Fuqua School of Business Definition

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What Is Fuqua School of Industry?

Fuqua School of Industry is a graduate trade faculty positioned at Duke School in Durham, North Carolina. Primarily based in 1969, its Take hold of of Industry Control (MBA) program is frequently ranked a number of the splendid 15 strategies on the planet. In 2019, The Economist rated it as the world’s ninth-best MBA program.

Key Takeaways

  • Fuqua School of Industry is a graduate trade faculty based totally utterly out of Duke School.
  • Its MBA program is thought of as one of the crucial biggest on the planet.
  • Its alumni neighborhood incorporates many remarkable folks, in conjunction with Tim Get ready dinner, the prevailing CEO of Apple (AAPL).

How Fuqua School of Industry Works

Fuqua School of Industry owes its identify to John Brooks Fuqua, an American businessman and philanthropist. Raised on a tobacco farm in rural Virginia, he educated himself by the use of frequently soliciting for books from the Duke School Library, which the school mailed to his space. In 1953, Fuqua showed his gratitude by the use of making a $10 million donation to the school. By the time he died in 2006, he had given the school just about $40 million in mixed lifetime donations.

In recent times, Fuqua School of Industry is known for its across the world renowned MBA program, along with for its joint degree strategies. The ones specific strategies are offered in collaboration with affiliated institutions such since the Duke School School of Law, the Sanford School of Public Protection, and the Duke School School of Drugs.

Vital

Fuqua School of Industry has an alumni neighborhood over 25,000 powerful. Among them are many remarkable folks, in conjunction with Tim Get ready dinner, CEO of Apple (AAPL); Melinda Gates, co-founder of the Bill & Melinda Gates Foundation; and Michael Lamach, CEO of Ingersoll Rand.

Positioned next to the main campus of Duke School, the trade faculty occupies plenty of buildings, in conjunction with Breeden Hall, Thomas F. Keller Center, Wesley Alexander Magat Tutorial Center, and the Lafe P. and Rita D. Fox Scholar Center.

Exact Global Example of Fuqua School of Industry

The entire-time MBA program at the Fuqua School of Industry has an annual tuition worth of $70,000, and an acceptance fee of merely over 20%. Historically, qualifying students have carried out with GMAT scores of merely over 700, and GPAs ranging between 3.07 and 3.86 on a four-point scale.

Upon graduation, the school’s MBA recipients earned a median starting salary of $136,000 in 2019, together with a median signing bonus of $30,000. In 2019, 97% of graduates won their supplies inside of of three months of graduation.

Consulting and technology companies were remarkable employers of Fuqua School of Industry MBAs in recent years, with McKinsey & Company, Amazon (AMZN), and Microsoft (MSFT) being primary examples.

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