Fuqua to Offer One Year Master's in Business Program

Posted by: Alison Damast on March 26, 2009

Prospective students hesitant about shelling out $100,000 or more for a two-year MBA may be intrigued by a new program announced this week by Duke University’s Fuqua School of Business. The new nine-month master’s program is aimed at people with little or no professional business experience and will prepare them for entry-level jobs in business, according to a press release from the school.

Over the course of four six-week terms, the students will take classes in finance, accounting marketing, strategy, operations, decision analysis and management. They can also take “boot camp” courses in statistics and computer skills. At the end, students will be prepared for entry-level jobs in the business world, the school says. The program, called the “Foundations of Business Degree” will start this August and students can start registering online in the next week or so on the Fuqua Web site.

Call me crazy, but this sounds like a crash-course MBA to me. And at a good value: the price of the Duke program is $38,000, significantly less than most MBA programs. A program like this may just be the antidote to the job-searching blues that many undergraduates are now experiencing.

Recent graduates, do you think enrolling in a program like this would make you more competitive in today’s job market?

Reader Comments

FutureMBA

March 30, 2009 8:51 PM

Sounds like a good idea to me. If you are from a liberal arts school you could actually get some of the skills and knowledge that would make you employable. Plus you get to sit out a year and maybe come out in a better hiring environment.

JadeFS

March 31, 2009 2:59 PM

Actually the total cost of attending the 9 month program is approximately $60,000. A typical stafford loan for 5-years raises the cost to ~72k with a monthly payment of ~$1,200. So you better be reasonably sure that you can secure a job that will pay you ~15k more a year than without this degree. For this price you can get an on-line MBA from Indiana's Kelley, Arizona State' Carey, Penn State or even a foreign one like Instituto de Empressa while accumulating full-time working experiences.

Scorpio

March 31, 2009 4:06 PM

DOESN'T SOUND GOOD OPTION.
1. you would want to be in school for 2yrs in this economy and not graduate in Recession
2. when you're spending $40k, why not $100 ( it doesnt come to this giving the scholarships, RAship you do and internship money you get). and you'll get a well rocgnized mba degree

ano

March 31, 2009 5:19 PM

It depends on the type of employers that would be interested in hiring these duke masters students. I would like to see a list of companies (e.g. mckinsey, google, goldman, etc) and get a better feel for starting salaries. in europe, it is very common to obtain a masters of science degree (i.e. a one-yr degree) right after college/university and most if not all of these get hired as college grads from a comp standpoint.

Sid

April 1, 2009 9:27 AM

Can anyone throw some light on this program

joe

April 29, 2009 2:35 AM

you are crazy. you're not going to get a good job from this investment. it states clearly on their own site that it is not an mba, any pretense that it will be a substitute is simply bad advice. if saving 40 grand is that important to someone, then they should take those 'foundation' type of courses at a community college before they even go to biz school, then apply for an mba and take the best package they can get.

scott

March 12, 2010 7:10 PM

im in the program now and would be able to offer some insights should anyone be interested....overall it has been a great experience....some companies that have hired include: The Duke Endowment, PWC, RBS, Morgan Stanley, Capital One, LEK Consulting, Accenture amongst others.

Mritunjay Sinha

March 18, 2010 6:59 AM

Hey Scott,

I have applied to this program for the year 2010. Could you please let me know about the details about the program ?
1. Program details
2. Career prospects
3. Overall scenario
4. Student life
5. Cost
6. Any other relevant information

Thanks a lot,
Regards,
Mritunjay Sinha
sinha.mritunjay@gmail.com

Rahul

March 20, 2010 12:35 PM

I think it is a fantastic idea.. quiet frankly... a lot of people do not the field of work they will excel in... getting a crash course on all the aspects of business will definitely help them make an informed decision. I am sure that this program will be a huge success....

jason

April 9, 2010 1:08 PM

Best Institute

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jason

April 16, 2010 8:51 AM

Achieve your goal

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jason

April 19, 2010 8:10 AM

Set your goals
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