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Texas McCombs MBA '25 Class Profile

Texas McCombs MBA Class of 2025: Celebrating Growth, Unique Voices, and Accessibility

November 14, 2023 / / Comments Off on Texas McCombs MBA Class of 2025: Celebrating Growth, Unique Voices, and Accessibility

(Austin, TX) – Here, at the University of Texas at Austin McCombs School of Business, “You Are What’s Next.” The Class of 2025 exemplifies this spirit, embodying our unwavering commitment to excellence, diversity, and innovation. Their achievements are more than just stories; they form the very fabric of our vibrant Texas McCombs MBA community. These very accomplishments mold our MBA program, which includes students from the Full-Time, Working Professional, and Executive MBA programs across our campuses in Austin, Dallas, and Houston, and cement our position as a top-ranked business school.  

With this context, three pivotal highlights define the Texas McCombs MBA Class of 2025 profile:   

🏆 Increasing Demand and Growth in Class Size:

The Class of 2025 at Texas McCombs reflects the growing enthusiasm for our programs in Austin, Dallas, and Houston. Applications across the MBA portfolio surged compared to last year, reaching a total exceeding 2,300 applications, and affirming the popularity of our dynamic community and unique learning environments.

Additionally, our class size has expanded by an impressive 9%, now with 509 incoming students. This growth not only underscores our status as a top choice for business education but also confirms the thriving demand for our programs across multiple campuses.

🏆 Unique Voices and Professional Excellence:

The incoming class celebrates a significant milestone: 25% of the class (as a % of U.S. Citizens & Permanent Residents) is composed of underrepresented minority (URM) students, marking a 7%-point increase. This achievement demonstrates our commitment to diversity and inclusivity, a commitment that extends across all our Texas McCombs MBA programs.

This growth isn’t limited to URM representation alone. Women in the class have also seen a substantial increase, rising to 33% (up 4% points), while the proportion of military veterans has grown to 15% (up 3% points) of the class.The importance of these developments cannot be overstated. The unique voices brought by our students enrich our learning environment and strengthen our academic and professional community. As we continue to grow, these perspectives collectively contribute to the excellence that defines the Texas McCombs MBA experience.

🏆 Cultivating Accessibility and Impact:

Texas McCombs actively contributes to the vision of propelling the University of Texas at Austin toward becoming the world’s highest-impact public university. This year, we welcomed more first-generation students, rising to 20% of the class (up 7% points). This increase spans all five of our MBA programs, demonstrating our commitment to providing accessible and impactful education, particularly to aspiring business leaders who are the first in their families to attend college.

It’s essential to recognize the importance of cultivating accessibility to make an MBA from a prestigious school attainable for first-generation college students. This reflects our dedication to fostering a welcoming community while nurturing the future leaders of business, regardless of their background.  

Full-Time MBA Class Profile 

Applications to the Full-Time MBA program increased, attracting over 1,800 applicants for a class of 241 students. This class brings with them a blend of experiences, with an average age of 29 and a strong average GPA of 3.46. Furthermore, 35% of students identify as female, 8% as LGBTQIA+, and 26% come from international backgrounds, representing 31 countries.  

In addition, the class demonstrates strong diversity within the United States, with 35% identifying as U.S. minorities and 18% as URM. Additionally, 14% of students have U.S. military service backgrounds. This year, we welcomed 37 Consortium members, 60 Forte Fellows, and 15 dual-degree students, further enriching the diversity and breadth of experiences within our class.   

Working Professional MBA Class Profile  

Though unique on their own (see class profiles below), the Working Professional MBA programs at Texas McCombs boast a set of compelling features that collectively define their excellence. With an average age of 31 and a middle 80% range spanning 26 to 37, these programs attract a unique cohort of students, each bringing with them a wealth of professional experience. On average, these students come with 8 years of experience. Impressively, 15% of the cohort possesses military experience, enriching the class with a unique perspective.  

Academically, our working professional students maintain a high level of excellence with an average GPA of 3.36. Working Professional and Executive MBA candidates have several options when considering how to complete the standardized test requirement as we accept GMAT, GMAT Focus, GRE, Executive Assessment (EA) score, or a test waiver. The incoming class brings an average GMAT score of 654 and an average GRE at 312.   

Executive MBA Class Profile

The Executive MBA program at Texas McCombs comprises 63 accomplished individuals, with 29% female representation. The class includes people of various backgrounds, with 42% identifying as U.S. minorities and 25% as URM, while 21% have backgrounds in U.S. military services. This experienced group boasts an average of 15 years in the workforce. Although standardized test scores aren’t required, the program values various factors, including leadership experience and personal impact, evident through their average 8.5 years of management experience.  

 

Notably, 27% of the class consists of first-generation students, offering unique perspectives. The class represents 21 cities in Texas and 9 states, with a strong presence from technology, healthcare, and energy sectors, enriching the Texas McCombs MBA experience.  

The Future of Business Leadership 

The Texas McCombs MBA Class of 2025 is not merely a reflection of our program’s excellence, but an embodiment of our vision for the future. The increase in applications and class size, coupled with the growth in underrepresented minorities, women, and military veterans, showcases the program’s appeal and its role as a leader in the ever-competitive MBA landscape. At the same time, we’re proud to note that standardized test scores and GPAs remained strong, ensuring that academic excellence is a hallmark of our program. Additionally, the rise in first-generation students underscores the university’s commitment to making high-quality education accessible to all. With this class, Texas McCombs continues its journey towards becoming the world’s highest-impact public business school. It’s an exciting step toward the future where you, as a vibrant part of our community, will be what’s next in business and beyond. Your journey to excellence begins here. 

If you have any questions about Texas McCombs, 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 Texas McCombs MBA. 

Good luck and Hook ’em!  

Exploring the Return on Investment of a Texas McCombs MBA.

Maximizing Your Potential: Exploring the ROI of a Texas McCombs MBA

May 9, 2023 / / 1 Comment

This MBA Insider content comes from Christie Jenkins, Senior MBA Recruiting and Admissions Officer, Working Professional MBA.

There’s a saying in undergraduate admissions that a student’s decision on where to go to college ultimately boils down to the 3 P’s: price, proximity, and prestige. I’m not aware of a 3 P’s equivalent for MBA programs, so allow me to invent one. The 3 R’s: Rankings, Recruiting, and ROI.

It’s no secret that future MBA’s are a little more objective and outcomes-focused with this decision than they may have been when choosing a college for undergrad. Undergrad is all about the experience, personal growth, and the journey as well as the destination. Those things certainly matter for your MBA selection too, but with an added emphasis on results and tangible benefits. Objectively, why should someone spend 2 years and $100,000+ on an MBA? What is the value?

RANKINGS

Or maybe this R should be reputation? Either way, Texas McCombs excels at both. U.S. News and World Report ranks our MBA programs as the following:

#6 Working Professional MBA

#14 Executive MBA

#20 Full-Time MBA

It goes without saying that our MBA programs are the best in Texas. Our programs also benefit from The University of Texas at Austin brand. Visit anywhere in the world and someone will be able to tell you about the burnt orange Texas Longhorns, and possibly that “What starts here changes the world.” Simply put, you will never have to explain what UT is all about. People know.

RECRUITING

Employers want to hire Texas McCombs MBAs. We partner with more than 400 employers annually, and the list is always growing. A few of our top recruiting partners who hired 10 or more MBAs last year include Amazon, Dell Technologies, PricewaterhouseCoopers, Boston Consulting Group, and Deloitte Consulting.

Texas has the fastest-growing job market in the country, according to the U.S. Bureau of Labor Statistics, and has been ranked No. 1 Best State for Business for 18 consecutive years. Texas is also home to the most Fortune 500 companies, with more than 135 companies that have relocated their headquarters to Texas since 2020. This list includes AT&T, CBRE, Charles Schwab, Exxon Mobil, Hewlett Packard, Oracle, Tesla, and more. Add in that Texas has no state income tax and a comparatively low cost of living, and you can see why this is a great place to live and work.

Texas stats graphic for the report.

Source: Texas Economic Development & Tourism, Office of the Governor.

To help you land those jobs, you’ll also have unlimited access to career coaching, even after you graduate. Our career coaches can help you refine your brand, prepare for interviews, negotiate your starting salary, and much more. They’ll be there for you as a student and after graduation, as MBA alumni have lifetime access to career resources and coaches.

ROI

For those uninitiated in the MBA lingo, ROI, or Return on Investment, is a way to measure the profitability of an investment. Another way of thinking about this concept is the payback period, or how long it will take for an investment to pay for itself.

According to the GMAC Corporate Recruiters Survey, bachelor’s degree holders from the United States are expected to earn a median of $50,000 annually. The median starting salary for an MBA graduate is $95,000 – and that’s just a graduate of any MBA program!

Source: GMAC Corporate Recruiters Survey – 2022

For a Texas McCombs Full-Time MBA grad, the average starting salary for the Class of 2022 was $145,000. Therefore, the average incoming student can expect a $95,000 pay increase at the time of graduation ($145,000 McCombs MBA salary minus $50,000 bachelor’s degree holder salary). Compare that to the cost of our MBA programs (between $105,100-$149,500) – you’ll see the typical payback period for a McCombs MBA is less than 2 years!

After your McCombs MBA investment has paid for itself, you’ll have a lifetime to reap the rewards. If you are in your 20s or 30s, with an expected retirement age of 65, then you could have 30 or 40 more years ahead of you in your career. Wouldn’t it be nice to make the most of your incoming-earning years? The earlier you start, the more time you have to benefit from your increased post-MBA salary.

 

According to Poets and Quants, the expected lifetime earnings of a McCombs MBA graduate is $6.35 million.

For those who want to see the numbers, here’s your ROI calculation: profit (or gross income minus cost) divided by cost. For a McCombs Full-time MBA, that is $6,350,000 – $105,100 / $105,100, which works out to an ROI of 59.42. Over the course of your lifetime, your MBA will pay for itself more than 59x.

Of course, this barely scratches the surface.

The true value of an MBA can’t be measured in dollars. It includes your personal growth and development, the networking and relationships you will build, the intrinsic value of gaining knowledge and confidence, job security, upward mobility, and much more.

Only you can calculate what an MBA will mean for your future, but hopefully, you are reassured to know that a McCombs MBA makes objective, financial sense in addition to being a great experience.

Ready to get started on your MBA journey? Visit Texas McCombs MBA to learn more about our programs, application components, deadlines, and upcoming events, or take a peek into student life on Instagram. Please reach out to the MBA Admissions Team with any questions.

Picture of a man at a desk in a wheelchair smiling at a laptop in his lap. Text reads - Applying in Round 4 - Submit Today, Start Classes in August

Why It’s OK (and sometimes
better) to Submit Your MBA Application in the Final Round

May 1, 2023 / / Comments Off on Why It’s OK (and sometimes
better) to Submit Your MBA Application in the Final Round

This MBA Insider content comes from Christie Jenkins, Senior Recruiting and Admissions Officer for the Evening MBA Program.

Let’s start with a game of two truths and a lie! Can you spot the lie among the statements below?

  • Texas McCombs is always seeking the most qualified candidates for its MBA programs.
  • The Admissions Committee reviews applications holistically, considering a candidate’s academic performance, work experience, program fit, and a variety of other hard and soft skills.
  • Candidates must apply early to have the best chance at admission.

The first two statements are true. We are looking for the best people we can find, and we review a candidate’s academic profile, work history, and how a Texas McCombs MBA can help them achieve their goals.

The last statement is a myth – and it’s one of the most common misconceptions about applying to our MBA programs.

We are not simply trying to fill the next incoming class as soon as possible; we want to ensure that we have the strongest and most dynamic class we can get. Therefore, we have the same rigorous admissions standards regardless of when you apply. Often, some of our best students apply in the final round!

Depending on the format of the MBA program you are pursuing, either as a Full-Time student or in our Working Professional or Executive MBA programs, your preparation process will likely differ.

Full-Time MBA applicants are choosing to leave the workforce for two years and often relocate to a new city. These steps require advanced planning, and usually, applicants have been working towards them for months. However, there are a variety of valid reasons an applicant may wait until the final round to apply to a Full-Time MBA program. Perhaps there have been unexpected changes to your work or living situation, and suddenly, now would be the ideal time to make a move. Or, you just wrapped up a big project, and you can finally focus on submitting a top-notch application. Or maybe, you’ve only recently come to the realization that pursuing an MBA is the best next step forward to reach your goals.

Working Professional and Executive MBA candidates, who are planning to earn their MBA while continuing to work full-time, typically have a different set of considerations. Of course, you will still notify your employer of your intent to start an MBA, but you can tell them a bit later in the application process. Those conversations will center on your growth plan with your company and if they can offer schedule flexibility or financial sponsorship. You’ll also want to gain support from friends and family, and set expectations with them on how you will manage your time with your new priorities. Because Working Professional and Executive MBA students can continue working and living in the same area, they tend to apply later.

Often, it’s not clear that the time is right to pursue your MBA until later in the application cycle, and candidates don’t want to wait a year before getting started. Sometimes an application can be even stronger when you wait to submit until after you’ve landed a promotion, closed that latest deal, or had more time to prepare. The Admissions Committee recognizes this dynamic. When you’re ready to apply, we’re ready for you.

Bottom line: The best time to submit your application is when you feel ready to do so and you’re confident it will be the best representation of you and your potential in the program.

button that reads "Start or Submit Your MBA Application"

Ready to get started on your MBA journey? Visit Texas McCombs MBA to learn more about our programs, application components, deadlines, and upcoming events, or take a peek into student life on Instagram. Please reach out to the MBA Admissions Team with any questions.

Letter of Recommendation

How To Submit A Successful MBA Recommendation

December 1, 2022 / / Comments Off on How To Submit A Successful MBA Recommendation

The Texas McCombs Working Professional and Executive MBA applications require one professional letter of recommendation from a person who has supervised your work and/or has directly assessed your work performance during your career.  

A recommendation letter is the only component of your application where you rely on someone else to provide information, so it is important that you carefully decide who you will ask to be your recommender. The Admissions Committee uses this recommendation to assess your work capabilities, such as your motivation, contribution, strengths, areas of growth, etc. 

What is in the Recommendation Letter? 

First of all, this is NOT the traditional letter of recommendation you typically think of where someone writes a letter on your behalf to vouch for your professional performance. Texas McCombs uses the GMAC Common Letter of Recommendation. Your recommender will receive a link to assess specific competencies/traits and answer three short-response questions. 

Keep in mind that while there are other programs using this form, some schools will ask a different series of questions.  If you’re applying to more than one MBA, you may be asking your recommender to separately fill out different forms. Make sure they do not copy and paste their responses. 

Who should write your MBA Recommendation? 

Circumstances differ for every applicant and deciding who you should ask might vary.  Below are some scenarios to help guide you in choosing the best recommender for your MBA application. 

Your Supervisor
Your current direct supervisor is traditionally the best choice. This is likely the person in your network that knows your strengths and weaknesses better than anyone else and can speak to your professional capabilities. 

However, in some instances, your current supervisor may not be a viable option for you.  Perhaps you aren’t able to communicate to your employer that you’re applying to business school or you do not work with your direct boss that closely. It could also be that you attained a new role recently and your current supervisor has not had a chance to work with you very long. Or, you’re an entrepreneur and don’t have a supervisor.  

All of these are valid reasons to look for other recommendation sources. If you choose to request a different recommender than your current supervisor, please explain your choice in the Optional Essay. 

Your Former Supervisor
If you cannot ask your current direct supervisor to write your recommendation, maybe you can ask a previous supervisor? Depending on how recently you worked with them, the “old boss” may be the best choice, especially if you had a strong professional relationship with that person. This is the most common alternative option. 

Your Indirect Supervisor
Asking an indirect supervisor can be another option, especially if you’ve worked with this person closely on long-term projects or significant assignments.  This is a nice alternative to a supervisor that you may not work with closely. 

Your Client or Vendor
This recommendation source is typically useful for entrepreneurs or for applicants who work for a family business. If you work for a family business, it is preferred that you ask an individual outside of your family to write your letter of recommendation. 

Mentor or Other Options
Mentors can be from inside or outside of your workplace who have a clear understanding of your professional value. Also, there are many individuals who may fall in the category of “other recommenders.” For example, a former professor, a colleague, or a coach. However, be sure that the person you select has worked with you on measurable tasks and understands your professional experiences to ensure they will provide a recommendation with depth. This is the least preferred option by the admissions committee. 

Other Tips: 

  • Don’t focus only on title – the CEO of a large company may sound like an impressive recommendation, but unless they work with you closely, the recommendation letter will likely fall short of delivering the information that the Admissions Committee is looking for. 
  • Steer clear of asking a direct report (someone who reports up to you) to submit a letter of recommendation. 
  • When it comes to other options, use your best judgment. An undergraduate professor may not be the best person to address some of the questions posed on the recommendation form and the Admissions Committee is looking mainly at your post-undergraduate work experience.   

You’ve chosen a recommender. What’s next? 

First, before asking your recommender to take this on, keep in mind that they are likely a busy individual – be sure to give them plenty of notice prior to the application deadline. 

Secondly, give them a heads-up about your request. You don’t want to blindly email someone and ask them to write something for you without having a conversation. It may be a good idea to revisit certain projects you worked with them on. Most importantly, explain to your recommender why you’re pursuing an MBA. Giving them some context behind your ask will go a long way and will likely result in a stronger letter. 

Finally, make sure you give them all the information on the recommendation before you ask, especially the timeline for when you will be submitting your application. Let them know they will be receiving a link to fill out the recommendation, and that they do NOT need to write a supplemental letter. 

If you have any questions during the application process, we’re here to help. Join us at an upcoming event to connect and learn more about Texas McCombs.  Please sign up for MBA news and follow us on Instagram at @UTexasMBA to stay updated.

Hook ’em!

picture of a person smiling on computer. Text reads "Video assessment & mba interview - executive MBA"

Completing the Executive MBA Video Assessment and Interview

November 3, 2022 / / Comments Off on Completing the Executive MBA Video Assessment and Interview

Getting to Know our Candidates: Executive MBA Video Assessment and Interview

Shortly after you submit your MBA application and your application fee is paid or waived, you will receive two “action requested” emails – one pertains to your Video Assessment, and the other to your Interview.

All Executive MBA applicants are required to complete both the Video Assessment and the MBA Interview in order to complete the application process.

The Video Assessment and Interview are two opportunities to share your story and tell us why you chose McCombs in your own voice. 

Video Assessment

This application requirement helps the Admissions Committee better understand who you are in your own voice and allows us to assess your communication skills. All applicants have seven days to complete the assessment upon receiving access to the video submission platform. The Video Assessment has four question prompts and will take between 20 – 30 minutes to complete. Applicants will be allowed to practice before submitting their Video Assessment and will have between two and three minutes to answer each prompt, depending on the question.

Within the Video Assessment we are evaluating the following competencies for every Texas McCombs Executive MBA student:

Leadership
We are looking for well-rounded individuals who have a wealth of knowledge and life experience in informal or formal leadership positions. Consider how you’ve added your own unique perspective and skill set when engaged in the pursuit of leading others.

Collaboration
We’re looking for applicants who excel at collaboration with their active listening skills and empathy. They easily see others’ perspectives and are slow to judge, creating an inclusive space to solve problems as a team. They value team wins over their own.

Coachability
We’re looking for applicants who are coachable, demonstrated by their growth mindset, acceptance of constructive criticism, and dedication to continuous self-improvement. They’re adaptable in the face of unexpected challenges and remain positive. They’re curious, exhibited by their willingness to learn from others.

Problem Solving/Enterprising Spirit
The ideal applicant has the ability to think on their feet, remaining composed and clearly articulating their thought processes when faced with ambiguous, complex problems. They see the broader picture when problem-solving, showing creativity and resourcefulness in identifying viable approaches before reaching an informed decision

Tips for Completing Your Video Assessment

  1. Practice: You will have the ability to practice responding to test questions for as long as you wish. Practicing helps you become more comfortable with the technology when answering the real prompts.
  2. Test Technology: Virtual Assessments are conducted through the Kira platform. It will require a desktop or laptop computer (no iPhones/iPads) with a functioning webcam, microphone, and internet connection. We recommend connecting directly to your internet for the most reliable internet connection – and make sure you have plenty of charge on your laptop or that you are plugged in! Most browsers are compatible (Chrome, Firefox, Edge, Opera) but the platform will not work well on Safari.
  3. Pace Yourself: Videos have a time limit. Keeping responses concise, yet clear, is important. However, make sure you are answering the question in full. Those practice questions will be a great way to gauge what three minutes actually feels like when responding to a question. And don’t feel compelled to use the entire time limit if your response can be achieved in less time.
  4. Be Professional, but Loosen Up: If you still find yourself nervous, practice your answers in front of a mirror or with a partner/friend 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.

MBA Interview

The Interview provides an opportunity for you and a member of the Admissions Committee to have a one-to-one conversation about you and your MBA candidacy. It’s a chance for us to get a deeper understanding of your readiness for the demands of this rigorous program, as well as how you will contribute to and engage with the Executive MBA cohort.

Similar to the Video Assessment, we’re assessing your verbal communication skills and your professional presence. Interviews are mostly conducted via Zoom, with periodic opportunities for in-person interviews during campus visit events. The interview lasts 30 minutes total, including time for your specific questions.

Tips for Completing Your MBA Interview

  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 via Zoom. If you’re interviewing on campus, scope out the location of the MBA Program Office in advance.
  2. Test Technology (virtual interviews only): 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: Come prepared with examples for behavioral-type interview questions. And just like we recommend for the Video Assessment, keep your responses concise, yet clear. Make sure your examples answer the question in full.
  4. Be Professional but Loosen Up: Given McCombs’ and Austin’s collegial and laid-back culture, our interviews are relatively informal.  If you 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.
  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.
  6. Come with questions: You’ll have about 10 minutes for questions with your interviewer, so please come prepared with 2 or 3 questions.

Visit Texas McCombs MBA to learn more about our programs and upcoming events. Check out our Application Process page for more information on application components. Please reach out to the MBA Admissions Team with any questions.

Good luck and Hook ’em!

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