MBA program
Resident $59,200
Nonresident $59,200
Expected monthly rent $435
Recommended annual budget (1) $41,474
Application deadline(s)
Nov. 1, 2001
Dec. 17, 2001
Jan. 21, 2002
Feb. 15, 2002
Deadline for scheduling an interview:
Apr. 26, 2002
Financial aid deadline(s):
Mar. 2002
First-year MBAs:
Average financial aid package $32,340
Range (middle 80%) $7,500 - $44,000
Average first-year scholarship awards (not including loans) $13,200
Second-year MBAs:
Average financial aid package $30,400
Range (middle 80%) $5,000 - $44,000
Average second-year scholarship awards (not including loans) $10,200
Full-time MBAs receiving financial aid through B-school 39%
Graduate assistantships offered to qualifying second-year MBAs? No
Graduate assistantships offered to qualifying first-year MBAs? No
Scholarships are merit or need based?Merit based
9 full-tuition scholarships were awarded by the school to full-time MBAs in past 12 months
Guaranteed loan? (2) No
Maximum amount students can borrow: $30,000
Average outstanding loans for 2001 graduates: $51,200
(1) Student budget includes tuition fees and living expenses.
(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.
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