Duke - The Fuqua School of Business

News Release

Fuqua MBA Programs Earn Top-10 Rankings from Economist Intelligence Unit, Financial Times, Businessweek

October 13, 2002

DURHAM, N.C. – Duke University's Fuqua School of Business has been ranked in the Top 10 worldwide by three of the world’s most prestigious MBA ranking bodies: Economist Intelligence Unit (EIU), Financial Times and BusinessWeek.

The Economist magazine's sister company, the EIU, ranks Fuqua’s daytime program No. 3 in the world, The Financial Times ranks Fuqua’s executive MBA programs No. 6 in the world, and BusinessWeek ranks Fuqua’s daytime program No. 9 among U.S.-based business schools. All three rankings were announced in the past week.

“I am quite pleased that again we have taken our rightful place among the very best schools in the world. It was exciting to see our community celebrate such positive recognition as being in the Top 10 again,” said Fuqua Dean Douglas T. Breeden after a celebration of Fuqua students, faculty and staff in the school’s new Fox Student Center on Thursday.

In a worldwide study of daytime MBA programs conducted by EIU, Fuqua ranks No. 3 in the world behind Northwestern’s Kellogg and Dartmouth’s Tuck. Chicago and Stanford rounded out the Top 5. The EIU ranking is a student-centric study based on surveys of 18,000 students and alumni from around the world. Although this business information arm of the Economist Group has been studying MBA programs in depth for 14 years, these are the first rankings it has issued. More information about the rankings is available at http://mba.eiu.com/.

The Financial Times ranks Fuqua’s executive MBA programs No. 6 in the world -- up from No. 21 in last year’s survey. “We were able to choose one of our three EMBA programs to be surveyed and represent the group, and we selected our highly successful Global Executive MBA program,” said Breeden, accounting for the sharp climb in EMBA rankings. “Since 1996, the Global Executive MBA program has led the way as the best of its kind across the globe.” Financial Times subscribers can view the rankings and related articles at http://news.ft.com/surveys/businessed.

BusinessWeek ranks Fuqua’s daytime program No. 9, which is the school’s third consecutive Top 10 placement in the magazine’s biennial survey. The article, "The Best B Schools," and the complete list of schools ranked can be found in the October 21, 2002 edition of BusinessWeek or at http://www.businessweek.com.

“These three rankings, in conjunction with our No. 3 executive MBA ranking from U.S. News & World Report and our No. 4 executive MBA ranking from BusinessWeek, truly affirm our place in the top echelon of worldwide business education. We are celebrating our achievement, but also trying not to blow these rankings out of their proper proportion,” added Breeden. “It is good news, but we have to continue our drive to improve across many areas. These areas include expanding our faculty and Ph.D. programs, building our presence overseas, expanding our financial resources, and making all of our MBA and executive education operations highly successful.”