Full-Time MBA – Page 3 – Texas McCombs MBA Insider

Category: Full-Time MBA (page 3 of 13)

Banner on top of American flag that reads "Navigating MBA Student Veteran Funding Opportunities"

Navigating MBA Funding Opportunities at Texas McCombs as a Student Veteran

Student veterans bring a unique perspective to the MBA classroom, shaped by their exceptional leadership abilities and experiences gained during military service. Their backgrounds and strategic mindset contribute to dynamic learning environments and deeper discussions. For veterans considering their post-service career paths, pursuing an MBA can be a transformative opportunity to leverage their skills and experiences for professional growth and advancement. Here, we are dedicated to guiding Texas McCombs Military MBAs through this journey and providing the support they need to thrive.

Why Consider an MBA as a Veteran?

There are several compelling reasons for veterans to pursue MBAs:

Complement Leadership Skills: An MBA will expand your business and management competencies to complement the exceptional leadership skills cultivated during military service.
Develop Strategic & Analytical Thinking: MBA programs teach innovative approaches to dissecting problems and developing winning solutions that translate to strategic advantages in any field.
Job Mobility & Acceleration: An MBA credential enhances professional advancement opportunities, whether transitioning into civilian roles or seeking to further a military career. The knowledge gained through an MBA program can lead to new opportunities and accelerate career growth.
Improve Assignment & Promotion Prospects: The MBA credential demonstrates a commitment to continuous learning and personal development, positioning veterans for success in leadership roles.

Is an MBA Worth it for Veterans?

Pursuing an MBA provides veterans with opportunities to transition into business and civilian workplaces. An MBA clarifies career pathways and opens access to management-track positions that an operational background alone may not offer. The MBA also enables veterans to speak the language of business, boosting their value and versatility across industries and sectors.

Can I use VA Education Benefits?

Students admitted to VA SAA-approved programs may choose to use their VA Education Benefits. UT Austin certifies benefit requests for Post-9/11 GI Bill® (Chapter 33), Veteran Readiness and Employment (VR&E Chapter 31), Montgomery GI Bill® (Chapter 30), Survivors’ and Dependents’ Educational Assistance (Chapter 35), and Montgomery GI Bill® Selected Reserve (Chapter 1606) in accordance with VA policies.

The following benefit types do not pay a tuition benefit but will pay a monthly stipend to eligible students: Montgomery GI Bill® (Chapter 30), Survivors’ and Dependents’ Educational Assistance (Chapter 35), and Montgomery GI Bill® Selected Reserve (Chapter 1606).

These benefits cover eligible tuition (based on student eligibility percentage) and may pay a book stipend and Monthly Housing Allowance (MHA) stipend: Post-9/11 GI Bill® (Chapter 33) and Veteran Readiness and Employment (VR&E Chapter 31).

For details on how to request benefit certification visit UT’s Veteran Certification Veteran Education Benefits website.

In addition to requesting benefit certification Executive MBA students: If you are a non–resident or have not yet been classified as a resident, contact the Residency Office (residency@austin.utexas.edu) for questions regarding VA Education Benefits Non-Resident tuition waiver or re-classification to Texas Resident for tuition purposes.

Many top-ranked MBA programs, including Texas McCombs, offer additional financial assistance through scholarships, military tuition waivers, and other funding options. Understanding and maximizing the available benefits can alleviate the financial commitment of pursuing a Texas McCombs MBA.

Monthly Housing Allowance (MHA) stipend considerations: MHA amounts are determined by the VA and vary based on enrollment status. Some months you may have full-time enrollment and full-time MHA. Other months you would have less than full-time enrollment and thus you would receive partial or no payments. It’s essential to understand how enrollment levels may impact MHA payments throughout the academic year.

For example, if you were enrolled in 10 hours over an entire term and you completed 6 of those hours mid-term, the VA may consider you full-time for the first half of the term and pay you MHA accordingly. The VA would consider you less than full-time for the second half of the term (even though UT considers you full-time for the entire semester) and pay or not pay you accordingly.

For more information regarding MHA, please contact UT’s Veteran Certification Team (gibill@austin.utexas.edu; (512) 475-7540).

Out-of-Pocket/Program Waiver Details: The total program cost is itemized by three categories: tuition (generally about 80-85% of the total charges), course materials, and non-tuition fees. For students using Post-9/11 GI Bill® (Chapter 33), the Department of Veterans Affairs will cover your tuition at your percentage of eligibility.

To supplement the VA’s Post-9/11 GI Bill® (Chapter 33) tuition contribution, our program will apply a waiver to your course materials and non-tuition fees at a matching rate. For instance, if you have 100% Post-9/11 GI Bill® (Chapter 33) eligibility, your tuition and expenses will be fully covered, with the exception of your plane ticket to your Global Academic destination, and any optional items you choose to purchase, such as MBA paraphernalia.

Hazlewood Act Exemption and Texas Military Waiver: The Hazlewood Act Exemption does not apply to our Working Professional MBA programs (Evening MBA, Weekend MBA at Dallas/Fort Worth, and Weekend MBA at Houston), but Texas McCombs offers the Texas Military Waiver to eligible veterans, which provides comparable financial assistance toward program costs.

Applications for the Texas Military Waiver will require a Certificate of Eligibility, a DD Form 214, and a notarized affidavit (a sample will be provided to you upon admission). Please submit all items to StudentBilling@mccombs.utexas.edu.

Pursuing an MBA as a veteran offers a transformative opportunity to leverage military skills and experiences for professional growth and advancement. Understanding available benefits, financial assistance programs, and application procedures is crucial for veterans embarking on their MBA journey with Texas McCombs. We remain committed to supporting veterans and active-duty military personnel in achieving their academic and career goals.

For additional assistance or inquiries, please reach out to:

UT Austin Veteran Certification
gibill@austin.utexas.edu
(512) 475-7540

MBA Student Billing
StudentBilling@mccombs.utexas.edu

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 / Texas MBA Admissions / Comments Off

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.

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%).

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.

Hook ‘Em!

Texas McCombs MBA Class of 2025: Celebrating Growth, Unique Voices, and Accessibility

November 14, 2023 / Texas MBA Admissions / Comments Off

(Austin, TX) – Here, at the University of Texas at Austin McCombs School of Business, “You Are What’s Next.” The Class of 2025 exemplifies this spirit, embodying our unwavering commitment to excellence, diversity, and innovation. Their achievements are more than just stories; they form the very fabric of our vibrant Texas McCombs MBA community. These very accomplishments mold our MBA program, which includes students from the Full-Time, Working Professional, and Executive MBA programs across our campuses in Austin, Dallas, and Houston, and cement our position as a top-ranked business school.

With this context, three pivotal highlights define the Texas McCombs MBA Class of 2025 profile:

🏆 Increasing Demand and Growth in Class Size:

The Class of 2025 at Texas McCombs reflects the growing enthusiasm for our programs in Austin, Dallas, and Houston. Applications across the MBA portfolio surged compared to last year, reaching a total exceeding 2,300 applications, and affirming the popularity of our dynamic community and unique learning environments.

Additionally, our class size has expanded by an impressive 9%, now with 509 incoming students. This growth not only underscores our status as a top choice for business education but also confirms the thriving demand for our programs across multiple campuses.

🏆 Unique Voices and Professional Excellence:

The incoming class celebrates a significant milestone: 25% of the class (as a % of U.S. Citizens & Permanent Residents) is composed of underrepresented minority (URM) students, marking a 7%-point increase. This achievement demonstrates our commitment to diversity and inclusivity, a commitment that extends across all our Texas McCombs MBA programs.

This growth isn’t limited to URM representation alone. Women in the class have also seen a substantial increase, rising to 33% (up 4% points), while the proportion of military veterans has grown to 15% (up 3% points) of the class.The importance of these developments cannot be overstated. The unique voices brought by our students enrich our learning environment and strengthen our academic and professional community. As we continue to grow, these perspectives collectively contribute to the excellence that defines the Texas McCombs MBA experience.

🏆 Cultivating Accessibility and Impact:

Texas McCombs actively contributes to the vision of propelling the University of Texas at Austin toward becoming the world’s highest-impact public university. This year, we welcomed more first-generation students, rising to 20% of the class (up 7% points). This increase spans all five of our MBA programs, demonstrating our commitment to providing accessible and impactful education, particularly to aspiring business leaders who are the first in their families to attend college.

It’s essential to recognize the importance of cultivating accessibility to make an MBA from a prestigious school attainable for first-generation college students. This reflects our dedication to fostering a welcoming community while nurturing the future leaders of business, regardless of their background.

Full-Time MBA Class Profile

Applications to the Full-Time MBA program increased, attracting over 1,800 applicants for a class of 241 students. This class brings with them a blend of experiences, with an average age of 29 and a strong average GPA of 3.46. Furthermore, 35% of students identify as female, 8% as LGBTQIA+, and 26% come from international backgrounds, representing 31 countries.

In addition, the class demonstrates strong diversity within the United States, with 35% identifying as U.S. minorities and 18% as URM. Additionally, 14% of students have U.S. military service backgrounds. This year, we welcomed 37 Consortium members, 60 Forte Fellows, and 15 dual-degree students, further enriching the diversity and breadth of experiences within our class.

Working Professional MBA Class Profile

Though unique on their own (see class profiles below), the Working Professional MBA programs at Texas McCombs boast a set of compelling features that collectively define their excellence. With an average age of 31 and a middle 80% range spanning 26 to 37, these programs attract a unique cohort of students, each bringing with them a wealth of professional experience. On average, these students come with 8 years of experience. Impressively, 15% of the cohort possesses military experience, enriching the class with a unique perspective.

Academically, our working professional students maintain a high level of excellence with an average GPA of 3.36. Working Professional and Executive MBA candidates have several options when considering how to complete the standardized test requirement as we accept GMAT, GMAT Focus, GRE, Executive Assessment (EA) score, or a test waiver. The incoming class brings an average GMAT score of 654 and an average GRE at 312.

Executive MBA Class Profile

The Executive MBA program at Texas McCombs comprises 63 accomplished individuals, with 29% female representation. The class includes people of various backgrounds, with 42% identifying as U.S. minorities and 25% as URM, while 21% have backgrounds in U.S. military services. This experienced group boasts an average of 15 years in the workforce. Although standardized test scores aren’t required, the program values various factors, including leadership experience and personal impact, evident through their average 8.5 years of management experience.

Notably, 27% of the class consists of first-generation students, offering unique perspectives. The class represents 21 cities in Texas and 9 states, with a strong presence from technology, healthcare, and energy sectors, enriching the Texas McCombs MBA experience.

The Future of Business Leadership

The Texas McCombs MBA Class of 2025 is not merely a reflection of our program’s excellence, but an embodiment of our vision for the future. The increase in applications and class size, coupled with the growth in underrepresented minorities, women, and military veterans, showcases the program’s appeal and its role as a leader in the ever-competitive MBA landscape. At the same time, we’re proud to note that standardized test scores and GPAs remained strong, ensuring that academic excellence is a hallmark of our program. Additionally, the rise in first-generation students underscores the university’s commitment to making high-quality education accessible to all. With this class, Texas McCombs continues its journey towards becoming the world’s highest-impact public business school. It’s an exciting step toward the future where you, as a vibrant part of our community, will be what’s next in business and beyond. Your journey to excellence begins here.

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!

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 / Texas MBA Admissions / Comments Off

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.

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. 

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 / Texas MBA Admissions / Comments Off

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.

Good luck and Hook ’em!

man on laptop smiling with a banner that reads "Full-Time MBA Application: Optional Interview"

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

July 20, 2023 / Texas MBA Admissions / Comments Off

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.

Good luck and Hook ’em!

Student at a computer writing in a notebook with a banner that reads "Full-Time MBA Application: Letter of Recommendation

Who Should Write Your MBA Recommendation?

July 13, 2023 / Texas McCombs MBA / Comments Off

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.

Good luck and Hook ’em!

photo of a person on a laptop with a banner that reads "Full-Time MBA Application: Essay and Optional Statement

The Full-Time MBA Cover Letter and Optional Statement

June 27, 2023 / Texas MBA Admissions / Comments Off

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!

person at a laptop with a banner that reads "Full-Time MBA Application: Video Assessment"

Getting to Know You Through the Video Assessment

June 21, 2023 / Texas MBA Admissions / 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

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.

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.

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.

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.

Full-Time MBA Application 2023-2024 Updates and Changes

What’s New in the 2023-24
Texas McCombs Full-Time
MBA Application

June 13, 2023 / Texas MBA Admissions / 5 Comments

Texas McCombs is delighted to unveil the 2023-24 Full-Time MBA application deadline and components, featuring significant updates that reflect our dedication to reducing bias, fostering inclusivity, and improving accessibility in the admissions process. We are excited to offer an extended application submission window, including our Round 4 deadline, providing applicants with more time to carefully prepare and submit their materials. Additionally, in recognition of the unique profiles of our applicants, we are expanding our standardized test options to include the GMAT Focus, GMAT, GRE, and Executive Assessment, and ongoing merit-based test waiver.

As part of our commitment to enabling applicants to showcase their unique voices, we are bringing back the video assessment component and introducing an optional peer interview, providing enhanced avenues for self-expression as well as authentic conversation. These updates aim to create an inclusive and welcoming admissions experience, ensuring prospective students have an equal opportunity to shine and contribute to our vibrant community at Texas McCombs.

APPLICATION COMPONENTS FOR THE 2023-2024 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, GMAT Focus, 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
One Written Application Cover Letter
Video Assessment
Optional: Peer Interview

APPLICATION DEADLINES

Applications for the Full-Time 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 10, 2023
Round 2: January 5, 2024
Round 3: March 26, 2024*
Round 4: May 9, 2024

*Final deadline for international applicants.

STANDARDIZED TESTING REQUIREMENTS

To provide MBA candidates with additional flexibility, applicants have more options than ever before when considering how to complete the standardized test requirement in their application. All applicants are required to submit a GMAT, GMAT Focus, GRE, or Executive Assessment (EA) score. We will waive the testing requirement if:

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

Standardized exams like the GRE, GMAT, GMAT Focus, and EA help us to evaluate a candidate’s academic preparedness for the rigor of business school and is also one metric used to compare candidates within a large pool of applicants. However, there are some scenarios where a candidate’s application might shine without the standardized test. Learn more about the criteria required to apply for a general test waiver.

Once the GMAT Focus is launched in late fall, Texas McCombs will accept both the current GMAT test type and the new GMAT Focus test type.

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.

APPLICATION COVER LETTER

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

LIMIT: 500 words

Additionally, and if applicable, applicants can provide an optional statement in the essay section of the application. Applicants should only provide an optional statement if there is something they wish to address about their candidacy that is not addressed elsewhere.

VIDEO ASSESSMENT

Texas McCombs has always been at the forefront of innovation and continuous improvement, consistently seeking new ways to enhance the application process for prospective MBA candidates. In line with our school mission and values, we introduced a dynamic video assessment component as part of the 2022-23 admission cycle, offering an alternative approach to a more traditional essay and interview format. Given all applicants will complete the video assessment, MBA candidates will have increased access to the application process and the opportunity to share their stories with us in their own voice. Through the video assessment, the Admissions Committee will have a chance to experience the “real” you, beyond a resume, test scores, and transcripts. Lastly, the video assessment will enable Texas McCombs to reduce bias in the admissions process by providing all applicants with a structured and consistent assessment experience.

MBA candidates with a submitted application, whose application fee has been paid or waived will be invited to take part in our Texas McCombs Video Assessment. Each applicant will have 7 days from the invitation to complete the assessment. The video assessment is asynchronous and will help the admissions committee evaluate your career goals and the following competencies that are crucial for the fit and success of our students within the program and their future careers:

Adaptability/Resilience

Empathy/Inclusivity

Ambition

Goals

Well-Roundedness

Verbal Communication

Professionalism/Poise

Each video assessment will start with a fun, non-evaluative question that will help the admissions team learn who you are as a person, then applicants will be asked 4 additional questions, for a total of 5 responses, with each response lasting no more than 90 seconds each. Detailed instructions will be provided with the video assessment invitation so you know what to expect, and applicants will have the opportunity to practice as many times as they wish before completing the final video assessment.

This is your time to show us your personality and enthusiasm! We recommend that you prepare for the video assessment similarly to how you might prepare for an interview. Think reflectively about your work experience, strengths, weaknesses, and work on your delivery.

OPTIONAL: PEER INTERVIEW

One of the most vital parts of the MBA application process at Texas McCombs is the human component – “Human-Centered, Future-Focused” is our mantra 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 and complete a short, optional virtual interview. While not required, registering for and completing an interview is highly encouraged.

These interactive virtual sessions present a valuable opportunity for our applicants to connect with Full-Time MBA students, showcasing their collaborative skills, reaffirming their motivation for pursuing an MBA and leaving a lasting positive impression on Texas McCombs.

The optional interview will last 20-30 minutes and are available throughout the round. The student ambassador will introduce themselves and ask you up to 3 questions that focus on collaboration and your motivation. The rest of the time is yours to ask 2-3 questions that are top of mind.

OUR COMMITMENT

These enhancements to our application components exemplify our commitment to a human-centered, future-focused approach. We deeply value each candidate’s individual journey and recognize the potential they bring to our program. Join us at Texas McCombs as we shape a class of talented individuals with various perspectives, pioneering a path toward a brighter and more impactful future in business education.

Learn more about the MBA Application Components.

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.

Good luck and Hook ’em!

Category: Full-Time MBA (page 3 of 13)

Why Consider an MBA as a Veteran?

Is an MBA Worth it for Veterans?

Can I use VA Education Benefits?

For additional assistance or inquiries, please reach out to:

🏆 Increasing Demand and Growth in Class Size:

🏆 Unique Voices and Professional Excellence:

🏆 Cultivating Accessibility and Impact:

Full-Time MBA Class Profile

Working Professional MBA Class Profile

Executive MBA Class Profile

The Future of Business Leadership

Recruiting Scholarships

2nd Year Student Scholarships

Institutional Scholarships

Federal Loans

Private Education Loans

Loans for International Students

Quantity

Quality

Highlighting Your Work Experience

Is an interview required?

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

Can I conduct my interview in-person?

Our Top Interview Tips

MBA Cover Letter

MBA Optional Statement

Our Tips for Writing Your Cover Letter

What is the Admissions Committee looking for?

Tips for a Successful Video Assessment

APPLICATION COMPONENTS FOR THE 2023-2024 ADMISSIONS CYCLE

APPLICATION DEADLINES

STANDARDIZED TESTING REQUIREMENTS

APPLICATION COVER LETTER

VIDEO ASSESSMENT

OPTIONAL: PEER INTERVIEW

OUR COMMITMENT

Search

Recent Posts

Subscribe by Email

Texas McCombs MBA

More Texas McCombs News

The Latest RSS Items

Private Education Loans 

Loans for International Students 