FROM HERE TO ANYWHERE CAREERS AT DARDEN 2018–19
FULL-TIME MBA • EXECUTIVE MBA • MASTER OF SCIENCE IN BUSINESS ANALYTICS
C A R E E R S AT D A R D E N 2018–19 RANKINGS
Table of Contents BLOOMBERG BUSINESSWEEK No. 2 Learning No. 4 Networking No. 5 MBA Program in the World
01
Welcome
02
By the Numbers
04
Full-Time MBA Career Outcomes
07
Executive MBA Career Outcomes
08
Master of Science in Business Analytics Career Outcomes
10
Where We Work
No. 4 Personal Development and Education
14
Consulting
Experience No. 6 Student Rating of Culture and Classmates No. 10 Post-MBA Salary
15
Consumer Packaged Goods
16
Energy
17
Entrepreneurship
18
Financial Services
19
Health Care
21
Hospitality
THE ECONOMIST No. 1 Education Experience (U.S.); No. 2 globally No. 1 Student Rating of Faculty, for the third
year in a row
No. 1 Overseas Study, for the third year in a row No. 3 Student Rating of Program, for the second
year in a row
FINANCIAL TIMES No. 1 Corporate Social Responsibility (U.S.) No. 2 Employment Outcomes (U.S.) No. 10 Career Services THE PRINCETON REVIEW
22
Manufacturing
23
Real Estate
24
Retail
25
Technology
26
Transportation and Logistics
27
Leadership Advisory Boards
28
Career Team
No. 1 Best Professors, for the third year in a row No. 2 Best MBA for Consulting (Top 3 for the
third year in a row)
No. 2 Best MBA for Management (Top 3 for
No. 4 No. 6 No. 6 No. 7 No. 7 No. 8 No. 9
the third year in a row) Best Campus Environment Best Career Prospects Best Graduate Entrepreneurship Program Best Classroom Experience Most Competitive Students Best MBA for Finance Greatest Resources for Women
DEAR DARDEN STUDENTS, ALUMNI, EMPLOYER PARTNERS AND FRIENDS,
The University of Virginia Darden School of Business is pleased, for the first time in one publication, to present the career outcomes from Darden’s three degree programs: the full-time MBA, the Executive MBA and — our most recent addition — the Master of Science in business analytics (MSBA).
B
ut more than data, this brochure presents compelling success stories of the purpose-driven students who unlocked their “whys” through meaningful career opportunities. We also share new, exciting achievements and progress at Darden’s Career Center. With each passing year, I am more and more convinced that the center's team of career coaches, recruiting specialists and operations staff is the best in the business. Here are a few of our accomplishments from the 2018–19 academic year. Darden Career and Academic Rankings Continue to Rise The 2018–19 academic year marked another full of superlative-worthy rankings. Darden’s full-time MBA rose in every ranking of programs in which the School participates, and to start the 2019–20 academic year, moved up to No. 5 overall in Bloomberg Businessweek.
rooms. The interview rooms feature digital displays and high-definition video cameras to enhance virtual meetings and interviews with companies recruiting remotely. Our D.C. area location housed alumni networking opportunities, crossindustry recruiting events with top employers, and provided center coaches with the space to offer over 270 hours of on-site career coaching at 30 residencies. Strengthening the School’s Career Curriculum
Take a look at the rankings list adjacent to this letter for the full line-up of impressive achievements and accolades. Examining Career Outcomes From the Executive MBA and MSBA Programs For the first time ever, we are pleased to release career outcome data reported by the most recent graduates of the Executive MBA program and the MSBA program. It is especially impressive that the Darden and UVA McIntire School of Commerce teams were able to collect this data from the very first cohort of MSBA graduates. These strong employment outcomes will prove invaluable to prospective students, alumni and recruiting partners in the years to come. I encourage you to explore that compelling data within this report. New Spaces, Places and Platforms to Engage Recruiters in Charlottesville, the DC Area and Beyond In spring 2019, the center moved to the second floor of the Abbott Center on Darden Grounds in Charlottesville. The move brings our services closer to students, providing them with ease of access, and facilitates employer partners’ movement throughout our facilities. We renovated space in the Abbott Center to provide visiting recruiters with a new lounge and new, private interview
Last summer, the center launched a self-paced online program, titled Career Development WhyFinding, or “CDWhy” for short. In response to the needs of Darden’s recruiting partners, the center developed the curriculum to help Darden’s Class of 2021 prepare for the MBA internship and job search earlier than ever. The program helped students gain strong, competitive competencies in their sense of self, recruiting presence and understanding of MBA hiring industries. Based on the success of CDWhy for full-time MBA students, the center will expand the program for Executive MBA and MSBA students this year. For the Executive MBA, career coaches now partner closely with Connie Dunlop, executive director for professional advancement, to deliver content that is stronger and more relevant than ever for Darden’s executive format students. On behalf of Darden and the Career Center, we thank you for your partnership as we put our purpose — our why — to work. Best regards,
Jeff McNish Assistant Dean for Career Development +1-434-297-7971 McNishJ@darden.virginia.edu
01
YO U R P U R P O S E I S O U R P A S S I O N
IT’S SIMPLE: O U R W H Y I S YO U R WORK. An Executive Summary of Success 2018–19 Activities Supported by the Career Center
32
student-led career and affinity clubs at Darden that partner with the Career Center
1,210
3,413 368 career coaching appointments with Darden students
jobs posted in Darden's career portal for full-time MBA, Executive and MSBA students
02
recruiting events held in Charlottesville and the D.C. area
2,222
on-Grounds interviews available
67
129
companies held recruiting events on Grounds
Second Year Coaches
Meet the Class of 2019 Students Whose Purpose Drives Professional Reward Full-Time MBA Class
Executive MBA Class
MSBA Profile Class
335 graduates
122 graduates
39 graduates
36 countries represented
29% women
28% women
31% international
22% underrepresented minorities
17% underrepresented minorities
38% women
13 states represented
12 average number of years of work experience
18% underrepresented minorities
12 countries represented
39% earned previous graduate degree
713 average GMAT
12 average years of work experience
53% identified as seeking to change careers
3.5 average undergraduate GPA
55% identified as career switchers
39% identified as seeking to climb within their
26% identified as seeking to climb within
current organizations
their current organizations
8% identified as seeking to enhance their
19% identified as entrepreneurs
current careers
WE EMPOWER STUDENTS IN THEIR GOALS TO CREATE VALUE AS PURPOSE-DRIVEN LEADERS. We challenge students to pursue what drives
them and help them build lifelong skills for career success. We meet students where they are. We seek and sustain mutually beneficial partnerships with companies that make an impact around the world. Our work connects a diverse mix of exceptional companies and students to ensure the best possible employment outcomes. Every year, our team of experts provides one-on-one career coaching to over 900 Darden students and travels around the globe to meet over 130 world-class companies seeking the next generation of business leaders. We love our jobs, and we’re enthusiastic about our outcomes. We make sure our students and recruiting partners can say the same.
The Highest Salaries Ever for Darden Graduates
FULL-TIME MBA CAREER OUTCOMES In class and out, the full-time MBA allows students to pursue their
AVERAGE STARTING SALARY
$135,168
*
6% year-over-year base salary increase for students in the full-time MBA Class of 2019 versus the Class of 2018 AVERAGE SIGNING BONUS
$33,458
96%
97%
RECEIVED A FIRST OFFER BY THREE MONTHS AFTER GRADUATION
ACCEPTED AN OFFER BY THREE MONTHS AFTER GRADUATION
purpose in the form of professional
reward through daily access to career development resources, recruiting
14-year high in percent offers received
a School record in percent offers accepted
events and — for the entrepreneurs — offerings that can spring a big
idea to success before graduation day.
90%
INTERNSHIP OUTCOMES
International Students See Big Jump in Offers Received, Accepted
100% FIRST YEAR STUDENTS IN THE PAST TWO GRADUATING CLASSES RECEIVED A SUMMER INTERNSHIP EXPERIENCE
162 GLOBAL COMPANIES HIRED AN INTERN FROM THE CLASS OF 2020
students reported receiving a signing bonus
94%
10% year-over-year increase
international students received a first offer by three months after graduation
94%
18% year-over-year increase
international students accepted an offer by three months after graduation
* All salaries on this page correspond with average base salary only; does not include bonuses or other compensation. In this report and according to MBA CSEA standards, Darden’s Career Center defines international students as students with an F1 visa, or those who require U.S. work authorization.
04
94% OF GRADUATES TOOK A JOB IN THE UNITED STATES, WITH OPPORTUNITIES SPREAD ACROSS THE NATION
31%
NORTHEAST $142,645
7%
17%
MIDWEST $129,559
WEST $126,417
19%
MID-ATLANTIC $131,153
8%
12%
SOUTHWEST $143,196
% of students region average base salary
SOUTH $143,314
6%
INTERNATIONAL ASIA: $121,875 LATIN AMERICA AND CARIBBEAN: $80,173
TOP 10 HIRING COMPANIES FOR THE FULL-TIME MBA CLASS OF 2019
05
Darden’s Full-Time Students Work Across All Major Industries and a Variety of Job Roles
1%
3%
3%
2%
0.3%
Employment by Industry
2%
36% Consulting 24% Financial Services 15% Technology
4%
7% Retail 36%
7%
4% Manufacturing 3% Consumer Packaged Goods 3%
Full-Time MBA Class of 2019
Health Care
2% Hospitality 2%
15%
Real Estate
1% Energy 1% Transportation/Logistics 0.3% Government 0.3% Media/Entertainment
24%
0.3% Nonprofit 0.3% Other
1%
4%
0.3%
2%
Employment by Function 36% Consulting
15%
24% Finance/Accounting 36%
19% General Management 15% Marketing/Sales
Full-Time MBA Class of 2019
4% Information Technology 2% Operations/Logistics 1% Other
19%
0.3% Human Resources
24%
Percentages have been rounded and may not total 100%.
06
Executive MBA Class of 2019 SWITCHERS
E X EC U T I VE MBA C AR EE R O U T CO M E S
76%
average salary increase from beginning of program to graduation
$153,000
*
average reported salary (base + expected bonus) at graduation
Executive MBA Class of 2019 CLIMBERS Executive MBA students are defined by: The switchers — those who want to change careers. The climbers — those who want to move up in their current organizations. And the entrepreneurs. At Darden, the executive formats are tailored for all three, and the career outcomes prove that no matter what a student’s career goals, the Executive MBA delivers ROI.
45%
average salary increase from beginning of program to graduation
$208,500
average reported salary (base + expected bonus) at graduation
CONSULTING
BANKING/FINANCIAL
MANUFACTURING
27%
20%
10%
TECHNOLOGY
HEALTH CARE/PHARMA
OTHER
10%
10%
23%
Executive MBA Class of 2019 ENTREPRENEURS COMPANIES HIRING GRADUATES OF THE EXECUTIVE MBA CLASS OF 2019 Amazon Bank of America Capital One CarMax Danaher Deutsche Bank
EY Johnson & Johnson McKinsey & Co Raytheon Walmart ZS Associates
1 OUT OF 4 Executive MBA entrepreneurs are established business owners
*All salaries on this page correspond with average base salary only; does not include bonuses or other compensation.
07
M AS T E R O F S C IEN C E IN B U S I N E SS A NALYT I C S C AR EE R O U T CO M E S
Intensity of MSBA Experience Facilitates Purpose-Driven Careers
NEW CAREER OPPORTUNITIES
76%
19%
of the Class of 2019 experienced a role or job change
One year of study, incredible results — and that’s in just the first year of the program. UVA’s Master of Science in business analytics program, offered jointly by the Darden School and McIntire School of Commerce, isn’t just a 12-month master’s earned while you work. It’s a trampoline for those building careers in data analytics and a ticket for those seeking to start one.
average salary increase from beginning of program to graduation
$
MSBA Class of 2019 SWITCHERS
30%
average salary increase from beginning of program to graduation
$125,916
*
average base salary at graduation
COMPANIES HIRING GRADUATES OF THE MSBA CLASS OF 2019 Capital One Deloitte Grant Thornton McKinsey Tableau
MSBA Class of 2019 CLIMBERS
6%
average salary increase from beginning of program to graduation
$121,081
average base salary at graduation
* All salaries on this page correspond with average base salary only; does not include bonuses or other compensation.
08
“The MSBA program exists at the nexus of business intelligence and financial management... It challenged me to gain a better understanding of the concepts I was not comfortable with — everything from the way you learn, to the tools you're utilizing.” — JONATHAN MOAK (MSBA '19)
principal deputy assistant secretary (financial management and comptroller) and senior official performing the duties of the assistant secretary (financial management and comptroller), U.S. Army
COMPANIES EMPLOYING DARDEN GRADS
WHERE WE WORK 3M 5th Tide Accenture Admiral Group Adobe ADS AEI AES Corporation AgReserves Alexander Group Alexion Pharmaceuticals AlixPartners Allstate Altman Vilandrie Altpoint Ventures Alvarez & Marsal Amazon American Airlines American Enterprise Institute American Express American Red Cross Amgen Anheuser-Busch InBev Annaly Capital Management Apogee Integration Applied Materials Arabella Advisors Arcadia Power Arcapita Arpex Capital Arvore Immersive Games Astraea Atlantic Group Atlas Travel & Technology Group Avalere Health Baidu Bain Baird Baker Botts Ball Corporation Bank of America Bank of Montreal Banner Public Affairs Barclays Bates White Economic Consulting BB&T Capital Markets BCBSNC BD Bechtel Enterprises Bellwether Education Partners Berkana Patrimonio Bessemer Trust Bionexo BizCorps BlackArch Partners BlackRock Blue Cross Blue Shield of Massachusetts Blue Hawk Investment Group Blue Ridge Partners Blue Sky Specialty Pharmacy BlueStone Venture Partners Booz Allen Hamilton Boston Consulting Group Boston Scientific Corporation Boyd/Leport Schools Bozzuto Brand Foundry Ventures Brandefy Bread
12 10
Bridgespan Group Bridgewater Associates Broadbranch Advisors Brookfield Property Partners Burger King Butterfly Effects CACI International Caesars Entertainment Corporation Cambridge Associates Campbell Soup Company Capital One Capital Square 1031 Caprē Group CareFirst BlueCross BlueShield Cargill CarGurus Carlisle & Company CarMax Carnival Caves Valley Partners CECP Celanese Celgene Cencosud SA Centra Health Cerberus Capital Management CFPB contractor ChemTreat Chevron Chick-fil-A China Merchants Group CIGNA Corporation Cisco Systems Citi Clearview Investments Cleveland Clinic Clockwork Clorox Cloudera Cognizant Technology Solutions Colfax Colgate-Palmolive Company Compare.com Comptroller of Maryland Consolidated Mining Corporation Cooley Corning CoStar Credit Suisse Crestline Investors Ctrip Danaher DaVita Defense Threat Reduction Agency Dell Deloitte Delta Air Lines Department of Defense Department of Veterans Affairs Despegar.com Deutsche Bank DHS Dimensional Fund Advisors Direct Energy Business Department of Energy Dollar Tree Stores Drinker Biddle & Reath DuPont E. & J. Gallo Winery Eastdil Secured
Eastman Chemical Company Eaton Eaton Vance eBay EBSCO Edge Principal Advisors Edward Jones Edwards Lifesciences Electronic Arts Eli Lilly and Company Emerson Engie Entheos Capital Advisors Ernst & Young ESP Medical Solutions Evercore Partners Everest Group Evolution Finance Exelon Expedia.com ExxonMobil Facebook Falabella Falconi Fayez Sarofim FD Stonewater Federal Bureau of Investigation Fidelity Business Consulting Fiji Water FireRock First Annapolis Consulting Five Guys Five Points Capital Flintrock Fire Protection Fluid Edge Consulting Foodland Super Market Ford Fortive Fortress Investment Group F-Prime Capital Freddie Mac Frito Lay GAAM Wealth Advisors Gartner Gelati Celesti General Dynamics General Mills General Motors Company Generation180 Georgetown University Georgia-Pacific
German Academic Exchange Service Goldman Sachs Google Grafine Partners Grant Thornton Greenscape Greystar Gruma Guernsey Guidehouse Hannon Armstrong Sustainable Infrastructure Capital Harris Williams Haynes & Boone HBM Holdings HD Supply Health2047 Healthcare Supply Chain Association Healthpact Henkel Search Partners Hershey Herspiegel Consulting Hewlett-Packard Hexagon Energy High Road Capital Partners Highmark Hilton Worldwide Hogan Lovells Holt International Home Depot HomeTown Bank Hörauf America Houlihan Lokey Hunton & Williams IBM ICF Impact Merchandise inCode Consulting Industrial Inspections and Analysis Inspirato integrateIT Intel Corporation Intralox Investment Counselors of Maryland Investure Itaú Unibanco JPMorgan Chase Jefferies Johns Hopkins HealthCare Johnson & Johnson Jones Lang LaSalle
09
In the last five years, almost 500 global organizations employed Darden graduates from all programs JSI Research & Training Institute Kabbage Kalman and Company Kearney Kettler Development Kevin McCarthy for Congress Key International Knowledge Capital Group Koch Fertilizer Koch Industries Komodo Health KPMG L.E.K. Consulting Land O' Lakes Lazard LCOR Legal & General Investment Management Leidos Lexington Solutions Group Liberty Global Liberty Lane Partners Liberty Mutual Lincoln Financial Group LinkedIn Lionsgate Entertainment L'Oreal The London Company LQD WiFi M&T Bank Manulife Asset Management Markel Corporation Marqeta Marriott Mars & Co Marsh & McLennan Mastercard Mattel Mayer Brown Mayo Clinic McKinsey McMaster-Carr MED-EL Medtronic Mercer MetLife Mexican Federal Electricity Commission Michelin Microsoft MIRA Companies Moelis & Company Monarch Continuing Education Monarch Education and Executive Coaching and Wero Swiss Mondelez International Monumental Sports & Entertainment Morgan Stanley MUFG Americas Multiverse VR Natera National Transportation Safety Board Nationwide Navigant Consulting NAVSEA Nelson Mullins New Balance NEXT LEVEL Partners NextEra Energy Nomura North Carolina Republican Party
The North Highland Company Notarize Off The Grid Office of Congressman John Carter Office of the Director of National Intelligence Oliver Wyman Omnibond Orchard Global Asset Management Over the Horizon Owens and Minor Parthenon EY Partners Group Paula's Choice PayPal PBE Group PEAK6 Investments Peer Insight PepsiCo Perceptronics Solutions Perfect Sense Pfizer PGIM Phoenix Solar Pike Corporation Pillsbury Winthrop Shaw Pittman Pimco Pinheiro Neto Advogados Piper Jaffray Pivotal Software Population Council Pound, Feinstein & Associates PowerPlan PPL Electric Utilities Princeton University Private Advisors Procter & Gamble Prophet Prudential PsiKick PwC Qualtrics Rally Health Raymond James Financial Raytheon RBC Bank RBC Capital Markets Reckitt Benckiser
Red Ventures RedRock Financial Resolve Growth Partners Restaurant Brands International Rialto Capital Management Rock Springs Capital Rockefeller Foundation The Rohatyn Group Rothschild & Co Rotunda Capital Partners Royal Dutch Shell SAG Management Samsung Sands Capital Management SAP Labs America SapientRazorfish SBM Site Services SC Johnson Schlumberger Business Consulting ScottMadden Sheraton Siemens AG Silverstein Properties Sirios Capital Management SmileSIM Snap Soft Tech Consulting SolAmerica Energy Sportlife Group Stand Together Stanton Communications Starbucks Starr Companies Strategic Capabilites Office Sullivan & Cromwell Summit Blue Consulting SunTrust Robinson Humphrey Suzano Pulp and Paper Brazil T. Rowe Price Target Tenaska Capital Management Tencent ThermoFisher Scientific ThingTech Thompson Hospitality Thought Logic Consulting Tishman Speyer T-Mobile
Trammell Crow Tranlin Transportation Security Administration Travelers Traylor Bros. Triangle Insights Group Trumpet Behavioral Health Turner Enterprises Twitter U.S. Air Force U.S. Congress U.S. Federal Courts U.S. Department of Defense U.S. Department of Treasury U.S. Marine Corps U.S. Military U.S. Navy U.S. Secret Service U.S. Special Operations Command Uber UBS UCAP Investment Advisors UCSF Medical Center Udacity UGI and AmeriGas Under Armour United Technologies Corporation University of Maryland Department of Emergency Medicine University of Virginia University of Virginia Health System University of Virginia Licensing & Ventures Group University of Washington UP Education Network UPS Urban Land Institute USAA Valuenex Vanguard Versum Materials VIP.com Vipshop Virginia Hospital & Healthcare Association Virginia Pilot Association Visual Supply Company VMware Vulcan Value Partners Wallace Montgomery Walmart Washington Nationals Baseball Club Wayfair WBCM Construction Services Wellington Management Company Wells Fargo WestRock Whirlpool WillowTree Wood Group Workday The World Bank Wunderman Yelp Zappos Zignal Labs Zillow ZS Associates
11
Darden Provides World-Class Career Resources to International Students New STEM OPT Eligible Specialization in Management Science
Dedicated Career Coach With Leading Expertise in the Field
Affinity Clubs Enhance the AwardWinning Darden Experience
Darden's STEM designated specialization provides international students with a unique hiring advantage. Through this specialization, students gain in-demand quantitative and analytical skills, as well as eligibility for 36 months of post-graduation U.S. work authorization without an H1B visa.
International students have the unique opportunity to partner with Denise Karaoli, director of international student careers, during their time
The School's numerous student-run affinity clubs work together to provide a complete and well-rounded experience to Darden's international students. Eight affinity clubs are dedicated to specific global regions, with dozens more student organizations to join.
at Darden.
Career Outcomes Stronger Than Ever for Darden's International Students
WHERE WE COME FROM
ACCEPTED JOB OFFERS NON-HOME COUNTRIES AND NON-UNITED STATES HOME COUNTRIES
5%
16%
2019 About one-third of degree-seeking students come from outside the U.S.
78%
38
COUNTRIES REPRESENTED
UNITED STATES
TOP FIVE INDUSTRIES FOR INTERNATIONAL STUDENTS Technology Financial Services Consulting Retail Manufacturing
12
International Students' Starting Salaries on the Rise
Gaining Insider Perspectives From Alumni and the Career Center
$128,835
ALLYN ZHU (MBA/MSDS ’19) Prior to Darden: planning supervisor, PHD Media Worldwide (Shanghai, China) First Year internship: intern, JD RUN (Beijing, China) Postgraduate career: global strategist, Samsung Global Strategy Group (Seoul, South Korea) “When I started at Darden, the Career Center provided critical recruiting resources. It helped me to plan ahead and better allocate my time on target industries. Darden’s alumni have always been responsive when I reach out for an insider’s perspective on their day-to-day jobs or their company culture. I received many good insights from Darden alumni at Samsung when I was preparing for its interview and deciding on the offer. They also helped me throughout the transition from the United States to South Korea, where I had never been before I landed the job.”
$120,769
2015
2019
Average base salary for international full-time MBA graduates
Classmates Offer Strong Support During Transition to Life in Charlottesville GODWIN MARFO AHENKORAH (MBA ’19) Prior to Darden: B2B customer value management specialist, Vodaphone (Accra, Ghana) First Year internship: summer associate, JPMorgan (New York, New York) Postgraduate career: associate, JPMorgan (New York, New York) “I was looking for a business school that emphasized great community, employed the case method teaching approach and had good career opportunities for international students. Throughout my interactions with current students and alumni, Darden stood out to me in all these areas. Charlottesville is the first place outside of Ghana I've ever lived and my classmates have been very supportive as I've transitioned to life at Darden.”
13
AN INSIDE LOOK AT THE TOP 12 INDUSTRIES
1
CONSULTING 2015–19 Top Employers of Full-Time MBA Graduates
Transforming Academic Intensity into Professional Success KIMBERLY HAMES (MBA ’04, MSBA ’19) Prior to Darden MSBA program: head of consumer engagement and wellness, Mosaic Health Solutions Postgraduate career: specialist leader, Deloitte Digital
$152,881
“The MSBA was a tough yet enlightening program. I’m much more informed about big data and how to leverage it to uncover new insights for innovation. I’ve also gained confidence that I have the knowledge and vernacular of the latest AI methods to lead my product innovation teams.”
$137,039
2015
2019
Average starting salary for full-time MBA graduates
Empowered by Award-Winning Faculty and the Case Method PRAVANJAN DAS (MBA ’19)
34% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN CONSULTING, ON AVERAGE
14
Prior to Darden: consultant, PricewaterhouseCoopers First Year internship: summer consultant, McKinsey & Co. Postgraduate career: associate, McKinsey & Co. “Darden was a great fit for me for a multitude of reasons. First, I had been working for six-plus years prior to Darden, and I knew I would fit best into a case-based pedagogy. Second, I wanted to be wowed by the faculty, and Darden has consistently been top-ranked for its quality of professors.”
CONSUMER PACKAGED GOODS
2
2015–19 Top Employers of Full-Time MBA Graduates
Becoming a Better Leader and Business Owner by Broadening Perspectives HANNA DOBBELS-MCCARTHY (EMBA ’19) Prior to Darden: founder, barre.[d] boutique fitness studio Postgraduate career: marketing leadership development program, Johnson & Johnson
$106,125 $100,667
2015
“I choose the Executive MBA program because I wanted to be challenged and the opportunity to spend time fine tuning my approach to leadership. I also was hoping for a broader perspective while owning my own company. Part of what drew me to pursue my career in marketing was the insight I gained about my life throughout my time at Darden. From case studies to conversations, I was exposed to so many new possibilities that shaped my next step post-graduation.”
2019
Average starting salary for full-time MBA graduates
4% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN CONSUMER PACKAGED GOODS, ON AVERAGE
15
3
ENERGY 2015–19 Top Employers of Full-Time MBA Graduates
The School’s Career Center Is Essential to Student Success CLAUDE GUINCHARD (EMBA ’19) Prior to Darden: senior structuring analyst, Direct Energy Business Postgraduate career: vice president, risk and systems, Marathon Energy
$114,667 $111,400
2015
“The Career Center was an invaluable resource to me from Day One. The moment I arrived on campus for orientation week, I sought out the members of the center. They were essential in helping craft my brand and coaching me through the interview process. During year two of the program, I was offered a leadership position at a midsize energy firm that satisfied my need for a role that was both technical and entrepreneurial. I credit my career climb to the Career Center and overall Darden community.”
2019
Average starting salary for full-time MBA graduates
Darden’s Alumni Bring Beneficial Impact to Students’ Career Decisions
1% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN ENERGY, ON AVERAGE
16
ITAY RON (MBA ’19) Prior to Darden: finance department project manager, BDO Consulting Group First Year internship: finance intern, Apex Clean Energy Post-graduate career: senior financial analyst, Exelon “The Darden alumni at Exelon have been a huge resource both before and after the recruiting process. From providing information about the position, to helping me prepare for a day of interviews and, finally, leading the onboarding at the company, the Darden team was always there to support and make sure the transition went smooth. In retrospect, the team was a major factor in my employment decision.”
4
ENTREPRENEURSHIP Complementing over 35 courses in entrepreneurship and innovation, the Batten Institute for Entrepreneurship and Innovation delivers the following co-curricular programs each year. LEARN MORE
darden.virginia.edu/batten-institute Startup Academy A two-day entrepreneurship immersion for Darden MBAs and other UVA graduate students held prior to the start of classes each fall.
Darden and Charlottesville: Changing the Game for Entrepreneurs KIMBERLY DIAZ (MBA ’19)
Batten Technology Venture Fellowship A competitive program that provides Darden MBAs with an intensive,operational experience with an early stage technology venture during a 10-week summer fellowship.
Darden Connect A multiday learning experience for select MBA students focused on pursuing venture careers, so far offering access to venture ecosystems in Austin, Texas, and the San Francisco Bay Area.
Venture Capital Bootcamp A two-day, offsite workshop held annually in the Washington, D.C., area for MBAs interested in pursuing opportunities in venture capital and entrepreneurship.
Venturing Projects (x) A program offering an enhanced level of support for students working on venture projects.
UVA Entrepreneurship Cup A yearlong series of pan-University entrepreneurship competitions that award more than $100,000 in grants and investments.
Prior to Darden: managing director of programming, Teach for America First Year internship: summer intern, Google Post-graduate career: senior account specialist, Google; founder, oneTILT “I chose Darden to round out my skillset, gain new experiences and build strong relationships. Right before applying to Darden, I launched oneTILT, a nonprofit that works to make organizations more diverse and inclusive. I’ve been surprised by how supportive the entrepreneurship community is at Darden, at UVA and in Charlottesville. The Darden VentureLab program is a great option for those who come to Darden with ongoing ventures, and the “Venture Velocity” elective, taught by a local Darden alumnus who is an entrepreneur as well as an angel investor, has been a game changer in taking my organization to the next level. Charlottesville has also been so supportive — from the Tom Tom Founders Festival to connecting with alumni and community entrepreneurs — and I am really lucky to build my startup in this city!”
Batten Venture Internship Program Subsidizes summer internships for MBAs interested in working with with startups, early stage ventures or venture capital firms.
VentureLab Supports entrepreneurs and innovators at UVA and beyond. This summer incubator program is open by application each year to early stage companies and entrepreneurs.
Venture Catalyst A long-format accelerator program offering $20,000 grants, workspace, expert advisors and nearly $50,000 in additional resources to high-potential startups in central Virginia.
17
FINANCE
FINANCIAL SERVICES, HEDGE FUNDS, MUTUAL FUNDS, INVESTMENT BANKING INVESTMENT MANAGEMENT, PRIVATE EQUITY, VENTURE CAPITAL
5
2015–19 Top Employers of Full-Time MBA Graduates
Focusing on Darden’s Industry Experiences to Prepare for a Career in Finance SOPHIE SCOTT (MBA ’19) Prior to Darden: senior associate, PIMCO First Year internship: summer associate, Barclays Postgraduate career: investment banking associate, Barclays
$135,278 $119,462
2015
“I chose Darden because of the case method curriculum and strong finance program … I was especially focused on courses in the investment management and investment banking discipline to help prepare me for my career after business school. As senior portfolio manager for Darden Capital Management, I was responsible for managing a team of three portfolio managers and building consensus and idea generation, which led to long-term investing buy/sell decisions in the portfolio. For the 12-month period in which we ran the portfolio, our performance was about 380 basis points above the fund’s benchmark.”
2019
Average starting salary for full-time MBA graduates
Developing Stronger Professional Techniques to Drive Career Success
26% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN FINANCIAL SERVICES, ON AVERAGE
Within Finance Industry, Students Enter Diverse Careers
ROBERTO ANDRADE (MSBA ’19) Prior to Darden: business consulting, Capital One Post-graduate career: director of people analytics, Capital One “The MSBA program was fundamental for my career transition. About halfway into the program, I changed roles from business consulting to director of people analytics at Capital One. I had been in business consulting for over 10 years and wanted to be directly involved in an analytics function. The program and its case-based approach helped me quickly develop strong foundations on data analytics and machine learning and the ability to connect them to business goals. In my current role, I use the technical and business acumen developed in the program every day.”
53% Investment Industry
6% Venture Capital/Private Equity
31% Financial Services
1% Hedge/Mutual Funds
9% Investment Management
6
HEALTH CARE 2015–19 Top Employers of Full-Time MBA Graduates
Cross-Industry Expertise Is the Darden Advantage LEIGH-ANN WEBB, MD (GEMBA ’19) Assistant professor of emergency medicine, UVA Health System Founder, The Get-Well Company
$117,500
$95,000
2015
“Everyone came in with their expertise. Whether they were looking to climb the ladder or pivot into something else, it was amazing working with my classmates going through the case method and just absorbing and learning from other people who think so differently from each other, because everyone is from different spaces. For me, that was definitely the advantage over a health care MBA exclusively for physicians. With the increasingly complex climate of health care today, the skill set acquired from a formal business education will serve me well for a number of activities including entrepreneurship, administration and operations.”
2019
Average starting salary for full-time MBA graduates
3% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN HEALTH CARE, ON AVERAGE
19
“If you don’t know what you’re passionate about, optimize for your manager. Pick someone who you’d want to work for, no matter what the job is. You’ll figure out what the rest is later.” — NATHALIE CORREDOR
senior vice president of corporate strategy, Hilton Worldwide Leadership Speaker Series 2019
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HOSPITALITY 2015–19 Top Employers of Full-Time MBA Graduates
Becoming a Better Leader and Business Owner by Broadening Perspectives SOPHIE NOSSEIR (MBA ’19) Prior to Darden: recruiter, Henckel Search Partners First Year internship: graduate MBA intern, Marriott Postgraduate career: senior manager of business transformation, Marriott
$115,833
“Darden made me very comfortable working in an industry (hospitality) and in a function (internal consulting) in which I had no prior experience. The nature of the general management curriculum and the case method discussions in each class helped me learn a lot quickly, but also made me comfortable with being uncomfortable. I learned how to ask the right questions to quickly familiarize myself with new-to-me concepts and ideas.”
Average starting salary for full-time MBA Class of 2019 graduates Insufficient data to disclose 2015 median starting salary.
1% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN HOSPITALITY, ON AVERAGE
21
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MANUFACTURING 2015–19 Top Employers of Full-Time MBA Graduates
Experiential Learning Facilitates Deeper Learning at Darden JORDAN GATES (MBA ’19) Prior to Darden: nuclear enlisted program manager, U.S. Navy First Year internship: MBA intern, Emerson Postgraduate career: product manager, ChemTreat
$115,269 $107,642
2015
2019
Average starting salary for full-time MBA graduates
5% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN MANUFACTURING, ON AVERAGE
22
“The MBA has allowed me to pursue my interests, and it has also exposed me to exciting career opportunities that I otherwise would not have known about. Darden is a case method school, with an emphasis on experiential learning, and this approach works better for me. I have learned far more from my classmates than I would have from memorizing textbooks. The military was an amazing opportunity for personal growth, but I left lacking business acumen, and the MBA has helped me fill in these gaps.”
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REAL ESTATE 2015–19 Top Employers of Full-Time MBA Graduates
Gaining Quantitative and Qualitative Competencies BJ GLENN (EMBA ’19) Prior to Darden: senior associate, Brookfield Properties Postgraduate career: senior associate, Silverstein Properties
$110,000 $106,667
2015
“I came to business school to gain a financial foundation, something I knew was integral to my future growth and success in the commercial real estate industry. I had not given much thought to the soft-skill classes I would take, but I can say now that I am so grateful for what I learned in each of those classes, and I recognize them as equally valuable to my future career growth.”
2019
Average starting salary for full-time MBA graduates
Tapping the Network to Gain a Foothold in Unique Industry DIEGO PACHECO (MBA ’19)
1% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN REAL ESTATE, ON AVERAGE
Prior to Darden: transaction manager, global corporate services, CBRE First Year internship: summer associate, Beacon Capital Partners Postgraduate career: associate, PGIM “Real estate does not follow the traditional consulting and investment banking on-campus recruitment cycles. While applying to business school, I was keenly aware of this given my career goals. However, I ultimately chose Darden due to its deep alumni pool working in the real estate industry. It was this highly responsive and engaged alumni community that ultimately enabled me to understand that my career goals best aligned with the real estate investment space and to source internship and full-time employment opportunities.”
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RETAIL 2015–19 Top Employers of Full-Time MBA Graduates
Elevating the Academic Experience Through Diversity of Thought and Experience ZHANA EDMONDS (MBA ’19)
$126,500 $110,000
2015
2019
Average starting salary for full-time MBA graduates
7% 1%
2015
2019
Percent of graduates of MBA classes who entered careers in retail
24
Prior to Darden: events director, Interactive Advertising Bureau First Year internship: marketing analyst MBA intern, Expedia Postgraduate career: senior marketing manager, Wayfair “I now understand that my past life as an event manager gives me a very unique perspective that others don’t have. In many ways, I have been the most impressed by my classmates who come from ‘nontraditional’ backgrounds because their point of view always changes and elevates the class discussion.”
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TECHNOLOGY 2015–19 Top Employers of Full-Time MBA Graduates
Tapping Into the Tech Industry Through Darden-Cultivated Confidence, Resources JACQUI SNELL (MBA ’19) Prior to Darden: educational enrichment manager, Georgetown University First Year internship: global business sales and marketing MBA intern, Google Cloud Postgraduate career: launch and localization program manager, Google
$121,704 $113,005
2015
2019
Average starting salary for full-time MBA graduates
“The Career Center was a pivotal resource during my career exploration at Darden. As a career switcher, I entered business school seeking to explore and discover other industries where I could succeed. The center provided guidance through this process and was a sounding board as I navigated the recruitment process and new career possibilities. The support of the center was pivotal in helping me navigate the career switching process, gain confidence and refine my approach to be the strongest applicant possible. Their mentorship was essential in my success finding an internship and full-time job that were in a new field and were personally and professionally rewarding.”
2015
2019
13% 18%
16% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN TECHNOLOGY, ON AVERAGE
Percent of graduates who accepted a full-time role on the West Coast
25
TRANSPORTATION AND LOGISTICS
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2015–19 Top Employers of Full-Time MBA Graduates
Discovering the Power of Darden’s Bay Area Network MJ KELLER (MBA ’19) Prior to Darden: national sales manager, Electrolux First Year internship: Batten Institute Technology Venture Fellow, Glynn Capital Postgraduate career: senior business development associate, Uber
$116,875 $100,130
2015
2019
Average starting salary for full-time MBA graduates
2% GRADUATES OF MBA CLASSES OF 2015–19 ENTERED CAREERS IN TRANSPORTATION, ON AVERAGE
26
“There’s a great Darden community out on the West Coast, and you have the opportunity to meet them not just through social events but engage with them via career coaching and mentoring. There are Darden people in all different aspects of what’s happening in the San Francisco Bay Area, and to be in the middle of it at a wellrespected startup backed by big time VC was an incredible experience.”
Leadership Advisory Boards Distinguished Leaders Serve as an Innovative Force in Darden’s Global Advancement
CORPORATE ADVISORY BOARD Darden’s Corporate Advisory Board (CAB) advises and supports the School in developing deep and mutually beneficial relationships with global corporations, government partners, foundations and other organizations. The CAB collaborates with the dean, faculty, staff, students and other members of the Darden community to fulfill the School’s mission by supporting and advocating for Darden in many of the world’s leading companies.
GLOBAL ADVISORY COUNCIL The Dean’s Global Advisory Council (GAC) helps Darden build a critical mass of leaders, executives and managers within established, growing and emerging economies; strengthen Darden’s influence on business and society worldwide; and to grow the recognition of the Darden brand in key regions of the world.
“Our leadership advisory boards are comprised of exceptional alumni and friends of the School. These volunteer leaders impact Darden in so many ways, and we are grateful for their dedication to our students, faculty, alumni and staff. SCOTT C. BEARDSLEY, Dean and Charles C. Abbott Professor of Business Administration
Darden has two distinguished advisory boards in addition to the CAB and GAC – the Alumni Association Board of Directors and the Dean's Diversity Advisory Council. The CAB and GAC are highlighted here due to their proximity to the mission of Darden's Career Center.
one hundred thirteen
Top Darden Hiring Companies Represented on the Corporate Advisory Board
FULL-TIME OFFERS
made to the Class of 2019 by companies represented on Darden’s Corporate Advisory Board
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Darden's Career Team Full-Time MBA Career Coaches
Jeff McNish
Christy Gunville
Denise Karaoli
Paul Reeder (MBA ’98)
Assistant Dean of Career Development McNishJ@darden.virginia.edu
Senior Director of Consulting Careers GunvilleC@darden.virginia.edu
Director of International Student Careers KaraoliD@darden.virginia.edu
Senior Director of Financial Services Careers ReederP@darden.virginia.edu
Jeff Tang (MBA '13) Ed Yu Senior Director of Marketing and General Management Careers TangJ@darden.virginia.edu
Senior Director of Investment Banking Careers YuE@darden.virginia.edu
Jenny Zenner (MBA ’03) Senior Director of Technology and Startup Careers ZennerJ@darden.virginia.edu
Executive MBA and MSBA Career Coaches
Kellogg Leliveld
Jim Collins
Sarita Soldz
Becky Worthington Sowers
Director of Career Education and Advising LeliveldS@darden.virginia.edu
Associate Director of Career Education and Advising CollinsJ@darden.virginia.edu
Associate Director of Career Education and Advising SoldzS@darden.virginia.edu
UVA McIntire School of Commerce Director of Operations and Data rmw3v@comm.virginia.edu
Employer Engagement and Recruiting
Casey Floyd (GEMBA ’17)
Pam Cline
Shavone Dudley
Christina Peppas
Director of Employer Engagement and Recruiting FloydC@darden.virginia.ed
Assistant Director of Employer Engagement and Recruiting ClineP@darden.virginia.edu
Associate Director of Employer Engagement and Recruiting DudleyS@darden.virginia.edu
Assistant Director of Employer Engagement and Recruiting PeppasC@darden.virginia.edu
Kate Anderson
Kristen Anderson
Michael Crawley
Mary Shea Watson
Administrative Assistant AndersonK@darden.virginia.edu
Program and Office Manager AndersonKD@darden.virginia.edu
Data and Analytics Manager CrawleyM@darden.virginia.edu
Communications and Marketing Manager WatsonM@darden.virginia.edu
Systems and Operations
FROM HERE TO ANYWHERE
100 Darden Blvd., Charlottesville, VA 22903 USA darden.virginia.edu Career Center coaching@darden.virginia.edu recruiting@darden.virginia.edu +1-434-924-7283
