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Fuqua

When I sat down with Fuqua’s  Kathie Amato, assistant dean for executive MBA programs and associate dean for the Master of Management Studies program, and Deputy Dean Bill Boulding, or spoke via telephone with Fuqua Dean Blair Sheppard about the new Master of Management Studies, the question of why Duke does not have an undergraduate business  program often arose.

The University once had an undergraduate business program—it ended in 1979, the year Sheppard came to Duke.

“The reason we got out of it is a belief that business is inherently narrowing as a subject matter, and if it is the first thing you learn, you are really ill-prepared for the world you are about to enter,” Sheppard said. “We believe that, we inherently believe that.”

He said the creation of the Master of Management Studies program does not indicate that Duke should have an undergraduate business program.

“Is the existence of a law school evidence that we should be teaching law in undergrad—silly question,” he said. “I’d say the same thing about what we’re doing.”

Amato drew from personal experience to help explain the lack of an undergraduate business program.

“We really like the marriage of either the strong base in the liberal arts or the strong base in the sciences… with [the Master of Management Studies program] because we really believe that when you combine those two, it is a far more powerful combination and really gives someone the benefit of what we believe is a true Duke sort of education, quite frankly,” she said. “I was a religion undergraduate who immediately went to school and got an MBA. The fact that I have that very strong liberal arts, religion, philosophy background was very huge to me throughout my career.”

Duke does have a broader option for students interested in business, the Markets and Management Studies Certificate program.

“If you want to go into business, business school, start a business, or work for a business, this is the way to do it,” said sociology professor Lisa Keister, director of Markets and Management Studies. “The whole idea, especially at Duke, is that you have very broad liberal arts training…. That is still true in the certificate program.”

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Even the slightest shift in higher education rankings provokes many questions on campus: Why did Duke’s position change? How far ahead is the Harvard-Yale-Princeton triumvirate? What can Duke do to stay on the upswing?

These and other questions came to mind when the Fuqua School of Business leapt to No. 22 in the Financial Times’ list of best full-time business schools in the world, a six-spot improvement from last year.

It is probably too soon for Fuqua’s five-site global network, announced last August, to be giving Duke a boost in the curent rankings, Elizabeth Hogan, Fuqua’s assistant dean for marketing and communications, told The Chronicle when Fuqua rose to eighth place in BusinessWeek’s Best B-Schools of 2008 issue.  

But Michael Schoenfeld, vice president for government relations and public affairs, hinted that the Multinational Growth Plan could give Duke a boost in future rankings.

“As Fuqua’s global programs continue to expand, we expect that Duke’s stature will only grow among international leaders,” Schoenfeld wrote in an e-mail to The Chronicle when Fuqua’s position in the Financial Times’ rankings was announced.

Even so, Dan LeClair, vice president and chief knowledge officer of the Association to Advance Collegiate Schools of Business, said he doubts Fuqua is launching the global outposts to best its competitors in the rankings.

“I know that Fuqua is not doing this to increase their rankings,” he said. “This is part of their mission, an important part of their strategy. [Improved rankings] may be an outcome–it’s certainly a reasonable thing that could come out of this. But I think it’s important to note that business schools like Duke don’t let the rankings drive their strategy…. I know [Fuqua Dean Blair Sheppard] well enough to know that [rankings] are not the key driver.”

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