I thought I'd comment on Darden's reputation for hard work. Like everyone else, I only attend one business school, so any comparisons to other schools are based on 2nd hand information from friends, conferences with other students and other general information. As far as I can tell, students at Darden to not work any harder than those at many other top business schools. When I listen to the experiences of students at other schools, I find them very similar to my own last year at Darden. MBA students definitely work hard, and recruiting demands can be a challenge, especially for the industries popular with MBAs where firms like to visit multiple times throughout the year.
For example, Darden sometimes has clases and activities on some Fridays, but many of these are simulations or group projects, and about 1/2 the time Fridays are reading days (days off). I spoke with a guy from NYU during internship orientation earlier this summer and it seemed like they had classes much mroe frequently on Fridays, but what really stuck me was how demanding their recruiting schedule was. Certainly, having all the job opportunities of NY at your doorstep is a great thing, but along with that comes the expectation that you'll be spending every free moment schmoozing with these firms (I'm talking about banking in this case).
I really don't think that Darden is measuably more demanding that most other programs. I believe that Wharton, MIT, Chicago, Harvard and many others require similar levels of dedication. Still, it seems like people with families have enough time to get everything done. Darden's reputation for hard work seems to be more historical in basis. When alumni came back to campus for recruiting events, we would hear about how they had classes on Saturdays (it's been at least 15 years since they had this), and how they had three cases to prepare every day (no longer the case, we now have 2 or 3 cases four days per week, on average). Generally, I think these requirements are in line with other top schools. One difference is that the case study method means that you will need to be prepared for class each day, so you can't really slack off. The flip side is that the case study method really ensures that you think about a case and learn rather than memorize - as Dean Bruner likes to say it is a sticky form of learning. For people with backgrounds that require critical thinking, this comes naturally (no surpise that law schools use case method, AKA Socratic method); people with backgrounds in more rigid disciplines may need to adjust.
I will say that Darden does maintain a reputation among recruiters for having hard-working students. This is an advantage when competing for jobs, and I think this is reflected in the salary numbers among comparable schools. Darden is always a leader in salaries among elite schools - generally second to only Tuck if I recall correctly. This is especialy impressive when you consider that the Mid-Atlantic is not a particularly high paying region compared with the locales of many of the other elite schools. In fact, Darden beats most fellow elites in
both employment rate and salary - which means that Darden students are landing the choiciest jobs, and not settling at the expense of lower salaries. Here are the schools I think Darden competes with most directly:
Darden 87.9% $121,279Ross 86.1% $120,408
Yale 77.4% $118,964
Cornell 87.1% $118,888
Duke 80.5% $117,473
Haas 82.5% $116,263
UCLA 79.0% $115,318
And if you look at the other school in the region, Darden trounces Duke by a pretty wide margin even though the two schools attract largely the same set of recruiters. I believe this is a reflection of the reputation that Darden has with recruiters. You shouldn't look at it as just a few thousand dollars difference between each of the schools, but rather that the higher salaries and employment rates reflect a larger portion of students landing the jobs that they want without compramise.
So, I hope that the reputation for hard work doesn't keep people from taking a closer look at Darden. I think that the notion that Darden students work harder than others is more of an anachronism than a reality these days; but reputation seems to hold true with employers as well and translates directly into better employment prospects for Darden students compared to those at peer schools. And I'll also point out that Darden's reputation for a tough first year (true or not) comes with a corresponding reputation for a pressure-free second year. I'll definitely be trying to outdo the students from the most recently graduated class in the amount of golf I will play next year (about $400 per semester for an unlimited pass).