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The Consortium for Graduate Study Announces Addition of Duke Fuqua School of Business as New Member School

Photo Credit: Duke University’s Fuqua School of Business

Janice Wells-White, Ed.D.

wells-whitej@cgsm.org

FOR IMMEDIATE RELEASE

THE CONSORTIUM FOR GRADUATE STUDY ANNOUNCES ADDITION OF DUKE FUQUA SCHOOL OF BUSINESS AS NEW MEMBER SCHOOL

Chesterfield, Mo. (April 16, 2024) — The Consortium for Graduate Study in Management, a national nonprofit organization focused on diversity, equity and inclusion in graduate business education and American business, is proud to announce the addition of the 24th university to its membership ranks: The Fuqua School of Business at Duke University. The Consortium’s Board of Trustees approved the school’s membership on April 4, 2024, which will be effective beginning July 1, 2024.

The Consortium works with top-ranked MBA programs around the country to increase the number of underrepresented minorities in business education and corporate leadership, and the organization welcomes the opportunity to build upon Fuqua’s commitment to diversity and inclusion to further advance this mission.

Executive Director & CEO, Peter Aranda stated, “For many years, Fuqua and The Consortium have shared a deep commitment to diversity, equity and inclusion. Today, we are thrilled to announce that our two institutions will partner to enhance our collective efforts and results on this front. Our consortium of outstanding business schools is delighted to welcome The Fuqua School of Business at Duke University as our 24th member. We look forward to working in collaboration with Dean Bill Boulding and his team as we continue to advance and accelerate the critical missions of Fuqua and The Consortium.”

Founded in 1969, Fuqua is committed to not just teaching sound business practices, but to using its platform as a force multiplier to better the world. Fuqua has a long history of working to make business education accessible—including more than 40 years of conducting The Duke MBA Workshop in which 65 alumni per year come back to campus to share their experience and mentor potential MBA candidates, many from traditionally underrepresented groups in business. Through its membership in The Consortium, Fuqua is continuing to demonstrate its commitment to ensuring both an equitable business landscape and a better world. The school will begin recruiting its first Consortium class in August of 2024.

“A commitment to all forms of diversity is in our DNA at Fuqua, so a partnership with The Consortium aligns with our values,” said Bill Boulding, dean of Duke University’s Fuqua School of Business. “Fuqua’s curriculum is built to develop leaders who can harness the strengths of diverse perspectives to truly innovate in working toward a common goal—and the diversity of our students’ backgrounds is key to making sure they learn from each other, in addition to our world-class faculty.”

About The Consortium 

The mission of The Consortium is to enhance diversity in business education and leadership by helping to reduce the serious underrepresentation of African Americans, Hispanic Americans and Native Americans in both our member schools’ enrollment and the ranks of management.

We will achieve this mission by recruiting for graduate business education qualified U.S. citizens and U.S. permanent residents who can demonstrate a commitment to The Consortium’s mission and can best assist The Consortium in pursuing this mission. 

Since its inception in 1966, The Consortium for Graduate Study in Management has secured more than $663 million to advance its mission of promoting diversity and inclusion in American business. During Peter Aranda’s tenure, the organization has seen marked growth. With the addition of Duke, the number of member schools has increased from 12 to 24. Revenue has quadrupled, up from $14 million to $59 million annually. The organization’s incoming classes have also tripled in size, from 200 to more than 600 students a year. There is strong support from the corporate community, with many sponsoring companies representing numerous industries supporting the organization’s mission. 

The Consortium’s member schools include University of California, Berkeley; University of California, Los Angeles; Carnegie Mellon University; Columbia University; Cornell University; Dartmouth College; Emory  University; Georgetown University; Indiana University–Bloomington; University of Michigan–Ann Arbor; New York University; University of North Carolina at Chapel Hill; Northwestern University; Rice University; University of Rochester; University of Southern California; Stanford University; The University of Texas at Austin; University of Virginia; University of Washington; Washington University in St. Louis; University of Wisconsin–Madison; and Yale University. 

For additional information regarding The Consortium for Graduate Study in Management, visit cgsm.org or call (636) 681-5553. 

About Duke University’s Fuqua School of Business

Duke University’s Fuqua School of Business attracts and nurtures a new kind of business leader who has the power to bring out strengths in others and move teams forward toward a common purpose. Our community is made up of students and faculty from around the world who thrive in an environment with differing viewpoints. We bring them together to inform a leadership style that inspires entire organizations to do better while doing what’s best. With everything from full-time programs to those for working professionals, Fuqua gives students a safe place to push their limits and try new things in the format that works best for them. Ultimately, we measure the success of our graduates by their impact on workplaces and the world around them, by their relationships and reputations.

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