Fuqua Adds Master of Quantitative Management

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Duke’s Fuqua School of Business is joining the growing ranks of top B-schools offering master’s degrees in data and analytics. The school will debut a 10-month Master of Quantitative Management program beginning in July 2017.

Targeted at college grads who don’t necessarily have any work experience, the new degree is designed for those with strong quantitative skills. The school anticipates that most applicants will have STEM backgrounds.

The creation of the Master of Quantitative Management, or MQM, was motivated by the increasing importance of data science across all industries.

Fuqua Dean Bill Boulding commented: “We are hearing first-hand from employers who are looking for people who can sort through data quickly and identify and communicate key insights. Employers are telling us the skill set is in short supply.”

Many top B-schools have been adding specialized data and analytics master’s degrees in recent years. Wharton is even re-orienting its MBA  to take into account how management is shifting in the twenty-first century.

At Fuqua, students will choose a concentration within the MQM degree. The four options are business analytics, finance, marketing and forensics.

Within each concentration, students will take both general data science courses as well as courses specific to the concentration. All students will also take core courses stressing communication and critical thinking as well as electives.

Those who want a more research-heavy experience can choose to extend their studies for a semester to complete a research certificate. Fuqua anticipates that students who are interested in applying to PhD programs will take advantage of this option.

In creating the new program, which was recently approved by Duke’s Board of Trustees, the school is responding to rising and widespread demand for data and analytics experience. Many companies are looking to bring on more people in these areas to keep pace with recent innovations.

According to David Taylor, CEO of P&G and member of Fuqua’s Board of Visitors, “These are the kind of candidates that P&G and many other Fortune 100 companies seek out. The candidates’ skill set applies to a wide range of functions and enables them to contribute at all levels within an organization.”

The details of MQM’s admissions process and application are due to be released in August, but Fuqua has already announced four rounds of admissions for the program, with deadlines in September, November, February and April.

To learn more about the program and to keep up to date as more information is added, visit Fuqua’s MQM website.

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