Financial Times Ranks UVA Darden No. 3 in the World for Entrepreneurship

CHARLOTTESVILLE, Va., June 27, 2016 /PRNewswire-USNewswire/ -- Financial Times today ranked the University of Virginia Darden School of Business the No. 3 MBA program in the world for entrepreneurship.

This ranking recognizes the success of entrepreneurs from within the Darden community and the support that the Darden School and its global alumni network provide them.  

"Darden has built one of the leading entrepreneurial ecosystems in all of graduate business education," said Darden Dean Scott Beardsley. "The combination of Darden's Batten Institute for Entrepreneurship and Innovation, the School's outstanding faculty and committed alumni, and the impact of the University of Virginia — with its strongholds in business, law, engineering, medicine and life sciences — is a powerful one for fostering remarkable entrepreneurial leaders."  

The Financial Times entrepreneurship ranking methodology considers each school's entrepreneurial activity and successes, and the level of support provided both by the school and its alumni.

Darden received high marks for helping entrepreneurs start, finance and recruit talent to their ventures. Darden's alumni also ranked near the top for helping entrepreneurs access a network that enabled them to advance their startups.

"Darden's commitment to inspiring entrepreneurial thinking and action among its students rests on a foundation of world-class faculty, vast curricular and co-curricular entrepreneurship offerings, access to a worldwide network of advisors, and deep engagement with the entrepreneurial ecosystem at the University and beyond," said Sean Carr, executive director of the Batten Institute. "We are proud of this recent recognition of our global standing, and it energizes us to do even more to help activate the next generation of entrepreneurs from Darden."

Darden's entrepreneurial ecosystem offers:

• Merit-based scholarships for entrepreneurially oriented students from around the world
• Leading-edge faculty, whose work in entrepreneurship and innovation includes breakthrough ideas on effectuation and design thinking
• Diverse and extensive entrepreneurship-related MBA courses and ongoing curricular innovations
• Venture incubation and acceleration, hosted by Darden at the W.L. Lyons Brown III i.Lab at UVA
• A venture internship program, supporting MBA students to join startups or VC firms
• Support for University-wide competitions, research partnerships and conferences
• Online courses, including specializations in design thinking and agile development
• Tight linkages with entrepreneurial hubs in Silicon Valley and Washington, D.C.
• Global Business Experiences for students in Stockholm (with a view on sustainability) and Barcelona (for strategy as design)

"The Darden School's mission is to improve the world by developing and inspiring responsible leaders who are both global and entrepreneurial, and this latest ranking signals that we are meeting that challenge," said Beardsley.

The Financial Times ranking follows the announcement earlier this year by the National Venture Capital Association naming Charlottesville the fastest-growing venture capital ecosystem in the nation, driven by investments secured by several Darden-supported ventures.

About the University of Virginia Darden School of Business
The University of Virginia Darden School of Business delivers the world's best business education experience to prepare entrepreneurial, global and responsible leaders through its MBA, Ph.D. and Executive Education programs. Darden's top-ranked faculty is renowned for teaching excellence and advances practical business knowledge through research. Darden was established in 1955 at the University of Virginia, a top public university founded by Thomas Jefferson in 1819 in Charlottesville, Virginia.

About the Batten Institute at the University of Virginia Darden School of Business
The Batten Institute at the Darden School of Business improves the world through entrepreneurship and innovation. The Institute's Center for Entrepreneurial Studies advances knowledge that addresses real-world challenges and shapes Darden's curriculum, and the Center for Entrepreneurial Leadership offers one of the world's top entrepreneurship programs. The Batten Institute was established with gifts now totaling over $130 million from UVA alumnus Frank Batten Sr., a media pioneer, visionary and co-founder of The Weather Channel.

SOURCE University of Virginia Darden School of Business