Texas McCombs MBA

Author: Texas McCombs MBA (page 3 of 11)

Working Professional/Executive MBA Final Round Applicants

This MBA Insider content comes from the Working Professional & Executive MBA Admissions team.

See if you can spot the two true statements and one myth about applying to the Texas McCombs Working Professional or Executive (WPE) MBA programs:

The MBA is seeking the most qualified candidates for its WPE programs in Dallas/Fort Worth, Houston and Austin.
We consider a candidate’s academic performance, work experience and overall motivation in reviewing an application.
Candidates must apply early in the process to have a chance at being considered.

Elevate Diversity & Inclusion Conference at Rowling Hall on February 8, 2019. Photo by Lauren Gerson DeLeon.

Elevate: Diversity & Inclusion Conference at McCombs

April 2, 2019 / Texas McCombs MBA / Comments Off

On February 8th, Texas McCombs hosted its first-ever Elevate: Diversity & Inclusion Conference. This event aimed to identify how companies and business leaders create effective strategies to transform their current culture into one where both diversity and inclusion become embedded into the organization’s core values. Texas McCombs students and staff have been participating in more D&I conversations within the program and with the outside business community in recent years with an understanding that MBA community strength and positive growth is fostered through these efforts.

Elevate Diversity & Inclusion Conference at Rowling Hall on February 8, 2019. Photo by Lauren Gerson DeLeon.

The First Conference of Its Kind

Elevate was first conceived by MBA students Ashley Fox and DeAndrea Staes. They identified the diversity and inclusion space as a big opportunity for growth and community outreach for the MBA program.

McCombs is hosting its first ever Diversity and Inclusion conference, led by two MBA students, Ashley Fox and DeAndrea Staes. The conference is analyzing key strategies that companies need to implement “Diversity That Works.” #WhyMcCombs #HumanCentered #FutureFocused @UTexasMBA pic.twitter.com/GVGtNvshOa

— Texas McCombs (@UTexasMcCombs) February 8, 2019

Through the conference, Ashley and DeAndrea targeted the recruitment of underrepresented minorities as a potential improvement area for MBA programs and created an Elevate Diversity Scholarship to provide support to underrepresented minority students accepted to the McCombs School of Business.

Ashley Fox and DeAndrea Staes at Elevate Diversity & Inclusion Conference. Photo by Lauren Gerson

“The most impactful part of the conference was seeing what started as a small vision, grow into something phenomenal. Over the course of two days, seeing our sponsors, speakers, students and community come together in a collaborative fashion for a common purpose truly sparked something great for the future of McCombs,” says DeAndrea. “I truly enjoyed seeing participants roll their sleeves up at the design thinking session hosted by IBM to address critical questions like, ‘How do you find acceptance inside a company’s culture?’ and ‘What happens financially when companies are not diverse and inclusive?’ This set the tone for an amazing conference with powerful conversations.”

Elevate Diversity & Inclusion Conference at Rowling Hall on February 8, 2019. Photo by Lauren Gerson DeLeon.

“We created this event to evoke change in the McCombs community and create a sustainable, long-term solution that would provide a forum for the University of Texas and greater Austin community to engage and learn about diversity, inclusion, and culture,” says Ashley. “The feeling after the Elevate Conference ended was indescribable. After we gave our closing remarks, we knew that this conference would be a marquee event and change agent for the Texas McCombs and Austin community for years to come.”

Elevate Diversity & Inclusion Conference at Rowling Hall on February 8, 2019. Photo by Lauren Gerson DeLeon.

Elevate Diversity & Inclusion Conference at Rowling Hall on February 8, 2019. Photo by Lauren Gerson DeLeon.

“I am truly proud of what Ashley and I were able to accomplish and know that this is just the beginning,” says DeAndrea. “We are excited to see what the future holds for this dynamic, student-led, electrifying conference!”

The Keynote Speakers

Meet the Evening MBA Class of 2021!

March 20, 2019 / Texas McCombs MBA / Comments Off

A new class of Evening MBA students have joined us at Rowling Hall in Austin this spring to kick off their MBA journey! During their January orientation, our first group of ’21s prepared for their classes, got to know each other, met MBA faculty & staff, and had a great week of networking and fun. Evening MBA students start their program annually every January, with classes held Monday and Tuesday evenings in Austin. With their weekends more flexible and their careers un-interrupted by their class schedule, our Evening MBA students are truly unique.

We had a very strong and enthusiastic pool of applications to pull from when putting together our Working Professional MBA classes this year, and the numbers certainly reflect that. The Evening MBA welcomed a larger class than last year, with 65 new Texas McCombs students.

8 different nationalities and citizenships are represented, including India, Mexico, Costa Rica, Brazil, Spain, Syria, Italy and the U.S.

This is also one of the most diverse classes in terms of job functions and industries, that the MBA program has ever seen.

In addition, over half of the Class of 2021 earned their undergraduate degree outside of Texas. After entering the workforce, these students earned an average of 5.8 years of work experience before applying to the MBA with notable companies like Apple, Tesla, Whole Foods, Facebook, IBM and Yeti.

The class has 25% women, holding steady within the overall growth in the number of women in our Working Professional programs. The number of underrepresented minorities in the class doubled this year, marking another success as we continue to advocate for the inclusion of individual perspectives and diverse backgrounds in our classes.

Our Evening students come from a wide range of companies and some of the most exciting and innovative employers in the U.S.

18 members of C/O 2021 already spent their undergraduate years at UT Austin… Welcome back Longhorns! 🤘

We feel humbled and privileged by the amazing experiences and perspectives making up the Texas McCombs MBA Class and cannot wait to see what they accomplish during their time in the program. If you’d like to join them as part of Texas McCombs MBA network, our 2019-2020 application is open!

Hook ’em!

Your MBA Return on Investment

December 6, 2018 / Texas McCombs MBA / Comments Off

Pursuing an MBA is a significant commitment of time and financial resources. At Texas McCombs, we understand that finding the best return on your MBA investment (ROI) is a priority. We are proud to have been consistently named a “Best Value” among Top 20 MBA programs!

As you evaluate the ROI for business schools you are considering, remember that the benefits of a top-ranked MBA go way beyond the potential for a higher salary. Growing your professional network, and the expansion of knowledge and skills should also play a role in evaluating ROI.

Expand Your Network

Texas McCombs is a globally recognized brand. When you join the program, you gain priceless membership in a lifelong alumni network that will continue to support and accelerate your career. Our alumni take great pride in giving back to this campus by helping mentor, support – and often hire – Texas McCombs students. Being a UT Austin alumni connects you to the most innovative leaders, thinkers, and doers around the world. You are a Longhorn for life.

The Texas McCombs and UT Austin Network

500,000+ UT Alumni
25,000+ MBA Alumni
100,000+ McCombs Alumni
30+ McCombs Alumni Chapters

The Numbers

Of course tuition and living costs are also considered in your ROI. Your individual considerations will vary when it comes to funding your MBA, but it’s always good to note current estimated tuition for the year you plan to start the program, cost of living, and any anticipated scholarships or financial aid.

Texas McCombs MBA Tuition

Current estimated annual tuition rate for the Full-Time MBA is $51,020 for Texas residents and $56,572 for non-Texas residents.

Texas McCombs MBA compares favorably against the national averages of $60,000 & $65,000, respectively, charged by other top 20 MBA programs at public universities. And the average annual tuition rate for private institutions in the top 10 is $72,485.

On average, 40-45% of admitted Texas McCombs Full-time MBA students receive scholarship offers.

Cost of Living in Austin

The cost of living in Austin is less than in many major cities. What costs $1 here is:
$1.56 in New York,
$1.43 in San Francisco,
$1.32 in Boston,
$1.30 in Los Angeles,
$1.29 in Seattle, and
$1.18 in Chicago

Texas consistently ranks as one of the nation’s most favorable business climates. Read more about the cost of living here.

Knowledge & Skills

While most graduate programs narrow your subject matter expertise through extensive research activities on a specific topic, an MBA curriculum allows you to learn about a variety of industries and business functions resulting in increased flexibility in potential career paths.

Texas McCombs is currently ranked in the top 3 for Business Analytics, Marketing and Accounting– we are consistently no. 1 for Accounting. The MBA also offers a new “Leading for Impact” curriculum component to provide focused individual assessment & leadership coaching within your MBA.

The value of your graduate degree is measured in more than dollars and cents. If you have any questions about the opportunities offered at Texas McCombs or how your goals may fit with our program, please reach out to us.

Military Resources: Texas McCombs, UT and Austin

November 12, 2018 / Texas McCombs MBA / Comments Off

Texas McCombs recognizes the value military veterans bring to our campus. Our community is one of support, collaboration, and dedication to prepare you for career success, which is why our MBA is consistently a top-ranked program for veterans.

Transitioning from a military career to civilian life can be challenging. An MBA degree is and unbeatable resource for veterans. While in the program, you’ll enhance business skills, connect with a global network of Longhorns, and transition into a civilian role in the business community.

Texas Veterans in Business

As the primary MBA student organization for military veterans in the program, Texas Veterans in Business (TViB) is a great way to get connected and involved in our community. The organization focuses on drawing parallels between the principles learned in the military and the skills required to be successful in business.

Veteran’s Day “Ruck March” Hike and BBQ

Beyond the Numbers: A Holistic MBA Application Evaluation

October 17, 2018 / Texas McCombs MBA / Comments Off

In the world of MBA Admissions, your numbers are not everything. By “numbers,” we’re referring to the stats and scores that applicants tend to focus on when they submit an MBA application– undergraduate GPA, total GMAT/GRE score, percentiles, etc. With limited seats in MBA classes, organizing applications by measurable figures is logical and helpful. That’s why preparing and doing your best on the GMAT/GRE and putting your best numbers forward in your application is important.

But, you are not just a simple sum of your numeric parts– You’re an individual. And your scores are just part of your story. Answering, “who are you?” is a much bigger question.

In our review of a typical MBA candidate, GMAT/GRE and GPA alone do not offer any consistent indication of success in the program. Even if you have a 780 GMAT score, this does not automatically indicate to us that you will make high grades, find an internship, thrive in your study groups, stay positively active and engaged, or find a good job after graduation. It is the combination of strong numbers, your unique story, a commitment to Texas McCombs, and many other factors that indicate how well you’ll do in our MBA program.

Because MBA programs are limited & competitive— many candidates are enthusiastic and have strong professional backgrounds and scores— we have adopted a holistic approach to evaluating your application. So what are the intangible qualities we look for? And what will make you stand out so that you secure a spot in the class over another applicant with similar scores and background?

There is no single answer to these questions, but here are some good tips to offer some insight on the Admissions Committee’s process:
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By the Numbers: Executive MBA Class Profile

October 3, 2018 / Texas McCombs MBA / Comments Off

Texas McCombs had a very strong pool of applications when putting together the MBA Class of 2020, and the numbers certainly reflect that. Let’s take a look at the Executive MBA class that started this fall:

The Executive MBA program welcomed 59 top-caliber business professionals to the McCombs School of Business MBA network. These students are experienced in managing teams and decision-making, and many have their own businesses. These industry leaders will surely challenge and inspire one another to reach new heights in their careers over the next two years in Austin.

A few group photos of the Texas McCombs MBA Community

Diversity & Inclusion at Texas McCombs

September 26, 2018 / Texas McCombs MBA / Comments Off

This post was written by Jaden Felix, Senior Admissions Officer for the Full-Time MBA.

Within the MBA program at Texas McCombs, we seek out thoughtful and talented students who want to lead in ways that positively shape organizations and society. Each student’s knowledge, skills, and talents are leveraged to create a dynamic learning experience that emphasizes collaboration, authenticity, and exploration. You can see this in action within study groups, cohorts, community conversations, and in how we design our courses. Global acumen, an understanding of diversity, and how to create a culture of inclusion are important components of the learning experience. The Texas McCombs MBA community strives to create a welcoming environment where all students can clearly see themselves.

Our students strive for a better tomorrow.🙌🤘#DiversityIsStrength #DiversityandInclusion #WhyMcCombs https://t.co/KOCGiSRoFH

— Texas McCombs MBA (@UTexasMBA) September 13, 2018

The ability to succeed in business is no longer focused just on managing the diversity of teams, but on leveraging different perspectives and celebrating them. Our Associate Dean of Diversity and Inclusion, Raji Srinivasan, is leading school-wide efforts in this arena, and all departments and programs are working toward defining and sharing what Diversity and Inclusion means to us to set strategic goals that will uphold our commitment to D&I in higher education and business.
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The Non-Traditional MBA Candidate

September 25, 2018 / Texas McCombs MBA / Comments Off

The following was written by Samantha Frapart, Texas McCombs MBA ’17, and originally posted in June of 2017.

I thought I couldn’t get into business school. With my double-major in English and Ecology, five years in non-profits, and my natural aversion to words like “Nasdaq” and “synergy,” how could I convince admissions teams that I belonged in their MBA programs? Well, after graduating from McCombs in May of 2017, I’m here to happily debunk one of the greatest myths of business school: The non-traditional candidate.

Contrary to popular belief, business programs aren’t looking for human calculators. They are looking for students eager to foster strong teams, willing to negotiate & compromise, and ready to share diverse perspectives. In management classes, I was able to add a unique viewpoint to discussions on anything from government regulations to corporate social responsibility. Though I looked to my study-team for help with my finance homework, I was able to offer equally important business lessons like proper brief-structure and design thinking.

We all have something to offer, it’s just a matter of figuring out what that is and letting it shine through.

Though I assure you “non-traditional” is a thing of the past, I know this process can feel daunting. So with the Full-Time MBA application currently open for the next class, I’d like to share some helpful tips from my experience (before and during business school) in hopes that it might ease your worries about applying and prepare you for the fantastic two years ahead.

Investing in Your Future, MBA Financial Aid Options

Scholarships & Financial Aid for Working Professional & Executive MBAs

September 17, 2018 / Texas McCombs MBA / 2 Comments

This information comes from our Working Professional and Executive MBA Admissions team.

At Texas McCombs, we recognize that pursuing an MBA is a big investment in your future. We are proud to have been ranked among the top 10 part-time MBA programs in the U.S. for the past five years.

To make your MBA future attainable as a Working Professional (WP), Texas McCombs awards financial assistance to many students to help cover the cost of education for our Evening, Executive, Dallas/Fort Worth, and Houston programs. In most cases, that aid comes in the form of student loans but there other options that may help fund your MBA. We invite you to review some of these below to help you better navigate this step in your MBA journey.