Tag: application tips (page 3 of 3)

After Admission: Deciding Your
MBA Offer

Making it through the MBA application process to receive an offer of admission from Texas McCombs is a big accomplishment! But it is not the end of your MBA admissions journey. The decision process goes both ways and you must accept your offer of admission to be enrolled in the next class. As a driven and competitive MBA candidate,  you may be deciding between offers at multiple business schools. Everyone’s individual decision is different, but a few common themes always come up when we ask our students, “Why McCombs?”

The City

Austin, Texas tops rankings for quality of life, growth, tech and innovation year after year. ATX was named the No. 1 Best Place to Live by U.S. News & World Report in 2017, 2018, and 2019!

A few photos of Austin - Lake Travis, the city, the Capitol, & a concert

The MBA program moved into a new, world-class facility in 2018. Robert B. Rowling Hall sits at the intersection of the university and the Austin business community, acting as a launchpad for ideas. Open, transparent, and flexibly designed, the building creates the physical space for you to engage, collaborate and learn experientially. Our dedication to excellence, plus our new home, made us a Top Ten Business School to Watch in 2021.

Rowling Hall exterior

Robert B. Rowling Hall, Graduate Business Building, UT Austin

The Network

Right at the center of Austin is the McCombs School of Business–  a tight-knit, driven community of students, staff and faculty, making up part of one of the largest university networks in the world:

500,000+ UTY Austin Alumni, 100,000+ McCombs Alumni, 25,000+ MBA Alumni

Our MBA culture is famously welcoming and our students come from diverse backgrounds that make our community dynamic and inspiring. It has been said that McCombs MBAs are relentlessly driven, yet they are the first to jump in and encourage and support each other to excel. Connect with current MBA students to learn more about what sets us apart.

Texas McCombs MBA Consortium Students at Rowling Hall, fall 2018

Texas McCombs Consortium MBA students at Orientation 2018

The Focus on the Future

Texas McCombs is human-centered and future-focused, meaning we have our eye on what’s coming next in business– from the exciting research coming out of McCombs every day to the many rankings where we are among the best schools in the nation. We strive to be a top business school, giving our students the best possible experience. Recently, we landed on six Top 10 lists in Princeton Review’s 2021 rankings, including No. 1 Best Campus Environment for the third year in a row!


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

Top Tips for a Successful MBA Interview

We understand that if you are planning to apply to start your MBA next fall, this application cycle or your plans may be affected by challenges posed by COVID-19. The University of Texas continues to prioritize your safety and you can stay updated on safety measures and announcements via Protect Texas Together.


After you submit your MBA application, you may receive an invitation to interview.  The weeks after submitting create a new set of questions, especially because of the current restrictions for on-campus visits and virtual interviews. Common questions include:  What interview format options are there? What sort of questions will I be asked? Who conducts the interview? How should I prepare?

Some applicants anticipate an interview and feel nervous, which is natural. If you are nervous, here is some key advice: The interview is your official opportunity to share your story, provide examples, and tell us why you chose McCombs like no one else can. Take advantage of this opportunity; It can be just the thing the Admissions Committee needs to understand the rest of your application elements and gives us the chance to get to know you better!

Different schools have different interview processes. It’s important to be familiar with how the Texas McCombs MBA runs the virtual interview experience. Be sure to read all confirmation emails and instructions very carefully.

Invitation Only

Currently, all interviews are being conducted virtually. For our Full-Time MBA program, interviews will be conducted by a current MBA student member of the Admissions Committee. For our Working Professional MBA programs, interviews will be conducted by the dedicated Admissions Officer for your program.

If you receive an interview invitation, an email will point you to our online platform and allow you to select an interview time slot that works with your schedule. There is a deadline to complete your interview, so be sure to schedule it as early as you can.

Interview invitations can come at any time during the application round. You will want to check your email (and  your Spam Folder) regularly after you submit your application  so you can  respond to our invitation and secure your preferred time slot.

An Un-Biased Approach  

Going into each interview, our interviewers do not have access to anything about you or your application, except for your resume. (Even so, it’s always a good idea to have a copy of your resume on-hand during the conversation.)

All of our interviewers are fully trained on conducting an interview that is professional, fair, impartial and helpful. Interviews typically last anywhere from 30 minutes to an hour.

Most interviews follow the general framework of introductions, questions from the interviewer for you to answer, then leave time  at the end for you to ask questions about the program and/or application process.

Top Tips

  1. Be On Time: Arriving on time is “Interviewing 101,” yet it still manages to trip up even the most prepared of candidates. Please follow all the instructions in your confirmation email about how to connect with your interviewer.
  2. Test Technology: Virtual interviews are being conducted through Zoom. If you don’t have one already, create a Zoom account. You’ll want to find a good space to conduct your interview, ideally with good lighting, stable internet, and access to a plug. We recommend connecting directly to your internet for the most reliable internet connection.
  3. Pace Yourself: You’d be surprised how many times, at the end of an applicant’s long answer, we are asked to repeat the original question. Most often this happens to people who try to put too much into the first answer for fear of not being given an opportunity later on to address their prepared examples.  Don’t worry, you will have time to get to it.  Plus, there is often an opportunity at the end of an interview to mention anything you didn’t address in the formal line of questioning.
  4. Be Professional But Loosen Up: Given our program’s famously friendly culture, our interviews are relatively informal.  If you still find yourself nervous, practice your answers in front of a mirror or with a friend or colleague and ask them how you did. Did you answer the question? Did you rush through it? Take a moment to outline your answer in your mind first, and then address it calmly and confidently.  Don’t get too comfortable, though. While we’re an easy-going group, maintaining an appropriate level of professionalism is always a good idea. This includes professional language and attire, as if you were interviewing for a job.
  5. Know What We’re Looking For: We listen for confidence, clear and concise communication of career goals, concrete examples of teamwork and leadership, in-depth knowledge of our MBA program, and overall genuine enthusiasm.  Also, the interview can be a place to showcase secondary skills that are difficult for us to determine solely based on your application: interview skills, self-awareness, communication style, and “hire-ability.” Keep these in mind so we can get a feel for the application intangibles.
  6. Come with questions: A good list of questions for your interviewer can illustrate a few key things about you as a candidate: You’ve done your research, you care about our program, you have envisioned yourself as an MBA, and you can formulate coherent thoughts under pressure. We usually leave anywhere from 10-15 minutes for questions, so limit your list to 2-3 good ones and have a few backups.

If you have any questions during the application process, we’re here to help. Please visit our website for details on applying to each program and follow us on Instagram for an inside look into the the Texas McCombs MBA.

The Top 5 MBA Admissions Questions

If you have reviewed the Texas McCombs MBA application process, you are familiar with the basic steps to applying. Here are some of the steps we’ve highlighted on this blog:

Of course, the above list does not cover everything. Each application is unique, and you may have a special situation or questions specific to your career goals or background. Our MBA Admissions team has put together our Top 5 Most Frequently Asked Questions below.

Who has Texas residency status?

Everyone who applies to the Texas McCombs MBA is classified as a non-resident until they are admitted, accept the offer, and complete a Texas Residency questionnaire. So even though your status may look incorrect to start, if you’re a Texas resident, you’ll have a chance to prove it later on in the process.

How do I submit transcripts?

We get all sorts of questions on transcripts– foreign language transcripts, study abroad transcripts, old paper transcripts, and electronic transcripts. Here’s a breakdown of the steps for transcripts:

  • Order official transcripts from any university or college you attended EXCEPT junior or technical colleges. Have the transcripts sent to you directly. If your transcripts are in a foreign language, they must also be accompanied by an official English translation.
  • Scan and upload all transcripts to your McCombs Application online.
  • Pay your Application Fee. (see #5 below)
  • Scan and upload transcripts to the Graduate and International Admissions Center (GIAC).
  • Store your official transcripts safely. If you’re offered admission and intend to enroll, you’ll then send your official transcripts to GIAC.

Are letters of recommendation required?

We require one professional letter of recommendation from a person who has supervised your work and/or has assessed your performance during your career. We cannot accept additional letters of recommendation. Letters of recommendation are received directly from the recommender via a secure portal in your application. While completing your application, you will be able to send your recommender an invitation to access this secure portal to submit their recommendation. Once your letter of recommendation is received, you will be notified via automated email.

A few helpful hints:

  • Complete this part of your application first. This will launch email notifications to your recommenders and allow them to get started on the form while you’re working on the other components of your application.
  • Contact your recommenders ASAP to let them know they should receive an email to avoid them ending up in someone’s junk/spam email folder since they come from a generic Texas MBA email address.
  • Monitor the status of your recommendations in the McCombs application portal to ensure they’re completed within a reasonable amount of time, and by the deadline. You can resend notifications from within the portal as needed.

How long do I have to submit my test scores?

As long as you’ve taken a test and have made the request to have your official scores sent to UT Austin by the round deadline, your application will be considered “on time.” During the admissions process, we sync what you reported in the application with what’s received by UT Austin. It can take several weeks for your official score to be received by the university, and your application marks this item complete once it arrives.

If you’ve decided to retake the exam after you’ve submitted your application, please notify the appropriate program as soon as you have your score. Please note there is no guarantee that your updated test score(s) will be considered in the evaluation of your candidacy, as this depends on when the McCombs Admissions Committee receives the update from you. Again, it’ll take several weeks for the official score to reach UT Austin, but be sure you’ve made the request to have the updated score sent.

If you’re applying to multiple programs at McCombs, you don’t need to send separate scores to each program. UT Austin has a central repository for official scores that all departments can access.

When do I pay the application fee?

You will not be able to pay the application fee for about two business days after you hit the submit button, depending on when you submit your application. Your application is considered “on time” if submitted by the deadline, regardless if the fee is paid on that date. However, your application will not be evaluated if you do not pay the fee once it’s due.

Please be sure to complete the following steps AFTER you hit the submit button on the application:

  • Within two business days of submission of your application you will receive an email with instructions for how to log into your GIAC MyStatus Page. Log into your GIAC MyStatus page to pay the $200 application fee. Your application fee status should reflect “Paid” in the McCombs application portal within five business days of submission.
  • Upload Transcripts to GIAC after you have paid the fee. Note: Former University of Texas at Austin students will pay a transcript fee in lieu of uploading UT Austin transcripts to GIAC.

We encourage you to carefully review all the MBA application components in detail as you complete your application. And if you have additional questions, please reach out to us.

Hook ’em!

These tips were originally posted on Sept. 18, 2017 and have been updated for this application cycle.

Your MBA Return on Investment

 

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

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

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

 

Expand Your Network

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

The Texas McCombs and UT Austin Network

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

 

The Numbers

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

Texas McCombs MBA Tuition

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

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

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

Cost of Living in Austin

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

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

 

Knowledge & Skills

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

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


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

Beyond the Numbers: A Holistic MBA Application Evaluation

In the world of MBA Admissions, your numbers are not everything. By “numbers,” we’re referring to the stats and scores that applicants tend to focus on when they submit an MBA application– undergraduate GPA, total GMAT/GRE score, percentiles, etc. With limited seats in MBA classes, organizing applications by measurable figures is logical and helpful. That’s why preparing and doing your best on the GMAT/GRE and putting your best numbers forward in your application is important.

But, you are not just a simple sum of your numeric parts– You’re an individual. And your scores are just part of your story. Answering, “who are you?” is a much bigger question.

In our review of a typical MBA candidate, GMAT/GRE and GPA alone do not offer any consistent indication of success in the program. Even if you have a 780 GMAT score, this does not automatically indicate to us that you will make high grades, find an internship, thrive in your study groups, stay positively active and engaged, or find a good job after graduation. It is the combination of strong numbers, your unique story, a commitment to Texas McCombs, and many other factors that indicate how well you’ll do in our MBA program.

Because MBA programs are limited & competitive— many candidates are enthusiastic and have strong professional backgrounds and scores— we have adopted a holistic approach to evaluating your application. So what are the intangible qualities we look for? And what will make you stand out so that you secure a spot in the class over another applicant with similar scores and background?

 There is no single answer to these questions, but here are some good tips to offer some insight on the Admissions Committee’s process:
Continue reading

The MBA Admissions Interview: How to Totally Crush It

We’ve all been there.  Despite all the preparations, research and rehearsals, you find yourself nervous about your MBA Admissions interview.  While this isn’t technically a job interview, you may do well to treat it like one.  An MBA Admissions interview is a very important part of your overall application and ultimately one of the first steps towards your post-MBA life.

At the Texas MBA program, interviews are by invitation only and can come at any time during the application Round.  While some applicants may look forward to the opportunity to interview, others may not exactly enjoy the anxiety thereby engendered. If you are a member of the latter group, look at it this way: the interview affords one of the only formal opportunities for official face-to-face interaction during the application process, so here are a few ways you can take advantage:

  1. Don’t be on time – be early: Arriving early is interviewing 101, yet it still manages to falter even the most prepared of candidates.  Arriving early is even more critical if you’ve never been to campus or navigated UT parking before.
  2. “What was the question again?”:  You’d be surprised how many times at the end of an applicant’s long-winded answer we are asked to repeat the original question.  Most often this happens to people who try to cram too much into the first answer for fear of not being given an opportunity later on to address that well-rehearsed example.  Don’t worry, we’ll get to it!  Plus, sometimes there is an opportunity at the end of an interview to mention anything we didn’t address in the formal line of questioning.
  3. Loosen Up: Given our program’s famously friendly culture, our interviews are relatively informal.  If you still find yourself nervous, practice your answers in front of a mirror, a friend or a willing stranger and ask them how you did; did you answer the question? Did you rush through it?  Take a moment to outline your answer in your mind first, and then address it calmly and confidently.  Don’t get tooooo comfortable, though.  While we’re an easy-going bunch, maintaining an appropriate level of professionalism is always a good idea.
  4. Know what we’re looking for: We listen for confidence, clear and concise communication of career goals, concrete examples of teamwork and leadership, in-depth knowledge of our MBA program, and overall genuine enthusiasm.  Also, the interview can be a place to showcase secondary skills that are difficult for us to determine solely based on your application: interview skills, self-awareness, communication style, and “hire-ability”.
  5. Know your audience: If you are invited to interview for the Texas MBA program, you have three options: On-Campus with an Admissions Officer or current student, Off-Campus with alumni or Admissions Officer in select cities, or via Skype with an Admissions Officer or current student.  Remember the Admissions Committee doesn’t have a preference for how or who you interview with, just as long as you prepare depending on your audience.
  6. Come with questions: A good list of questions can illustrate a few key things about a candidate: you’ve done your research, you care about our program, you have envisioned yourself as an MBA and you can formulate thoughts under pressure.  Don’t overdo it, though.  We usually leave anywhere from 10-15 minutes for questions, so limit your list to 2-3 good ones maximum and have a few backups.

While our interviewing style is admittedly less intense than corporate recruiters and some other MBA programs, don’t let our laid-back attitude fool you.  The Admissions Committee uses the interview as a way to add character, depth and spirit to your written application, so keep these tips in mind to ensure a positive outcome.  Good luck!

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