University of Virginia Receives $15 Million for Darden Business School

University of Virginia Receives $15 Million for Darden Business School

The in Charlottesville has announced a $15 million gift from the to endow a scholarship fund at the .

The gift, the largest to the Darden School since the Batten family established the in 1999 with a $60 million gift, will be matched with $15 million from the university's Bicentennial Scholars Fund to establish the Batten Foundation Darden Worldwide Scholarship program. When fully funded, the program will enable the school to award a scholarship that covers fees for a Darden Worldwide course to every full-time Darden MBA student.

Students receiving scholarships will be able to choose from among fourteen courses on five continents, including offerings that explore business in uncertain economic environments (Argentina), artificial intelligence and robotics (Germany), and the government's influence on business (China). Guided by a Darden faculty member, students also will visit local companies, educators, and officials, gaining hands-on experience in new business environments and cultures.

"As we approach the Third Century Campaign at Darden, this transformational gift sets the tone and provides a strong foundation on which to build," said Darden School dean Scott Beardsley. "With this inspired gift, thousands of Darden students will be able to personally experience and better understand the world. The Batten Foundation Darden Worldwide Scholarships will ensure that our students are prepared to serve as distinctive leaders defined by global sophistication, entrepreneurial orientation, and action-based responsibility, in the workplace and beyond."

(Photo credit: UVA/Sanjay Suchak)

"." University of Virginia Press Release 03/12/2018.