Fuqua School of Business
The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and professional development programs. Its MBA program was ranked the 9th best business school in the US by "The Economist" in 2019, and 13th in the US by "The Financial Times" in 2022. Fuqua is also currently ranked 6th for having the lowest acceptance rate and 10th for having the highest application yield (percentage that matriculated after being accepted) across  the top 50 MBA programs in the US. History. Formed in 1969, the Graduate School of Business Administration enrolled its first class of 20 students in 1970. In 1974, Thomas F. Keller, a 1953 Duke graduate, became the graduate school's new dean. In three years, Keller's capital campaign raised $24 million, $10 million of which came from businessman and philanthropist J. B. Fuqua. The graduate school's name was then changed to The Fuqua School of Business. J. B. Fuqua was raised by his grandparents on a tobacco farm in Prince Edward County, Virginia. Fuqua began  his relationship with Duke University when he borrowed books by mail from the Duke library. J. B. Fuqua's cumulative giving to Duke was nearly $40 million at the time of his death on April 5, 2006. In September 2008, Fuqua launched an expansion initiative to establish offices in St. Petersburg, Russia; Dubai, United Arab Emirates; Shanghai/Kunshan, China; New Delhi, India; and London, England. Admissions. For the Daytime MBA Class of 2019, Fuqua had a 22% acceptance rate with 3,796 applications received. Approximately half of those accepted into the MBA program enrolled to fill a class of 439 . The median GMAT score was 710. Fuqua reports an 80% GMAT range of 660–750, with 39% international and 34% female students. Academics. The school's faculty is organized into ten disciplines, including Accounting, Marketing, Decision Sciences, Economics, Finance, Management, Health Sector Management, Management Communication, Operations Management, and Strategy. The faculty was ranked number one in the US by "BusinessWeek" (Intellectual Capital) in 2010 and 2012. While working at Duke University, former Professor Robert E. Whaley developed the Chicago Board Options Exchange Volatility Index (ticker symbol: VIX), a measure of the implied market volatility. Another notable faculty member is Dan Ariely , an Israeli-American professor of psychology and behavioral economics. Joint degrees. The Duke MBA offers several joint degree programs in conjunction with other graduate and professional programs at Duke. These programs allow students to earn two degrees in less time than if they pursued the two separately. Joint degrees are offered with Duke University School of Medicine, Duke University School of Law, Nicholas School of the Environment and Earth Sciences, Sanford School of Public Policy, and the Duke University School of Nursing. Careers. Poets&Quants 2020 ranking of MBA compensation indicated that Fuqua ranked 11th in the US for Average Starting  Pay (Salary + Bonus) at a total of $161,079. Additionally, Fuqua's MBA program ranked 8th in the US for the percentage of students who had jobs 3 months after graduating. For the graduating, full-time MBA Class of 2019, the top five hiring companies include: McKinsey & Co. (45), Amazon (38), BCG (37), Microsoft (23), Dell (18), and Google (18). Research centers. Research centers at The Fuqua School of Business further specific academic interests of the business school. Such research centers include: Buildings. Fuqua School of Business spans several buildings. They include: Rankings. Daytime MBA. The daytime MBA program  at The Fuqua School of Business was ranked: The daytime MBA program at The Fuqua School of Business also has the following rankings based on each respective category: Corporate education. Duke Corporate Education, a carve-out of the Executive Education program at The Fuqua School of Business, was ranked: Executive MBA. The Executive MBA program at The Fuqua School of Business was ranked: