The University of Virginia Darden School of Business has received a $30 million endowment dedicated to providing international study opportunities to every full-time MBA student at the school, at no additional cost to the student.
A $15 million gift from the Batten Foundation was matched with a gift from UVA's Bicentennial Scholars Fund. The resulting endowment will provide every student in Darden's full-time MBA program a scholarship to attend a Darden Worldwide course.
The Darden worldwide scheme sees MBA student participate in study programs abroad of typically 7-10 days, led by Darden faculty. This spring, that offering spans five continents, and includes courses exploring business in uncertain economic environments in Argentina, artificial intelligence and robotics in Germany, and government's influence on business in China, among others.
During the courses, students visit local companies, educators and officials, gaining hands-on experiences in new business environments and cultures guided by a Darden faculty member.
The latest endowment will make this experience accessible to all full-time MBA students, allowing them to add global experience to their portfolios.
Image: University of Delaware by urashimataro CC BY 2.0 (cropped)