Professional Documents
Culture Documents
Duke University - Fuqua
Duke University - Fuqua
Fuqua Pride
Fuqua Pride provides a social and support network for gay, lesbian, bisexual and transgender community members and their straight allies.
The group promotes educational dialogue about GLBT issues at Fuqua and fosters acceptance of diverse sexual orientations, and also serves
as a professional and informational resource for prospective students, actively engaging business leaders, employers and recruiters in the
job search process.
To recruit currently employed minority and female professionals, Fuqua employs the following outreach efforts:
The Black and Latino MBA Organization (BLMBAO) at The Fuqua School of Business collaborates with Fuqua’s admissions team to host the Duke
MBA Minority Workshop for Minority Applicants each year, an event aimed at addressing the needs of underrepresented minority ethnic groups who
are interested in careers in business and management. The three-day workshop provides information and support to prospective students in an effort
to improve the representation of minority students in business school.
Duke’s Association of Women in Business (AWIB) at the Fuqua School of Business provides programming opportunities for the organization’s
membership to network with other women in their chosen industry/functional fields, hosts panel discussions to address academic and career
challenges in a supportive environment and plans social opportunities designed to foster a sense of community among all women at the Fuqua School
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of Business. Career panels, the AWIB Speaker Series, biweekly brunches, mixers and the Women of the World international dinner series are examples
of the events organized by AWIB to achieve these objectives.
The Duke MBA Workshop for Minority Applicants has been in existence for 25 years and provides information and support to prospective students in
an effort to improve the representation of minority students in the Fuqua School of Business. The workshop incorporates both formal and informal
interaction with Duke MBA students, alumni, faculty and administrators.
Fuqua Pride holds social networking events in a number of cities and participates in the national Reaching Out LGBT MBA conference in Washington,
D.C.
The Duke MBA Weekend for Women, which has celebrated its fifth anniversary, is a three-day event offering prospective female students a unique
opportunity to sample Duke in the company of other women considering an MBA and to interact with current MBA students, leading faculty and
alumnae.
The Fuqua School of Business at Duke University is a formal partner of the National Black MBA Association, Inc. and participates in the NBMBAA
conference and exposition each year.
Please describe any scholarship and/or fellowship opportunities for minority and/or female students attending your school.
Duke University’s Fuqua School of Business has active partnerships with a number of organizations that work to provide opportunities for women and
minorities to earn a Duke MBA:
Forté Foundation
www.fortefoundation.org/site/pageserver
The Forte Foundation is a consortium of major corporations, top business schools and influential nonprofit organizations that is committed
to being a change agent for women pursuing business education and taking on leadership roles in business.
MBADiversity.org
www.mbadiversity.org
MBADiversity.org is an inclusive prep program committed to helping students prepare for and enroll in leading business schools.
Graduate Horizons
collegehorizons.org/index.php?page=graduate-horizons
Graduate Horizons is a four-day workshop designed for Native American college students and graduates to help prepare them for applying
to and enrolling in graduate school.
The Fuqua School of Business also offers many scholarships for minority students, including:
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The Carlos Jose Rodriguez and Latin American Alumni Scholarship Endowment Fund
Established in 1999 to provide support for Latin-American students.
PROMINENT ALUMNI/FACULTY
Please provide information about prominent minority faculty members at your school.
Dan Ariely, James B. Duke Professor of Behavioral Economics
Dan Ariely is the James B. Duke Professor of Behavioral Economics at Duke University’s Fuqua School of Business, where he holds appointments at
Fuqua, the Center for Cognitive Neuroscience and Duke’s department of economics. He is the author of the best-seller Predictably Irrational: The
Hidden Forces that Shape Our Decisions.
As a behavioral economist, Professor Ariely studies how people act in the marketplace, as opposed to how they should or would perform if they were
completely rational. His interests span a wide range of daily behaviors, such as buying, language choices, diet, pain management, procrastination and
decision making under different emotional states.
Professor Ariely grew up in Israel and earned a bachelor’s degree in psychology from Tel Aviv University, master’s and doctoral degrees in cognitive
psychology from the University of North Carolina and a doctoral degree in business administration from Duke University. He is widely quoted in
international media, providing frequent commentary on National Public Radio, The New York Times and CNN.
Viswanathan received his BS (first class with distinction) from the University of Bombay, his MMS from the Jamnalal Bajaj Institute of Management
Studies at the University of Bombay and his PhD in finance from the Kellogg Graduate School of Management at Northwestern University.
Viswanathan is a coeditor of the Journal of Financial Intermediation and a coeditor of the Journal of Financial Markets and is on the program committee
of the Western Finance Association. He was the associate editor of the Review of Financial Studies from 1996 to 1999 and Management Science from
2000 to 2005. Twice, he has received awards from the Institute for Quantitative Research in Finance. In 1997, Professor Viswanathan won the NYSE
Best Paper Award on Equity Trading at the Western Finance Association.
She was a finalist for the 2008 Daimler-Chrysler Award for Teaching Excellence and has earned a host of professional and academic honors: the Nancy
Staudenmayer Research Fellowship, the National Science Foundation Award, the Richard D. Irwin Foundation Doctoral Dissertation Award, the
Salomon Brothers Center Fellowship and many others.
Puri earned a PhD in finance from New York University’s Stern School of Business, with a dissertation on financial intermediation and the pricing of
underwritten securities. Her MBA is from the Indian Institute of Management at Ahmedabad. She received a BA in economics from Delhi University.
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Her research has been published or is forthcoming in academic journals and books, such as Organizational Behavior and Human Decision Processes;
Negotiation and Group Decision-Making; Research on Managing Groups and Teams; Gender, Ethnicity, and Race in the Workplace; and the Duke
Journal of Gender and Public Policy.
She received her PhD in management and organizations from the Kellogg School of Management at Northwestern University and her BBA and MPA
from the University of Texas at Austin. Prior to joining the faculty at Duke, she served on the faculty at the Kellogg School where she received an MBA
Outstanding Teaching Award and on the faculty at the Bauer College of Business at the University of Houston. In addition, she worked as a senior
consultant and certified public accountant with Arthur Andersen LLP in their Houston and Atlanta offices.
Professor Jennings earned both a master’s degree and a PhD in industrial and systems engineering at Georgia Institute of Technology, in addition to a
BSE in civil engineering/operations from Princeton University.
Please provide information about prominent minority alumni from your school.
Ahmad Sharaf, Global Executive MBA 2001, chief executive officer, Dubai’s Tatweer Investments
Ahmad Sharaf is CEO of Dubai’s Tatweer Investments, responsible for leading and directing the company’s domestic and international long-term growth
strategies. He is also chairman of the Dubai Mercantile Exchange and serves on the audit committee for Dubai Holding.
In addition to his leadership positions in Dubai Holding, Sharaf sits on the board of the Emirates National Oil Company and the ENOC audit committee
and serves as vice chairman of Dragon Oil. Sharaf serves as a member of the board of visitors of Fuqua and sits on the global partnerships committee.
Sharaf has previously held a number of senior executive positions with international and state energy companies in the United States and the Middle
East. A petroleum engineer by training, Sharaf began his career with Conoco, Inc. Following the creation of ConocoPhillips in 2002, he was appointed
general manager and director of business development, Middle East, responsible for managing new growth opportunities in the Middle East and North
Africa region.
Malvinder Singh and Shivinder Singh, MBA 1998 and MBA 2000, respectively
Brothers Malvinder and Shivinder Singh head generic drugmaker Ranbaxy Laboratories, India’s largest pharmaceutical firm. Malvinder is chief
executive of Ranbaxy, responsible for global operations—spanning 40 countries—of the billion-dollar company.
Shivinder—who completed Fuqua’s health sector management program—runs Indian hospital chain Fortis Healthcare, which recently bought one of
India’s leading cardiac institutions. The brothers are routinely featured on Forbes’ list of the world’s wealthiest people.
The May Davis Group was the first African-American firm to hold an initial public offering and exist as a full-service brokerage firm with retail and
institutional sales in fixed income and equity, research, trading and investment banking. This feat placed the firm in the top-10 African-American firms
on Wall Street ranked by Black Enterprise Magazine.
As chairman of the May Davis Group, May led several IPOs, numerous corporate restructurings, capital raises, mergers and acquisitions and has vast
dealings in the global markets. Presently, May is involved in many venture capital projects and advising a hedge fund out of South East Asia.
In addition to his MBA from Duke University’s Fuqua School of Business in 1984, Penn earned an undergraduate degree from Duke University in 1979.
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Widely respected in marketing circles, Spears has served on the board of directors for the Women’s American Flag Football Federation, having
launched a women’s flag football recreation league in Los Angeles.
Please provide information about prominent female faculty members at your school.
Jennifer Francis, senior associate dean of faculty
Jennifer Francis is the senior associate dean of faculty at the Fuqua School of Business at Duke University. She is also the Douglas and Josie Breeden
Doctoral Professor of Accounting. Francis’ research interests focus on the use of accounting information by capital market participants. She teaches
an elective course in valuation and fundamental analysis to daytime and executive MBA students at the Fuqua School of Business. She is the winner
of several awards for outstanding teaching at Duke University and the University of Chicago.
Francis earned a BS in accounting at Bucknell University, and a MS and PhD from Cornell University. Prior to graduate school, she worked for Price
Waterhouse. Before joining the faculty at Duke, she taught at the graduate school of business at the University of Chicago.
Schipper is a past president of the American Accounting Association and from 1997 to 1998 was its Distinguished International Visiting Lecturer. She
has served as editor as the Journal of Accounting Research, and was a member of the FASB Financial Accounting Standards Advisory Council from
1996 to 1999. In 2007, she was the first woman to be named to the Accounting Hall of Fame.
Schipper holds a BA from the University of Dayton and MBA, MA and PhD degrees from the University of Chicago.
Marx’s recent research includes a study of price collusion in the vitamin industry, decision analysis and game theory and bidder collusion at auctions.
She currently sits on the editorial board of the American Economic Journal: Microeconomics and was previously associate editor of International
Economic Review.
Marx was a member of the 1996 U.S. Olympic Team in Fencing, in which she placed 16th in women’s epee. She was a Pan-American Games Gold
Medalist in Fencing in 1995 and 1997, as well as U.S. National Champion in Fencing in 1993 and 1996.
She earned a MA and PhD in economics from Northwestern University, and a BS in mathematics from Duke University.
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of 38 countries. She serves on the board of directors for Target Corporation, a U.S.-based retailer. Minnick received a BA in business from Bowling
Green State University in addition to her MBA from the Fuqua School of Business.
Please describe any faculty and/or student research projects that focus on diversity, multiculturalism and minority issues.
Professor Ashleigh Shelby Rosette conducts research in two primary areas: negotiation and diversity in the workplace. Rosette’s diversity research
centers on privilege and leadership. In her work, Rosette finds that people with privilege frequently perceive their unearned advantages (advantages
accrued from being part of a particular group) as normal, and this presumption sometimes prevents them from seeing the perspective of their co-
workers who do not have such privileges.
Rosette also studies race and gender issues within the context of leadership. A recent project that she and her colleagues have just completed showed
that racial bias exists in business-leader prototypes, and this bias can help explain more favorable evaluations of white versus non-white leaders.
Rosette says that when people think of leadership, they usually think of the leader as white and when this expectation is not met, leadership evaluations
can be lower than when the expectation is met.
In July 2008, Rosette published results of her research in the Journal of Applied Psychology. Her study concluded that despite years of progress for
minorities in corporate settings, Americans still expect business leaders to be white, and they judge white leaders as more effective than their minority
counterparts
Please describe any symposiums or special lectures that focus on diversity and minority issues organized and/or sponsored by your school.
The Black and Latino MBA Organization (BLMBAO) at the Fuqua School of Business holds the Duke MBA Minority Workshop for Minority Applicants
each year, an event aimed at addressing the needs of minority ethnic groups who are interested in careers in business and management. The three-
day workshop provides information and support to prospective students in an effort to improve the representation of minority students in business
school.
Duke’s Association of Women in Business (AWIB) at the Fuqua School of Business provides programming opportunities for the organization’s
membership to network with other women in their chosen industry/functional fields, hosts panel discussions to address academic and career
challenges in a supportive environment and plans social opportunities designed to foster a sense of community among all women at the Fuqua School
of Business. Career panels, the AWIB Speaker Series, biweekly brunches, mixers and the Women of the World international dinner series are examples
of the events organized by AWIB to achieve these objectives.
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long-lasting networks and increase the quantity and quality of female applicants to the Fuqua School of Business. AWIB meets and holds events several
times each month.
Please provide information on any programs, including on-campus and universitywide programs in which MBA students participate that focus on issues
related to women or minorities.
The office for institutional equity (OIE) at Duke provides a number of programs for the university in a range of program areas:
Disability compliance
The primary focus of the disability compliance section of OIE is to provide for prompt and equitable resolution of complaints from faculty,
students, staff and the public alleging discrimination based on disability. OIE works in collaboration with the disability management system
office and other units to ensure compliance with the American with Disabilities Act and the Rehabilitation Act. OIE also provides training to
the Duke community related to the ADA and Rehab Act.
Please provide information on any institutes and/or related programs that focus on diversity.
MBA JumpStart
Elton Ndoma-Ogar and John T. Burt, Jr.—both Duke MBA graduates—cofounded MBA JumpStart, a targeted, prematriculation forum through which
consulting and financial services firms can identify, educate and recruit minority talent at top-tier MBA programs.
Ndoma-Ogar hails from Nigeria and graduated with honors from Wake Forest University with a degree in health sciences. At Wake Forest, he earned
President’s List recognition for academic excellence, was awarded the Arthur Ashe Scholarship and was noted as an Academic All-American. At the
Fuqua School of Business, he served as vice president of sponsorship for the inaugural Fuqua School of Business Leadership Conference and served
as finance chair for the Black and Latino MBA Organization. In early 2006, Ndoma-Ogar joined Merrill Lynch, heading the firm’s minority recruiting
efforts.
Burt received a degree in finance from Indiana University and met with professional success—including sponsorship to pursue an MBA—in the finance
component of Eli Lilly. During his time at the Fuqua School of Business, Burt served as an executive fellow of the dean’s office and as consultant to a
small business in the Durham community. After graduation, Burt joined Booz Allen Hamilton in New York before taking a consultant position with Eli
Lilly. He was eventually named CFO of a $2 billion business unit of the company. Today, Burt is the recruiting director for Boston Consulting Group’s
Black and Hispanic Initiative.
Please describe any off-campus resources, activities, programs and/or organizations that may be of interest to minority or female students.
North Carolina Institute for Minority Economic Development
www.ncimed.com
The Durham-based North Carolina Institute of Minority Economic Development is a statewide nonprofit representing the interests of underdeveloped
and underutilized sectors of the state’s economic base. The institute’s working philosophy is that: information and business development are critical
to wealth creation and to building the asset base among low-wealth sectors of the population.
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CAREER OPPORTUNITIES
Please describe any diversity recruiting events for employers recruiting minority and/or female students at or near your school.
The Duke MBA Workshop for Minority Applicants has been in existence for 25 years and provides information and support to prospective students in
an effort to improve the representation of minority students in the Fuqua School of Business. The workshop incorporates both formal and informal
interaction with Duke MBA students, alumni, faculty and administrators.
The Duke MBA Weekend for Women, which has celebrated its fifth anniversary, is a three-day event offering prospective female students a unique
opportunity to sample Duke in the company of other women considering an MBA and to interact with current MBA students, leading faculty and
alumnae.
The Fuqua School of Business at Duke University is a formal partner of the National Black MBA Association, Inc. and participates in the NBMBAA
conference and exposition each year.
How does your school’s leadership communicate the importance of diversity to your student body, faculty and administration?
Duke University’s Fuqua School of Business employs a full-time director of diversity initiatives within the admissions office to oversee the school’s
diversity outreach and programs.
Fuqua maintains an active email listserv of all students, providing updates on important school news and alerting students to events and speakers on
campus. These electronic communications include notifications of minority and women club events, symposiums and relevant guest speakers.
The Fuqua School of Business website contains home pages for the various minority and women student associations and clubs, where students can
find detailed information about their activities and opportunities such as scholarships and recruiting events.
The Fuqua Times is a student-operated newspaper providing news and discussion of important school events and issues. Diversity-related news and
events are covered in detail in the paper.
Diversity has been an important part of Fuqua’s external messaging, with a renewed emphasis on communicating the urgency of diversity in light of
the school’s international expansion initiative.
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DEMOGRAPHIC INFORMATION
Please describe the demographics of your most recent entering class.
The demographics below are for the Duke MBA daytime class of 2010 and do not include Fuqua’s executive MBA programs.
White/Caucasian: 61 percent
African-American/Black: 8 percent
Hispanic/Latino: 4 percent
Asian: 19 percent
Chose not to report: 8 percent
Please describe the geographic diversity of your most recent entering class.
Percentage of U.S. citizens and permanent residents: 60 percent
Mid-Atlantic: 19 percent
Midwest: 12 percent
Northeast: 25 percent
South: 17 percent
Southwest: 6 percent
West: 17 percent
Please describe the selectivity of your school for the most recent application cycle.
Number of applicants: 3,044
Please describe the academic and employment backgrounds of your most recent entering class.
Average years of pre-MBA work experience: 5.4
Consulting: 7 percent
Consumer products: 3 percent
Education: 3 percent
Energy: 3 percent
Financial services: 18 percent
Government: 3 percent
Manufacturing: 4 percent
Media/entertainment: 7 percent
Nonprofit: 5 percent
Pharmaceuticals/biotechnology/health care products: 8 percent
Real estate: 1 percent
Technology: 17 percent
Other: 20 percent
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Humanities: 7 percent
Social sciences: 8 percent
Science: 9 percent
Business/commerce: 32 percent
Other major/field of study*: 44 percent
*Includes all disciplines not listed above including: computer science, economics, engineering, law, etc.
Please provide student employment information for the most recent graduating class.
Average starting salary: $100,136
Finance: 32 percent
Consulting: 30 percent
Marketing: 23 percent
General management: 10 percent
Operations: 2 percent
Other functions*: 1 percent
*Includes those in which less than 1 percent of graduates accepted jobs: human resources, product development and management
information systems.
Accenture
Bain & Company
Bank of America
The Boston Consulting Group
Citi
Johnson & Johnson
Dell, Inc.
Deloitte Consulting
Eli Lilly and Company
Goldman Sachs
J.P. Morgan
Kraft Foods
Lehman Brothers
McKinsey & Company
Merrill Lynch
PricewaterhouseCoopers LLP
Procter & Gamble
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