Virginia (Darden)
Darden Graduate School of Business Administration
Getting In
SCHOOL BASICS
100 Darden Blvd.
Charlottesville
22903
Virginia
United States
School based in:
U.S.
Status:
Public
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
ENROLLMENT
Total graduate business school: 714
Full-time MBA: 654
Executive MBA: 60
PhD program:
9
Doctorate of Business Administration: N/A
MS: N/A
MSA: N/A
Other: N/A
Undergraduate business school:
13263
Graduate degree programs:
Other graduate degree programs:
N/A
PROGRAM BASICS
Address: P.O. Box 6550
100 Darden Blvd.
City: Charlottesville
Virginia
United States
Program Web site:
Program e-mail address:
PROGRAM LENGTH
Full-time program (months):
21
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident : $ 75,000
Nonresident : $ 85,000
Recommended annual budget (Resident): $ 57,000
Recommended annual budget (Nonresident): $ 62,000
CLASS PROFILE
Full-time students in newest entering class (2007-08) that are:
Female: 31 %
International: 34 %
U.S. students only:
African American: 4 %
Asian American: 5 %
Hispanic or Latino American: 3 %
White (Non-Hispanic): 52 %
Ethnicity not reported: 2 %
Students from following regions:
Africa : 1 %
Asia: 23 %
Latin America and the Caribbean: 6 %
North America: 64 %
Western Europe: 6 %
Entering North American citizens by region:
U.S.: 66 %
Northeast: 22 %
Mid-Atlantic: 46 %
South: 8 %
Southwest: 6 %
Midwest : 8 %
West: 10 %
Mean : 688
Median : 690
Applicants required to take the GMAT?
Yes
Middle 80% range GMAT scores:
From:
630
To:
730
ADMISSIONS
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?
IELTS
TOEFL Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Minimum paper-based TOEFL score required for MBAs:
n/a
Relative importance: Application Elements
GMAT Score:
very important
Resume/Work Experience:
very important
Application Essays:
very important
Interviews:
very important
Recommendations:
very important
Undergraduate Transcripts:
important
CLASS PROFILE
Mean months of work experience of newest entering class:
53
Median months of work experience of newest entering class:
48
Middle 80% range of work experience of newest entering class in months:
From:
25
To:
83
New entrants with one year or less of work experience:
2 %
Mean age of entering class:
28
Median age of entering class:
28
APPLICANTS
Applications (admitted and denied) to the newest class:
2463
Applicants who were accepted to the most recent class:
29 %
Admitted applicants who enrolled in the newest class:
45 %
Applicant interviews are:
Required
Admitted applicants who were interviewed:
100 %
ADMISSIONS
Does the program have rolling admissions?
Yes
FINANCIAL AID
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:
100 %
Full-time MBAs receiving financial aid through school:
Institutional Scholarships: 47 %
Assistantships: 0 %
Loans (private and government): 88 %
Mean MBA financial aid package for the current academic year:
38000
Median MBA financial aid package for the current academic year:
36200
On what basis are scholarships awarded?
academic merit
Full-tuition scholarships school will award during the upcoming academic year:
55
How does an applicant apply for scholarship consideration?
all candidates are considered for scholarship
Did scholarship remained the same or grow in second year?
98 %
Guaranteed loan regardless of nationality:
Yes
If so, what is the maximum amount a student can borrow per year?
$ 65,000
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$ 69,458
Academics & Lifestyle
FACULTY
Full-time faculty employed by the B-school:
66
Adjunct or visiting faculty:
24
Permanent/tenured professors:
46
Tenured faculty who are women:
20 %
Tenured faculty who are underrepresented minorities:
7 %
Tenured faculty who are also members of company boards of directors or advisors:
28 %
Tenured faculty who have owned their own business:
39 %
TECHNOLOGY
Is there a wireless network in main B-school buildings?
Yes
Technology improvements in the last three academic years:
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:
$ 10,200,000
CLASS OFFERINGS
Average students in a full-time MBA core class:
62
Average students in a full-time MBA elective class:
40
Elective courses available to full-time MBA students in the 2006-07 academic year:
133
Year of last major change or significant overhaul to the core curriculum:
2005
Concentrations and specializations offered to full-time MBA students:
Accounting
Consulting
Economics
Entrepreneurship
Finance
General Management
International Business
Leadership
Manufacturing and Technology Management
Marketing
Operations Management
Organizational Behavior
Portfolio Management
Statistics and Operations Research
Strategy
Supply Chain Management
Tax
Technology
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MA (Arts)
MBA/ME (Engineering)
MBA/MS (Science)
MBA/MSN (Nursing)
MBA/PhD
Does the school offer an accelerated full-time MBA program?
No
The school believes that its leading areas of study for full-time MBA students are:
Consulting
Entrepreneurship
Finance
General Management
Marketing
TEACHING/ACADEMICS
Requirements for graduation:
Students must have attended a minimum number of classes
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Business Law
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Environmental
Finance
High Tech
Information Technology
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
Women in MBA
Other
Alumni Affairs & Careers
ALUMNI
Living MBA alumni:
8260
Active MBA alumni clubs
42
Countries in which MBA clubs exist
21
Living MBA alumni who gave in past year:
38 %
Mean gift from MBA alumni in past academic year:
$ 953
Median gift from MBA alumni in past academic year:
$ 250
Did school receive an individual gift in excess of $10 million in past academic year?
No
The business school's total endowment as of June 30, 2007
$ 359,747,956
Does the main university have an alumni networking Web site?
Yes
University alumni networking site:
Does the main university offer career placement services for alumni?
Yes
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
CAREER SERVICES
Graduates seeking full-time professional MBA employment: 96 %
Graduates not seeking employment: 4 %
Graduates for whom you have no information regarding employment: 0 %
Annual job-searching trips that the school coordinates or participates in:
Destination: Week on Wall Street, New York
Month: December
Destination: London Job Trek
Destination: Boston Job Trek
Destination: California Job Trek
Destination: Washington, D.C. Job Trek
Top recruiting firms and the number of full-time MBAs hired in the past 12 months:
Company/No. Hired: Danaher Corporation, 9
Company/No. Hired: Bank of America , 8
Company/No. Hired: Goldman, Sachs & Co, Booz Allen Hamilton, 6 each
Company/No. Hired: JPMorgan, McKinsey & Co., 6 each
Company/No. Hired: Boston Consulting Group, Inc, Target Corporation 5 each
Company/No. Hired: Microsoft Corp. , Dell, Inc., ZS Associates, 5 each
Company/No. Hired: Accenture, Capital One Financial Corporation , 4 each
Company/No. Hired: Deloitte (formerly Deloitte Consulting), 4
Company/No. Hired: Deutsche Bank, Humana, Lehman Brothers, 4 each
Company/No. Hired: IBM Strategy & Change Organization, 4
Mean base salary for most recent graduates: $ 100,575
Median base salary for most recent graduates: $ 95,000
Mean signing bonus for most recent graduates: $ 23,268
Median signing bonus for most recent graduates: $ 20,000
Mean other guaranteed compensation for most recent graduates: $ 21,742
Median other guaranteed compensation for most recent graduates: $ 13,640
Graduating students who accepted jobs in the following functional areas:
Consulting: 23 %
Finance/Accounting: 38 %
General Management: 26 %
Human Resources: 0 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 11 %
Management Information Systems (MIS): 0 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 0 %
Other: 2 %
Graduating students who accepted jobs in the following industries:
Government (Federal, State, Local, Military): 0 %
Consulting: 23 %
Consumer Products: 10 %
Financial Services: 34 %
Manufacturing: 10 %
Media/Entertainment: 3 %
Non-Profit: 0 %
Petroleum/Energy: 0 %
Pharmaceutical/Biotechnology/Health care Products: 6 %
Real Estate: 4 %
Technology: 7 %
Other: 3 %
Graduates who accepted full-time jobs in the following regions:
Africa: 0 %
Asia: 53 %
Eastern and Central Europe and Central Asia: 23 %
Latin America and the Caribbean: 24 %
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast: 31 %
Mid-Atlantic: 24 %
South: 12 %
Southwest: 9 %
Midwest: 10 %
West: 7 %
Possessions and territories: 0 %
Internships awarded that are paid:
95 %
Graduate Comments
The rich and committed alumni base at Darden clearly distinguishes the institution as one of the finest in the U.S. The alumni donate significant amounts of time and money to ensure that students immediately feel part of the Darden community beyond Charlottesville. --Entrepreneurship
It allowed me to broaden my understanding of different aspects of business while sharpening my portfolio management skills through Darden Capital Management, a unique student-run equity portfolio which I managed with three classmates. For my summer internship last year, I was able to explore my interests in the Asian markets as a Summer Associate in Deutsche Bank's Trading rotation program in Hong Kong and Singapore.
Darden offers a well-integrated case method to learning that works on high levels of student engagement. The involvement of the faculty and their handling of the discussion in class which remains student led is a testament to their preparation and involvement. - Marketing
After attending Darden, I feel fortunate that I was not accepted to either HBS or Wharton. In all likelihood, I would've attended one of those institutions for the wrong reasons - i.e. popular reputation. Some of the primary reasons I believe Darden was the best fit for me were the intensity of the program, the case method employed, and the quality of the facilities. --Venture Capital/Private Equity
Darden is one of the most unique and rewarding educational experiences that is available. The amount of knowledge transferred to students through class discussions and out of class experiences is insurmountable.--Consulting
The case method is a fantastic way of learning to handle business in every day life. The location is fabulous, career development center the best in the country, professors very very accessible, tons of new quality friends... what more is needed?--Entrepreneurship
Darden offers an excellent program. It is challanging, the students are dedicated to learning, they come from a wide variety of backgrounds and it is a true family atmosphere. You will leave Darden looking at the world in a differnt way - with a better understanding of the business world, the drive to excel, and confidence in your abilities.--NA
The Darden MBA experience has not only opened up the door to many different career opportunities, but has also helped me develop more fully as a person. The team-based learning environment combined with the case method and small class size has been extremely rewarding.--Consulting
I had a marvellous experience and learned a lot from the faculty and students. I received maximum support from the Career development centre and alumni in my job search process.--Investment Banking
Coming out of Darden, one has access to all of the top employers. In addition, graduates have the skill set to excel in entrepreneurial pursuits, non-profit, or any smaller business environment.--Consulting
The program was challenging. It forced me to think about what was important and to try and identify the underlying issues at hand. It also emphasized how inter-connected the business environment is. The case method is a terrific method of instruction as it forces you to clarify your thinking and develop your speaking skills as it requires you to present and justify your ideas in front of others - many of whom may disagree passionately with you. --Investment Banking
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