by Abena Foreman-Trice
As the University of Virginia Darden School of Business welcomes the Class
of 2016, alumni of the most recent graduating class are settling
into jobs around the globe. According to Darden's Career Development Center, an increased number of the School's
MBA graduates are accepting positions in the field of technology.
Amazon and Microsoft are among the top tech firms hiring at Darden.
This summer, roughly 15 percent of
the School's newest alumni are filling positions in areas such as
strategy, marketing and corporate finance within technology
firms. Over the last five years, the percentages of Darden
graduates entering the tech industry have risen
- 4 percent of the Class of 2009
- 9 percent of the Class of 2010
- 11 percent of the Class of 2011
- 13 percent of the Class of 2012
- 14 percent of the Class of 2013
"Our efforts here at Darden to forge
relationships in Silicon Valley and other hotbeds of technology, an
improving economy and the need for firms to constantly innovate
have led to an impressive number of opportunities in the tech
industry for our students," said Jack Oakes, Darden assistant dean for career development.
Twenty-five percent of Darden's
newest MBAs also hold engineering degrees, providing them with a
mix of technology-related expertise and leadership skills that have
prepared them to navigate the rapid rate of change in
Employment by Industry
Within a month of graduation, 86
percent of Darden's Class of 2014 received job offers from 75
companies. Employment rates were also high for international
students at 83 percent.
The following overview shows job
offers by industry and function:
Class of 2014 Full-Time
Darden Female Graduates
Blaze the Technology Trail
Darden's alumnae are making inroads
in the technology industry.
Darden alumna Gargi Apte (MBA '14)
was an engineer before she came to Darden. Today, she works for
Amazon as a product manager for technical products.
"I will work on all aspects of the
product, from conceptualization to final launch and marketing. To
create innovative products that deliver superior customer value,
product managers need to be an interface between engineers and
customers," said Apte.
Studies have shown that women
continue to be underrepresented in the tech industry. Despite this,
Apte said she has always felt welcomed in the traditionally
"Right from the time I was in
engineering school, I have always been in a male dominated
environment," said Apte. "Because of that and because of my
positive experiences with my peers at school and at work, I rarely
even notice being one of few women in a room.
"My personal belief is that if one
proves him or herself critical to the organization, then it's
expertise that colleagues focus on, instead of gender."
Entrepreneurship Rises at
More students are also choosing to
launch companies of their own or join startups, making use of the
many entrepreneurial resources offered at Darden to help them make
Students wishing to intern for a
startup company can apply to Darden's Batten Venture Internship Program. The program enables
participating students to gain entrepreneurial experience and
provides funding to startups in order for new firms to pay their
interns. This summer, 23 of Darden's Second Year MBA students
learned the ropes in entrepreneurial endeavors thanks to the Batten
Venture Internship Program, while 16 Second Year students worked on
nine ventures in the business incubator of the W.L. Lyons Brown III Innovation Laboratory (i.Lab), better known as the
U.Va. i.Lab, housed at Darden.
"Several schools have specialized
endowments or nonprofit internship funds," said Amanda Panarese,
assistant director of career education and advising in Darden's
Career Development Center. "But the Batten Venture Internship
Program focuses solely on connecting students with opportunities at
early-stage ventures, while allowing those students to also earn a
Opportunities Pave Way for Professional Know-How
Darden alumna Amanda Miller (MBA
'14) served as president of the Darden Finance Club, one of the School's four largest student clubs. She recently joined Deutsche Bank
as an associate.
Miller said her leadership
experience in the Finance Club helped her work effectively in teams
and apply her emotional intelligence to influence others.
"I think as an associate at Deutsche
Bank you have a leadership role, even if it's informal, in working
with analysts," said Miller. "The practice I received managing
peers in the Finance Club without holding authority helped me to
work better with others. I had to learn to manage my personality
with their personalities."
This approach to maintaining a
positive relationship within work groups will help Miller foster
cooperation in her new role, she said.
"You have to learn how to
collaborate with different kinds of people with diverse styles and
approaches, and with whom you'll share long hours in the office,"
About the Darden School of
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.
Director of Media Relations
Darden School of Business
University of Virginia
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