Newswise — CHARLOTTESVILLE, Virginia — 3 March 2015 – The University of Virginia Darden School of Business today announced a strategic initiative the Asia Initiative at Darden, with a three-year charter and the aim to grow and develop it into a lasting Center of Excellence for the Darden School.

“The Asia Initiative reflects the continued strategic importance of further investment in globalization at Darden and in connecting to a critical region of the world and a dynamic and rapidly changing business environment” said Darden’s Dean Robert F. Bruner. “We have significant activity already taking place in Asia, and my hope is that this initiative will take that base of strength and catalyze even deeper engagement with this critical region of the world.”

The initiative will provide a hub of global activities to shape thinking and education regarding major business issues in Asia and the world in pursuit of the following objectives:

Advance understanding of the dynamics of Asian markets and business practices as a critical component of business education and thought leadership• Enhance the existing level of expertise and resources at Darden by integrating and energizing Darden’s efforts in the region• Organize activities to enhance the educational experience at Darden on Asia, leverage synergies across related disciplines and research projects, and facilitate partnerships and collaboration• Improve the communication of faculty, students and alumni with business leaders and policymakers in Asia• Complement the work of Darden’s existing research Centers of Excellence — notably the Center for Global Initiatives — expanding the boundaries of frontier research and education by bridging the East to the West

From 6-7 March 2015, the University of Virginia will celebrate the opening of its new office in Shanghai, China. The two days of celebration will include a conference on “Chinese Urbanization: The Next Challenge.” Darden Professor of Business Administration Dennis Yang will moderate one of the panels. Dean Bruner will also be in attendance, along with other senior University leaders and hundreds of important partners, government officials, alumni, students, parents and friends. The University of Virginia has established an office in Shanghai to strengthen its academic programs, research, internships, alumni engagement and recruitment of students.

Following China, Dean Bruner, Marc Johnson, executive director of the Darden Center for Global Initiatives, and Dennis Yang will travel to New Delhi and Mumbai, India, to meet with academic and corporate partners and alumni.

Later this spring, on 8 May, also in Shanghai, the Darden School will partner with Shanghai Jiao Tong University's Antai College of Economics and Management to host the Shanghai Investing Summit. The summit, now in its second year, will draw upon today's leading thinkers and business minds from around the globe to examine the latest trends and opportunities in cross-border investing and to provide actionable investment strategies.

For more information on Darden’s Asia Initiative, visit http://www.darden.virginia.edu/dcgi/asia-initiative/.

About the Darden School of Business: 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.