University of Virginia Darden School of Business
The Darden School of Business is the graduate business school associated with the University of Virginia in Charlottesville, Virginia. The Darden School offers MBA, Ph.D. and Executive Education programs. The School was founded in 1955 and is named after Colgate Whitehead Darden, Jr., a former Democratic congressman, governor of Virginia, and former president of the University of Virginia. Darden is on the grounds of the University of Virginia in Charlottesville. The School is famous for being one of the most prominent business schools to use the case method as its sole method of teaching. The Dean of the school is former McKinsey & Company executive, Scott C. Beardsley.
History
The Darden School was the first graduate school of business of the Southern United States when it was originally founded in 1955. The original business school was nestled in the central grounds of the University of Virginia, before being moved its current location at the North Grounds. Designed by the Driehaus Prize winner Robert A. M. Stern, the Darden school's buildings feature sand-struck Virginia brick, Chippendale balustrades and red-metal standing seam roofs. In 2018, the Sands Family Grounds was inaugurated by the Darden School, in Arlington County, Virginia, in proximity to Washington D.C.'s central business district. The Sands Family Grounds occupy the top two floor of a 31-story skyscraper emblazoned with the UVA Darden Logo, and provides extensive facilities for students and event guests.Locations
The full-time MBA program is located in Charlottesville, Virginia at the UVA Darden Goodwin Family Grounds, which is roughly two hours from Washington, D.C.In 2017, it was announced that Darden would establish dedicated facilities in Rosslyn, formerly introduced as the UVA Darden Sands Family Grounds in February 2019, as the new home base for the Executive MBA formats and new M.S. in Business Analytics degree launched with the McIntire School of Commerce.
MBA
Designed for students who seek to strengthen their leadership, business and communication skills, Darden's two-year MBA program — ranked #1 in educational experience by Economist — combines core and elective courses in Charlottesville, Virginia with opportunities for every student to study abroad.Admissions
Admission requirements for the MBA include an earned four-year bachelor's degree from an accredited U.S. institution or the international equivalent, completion of application forms and essays, GMAT or GRE score, academic transcripts, two professional recommendations, and the payment of a fee. The MBA Class of 2021 has an average GMAT score of 713 and an average GPA of 3.48, and an average age of 27 years old. Of the 335 students enrolled, 33% are international students, 40% are women and 21% are domestic minority students. The School had an acceptance rate of 36.5% as of 2019.Curriculum
The required curriculum in the First Year is designed to provide students with an integrated perspective on general management. Beginning in the final term of the First Year, the curriculum is made up entirely of electives to allow students to develop more depth in chosen areas of interest. Students may choose two from among the following optional concentrations:In addition to the above academic concentrations, Darden offers a specialization in management science that is which is especially useful for students interested in the tech sector and/or international students who wish to find employment in the United States after graduation by allowing better chances of receiving an H-1B work visa if they qualify for Optional Practical Training extension.
Employment statistics
A total of 97% of MBA graduates from the class of 2019 received full-time offers within three months of graduation, the median starting salary and sign-on bonus upon graduation was $162,000. Among the graduates, 36% entered consulting positions, 24% obtained investment banking and financial services roles, and 15% entered careers in technologies. Top employers include McKinsey & Co., Boston Consulting Group, Amazon, Microsoft, Danaher Corporation, JP Morgan Chase, and Credit Suisse.Study abroad
Students are offered study abroad programs as well as Darden Worldwide Courses which offer international immersion courses which are funded by a $15 million gift from philanthropist and donor, Frank Batten.The following schools participate in Darden's exchange program:
- Peking University, China
- Hitotsubashi University, Japan
- HEC Paris, France
- Bocconi University, Italy
- Hong Kong University of Science and Technology, Hong Kong SAR
- Indian School of Business, India
- IESE Business School, Spain
- Melbourne Business School, Australia
- University of St. Gallen, Switzerland
- Seoul National University, South Korea
- Stockholm School of Economics, Sweden
Executive MBA Formats
Darden Executive Education
The inaugural Executive Education program was offered in 1955. Darden Executive Education offers both short courses and custom solutions, as well as consortia, corporate university design and development, and industry specific partnerships. Short course focus areas include leadership, general management, strategy and decision-making, negotiation, growth and innovation, project management, sales and marketing, financial management and corporate aviation. These programs are ranked in the top five of the Financial Times annual survey.Rankings
Darden is regularly ranked as being among the Top 15 business schools in the U.S. and Top 30 in the world. Its current rankings are as follows:MBA Rankings
- #5 Bloomberg Businessweek 2019
- #12 U.S. News & World Report 2019
- #13 Forbes 2019
- #16 - The Economist 2019
- #16 - The Economist 2019
MBA Specialty Rankings
- #1 Best Professors - The Princeton Review 2019
- *
#2 Best MBA For Consulting - The Princeton Review 2019 - *
#2 Best MBA For Management - The Princeton Review 2019 - *
#4 Best Campus Environment - The Princeton Review 2019 - *
#6 Entrepreneurship - The Princeton Review for Entrepreneur magazine 2019 #1 Education Experience in United States - The Economist 2019#1 Corporate Social Responsibility - Financial Times 2019#1 General Management - Financial Times 2016#2 Learning - Bloomberg Businessweek 2019- #11 Career Services Rank - Financial Times 2019
Executive Education Rankings
- #1 Course Design - Financial Times 2003-2010
- #1 Faculty - Financial Times 2004-2011
#7 Facilities - Financial Times 2019- #20 Open-Enrollment Programs - Financial Times 2019
- #52 Custom Programs - Financial Times 2019
Notable alumni
- Katie Bisbee, Chief Marketing Officer, DonorsChoose.org
- Helen Boudreau, COO, Bill & Melinda Gates Medical Research Institute
- John H. Bryan, CEO and Chairman of Sara Lee from 1976 to 2001
- Veneka Chagwedera, Founder, Nouri Inc.
- Robert Citrone co-founder of Discovery Capital Management
- George David, CEO and Chairman of United Technologies Corporation
- Greg Ergenbright, President, Schindler Elevator Corp.
- John Fowler, Vice President of Investment Banking, Wells Fargo
- Bill Hawkins, former President and CEO, Medtronic Inc.; CEO, Immucor Inc.
- Robert J. Hugin, CEO of Celgene Corporation
- Doug Lebda, Founder/CEO, LendingTree
- Liz Lynch, Senior Managing Director, Evercore
- Ben Mackovak, Co-Founder, Strategic Value Bank Partners
- Marcia Mao, Director of Portfolio Management, Zenity Capital
- Lois McEntyre, Director, General Motors
- Martina Hund-Mejean, Former CFO, Mastercard Worldwide
- Jerry Nemorin, Founder and CEO, Lendstreet
- Lewis F. Payne, Jr., former Virginia congressman
- Jerry Peng, Former CEO and Chair, Tranlin Inc.
- Scott Price,, Chief Strategy and Transformation Officer, UPS
- Steven Reinemund, former CEO and Chairman of PepsiCo.
- Mayra Rocha, President, Project M Media Corp.
- Hugo Rodriguez, Chargé d'Affaires, U.S. Embassy in Paraguay
- Mark Sanford, former Governor of South Carolina
- Mary Buckle Searle, Managing Director, Strategic Thought Partners
- Steven Silbiger, author, The Ten-Day MBA, 4th edition, Harper Collins
- Rhonda Smith, Founder and CEO, Breast Cancer Partner
- Susan Sobbott, Former President of Global Corporate Payments, American Express
- John Strangfeld, Chairman and CEO, Prudential Financial
- Mark B. Templeton, President and CEO, Citrix Systems Inc.
- Lilo Ukrop, Managing Partner, Corrugated Partners LLC
- Kevin Watters, Former CEO, Chase Card Services
- Karen Yelick, CEO, Indego Africa
- Vivian Yu, Director of Urban Mobility, General Motors China
List of Deans