Category: Academics (page 2 of 5)

Full-Time MBA Program Receives STEM Certification

Top-Ranked Programs Emphasize Quantitative Management and Analytics

We are excited to announce that the Texas McCombs Full-Time MBA Program has received STEM (science, technology, engineering, math) certification for 14 of its 22 concentrations, demonstrating a high level of quantitative rigor across the program. 

“The breadth and depth of our full-time MBA curriculum is a unique complement to our close-knit class of 260 students, and we wanted to focus our STEM certification efforts on areas where we’re seeing strong and active job recruitment post-graduation, such as business analytics. The fact that these 14 concentrations were judged to meet STEM standards after an exacting review by our faculty, university office of graduate studies, UT System, and Texas Higher Education Coordinating Board points to the strength of our offerings in these subject areas.”

Tina Mabley, Assistant Dean for Full-Time MBA

Texas McCombs received the STEM designation after a rigorous review of the MBA curriculum and how the programs are categorized by the National Center for Education Statistics under a Classification of Instructional Programs (CIP) code. The approval process went through several levels including the McCombs School of Business faculty, the University of Texas at Austin Office of Graduate Studies and Provost, the University of Texas System, and the Texas Higher Education Coordinating Board. As a result, the existing single Full-Time MBA degree program was split into three degree programs, two of which (Management Science & Quantitative Methods and Financial Mathematics) are classified with STEM codes. These degrees are earned by completing specific concentrations within the Full-Time MBA program.  

Beginning with the graduating Class of 2021, the following  concentrations will have the STEM degree designation.

Management Science & Quantitative Methods degree code:

  • Information Management 
  • Supply Chain & Operations Management 
  • Business Analytics 
  • Brand & Product Management
  • High Tech Marketing
  • Marketing Analytics & Consulting 

Financial Mathematics degree code:

  • General Finance 
  • Corporate Accounting 
  • Investment Management 
  • Corporate Finance 
  • Energy Finance 
  • Clean Tech 
  • Private Equity 
  • Real Estate Finance  

Several of McCombs’ one-year, specialized Master of Science programs are also STEM certified, including Business Analytics, Information Technology and Management, Finance, Marketing, and Technology Commercialization.

“Our goal at McCombs is not only to educate students from across the globe but also to make them competitive for business professions that the market is dictating. STEM certification is an indication that our programs and our curriculum are both thorough and rigorous.”

Interim Dean Lillian Mills

The STEM-designated degree program was established by the U.S. government to address a shortage of qualified workers in STEM fields and benefits all students by providing exceptional educational experience and broadening career opportunities. Additionally, the degree designation benefits international students by giving them up to three years to work in the U.S. without an H1-B visa through OPT (Optional Practical Training), instead of just one-year for non-STEM degrees.

Hands-On MBA: Fall Marketing Trek

This past October, the Graduate Marketing Network at Texas McCombs hosted their annual Marketing Trek with the MBA Career Management team. 19 first-year students traveled to New York City and visited the offices of Samsung, Google, Pinterest, Adobe, and ZX Ventures!

Career Treks give Full-Time MBAs the opportunity to learn about their industry to become more familiar with the culture of the companies in a real-world context. The companies provide presentations, Q&A sessions, and opportunities to network with alumni and executive management.

MBA students take New York

New York City holds many business opportunities in hundreds of different markets. We caught up with MBA ’20 students Alicia Mercolino, Xingpin Liu, and Saransh Gupta to hear about their experiences and takeaways from the trek–  Saransh is drawn to the city for tech, Xingpin for marketing opportunities, and Alicia wanted to explore the options with a goal to move to NYC in the future.

“My goal is to move back to New York with a full-time offer in hand. I was interested in learning more about and meeting people at companies with MBA opportunities and McCombs alumni.” – Alicia Mercolino

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MBA London Exchange: Five Lessons Learned

The following was written by Stephanie Hobart, Texas McCombs MBA ’18. 

London is a city known for its chilly, cloudy weather, warm pints of beer, and public transit via the the London Underground. As a city, it’s almost the complete opposite of Austin, where I chose to pursue my full-time MBA degree. So why would I go to London to spend my exchange semester at London Business School?

The Texas McCombs MBA highlights the need to think globally in business today and then provides an opportunity to explore another corner of the globe on an exchange program. I chose London Business School for my exchange program because I wanted the opportunity to not only live in one of the most diverse cities in the world, but also participate in an MBA program that has an almost 90% international student population. Regardless of language or familiarity with a city, moving to a new location can always be a challenge.

Author, Stephanie Hobart and Daniel Katz, McCombs MBA students on exchange at LBS.

Me and Daniel Katz, both McCombs MBA students on exchange at LBS on our last day of class!

Three semesters of business school prepared me for meeting large groups of new people, engaging in classroom and networking conversations, and the change of scenery from Austin to London provided me the chance to learn about life in a European MBA program in one of the most dynamic cities in the world.

Five London Lessons Learned

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Texas MBA Global Connections: Explore. Discover. Lead.

Texas MBAs went global this spring with study tours across six countries — Cuba, India, China, South Africa, Malaysia, and Thailand! These tours are part of the McCombs Global Connections (MGC) program: An eight to ten-day study tour to business powerhouses around the globe.

Image via McCombs Today

During these tours, Texas MBA students explore global opportunities and learn many aspects of conducting business outside the United States. Through guest speakers, company visits, project work, and case studies, MGC provides an incredible opportunity for Texas MBAs to explore the economy, major industries, local businesses, and culture in different nations, enhancing their transferable skills and understanding of different cultures to operate in an international market.

Global Connections 2017 enabled 134 Texas Full-time MBA students to participate in engagement experiences, including cultural immersion, business visits, conferences, and discussions.

India

Texas MBA students visited local Indian communities and businesses such as Intel, Infosys, VMware, IBM and American Embassy in Bangalore and Delhi. Special activities included the Social Impact Day at Mewat Village and the “Our Native Village” cultural tour.

Exploring Indian culture. Photo by Deidra Stephens

Business visit to Infosys in Bangalore. Photo by Deidra Stephens

First Ever Cuba Tour

Texas MBAs had the opportunity to learn about the business operation and economic potentials in Cuba through a series of conferences, including the Conference on US-Cuba Relations, Conference on the Cuban Economy, Currency, Debt and Financial Institutions, and Conference on New and Micro Business Models in Cuba. They also attended local company visits to the Organopónico Vivero Alamar – Cuba’s most successful urban cooperative agricultural project and Autochapt – a non-agricultural cooperative /car repairing micro business.

Texas MBAs rode in nostalgic style in Cuba.

Texas MBAs in the first Global Connection Study Tour in Cuba. Photo by Shannon Moffett

South Africa

Texas MBAs immersed themselves in learning cultural differences and business practices in the “Think Impact Day Series” and business visits to Delheim Winery, Coca-Cola South Africa, and Heart Capital.

Global Connection Study Tour in South Africa. Photo by John Greely

Global Connections Study Tour in South Africa

Global Connections Study Tour in South Africa.

China

With three cities visited — Shanghai, Beijing, and Nanjing — the China Study Tour offered business visits to successful companies in China such as BYD, InterChina, Emerson, CSUN, CNOOC, and tours to major Chinese landmarks.

Texas MBAs at the Great Wall of China. Photo by Karl Novick

Business visits to China National Offshore Oil Corporation. Photo by Karl Novick

Southeast Asia (Malaysia and Thailand)

Two countries and three cities were visited in Southeast Asia’s Study Tour. Texas MBAs enhanced their cultural competency and global business operation skills with visits to the Malaysia Investment Development Authority, Emerson Process Management, NI Penang, Wong Engineering, and Western Digital.

Texas MBA students in Bantu Caves (Kuala Lumpur, Malaysia). Photo by Joel Obaseki

Siem Reap, Cambodia. Photo by Torrey Kolesar

Read more about the previous Global Connections Study Tour trips to South Africa, China, and Brazil.

For more info about the Full-time Texas MBA Program, visit our Facebook page or Twitter account, or contact us with any questions.

Hook’em!

Airplanes, Austin, Classes, and People – My Texas MBA Allure

I’ve spent most of my life living in the eastern time zone, so moving to Texas was a wild departure from my past. As I chatted with prospective students who spent their whole lives in the Northeast, or maybe even outside of the US, it made me remember the questions and priorities I had when I was seeking out business schools. Did I find what I was looking for in Texas? (Spoiler: The answer to that question is “yes”)

Here are four main things I was looking for:

1. I want to go work for _______.

Inside, I’m still a small kid, fascinated by the prospect of two giant jet engines propelling a 300+ ton wide-body airplane up into the sky. I always wanted to work for the airline industry – yes, that pressurized metal tube, shoes off, delay-prone industry. Knowing this, I set out to find a school that gave me the best chance at fulfilling my ambitions. It was the active and well-connected alumni network, the well thought-out career support system, and Texas’ historic strength in the industry that made the school so attractive to me. In fact, it was one of the alumni that helped convince me that I would have the connection and resources at McCombs to get where I wanted to be.

Importantly, it’s not just the connection to a dream job or function that mattered. The relationship to my career aspirations, the career management staff and system strength, and diverse experiences of my classmates mattered just as much. I asked my self, “can I develop a connection with the career staff who will have my best interest in mind?” “Is the career support system proactive?” Thinking back, I made absolutely the right call.

(For brevity sake, I left out the next seven paragraphs about airlines. I have been known to talk people’s ear off about it…)

2. The Neat Outdoor-sy City Called Austin

First off, I spent most of my life in the frigid tundra of the Midwest. I loved the snow (and snow days!), and thought it had a bad reputation. When I descended on Texas, freezing weather was somewhat a foreign concept.

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Austin’s Freezing February

Seriously though, Austin’s an outstanding outdoors town. It’s actually a neat town in general. I like to spend a lot of time outdoors – playing tennis, ultimate Frisbee, jogging – and in the ten different cities I’ve lived in my life, Austin’s has by far the best trails, courts, and the weather to enjoy it all. If you’re not familiar with the area, definitely check out Barton Springs Pool the next time you’re here. It’s Austin’s natural river open for swimming nearly all year-round

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Hiking the Barton Creek Trail with Classmates

3. A Customizable Curriculum

By now, you’ve probably heard about our class structure – two years, four semesters, mandatory core classes to start. But it’s the brevity of the required core curriculum that was especially attractive. After all, the Full-Time Texas MBA Program is only two years / four semesters long.

When I was looking at the Texas MBA Program, I was concerned that the small class size meant less options for electives. Many case/discussion-based classes need critical mass to tap into the proverbial “wisdom of a crowd”. That said, I discovered a surprising number of interesting electives for a program that currently averages 270 students per year, because there’s so much time to take electives (nearly three-quarters of the program are reserved for electives).

A great example of a course that shows the diversity of our electives is “Corporate Governance” taught by Professor William Cunningham. To analyze a Board of Director’s important duties and responsibilities, the Professor invites several former and current senior executives from various companies to address the class. I’m taking this course this semester; it’s a rare opportunity to take a course where we can learn from today’s business leaders. And so far, it has been quite a treat.

4. The People

It’s a bit of a clichéd concept, but I believe that people can make the greatest difference. I always tell this anecdote about how I started to see UT as the place for me. Last year, I was making my decision on business schools, and visited Austin to check out the city and the university. Incidentally, it was the Austin Marathon weekend. There was something about the volume of energy and excitement around the city that surprised me, even if it housed a very large public university.

When I visited McCombs, it was much the same. The important thing to ask is – do I see myself with these people as my classmates? Would I enjoy their company, and be able to work with them? After talking to the current students, the faculty from the class I was able to shadow in, and even random people in the atrium, I think I saw myself fitting in just fine.

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Texas vs. Cal from the MBA Student Section! (I believe we were winning at this point…?)

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