15 Questions
Explain the changes being made to the undergraduate curriculum at UVA's McIntire School of Commerce.
The McIntire School of Commerce is transitioning from a two-year to a three-year undergraduate curriculum. Second-year students will soon be enrolled into the B.S. in Commerce Program, and the admission cycle changes will go into effect for first-time, first-year UVA students in the fall of 2024.
What prompted the transition to a three-year undergraduate program at the McIntire School of Commerce?
The transition to a three-year undergraduate program at the McIntire School of Commerce was prompted by shifts in the business landscape.
What was the historical process for students applying to McIntire's undergraduate business program?
Historically, students applied for admission to McIntire's undergraduate business program after taking classes for two years at UVA, and accepted students started classes at the beginning of their third year.
How will the application process change for students at the McIntire School of Commerce?
Moving forward, students will apply to the School's undergraduate program at the end of their first year, and accepted students will matriculate in their second year.
When will the admission cycle changes go into effect for first-time, first-year UVA students?
The admission cycle changes will go into effect for first-time, first-year UVA students in the fall of 2024.
When will the admission cycle changes go into effect for first-time, first-year UVA students?
The admission cycle changes will go into effect in the fall of 2024.
What change is the McIntire School of Commerce at the University of Virginia adopting?
The McIntire School of Commerce is adopting a three-year undergraduate curriculum.
What prompted the transition from a two-year to a three-year undergraduate program at the McIntire School of Commerce?
The transition was prompted by shifts in the business landscape.
When will students apply to the School’s undergraduate program under the new system?
Students will apply at the end of their first year.
When will accepted students matriculate into the School’s undergraduate program under the new system?
Accepted students will matriculate in their second year.
What is a joint-stock company?
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership).
What are shareholders able to do with their shares in a joint-stock company?
Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.
What legal characteristics are associated with a joint-stock company in modern-day corporate law?
In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company).
In what ways are joint-stock companies commonly known?
Joint-stock companies are commonly known as corporations or limited companies.
Are there jurisdictions that still provide the possibility of registering joint-stock companies without limited liability?
Yes, some jurisdictions still provide the possibility of registering joint-stock companies without limited liability.
Test your knowledge of UVA's McIntire School of Commerce with this quiz! Learn about the expansion to a three-year undergraduate curriculum and the B.S. in Commerce Program.
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