UVA Darden Ranked in Top 10 for Entrepreneurship in New Global Ranking
By Dave Hendrick
The ranking methodology incorporates multiple data points, including academic programming focused on entrepreneurship, alumni ventures and mentoring capabilities, among other factors. In the broader Princeton Review rankings released earlier in 2023, Darden secured more Top 10 rankings than any other school.
“These rankings validate what we know: Darden is an ideal place for entrepreneurs and entrepreneurial thinking,” said interim Darden Dean Jeanne Liedtka, a pioneer in Design Thinking. “Backed by the resources of the Batten Institute, Darden has an outsized ability to assist and grow entrepreneurs at any stage of the venture-creation process. We see the results here with the number of alumni starting and growing successful ventures.”
Darden’s Batten Institute for Entrepreneurship, Innovation and Technology serves as the key catalyst and hub for entrepreneurial activity at the Darden School, supporting faculty members and students via research, experiential learning, co-curricular programs, scholarships, and thought leadership around innovation at Darden.
Entrepreneur lists a number of differentiating factors for Darden, including:
- A $150+ million endowment dedicated to advancing Darden’s leadership in entrepreneurship, innovation and technology
- Batten Scholarships offering full and partial-tuition scholarships to exceptional Darden MBAs to advance their leadership as entrepreneurs, innovators and technologists annually
- 25 percent of faculty teaching courses related to entrepreneurship and innovation
- 174 companies started by graduates over the last five years
- 34 courses directly related to entrepreneurship, reaching four in five students
- Venture acceleration opportunities, including the summer i.Lab Incubator and coursework
- Sponsored internships through programs including the Darden Venture Fund Fellows and Batten Venture Internships
- On-Grounds innovation space in the i.Lab classroom and maker space
Darden’s faculty members including many global leaders in the field of entrepreneurial thought leadership, and Professor Saras Sarasvathy, originator of the theory of Effectuation, presented the prestigious Schumpeter “Innovation in Enterprise” lecture as part of European SME Week on 13 November in Bilbao, Spain.
Darden alumni-led ventures have seen incredible growth and funding in recent years, with companies such as Husk Power Systems, a mini-grid power company in the developing world led by CEO and founder Manoj Sinha, raising a record $103 million in October.
The University of Virginia Darden School of Business prepares responsible global leaders through unparalleled transformational learning experiences. Darden’s graduate degree programs (MBA, MSBA and Ph.D.) and Executive Education & Lifelong Learning programs offered by the Darden School Foundation set the stage for a lifetime of career advancement and impact. Darden’s top-ranked faculty, renowned for teaching excellence, inspires and shapes modern business leadership worldwide through research, thought leadership and business publishing. Darden has Grounds in Charlottesville, Virginia, and the Washington, D.C., area and a global community that includes 18,000 alumni in 90 countries. Darden was established in 1955 at the University of Virginia, a top public university founded by Thomas Jefferson in 1819 in Charlottesville, Virginia.
Associate Director, Editorial & Media Relations
Darden School of Business
University of Virginia