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2002 FULL-TIME MBA PROFILE
Duke University
Fuqua School of Business
ENROLLMENT
2002/2003 Classes begin:
Aug. 19, 2002
Year program was founded: 1969
Institution is: U.S., Private
Length of program: 22 months
Total graduate enrollment 1,291
Full-time 696
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA 595
PhD program 65
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 34%
International students (1) 34%
Underrepresented minority (2) students 13%
Married 24%
Percent students from following regions:
Africa 1%
Asia 15%
Central/South America, Mexico 8%
Eastern Europe 2%
Middle East 2%
North America
(Canada: n/a / U.S.: n/a ) 70%
Oceania n/a
Western Europe 5%
North American students by region:
Canada n/a
Mid-Atlantic U.S. 9%
Midwest U.S. 12%
Northeast U.S. 21%
South U.S. 14%
Southwest U.S. 8%
U.S. Possessions and territories 0%
West U.S. 13%
(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 701
Range (middle 80%) 640 - 760
TOEFL Scores*
Mean TOEFL score n/a
Minimum TOEFL score required 600
Work Experience (months)
Average 64
Range (middle 80%) 36 - 101
Enrolled students with one year or less of work experience n/a
Student Age (years)
Average 28
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 (resident): $175
Application fee (non resident): $175
3,382 people applied to the full-time MBA program in 2002. The school accepted 19% (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 n/a ultimately enrolled in the program. 5% of applicants had applied in prior years, and of those reapplicants 23% were accepted.
Applicant Profile:
Female applicants 24%
International applicants (1) 38%
Underrepresented minority (2) applicants 5%
Applicants with one year or less work experience 1%
Interviews for MBA applicants are:
Recommended
In 2002, the B-school interviewed 80% of its full-time MBA applicants, and 85% 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 2005
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $62,700
Nonresident $62,700
Expected monthly rent $410
Recommended annual budget (1) $46,778
Application deadline(s)
Oct. 31, 2002
Dec. 16, 2002
Jan. 30, 2003
Mar. 13, 2003
Rolling admissions?
Yes
Financial aid deadline(s):
Mar. 15, 2003
First-year MBAs:
Average financial aid package $29,837
Range (middle 80%) $7,500 - $47,333
Average first-year scholarship awards (not including loans) $13,827
Second-year MBAs:
Average financial aid package $26,917
Range (middle 80%) $7,500 - $47,053
Average second-year scholarship awards (not including loans) $13,456
Full-time MBAs receiving financial aid through B-school 87%
Graduate assistantships offered to qualifying MBAs? No
Scholarships are merit or need based?
Merit-based
19 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months
Guaranteed loan? (2) No
Maximum amount students can borrow: n/a
Average outstanding loans for 2002 graduates: $56,536
Financial aid web-site:
http://www.fuqua.duke.edu/admin/stuserv/fin_aid/
fi
(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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