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Student Spotlight: Elsa Wright, MBA at Houston Class of 2021

When Texas McCombs MBA at Houston student, Elsa Wright, has a goal, she meets it. While working in the waste management and sustainability industry in Houston, Texas, her goal was senior leadership at her company. Like many professional women, Elsa wondered if she would be able to achieve all her career goals alongside her personal goal of having a family. Below, Elsa shares how she navigated these goals & priorities, overcame her struggle with imposter syndrome, and eventually enrolled in the MBA program. Juggling graduate degree work, motherhood, and marriage in the midst of a pandemic has definitely been a challenge, but Elsa has shown that determination and belief in oneself will ultimately lead you to success.

PHOTO: Elsa's Headshot. She has short brown hair and is wearing a red dress shirt with a black blazer.

Elsa Wright, Texas McCombs MBA ’21

Getting Her MBA

Elsa was eager to gain the foundational knowledge and skills needed to move into a leadership role in her career and knew an MBA from Texas McCombs could get her there. As a minority woman and mother, Elsa faced the realities of the world head-on.

“With recent events in the news, a lot of people have become more aware of the struggles that minorities face every day — struggles that stem into career growth,” she says. “I struggled with the idea that I had to achieve a master’s degree to be on the same playing field as many of my white male counterparts who hadn’t. Intelligence could be equally distributed among our society, but opportunities are not always.”

Elsa says she has struggled with imposter syndrome her entire life and her biggest piece of advice to anyone, especially women and mothers, considering an MBA is: “Just do it!”

“I have personally spent more time considering the idea and deciding to make the leap than I have spent actually getting my MBA,” Elsa says. “I felt that maybe I wasn’t ready, that I should wait for my son to get older, or that an MBA is just too competitive and I might not get in.”

Impostor syndrome— the false belief that others have overestimated your capabilities or that you’re not good enough— disproportionately affects women more than men — especially women of color. One of the direct factors contributing to impostor syndrome is the lack of women in organizational leadership, according to a 2019 Lean In study. The business world, including the realm of business education, has made strides in recent years, but there is still much work to be done toward equity and gender parity.

When narrowing down her prospective MBA schools, Texas McCombs appealed to her because of the prestige, atmosphere, and flexibility it offered.

PHOTO: Elsa standing in front of the University of Texas tower.

Elsa Wright standing in front of the UT tower at sunset.

“As I researched MBA programs, I found that Texas McCombs was the highest ranked in Texas. I attended the info sessions, and instantly felt what I like to call ‘the warm and fuzzy feeling.’ I felt welcomed with open arms, and could feel such a forward-thinking attitude that I could not resist being a part of.”

“The Working Professional program understands and respects that, as a working professional, we’re undergoing a journey,” she says. “The program didn’t require a specialization, but instead teaches you how to speak all languages of business, which allows me to explore where my career may take me instead of fixating on a specific career path.”

The moment she stepped on campus, Elsa knew that Texas McCombs would be her home for the next two years.

“I’ll never forget, it was our very first day of Austin Intensives and Assistant Dean, Joe Stephens, spoke in front of the entire Working Professional class of ’21: He said:

‘For those of you that may suffer from imposter syndrome and feel like you don’t belong here or deserve to be here, I am here to tell you that you do belong, and you do deserve it. We chose you because you have something to offer this program.’

To this day, those words resonate inside me and push me forward to make a difference.”

Pivoting to Online Learning

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Women at Texas McCombs

Today, Texas McCombs celebrates Women’s Equality Day, which commemorates the 19th amendment to the U.S. Constitution, granting some women the right to vote 100 years ago in 1920. The Texas McCombs MBA program is proud to have made strides to increase the number of women in our programs, but in both business and business education, we acknowledge there is still much progress to made toward gender parity.  Meet some of our Texas McCombs women who are already leading the way below.

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Everything You Need to Know About the Texas McCombs MBA COVID-19 Test Waiver

 

Standardized exams like the GRE, GMAT, EA, TOEFL & 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. 

However, we understand that many are experiencing hardships due to the COVID-19 pandemic and that these challenges may be affecting your applications plans and ability to take an exam. Due to the unprecedented circumstances, we are providing applicants who are unable to take an exam in person or online the opportunity to petition for a test score waiver.

Here, our Admissions Team answers some questions you might have about the Texas McCombs MBA COVID-19 test waiver, including who the waiver is for and how it might impact your application. 

Who is eligible for a COVID-19 test waiver? 

Applicants who meet both of the criteria below have the opportunity to petition for a special test waiver:

  • You are unable to take an exam in-person at a designated testing center due to lack of availability in your region, or because you or someone in your household is immunocompromised, AND  
  • You are unable to take an exam online due to lack of availability in your region, technology or other test-taking requirements (e.g. device availability or compatibility, slow internet connection, testing environment) 

If you do not meet both of these criteria, we require that you complete the standardized tests prior to submitting your application.Both GMAC and ETS have introduced remote testing options for the  GMAT, GRE, EA, and TOEFL exams for candidates impacted by coronavirus, and the majority of testing centers have re-opened globally with stringent health and safety precautions.   

How do I request a COVID-19 test waiver? 

If you meet both requirements above and would like to request a COVID-19 test waiver, please email TexasMBA@mccombs.utexas.edu to receive a link to the petition and to learn more about the test exception process 

Is there a deadline to request a COVID-19 test waiver? 

The test waiver petition must be approved by the admissions committee before you submit your application to McCombs. The admissions committee may take up to five business days to review your petition, so please complete the petition 10-15 days prior to your planned application submission date.

How does a test waiver impact my application? 

If you are approved for the COVID-19 test waiver, you may be asking yourself, “What are my chances for admission?” 

The truth is that by removing one component from your application, your other components will carry more weight in the committee’s final decision. Below are some items to consider as you craft your application. 

Academic History 

Does your undergraduate or graduate transcript accurately reflect your academic ability? If your GPA is low, and you do not submit a GMAT or GRE 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 quant prowess through the GMAT or GRE. If you come from a non-quantitative background and qualify for a test waiver, 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.  

Work Experience 

Your work experience will be reviewed thoroughly by the committee for leadership potential, progression and/or increasing responsibilities, and achievements. Generally, the level of responsibility someone has within a company correlates positively to how they will perform in a rigorous graduate educational program.  For those with less than the average work experience, a standardized test score may make your application more competitive. 

If you have any professional certifications, such as the CPA, CFA, Series 7, or others – be sure to highlight these on your resume and within your application, as attaining these types of certifications helps show the committee your academic readiness.  Advanced or terminal degrees should also be highlighted.  

Career Goals 

If your post-MBA career goal is to work in management consulting or investment banking, employers in these industries may ask that you provide your GMAT score when applying for internships or full-time positions. If you qualify for a test waiver and are considering pursuing post-MBA jobs in these industries, it is important that you are aware of this before enrolling because you may end up having to take the exam to apply for these roles. 

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 test score may limit the information available to award a merit-based scholarship  

One other note: Admission deferral requests for the Full-Time MBA program will not be considered if you gain admission to Texas McCombs and have a test exception. 

What if I’m an international student and am not able to take the TOEFL or IELTS? 

If you are an international student who does not qualify for our standard TOEFL/IELTS waiver based on work experience and/or education history, but you meet the criteria for a COVID-19 test waiver, you may be asked to prove your mastery of English via other avenues, such as a meeting with an admissions committee member or an additional essay request. In addition, if admitted you may be required to enroll in and pay for the pre-MBA Business English Program, which occurs in June 2021.  

Final Thoughts on the COVID-19 Test Waiver

The COVID-19 test waiver is intended only for those who cannot take the exams in person or virtually due to circumstances beyond their control.  If you qualify for a test waiver and believe that your application will not be negatively impacted by the lack of a test score, we encourage you to submit the petition and apply when you are ready. However, it is important to remember that we have multiple application rounds for a reason! For some, it may be best to wait to apply until you can submit with test score in-hand.  The decision will be different for every applicant, and we encourage you to approach this thoughtfully.   

We wish you well during these difficult times. Please contact us if you have any questions, and best of luck on your application! 

When Should You Submit Your MBA Application?

The 2020-2021 Full-Time MBA application will open soon, and the Admissions Committee is accepting applications in four rounds this cycle. We usually receive questions about application deadlines and whether or not it matters when you submit your application– Round 1, 2, 3 or 4.

You should NEVER rush to submit your MBA application simply to take advantage of “more spots.” – The Admissions Committee’s best application round advice

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.

But, the best piece of advice for any round is that 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 a 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

Applying later is okay, too! 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. In short: 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 variesWe can’t say it enough– A strong, complete, well-researched application always stands out.

It’s also worth noting that for international students this is the last round to apply.

Round Four

Round 4 is the newest round– an opportunity for those in a similar situation as Round 3, and for those not wanting to wait until next cycle. Many of the applicants who apply in this round are engaging in the MBA process later due to career, life, and employment changes or goals. Others will apply in this round because they are ready to start in the fall rather than waiting another year. Due to the limited and competitive nature of funding, one can expect a decrease in scholarship availability.

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 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, so you don’t become a cautionary tale. 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, 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!

eQual MBAs #Pride Stories

As Pride Month comes to an end, Texas McCombs would like to highlight how our Engaged Queer & Ally (eQual) MBAs organization has continued to support the McCombs and Austin communities, share resources and organize exclusively in a digital platform to celebrate Pride this year. Despite being in the middle of a global pandemic, McCombs students continue to stay engaged, as world-changing leaders committed to serving our many diverse communities.

Equal MBA team photo

eQual MBA students at Texas McCombs

Who are eQual MBAs?

Engaged Queer & Ally (eQual) MBAs, McCombs’ LGBTQ+ affinity group, is dedicated to promoting diversity & inclusion in the @utexasmba program & community at large. Every year, they’re committed to recruiting more LGBTQ+ prospective students, organizing regular events, connecting to alumni, and building relationships with allies and sponsors. Furthermore, through their efforts, eQual MBAs bring forth educational discussions to McCombs about gender and sexuality, advocate for allyship and inclusion, and connect members to the larger Austin LQBTQ+ community. Overall, the group is divided into three different pillars: allyship, alumni, and service.

Aside from being full-time MBA students, everyone involved in the organization has faced additional challenges throughout their eQual MBA journey. Despite being the smallest affinity group at Texas McCombs, they continue to grow. Currently, they hold 14 LGBTQ+ members — a record high for the club – along with many allies as members. 2020-2021 co-presidents Andie Parazo and Matt Mason look forward to continuing to grow membership and offering support and resources to the LGBTQ+ and ally community at McCombs.

The eQual MBAs organization, to me, means having a community that will always be there to support me. The members of eQual are not only the people that I rely on to help organize events for the advancement of queer and all underrepresented people’s rights, but they are also some of my closest friends in the MBA program.

— Matt Mason, eQqual MBAs Co-President, MBA Class of 2021

Allyship, Intersectionality and the Importance of Showing Up

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The Working Professional and Executive MBA Admissions Team

Every year, our Working Professional and Executive (WPE) MBA Admissions Team hosts hundreds of events, answers your questions, and reviews applications with the goal of putting together an incoming class that showcases the strengths and values of Texas McCombs.

Our WPE Admissions Team team is dedicated to supporting you throughout your application process, really getting to know you and your goals, and helping you find your perfect fit within our programs. Get to know more about them below.

Dave Jackson
Senior MBA Admissions Officer, Texas McCombs MBA at Dallas/Fort Worth

Dave Jackson Headshot

Dave Jackson is the Senior Admissions Officer for our MBA at Dallas/Fort Worth program and is a proud McCombs MBA alumnus. He has 20 years of experience in journalism, public relations, and communication.

Dave graduated from the MBA program in 2010, amidst the Great Recession. He was inspired by a fellow alum to look at the economic situation with a fresh perspective. He recently shared his experience and insights: Considering an MBA in Uncertain Times

“An MBA is an investment that will pay off over a long time horizon, in ways both easy to measure and less tangible but still significant. So if you’re thinking about whether these turbulent times are right for making the MBA investment, it’s worth considering that this might be the best time of all to go for it.”

When considering making an investment in your MBA, Dave says you should look closely at the value an MBA program has to offer and consider whether waiting is worth the opportunity cost of missing out on the benefits you could start receiving sooner.

“A big part of that value comes from the network you build with your classmates and alumni. As a McCombs student, you instantly join a powerful and passionate network of 500,000+ University of Texas at Austin and 100,000+ McCombs alumni who are eager to help their fellow Longhorns.”

Connect with Dave to learn more about the MBA at Dallas/Fort Worth and the application process.

Christie Jenkins
Senior MBA Admissions Officer, Texas McCombs Evening MBA

Christie Jenkins HeadshotChristie Jenkins is our Senior Admissions Officer for the Evening MBA. She joined the team in April 2020 and is originally from Vernon, Texas. She studied Public Relations at The University of Oklahoma, and received her MBA from the University of Illinois.

Christie has worked in higher education for nearly a decade and plans to spend the rest of her career in the field. While it is non-traditional that she earned her MBA, given her career goals, she believes education in America is evolving significantly, and looks for candidates that are humble and eager to learn.

“Many of our candidates have impressive careers and academic accomplishments, but I am looking for candidates who recognize there is plenty they have left to learn and are open to being taught. The classroom is safe space to make mistakes and work on your areas of improvement. I like students who are willing to embrace this opportunity and make the most out of their MBA experience.”

Christie was attracted to Texas McCombs for its renowned reputation as the best MBA program in Texas. She joined the admissions team with the goal of increasing the number of women in our working professional programs and diversifying our classes.

I like working with the best and the brightest. Texas McCombs is the best MBA program in Texas, and the Evening MBA program is ranked #7 in the country (U.S. News, 2020). Rankings aren’t everything, but they do encompass many important factors like the quality of our curriculum, faculty, outside-the-classroom opportunities, career services, facilities, and more. I like being around people who are the best at what they do and students who are going to make a positive impact on society.”

“Like all business schools, we have more men than women. Texas McCombs is better than many top programs, but we still need to improve in this area. Diversity in the classroom is so important. It leads to more comprehensive discussions, better outcomes, and creates the next generation of business leaders that the following generation will look up to.”

Christie has advice for those pursuing their MBA degree.

“Go for it. A common refrain I hear from prospective students, and was true for me before I started my MBA, is that they have been considering getting an MBA for a long time. There is never a perfect time to go back to school; life will always be busy. Don’t wait for the ideal conditions or you will never act. Just take the first step. Come to an info session or start the application. You will be surprised at how energized you get by finally acting on your dream.”

Connect with Christie to learn more about the  Evening MBA and the application process.

Elizabeth (Beth) Martinez
Senior MBA Admissions Officer, Texas McCombs MBA at Houston

Headshot for Elizabeth MartinezBeth Martinez is our Senior Admissions Officer for the MBA at Houston. She is originally from Chatham, Illinois, and earned her BA in History at the University of Cincinnati and her MBA at Rice University in Houston. Beth wanted to work in corporate finance in oil and gas, so she decided to pursue her MBA to change her career. She now has industry experience in banking, the start-up world, publishing, and oil and gas.

“I have been fortunate enough to be involved in hiring and recruiting for many of the companies for which I have worked and the best people hands down are grads from McCombs. McCombs is clearly doing something right.”

Beth looks for candidates that are enthusiastic, open, and have a track record that highlights focus. She believes candidates should pay close attention to what is happening in the world of business, be curious, authentic, and clear about what they want.

“I want to help grow the Texas McCombs Houston program such that we are full to the max capacity every year, as I believe we have a fantastic opportunity here. Houston is the energy capital of the world and the Texas Medical Center is the largest medical center in the world. What’s not to like?”

Connect with Beth to learn more about the MBA at Houston and the application process.

Sharon Barrett
Director, Working Professional and Executive MBA Programs

Sharon Barrett Headshot

Sharon Barrett is the Director for Working Professional and Executive MBA Programs. She is a UT Alumna and double longhorn with both her BBA  in Marketing and MBA from Texas McCombs.

Sharon has a passion for education and has worked at Texas McCombs for over 10 years. She helps MBA candidates find the program that best fits their needs.

“If you are still deciding between leaving your job to attend an MBA full-time, or continuing to work while you earn your degree part-time, rest assured you’re not alone.”

Sharon also shares her insight and expertise on MBA planning, resume building, and decision-making with WPE MBA prospects. Her piece of advice when applying to McCombs is to highlight the quality of your work experience in your resume.

“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.”

Connect with Sharon to learn more about the Executive MBA and the application process.

Rodrigo Malta
Managing Director, MBA Recruiting and Admissions
Rodrigo Malta Headshot

Rodrigo Malta, also known as Digo, grew up in Brazil and moved to the United States when he was in high school. He earned his bachelor’s degree in Management from Missouri State University and his MBA from Texas McCombs in 2007. Hook ’em!

During his time in the program, he was involved in the McCombs Ambassador Committee (MAC) and later used his MBA experience to transition from an internal audit career in the telecommunications industry to a marketing role in the technology industry with Dell. His passion for admissions and recruiting led him back to McCombs where he is the Managing Director of MBA Recruiting and Admissions, which he refers to as his “dream job.”

The diversity of students is “hands-down” his favorite thing about McCombs.

“We bring together students from all corners of the world with unique personal stories and varied professional backgrounds. Add in our award-winning faculty members and this is the perfect recipe for lively class discussions and an amazing learning environment.”


Visit Texas McCombs MBA to find out more about all our programs, events, and community, or take a peek into student life on Instagram. We encourage you to meet one of our team members at an event soon.

Student Spotlight: Rafael Flores, MBA at Dallas/Fort Worth Class of 2021

Rafael Flores Headshot

Rafael Flores, MBA Candidate, Class of 2021

Rafael Flores was 15 years into his career when he decided it was time to go back to school and pursue his MBA.

After graduating in 2005 from the University of Rochester with a degree in Economics, Rafael began his career in the finance and banking sector with Chase Bank and Northwestern Mutual. Eventually, he found his way to Allstate, where he’s worked for almost ten years.

 

“As I continued to develop in my career through various roles, I regretted not diving further in understanding the finance subject matter and strategy discussions from an executive level,” he says. “I found myself with enough work experience to where my MBA coursework can be directly applied to my job, such as challenging myself to take on broader roles and lead a larger scope of employees.”

Despite having a successful career with Allstate, Rafael kept looking back at his undergraduate experience wishing he could’ve done more as a student. Funding was in the way of a lot of his potential endeavors, and so he made it his mission to get his MBA as soon as he finished paying off his student loans.

This past year, he finally did.

Picture of McCombs sign on Rafael's first day with a caption saying "It's official. Day 1 of getting my MBA started. #mba #mccombs

Why McCombs?

While researching graduate business schools to attend, Rafael met with Dave Jackson, Senior Admissions Officer for the Weekend MBA at Dallas/Fort Worth program, and was impressed with both the network and recruitment opportunities at McCombs. He also appreciated the flexibility that the Working Professional program offers its students.

“I [chose] McCombs due to its strong network culture, career development resources and credibility as a top business school in the country,” Rafael says. “When I considered those factors alongside the benefits of being able to take advantage of everything as a working professional without having to leave my job or move away from the Dallas-Forth Worth Area, I realized McCombs was going to be my home.”

From Corporate to Campus

Rafael had to learn to navigate being a non-traditional student by deciding to get his MBA after ten years of working at a corporate level. Rafael learned more about time management and organization but says the biggest lesson that helped him overcome challenges was relying on his peers.

“There has to be a time for family, work, and most importantly yourself (not necessarily in that order at times). I still struggle at times to get everything done; however, my UT friends, study group, classmates are all a part of my extended family now, and we make it work,” he says. “I just keep remembering to adapt to changes and continue to move forward.”

Aside from his schoolwork, Rafael considers his position as McCombs Ambassador Committee (MAC) Chair Member as amazing to his overall MBA journey.

“My own admission process is what inspired me to get involved. I had a lot of questions and uncertainties about starting my MBA. The admissions process didn’t just walk me through how to showcase my personality and academic ability; it also introduced me to the structure and culture of McCombs, which I fell in love with.”

Group of people posing with Hook Em sign

Rafael and fellow MBA students at a McCombs event

Since the MBA schoolwork relies heavily on collaboration, Rafael says he is balancing out his work and student organization responsibilities a lot smoother. As MAC Chair, Rafael has maintained strong connections with his classmates and  UT friends.

“The experience I hope to gain is already becoming a reality. I wanted to make sure the future incoming candidates experience the culture of McCombs and fall in love with the program. Personally, I wanted to get involved in as many networking opportunities amongst the McCombs family.”

Look for a Boss, Not a Job

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Considering Your MBA
in Uncertain Times

Dave Jackson is the Senior Admissions Officer for the Texas McCombs MBA at Dallas/Fort Worth program and is a proud McCombs MBA alumnus . He has 20 years of experience in journalism, public relations, and communication. Dave graduated from the MBA program in 2010 amidst the Great Recession. Here, he provides a personal perspective of his time in the program that may be helpful to those currently evaluating an MBA amongst the uncertainty caused by COVID-19. 

Dave Jackson Headshot

Dave Jackson, Senior Admissions Officer of MBA at Dallas/Fort Worth

I remember sitting in a conference room in the Fall of 2008, in my first year of the Texas McCombs MBA at DFW program. For those who remember that time, we were in the midst of one of the worst recessions in our country’s history as the subprime mortgage crisis brought the financial system to its knees.

The alum standing at the front of the room talking to our class asked, “Who thinks this is a good time to be looking for a job?”

None of us even gave a thought to raising our hands. Most of us were more worried about keeping the jobs we had, let alone finding something new.

He looked at his audience of skeptics and said, “I would argue that this is the best time of all to be looking for a job. Because companies are only hiring people for positions that they know will add value. And those are the jobs you want.”

One simple argument changed our whole perspective on what appeared to be a bleak economic situation.

Now we’re facing another crisis – a public health challenge combined with an economic one. And it’s perfectly rational to ask: Is now the right time to make an investment in an MBA?

This is ultimately a personal question: Everyone has their own set of criteria for what makes a good investment and when is the right time to make it.

Here are a few things to consider:

Return on InvestmentJust as investment advisors recommend that you invest your money for the long-term, recognize that you have many more years ahead in your career and your MBA will pay off over a long period of time. But in thinking more specifically about payback, the most recent GMAC survey of business school alumni found high-levels of both satisfaction and return among both full-time and part-time graduates. Employers value the MBA and despite an uncertain hiring environment, there will be opportunities for good candidates in the future. Additionally McCombs was named No. 1 Best Value among top 20 business schools by U.S. News and World Report, based on the gap between average starting salaries and debt.

NetworkRemember that the concepts of return and value are two different things. While return is more easily quantifiable and you should expect a reasonable payback period, you begin accruing value with your MBA from the day you start, and you continue to accrue that value over the rest of your life. A big part of that value comes from the network you build with your classmates and alumni. As a McCombs student, you instantly join a powerful and passionate network of 500,000+ University of Texas at Austin and 100,000+ McCombs alumni who are eager to help their fellow Longhorns. Being surrounded by a group of smart, goal-oriented, diverse and downright interesting people will give you new perspectives on how to do your work differently, provide you with new tools for solving problems and give you connections (and friendships) that will always be with you throughout your career.

Knowledge Another main source of value in an MBA is the knowledge you gain, which has no expiration date. MBA faculty are the best in their fields, and they also recognize the strength of knowledge in the room. They know how to facilitate discussion and draw on the expertise of you and your fellow students. At McCombs we are fortunate to have extraordinary breadth across academic disciplines, as one of only five schools in the nation to rank in the top 20 across 11 or more U.S. News graduate business specialties. Additionally our faculty have been named top 10 Best Professors by The Princeton Review for 10 of the last 11 years, based on feedback from students about teaching quality and accessibility outside the classroom. We assume that everyone seeking an MBA aspires to be a leader, and our curriculum is geared toward preparing you for leadership. As we’re learning each day, strong leadership skills and empathy are critical in difficult times to ensure that our businesses, organizations, and team members are prepared to get through difficult challenges. As an MBA graduate, you will be well-equipped to play a leading role in solving the next crisis we face as a society.

Perspective Finally, it’s important to recognize that the current environment, while difficult and unprecedented, is temporary. The world economy has weathered many challenges over its long history. And while the “when” isn’t clear, things will get better. It’s important to consider whether waiting to pursue your MBA is worth the opportunity cost of missing out on the benefits you can start receiving sooner.

Warren Buffett, a child of the Great Depression who has become one of the world’s greatest investors in good times and bad, has said, “By far the best investment you can make is in yourself.”

An MBA is an investment that will pay off over a long time horizon, in ways both easy to measure and less tangible but still significant. So if you’re thinking about whether these turbulent times are right for making the MBA investment, it’s worth considering that this might be the best time of all to go for it.


Visit Texas McCombs MBA to find out more about all our programs, events and community, or take a peek into student life on Instagram.

MBA Admissions Updates
Related to COVID-19

The University of Texas at Austin is committed to protecting the health and safety of our community, and we are taking university-wide steps to help reduce the public spread of COVID-19 (coronavirus). Our mission to educate and send the best and brightest into the world remains, but due to ongoing and serious health concerns, we are implementing new ways to uphold that mission.

We have made some admissions updates in response  and encourage you to review the most current admissions information.

If you have any questions, please contact us.

Finding Love at Texas McCombs

This Valentine’s Day, we revisit some of our favorite MBA love stories! Current MBA students and alumni who found love during their time at McCombs share their sweet stories below.

An Impromptu First Date 

Aneesh and Abhisikta on their wedding dayAbhisikta Dasgupta and Aneesh Bansal, current 2nd year MBA students, met at an improv team-building activity during MBA Orientation. Two free tickets to the Hideout Theatre were taped between their seats and thus became their first official date.

“We started going out immediately after orientation and love happened gradually. It’s nice to have a partner who knows what you are going through and is there to support you,” says Abhisikta. “It is definitely more rewarding than challenging. Getting your MBA can be very stressful, so we give each other space when needed.”

Abhisikta and Aneesh got married in January 2020 in Delhi, India.

“We both have Indian parents and Indian weddings can be crazy,” says Abhisikta. “We passed on most of the planning to Aneesh’s parents but still spent many sleepless nights trying to find the right balance of both cultures. Finally, we did manage to collapse a week worth of madness into a single day of events. It was a fun, happy day.”

Abhisikta and Aneesh Wedding Photos

Abhisikta and Aneesh during their wedding celebration.

Abhisikta & Aneesh Wedding

Abhisikta says her best memories with Aneesh include getting lost while hiking and Aneesh’s cooking.

“We got lost while hiking on the Crystal Mountain (near Mount Rainier), roamed around for hours, thought we would be eaten by wild animals (it was getting dark), said our good-byes and love yous, but then spotted a lake and a bunch of tents and found a trail and are still alive to tell the tale!”

“Aneesh loves cooking for me and then he waits eagerly for feedback,” says Abhisikta. “I sometimes forget and he makes a very sad puppy face.”

Abhisikta and Aneesh are both joining Amazon after graduation in Seattle, where they plan to adopt two dogs and take full advantage of Amazon’s dog-friendly office policy.

Interviewing Your Future Husband 

When Caitlin Ellinwood, MBA ’19, was doing research for a start-up while in school, little did she know it would lead to the first conversation with her future husband, Jonathan Powell, MBA ’20.

“I was working for a robotics start-up founded by a McCombs alum and I needed to interview people related to the aerospace industry,” says Caitlin. “Jon had just started at McCombs a few weeks prior and I found out he was previously a helicopter pilot. I ended up interviewing him about his time as a maintenance manager for Apache Helicopters [in the U.S. Army].” 

Caitlyn and Jon wedding photoPhoto by Creatrix Photography.

Caitlin and Jon took a trip together to New Orleans after he completed his first semester of school to celebrate, which became a pivotal point in their relationship. The couple married in February 2020 in a “flash-mob style” wedding at the Mopac bridge alongside 50 of their closest friends and family members. 

“We chose Mopac bridge because Jon LOVES bridges! During our first trip together in New Orleans he dragged me across the entire French Quarter to see a bridge in the middle of the day while we were out with friends,” says Caitlin. “I complained at the time, but it has become one of our fondest memories. We’d visited the Mopac bridge a few times and thought it was a beautiful opportunity to show our guests Austin’s beauty and get to have fun on a bridge!”

Caitlyn and Jon on their wedding day
Photo by Creatrix Photography.

“Before we told people we were dating, we used to fist bump on campus when we saw each other. It has stuck as an inside joke between us and we still do it to this day,” Caitlin said. “It’s definitely a bit awkward at the beginning – it would be like dating a coworker. But once you’re settled in it’s great to have someone you can talk to you about classes, career goals etc.” 

Caitlin and Jon wedding photo.
Photo by Creatrix Photography.

They plan to lay low this Valentine’s Day and catch up on some alone time after the busy holiday season. 

Summer Love Turned Forever

Launa and John Bilal, both MBA ’17s, met at the  Consortium Orientation Program (OP) in 2015. John was much quieter than Launa, and his first impression of her was, “she’s a handful.”

Laura and John at graduation.

In 2016, they both moved to Dallas for their MBA summer internships and decided to live together. During that time, they fell in love.

“Being able to have a partner who is just as ambitious and understands the challenges and pressures of being in business school as well as the subsequent careers that we accept is important,” says Launa. “There is never a need to explain our frustrations, fears, or exhaustion during business school or with our work because we are sharing very similar experiences. In the same vein, we know how important it is to celebrate when either of us had milestones in business school or in our careers because we understand the challenges first-hand.”

launa and john

During their last semester of business school, Launa and John studied abroad in Switzerland and traveled together across Europe.

“One of our favorite places was Barcelona – we took a paella cooking class, marveled at La Sagrada Familia, walked through Casa Batlló, went to an ancient bath spa, and just otherwise enjoyed the culture and beauty of Barcelona,” says Launa. “It was a wonderful few days of being together, enjoying each other, and not thinking about school, work, or anything in between.”

Launa and John on their wedding day.

Launa and John both travel for work, and so this will be the first Valentine’s Day they will be spending together since getting married. They will be celebrating with a night out in Dallas.

“The primary objectives of going to business school should be to elevate yourself, learn about yourself, and explore areas that you otherwise would not have the opportunity to do in your previous careers,” says Launa. If you happen to meet someone who you feel you could also grow with and grow to love, that is a plus! Do what you set out to do – grow and challenge yourself – and the rest will fall in place.

#FultonFloresMerger

Cassie Fulton and David Flores are proud members of the Evening MBA Class of 2016 and even gave a nod to their b-school background at their wedding last year with a creative hashtag: #FultonFloresMerger.

“We met during the first orientation weekend of the program,” says Cassie. “David spotted me walking down the stairs and we ended up walking to dinner at the stadium together. At the end of the weekend, he ended up asking for my number so we could grab lunch — and the rest is history!”

Cassie famously told her brother she was getting her MBA not her “MRS”, but came away with both. Cassie and David tied the knot in February 2019 in Austin, Texas and reserved a whole table just for their “McCombies.”

Cassie & David WeddingCassie and David posing with their McCombies at their wedding.

“We started our relationship by taking the Myers-Briggs [personality assessment] with our classmates — this was VERY helpful,” says Cassie. “Being in class together and trying to navigate being a couple, trying to make friends or network with peers, and also be professional in the class environment was tricky. Being McCombies together, we made great friends in the program and built a great network. We also have similar motivations and language when discussing life and our careers.”

Cassie & David Wedding Photo

After business school, David’s job moved them to Minneapolis, MN and then to Raleigh, NC. They just moved back to Austin and don’t plan to leave again. Cassie is VP of Global Product Marketing at CPA Global and David is a Senior Customer Support & Engagement Manager at Collins Aerospace.

Out of the Friend-Zone 

Kinza Azmat and Nishanth Ramesh graduated from the Weekend MBA at Dallas/Fort Worth program in 2018. They first met a pre-MBA happy hour and their story is a little different from the other MBAs.

Kinza Azmat and Nishanth Ramesh

“I know what you’re thinking: boy meets girl, girl meets boy, love at first sight. That’s precisely the opposite,” Kinza says. “We friend-zoned immediately and continued as platonic group mates. Suffice it so say that this friendship extended beyond graduation, especially since we’d seen each other at our highest and lowest points while at McCombs.”

“Our classmates were akin to VC firms, seeing our relationship’s potential much before the original founders,” she says. “Even at the insistence of many friends, we were obstinate to external advice and continued to remain friends.”

A year after graduating from McCombs, Kinza decided to move to Denver. But before moving, she wanted to close all open chapters in Dallas – subtly dropping hints to Nishanth about a potential relationship. The target audience did not receive the intended message; Nishanth invited other McCombs friends to all of Kinza’s attempts at a “real date.” Finally, Kinza point blank asked him out and he enthusiastically agreed.

“Our first date consisted of a Brandi Carlile concert, a cozy sushi spot, and the realization that all of our classmates were right,” says Kinza. “Love was a matter of weeks, a shared home came next at 6 months, an engagement at month 8, and a wedding-to-be in October 2020!”

Nishanth wanted the proposal to be fun and include their friends, at a place special to both of them – the climbing gym. Kinza enjoys competing in bodybuilding and trains to peak for photoshoots, so Nishanth coordinated a faux photoshoot of Kinza climbing at the local gym and she didn’t suspect a thing. But then, Kinza started getting suspicious, especially when Nishanth asked her to take the tape off her fingers before the next route.

“As she was being lowered from her last climb, the rope turned and she saw all of our friends gathered at the bottom, smiling and cheering,” Nishanth says. “The rope was still tied in to both of us, highlighting how she’d been trapped…oops, connected for life when she said ‘yes.'”

Kinza Azmat and Nishanth Ramesh surrounded by their friends after the proposal.

Kinza and Nishanth surrounded by their fellow MBA at DFW classmates after the proposal.

Dave Jackson, Senior MBA Admissions Officer in Dallas, who admitted both of them into the program, was one of the many spectators there to witness the proposal.

“Not only is it great to have two of my favorite people meet in the program and become engaged, but the fact that so many of their classmates were there when Nishanth proposed also testifies to the culture of the program and the relationships you form.” says Dave.

Kinza Azmat and Nishanth Ramesh

This Valentine’s Day, Kinza and Nishanth are staying true to their nature of valuing adventurous experiences and plan to go shoot zombies in a virtual reality arcade, followed by a romantic dinner.

“Our advice would be to keep doing you, make friends, experience new adventures, and let your feelings guide your life,” says Kinza.

An Adventure in Love

Lis Reed and Peter Mamone, MBA ’15s, first met on the McCombs Adventure Program (MAP) tubing trip right before orientation. They became “fast friends” after learning about each other’s military background and officially started dating that spring of their first year at McCombs. They knew they loved each other after spending a summer apart. 

Lis Reed and Peter Mahome

“We did our first year internships in different places: I was in the Bay Area with Apple; Pete was in Dallas with Deloitte. We knew it was love when we really missed each other over the summer,” says Lis. “These days we’re both at Google here in Austin.”

One of their favorite memories at McCombs was traveling to Singapore, Malaysia, and the Philippines with classmates for a Global Connections MBA Study Tour. 

“It was a once in a lifetime experience and awesome to share it with each other! It was really nice to be with someone who understood how chaotic business school schedules can get and who values their career.” 

Lis Reed and Peter Mahome

This Valentine’s Day weekend the couple will be heading to Nashville to celebrate their 2nd wedding anniversary.

Best wishes to all our McCombs couples! ❤️

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