Duke Corporate Education is a global provider of custom corporate education that helps clients address real-world, real-time business challenges.
Quick Facts
| Founded |
Incorporated July 1, 2000 as a carve-out of the custom executive education practice of Duke University’s Fuqua School of Business. |
| Key Affiliations |
USA: Duke University
UK: London School of Economics and Political Science (LSE)
India: Indian Institute of Management Ahmedabad (IIMA) |
| Governance |
We are a not-for-profit corporation held by Duke University. Our board is comprised of our CEO, Kim Taylor-Thompson, Advisor to the CEO Judy Rosenblum, former CEO Blair Sheppard; Peter Lange, the provost of Duke University; John Payne, deputy dean of the Fuqua School of Business; and Tallman Trask, Duke University’s executive vice president. |
| Employees |
Currently 140 spread among our offices in Durham, North Carolina; Johannesburg, South Africa; London, England; New York, New York; San Diego, California; and Ahmedabad, India. |
| Faculty |
Our Global Learning Resource Network (GLRN) draws on a pool of over 3,000 educators from 25 different countries. More than 750 educators have taught in our programs to date. |
| Sample Clients |
BAE Systems
Boeing
Bosch
Ericsson
Genpact
Honeywell
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HSBC
IBM
Ingersoll Rand
Lehman Brothers
Merck
Microsoft
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Petroleum Geo-Services
PricewaterhouseCoopers
Rio Tinto
Shell
Standard Bank
Total |
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| Revenues |
We are a growing company, +14% compared to last year, with revenues in excess of $56 Million for our fiscal year ending June 2007. |
| Program Delivery |
We have delivered programs at numerous sites in 55 different countries across six continents. They may be small or very large in scale, in many iterations, in several languages, covering a few to thousands of participants, with complex logistical requirements. Our educator network and our affiliations with universities provide our clients with both a local deliverable and global consistency on a scale and reach unmatched by any other executive education provider. |
| Mission & Focus |
We empower our clients to implement their strategy through development of their people. Put another way, we develop individuals within the context of building the organization’s capabilities; we focus education on what a company’s people need to know, do, and believe in order to address real-world challenges and attain specific business objectives. |
| Public Recognition |
Duke Corporate Education was ranked #1 by the Financial Times (May 14, 2007) in custom executive education for the fifth year in a row; and #1 by BusinessWeek (Nov 12, 2007) in their biennial survey for the third time in a row. |
What's "custom" mean?
Business education can be divided into degree granting (e.g., MBA) and non-degree programs. Duke CE does non-degree. Non-degree business education comes in two forms—custom and open-enrollment. Duke CE does custom. That is, our programs are designed, developed and delivered specifically for the needs of one company; all its participants are from that company.
With open enrollment programs, on the other hand, a predefined course is offered at a certain date and one or more people from a company attend along with people from many other companies. Our partner institutions, the Fuqua School of Business, the London School of Economics, and the Indian Institute of Management Ahmedabad, offer degree programs as well as open-enrollment programs.
How much does a custom program cost?
Design and development costs for Duke CE custom programs cover a wide range, but most have been US$50,000 to US$200,000. Delivery prices tend to range between US$400 to US$2,000 per person per day, not including accommodations.
Once developed for a client, a custom program is typically run several or even dozens of times to cover a total of at least 60 to 90 participants—or more typically, several hundred participants, and in many cases thousands of participants. Thus it is rare for design and delivery of a single custom program to cost less than US$250,000, and depending on its scope and scale the total cost could amount to several million dollars.
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