Category: MBA at Dallas/Fort Worth (page 2 of 23)

Hands-on Learning at McCombs: MBA+ Consulting Projects

The Dow Team, MBA+ Consulting Project, Fall 2014

The Dow Team, MBA+ Consulting Project, Fall 2014

The MBA+ Leadership Program connects Texas MBA students from all programs with thriving companies looking to overcome challenges through short-term micro-consulting projects. This past fall, Texas MBAs worked on 40+ projects with over a dozen major companies including Clorox, FABERNOVEL, Strategy&, OriGen Biomedical, PricewaterhouseCoopers, Big Red, & Dow.

“[For our project], we looked at venture capital investment trends in energy, transportation, healthcare, finance, and media/entertainment.  We then looked at how these investment trends were indicative of trends in the various industries and how FABERNOVEL can work with potential clients to address issues they may be facing in these changing industries.
I think that we had a great project experience. We each were able to learn a lot more about trends in industries with which we were not necessarily familiar, and the client was very easy to work with so we had a lot of opportunity to guide the final output and be successful.”

Matthew Cohen, MBA ’16, Team Leader, FABERNOVEL project.

Team Leader, Matthew Cohen & the FABERNOVEL Team, MBA+, Fall 2014

Team Leader, Matthew Cohen (left) & the FABERNOVEL Team, MBA+ Consulting Project, Fall 2014

MBA+ projects are a great way to help students bridge the gap between concepts they are learning in the classroom and practice in the business world. Students are able to immediately apply what they are learning, as well as gain experience in a new industry or functional area.  They are also able to get an inside glimpse into companies they might work for in the future to get an idea of the company’s culture and vision.

On the flip side, companies are able to identify students who are a good fit for their internship and full-time positions.  It’s one of the earliest avenues for students to meet company representatives and practice their networking and relationship building skills. Since they are team-based, projects are also a great way for students to meet their classmates and expand their personal network. The MBA+ Program also helps students gain leadership competencies such as accountability, team-building, influencing, negotiating, conflict management, leveraging diversity, dealing with ambiguity, written and oral communication skills, problem-solving, decision-making, resilience, and more!

Working Professional & Executive 2015 Women’s Forum Recap

Texas MBA Women's Forum - Welcome sign and table

The Texas MBA recently held its annual Women’s Forums for all Working Professional and Executive MBA Programs in Dallas, Houston, and Austin! Faculty, staff, alumni, and current students from the Texas MBA at Dallas/Fort Worth, Texas MBA at Houston, Texas Evening MBA, and Texas Executive MBA programs hosted around 60 prospective women MBAs for a day of information sessions and networking receptions.

Women attendees at information session - 2015 women's forum

Texas MBA at Houston Women’s Forum, Career Presentation

These events give prospective women MBAs the opportunity to discover all aspects of the Texas MBA program and how they can unlock their potential and develop as business leaders. Women’s Forum attendees had the opportunity to hear an overview of the Texas MBA program and connect with women in the program to learn about their experiences.

A highlight of the event was a talk from premier professional development coaches, Valerie Savage.
Valerie is a seasoned executive with 30 years of financial, strategic, operational and investor relations experience as an executive and consultant for private and public companies. Her session at the Women’s Forum demonstrated how to identify and articulate unique credentials to help position professionals for a successful career.

Choosing to pursue an MBA presents unique challenges for women, especially working professionals. The Women’s Forums provided realistic insight into the program, life as an MBA, and opportunities for candid discussion with former and current students.

If you were not able to attend the Women’s Forum this year, check out some of the other events happening on campus. We hope to see you soon!

Professional or Executive: Which MBA Is Right For You?

Professional or Executive: Which MBA Is Right For You?Compare the class profiles of our Executive MBA program and professional MBA programs (Evening MBA, MBA at Dallas/Fort Worth, and MBA at Houston), and the differences can seem quite obvious. But there’s actually a broad grey area, career-wise, where many professionals could plug and play very well in either type of program.

In the end, it’s your call on where to submit your application, but remember it’s a two way street. You decide where you belong, and the admissions committee agrees.

Here is some advice on how to make an informed choice, and what to do if you think you may not “fit” the profile. Continue reading

You’ve Got Application Questions, We’ve Got Answers

Application FAQsWhen all else fails…

You know how this ends. Most likely you’re thinking “How hard can this be?” But trust me, after serving on the admissions committee for a top-ranked MBA program for the past five years, the simple act of reading the directions can provide you with opportunities to have more meaningful interactions with the admissions committee during the application process.

This past year not only did we overhaul our admissions section of the website, we implemented a new application system that includes embedded instructional videos and links to help you get through the process as you work through your application. Even with all that there’s always a special situation that wasn’t addressed, and we’re here to help everyone with questions.

So here are some A’s to your top 5 FAQs, and some tips that go above and beyond what the instructions may provide. Continue reading

Acing It: GRE vs GMAT

Life is all about choices.  Lease or buy?  Diet versus regular? GRE or the GMAT? But when personal preference for aspartame doesn’t immediately establish you firmly in one camp or another, it’s time to stop and think what the choice says about you.  When it comes to choosing between taking the GRE or the GMAT for your MBA application, how do you choose the right test for you?

In this post, I won’t address the logistical implications of each exam (such as the GRE is cheaper and offered at more locations and the GMAT is accepted at more business schools so it’s more bang for your buck.)  Nope, not going to go there.  You can Google yourself silly with all of their basic differences. Instead, I will address choosing the test from an admissions perspective, assuming you’re planning on submitting an application to the Texas MBA Program sometime soon.

Basic case in point:  the Admission Committee doesn’t care which test you take.  Ultimately it’s up to you.  We don’t believe intrinsically the opinion that one test is better at demonstrating your preparedness for b-school than the other because we believe that standardized test scores are not the only thing on your application that illustrate your academic abilities.  If it were used alone, perhaps the more traditional approach of using the GMAT would suffice, but it’s not.  We use many, many other things.  But that’s a whole other post.

Much like other choices you make on your application, if you choose wrong you can put yourself in a position of unnecessary disadvantage.  We realize the tests are different and applicants choose each for varied and valid reasons, therefore we couldn’t have a preference at face value.  However, what we DO prefer is that you think hard about which test you need to take within the context of your overall goals.

CHOOSING BETWEEN THE GMAT AND THE GRE DEPENDING ON YOUR…

CAREER GOALS 

The GMAT is required for most Consulting and Investment Banking companies because they use your score as a baseline qualifier for the recruiting process.  If Consulting or I-Banking are in your sights, this means that the GMAT is the best choice because you could take it once and use your score for both your Admissions application as well as your career recruitment profile.

Additionally, some recruiters outside the I-Banking and Consulting space may not have a strong preference either way which test you take, however they may have more experience assessing skill set based on the GMAT.  If you choose to take the GRE you should understand that it is less common and therefore makes it more difficult for recruiters to compare these results against the majority of applicants that take the GMAT.

DEGREE GOALS

Sometimes, the GRE is the best choice for those applicants who are pursuing their MBAs in conjunction with another Masters, like in our Dual Degree programs.  Once again, taking only the GRE allows you to apply to both programs separately with one score, a convenience factor that most Dual Degree applicants very much appreciate given how much more paperwork is required to submit applications for two programs.

PERCEPTION OF TEST REPUTATION

Don’t qualify as an applicant pursuing Consulting/I-Banking/Dual Degree?  There are still some key differences in the tests that may have some bearing on your decision for which to take.  A little history lesson: MBA programs only started accepting the GRE as an alternative to the GMAT over the last few years.

Alumni and hiring companies are more familiar with the GMAT and its score scale.  With the GRE new on the scene, they may need clarification regarding what the GRE score actually means and how the quantitative and verbal score sections may translate to the GMAT scores they are used to.

MBA Admissions Officers are also new to the GRE setting.  However, many of us have worked with the test and have recruited amazing candidates to our programs since we started accepting it a few years ago and are more comfortable assessing verbal and quantitative skill sets based on those scores.

So ultimately, which test is best?  Our advice is to choose wisely using your academic and career goals and knowledge of each test’s reputation in both the admissions context and the professional world to make the best choice for you.  If none of the above circumstances speak to your situation, then truly you are free to pick the exam you prefer.  Either way, we say “good luck!”

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