Category: Full-Time MBA (page 3 of 51)

Entrepreneurship at McCombs: 2016 TVL Scholarship Competition Recap

The Jon Brumley Texas Venture Labs (TVL) at The University of Texas at Austin is a campus-wide initiative to accelerate start-ups in taking their innovations to market. In coordination with the McCombs School of Business, they have created the TVL Scholarship, a unique program for entrepreneurial students interested in attending business school.

This year’s TVL Scholarship Competition Semi-Finals & Finals were held on February 19th. Fourteen presenters gave their pitch to a panel of judges in hopes of winning the scholarship. Each TVL Scholarship is worth up to $174,000 and includes:

– $10,000 per year scholarship, as well as in-state tuition (for a total of $25,000 per year scholarship value).

– Consideration for admission of your company into the TVL Accelerator upon graduation.

– Consideration for a post-graduate position as a Venture Partner worth $50,000.

– Continued support from Texas Venture Labs throughout the development of your company.

Congratulations to the 2016 TVL Scholarship Winners!

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

Full scholarships were awarded to two first-place winners:

  • Josh Berrington, for Q’ello – a plant-based milk that is completely traceable and delivered right to your door.
  • William Wilder, for Wilder Systems – a business that supplies automated tools to the aerospace industry to improve productivity and quality.

First Runner-Up was awarded to Beth Hood,  for Tekton Industries, LLC and Second Runner-Up was awarded to Mahesh Murali for Falcon Technology.

More Entrepreneurship at McCombs

The McCombs School of Business, ranked #6 for entrepreneurship, offers many unique resources in one of America’s most innovative cities to prepare students for new business ventures. Learn more about TVL or check out these other resources:

Full-Time MBA Admissions: Round 1 Update & Round 2 Deadline Approaching

From Rodrigo Malta, Director of Texas MBA Admissions:

Hello and Happy New Year from Texas MBA Admissions! Our second Full-Time MBA application deadline is quickly approaching, so I wanted to take time to share some thoughts with all of you. We are excited to have kicked off the 2015-2016 admissions cycle with a very strong Full-Time MBA Round 1 that saw an increase in both the quantity and quality of applications. For Round 1, we have received over 800 applications from 40+ countries!

We released our Round 1 admissions decisions before winter break in December. For these newly admitted students, mark your calendar for February 12th, as this is the date for our Preview Weekend Event for Admitted Students right here in Austin. You can find more information on this highly anticipated event, including registration, on the admitted student website.

Discover More Reasons “Why McCombs?” 

If you are applying to our Round 2 by January 12th, you are at the home stretch! Here are some fantastic blog entries to help you complete your application:

Recommendations & ReferencesRecommendations & References The Road to McCombsThe Roads to McCombs You’ve Got Application Questions, We’ve Got AnswersTips on the Application

If you have any questions, please feel free to reach out to us via email at TexasMBA@mccombs.utexas.edu and we encourage you to check out our many upcoming events.
We look forward to seeing you soon!

Hook ’em!

The Waitlist: FAQs & How Tos

From Senior Admissions Officer, Julia Campbell & the Texas MBA Admissions Team:

The Texas MBA program admissions team is a very lucky bunch. We receive many applications from highly qualified applicants, which we are regrettably not able to fit inside our four walls of physical space. The result of this limitation is candidates being placed on the Waitlist. This is not a final decision from the Texas MBA Admissions Committee, rather a place to wait and see what unfolds.

Admittedly, it can be a challenging place for applicants to be, given its uncertainty and lack of a clear timeline and expectations, but we feel very strongly that it is also a wonderful opportunity, an exercise in patience, and a gift of time not given to all who apply.

In order to better assist our applicants on the waitlist, below is a list of Frequently Asked Questions with regards to the waitlist decision timeline, supplemental material requests, interviews, feedback and other common questions.

WAITLIST FAQ’s:

WAITLIST TIMELINE AND DECISIONS:

When will I have a final decision?

The Admissions Committee periodically reviews candidates currently on the Waitlist (as it seeks to balance the diversity of the incoming class), but we are not able to offer a concrete timeline of when you will hear your final decision. This is due to the uncertain and often unpredictable nature of the admissions process, and we are not able to predict the movement of the incoming class.

What is the latest date anyone has been admitted from the Waitlist?

We are unable to guarantee a timeline of when you will hear a final decision, however most decisions are typically released by early summer. In rare circumstances, decisions have been released as late as mid to late summer. While this is not a common occurrence, you are able to remain on the Waitlist as long as you are willing to continue being considered for admission. If your personal decision-making timeline does not allow you to remain on the waitlist, you are able to request to be removed at any time by emailing MBAWaitlist@mccombs.utexas.edu. We are not able to honor early decision requests from candidates on the Waitlist.

What if I am an international student on the Waitlist and I need a decision in order to begin the visa application process?

We are aware of the timelines required of international students and obtaining a visa. We understand that international applicants need time to process a visa, but unfortunately we may not know the final diversity and make-up of our class. Therefore, you may choose to remove yourself from the Waitlist due to visa timing issues.


WAITLIST SUPPLEMENTAL MATERIALS:

Can I submit new materials for consideration to enhance my candidacy?

As the Admissions Committee periodically reviews candidates on the Waitlist, there may be an opportunity for supplemental information or materials to be submitted for further consideration of your candidacy. It is not a guarantee that we will ask for an update or more information if we feel we have enough information in your original application to render a final decision. While typically we ask that candidates wait until prompted by Admissions Staff to provide supplemental information, we understand that there may be timely information or updates that you consider important. With regards to this type of new information (such as a recent promotion, a new test score, or a new job), you may inform the Admissions Committee by emailing the updated information to MBAWaitlist@mccombs.utexas.edu.

When can I submit supplemental materials and how much lead-time will you give me to collect them?

In the event that the Admissions Committee requests additional or supplemental information to further consider your candidacy, an email will be sent to all candidates currently on the Waitlist approximately one week prior to the review period so there is plenty of time to collect materials for submission.

What kind of supplemental materials do you ask for?

While we can ask for a range of materials, typically it is a new resume, recent job promotion information, or a new test score. Occasionally, we might ask to clarify your career goals or provide us with your back-up plan.

How can I submit these materials?

Specific submission instructions will be sent along with the request for information, but typically supplemental materials can be sent directly to MBAWaitlist@mccombs.utexas.edu in the form of scanned PDF files to be uploaded manually to your application by our admissions staff (your application in the system cannot be edited once submitted).

I want to reiterate my interest & enthusiasm for the Texas MBA program, but don’t have specific updates (as listed above.) How can I do this?

The Admissions Committee prefers that you wait to be solicited for any supplemental items, and that any sent are material updates to your application. Please refer to the list of acceptable materials/information above. However, if you would like to let us know where the Texas MBA program ranks among your choices of schools, why we are the best fit for you and your career goals, or what other schools you are applying to, you may send that information along to the MBAWaitlist@mccombs.utexas.edu email address and we will be sure to include it as an attachment to your application.

Who should I direct my questions or supplemental materials to?

All Waitlist inquiries and supplemental information should be sent to MBAWaitlist@mccombs.utexas.edu. We will ensure that your materials and information are uploaded to your application for the Admissions Committee’s review.


WAITLIST INTERVIEWS:

Will I get a chance to interview if I’m placed on the waitlist and I haven’t already interviewed?

Interview invitations can come at any time during the admissions cycle. We do not interview all candidates on the waitlist. If we deem it necessary, we will request an interview while you are on the waitlist to further assess your candidacy. Please wait for an invitation via email.

WAITLIST APPLICATION FEEDBACK:

Can I receive specific feedback on my application?

We are not able to provide individual feedback on your application due to both the large volume of applications we receive and fairness to other applicants in the pool. However, we are always willing to discuss what makes a strong application, generally. This information is discussed in detail on our website.

GENERAL WAITLIST QUESTIONS:

How many people are placed on the waitlist in a given year?

Each year, we receive approximately 2,000+ applications total and the incoming class is approximately 270. While there are many qualified individuals, we are limited by the amount of space in our classrooms. The Admissions Committee thoroughly reviews each application holistically, but due to the extremely competitive applicant pool, the waitlist includes very strong candidates that we do not have room for at the time of decision notification. Each year, the applicant pool changes (different people apply) and the strength of that pool varies. Therefore, the size and strength of the waitlist varies considerably year to year.

Why haven’t I been contacted with further instructions, asked for an update on decision timing, or been sent a request for further information?

The Admissions Committee reviews candidates currently on the waitlist on a rolling basis depending on space created in the incoming class. As the timing of movement is largely out of our control, we are not able to predict key timelines associated with the waitlist until later in the admissions cycle. We would not be able to send you further instructions for gathering supplemental materials if we were not able to identify potential room in the incoming class. We ask that you continue to remain patient as we gain insight into the availability of space in the incoming class and trust that we will reach out to you in a timely fashion should we require further information or have any material updates regarding your candidacy.

Should I request an early decision if I have other enrollment deadlines to adhere to?

We are not able to honor early decision requests from candidates on the waitlist. If the Texas MBA program is at or near the top of your list of schools, we recommend you remain on the waitlist as long as your decision-timeline can bear. The reason not to request an early decision is that at the time of your requested early decision date, we may not have a full picture of available space in the class.

Is there an appeal process if I did not get admitted off the waitlist?

All admission decisions are considered final for a given application cycle (i.e., year). You are welcome to reapply to the program again next year. We do not hold this season’s application against you. We evaluate your new application on its merits and in the context of the new applicant pool.

Texas MBA Admissions
MBAWaitlist@mccombs.utexas.edu
512-471-7698

Please note our holiday hours this season.

2015 Texas MBA Women’s & Diversity Forum Events

This past weekend, the Full-Time Texas MBA program hosted their annual Women’s Forum at the McCombs School of Business here at UT-Austin. This is always an exciting McCombs event and this year’s attendance was strong! 83 potential MBAs had the TX womenopportunity to interact with McCombs faculty and staff, alumni, and current students during a number of information sessions and networking receptions, allowing them to learn more about all aspects of the program and begin to picture themselves as Texas MBAs.

Professor Srinivasan of the Texas MBA program

Texas MBA Program Professor, Raji Srinivasan

“It was a wonderful and large group of women, who
were excited to learn about the Texas MBA program, the University of Texas at Austin, and Austin! There was animated discussion about the challenges of coming back to school, especially for women, and issues related to career switching. I enjoyed speaking to them and learning about their career goals and aspirations. This is a great group of prospective MBA students and I look forward to seeing many of them in the fall of next year.”

– Professor Raji Srinivasan

 

A Global Perspective.

The 2015 Texas MBA Diversity Forum was also this month, on November 14th. McCombs hosted 88 attendees from all over the world and these future MBAs had the opportunity to get to know program staff, faculty, alumni, current students, and each other for a first-hand look at the Texas MBA program.

Highlights from this year included a “Why McCombs?” presentation from Assistant Dean, Tina Mabley, in which she discussed what makes McCombs and the city of Austin stand out, from innovative culture, to beautiful outdoor spaces and a thriving arts and music scene. Attendees also learned about our dynamic student life through interactions with members of McCombs student organizations.


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

International Student Spotlight: The Road to McCombs

Texas MBAs come from all over the world. 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.

Texas MBA Student Faraha Kukkady

Name: Faraha
City of Origin: Bangalore, India

Why did you choose the Texas MBA program? I wanted a school that was into social impact and also has a strong entrepreneurship program. I also had the fortune of visiting the school before applying and I loved the reception I received. It was a fit right away! And Austin has a great music scene, which is a bonus!

Any advice for others from India thinking about attending McCombs? McCombs has a lot of hidden gems which I discovered after I joined the program. I would advise speaking to as many students and alums as you can to understand how McCombs can help you achieve your goals.

 

Texas MBA Student ShinName: Shin
City of Origin: Seoul, South Korea

Why did you choose the Texas MBA program? I knew alumni from McCombs and they recommended I apply because it is an amazing school. The community is friendly, diverse and very open to new-comers.

Any advice for others from South Korea thinking about attending McCombs? McCombs has so many hands-on opportunities, like MBA+, which will prepare you for any business environment in your future. Austin also has great weather and super friendly people!

 

Texas MBA Student Martin Cantu Name: Martin
City of Origin: Monterrey, Mexico

Why did you choose the Texas MBA program? Texas MBA is a top MBA program that sets itself apart from other business schools. McCombs has a unique, friendly culture which helps anyone make the best of their program. A “pay it forward” attitude prevails in every McCombs student and alum. With the help of these networks, any goal seems feasible, and with Austin, a friendly, awesome city, included in the decision-making process, the choice becomes a no-brainer!

Any advice for others from Mexico thinking about attending McCombs? Come to Austin to meet the McCombs community! You will learn about the program, meet the admissions team, get to know current students and their experiences, and get advice on the future steps you need to take with your application (Take advantage of this opportunity, students want to help!) You will soon realize that the Texas MBA is the program you are looking for.

 

Texas MBA Student XiaopingName: Xiaoping
City of Origin: Shanghai, China

Why did you choose the Texas MBA program? First, McCombs offers a customizable schedule that can be tailored to my personal goals. I can dive deep into the Corporate Finance Concentration and the MBA+ Program, to convert learning into action. Second, I appreciate the culture, diversity and collaborative community of McCombs and UT. My cohorts at McCombs are community leaders with diversified backgrounds. Learning from their valuable thoughts and experiences can inspire me to think more deeply about my career goals, life philosophy, and my contributions to society.

Any advice for others from China thinking about attending McCombs? I did a lot of research to choose McCombs, and after arriving here, things are far beyond my expectations! I really enjoy the down-to-earth culture. Most Chinese applicants do not know much about Austin and Texas. Texas’s current economic situation is the best among all the states in the US. More and more companies, especially the high-tech companies, are moving into Texas for this reason. Austin is a fast-growing city and the people here are nice and warm and you can enjoy the city life as well as the great natural scenes.

 

Texas MBA Student Arjun Dhand

Name: Arjun
City of Origin: Dehradun, India

Why did you choose the Texas MBA program? I was looking for an MBA Program which would allow me to leverage my background in energy as well as provide world class education and professional opportunities. McCombs was therefore my top choice!

Any advice for others from India thinking about attending McCombs? Spend a lot of time reflecting on your experiences, professional, academic and generally in life. Find a theme in your experiences and tie them to your story. It’s YOUR story, no one can tell it better than you, and McCombs is a great place to do that.

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

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