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Duke Fuqua MBA Fees & Living Expenses: Plan Your Budget

Duke Fuqua MBA Fees: Complete Breakdown for 2024

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Key Takeaways:

  • Duke Fuqua MBA tuition is $77,000/year, with mandatory fees adding $7,500/year. Plan for a 3-5% annual increase.
  • Housing near campus costs $1,200-$1,800/month, with total monthly living expenses around $2,000-$3,000.
  • Scholarships can cover up to 100% of tuition, with loans and need-based aid available.
  • Graduates earn a median base salary of $160,000 plus $35,000 bonuses, with strong ROI.

Planning to pursue an MBA at Duke University's Fuqua School of Business? One of the first steps is understanding the total cost involved. The Duke Fuqua MBA fees go beyond just tuition—there are additional costs like living expenses, books, and other essentials that make up the full cost of attendance.

This guide will give you a clear breakdown of all the costs, from tuition to hidden expenses, so you can plan your budget without surprises. Whether you’re a domestic or international student, knowing the financial details will help you prepare better and focus on making the most of your MBA experience. Keep reading to understand everything about the fees, living costs in Durham, and options to fund your education at Fuqua.

Duke Fuqua MBA Tuition Fees

duke fuqua mba fees

The tuition for the Duke Fuqua MBA program for the 2023-2025 academic year is $77,925.

This fee covers your classes, access to the school’s resources, and more. However, tuition can change, so it’s a good idea to stay updated on any adjustments.

In addition to tuition, there are other costs to consider, like extracurricular activities, networking events, and career-building opportunities. These can add up, so planning your budget is key.Take a closer look at all the costs to ensure you’re financially prepared for your MBA journey.

For a detailed analysis of Duke MBA cost, please visit Duke MBA Tuition + Cost

Living Expenses for Duke MBA

duke fuqua mba fees

Prospective students must factor in living expenses in North Carolina when contemplating pursuing an MBA at Duke Fuqua. The estimated first-year cost of attendance for the Daytime MBA Class of 2025 is $106,962, which includes Duke Fuqua MBA fees such as tuition and fees alongside living expenses.

Expense Cost
Tuition 77,925 USD
Estimated Medical Insurance & Other Fees 7,920 USD
Estimated Educational Supplies 840 USD
Estimated Living Expenses 23,202 USD

Here's a brief overview of some typical expenses in Durham:

1. Accommodation

Duke Fuqua provides students with a range of housing options on campus, including studio, one-bedroom, and two-bedroom apartments. Additionally, students can explore off-campus housing in the Durham area, where prices may vary based on location and amenities. 

2. Food

Students have the option to purchase meal plans on campus or to cook their meals in on-campus housing or off-campus apartments. Off-campus options include a variety of restaurants and grocery stores.

3. Transportation

Duke Fuqua provides a free shuttle service for students between the campus and off-campus housing locations. Students may also choose to bring their vehicle or use public transportation options such as buses or ride-sharing services.

4. Utility

Utility costs vary depending on the housing option chosen. On-campus housing typically includes utilities such as electricity and water, while off-campus options may require students to set up their utilities.

Category Option Estimated Cost (per month)
Accommodation On-campus $900 - $2,000
  Off-campus $800 - $1,500
Food On-campus Meal Plans $300 - $500
  Self-Cooked $200 - $400
Transportation Shuttle Service Free
  Personal Vehicle $200 - $400
  Public Transportation $50 - $150
Utility On-campus Housing Included in rent
  Off-campus Housing $100 - $200

Duke Fuqua MBA Scholarships

Duke Fuqua MBA Fees

Duke University's Fuqua School of Business offers several merit-based scholarships to support international students pursuing an MBA. These scholarships recognize academic excellence, leadership, and community involvement, helping to offset the Duke Fuqua MBA fees.

All admitted applicants, including international students, are automatically considered for these scholarships; no separate application is required. Selection is based on prior academic achievement, demonstrated leadership, community involvement, extracurricular activities, and professional accomplishments.

Additionally, Fuqua offers loan programs for international students, including options that do not require a U.S. cosigner, to further assist in financing the Duke Fuqua MBA fees.Prospective international students should review the specific eligibility criteria and application processes for each scholarship to determine the best fit for their backgrounds and career aspirations.

Scholarship Name Award Details Eligibility Criteria
Thomas F. Keller Scholarship Full tuition coverage Awarded to Daytime MBA students demonstrating academic excellence and a strong commitment to community improvement through leadership and service.
University Scholars Program Half to full tuition coverage Granted to Daytime MBA students with outstanding innovation and interdisciplinary interests.
Manning Family Scholarship Full tuition coverage For Daytime MBA students committed to a career in health care management and policy, exhibiting strong academic credentials and leadership potential.
Forté Foundation Fellowship Partial to full tuition coverage Open to all MBA students who demonstrate academic excellence and a commitment to advancing women in business.
Fuqua Impact Scholars Up to full tuition coverage For Daytime MBA students with experience or passion in areas like energy, social impact, healthcare, leadership, or entrepreneurship, aiming to impact the Fuqua community.

Please refer Merit Scholarship Offering for detailed analysis of Scholarship for Duke MBA. 

Part-Time Jobs and Potential Earnings

Duke Fuqua MBA Fees

As an MBA student, you may be interested in exploring part-time job options to supplement your income while you pursue your studies. Duke University offers a variety of part-time job opportunities for students, both on and off campus. Here are some potential part-time job options and their earning potentials:

1. Campus Jobs

Duke University Libraries employs over 250 students each year in various jobs, such as library student assistants. They offer a wide range of employment opportunities, competitive wages starting at $15.00 per hour, a flexible work schedule, and the chance to meet many interesting people.

2. Hospitality Industry

The hospitality industry is a great place to find part-time work, especially in a college town like Durham. Restaurants, cafes, and hotels often have flexible schedules and the potential to earn tips in addition to a base hourly wage.

3. Retail Sector

Retail jobs can be another good option for part-time work, especially during the holiday season. Some examples of retail stores in the Durham area include Target, Walmart, and local boutiques.

4. Tutoring

If you have a particular subject in which you excel, you could consider tutoring other students. Tutoring can be done either in person or online and can often command a higher hourly wage than other part-time jobs.

5. Freelancing

Freelancing is another option to consider if you have skills in areas such as writing, graphic design, or programming. You could look for freelance opportunities online or through networking with other professionals in your field.

While the earning potential varies depending on the industry and the specific job, part-time work can be a great way to supplement your income as an MBA student while paying Duke Fuqua MBA Fees. With the variety of part-time job options available in Durham, you are sure to find something that fits your skills and schedule.

For more information about MBA Careers, please visit Duke Career Development.

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Conclusion

Duke Fuqua is an excellent choice for international students looking to pursue masters from top MBA colleges in USA. With world-class faculty, a strong focus on leadership, and exceptional career outcomes, Fuqua provides a supportive and inclusive environment for global talent. The variety of scholarships and financial aid options make it easier to manage the Duke Fuqua MBA fees, ensuring you can focus on achieving your career goals. Choosing Fuqua means investing in a program that values diversity and prepares you for a successful future in the business world.

What are the main components of Duke Fuqua MBA Fees?

Duke Fuqua MBA Fees primarily include tuition fees, living expenses, and potential scholarship opportunities.

What living expenses should I consider when planning for the Duke Fuqua MBA program?

Living expenses encompass accommodation costs, meals, transportation, and personal expenses. These costs may vary depending on your lifestyle and preferences.

Are there any scholarships available to help offset Duke Fuqua MBA Fees?

Yes, Duke Fuqua offers various scholarships to eligible students. These scholarships are awarded based on merit, need, diversity, and other criteria. Prospective students are encouraged to explore scholarship opportunities and apply accordingly.

How can I apply for scholarships to reduce my Duke Fuqua MBA Fees?

To apply for scholarships at Duke Fuqua, you will typically need to submit specific scholarship applications or indicate your interest during the MBA application process. Be sure to review the eligibility criteria and application deadlines for each scholarship opportunity.

Can I work part-time while pursuing the Duke Fuqua MBA program to help cover expenses?

Yes, some students choose to work part-time during their MBA program to supplement their income. Duke Fuqua may offer opportunities for part-time employment, such as internships, research assistantships, or teaching assistantships.

How can I obtain more detailed information about Duke Fuqua MBA Fees and financial aid options?

For more detailed information about Duke Fuqua MBA Fees and financial aid options, including scholarships, grants, loans, and other resources, we recommend contacting the Duke Fuqua Admissions Office or visiting their official website. Additionally, you can reach out to current students or alumni for insights into managing expenses during the MBA program.

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Abhyank Srinet
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Study Abroad Expert

Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


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