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Darden School of Business – University of Virginia

UVA Darden Full-Time MBA Program Structure

The two-year, full-time MBA program at the University of Virginia Darden School of Business is structured primarily around case method style teaching and engaging classroom discussion. Students are broken into teams of 50-60, and then further into learning teams of five or six students. Students do not technically pick majors in the MBA program. Rather, they select optional concentrations in the “career” and “theme” track categories. Students can take up to two tracks in the program.

Curriculum

After pre-enrollment courses and on-campus meet-and-greets, first year students complete the bulk of their core courses over four terms, in addition to a capstone project. The schedule for second-year students slightly differs, with second-year students taking many electives over four terms, and completing their selected Darden Business Projects, designed with their career-interests in mind.

Second-year students also have the option to study abroad through Darden’s 18 international exchange program destinations. Both first and second-year MBAs can also undertake the one or two-week long Darden Immersion Courses, which usually take place in March.

Full-Time MBA Rankings

• U.S. News & World Report: 12 (tie)
• Bloomberg: 9 (U.S.); 9 (Global)
• Forbes: 11
• Financial Times: 23
• The Economist: 9

Class Profile

The UVA Darden MBA Class of 2020 features 355 students. Among the class, 38 percent of students are women, 31 percent are international, and 18 percent are U.S. minority students. The average age of the class is 27, the average GMAT score is 718, and the undergraduate GPA of the class is 3.5.

Career Statistics

An estimated 94 percent of UVA MBA graduates earned job offers within three months of earning their degree, with 90 percent earning an offer by their graduation date.

The most common career fields of the most recent UVA MBA class was consulting (32 percent), financial services (26 percent), and technology (18 percent). The average salary of recent graduates was $127,767, with those in the consulting field earning the highest annual wages, at an estimated $140,189.

Tuition, Scholarships, and Financial Aid

Tuition for in-state residents in the first year of the UVA Darden MBA program is $65,350, with out-of-state students paying $68,350 and international students paying $68,510. With fees, living expenses, and more, students can expect to pay total per-year costs of:

• $92,024 (In-State Residents)
• $95,024 (Out-of-State Residents)
• $96,276 (International Residents)

UVA estimates that tuition rates will increase 5 percent annually, and that living expense rates may rise 3 percent annually. The school also notes that international students should “allot an additional $7,000 for a spouse and $4,000 for each additional dependent on the Financial Guarantee Form, which is part of the I-20.”

All U.S. residents are eligible for Federal Direct Subsidized Loans and Federal Graduate Plus Loans. The former has a current interest rate of 6.6 percent, while Graduate Plus Loans have a current interest rate of 7.6 percent. Students may also earn an MBA through employer sponsorship.

All candidates are automatically considered for the school’s merit-based scholarships and a myriad of fellowships. You can find a list of scholarships and fellowships for the UVA Darden MBA program here. U.S. military active members and veterans also may be eligible for multiple scholarships, which can be found here.

Admissions

In order to apply to the UVA Darden MBA program, applicants must submit:

• A completed online application
• Official transcripts
• GMAT/GRE scores
• Proof of English proficiency (if necessary)
• A résumé
• Two professional recommendations
• Answers to several short essay questions, which can be found here.
• Proof of residency
• A $250 application fee

Those accepted to the program must first conduct an interview with the school’s admissions committee. U.S. residents must interview in-person at the Darden campus, while international students are invited to do so, but can also interview with recruiting members on international trips, or through Skype.

Application deadlines are as follows:

Round Three – April 3, 2019

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