The University of Virginia Graduate School of Business Administration owes its
existence to the energy and interest of a group of bankers and business people from Virginia and neighboring states, who formed
a Sponsoring Committee to assist in the organization of a graduate school of business administration.
By 1954, the Sponsoring Committee had established an endowment, and the General Assembly of the Commonwealth of Virginia appropriated
additional funds. Meanwhile, a faculty committee of the University recommended that the school be established, and on March 19, 1954,
the University Senate voted a like recommendation. On April 9, the Board of Visitors adopted the following resolution:
"Resolved by the Board of Visitors of the Rector and Visitors of the University of Virginia that a graduate School of Business
Administration be and it is hereby created as a separate School of the University."
Since 1955, the school has grown in size, in the scope of its curriculum, and in the geographical diversity of its influence. As the
reputation of the school continues to broaden, it maintains a balance in its commitment to Virginia and the South, as well as to the
national and international business communities.
On July 1, 1974, it became The Colgate Darden Graduate School of Business Administration of the University of Virginia. Colgate
Whitehead Darden, Jr., preeminent statesperson and educator from the State of Virginia, was Governor of Virginia from 1942 through 1946
and served as President of the University of Virginia from 1947 until 1959.
Mr. Darden was one of the prime forces in the creation of a graduate business school at the University of Virginia and remained an
active supporter of the school through its development.
The school is proud to bear the name of this remarkable man.
Darden Graduate School of Business Administration
100 Darden Boulevard
University of Virginia
P.O. Box 6550
Charlottesville, VA 22906-6550
The Darden School The Darden Graduate School of Business Administration is located on the North Grounds, about a mile
from the central University Grounds, as part of a graduate-professional complex that also includes the Law School and the Judge
Advocate General's School. The new Darden Grounds, dedicated on April 13, 1996, include Saunders Hall, the Camp Library and
student services building, twin office and classroom buildings, and a gatehouse and bedroom wing for executive education.
Sponsors Hall, adjacent to the Darden Grounds and completed in 1984, complements the school's executive education facilities.
With the latest addition to Sponsors Hall, it now offers 180 private bedrooms, as well as additional classrooms, meeting rooms,
improved dining facilities, and a fitness center and recreation rooms.
Computer Facilities The Darden School has a "state-of-the-art" technology infrastructure to support its modern new facility.
All classrooms have power and network access for each student seat and are equipped with large screen projection systems. Students are
required to purchase a laptop computer when they enter Darden. In fact, there are over 1000 computers in the school. Over 4,500 ports
are available throughout the school, allowing easy access to both the school's network and the Internet from students' notebook
computers. High-end desktop computers are available in the 80 learning team rooms and 20 research stations in the library.
The school provides interactive access to many databases and information services, such as Dow Jones News Retrieval, Bloomberg, DRI,
and Compustat. Students can access the school's e-mail system remotely for electronic mail and course related materials. The school's
recently redesigned Web site provides easy access to information systems that support all aspects of student life, including online
admissions, course pre-registration and add-drop, career services, first-year curriculum, and a community calendar.
Darden is host to a full-sized, professionally equipped Video Production Studio designed to facilitate pedagogical aims through
analog and digital video, both for local classroom instruction and externally marketed case-study Multimedia delivery. Video content
is produced and acquired at Darden or "on-the-road" as the case study dictates. Material gathered can then be assigned to Darden's
Editing Facility to be professionally edited on a choice of Avid editing systems and converted to one of many digital formats for
further processing and distribution as necessary. The new Darden Center Auditorium is also a video production facility with
state-of-the-art broadcast-grade video cameras and audio systems designed to capture large-scale student, faculty, or UVA community
educational and social presentations. Professional-quality, high-bandwidth Video and Audio conferencing can be facilitated to and from
the Studio, Darden Center Auditorium, or any of 14 Electronically Connected Classrooms. Video conferencing is also available in the
learning team rooms to support student projects and video-editing equipment is available to Darden students in the library.
Darden's Student Information Systems is comprised of Admissions, Career Services, Class Registration, and Alumni Services.
These four software modules were developed and written in-house by the administrative staff and the IS technology department. These
systems have proven so successful that ten of the top twenty business schools in the country have licensed one or more of these systems
for their own use.
Information technology is highly integrated into the Darden curriculum. First-year students make heavy use of the spreadsheet, word
processing, data analysis, and presentation graphics software installed on their notebook computers. Use of computers in both the First
and Second Years is designed to provide an understanding of the role of information technology in information-gathering and
Library The Camp Library of The Darden School is a working library designed primarily to provide vital support to students in course
work. There is also a current collection of materials on business and the social sciences.
This library contains basic reference works, a broad selection of business and public affairs periodicals, important government
documents and statistics, selected corporate records, and widely used serial services.
The Library staff is headed by a professional librarian who is a member of the Darden faculty. The librarian and staff are available
full time for major reference problems and to assist both students and faculty in the most effective use of library facilities,
including all University libraries.
The Darden School Foundation
The supportive relationship between the school and The Darden School Foundation began with the initiative of those southern
business leaders who, under the guidance of former University President Colgate W. Darden, Jr., secured the initial endowment
funds necessary to found the school in the early 1950s.
Today, the role of the foundation continues as a nonprofit, tax-exempt corporation that manages current endowment funds for the
exclusive benefit of The Darden School, operates the school's prominent executive education programs, and promotes the support of the
school by alumni, friends, and corporations. An elected Board of Trustees, many of them Darden alumni, manage the foundation's affairs
and give freely of their time and advice, providing an important link between the academic and business communities.
Funds provided annually to the school contribute to all phases of life at Darden. In the past several years, these funds covered
approximately one-half of the school's operating budget. In addition to operating support, the foundation also capitalizes and manages
the Darden Student Loan Fund, which has offered educational loans at preferred rates and terms to over 50 percent of each M.B.A. class.
The Darden School moved into new facilities in 1996. These facilities, referred to as Phase I were designed by Robert A. M. Stern, a
prominent architect. They include classrooms, offices, common areas, a library, and bedrooms for Executive Education participants. Phase
II will be completed in 2002 and includes a 500 car parking garage, the Darden Center housing a 470 person auditorium, a 400 person
dining room, student lounge, and offices. Also additions to existing classrooms, offices, and bedroom buildings are being added. These
facilities, built exclusively with private funds, are a visible tribute to the support and loyalty of the Foundation and alumni.
The Darden School's rapid rise to prominence on the strength of both its M.B.A. and Executive Education programs is, in large part,
due to the initial and continuing generosity of the many alumni, friends, and corporations who comprise The Darden School Foundation
The Darden School Alumni
The greatest strength of any educational institution is the accomplishment and good will of its alumni. The Darden School now
has over 7,000 M.B.A. alumni and over 3,000 graduates of The Executive Program (TEP), a highly regarded intensive six-week
program for experienced corporate managers.
The continuing interests of the alumni in the school's affairs are fostered by the Darden Alumni Association. The Darden Alumni
Association is managed by the Alumni Board and the Alumni Council. The Alumni Council includes the executive committee, Chapter
Leadership teams (i.e., chapter presidents, events chair, events committee, membership chair, communications/webmaster chair), and a
network of volunteers, including class agents and class secretaries. There are 23 alumni chapters, including five abroad (London,
Mexico, Brazil, Japan, China).
Alumni activities are primarily organized by individual chapter leaders (according to class and regional interests) with the help of
Darden's Alumni Relations office. In addition to the annual class reunions (held each Spring) and a Leadership Weekend for the Alumni
Council (in the Fall), Darden's Alumni Relations office is continually expanding its alumni base and developing existing chapters, as
well as new chapters in the U.S. and globally. The Darden Alumni Association participates actively in many of the well-established
benefits of the Darden M.B.A. program. Most noteworthy among these include career placement offerings and student recruitment.
Executive education programs date back to 1955 and have always been
central to Darden's mission of providing opportunities for lifelong learning for practicing managers. Currently, over 100
year-round program offerings serve more than 5,000 executives annually.
Darden executive education programs are designed for practicing managers and emphasize problem-solving and building managerial
effectiveness. About 40 percent of executive education's programs are offered on an open enrollment basis, while the other 60 percent
are custom programs designed to meet the specific needs of organizations. In addition, Darden executive education welcomes the
opportunity to work with organizations in the design and development of these custom programs and research activities that are tailored
to achieve specific company objectives and focus on key corporate issues. Darden also offers consortium programs that encourage
involvement of groups of organizations in the development of objectives and content for customized programs that offer the benefits of
Three- to ten-day executive programs are held throughout the year in finance, manufacturing, marketing and sales, leadership, and
organizational changes. Longer programs have been specifically designed for general managers facing the task of integrating several
functional areas. In recent years, programs have been held in England, Germany, Australia, and Singapore. Darden has also begun to offer
a variety of learning opportunities online, taking advantage of technology to extend and enhance the classroom learning experience.
Darden continues to invest in technology to build stronger partnerships with its customers.
Each year in June, Darden executive education draws senior executives from all over the world for a demanding four-week management
education experience called The Executive Program (TEP).
The Batten Institute, a foundation within the Darden Graduate
School of Business Administration at the University of Virginia, is a nexus of practitioners and scholars interested in
fostering new practical knowledge about business innovation and change.
The center was established in 1999 through the generosity of Frank Batten, former chair of Landmark Communications, Inc. of Norfolk.
It succeeds the Batten Center for Entrepreneurial Leadership, which was established in 1996 by Batten and his children Frank Batten Jr.,
a 1984 Darden graduate, and Dorothy Batten Rolph, who received her Darden M.B.A. in 1990.
The Batten Institute invests in applied research and knowledge transfer programs about the frontiers of change in organizations,
markets, and technologies. Projects sponsored by the Batten Institute illuminate the best practices of change agents such as
entrepreneurs, transformational leaders, inventors, customers, risk-capital investors, and educators. The Batten Institute implements
Darden's research and programs on major business issues, including the Batten Fellows Program, research initiatives, the Darden
Progressive Incubator, conferences and events, and The Darden School's Northern Virginia Center.
Tayloe Murphy Center
The Tayloe Murphy Center is an affiliated agency of the
Darden Graduate School of Business Administration at the University of Virginia.
Overview The Tayloe Murphy Center develops and promotes relationships with Virginia businesses, fosters international
educational and corporate partnerships, and conducts research that benefits the Commonwealth of Virginia. The Center encourages
successful growth of Virginia-based businesses within the state and around the world by developing and implementing educational
programs and research projects. It also aims to increase the visibility of The Darden School in Virginia and further its role as a
supporter of state economic development.
Northern Virginia Center Darden's Northern Virginia Center focuses on developing
research opportunities for Darden faculty and students with Virginia companies. In Northern Virginia, the Tayloe Murphy Center is
increasing Darden's partnership with local Virginia corporations through new case studies and business projects for Darden students.
These projects are divided among U.S. and international locations, with almost half of them focused on Virginia companies.
The Center is also developing executive management programs in Virginia, with a focus on Northern Virginia technology companies.
The Center is an affiliate member of the Northern Virginia Technology Council, which has membership of more than 1,200 high-technology
Virginia companies. The Northern Virginia office is furthering Tayloe Murphy's outreach into the community. Activities include the
creation of VaRoom, a portal to aid the growth and development of Virginia businesses; involvement with local organizations including
the Northern Virginia Technology Council; and the development of educational programs targeting Virginia business.
International For more than a decade, the Tayloe Murphy Center has served as the focal point for international activities at
Darden. The Center develops and implements educational programs and research projects that enhance both student and executive
understanding of international issues, enabling them in turn to tap international opportunities. Through its educational activities, the
Center seeks to improve the Commonwealth's international trade.
The Center also aims to increase the global awareness of Darden and the University of Virginia by promoting interaction between
Darden students and the rest of the world. It achieves this goal by supporting international exchanges with business schools in
Australia, Belgium, China, Hong Kong, Japan, and Sweden and student business projects. In addition, the Center brings global
academicians and business leaders to the University and the Commonwealth to share their experiences, knowledge, and perspectives.
History The Tayloe Murphy Center was established in 1962 with a $1,000,000 gift from an anonymous donor. The gift honored
prominent banker and legislator W. Tayloe Murphy in "recognition and appreciation of his unfaltering support of the Graduate School of
Business Administration." Other individuals and organizations contributed to the Center, which began with a mandate of furthering the
commercial and economic development of Virginia businesses. Although the Tayloe Murphy Center has evolved over time, it still strives to
fulfill that original mandate.
Olsson Center for Applied Ethics
An international leader in the field of business ethics, the Olsson Center for Applied Ethics
serves as a critical resource for executives, scholars, students, and Darden alumni who are faced with the challenges of integrating
ethical thinking into business decision-making. It is ranked among the top academic centers for the study of ethics.
- The teaching program in ethics at The Darden School.
- A Ph.D. degree program in Management with an emphasis on Business Ethics. The Darden School is the only business school with this
- Ruffin Lectures: nationally recognized, two-day biannual academic seminars published as The Ruffin Series In Business Ethics.
- Editorial responsibilities for the Encyclopedic Dictionary of Business Ethics published by the Blackwell Encyclopedia of Management.
- Visiting Scholar's Program. Olsson Fellows, scholars from around the world, spend from one week to one semester at the Olsson Center
working on joint research projects with Center members.
- Publications for academics and practitioners.
- Case studies in business ethics, health care ethics, and environmental ethics.
- Development of joint ethics programs with the School of Medicine, School of Engineering and Applied Sciences, and the McIntire
School of Commerce at the University of Virginia.
- Presentation of lectures on applied ethics issues worldwide.
- Grants and proposals including three NSF grants with engineering faculty on ethical issues on environmental design, and a program
in technology and ethics.
- Involvement with the University of Virginia-wide Institute for Practical Ethics.
- Advisor for student-directed Values Based Leadership initiative.
Administration The Center's programs are conducted by the Directors and Senior Fellows from universities and business
corporations. This combination of educators and executives ensures that Center programs and projects remain relevant to scholars,
students, alumni, and other executives.
History In 1966 the Elis and Signe Olsson family of West Point, Virginia, founded an agency to focus on "efforts to improve
standards of behavior in both public and private business" at the University of Virginia's Darden Graduate School of Business
Administration. Over the past three decades, the Olsson Center has helped heighten the awareness of ethical and moral issues in
Endowed Chairs and Special Gifts
The Charles C. Abbott Professorship of Business Administration This professorship honors Charles C. Abbott, the first Dean of
the Graduate School of Business Administration, whose leadership brought the school to a position of national prominence. As the
Converse Professor of Banking and Finance at the Harvard Business School, Charles Abbott was first consulted by the University and the
Sponsor Trustees regarding the establishment of the Graduate School of Business Administration. His cogent advice in these formative
stages convinced the sponsors that he should be the school's first dean. Established by an anonymous donor, the professorship has been
supplemented by the Class of 1959.
E. Thayer Bigelow Research Professorship in Business Administration This professorship is designed to attract and retain
eminent scholars in the field of business administration at The Darden School. It was made possible through the generosity of Mr. E.
Thayer Bigelow, Jr. and is one of several professorships initiated by the Batten Family Leadership Challenge.
The Almand R. Coleman Professorship of Business Administration This professorship honors Almand R. Coleman, a founding faculty
member of the school. For 21 years, Mr. Coleman guided the area of management accounting and control with a firm insistence on
professional standards of conduct by colleagues and students. This chair reinforces a memory of him that is indelible. The
professorship, established by an anonymous donor, has been supplemented by the Class of 1960.
Alumni Research Professorship in Business Administration This professorship was established in 1995 by an anonymous Darden
alumnus in honor of faculty member John L. Colley, Jr. Upon Mr. Colley's retirement, the chair will be renamed for him.
The Dale S. Coenen Professorship in Free Enterprise This professorship was made possible by Mr. Harry E. Figgie of Figgie
International and The Figgie Foundation to support the area of finance.
The Distinguished Professorship of Business Administration This professorship was established by the Board of Visitors to be
granted by the University to a distinguished member of The Darden School faculty.
The Ethyl Corporation Professorship of Business Administration This professorship, established by the Ethyl Corporation, is to
be held by an individual who is teaching a required course in the M.B.A. degree program.
The Paul M. Hammaker Professorship of Business Administration This professorship honors Paul M. Hammaker, who served on the
faculty of the School from 1962 to 1973, after achieving national recognition as president of Montgomery Ward. This chair is a lasting
expression of the respect and gratitude accorded him by his students.
The Isidore Horween Research Professorship Established by Ralph Horween in honor of his father and in memory of his wife,
Genevieve B. Horween. The funds shall be used to attract and retain eminent scholars in the field of small manufacturing enterprises.
The Johnson and Higgins Professorship of Business Administration This professorship was established in honor of Henry W.
Johnson and A. Foster Higgins of the firm of Johnson and Higgins, founded in 1845.
The Paul Tudor Jones II Research Professorship Established in 1996, this professorship in both the McIntire School of Commerce
and the Darden Graduate School of Business Administration was created with a gift from Mr. Jones (College '76). The chair supports a
professor who specializes in the technical analysis of financial and commodity markets and who exposes undergraduate and graduate
business students to the concepts of this field.
The Landmark Communications Professorship of Business Administration This professorship was established by Landmark
Communications, Inc., a newspaper, radio, and television company based in Norfolk, Va.
The MacAvoy Professorship in Business Administration Established in November 1996, this professorship was made possible by Mr.
and Mrs. Thomas C. MacAvoy. Named in honor of Mr. MacAvoy's family, the chair demonstrates a commitment to improving business education
for future corporate leaders.
The Henry E. McWane Professorship of Business Administration This professorship honors a former president of Lynchburg Foundry
Company who served on the Board of Visitors from 1954 to 1962. Mr. McWane was one of the five original incorporators of The Darden
School Sponsors and served as president of the Trustees from 1955 to 1958.
The Arthur J. Morris Professorship of Business Administration This professorship honors Arthur J. Morris, the banker and
financier who created The Morris Plan and who established The Morris Plan Chair of Consumer Credit in The Darden School.
The Tayloe Murphy Professorship in Business Administration This chair was established by an anonymous donor to honor the
memory of W. Tayloe Murphy of Warsaw, Virginia in recognition of his support for the University of Virginia's Graduate School of
The Elis and Signe Olsson Professorship of Business Administration "The professorship shall be dedicated to high concepts of
integrity and ethical conduct in public and private life."
John Alden Purinton, Jr. Visiting Professorship in International Management This professorship was funded by former
faculty member John A. Purinton, Jr. to attract faculty with international business experience.
The Richard S. Reynolds Professorship of Business Administration This professorship honors Richard S. Reynolds, former
president and chair of the Reynolds Metals Company, an illustrious and respected Virginia businessperson.
The Ruffin Professorship of Business Ethics This professorship was funded by the Ruffin Foundation to be given to a
distinguished scholar of business ethics.
The Eleanor F. and Phillip G. Rust Professorship of Business Administration "The purpose of the professorship shall be to
enrich instruction in the Graduate School of Business Administration with courses, seminars, or points of view that otherwise might
not be available in the School in furthering this purpose, persons from the business world as well as from the academic world shall be
eligible for election a person elected to the professorship shall not, ordinarily, be elected a second time."
The C. Stewart Sheppard Professorship of Business Administration This professorship was established to honor the second dean
of The Darden School. Mr. Sheppard served as a member of the faculty from 1961 to 1972 and as dean from 1972 to 1980.
The Samuel L. Slover Research Professorship This professorship was made possible by a Leadership Challenge from the Batten
Family. Its purpose is to attract and retain eminent scholars in the field of business leadership.
The Tipton R. Snavely Professorship of Business Administration This professorship honors Tipton R. Snavely, who, as chair of
the James Wilson School of Economics and the McIntire School of Commerce at the University of Virginia, made the first suggestions to
establish the Graduate School of Business Administration and whose energy and imagination led to the creation of the Sponsors, the
school's founding organization.
The Sponsors Professorship of Business Administration This professorship was established by an anonymous donor and the
Trustees of The Darden School Foundation.
The Ronald E. Trzcinski Professorship of Business Administration Named for a 1971 Darden alumnus, this professorship was
established by the Wuliger Foundation of Cleveland, Ohio, the philanthropic arm of Ohio Mattress Manufacturing Company.
The John Tyler Professorship of Business Administration This professorship honors the 10th president of the United States,
born in Virginia in 1790. Mr. Tyler served as Virginia's governor and was a United States Senator, a member of the House of
Representatives, a Virginia State Senator, and a member of Virginia's House of Delegates. The Class of 1971 has supplemented this chair.
Robert F. Vandell Research Professorship Established from the estate of Robert F. Vandell and gifts from faculty, alumni, and
friends of Professor Vandell and The Darden School.
The James C. Wheat, Jr. Professorship of Business Administration This professorship honors James C. Wheat, Jr., who served as
an active sponsors trustee of the school from 1969 to 1978. Mr. Wheat was founding chairman of Wheat, First Securities, Incorporated, of
The Oliver Wight Professorship of Business Administration This professorship was established by the Oliver Wight Continuing
Trust for Manufacturing Professionalism with funds given by friends and business associates at the suggestion of Joan W. Wight, widow of
The J. Harvie Wilkinson, Jr., Professorship of Business Administration This professorship honors a former president of United
Virginia Bankshares who served on the Board of Visitors from 1966 to 1970. Mr. Wilkinson was a founding member of The Darden School
Sponsors and served as a trustee from 1952 to 1964.
John S. Alfriend Memorial Fund A matching fund donated by the Sovran Bank and friends of Mr. Alfriend for the development of
guest lectureships, case writing, and special research projects.
General Motors Research Scholars Program Established by a grant from the General Motors Foundation to enable the faculty of
The Darden School to initiate scholarly activity in an interdisciplinary investigation of issues central to creating and managing
sustained high performance in organizations.
Wachovia Award For Excellence The Wachovia Awards for Excellence, established by the Wachovia Corporation, recognizes
outstanding research or teaching materials developed by Darden School faculty.
The Everard Meade Fund for Creativity Established by the Class of 1970 in honor of Everard Meade, retired Darden School
lecturer and alumni secretary. Income from the fund supports an annual Meade Award for Creative Leadership to a national business figure
and the Class of 1970 Scholarship for Creative Management.
Ruffin Lecture Series The series will bring leading scholars to The Darden School to give public lectures on business ethics.
The lectures will be published, and manuscripts representing the best thinking in business ethics will be included in the monographs.
Class of 1980 Fund Established to support a symposium of business-government, labor, and academic leaders focusing on issues
of national significance to the business community.
Class of 1964 Entrepreneurship Fund Established by David Walentas and his Class of 1964 to fund a series of annual activities
to expose Darden students to issues and prominent personalities associated with entrepreneurial business ventures.
Honorary Student Awards
Samuel Forrest Hyde Memorial Fellowship Established by his family and friends as a memorial to First Lieutenant Samuel
Forrest Hyde, U.S.A.F., a graduate of the University in the Class of 1950, who lost his life in the Korean War, this fellowship
will be awarded by the faculty, at its discretion, to:
"the student who has successfully completed his or her First Year at the Darden Graduate School of Business Administration of the
University of Virginia and who, of his or her group, has contributed most to the welfare of the School during that year and, by his or
her personality and devotion to the objectives of the School, given the greatest promise of achieving a useful career."
The award entitles the recipient to the income of the fund without regard to financial need.
Frederick S. Morton Awards Established in 1996 with nucleus funding by John W. Sinwell, who received a Darden M.B.A. in 1960.
The cash awards honor retired professor Frederick S. Morton, who taught at Darden from 1957 to 1989, and who exemplified the School's
tradition of a committed, caring faculty. The awards are presented at graduation to an outstanding student in leadership and to the
faculty member who has made the most significant contribution to that student's life.
C. Stewart Sheppard Distinguished Service Award Established by The Darden School Sponsors, this honorary award recognizes
Darden School students for those exceptional contributions to the school or the University of Virginia that are of a non-academic
nature. As used here, "service" is to be interpreted broadly to mean all activities performed by Darden School students (other than
those activities that occur in the classroom during regularly scheduled classes) that benefit the school or any of its constituencies.
Award recipients will generally be members of the graduating class.
William Michael Shermet Award Established by the First-Year Faculty in memory of William Michael Shermet, a graduate of the
University in the Class of 1967 and a veteran of Vietnam, whose first-year studies in the M.B.A. program were interrupted by a terminal
illness, this award is voted by the First-Year Faculty, at its discretion, to:
"the student or students who have demonstrated academic excellence in the First-Year Program and who, by their determination and
constructive attitude and service, have provided an example of responsible competitive spirit for their classmates."
Faculty Awards for Academic Excellence Established by the faculty, these awards recognize the students who, by their scholarly
efforts during the two years in the M.B.A. program, earn the highest average grades in their courses. Recipients of this award are
limited to the top 10 percent of the graduating class.