1. UVA Darden in the Northern Virginia / D.C. Area
Board of Visitors – 3 August 2018

2. Darden context
The Darden school is mission-driven in pursuing the strategic plan “darden worldwide 2026.”
Darden mission
Strategic priorities
The University of Virginia Darden School of Business improves the world by developing and inspiring responsible leaders and by advancing knowledge.
Achieve the full potential of the Darden mission.
Top public business school in the USA.
One of the preeminent business schools in the world.
Attract exceptional students by delivering and enhancing the world’s best, most accessible, global education experience with top ROI.
Attract, retain and develop diverse, world-class faculty and staff talent.
Advance scholarly research and practitioner- relevant thought leadership.
Expand competitive infrastructure, global brand and network at UVA and beyond.
Expand Darden’s resources, via outstanding executive education, advancement, technology and innovation.
Darden vision

3. Technology and Innovation
DARDEN CONTEXT: COMPETITIVE LANDSCAPE
Darden operates in a highly competitive landscape for resources and talent with peer schools making significant investments in technology and new facilities.
Technology and Innovation
Capital Campaigns
Building Boom
Harvard Business School: $1.3B*
Wharton: $850M
Michigan (Ross): $400M*
UNC (Kenan-Flagler): $400M
Chicago (Booth): $850M
Columbia Business School: $500M*
UCLA: $300M
Cornell Tech-NYC
*Campaign recently completed
Kellogg

4. DARDEN IN NORTHERN VA / D.C. AREA
The following were identified as strategic rationale for further engagement in the Northern Virginia / D.C. metro area by Darden:
Easy transportation access for prospective students, reducing travel time; thousands of flights to Dulles and Reagan airports plus train links.
Preempting competition from other leading schools in D.C. area.
UVA Darden identified as highest-ranked and highest-profile MBA program vs. possible D.C.-area competitors.
Market demand and growth opportunity for degree and non-degree/executive education formats.
Strength of UVA and Darden brand and alumni concentration in region.
Rise of flexible MBA and other business degree formats.

5. DARDEN IN NORTHERN VA / D.C. AREA
Over the last three years, Darden has made strategic investments in the Northern Virginia / D.C. area.
2015
D.C. task force reports to faculty and Darden Foundation Board.
Darden faculty vote to launch Executive MBA section in D.C. area.
2016
ExecMBA starts in Rosslyn at full capacity.
Darden offices open at 1100 Wilson Blvd.: 5,000 sq. ft.
2017
Sands family commits $5M to new Sands Family Grounds to open in 2018.
Darden Foundation signs lease for Sands Family Grounds: 40,000 sq. ft.
2018
Sands Family Grounds opens.
Greg Fairchild named UVA Director of Northern Virginia operations.
MSBA begins in Rosslyn.

6. Engagement in northern Virginia has enabled new educational offerings.
Darden in northern va / d.c. area
Engagement in northern Virginia has enabled new educational offerings.
Executive MBA
Master of Science in Business Analytics (with McIntire)
Students enrolled in Rosslyn- based degree offerings.
Delivered over 21 months in weekend and week-long residencies, 33% online.
~270 students per year Charlottesville and Rosslyn.
Average age 34
30-35% veterans
All students spend meaningful time in Charlottesville.
Approved by BOV in January 2018; by SCHEV in May 2018.
~2,400 inquiries from January-June.
Delivered over 12 months in weekend residencies, 50% online. Some classes in Charlottesville.
~30 students in first class (60 students at scale).

7. Engagement in northern Virginia has created new platforms.
Darden in northern va / d.c. area
Engagement in northern Virginia has created new platforms.
Executive Education
22 programs delivered in full or in part to 500+ participants in Northern Virginia over last three years.
Stakeholder engagement
More than 3,300 guests to the Sands Family Grounds from March-June including alumni events, admissions, students and thought leadership events.

8. Scott Beardsley, Dean, UVA Darden School of Business
DISCUSSION / Q&A
Scott Beardsley, Dean, UVA Darden School of Business
Gregory Fairchild (MBA ‘92), Director, UVA Northern Virginia Operations; Associate Dean, D.C.-area initiatives, Darden School
Elizabeth Weymouth (CLAS ‘89, MBA ‘94), Chair, Darden Foundation Board of Trustees; Founder and Managing Partner, Grafine Partners

9. THANK YOU