I usually stick to application updates here, but I think this news is big enough that it should get some space here.
The McIntire School of Commerce, the undergraduate business school at UVA, has offered a two -year major (along with minors and an MS in Commerce) for years. Starting next year, the program will become a three year program. For full details, see the official press release from August 29th on the McIntire website.
First year applicants interested in McIntire's Commerce major will still start in the College of Arts and Sciences. There will be changes in how transfer from outside of UVA works, but that will be covered on the transfer blog at a later time.