Duke 2004 Q&A part 2: The Fuqua Core

sfish · 发表于 2003-9-26 12:34:00

Fuqua's Core Curriculum and teaching styles.
September 24, 2003

Stefan Jang (Sunnyvale):  Hi Kira and Liz, 7-week terms seems to fast for someone to learn or grasp the course, how does students react to very short terms?
Kira:  The short terms are challenging because you don't have the time to fall behind on your studies. What I like about the short terms is: 1) You can take a wide variety of classes during your two years at Fuqua. 2) If you are challenged in a class, you only have to make it through six weeks not 3-4 months!

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Stefan Jang (Sunnyvale):  Is there lots of interaction between the professor and students during class and after the class?
Liz:  Yes-- I've been amazed at how much the profs make themselves available to the students for questions and help. For example, even after classes this summer I called on several of my professors for help with some of my internship projects. This aspect of b-school was very important to me as I went to a large state school undergrad (UVa) and didn't have much interaction with my profs.

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Stefan Jang (Sunnyvale):  Have either of you participated in GATE program? Is GATE program a part of CORE curriculum?
Hitesh Anand:  I have not gone for a GATE trip yet. It is not a part of the core, but I would recommend this for people who want to broaden their knowledge of how business is done in other countries. I personally have worked in Asia and Europe and so can testify to the different business attitudes and the need to understand them if you want a global career.

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giorgio :  Hi Kira and Liz! How do you describe the classrooms?atmosphere"? Any differences comparing to other schools??
Kira:  I can't make comparisons to the classroom environment at other schools, but I enjoy the atmosphere at Fuqua. Like many schools, in the first year, you take all of the core classes with your section. I was in section 2, and I really enjoyed having the same classes with the same people. You get to know people's personalities, and everyone in my section was very open to helping each other out. Typically, most classes are a mix of cases and lectures with some problem sets worked in (for stats, finance, etc).

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Stefan Jang (Sunnyvale):  This is little bit off topic question but since I'm a Blue Devil fan since I was very young so I would like to ask you whether you had a opportunity to attend a Basketball game? Have you met coach K?
Liz:  YES!!! Of course. A Duke basketball game is a blast and a complete experience in and of itself. Coach K is very involved with the b-school-- in fact, he was the keynote speaker at our spring Leadership Conference. The grad students have a weekend event called "campout" that you may have heard of-- its a lot of fun and an opportunity to get season tickets to the games.

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Eliot Foster (San Francisco):  How many members of last year's class spent a term in an international exchange?
Hitesh Anand:  I do not have the numbers for last year, but the class of 2004 about 30 odd people are going for exchange program to various schools in Europe, Australia, and Asia.

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Eliot Foster (San Francisco):  Can Fuqua students take courses outside the business curriculum (such as language, etc.)?
Kira:  Yes. You can take classes at Duke University, UNC, etc. I have several classmates taking courses at Public Policy and UNC. That said, it's a little challenging because other programs operate on a semester-system. You may end up taking classes over the Fuqua fall break because our schedule is different with four six-week terms.

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AkshayKapur (San Jose, CA):  Hello folks! What are the concentrations that Duke specializes in?
Hitesh Anand:  Fuqua does not have any formal concentrations except the Health Sector Management. Fuqua's strength is in offering a general management curriculum. However, you can emphasize on various area such as Consulting, Finance, Entrepreneurship, Operations etc. by taking courses in these areas.

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Stefan Jang (Sunnyvale):  What is your typical day like at Fuqua?
Kira:  There isn't really a typical day because there are so many different things going on at Fuqua. In term one, you'd take four classes - three core classes + a computer skills class. So, you'd have two classes on Monday/Thursday and two on Tuesday/Friday (or some combination of that). Classes are 2 hours 15 minutes. Seems like a lot of time left over right? Well... add to that company presentations, team meetings, homework, reading and extracurricular activities, and you're often at school from 8AM to 10PM. But I still loved every minute of it!

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Emily (Austin):  Hi Kira and Liz! How integrated is the core curriculum? Is there a lot of interaction between the classes?
Liz:  My personal opinion is that the entire first year experience is very integrated and also well timed. Everything builds on previous lessons and other courses. I know the profs spend time getting familiar with what we are learning in other courses so that they can understand how their lessons fit in with our studies.

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Eliot Foster (San Francisco):  And these classes count as Fuqua electives?
Kira:  Yes. You take 10 core classes in the first year, and, unless you exempt from a core class, you get two electives during term 4.

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Shigekatsu Kitani (New York):  Hi, Kira & Liz. My name is Shigekatsu Kitani. Could you tell me the average number of students in a core class??
Kira:  Approximately 65-70 students. There are 6 sections now, so we've got about 405 students in the first year class.

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Stefan Jang (Sunnyvale):  Does CORE curriculum involve lot of team projects and case studies?
Kira:  YES! Almost every core class with the exception of corporate finance involves team work. All classes incorporate cases to varying degrees. Team work ranges from working a problem set to turn in as homework to weekly team cases in the marketing core class.

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Matt Corona (Chicago):  Hello Kira and Liz - Taking first year courses with the same section seems like a great way to begin a network at Fuqua. Is there some assessment done of the section makeup to ensure that the class discussions aren't too heavy in a particular background?
Hitesh Anand:  Fuqua does a good job of ensuring that all the sections are pretty heterogeneous. This leads to a good variety of ideas from people who have worked in different industries. Actually during ILE we do a lot of tests (Myers-Brigggs etc) to see how the class is composed. It is no surprise that the results consistently show hetorogenity

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giorgio :  How do you describe the ILEs experience??
Liz:  ILE comes in the beginning of the school year immediately following orientation. It is an opportunity to get to know your fellow sectionmates as well as get a better feel for the culture at Fuqua. Each day focuses on a different aspect of the culture-- teamwork, ethics, diversity, etc. The best part of ILE for me was working with my new team (you are assigned teams within your section for the first term) and getting to know them prior to jumping straight into classwork.

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Fergus (Dallas):  Can you tell me more about the Entrepreneurial programs? Are they focused on a particular aspect?
Kira:  There are entreprenuerial electives including New Venture Planning, Entrepreneurial Finance, Social Entrepreneurship, etc. Also, there's a great organization on campus called the Duke Start-Up Challenge which is the largest entrepreneurship competition in the country. It's open to all university students (med, engineering, business), and it's a great experience. Lastly, there are mentored internships that you can take where you work with a local start-up.

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Matt Corona (Chicago):  Do many students apply for exemption from core curriculum?
Hitesh Anand:  I do not have the numbers but not too many people exempt many core classes as you would think. It is however natural for say accountants to exempt Accounting, Econ majors to exempt Economics etc.

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Eliot Foster (San Francisco):  For someone with a non-quantitative background, what classes would you recommend to prepare for the first year at Duke?
Liz:  This is a good one for me to answer b/c I was an English major undergrad. I would recommend taking a basic accounting class and/or a stats class if you have the opportunity. It is not necesary, but it definitely helps. Also, prior to orientation, Fuqua offers "math camp" and "accounting camp" for those who want to brush up.

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Fergus (Dallas):  What is the best round to apply in? Are there available stats on applications and acceptances by round?
Hitesh Anand:  Hi, we are not connected with the Admissions Office and so are not competent to advise on application related questions. We are here to answer any curriculum questions that you might have today

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Christine Quirolo (South Salem):  Can you please expand on the Integrative Learning Experiences?
Kira:  There are two ILE experiences: ILE 1 and ILE 2. ILE 1 is for first years, and it lasts a full week. Each day is a different topic - leadership, team building, culture, ethics, ropes course. You find out your ILE team during orientation week, and you do much of your team work in terms 1 and 2 with your ILE team. So, ILE 1 is a great way to build team skills before hard work of classes begins. ILE 2 is for second years, and it's simulated business experience that lasts about 3 1/2 days. Six to seven teams compete as businesses in a simulation game that includes labor strife, cost overruns and fires in your factory. Pretty interesting.

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John (Tokyo):  Just to get back to the classroom environment - would you describe it as very competitive, where there is a certain amount of pressure on students to make contributions? Or was it more "collegial," or mutually supportive, where you feel at ease contributing to discussions?
Liz:  Actually I have been surprised by how "collegial" the environment is at Fuqua. From what I'd heard abt b-school I was expecting it to be much more cutthroat-- but I can honestly say it isn't. For example, its common to see students offering help sessions to one another and prepping together for exams, etc.

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Stefan Jang (Sunnyvale):  Kira, Liz, and Hitesh, if you don't mind could you tell me (us) little bit about your backgrounds?
Hitesh Anand:  I have a bachelors and masters in EE, have worked with telecom companies and semiconductor companies such as Motorla and Analog Devices in India and in the US. I have worked in a variety of roles including design, marketing and strategy.

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Stefan Jang (Sunnyvale):  Kira, Liz, and Hitesh, if you don't mind could you tell me (us) little bit about your backgrounds?
Kira:  I graduated from Georgetown's School of Foreign Service in 1995. I started my own company, The Spanish Accent, which sent students to Latin America to learn Spanish upon graduation. After I sold the business to my partner, I ran the international division of a handbag and accessories company, The Sak, in San Francisco for three years. Then, I worked in business development for a start-up for a little over a year before business school.

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Stefan Jang (Sunnyvale):  Kira, Liz, and Hitesh, if you don't mind could you tell me (us) little bit about your backgrounds?
Liz:  I graduated from UVa in '96 with an English degree. From there moved to Seattle and did some writing and then worked in sales for a cruiseboat company. In '98 moved to Chicago and managed electronic distribution and marketing for Hyatt Hotels & Resorts Corporation.

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daniel pozen:  I realize this is a discussion on the curriculum, however, I recently read that Fuqua has rolling admissions. Are all students notified on the official notification date or does it depend on when you submit your application?
Hitesh Anand:  As I mentioned earlier we cannot answer admission related questions. Any questions about the school and curricullum are welcome though.

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Matt Corona (Chicago):  Would you mind sharing more info on activities during ILEs? Do students participate in sections, or does the entire class participate together?
Liz:  ILE takes place within your newly assigned section and a lot of the activities allow you to work with your new team (the people you will work with on assignments for the core courses).

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Emily (Austin):  What do you think are some of the biggest challenges going into the first year?
Kira:  A lot of this depends on your background - if you don't have a strong quant background, then you may work a little harder in stats, finance, etc. Then again, that also depends on what you want out of your b-school experience. If you are coming to switch careers, push yourself to learn new things, etc, then you may end up working harder on areas of weakness. If you're here to play for two years before you go back to work (though there are fewer of those folks around these days) then you may choose to do less.

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cindy (chengdu):  Hi Kira and Liz! Just curious about whether the chances of getting admitted to Fuqua will be dinged if the courses taken in undergrad had little to do with the cores taken in b-school? Like statistics,microeconomy,blah blah blah?
Liz:  Absolutely not! There are definitely people here from all kinds of academic backgrounds. As I mentioned, I was an English major- so most of my courses were decidedly not business-related. Applicants from non-quant backgrounds may want to take some courses prior to b-school, though, to show that you can manage this type of work. In addition, it will really help you during your first year to be somewhat familiar with some of the accounting and stats concepts.

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Christine Quirolo (South Salem):  How common is it for a course to incorporate guest speakers who can share real life business cases and experience?
Kira:  This is quite common, especially in the core classes. For example, the managerial effectivess core class has had two guest speakers so far from companies discussed during cases (SAS and PriceWaterhouseCoopers).

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Matt Corona (Chicago):  Has the core curriculum changed much over the past few years, or should we expect to see the same format/schedule for 2004?
Kira:  I don't think the curriculum has changed dramatically over the last few years, but it definitely evolves. I work with two of the professors on one of the core classes, and we did pretty extensive focus group sessions after last year's class and incorporated much of the feedback into this year's curriculum. Also, all classes provide midterm feedback, and it's very cool to see how much of the feedback is incorporated during the term.

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Fergus (Dallas):  Does Duke's location lead to any advantage/disadvantage when I comes to recruitment? Is there a geographical slant to the companies that come (mide-atlantic, SE, etc)?
Liz:  There are definitely a lot of local SE companies that recruit at Fuqua, but top companies outside the area recruit here as well. I think the fact that there are two top 20 schools in the area (Fuqua and K-F) may help draw more companies. In addition, most of the clubs host trips to other cities to visit companies outside the area. For example, I went to L.A. over spring break last year with the Sports and Entertainment Business Association to meet with entertainment companies like Disney, Universal, MGM, Warner Bros, etc.

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Fergus (Dallas):  Liz, Kira, and Hitest, what has been the best course you have taken and why?
Kira:  Managerial Effectiveness. I'm a little biased though because I work with those two professors now, but I really enjoyed the class. Thoughtful, engaging, interesting and extremely valuable. I also got a lot out of the marketing class and used many of the tools learned in that class during my internship.

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AkshayKapur (San Jose, CA):  Thank you Hitesh! Please discuss how you would rate the Fuqua program for careers in consulting and entrepreneurship.
Hitesh Anand:  I would rate Fuqua's rating at par if not better than our peer schools. Fuqua has a couple of initiatives for both Consulting as well as Entrepreneurship. We have a Small Business Consulting Program where teams of students engage on real consulting projects for companies in the area. Additionally we also have a Strategic Planning Practicum where students develop and write a strategic business plan. There is also an International Marketing Practicum designed to assist non-USA companies enter or expand in the US market. It is a full (six units) course for second year students in which student teams (4 or 5 per team) build on their marketing knowledge by undertaking real marketing projects. In the field of Entrepreneirship Fuqua has an emphasis in this area with a plethora of courses. Additionally, there is a Mentored Internship program where you work at local Venture Capital or Start-up companies while in school getting real world experience. Other programs include the Duke Start-up challenge and Duke Venture Clinic etc...

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giorgio :  Do you have a "core curriculum" for significant others?
Liz:  Can you clarify?

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gretchen (san francisco):  Kira - since many of us are currently living in the Bay Area, how difficult was it for you to adapt to a small-town atmosphere?
Kira:  I grew up in the south, and my husband and I plan to move back to the Bay Area after school. So, coming to Duke was a great opportunity for my husband and I to be closer to my family, at least for two years.

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Emily (Austin):  Can you tell me a little bit more about the ILEs and how that contributed to getting you started as a class for your first year?
Kira:  As I mentioned earlier, one of the best things about the ILE 1 is that you work with the team that you'll have for at least the first two terms of the year. That way, you work out a lot of team dynamics issues before classes start.

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gretchen (san francisco):  Being in the Research Triangle and voted top for intellectual capital, do you see that effecting the faculty in any way?
Hitesh Anand:  I think that portends very well for Fuqua. Fuqua has been doing a good job of recruiting and retaining new faculty. In fact this year we added some 17 new faculty members - some new and some from established MBA prgrams. We expect this trend to continue.

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Emily (Austin):  Can you tell me a little bit more about the ILEs and how that contributed to getting you started as a class for your first year?
Liz:  Emily-- I think we covered a lot on ILE is there anything specific we can elaborate on?

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giorgio :  How flexible is the curriculum to learn new things? (Especially during the first year?)
Kira:  I'm not sure exactly what you're asking. The core curriculum is set - 10 classes during the first year. You get two electives, unless you exempt (see Hitesh' answer above for more on that). In terms of learning outside the curriculum, Fuqua offers the Distinguished Speakers Series (Jeffrey Immelt is coming this year, Doug Daft was here last year), the Faculty Research Series and mentored internship studies.

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Stefan Jang (Sunnyvale):  I heard that MBA school make you read lots of materials. So what are the loads for these CORE Curriculum and what should the first year student expect from these CORE Curriculum class?
Hitesh Anand:  Yes, an MBA has a load of readings to do and Fuqua is no different. Pretty much every class is based on some sort of a reading including cases. So on an average I would say at least 1-2 hr of reading per course per class.

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Christine Quirolo (South Salem):  If you had to pick one thing that makes the Fuqua teaching style & curriculum unique, what would it be?
Liz:  Its hard to say what is unique b/c this is my only experience with b-school. I will say one of the things that I've been most impressed by has been the access to the professors. These are top academic minds willing to sit one on one anytime and throw around ideas, take feedback on their lectures, or answer any questions. It really has been amazing. In addition to the professors, I've been in awe of my classmates. People from all over the world with such a variety of backgrounds and experiences. I can honestly say I've learned so much from them both in an academic and cultural sense.

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Emir Ulkumen (Istanbul):  How does Durham differ from other cities with its cultural and social environment and also business curricula?
Hitesh Anand:  Durham is a small town very different from the New York or LA image you might have of the US. I believe that it is this smallness that contributes to the closeness of the Fuqua community. However, if you want the big town feel Raleigh is not far enough for you to explore. (25 miles)

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giorgio :  I mean if Fuqua has a program with activities for significant others
Liz:  Okay, thanks. Yes, there is a group called "Fuqua Partners" for spouses and significant others. They plan a lot of activities and their presidents sit on the MBA Association Board. In addition, partners are welcome enroll and participate in any club at Fuqua.

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Emily (Austin):  Liz, thank you re: ILE. I got all the information I wanted from the subsequent questions that were asked. Thank you!
Liz:  Great!

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gretchen (san francisco):  Kira, do you find the lifestyle there stimulating enough just on campus. Being in such a small town, it seems there isn't much else to offer beyond the campus. And are you dying for some good Asian food?

Liz:  Kira just took off, so I'll attempt to answer. As far as the area, it really is larger than Durham. The three cities of Raleigh, Durham Chapel Hill kind of blend together and draw a lot of good music, theatre, etc. In addition, Duke University always has a wealth of cultural events. Last year one of my sectionmates and I formed a club to directly address your concerns. It is the Fuqua Arts Club and our mission is to ensure that creative culture is a part of the learning experience at Fuqua. We are hosting excursions to galleries, museums, theatre, etc. In addition, we wanted to create a forum for students to talk about their artistic interests and get together to attend events in the area. The club has over 200 members and has been a great success so far.

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Christine Quirolo (South Salem):  Can it be difficult to secure a seat in popular electives?
Hitesh Anand:  Some of the elective get filled very fast. But it is a testimony to the responsiveness of the Fuqua administration, that they work with us students to increase the class size or add a sections for courses in very heavy demand.

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AkshayKapur (San Jose, CA):  Hitesh,this information is very helpful. Thank you!
Hitesh Anand:  My pleasure.

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Shigekatsu Kitani (New York):  How many students are there in one team?? Fuqua is famous as "Team Fuqua" How often do you meet with your teammate to study??
Hitesh Anand:  On an average there are 4-5 students in a team. You are right Fuqua is famous for "Team Fuqua." This attitude not only pertains to the classroom but also extends beyond the learning environment such as helping each other in networking for a specific area etc. All teams meet at least once for cases. Some meet to study as a group. On an average you will have at least one team meeting a day.

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Matt Corona (Chicago):  This question is a bit off target from the core curriculum topic, but I have a quick question about second year electives. Have you found second year classes to be smaller/about the same as first year classes?
Hitesh Anand:  Most electives are smaller but there are exceptions too. For example an elective on New Enterprise Planning being taught by a local Venture Capitalist is around 90 students.

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Fergus (Dallas):  If you don't mind sharing, what are your goals post-Duke? Also what factors made you choose Duke when you were in our position?
Liz:  My academic background did not include any business-related courses so I wanted to attend b-school to round out my business knowledge beyond my direct experience with work. I wanted to either stay in the hospitality/tourism market or go into a strategic planning role post school and that is still my plan. As for Duke specifically, my entire experience in working with the Admissions folks to meeting the students when I came to interview just "felt right". Of course I did a lot of analysis on the schools I applied to so they were all relatively similar as far as reputation, rank, strengths, etc.-- but when it came down to the final choice I just had a good feeling about the people at Duke. You really have to come here, meet the students and feel it.

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Eliot Foster (San Francisco):  How does the grading process work at Duke?
Liz:  The grading process is relative to the other students within your section. About 25% of the students get an SP (Superior pass), another 25% get an HP (High pass) and the remainder get either a P (Pass), LP(Low pass) or F. Fs really don't occur much. The numbers above are a generalization-- it is ultimately at the discretion of the prof. Fortunately, the relative grading doesn't seem to cause competition b/c at this point most of us are just here to get as much as we can out of each class and the overall experience. Grades are secondary to learning.

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Stefan Jang (Sunnyvale):  Not sure whether this is a appropriate question to ask, since this might be a question for admission committee but I'll ask anyway...is there people with more than 7 years of work experience taking CORE curriculum classes? Also people who left the school long time ago, do they have any tutoring program other than Math and accounting bootcamp?
Liz:  Yes, there are people with over 7 years experience, but you'd have to get more info from Admissions. As for tutoring, there is always free tutoring available for any core course.

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Fergus (Dallas):  If you don't mind sharing, what are your goals post-Duke? Also what factors made you choose Duke when you were in our position?
Hitesh Anand:  My goals post Fuqua is to work in a global company in a general management role. Fuqua has stood me well in this regard. I come from a very heavy tech background and was looking for a school that took a holistic approach to business education - not only focusing on the quant side but equally emphasizing the soft side of business. Fuqua's general management education fit well with my long term goals and hence my decision to join Fuqua.

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John (Tokyo):  What proportion of work/preparation outside the classroom is done in groups?
Liz:  I think Hitesh may have addressed this question-- are you ok with his answer or would you like more detail?

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Jose (Miami):  Could you comment on the leadership training aspect of the program? What's available and how much is it emphasized?
Liz:  I think Fuqua is unique in our focus on leadership. We have a Leadership Development cabinet that was formed by students several years ago and is taken very seriously by the administration. They have worked with the Dean to bring leadership courses to the school and also host a leadership conference each year.

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Stefan Jang (Sunnyvale):  Kira, Liz, and Hitesh - Thank you very much for your invaluable time and information about Fuqua's CORE curriculum and Fuqua itself! Again, thank you!
Liz:  You're welcome. Come visit us!

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Shigekatsu Kitani (New York):  Do student choose the team member? or does school(professor?) make up teams?
Liz:  For your first core courses you are assigned a team. They are very careful to plan teams so that you have a broad range of backgrounds and knowledge on each team. In later terms it varies as to whether the prof assigns the teams or you get to choose-- but that doesn't happen until the second half of the year.

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Matt Corona (Chicago):  Hitesh, Liz, and Kira - Thanks for your help with my questions. I appreciate it.
Liz:  No problem-- hope you are enjoying the days in Chicago before it gets COLD!!! Thanks for your questions.

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Fergus (Dallas):  I know some business schools have a policy of nondisclosure of grades for recruiting purposes. Does Duke and if so do you think this contributes to the collaborative nature of the school?
Hitesh Anand:  Fuqua does not have a grade non-discloure policy. I cannot comment about other schools, but I do not believe that not having grade non-disclosure hurts Fuqua's collaborative nature in any way. In fact it leads to a better learning process by instilling a sense of "lets-see-who-has-a-better-and-unique-way-of-looking-at-things" in short it stimulates and intellectual curiousity to do better.

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giorgio :  This question is out of the scope, but I hope you can answer it anyway. I am from Chile, so I have no idea about Durham. Can you please tell me some aspects of the town/ city? (Population, night activity, restaurants, etc..)
Liz:  Giorgio-- The secionmate I mentioned earlier who I started the Arts Club with is also from Chile. We formed the club to increase awareness about cultural events in the area. There is a lot to do around here-- we are just trying to help make it easier to find out about all the activities.

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Emily (Austin):  Wow! Thank you so much for all of the great information. I really appreciate this forum and that you guys took the time to answer our questions. I also want to thank the participants for all of their great questions. Thank you so much!
Hitesh Anand:  It was our pleasure. Please check the schedule for future FuquaTalks and hopefully we can continue to answer any queries you have.

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Christine Quirolo (South Salem):  Thank you for all your insight- The Fuqua Talks are a great idea and I look forward to attending more!

Hitesh Anand: Thank you all for your questions. 'hope we were able to answer the questions to your satisfaction.

Duke 2004 Q&A part 2: The Fuqua Core

Duke 2004 Q&A part 2: The Fuqua Core

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