Tag: mba (page 3 of 11)

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.

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!

Student Spotlight: Daniel
Hinkson, MBA at Houston Class of 2021

For Daniel Hinkson, a veteran MBA at Houston student, a degree from Texas McCombs is a way to transform his military experience into a successful career in business.

From the Army to the Business World

Photo of Daniel Hinkson

“Following my transition out of the Army, I realized my peers in the corporate sector had significant business experiences and knowledge I lacked. Conversely, the knowledge and experiences I had in the Army were vast and invaluable, but I felt a needed to close the business knowledge gap.”

After graduating from the United States Military Academy in 2012 Daniel commissioned as a Field Artillery Officer in the Army. He got married and then moved six times in six years, including two tours in Afghanistan. His career is most notably highlighted by his time serving as an Army Ranger in the 75th Ranger Regiment. Now, Daniel has transitioned out of the Army and works as a Project Engineer for Enerflex Ltd. 

“The military exposes leaders to a vast number of different personalities and backgrounds. It is the ultimate melting pot of societies coming together to be greater than themselves. The McCombs School of Business strives for this same type of diverse unification in support of greater purpose, even to change the world.”

Balancing Work, Life and Family

The biggest advantage of the Working Professional MBA program for Daniel has been the alternating weekend class format that allows him to prioritize family time with his wife and two young children.

Daniel with his wife and kids outside of the McCombs School of Business building in Austin Texas.

Daniel with his wife and children on campus at UT Austin .

“Like many looking to advance their careers through an MBA, I was not ready to pursue a full-time education. The MBA at Houston program offered me the greatest flexibility while still providing an interesting and challenging curriculum. The every-other-weekend format also allowed for decompression time that I could dedicate to my family.”

Daniel’s “Why McCombs?”

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Student Spotlight: Jonathan Razack, MBA at Dallas/Fort Worth Class of 2021

As a 17-year-old high school graduate, Jonathan (Jon) Razack was faced with the universal life decision of what to do next. He had a goal of joining  the military; however, his parents encouraged him to take a different direction. Below, he tells the compelling story of how he was able to make both paths work for his future, eventually landing at Texas McCombs.

Jon Razack

Jon Razack, MBA 2021

The American Dream

Jon was born in Fort Worth to immigrant parents who came to Texas hoping to find new opportunities. Eventually they became naturalized U.S. citizens and started a business where Jon worked as a teenager. Upon graduating high school, he was at a crossroads: should he follow the route of heading to a traditional college, as his parents always wanted, or follow his dream to go into military service?

I learned the meaning of a strong work ethic from my parents who bootstrapped capital to start their own business. I gained a big appreciation for how much work it takes to own your own business. My parents are my heroes, and while I always wanted to be in the U.S. Army, college was really important to them, especially as immigrants.

Jon eventually chose to attend college at the  Virginia Military Institute, where he studied economics and business. He didn’t give up on his military dream, but instead put it on hold just a little while, deciding to prepare himself for business success with a degree before enlisting in the military. After graduation he became an infantry officer, fulfilling his dream and starting a new chapter of his life in the U.S. Army.

Military Life

In 2011 Jon became a Ranger qualified Infantry Officer, leading specialized teams of Paratroopers, from groups of less than 10 up to 200.

two soldiers holding an American flag

Jon Razack’s team during his time in the military.

After spending five years in this role, Jon retooled his skill set and spent his last two years in the Army as a Battalion Senior Intelligence Officer at Fort Lewis, Washington. From there he began to look at industry options outside of the military where his problem-solving and leadership skills would transfer. This eventually led to his career transition back in Dallas.

Transition was surprisingly easier and harder in some respects. I was away from home for 12 years doing a lot of traveling, so I was ready to come back home.

As soon as he got out of the military, he was recruited for the Leadership Development Program at CoreLogic, where he worked in Product Management and did internal consulting for company process optimization. Eventually, he was leading his own sales team.

I liked sales because it was similar to the leadership skills I used in the infantry for over five years. I had the right mentorship, and it made my industry transition so much easier.

To Jon, one of the biggest reasons why he enjoyed his time at CoreLogic was because of the mentorship. He says his mentors took time to help him apply his military skills towards both the training program and his current job as Director of Operations for CoreLogic’s mortgage business. After two years of working there, however, Jon knew that his transition still needed an extra push.

I’ve always known that I’d be needing an MBA to bridge the seven year gap I didn’t spend in an industry. I had developed leadership and problem solving skills from my time in the Army, but I needed to learn how to apply that conceptually in the business world and accelerate my learning curve.

Jon’s MBA Journey

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How to Have a Successful MBA Interview

We understand that if you are planning to apply this application cycle , you 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?

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.

Interviews Are Invitation Only 

Currently, all interviews are being conducted virtually.

Full-Time MBA Program Interviewers
For our Full-Time MBA program, interviews will be conducted by a current MBA student, MBA Alumnus, or MBA Admissions staff.

Working Professional MBA Program Interviewers
For our working , 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.

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!


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.

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

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

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

Elsa Wright, Texas McCombs MBA ’21

Getting Her MBA

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Pivoting to Online Learning

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

 

Standardized exams like the GRE, GMAT, EA, TOEFL & IELTS help us to evaluate a candidate’s academic preparedness for the rigor of business school and is one metric used to compare candidates within a large pool of applicants.

In addition, studying for and taking the exam – for some, even taking it multiple times can show the admissions committee your commitment to the competitive business school application process and how you may approach academic challenges as a student. 

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

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

Who is eligible for a COVID-19 test waiver? 

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

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

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

How do I request a COVID-19 test waiver? 

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

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

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

How does a test waiver impact my application? 

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

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

Academic History 

Does your undergraduate or graduate transcript accurately reflect your academic ability? If your GPA is low, and you do not submit a GMAT or GRE score, the admissions committee may have concerns about your ability to succeed in the rigorous MBA curriculum.  

One other factor to consider is whether or not your quantitative ability shines elsewhere in your application. While many of our MBA students come to McCombs from non-quantitative majors, these applicants are typically able to prove their quant prowess through the GMAT or GRE. If you come from a non-quantitative background and qualify for a test waiver, you will need to find other areas within your background or experience that can demonstrate your quantitative skills. At the end of the day, we want to make sure that you are set up to succeed academically in the program. If the admissions committee has concerns about your quantitative ability, it may impact your chance of admission, or you may be required to complete pre-MBA coursework prior to admission and/or prior to enrollment.  

Work Experience 

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

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

Career Goals 

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

Scholarships 

Scholarship awards are competitive and limited in number. Scholarship decisions are based on a longstanding holistic review process that takes into account your entire application and serves to assess the overall strength of your candidacy, including readiness for academic rigor, career goals, leadership potential, and fit with our program culture. Submitting an application without a test score may limit the information available to award a merit-based scholarship  

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

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

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

Final Thoughts on the COVID-19 Test Waiver

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

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

When Should You Submit Your MBA Application?

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

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

Timing is a key factor in your overall application strategy. A lot of details go into deciding which round to apply, and one answer is not right for everyone. So, let’s break it down by round so you can get a clearer picture of when might be the best time for you to hit “Submit.”

Round One

Round 1 is a good choice for a couple of reasons:

  1. It is our first priority scholarship deadline– If you want to be considered for all merit-based scholarships, Round 1 is your best shot. As each round closes, our scholarship funding pool decreases.
  2.  All of our spots are still available! Plus, historically we’ve received fewer applications in R1 than in R2.

But, the best piece of advice for any round is that you should NEVER rush to submit your MBA application simply to take advantage of “more spots” or “more funding.”  Once you submit your application, you cannot “re-submit” a stronger application in a later round for the same term of entry. If you skip important preparation, including a formal test prep, articulating your “why MBA,” or conducting research just to be able to submit in Round 1, you could end up with a test score and application that doesn’t reflect you at your best.

In any case, submitting in Round 1 might not be a good idea, especially if you know that you can improve a component of your application. Waiting to apply until all aspects of your application are strong is always the best approach.

Round Two

Applying later is okay, too! If we filled up the class in Round 1, the Admissions Committee might be out of a job by February. Round 2 is traditionally our largest round, and receives many strong applicants. Scholarships and fellowships are still available and all information and data included in your application help the Admission Committee allocate scholarship awards. In short: A strong application will stand out in any round.

Round Three

Round 3 tends to be a smaller round. Many applicants in Round 3 simply didn’t realize an MBA was an option or on their radar until later in the application cycle. Historically, we always have spots available in Round 3 (which is why we have a Round 3), but each year the number variesWe can’t say it enough– A strong, complete, well-researched application always stands out.

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

Round Four

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

Before you hit “Submit,” points to keep in mind:

  • Submit your application only when you’re 99.9% ready. Supplemental application materials submitted after a round deadline are risky, since there is no guarantee the Admissions Committee will see them. Once your file is read, we will not re-review again based upon new information received post-deadline.
  • Don’t wait until the last minute! We are not able to accept applications submitted after 11:59pm CT on the day of the deadline. Technical difficulties plague applicants every round, every year. Stay aware of deadlines the best you can, so you don’t become a cautionary tale. In the interest of a fair process, we don’t make exceptions to our deadlines, no matter what reason you have for a late submission.
  • Be patient. The Admissions Committee does not begin reviewing applications until the round deadline has passed. In other words, you might be far ahead and submit your application in August, but we won’t begin reviewing any submissions until after the Round 1 deadline in October.
  • The Admissions Committee does not provide individual feedback on applications, out of fairness to all applicants and due to the volume of requests we receive.

If you feel good about your application, we encourage you to apply but if you aren’t ready yet (i.e.: You need to retake your GMAT/GRE, rework your essay, or wait for a promotion at work to come through), don’t risk it– wait until you’re confident in your application before hitting the “Submit” button.

We look forward to reviewing your application this year, and are always here to answer your questions about applying. Hook ’em!

Considering Your MBA
in Uncertain Times

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

Dave Jackson Headshot

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

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

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

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

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

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

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

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

Here are a few things to consider:

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

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

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

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

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

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


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Finding Love at Texas McCombs

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

An Impromptu First Date 

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

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

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

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

Abhisikta and Aneesh Wedding Photos

Abhisikta and Aneesh during their wedding celebration.

Abhisikta & Aneesh Wedding

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

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

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

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

Interviewing Your Future Husband 

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

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

Caitlyn and Jon wedding photoPhoto by Creatrix Photography.

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

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

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

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

Caitlin and Jon wedding photo.
Photo by Creatrix Photography.

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

Summer Love Turned Forever

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

Laura and John at graduation.

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

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

launa and john

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

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

Launa and John on their wedding day.

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

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

#FultonFloresMerger

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

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

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

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

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

Cassie & David Wedding Photo

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

Out of the Friend-Zone 

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

Kinza Azmat and Nishanth Ramesh

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

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

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

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

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

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

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

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

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

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

Kinza Azmat and Nishanth Ramesh

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

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

An Adventure in Love

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

Lis Reed and Peter Mahome

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

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

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

Lis Reed and Peter Mahome

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

Best wishes to all our McCombs couples! ❤️

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