Endowments and Special Gifts

Endowed Chairs

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. This professorship, established by an anonymous donor, has been supplemented recently by the Class of 1959.

The Almand R. Coleman Professorship of Business Administration   This professorship honors Almand R. Coleman, who was a founding faculty member of the School. For 21 years he 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. This professorship, established by an anonymous donor, has been supplemented by the Class of 1960.

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 course required 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 those students who knew him.

The Isidore Horween Research Professorship   Established by Ralph Horween to honor his father and in memory of his wife, Genevieve B. Horween. The income 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 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 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 in The Darden School The Morris Plan Chair of Consumer Credit.

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."

The Richard S. Reynolds Professorship of Business Administration   This professorship honors Richard S. Reynolds, former President and Chairman of the Reynolds Metals Company, an illustrious and respected Virginia businessman.

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 chairman 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. His 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 Sponsors Trustees.

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, who was born in Virginia in 1790. Mr. Tyler also 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 recently 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 has served as an active Sponsors Trustee of the School from 1969 to 1978 and has continued as a Trustee Emeritus from 1978 to the present. Mr. Wheat is Chairman of Wheat, First Securities, Incorporated, Richmond, VA.

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 Oliver Wight.

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.


Special Gifts

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.

The IRC Executive-in-Residence   This visiting professorship was established by Industrial Relations Counselors, Inc., and is "dedicated to the advancement of the knowledge and practice of human relationships in industry, commerce, education and government ...."

Citibank/Darden Faculty Scholars   Established by Citibank to support the professionalism of the Darden faculty in their globalization focus and attendant field research.

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.

Curry-Darden Educational Leadership Program   Established by a grant from Philip Morris Corporation to support management leadership education for practicing K-12 school administrators in partnership with school districts and corporations.

Wachovia Award For Excellence   The Wachovia Awards for Excellence, established by the Wachovia Corporation, each fall term recognize 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-to support a symposium of business-government, labor, and academic leaders focusing on an issue 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 activities to expose Darden students annually 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, on the following basis:

To the student who has successfully completed his or her first year at the Colgate 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 will entitle the recipient to the income of the fund without regard to financial need.

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, on the following basis:

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 of the School, these awards recognize those 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.


Master's of Business Administration Program

Admissions

Office of Admissions
The Colgate Darden Graduate School of Business Administration
University of Virginia
Box 6550
Charlottesville, VA 22906-6550
Phone (804) 924-7281
(800) UVA-MBA-1
E-Mail: darden@virginia.edu
Application   Each candidate must complete an application, which includes several essays. The Committee on Admissions carefully reviews these essays for both content and writing ability. The application fee is $75.

Transcripts of all academic work are reviewed for overall grade average, trends of grades, and particular scholastic strengths.

Two recommendations are required from persons who are able to evaluate the applicant's academic or work performance. For applicants with significant work experience, it is helpful if both recommendations are work-related.

All applicants are expected to take the Graduate Management Admission Test (GMAT), administered four times each year by the Educational Testing Service. We urge applicants to take the GMAT in October or January, so that admissions decisions can be made by early in the spring. Applicants taking the GMAT in March or June will be evaluated on a space-available basis.

Applicants whose native language is not English must take the Test of English as a Foreign Language (TOEFL), and the Test of Spoken English (TSE), administered by the Educational Testing Service.

Interviews   While not required, personal interviews are strongly recommended and become part of the evaluation process. Prospective students are encouraged to visit the School, to attend a class with a current student, and to talk with a member of the admissions staff. Visits are scheduled between September and March when classes are in session. To arrange to visit the School, or for further information, write or call The Darden School.


Financial Assistance

In its program of financial assistance, the School's objective is that lack of financial resources shall not bar qualified students, although it may represent a substantial obstacle which the student and the School will have to work together to overcome. The School can help, through scholarships and loans, to assume much of the financial burden. No financial assistance will be offered in the form of employment, and students should not plan to work during the school year. Loans and scholarships are used to complement each other, and in the administration of the School's program, consideration is given to differences in need arising because of marital status, differences in tuition applicable to Virginians and non-Virginians, or to other factors.

The Darden School awards both scholarship and loan assistance to students who are U.S. citizens or permanent residents of the United States.

U.S. citizens or permanent residents seeking any type of financial aid through the University must file a statement of financial resources. The Office of Financial Aid requires that financial aid applicants use the Free Application for Federal Student Aid (FAFSA). All parts of this form must be completed for the applicant, the applicant's spouse.or prospective spouse (if applicable), and the applicant's parents or step-parents unless the applicant is financially independent as defined by federal guidelines. (Most Darden applicants qualify as independent.)

The required FAFSA and University financial aid forms can be obtained directly from: Office of Financial Aid, 918 Emmet St. N., University of Virginia, Charlottesville, VA 22903, or call (804) 982-6000.

Financial aid decisions are made and admitted students notified of awards in April. In order to receive timely financial assistance award notification, applicants who wish to be considered for loan assistance should apply by March 31.

Applicants will not be considered for financial assistance until they have been admitted to The Darden School. The admissions decision is made without regard to an applicant's financial situation.