Fuqua School of Business
Executive Summary
The Fuqua School of Business at Duke University has achieved a top-tier status among business schools worldwide. While rankings fluctuate up and down, Fuqua is widely perceived as a leading business school in research and teaching. The overarching goal for the School over the next five years is to build upon what we have achieved to date and to solidify a position for Fuqua as one of the best business schools in the world. As a school, Fuqua is dedicated to advancing the understanding of management through research, putting research knowledge at the service of business and society, and providing the highest quality education for business and not-for-profit leaders worldwide. Sustained excellence in terms of management education, research, and the advancement of management practice has been the school's mission and will continue to be so for the next five years.
Success of the Fuqua School of Business should contribute to the overall mission of Duke University to excel in education and research. The school also wishes to be an outstanding partner of other schools and departments at Duke University, including providing intellectual leadership whenever possible. This collaboration with other schools and departments at Duke is not only a worthy goal but also an important source of competitive advantage for the Fuqua School of Business. Such work with other units at Duke has been a contributor to the school's success in the past, and it is likely to be an even stronger factor in the school's success over the next five years
Section I sets forth the ten major goals for The Fuqua School of Business. These are:
- Faculty Enhancement. Balanced excellence in research and education begins with the recruiting, developing, and retaining of faculty members who can do path-breaking research and provide the highest quality “professional” educational experiences for Fuqua's students. Over the next five years, the most likely areas to move into the top 5, and the most likely areas to have major impact, if successful, are finance and strategy.
- Enhancements to Current MBA Programs. As a professional school, Fuqua seeks a leadership role in management education, and in the advancement of management practice. The second major goal over the next five years is the enhancement of our educational programs, with a continued emphasis on innovations in education. A sense of educational innovation has been a source of strength for the Fuqua School of Business, and the School does not want to lose its competitive advantage as an innovative business school. We cannot move into the very top ranking of business schools (Top 5) by simply mimicking those schools.
- Partnerships within Duke University. A priority over the next five years is to expand the already strong relationships with the rest of Duke University. One of the strengths of Duke University is the opportunity and encouragement it provides for partnerships across schools and departments.