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2005 FULL-TIME MBA PROFILE
University of Virginia
Darden Graduate School of Business Administration
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. 22, 2005

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 635
Full-time MBA students 625
Part-time MBA students n/a
Distance MBA students n/a
Executive MBA students n/a
PhD program students 10
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year 0%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 24%
International students 1 26%
Married students n/a

For U.S. schools only:
African American students 4%
Alaskan Native of Pacific Islander American students n/a
Asian American students 7%
Mexican American students 3%
Puerto Rican students n/a
Other Hispanic American students n/a
White (non-Hispanic) students 57%
Multiethnic/Multiracial students n/a
Not reported 5%
Other 24%

Students from the following regions:
Africa 1%
Asia 16%
Eastern and Central Europe and Central Asia 1%
Latin America and the Caribbean 4%
Middle East 1%
North America
 (Canada: n/a / U.S.: n/a  )
74%
Oceania n/a
Western Europe 3%

North American students by region:
Canada n/a
Mid-Atlantic U.S. 48%
Midwest U.S. 5%
Northeast U.S. 22%
South U.S. 10%
Southwest U.S. 5%
U.S. Possessions and territories n/a
West U.S. 10%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average680680678683681
Median690690680690690
Range (middle 80%)610 - 720610 - 710610 - 740620 - 740650 - 710

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 672
Minimum TOEFL score required 650

Work Experience (months)
Average 56
Median 54
Range (middle 80%) 36 - 72
New entrants with one year or less of work experience 0%

Student Age (years)
Average 28
Median 28
Range (middle 80%) 26 - 30

Salary
Average base salary forgone to enter program n/a
Median base salary forgone to enter program n/a


ADMISSIONS

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

1,598 people applied to the full-time MBA program in 2005. The school accepted 49% (selectivity) of those applicants, and 39% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity49%38%24%18%17%
Yield39%39%46%53%51%

5% of applicants had applied in prior years, and of those reapplicants 15% were accepted.

The B-school placed 294 applicant(s) on its wait list. 38 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 23%
International applicants 1 40%

Interviews for MBA applicants are:
Required

In 2005, the B-school interviewed 59% 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)
Program Cost - Historical Chart
20052004200320022001
Resident $68,400 $63,600 $58,420 $54,063 $46,643
Nonresident $78,400 $73,600 $68,420 $64,063 $56,643
Expected monthly rent $536
Recommended annual budget (Resident) 1 $51,000
Recommended annual budget (Nonresident) $56,000

2005-2007 DEADLINES:
Application deadline(s)
All applicants:  Oct. 19, 2005
All applicants:  Dec. 1, 2005
All applicants:  Jan. 12, 2006
All applicants:  Mar. 1, 2006

Rolling admissions? Yes

Deadline(s) for scheduling an interview
All applicants:  Oct. 19, 2005
All applicants:  Dec. 1, 2005
All applicants:  Jan. 12, 2006
All applicants:  Mar. 1, 2006

Financial aid deadline(s)
All applicants:  Apr. 28, 2006

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

76% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 85% of full-time MBAs received some form of financial aid for the 2005-2006 academic year.

Of those who received financial aid for the 2005-2006 academic year, 67% received institutional scholarships, 0% received assistantships, and 80% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $33,600
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $3,000 - $59,700
Scholarships: Based on financial need
academic merit
a combination of need and merit


56 full-tuition scholarships were awarded by the school to full-time MBAs for the 2005-2006 academic year.

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


Average scholarship awarded $15,826
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow $60,000
Average outstanding loans for 2005 graduates $63,811
Total money distributed to MBAs in past academic year $4,779,600

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 F. Bruner
Hired as of Aug. 2005
 
Program director Robert M. Conroy
 
Admissions director Everette Fortner
 
Financial aid director Laurence G. Mueller
 
Career services director Everette Fortner
 
Alumni relations director Michael J. Woodfolk

 
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Admissions Q&A '03 | '99 | '97
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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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