Texas McCombs MBA Insider

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beyond the numbers: the value of a texas mccombs mba

The True Value of a McCombs MBA: Beyond the Numbers

January 31, 2025 / / Comments Off on The True Value of a McCombs MBA: Beyond the Numbers

In the world of graduate education, there’s a saying that undergraduate college choices are about the 3 P’s: Price, Proximity, and Prestige. For MBA candidates, we propose a new framework: the 3 R’s – Reputation, Recruiting, and Return on Investment.

Future MBA candidates are inherently more outcomes-focused than undergraduate students. While personal growth remains important, the emphasis includes tangible benefits and measurable results. The fundamental question for future MBA candidates is: Why invest two years and over $100,000 in an MBA program?

Reputation

Reputation is a collective measure encompassing rankings, results, brand recognition, and other key indicators of institutional excellence. Texas McCombs has solidified its position as a top 20 MBA program with impressive national recognition by U.S. News and World Report in 2024:

  • #7 Working Professional MBA
  • #16 Full-Time MBA
  • #15 Executive MBA

But our story goes beyond rankings. We are powered by the University of Texas at Austin brand – a name that resonates globally. The burnt orange of the Texas Longhorns is more than a color; it’s a symbol of excellence that transcends state lines and continents. When people hear “UT,” they instantly connect it with the motto “What starts here changes the world.”

Wherever you go – from the bustling streets of New York to the tech hubs of Silicon Valley, from international business centers in Tokyo to emerging markets in São Paulo – you’ll find that the University of Texas needs no introduction. Our reputation precedes us, speaking volumes about the caliber of education and the potential of our graduates.

These rankings represent our commitment to delivering an exceptional graduate management education across multiple MBA formats, reflecting our academic rigor, innovative curriculum, and consistent performance in preparing business leaders who are ready to make a global impact.

Recruiting

The McCombs MBA is not just about what you learn, but how we help you leverage that learning in the job market. Our recruiting ecosystem is designed to be a powerful career accelerator that goes beyond traditional placement services.

We’ve cultivated a robust network that connects students with over 420  unique employers annually. Our career support is a holistic journey that begins with deep personal exploration and extends to strategic career placement.

Our dedicated Career Education & Coaching team provides end-to-end support that transforms your professional potential:

  • A full-time coaching team of eleven professionals entirely dedicated to student success
  • Specialized part-time coaches with expertise across various industries, including the most common MBA paths like consulting, tech, and finance, along with specialized paths in industries like energy, private equity, venture capital, healthcare, and manufacturing
  • Comprehensive support that spans from self-assessment and market exploration to interviewing and offer negotiation

“The numbers tell a powerful story about our commitment to student success,” Sarah Nathan, Managing Director, MBA Career Education & Coaching said. “In the past year alone, our dedicated career team has conducted over 1,200 individual coaching appointments, supported more than 550 actively job-seeking students, and provided upwards of 200 hours of drop-in coaching sessions across our MBA programs. But what these numbers really represent is our personalized approach – each interaction is an opportunity to help a student refine their career strategy, prepare for crucial interviews, or navigate important decisions. We’re not just helping students find jobs; we’re partnering with them to launch careers.”

Our approach is meticulously designed to support your unique career journey, meaning we offer personalized strength and interest assessments, exploration of diverse industries, functions, and employers, tactical skill development, and specialized preparation programs, technical and consulting case interview training, targeted support for veterans, and industry-specific networking strategies. This comprehensive approach translates into tangible results, with 78.7% of Full-Time MBA Class of 2024 graduates securing positions through school-facilitated sources.

Recruiting Trends

The past three to five years have been a remarkable period of transformation in the job market, and McCombs MBA graduates have emerged as resilient and adaptable professionals. The post-COVID landscape brought an unprecedented demand for top MBA talent, presenting our graduates with exceptional opportunities.

While national MBA hiring has experienced some softening, particularly in consulting and technology due to interest rate changes and other economy-wide factors, McCombs graduates have been strategically positioned to thrive. The Texas business ecosystem has been a critical differentiator, with the state consistently outpacing national job growth and creating dynamic opportunities across multiple industries.

The job market has witnessed a fascinating shift, with a surge of high-paying roles emerging in operations, energy, financial services, and banking – a trend highlighted in the Wall Street Journal’s “Y’all Street” feature about Texas’s burgeoning financial hub.

The Texas Advantage

The Texas business landscape offers unique opportunities that set our graduates apart. With incredibly strong job growth, the state has become a powerhouse for industries including:

  • Banking and financial services in the Dallas area
  • Energy sectors in Houston and Austin
  • Manufacturing and aerospace in Central Texas
  • Technology in Austin

A distinctive benefit is that salaries in Texas frequently match those in higher cost-of-living areas, accelerating the payback period for our MBA investment. The robust job market means our alumni are not just finding jobs – they’re thriving. Large companies are drawn to our central hiring departments because of the McCombs brand, while our alumni in leadership positions actively prioritize hiring fellow Longhorns.

Top recruiting partners including Amazon, Bain & Company, Boston Consulting Group, Dell, Deloitte, EY Parthenon, Kearney, McKinsey & Company, Microsoft, PepsiCo, PwC Strategy&, and Walmart actively seek McCombs talent, recognizing the exceptional preparation and skills our program develops.

Return on Investment

When considering an MBA investment, sophisticated candidates think like investors – they want to understand the quantifiable returns. We approach ROI with the same analytical rigor we teach in our finance courses.

The financial value of an MBA can be measured using two key metrics: Net Present Value (NPV) and Internal Rate of Return (IRR). NPV indicates the value created by your investment in today’s dollars, while IRR shows your annual percentage return. When directly comparing two mutually exclusive investment alternatives (such as pursuing an MBA vs. not pursuing an MBA), we can calculate the incremental NPV and IRR to determine which alternative is better, financially.

Using current data from our 2024 graduating class and typical career trajectories, here’s what the investment in a Full-Time MBA looks like (don’t worry – these assumed values can be changed if others apply):

  • Average Pre-MBA Salary: $90,000
  • Pre-MBA annual increase in Salary: 5%
  • Pre-MBA tax bracket: 25%
  • Post-MBA Starting Salary (based on average 2024 numbers): $150,000
  • MBA Signing Bonus (based on average 2024 numbers): $30,000
  • Post-MBA annual increase in Salary: 7%
  • MBA tax bracket: 30%
  • Tuition: $100,000
  • Additional Expenses: $30,000
  • MBA Internship income: $25,000

Using these inputs and assuming a discount rate of 6% (implying that you could earn 6% annually on funds if you don’t invest them in an MBA), over a typical 35-year career, your MBA generates:

  • Incremental NPV (over not pursuing NPV): $1.56 million in additional value
  • Incremental IRR: 21% annual return

Thus, your initial $130,000 investment in an MBA more than pays for itself over time in absolute dollars and it also generates a very attractive incremental rate of return.

We’ve provided a template you can use to plug in your own numbers and see your potential returns. These tools will help you make an informed decision about your MBA investment.

calculate your npv

Intrinsic Value

Of course, the true value of an MBA extends far beyond financial metrics. Beyond the impressive salary increase and career acceleration, students experience a profound personal transformation. The MBA journey cultivates increased self-confidence, transferable skills like advanced project management and strategic negotiation, and a deeper understanding of personal strengths and career goals. Students develop enhanced relationship management, learn to challenge assumptions and gain the courage to ask critical questions that shape their professional trajectory.

The real magic happens in the relationships and personal growth. Graduates build a rich network of unique, ambitious professionals from varied backgrounds, creating lifelong connections that inspire and challenge them. They expand their worldview, develop greater social and cultural awareness, and discover an enhanced ability to contribute to community causes. As the saying goes, “You are the product of the five people you spend the most time with” – and an MBA surrounds you with innovative, driven individuals who push you to reimagine your potential, transforming the experience from a mere degree into a life-changing journey of personal and professional development.

The Numbers Tell a Compelling Story

The McCombs MBA is more than an educational investment – it’s a transformative financial strategy. Our data reveals a powerful narrative of opportunity, with an average starting salary of $150,000 plus a $3,000 signing bonus, Full-Time MBA graduates see a 67% increase from typical pre-MBA salaries. Over a 35-year career, this translates to an additional $1.56 million in value, with an impressive 21% annual return on investment.

We’re committed to making this investment accessible through multiple funding pathways. Approximately 75% of Full-Time MBA students receive scholarship offers ranging from $5,000 to full tuition. For those exploring additional financial support, federal loans offer fixed interest rates with flexible terms, and our financial services team provides comprehensive guidance on employer sponsorship, military funding, and external scholarship opportunities.

The true ROI of a McCombs MBA extends beyond dollars and cents. While the financial numbers are compelling, the real value lies in the combination of our three R’s: the doors opened by our reputation, the opportunities created through our recruiting relationships, and the demonstrated return on investment. Your MBA is not just an expense, but a strategic investment in your most important asset: yourself.

Ready to get started on your MBA journey? Visit Texas McCombs MBA to learn more about our programs, application components, deadlines, and upcoming events, or take a peek into student life on Instagram. Please reach out to the MBA Admissions Team with any questions.

Texas McCombs Full-Time MBA Class of 2024 Career Success Demonstrates Power of School’s Ecosystem

January 27, 2025 / / Comments Off on Texas McCombs Full-Time MBA Class of 2024 Career Success Demonstrates Power of School’s Ecosystem

The Texas McCombs MBA ecosystem proved exceptionally effective in launching graduates’ careers, with 78% of the Class of 2024 securing positions through school-facilitated resources. This remarkable outcome underscores the strength and agility of our career preparation framework, with 57% of accepted offers originating from McCombs-facilitated internships and another 21% through our Corporate Partner Ecosystem.

Among the 221 graduates in the Full-Time MBA Class of 2024, 86% of those seeking employment received job offers within three months of graduation, with 85% accepting positions. These strong outcomes reflect both the caliber of our students and the effectiveness of our career management initiatives.

Graduates commanded competitive compensation packages, securing an average base salary of $151,178, complemented by an average signing bonus of $31,003. Investment Banking and Consulting led functional areas with median base salaries of $175,000.

The Class of 2024 showcased remarkable versatility, securing positions across 12 different industries and nearly 100 unique companies. Consulting remained a leading choice with 30% of graduates entering the field, while Technology saw significant growth, attracting 22% of graduates – a 7-percentage point increase from the previous year.  Financial services maintained its strong presence with 17% of graduates, followed by healthy distribution across energy (6%), retail (5%), consumer packaged goods (4%), manufacturing (4%), and transportation and logistics services (4%).

Our graduates also displayed strong functional diversity in their career choices. Beyond consulting roles (30%), graduates pursued careers in finance (28%), marketing/sales (21%, including product management and product marketing), and general management (18%, encompassing strategy & innovation, project and program management, and leadership development).

The geographic distribution of our graduates reflected both regional strength and expanding opportunities. While 66% of graduates chose positions in the Southwest region, they spread across Texas’ major business hubs: 47% in Austin, 25% in Houston, 24% in Dallas/Fort Worth, and 4% in other locations. The West region demonstrated notable growth, increasing from 7% in 2023 to 14% in 2024, reflecting our graduates’ expanding geographic reach and the program’s national impact.

We extend our deepest gratitude to the entire Texas McCombs community – our faculty, staff, employers, and alumni – who contributed to these strong employment outcomes in an evolving market. The Class of 2024’s success demonstrates both the enduring value of the Texas McCombs MBA and our graduates’ ability to thrive in a dynamic business environment.

Check out our Full-Time MBA Employment Report for more data on the Class of 2024 employment Outcomes.

Visit Texas McCombs MBA to learn more about our programs and upcoming events or take a peek into student life on Instagram. For any inquiries, don’t hesitate to reach out to the MBA Admissions Team. We look forward to connecting with you on your journey to success.

Hook ‘em!

Working Professional MBA Class of 2023 Career Outcomes

Impressive Outcomes from Texas McCombs Working Professional MBA Class of 2023

May 15, 2024 / / Comments Off on Impressive Outcomes from Texas McCombs Working Professional MBA Class of 2023

For ambitious professionals seeking to elevate their careers without taking a break, the Texas McCombs Working Professional MBA program, encompassing the Evening MBA, Weekend MBA at Dallas/Fort Worth, and Weekend MBA at Houston, continues to be a launchpad for success. The impressive outcomes of the Class of 2023 stand as a testament to the program’s commitment to empowering students to achieve their professional aspirations while working full-time.

When students enter the program, the identify themselves along one of four career paths:

  • Enhancers aim to continue an upward trajectory in the same career function or industry.
  • Switchers know they want to transition to a different role, function, and/or industry.
  • Explorers are curious about other opportunities and want to learn about different career paths while pursuing their MBA.
  • Entrepreneurs want to start their own business.

One such success story is Jaenero Gaither from the Dallas MBA program, who now works as a Supply Chain & Operations Consultant at Ernst & Young (EY).  Jaenero entered the program as a supply chain analyst, considering herself an “Enhancer.” However, by getting involved with student organizations like Graduate Women in Business (GWiB), McCombs Ambassador Committee (MAC), and the Consulting Club, she quickly realized her “Explorer” mindset. Although introverted, Jaenero took the advice of the Career Management team and alumni, conducting informational interviews that helped her combine her supply chain experience with a newfound interest in consulting.

Through McCombs’ recruiting resources, Jaenero achieved her goal of landing a role at EY. She credits her ease in securing the position to those informational meetings and additional career conversations with alumni at the firm. Today, Jaenero is known for solving complex supply chain problems and guiding clients through difficult transitions. She remains connected to McCombs, volunteering whenever opportunities arise.

McCombs faculty member Stefani Sereboff poses for portraits on campus on December 7, 2022.

 Stefani Sereboff, Senior Assistant Dean for Career Management & Corporate Relations at Texas McCombs.
Photo by Lauren Gerson.

In an exclusive interview with Stefani Sereboff, Senior Assistant Dean for Career Management & Corporate Relations, we delve into the achievements of the graduating class and the unwavering support provided by the McCombs Career Education & Coaching team.

Q: Can you speak to the salary increases and mobility among graduates? What employment trends are you noticing among working professional grads?

A: In our 2023 employment outcomes, our working professional students secured an average salary of $148,657, which is a 30% increase from when they started the program to post-graduation. 80% of our 2023 Working Professional MBA graduates made a career change in industry, function and/or role which highlights the desire of our students to grow in their careers which can be accomplished through career education, coaching and effective planning.

Our career education and coaching team specializes in meeting working professional students where they are at when they enter the program and providing them with education, support and resources to navigate their next career goals successfully.

Graphic that shows salary stats. $148,657 is the average salary and 30% of students reported an increase of 30% after graduaton

Q: Can you elaborate on the types of roles or industries that graduates from the class of 2023 have entered?

A: Our working professional students’ top industries for the Class of 2023 were energy, manufacturing, consulting, technology, and financial services. We saw growth in energy, manufacturing, and financial services from the year prior. We see many students grow in their careers as well moving from manager to director and/or director to executive levels.

Q: How does Texas McCombs support its Working Professional MBA students in achieving their career goals?

A: Our Working Professional MBA Career Education & Coaching team provides dedicated team members to each program with a focus on career education, planning, resources, and support to empower our students to secure their ideal career path. We offer unlimited one-on-one coaching for our students and a thoughtful roadmap to lead students from career exploration though their entire career journey successfully.

We include alumni mentoring, programming, and networking opportunities throughout the two years at McCombs.  Upon graduation, we introduce our students to alumni career management which provides coaching, resources and support for life for our alumni.

Q: How does Texas McCombs continue to evolve its career management resources to meet the changing needs of Working Professional MBA students?

A: We spend ample time researching market trends, insights, resources, and skills need for the future workplace.  As our team researches, we identify new content, technologies, and experiential learning activities to incorporate in our student career experiences. It is key to us supporting our students for their future career growth.

The achievements of the Texas McCombs Working Professional MBA Class of 2023 serve as a powerful testament to the program’s excellence and commitment to empowering ambitious professionals to unlock their full potential. With its robust career management resources and the guidance of the experienced Career Education & Coaching team, McCombs continues to pave the way for transformative career journeys, enabling students to confidently navigate the path to success.

If you have any questions about Texas McCombs, 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 Texas McCombs MBA. Hook ’em!

Mastering the Employer Support Conversation - As Told by Texas McCombs MBAs

Mastering the Employer Support Conversation,
As Told by Current MBAs

March 14, 2024 / / Comments Off on Mastering the Employer Support Conversation,
As Told by Current MBAs

Pursuing an MBA while working full-time allows you to immediately apply new skills and knowledge to drive your career forward. For those considering an MBA program, seeking employer tuition support can supplement your financial planning and make a top-ranked program more accessible. The Texas McCombs School of Business offers Evening and Executive MBA options in Austin, and Weekend MBA programs in Dallas/Fort Worth and Houston, all catered to working professionals, giving you the the ability to complete your advanced studies without career disruption. As you consider Texas McCombs and determine how to fund this investment, here’s how to have an effective conversation about receiving tuition support from your company.  

First, employer tuition support refers to companies funding all or part of an employee’s graduate school costs. This usually includes tuition reimbursement up to a set amount per year. It may also cover textbook purchases, travel for residencies, and time off to study and attend classes.  

Securing MBA employer support can be advantageous for both employees pursuing further education, as well as for companies supporting their staff. Some key advantages include:  

Benefits for Employees Benefits for Employers
Reduce out-of-pocket education expenses Improve talent retention
Position yourself for a promotion Encourage professional development
Gain skills to help you advance Gain employees with upgraded skills

Initiating the Support Conversation 

When looking to secure employer support for an MBA program, it is strategic to lay the groundwork with your manager early on. A current Dallas MBA student said, “My biggest piece of advice is to start the conversation with your manager about your MBA early on. Once I started doing research, I sought out my manager’s advice. We discussed my decision criteria, whether it was the right time to go, etc. This way, when it came time to talk about employer support it was 1 – not a surprise and 2 – came from a place of furthering my career, which is beneficial for both parties.” 

When the time comes to formally request financial backing, prepare specifics on your program of interest and anticipated costs. Antonio Hung (MBA at Houston) took this approach by first getting organized and gathering all the information possible.

“First, I made sure to understand our company’s sponsorship policies, then I set up a face-to-face meeting on a Friday afternoon with my manager to talk about my career goals and how pursuing an MBA could benefit both me and the organization. I was honest and transparent about my ambitions and how the program could contribute to our mutual success.”

The most compelling case ties your development to benefits for your employer. As Michael De Lucia (Evening MBA) did, “I explained that I thought getting my MBA would help me to be a more effective leader and build more core competencies that would directly benefit our team.” He connected his request to previous career path discussions showing how the MBA aligned with his roadmap, and highlighted how bringing back knowledge could aid his team. 

Tips for an Effective Discussion 

Having an organized, compelling case for tuition assistance is key to securing employer support and sponsorship. Useful strategies include: 

  • Looking at our curriculum to find specific classes/opportunities that McCombs provides that would benefit your company’s objectives and help you improve or advance in your role
  • Highlight the access to expert faculty and a wide range of other business professionals to learn from and to help you spark new ideas
  • Emphasize the strength of the Longhorn Network of students and alumni. This can come in handy should your company have openings they need to fill
  • Quantify the anticipated return on investment and performance benefits 
  • Align your goals to your manager’s career plans for you
  • Start the conversation early while applying, when your reasons for pursuing an MBA are fresh 

“In my case, the areas I wanted to develop through the MBA were roughly the same developmental areas that I knew were going to get me on a better trajectory inside my current company, so I leveraged some of the same talking points from my application and my essays to talk to my manager about it,” said Giuliano Seguro (Evening MBA). “I also anchored on the example of peers and other people at the company that also had done an MBA and how it affected their trajectory within the company. One thing that really helped was introducing my manager to the managers of these other peers that had gone through the MBA so that my manager could understand from someone in their position what was like for them to have someone on their team that had gone through a similar program.” 

Addressing Challenges &
Managing Expectations

Your manager may be hesitant for reasons like budget restrictions or concerns about work disruptions. Be ready to make a case by highlighting your past performance. Offer reasonable accommodations like using vacation time to attend residencies or making up hours spent in classes. 

“One of the more significant challenges I encountered during my MBA was a change of reporting lines,” said Kelly Benda (MBA at Houston). “With the managerial change, I needed to be sure that my new manager was not only aware of the sponsorship agreement, but also supportive of the associated time commitment. To make sure each transition went smoothly, I initiated the discussion early.Every manager is different, but transparency was always the priority. I outlined the time commitments and potential impacts to my schedule and work. In some of my roles, my job included some weekend operational support, so I was constantly communicating with my manager when I was concerned about any conflicts with the weekend class schedule.”

Once support is secured, it’s vital to proactively manage expectations. Schedule regular check-ins with your manager to discuss program updates, workload changes, and potential flexibility needed for exams or course commitments. Come prepared with clear talking points and be transparent about any struggles so you can collaboratively problem-solve.

Seguro emphasized overcommunication: “I made sure that nothing came as a surprise to my manager at any time during the program. I had to get out of my comfort zone and learn to ask for help when needed. My manager knew what was going on with my MBA at all times and whenever I needed to re-balance priorities at work to fit the MBA and vice-versa, we were always able to find a solution together.” 

Share what you learn in the classroom with your manager and team. Not only does this benefit your team with the latest research on a topic, but it also demonstrates the value your employer is gaining by sponsoring you in the program. Often you will have the opportunity to use a team project assignment in class to solve an issue for your company. Look for these opportunities to showcase the benefits your employer is gaining through your experience and connections. 

“I had a frank conversation with my manager on what I thought I would be able to reasonably take on while pursuing my MBA and they were candid in their expectations towards me. I detailed out the structure of the program (e.g. class Monday & Tuesday) and how I would be unavailable during those times but offered that I would be able to make up for that later in the week should it be needed,” DeLucia said. “My manager set the expectation that I prioritize and get my work done on time and that if there were things that I was struggling with bandwidth-wise that I would communicate and be upfront about it.”  

How Sponsorship Shapes Your
Career Trajectory 

Securing employer assistance for MBA tuition not only eases financial barriers but influences career growth in meaningful ways. By backing educational investment in their people, companies open up expanded advancement routes and signal retention priorities. 

As Hung shared, it “gave me the confidence to pursue a working professional MBA without compromising my career trajectory. It reinforced my commitment to personal and professional growth while strengthening my alignment with the organization’s goals.” When companies invest in tuition assistance, it signals retention plans and advancement potential. 

For DeLucia, getting employer support approval “solidified that I would be able to successfully pursue the degree financially” and served as a catalyst. By easing the monetary constraints, he could accelerate his timeline and optimize his learning. 

The fresh knowledge gained also opens up new trajectories internally. As Seguro experienced, support enabled realizing “there was still runway for me to grow inside the company in areas I didn’t think possible before the MBA.” New business perspectives connected opportunities to pivot roles. 

As Matt Bowen (Evening MBA) summarized, sponsorship facilitates “this great synergy where what you learn on Monday, you can apply on Tuesday and what is learned on Tuesday gets applied on Wednesday, and so on.” When companies sponsor tuition, they reap the benefits of elevated employee skills and can quickly apply emerging lessons at work. The outcome is growth and mobility for both sponsored professionals and their supportive employers alike. 

Pursuing an MBA while maintaining your career is a challenging yet rewarding path that leads to immense personal and professional growth. By securing employer tuition support, financial barriers are reduced and unique opportunities are unlocked. With transparent communication, shared vision, and ongoing collaboration, employees and companies together reap the multitude of benefits from this valuable investment. The outcome is strategically aligned career progression, optimized talent development, and synergistic gains on both sides. Now equipped with tips for securing sponsorship, you can confidently initiate the conversation and put plans in motion to propel yourself toward your next-level goals. 

Visit Texas McCombs MBA to learn more about our programs and upcoming events or take a peek into student life on Instagram. For any inquiries, don’t hesitate to reach out to the MBA Admissions Team. We look forward to connecting with you on your journey to success.

Hook ‘Em!

Full-Time MBA Class of 2023 Career Outcomes

Texas McCombs Full-Time MBA Class of 2023 Sets New Records in Employment Outcomes

February 9, 2024 / / Comments Off on Texas McCombs Full-Time MBA Class of 2023 Sets New Records in Employment Outcomes

Students in the Texas McCombs Full-Time MBA Class of 2023 accomplished remarkable success in their post-graduation employment outcomes. Among the 271 students who matriculated in the Full-Time MBA Class of 2023, an impressive 90% received job offers within three months after graduation and 89% accepted these positions, contributing to the attainment of the highest average base salary in school history – $157,735, making a significant 9% increase from the preceding year.

Click here for a detailed overview of the Texas McCombs Class of 2023 Salary Statistics.

This year’s key insights highlight the unique and exceptional achievements of our McCombs MBAs. They secured positions across a spectrum of 12 different industries, showcasing the comprehensive interests and adaptability of our students. The consulting function, in particular, saw a significant uptick, with 44% of our graduates entering full-time careers in this field.  

Moreover, 74% of acceptances were in consulting, financial services, and technology combined. Recognizing the exceptional talent in our McCombs 2023 graduates, 4 out of 5 Fortune 5 companies hired graduates for key positions within their organizations.   

Facilitating this success, the Texas McCombs Career Management and Corporate Relations (CMCR) team plays a pivotal role in preparing students for their job search. The team provides a strategic planning course, coaching appointments with school career consultants and industry experts, and career workshops, among other events and experiential learning opportunities. 80% of graduate offers were obtained through school-facilitated resources, underscoring the strength of McCombs’ career management initiatives.

Specifically, the Strategic Career Planning course equips students with skills needed to compete in various industries, combining theoretical frameworks with practical market insights gained from employer recruiting support. Delivered in year one of the MBA experience, this course aids students in building a strong career foundation. It progresses students through their Career Management Framework, helping MBAs evaluate their priorities, assess the job market, develop a personalized plan, and ultimately launch their overarching career strategy.  

90% Offers Received 3 months after graduation 89% Offers accepted 3 months after graduation

Reflecting the exceptional accomplishments of the Class of 2023, we proudly announce a historic milestone – the highest average salary in school history, reaching $157,735. Additionally, the average signing bonus stands at $32,915, marking a 6% uptick from 2022.  

$157,735 - Average Salary Reported by 177 Students, $32,915 - Average Signing Bonus reported by 140 Students

Examining job acceptances by industry reveals the wide-ranging success of our graduates. A substantial 43% of acceptances were in consulting, 16% in financial services, and 15% in technology. Noteworthy growth was observed in consumer-packaged goods (6%), energy (5%), retail (4%), and manufacturing (4%).  

Acceptances by Industry 43% Consulting, 16% Financial Services, 15% Technology, 6% Consumer-Packaged Goods, 5% Energy, 4% Retail, 4% Manufacturing

We are so thankful to the entire Texas McCombs community of faculty, staff, employers, and alumni who have played a valuable role in helping our MBAs achieve impressive outcomes. The Texas McCombs Full-Time MBA Class of 2023’s journey has been marked by outstanding achievements, industry diversification, and a continued commitment to excellence. As we reflect on these accomplishments, we look forward to witnessing the continued impact our graduates will make in various sectors.  

Visit Texas McCombs MBA to learn more about our programs and upcoming events or take a peek into student life on Instagram. For any inquiries, don’t hesitate to reach out to the MBA Admissions Team. We look forward to connecting with you on your journey to success.

Hook ‘Em!

banner that reads Working Professional MBA Class of 2022 Career Outcomes

Texas McCombs Working Professional MBA Class of 2022 Career Outcomes

January 24, 2024 / / Comments Off on Texas McCombs Working Professional MBA Class of 2022 Career Outcomes

The Texas McCombs Working Professional MBA offers a leading pathway to career advancement or transition without career interruption, according to Class of 2022 employment data. Embarking on a transformative journey, students in the Evening MBA, Weekend MBA at Dallas/Fort Worth, and Weekend MBA at Houston, have not only weathered the challenges of the business landscape during the pandemic but emerged with career outcomes that underscore the program’s commitment to excellence. 

Impressive Salary Outcomes 

The financial rewards of a McCombs MBA are evident in the Class of 2022’s salary average, which falls between $140,000 – $149,000. This figure not only reflects the competitive edge our graduates hold in the job market but also reinforces the program’s return on investment.  

Graduates experienced an average base salary increase of +45%, not including bonuses, a testament to the program’s commitment to advancing the professional and financial goals of its students.  

Elevating Job Roles 

Beyond financial gains, the shift in job roles is equally remarkable. The percentage of graduates in senior or executive-level positions increased from 51% before school to 66% post-graduation. McCombs MBA alumni are not just climbing the corporate ladder; they are reshaping its summit, assuming leadership roles that drive innovation and impact.  

Top Industries of Employment  

The variation of interests within the Class of 2022 is reflected in their industry choices. Among the 140 students who reported their career outcomes, technology emerges as a dominant industry with 29%, followed closely by consulting at 24%. Manufacturing, energy, and financial services also play significant roles, comprising 10%, 10%, and 8% of outcomes, respectively. These results underscore the adaptability and applicability of a Texas McCombs MBA across various industries.  

pie chart that shows the stats above. Technology - 29% Consulting - 24% Manufacturing - 10% Energy - 10% Financial Services - 8%

Behind these outcomes stands the unwavering support of our dedicated career management team, a force recognized by our #1 ranking in Poets&Quants’ Best Career Centers (Poets&Quants, 2019). Committed to guiding each student through their unique career journey, our team employs a tailored approach that encompasses:  

  • Career Advising: Each student receives one-on-one guidance, ensuring their career strategy aligns with their aspirations.  
  • Employer Connections: Building meaningful connections is integral to success. The team facilitates networking events, career fairs, and industry-specific meetups to enhance students’ professional networks. 
  • Specialty Coaching: As part of the Texas McCombs+  program, students have access to communication and specialty coaches – seasoned experts who are ready to work with them one-on-one to refine skills in communication, leadership, strategy, organizational culture, and much more. 
  • Education & Training: Students learn how to successfully transition into a new career or accelerate their current one through our career education courses. Taught by knowledgeable professionals, and with a curriculum custom-built for working professionals, these classes cover a variety of career-related topics—from networking to interviewing to negotiating.  
  • Alumni Network: Following graduation, students join a powerful network of Longhorn alumni that expands throughout Texas and around the world.  

“Our Working Professional MBA Career Education and Coaching team provides our students with an elite and comprehensive journey to explore, prepare and connect with career opportunities that align with their goals. This experience, combined with an interactive and engaging teaching style, includes practical application and allows our students to create their own customized success upon graduation and beyond,” said Stefani Sereboff, Senior Assistant Dean, Career Management & Corporate Relations. “We are committed to creating a McCombs exceptional student experience and supporting careers for life.”

As we celebrate the achievements of the Working Professional MBA Class of 2022, we look forward to witnessing the continued impact of the McCombs MBA on future cohorts. Their success is a testament to the collaborative effort of our outstanding faculty, accessible alumni, dedicated staff, and of course, the incredible students who make the Texas McCombs MBA experience truly exceptional.  

If you have any questions about Texas McCombs, 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 Texas McCombs MBA. 

Good luck and Hook ’em! 

Exploring the Return on Investment of a Texas McCombs MBA.

Maximizing Your Potential: Exploring the ROI of a Texas McCombs MBA

May 9, 2023 / / 1 Comment

This MBA Insider content comes from Christie Jenkins, Senior MBA Recruiting and Admissions Officer, Working Professional MBA.

There’s a saying in undergraduate admissions that a student’s decision on where to go to college ultimately boils down to the 3 P’s: price, proximity, and prestige. I’m not aware of a 3 P’s equivalent for MBA programs, so allow me to invent one. The 3 R’s: Rankings, Recruiting, and ROI.

It’s no secret that future MBA’s are a little more objective and outcomes-focused with this decision than they may have been when choosing a college for undergrad. Undergrad is all about the experience, personal growth, and the journey as well as the destination. Those things certainly matter for your MBA selection too, but with an added emphasis on results and tangible benefits. Objectively, why should someone spend 2 years and $100,000+ on an MBA? What is the value?

RANKINGS

Or maybe this R should be reputation? Either way, Texas McCombs excels at both. U.S. News and World Report ranks our MBA programs as the following:

#6 Working Professional MBA

#14 Executive MBA

#20 Full-Time MBA

It goes without saying that our MBA programs are the best in Texas. Our programs also benefit from The University of Texas at Austin brand. Visit anywhere in the world and someone will be able to tell you about the burnt orange Texas Longhorns, and possibly that “What starts here changes the world.” Simply put, you will never have to explain what UT is all about. People know.

RECRUITING

Employers want to hire Texas McCombs MBAs. We partner with more than 400 employers annually, and the list is always growing. A few of our top recruiting partners who hired 10 or more MBAs last year include Amazon, Dell Technologies, PricewaterhouseCoopers, Boston Consulting Group, and Deloitte Consulting.

Texas has the fastest-growing job market in the country, according to the U.S. Bureau of Labor Statistics, and has been ranked No. 1 Best State for Business for 18 consecutive years. Texas is also home to the most Fortune 500 companies, with more than 135 companies that have relocated their headquarters to Texas since 2020. This list includes AT&T, CBRE, Charles Schwab, Exxon Mobil, Hewlett Packard, Oracle, Tesla, and more. Add in that Texas has no state income tax and a comparatively low cost of living, and you can see why this is a great place to live and work.

Texas stats graphic for the report.

Source: Texas Economic Development & Tourism, Office of the Governor.

To help you land those jobs, you’ll also have unlimited access to career coaching, even after you graduate. Our career coaches can help you refine your brand, prepare for interviews, negotiate your starting salary, and much more. They’ll be there for you as a student and after graduation, as MBA alumni have lifetime access to career resources and coaches.

ROI

For those uninitiated in the MBA lingo, ROI, or Return on Investment, is a way to measure the profitability of an investment. Another way of thinking about this concept is the payback period, or how long it will take for an investment to pay for itself.

According to the GMAC Corporate Recruiters Survey, bachelor’s degree holders from the United States are expected to earn a median of $50,000 annually. The median starting salary for an MBA graduate is $95,000 – and that’s just a graduate of any MBA program!

Source: GMAC Corporate Recruiters Survey – 2022

For a Texas McCombs Full-Time MBA grad, the average starting salary for the Class of 2022 was $145,000. Therefore, the average incoming student can expect a $95,000 pay increase at the time of graduation ($145,000 McCombs MBA salary minus $50,000 bachelor’s degree holder salary). Compare that to the cost of our MBA programs (between $105,100-$149,500) – you’ll see the typical payback period for a McCombs MBA is less than 2 years!

After your McCombs MBA investment has paid for itself, you’ll have a lifetime to reap the rewards. If you are in your 20s or 30s, with an expected retirement age of 65, then you could have 30 or 40 more years ahead of you in your career. Wouldn’t it be nice to make the most of your incoming-earning years? The earlier you start, the more time you have to benefit from your increased post-MBA salary.

 

According to Poets and Quants, the expected lifetime earnings of a McCombs MBA graduate is $6.35 million.

For those who want to see the numbers, here’s your ROI calculation: profit (or gross income minus cost) divided by cost. For a McCombs Full-time MBA, that is $6,350,000 – $105,100 / $105,100, which works out to an ROI of 59.42. Over the course of your lifetime, your MBA will pay for itself more than 59x.

Of course, this barely scratches the surface.

The true value of an MBA can’t be measured in dollars. It includes your personal growth and development, the networking and relationships you will build, the intrinsic value of gaining knowledge and confidence, job security, upward mobility, and much more.

Only you can calculate what an MBA will mean for your future, but hopefully, you are reassured to know that a McCombs MBA makes objective, financial sense in addition to being a great experience.

Ready to get started on your MBA journey? Visit Texas McCombs MBA to learn more about our programs, application components, deadlines, and upcoming events, or take a peek into student life on Instagram. Please reach out to the MBA Admissions Team with any questions.

Full-Time MBA Class of 2022 Achieves Employment Heights, Beats School Record in Average Base Salary

December 6, 2022 / / Comments Off on Full-Time MBA Class of 2022 Achieves Employment Heights, Beats School Record in Average Base Salary

(December 1, 2022) – Austin, Texas – After navigating the past couple of years of disruption and uncertainty from the pandemic, the Texas McCombs Full-Time MBA Class of 2022 achieved strong outcomes, securing an average base salary of $144,564, the highest in school history.

Brittany Tyree, managing director of career education and coaching, attributes these successes to the robust job market and students’ preparedness and engagement with McCombs Career Management and Corporate Relations (CMCR) resources.

The Texas McCombs career management team’s approach to helping students prepare for their job search includes a strategic career planning course, coaching appointments with school career consultants and industry experts, and career workshops, among other events and experiential learning opportunities.

The strategic career planning course, delivered in year one of the MBA experience, aids students in building a strong career foundation. The course progresses students through the Career Management Framework, helping MBAs evaluate their priorities, assess the job market, develop a personalized plan, and ultimately launch into their overarching career strategy.

Of the 241 students who matriculated in the Texas McCombs Class of 2022, 95 percent received a full-time offer within 3 months post-graduation and 93 percent reported accepting the employment offer, the latter consistent with the previous graduating class.

Graph on employment trends

As previously mentioned, the recent graduating class saw an impressive increase in average base salary to $144,564, up 11 percent from 2021. The class also experienced a 10 percent jump in signing bonuses, averaging $31,178.

Average Salaries and Signing Bonuses Chart

Consulting, financial services, and technology industries continue to attract Texas McCombs graduates, in fact, interest and job acceptances in these professional industries grew 10 percent since 2019. Although technology was the top hiring industry (32 percent) among the graduating class, consulting achieved the highest increase in job acceptances (30 percent), a 7 percent increase from the previous year. The financial services (18 percent) and real estate (5 percent) industries followed.

Similar to the previous year, Texas McCombs MBAs continue to remain interested in the consulting function, especially as the market demand for professional services increased. Given the CMCR team’s emphasis on educating students about various career path options, students were also well positioned to secure impactful roles throughout technology.  More specifically, 32 percent accepted employment in technology, securing roles in marketing, sales, operations, finance, and general management. Worth noting, 74 percent of the Class of 2022’s offers were obtained through school-facilitated career resources.

Industry Trends Chart

Overall, there are several players to recognize, who helped prepare our graduating class with the right tools and experiences, allowing them to quickly distinguish themselves. Our connected 100,000 Texas McCombs alumni across the globe whose mentoring and contributions shape their communities. Our recruiters and corporate partners who consistently return to campus to recruit our talent prepared for a lifetime of impact. Lastly, our word-class faculty and talented career consultants for providing a strong support system and customized career development to the Class of 2022.

Click here for an overview of the Texas McCombs Class of 2022 Salary Statistics.

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

Hook ‘em!

photo of woman at a laptop with an orange banner that reads "The MBA Application Building Your Resume"

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!

MBA career management

Meet Your Working Professional and Executive MBA Career Team

April 24, 2019 / / Comments Off on Meet Your Working Professional and Executive MBA Career Team

This Insider insight comes from our Working Professional and Executive MBA Career Team.

Texas McCombs MBA Career resources are truly unmatched among other top business schools. Our Career Management team‘s vision is focused on the future, adapting and growing to meet the needs of tomorrow’s career landscape. And they understand that the MBA career path for our Working Professional and Executive (WPE) MBA student differs from full-time students, dedicating a team of career support specifically for our WPE students in Houston, Dallas/Fort Worth, and Austin (Evening & Executive).

The McCombs Difference

MBA program administrators realized they needed to rethink their approach to career management for part-time students.

“We developed an entirely new career management framework that emphasized students’ strengths and interests and better prepared them not only for OCR (on-campus recruiting), but also for other channels that led to experienced hires and will allow them to continually progress in their careers.” – Joe Stephens, Assistant Dean, Working Professional and Executive MBA programs.

The framework, which can be applied in any phase of a student’s career and is tied to students’ career management curriculum and one-on-one advising, includes a market assessment (self-assessment, career exploration, and network creation); value proposition (your brand and competitive advantage, and elevator pitch); sales tools and channels (resume, LinkedIn profile, interview prep, and network cultivation); and launch (plan execution and offer negotiation).

“This career management framework has served as our WPE team’s vision and mission,” says Janet Huang, Director of MBA Career Management at McCombs. (source: Medium)

Meet the WPE Team

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