FULL-TIME MBA Profiles Publish Date 11/13/08

Duke University

Fuqua School of Business

Getting In

PROGRAM BASICS

The Duke MBA - Daytime

The Fuqua School of Business

One Towerview Drive
Durham , North Carolina 27708

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

Association of MBAs (AMBA)

Other

SACS

Years in which the following programs were founded:

Full-time MBA: 1970
Part-time MBA : N/A
Distance-learning MBA: N/A
Undergraduate business program: N/A
Executive MBA: 1984
Executive Education (non-degree): 1980
PhD program: 1982
Doctorate of Business Administration (DBA) program: N/A

PROGRAM COSTS

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

Resident : $ 95,000
Nonresident : $ 95,000
Recommended annual budget (Resident): $ 63,640
Recommended annual budget (Nonresident): $ 63,640

PROGRAM LENGTH

Full-time program (months):

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 1671
Full-time MBA: 878
Part-time MBA: N/A
Distance MBA: N/A
Executive MBA: 706

PhD program: 83
Doctorate of Business Administration: N/A
MS: N/A
MSA: N/A
Other: 4

Undergraduate business school enrollment

N/A

Graduate degree programs:

Other graduate degree programs:

Master of Management Studies

ADMISSIONS

Application Deadlines

October 15, 2008 October 27, 2008 January 7, 2009 March 16, 2009

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

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

N/A

Relative importance: 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:

3122

Applicants who were accepted to the most recent class:

30 %

Admitted applicants who enrolled in the newest class:

46 %

Applicant interviews are:

Recommended

Applicants (admitted and denied) who were interviewed:

71 %

Admitted applicants who were interviewed:

96 %

APPLICANT POOL

International applications received:

54 %

Applications from women received:

29 %

Mean base salary forgone:

$ 57,526

Median base salary forgone:

$ 59,625

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 39 %
International: 40 %
Married: 27 %

Ethnicity/US Students in Program

African American: 8 %
Asian American: 19 %
Hispanic or Latino American: 4 %
Multiethnic/Multiracial : 0 %
Native American: 0 %
White (Non-Hispanic): 61 %
Chose not to report: 5 %
Other: 3 %

Students from following regions:

Africa : 1 %
Asia: 31 %
Eastern Europe and Central Asia: 1 %
Latin America and the Caribbean: 4 %
Middle East: 1 %
North America: 57 %
Oceania : 0 %
Western Europe: 2 %
Percentage of students with dual citizenship: 4 %

Entering North American citizens by region:

Northeast: 25 %
Mid-Atlantic: 19 %
South: 17 %
Southwest: 6 %
Midwest : 12 %
West: 18 %
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: 100

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 applied for financial aid for the current academic year:

75 %

Full-time MBAs receiving financial aid through school:

75 %

On what basis are scholarships awarded?

academic merit

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Percentage of second-year students receiving the same or more amount of money in their second year of study:

100 %

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

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

$ 82,353

GMAT

Applicants required to take the GMAT?

Yes

Mean : 696
Median: 700

Middle 80% range GMAT scores:

From: 640
To: 750

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

Average 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, 2008:

Advanced Seminar in Social Entrepreneurship
Environmental Economics
Accounting: Compensation Incentive & Strategy
Managing Creativity & Knowledge
Healthcare Management: Provider Strategy

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

2007

Concentrations and specializations offered to full-time MBA students:

Accounting

Corporate Social Responsibility

Entrepreneurship

Finance

General Management

Health Care Administration

Leadership

Marketing

Operations Management

Strategy

Other: Market Analysis and Strategy, Product Management, Decision Sciences, Corporate Finance, Investment Finance, 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?

FACULTY

Faculty employed by the B-school:

152

Full-time faculty

Tenured: 63
Non-Tenured: 63

Adjunct/Visiting Faculty

Tenured: 3
Non-Tenured: 27

Women on Faculty

Tenured: 12
Non-Tenured: 17

Minority Faculty

Tenured: 12
Non-Tenured: 21

International Faculty

Tenured: 22
Non-Tenured: 30

Faculty with PhDs

Tenured: 62
Non-Tenured: 70

Faculty who are also members of company boards of directors or advisors:

20 %

Faculty who have owned their own business:

16 %

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

Information Technology

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 %
Lecture: 33 %
Team Project: 34 %

Requirements for graduation:

Students must have attended a minimum number of classes

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

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

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.

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

12,593

Active MBA alumni clubs

Countries in which MBA clubs exist

Living MBA alumni who gave in past year:

21 %

Mean gift from MBA alumni:

$ 1,379

Median gift from MBA alumni

$ 250

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

Business School Endowment

$ 245,400,000

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 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: 91 %
Graduates not seeking employment: 7 %
Graduates for whom you have no information regarding employment: 2 %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 73 %
Percentage who were continuing their education (after graduation): 4 %
Percentage who were postponing their job search: 0 %
Percentage who were starting their own business(es) : 15 %
Percentage who were not seeking employment for other reasons: 8 %

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

Primary Source of Job Offer

School-facilitated activities: 72 %
Graduate-facilitated activities: 25 %
No information provided by graduate: 3 %

Job Offers for 2008 graduates:

Received first job offer by graduation: 92 %
Received first job offer in three months following graduation: 3 %
Received first job offer more than 3 months after graduation: 0 %
Did not report having received a job offer: 5 %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

	McKinsey & Company		9
	Bank of America Corp.		9
	Citigroup Inc.		8
	Bain & Company		6
	PricewaterhouseCoopers		5
	Lehman Bros.		5
	Boston Consulting Group		4

	Deloitte Consulting		10
	Accenture		10
	Kraft Foods		6
	Johnson & Johnson		6
	ZS Associates		5
	Eli Lilly and Company		5
	Dell, Inc.		5
	Microsoft Corporation		4

Job-accepting graduates who received a signing bonus:

84 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $ 100,136
Median base salary for most recent graduates: $ 95,000
Mean signing bonus for most recent graduates: $ 24,752
Median signing bonus for most recent graduates: $ 20,000
Mean other guaranteed compensation for most recent graduates: $ 24,670
Median other guaranteed compensation for most recent graduates: $ 19,250

Graduating students who accepted jobs in the following functional areas:

Consulting: 31 %
Finance/Accounting: 32 %
General Management: 10 %
Human Resources: 0 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 24 %
Management Information Systems (MIS): 0 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 2 %
Other: 1 %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 0 %
Consulting: 25 %
Consumer Products: 13 %
Financial Services: 31 %
Manufacturing: 10 %
Media/Entertainment: 1 %
Non-Profit: 0 %
Petroleum/Energy: 0 %
Pharmaceutical/Biotechnology/Health care Products: 8 %
Real Estate: 0 %
Technology: 1 %
Other: 11 %

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

Africa: 0 %
Asia: 13 %
Eastern and Central Europe and Central Asia: 1 %
Latin America and the Caribbean: 2 %
Middle East: 0 %
North America: 84 %
Oceana: 0 %
Western Europe: 0 %

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

Northeast: 30 %
Mid-Atlantic: 7 %
South: 15 %
Southwest: 7 %
Midwest: 12 %
West: 11 %
Possessions and territories: 0 %
Canada: 0 %

Top Companies - Internships:

	Boston Consulting Group		14
	Merrill Lynch		10
	Procter & Gamble		8
	Bank of America Corp.		7
	Citigroup Inc.		7
	JPMorgan Chase & Co.		7
	Bain & Company		6
	McKinsey & Company		4

	Johnson & Johnson		13
	Dell, Inc.		8
	Sears Holding Company		8
	Eli Lilly and Company		7
	Education Pioneers		6
	John Deere		6
	Kraft Foods		5

Internships awarded that are paid:

91 %

Mean and median intern compensation per week:

Mean : 1,468
Median: 1,477

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