The Fuqua School of Business
Durham, North Carolina, United States
- Cost of Living$ 16,320
- Tuition Fee From$ 62,620
- Country Rank-
- Batch Strength1,070
- Global Diversity-
- Gender Ratio-
Overview
About
The Fuqua School of Business, located in Durham, North Carolina, is one of the world's leading business schools. Founded in 1969, the school is named after industrialist and philanthropist J.B. Fuqua, who donated $10 million to the school in 1996.
Fuqua offers a range of business programmes, including full-time MBA, executive MBA, global executive MBA, master of quantitative management, master of management studies, and PhD programmes. The school has a diverse student body, with students hailing from over 50 countries. The Fuqua School of Business is known for its innovative curriculum, which emphasises teamwork, leadership development, and hands-on learning. The school's Team Fuqua philosophy encourages collaboration, inclusiveness, and a commitment to making a positive impact in the world.
Students at the business school are provided with the opportunity to work on real-world projects through the school's Centres of Excellence, which focus on areas such as social entrepreneurship, health sector management, and energy and environment. The school also offers a number of global immersion programmes, allowing students to gain international experience and expand their cultural horizons. Fuqua's faculty is made up of leading scholars and practitioners in the business world. The school has a strong focus on research, with faculty members publishing cutting-edge research in leading academic journals.
In addition to its academic programmes, Fuqua is also known for its active and engaged alumni network. The school has over 20,000 alumni living in over 100 countries and offers a range of networking opportunities and resources for alumni to stay connected with each other and with the school.
Ranking
The Fuqua School of Business is preferred by many students, both domestic and international. It has been ranked by many educational publishers and agencies. These rankings are based on factors like subjects offered, faculty, staff and facilities, student satisfaction, etc. Below are the highlights of the rankings of the institution
- The Economist (2022) - #6
- Financial Times (2022) - #52
- U.S. News Best Business Schools (2023) - #11
- QS World Business Schools Rankings (2023) - #23
Year
QS Ranks
US News Ranks
2023
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Facilities
The Fuqua School of Business offers a wide range of state-of-the-art facilities designed to provide an enriching and conducive environment for students, faculty, and staff. Below are some of the widely used facilities at the institution
Ford Library: The Ford Library is the main library at The Fuqua School of Business, offering a comprehensive collection of business resources including books, journals, databases, and online resources. It also provides access to financial databases such as Bloomberg, Capital IQ, and FactSet, which are widely used in business research and analysis.
Classrooms and Learning Spaces: The Fuqua School of Business features state-of-the-art classrooms and learning spaces equipped with advanced audio-visual technology, multimedia tools, and collaborative workstations. These spaces are designed to facilitate active learning, group discussions, and case study discussions, providing an optimal learning environment for students.
Duke University Libraries: As part of Duke University, Fuqua students also have access to the vast resources of Duke University Libraries, which include a wide range of subject-specific libraries, special collections, and digital archives. This provides students with extensive research opportunities and access to a wealth of academic resources.
Fuqua's Fox Centre for Business Communication: The Fox Centre for Business Communication at Fuqua offers resources and services to help students develop effective communication skills, including written and oral communication, business presentations, and intercultural communication. The centre provides workshops, coaching sessions, and other resources to enhance student's communication abilities.
H. Anthony Noble Centre for Global Management and Reporting: The Noble Centre at Fuqua is dedicated to promoting global understanding and preparing students for the challenges of international business. The centre provides resources and support for global learning experiences, such as study abroad programmes, global consulting projects, and research opportunities related to global business and economies.
Technology Resources: Fuqua provides cutting-edge technology resources to support its students' academic and professional needs. This includes computer labs, high-speed internet access, remote access to various software and databases, and other technology resources for research, data analysis, and other business-related activities.
Fuqua Client Consulting Practicum: The Fuqua Client Consulting Practicum is a unique experiential learning opportunity that allows students to work on real-world business projects for clients from diverse industries. This facility provides students with hands-on experience, helping them apply classroom concepts to practical business challenges.
Fitness and Recreation: Fuqua students have access to Duke University's state-of-the-art fitness and recreation facilities, including fitness centres, swimming pools, group fitness classes, sports fields, and outdoor recreational spaces. Staying healthy and active is encouraged at Fuqua to maintain a balanced lifestyle.
Student Commons and Social Spaces: Fuqua's campus also features student commons and social spaces, providing areas for students to relax, socialise, and connect with their peers. These spaces often host student events, club activities, and networking opportunities, fostering a vibrant and inclusive community at Fuqua.
Notable Alumni
Courses
Admission
The Fuqua School of Business Entry Requirements
The Fuqua School of Business is a popular choice for many students. The entry requirements vary depending on the programme selected. Please note that some programmes may have additional requirements, such as specific prerequisite courses or work experience. Students may also have to pay an application fee of $225. Below are the supporting documents required for admission:
- Completed Application Form
- Official Academic Transcripts
- GMAT/GRE scores - 700/317
- English Language Test Scores (TOEFL/IELTS/PTE)
- Application Essays
- Letter of Recommendations
- Proof of Work experience
The Fuqua School of Business Fees
The institution offers several programmes at different levels. Listed below are the fees based on various courses
- M.B.A - $63,873 /Year
- M.B.A Accelerated - $63,873 /Year
- PhD Business Administration -$70,502 /Year
- M.B.A Finance - $63,873 /Year
Placements
The Career Management Centre at Fuqua provides comprehensive career services and resources to help students with career planning, job search strategies, interview preparation, and networking. The centre also facilitates connections with alumni, recruiters, and corporate partners to help students explore and pursue career opportunities. According to the school’s report, 97% of MBA graduates have received job offers. The mean salary of MBA graduates is $135,397. Top employers for Fuqua graduates have included consulting firms such as McKinsey, Bain, and BCG, as well as investment banks, technology companies, and other Fortune 500 companies.
Scholarship
Regardless of the program you are studying, there are several scholarship opportunities provided by the university as well as other organizations. With so many scholarships available now, overseas students can greatly lower the financial burden of studying in a new country. You can apply for scholarships to study at the The Fuqua School of Business through UniScholarz. You can find the following types of scholarships based on your academic performance and financial situation:
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Merit-based scholarships
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Need-based scholarships
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Country-specific scholarships
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College-specific scholarships
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Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the The Fuqua School of Business. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend the The Fuqua School of Business. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, en-suites, and more! You have the option of staying on campus in the university halls of residence or a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the university, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
Durham, North Carolina, is a vibrant college town that offers plenty of opportunities for students to get involved in campus life and the local community. The overall cost of living in Durham is 11% lower than the national average. The prices of major expenses like rent, utilities, and groceries are much cheaper than in neighbouring cities. This makes it a good option for international students. Below is a list of the expenses that prospective students should keep in mind
Items |
Cost |
Off-Campus Accommodation |
$721 |
On-Campus Accommodation |
$888 |
Transportation |
$84 |
Food Cost |
$341 |
Utility Cost |
$134 |
Entertainment |
$48 |
Groceries |
$50 |
Clothes |
$116 |
Health Insurance |
$80 |
Total Cost of Living with Off-Campus Accommodation |
$1,574 |
Total Cost of Living with On-Campus Accommodation |
$1,741 |
Annual Cost of Living |
$18,888 |