Texas McCombs MBA Insider

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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:

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.
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 varies. We 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

June 29, 2020 / Divina Ceniceros Dominguez / Comments Off

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 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

The Working Professional and Executive MBA Admissions Team

June 1, 2020 / Texas MBA Admissions / Comments Off

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 Headshot Christie 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 Martinez Beth 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, 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

May 13, 2020 / Divina Ceniceros Dominguez / Comments Off

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.

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

Considering Your MBA
in Uncertain Times

March 26, 2020 / Texas McCombs MBA / Comments Off

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, 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 Investment – Just 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.

Network – Remember 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.