Full-Time MBA
University of Virginia's Darden Graduate School of Business Administration
100 Darden Blvd.
Charlottesville ,
Virginia 22903
Program Web site:
Status:
Public Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
Years in which the following programs were founded:
Full-time MBA: 1954
Executive MBA: 2006
Executive Education (non-degree): 1955
PhD program: 1965
Total direct costs (tuition and required fees) of the entire MBA program:
Resident : $ 84,000
Nonresident : $ 94,000
Recommended annual budget (Resident): $ 63,750
Recommended annual budget (Nonresident): $ 68,750
Full-time program (months):
21
Graduate business school enrollment
Total graduate business school: 765
Full-time MBA: 644
Executive MBA: 121
PhD program: 9
Undergraduate business school enrollment
13,762
Other graduate degree programs:
N/A
Application Deadlines
Oct 28, 2008 Jan. 7, 2009 March 4, 2009
Does the program have rolling admissions?
Yes
Is proficiency in English required for admission?
Yes
Is a minimum score on an English language proficiency test required?
No
Which English language proficiency tests are accepted?
TOEFL Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Other: N/A
GMAT Score:
Very Important
Resume/Work Experience:
Very Important
Application Essays:
Very Important
Interviews:
Very Important
Recommendations:
Very Important
Undergraduate Transcripts:
Very Important
Applicants who were accepted to the most recent class:
25 %
Admitted applicants who enrolled in the newest class:
49 %
Applicant interviews are:
By invitation only
Admitted applicants who were interviewed:
100 %
Full-time students in newest entering class (2008-2009) that are:
Female: 29
%
International: 30
%
Ethnicity/US Students in Program
African American: 4
%
Asian American: 6
%
Hispanic or Latino American: 5
%
White (Non-Hispanic): 50
%
Chose not to report: 4
%
Other: 1
%
Students from following regions:
Asia: 8
%
Eastern Europe and Central Asia: 11
%
Latin America and the Caribbean: 4
%
Middle East: 1
%
North America: 70
%
Western Europe: 6
%
Entering North American citizens by region:
Northeast: 25
%
Mid-Atlantic: 45
%
South: 12
%
Southwest: 4
%
Midwest : 7
%
West: 7
%
Mean months of work experience of newest entering class:
52
Median months of work experience of newest entering class:
48
Middle 80% range of work experience of newest entering class in months:
From:
24
To:
84
Median age of entering class:
28
Mean age of entering class:
28
Full-time MBAs apply for financial aid through:
Dedicated financial aid office at the B-school
Full-time MBAs applied for financial aid for the current academic year:
88 %
Full-time MBAs receiving financial aid through school:
88 %
Mean MBA financial aid package for the current academic year:
$ 42,500
Median MBA financial aid package for the current academic year:
$ 40,750
On what basis are scholarships awarded?
academic merit
Full-tuition scholarships school will award during the upcoming academic year:
37
How does an applicant apply for scholarship consideration?
all candidates are considered for scholarship
Mean scholarships awarded to full-time MBAs in the previous academic year:
$ 27,611
Percentage of second-year students receiving the same or more amount of money in their second year of study:
99 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
Yes
If so, what is the maximum amount a student can borrow per year?
$ 70,000
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$ 65,353
Applicants required to take the GMAT?
Yes
Mean : 693
Median: 700
Middle 80% range GMAT scores:
From:
640
To:
750
Average students in a full-time MBA core class:
65
Average students in a full-time MBA elective class:
45
Elective courses available to full-time MBA students:
110
Electives that have been added to the full-time program since June 30, 2008:
Business and Sustainability
Professional Selling
Hot Topics in Finance
Hot Topics in Marketing
Emerging
Medical Technology
Year of last major change or significant overhaul to the core curriculum:
2006
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MA (Arts)
MBA/MD (Medicine)
MBA/ME (Engineering)
MBA/MS (Science)
MBA/MSN (Nursing)
MBA/PhD
Other
Does the school offer an accelerated full-time MBA program?
No
Faculty employed by the B-school:
97
Full-time faculty
Tenured: 47
Non-Tenured: 19
Adjunct/Visiting Faculty
Tenured: 3
Non-Tenured: 28
Women on Faculty
Tenured: 9
Non-Tenured: 5
Minority Faculty
Tenured: 8
Non-Tenured: 3
International Faculty
Tenured: 5
Non-Tenured: 9
Faculty with PhDs
Tenured: 47
Non-Tenured: 18
Faculty who are also members of company boards of directors or advisors:
29 %
Faculty who have owned their own business:
38 %
Professional clubs available to full-time MBA students:
Biotech/Health care
Business Law
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Environmental
Finance
High Tech
Investment Banking
Marketing
Media & Entertainment
Nonprofit
VC/ Private Equity
Other
Networking clubs available to full-time MBA students:
Black MBA Association
Gay/Lesbian/Bisexual
Hispanic Student Organization
International Club
Partners/Family
Volunteer
Wine
Women in MBA
Other
Teaching methods used
Case study: 70
%
Distance Learning: 4
%
Experiential Learning: 10
%
Lecture: 4
%
Simulations: 6
%
Team Project: 6
%
Requirements for graduation:
Students must have attended a minimum number of classes
Students must have earned a pre-determined GPA/Letter grade average
Is there a wireless network in main B-school buildings?
Yes
Technology improvements in the last three academic years:
Integrated and deployed new Darden Publishing ecommerce storefront, developed and integrated new Digital Rights Management system. Developed absentee tracking system, deployed new admissions SharePoint portal, developed and integrated the Career Development SharePoint portal with the CDC system, developed various SharePoint portals supporting research efforts, updated LMS components on SharePoint for MBA Exec and MBA programs. Added new video projectors in all 18 classrooms, deployment of new LMS for MBA for Executives (SharePoint), created 19 new multimedia/video/simulation products. Upgraded Admissions, Career Services, and Alumni System; Deployed new systems in support of distance learning; migrated existing web sites into a new content management system; Introduced clustering technology for critical application servers; Increased deployment of server virtualization tools; Deployed Blackberry server; Deployed new MBA, MBAE and Alumni portals; Developing new social networking system; Upgraded to Vista, Office 2007 and SharePoint 2007.
Amount spent:
$ 10.2 M
Living MBA alumni:
8,590
Active MBA alumni clubs
44
Countries in which MBA clubs exist
20
Living MBA alumni who gave in past year:
38 %
Mean gift from MBA alumni:
$ 953
Median gift from MBA alumni
$ 250
Did school receive an individual gift in excess of $10 million in past academic year?
No
Business School Endowment
$ 368,523,000
Does the main university offer career placement services for alumni?
Yes
Does the main university have an alumni networking Web site?
Yes
University alumni networking site:
Does the B-School have an alumni networking site:
Yes
Business school alumni networking site:
Do current MBA students have access to an alumni database?
Yes
Graduates seeking full-time professional MBA employment: 94
%
Graduates not seeking employment: 6
%
Graduates for whom you have no information regarding employment: 0
%
Of grads not seeking employment: Percentage of graduates not seeking employment
who were company-sponsored, or already employed: 47
%
Percentage who were starting their own business(es) : 53
%
Annual job-searching trips that the school coordinates or participates in:
Destination: New York-Minneapolis-Wash., D.C.-San Francisco
Month: December
Amount Paid By School: Partial
Destination: Houston-Chicago-India
Month: December
Amount Paid By School: Partial
Destination: Hong Kong-Shanghai-Seattle/Portland-Boston
Month: January
Amount Paid By School: Partial
Destination: Atlanta-Charlotte-Los Angeles
Month: January
Amount Paid By School: Partial
Destination: London
Month: November
Amount Paid By School: Partial
Primary Source of Job Offer
School-facilitated activities: 83
%
Graduate-facilitated activities: 17
%
Job Offers for 2008 graduates:
Received first job offer by graduation: 92
%
Received first job offer in three months following graduation: 3
%
Did not report having received a job offer: 5
%
Top recruiting firms and the number of full-time MBAs hired in the past 12 months:
|
Bank of America Corp. |
12 |
||
|
Bain & Company |
9 |
||
|
Booz Allen Hamilton |
9 |
||
|
JPMorgan Chase & Co. |
9 |
||
|
Johnson & Johnson |
8 |
||
|
Lehman Bros. |
7 |
||
|
Deutsche Bank AG |
7 |
||
|
Lehman Bros. |
7 |
||
|
Citigroup Inc. |
6 |
||
|
Microsoft |
6 |
||
|
General Mills |
4 |
||
|
Danaher Corporation |
7 |
||
|
United Technologies Corporation |
7 |
||
|
Deloitte |
6 |
||
|
IBM |
6 |
||
|
Wachovia Securities |
5 |
||
Job-accepting graduates who received a signing bonus:
84 %
Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary for most recent graduates: $ 103,963
Median base salary for most recent graduates: $ 100,000
Mean signing bonus for most recent graduates: $ 25,931
Median signing bonus for most recent graduates: $ 20,000
Mean other guaranteed compensation for most recent graduates: $ 19,722
Median other guaranteed compensation for most recent graduates: $
12,000
Graduating students who accepted jobs in the following functional areas:
Consulting: 20
%
Finance/Accounting: 43
%
General Management: 23
%
Marketing/Sales (Public Relations, Product Management, Market Research,
Advertising, etc.): 11
%
Other: 3
%
Graduating students who accepted jobs in the following industries:
Consulting: 22
%
Consumer Products: 9
%
Financial Services: 35
%
Manufacturing: 13
%
Media/Entertainment: 1
%
Non-Profit: 1
%
Petroleum/Energy: 2
%
Pharmaceutical/Biotechnology/Health care Products: 3
%
Real Estate: 3
%
Technology: 8
%
Other: 3
%
Graduates who accepted full-time jobs in the following regions:
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast: 35
%
Mid-Atlantic: 21
%
South: 12
%
Southwest: 6
%
Midwest: 10
%
West: 8
%
Top Companies - Internships:
|
Lehman Bros. |
10 |
||
|
McKinsey & Company |
9 |
||
|
Bain & Company |
7 |
||
|
Bank of America Corp. |
7 |
||
|
Goldman Sachs Group |
7 |
||
|
Boston Consulting Group |
5 |
||
|
Target Corp. |
5 |
||
|
Booz Allen Hamilton |
4 |
||
|
Citigroup Inc. |
4 |
||
|
JPMorgan Chase & Co. |
4 |
||
|
Microsoft |
4 |
||
|
Deloitte |
8 |
||
|
Danaher Corporation |
7 |
||
|
Corning |
6 |
||
|
United Technologies Corporation |
4 |
||
Mean : N/A Median: N/A
School Comments:
N/A
Darden was very challenging and very entertaining at the same time. The case method kept me engaged throughout the two year program, and I would recommend Darden to anyone who is looking for a thorough MBA education. -- Consulting
Darden is a rigorous program that is well suited for those who are looking for to challenge themselves and learn a great deal. If you are looking for a “two-year vacation” or a “rubber-stamp MBA” then this is not the place for you. I have already recommended Darden to several of my friends and former colleagues that share my strong work ethic. -- Investment Banking
Darden is the best: Great teachers, great students and great career development. It's a school filled with teachers who excel at teaching and students who actively participate. -- Marketing
Darden provides a number of advantages that some of the larger, urban b-schools can't: the cost of living is very low, the quality of living is surprisingly high given the school’s remote and lower-cost locale, the classes are small, and there is a real sense of community. -- Consulting
Darden’s location is remote, limiting the opportunity for partners moving to the area (in terms of career options as well as social infrastructure), which is likely an obstacle to recruiting top talent. Also, the small graduating classes (relative to other top programs) yields a smaller alumni base, and the b-school is regrettably isolated (alienated?) from the broader university community. -- Consulting
The Darden curriculum was the perfect preparation for my post-MBA career path. It was at once challenging and engaging. I learned valuable lessons in the classroom and made lifelong friends outside of it. -- Finance
Case method is very unique and really teaches you how to communicate in a public setting. Investment banking network is very strong and provided many opportunities. Finance/accounting classes were extremely beneficial and filled gaps from my prior education/work experience. -- Investment Banking
If someone is not interested in being extremely well rounded, but would rather super-specialize in one area, Darden might not be the best place. -- Consulting
I can't think of a better school where intelligent, attractive undergraduates intermingle so openly with the graduate students. As a single student, this kind of experience was well-matched to my objective of having an exciting life outside of the academic environment (while still receiving a top-notch education). -- Consulting
The core program was poor, and the teaching wasn't that great. Topics weren't covered well, and professors didn't sympathize with non-fast learners. Also, there were more than a few bad seeds in my class, and some unethical behavior occurred. -- Investment Banking
Darden was a solid program, but it lacks the "brand cache" in the minds of selective recruiting firms like private equity firms and hedge funds. -- Consulting
Darden has a very inclusive environment, where a great emphasis is put on teamwork. I was pleasantly surprised to see how much students went out of their way to help other students with academics, interview prep, research, etc. -- Marketing
Recruiters know that if you can handle the Darden workload, you will have no problem with a career in investment banking. All the top banks recruited here and all of them have a long Darden bench with strong loyalties. -- Investment Banking
Darden is the best-kept secret in the MBA world. It is a small school, with cohesion unmatched in the civilian world. Students truly want to see all their classmates succeed. It pushes people to stretch themselves to accomplish more than they thought they could. -- Consulting
I feel very connected to faculty and staff at Darden. I have been to the Dean's house for special functions at least three times. I've been to professors' houses for dinner and gone out to lunch many times with faculty and members of career services. And that's in addition to the open door policy that all of my professors had. -- Consulting
I am married and have an child in elementary school. While Darden is a rigorous program, Charlottesville is such a wonderful area that it made my long hours easier for my family to handle. -- Finance
I left a nice job, paid cash for my MBA experience, and estimate my total investment (including opportunity cost of income, etc.) to be in excess of $600k. And I'm graduating this weekend without a job - granted having pursued a very targeted middle-market private equity job search in an unfavorable macroeconomic environment - and I still couldn't be more satisfied. -- Venture Capital/Private Equity
As a student leader, I had the distinct privledge to work side by side with the best and brightest students in my class and faculty members as well. I have learned just as much in my out-of-class experiences (student government, consulting projects, etc.) as I did inside of class and I applaud Darden for making the diversity of experiences so vast. -- Consulting
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