Duke MMS - Review in 2021, The Duke Fuqua Junior Development Program
Background: Undergrad Non-Target Non-Business Major, 3.8 GPA, 760 GMAT
I wanted to write a review of the Duke MMS program since I noticed the last post on this subject was in 2017 which was 4 years ago. I am about to be graduating in the Class of 2021. I currently have an offer fromin Consulting. Coming from a non-business undergrad program and wanting to get into consulting are what made me choose this program. I only applied to MM/MMS programs in the US because I was really set on consulting rather than finance. In the US this really boils down to either Michigan Ross's MM or Duke Fuqua's MMS. I have no regrets about choosing Duke and overall, considering what it has to offer to people who want to transition into business from a non-business undergrad, I do think it's worth it (especially if you receive a big scholarship).
-Duke Fuqua MBA 1 Year Option (Accelerated MBA):
I believe this is a big selling point for this program. If you're a fan of Formula 1, I would think of the Fuqua MMS as similar to a junior driver development program. For example, with the Red Bull F1 team they have a Red Bull Junior Team where talent is trained and drivers are chosen to be promoted to their main teams. This is sort of like how the MMS program is to the MBA program. In my class, students were invited to join the 1 Year Accelerated MBA after the MMS program to continue their education. The accelerated 1 year MBA is only open to MMS and MM/MiM graduates and was created to allow Duke MMS graduates as well as EU MM graduates to receive a Duke MBA later down the road. If you do well in the MMS, you may straight out be invited to take the accelerated 1 year Duke MBA immediately. I know of some from my class who accepted the offer, and some like me who decided to gain work experience before returning for my MBA. This essentially converts your MMS into the 1st year of a Duke MBA.
If you decide to gain work experience instead, which is what I'm choosing to do before enrolling in an MBA, then when you do apply later you will be treated with preference in admissions. You were already accepted by a Fuqua admissions committee before. You are an alumnus after all, and the accelerated MBA was created with the MMS program being a feeder program in mind. Now of course you still have to do well in the MMS program to prove that you are worthy (keep your GPA at or above the average of the MBA program).
The tuition cost of the MMS is 55k and the Accelerated MBA is 86k with a total cost of 141k. This comes out to be about the same as the 2 year Duke Fuqua MBA tuition which is 140k.
-Duke Fuqua Network: Team Fuqua is really something special. People from the school care about each other and you can really feel the team Fuqua spirit. MBA students in the non-professional clubs are welcoming and it's easy to network with them and alumni.
-Faculty: Same faculty who teach MBA students (they alternate between programs based on quarters).
-Career Services: They try to do everything in their power to try to get you a job. Mostly making use of Duke Fuqua alumni already at companies you're applying to, to write you a recommendation. Honestly with the hiring freezes and the COVID situation, I'm happy where I placed. I'm sure that if I hadn't taken this program it would be a lot harder for a non-business undergrad like me to break into consulting.
-Speed of the Program: 10 months, 15 courses; ~6 week quarters (you'll be busy with EC on top of the pacing)
-Time and Cost: This program was worth it for me because I came from a non-business major and it was difficult to place in consulting without this program. If you already have a US business undergrad you might be better off going to get experience in business and then applying to an MBA program. Granted, I know 2 friends from high school who went to Cornell Johnson's hotel school and Carnegie Mellon Tepper for undergrad and they're both struggling to find a job even now.
-Not taking the 1 year MBA option: This is where a lot of value can be gained from this program. Again, think of this as the 1st year of a Duke MBA.
In my opinion with the 1 year MBA option, this program is worth it. Placements won't be the same as a Duke MBA straight out of the MMS, but do 3 years in consulting or finance and come back for the 1 year Duke MBA then reap the real rewards.