Texas McCombs MBA Insider

Category: MBA Insight (page 8 of 25)

Executive MBA New York City Immersion: Changing for the Best

January 10, 2022 / / Comments Off on Executive MBA New York City Immersion: Changing for the Best

Each semester the Executive MBA program hosts an off-campus, Immersion class weekend, to provide opportunities for in-depth experiential learning. The first Executive MBA Immersion took place in New York City in November 2021, and the remaining Immersions for the EMBA Class of 2023 are currently planned for Dallas, Washington DC, and the Austin-area Hill Country. Each is linked to course content and includes executive/company visits, alumni networking, cultural experiences, and time to network and bond with classmates. Immersions provide real-time, real-place exposure, and direct application to what Executive MBA students are learning in the classroom. Read more about the Executive MBA Immersions here.

The MBA Insider content below comes from Lexy Scheen, EMBA ’23. She writes about her experience during the inaugural Executive MBA Immersion weekend in New York City.

One definition of immersion is “deep mental involvement.” There really is no better description of the 3-days our Executive MBA cohort spent together in New York City.

The learning theme of the weekend was “Leading Planned Change.” Fitting, as I believe my classmates will agree that we have all changed so much in the three short months we’ve been together.

A jam-packed first day began with a Veteran’s Day celebration. We honored the four veterans in our group and visited The Intrepid Sea, Air, and Space Museum Complex.

students standing in front of the Intrepid ship

A change simulation took place Thursday afternoon. Led by Dr. Luis Martins, our study groups had spirited discussions around best practices for implementing company transitions. We ended the day with the privilege of meeting and hearing from an incredible panel of top corporate executives across many industries. Many of our speakers were former longhorns and were in our Executive MBA shoes not too many years prior. They are proof that hard work, dedication, and being just crazy enough to go back to school while balancing full-time careers, and families pays off in the end.

Students working at a table

Executive MBA students work in teams to compete in a change management simulation hosted by Professor Luis Martins as part of their Leading People and Organizations course, held during their first immersive experience in New York City at the American Management Association, Thurs Nov 11th.

Despite many Executive MBA ’23 songbirds karaoke-ing until the wee hours, the group rallied for the portion of the agenda we likely dreaded the most; improv class. But, as with most things in life we stress over, improv class turned out to be a huge hit and a major topic of discussion for the remainder of the weekend. It reminded us of the art of listening, which came in handy as our speaker series continued into Friday afternoon. Professor Steve Limberg brought financial reporting to life through discussions with Blue Apron and Moody’s.

students in a circle with their hands in the air

Executive MBA students developing communication skills while engaging in Improv for Business Leaders during their Executive Seminar course, led by Professor Angie McDermott and co-led by the Executive MBA Career Management Team Sarita Soldz and Alma Moore.

Saturday morning, we turned to a conversation with Paul Levy. Levy’s impressive transformation of Beth Israel Deaconess Medical Center is a case we have been studying all semester. The access to such a profound list of leaders is a tribute to the dedication of the McCombs faculty who are ingrained in these experiences with us.

TK

Executive MBA students after speaking with distinguished guest Paul Levy hosted at UTNY Campus as part of their Leading People and Organizations course led by Professor Luis Martins on Saturday, Nov 13th.

Early in the year, we learned from Professor Angie McDermott that, “what got us here won’t get us there.” This immersion drove that point home. To be effective and engaging leaders, we must be honest, transparent, and collaborative. Luckily, it’s become clear those three attributes are stamped into the DNA of this amazing group of individuals. In three short months, we’ve helped each other through business problems and trusted each other with very personal conversations. We’ve enjoyed the social side just as much as the classroom through dinners, happy hours, and Broadway show nights. This is a special group. Everyone has a seat at each other’s table.

I am honored to be part of the EMBA ’23 cohort, grateful to learn alongside them, and eager to see how much transformation takes place over the next eighteen months.

The UT motto is “What Happens Here Changes the World,” and what happened in New York City changed us all into better leaders, and people.

Hook ‘em!
Lexy Scheen, EMBA ’23

Learn more about the Texas McCombs Executive MBA on our website, and contact us with any questions at TexasEMBA@mccombs.utexas.edu. Sign up to receive Executive MBA news here, and register for an Executive MBA event to meet admissions and program staff, current students, and alumni.

The Executive MBA program application is open for Fall 2022 enrollment. The next deadline is February 15, 2022, and the final deadline to apply is June 15, 2022.

The working professional & executive mba application: essay writing tips

Working Professional and Executive MBA Essay Questions

October 19, 2021 / / Comments Off on Working Professional and Executive MBA Essay Questions

The essays in your MBA application are an important part of sharing your unique story. The most successful essays thoughtfully address the prompts, clearly communicate why you want to attend Texas McCombs, and authentically share who you are. We’ve shared some tips below to aid you in submitting a strong set of essays.

Texas McCombs MBA Essay 1

We will learn a lot about your professional background through your resume and letter of recommendation, but we want to get to know you further. Please introduce yourself. Select only one communication method for your response

a. Write an essay (250 words)
b. Share a video introduction (one minute in length)

First, this prompt is purposely open-ended. It grants you the freedom to introduce yourself in a way that is genuinely “you.” Think about what gives you energy and recharges you. When you first meet someone, what’s your personal elevator pitch? How does it share your values? Give us a well-rounded mix of information in this essay so we can better understand you beyond your work life.

Don’t forget about the first sentence of the prompt: “We will learn a lot about your professional background through your resume and letter of recommendation.” The admissions committee already read your resume, letter of recommendation, education history, and goals. While your professional life is important, this essay is your opportunity to share who you are outside of those components.

Finally, the choice is yours: written essay or video. We have seen significant success with both mediums and do not have a preference for one over the other. Therefore, play to your strengths! If your skill is in writing, focus on the essay. If you’re not shy in front of a camera, then record a video. However, if you do submit a video, keep in mind that sending us a photo slideshow isn’t advisable. These slideshow submissions don’t grant the admissions committee the chance to actually see and hear from you, which is really what we are looking for in a video submission. Have fun with either submission and do not take this essay for granted— it can go a long way in setting the stage for your MBA application and creating another great impression.

Texas McCombs MBA Essay 2

Describe how the Texas McCombs MBA will help you realize your professional aspirations, and the unique knowledge and experiences you have to share with your classmates. (500 words)

Essay Two provides an opportunity to explain why you’re applying to Texas McCombs.

By answering the first part of the prompt, we will understand why the Texas McCombs MBA, your career plan, and discover how you want to develop yourself both in and out of the classroom. What classes, organizations, and experiential opportunities specifically relate to your career plan? Connect the dots between your goals and how McCombs will get you there.

By answering the second part of the prompt, we will learn what you will bring to the program.  How do you envision yourself becoming an active member of our community? What personal and professional attributes and experiences will you be sharing with your classmates?

Make sure to give us specifics. If you’ve engaged with the program, you know there is a lot to look forward to: challenging classes, organizations, student/alumni networking, award-winning professors, unique career-oriented opportunities…the list goes on. Illustrate what attributes of the program you plan to take full advantage of and how you plan to make a positive impact while you are a student. What will be your MBA legacy? Convince us that you are indispensable to our community.

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 MBA Admissions in considering your application (e.g. gaps in work experience, choice of recommender, academic performance, or extenuating personal circumstances). If living outside of the metro area that the program is held in, please provide explanation regarding your plans to commute or relocate to the program location. (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 piece of their profile deserves more explanation should submit an optional statement. This section of the application is not to tell us more about your extracurricular activities or expand upon your personal introduction. 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. The bottom of your resume or your interview are likely better forums for these details. Optional statements should focus on filling gaps or answering questions we are likely to have about you.

Our Top Essay Writing Tips

  • 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. If you bypass the actual questions in an effort to tell us something you think we want to hear, you will not provide the information we are looking for. This includes sticking to the word counts and time limits that are given.
  • Be honest. These essays are our way to learn more about you. Our community values authenticity and we look for essays that reflect your authentic self.
  • Have someone you trust read over your essays. 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 essay prompts give you some ideas to think about and some points to revisit as you write (and rewrite) your essays. Good luck and happy applying!

Please reach out to the MBA Admissions Team with any questions.

Hook ’em!

students in a classroom with orange banner that reads "working professional and executive MBA testing options

Working Professional and Executive MBA Testing Options

October 15, 2021 / / Comments Off on Working Professional and Executive MBA Testing Options

Preparing for and taking an MBA admissions exam is one of the best ways to get your mind back into academic mode as you prepare for business school. Some of the most common questions we receive from MBA candidates are about the standardized tests. Texas McCombs MBA admissions is excited to share that working professional and executive MBA candidates 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, GRE, or Executive Assessment (EA).  We will waive the testing requirement if:

  • Expired (taken 5+ years ago) GMAT, GRE, or EA score
  • General Test Waiver (merit-based) is approved
  • COVID-19 Test Exception is approved

Standardized exams like the GRE, GMAT, EA, TOEFL, and IELTS help us to evaluate a candidate’s academic preparedness for the rigor of business school and is one metric used to compare candidates within a large pool of applicants.

In addition, studying for and taking the exam – for some, even taking it multiple times – can show the admissions committee your commitment to the competitive business school application process and how you may approach academic challenges as a student.

This post contains a lot of information, broken down into three sections:

  • Test Options for Working Professional and Executive MBA Candidates
  • Which Exam is Right for You?
  • Impact of Your Test Score.

Test Options for Working Professional and Executive MBA Candidates

All applicants are required to submit a GMAT, GRE, or Executive Assessment (EA).  We will waive the testing requirement if:

  • Expired (taken 5+ years ago) GMAT, GRE, or EA score
  • General Test Waiver (merit-based) is approved
  • COVID-19 Test Exception is approved

Our admissions committee does not have a preference on which test you take and there is no minimum score.

Submitting Current GMAT, GRE, or EA Scores

For current scores, you must self-report your test scores in your application as well as have official score reports sent directly to UT Austin by the testing agency. The date that your official scores are sent to UT Austin by the testing agency should be no later than the application round deadline, as it can take up to 3-4 weeks for new scores to be processed. Note that if you are taking the GMAT, GRE, or EA online, you will want to allow up to two weeks to receive your score from the testing agency. You must have your test score in hand by the application deadline in order to submit your application.

Submitting Expired GRE, GMAT, or EA Scores

For expired scores (5 years or older), you must self-report your score and upload proof of the test score in the application. Examples of proof for expired test scores include a score report you received previously from the testing agency OR documentation from another educational institution that previously received the score (e.g. for another graduate/terminal degree application).

About the Executive Assessment (EA)

In 2016 GMAC (who also administers the GMAT exam) saw the need for a new exam, designed specifically for the needs of MBA applicants who have a significant amount of work experience. Originally conceived for Executive MBA programs, the Executive Assessment (EA) exam was launched. Today, almost 100 MBA programs, Full-Time, Professional, and Executive, accept the EA. Unlike the GMAT or GRE, the EA is a readiness exam and a benchmark for academic preparedness. More details about the EA exam can be found below.

General Test Waiver Petition

A merit-based test waiver is available by request prior to submitting your application. Waivers/Exceptions are not available for applicants who have already sent scores to UT.

For candidates who would like to request a merit-based test waiver:

  • Submit the General Test Waiver petition form prior to submitting your application.
  • The General Test Waiver petition form can be accessed directly (UT EID login required) or via the test scores section of the application.
  • Waiver approval is merit-based and takes into account your work experience and academic history. Your resume and transcripts are required for consideration.
  • A decision on your test waiver request will be shared within 5-10 business days after submission.
  • Waivers/Exceptions are not available for applicants who have already sent scores to UT.

COVID-19 Test Exception Petition

A test exception is available if you have been directly affected by COVID-19 and are unable to take the exam in person or at home. Waivers/Exceptions are not available for applicants who have already sent sores to UT.

For candidates who would like to request a COVID-19 Test Exception:

  • Request the COVID-19 test exception form by emailing TexasMBA@mccombs.utexas.edu.
  • Submit the COVID-19 test exception form prior to submitting your application.
  • The COVID-19 test exception is only for those applicants who are unable to take an exam in or at home for reasons directly related to COVID-19.

Which Exam is Right for You? 

The Admissions Committee does not prefer one test over the other in terms of demonstrating your preparedness for business school, but it is important to think about which exam is best for you as an individual. There are different reasons to consider taking the GMAT vs the GRE vs the EA.

​​While the GMAT and GRE tests both have quantitative and verbal sections, they have noticeable differences. We encourage you to do your research and take practice tests to learn each test’s points of emphasis, and how they are scored.

Both The GMAT and GRE are adaptive, which means that your success in answering questions correctly has an impact on the future questions you are given. But the tests deliver adaptive questions in different ways.

  • The GMAT is adaptive by question. When you get an answer correct, the next question is more difficult, and when you get an answer wrong, the next question is less difficult. This also means that once you answer a question, you can’t go back to that question.
  • The GRE is adaptive by section. If you do well on the first verbal section, you get a more difficult version of the next verbal section and vice versa.

We have included some more details about the GMAT, GRE, and EA below, but if you are unsure which exam is best for you, here are our tips:

  • We recommend taking some practice tests! There’s a chance you may be more comfortable with one test format over the other.  At the end of the day, the choice of which exam to take is yours.
  • Build in study time and leave yourself enough room on the calendar to retake an exam if necessary. If you’re not happy with your score, you can retake either test. While many candidates take the test only once thinking it will fulfill the requirement, others recognize that a second effort is likely to yield improvement. It comes at the cost of additional time and another test fee, but the payoff can be significant if it makes you a stronger candidate.
  • Make sure you submit your application as confidently as possible and with a score you feel good about.

GMAT 

For many years, the GMAT was the only standardized test accepted by business schools, but in the last decade, that has changed. Like Texas McCombs, many schools accept the GMAT, GRE, and EA with no preference for one test over another. However, it’s important to be aware that the GMAT is still used by most large consulting and investment banking companies as a baseline qualifier for the recruiting process. If consulting or I-banking are in your sights, this means that the GMAT is the best choice. The Fine Print: Not ALL consulting and investment banking firms look at your GMAT – boutique consulting firms, for example, typically do not ask for your score. So this is not a one-size-fits-all rule but is something to consider if those industries are of interest to you.

Exam Structure:  The GMAT has only one section each of verbal and quantitative questions. Within each section, a handful of questions are experimental, however, you won’t know which questions count towards your score and which are experimental. The verbal section of the GMAT focuses on grammar (sentence correction) and reading comprehension. In the quantitative section, the GMAT questions center on problem-solving and data sufficiency– you will get some questions where you have to understand if you have enough data to reach a conclusive answer. The GMAT also includes an Integrated Reasoning section, which measures how well you use data to solve complex problems, and an Analytical Writing Assessment, which asks you to analyze an argument and communicate your critique of that argument through a written essay.

Scoring: The GMAT overall scoring range is 200-800, with verbal and quant sections scored on a scale of 6 to 51. The verbal and quant sections both count toward your overall score. The Integrated Reasoning and Analytical Writing sections are scored individually.

Preparation: The amount of time you need to study for the GMAT will be unique to your individual circumstances. However, on average, candidates report that they spend 3 – 6 months preparing for the GMAT exam.  You can find more information and resources for GMAT preparation at MBA.com.

Time to Complete:  3.5 hours total (including two optional breaks) with 30 minutes for Analytical Writing, 30 minutes for Integrated Reasoning (12 questions), 62 minutes each for the quantitative section (31 questions), and 65 minutes for the verbal section (36 questions). The GMAT is considered the ultimate test of executive decision-making. Time is short and you only have one section of each format, so you must what questions are worth spending the most time on.

Cost: $250 – $275 USD depending on location

Delivery: The GMAT is delivered in-person at testing centers or online. You can take the GMAT once every 16 days, no more than five times in a rolling 12-month period, and no more than eight times total. Within the overall limit, you can only take the GMAT online exam up to two times.

Learn more about the GMAT at mba.com/exams.

GRE 

Sometimes the GRE is the best choice for applicants who have already completed a Master’s degree or those who are pursuing their MBA in conjunction with other Master’s degrees, for example, our dual degree programs. Taking only the GRE allows you to apply to both programs separately with one score, a convenience factor that most dual-degree applicants very much appreciated.

Exam Structure: The GRE has two sections of verbal and two sections of quantitative questions, plus one additional section that could be either verbal or quantitative. This additional section is experimental– your responses won’t count toward your score – but like the GMAT, you don’t know which section is the experimental one. So you have to treat each section on its own as if it will count toward your score. The GRE is also known for having a tough vocabulary portion (antonyms, analogies, and sentence completion) in the verbal sections, along with reading comprehension. Quant questions focus more on geometry and data comparisons. Also, the GRE quant includes questions where more than one answer is correct, and you must select all of the correct answers to get credit for that question. The GRE does give you the use of an on-screen calculator, though this provides only basic arithmetic functions. The GRE also includes an Analytical Writing section, which includes an “Analyze a Task” question and one “Analyze an Argument” question.

Scoring: The GRE gives you one score for verbal and one score for quant, both ranging from 130 to 170. There is no total score for the GRE.

Preparation: Preparation time will vary based on your individual schedule and strengths. ETS offers a variety of free and low-cost tools to help you prepare for the GRE exam.

Time to Complete: The overall testing time for the GRE is about 3 hours and 45 minutes, consisting of 60 minutes for Analytical Writing, 60 minutes for two sections of Verbal Reasoning questions (20 questions per section), 70. minutes for two sections of Quantitative Reasoning (20 questions per section), along with some un-scored and research questions.

Cost: $205 USD

Delivery: The GRE can be taken at testing centers or online. You can take the GRE once every 21 days, up to five times within any continuous 12-month/365 day period.

Learn more about the GRE at ets.org/gre.

Executive Assessment (EA) 

The Executive Assessment is a readiness exam and a benchmark for academic preparedness. It is designed specifically for busy, experienced professionals. Anyone is eligible to take the EA.

Exam Structure: There are three sections on the exam – quant, verbal, and integrated reasoning with the type of questions for quant and verbal on the EA being very similar to GMAT. The integrated reasoning section has four types of questions: multi-source reasoning, graphics interpretation, two-part analysis, and table analysis.

Scoring: The total score ranges from 100 to 200 with all three sections weighted equally (0-20).

Preparation: The EA was designed to require minimal preparation, but we recommend putting in enough prep to feel comfortable when you take the exam. On average, candidates put in 21-30 hours of prep time before taking the EA. This test is good option for busy working professionals looking for a way to demonstrate their MBA readiness without the rigorous preparation that the GMAT and GRE demands.

Exam Length: The test is shorter in duration compared to the GMAT and GRE. The test takes about 90 minutes to complete for 40 questions – 30 minutes for Integrated Reasoning (12 questions), 30 minutes for Verbal (14 questions), and 30 minutes for Quant (14 questions).

Cost: $350 USD

Delivery: The Executive Assessment is available both online and in-person at test centers worldwide making the assessment available around the clock to ensure you meet your application deadlines. You can take the Executive Assessment up to two times.

Learn more about the EA at gmac.com/executive-assessment.

Impact of Your Test Score

Future Employment

Before you make a final decision on your testing options, it’s best to research some of your target companies or industries and determine two things:

  • The extent to which they evaluate a test score in reviewing job candidates.
  • Whether they have a preference for one of the tests. At McCombs, we have found that most consulting and investment banking firms do look at the candidate’s test scores, and both industries historically have favored the GMAT.

Regardless of which test you take, you should consider it as another opportunity to not only impress the Admissions Committee, but also potential employers.

Academic History

Does your undergraduate or graduate transcript accurately reflect your academic ability? If your GPA is low, and you do not submit a strong test score, the admissions committee may have concerns about your ability to succeed in the rigorous MBA curriculum.

One other factor to consider is whether or not your quantitative ability shines elsewhere in your application. While many of our MBA students come to McCombs from non-quantitative majors, these applicants are typically able to prove their quantitative prowess through their test scores. If you come from a non-quantitative background and do not submit a strong test score, you will need to find other areas within your background or experience that can demonstrate your quantitative skills. At the end of the day, we want to make sure that you are set up to succeed academically in the program. If the admissions committee has concerns about your quantitative ability, it may impact your chance of admission, or you may be required to complete pre-MBA coursework prior to admission and/or prior to enrollment.

Scholarships

Scholarship awards are competitive and limited in number. Scholarship decisions are based on a longstanding holistic review process that takes into account your entire application and serves to assess the overall strength of your candidacy, including readiness for academic rigor, career goals, leadership potential, and fit with our program culture. Submitting an application without a strong test score may limit the information available to award a merit-based scholarship.

Please reach out to the MBA Admissions Team with any questions.

Good luck and Hook ’em!

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How to Reapply for Your MBA

October 12, 2021 / / Comments Off on How to Reapply for Your MBA

With each new admissions cycle, questions come in from those who have applied in the past about applying again to join the next class of Texas McCombs MBAs. 

First, having applied in a previous year is not considered a negative factor in your application. We are pleased to see your continued interest in the program and will evaluate your new application on its merits and in the context of the new applicant pool, just as if you are applying for the first time. Below is an overview of important info and tips for reapplying to the MBA program that we hope you find helpful.

Application

All candidates reapplying are required to complete a new application, new essays,  a new resume, and pay the application fee. Our essay prompts can change from year to year, so copying and pasting your essay responses from a previous application cycle is not recommended. In addition, rewriting your essays shows effort!

Review essays and application components for:

Official Transcripts

We keep your official transcript on file for one year. You will need to submit your transcripts again if you have taken any additional coursework or if you applied more than one year ago. You can always review your application status on the “MyStatus” page to make sure you have current transcripts.

Test Scores

GMAT  and GRE  scores are also kept on file for one year and overall, scores are valid five years after the date the test is taken. For TOEFL scores, this period is two years. The McCombs Admissions Committee considers only the highest total submitted score in the evaluation of applications.

Recommendation Letter 

Although not required, we suggest you submit a new letter of recommendation. Determine if another recommender may provide a more current, insightful, and thorough perspective on your experience. If you choose to submit a prior recommendation, you will need to email MBA Admissions with a request to resubmit.

How Have You Improved?

While completing your application, you will be asked, “Since your previous application, what steps have you taken to enhance your candidacy?” The Admissions Committee reviews this answer closely so please ensure that you spend time reflecting on and explaining these improvements.

Choosing to re-apply to the MBA program shows perseverance and dedication. We encourage you to consider giving yourself a fresh start when you approach your new application. Think through and reassess your application, address any weak areas, and add new information that may be helpful in the admission process.

Please reach out to us at TexasMBA@mccombs.utexas.edu with any questions. We look forward to receiving your new application.

Good luck and Hook ’em!

Submitting Your Full-Time MBA Application blog banner

Submitting Your Full-Time MBA Application

October 7, 2021 / / Comments Off on Submitting Your Full-Time MBA Application

The 2021-2022 Full-Time MBA application is now open!

We usually receive questions about application deadlines and whether or not it matters when you submit your application– Round 1, 2, or 3.

Timing is a key factor in your overall application strategy. A lot of details go into deciding which round to apply, and one answer is not right for everyone. So, let’s break it down by round so you can get a clearer picture of when might be the best time for you to hit “Submit.”

Round One

Round 1 is a good choice for a couple of reasons:

  1. It is our first priority scholarship deadline– If you want to be considered for all merit-based scholarships, Round 1 is your best shot. As each round closes, our scholarship funding pool decreases.
  2.  All of our spots are still available! Plus, historically we’ve received fewer applications in R1 than in R2.

You should NEVER rush to submit your MBA application simply to take advantage of “more spots” or “more funding.”

Once you submit your application, you cannot “re-submit” a stronger application in a later round for the same term of entry. If you skip important preparation, including formal test prep, articulating your “why MBA,” or conducting research just to be able to submit in Round 1, you could end up with a test score and application that doesn’t reflect you at your best.

In any case, submitting in Round 1 might not be a good idea, especially if you know that you can improve a component of your application. Waiting to apply until all aspects of your application are strong is always the best approach.

Round Two

If we filled up the class in Round 1, the Admissions Committee might be out of a job by February. Round 2 is traditionally our largest round and receives many strong applicants. Scholarships and fellowships are still available and all information and data included in your application help the Admission Committee allocate scholarship awards.

Applying later is okay! A strong application will stand out in any round.

Round Three

Round 3 tends to be a smaller round. Many applicants in Round 3 simply didn’t realize an MBA was an option or on their radar until later in the application cycle. Historically, we always have spots available in Round 3 (which is why we have a Round 3), but each year the number varies. We can’t say it enough– A strong, complete, well-researched application always stands out.

Before you hit “Submit,” points to keep in mind:

  • Submit your application only when you’re 99.9% ready. Supplemental application materials submitted after a round deadline are incredibly risky since there is no guarantee the Admissions Committee will see them. Once your file is read, we will not re-review again based upon new information received post-deadline.
  • Don’t wait until the last minute! We are not able to accept applications submitted after 11:59pm CT on the day of the deadline. Technical difficulties plague applicants every round, every year. Stay aware of deadlines the best you can. In the interest of a fair process, we don’t make exceptions to our deadlines, no matter what reason you have for a late submission.
  • Be patient. The Admissions Committee does not begin reviewing applications until the round deadline has passed. In other words, you might be far ahead and submit your application in August, but we won’t begin reviewing any submissions until after the Round 1 deadline in October.
  • The Admissions Committee does not provide individual feedback on applications, out of fairness to all applicants and due to the volume of requests we receive.

If you feel good about your application, we encourage you to apply but if you aren’t ready yet (i.e.: You need to retake your GMAT/GRE/EA, rework your essay, or wait for a promotion at work to come through), don’t risk it– wait until you’re confident in your application before hitting the “Submit” button.

We look forward to reviewing your application this year and are always here to answer your questions about applying. Hook ’em!

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Who Should Write Your MBA Recommendation?

September 20, 2021 / / Comments Off on Who Should Write Your MBA Recommendation?

The Texas McCombs 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.

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

Good luck and Hook ’em!

photo of 4 stacks of gold coins with a grad cap. Words read Funding Your Full-Time MBA

Full-Time MBA Scholarships & Financial Aid

September 17, 2021 / / Comments Off on Full-Time MBA Scholarships & Financial Aid

We understand that pursuing your MBA at a top school is a big investment in your future. Our Full-Time MBA is proud to have consistently been named a Best Value among Top 20 MBA programs by U.S. News & World Report. Austin has also been named one of the best places to live and work in the U.S. and rated in the Top-5 Best Places to Live by U.S. News & World Report for 5 years in a row.

To make your MBA future even more attainable, the Texas McCombs MBA 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 you navigate your MBA application process.

Recruiting Scholarships

graphic that reads 63% of the Full-Time MBA Class of 2023 received scholarship offers

Texas McCombs does offer some recruiting scholarships, including cash awards and out-of-state tuition waivers. 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.

Texas McCombs designates the first-round application deadline as the priority deadline for scholarships and fellowships.

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, 63% of enrolled Texas McCombs MBA students received scholarship offers, and those who accepted merit-based recruiting scholarships received awards ranging from $5,000 to full tuition.

For International candidates, 70% 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, 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, students are invited to apply for 2nd Year MBA Scholarships. These awards, given by the McCombs School of Business through the generous support of individual donors and corporate supporters, typically range anywhere from $1,000-$5,000. The 2nd Year Scholarship awards are given based on academic performance, leadership, and involvement during their first year in the program, as well as financial need.

Institutional Scholarships

The UT Austin Office of Financial Aid administers institutional endowed scholarships for continuing students that first-year MBAs may qualify for, beginning in November of your first year. You may be eligible to apply, but please 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. To determine your eligibility you must complete a Free Application for Federal Student Aid (FAFSA). The FAFSA for the 2021-2022 school year will be available October 1, and Texas has a priority deadline of January 15. At the latest, it is recommended that you have your FAFSA completed by June 1. Students who are eligible to complete the FAFSA are U.S. Citizens, Permanent Residents, and other eligible non-citizens. Please watch this two-minute video for help with the financial aid application process.

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.

The Texas McCombs MBA Financial Aid team cannot recommend any private loans but will work with all banks and lending institutions once you’ve been approved.

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 and let us know if you have any questions.

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

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

How to Highlight Your Work Experience

September 17, 2021 / / Comments Off on How to Highlight Your Work Experience

This MBA Insider content comes from Sharon Barrett, Director of Working Professional & Executive MBA Admissions.

When evaluating your application, our MBA Admissions Committee aims for a complete picture of your qualifications and fit with the program. It’s all about perspective. We look  at your application as if we are holding a scale, balancing all the parts.

When considering the specific experience on your resume, on one side there’s a raw number of years (Quantity), and on the other is your job experience (Quality).

Quantity

Say that you are the CEO of a mid-size corporation. Wonderful!  Oh, you just started in this position? That’s an amazing accomplishment, but perhaps you’d still admit that your knowledge and expertise in such a new position wouldn’t be as developed as someone who’s been doing it for a few years.

Or maybe you have been in the same job for 10 years.  Wow!  No doubt you are a go-to person when it comes to that role, but could it mean that perhaps you didn’t take as much initiative or demonstrate the leadership qualities required to launch you to the next level? Or perhaps you have only had a project manager role for a year, but in that time you’ve produced measurable results and demonstrated leadership.  In these cases, the quality of your work experience matters more.

Quality

A general job title like “Project Manager” may seem lackluster, but could actually be pretty exciting.  Don’t let us make assumptions. Take every opportunity on your application to illustrate just WHAT about your job made your experience rich and rewarding.

On the flip side, a Chief Operating Office title sounds impressive, but what kind of company did you work for and how extensive were your duties?  An impressive title with naught to back it up won’t move the needle in your favor when it comes to work experience.

The take-away on work experience:  Years, titles, and accomplishments are not, by themselves deciding factors. To help you provide us with a clear picture, here are our top tips for highlighting the quality and quantity of your work experience on your resume:

Blue graphic that reads 7 Tips for a Better Resume

  1. Tailor Content – You may have heard the adage that your resume should be tailored to your audience, which is true. But customizing your resume may simply entail reordering or swapping out bullet points. Remember, a resume is a summary of your relevant experience, not necessarily all of it.
  2. Emphasize Results – We don’t just want a summary. We want to know whether you generated results from your work.  If the person replacing you could copy and paste your resume bullet points into their resume, that’s probably a sign your bullet points need to better emphasize your individual contributions in the role.
  3. Avoid Redundancy – Think of each line on your resume as a valuable piece of real estate. Consider the incremental value that each line on your resume provides for you as a candidate. If you have performed the same task in multiple roles, is it necessary to list that same task more than once on your resume? Likely not.
  4. Show Balance – We want to see a “balanced” candidate – someone who has been strong in the classroom and in the workplace while participating in extracurricular activities and having unique interests outside of work. Consider creating an “Additional” section to detail your activities and interests for use as a potential conversation starter.
  5. Utilize White Space – Great resume content can only be great if a reader can easily access it. That’s where resume readability comes into play. Don’t forget to use your white space effectively. A resume is not about cramming as much you can onto the page. Rather, give your content some space to breathe.
  6. Enlist Proofreaders– Perhaps the most important element of a resume is that it is free of errors. A single spelling, grammatical, or formatting error can hurt even the most impressive resume. Have multiple individuals proofread your resume.
  7. Convey Personal Brand – What do you think of when you think of great global brands like Apple, Nike, or Google? What words come to mind? Now, when we read your resume, what words do you want to come to mind about you? Have a peer give your resume a 30-second review and see if the words you want to pop for a reader, actually do.

Remember, your resume is important, but it’s only one data point for you as a candidate. Years of work experience give only one sense of you as a candidate, so use your resume to make the quality of those years really stand out.

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

Celebrating Pride with eQual MBAs at McCombs

June 23, 2021 / / Comments Off on Celebrating Pride with eQual MBAs at McCombs

Happy Pride Month! This June we are celebrating members of our LGBTQIA+ MBA community and talking to Full-Time MBA student Lindsey Scheinthal, co-president of eQual MBAs, about pronouns, allyship, and living authentically.

eQual MBAs at McCombs is a social and career networking student organization made up of members, friends, and supporters of the LGBTQ+ community. They are dedicated to promoting diversity and inclusion within the Texas McCombs community.

Members of eQUAL on a zoom meeting

Members of eQUAL pose for a picture during a Zoom meeting.

Representation and Allyship 

eQual focuses a lot on educating people on pronoun usage and allyship by hosting workshops throughout the year to create a more inclusive environment. Since moving into the virtual space, members of eQual have advocated for adding pronouns to Zoom names. Even if you are cisgender (meaning you identify as the gender assigned at birth), adding pronouns to your bios, zoom names, or email signatures signifies that you are an ally and makes others feel included.

“For me, representation is everything. I believe it saves lives and makes people know that they are not alone.” says Lindsey. “I think that’s really important for all of us because when you have more representation you’re able to implement everything else a little bit easier.”

Inclusion and acceptance from others means a lot to Lindsey. She says she sometimes wonders if people know she’s gay and would accept her if they knew.

“My favorite thing is seeing people wear the eQual t-shirt with the rainbow longhorn,” says Lindsey. “You know, we just make assumptions about people…[you think] that person might not like me because I’m gay, and I’m nervous to say something. But then I go to class the next day and they’re rocking the eQual t-shirt, and how great of a feeling that is to see them wearing it.”

There is no way to be a perfect ally, Lindsay says. To her, it’s someone who is asking questions and is pushing themselves to continuously learn and be better.

“Everyone has a different idea of what an ally looks like, and I think it’s difficult to be the perfect ally. But I think as long as you’re trying to be better and listen and change and really hear the person next to you and where they’re coming from, that’s all we can ask for,” says Lindsey.

“I try to do my best to educate people. I really believe in representation. I try to continue to educate myself, because everything is constantly evolving.”

Living Authentically

While the LGBTQIA+ community at McCombs is a small group, Lindsey likes to think of eQual as small but mighty and hopes to encourage more LGBTQIA+ members to apply to business school.

Members of eQUAL pose in a rooftop swimming pool in downtown Austin.

Members of eQUAL pose in a rooftop swimming pool in downtown Austin.

black and white photo of Lindsey holding a rainbow pride flag that is in color.

Lindsey has been out since she was 17 and says it hasn’t always been easy. She has dealt with micro-aggressions, stereotypes, and mistreatment from others. To overcome this she lives by Michelle Obama’s famous words: “When they go low, we go high.”

“It hasn’t been easy but it’s their loss. I know I’m a great friend, I’m a great employee, and if [someone] is choosing not to be nice to me because of this one little aspect of my life, then it’s their loss,” she says.

“Life is too short, I’m just trying to enjoy every moment and like just being myself,” says Lindsey. “I don’t want to hide who I am ever.”

Pride Celebrations in Austin

At Texas McCombs, we strive to create a supportive community by partnering with Reaching Out MBA (ROMBA), a nonprofit organization that focuses on empowering LGBTQIA+ business students. In 2014 McCombs became one of the inaugural school partners of the ROMBA fellowship, which grants LGBTQ+ MBA Fellows with a minimum $20,000 scholarship and access to leadership programming. ROMBA also hosts events and an annual conference to educate and connect LGBTQIA+ business students through C-suite panels, workshops, competitions, receptions, and career fairs. This year the conference, which is the world’s largest gathering of LBGTQIA+ business students and alumni, will take place in Austin in October.  

Austin has many Pride Month celebrations around town in June but its official Pride festival and parade is held in August– this also gives the UT Austin student population, a very active part of the LGBTQIA+ community, the opportunity to volunteer and participate.

To connect with eQual MBAs, you can follow them on Instagram @equalmbs or email Sally and Lindsey at equalmbas@mccombs.utexas.edu.

Texas McCombs MBA Admissions News

Full-Time MBA Application Deadlines, New Testing Options, and Essay Topics

June 14, 2021 / / 2 Comments

This post comes from the desk of Rodrigo Malta, the Managing Director of MBA Recruiting and Admissions at Texas McCombs. As an alumnus of the MBA program and passionate ambassador for McCombs and Austin, Rodrigo is excited to share the latest admissions updates for the 2021-2022 Full-Time MBA admissions cycle  with you below.

 

Application Deadlines

Please mark your calendar for the dates below to be prepared for the upcoming application cycle.

Round Application Deadline Decision Notification
1 October 12, 2021
(priority deadline for scholarships & fellowships)		 December 16, 2021
2 January 6, 2022 March 24, 2022
3 March 29, 2022 May 5, 2022

The 2021-2022 Full-Time application will open summer 2021. To be among the first to know when the application is open, please be sure to sign up for our email announcements.

 

New Testing Options

All Full-Time MBA applicants are required to submit test scores with their application. Beginning this year, in addition to the GMAT and GRE, Texas McCombs is also accepting the Executive Assessment (EA) as a test option, as well as expired scores.

Accepted Scores:

  • A valid GMAT, GRE, or Executive Assessment (EA) exam score.
  • An expired (5 years or older) GMAT, GRE, or Executive Assessment (EA) exam score.

For details on accepted scores, school codes, and all other components of the application, please review the application process.

 

Essay Topics

Our essay topics for this application season have been confirmed. We strongly recommend planning for your essays in advance and being thoughtful about your answers. Take advantage of this opportunity to tell us about yourself and why McCombs in your own words; Review the 2021-2022 essay topics now.

 

Get to Know Rodrigo Malta

Rodrigo Malta Headshot

Rodrigo Malta, Managing Director of Texas McCombs MBA Admissions

Rodrigo was born and raised in Brazil and moved to the U.S. in high school. After earning his bachelor’s degree in management and working for a large telecom company in Kansas City, Missouri, he obtained an MBA at Texas McCombs. During his time as an MBA student, Rodrigo volunteered with the McCombs Ambassador Committee (MAC), which assists the admissions team with campus visits, interviews, and helping prospective students learn more about Texas McCombs and the application process. Rodrigo secured a marketing job at Dell post-MBA, but his passion for MBA admissions eventually led him back to his current Managing Director role, which he describes as his “dream job.”

If you have not had the chance to connect with Rodrigo or other members of the MBA Admissions team, we hope to meet you at an upcoming event.

We will be posting updates and tips throughout the admissions cycle.  If you have any questions we can help with now, please contact the MBA Admissions team.

Hook ’em!

*Update 6/17/21: A previous version of this post listed incorrect dates for “Decision Notification” and has been corrected.

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