University of Virginia Darden School of Business

University of Virginia Darden School of Business
The University of Virginia Darden School of Business
University of Virginia Darden School of Business.jpg
Established 1954
Type Public
Dean Robert F. Bruner
Location Charlottesville, Virginia, USA
38°03′08″N 78°30′50″W / 38.052096°N 78.513901°W / 38.052096; -78.513901Coordinates: 38°03′08″N 78°30′50″W / 38.052096°N 78.513901°W / 38.052096; -78.513901
Website http://www.darden.virginia.edu/

The University of Virginia Darden School of Business is the graduate business school associated with the University of Virginia in Charlottesville, Virginia. The Darden School is one of the world's leading business schools, offering MBA, Ph.D. and Executive Education programs. The unique Darden experience combines the case study method, the highest-ranked faculty whose research advances global managerial practice and business education, and a tight-knit learning environment to develop principled and complete leaders who are ready to make an impact. The School was founded in 1954 and is named after Colgate Whitehead Darden, Jr., a former Democratic congressman, governor of Virginia, and president of the University of Virginia.

Contents

Darden MBA Programs

Darden is unique because of the combination of three key elements:

  • Case Study Method – Rather than lecture, Darden professors engage students in active, content-rich discussions in class about real business problems and solutions.
  • World’s Best MBA Teaching Faculty – Ranked #1 by The Princeton Review and Financial Times, Darden professors put students first and advance innovative thinking in business.
  • Tight-knit Community – Students, faculty, staff and alumni join in an atmosphere of collaboration and community not often found in top business schools.

These elements create an environment that develops Darden students into principled and complete leaders who are ready for anything after graduation.

MBA

Designed for students who seek to strengthen their leadership, business and communication skills, Darden’s two-year MBA program — ranked #1 in student satisfaction by Bloomberg Businessweek[1] — combines core and elective courses in Charlottesville, Virginia with opportunities to study abroad. The program is known for its case study method, top-ranked faculty, commitment to ethics, outstanding entrepreneurship opportunities and focus on sustainability.

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:

  • Asset Management/Sales & Trading
  • Consumer Marketing
  • Corporate Finance/Investment Banking
  • Business to Business Marketing
  • Entrepreneurship
  • Market Analytics
  • Corporate Innovation
  • Supply Chain Management
  • Business Development and Growth
  • Sustainability

Global Opportunities

Darden offers Global Business Experiences (GBEs) electives — one- to two-week courses that enable students to explore international business issues firsthand in a country other than their own — in ten countries. In the Second Year, students can also spend time abroad in one of 18 exchange programs around the world.

Career Development

Darden is one of the few top MBA programs to integrate career strategy and planning into its curriculum. All students are also assigned both a functionally-aligned career consultant and a Second Year student career coach whom they meet with regularly throughout the recruiting process. As alumni, Darden provides lifelong quality career assistance, free of charge.

MBA for Executives

Taught by Darden’s top-ranked faculty, the MBA for Executives program allows experienced professionals to earn the same degree as the Full-Time MBA students, without interrupting their careers. Each MBA for Executives class is composed of experienced managers from a broad spectrum of industries and functions. The 21-month program combines:

  1. Once-a-month, on-Grounds residencies. Students will typically come to Darden once a month for sessions that take place Thursday through Saturday. Action-oriented classes include case discussions, simulations and individual and group presentations.
  2. Leadership residencies. Throughout the course of 21 months, students will participate in four one-week leadership residencies. These intensive, experiential residencies provide new perspectives on management challenges. One of the four leadership residencies takes place in a global business center outside of the United States (most recently this has been China).
  3. Distance learning. To maintain the intense pace of interaction and to stay in touch with the Darden community between residencies, students will use distance learning technology to interact with professors, hold virtual team meetings, work on team deliverables and submit exams. All online sessions are recorded.

Global MBA for Executives

Similar to the MBA for Executives program, the Global MBA for Executives program is designed for experienced managers who seek to advance their careers by earning an MBA while working full time. The program focuses on preparing students to thrive in globally distributed firms, across markets, across cultures and in emerging regions. The 21-month program combines:

  1. U.S. residencies: During the two two-week residencies in the U.S., students will divide their time between Darden and Washington, D.C. In the nation’s capital, students will visit political and financial organizations and cultural sites.
  2. Residencies in China, India, Brazil and Europe: The four two-week international residencies are spread evenly across the 21-month program. Each time students meet in person, they will attend classes, engage with local Darden alumni, visit influential firms, gain cultural knowledge and contacts, and learn to work across international borders.
  3. Distance learning: To maintain the intense pace of interaction and to stay in touch with the Darden community between residencies, students will use distance learning technology to interact with professors, hold virtual team meetings, work on team deliverables and submit exams. All online sessions are recorded.

Darden Executive Education

Darden Executive Education serves as a critical resource for businesses around the world, conveying the relevant concepts and thinking necessary to formulate excellence in leadership and management. The inaugural Executive Education program was offered in 1955. Darden Executive Education offers both open-enrollment and custom programs, as well as consortia, corporate university design and development, and industry specific partnerships. Open-enrollment program focus areas include strategy, leadership and change, finance, sales and marketing, and general and advanced management. Year-after-year these programs are ranked in the top five of the Financial Times annual survey[2].

Darden Ph.D. Program

Darden’s doctoral program allows students to obtain a Ph.D. degree in management, specializing in either ethics, entrepreneurship, or leadership and organizational behavior. The program prepares individuals for careers in research and teaching at major universities and corporations.

Rankings

School rankings (overall)
U.S. undergraduate business
Bloomberg BusinessWeek[3] 2
U.S. News & World Report[4] 5
U.S. MBA
Bloomberg BusinessWeek[5] 11
Forbes[6] 9
U.S. News & World Report[7] 13
Worldwide MBA
América Economía[8] 26
Economist[9] 4
Financial Times[10] 41

Darden is regularly ranked as being among the Top 15 business schools in the U.S. and Top 25 in the world. Its current rankings (updated September 2008) are as follows:

  • US News and World Report ranked number 13 in 2010 rankings.[11] (14 in 2009, 12 in 2008, 13 in 2007, 14 in 2006)
  • Forbes ranked number 9 in 2011,[12] the fifth year in a row the Darden School has placed in the Forbes Top 10.[13]
  • Business Week ranked number 11 in 2010.[14] (16 in 2008, 15 in 2006,[15] 12 in 2004[16])
  • Wall Street Journal ranked number 10 in 2007;[17] 4th among most improved Business Schools and 5th in General Management.[18]
  • The 2010 QS Global 200 Business Schools Report[19] indexed the Darden School of Business as 18th in the US and 21st best business school in North America.
  • Financial Times ranked number 41 globally (19th in the U.S.) in 2011[20](in 2010, ranked number 1 globally under "General Management" and number 5 globally under "Corporate Social Responsibility"[21]).
  • The Economist ranked number 4th globally (3rd in the U.S.) in 2011[22]
  • Economist Intelligence Unit ranked number 12 in USA in 2008.[23]

Research Centers

Our Research Centers extend Darden's influence in critical areas advancing both thought leadership and the application of new ideas.

The Alliance for Research on Corporate Sustainability (ARCS) advances rigorous academic research on corporate sustainability issues by providing data, tools and networking opportunities to scholars. ARCS held its second annual research conference at Harvard Business School in May 2010. ARCS also co-sponsors with the University of Ontario’s Richard Ivey School of Business an annual PhD Sustainability Academy, which immerses young scholars in a multidisciplinary dialogue with leading sustainability faculty. In 2010, ARCS conducted a National Science Foundation-sponsored workshop on Data Needs for Accelerating Progress on Corporate Sustainability. Founded in 2009, ARCS is housed at the Darden School of Business. The Faculty Director is Darden Professor Michael Lenox and the Managing Director is Darden’s Manager of Sustainability Programs Erika Herz.

The Batten Institute at the Darden School of Business creates value and transforms society through entrepreneurship and innovation. The Institute’s academic research center advances knowledge that addresses real-world challenges and shapes Darden’s curriculum, and the Center for Entrepreneurial Leadership offers one of the world’s top entrepreneurship programs. The Batten Institute was established with gifts now totaling over $100 million from UVA alumnus Frank Batten, Sr., a media pioneer, visionary, and founder of The Weather Channel.

The Behavioral Research at Darden (BRAD) Lab is an interdisciplinary laboratory supporting behavioral research at Darden. Researchers affiliated with BRAD study organizational behavior, marketing, business ethics, judgment and decision-making, behavioral operations and entrepreneurship.

Business Roundtable Institute for Corporate Ethics, housed at the Darden School, is an association of chief executive officers. Its mission is to enhance ethical behavior of business leaders in the conduct of day-to-day business decision making.

The Center for Global Initiatives (CGI) gets students and executives ready for global opportunities by developing and implementing educational programs and research projects to enhance understanding of international issues. CGI also aims to increase global awareness of Darden and of the University of Virginia by promoting interaction between Darden and the rest of the world and currently has partnership agreements with over 20 international business schools in more than 15 countries. Overseas faculty and business leaders are brought to the university and the state to share their experiences, knowledge and perspectives, and in any given week Darden may have a distinguished global speaker, an international food festival, faculty members consulting abroad or the dean hosting a guest from outside the United States.

UVA Darden–Curry Partnership for Leaders in Education merges best practices from business and education administration to provide senior leadership of school organizations and their business and community partners with a new leadership perspective.

The Olsson Center for Applied Ethics, one of the world’s leading sources of thinking about ethics and business, conducts research, publishes books and other resource materials and sponsors the Ruffin Lecture Series.

The Society for Effectual Action (SEA) is a group of academic researchers, instructors, and entrepreneurs gathered for a single purpose: to fundamentally change the way entrepreneurship is taught and learned around the world. Co-founded by Professor Saras Sarasvathy and Darden alumni Chip Ransler and Ian Ayers, with support from the Batten Institute, SEA enables researchers and instructors to disseminate and discuss contributed papers, articles, teaching materials and techniques. Serving as a central hub for effectuation research, SEA invites the community to extend the principles presented in Sarasvathy’s book, Effectuation: Elements of Entrepreneurial Expertise (2008), to new areas and practical applications.

The Tayloe Murphy Center forms alliances with communities in the Commonwealth of Virginia that are facing challenging economic conditions. In addition, the Tayloe Murphy Center conducts path-breaking and leadership-focused research projects that inform pressing policy and business issues central to the challenge of economic development and social progress.

Prominent Alumni

Darden's list of prominent alumni (in order of graduation) includes:

  • John H. Bryan (MBA '60), CEO and Chairman of Sara Lee from 1976 to 2001
  • George David (MBA '67), CEO and Chairman of United Technologies Corporation
  • Rea S. Hederman (MBA '68), Chairman since 1984, New York Review of Books
  • John D. Shafer Jr. (MBA '68), CEO of Dunkin' Donuts
  • Ronald E. Trzcinski (MBA '71), President and Founder of The Original Mattress Factory
  • L.F. Payne (MBA '73), former Virginia congressman
  • Henri Termeer (MBA '73), the President, Chairman and CEO of Genzyme Corporation
  • John Strangfeld (MBA '77), Chairman and CEO of Prudential Financial
  • Roger L. Werner Jr. (MBA '77), founder Speedvision and Outdoor Life Network
  • Charles A. de Mestral (MBA '78), the current CEO of Winstar Resources Inc.
  • Steven Reinemund (MBA '78), the former CEO and Chairman of PepsiCo. Voted number 15 in Barron's 2006 "World's Most Respected US CEOs."
  • Mark B. Templeton (MBA '78), President & CEO, Citrix Systems Inc.
  • Doug Scovanner (MBA '79), Executive Vice President & CFO, Target Corporation
  • Bill Hawkins (MBA '82), President & CEO, Medtronic Inc.
  • Warren M. Thompson (MBA '83), President & Chairman, Thompson Hospitality Corporation
  • Frank Batten Jr (MBA '84), CEO of Landmark Communications (owner of The Weather Channel and many newspapers)
  • V.N. Dalmia (MBA '84), Chairman Dalmia Continental, Chairman Sunshine Tourism Services
  • Daniel S. Lynch (MBA '84), former CFO and CEO of ImClone Systems
  • Martina Hund-Mejean (MBA '88), Treasurer of Tyco International Ltd.
  • Carolyn Miles (MBA ’88), CEO, Save the Children
  • Mark Sanford (MBA '88), Governor of South Carolina
  • Naren K. Gursahaney (MBA '89), President of Tyco Engineered Products and Services
  • Scott Price (MBA ’90), President & CEO, Walmart Asia
  • Steven Silbiger (MBA '90), author, The Ten-Day MBA, third edition, Harper Business, 2005
  • Thomas Baltimore (MBA '91), Co-founder & President, RLJ Development
  • James Geisler (MBA ’93), Vice President Finance, United Technologies Corporation
  • Trip Davis (MBA ’94), President & CEO, TRX, Inc.
  • Doug Lebda, founder of Lending Tree, which was conceived as business plan during his first year. Doug left Darden (Class of 98) to pursue the business.
  • Dustin Masaru Shindo (MBA ’99), Chairman & CEO and Founder, Hoku Scientific.
  • Tom Watjen, (MBA '81), Chairman & CEO Unum Group

[24]

See Also

External Links

Darden Website

Social Media

Other Resources

References

  1. ^ Beth Schmid, [1], UVA Today, 12 Nov 2010
  2. ^ [2], Financial Times, 2011
  3. ^ "Business School Rankings and Profiles: Undergraduate". Bloomberg BusinessWeek. 2010. http://www.businessweek.com/bschools/rankings/. Retrieved 2011-1-19. 
  4. ^ "Best Undergraduate Business Programs". U.S. News & World Report. 2010. http://colleges.usnews.rankingsandreviews.com/best-colleges/spec-business. Retrieved 2011-1-19. 
  5. ^ "Business School Rankings and Profiles: MBA". Bloomberg BusinessWeek. 2010. http://www.businessweek.com/bschools/rankings/. Retrieved 2011-1-19. 
  6. ^ "Best Business Schools". Forbes. 2011. http://www.forbes.com/lists/2011/95/best-business-schools-11_land.html. Retrieved 2011-10-16. 
  7. ^ "Best Business Schools". U.S. News & World Report. 2011. http://grad-schools.usnews.rankingsandreviews.com/best-graduate-schools/top-business-schools/mba-rankings. Retrieved 2011-1-19. 
  8. ^ "Ránking Global de las Mejores Escuelas de Negocios". América Economía. 2011. http://rankings.americaeconomia.com/2011/mba/ranking-mba-global.php. Retrieved 2011-10-30. 
  9. ^ "Which MBA". The Economist. 2011. http://www.economist.com/whichmba/full-time-mba-ranking. Retrieved 2011-10-16. 
  10. ^ "Global MBA Rankings". Financial Times. 2011. http://rankings.ft.com/businessschoolrankings/global-mba-rankings-2011. Retrieved 2011-1-19. 
  11. ^ US News and World Report: Best Graduate Schools 2009
  12. ^ "The Best Business Schools". Forbes. 2009-08-05. http://www.forbes.com/lists/2009/95/best-business-schools-09_Virginia-%28Darden%29_950013.html. Retrieved 2009-08-12. 
  13. ^ "Forbes Magazine Ranks U.Va.'s Darden School of Business in Top 10". 2009-08-11. http://www.virginia.edu/uvatoday/newsRelease.php?id=9390. Retrieved 2009-08-12. 
  14. ^ [3]
  15. ^ Business Week Ranking of MBA Programs 2006
  16. ^ Business Week Ranking of MBA Programs 2004
  17. ^ Wall Street Journal: Where the Schools Rank 2007 (PDF)
  18. ^ Darden 10th in WSJ Rankings 2007
  19. ^ [4]
  20. ^ Financial Times Global MBA 2011 Rankings
  21. ^ Financial Times: "Top schools by subject 2010"
  22. ^ The Economist: Which MBA?
  23. ^ Economist Intelligence Unit: 2008 MBA rankings
  24. ^ http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=233574&ticker=UNM:US

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