Darden Graduate School of Business and McIntire School of Commerce
Thomas Jefferson founded the University of Virginia in 1819. When classes began, only 123 students were enrolled, but UVA grew quickly: By 1904, the school had 500 students, and in 1926, there were 2,450. Today the school has 21,000 students. In 1987, its grounds in Charlottesville were granted status as a UNESCO World Heritage Site.
Although one woman received a mathematics certificate in 1893, having women at the school was frowned upon, and they weren't granted official admittance until 1920, when women older than 20 were permitted to enroll in graduate programs. The first female undergraduates were enrolled in 1970. The school's first black graduate completed a doctorate in education in 1953.
One year later, the Darden School of Business opened its doors for full-time MBA candidates. The PhD program was introduced in 1965, and in 2006 the school introduced its executive MBA program. Darden now has 765 students, 644 of whom are full-time degree candidates. Darden has one of the most heavily case-based curriculums among top business schools—70% of teaching is done using case studies. Teamwork is also a tradition at Darden, which has been holding the First Coffee—an informal get-together after the first class of each day—since the school opened.
The McIntire School of Commerce was founded in1921, thanks to a gift from investor and philanthropist Paul Goodloe McIntire. Today the school has 647 undergraduate students, as well as 316 graduate students working towards master's degrees in accounting, information technology management, and commerce. In 2008, after 30 months of construction, McIntire moved to its new home in Rouss and Robertson Halls.
Photos provided by the University of Virginia. Caption information provided by the school and BusinessWeek research.
Saunders Hall
Saunders Hall is the main entrance to Darden's campus. The building is named after the Saunders family, who provided funding for both the hall and the school's grounds. Thomas A. Saunders III received his MBA from Darden in 1967. In 2008, he and Jordan Horner Saunders were awarded the National Humanities Medal by George W. Bush, who cited their "wise leadership and philanthropy on behalf of higher education."
Teamwork
Collaboration is emphasized at Darden, where students in the full-time MBA program work in teams of five or six to collaborate on cases. The teams are put together by the Office of Student Affairs to make sure the groups are diverse—professionally, culturally, and geographically.
Wining and Dining
Darden's main dining room, in the Abbott Center, has room for 160 people. The six surrounding dining rooms each seat about 40 people. The Abbott Center also houses Darden's auditorium, where CNBC's Mad Money was filmed in 2007.
Career Counseling
At the Career Development Center, students work to focus career goals and improve both job and networking skills. Companies visit the center to hold interviews, which are invitation-only.
Top recruiting firms for MBA grads include Bank of America, Booz Allen Hamilton, and Johnson & Johnson. On average, recent graduates earn a base salary of $103,963. The financial services industry draws the most graduates, followed by consulting, then manufacturing.
First-Year Curriculum
First-year MBA students, like those pictured here, immerse themselves in Darden's intensive core curriculum, which aims to give students a general grounding in business and management. Among the courses they take are management communication, accounting, marketing, and operations management.
Professors who teach first-year classes coordinate their class material, making sure students get an interdisciplinary business education from the start.
Students take only core classes during their first three quarters at Darden. To finish up the first year, they take two core classes and three electives.
"The Graceful and Perpetual Spray of Water"
The Jones Fountain, pictured above, was dedicated in September 2007. The fountain and the nearby Thomas Jefferson Statue were gifts from the Darden Class of 1974. The granite fountain complements the statue by reminding viewers of Jefferson's joy in "the graceful and perpetual spray of water."
Behind the fountain, which stands on Flagler Court, is Darden's classroom building and Saunders Hall.
Second-Year Curriculum
In their second year, MBA candidates take 20 electives, choosing from 100 options. Class size for each elective averages 45 students, down from the 65 or so in first-year core classes.
The teams of students put together in the first year of the program no longer meet officially, but many still work together.
Second-year students can take classes outside Darden at the University of Virginia, and they can also study abroad in countries such as China, Spain, and the Netherlands.
Diversity
Darden has 644 full-time MBA students and 121 executive MBA students. The full-time student body is 29% female and 30% international. Nearly half of the U.S. students are from Mid-Atlantic states, and a quarter are from the Northeast. Before beginning the MBA program, students have, on average, more than four years of work experience.
Coffee Breaks
The First Coffee has been a daily tradition at Darden for more than a half century. Students, faculty, and visitors get together in the PepsiCo Forum after the first class of each day to chat and have coffee or tea. When the weather is nice, the event moves outside to Flagler Court.
A Connected Library
The Camp Library has more than 100,000 volumes and 1,100 periodicals, and access to more than 120 electronic databases, including Bloomberg and Lexis Nexis. Each seat in the library has a network connection, and there are 21 computer workstations with Internet access. Study spaces in the library include a reading room and semi-private group meeting rooms.
A High-Tech Campus
During the 2009-2010 academic year, Darden will take part in a pilot program for Amazon's newest e-book reader, the Kindle DX. A group of randomly selected students will use the devices for access to textbooks, case studies, and other material. Darden is one of seven schools across the U.S. participating in the program.
Career Day
About 1,000 undergraduates at the McIntire School of Commerce meet with more than 100 companies during the annual Commerce Career Day. The night before the event, students attend panel discussions on everything from jobs in advertising and investment banking to careers off the beaten path.
Almost three-quarters of undergraduate business students accept their first jobs by graduation. Among top hiring firms are Ernst & Young, Citigroup, and Morgan Stanley. Some students take internships during the academic year from companies such as Merrill Lynch, Bank of America, and LexisNexis.
McIntire's New Home
McIntire's move to its new home became official in spring 2008, when the Rouss and Robertson halls were dedicated. Robertson adds 125,000 square feet to Rouss, which was built in 1896.
Robertson Hall is named after Julian Robertson, a hedge-fund founder and mentor to McIntire graduates.
Hands-On Learning
McIntire's undergraduate students gain firsthand experience working with financial data at the Julian H. Robertson Jr. Capital Markets Room. The facility features live data feeds, a full-room stock ticker, and video-conferencing technology. Faculty work in the Capital Markets Room, too, using it as a research facility.
Students can also work with live data feeds in the Chesapeake Trading Room, where they collaborate with faculty to gain trading know-how.
Skilled Professors
Darden boasts a knowledgeable and experienced faculty: 38% have owned their own businesses, and 29% are company board members, advisers, or directors. Nearly half of the 97 faculty are tenured, and 65 have PhDs.