FULL-TIME MBA Profiles Publish Date 11/05/09

Duke University

Fuqua School of Business

Getting In

PROGRAM BASICS

The Duke MBA - Daytime

The Fuqua School of Business

1 Towerview Drive
Box 90120
Durham , North Carolina 27708-0120 United States

Program Web site:

http://www.fuqua.duke.edu/programs/duke_mba/daytime

Status:

Private Institution

Program e-mail address:

Admissions-info@fuqua.duke.edu

Graduate business school is accredited by:

AACSB International

Other

SACS

SCHOOL BASICS

Graduate business school enrollment:

Total: 1,673
Full-Time MBA: 888
Executive MBA: 605
PhD Program: 81

Graduate degree programs:

Other graduate degree programs:

Master of Management Studies

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $ 95,199
Nonresident : $ 95,199
Recommended annual budget (Resident): $ 66,033
Recommended annual budget (Nonresident): $ 66,033

PROGRAM LENGTH

Full-time program (months):

ADMISSIONS

Application Deadlines

Deadline: October 6, 2009
Deadline: November 12, 2009
Deadline: January 7, 2010
Deadline: March 9, 2010

Does the program have rolling admissions?

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Which English language proficiency tests are accepted?

IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Relative Importance of Application Elements:

GMAT Score:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Very Important

Interviews:

Very Important

Recommendations:

Very Important

Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

2,909

Applicants who were accepted to the most recent class:

30 %

Admitted applicants who enrolled in the newest class:

51 %

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

75 %

Admitted applicants who were interviewed:

95 %

APPLICANT POOL

International applications received:

48 %

Applications from women received:

29 %

Mean base salary forgone:

$ 58,451

Median base salary forgone:

$ 57,000

CLASS PROFILE

Full-time students in newest entering class (2009-2010) that are:

Female: 38 %
International: 39 %
Married: 28 %

Students from following regions:

Asia: 27 %
Latin America and the Caribbean: 5 %
Middle East: 2 %
North America: 56 %
Western Europe: 2 %
Dual citizenship: 7 %

Percentage of U.S. students in newest entering class that are:

African American: 12 %
Asian American: 16 %
Hispanic or Latino American: 4 %
White (Non-Hispanic): 63 %
Chose not to report: 5 %

Percentage of U.S. students in newest entering class who are from the following regions:

Northeast: 28 %
Mid-Atlantic: 21 %
South: 20 %
Southwest: 3 %
Midwest : 10 %
West: 11 %
Possessions and territories: 0 %

Mean months of work experience of newest entering class:

Median months of work experience of newest entering class:

Middle 80% range of work experience of newest entering class in months:

From: 36
To: 107

Median age of entering class:

Mean age of entering class:

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs who applied for financial aid for the current academic year:

73 %

Full-time MBAs receiving financial aid in the current academic year:

73 %

On what basis are scholarships awarded?

Academic merit

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study:

100 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

Yes

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$ 88,049

GMAT

Are applicants required to take the GMAT?

Yes

GMAT scores:

Mean : 688
Median: 690

Middle 80% range GMAT scores:

From: 620
To: 750

Academics & Lifestyle

CLASS OFFERINGS

Average number of students in a full-time MBA core class:

Average number of students in a full-time MBA elective class:

Elective courses available to full-time MBA students:

Electives that have been added to the full-time program since June 30, 2009:

Game Theory for Strategic Advantage
Outsourcing Strategy
Strategic Implementation
Emerging Markets
New Venture Creation

Year of last major change or significant overhaul to the core curriculum:

2007

Concentrations and specializations offered to full-time MBA students:

Accounting

Entrepreneurship

Finance

General Management

Health Care Administration

Leadership

Marketing

Operations Management

Strategy

Other: Decision Sciences, Energy & Environment, Corporate Finance, Investment Finance, Financial Analysis, Product Management, Market Analysis & Strategy, Social Entrepreneurship

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

MBA/MD (Medicine)

MBA/ME (Engineering)

MBA/MSN (Nursing)

Other

Does the school offer an accelerated full-time MBA program?

The school believes that its leading areas of study for full-time MBA students are:

Finance

General Management

Health Care Administration

Marketing

Strategy

FACULTY

Faculty employed by the B-school:

140

Full-time faculty:

Tenured: 65
Non-Tenured: 36

Adjunct/Visiting Faculty:

Tenured: 3
Non-Tenured: 38

Women on Faculty:

Tenured: 12
Non-Tenured: 15

Minority Faculty:

Tenured: 13
Non-Tenured: 14

International Faculty:

Tenured: 24
Non-Tenured: 20

Faculty with PhDs:

Tenured: 65
Non-Tenured: 64

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Business Law

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Environmental

Finance

High Tech

Investment Banking

Marketing

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:

Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used:

Case Study: 33 %
Experiential Learning: 5 %
Lectures: 33 %
Simulations: 5 %
Team Projects: 24 %

Requirements for graduation:

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/letter grade average

TECHNOLOGY

Technology improvements in the last three academic years:

The recent completion of our new building, Breeden Hall and the renovation of our other classrooms have brought significant technology enhancements to the teaching environment at Fuqua. New classrooms and auditoriums are now equipped with dual HD screens across the front of the teaching space and feature “Lectopia” recording systems which allow recorded audio, video and VGA presentation material to be uploaded and distributed via streaming or download. The new building includes 28 new team rooms with computers and large flat panel monitors, and we implemented a team room reservation system integrating software with motion sensor equipped displays to show team room availability on student information display panels located throughout the building. Further, new mobile device software now enables wireless synchronization of data between Fuqua’s internal scheduling application and wireless data devices including Palm, BlackBerry, and Pocket PCs. As part of a student sustainability initiative, we also added duplex printing on all network printers throughout the entire MBA Computing Space. We have implemented podcasting with iTunes U and integrated content with a mobile content portal for Fuqua's faculty, staff, and student intranets. Finally we have deployed a custom, social networking tool to enable students to more easily connect with one another based on similar interests and background. In 2009, Fuqua released a new version of the Duke Learning Platform as part of the redesign of The Duke MBA – Cross Continent program. The new version includes numerous web 2.0 technologies that enhance collaboration and the user interface.

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

13,419

Active MBA alumni clubs:

Countries in which MBA clubs exist:

Living MBA alumni who gave in past year:

19 %

Mean gift from MBA alumni:

$ 1,201

Median gift from MBA alumni:

$ 200

Did school receive an individual gift in excess of $10 million in the past academic year?

Business school endowment

$ 174,315,810

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://www.duke.edu/alumni.html

Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

http://www.fuqua.duke.edu/alumni/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 90 %
Graduates not seeking employment: 7 %
Graduates for whom you have no information regarding employment: 3 %

Annual job-searching trips that the school coordinates or participates in:

N/A

Primary source of job offer:

School-facilitated activities: 71 %
Graduate-facilitated activities: 28 %
No information provided by graduate: 1 %

Job Offers for 2009 graduates:

Received first job offer by graduation: 72 %
Received first job offer in three months following graduation: 6 %
Received first job offer more than 3 months after graduation: 5 %
Did not report having received a job offer: 17 %
Accepted first job offer by graduation: 68 %
Accepted first job offer in three months following graduation: 8 %
Accepted first job offer more than 3 months after graduation: 5 %
Did not report having accepted a job offer: 19 %

Top recruiting organizations most recent academic year:

Deloitte Consulting 17
Boston Consulting Group 11
Dell 11
Johnson & Johnson 11
Pricewaterhousecooper, LLC 9
Bain & Company 6
Bank of America 5
Accenture 5
LEK Consulting 5
Apple, Inc. 5
Schlumberger Business Consulting 5
Sears Holding Company 5
Eli Lilly Company 5
Citi 5
Merrill Lynch 5

Job-accepting graduates who received a signing bonus:

62 %

Base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary: $ 102,331
Median base salary: $ 100,000
Mean signing bonus: $ 22,705
Median signing bonus: $ 20,000
Mean other guaranteed compensation: $ 22,606
Median other guaranteed compensation: $ 20,000

Graduating students who accepted jobs in the following functional areas:

Consulting: 30 %
Finance/Accounting: 22 %
General Management: 22 %
Marketing/Sales: 21 %
Operations/Logistics: 2 %
Other: 3 %

Graduating students who accepted jobs in the following industries:

Government: 1 %
Consulting: 29 %
Consumer Products: 3 %
Financial Services: 19 %
Manufacturing: 23 %
Media/Entertainment: 1 %
Non-Profit: 1 %
Petroleum/Energy: 3 %
Pharmaceutical/Biotechnology/Health Care: 10 %
Technology: 2 %
Other: 8 %

Graduates who accepted full-time jobs in the following regions:

Africa: 0 %
Asia: 14 %
Latin America and the Caribbean: 2 %
North America: 83 %
Western Europe: 1 %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 25 %
Mid-Atlantic: 8 %
South: 15 %
Southwest: 10 %
Midwest: 10 %
West: 9 %

Top recruiting organizations for internships, most recent academic year:

Johnson & Johnson 22
American Express 8
Bank of America 7
Deloitte Consulting 7
McKinsey & Company 6
IBM Corportate 6
Eli Lilly & Company 6
JPMorgan 6
Kraft Foods 5
Proctor & Gamble 5
Education Pioneers 5
Genentech 5
Citi 5
Bain & Company 4
Credit Suisse 4

Weekly internship compensation:

Mean: N/A
Median: N/A

Average internship length in weeks:

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

I have referred several of my friend's to my MBA program. The collaborative and supportive culture created a challenging learning environment balanced with flexibility to explore my skills and develop as a leader. Duke's program is small yet diverse enough that many great lessons came from conversations with my peers in and outside of classrooms. -- Marketing

I came to business school to build a network, learn some key skills and obtain a position in general management after school. I loved the experience, met some amazing people and got to really grow through the program. I could not have chosen a better program for myself. I loved the culture at Duke. -- Finance

Fuqua has a great culture and we are a very tight knit community. There are several opportunities to be involved and have leadership positions. I grew both professionally and personally from my experience at Fuqua. -- Marketing

If you have a family then I would definitely recommend Fuqua as the right school. There is a strong partner network and relatively low cost of living. -- Finance

I had such a great time at Duke. It was the best two years of my life. I would recommend it to my peers as a transformational experience, from wherever they are, to becoming a business professional. But I do realize it is not for everyone. That supportive atmosphere may not be what everyone is looking for. -- Marketing

I think that the Duke MBA provides the perfect mix between quantitative theroy and qualitative practice. The students, although highly competitive, do not hide information; rather, they are very helpful. Same goes for the professors. -- Investment Banking

I had a great experience and have developed tremendously as an individual. I would definitely want my friends to go through a similar experience. -- Investment Banking

Excellent relationships with recruiting companies, outstanding health sector management program, renowned faculty. -- Consulting

Fuqua is an extremely collaborative and challenging environment. When I reflect on all of the skills I acquired during such a short time along with my personal growth, I would highly advocate business school for anyone who plans to further their career in business. -- Marketing

Duke (Fuqua) has a unique culture that may not be liked by everyone. Therefore, my recommendation to attend the program would be based on the colleague's personality to ensure the right fit between program and person. If someone has that personality, then I would definitely recommend Duke. -- Marketing

I like the atmosphere and living environment of Duke University very much. The smart people and faculty also greatly help me in learning the stuffs I really interested. I helped couple of my past colleagues apply and enroll in the class of 2010 already. -- Marketing

I would definitely recommend the program, primarily due to the way these last two years have affected my life both professionally and personally. It has been easily the single best decision I have made in my life. -- Consulting

Teachers were very passionate, and team-oriented study culture was worthy. Most of all, my brilliant collegue was the greatest asset for me. -- Marketing

I had a great experience at Duke. I believe most people would benefit from an MBA, and an MBA from Duke supports most career paths. -- Marketing

I feel that I received an extremely well-rounded educational experience at Duke. -- Marketing

Not only did Duke exceed my expectations in academics, the people I met, the leadership skills I obtained, and the just new ways of thinking I now have - there is no reason someone should not chose Duke. Someone commented to me after a year at Duke MBA, I have changed, for the better. -- Consulting

My MBA program was excellent. I not only received an a strong education but I also had the opportunity to learn from and befriend some of the most intelligent people that I ever met. Diversity is a stable in Duke's MBA program and I can't help but believe it gives it a strong advantage. -- Marketing

Duke was absolutely the right choice for me. It enabled me to learn the tools necessary to make a drastic career change from education to brand management while meeting some of the most brilliant people I'll ever know. The professors are truly committed to delivering an effective and challenging learning experience. -- Marketing

Duke has a very strong career center and very strong teaching professors. The quality of students admitted needs to be improved. Duke is a hidden gem for those interested in studying finance. The school gets many accolades for its Marketing and Consulting tracks, but Duke has a world class Finance faculty and excellent Finance classes and teaching. -- Investment Banking

I have been impressed by the immediate reaction of Duke to the needs and concerns of the students. I have been able to implement new programs and coursework during my two years of attendance. -- Venture Capital/Private Equity

I have been continually impressed by the intelligence, leadership, and resilience of my fellow students. During a very difficult time when the scandal broke, there was a defining moment when we either decided to stand together behind the decision, or break apart. -- Marketing