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2004 FULL-TIME MBA PROFILE
University of Virginia
Darden Graduate School of Business
Address: P.O. Box 6550
100 Darden Boulevard
Charlottesville, VA 22906
E-Mail:
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 30, 2004

Year program was founded 1954
Institution is U.S., n/a
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 638
Full-time MBA students 632
Part-time MBA students 0
Distance MBA students 0
Executive MBA students 0
PhD program students 6
Doctorate of Business Administration (DBA) students 0
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year -3%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 21%
International students 1 26%
Married students n/a

For U.S. schools only:
African American students 5%
Alaskan Native of Pacific Islander American students 0%
Asian American students 4%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 3%
White (non-Hispanic) students 52%
Multiethnic/Multiracial students n/a
Not reported 10%
Other n/a

Students from the following regions:
Africa 1%
Asia 14%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Caribbean 4%
Middle East 1%
North America
 (Canada: 1% / U.S.: 99%)
74%
Oceania 1%
Western Europe 4%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 36%
Midwest U.S. 10%
Northeast U.S. 24%
South U.S. 10%
Southwest U.S. 6%
U.S. Possessions and territories 1%
West U.S. 12%

(1) Students from countries other than the school's home country.

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average680678683
Median690680690
Range (middle 80%)610-710n/an/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score 648
Minimum TOEFL score required n/a

Work Experience (months)
Average 60
Range (middle 80%) 48 - 96
New entrants with one year or less of work experience 0%

Student Age (years)
Average 28
Range (middle 80%) 25 - 31

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $140
Application fee (nonresident) $140

2,110 people applied to the full-time MBA program in 2004. The school accepted 38% (selectivity) of those applicants, and 39% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity38%24%18%
Yield39%46%53%

6% of applicants had applied in prior years, and of those reapplicants 26% were accepted.

The B-school placed 455 applicant(s) on its wait list. 64 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 22%
International applicants 1 43%

Interviews for MBA applicants are:
Recommended
By invitation only

In 2004, the B-school interviewed 53% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$30,200$25,844$51,688
Nonresident$35,200$30,844$61,688
Expected monthly rent $505
Recommended annual budget (Resident) 1 $49,200
Recommended annual budget (Nonresident) $54,200

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Oct. 27, 2004
All applicants:  Dec. 1, 2004
All applicants:  Jan. 12, 2005
All applicants:  Mar. 1, 2005

Rolling admissions? Yes

Deadline(s) for scheduling an interview
All applicants:  Oct. 27, 2004
All applicants:  Dec. 1, 2004
All applicants:  Jan. 12, 2004
All applicants:  Mar. 1, 2005

Financial aid deadline(s)
n/a

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

78% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 76% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, 66% received institutional scholarships, 0% received assistantships, and 90% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $38,022
Scholarships: Based on financial need
academic merit
a combination of need and merit


62 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
All candidates are considered for scholarship


Average scholarship awarded $14,440
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $62,291

Financial aid Web site


(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.

CONTACTS

Dean Robert S. Harris
Hired as of Oct. 2001
 
Program director Robert M. Conroy-Associate Dean for MBA Education
 
Admissions director Dawna Clarke
 
Financial aid director Larry Mueller
 
Career services director Everette Fortner
 
Alumni relations director Michael Woodfolk

 
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VIRGINIA RANKINGS
Full-time MBA rank:
2004:  12    1994:  12    
2002:  12    1992:  11    
2000:  9    1990:  14    
1998:  11    1988:  7    
1996:  5    
BW ranking history

Exec Ed rank:
2003:  11    1997:  6    
2001:  11    1993:  --    
1999:  6    1991:  2    



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