Texas McCombs MBA Insider

Category: Application Tips (page 5 of 11)

The working professional & executive mba application: essay writing tips

Working Professional and Executive MBA Essay Questions

October 19, 2021 / / Comments Off on Working Professional and Executive MBA Essay Questions

The essays in your MBA application are an important part of sharing your unique story. The most successful essays thoughtfully address the prompts, clearly communicate why you want to attend Texas McCombs, and authentically share who you are. We’ve shared some tips below to aid you in submitting a strong set of essays.

Texas McCombs MBA Essay 1

We will learn a lot about your professional background through your resume and letter of recommendation, but we want to get to know you further. Please introduce yourself. Select only one communication method for your response

a. Write an essay (250 words)
b. Share a video introduction (one minute in length)

First, this prompt is purposely open-ended. It grants you the freedom to introduce yourself in a way that is genuinely “you.” Think about what gives you energy and recharges you. When you first meet someone, what’s your personal elevator pitch? How does it share your values? Give us a well-rounded mix of information in this essay so we can better understand you beyond your work life.

Don’t forget about the first sentence of the prompt: “We will learn a lot about your professional background through your resume and letter of recommendation.” The admissions committee already read your resume, letter of recommendation, education history, and goals. While your professional life is important, this essay is your opportunity to share who you are outside of those components.

Finally, the choice is yours: written essay or video. We have seen significant success with both mediums and do not have a preference for one over the other. Therefore, play to your strengths! If your skill is in writing, focus on the essay. If you’re not shy in front of a camera, then record a video. However, if you do submit a video, keep in mind that sending us a photo slideshow isn’t advisable. These slideshow submissions don’t grant the admissions committee the chance to actually see and hear from you, which is really what we are looking for in a video submission. Have fun with either submission and do not take this essay for granted— it can go a long way in setting the stage for your MBA application and creating another great impression.

Texas McCombs MBA Essay 2

Describe how the Texas McCombs MBA will help you realize your professional aspirations, and the unique knowledge and experiences you have to share with your classmates. (500 words)

Essay Two provides an opportunity to explain why you’re applying to Texas McCombs.

By answering the first part of the prompt, we will understand why the Texas McCombs MBA, your career plan, and discover how you want to develop yourself both in and out of the classroom. What classes, organizations, and experiential opportunities specifically relate to your career plan? Connect the dots between your goals and how McCombs will get you there.

By answering the second part of the prompt, we will learn what you will bring to the program.  How do you envision yourself becoming an active member of our community? What personal and professional attributes and experiences will you be sharing with your classmates?

Make sure to give us specifics. If you’ve engaged with the program, you know there is a lot to look forward to: challenging classes, organizations, student/alumni networking, award-winning professors, unique career-oriented opportunities…the list goes on. Illustrate what attributes of the program you plan to take full advantage of and how you plan to make a positive impact while you are a student. What will be your MBA legacy? Convince us that you are indispensable to our community.

MBA Optional Statement

Please provide any additional information you believe is important or address any areas of concern that you believe will be beneficial to MBA Admissions in considering your application (e.g. gaps in work experience, choice of recommender, academic performance, or extenuating personal circumstances). If living outside of the metro area that the program is held in, please provide explanation regarding your plans to commute or relocate to the program location. (250 words)

Honestly, the most important piece of advice we can provide you on the optional statement is to remember that it is just that– optional. Only applicants who feel some piece of their profile deserves more explanation should submit an optional statement. This section of the application is not to tell us more about your extracurricular activities or expand upon your personal introduction. While we love to see how excited you are to share additional information with us, there are other ways to let the admissions committee know about additional projects or passions. The bottom of your resume or your interview are likely better forums for these details. Optional statements should focus on filling gaps or answering questions we are likely to have about you.

Our Top Essay Writing Tips

  • Be patient with yourself. Take time to reflect, brainstorm, rewrite, and EDIT. It will likely take more than one draft to realize your final submission.
  • Don’t Copy and paste. Do not use the same content for multiple business schools. We can always spot recycled content.
  • STAY ON PROMPT. If you bypass the actual questions in an effort to tell us something you think we want to hear, you will not provide the information we are looking for. This includes sticking to the word counts and time limits that are given.
  • Be honest. These essays are our way to learn more about you. Our community values authenticity and we look for essays that reflect your authentic self.
  • Have someone you trust read over your essays. Those closest to you can provide valuable insights, feedback, and perspectives as you highlight your personal gifts and qualities.

We hope these insights into the essay prompts give you some ideas to think about and some points to revisit as you write (and rewrite) your essays. Good luck and happy applying!

Please reach out to the MBA Admissions Team with any questions.

Hook ’em!

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Working Professional and Executive MBA Testing Options

October 15, 2021 / / Comments Off on Working Professional and Executive MBA Testing Options

Preparing for and taking an MBA admissions exam is one of the best ways to get your mind back into academic mode as you prepare for business school. Some of the most common questions we receive from MBA candidates are about the standardized tests. Texas McCombs MBA admissions is excited to share that working professional and executive MBA candidates 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, GRE, or Executive Assessment (EA).  We will waive the testing requirement if:

  • Expired (taken 5+ years ago) GMAT, GRE, or EA score
  • General Test Waiver (merit-based) is approved
  • COVID-19 Test Exception is approved

Standardized exams like the GRE, GMAT, EA, TOEFL, and IELTS help us to evaluate a candidate’s academic preparedness for the rigor of business school and is one metric used to compare candidates within a large pool of applicants.

In addition, studying for and taking the exam – for some, even taking it multiple times – can show the admissions committee your commitment to the competitive business school application process and how you may approach academic challenges as a student.

This post contains a lot of information, broken down into three sections:

  • Test Options for Working Professional and Executive MBA Candidates
  • Which Exam is Right for You?
  • Impact of Your Test Score.

Test Options for Working Professional and Executive MBA Candidates

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

  • Expired (taken 5+ years ago) GMAT, GRE, or EA score
  • General Test Waiver (merit-based) is approved
  • COVID-19 Test Exception is approved

Our admissions committee does not have a preference on which test you take and there is no minimum score.

Submitting Current GMAT, GRE, or EA Scores

For current scores, you must self-report your test scores in your application as well as have official score reports sent directly to UT Austin by the testing agency. The date that your official scores are sent to UT Austin by the testing agency should be no later than the application round deadline, as it can take up to 3-4 weeks for new scores to be processed. Note that if you are taking the GMAT, GRE, or EA online, you will want to allow up to two weeks to receive your score from the testing agency. You must have your test score in hand by the application deadline in order to submit your application.

Submitting Expired GRE, GMAT, or EA Scores

For expired scores (5 years or older), you must self-report your score and upload proof of the test score in the application. Examples of proof for expired test scores include a score report you received previously from the testing agency OR documentation from another educational institution that previously received the score (e.g. for another graduate/terminal degree application).

About the Executive Assessment (EA)

In 2016 GMAC (who also administers the GMAT exam) saw the need for a new exam, designed specifically for the needs of MBA applicants who have a significant amount of work experience. Originally conceived for Executive MBA programs, the Executive Assessment (EA) exam was launched. Today, almost 100 MBA programs, Full-Time, Professional, and Executive, accept the EA. Unlike the GMAT or GRE, the EA is a readiness exam and a benchmark for academic preparedness. More details about the EA exam can be found below.

General Test Waiver Petition

A merit-based test waiver is available by request prior to submitting your application. Waivers/Exceptions are not available for applicants who have already sent scores to UT.

For candidates who would like to request a merit-based test waiver:

  • Submit the General Test Waiver petition form prior to submitting your application.
  • The General Test Waiver petition form can be accessed directly (UT EID login required) or via the test scores section of the application.
  • Waiver approval is merit-based and takes into account your work experience and academic history. Your resume and transcripts are required for consideration.
  • A decision on your test waiver request will be shared within 5-10 business days after submission.
  • Waivers/Exceptions are not available for applicants who have already sent scores to UT.

COVID-19 Test Exception Petition

A test exception is available if you have been directly affected by COVID-19 and are unable to take the exam in person or at home. Waivers/Exceptions are not available for applicants who have already sent sores to UT.

For candidates who would like to request a COVID-19 Test Exception:

  • Request the COVID-19 test exception form by emailing TexasMBA@mccombs.utexas.edu.
  • Submit the COVID-19 test exception form prior to submitting your application.
  • The COVID-19 test exception is only for those applicants who are unable to take an exam in or at home for reasons directly related to COVID-19.

Which Exam is Right for You? 

The Admissions Committee does not prefer one test over the other in terms of demonstrating your preparedness for business school, but it is important to think about which exam is best for you as an individual. There are different reasons to consider taking the GMAT vs the GRE vs the EA.

​​While the GMAT and GRE tests both have quantitative and verbal sections, they have noticeable differences. We encourage you to do your research and take practice tests to learn each test’s points of emphasis, and how they are scored.

Both The GMAT and GRE are adaptive, which means that your success in answering questions correctly has an impact on the future questions you are given. But the tests deliver adaptive questions in different ways.

  • The GMAT is adaptive by question. When you get an answer correct, the next question is more difficult, and when you get an answer wrong, the next question is less difficult. This also means that once you answer a question, you can’t go back to that question.
  • The GRE is adaptive by section. If you do well on the first verbal section, you get a more difficult version of the next verbal section and vice versa.

We have included some more details about the GMAT, GRE, and EA below, but if you are unsure which exam is best for you, here are our tips:

  • We recommend taking some practice tests! There’s a chance you may be more comfortable with one test format over the other.  At the end of the day, the choice of which exam to take is yours.
  • Build in study time and leave yourself enough room on the calendar to retake an exam if necessary. If you’re not happy with your score, you can retake either test. While many candidates take the test only once thinking it will fulfill the requirement, others recognize that a second effort is likely to yield improvement. It comes at the cost of additional time and another test fee, but the payoff can be significant if it makes you a stronger candidate.
  • Make sure you submit your application as confidently as possible and with a score you feel good about.

GMAT 

For many years, the GMAT was the only standardized test accepted by business schools, but in the last decade, that has changed. Like Texas McCombs, many schools accept the GMAT, GRE, and EA with no preference for one test over another. However, it’s important to be aware that the GMAT is still used by most large consulting and investment banking companies 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. The Fine Print: Not ALL consulting and investment banking firms look at your GMAT – boutique consulting firms, for example, typically do not ask for your score. So this is not a one-size-fits-all rule but is something to consider if those industries are of interest to you.

Exam Structure:  The GMAT has only one section each of verbal and quantitative questions. Within each section, a handful of questions are experimental, however, you won’t know which questions count towards your score and which are experimental. The verbal section of the GMAT focuses on grammar (sentence correction) and reading comprehension. In the quantitative section, the GMAT questions center on problem-solving and data sufficiency– you will get some questions where you have to understand if you have enough data to reach a conclusive answer. The GMAT also includes an Integrated Reasoning section, which measures how well you use data to solve complex problems, and an Analytical Writing Assessment, which asks you to analyze an argument and communicate your critique of that argument through a written essay.

Scoring: The GMAT overall scoring range is 200-800, with verbal and quant sections scored on a scale of 6 to 51. The verbal and quant sections both count toward your overall score. The Integrated Reasoning and Analytical Writing sections are scored individually.

Preparation: The amount of time you need to study for the GMAT will be unique to your individual circumstances. However, on average, candidates report that they spend 3 – 6 months preparing for the GMAT exam.  You can find more information and resources for GMAT preparation at MBA.com.

Time to Complete:  3.5 hours total (including two optional breaks) with 30 minutes for Analytical Writing, 30 minutes for Integrated Reasoning (12 questions), 62 minutes each for the quantitative section (31 questions), and 65 minutes for the verbal section (36 questions). The GMAT is considered the ultimate test of executive decision-making. Time is short and you only have one section of each format, so you must what questions are worth spending the most time on.

Cost: $250 – $275 USD depending on location

Delivery: The GMAT is delivered in-person at testing centers or online. You can take the GMAT once every 16 days, no more than five times in a rolling 12-month period, and no more than eight times total. Within the overall limit, you can only take the GMAT online exam up to two times.

Learn more about the GMAT at mba.com/exams.

GRE 

Sometimes the GRE is the best choice for applicants who have already completed a Master’s degree or those who are pursuing their MBA in conjunction with other Master’s degrees, for example, our dual degree programs. 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 appreciated.

Exam Structure: The GRE has two sections of verbal and two sections of quantitative questions, plus one additional section that could be either verbal or quantitative. This additional section is experimental– your responses won’t count toward your score – but like the GMAT, you don’t know which section is the experimental one. So you have to treat each section on its own as if it will count toward your score. The GRE is also known for having a tough vocabulary portion (antonyms, analogies, and sentence completion) in the verbal sections, along with reading comprehension. Quant questions focus more on geometry and data comparisons. Also, the GRE quant includes questions where more than one answer is correct, and you must select all of the correct answers to get credit for that question. The GRE does give you the use of an on-screen calculator, though this provides only basic arithmetic functions. The GRE also includes an Analytical Writing section, which includes an “Analyze a Task” question and one “Analyze an Argument” question.

Scoring: The GRE gives you one score for verbal and one score for quant, both ranging from 130 to 170. There is no total score for the GRE.

Preparation: Preparation time will vary based on your individual schedule and strengths. ETS offers a variety of free and low-cost tools to help you prepare for the GRE exam.

Time to Complete: The overall testing time for the GRE is about 3 hours and 45 minutes, consisting of 60 minutes for Analytical Writing, 60 minutes for two sections of Verbal Reasoning questions (20 questions per section), 70. minutes for two sections of Quantitative Reasoning (20 questions per section), along with some un-scored and research questions.

Cost: $205 USD

Delivery: The GRE can be taken at testing centers or online. You can take the GRE once every 21 days, up to five times within any continuous 12-month/365 day period.

Learn more about the GRE at ets.org/gre.

Executive Assessment (EA) 

The Executive Assessment is a readiness exam and a benchmark for academic preparedness. It is designed specifically for busy, experienced professionals. Anyone is eligible to take the EA.

Exam Structure: There are three sections on the exam – quant, verbal, and integrated reasoning with the type of questions for quant and verbal on the EA being very similar to GMAT. The integrated reasoning section has four types of questions: multi-source reasoning, graphics interpretation, two-part analysis, and table analysis.

Scoring: The total score ranges from 100 to 200 with all three sections weighted equally (0-20).

Preparation: The EA was designed to require minimal preparation, but we recommend putting in enough prep to feel comfortable when you take the exam. On average, candidates put in 21-30 hours of prep time before taking the EA. This test is good option for busy working professionals looking for a way to demonstrate their MBA readiness without the rigorous preparation that the GMAT and GRE demands.

Exam Length: The test is shorter in duration compared to the GMAT and GRE. The test takes about 90 minutes to complete for 40 questions – 30 minutes for Integrated Reasoning (12 questions), 30 minutes for Verbal (14 questions), and 30 minutes for Quant (14 questions).

Cost: $350 USD

Delivery: The Executive Assessment is available both online and in-person at test centers worldwide making the assessment available around the clock to ensure you meet your application deadlines. You can take the Executive Assessment up to two times.

Learn more about the EA at gmac.com/executive-assessment.

Impact of Your Test Score

Future Employment

Before you make a final decision on your testing options, it’s best to research some of your target companies or industries and determine two things:

  • The extent to which they evaluate a test score in reviewing job candidates.
  • Whether they have a preference for one of the tests. At McCombs, we have found that most consulting and investment banking firms do look at the candidate’s test scores, and both industries historically have favored the GMAT.

Regardless of which test you take, you should consider it as another opportunity to not only impress the Admissions Committee, but also potential employers.

Academic History

Does your undergraduate or graduate transcript accurately reflect your academic ability? If your GPA is low, and you do not submit a strong test score, the admissions committee may have concerns about your ability to succeed in the rigorous MBA curriculum.

One other factor to consider is whether or not your quantitative ability shines elsewhere in your application. While many of our MBA students come to McCombs from non-quantitative majors, these applicants are typically able to prove their quantitative prowess through their test scores. If you come from a non-quantitative background and do not submit a strong test score, you will need to find other areas within your background or experience that can demonstrate your quantitative skills. At the end of the day, we want to make sure that you are set up to succeed academically in the program. If the admissions committee has concerns about your quantitative ability, it may impact your chance of admission, or you may be required to complete pre-MBA coursework prior to admission and/or prior to enrollment.

Scholarships

Scholarship awards are competitive and limited in number. Scholarship decisions are based on a longstanding holistic review process that takes into account your entire application and serves to assess the overall strength of your candidacy, including readiness for academic rigor, career goals, leadership potential, and fit with our program culture. Submitting an application without a strong test score may limit the information available to award a merit-based scholarship.

Please reach out to the MBA Admissions Team with any questions.

Good luck and Hook ’em!

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How to Reapply for Your MBA

October 12, 2021 / / Comments Off on 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 essays,  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 for:

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. For TOEFL scores, this period is two years. The McCombs Admissions Committee considers only the highest total submitted score in the evaluation of applications.

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 re-apply 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.

Please reach out to us at TexasMBA@mccombs.utexas.edu with any questions. We look forward to receiving your new application.

Good luck and Hook ’em!

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Submitting Your Full-Time MBA Application

October 7, 2021 / / Comments Off on Submitting Your Full-Time MBA Application

The 2021-2022 Full-Time MBA application is now open!

We usually receive questions about application deadlines and whether or not it matters when you submit your application– Round 1, 2, or 3.

Timing is a key factor in your overall application strategy. A lot of details go into deciding which round to apply, and one answer is not right for everyone. So, let’s break it down by round so you can get a clearer picture of when might be the best time for you to hit “Submit.”

Round One

Round 1 is a good choice for a couple of reasons:

  1. It is our first priority scholarship deadline– If you want to be considered for all merit-based scholarships, Round 1 is your best shot. As each round closes, our scholarship funding pool decreases.
  2.  All of our spots are still available! Plus, historically we’ve received fewer applications in R1 than in R2.

You should NEVER rush to submit your MBA application simply to take advantage of “more spots” or “more funding.”

Once you submit your application, you cannot “re-submit” a stronger application in a later round for the same term of entry. If you skip important preparation, including formal test prep, articulating your “why MBA,” or conducting research just to be able to submit in Round 1, you could end up with a test score and application that doesn’t reflect you at your best.

In any case, submitting in Round 1 might not be a good idea, especially if you know that you can improve a component of your application. Waiting to apply until all aspects of your application are strong is always the best approach.

Round Two

If we filled up the class in Round 1, the Admissions Committee might be out of a job by February. Round 2 is traditionally our largest round and receives many strong applicants. Scholarships and fellowships are still available and all information and data included in your application help the Admission Committee allocate scholarship awards.

Applying later is okay! A strong application will stand out in any round.

Round Three

Round 3 tends to be a smaller round. Many applicants in Round 3 simply didn’t realize an MBA was an option or on their radar until later in the application cycle. Historically, we always have spots available in Round 3 (which is why we have a Round 3), but each year the number varies. We can’t say it enough– A strong, complete, well-researched application always stands out.

Before you hit “Submit,” points to keep in mind:

  • Submit your application only when you’re 99.9% ready. Supplemental application materials submitted after a round deadline are incredibly risky since there is no guarantee the Admissions Committee will see them. Once your file is read, we will not re-review again based upon new information received post-deadline.
  • Don’t wait until the last minute! We are not able to accept applications submitted after 11:59pm CT on the day of the deadline. Technical difficulties plague applicants every round, every year. Stay aware of deadlines the best you can. In the interest of a fair process, we don’t make exceptions to our deadlines, no matter what reason you have for a late submission.
  • Be patient. The Admissions Committee does not begin reviewing applications until the round deadline has passed. In other words, you might be far ahead and submit your application in August, but we won’t begin reviewing any submissions until after the Round 1 deadline in October.
  • The Admissions Committee does not provide individual feedback on applications, out of fairness to all applicants and due to the volume of requests we receive.

If you feel good about your application, we encourage you to apply but if you aren’t ready yet (i.e.: You need to retake your GMAT/GRE/EA, rework your essay, or wait for a promotion at work to come through), don’t risk it– wait until you’re confident in your application before hitting the “Submit” button.

We look forward to reviewing your application this year and are always here to answer your questions about applying. Hook ’em!

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Full-Time MBA Scholarships & Financial Aid

September 17, 2021 / / Comments Off on Full-Time MBA Scholarships & Financial Aid

We understand that pursuing your MBA at a top school is a big investment in your future. Our Full-Time MBA is proud to have consistently been named a Best Value among Top 20 MBA programs by U.S. News & World Report. Austin has also been named one of the best places to live and work in the U.S. and rated in the Top-5 Best Places to Live by U.S. News & World Report for 5 years in a row.

To make your MBA future even more attainable, the Texas McCombs MBA 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 you navigate your MBA application process.

Recruiting Scholarships

graphic that reads 63% of the Full-Time MBA Class of 2023 received scholarship offers

Texas McCombs does offer some recruiting scholarships, including cash awards and out-of-state tuition waivers. 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, 63% of enrolled Texas McCombs MBA students received scholarship offers, and those who accepted merit-based recruiting scholarships received awards ranging from $5,000 to full tuition.

For International candidates, 70% 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, 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, students are invited to apply for 2nd Year MBA Scholarships. These awards, given by the McCombs School of Business through the generous support of individual donors and corporate supporters, typically range anywhere from $1,000-$5,000. The 2nd Year 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 your first year. You 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 2021-2022 school year will be available 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 and let us know if you have any questions.

Visit Texas McCombs MBA to find out more about all our programs, submitting your application, and upcoming events. Hook ’em!

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How to Highlight Your Work Experience

September 17, 2021 / / Comments Off on How to Highlight Your Work Experience

This MBA Insider content comes from Sharon Barrett, Director of Working Professional & Executive MBA Admissions.

When evaluating your application, our MBA Admissions Committee aims for a complete picture of your qualifications and fit with the program. It’s all about perspective. We look  at your application as if we are holding a scale, balancing all the parts.

When considering the specific experience on your resume, on one side there’s a raw number of years (Quantity), and on the other is your job experience (Quality).

Quantity

Say that you are the CEO of a mid-size corporation. Wonderful!  Oh, you just started in this position? That’s an amazing accomplishment, but perhaps you’d still admit that your knowledge and expertise in such a new position wouldn’t be as developed as someone who’s been doing it for a few years.

Or maybe you have been in the same job for 10 years.  Wow!  No doubt you are a go-to person when it comes to that role, but could it mean that perhaps you didn’t take as much initiative or demonstrate the leadership qualities required to launch you to the next level? Or perhaps you have only had a project manager role for a year, but in that time you’ve produced measurable results and demonstrated leadership.  In these cases, the quality of your work experience matters more.

Quality

A general job title like “Project Manager” may seem lackluster, but could actually be pretty exciting.  Don’t let us make assumptions. Take every opportunity on your application to illustrate just WHAT about your job made your experience rich and rewarding.

On the flip side, a Chief Operating Office title sounds impressive, but what kind of company did you work for and how extensive were your duties?  An impressive title with naught to back it up won’t move the needle in your favor when it comes to work experience.

The take-away on work experience:  Years, titles, and accomplishments are not, by themselves deciding factors. To help you provide us with a clear picture, here are our top tips for highlighting the quality and quantity of your work experience on your resume:

Blue graphic that reads 7 Tips for a Better Resume

  1. Tailor Content – You may have heard the adage that your resume should be tailored to your audience, which is true. But customizing your resume may simply entail reordering or swapping out bullet points. Remember, a resume is a summary of your relevant experience, not necessarily all of it.
  2. Emphasize Results – We don’t just want a summary. We want to know whether you generated results from your work.  If the person replacing you could copy and paste your resume bullet points into their resume, that’s probably a sign your bullet points need to better emphasize your individual contributions in the role.
  3. Avoid Redundancy – Think of each line on your resume as a valuable piece of real estate. Consider the incremental value that each line on your resume provides for you as a candidate. If you have performed the same task in multiple roles, is it necessary to list that same task more than once on your resume? Likely not.
  4. Show Balance – We want to see a “balanced” candidate – someone who has been strong in the classroom and in the workplace while participating in extracurricular activities and having unique interests outside of work. Consider creating an “Additional” section to detail your activities and interests for use as a potential conversation starter.
  5. Utilize White Space – Great resume content can only be great if a reader can easily access it. That’s where resume readability comes into play. Don’t forget to use your white space effectively. A resume is not about cramming as much you can onto the page. Rather, give your content some space to breathe.
  6. Enlist Proofreaders– Perhaps the most important element of a resume is that it is free of errors. A single spelling, grammatical, or formatting error can hurt even the most impressive resume. Have multiple individuals proofread your resume.
  7. Convey Personal Brand – What do you think of when you think of great global brands like Apple, Nike, or Google? What words come to mind? Now, when we read your resume, what words do you want to come to mind about you? Have a peer give your resume a 30-second review and see if the words you want to pop for a reader, actually do.

Remember, your resume is important, but it’s only one data point for you as a candidate. Years of work experience give only one sense of you as a candidate, so use your resume to make the quality of those years really stand out.

Visit Texas McCombs MBA to find out more about all our programs, submitting your application, and upcoming events. Hook ’em!

Texas McCombs MBA Admissions News

Full-Time MBA Application Deadlines, New Testing Options, and Essay Topics

June 14, 2021 / / 2 Comments

This post comes from the desk of Rodrigo Malta, the Managing Director of MBA Recruiting and Admissions at Texas McCombs. As an alumnus of the MBA program and passionate ambassador for McCombs and Austin, Rodrigo is excited to share the latest admissions updates for the 2021-2022 Full-Time MBA admissions cycle  with you below.

 

Application Deadlines

Please mark your calendar for the dates below to be prepared for the upcoming application cycle.

Round Application Deadline Decision Notification
1 October 12, 2021
(priority deadline for scholarships & fellowships)		 December 16, 2021
2 January 6, 2022 March 24, 2022
3 March 29, 2022 May 5, 2022

The 2021-2022 Full-Time application will open summer 2021. To be among the first to know when the application is open, please be sure to sign up for our email announcements.

 

New Testing Options

All Full-Time MBA applicants are required to submit test scores with their application. Beginning this year, in addition to the GMAT and GRE, Texas McCombs is also accepting the Executive Assessment (EA) as a test option, as well as expired scores.

Accepted Scores:

  • A valid GMAT, GRE, or Executive Assessment (EA) exam score.
  • An expired (5 years or older) GMAT, GRE, or Executive Assessment (EA) exam score.

For details on accepted scores, school codes, and all other components of the application, please review the application process.

 

Essay Topics

Our essay topics for this application season have been confirmed. We strongly recommend planning for your essays in advance and being thoughtful about your answers. Take advantage of this opportunity to tell us about yourself and why McCombs in your own words; Review the 2021-2022 essay topics now.

 

Get to Know Rodrigo Malta

Rodrigo Malta Headshot

Rodrigo Malta, Managing Director of Texas McCombs MBA Admissions

Rodrigo was born and raised in Brazil and moved to the U.S. in high school. After earning his bachelor’s degree in management and working for a large telecom company in Kansas City, Missouri, he obtained an MBA at Texas McCombs. During his time as an MBA student, Rodrigo volunteered with the McCombs Ambassador Committee (MAC), which assists the admissions team with campus visits, interviews, and helping prospective students learn more about Texas McCombs and the application process. Rodrigo secured a marketing job at Dell post-MBA, but his passion for MBA admissions eventually led him back to his current Managing Director role, which he describes as his “dream job.”

If you have not had the chance to connect with Rodrigo or other members of the MBA Admissions team, we hope to meet you at an upcoming event.

We will be posting updates and tips throughout the admissions cycle.  If you have any questions we can help with now, please contact the MBA Admissions team.

Hook ’em!

*Update 6/17/21: A previous version of this post listed incorrect dates for “Decision Notification” and has been corrected.

Apply Now to Start Fall 2021

2021 Working Professional and Executive MBA
Applications are Open

June 1, 2021 / / Comments Off on 2021 Working Professional and Executive MBA
Applications are Open

The Texas McCombs  Executive MBA, MBA at Dallas/Fort Worth and MBA at Houston programs are accepting applications for Fall 2021 on a space-available basis. If you were unable to submit before the last deadline, this is a great opportunity to start in August as part of the Class of 2023 without waiting another year to begin your MBA.

Your McCombs Application

 

 

Note: Spots are not guaranteed. If any classes fill, the application for that program will close.

Applying Now vs. Earlier in the Cycle

In contrast to full-time MBAs, working professional MBA classes fill up later in the cycle. Your chance for admission is the same now as if you had applied in earlier rounds. And there are many reasons to consider starting your MBA this fall:

  • An MBA will provide you with the leadership and business skills to help with post-COVID organizational change.
  • You’ll gain a supportive network of classmates, alumni, faculty, and staff– there are over 100,000 McCombs alumni around the world.
  • Texas McCombs provides unmatched career support for working professional students.
  • All applicants submitting for Fall 2021 before the application closes will receive an application fee waiver worth a $200 USD value.

Testing and Scores

All applicants should note that our testing options have changed for this cycle

UPDATE 6/22/21 – TEST WAIVER FOR DALLAS/FORT WORTH AND HOUSTON MBA APPLICANTS:

General Test Waiver: Although submitting a strong test score is always advised, Dallas/Fort Worth and Houston MBA applicants may submit a petition to waive the test score by using the Optional Essay within the application to share the reasons for considering your application without a score. (i.e. strong undergrad/graduate GPA, certifications, extensive work experience) Waiver petitions are considered along with the rest of your application components and reviewed holistically. The MBA Admissions Committee will view each applicants’ petition in the context of their entire application and render a decision based on the application as a whole, versus a separate decision on just the waiver.

Ready to Apply?

The best time to apply is always when you feel you are ready to start the program and have a strong application. All applicants applying to the program must be prepared to start the program in August 2021.

If you have any questions now about starting the program, please contact us:

 

How to Have a Successful MBA Interview

October 21, 2020 / / Comments Off on How to Have a Successful MBA Interview

We understand that if you are planning to apply this application cycle , you may be affected by challenges posed by COVID-19. The University of Texas continues to prioritize your safety and you can stay updated on safety measures and announcements via Protect Texas Together.

After you submit your MBA application, you may receive an invitation to interview.  The weeks after submitting create a new set of questions, especially because of the current restrictions for on-campus visits and virtual interviews. Common questions include:  What interview format options are there? What sort of questions will I be asked? Who conducts the interview? How should I prepare?

Different schools have different interview processes. It’s important to be familiar with how the Texas McCombs MBA runs the virtual interview experience. Be sure to read all confirmation emails and instructions very carefully.

Interviews Are Invitation Only 

Currently, all interviews are being conducted virtually.

Full-Time MBA Program Interviewers
For our Full-Time MBA program, interviews will be conducted by a current MBA student, MBA Alumnus, or MBA Admissions staff.

Working Professional MBA Program Interviewers
For our working , interviews will be conducted by the dedicated Admissions Officer for your program.

If you receive an interview invitation, an email will point you to our online platform and allow you to select an interview time slot that works with your schedule. There is a deadline to complete your interview, so be sure to schedule it as early as you can.

Interview invitations can come at any time during the application round. You will want to check your email (and  your Spam Folder) regularly after you submit your application  so you can  respond to our invitation and secure your preferred time slot.

An Un-Biased Approach  

Going into each interview, our interviewers do not have access to anything about you or your application, except for your resume. (Even so, it’s always a good idea to have a copy of your resume on-hand during the conversation.)

All of our interviewers are fully trained on conducting an interview that is professional, fair, impartial and helpful. Interviews typically last anywhere from 30 minutes to an hour.

Most interviews follow the general framework of introductions, questions from the interviewer for you to answer, then leave time  at the end for you to ask questions about the program and/or application process.

Top Tips

  1. Be On Time: Arriving on time is “Interviewing 101,” yet it still manages to trip up even the most prepared of candidates. Please follow all the instructions in your confirmation email about how to connect with your interviewer.
  2. Test Technology: Virtual interviews are being conducted through Zoom. If you don’t have one already, create a Zoom account. You’ll want to find a good space to conduct your interview, ideally with good lighting, stable internet, and access to a plug. We recommend connecting directly to your internet for the most reliable internet connection.
  3. Pace Yourself: You’d be surprised how many times, at the end of an applicant’s long answer, we are asked to repeat the original question. Most often this happens to people who try to put too much into the first answer for fear of not being given an opportunity later on to address their prepared examples.  Don’t worry, you will have time to get to it.  Plus, there is often an opportunity at the end of an interview to mention anything you didn’t address in the formal line of questioning.
  4. Be Professional But Loosen Up: Given our program’s famously friendly culture, our interviews are relatively informal.  If you still find yourself nervous, practice your answers in front of a mirror or with a friend or colleague and ask them how you did. Did you answer the question? Did you rush through it? Take a moment to outline your answer in your mind first, and then address it calmly and confidently.  Don’t get too comfortable, though. While we’re an easy-going group, maintaining an appropriate level of professionalism is always a good idea. This includes professional language and attire, as if you were interviewing for a job.
  5. Know What We’re Looking For: We listen for confidence, clear and concise communication of career goals, concrete examples of teamwork and leadership, in-depth knowledge of our MBA program, and overall genuine enthusiasm.  Also, the interview can be a place to showcase secondary skills that are difficult for us to determine solely based on your application: interview skills, self-awareness, communication style, and “hire-ability.” Keep these in mind so we can get a feel for the application intangibles.
  6. Come with questions: A good list of questions for your interviewer can illustrate a few key things about you as a candidate: You’ve done your research, you care about our program, you have envisioned yourself as an MBA, and you can formulate coherent thoughts under pressure. We usually leave anywhere from 10-15 minutes for questions, so limit your list to 2-3 good ones and have a few backups.

Some applicants anticipate an interview and feel nervous, which is natural. If you are nervous, here is some key advice: The interview is your official opportunity to share your story, provide examples, and tell us why you chose McCombs like no one else can. Take advantage of this opportunity; It can be just the thing the Admissions Committee needs to understand the rest of your application elements and gives us the chance to get to know you better!

If you have any questions during the application process, we’re here to help. Please visit our website for details on applying to each program and follow us on Instagram for an inside look into the the Texas McCombs MBA.

Everything You Need to Know About the Texas McCombs MBA COVID-19 Test Waiver

August 20, 2020 / / 3 Comments

 

Standardized exams like the GRE, GMAT, EA, TOEFL & IELTS help us to evaluate a candidate’s academic preparedness for the rigor of business school and is one metric used to compare candidates within a large pool of applicants.

In addition, studying for and taking the exam – for some, even taking it multiple times – can show the admissions committee your commitment to the competitive business school application process and how you may approach academic challenges as a student. 

However, we understand that many are experiencing hardships due to the COVID-19 pandemic and that these challenges may be affecting your applications plans and ability to take an exam. Due to the unprecedented circumstances, we are providing applicants who are unable to take an exam in person or online the opportunity to petition for a test score waiver.

Here, our Admissions Team answers some questions you might have about the Texas McCombs MBA COVID-19 test waiver, including who the waiver is for and how it might impact your application. 

Who is eligible for a COVID-19 test waiver? 

Applicants who meet both of the criteria below have the opportunity to petition for a special test waiver:

  • You are unable to take an exam in-person at a designated testing center due to lack of availability in your region, or because you or someone in your household is immunocompromised, AND    
  • You are unable to take an exam online due to lack of availability in your region, technology or other test-taking requirements (e.g. device availability or compatibility, slow internet connection, testing environment) 

If you do not meet both of these criteria, we require that you complete the standardized tests prior to submitting your application.  Both GMAC and ETS have introduced remote testing options for the  GMAT, GRE, EA, and TOEFL exams for candidates impacted by coronavirus, and the majority of testing centers have re-opened globally with stringent health and safety precautions.   

How do I request a COVID-19 test waiver? 

If you meet both requirements above and would like to request a COVID-19 test waiver, please email TexasMBA@mccombs.utexas.edu to receive a link to the petition and to learn more about the test exception process.  

Is there a deadline to request a COVID-19 test waiver? 

The test waiver petition must be approved by the admissions committee before you submit your application to McCombs. The admissions committee may take up to five business days to review your petition, so please complete the petition 10-15 days prior to your planned application submission date.

How does a test waiver impact my application? 

If you are approved for the COVID-19 test waiver, you may be asking yourself, “What are my chances for admission?” 

The truth is that by removing one component from your application, your other components will carry more weight in the committee’s final decision. Below are some items to consider as you craft your application. 

Academic History 

Does your undergraduate or graduate transcript accurately reflect your academic ability? If your GPA is low, and you do not submit a GMAT or GRE score, the admissions committee may have concerns about your ability to succeed in the rigorous MBA curriculum.  

One other factor to consider is whether or not your quantitative ability shines elsewhere in your application. While many of our MBA students come to McCombs from non-quantitative majors, these applicants are typically able to prove their quant prowess through the GMAT or GRE. If you come from a non-quantitative background and qualify for a test waiver, you will need to find other areas within your background or experience that can demonstrate your quantitative skills. At the end of the day, we want to make sure that you are set up to succeed academically in the program. If the admissions committee has concerns about your quantitative ability, it may impact your chance of admission, or you may be required to complete pre-MBA coursework prior to admission and/or prior to enrollment.  

Work Experience 

Your work experience will be reviewed thoroughly by the committee for leadership potential, progression and/or increasing responsibilities, and achievements. Generally, the level of responsibility someone has within a company correlates positively to how they will perform in a rigorous graduate educational program.  For those with less than the average work experience, a standardized test score may make your application more competitive. 

If you have any professional certifications, such as the CPA, CFA, Series 7, or others – be sure to highlight these on your resume and within your application, as attaining these types of certifications helps show the committee your academic readiness.  Advanced or terminal degrees should also be highlighted.  

Career Goals 

If your post-MBA career goal is to work in management consulting or investment banking, employers in these industries may ask that you provide your GMAT score when applying for internships or full-time positions. If you qualify for a test waiver and are considering pursuing post-MBA jobs in these industries, it is important that you are aware of this before enrolling because you may end up having to take the exam to apply for these roles. 

Scholarships 

Scholarship awards are competitive and limited in number. Scholarship decisions are based on a longstanding holistic review process that takes into account your entire application and serves to assess the overall strength of your candidacy, including readiness for academic rigor, career goals, leadership potential, and fit with our program culture. Submitting an application without a test score may limit the information available to award a merit-based scholarship.   

One other note: Admission deferral requests for the Full-Time MBA program will not be considered if you gain admission to Texas McCombs and have a test exception. 

What if I’m an international student and am not able to take the TOEFL or IELTS? 

If you are an international student who does not qualify for our standard TOEFL/IELTS waiver based on work experience and/or education history, but you meet the criteria for a COVID-19 test waiver, you may be asked to prove your mastery of English via other avenues, such as a meeting with an admissions committee member or an additional essay request. In addition, if admitted you may be required to enroll in and pay for the pre-MBA Business English Program, which occurs in June 2021.  

Final Thoughts on the COVID-19 Test Waiver

The COVID-19 test waiver is intended only for those who cannot take the exams in person or virtually due to circumstances beyond their control.  If you qualify for a test waiver and believe that your application will not be negatively impacted by the lack of a test score, we encourage you to submit the petition and apply when you are ready. However, it is important to remember that we have multiple application rounds for a reason! For some, it may be best to wait to apply until you can submit with test score in-hand.  The decision will be different for every applicant, and we encourage you to approach this thoughtfully.   

We wish you well during these difficult times. Please contact us if you have any questions, and best of luck on your application! 

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