Texas McCombs MBA Insider

Category: Full-Time MBA Application Tips (page 2 of 3)

An Admissions Committee’s Recipe for a Strong Application

August 30, 2024 / / Comments Off on An Admissions Committee’s Recipe for a Strong Application

The Texas McCombs MBA is a transformative journey. We recognize that for incoming Full-Time MBA students, putting your career on pause to invest in yourself for almost two years is a big undertaking. Working Professional and Executive MBA students face the unique challenge of balancing the demands of their jobs with the rigors of graduate education, often juggling multiple responsibilities simultaneously. Despite these different paths, one thing remains constant: the dedication required to succeed. That’s why our admissions team works to identify and admit candidates who are not only qualified but also ready to embrace these challenges and thrive in their chosen program. We’re looking for individuals who are prepared to invest in themselves push their boundaries, and emerge as stronger, more capable leaders. 

We evaluate applications based on four key areas – academic aptitude, work experience, and leadership potential, your motivations for choosing Texas McCombs, and the preparedness of your support network. While we carefully consider each of these four categories in our admissions process, it’s important to note that we don’t assign fixed weights to them. Instead, we take a holistic approach, looking at how all elements of your application work together to give us a complete picture of you as an MBA candidate.  

Academic Aptitude

Our MBA program is academically rigorous, and we want to ensure that every admitted student is ready to tackle the challenging curriculum. We assess readiness through your test scores and college transcripts, looking beyond your overall GPA to the rigor of your curriculum and your performance in both quantitative and non-quantitative coursework. Any additional licensures or certifications you’ve earned are also factored into our evaluation of your academic preparedness.  

Here’s a little insider info: The Office of Graduate Admissions recalculates GPAs based on any upper-division undergraduate courses (junior- and senior-level courses) and any graduate courses. For our international applicants, we use your school’s own grading scale to determine academic performance rather than converting it to a 4.0 scale.  

Now, if your GPA and transcripts don’t fully showcase your academic abilities, don’t fret! That’s where standardized test scores come in. We use these scores to gauge your readiness for the curriculum. We offer different options of standardized tests, giving you the flexibility to put your best foot forward.  

Keep in mind that the Admissions Committee is looking at your academics not only to assess your preparation for the rigorous curriculum, but it is also a way to evaluate candidates against a very large and competitive application pool. That said, it’s not the only thing we’re looking at when reviewing applications… 

Work Experience & Leadership Potential

In addition to academic aptitude, the Admissions Committee also evaluates each candidate’s work experience and leadership potential. It’s important that we highlight the word “potential” here; it’s not about how many direct reports you have. There are so many ways to showcase your leadership potential! Here are some impactful ways to showcase your leadership potential:  

  • Leading a Project or Initiative  
  • Mentoring Colleagues  
  • Volunteering in Your Community 
  • Founding a Club or Organization 
  • Implementing Process Improvements 
  • Influencing Decisions without Formal Authority  

Your letter of recommendation will also be a helpful tool for the committee to evaluate your ambition and contributions at work. Make sure you choose a recommender who knows your professional work and leadership abilities and can speak to your areas of improvement.  

While we prioritize someone’s quality of work experience over quantity, McCombs expects all applicants to have at least 2 years of full-time post-bachelor’s work experience by the time they would enroll in the program. Most individuals with less than 2 years of work experience are not competitive with the applicant pool.  

Note: Work experience is calculated from after graduation up until the start of class. This includes all full-time work that you have completed since receiving your bachelor’s degree. This does not need to be business-based and can include teaching, military service, and government experience (programs like the Peace Corps, for example). There are a few exceptions, such as full-time military experience prior to receiving a bachelor’s degree 

Keep in mind that the minimum work experience expectation is for a student’s benefit. We strongly believe our students need at least two years of full-time experience to adequately contribute to their study team and to classroom discussion. In addition, employers who hire our students are expecting to see strong pre-MBA work experience; your work history prior to the MBA program doesn’t magically go away when you’re interviewing for those internships and jobs!  

Motivations for Choosing an MBA from Texas McCombs

This bucket is probably the most common to be overlooked by applicants. So much time is spent preparing their resume and studying for the standardized test that often, an applicant may not take the time and effort to really think introspectively about why they want the MBA, and why they specifically would like to attend Texas McCombs. The Admissions Committee is looking for applicants who have really thought about their goals for the MBA Program – personally and professionally, short-term and long-term. 

The admissions interview, video assessment, and essay prompts provide a unique opportunity to showcase your personality, communication skills, and passion for Texas McCombs. When responding to the prompts, consider the following:  

  • Authenticity: Share your story, experiences, and aspirations candidly.  
  • Program Fit: Explain why McCombs aligns with your goals. Highlight specific courses, faculty, or resources that excite you.  
  • Community Contribution: Discuss how you plan to contribute to the McCombs community. Are there clubs, events, or initiatives that you’re eager to participate in? 

A strong candidate will have a real understanding of our program offerings and strengths. They will have a fairly good idea of post-MBA outcomes (Tip: The employment report is a great start!). They will understand our program’s culture and will want to be a part of it. They also plan to be contributing members of the community at McCombs.

Preparedness from Your Support Network

For a Working Professional and Executive applicant, this is another area of preparation before starting your MBA – managing all the different people and priorities of your life.  

It’s important that your manager or employer is informed about the time commitment your MBA will require so that they can champion you through this two-year journey. Set up a meeting to discuss your career goals, your class schedule and workload, and expectations on managing your work and time off. On the other side, those whom you live with (whether that’s your family, your roommate, etc.) or are in your inner circle should also be well aware of the commitment you are about to take on. Make sure to sit down and have an intentional conversation about why you are pursuing an MBA and what this means to your relationships. 

You can signal your preparedness in your MBA application through your written essays, admission interview, and your video assessment. 

The Secret Sauce and Bringing it All Together

What truly sets apart a standout application is how well you embody the McCombs spirit. We’re looking for individuals who are:  

  • Brave and Pioneering: Ready to push the boundaries and explore new frontiers in business  
  • Innovative and Enterprising: Eager to develop creative solutions to complex problems  
  • Dynamic and Resilient: Adaptable in the face of challenges and setbacks 
  • Open-minded and Collaborative: Willing to learn from and work with unique perspectives  
  • Down-to-earth and Optimistic: Grounded in reality but always looking toward a brighter future 

These qualities form the secret sauce that brings all the ingredients together, creating a truly compelling application.  

Remember, crafting a strong application isn’t about following an exact recipe with precise measurements. It’s about creating a balanced blend that showcases your unique talents, experiences, and aspirations.  

Your authenticity is the final, crucial ingredient. Don’t try to be what you think we want – be the best version of yourself. That’s what truly makes an applicant stand out.  

And, if you’re reapplying to our program, we appreciate your continued interest! Be sure to highlight how you’ve strengthened your application since your last submission.

Our Holistic Review Process

We don’t use a fixed formula or assign specific weights to different components of the Texas McCombs MBA application. Instead, we conduct a holistic review, considering how all elements of your application come together to paint a picture of who you are and what you’ll bring to our MBA community.  

We’re excited to see what unique flavor you’ll bring to the Texas McCombs MBA. So, gather your ingredients, add your personal touch, and show us why you’re the perfect addition to our next class of future business leaders! 

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

Hook ’em! 🤘

2024 MBA Application Open

Texas McCombs MBA Application Open for Fall 2025 Entry: Your Path to Business Leadership Starts Here

August 5, 2024 / / Comments Off on Texas McCombs MBA Application Open for Fall 2025 Entry: Your Path to Business Leadership Starts Here

Are you ready to take the next bold step in your journey? The McCombs School of Business at The University of Texas at Austin is excited to announce that the MBA application for Fall 2025 entry is now open. Whether you’re considering Full-Time, Working Professional, or Executive MBA programs, Texas McCombs offers a transformative learning experience that will prepare you to lead in the dynamic global business landscape.   

PROGRAMS TAILORED TO YOUR NEEDS  

Full-Time MBA: The Full-Time MBA experience allows you to immerse yourself in learning, exploring, and developing meaningful relationships with classmates. You’ll take classes at Rowling Hall on The University of Texas at Austin campus, and the flexible curriculum allows you to specialize in one of 20+ concentrations, 14 of which are STEM-certified.

Working Professional MBA: Our Working Professional MBA programs in Austin (Evening), Dallas/Fort Worth (Weekend), and Houston (Weekend) allow students to earn their MBA without career interruption. The cohort-based curriculum enhances your understanding of core business principles, with electives focused on leadership, technology, and global business coursework.

Executive MBA: The Executive MBA program is offered in-person one weekend each month in Austin, along with three EMBA immersions in major U.S. markets outside of Austin and one week-long Global immersion. The cohort-based, executive-focused curriculum with electives places an emphasis on leadership, strategy, and analytics.

APPLICATION COMPONENTS 

Our application is designed to give us a comprehensive view of your academic background, professional experience, and personal qualities. Here’s what you’ll need to submit:

  1. Test Scores: We accept GMAT, GRE, or Executive Assessment (EA) scores. We also offer a merit-based test waiver for exceptional candidates.
     
  2. English Proficiency Test: International applicants must submit TOEFL or IELTS scores unless eligible for a waiver.
  3. Academic Transcripts: Official undergraduate and graduate (if applicable) transcripts from all colleges and universities attended.
  4. Resume: A detailed account of your professional experience and achievements.
  5. One Professional Recommendation: Preferably from someone who can speak to your professional capabilities and leadership potential. We have a whole blog post on how to select the right recommender for your application! 
  6. Three Essay Prompts: New for this year, these essays give you the chance to share your story, goals, and fit with Texas McCombs.
  7. Video Assessment: An opportunity to showcase your communication skills and personality through recorded responses.
  8. MBA Interview: The interview process varies depending on the program you’re applying to. For Full-Time MBA applicants, we offer an optional interview whereas every Working Professional & Executive MBA candidate is required to complete an interview with a member of the admissions committee.  

 APPLICATION DEADLINES 

We offer multiple rounds to accommodate various schedules and preferences. Remember, applications must be submitted by 11:59 PM Central Time on the deadline date for each round. 

 Full-Time MBA Deadlines: 

Round 1: October 15, 2024 

Round 2: January 15, 2025 

Round 3: April 1, 2025 (Final deadline for international applicants) 

Round 4: May 15, 2025 

 

Working Professional & Executive MBA Deadlines: 

Round 1: October 15, 2024 

Round 2: January 15, 2025 

Round 3: April 1, 2025 

Round 4: May 30, 2025 

WHY TEXAS McCOMBS? 

Choosing Texas McCombs means joining a community known for: 

  1. Academic Excellence: Our rigorous curriculum is designed to challenge and transform you into a strategic business leader.
  2. Expansive Network: Connect with a diverse, talented cohort and join our vast alumni network spanning the globe.
  3. Texas Innovation Powerhouse:  Benefit from Texas’ dynamic business landscape across three key markets: 
    • Austin: Experience the capital city’s thriving tech scene and entrepreneurial spirit.  
    • Dallas/Fort Worth: Immerse yourself in a major commercial and culture hub, home to numerous Fortune 500 companies and a diverse range of industries.  
    • Houston: Engage with a global center for energy, healthcare, and international business, offering unparalleled opportunities for growth and innovation. 
  4. Career Support: Our dedicated career services team will help you navigate your career transition or advancement.
  5. Global Perspective: Through international study, experiential learning opportunities, and a unique student body, you’ll develop a global mindset essential for today’s business world. 

Whether you’re in our Full-Time, Evening, or Executive programs in Austin, or our Weekend MBA programs in Dallas and Houston, you’ll be at the forefront of innovation with immediate opportunities to apply your learning in some of the nation’s most vibrant markets.  

WHAT WE’RE LOOKING FOR  

Our admissions committee takes a holistic approach to evaluating MBA applications, considering academic aptitude, work experience, leadership potential, and your motivations for choosing our program. We’re seeking candidates who are not only academically prepared for our rigorous curriculum but also embody the McCombs spirit: brave and pioneering, innovative and enterprising, dynamic and resilient, open-minded and collaborative, and down-to-earth yet optimistic. Beyond your test scores and GPA, we want to understand your unique journey, your leadership experiences (regardless of title), and your thoughtful, introspective reasons for pursuing an MBA at Texas McCombs. These elements come together to form the “secret sauce” that makes a truly compelling application. 

 READY TO BEGIN YOUR JOURNEY? 

The application for Fall 2025 entry is now open, and we can’t wait to learn more about you. Whether you’re looking to pivot your career, accelerate your professional growth, or prepare for executive leadership, Texas McCombs has a program to help you achieve your goals. 

Visit our website to start your application, explore our programs in-depth, or connect with our admissions team. We’re here to support you every step of the way! Hook ‘em 

Texas McCombs MBA Application: Crafting Your Resume

Showcasing Work Experience in Your MBA Application

July 17, 2024 / / Comments Off on Showcasing Work Experience in Your MBA Application

Your resume is a crucial component of your Texas McCombs MBA application. It’s your opportunity to showcase your professional journey and demonstrate your fit for the program. The MBA Admissions Committee looks for a balance between the quantity and quality of your work experience. 

Keep your MBA resume to about one page, focusing on your most impactful experiences. While full-time roles after your undergraduate degree are typically considered work experience, relevant internships, part-time work, and significant leadership in extracurricular activities can also be valuable. The key is showing how these experiences have prepared you for an MBA. 

When reviewing your application, our committee considers all components holistically. We balance various factors, much like a scale. For your resume specifically, we weigh the quantity of your experience (years worked) against its quality (the depth and impact of your contributions). This balanced approach helps us gain a comprehensive understanding of your professional background and potential fit with our program. 

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 be 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 Officer 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. 

HIGHLIGHTING YOUR WORK EXPERIENCE 

The takeaway 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: 

1. Include Specific Dates: Always list both the month and year for the start and end dates of each position. For example, use “June 2022-August 2024” rather than just “2022-2024.” This level of detail allows us to accurately assess your timeline and understand any gaps in your work history. If there are gaps, don’t worry – you can address these in the optional statement in your application if needed.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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 as you can onto the page. Rather, give your content some space to breathe.

7. 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.

8. Convey Personal Brand: What do you think of when you think of 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, do. 

Your resume is important, but it’s only one data point for you as a candidate. By focusing on both the quantity and quality of your experiences and following these tips, you can create a resume that effectively communicates your professional journey and potential. 

Remember, the goal is not just to list your job duties, but to tell the story of your career progression, achievements, and readiness for an MBA program. Your resume should leave the admissions committee eager to learn more about you through the rest of your application. 

At Texas McCombs, we value candidates who can demonstrate a balance of professional accomplishments, leadership potential, and personal growth. Use your resume to show us how you embody these qualities and how you’re prepared to contribute to and benefit from our dynamic MBA community. With a well-crafted resume, you’re taking a significant step towards making a lasting impression in your MBA application.

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 Texas McCombs MBA.

Texas McCombs MBA Application Updates & Changes 2024-2025

Deep Dive Into the 2024-2025 MBA Application Deadlines and Components

June 21, 2024 / / Comments Off on Deep Dive Into the 2024-2025 MBA Application Deadlines and Components

Application components for the top-ranked Texas McCombs MBA program have been updated for the 2024-2025 cycle with a few exciting new additions alongside the continuation of successful existing offerings. Together, these elements create a robust application experience designed to comprehensively evaluate each candidate’s unique profile and fit for the program. These additions not only provide increased flexibility but also create more opportunities for meaningful self-expression, allowing candidates to put their best foot forward.

  • Refreshed Essay Prompts: The essay section has been refreshed with new essay prompts that provide an invaluable opportunity to showcase different facets of your unique background, goals, and fit for Texas McCombs. These prompts allow you to express yourself authentically and highlight what distinguishes you from other applicants.
  • Expanded Standardized Testing Options: Texas McCombs continues to offer flexibility by accepting the GMAT, GRE, and Executive Assessment (EA). The school also maintains its merit-based test waiver process for exceptional applicants whose academic records and professional achievements demonstrate readiness for the program’s rigor.
  • Avenues for Authentic Self-Expression: We continue to prioritize getting to know applicants as well-rounded individuals beyond just written materials. The video assessment allows you to showcase skills like communication, critical thinking, and professionalism through recorded video responses. The virtual interview with a current MBA student, while optional, allows for a candid conversation and personal connection where you can gain insights into the student experience while demonstrating fit for Texas McCombs culture and values. Both the video assessment and interview component create powerful avenues for self-expression.
  • Extended Application Window: We remain committed to providing flexibility throughout the process. As such, the program is continuing to offer a Round 4 deadline for the 2024-2025 admissions cycle. Prospective full-time students have until May 15, 2025, to submit their materials for Round 4 consideration. Working Professional and Executive candidates The admissions committee understands that applying to top MBA programs requires significant time and effort. By maintaining a later deadline, candidates have increased flexibility to thoughtfully prepare their application materials without being rushed.

APPLICATION COMPONENTS FOR THE 2024-2025 ADMISSIONS CYCLE

Our admissions committee dedicates itself to a meticulous, holistic review of each application. Our objective is to determine if you are a good fit for Texas McCombs and to be sure we are the right school for you and your goals. There are no fixed criteria or weighted portions of the application. Unless otherwise noted, the following application components will be required this cycle:

  • Standardized Test (GMAT, GRE, Executive Assessment) or merit-based waiver
  • English Proficiency Test (TOEFL, IELTS) or waiver (international students only)
  • Undergraduate transcripts and graduate transcripts (if applicable)
  • Resume
  • One Professional Recommendation
  • Three Essay Prompts
  • Video Assessment
  • MBA Interview (Optional for Full-Time MBA applicants)

APPLICATION DEADLINES

Applications for the MBA program are accepted in four rounds, and the program enrolls annually every August. Applications must be submitted by 11:59 PM Central Time on the deadline date for each round.

  • Round 1: October 15, 2024
  • Round 2: January 15, 2025
  • Round 3: April 1, 2025*
  • Full-Time MBA Round 4: May 15, 2025
  • Working Professional MBA Round 4: May 30, 2025

*Final deadline for international applicants.

STANDARDIZED TESTING REQUIREMENTS

Most applicants will need to submit a valid GMAT, GRE, or Executive Assessment (EA) score as part of their application package. These exams help evaluate academic preparedness for the rigor of business school; however, the admissions committee will waive the testing requirement if:

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

For those planning to take the GMAT, GRE, or Executive Assessment, adequate preparation is crucial. These exams evaluate various skills, including quantitative reasoning, verbal abilities, and analytical writing. Investing time and effort into focused studies can undoubtedly boost your performance and increase your chances of earning a competitive score.

Note that the majority of applicants applying to the Full-Time MBA program take either the GMAT or the GRE due to the competitiveness of the pool. In many cases, having a strong GMAT or GRE score will make you more competitive for both admission and scholarship opportunities.

ESSAY PROMPTS

The essay prompts serve as a powerful storytelling tool, allowing you to share narratives and insights that may not be captured elsewhere in your application. The essay section has been refreshed for the 2024-2025 cycle, now featuring three prompts with a 250-word limit for each response. These are purposefully designed to elicit thoughtful and introspective responses that reveal your motivations, values, and aspirations.

As you approach this section, resist the temptation to restate information from your resume or transcripts. Instead, use this opportunity to provide context, share personal anecdotes, and convey your genuine passion for pursuing an MBA at Texas McCombs. Remember, the admissions committee is not merely evaluating your accomplishments but also seeking to understand the person behind the achievements.

VIDEO ASSESSMENT

The video assessment component evaluates your ability to think critically, communicate clearly, and present yourself professionally in a virtual setting – invaluable assets in today’s digital environment.

During the video assessment, you will be prompted to respond to a series of questions within a specified timeframe. While the format may seem daunting initially, it is an excellent opportunity to demonstrate your poise, quick thinkings, and ability to articulate your thoughts coherently under pressure.

Preparation is key to excelling in this component. Practice responding to sample questions, familiarize yourself with the technology, and ensure a distraction-free environment.

MBA INTERVIEW 

The MBA interview serves as the culminating “last dance” in your application journey – a final platform to convey your authentic self and solidify fit before the admissions decision. This candid two-way dialogue with a current student or admissions staff allows you to showcase interpersonal skills, reaffirm motivation, and make a lasting positive impression. More than just answering questions, you can gain an insider’s perspective into the MBA experience while the student ambassador evaluates your potential to collaborate and contribute to the community. Approach this final opportunity present, ask insightful questions, and reinforce why Texas McCombs is the perfect next step in your journey.

Working Professional MBA candidates are required to complete an interview. For Full-Time MBA candidates, the interview is optional.

HOLISTIC REVIEW PROCESS

As you prepare your application, remember that Texas McCombs is dedicated to understanding you as a multidimensional individual. The new components create meaningful opportunities for self-expression that allow your unique story and fit for the program to truly shine through. With thoughtful preparation, you can craft an application that showcases your potential to thrive at Texas McCombs.

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

Best of luck with your application, and Hook ‘em!

photo of a person using a calculator at a desk with a banner that reads "Funding your full-time mba"

Exploring Scholarships
and Loan Options

October 30, 2023 / / Comments Off on Exploring Scholarships
and Loan Options

We understand that pursuing your MBA at a top school is a big investment in your future.  As you explore ways to further your education and accelerate your career trajectory, we invite you to think about defining your own  return on investment (ROI).  Are you looking for a promotion or salary increase?  Or are you searching for a new challenge or a way to align your personal and professional aspirations? It may be all of the above, so define your ROI as you consider an MBA for your academic and professional future.  

Texas McCombs is ranked No. 20 and is one of the most affordable MBA programs compared to the other top 20 programs in U.S. News and World Reports Top 20 Business Schools of 2023. Tuition is $52,550 for Texas Residents and $58,720 for residents out-of-state. 

Bar graph that highlights that Texas McCombs has the most affordable tuition cost compared to the top 20 business schools ranked by U.S. News and World Report, 2023

To make your MBA future more attainable, Texas McCombs 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 facilitate your personal ROI for your MBA.  

Recruiting Scholarships

Texas McCombs offers merit-based recruiting scholarships funded through the generous support of individual donors and corporate supporters. 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.  

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, 77% of Admitted Full-Time MBA students received scholarship offers.  Scholarships range from $2,000 to full-tuition awards.  

For International candidates, 86% of enrolled students received scholarship offers.  

Banner that represents scholarship info: 86% enrolled international students received scholarships; 77% admitted students received scholarships; $21,000 average scholarship amount awarded; $20,000 median scholarship per year.

In tandem with our recruiting scholarships, McCombs partners with Bay Area for McCombs, Consortium for Graduate Study in Management, Teach for America, 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, Full-Time MBA students are invited to apply for a continuing student scholarship for their second year. These awards typically range anywhere from $1,000-$5,000. The 2nd Year Full-Time MBA Scholarship awards are given based on a student’s academic performance, leadership, and involvement during their first year in the program, as well as financial need. 

Institutional Scholarships 

The UT Austin Office of Scholarships and Financial Aid (OSFA) administers institutional endowed scholarships for continuing students.  First-year MBAs may qualify for these scholarships and can begin applying in November of their first year.  Students should 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. You must complete a Free Application for Federal Student Aid (FAFSA) to determine your eligibility. This year, the FAFSA for the 2024-2025  school year will be available in December 2023 with a priority deadline of March 15, 2024. It is recommended you have your FAFSA completed by June 1, 2024. Students who are eligible to complete the FAFSA are U.S. Citizens, Permanent Residents, and other eligible non-citizens. 

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.  

For ethical reasons, the McCombs MBA Financial Aid team cannot recommend any private lenders but will work with all banks and lending institutions once you’ve been approved. If you have any questions about the loan, please contact the lender.   

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, please reach out to the MBA Admissions Team with any questions. 

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 Texas McCombs MBA. 

Good luck and Hook ’em! 

persons hands holding a resume with a banner that reads "Full-Time MBA Application: Preparing Your Resume"

Highlighting Your Work Experience

July 26, 2023 / / Comments Off on Highlighting Your Work Experience

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. 

Highlighting Your Work Experience 

The takeaway 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: 

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. 

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. 

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. 

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. 

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 as you can onto the page. Rather, give your content some space to breathe. 

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. 

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. 

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 Texas McCombs MBA. 

Good luck and Hook ’em!

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Make a Lasting Impression:
The Value of Optional Peer Interviews at Texas McCombs

July 20, 2023 / / Comments Off on Make a Lasting Impression:
The Value of Optional Peer Interviews at Texas McCombs

One of the most vital parts of the MBA application process at Texas McCombs is the human component – “Human-Centered, Future-Focused” is part of our core values for a reason. We pride ourselves in getting to know you at a personal level during the admissions process and will continue to provide hundreds of virtual and in-person ways for you to meet our students, alumni, faculty, and admissions team.

We invite all MBA applicants to close out their application process in a human-centered way through a short, optional peer interview.  

These interactive virtual sessions present a valuable opportunity for our applicants to connect with Full-Time MBA students and leaving a lasting positive impression on Texas McCombs. 

The optional interview will last about 20 minutes and is available throughout the round. The student ambassador will introduce themselves and ask you a few questions. 

We recommend having up to three questions prepared for your student interviewer about the program and student experience. You are also welcome to discuss information about your candidacy that is not addressed elsewhere, as the interviewer can in turn provide this information to the Admissions Committee via a post-interview form.  

Different schools have different interview processes. It’s important to be familiar with how the Texas McCombs MBA program runs the virtual interview experience. Be sure to read all confirmation emails and instructions very carefully.  All optional interviews are conducted virtually by a member of the McCombs Ambassador Committee. 

Roughly a week after the round deadline, you will receive an email with a link to our online platform to allow you to select an interview slot that works with your schedule. There is a deadline to complete your interview, so be sure to schedule it early. Slots will fill quickly! 

Is an interview required? 

No! There are plenty of ways for the admissions committee to get to know you without the optional peer interview. For example, if you have continuously engaged with the McCombs community, feel confident in your video assessment submission, and have no additional questions for a current student, then registering for and attending a virtual interview might not be necessary. On the other hand, if you have not had the chance to get to know us and would like an additional opportunity to convey something that might not be conveyed elsewhere in the application, we might recommend signing up for a peer interview. At the end of the day, the choice is yours. The interview may serve as an additional data point for the committee, but it is not required for admissions consideration. 

Tip: Remember that every interaction you have with a member of the Texas McCombs community is an opportunity to make a positive impression about who you are and your MBA candidacy. From speaking to our receptionist at the MBA Program Office, to meeting an Admissions Officer on the road, all members of our community have an opportunity to provide informal feedback on MBA applicants, so make every connection count. 

Will I know who my peer interviewer is ahead of time?  

Yes. You will be able to select your student host based on their interests and MBA involvement. However, you do not need to limit yourself to scheduling with someone with similar interests; all of our interviewers are current students and will be able to share their experiences with you regardless of background. In addition, some applicants prefer to select a date and time that is most convenient for them rather than search for slots based on shared interests. 

Can I conduct my interview in-person? 

No. All of our peer interviews are virtual to keep all applicants (including those who cannot come to campus) on a level playing field. We do encourage applicants to visit us in-person so you can get to know us, but peer interviews must be conducted virtually (via Zoom).  

Our Top Interview Tips 

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. 

Test your Connection: Peer Interviews require a desktop or laptop computer (no iPhone/iPad) with a functioning webcam, microphone, and internet connection. We recommend connecting directly to your internet for the most reliable internet connection – and make sure you have plenty of charge on your laptop or that you are plugged in!

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 answer for fear of not being given an opportunity later on to address their prepared examples.  Keep your responses concise and keep in mind the short duration of the interview.

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.

Know What We’re Looking For: We listen for confidence, clear and concise communication, and overall genuine enthusiasm.

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 a Texas McCombs MBA, and you can formulate coherent thoughts under pressure.  Here is a list of topics to consider: 

Discuss any aspect of your candidacy that has not already been covered in other application components.

Get to know your host and their experience at Texas McCombs. Ask them questions about their MBA journey and the McCombs community.

Ask for tips and advice on how to best navigate and spend the time between the admission decision and program kick-off.

In the competitive world of MBA applications, Texas McCombs stands out by prioritizing the human component. Our “Human-Centered, Future-Focused” values resonate throughout the entire admissions process, offering you an opportunity to showcase your collaborative skills and reaffirm your motivations for pursuing an MBA. The option of a short peer interview allows you to engage with our current Full-Time MBA students, leaving a lasting positive impression on the Texas McCombs community.   

Whether you choose to participate in the interview or explore other avenues of engagement, keep in mind that every interaction counts and can contribute to your MBA candidacy. We hope you’ll embrace the chance to make a personal impact and take a step closer toward your future at Texas McCombs.  

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 Texas McCombs MBA. 

Good luck and Hook ’em!

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Who Should Write Your MBA Recommendation?

July 13, 2023 / / Comments Off on Who Should Write Your MBA Recommendation?

The Texas McCombs Full-Time MBA application requires one professional letter of recommendation from a person who has supervised your work and/or has assessed your performance during your career.

A recommendation letter is one of the only things you rely on someone else to provide in your application. Circumstances differ for every applicant and deciding who you should ask will vary.  Below are some scenarios to help guide you in choosing the best recommender for your application.

Your Supervisor

Your current direct supervisor is traditionally the best choice. This is likely the person in your network that knows your strengths and weaknesses better than anyone else. However, this may not be a viable option for you.  Perhaps you aren’t able to communicate to your employer that you’re applying to business school or you do not work with your direct boss that closely. It could also be that you attained a new role recently and your current supervisor has not had a chance to work with you very much. Or,  you’re an entrepreneur & don’t have a supervisor.

All of these are valid reasons to look for other recommendation sources, but remember that if you do not ask your current supervisor to write your recommendation letter, we do ask that you explain your choice in the Optional Statement.

Your Former Supervisor

If you cannot ask your current direct supervisor to write your recommendation, maybe you can ask a previous supervisor? Depending on how recently you worked with them, the “old boss” may be the best choice, especially if you had a strong professional relationship with that person. This is also a very common option.

Your Indirect Supervisor

Asking an indirect supervisor can be another option, especially if you’ve worked with this person closely on past assignments or long-term projects.  This is a nice alternative to a supervisor that you may not work with closely.

Your Client or Vendor

This type of recommendation source is especially useful for entrepreneurs or for applicants who work for a family business.

If you work for a family business, it is preferred that you ask an individual outside of your family to write your letter of recommendation.

Your Mentor

Mentors inside or outside of your workplace are great to have in your corner when it comes time to apply to business school. However, be sure that your mentor has a clear understanding of your current professional value, not just your potential or future goals. Select a mentor with whom you have worked with on measurable tasks to ensure that they will provide a recommendation with depth.  Keep in mind that the admissions committee is looking for someone who has worked with you professionally.

Other Options

There are many individuals who may fall in the category of “other recommenders.” For example, a former professor, a colleague, or a coach.

When it comes to these options: use your best judgment. An undergraduate professor may not be the best person to address some of the questions posed on the recommendation form and we’re looking mainly at your post-undergraduate work experience.  Direct reports should never submit a letter of recommendation on behalf of their boss, so steer clear of that scenario. And don’t focus only on title– the CEO of a large company may sound like an impressive recommendation, but unless they work with you closely, the recommendation letter will likely fall short of delivering on the information that the admissions committee is looking for.

You’ve chosen a recommender. What’s next?

First, before asking your recommender to take this on, keep in mind that they are likely a busy individual – be sure to give them plenty of notice prior to an approaching application deadline.

Secondly, give them a heads-up about your request. You don’t want to blindly email someone and ask them to write something for you without having a conversation. Sometimes it’s good to revisit certain projects you worked on with them. Most importantly, explain to your recommender why you’re pursuing an MBA. Giving them some context behind your ask will go a long way and will likely result in a stronger letter.

Finally, make sure you give them all the info on the recommendation before you ask.  Texas McCombs uses the GMAC Common Letter of Recommendation.  Your recommender will be asked to assess specific competencies and traits, as well as answer three explicit questions.  While there will be other programs using this form,  some schools will ask a series of different questions.  If you’re applying to more than one MBA, you may be asking your recommender to fill out and separately submit different forms.

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 Texas McCombs MBA. 

Good luck and Hook ’em!

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The Full-Time MBA Cover Letter and Optional Statement

June 27, 2023 / / Comments Off on The Full-Time MBA Cover Letter and Optional Statement

MBA Cover Letter

The application cover letter is a critical means of learning who you are as an applicant and assessing your communication and writing skills. Here is the prompt to help guide you in writing the application cover letter:

Please write an application cover letter summarizing your aspirations, qualifications, personal and professional experiences that make you a strong candidate for the Texas Full-Time MBA program. (max 500)

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 the MBA Admissions Committee in considering your application. (e.g. gaps in work experience, choice of recommender, academic performance, or extenuating personal circumstances) (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 of their profile deserves more explanation should submit an optional statement. This section of the application is not to designed for you to tell us more about your extracurricular activities or expand upon the essay prompt. 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. Your resume and the video assessment are better forums for these additional details. Optional statements should focus on filling gaps or answering questions we are likely to have about you. 

Our Tips for Writing Your Cover Letter

  • 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. We actually want your submission to be in cover letter form! Approach this as you would drafting a cover letter for a job – who are you, why do you want to come to McCombs, and how will you contribute to the program?
  • Be honest. The cover letter is a way to learn more about you. Our community values authenticity and we look for submissions that reflect your authentic self.
  • Have someone you trust read over your cover letter. 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 written portions of our application give you some ideas to think about and some points to revisit as you write (and rewrite) your cover letter. Good luck, and happy applying!

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 Texas McCombs MBA. 

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Getting to Know You Through the Video Assessment

June 21, 2023 / / 1 Comment

Shortly after you submit your MBA application and your application fee is paid or waived, you will receive an invitation to complete the Texas McCombs MBA Video Assessment! All applicants have 7 days to complete the assessment upon receiving access to the video submission platform. The Video Assessment has 5  question prompts and will take approximately 20 minutes to complete.  The first question will be viewed by the Admissions Committee but will not be evaluated for a score. Applicants will be allowed to practice before submitting their Video Assessment and will have no more than 90 seconds to answer each prompt.  

What is the Admissions Committee looking for? 

This application requirement helps the Admissions Committee better understand who you are in your own voice and allows us to assess your communication skills. Within the video assessment we are evaluating the following competencies, important for every Texas McCombs MBA student: 

Adaptability / Resilience
We are looking for applicants that demonstrate adaptability and resilience through their positive mindset and ability to navigate unexpected circumstances and change. Successful applicants see failure as a learning experience and an opportunity to grow, demonstrated by their coachability and openness to feedback. 

Motivation
The Admissions Committee is looking for  a genuine interest in pursuing an MBA and a clear understanding of how it will help to achieve their professional goals. Applicants should understand why Texas McCombs is the right place to pursue their studies and show enthusiasm for their goals and our MBA program.

Empathy/Inclusivity
Texas McCombs MBA students demonstrate empathy by understanding others’ perspectives. The Admissions Committee is looking for candidates that advocate for under-represented voices and navigate difficult conversations/situations appropriately. Successful applicants embrace and work within diverse teams.

Ambition
The Admissions Committee is looking for candidates that demonstrate ambition and have the ability to deliver results. They show potential to strategically synthesize information to solve complex problems at a high level. They utilize an enterprising and tenacious approach to problem-solving and are intellectually curious. 

Goals
A strong applicant puts significant thought and consideration into their decision-making in applying for this program. They have a long-term vision of how they plan to achieve their goals. 

Well-Roundedness 
We are looking for applicants that are able to explain what drives them outside of work and career. They are well-rounded and display interests and passions in their personal life. Their personality is shaped by various hobbies or interests. 

Verbal Communication
The Admissions Committee is looking for candidates that are excellent verbal communicators. They are proficient and skilled in speaking and presenting in the English language, and they can articulate their thoughts clearly. Strong applicants are engaging, and they can think on their feet. 

Professionalism/Poise
Strong applicants display maturity, poise, answers questions, and conduct themselves in a professional manner. They present themselves professionally and can conduct themselves appropriately in a business setting. 

Tips for a Successful Video Assessment

  1. Practice: You will have the ability to practice responding to test questions for as long as you wish. Take advantage of the opportunity! The more you practice, the more comfortable you’ll be with the technology when answering the real prompts.  
  1. Test Technology: Virtual Assessments are conducted through the Kira platform. It will require a desktop or laptop computer (no iphones/ipads) with a functioning webcam, microphone, and internet connection. We recommend connecting directly to your internet for the most reliable internet connection – and make sure you have plenty of charge on your laptop or that you are plugged in! Most browsers are compatible (Chrome, Firefox, Edge, Opera) but the platform will not work well on Safari.  
  1. Pace Yourself: A big reason that we limit responses to three minutes is because it is GREAT practice for your MBA experience.  Keeping responses concise, yet clear, is important when recruiting for U.S.-based jobs. However, make sure you are answering the question in full! Those practice questions will be a great way to gauge what three minutes actually feels like when responding to a question. 
  1. Be Professional, but Loosen Up: 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. 

Here’s our final piece of advice: The video assessment is your official opportunity to share your story, provide examples, and tell us why you chose McCombs in your own voice 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 Texas McCombs MBA. 

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