University of Virginia Darden School of Business
{{Short description|Business school of the University of Virginia}}
{{Infobox university
| name = The University of Virginia Darden School of Business
| image = Darden Business School logo.png
| image_size = 310px
| caption =
| parent = University of Virginia
| former_name = Graduate School of Business Administration (1955–1974)
| established = 1955
| endowment = $808 million{{cite web |title=UVA Darden Fall Pillars 2022 by Darden School of Business |url=https://issuu.com/dardenreport/docs/pillars_28_fall2022_online |via=Issuu |access-date=2 June 2023 |archive-url=https://web.archive.org/web/20230306215104/https://issuu.com/dardenreport/docs/pillars_28_fall2022_online |archive-date=Mar 6, 2023 |language=en |date=13 October 2022 |url-status=live}}
| type = Public graduate business school
| dean = Scott C. Beardsley
| city = Charlottesville
| state = Virginia
| country = US
| coor = {{coord|38.052096|-78.513901|type:edu|display=inline,title}}
| website = {{url|https://www.darden.virginia.edu/}}
}}
The Colgate Darden Graduate School of Business Administration (branded as the Darden School of Business) is the graduate business school of the University of Virginia, a public research university in Charlottesville, Virginia. The school offers MBA, PhD, and Executive Education programs.
The school was founded in 1955 through the efforts of Colgate Whitehead Darden Jr., the president of the University of Virginia from 1947 to 1959 and a former Democratic congressman and governor of Virginia from 1942 to 1946. It is located on the grounds of the University of Virginia. Its faculty use the case method as their method of teaching courses.{{cite web |title=What is the Case Method? |url=https://www.darden.virginia.edu/mba/academics/case-method/what-is-case-method/ |website=www.darden.virginia.edu}}{{cite web |last=Friedman |first=Megan |date=21 July 2014 |title=And the Happiest City in America Is... |url=https://www.goodhousekeeping.com/health/wellness/happiest-cities-in-america |website=Good Housekeeping}}
History
File:Darden School main UVa.jpg
The Darden School was established on September 15, 1955, when it held its first classes. The school was a years–long effort by UVA President Colgate Darden. Initially, the school was known as the Graduate School of Business Administration and was located on the central grounds of UVA.{{cite web |title=About Darden |url=https://www.darden.virginia.edu/about |website=darden.virginia.edu |publisher=Darden School of Business |access-date=7 April 2025}}{{cite news |title=2 Named at U. of Virginia for New School of Business |work=Washington Evening Star |date=December 2, 1954 |page=35}} On July 1, 1974, the school was renamed the Colgate Darden Graduate School of Business Administration and was moved to its current location at Saunders Hall in North Grounds in 1975.{{cite news |title=Darden Honored By U.Va. |work=Richmond Times-Dispatch |date=May 30, 1974 |page=31}}{{cite journal |last1=Dewald |first1=Matthew |title=North of Eden |journal=UVA Magazine |date=Summer 2017 |url=https://uvamagazine.org/articles/north_of_eden |access-date=7 April 2025}} 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.{{cite web |last1=Hodgkins |first1=Jay |title=See UVA Darden’s New Washington DC Area Facility |url=https://news.darden.virginia.edu/2018/03/08/darden-opens-washington-dc-facility/ |website=news.darden.virginia.edu |access-date=7 April 2025}} The Sands Family Grounds occupy the top two floors of a 31-story skyscraper..
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.
{{maplink|frame=yes|type=point|zoom=11|text=Darden Charlottesville location}}
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,{{Cite web|url=https://news.darden.virginia.edu/2019/02/23/sands-family-grounds-ribbon-cutting/|title=UVA, Darden, Dignitaries Celebrate Sands Family at DC Area Grounds Dedication|website=Darden Report Online|date=23 February 2019|language=en-US|access-date=2020-01-02}} 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.{{Cite web|url=https://www.bizjournals.com/washington/news/2018/02/08/darden-schools-new-rosslyn-space-to-host-new.html|title=Darden School's new Rosslyn space to host new UVa. master's program|website=www.bizjournals.com|access-date=2020-01-02}}
MBA
Designed for students who seek to strengthen their leadership, business and communication skills, Darden's two-year MBA program 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 2023 has an average GMAT score of 716 and an average GPA of 3.51, and an average age of 27 years old. Of the 352 students enrolled, 41% are international students, 37% are women and 14% are domestic minority students. The School had an acceptance rate of 26% as of 2019.{{Cite web|url=https://poetsandquants.com/2019/12/14/meet-virginia-dardens-mba-class-of-2021/|title=Meet Virginia Darden's MBA Class Of 2021 {{!}} Page 2 of 15|last=Schmitt|first=Jeff|date=2019-12-14|website=Poets&Quants|language=en-US|access-date=2020-01-02}}
=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.[https://pilotonline.com/news/local/education/higher-education/article_5f81d8ac-26de-11e8-8ec7-13f65b62746f.html The Batten Foundation gives UVA business students $15 million for world travel, 2018]
Executive MBA formats
Designed with a hybrid structure of online learning with in-person residences at the new UVA Darden Sands Family Grounds in the Washington, D.C., area, two formats of the MBA are offered which provide the same degree as the MBA. The EMBA (Executive MBA) is designed for working professionals and the GEMBA (Global Executive MBA) is an option that provides additional global residences compared to the EMBA. Both formats have the same core curriculum over a period of twenty-one months with all students entering in the same cohort each academic year. Global residencies include Brazil, Chile, China, Germany, Japan, Ghana, Israel, India, Estonia and Cuba with changes in locations possible each year.{{Cite web|url=https://www.darden.virginia.edu/executive-mba-formats/admissions/faq|title=EMBA - Admissions FAQ|website=UVA Darden School of Business|language=en|access-date=2020-01-02}}
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.
Rankings
{{Infobox business school rankings
| BWu = NR
| USNWRu = 6
| BWg = 3
| Forbes = 13
| USNWRg = 10
| Vault = 12
| AE = NR
| BI = 11
| CNNExpansion = 18
| Economist = 14
| FT = 16
}}
Darden's current rankings are as follows:
=MBA rankings=
- #3 Bloomberg Businessweek 2023{{Cite news |title=These Are the US's Best Business Schools |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/business-schools/regions/us/ |access-date=2023-05-24}}
- #10 U.S. News & World Report 2024{{Cite web |title=2023-2024 Best Business Schools |url=https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings |access-date=August 8, 2023 |website=US News}}
- #13 Forbes 2019{{Cite web|url=https://www.forbes.com/business-schools/|title=The Best Business Schools 2019|website=Forbes|language=en|access-date=2020-01-02}}
- #16 (North America) - The Economist 2019
- #16 (Global) - The Economist 2019https://www.economist.com/whichmba/university-virginia-darden-school-business/2019 [http://www.economist.com/whichmba/full-time-mba-ranking], "Full time MBA ranking", ‘’The Economist’’, 2019
=MBA Specialty rankings=
- #1 Best Professors - The Princeton Review 2019{{Cite web |date=2019-11-19 |title=The Princeton Review Ranks UVA Darden No. 1 MBA for Best Professors for Third Straight Year |url=https://news.darden.virginia.edu/2019/11/19/princeton-review-best-professors-third-straight-year/ |access-date=2023-05-24 |website=Darden Report Online |language=en-US}}
#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{{Cite web |title=Top 50 Entrepreneurship: Grad {{!}} The Princeton Review |url=https://www.princetonreview.com/business-school-rankings?rankings=top-50-entrepreneurship-grad |access-date=2023-04-06 |website=www.princetonreview.com |language=en}}#1 Education Experience in United States - The Economist 2019#1 Corporate Social Responsibility - Financial Times 2019https://www.ft.com/content/319d081e-14f7-11e9-a168-d45595ad076d [http://im.ft-static.com/content/images/bd42b4ac-bf75-11e5-9fdb-87b8d15baec2.pdf], "FT Global MBA ranking 2019", Financial Times, January 2019#1 General Management - Financial Times 2016#2 Learning - Bloomberg Businessweek 2019"[https://web.archive.org/web/20101113235649/http://www.businessweek.com/bschools/special_reports/20101111best_business_schools.htm], Best Business Schools [https://www.bloomberg.com/business-schools/regions/us/ 2019]", Bloomberg Businessweek 2019- #11 Career Services Rank - Financial Times 2019
=Executive Education rankings=
- #1 Course Design (Global) - Financial Times 2016{{Cite web |last=Hendrick |first=Dave |date=2017-05-15 |title=Financial Times Ranks Darden Executive Education No. 1 in the World for Faculty, Facilities and Course Design |url=https://news.darden.virginia.edu/2017/05/15/financial-times-executive-education-ranking/ |access-date=2024-02-22 |website=Darden Report Online |language=en-US}}-2018{{Cite web |last=Hodgkins |first=Jay |date=2018-05-15 |title=Darden Executive Education Ranked No. 1 in the World for Faculty, Facilities, Course Design |url=https://news.darden.virginia.edu/2018/05/15/executive-education-financial-times-ranking/ |access-date=2024-02-22 |website=Darden Report Online |language=en-US}}
- #1 Faculty (Global) - Financial Times 2004-2011[https://web.archive.org/web/20140830191910/http://rankings.ft.com/exportranking/executive-education-open-2011/pdf Executive Education - Open - 2011], Financial Times, 2011
#7 Facilities (Global) - Financial Times 2019{{Cite web|url=http://rankings.ft.com/businessschoolrankings/executive-education-open-2019|title=Business school rankings from the Financial Times - FT.com|website=rankings.ft.com|access-date=2020-01-02}}- #20 Open-Enrollment Programs (Global) - Financial Times 2019
- #52 Custom Programs (Global) - Financial Times 2019
Notable alumni
{{alumni|date=August 2023}}
Darden's list of alumni includes:
- Leslie M. Baker Jr. (MBA '69), former CEO of Wachovia
- John H. Bryan (MBA '60), CEO and chairman of Sara Lee from 1976 to 2001
- Eric Chewning (MBA '08), partner at McKinsey & Company; former chief of staff to the Secretary of Defense
- Robert Citrone (MBA '90) co-founder of Discovery Capital Management
- Guillaume M. Cuvelier (MBA '91), founder of Svedka vodka
- George David (MBA '67), CEO and chairman of United Technologies Corporation
- Helen Dragas, businesswoman; first woman to be rector for the University of Virginia Board of Visitors
- Jay Faison (MBA '95), founder of ClearPath Foundation
- Bill Hawkins (MBA '82), former President and CEO, Medtronic Inc.; CEO, Immucor Inc.
- Robert J. Hugin (MBA '85), CEO of Celgene Corporation
- Hal Lawton (MBA ‘00), President & CEO, Tractor Supply
- Doug Lebda (MBA '14), founder & CEO of LendingTree
- Carolyn Miles (MBA '88), former CEO of Save The Children
- Thomas Neir (MBA '88), businessman; founder of Pacific Coffee Company
- Michael E. O'Neill (MBA '74), former chairman of Citigroup
- Chris Patrick (MBA '06), general manager of the Washington Capitals
- Lewis F. Payne, Jr. (MBA '73), former Virginia congressman
- J. Michael Pearson (MBA '84), former CEO of Valeant Pharmaceuticals International
- Steven Reinemund (MBA '78), former CEO and Chairman of PepsiCo
- Hugo F. Rodriguez (MBA '00), United States Ambassador to Nicaragua
- Mark Sanford (MBA '88), former Governor of South Carolina
- Thomas A. Saunders III (MBA '67), former Morgan Stanley partner and Wall Street innovator
- Goli Sheikholeslami (MBA '94), CEO of POLITICO
- Marc Short (MBA '04), former chief of staff to Vice President Mike Pence
- John Strangfeld (MBA '77), Chairman and CEO, Prudential Financial
- Mark B. Templeton (MBA '78), President and CEO, Citrix Systems Inc.
- Henri Termeer (MBA '73), former CEO of Genzyme
- Steven C. Voorhees (MBA '80), former CEO of WestRock
- Roger L. Werner (MBA '77), former CEO of ESPN
List of deans
See also
References
{{reflist}}
{{University of Virginia}}
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{{DEFAULTSORT:Darden Graduate School Of Business Administration}}
Category:Business schools in Virginia
Category:University of Virginia schools
Category:Universities and colleges established in 1954
Category:1954 establishments in Virginia
Category:Life sciences industry