Category: Students (page 3 of 8)

International Student Spotlight

Did you know that 28 percent of the Texas Full-Time MBA Class of 2017 are from countries outside of the U.S.? Texas MBAs come from all over the world, and this week we’re highlighting some of our international students who made the long trip to McCombs. Check out what they have to say about Austin, McCombs, and the advice they’d like to share with future international applicants.

 

img-20161014-wa0012Omar Garza, MBA ’17

Where are you from originally? I’m from Chihuahua, a city in northern Mexico that is 230 miles south from El Paso, Texas.

Why did you choose the Texas MBA Program? I chose McCombs because of its very strong Entrepreneurship program as well as the vibrant startup ecosystem at UT Austin and in the city. Austin is one of the fastest growing cities in America and its the perfect place to start a new business.

Any advice for others from Mexico thinking about attending McCombs? My advice to them would be to reach out to current students and alumni.  I’m always impressed by how open and friendly everybody is here and how far people are willing to go to help someone out.

 

dsc_0027-copy Tulio Soria, MBA ’17

Where are you from originally? I am from Brazil. I used to say that I am from São Paulo state. I was born and raised in the countryside of the state, in a small city called Pederneiras with a population of about forty thousand.

Why did you choose the Texas MBA Program? I knew that I needed to be in a tech hub surrounded by brilliant visionaries. The answer for me was the Texas MBA in Austin. The Texas MBA offers challenging courses in information management and analytics, which are essential for a digital leader. Austin has a young, educated population, with a great startup community and fair VC presence, along with a burgeoning creative scene, which is the perfect environment for tech.

Any advice for others from Brazil thinking about attending McCombs? It is an amazing experience to challenge yourself to immerse yourself in a new culture in such vibrant city and program.  My advice for those going through the application process is to visit Austin, visit the school and talk with our alumni and current students.

 

byhYeony Bae, MBA ’17

Where are you from originally? I am from Changwon, a beautiful medium-sized city in southeastern coast of Korea.

Why did you choose the Texas MBA Program? First, I really liked the people and culture. I enjoyed talking to the Admissions Committee and alumni during info sessions and in my interview. I am reconfirming my decision every single day while working with cool, bright classmates and faculty in  a great collaborative culture. Second, the small class size in a huge university setting was very attractive. I wanted to build a strong, personal network in the MBA program and I thought the small class size at McCombs would help me do so. Third, I really wanted to get into the tech industry after completing my MBA and McCombs has a strong network in this industry. Lastly, the location in Austin mattered a lot. I wanted to go through this life-changing experience in a place where I can truly enjoy it.

Any advice for others from South Korea thinking about attending McCombs? You can really be anyone you wish to be in the entrepreneurial and collaborative environment at McCombs. Your classmates, alumni, and faculty will give you full support and help you achieve your dreams – that is the Texas MBA culture. Austin is an amazing place for you to spend two years of precious time and beyond. My time with the Texas MBA and in Austin literally changed my life in many ways. I hope many other Korean candidates come and share my experience.

 

lisa-mariaLisa Maria, MBA ’17

City of Origin: My hometown is in Bekasi, West Java, 20 miles east of Indonesia’s capital city Jakarta, but I spent most of my time from elementary school to high school in Jakarta.

Why did you choose the Texas MBA Program?  I am a double Longhorn and graduated from the Cockrell School of Engineering for my undergraduate degree. I had an amazing experience and knew I wanted to come back for my master’s. Thanks to the UT network, I had the chance to connect with Texas MBA alumni and heard great things about the program, solidifying my decision to choose McCombs. McCombs is very student-run — being in the program has given me opportunities to be active and assume leadership positions in several amazing organizations. I have been in the technology industry my entire career and plan to go back there after graduation; McCombs’ location in the major tech hub that is Austin, TX has provided me a very valuable network in that industry.

Any advice for others from Indonesia thinking about attending McCombs? Austin has similarities with Indonesia in a lot of ways. Indonesian people are known to be very friendly, so are Texans with their Southern hospitality. Austin’s economy is growing rapidly, so is Indonesia’s. And the food scene… Austin has such diverse food options like Indonesia does, although I must admit nothing beats Indonesian food.

luciaLucia Galvez, MBA ’17

Where are you from originally? Lima, Peru

Why did you choose the Texas MBA Program? I wanted a top MBA program with a strong Management curriculum complemented with hands-on experiences, as well as a collaborative environment that fits my personality. I had the privilege of visiting McCombs before applying and people made me feel super comfortable!

Any advice for others from Peru thinking about attending McCombs? McCombs has a lot of opportunities that I discovered after I enrolled in the Texas MBA Program and I knew I made the right decision. If possible, come to Austin and interact with the McCombs community to make sure it is the right fit for you!

To learn more about the Texas MBA Program, admissions events, and application information, please visit the Texas MBA website.

How an MBA Can Help Your Startup Succeed

From Harlan T. Beverly, PhD, Texas Evening MBA ’04

Every year, thousands of students flock to MBA programs nationwide to learn the craft of business. In recent years, many of those students  have come with a gleam in their eye, that of launching and succeeding with their own startup.  At The University of Texas at Austin, MBA applicants can earn a scholarship for their idea, assuming their idea is strong enough. One of the key questions about entrepreneurial education, though, is this: what does it take to succeed at a startup? And more to the point, is that something you can learn in an MBA program?

CbnPEaZUkAAZoOk

2016 TVL Scholarship winners Josh Berrington (left) and William Wilder (right)

Researchers in entrepreneurship have typically focused on the attributes of the founding team as key predictors of success.  While it is obvious that certain characteristics like risk tolerance, persistence, and charisma could be helpful in getting an entrepreneur started, there is still much debate about what it really takes to have a successful startup.

In 2004, I was one of those MBA students with that startup fire in my eye.  Now, a dozen years later and with three successful startups under my belt, I believe that there are many critical things that a student can learn in an MBA program to help better their odds of success.  Here are three things I learned as part of my MBA that I have leaned on to beat the steep odds of startup success (less than 1 in 10).

First and foremost: Define success before you begin. 

Not every startup idea is destined for an IPO or billion-dollar exit.  An MBA helped me to learn how to assess the business potential of a startup idea and set realistic goals for what success looks like.  All too often, startups fizzle out because they reach too high or even achieve limited success…but fail to exit at the right time.

Second: Learn, learn, learn. 

No matter what it’s called – “market validation” or “lean startup” or listening to customers – learning, and adapting is essential to success.  My MBA helped me understand both what I needed to learn (pricing for example), and how I could learn what I needed from real customers quickly.

Finally: Success is never achieved in a vacuum.

My MBA helped me to understand the importance of networking. Hiring and firing are essential leadership skills as a company grows, and an MBA not only helps you understand the leadership principles, but also helps you develop team-based skills to work well with others. For me, it was at UT Austin that I met the co-founders of my first company, as well as many future business partners.

Clearly there are many things to learn and skills to develop as part of an MBA. Can they help an entrepreneur be successful?  Absolutely.  The University of Texas’ Jon Brumley Texas Venture Labs has proven capable of developing MBA students into successful startup founders. The new Texas Venture Labs MBA Scholarship is now open and accepting qualified applicants with world-changing startup ideas. Learn more about the application requirements and submit your application today!

Navigating Your MBA As A New Parent

From Dave Jackson, Senior MBA Admissions Officer

MBA programs for working professionals provide an inherent challenge – how to manage the competing priorities of work, school and a personal life. Many wouldn’t think of adding to that mix perhaps the ultimate challenge, caring for a new baby.

Nevertheless, working professional MBA students at McCombs have demonstrated that it can be done with the right planning, prioritizing and support network.

“There’s never a ‘right’ time to have a baby,” says Denise Xue (Texas Evening MBA Class of 2017), a financial analyst at Intel who gave birth to her son Daniel on April 9, 2016, during her fourth semester in the program. “Having a baby while getting an MBA is certainly not easy, but I never regret it one bit. You will be extremely busy, and feel challenged both physically and emotionally, but at the same time you will also feel proud of yourself for the things that you accomplished.”

Here is some advice from Denise and other recent parents for those contemplating parenthood in combination with their Texas MBA:

  • Plan Ahead – To say time management is imperative would be an understatement. Adding parental responsibilities means students have to plan even more proactively. “One of the most important things I do is to work ahead in school,” said Kirk Geohegan (Texas MBA at Houston Class of 2017), a server engineer at ExxonMobil whose son John was born on Feb. 4, 2016, the night before a class weekend during his second semester. “I do reading or part of an assignment every day so that I can spend time with my wife and son on the weekends. If an emergency comes up at a home or work I have plenty of time during one of the other days or my weekend to catch up.” Kirk also uses his lunch hour at work to study so he has more time for his family at night.
  • Be Honest About Priorities – When something as significant as a baby comes into your life, it’s certain that other things will need to go away, at least temporarily. Kristi Johnson (Texas MBA at Dallas/Fort Worth Class of 2016) delivered baby Alaina on July 6, 2014, exactly one month before her Austin Intensives in 2014. She was able to work with her boss at Corning, where she is a market development manager, to reduce her work travel to less than 25 percent while restructuring her work day to 7 a.m. – 5 p.m. Kristi also reduced her workout schedule to one day of soccer and the occasional run, but she says she felt more productive in both work and fitness even as she scaled back. Kirk and Denise agree that they’ve become much better at maximizing their productivity by taking on both parenting and an MBA at the same time.
  • Accept Help – A student’s spouse, parents, co-workers and extended family are among the many resources these new parents tap into to help them. All three parents agree that a supportive spouse is most important, not only for managing responsibilities, but for providing emotional support as well. In addition, parental support helps the spouse with responsibilities while the student is in class. Kirk said his parents and in-laws came to the hospital so he could get to classes the weekend after his son was born, while Denise’s parents helped to care for Daniel while she took her international trip to China.
  • Timing Is Everything – Kirk and Kristi both discussed with their spouses the advantages of having a very young child while they were in the program, and in the end both decided it was better to take time for an MBA now rather than when their child was older. “My wife and I knew we wanted to have a child,” Kirk says. “We figured that it would be easier to go through the program while she was pregnant and our son was a baby rather than when he was a toddler.” Kristi admits that while it was hard to miss the sight of her daughter rolling over for the first time, “getting to see her at almost 2 and singing ‘Let It Go’ from Frozen as she colors is far better than rolling over.” (Kristi’s second child, son Isaac, was born July 21, two months after her graduation)
  • Stay In The Moment – Work, school and parenting are all demanding activities, so Kristi advises, “When at work, be at work. When doing family time, do family time. When in school (or doing schoolwork), focus on school.” Nevertheless, some creative multitasking can work. Denise held her young baby in a carrier while he was falling asleep in order to free her hands to do homework. All of the parents advise clear communication with your study group and professors and have found them all to be supportive as they go through this major life event.

But even with the best preparation, all the responsibility can feel burdensome at times, and perhaps Denise sums it up with what could be the working professional MBA’s credo: “When you feel overwhelmed, remind yourself why you’re getting an MBA and power through it.”

The MBA Admissions Interview: How to Totally Crush It

From the Texas Full-Time MBA Admissions Committee

You submit your application. You wait and wait and then, TA DA! An interview invitation appears in your inbox.  Your immediate reaction is probably several mental exclamation points (!!!), but I think it’s fair to say that all MBA applicants feel pretty dichotomous when it comes to the interview experience. Something like:

Yay I got invited to interview! But oh my goodness, now I’m totally freaked out and have a million questions; What are they going to ask? Should I be myself or should I open with a joke I read online? Should I bring my resume in strawberry-scented triplicate? What do I wear? Should I interview on-campus, via Skype, or off-campus? Is it better to interview with a current student, admissions officer or alumni? Should I send a follow-up thank you via email, a hand-written card, or none at all?  How do I set up the interview in the first place?! Eeek!

Breathe. Like anything else, your MBA interview invitation is an opportunity. While some applicants may look forward to it, others may not exactly enjoy the anxiety. If you are a member of the latter group, look at it this way: this interview can be just the thing the Admissions Committee needs to stitch together the rest of your application elements with a genuine, prepared, and poised interview performance.

The interview affords one of the only formal opportunities for official face-to-face interaction during the application process. Seize it.

You are most likely applying and subsequently interviewing with multiple MBA programs. This means managing several different interview processes, a complicated project given the variability among schools. It’s important to be familiar with how the Texas MBA Program runs its interview operations.

Instructions are plastered all over the email invitation to interview and the online systems you use to book the interview, so be sure to read all instructions very carefully before scheduling anything. Generally speaking, our interview structure is this:

Interviews are by invitation only and can come at any time during the application round. There are four different interview types: on-campus with a student, via Skype with a student, off-campus in your local city with an alumni interviewer, or at a HUB city location with an admissions officer. For each type (excluding alumni interviews) there is an online calendar from which you can select an interview slot that works with your schedule. We will inform you of the last date your interview needs to be completed. The only exception to this is booking an interview in your local city with an alumni interviewer; that process is slightly different, but we provide the step-by-step instructions in our interview invitation communications if you decide to go that route.

Rest assured all of our current student interviewers, alumni volunteer interviewers and admissions officers are fully trained and capable of conducting an interview that is professional, fair, impartial and helpful. Interviews typically last anywhere from 30 minutes to an hour. All interviews are blind, which means the interviewer does not have access to anything about you or your application, except for your resume. Even so, it’s always a good idea to bring a copy for the interviewer to reference during the conversation (this is required if you are interviewing with an alumni interviewer).

Most interviews follow the general framework of introductions, questions from the interviewer for you to answer, then some time is left at the end for you to ask your questions about the program and/or application process. Once the interview is completed, you are finished! There is nothing further you need to do and your application is considered complete. All that’s left is to wait patiently for our final decision in the weeks that follow.

TIPS & PITFALLS TO AVOID:

Choose Wisely: Decisions, decisions. Interview type selection is like deciding on your coffee order at Starbucks – copious options, but there’s something for everyone. Each type of interview affords individual benefits. If you’re located proximate to Austin, try to come to campus for an interview. If you have never been to campus or met us in person before, we highly recommend interviewing on campus to get a feel for the facility and community culture. You might even be able to book a class visit, information session, or tour and interview all in the same weekend. A special “Lunch & Learn” session will be offered on select interview dates. If you can’t make the trip due to work conflicts or you are internationally-based, you might consider taking advantage of our alumni interviewers in a city near you. We also offer HUB interviews in markets around the world, such as Korea, China, India and Mexico. Or maybe none of that works for you and Skype is the only way to get it done. No problem, that option is always available. We see your interview type selection as entirely logistical and do not hold it against you if you don’t interview with us on campus.

Don’t Be On Time – Be Early: Arriving early is “Interviewing 101,” yet it still manages to falter even the most prepared of candidates.  Arriving early is even more critical if you’ve never been to campus or navigated UT Austin parking before. As for Skype, your instructions ask that you are prepared to begin the Skype video call at the allotted interview start time, but it’s always a good idea to arrive 5-10 minutes prior to work out any inevitable technological hiccups that crop up.

“And that’s why I’m scared of heights and allergic to strawberries…Wait, what was the question again?”:  You’d be surprised how many times at the end of an applicant’s long-winded tangential answer we are asked to repeat the original question. Most often this happens to people who try to cram too much into the first answer for fear of not being given an opportunity later on to address that well-rehearsed example. Don’t worry, we’ll get to it! Plus, sometimes there is an opportunity at the end of an interview to mention anything we didn’t address in the formal line of questioning.

Loosen Up: Given our program’s famously friendly culture, our interviews are relatively informal. If you still find yourself nervous, practice your answers in front of a mirror, a friend or a willing stranger and ask them how you did. Did you answer the question? Did you rush through it? Take a moment to outline your answer in your mind first, and then address it calmly and confidently. Don’t get too comfortable, though. While we’re an easy-going bunch, maintaining an appropriate level of professionalism is always a good idea. This includes professional language and attire as if you were interviewing for a job (that means you too, Skypers! I’m sure your pajamas are lovely, but we’d much rather see a blazer.).

Know What We’re Looking For: We listen for confidence, clear and concise communication of career goals, concrete examples of teamwork and leadership, in-depth knowledge of our MBA program, and overall genuine enthusiasm. Also, the interview can be a place to showcase secondary skills that are difficult for us to determine solely based on your application: interview skills, self-awareness, communication style, and “hire-ability.” Keep these in mind so we can get a feel for the application intangibles.

Know Your Audience: Remember, the Admissions Committee doesn’t have a preference for which interview type you elect or who you interview with, just as long as you prepare for your audience. Are you interviewing with an admissions officer?  Read about them on our Admissions Committee page. Our alumni interviewer profiles can be found on our website.  If you’re interviewing via Skype or on-campus, be cognizant that not every student has the same background as you!  Steer clear of industry jargon.

Come with questions: A good list of questions for your interviewer can illustrate a few key things about you as a candidate: you’ve done your research, you care about our program, you have envisioned yourself as an MBA, and you can formulate coherent thoughts under pressure. We usually leave anywhere from 10-15 minutes for questions, so limit your list to 2-3 good ones and have a few backups.

While our interviewing style is admittedly less intense than corporate recruiters, don’t let our laid-back Austin attitude fool you. The Admissions Committee uses the interview as a way to add character, depth and spirit to your written application, so keep these tips in mind to ensure a positive outcome.

Good luck and Hook’ Em!

 

Entrepreneurship at McCombs: Austin Startup Week

The McCombs School of Business, ranked #6 for entrepreneurship by U.S. News & World Report, offers many unique resources in one of America’s most innovative cities to prepare students for new business ventures. Many Texas MBA alumni have gone on to run successful startups not only here in Austin, but across the country. Check out some of the companies our awesome alumni have started as we gear up for Austin Start Up Week on October 3, 2016.

Sock Club: Noah Lee, MBA ’16

Sock Club offers a monthly sock subscription and customizable sock designs, with delivery straight to your door. 

  • Founded: 2012sockclub-847b3fcd4214f607a3f5e426e9e175b4
  • Advice to current students: Half the battle is getting started. You will never know if the idea will succeed unless you try it.
  • Favorite part of current position: Every day brings a new challenge.
  • Biggest challenge as an entrepreneur: Finding the time to get everything done and finding good help.
  • How did you and your partner Dane come up with the idea for Sock Club? We read a Forbes article on a subscription sock company that shipped black Italian dress socks, we liked the idea of a reoccurring revenue model, and thought it would be better to do it with colorful socks. Away we went.
  • How did McCombs and the Texas MBA Program help you in running your business? Running a new company requires managing your mistakes and opportunities, and is impacted by how effectively you can react to the results of your economic activity. The Texas MBA Program didn’t necessarily teach me how to do things. It taught me how to think about things and make decisions.

Nicely Noted: Perry Nelson, MBA ’10 

A stationery subscription service that delivers a curated collection of letterpress cards and stamps to your mailbox every month.

  • Founded: 2011xnorsrpc
  • Advice to current MBAs: Take risks while you have the safety net of being in school. You have unique access to almost anyone in the business community by approaching them as a student; take advantage of it.
  • Favorite part of current position: Wearing many hats! Every day is different, and the challenges run the gamut from working with developers, training interns, and pitching press for editorial coverage to assembling the monthly mailing, and more.
  • Biggest challenge as a business owner: Prioritizing and keeping the core value proposition at the forefront of all your efforts.

Beatbox Beverages:  Aimy Steadman, Justin Fenchel, Dan Singer, & Jason Schieck, MBA ’13

A ready-to-drink mixed alcohol beverage, prepared in Austin. 

Justin Fenchel says:beatboxlogo_retina

  • Founded: 2011
  • Advice to current MBA students: Take a chance — you have two years to explore what you really want to do. Try not to get caught up in the chaos of who has a job and who doesn’t. Take the time to find out what you really want to do because you’ll never have a better opportunity.
  • Favorite part of current position: Working doesn’t feel like work.
  • Biggest challenge as an entrepreneur: Stress and fear from starting a business in an industry that we effectively have no experience in.

You’re Invited to McCombs Entrepreneurship Night!

Smart People. Big Ideas. New Connections.

What happens when you combine Austin Startup Week with McCombs’ renowned faculty, world class students and alumni, and Austin’s hottest tech startups? McCombs Entrepreneurship Night!

Come meet successful McCombs entrepreneurs from the Texas MBA and Texas MSTC programs showcasing their startups. You’ll have the opportunity to network with current students, alumni and local entrepreneurs from the growing Austin Startup scene. Join us for discovery, a great time, and complimentary food & drinks.

Register for McCombs Entrepreneurship Night

Meet Us During the ATX Startup Crawl!

The ATX Startup Crawl is a celebration of technology and entrepreneurship in Austin! The Texas MBA Program will be present during the event to answer answer questions and share with you how an MBA degree from The University of Texas at Austin can help you increase your potential and jump start your career.

RSVP today to grab your spot to network with more than 90+ Austin startups and don’t forget to stop by our booth!

Thursday October 6, 2016 5:00pm – 10:00pm
800 Congress Ave, Austin TX 78701

RSVP HERE

Check out more startups started by McCombs alums: http://www.today.mccombs.utexas.edu/2013/12/mccombs-alumni-product-guide

Older posts Newer posts

© 2018 Texas MBA Insider

Theme by Anders NorenUp ↑

Subscribe By Email

Get every new post delivered right to your inbox.

Please prove that you are not a robot.

Skip to toolbar