Fuqua School of Business 2023-2025: Tuition, Ranking & MBA Insights

Ariel Courage is an experienced editor, researcher, and former fact-checker who has contributed to leading finance publications such as The Motley Fool and Passport to Wall Street.

What Is the Fuqua School of Business?

Located at Duke University in Durham, North Carolina, the Fuqua School of Business is a prestigious graduate business school established in 1969. Its MBA program consistently ranks within the top 15 globally, securing the 11th spot in the 2023 U.S. News & World Report rankings.

Key Highlights

• Fuqua is Duke University's graduate business school offering world-class MBA programs.
• The MBA program is renowned internationally for academic rigor and leadership training.
• Notable alumni include Tim Cook, Apple Inc.'s CEO, reflecting the school's strong industry connections.

History and Legacy of Fuqua School of Business

Named after John Brooks Fuqua, a self-made businessman and philanthropist from rural Virginia, the school honors his generous donations totaling nearly $40 million by the time of his passing in 2006. Fuqua's commitment to education and community continues to inspire the school's mission.

Today, Fuqua offers innovative joint degree programs in partnership with Duke's Law School, Sanford School of Public Policy, and School of Medicine, enhancing interdisciplinary learning opportunities.

Fast Facts

With an alumni network exceeding 25,000 professionals, Fuqua boasts influential figures such as Tim Cook, Melinda Gates, and Michael Lamach, exemplifying the school's impact across industries.

The campus spans multiple state-of-the-art facilities including Breeden Hall and the Fox Student Center, fostering a vibrant academic environment.

Student Body and Faculty Statistics

For the 2023-2024 academic year, Fuqua enrolled over 2,000 graduate students, including 399 MBA candidates—39% of whom are international. The faculty team of approximately 152 experts specializes in diverse fields such as operations management, finance, economics, marketing, and strategy.

Admissions remain competitive with an 18% acceptance rate from 3,593 applicants for the MBA class. The average student age is 29, with GMAT scores ranging from 680 to 760 and an average GRE score of 318.

Reputation and Career Outcomes

Ranked 11th by U.S. News & World Report, Fuqua graduates enjoy strong career prospects. In 2022, the average starting salary was $160,055 with an average signing bonus of $30,000. Impressively, 98% of graduates secured job offers within three months.

Top employers include leading consulting and tech firms like McKinsey & Company, Amazon, and Microsoft.

Tuition and Cost of Attendance for 2023-2024

The full-time MBA program costs are as follows:

• Tuition: $75,000
• Estimated Living Expenses: $23,202
• Supplies, Fees, and Insurance: $8,533
• Total Estimated Cost per Year: $106,735
• Total Estimated Cost for Two Years: $213,470

The accelerated MBA option condenses coursework into one year plus a second year to complete remaining classes, with costs totaling approximately $127,435.

How Does Fuqua Rank Nationally?

Rankings vary by publication, with U.S. News & World Report placing Fuqua 11th and Forbes ranking it 14th among U.S. business schools.

Is Fuqua School of Business a Good Choice?

Absolutely. Fuqua is recognized as one of the top-tier business schools in the United States, offering a transformative MBA experience and strong career support.

What Is the Average Salary for Fuqua MBA Graduates?

In 2022, Fuqua MBA graduates earned an average starting salary of $160,055, reflecting the program's value and industry demand.

Final Thoughts

The Fuqua School of Business at Duke University stands out as a premier destination for aspiring business leaders. Though tuition is significant, the return on investment is evident through robust job placement rates, competitive salaries, and a powerful alumni network that opens doors worldwide.

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