DURHAM, N.C. - The non-degree executive education programs at Duke University's Fuqua School of Business have been ranked No.2 in the world by the Financial Times newspaper.

The ranking is divided into three categories: open-enrollment, custom education, and an overall category. Fuqua's open-enrollment programs moved up from No. 6 to the current ranking of No. 4. Duke Corporate Education, Inc., www.dukece.com, a profit-making company that was spun off from the business school in 2000 to provide customized educational programs to corporations, moved from the No. 2 custom education slot to No. 3. The overall ranking of No. 2 is an increase from last year's ranking issue of No. 3.

"The open-enrollment programs at Fuqua are designed to meet the needs of our participants and are complemented by our innovative and collaborative learning environment. The rankings are another indication of our commitment to deliver superlative education for managers who come to Duke from all around the world," said Rick Staelin, associate dean of Fuqua's open-enrollment program.

"Despite the fact that The Fuqua School of Business is a relatively young school, it has consistently ranked among the top business schools in the world. This is due in large part to the professional staff, faculty and students who attend and work here," said Dean Douglas T. Breeden.

"It's nice that after being in business less than two years we are being recognized on a sustained basis as one of the best in the world at what we do," said Blair Sheppard, president and CEO of Duke Corporate Education. "We are pleased that our ratings are high in the places of most concern to our clients, such as course design and faculty. The synergy between us as a private company and Fuqua as a business school shows in this survey, and that has been an important goal for us from the start."

Responses from executive education course participants, corporate purchasers and a survey of business schools all helped to determine the placement of each school's program. The rankings are available online at www.financialtimes.com and on newsstands beginning May 27, 2002.

About The Fuqua School of Business
The Fuqua School of Business (www.fuqua.duke.edu) was founded in 1969 and is now ranked among the top graduate schools of business in the United States. Fuqua offers its MBA degree in four formats. The Duke MBA is the school's flagship daytime program; the other non-residential Executive MBA options include The Duke MBA - Weekend Executive, The Duke MBA - Global Executive, and The Duke MBA - Cross Continent. The Fuqua School of Business is also a leader in non-degree executive education.

About Executive Education at The Fuqua School of Business
Fuqua's top-ranked open-enrollment executive education programs are designed to provide fast, practical solutions that can be brought back to the organization and result in real business value and impact. General management courses have the overall objective of improving the participants' leadership abilities, and specialized courses are functionally oriented and designed for executives and managers who want to enhance specific skills. Visit www.ee.fuqua.duke.edu to learn more about these programs.

May 27, 2002