Category: Executive MBA (page 2 of 7)

Executive MBA Test Waiver: Everything you Need to Know

This post was written by the Director of Executive MBA Admissions, Sharon Barrett.

The most common question I get from Executive MBA candidates is definitely:

“How does the test waiver work and do I qualify?”

So here’s the lowdown– First and foremost, the Executive MBA is the only MBA program that accepts applicants’ petitions to waive the requirement for any of the accepted exams: Executive Assessment (EA), GMAT or GRE. (Key words being “applicant” and “petition.”)  And everyone’s case is different, so there’s no recipe to follow, no checklist, and no guarantee that if you do certain things, you’ll get a waiver.

The MBA Admissions committee views each applicants’ petition in the context of their entire application, and renders a decision on the application versus a separate decision on just the waiver.

Here are the areas of consideration when reviewing an application with a petition for a test waiver:

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By the Numbers: Executive MBA Class Profile

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

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

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Scholarships & Financial Aid for Working Professional & Executive MBAs

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

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

#7 Part-Time MBA programs, U.S. News and World Report

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

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Insider Tips for Completing Your MBA Application

If you have reviewed the Texas McCombs MBA application process, you are familiar with the basic steps to applying. Here are some of the steps we’ve highlighted in detail recently:

Of course, the above list does not cover everything. Each application is unique, and you may have a special situation or questions specific to your career goals or background. Our MBA admissions team has put together our Top 5 Most Frequently Asked Questions below.

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Which Part-Time MBA Program is Right for You?

This MBA Insider info comes from Sharon Barrett, Director of Working Professional and Executive MBA Admissions.

If you compare the class profiles of our Executive MBA with our Professional MBAs– Evening MBA, MBA at Dallas/Fort Worth, and MBA at Houston programs– the differences can seem obvious. But there’s actually a broad grey area, where many professionals could fit well into either the Executive MBA or one of our Professional MBAs.

In the end, it’s a very personal decision about where to submit your application. But remember, it’s a two part process. You decide where you belong and the admissions committee agrees on the fit. Here is some advice on how to make an informed choice about which Working Professional MBA program to choose.

Consider Your Level & Years of Work Experience 

Average work experience for the MBA Programs:

Program 80% Range Minimum
Professional MBA 3-10.5 years 2 years
Executive MBA 9-21 years 8 years

While people with the minimum eight years of experience do join the Executive MBA, there are relatively few. Executive MBA candidates become more competitive closer to ten years of work experience. On the other side, Professional MBA candidates must have a minimum of two years of full-time work experience, and candidates get competitive with closer to four years. The admissions committee doesn’t simply count the years but evaluates the level and quality of your work experience– the impact you’ve made in your organization, advancement in your role or responsibilities, and unique accomplishments.

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