By Dean Bill Boulding
We continue to grow Fuqua’s international presence with a specific principle in mind. We believe our community must be infused with a diversity of people and experiences in order to continue developing the new kind of business leader that the world needs.
Over the last decade, we’ve embedded programs and staff in East Asia, Europe, India, the Middle East and Russia/CIS, and most recently have formally expanded our global footprint to include Latin America. We’re very pleased with the initial results and enthused about the prospects going forward.
Why Look Outside Durham, North Carolina?
Our community is made of students, alumni, faculty and staff from around the world who thrive in environments with differing cultures and viewpoints. Growing this diversity and cultivating the learning opportunities that come as a result is one of the foundations our school is built upon.
By engaging our education, research and network in various regions of the globe, we are able to:
- examine more diverse problems and opportunities
- explore the interdependencies between different economies and industries
- form hypotheses and ideas about how best to address world issues
- prepare practitioners to be change agents and informed leaders who can make a difference in the lives of others
Current Engagements in Latin America
Following a practice that has been successful in other regions, our engagement involves a diverse set of activities. We have formed an advisory board to help keep us connected with key issues and introduce us to the individuals and organizations that matter. Our presence is helping build our reputation in the region while creating educational opportunities for our students and job opportunities for our graduates.
For the past several years through the Fuqua Client Consulting Practicum, Daytime MBA students have been meaningfully engaged with for-profit and non-profit organizations in Brazil and Peru. Global Academic Travel Experience (GATE) programs to Brazil and Argentina have helped our MBA students better understand these important countries’ cultures, histories, and economic systems. Our Regional and Admissions teams have increased recruitment activities across Central and South America, with the goal of bringing talented and diversified Latin American students into the Fuqua community.
In January 2015 our Cross Continent MBA students completed a residency in Chile. In January 2016 another class of Cross Continent students will return to Chile and join Global Executive MBA students who will study there and in Panama.
In September, I personally had the pleasure to meet with a number of journalists in Brazil at media outlets including Roda Viva, Valor Economico, Epoca Negocios and Folha de Sao Paulo. Additionally I spoke with about 60 presidents and CEOs in Sao Paulo. A large part of these conversations centered on the current challenges leaders face and how business can regain public trust during times of turmoil. I was able to share our school’s insights and learn quite a bit from them at the same time.
Engagements like these will continue to be a part of our regional strategy, and we will also incorporate other initiatives. For example, we plan to organize groups of alumni leaders country by country across Latin America so that our school can engage in ways that honor and take advantage of the unique aspects of business and culture in each location. You can stay updated on these activities by connecting with our regional team and following their Twitter account @DukeInLATAM.
We operate in a world with many regulatory regimes, many treasuries, many trade theories, and many cultures—so we must understand different regions in a manner that enables us to truly become part of them. By including Latin America in the school’s footprint, we create a broader and more diverse foundation on which to continue building our knowledge and preparing the leaders that the world needs.