Texas McCombs MBA Insider

Insider Information for Prospective Texas McCombs MBA Students

Category: Full-Time MBA (page 9 of 14)

Your MBA Return on Investment

 

Pursuing an MBA is a significant commitment of time and financial resources. At Texas McCombs, we understand that finding the best return on your MBA investment (ROI) is a priority. We are proud to have been consistently named a “Best Value” among Top 20 MBA programs!

In addition to (McCombs) having the lowest tuition and fees out of the top 20 schools for the last two years, McCombs’ grads had the largest gap between how much students made after graduation and how much they owed." U.S. News, 2017

As you evaluate the ROI for business schools you are considering, remember that the benefits of a top-ranked MBA go way beyond the potential for a higher salary.  Growing your professional network, and the expansion of knowledge and skills should also play a role in evaluating  ROI.

 

Expand Your Network

Texas McCombs is a globally recognized brand. When you join the program, you gain priceless membership in a lifelong alumni network that will continue to support and accelerate your career. Our alumni take great pride in giving back to this campus by helping mentor, support – and often hire – Texas McCombs students. Being a UT Austin alumni connects you to the most innovative leaders, thinkers, and doers around the world. You are a Longhorn for life.

The Texas McCombs and UT Austin Network

500,000+ UT Alumni
25,000+ MBA Alumni
100,000+ McCombs Alumni
30+ McCombs Alumni Chapters

 

The Numbers

Of course tuition and living costs are also considered in your ROI. Your individual considerations will vary when it comes to funding your MBA, but it’s always good to note current estimated tuition for the year you plan to start the program, cost of living, and any anticipated scholarships or financial aid.

Texas McCombs MBA Tuition

Current estimated annual tuition rate for the Full-Time MBA is $51,020 for Texas residents and $56,572 for non-Texas residents.

Texas McCombs MBA compares favorably against the national averages of $60,000 & $65,000, respectively, charged by other top 20 MBA programs at public universities. And the average annual tuition rate for private institutions in the top 10 is $72,485.

On average, 40-45% of admitted Texas McCombs Full-time MBA students receive scholarship offers.

Cost of Living in Austin

The cost of living in Austin is less than in many major cities. What costs $1 here is:
$1.56 in New York,
$1.43 in San Francisco,
$1.32 in Boston,
$1.30 in Los Angeles,
$1.29 in Seattle, and
$1.18 in Chicago

Texas consistently ranks as one of the nation’s most favorable business climates. Read more about the cost of living here.

 

Knowledge & Skills

While most graduate programs narrow your subject matter expertise through extensive research activities on a specific topic, an MBA curriculum allows you to learn about a variety of industries and business functions resulting in increased flexibility in potential career paths.

Texas McCombs is currently ranked in the top 3 for Business Analytics, Marketing and Accounting– we are consistently no. 1 for Accounting.  The MBA also offers a new “Leading for Impact” curriculum component to provide focused individual assessment & leadership coaching within your MBA.


The value of your graduate degree is measured in more than dollars and cents. If you have any questions about the opportunities offered at Texas McCombs or how your goals may fit with our program, please reach out to us.

Student Spotlight: Guilherme Junqueira, Full-Time MBA Class of 2020

Headshot for Guilherme Junqueira

Guilherme Junqueira, MBA Class of 2020

Our Full-Time Class of 2020 is composed of 284 impressive MBAs from all over the world.  Students from outside the U.S. are a valuable part of the Texas McCombs network, bringing their individual perspective and cultural background to Austin. 24% of our 2020 Full-Time MBAs are international students.

We recently caught up with MBA ’20 Guilherme Junqueira, a student originally from Sao Jose do Rio Preto, Brazil. His journey to Texas McCombs offers insight to future international students wanting to earn their MBA here.

Guilherme’s “Why McCombs?”

Guilherme lived in Sao Paulo for nine years where he attended university to study Business Administration with a concentration in Marketing. Before coming to Austin for his MBA, Guilherme worked at Oxiteno as a Lead Product Management Analyst.  

When applying to graduate school, Guilherme researched different schools and their admission process online and attended events in Sao Paulo. He expanded his research after taking the GMAT by attending Texas McCombs MBA events, and speaking with current students and alumni via phone calls and emails.

“I wanted to join a top MBA program located in a small to mid-size city and with a small class; these were important factors because I wanted to develop close connections with my classmates in a more focused program environment. After submitting my applications, I came to the U.S. to visit five schools that I had applied to; this definitely was the best way to confirm that McCombs was the best fit for me.”

He attended business school events in Sao Paulo and multi-school events such as the MBA Tour. For him, events offered clarity to understand the similarities and differences of each program. After being admitted, he attended company-sponsored pre-MBA events in both Brazil and the United States. The A.T. Kearney Bootcamp helped confirm and narrow his career priorities post-MBA. He found that he enjoyed participating in national career fairs, such as Prospanica, in career treks and entrepreneurship events.

Continue reading

Discover McCombs: Women’s Weekend 2018

On November 9 & 10, Texas McCombs hosted 56 future women MBAs on campus and around Austin for our Discover McCombs: Women’s Weekend– an unbeatable firsthand experience for anyone considering a Texas McCombs MBA. Attendees networked, explored Rowling Hall, heard an overview of program curriculum & career resources, and learned about the UT Austin community. We always look forward to this weekend of programming committed to the empowerment of women in higher education and business, and this year we were joined by current students, MBA faculty & staff, and recent alumnae to share their #WhyMcCombs.

Exploring Austin: Kendra Scott

The Welcome Reception on Friday evening was held at the Kendra Scott Home Office in central Austin, a beautiful new space indicative of Austin’s vibrant community of unique, innovative entrepreneurs.

Continue reading

Diversity & Inclusion at Texas McCombs

This post was written by Jaden Felix, Senior Admissions Officer for the Full-Time MBA.

Within the MBA program at Texas McCombs, we seek out thoughtful and talented students who want to lead in ways that positively shape organizations and society. Each student’s knowledge, skills, and talents are leveraged to create a dynamic learning experience that emphasizes collaboration, authenticity, and exploration. You can see this in action within study groups, cohorts, community conversations, and in how we design our courses. Global acumen, an understanding of diversity, and how to create a culture of inclusion are important components of the learning experience. The Texas McCombs MBA community strives to create a welcoming environment where all students can clearly see themselves.

The ability to succeed in business is no longer focused just on managing the diversity of teams, but on leveraging different perspectives and celebrating them. Our Associate Dean of Diversity and Inclusion, Raji Srinivasan, is leading school-wide efforts in this arena, and all departments and programs are working toward defining and sharing  what Diversity and Inclusion means to us to set strategic goals that will uphold our commitment to D&I in higher education and business.
Continue reading

The Non-Traditional MBA Candidate

The following was written by Samantha Frapart, Texas McCombs MBA ’17, and originally posted in June of 2017. 

I thought I couldn’t get into business school. With my double-major in English and Ecology, five years in non-profits, and my natural aversion to words like “Nasdaq” and “synergy,” how could I convince admissions teams that I belonged in their MBA programs? Well, after graduating from McCombs in May of 2017, I’m here to happily debunk one of the greatest myths of business school: The non-traditional candidate.

Contrary to popular belief, business programs aren’t looking for human calculators. They are looking for students eager to foster strong teams, willing to negotiate & compromise, and ready to share diverse perspectives. In management classes, I was able to add a unique viewpoint to discussions on anything from government regulations to corporate social responsibility. Though I looked to my study-team for help with my finance homework, I was able to offer equally important business lessons like proper brief-structure and design thinking.

We all have something to offer, it’s just a matter of figuring out what that is and letting it shine through.

Though I assure you “non-traditional” is a thing of the past, I know this process can feel daunting. So with the Full-Time MBA application currently open for the next class, I’d like to share some helpful tips from my experience (before and during business school) in hopes that it might ease your worries about applying and prepare you for the fantastic two years ahead.

Continue reading

Meet the CGSM Class of 2020!

Each year, our MBA Admissions Committee is guided by the belief that success is only possible through a diverse set of perspectives and backgrounds in our classes. One of the ways we work to achieve this, is by partnering with organizations that connect top business schools with MBA candidates, companies, and community leaders that share our commitment to providing access to education and a welcoming, supportive business environment.

Consortium Logo

One of Texas McCombs’ longstanding partnerships is with the Consortium for Graduate Study in Management  (CGSM). The Consortium is an alliance of some of the world’s leading graduate business schools and corporate partners, with the mission of enhancing diversity and inclusion in global business education and leadership. Texas McCombs has been a member of the Consortium since 1984, and each year the MBA program participates in CGSM events across the country to recruit candidates who share this mission.

This year, we welcomed our largest CGSM class ever! As a CGSM student, the first step in the MBA journey is the Consortium Orientation Program (also known as OP). The OP gives students from all of the Consortium member schools the opportunity to interact with each other, attend panels and workshops for personal and professional development, and to network and interview with corporate partners. It’s also a bonding experience for the incoming class, where they begin to form new friendships and support one another as they prepare for the start of the MBA school year.

Texas McCombs MBA students at the Consortium OP event

Texas McCombs MBA students at 2018 Consortium OP in Orlando, Florida

The Class of 2020 includes 39 outstanding Consortium MBA students from all over the U.S. and we are excited to see what they will accomplish during their two years at Texas McCombs. Four new CGSM students  – Bryant Buraruk, Alexandria Moragne, Damon Reynolds, and Jackie Rojas – share their experience below, as well as their advice for future Texas McCombs MBAs interested in applying through the Consortium.

Continue reading

Student Spotlight: Pallavi Nair, Full-Time MBA Class of 2020

We have the privilege of welcoming Forté Foundation members into our MBA program each fall. The Forté Foundation is a non-profit consortium of top companies and business schools, working to launch women into successful careers through access to education, opportunities, and a supportive network.  Texas McCombs has been a proud Forté partner since it was founded in 2001, and the MBA program participates in Forté events across the country every year.

We recently caught up with a new MBA and Forté Fellow who hadn’t always planned to pursue an MBA, but quickly realized how the Texas McCombs MBA program could help to reach her goals and foster her passion for advocating for women in business. Meet Pallavi Nair!

Class of 2020 MBA, Pallavi Nair

Hook ’em! Class of 2020 MBA, Pallavi Nair

Tell us about your background– the education, volunteer or work experience that led you to want to pursue your MBA?

My hometown is Rancho Santa Margarita, CA, and I have a chemical engineering background. I think what drew me most to engineering is the drive to fix problems and build solutions. After my undergraduate degree, I worked as a product development engineer at PepsiCo R&D, continuing to use this passion to drive new innovation for brands such as Doritos. At some point it became clear to me that while I loved engineering, I was also fascinated by the strategy behind how we innovated. What were the emerging market trends that were actually worth pursuing? How should we leverage the company’s global resources effectively while keeping our regional consumers in mind? I knew about unlocking new technologies, but how did we decide which technologies were worth unlocking? These questions made me realize that I would love to earn my MBA and spend time delving into these topics through hands-on learning experiences and interactions with not only great professors, but classmates who have experience in a variety of business-related fields. I want to keep creating solutions over the next two years and beyond, and can’t wait to start applying the knowledge I gain through my MBA to my problem-solving approach!

What was the application process like for you? Why did you choose Texas McCombs?

I think my application process was a little different than most. I did not decide until early fall that I was ready to apply to b-school; I was very happy at my current job and an MBA was not necessarily a checklist item to further my current career path. Instead, it was the realization of what truly interested me and what I hoped to learn that drove me to apply. I selected the programs I applied to very carefully, based mostly on reputation, location and program structure, and visited each of the campuses. What struck me the most about McCombs as compared to the other schools was the culture. It’s something people mention a lot, but experiencing it in person really makes a difference! I truly felt the McCombs “win-as-one” culture was very evident. The student body truly felt like a family, and the environment felt comfortable and inclusive without sacrificing motivation and a drive for success. I was also extremely humbled when I found out I had been selected as a Forté Fellow by McCombs in my offer of admittance. The desire to drive positive change for gender equality in the workplace was something I had brought up passionately in my application process, and I was very happy to know that the school saw me as a fit representative for Texas McCombs in this arena.

Continue reading

First Look: Full-Time MBA Class of 2020

Over the 2017-2018 admissions season,  the Full-Time MBA at Texas McCombs received more than 2,000 applications from around the world. Helping create a motivated, diverse class tailored for individual successes that contribute to society in positive ways is what inspires our MBA admissions committee every day.

Each MBA class is the result of relationships built between MBA candidates and the Texas McCombs community through connecting with MBA admissions, attending MBA events, completing our application and visiting our campus at UT Austin, one of the most prestigious public universities in the world, in the heart of welcoming, vibrant Austin Texas.

We are looking forward to the next class of Texas McCombs MBA students this fall! Get a sneak peak at our Full-Time Class of 2020 below.

Class of 2020 MBA stats; 62% male, 38% female, 289 students, average age 28, average work experience 5.6 years, average GMAT 703, average GPA 3.49; 25% international students

Continue reading

MBA London Exchange: Five Lessons Learned

The following was written by Stephanie Hobart, Texas McCombs MBA ’18. 

London is a city known for its chilly, cloudy weather, warm pints of beer, and public transit via the the London Underground. As a city, it’s almost the complete opposite of Austin, where I chose to pursue my full-time MBA degree. So why would I go to London to spend my exchange semester at London Business School?

The Texas McCombs MBA highlights the need to think globally in business today and then provides an opportunity to explore another corner of the globe on an exchange program. I chose London Business School for my exchange program because I wanted the opportunity to not only live in one of the most diverse cities in the world, but also participate in an MBA program that has an almost 90% international student population. Regardless of language or familiarity with a city, moving to a new location can always be a challenge.

Author, Stephanie Hobart and Daniel Katz, McCombs MBA students on exchange at LBS.

Me and Daniel Katz, both McCombs MBA students on exchange at LBS on our last day of class!

Three semesters of business school prepared me for meeting large groups of new people, engaging in classroom and networking conversations, and the change of scenery from Austin to London provided me the chance to learn about life in a European MBA program in one of the most dynamic cities in the world.

Five London Lessons Learned

Continue reading

Crossing all the T’s in your MBA Application

This MBA Insider info comes from the Texas McCombs MBA Admissions Team.

We know you want to put forth the best application you can when you apply to any Texas McCombs MBA program. And we’ve covered many components of the application in the past, including the resume, letter of recommendation, essays, and test scores (as well as some tips for interviewing if you are selected). But some components of the application that might be viewed as procedural are just as important, and if not addressed properly, they can delay processing, which can in turn delay your decision.

When you apply to a Texas McCombs MBA program, you’re actually applying to two separate entities at the same time. One is the McCombs School of Business; the other is the Graduate School of the University of Texas at Austin (which we’ll call GIAC, for the Graduate and International Admissions Center).

Three key components of the application are required by GIAC before it will be considered complete, and GIAC does not allow McCombs to issue a decision until these three elements are completed.

Continue reading

Older posts Newer posts
Skip to toolbar