Tag: MBA admissions (page 2 of 6)

What’s New in the 2023-24
Texas McCombs Full-Time
MBA Application

Texas McCombs is delighted to unveil the 2023-24 Full-Time MBA application deadline and components, featuring significant updates that reflect our dedication to reducing bias, fostering inclusivity, and improving accessibility in the admissions process. We are excited to offer an extended application submission window, including our Round 4 deadline, providing applicants with more time to carefully prepare and submit their materials. Additionally, in recognition of the unique profiles of our applicants, we are expanding our standardized test options to include the GMAT Focus, GMAT, GRE, and Executive Assessment, and ongoing merit-based test waiver.

As part of our commitment to enabling applicants to showcase their unique voices, we are bringing back the video assessment component and introducing an optional peer interview, providing enhanced avenues for self-expression as well as authentic conversation. These updates aim to create an inclusive and welcoming admissions experience, ensuring prospective students have an equal opportunity to shine and contribute to our vibrant community at Texas McCombs.

APPLICATION COMPONENTS FOR THE 2023-2024 ADMISSIONS CYCLE

Our Admissions Committee dedicates itself to a meticulous, holistic review of each application. Our objective is to determine if you are a good fit for Texas McCombs and to be sure we are the right school for you and your goals. There are no fixed criteria or weighted portions of the application. Unless otherwise noted, the following application components will be required this cycle:

  • Standardized Test (GMAT, GMAT Focus, GRE, Executive Assessment) or merit-based waiver
  • English Proficiency Test (TOEFL, IELTS) or waiver (international students only)
  • Undergraduate transcripts and graduate transcripts (if applicable)
  • Resume
  • One Professional Recommendation
  • One Written Application Cover Letter
  • Video Assessment
  • Optional: Peer Interview

APPLICATION DEADLINES

Applications for the Full-Time MBA program are accepted in four rounds, and the program enrolls annually every August. Applications must be submitted by 11:59 PM Central Time on the deadline date for each round.

  • Round 1: October 10, 2023
  • Round 2: January 5, 2024
  • Round 3: March 26, 2024*
  • Round 4: May 9, 2024

*Final deadline for international applicants.

STANDARDIZED TESTING REQUIREMENTS

To provide MBA candidates with additional flexibility, applicants have more options than ever before when considering how to complete the standardized test requirement in their application. All applicants are required to submit a GMAT, GMAT Focus, GRE, or Executive Assessment (EA) score. We will waive the testing requirement if:

  • Expired (taken 5+ years ago) GMAT, GRE, or EA score is submitted
  • General Test Waiver (merit-based) is approved

Standardized exams like the GRE, GMAT, GMAT Focus, and EA help us to evaluate a candidate’s academic preparedness for the rigor of business school and is also one metric used to compare candidates within a large pool of applicants. However, there are some scenarios where a candidate’s application might shine without the standardized test. Learn more about the criteria required to apply for a general test waiver.

Once the GMAT Focus is launched in late fall, Texas McCombs will accept both the current GMAT test type and the new GMAT Focus test type.

Note that the majority of applicants applying to the Full-Time MBA program take either the GMAT or the GRE due to the competitiveness of the pool. In many cases, having a strong GMAT or GRE score will make you more competitive for both admission and scholarship opportunities.

APPLICATION COVER LETTER

The application cover letter is a critical means of learning who you are as an applicant and assessing your communication and writing skills. Here is the prompt to help guide you in writing the application cover letter:

Please write an application cover letter summarizing your aspirations, qualifications, and personal and professional experiences that make you a strong candidate for the Texas Full-Time MBA program.

LIMIT: 500 words 

Additionally, and if applicable, applicants can provide an optional statement in the essay section of the application. Applicants should only provide an optional statement if there is something they wish to address about their candidacy that is not addressed elsewhere.

VIDEO ASSESSMENT

Texas McCombs has always been at the forefront of innovation and continuous improvement, consistently seeking new ways to enhance the application process for prospective MBA candidates. In line with our school mission and values, we introduced a dynamic video assessment component as part of the 2022-23 admission cycle, offering an alternative approach to a more traditional essay and interview format. Given all applicants will complete the video assessment, MBA candidates will have increased access to the application process and the opportunity to share their stories with us in their own voice.  Through the video assessment, the Admissions Committee will have a chance to experience the “real” you, beyond a resume, test scores, and transcripts. Lastly, the video assessment will enable Texas McCombs to reduce bias in the admissions process by providing all applicants with a structured and consistent assessment experience.

MBA candidates with a submitted application, whose application fee has been paid or waived will be invited to take part in our Texas McCombs Video Assessment. Each applicant will have 7 days from the invitation to complete the assessment. The video assessment is asynchronous and will help the admissions committee evaluate your career goals and the following competencies that are crucial for the fit and success of our students within the program and their future careers:

Adaptability/Resilience

Empathy/Inclusivity

Ambition

Goals

Well-Roundedness

Verbal Communication

Professionalism/Poise 

Each video assessment will start with a fun, non-evaluative question that will help the admissions team learn who you are as a person, then applicants will be asked 4 additional questions, for a total of 5 responses, with each response lasting no more than 90 seconds each. Detailed instructions will be provided with the video assessment invitation so you know what to expect, and applicants will have the opportunity to practice as many times as they wish before completing the final video assessment.

This is your time to show us your personality and enthusiasm! We recommend that you prepare for the video assessment similarly to how you might prepare for an interview.  Think reflectively about your work experience, strengths, weaknesses, and work on your delivery.

OPTIONAL: PEER INTERVIEW

One of the most vital parts of the MBA application process at Texas McCombs is the human component – “Human-Centered, Future-Focused” is our mantra for a reason. We pride ourselves in getting to know you at a personal level during the admissions process and will continue to provide hundreds of virtual and in-person ways for you to meet our students, alumni, faculty, and admissions team.

We invite all MBA applicants to close out their application process in a human-centered way and complete a short, optional virtual interview. While not required, registering for and completing an interview is highly encouraged.  

These interactive virtual sessions present a valuable opportunity for our applicants to connect with Full-Time MBA students, showcasing their collaborative skills, reaffirming their motivation for pursuing an MBA and leaving a lasting positive impression on Texas McCombs.

The optional interview will last 20-30 minutes and are available throughout the round.  The student ambassador will introduce themselves and ask you up to 3 questions that focus on collaboration and your motivation.  The rest of the time is yours to ask 2-3 questions that are top of mind.

OUR COMMITMENT

These enhancements to our application components exemplify our commitment to a human-centered, future-focused approach. We deeply value each candidate’s individual journey and recognize the potential they bring to our program. Join us at Texas McCombs as we shape a class of talented individuals with various perspectives, pioneering a path toward a brighter and more impactful future in business education.

Learn more about the MBA Application Components.


Visit Texas McCombs MBA to learn more about our programs and upcoming events, or take a peek into student life on Instagram. Check out our Application Process page for more information on application components. Please reach out to the MBA Admissions Team with any questions.

Good luck and Hook ’em!

Start Your Executive MBA Application Today

The application for the Texas McCombs Executive MBA program is now open! Start your application today to be a part of the next century of leaders, innovators, and changemakers.  

START YOUR EXECUTIVE MBA APPLICATION

APPLICATION COMPONENTS FOR THE 2022-2023 ADMISSIONS CYCLE  

Our Admissions Committee dedicates itself to a diligent, holistic review of each application. Our objective is to determine if you are a good fit for Texas McCombs and ensure that we are the right school for you and your goals. There are no fixed criteria or weighted portions of the application. The following application components will be required this cycle: 

  • Standardized Test (GMAT, GRE, Executive Assessment) or merit-based test waiver  
  • English Proficiency Test (TOEFL, IELTS) or waiver (international students only)  
  • Undergraduate transcripts and graduate transcripts (if applicable)  
  • Resume  
  • One Professional Recommendation  
  • One Written Essay  
  • Video Assessment   
  • MBA Admissions Interview 

 APPLICATION DEADLINES  

Applications for the Executive MBA program are accepted in two rounds, and the program enrolls annually every August. Applications should be submitted by 11:59 PM Central Time on the deadline date for each round. Applications are accepted and evaluated between rounds, with a 4 – 6-week turnaround for a decision. 

  • Round 1: February 14, 2023 
  • Round 2: May 30, 2023 

TESTING REQUIREMENTS AND WAIVERS 

Applicants have several options when considering how to complete the standardized test requirement in their application.  

All applicants are required to submit a GMAT, GRE, or Executive Assessment (EA) score. We will waive the testing requirement if:  

  • Expired (taken 5+ years ago) GMAT, GRE, or EA score report is submitted or 
  • General Test Waiver (merit-based) is approved before application submission 

Standardized exams like the GRE, GMAT, and EA help us to evaluate a candidate’s academic preparedness for the rigor of business school and is also one metric used to compare candidates within a large pool of applicants. However, there are some scenarios where a candidate’s application might shine without the standardized test. 

Learn more about the criteria required to apply for a general test waiver.  

SUBMITTING YOUR ESSAY  

The essay is a critical means of assessing an applicant’s motivation for attending the McCombs School of Business, their background and goals, and their communication and writing skills. Strong applications convey careful research on Texas McCombs and enthusiasm for the program.

The essay prompt for the 2022-2023 admissions cycle is as follows: 

Take time to reflect on your MBA journey and the direction you want to take in your professional career. Explain how the Texas McCombs MBA program will help you realize your professional goals, and how you will contribute to the McCombs MBA community. (500 words) 

Additionally, and if applicable, applicants can provide an optional statement in the essay section of the application. Applicants should only provide an optional statement if there is something they wish to explain about their candidacy that is not addressed elsewhere.  

VIDEO ASSESSMENT  

Texas McCombs is excited to introduce the video assessment as a new application component for the 2022-23 Executive MBA admissions cycle. 

All applicants will complete the video assessment, which will give all MBA candidates the opportunity to share their story with us in their own voice.  Through the video assessment, the Admissions Committee will have a chance to experience the “real” you, beyond what we see and read in your application. Lastly, the video assessment will enable Texas McCombs to reduce bias in the admissions process by providing all applicants with a structured and consistent assessment experience.   

MBA candidates with a submitted application, whose application fee has been paid or waived will be invited to take part in our Texas McCombs Video Assessment. The video assessment is virtual and on-demand, so applicants can complete it from anywhere in the world at a time in the day convenient to them.  

Applicants will be asked to use the video assessment tool to record responses to four questions, with each response lasting no more than three minutes each. Detailed instructions will be provided with the video assessment invitation so you know what to expect, and applicants will have the opportunity to practice as many times as they wish before completing the final video assessment.  Applicants will have seven days from the invitation to complete the final video assessment.  

This is your time to show us your personality and enthusiasm! We recommend that you prepare for the video assessment similarly to how you might prepare for an interview.  Think reflectively about your work experience, strengths, and weaknesses, and practice your delivery.  

MBA ADMISSIONS INTERVIEW  

Every Executive MBA candidate will complete an interview with a member of the Admissions Committee. The interview format is behavioral-question based and lasts 30 minutes including time for your questions. Expect to receive an email with a link to the online schedule after your application fee is reconciled. 


 The Executive MBA 2022-2023 Application is open! Please sign up for MBA news and follow us on Instagram at @UTexasMBA to stay updated. 

Join us at an upcoming event to connect and learn more about Texas McCombs. 

Hook ’em! 

Exploring Scholarships and
Loan Options

We understand that pursuing your MBA at a top school is a big investment in your future. As you explore ways to further your education and accelerate your career trajectory, we invite you to think about defining your own return on investment (ROI).  Are you looking for a promotion or salary increase?  Or are you searching for a new challenge or a way to align your personal and professional aspirations? It may be all of the above, so define your ROI as you consider an MBA for your academic and professional future. 

To make your MBA future more attainable, Texas McCombs provides financial assistance to many students to help cover the cost of education. The most common financial assistance comes in the form of student loans, but other options may help fund your MBA. We invite you to review the options below to help facilitate your personal ROI for your MBA. 

Recruiting Scholarships

scholarship graphic - 75% of admitted students were award scholarships

Texas McCombs offers merit-based recruiting scholarships funded through the generous support of individual donors and corporate supporters. All applicants are automatically considered for recruiting scholarships during the admissions review process. Recruiting scholarships are offered to domestic and international candidates who demonstrate a superior record of academic merit and professional accomplishments. 

Texas McCombs designates the first-round application deadline as the priority deadline for scholarships and fellowships. 

The MBA Program’s scholarship funding varies from year to year, thus the percentage of students who receive scholarships will also vary from year to year.  This past admissions cycle, 75% of Admitted Full-Time MBA students received scholarship offers. Scholarships range from $2,000 to full-tuition awards. 

For International candidates, 75% of enrolled students received scholarship offers. 

In tandem with our recruiting scholarships, McCombs partners with Bay Area for McCombs, Consortium for Graduate Study in Management, Teach for America, Forté Foundation, and Reaching Out MBA to allocate selective scholarship and Fellowship designations to top admitted candidates. 

2nd Year Student Scholarships

At the end of the first year, Full-Time MBA students are invited to apply for a continuing student scholarship for their second year. These awards typically range anywhere from $1,000-$5,000. The 2nd Year Full-Time MBA Scholarship awards are given based on academic performance, leadership, and involvement during their first year in the program, as well as financial need. 

Institutional Scholarships

The UT Austin Office of Financial Aid administers institutional endowed scholarships for continuing students that first-year MBAs may qualify for, beginning in November of their first year. First-year MBA students may be eligible to apply, but please review the specific criteria and application procedures carefully and reach out to McCombs Financial Aid with any questions. 

Federal Loans

Many students are eligible for federal student loans and in some cases, grants. To determine your eligibility you must complete a Free Application for Federal Student Aid (FAFSA). The FAFSA for the 2022-2023 school year will be available on October 1, and Texas has a priority deadline of January 15. At the latest, it is recommended that you have your FAFSA completed by June 1. Students who are eligible to complete the FAFSA are U.S. Citizens, Permanent Residents, and other eligible non-citizens. Please watch this two-minute video for help with the financial aid application process. 

Private Education Loans 

Private/alternative loans are not offered by federal or state governments. As a result, the terms of the loan will vary from lender to lender. If pursuing a private loan, check with your lender about the length of time your application will remain valid to ensure your approval won’t expire before you actually start the program. 

The Texas McCombs MBA Financial Aid team cannot recommend any private loans but will work with all banks and lending institutions once you’ve been approved. 

Loans for International Students 

For international students, there may be private loan options, with or without a U.S. citizen or permanent resident co-signer. (Note: We, as The University of Texas at Austin, cannot be your co-signer, nor can we recommend any specific lenders.) The student-run International MBA Student Association (IMBASA) is a good resource for information about pursuing an MBA as an international student. You are encouraged to reach out to IMBASA with any questions. 


Most students finance their MBA education using multiple sources— a combination of personal savings and loans and, in some cases, scholarship funding. Before you apply to business school, do research on how to finance your education, please reach out to the MBA Admissions Team with any questions.

Visit Texas McCombs MBA to learn more about our programs and upcoming events, or take a peek into student life on Instagram. Check out our Application Process page for more information on application components.

Good luck and Hook ’em!

How to Reapply for Your MBA

With each new admissions cycle, questions come in from those who have applied in the past about applying again to join the next class of Texas McCombs MBAs. 

First, having applied in a previous year is not considered a negative factor in your application.  

We are pleased to see your continued interest in the program and will evaluate your new application on its merits and in the context of the new applicant pool, just as if you are applying for the first time. Below is an overview of important info and tips for reapplying to the MBA program that we hope you find helpful. 

Application 

All candidates reapplying are required to complete a new application new essay, a new resume, and pay the application fee. Our essay prompts can change from year to year, so copying and pasting your essay responses from a previous application cycle is not recommended. In addition, rewriting your essays shows effort! 

Review essays and application components

Learn more about the new application updates

Official Transcripts 

We keep your official transcript on file for one year. You will need to submit your transcripts again if you have taken any additional coursework or if you applied more than one year ago. You can always review your application status on the “MyStatus” page to make sure you have current transcripts. 

Test Scores 

GMAT  and GRE  scores are also kept on file for one year and overall, scores are valid five years after the date the test is taken. This year candidates also have the option of submitting an Executive Assessment (EA) test score or a merit-based test waiver. For TOEFL scores, this period is two years. The McCombs Admissions Committee considers only the highest total submitted score in the evaluation of applications.

Learn about the test options for Full-Time MBA candidates

Recommendation Letter  

Although not required, we suggest you submit a new letter of recommendation. Determine if another recommender may provide a more current, insightful, and thorough perspective on your experience. If you choose to submit a prior recommendation, you will need to email MBA Admissions with a request to resubmit. 

 How Have You Improved? 

While completing your application, you will be asked, “Since your previous application, what steps have you taken to enhance your candidacy?” The Admissions Committee reviews this answer closely so please ensure that you spend time reflecting on and explaining these improvements. 

Choosing to reapply to the MBA program shows perseverance and dedication. We encourage you to consider giving yourself a fresh start when you approach your new application. Think through and reassess your application, address any weak areas, and add new information that may be helpful in the admission process. 


Visit Texas McCombs MBA to learn more about our programs and upcoming events, or take a peek into student life on Instagram. Check out our Application Process page for more information on application components. Please reach out to the MBA Admissions Team with any questions.

Good luck and Hook ’em!

The Texas McCombs Admissions Connection

The Texas McCombs Admissions Connection is designed to add a human component to the application process and is the perfect way to wrap up your Texas McCombs MBA application journey.  

What is an Admissions Connection?  

 The Admissions Connection is a live, virtual get-to-know-you session that serves as an opportunity for our applicants to engage directly with a Full-Time MBA Admissions Ambassador. While not required, registering for and attending an Admissions Connection session is highly encouraged.   

These sessions are NOT your traditional admissions interview.  MBA applicants will have 15 minutes with a student member of the McCombs Ambassador Committee (MAC) to ask questions about the program/student experience, discuss information about their candidacy that is not addressed elsewhere, and align on the next steps in the application process.  

Admissions Connections will become available roughly one-week post-round deadline. Once available, applicants will be able to choose a host based on shared interests whenever they register for a slot.  

How should I prepare for the Admissions Connection? 

The Admissions Connection session is virtual, on Zoom, and will kick off with a very brief mutual introduction between the applicant and the Admissions Ambassador. You will know who your host is ahead of time and will be provided with their LinkedIn page.  

Tip: Keep your introduction to 1-3 minutes only. Remember the ambassador will not have access to your resume; we recommend mixing a bit of personal and professional in your introduction.  

After the introduction, the applicant will drive the conversation with the Admissions Ambassador.  

Tip: Because the session will last approximately 15 minutes, we recommend applicants  come prepared with 3–5 questions about the MBA program and/or next steps in the application process.  

Here is a list of topics to consider during the Admissions Connection: 

  • Discuss any aspect of your candidacy that has not already been covered in other application components.   
  • Get to know your host and their experience at Texas McCombs. Ask them questions about their MBA journey and the McCombs community. 
  • Ask for tips and advice on how to best navigate and spend the time between the admission decision and program kick-off. 

The Admissions Ambassador will wrap up the session by asking you for feedback on your Full-Time MBA admissions experience and covering key dates to remember as you conclude the application process. 

Does the Admissions Connection impact the admission decision? 

 There is no evaluative component to this session, although your Admissions Ambassador will be able to pass along any information you share to the admissions committee.

Tip: Remember that every interaction you have with a member of the Texas McCombs community is an opportunity to make a positive impression about who you are and your MBA candidacy.  From speaking to our receptionist at the MBA Program Office, to meeting an Admissions Officer on the road, all members of our community have an opportunity to provide informal feedback on MBA applicants, so make every connection count.

Is my admission decision impacted by not having an Admissions Connection 

The Admissions Connection is optional and applicants will not be penalized if they decide to not take advantage of it. Keep in mind, however, attending a session helps show the committee that you have a genuine interest in getting to know the Texas McCombs MBA program. 

 


Read our Admissions Connection FAQ page for more information. Visit Texas McCombs MBA to learn more about our programs and upcoming events, or take a peek into student life on Instagram. Check out our Application Process page for more information on application components. Please reach out to the MBA Admissions Team with any questions.

Good luck and Hook ’em!

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