Tag Archives: Darden School of Business

Financial Times Best B-Schools for Entrepreneurship

Are you itching to start your own company and wondering which business schools would best help you achieve that dream? Entrepreneurship is a hot topic and very popular course of study at today’s business schools. …

business school lifeAre you itching to start your own company and wondering which business schools would best help you achieve that dream? Entrepreneurship is a hot topic and very popular course of study at today’s business schools. As someone who has started more than one successful business, I can attest that I leveraged a lot of my MBA classes and resources into my business ventures.

Let’s take a look at the recent Financial Times ranking of the top 25 business schools for entrepreneurship.  As you can see, seven of the top 10 programs are located in the United States. In fact, US schools accounted for 15 out of the 25 ranked programs.

These programs offer a broad range of courses in entrepreneurship, as well as  significant opportunities for networking with established entrepreneurs, launching start-ups, and developing the skills needed to start successful businesses.

Top Ten MBA Programs for Entrepreneurship

  1. Stanford Graduate School of Business
  2. Babson College’s Olin Graduate School of Business
  3. University of Virginia Darden School of Business
  4. Dartmouth’s Tuck School of Business
  5. UCLA Anderson School of Management
  6. UC Berkeley Haas School of Business
  7. University of Pennsylvania Wharton School
  8. IE Business School
  9. London Business School
  10. IESE Business School

According to the Financial Times, the ranking examines the percentage of graduates who started a company and how many of those businesses were still trading at the end of 2015. It also took into consideration how big a role the school and its alumni played in getting the company off the ground. FT also applied a size threshold–requiring responses from at least 15 entrepreneurs at each ranked school.

I think most people would agree that an entrepreneur needs to know the same basic skills as someone running a more established company. After all, every company began as a startup, launched by an entrepreneur.

If anything, you need to know all of the basics as opposed to specializing in one area. My advice to current and prospective MBA students interested in entrepreneurship is to pay close attention in all of your classes—even in the areas you plan to outsource as soon as you have the budget.

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UV Darden School Fall 2017 Application Deadlines, Essay Prompt

The Darden School of Business at the University of Virginia has previewed the MBA application deadlines and new essay question for the 2016-2017 admissions cycle via the Darden MBA Blog. Deadlines Round 1: October 4, 2016 Round …

Darden MBA application deadlines, essayThe Darden School of Business at the University of Virginia has previewed the MBA application deadlines and new essay question for the 2016-2017 admissions cycle via the Darden MBA Blog.

Deadlines

Round 1: October 4, 2016
Round 2: January 9, 2017
Round 3: April 6, 2017

Essay Question

Describe the most important professional feedback you have received and how you responded to this feedback. (500 words)

In asking this question, the Admissions Committee invites you to reflect on your professional experience – both the lessons you learned and how you have used that information to move forward. Through your answer, Darden hopes to learn more about your background and about how you use feedback to better yourself, as well as how well you can articulate your learnings.

The application for the 2016-2017 Full-time Residential MBA is now live. For more information about the program, please visit the Darden MBA admissions website.

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UVA Darden Launches ‘IDEA’ Course

First-year students at the University of Virginia Darden School of Business will tackle some of the business world’s biggest problems as part of the new “Innovation, Design and Entrepreneurship in Action” (IDEA) course, which debuted …

First-year students at the University of Virginia Darden School of Business will tackle some of the business world’s biggest problems as part of the new “Innovation, Design and Entrepreneurship in Action” (IDEA) course, which debuted February 23rd.

In this class, teams of students will work with leading companies, nonprofit organizations and government agencies in a variety of sectors to solve live field challenges over the next several weeks.

“We want Darden students to develop unparalleled aptitude for real-world problem solving and effective decision making.”

“IDEA is a perfect addition to Darden’s immersive, experiential learning culture,” says Professor Mike Lenox, Darden senior associate dean and chief strategy officer.

Devised in part out of student interest in more experiential learning opportunities, the new course is now required for students in the Class of 2017.

Participants will learn problem-solving skills and project management tools such as design thinking, agile project management, lean startup and data analytics. At the end of the course, students will be able to comfortably handle complex, often ambiguous problems for which there may not be one right answer.

Thirteen companies are participating in the inaugural IDEA course, including:

  • American Society of Clinical Oncology (ASCO)
  • Capital One
  • Land O’Lakes Inc.
  • LinkedIn with the Markle Foundation

Sample challenges for these companies include:

  • How can we improve the market for employers looking to hire skill-based, middle-skill employees? (LinkedIn/Markle Foundation)
  • What role should genetically modified organisms play in feeding the world in a responsible manner? (Land O’ Lakes Inc.)
  • What is the future of rewards within financial services? (Capital One)
  • How can oncology practices integrate palliative care services in a financially viable manner? (American Society of Clinical Oncology)

At the conclusion of the seven-week program, students present detailed solutions to leadership of the sponsoring company.

“In our increasingly turbulent health care environment, sharp business acumen and novel approaches to real-life problems are critically needed in the delivery of high-quality cancer care,” says Dr. Julie M. Vose, president of the American Society of Clinical Oncology.

“ASCO is delighted to participate with Darden on this innovative business curriculum, and we look forward to learning how the students address their assigned challenges.”

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Interview Tips from the Darden MBA Program

Is the University of Virginia’s Darden School of Business on your short list of dream MBA programs? Then be sure to check out this new video blog from the Darden admissions team, which shares solid …

Is the University of Virginia’s Darden School of Business on your short list of dream MBA programs? Then be sure to check out this new video blog from the Darden admissions team, which shares solid advice for those hoping to interview at this top-tier MBA program.

In it, Admissions Dean Sara Neher gives an overview of the Darden interview process and stresses the three things candidates should focus on for a successful interview experience, which we’ve summarized below.

Pay attention to first impressions: The interview actually begins before the interview, says Neher, so make sure your interactions with your interviewer—or the person setting up the interview beforehand— via email, by phone or in person, are positive and demonstrate your enthusiasm and positive attitude.

Answer questions in C.A.R. format: Applicants should expect to answer behavioral questions during their interview. The “Tell me about a time when…” question can cover many areas, and Neher suggests framing your answer using the CAR format, which she says she learned while working a Procter and Gamble.

The acronym stands for Context, Action, Result. As you answer the question, you’ll first summarize the situation, then tell the interviewer what you did, and finally discuss what happened afterward. Remember to include anything quantifiable—give them the numbers—whenever possible.

Ask a question at the end of the interview: Your interviewer can learn more about you from the kinds of questions you ask him or her, Neher says. So, think of something you’d like to know that you couldn’t find on the company or school website and that works for many kinds of interviewers, no matter their level.

If you can follow these three steps successfully, you’re sure to ace your Darden interview.

You may also be interested in:

UV Darden Tops Forbes List of Most Satisfied MBAs

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UV Darden Tops Forbes List of Most Satisfied MBAs

Wondering which MBA grads feel the most love for their alma mater? According to Forbes‘s list of business schools with the most satisfied MBA graduates, it’s not directly related with the programs that the magazine …

Darden most satisfied MBAs

Wondering which MBA grads feel the most love for their alma mater? According to Forbes‘s list of business schools with the most satisfied MBA graduates, it’s not directly related with the programs that the magazine ranked highest for return on investment back in September.

“Grads from Harvard, Columbia and University of Pennsylvania’s Wharton School had three of the four highest salaries among U.S. schools five years after graduation (only Stanford grads banked more). However, alumni from all three schools rank their job satisfaction among the bottom half of the 50 schools in our universe despite paychecks north of $200,000 on average,” reveals Forbes‘s reporter Kurt Badenhausen.

To come up with the list, Forbes explains that it looks at salary data from the ROI ranking published earlier this fall, and also asks alumni to comment on their satisfaction with their education, and how well  they feel the degree prepared them relative to other MBAs and their current jobs.

Top Ten Business Schools with the Happiest Graduates:

  1. Darden School of Business
  2. Dartmouth Tuck School of Business
  3. USC Marshall School of Business
  4. Michigan State Eli Broad College of Business
  5. Emory University Goitzueta Business School
  6. Stanford Graduate School of Business
  7. Chicago Booth School of Business
  8. MIT Sloan School of Management
  9. UCLA Anderson School of Management
  10. Northwestern Kellogg School of Management

“Some MBA rankings measure satisfaction of students at graduation, but we look at satisfaction five years out of school when students have had time to reflect on their educational experience and how they compare to other MBAs in the labor force,” writes Badenhausen. “Overall students gave their educations very high marks and less so for their current employment situation.”

To learn more about what makes each of these business schools so special in the eyes of their alumni, read the complete article on Forbes.

(image credit: Flickr user tldagny, CC 2.0)

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7 Podcasts to Feed Your Mind This Thanksgiving Weekend

When you finally emerge from your Tryptophan coma this Thanksgiving weekend and have a hankering for some food for thought, check out these illuminating B-school podcasts that cover entrepreneurship, creativity, leadership and marketing tactics. Professor …

When you finally emerge from your Tryptophan coma this Thanksgiving weekend and have a hankering for some food for thought, check out these illuminating B-school podcasts that cover entrepreneurship, creativity, leadership and marketing tactics.

MBA podcasts

Professor Dorie Clark at Duke University’s Fuqua School of Business talks about what it takes to succeed in business today. Whether you’re an entrepreneur or an employee, it’s all about standing out.

From the online publication Kellogg Insight, October’s faculty podcast features two Kellogg School of Management professors and a lecturer about the power of storytelling, as well as their tips to become a better storyteller.

Wendy Huber, Assistant Dean for the Full-Time MBA Program at Darden School of Business offers tips on how to achieve success in business school.

Harvard Business School launched a podcast series this fall called Cold Call, and the episode “Dangerous Mines: Saving Lives Through Leadership” stresses safety in South Africa’s platinum mines.

Brit Morin, founder and CEO of Brit + Co, discusses Inspiring Creativity with Great Content in this podcast from Entrepreneurial Thought Corner at Stanford University.

Nicholas Epley, professor of behavioral science at Chicago Booth School of Business, debunks some dangerous myths about gender differences.

This one falls under the marketing category, but it’s also just really fun and interesting for anyone headed to see “Spectre” this weekend. The Wharton School‘s Knowledge@Wharton publication offers this new podcast: The Spy Whom We Loved: The Enduring Appeal of James Bond.

We hope you enjoy this little bit of brain food and find something useful—and interesting—in each of these suggestions.

Image credit: Flickr user Patrick Breitenbach (CC By 2.0)

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