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University of VirginiaDarden Graduate School of Business Administration

RECRUITMENT AND SCHOLARSHIPS/FELLOWSHIPS

What programs and initiatives has your school found successful in the recruitment of minority and/or female students?

Darden partners with The Consortium for Graduate Study in Management, Forté Foundation, Management Leadership for Tomorrow, the Ten SchoolDiversity Alliance and the Toigo Foundation, and hosts the Lead Summer Business Institute. Each year, Darden also hosts Discover Darden. DiscoverDarden is designed to introduce talented African-American, Hispanic and Native American applicants to Darden and the Consortium for GraduateStudy in Management. The Black Business Student Forum (BBSF), Darden African Business Organization (DABO) and the Hispanic Network atDarden (HAND) come together to share their experiences on the journey to B-school during this event. The event takes place in the fall and informationon how to register will be available on the admissions website by late August.

Visit our Darden website, Diversity at Darden, at www.darden.virginia.edu/html/area.aspx?area=diversity.

The Consortium for Graduate Study in Management www.cgsm.orgThe Consortium for Graduate Study in Management is the country’s preeminent organization for promoting diversity and inclusion in Americanbusiness. Through an annual competition, The Consortium awards merit-based, full-tuition fellowships to America’s best and brightest diversecandidates. In conjunction with our member schools, sponsoring companies and elite group of MBA students and alumni, The Consortium has builta 40-year legacy of fostering inclusion and changing the ethnic and cultural face of American business.

Forté Foundationwww.fortefoundation.orgForté Foundation is a consortium of major corporations and top business schools that has become a powerful change agent in educating and directingtalented women toward leadership roles in business. Forté’s mission is to substantially increase the number of women in business by increasing theflow of women into key educational gateways and business networks.

LEAD Summer Business Institutebusiness.leadprogram.orgEvery summer, 11 of the nation’s top graduate business schools host an exciting, intensive program where high school juniors from diversebackgrounds are introduced to career opportunities in a variety of disciplines. Today, LEAD boasts more than 7,000 alumni. More than 60 percent ofLEAD alumni are currently pursuing careers in business; 50 percent of these have received or are pursuing an MBA from a top-25 business school.Darden has been a host school for several years.

Management Leadership for Tomorrow (MLT)ml4t.orgManagement Leadership for Tomorrow is a national nonprofit that has made ground-breaking progress developing the next generation of African-American, Hispanic and Native American leaders in major corporations, nonprofit organizations and entrepreneurial ventures. Today, MLT is thenumber-one source of minority students for the nation’s top-10 MBA programs. For example, more than 90 percent of our MBA prep fellows are offeredadmissions to a top business school of choice.

Ten School Diversity Alliance The mission of the Ten School Diversity Alliance is to impact and influence the diversity of MBA campuses, organizations and the global community.It also strives to increase awareness of and participation in graduate management education by underrepresented populations.

Toigo Foundationwww.toigofoundation.orgFounded in 1989, the Robert Toigo Foundation's commitment is to bring increased diversity to the finance industry. As a catalyst for change, ourprograms inspire minority students who might not otherwise have considered finance as their career and provide them with the leadership training,mentoring, tuition assistance and lifelong support they need as they pursue their MBA and launch their finance careers and beyond.

Please describe any scholarship and/or fellowship opportunities for minority and/or female students attending your school.

Darden School Foundationwww.darden.virginia.edu/html/standard.aspx?menu_id=28&styleid=4&id=807The Darden School Foundation is a separate, private entity that supports the Darden School. The foundation's scholarship board offers a number ofmerit scholarships and fellowships designated for underrepresented students. All underrepresented students who are offered admission and are U.S.citizens will be considered automatically for these privately-funded scholarships and fellowships. In addition, minority students are eligible for anyscholarships and fellowships not listed below that are available to any enrolled Darden students. For up-to-date comprehensive scholarship informationand specific information regarding relevant deadlines, please visit the website.

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The Consortium for Graduate Study in Management FellowshipsThe Consortium for Graduate Study in Management is a 14-university alliance designed to increase the enrollment of African-American, Hispanic andNative American students in MBA programs and ultimately in managerial positions in business. Each candidate who qualifies for admission to aConsortium-member MBA school competes for a full-tuition fellowship at that school. The Darden School Foundation Scholarship Committee awardsseveral fellowships each year.

El Paso Corporation Masters of Business Administration ScholarshipThe Sonat Foundation established this scholarship in 1997 to assist and encourage deserving students who are members of groups that areunderrepresented in business schools and the business community. Underrepresented individuals include individuals who are first-generation collegestudents. The scholarship is awarded based on merit, academic achievement, character, leadership ability and verified financial need.

Charles J. Lewis Scholarship Lemuel E. Lewis (MBA 1972) established this scholarship in memory of his father, Charles J. Lewis, in 1985. Lemuel is a Darden alumnus, formermember of the board of visitors of the University of Virginia, former Darden School Foundation trustee and a former member of the board of managersof the University of Virginia Alumni Association. An anonymous donor enhanced this scholarship out of gratitude to Josh Darden and Lem Lewis, bothformer members of the University of Virginia’s Board of Visitors. The scholarship is awarded to minority students from Virginia.

Marietta and Sherwood Frey ScholarshipThe scholarship is named in honor of Professor Frey, who joined the Darden faculty in 1979, and his wife, Marietta. Frey is the Ethyl CorporationProfessor of Business Administration at the Darden School, where he has served as the faculty advisor of the Black Business Student Forum for thelast 25 years. The scholarship was established not only to honor Professor Frey and his wife, but also to provide financial support to students who, asa result of the opportunities afforded them by their education at the Darden School, show promise and commitment to being role models for futuregenerations of African-American leaders.

John Powell ScholarshipJohn Powell (Darden Class of 1982) established this scholarship in 2000 to assist underrepresented students interested in wealth creation andentrepreneurship.

Class of 1975 Marianne Quattrocchi Memorial ScholarshipEstablished by the Class of 1975 in memory of their classmate, this award was created to attract female candidates to Darden who otherwise mightnot attend.

Virginia Kincaid ScholarshipThe Virginia Kincaid Charitable Trust established this scholarship to support women in their pursuit of an MBA. The scholarship is awarded to anincoming first-year woman whose family/parental adjusted gross income is less than or equal to $60,000. To apply for this scholarship, please contactJackie Utz, Director of Foundation Operations, at [email protected]. Applications for the Class of 2011 are due by Monday, April 27th.

John L. Snook, Jr. Minority ScholarshipFamily and friends of John L. Snook, Jr. established this scholarship in 1989 to honor the former Darden professor. While at Darden, John taughtHuman Resource Management and Management of Nonprofit Organizations. He also originated and directed the Darden School LEAD program, asummer session in graduate business education for minority teenagers. The scholarship is awarded to minority students with an interest in thenonprofit sector.

Additional scholarship opportunities outside of the Darden School Foundation:

Morgan Stanley Fellowship ProgramIn an effort to provide students from diverse backgrounds with educational and career opportunities in finance, the Morgan Stanley MBAFellowship offers the following to MBA students of Black and Hispanic descent, who have been historically underrepresented as employeesin the financial services industry, in recognition of outstanding academic achievement:

• A full scholarship that covers tuition and related academic fees (excluding housing) for the 2009-2010 academic year

• A summer associate internship with Morgan Stanley between the first and second years of the recipient's MBA program. Theinternship will be within institutional securities (i.e., global capital markets, investment banking or research) or private wealthmanagement. The internship offers the recipient a unique educational experience and valuable insight into the financial servicesindustry

• The fellowship will be renewed for the 2010-2011 academic year provided certain conditions are met, which are outlined in theFellowship materials

Fellowship recipients will be selected on a competitive basis through an evaluation of the student’s demonstrated academic achievement,recommendations, extracurricular activities, leadership qualities, the student’s own statements as exhibited through the required essays andthe completion of final-round on-site interviews.

Vault/CGSM Guide to Business School Diversity, 2010 Edition

University of Virginia (Darden)

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The Robert Toigo Foundationwww.toigofoundation.orgThe Robert Toigo Foundation is a premier organization supporting the ongoing advancement, leadership and contribution of exceptionalminority graduate business degree students and alumni interested in pursuing careers in finance. The Toigo Fellowship encompasses acomprehensive leadership development program (APEx) that includes professional mentoring and coaching, a merit-based award,networking opportunities and personalized job/career support throughout business school and beyond.

All prospective MBA students who are interested in pursuing a career in finance, and are of African-American, Hispanic, NativeAmerican/Alaskan Native and/or Asian/Pacific Islander descent, are welcome to apply.

*As part of Discover Darden Weekend, special time is dedicated to providing a full overview of financial aid opportunities available to underrepresentedstudents who will attend Darden.

Discover DardenThis event is designed to introduce talented African-American, Hispanic and Native-American applicants to Darden and the Consortium for GraduateStudy in Management.

PROMINENT ALUMNI/FACULTY

Please provide information about prominent minority faculty members at your school.

Raul O. Chao, assistant professor of business administrationProfessor Chao’s teaching and research interests include operations management, new product development, resource allocation strategy andtechnology commercialization. His research is supported by grants from the Georgia Research Alliance and the KPMG Foundation. He is a RobertoC. Goizueta Foundation Fellow and a member of the Institute for Operations Research and Management Sciences (INFORMS), the Production andOperations Management Society (POMS), the American Economic Association (AEA) and the Academy of Management (AoM). He earned his BS inchemical engineering from Johns Hopkins University, his MBA and MS in industrial engineering from the University of Miami and his PhD in operationsmanagement from the Georgia Institute of Technology. Prior to joining the Darden faculty, Chao worked as a management consultant serving U.S. andLatin-American organizations in a wide range of industries including pharmaceutical, biomedical, health care, financial services, hospitality and mediaamong others.

Martin N. Davidson, associate professor of leadership and organizational behavior and associate dean for diversityMartin N. Davidson is associate professor of leadership and organizational behavior and Darden’s second associate dean for diversity. His research,teaching and consulting work focuses on how leaders can use diversity strategically to create sustainable competitive advantage for firms, both globallyand domestically. His research on the impact of culture and ethnicity on career development and on conflict management appears in top managerialand academic publications. His recent research conducted on four continents focuses on critical competencies for managing effectively acrossnational boundaries. These streams of research also serve as the foundation for his emergent work on utilizing or “leveraging difference” to createcompetitive advantage. He is the chair of the Academy of Management gender and diversity in organizations division.

Gregory B. Fairchild, associate professor of business administrationGregory B. Fairchild’s empirical and practical research attempts to answer challenging societal and economic questions about how firms create value,especially in settings that might otherwise be overlooked. To that end, he is the author of a number of teaching case studies that examineentrepreneurship and finance in underserved markets, domestic and abroad. He is currently working on a multi-year project to examine the field ofcommunity-development finance funded by a research grant from the John D. and Catherine T. MacArthur Foundation. Fairchild teaches StrategicManagement, Entrepreneurship and Ethics in Darden’s MBA and executive education courses. Before joining the Darden faculty in 2000, Fairchildtaught at Columbia University.

Erika Hayes James, Bank of America Research Associate Professor of Business AdministrationErika Hayes James, Bank of America Research Associate Professor of Business Administration, is a member of the leadership and organizationalbehavior area at Darden. She was Darden’s first associate dean for diversity and teaches first-year Leading Organizations at Darden. She conductsresearch in the areas of crisis leadership and workforce diversity and has published in several leading academic journals including StrategicManagement Journal, Organization Science, Journal of Applied Psychology and Academy of Management Journal. In her work with executives, sheconducts seminars or consults on how to make decisions under pressure and how to build trust in the workplace. Recently, she was elected by theDarden faculty to serve on UVA’s faculty senate.

Peter L. Rodriguez, associate professor of business administration, associate dean for international affairs and director of the Tayloe MurphyInternational CenterPeter L. Rodriguez teaches classes on global economies and markets. He is an economist and specializes in the study of international business, tradeand economic development, with an emphasis on corruption. His research publications range from theoretical explorations of international tradepolicies and firm behavior to empirical and practice-based studies of issues in international business and management.



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Please provide information about prominent minority alumni from your school.

Thomas J. Baltimore, Jr., MBA, cofounder and president, RLJ Development, LCCRLJ Development, LCC is the nation’s largest African-American hotel ownership company. In 2005, Baltimore led RLJ’s effort to purchase 19 hotels.That acquisition, coupled with a pending deal for an additional 100 properties assures a dominant position for RLJ in an increasingly competitivehospitality market. In his present role, Baltimore brings an entrepreneurial focus to his day-to-day responsibility for RLJ’s corporate activities. He holdsan impressive tenure in the hotel industry. As a former vice president at Hilton, Baltimore focused on lodging and gaming acquisitions andmanagement contract negotiations. Earlier in his career, he held various leadership roles at Marriott Corporation. In 1997, Baltimore received theBaume & Mercer/Forbes magazine award recognizing “Ten Rising Business Stars of Our Time.” Baltimore holds an MBA from the University ofVirginia’s Darden School of Business.

Shawn Lawson Cummings, MBA, vice president of international consumer products marketing and corporate sponsorship, Major League BaseballPropertiesCummings is responsible for all aspects of Major League Baseball’s international licensing operations and corporate sponsorship, and marketingrelationships for business development. Most recently, she managed the business operations for the inaugural World Baseball Classic in March 2006.Her responsibilities included advertising, marketing, sponsorship and licensing. She has been with Major League Baseball Properties since 1995. InJune 2004, Sports Illustrated recognized her as one of 101 Most Influential Minorities in Sports. Additionally, in 2004 Cummings was named one ofthe 25 Most Influential African-American Women in Business by the Network Journal and in March 2005 Black Enterprise named her one of the 50Most Powerful Blacks in Sports. Cummings received her BA from Occidental College in physiology/biology. While in college she was a member of theOccidental track and field team, a two-time NCAA champion in the heptathlon and achieved a nine-time NCAA All-American distinction. Cummingswas inducted into the Occidental College Hall of Fame in 1991. She holds an MBA from the Darden School at the University of Virginia.

Octavia G. Matthews, MBA, regional branch services vice president, Grainger, IncorporatedGrainger is one of North America’s largest and well-known industrial distribution companies with a diverse customer base comprised of facilitiesmaintenance professionals from businesses and institutions of all sizes. Matthews is responsible for ensuring maximum levels of operational excellenceat branches in a seven-state area including Illinois, Indiana, Ohio, Michigan, Wisconsin, West Virginia and western Pennsylvania. She is the formerdirector of contract logistics for Otis Elevator Company, United Technologies, Inc.. At Otis, Matthews was responsible for all marketing activitiesincluding the launching of new products, managing national account relationships and optimizing on technology through implementation of e-commerce initiatives. Matthews devotes spare time to community-based organizations. She is a member of National Sales Network, Junior League ofChicago and a former chapter president of the National Black MBA Association. Recently, she completed a four-year term as an elected member ofthe national finance committee of the Delta Sigma Theta (Public Service) Sorority, Inc. Matthews is a graduate of North Carolina State University witha BS in materials engineering and holds an MBA from the University of Virginia’s Darden Graduate School of Business.

Warren M. Thompson, president, chairman and founder, Thompson Hospitality CorporationAlong with its subsidiary, Thompson Hospitality Services, Thompson Hospitality Corporation ranks as one of the nation's largest minority-ownedbusinesses employing more than 2,500 associates, operating in 40 states and four foreign countries. A commitment to diversity is a hallmark of WarrenThompson’s corporate philosophy. DiversityBusiness.com named Thompson Hospitality a “Top Business” in 2005. Thompson was featured in thesummer 2003 Black MBA Magazine, in which he and his business were characterized as a “true grit” entrepreneurial success story. Thompson is aformer recipient of the Entrepreneur of the Year Award from the National Black MBA Association, Inc. Thompson Hospitality has been repeatedlyrecognized by Black Enterprise magazine as one of the country’s top-100 minority businesses in total revenue and recently was ranked No. 28 amongits “BE 100” list. Thompson holds an MBA from the University of Virginia’s Darden School of Business. He is a former Darden trustee and currentmember of the University of Virginia’s board of visitors.

Carlos A. Valle, MBA, managing director, institutional advisory division, Merrill Lynch & Co. Valle started his career in 1984 at the Aetna Life and Casualty Company in Hartford. He joined Merrill Lynch in New York in January 1989 as a vicepresident in the high yield group of investment banking. From 1990 to 1998, he held various producer and management positions in the debt marketsdivision with particular focus on private placements of corporate bonds and structured finance. He returned to investment banking in November 1998as a managing director in the firm’s private equity group. From 2000 to 2002 he directed recruiting and diversity for global markets and investmentbanking. In November 2002, he joined the institutional advisory division in global wealth management as regional director, overseeing both domesticand Latin American fixed-income and equity institutional sales efforts. He currently serves as national sales manager. Valle holds a BS in economicsfrom the Wharton School, University of Pennsylvania and an MBA from the Darden School at the University of Virginia.

William H. Wright II, MBA, managing director and global director of corporate relationships, investment banking and private wealth managementdivision, Morgan StanleyWright is responsible for integrating Morgan Stanley’s investment banking and private wealth management divisions. He works with corporate clientsin executive and personal capacities. Wright joined Morgan Stanley in 1982 as an analyst in the mergers and acquisitions group, and quickly took onprogressive positions of responsibility: associate; vice president, capital market services division; principal, mergers capital market services division;principal, mergers and acquisitions group; and headed the corporate finance execution group. In that role, Wright was responsible for leading andcoordinating client teams in the execution of complex equity and debt issuances for multinational corporations. In 2002, Black Enterprise magazinenamed Wright one of the “Top 50 African-Americans on Wall Street.” He was honored in 2002 by Worth magazine in Worth’s list of the “Twenty-FiveMost Generous Americans.” Wright holds an MBA from the University of Virginia’s Darden School of Business.



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Please provide information about prominent female faculty members at your school.

Susan Chaplinsky, Tipton R. Snavely Professor of Business Administration and associate dean for faculty scholarshipSusan Chaplinsky teaches Corporate Financing and Entrepreneurship and Private Equity in Darden’s MBA program. Her research interests areprimarily in capital raising and corporate finance, with specialized interests in private equity, security issuance, capital structure, PIPEs and employeestock ownership plans (ESOPs). She is the author of numerous articles that have appeared in the Journal of Finance, Journal of Financial Economics,Journal of Business and Financial Management. Before coming to Darden in 1994, Chaplinsky was a visiting associate professor at NorthwesternUniversity, where she was named the Kellogg Outstanding Professor. She has also taught at the University of Michigan’s Ross School of Business. Sheholds her doctorate in business economics from the University of Chicago’s Booth School of Business.

Jeanne M. Liedtka, professor of business administrationJeanne M. Liedtka is a faculty member at the University of Virginia's Darden Graduate School of Business and former chief learning officer at UnitedTechnologies Corporation, where she was responsible for overseeing all activities associated with corporate learning and development for the Fortune50 corporation, including executive education, career development processes, employer-sponsored education and learning portal and web-basedactivities. At Darden, where she formerly served as associate dean of the MBA program, and executive director of the Batten Institute, Liedtka workswith both MBAs and executives in the areas of strategic thinking, collaboration and leading growth. Her passion is exploring how organizations canengage employees at every level in thinking creatively about the design of powerful futures. Liedtka received her DBA in management policy fromBoston University and her MBA from the Harvard Business School. She has been involved in the corporate strategy field since beginning her careeras a strategy consultant for the Boston Consulting Group.

Marian C. Moore, professor of business administration Marian C. Moore teaches first-year Marketing at Darden. Her research focuses on marketing management, marketing strategy, responses to advertisingand marketing managers’ decision making processes. Moore has taught at Darden since 2000. She is a faculty member of Duke University’s FuquaSchool of Business, where she has served as associate dean for executive MBA programs. She has also taught at INSEAD.

Patricia H. Werhane, Ruffin Professor of Business Ethics and senior fellow of the Olsson Center for Applied EthicsPatricia H. Werhane holds a joint appointment at Darden and DePaul University, where she is Wicklander Chair in Business Ethics and director of theInstitute for Business and Professional Ethics. Werhane teaches Ethics courses in the Darden MBA program and heads the school's doctoral programoperating committee. A prolific author, whose works include Moral Imagination and Management Decision Making and Organization Ethics for HealthCare, Werhane is an acclaimed authority on employee rights in the workplace, one of the leading scholars on Adam Smith, and founder and formereditor in chief of Business Ethics Quarterly, the leading journal on business ethics. She was a founding member and past president of the Society forBusiness Ethics and in 2001 was elected to the executive committee of the Association for Practical and Professional Ethics. Before joining the Dardenfaculty in 1993, Werhane served on the faculty of Loyola University Chicago and was a Rockefeller Fellow at Dartmouth College. She was a visitingscholar at Cambridge University and the University of Canterbury in Christchurch, New Zealand.

Please provide information about prominent alumnae from your school.

Eileen O. Auen, MBA 1989, chief executive officer, APS HealthcareEileen O. Auen is a recognized leader in the health care industry with more than 15 years of experience in senior-level positions across the managedcare and financial services industries. Before joining APS, Auen served as president of HealthNet of the Northeast. In this role, she led one of thelargest insurers in the tri-state area, serving 1.2 million members. Auen has served as president of CIGNA Healthcare—Southeast Region, where sheled a business serving 2.3 million health care members. She was also previously senior vice president of Intracorp, CIGNA’s care managementsubsidiary, which served more than 20 million members nationally. Auen received a bachelor’s degree, magna cum laude, in economics and financefrom Towson University in Towson, Md., and earned an MBA from the University of Virginia’s Darden School of Business in 1989.

Martina Hund-Mejean, MBA, chief financial officer, MasterCard WorldwideAt MasterCard, Martina Hund-Mejean is responsible for all financial functions, including financial reporting, investor relations, planning, treasury, tax,new markets and investments, and enterprise risk management. Prior to joining MasterCard in 2007, Hund-Mejean served as senior vice presidentand treasurer of Tyco International Ltd. She joined Tyco in 2002 as part of its “new” management with responsibility for all areas of treasury, mergers,acquisitions and divestitures. During her tenure with Tyco, she executed $6 billion in financings in order to address Tyco’s 2002-2003 liquidity crisis.She also revamped the company’s capital structure, including debt reduction and share repurchase programs; introduced a new bankinginfrastructure; implemented revised risk management processes; and was instrumental in streamlining Tyco’s business portfolio, including the mostrecent separation of Tyco’s health care and electronics businesses. Prior to Tyco, she was senior vice president and treasurer of Lucent TechnologiesInc. (now Alcatel-Lucent). From 1988 to 2000, Hund-Mejean held a series of finance positions of increasing responsibility at General MotorsCorporation, both in the United States and the United Kingdom, including the assistant treasurer post. She began her corporate career as a creditanalyst at Dow Chemical in Frankfurt, Germany. Hund-Mejean received a master’s degree in economics from the University of Freiburg, Germany, andan MBA from the Darden Graduate School of Business at the University of Virginia. She has been named one of the “100 Most Influential People inFinance” by Treasury & Risk Management Magazine on three occasions.



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E. Follin Smith, MBA 1985, former executive vice president, chief financial officer and chief administrative officer, Constellation EnergyConstellation Energy is a Baltimore-based Fortune 500 company with 2003 revenues of $9.7 billion. It is the nation’s leading competitive supplier ofelectricity to large commercial and industrial customers and one of the nation’s largest wholesale power sellers. Constellation recently merged withFPL in an $11 billion all-stock deal. Before joining Constellation Energy, Smith served as senior vice president and CFO of Armstrong Holdings andalso as CFO for General Motors' Delphi Chassis Systems division. In addition to her distinguished corporate role, Smith is a member of the DardenFoundation's board of trustees and chairs the Darden Foundation’s finance committee. She earned her MBA from Darden in 1985.

Margaret Stender, MBA 1983, president and chief executive officer, Chicago SkyIn 2005, Margaret Stender became the first team president of Chicago Sky, the Women's National Basketball Association (WNBA) team. The ChicagoSky is the newest team in the WNBA. Stender is president and CEO of the Chicago Sky. She has 21 years of experience in marketing and businessmanagement; some of her recent work has been as the president of the Juice Drink division for PepsiCo, president for Quaker Oats ready-to-eat cerealdivision, senior vice president and general manager of consumer travel solutions for Rand Mcnally & Co. and vice president of marketing for AmeritechNew Media. During college, she was a Division I student athlete at the University of Richmond, where she played basketball for the Spiders and waselected as a cocaptain for three years. Stender decided to take her team-building experience into the business world and went back to school at theUniversity of Virginia to get her master’s degree in business. She is a Darden 1983 graduate.

CURRICULUM AND RESEARCH

Please provide information on any classes and concentrations that focus on issues related to women or minorities.

MBA courses

Leadership and Diversity through LiteratureIntegrates diversity and leadership themes while broadening literary exposure. Course readings have culturally diverse protagonists whoconfront leadership challenges and continue to influence our thinking and assumptions about how we manage people.

Cross-cultural internshipEnables students to use their summer employment experience to increase their knowledge of a foreign culture and to address the challenges of workingin a culture other than their own.

Case work and new researchThrough research by its faculty, Darden aims to improve the quality of its educational programs, to enable both students and practicing managers tounderstand more fully the process of business and management, and to strengthen its reputation as a center of learning and discovery.

Please describe any faculty and/or student research projects that focus on diversity, multiculturalism and minority issues.

Darden Associate Professor Greg Fairchild is exploring the potential for businesses to improve the welfare of people living in low-income neighborhoodsin his path-breaking research on entrepreneurship in the inner city. In late 2007, the John D. and Catherine T. MacArthur Foundation, a nonprofitinstitution that funds groups and individuals working to improve the human condition awarded Fairchild a three-year grant of $850,000 to undertakea study of community development financial institutions, nonprofit or governmental organizations that provide financial services to low-incomecustomers. "Much of the research done in business schools focuses on initial public offerings, CEO behavior and CEO compensation packages in largeorganizations," Fairchild said. "While business scholars tend to study race in the context of individual corporations, I'm interested in the interactionsbetween businesses and communities—how the business sector influences the lives of poor and middle-income people, and how the racial dynamicsof inner-city communities affect the businesses in their midst." Fairchild has found that entrepreneurship rates are lowest in neighborhoods where theconcentration of African-Americans is highest. As middle-class Blacks move out of inner-city neighborhoods and into the suburbs, those left behindare less educated. There are fewer resources—physical, intellectual and financial—available to start businesses. Fairchild is one of the firstmanagement theorists to explore segregation's effect on self-employment and entrepreneurship and make sense of it, and he’s addressing the questionof what to do about it.

Darden’s diversity initiativeMartin Davidson, Darden’s second associate dean for diversity, discussing his role at the Darden School:

“It is incredibly challenging to build the consensus needed to move an institution to the place where it can leverage the differences among its peoplein ways that transform the place. Ultimately, I accepted the position (associate dean for diversity at Darden) because I wanted to engage that challengeand try to make a difference at Darden.

“As I embark on my new position, I am strongly committed to generating and communicating a strategy for driving diversity-focused change. And mostimportantly, I am committed to making every activity I support clearly connect to that strategy. In the vast majority of corporations and institutions Ihave studied and consulted with, one of the most prevalent patterns of action I saw was an organization launching into doing diversity activities—training, social events, cultivating diversity partnerships—without having a guiding strategy. A well-crafted strategy compels us to look more carefully



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at the big picture and decide how to deal with all the important elements—representation, climate for diversity, institutional bias, leadershipcommitment and the broader organizational culture—in creating an inclusive organization.”

Darden case workstore.darden.virginia.edu/ecustomer_enu/start.swe?swecmd=start

Diversity crises: How firms manage discrimination lawsuitsUsing a qualitative research design, Darden faculty developed a model of discrimination lawsuit resolution that identifies types of discrimination, verbaland behavioral responses by the firm, and stakeholder mobilization as key elements in explaining how firms handle discrimination crises. Data frommedia accounts describing firm handling of discrimination lawsuits revealed four paths to lawsuit resolution. Findings are discussed in the context oforganizational responses to threat and institutional theory. James, Erika H. & Wooten, Lynn P. (2006). “Diversity Crises: How Firms ManageDiscrimination Lawsuits.” Academy of Management Journal, 49(6): 1103-1108.

Please describe any symposiums or special lectures that focus on diversity and minority issues organized and/or sponsored by your school.

Lessons in Leadership Lecture SeriesDarden’s Black Business Student Forum sponsors the Lessons in Leadership Lecture Series; a year-long speaker series featuring African-Americanbusiness and thought leaders from a broad cross section of industries who have a proven record of success. The goal of Lessons is to enlighten,stimulate and empower students in the world of practical affairs and serve as a conversation piece around important developments in global businessas it relates particularly to leadership. BBSF presents a different speaker each quarter throughout the year. BBSF also publishes The Connector, theBlack Business Student Forum’s alumni newsletter. BBSF plays host to approximately 35 local elementary school children as part of “Take a Kid toClass Day.” The event, cosponsored by HAND and the Education Club, is intended to give local elementary-age kids the opportunity to interact withpositive role models at UVA and expose them to the many opportunities in business, medicine and law.

Get on the Streetadeyinka.hypermart.net/GOTS/about.htmlDarden students are members of and participate in UVA’s Get on the Street program. Five minority fourth-year students at the University of Virginiaformally created Get on the Street during the fall semester of 2007 after completing successful internships at five of the most prestigious financial firmson Wall Street: Barclays, Citigroup, Credit Suisse, Lehman Brothers and Merrill Lynch. During the internship-recruiting season, the founders realizedthe difficulty of securing these competitive internships and wished to improve the process for minority students by building relationships with firms andmentoring students. What initially started as a forum to exchange information from various investment banks turned into a mentoring, training andnetworking program called “Get on the Street.” Get on the Street has since hosted multiple resume-review sessions as well as a lecture entitled“Navigating an Information Session.” The program collaborates with Wall Street firms to host an interview training session. Get on the Street holdssessions on etiquette and successful interview techniques and plans corporate events in collaboration with firms.

Darden’s Black Business Student Forum Annual BBSF ConferenceThe annual BBSF Conference held on the Darden Grounds each spring focuses on relevant topics in the Darden community, including, but not limitedto, emerging domestic markets, social venture capital and philanthropy, urban education and health care. This past year, BBSF at Darden played hostto more than 150 students, faculty, practitioners and alumni providing workshops, networking events and keynote speakers featuring Bill Strickland,President and CEO of Manchester Bidwell Companies, and speakers from JPMorgan Chase, Grameen Foundation, Mercy Corps, Green for All, CalvertFoundation, Bank of America Capital Access, The Reinvestment Fund, Opportunity Finance Network, M2Z Networks and Children's Health Fun. The2010 Conference will take place on April 9, 2010 in Charlottesville.

Latin American Student Association ConferenceThe Annual LASA Conference at Darden affords an opportunity for students to discuss Latin America’s economic and political situation, as well aschallenges and trends in emerging markets. Vicente Fox, the former president of Mexico, was the keynote speaker of the Latin American StudentAssociation Conference, cosponsored by the Darden Leadership Speaker Series and held April 28, 2009.

ORGANIZATIONS AND STUDENT LIFE

Please provide information on your school diversity student and alumni organizations.

Black Business Student Forum (BBSF)student.darden.virginia.edu/bbsfThe BBSF is organized and focused on bringing together the past, present and future Darden African-American communities. BBSF developsprograms that promote academic excellence, provide safe environments for the discussion of issues around race, support professional developmentand offer a forum for social activities and participation in community service.



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Hispanic American Network at Darden (HAND)student.darden.virginia.edu/HANDThe Hispanic American Network at Darden represents the interests of Hispanic-American students; creates awareness and promotes the DardenSchool to prospective Hispanic-American MBA candidates; creates, maintains and strengthens ties with Hispanic-American Darden alumni; supportscareer-development opportunities for its membership; and partners with the Darden community to promote a forum for exploration of diversity withinthe Darden, University of Virginia and Charlottesville communities and businesses at large.

International Business Society (IBS)The International Business Society is an organization that aims to bring people of different multicultural backgrounds together to share their diverseexperiences. The IBS supports Darden's efforts in admissions, career placements, education and social events with a focus on international businessissues.

Latin American Student Association (LASA)student.darden.virginia.edu/lasaLASA is one of the most active student-run organizations at Darden and its main purpose is to provide Latin-American students and students interestedin Latin-American cultures with a forum to pursue cultural, professional and social opportunities by maintaining and strengthening ties with Latin-American alumni and by supporting career-development opportunities for its members. LASA acts as an academic, professional and social resource,promoting and supporting the efforts of the Darden community to increase diversity in the curriculum, faculty and student body. Efforts are aimed notonly at increasing Latin-American awareness at Darden but also at increasing awareness of Darden in Latin America.

National Association of Women MBAsstudent.darden.virginia.edu/gwibPromotes the role of professional women by providing opportunities for women to express their role in today's society and by establishing alumnaenetworking that lasts a lifetime. Provides a forum to discuss the issues and challenges women face in their careers and other activities that buildawareness of women in leadership positions; allows both female and male students, who are interested in promoting the role of professional women,to share experiences, find support and develop constructive plans for action.

Mentoring programsDarden second-year MBA students volunteer to act as tutors for first-year MBA students. This program is open to all students. Each academic yearapproximately 40 second-year tutors volunteer including the cochairs. Approximately 60 first-year students are tutored, not including those who cameto the weekly open sessions.

Please also provide information on any programs, including on-campus and universitywide programs in which MBA students participate that focus onissues related to women or minorities.

Many of Darden’s student clubs—National Association of Women MBAs, Latin American Student Association, Hispanic American Network at Darden,Black Business Student Forum, Building Goodness in April of Charlottesville and Darden Outreach—focus on issues related to women and minoritiesand perform outreach services in the community. More information can be found on Darden’s student organization webpages at www.darden.virginia.edu/html/standard.aspx?menu_id=192&id=4634.

Some examples of Darden student club programs, work and outreach are below:

Women’s Leadership Week at DardenDarden’s National Association of Women MBAs sponsors Women’s Leadership Week at Darden. The goal of the week is to bring togethermembers of the Darden and broader UVA community for candid discussions about gender issues and the role of women leaders in business.The event is designed to provoke, inspire and educate women and men about leadership and management issues dealing with gender.

NAWMBA Annual AuctionDarden’s National Association of Women MBAs annual auction annually raises more than $30,000 to benefit the Charlottesville-based Shelterfor Help in Emergency (SHE). This year marked Darden’s 16th annual auction for SHE. SHE is a nonprofit organization that serves victimsof domestic violence by providing a safe house, educational programs, legal advocacy and counseling.

Building Goodness in April of CharlottesvilleBuilding Goodness in April is an organization dedicated to keeping low-income, elderly and disabled homeowners living in warmth, safety,independence, dignity and decency through home repair and rehabilitation volunteer services. Each year, Building Goodness in April repairsand rehabilitates 10 homes during a one-day event.



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Please provide information on any institutes and/or related programs that focus on diversity.

For more information please visit our website, Diversity at Darden, at www.darden.virginia.edu/html/area.aspx?area=diversity

Diversity Events

Discover DardenWomen's Leadership WeekInternational Food Festival at DardenLatin American Student Association ConferenceNational Black MBA Conference at Darden.

Diversity at the University of Virginiawww.virginia.edu/uvadiversity/#id=16&num=1Voices of Diversity at the University of Virginia offers many diversity-related events throughout the year. Darden partners with UVA for many events andall events are open to Darden students.

CAREER OPPORTUNITIES

Please describe any diversity recruiting events for employers recruiting minority and/or female students at or near your school.

Each year Darden organizes student trips to the annual NBMBA and NHSMBA conferences.

National Black MBA Conference at DardenRecord numbers of Darden alumni and students attend the National Black MBA Conference. The event and the annual Darden reception areimportant networking and recruiting events for our current students and alumni.

Darden partners with The Consortium for Graduate Study in Management, Forté Foundation, Management Leadership for Tomorrow, the Ten SchoolDiversity Alliance and the Toigo Foundation, and hosts the Lead Summer Business Institute. Read more about these organizations in the recruitmentand scholarships/fellowships section of the Darden profile.

Visit our website, Diversity at Darden, for more information.www.darden.virginia.edu/html/area.aspx?area=diversity

STRATEGIC PLAN AND LEADERSHIP

Please provide your school’s diversity mission statement.

Excerpt from Dean Bruner’s message to the Darden community: Diversity at Darden, August 21, 2006

Greatness of an academic community is measured in part by the breadth of outreach in creating and disseminating knowledge. In the past year, wehave initiated programs to improve Darden’s outreach through a strengthened research emphasis, through international engagement and throughtechnology. But at the very core of the breadth of outreach is the diversity of the community, defined particularly in terms of gender, race andinternational origin. I write to express the importance of this consideration to the success of the Darden School.

Our goals in respect to diversity should be driven by our values and vision *as a community. The positive case for a diverse and inclusive communityat Darden rests on at least four points:

• Improvement in the quality of the educational experience. We teach through methods of discussion and active learning. People of similarbackgrounds may reach conclusions faster than people of different backgrounds. But speed is not the objective of our classroomdiscussions; quality is. Research suggests the diverse teams yield better decisions and better processes of decision-making than dohomogeneous teams. Diversity in the classroom promotes greater understanding of the enormous influence of different frames ofreference, assumptions, metaphors, language and even accents. Also, diversity in the classroom prepares you for success in professionallife—the trend in all major business markets is toward more, not less, diversity. It is in the interest of all of us to learn to navigate thecomplexity of a more diverse world. As each of us develops as a leader, we must continue to enhance our ability to draw strength fromthe diversity around us—bringing together differing backgrounds and perspectives, reconciling divergent experiences and attitudes, andforging consensus across traditional boundaries.

• Richer intellectual community. A diverse community elevates the professional and social conversations of the entire Darden community.Just as the quality of the classroom debate is enhanced by diversity, so is the give-and-take of scholarship and personal discourse—butthis is well-known in business. Thomas Edison, for instance, flourished as an inventor by surrounding himself with people of differentexpertise and points of view.



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• Respond to our stakeholders. Our alumni, corporate partners and parent university look to Darden to lead in diversity, rather than merelyreact. Corporate recruiters, for instance, come to Darden because of the qualified candidates we offer—but such corporations have anacute need to recruit women, underrepresented minorities and the foreign-born who understand the global marketplace. If Darden is tomaintain and strengthen its relations with best-practice corporations, we must graduate a diverse student body to which these firms cancome. Our executive education clients look for greater diversity and expect Darden to be a leader in this endeavor. Alumni, too, have aninterest in diversity at Darden. Our graduates form one of the most vibrant alumni networks of all business schools. Diversity helps toextend the reach and impact of alumni networks—indeed, the major research finding on social networks is the value of heterogeneity inwho you know: Social power grows as we extend acquaintance well beyond a circle of people like us. Finally, Darden is one of the highest-ranked divisions within the University of Virginia—actions that strengthen Darden set an example and help to elevate the entire university.

• Fulfill our mission. Our mission as a community declares our intent to develop leaders in the world of practical affairs by means of a“supportive and equitable learning climate characterized by engagement with issues of diversity.” Engagement means more thanclassroom discussion, research and satisfying stakeholders; it should also entail living diversity by example.

Diversity will lift many of the qualities that can make Darden great. We will embark on a comprehensive program to enrich the diversity of the Dardencommunity. Ultimately, the success of this program depends not on just a few leaders or interested colleagues. Achieving a community of diversityand inclusiveness should be the mission of everyone.

Sincerely,Bob

*Our 10-year vision for Darden embraces four main points: (1) Darden manifestly fulfills its mission to develop leaders in the world of practical affairs;(2) Darden holds a commanding position in the field of management education; (3) Darden offers a compelling and energizing work environment; and(4) Darden’s resources (capital, people, relationships and ideas) are consistent with these aspirations.

For more information please visit our website, Diversity at Darden. www.darden.virginia.edu/html/area.aspx?area=diversity

How does your school’s leadership communicate the importance of diversity to your student body, faculty and administration?

University of Virginia’s Darden School of Business appointed an associate dean for diversity in 2006, Erika Hayes James. (Please see the ProminentAlumni/Faculty section above for her biography). In July 2008, James was succeeded by Darden’s second appointed associate dean for diversity andchief diversity officer, Martin N. Davidson. Davidson is associate professor of leadership and organizational behavior. Our website, Diversity at Darden,acts as a nodal point for related diversity information. Darden student clubs present a rich variety of diversity-related events during the academic year.(See student club event information listed above.) Darden also maintains a number of committees focused on issues relating to diversity.

Please provide any additional information regarding your school’s diversity initiatives that you wish to share.

Diversity at Dardenwww.darden.virginia.edu/html/area.aspx?area=diversity

Darden’s Associate Dean for Diversity and Chief Diversity Officer Martin Davidson www.darden.virginia.edu/html/standard.aspx?menu_id=198&id=6788

Diversity research at Dardenwww.darden.virginia.edu/html/standard.aspx?menu_id=198&id=6792

Darden’s case statement for Diversitywww.darden.virginia.edu/html/standard.aspx?menu_id=198&id=6786



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DEMOGRAPHIC INFORMATION2008 entering class

This information follows the Standards for Reporting Admissions Statistics as adopted by the Graduate Management Admissions Council (GMAC).However, it is not presented to suggest a formulaic admissions process. The Darden School seeks a wide variety of abilities, work experiences andacademic backgrounds among its student body. Because no statistical analysis can accurately capture the unique individuals who compose theDarden community, Darden strongly encourages interested applicants to visit the school, attend a case discussion and interview with an admissionsofficer.

Please describe the demographics of your most recent entering class.

Percentage of female students: 29 percent

Percentage of minority students: 15 percent

Asian, Alaskan or Pacific Islander: 6 percentBlack/African-American: 4 percentHispanic: 5 percent

Average age of students: 28

Please describe the geographic diversity of your most recent entering class.

Percentage of U.S. citizens and permanent residents: 70 percent

Countries represented: 35

Distribution of students from different U.S. regions:

Mid-Atlantic: 45 percentMidwest: 7 percentNortheast: 25 percentSouth: 12 percentSouthwest: 4 percentWest: 6 percent

Please describe the selectivity of your school for the most recent application cycle.

Number of applicants: 2,762

Number of admits: 680

Number of matriculants: 333

Please describe the academic and employment backgrounds of your most recent entering class.

Average years of pre-MBA work experience: 52 months

Percentage of students who studied different undergraduate disciplines:

Business administration: 24 percentEconomics: 15 percentEngineering/science/math: 34 percentHumanities/social science: 23 percentOther: 4 percent

Please provide student employment information for the most recent graduating class.

Average starting salary: $103,963

Average singing bonus: $25,931



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Percentage of students entering different industries:

Consulting services: 22 percentFinancial services: 35 percentManufacturing: 13 percentConsumer products: 9 percentMedia/entertainment: 1 percentPetroleum/energy: 2 percentPharma/biotechnology/health care products: 3 percentReal estate: 3 percentTechnology: 8 percentNonprofit: 1 percentOther services: 3 percent

Percentage of students working in different functions:

Consulting: 20 percentFinance/accounting: 43 percentGeneral management: 23 percentMarketing/sales: 11 percentOther: 3 percent

Major recruiting companies:

AccentureBain & Company, Inc.Bank of AmericaBarclays CapitalBooz Allen HamiltonThe Boston Consulting Group, Inc.Danaher CorporationDeloitteGoldman, Sachs & Co.IBM Global Business ServicesJohnson & JohnsonJPMorganMcKinsey & Co.MicrosoftTarget Corporation



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