MBA ROI – Texas McCombs MBA Insider

You’ve been in the game for a while, building your expertise and making your mark. Now it’s time to make a change. Welcome to the Texas McCombs Executive MBA program, designed for seasoned professionals with robust leadership experience, and a place to enjoy the benefits of an internationally ranked business school without losing any career momentum. Through a blend of dynamic, in-person classroom sessions and experiential learning opportunities, the program equips executives with the knowledge and insights necessary to address complex business challenges confidently. Here, we embrace the Texas motto of friendship, fostering a strong sense of camaraderie and placing emphasis on connections and bonds forged within the McCombs community in Texas and around the country. Let’s explore the top 5 reasons why pursuing an Executive MBA at Texas McCombs can be your catalyst for unparalleled career advancement and personal development.

#1. Connect with a Community of High Impact Business Leaders Every Month

At the heart of Texas McCombs lies a culture that thrives on three core principles: curiosity, courage, and community. This program fosters a mindset of perpetual curiosity – a hunger to explore new ideas, industries, and perspectives. With courage as the compass, students are empowered to step beyond their comfort zones, embracing challenges as opportunities for growth. And through our tight-knit community, forged through shared experiences and collaborative learning, connections are cultivated that extend far beyond the classroom.

The McCombs Executive MBA program places more emphasis on leadership and strategy, preparing students for conversations with high-level leaders and board members. We go beyond traditional business education by integrating a dedicated leadership development class into our curriculum starting day one. This class provides students invaluable time and specialized resources to sharpen their leadership abilities, something that may be difficult for seasoned professionals to incorporate into their busy lives. By prioritizing leadership development and providing a supportive environment for growth, the Executive MBA program ensures students are equipped with both technical and interpersonal business acumen, as well as the management-skills successful executives employ to drive positive change in their organizations and beyond.

**#2. Enjoy an Unrivaled Return on Investment (and Interactions – in Austin, New York, Dallas, and DC!)**

When considering the return on investment (ROI) of pursuing an Executive MBA, Texas McCombs stands out as an unrivaled choice, offering a unique blend of tangible and intangible returns. Ranked No. 15 among Executive MBA programs (U.S. News and World Report, 2024), Texas McCombs boasts a stellar reputation for delivering exceptional quality education equipping you with the skills and insights needed to thrive at the highest levels of leadership in today’s competitive business landscape.

The return on investment is more than financial achievement. Here, it’s also about forging enduring relationships within a unique cohort, finding support through life’s milestones, and becoming a part of a vibrant community where classmates contribute to each other’s personal and professional growth. The Executive MBA experience is designed to maximize the return on interactions, offering a variety of opportunities to engage with peers and alumni across all Texas McCombs MBA programs through tailored programming. Executive Immersions, available solely in the EMBA program, engage executives with McCombs’ network in key locations such as New York, Dallas, DC and abroad! With a network boasting over 100,000 McCombs alumni worldwide, students gain extensive exposure to various industries, geographics, and backgrounds, enriching their learning experience and networking opportunities.

Through these interactions, students gain a wealth of perspective, experience, and insights that enrich their learning journey and broaden horizons. Whether collaborating on group projects, engaging in discussions, or networking with industry leaders, every interaction becomes an opportunity of growth and discovery. This exposure enriches the learning experience and enhances marketability, positioning students for accelerated growth and success.

#3. Gain Career Momentum and Mobility

For many Executive MBA students, the decision to pursue advanced education stems from a desire to propel their careers forward, to break free from stagnation and pursue new opportunities. We’ve witnessed countless success stories from students who have not only enhanced their current roles but also made significant career transitions, switching functions, industries, or companies.

Take, for example, the Executive MBA Class of 2023, which saw a roughly doubled the number of people in executive roles within three months of graduation. Within the same time, 69% of the class achieved employment change, primarily driven by job level promotion.

These achievements underscore the effectiveness of our general management curriculum, which equips students with the business acumen and strategic mindset necessary to navigate complex challenges and seize emerging opportunities. By fostering a culture of empowerment and instilling a growth mindset, students gain the confidence and skills needed to chart new paths and embrace change mid-career.

#4. Networking, Networking, Networking

Networking is the cornerstone of success in today’s interconnected business landscape, and at Texas McCombs, immersive experiences are critical to fostering meaningful connections. Executive MBA students participate in seven dynamic Executive MBA immersions strategically spread throughout the duration of the program and designed to enhance academic learning and cultivate a strong sense of community in the cohort. From bustling cities like New York and Dallas to international destinations, each immersion blends coursework with real-world experiences, executive speakers, and networking opportunities.

The connections made during the program not only open doors to new career opportunities but also enrich the learning experience by bridging theory with real-world insights. Whether forging partnerships or seeking mentorship, the network built at Texas McCombs extends far beyond graduation, serving as a lifelong resource for growth and support.

#5. Experience a Breadth of Resources at Your Fingertips

Beyond the classroom, Texas McCombs is committed to nurturing the next generation of leaders through a comprehensive range of resources and developmental opportunities. Our two-year curriculum is meticulously crafted not only to impart knowledge but also to cultivate essential leadership skills.

In addition to our embedded leadership course, our program offers a comprehensive suite of resources, including career and specialty coaching (including topics on leadership, communication, emotional intelligence, managing teams, and setting priorities), as well as our prestigious Leadership Fellows program through McCombs+. Texas McCombs+ provides experiential learning and global programs designed to grow influential business leaders through action-based co-curricular and academic initiatives. These offerings, combined with other opportunities like the Capstone project, provide tailored support and personal and professional growth, ensuring every student emerges from the program equipped to lead with impact.

Why Executive MBA?

The Texas McCombs Executive MBA program offers seasoned professionals the opportunity to advance their careers while maintaining their momentum. With a curriculum designed to foster leadership and strategic thinking, coupled with a tight-knit community that embraces the Texas motto of friendship, the program provides a transformative experience that transcends traditional education. From immersive classroom sessions to invaluable experiential learning opportunities, Texas McCombs equips executives with the skills, insights, and connections needed to confidently tackle complex business challenges. With a strong return on investment, a focus on maximizing interactions, and a commitment to fostering career momentum and mobility, the Executive MBA at Texas McCombs opens doors to new possibilities and propels students toward their professional goals. So, is it worth it? Without a doubt. Dare to take that leap, embrace the journey, and unlock the endless possibilities that await.

Visit Texas McCombs MBA to learn more about our programs and upcoming events or take a peek into student life on Instagram. For any inquiries, don’t hesitate to reach out to the MBA Admissions Team. We look forward to connecting with you on your journey to success.

Hook ‘Em!

We understand that pursuing your MBA at a top school is a big investment in your future.  As you explore ways to further your education and accelerate your career trajectory, we invite you to think about defining your own  return on investment (ROI).  Are you looking for a promotion or salary increase?  Or are you searching for a new challenge or a way to align your personal and professional aspirations? It may be all of the above, so define your ROI as you consider an MBA for your academic and professional future. 

Texas McCombs is ranked No. 20 and is one of the most affordable MBA programs compared to the other top 20 programs in U.S. News and World Reports Top 20 Business Schools of 2023. Tuition is $52,550 for Texas Residents and $58,720 for residents out-of-state.

To make your MBA future more attainable, Texas McCombs provides financial assistance to many students to help cover the  cost of education. The most common financial assistance comes in the form of student loans, but other options may help fund your MBA. We invite you to review the options below to help facilitate your personal ROI for your MBA. 

Recruiting Scholarships

Texas McCombs offers merit-based recruiting scholarships funded through the generous support of individual donors and corporate supporters. All applicants are automatically considered for recruiting scholarships during the admissions review process. Recruiting scholarships are offered to domestic and international candidates who demonstrate a superior record of academic merit and professional accomplishments. 

The MBA Program’s scholarship funding varies from year to year, thus the percentage of students who receive scholarships will also vary from year to year.  This past admissions cycle, 77% of Admitted Full-Time MBA students received scholarship offers.  Scholarships range from $2,000 to full-tuition awards. 

For International candidates, 86% of enrolled students received scholarship offers. 

In tandem with our recruiting scholarships, McCombs partners with Bay Area for McCombs, Consortium for Graduate Study in Management, Teach for America, Forté Foundation, and Reaching Out MBA to allocate selective scholarship and Fellowship designations to top admitted candidates. 

2nd Year Student Scholarships

At the end of the first year, Full-Time MBA students are invited to apply for a continuing student scholarship for their second year. These awards typically range anywhere from $1,000-$5,000. The 2nd Year Full-Time MBA Scholarship awards are given based on a student’s academic performance, leadership, and involvement during their first year in the program, as well as financial need. 

Institutional Scholarships

The UT Austin Office of Scholarships and Financial Aid (OSFA) administers institutional endowed scholarships for continuing students. First-year MBAs may qualify for these scholarships and can begin applying in November of their first year.  Students should review the specific criteria and application procedures carefully and reach out to McCombs Financial Aid with any questions. 

Federal Loans

Many students are eligible for federal student loans and, in some cases, grants. You must complete a Free Application for Federal Student Aid (FAFSA) to determine your eligibility. This year, the FAFSA for the 2024-2025  school year will be available in December 2023 with a priority deadline of March 15, 2024. It is recommended you have your FAFSA completed by June 1, 2024. Students who are eligible to complete the FAFSA are U.S. Citizens, Permanent Residents, and other eligible non-citizens.

Private Education Loans 

Private/alternative loans are not offered by federal or state governments. As a result, the terms of the loan will vary from lender to lender. If pursuing a private loan, check with your lender about the length of time your application will remain valid to ensure your approval won’t expire before you actually start the program. 

For ethical reasons, the McCombs MBA Financial Aid team cannot recommend any private lenders but will work with all banks and lending institutions once you’ve been approved. If you have any questions about the loan, please contact the lender.  

Loans for International Students 

For international students, there may be private loan options, with or without a U.S. citizen or permanent resident co-signer. (Note: We, as The University of Texas at Austin, cannot be your co-signer, nor can we recommend any specific lenders.) The student-run International MBA Student Association (IMBASA) is a good resource for information about pursuing an MBA as an international student. You are encouraged to reach out to IMBASA with any questions. 

Most students finance their MBA education using multiple sources— a combination of personal savings and loans and, in some cases, scholarship funding. Before you apply to business school, do research on how to finance your education, please reach out to the MBA Admissions Team with any questions.

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 Texas McCombs MBA.

Good luck and Hook ’em!

Texas McCombs MBA Insider