DEFINITION of Fuqua School of Business
The Fuqua School of Business is the business school at Duke University. It offers several different MBA programs as well as a Ph.D. program. It also provides joint programs in other areas, such as law and medicine.
BREAKING DOWN Fuqua School of Business
The Fuqua School of Business was founded in 1969 and is located next to the main campus of Duke University in Durham, North Carolina. Originally named the Graduate School of Business, it is now named for a major contributor, J.B. Fuqua, who donated over $40 million total to the business school and Duke University before his death in 2006. The business school occupies several building on Duke University's campus, including Breeden Hall, Thomas F Keller Center, Wesley Alexander Magat Academic Center and the Lafe P. and Rita D. Fox Student Center.
Programs, Enrollment and Tuition at Fuqua School of Business
Students at Fuqua can earn an MBA by attending classes full-time, online, part-time on the weekends, or remotely with the online program launched in 2017. Their studies are concentrated on one or more of the following facets of business:
- Decision Sciences
- Health Sector Management
- Management Communication
- Operations Management
Enrollment for 2017-2018 was 882 and the program tied for 11th place on U.S. News & World Report's Best Business Schools list the same year. Full-time tuition was just above $65,000 per year and the complete executive MBA program cost $158,00.
Fuqua established satellite programs in several other countries in 2008, including China, Russia and the U.K., and its global executive MBA program exposes students to multiple cultures by holding classes around the globe. Locations they have visited include Germany, India, Chile and China.
Just over 86% of full-time graduates are employed after graduation. Almuni from Fuqua include CEOs, COOs, CFOs, company presidents, executive chairmen, authors and an NBA player.
The student population of Duke University numbers around 15,000, over half of whom have spent at least one semester studying abroad before graduating. When attending classes in Durham, they enjoy small class sizes, with 74% of the classes numbering 20 students or less. Students are divided into 10 different schools and represent only 9% of applicants. In addition to the business graduate studies at Fuqua, Duke also offers graduate programs in nursing, public policy, law and medicine. This private university was founded in 1838, officially became Duke University in 1924 and had a $6.8 billion endowment as of 2016.