McIntire School of Commerce
Encyclopedia
The McIntire School of Commerce is the University of Virginia
's undergraduate business school
and graduate business school for Commerce, Accounting, and Management of Information Technology. It was founded in 1921 through a gift by Paul Goodloe McIntire
. The two-year McIntire program offers students B.S. degrees in Commerce with concentrations in Finance, Accounting, Marketing, Management, Global Commerce, and Information Technology. McIntire also offers three graduate programs: Masters in Management of Information Technology, Masters in Accounting, and a Masters in Commerce. Students at UVA
enter the Commerce school in their 3rd year.
McIntire consistently ranks among the top undergraduate business programs in the world. Citing the school’s superior job placement rates and high starting salaries, BusinessWeek
magazine ranked McIntire as the Number 1 undergraduate business program in the United States in 2009, ahead of the Wharton School at the University of Pennsylvania for the first time.
made the establishment of the McIntire School of Commerce and Business Administration possible. Over the next three decades McIntire operated as a separate entity from the College of Arts and Sciences, but worked closely with the James Wilson School of Economics. In 1952, the University’s Board of Visitors approved the establishment of the McIntire School as a professional school to be administered as a separate unit of the University, distinct from the College.
During the first semester at McIntire, students assume the role of an analyst and work on a semester-long project for one of four Fortune 500 Companies (currently Alcoa
, Rolls-Royce
, ABB Group or Major League Baseball
). The team-based project requires students to advise senior management on a problem or objective the company is facing.
McIntire offers degrees in the following disciplines:
.
McIntire's job placement is among the best in the nation. In 2008, the starting salary stood at $58,000, up 10% from the previous year. A significant portion of graduates (more than 25%) obtain analyst positions at New York investment banks, while others work in accounting, consulting or marketing. Around 57% end up working in Finance related jobs, while another 27% work in Consulting-related jobs, according to the School's Website.
University of Virginia
The University of Virginia is a public research university located in Charlottesville, Virginia, United States, founded by Thomas Jefferson...
's undergraduate business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...
and graduate business school for Commerce, Accounting, and Management of Information Technology. It was founded in 1921 through a gift by Paul Goodloe McIntire
Paul Goodloe McIntire
Paul Goodloe McIntire was a stock broker, investor, and philanthropist, who amassed and then gave away a substantial fortune in his lifetime. The Charlottesville, Virginia native, who attended the University of Virginia, held seats on the Chicago and New York Stock Exchanges. He was a member of...
. The two-year McIntire program offers students B.S. degrees in Commerce with concentrations in Finance, Accounting, Marketing, Management, Global Commerce, and Information Technology. McIntire also offers three graduate programs: Masters in Management of Information Technology, Masters in Accounting, and a Masters in Commerce. Students at UVA
University of Virginia
The University of Virginia is a public research university located in Charlottesville, Virginia, United States, founded by Thomas Jefferson...
enter the Commerce school in their 3rd year.
McIntire consistently ranks among the top undergraduate business programs in the world. Citing the school’s superior job placement rates and high starting salaries, BusinessWeek
BusinessWeek
Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...
magazine ranked McIntire as the Number 1 undergraduate business program in the United States in 2009, ahead of the Wharton School at the University of Pennsylvania for the first time.
History
In 1920, the University of Virginia began offering students majoring in economics the opportunity to specialize in business administration. One year later a $200,000 donation from stockbroker, alumnus and Charlottesville philanthropist Paul Goodloe McIntirePaul Goodloe McIntire
Paul Goodloe McIntire was a stock broker, investor, and philanthropist, who amassed and then gave away a substantial fortune in his lifetime. The Charlottesville, Virginia native, who attended the University of Virginia, held seats on the Chicago and New York Stock Exchanges. He was a member of...
made the establishment of the McIntire School of Commerce and Business Administration possible. Over the next three decades McIntire operated as a separate entity from the College of Arts and Sciences, but worked closely with the James Wilson School of Economics. In 1952, the University’s Board of Visitors approved the establishment of the McIntire School as a professional school to be administered as a separate unit of the University, distinct from the College.
Back to the Lawn
McIntire recently moved from Monroe Hall to Rouss Hall. This migration, entitled "Back to the Lawn" by the school, began in April of 2005. The reason for this move, in the School's own words, was listed as follows: "Very simply, in addition to increasing pressure to compete with our peer institutions for top students and faculty, more space is needed to deliver our world-class business programs. To offer the best in business education, schools require state-of-the-art classrooms and labs and high levels of technology, including an environment that simulates the business world. The existing building [Monroe Hall] does not allow for further expansion of our programs and therefore inhibits our ability to offer more programs to a wider group of students. The new building, Rouss Hall, will provide an environment to allow McIntire to continue to compete at the very top of the business school rankings."Academics
Students apply for enrollment at McIntire during the Spring of their second year and begin coursework in the Fall of their third year. During this year, students are enrolled in a 12 credit, block-style class called the Integrated Core Experience (the "ICE Block"). Blocks are taught by a group of professors, each professor specializing in a different aspect of business (marketing, finance, communications, strategy, systems, organizational behavior, and quantitative analysis). Professors conduct subject-based coursework on a rotating basis, while the overall focus is on the integration of all areas.During the first semester at McIntire, students assume the role of an analyst and work on a semester-long project for one of four Fortune 500 Companies (currently Alcoa
Alcoa
Alcoa Inc. is the world's third largest producer of aluminum, behind Rio Tinto Alcan and Rusal. From its operational headquarters in Pittsburgh, Pennsylvania, Alcoa conducts operations in 31 countries...
, Rolls-Royce
Rolls-Royce North America
Rolls-Royce North America, Inc. is a subsidiary of Rolls-Royce plc involved principally in the manufacture of gas turbine engines and other propulsion systems...
, ABB Group or Major League Baseball
Major League Baseball
Major League Baseball is the highest level of professional baseball in the United States and Canada, consisting of teams that play in the National League and the American League...
). The team-based project requires students to advise senior management on a problem or objective the company is facing.
McIntire offers degrees in the following disciplines:
- Undergraduate Commerce
- M.S. Management of Information Technology
- M.S. in CommerceMaster of CommerceMaster of Commerce is a postgraduate Masters Degree focusing on commerce-, management- and economics-related subjects. Like the undergraduate Bachelor of Commerce, the degree is offered in Commonwealth nations.-Structure:The Master of Commerce typically requires one year of full-time study...
- M.S. in Accounting
Rankings
In 2009, McIntire was ranked number 1 nationally for undergraduate business schools by BusinessWeekBusinessWeek
Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...
.
McIntire's job placement is among the best in the nation. In 2008, the starting salary stood at $58,000, up 10% from the previous year. A significant portion of graduates (more than 25%) obtain analyst positions at New York investment banks, while others work in accounting, consulting or marketing. Around 57% end up working in Finance related jobs, while another 27% work in Consulting-related jobs, according to the School's Website.