Texas McCombs MBA Insider

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Executive MBA New York City Immersion: Changing for the Best

January 10, 2022 / / Comments Off on Executive MBA New York City Immersion: Changing for the Best

Each semester the Executive MBA program hosts an off-campus, Immersion class weekend, to provide opportunities for in-depth experiential learning. The first Executive MBA Immersion took place in New York City in November 2021, and the remaining Immersions for the EMBA Class of 2023 are currently planned for Dallas, Washington DC, and the Austin-area Hill Country. Each is linked to course content and includes executive/company visits, alumni networking, cultural experiences, and time to network and bond with classmates. Immersions provide real-time, real-place exposure, and direct application to what Executive MBA students are learning in the classroom. Read more about the Executive MBA Immersions here.

The MBA Insider content below comes from Lexy Scheen, EMBA ’23. She writes about her experience during the inaugural Executive MBA Immersion weekend in New York City.

One definition of immersion is “deep mental involvement.” There really is no better description of the 3-days our Executive MBA cohort spent together in New York City.

The learning theme of the weekend was “Leading Planned Change.” Fitting, as I believe my classmates will agree that we have all changed so much in the three short months we’ve been together.

A jam-packed first day began with a Veteran’s Day celebration. We honored the four veterans in our group and visited The Intrepid Sea, Air, and Space Museum Complex.

students standing in front of the Intrepid ship

A change simulation took place Thursday afternoon. Led by Dr. Luis Martins, our study groups had spirited discussions around best practices for implementing company transitions. We ended the day with the privilege of meeting and hearing from an incredible panel of top corporate executives across many industries. Many of our speakers were former longhorns and were in our Executive MBA shoes not too many years prior. They are proof that hard work, dedication, and being just crazy enough to go back to school while balancing full-time careers, and families pays off in the end.

Students working at a table

Executive MBA students work in teams to compete in a change management simulation hosted by Professor Luis Martins as part of their Leading People and Organizations course, held during their first immersive experience in New York City at the American Management Association, Thurs Nov 11th.

Despite many Executive MBA ’23 songbirds karaoke-ing until the wee hours, the group rallied for the portion of the agenda we likely dreaded the most; improv class. But, as with most things in life we stress over, improv class turned out to be a huge hit and a major topic of discussion for the remainder of the weekend. It reminded us of the art of listening, which came in handy as our speaker series continued into Friday afternoon. Professor Steve Limberg brought financial reporting to life through discussions with Blue Apron and Moody’s.

students in a circle with their hands in the air

Executive MBA students developing communication skills while engaging in Improv for Business Leaders during their Executive Seminar course, led by Professor Angie McDermott and co-led by the Executive MBA Career Management Team Sarita Soldz and Alma Moore.

Saturday morning, we turned to a conversation with Paul Levy. Levy’s impressive transformation of Beth Israel Deaconess Medical Center is a case we have been studying all semester. The access to such a profound list of leaders is a tribute to the dedication of the McCombs faculty who are ingrained in these experiences with us.

TK

Executive MBA students after speaking with distinguished guest Paul Levy hosted at UTNY Campus as part of their Leading People and Organizations course led by Professor Luis Martins on Saturday, Nov 13th.

Early in the year, we learned from Professor Angie McDermott that, “what got us here won’t get us there.” This immersion drove that point home. To be effective and engaging leaders, we must be honest, transparent, and collaborative. Luckily, it’s become clear those three attributes are stamped into the DNA of this amazing group of individuals. In three short months, we’ve helped each other through business problems and trusted each other with very personal conversations. We’ve enjoyed the social side just as much as the classroom through dinners, happy hours, and Broadway show nights. This is a special group. Everyone has a seat at each other’s table.

I am honored to be part of the EMBA ’23 cohort, grateful to learn alongside them, and eager to see how much transformation takes place over the next eighteen months.

The UT motto is “What Happens Here Changes the World,” and what happened in New York City changed us all into better leaders, and people.

Hook ‘em!
Lexy Scheen, EMBA ’23

Learn more about the Texas McCombs Executive MBA on our website, and contact us with any questions at TexasEMBA@mccombs.utexas.edu. Sign up to receive Executive MBA news here, and register for an Executive MBA event to meet admissions and program staff, current students, and alumni.

The Executive MBA program application is open for Fall 2022 enrollment. The next deadline is February 15, 2022, and the final deadline to apply is June 15, 2022.

woman sitting down using a laptop. an orange banner reads "Reapplying to Texas McCombs"

How to Reapply for Your MBA

October 12, 2021 / / Comments Off on How to Reapply for Your MBA

With each new admissions cycle, questions come in from those who have applied in the past about applying again to join the next class of Texas McCombs MBAs. 

First, having applied in a previous year is not considered a negative factor in your application. We are pleased to see your continued interest in the program and will evaluate your new application on its merits and in the context of the new applicant pool, just as if you are applying for the first time. Below is an overview of important info and tips for reapplying to the MBA program that we hope you find helpful.

Application

All candidates reapplying are required to complete a new application, new essays,  a new resume, and pay the application fee. Our essay prompts can change from year to year, so copying and pasting your essay responses from a previous application cycle is not recommended. In addition, rewriting your essays shows effort!

Review essays and application components for:

Official Transcripts

We keep your official transcript on file for one year. You will need to submit your transcripts again if you have taken any additional coursework or if you applied more than one year ago. You can always review your application status on the “MyStatus” page to make sure you have current transcripts.

Test Scores

GMAT  and GRE  scores are also kept on file for one year and overall, scores are valid five years after the date the test is taken. For TOEFL scores, this period is two years. The McCombs Admissions Committee considers only the highest total submitted score in the evaluation of applications.

Recommendation Letter 

Although not required, we suggest you submit a new letter of recommendation. Determine if another recommender may provide a more current, insightful, and thorough perspective on your experience. If you choose to submit a prior recommendation, you will need to email MBA Admissions with a request to resubmit.

How Have You Improved?

While completing your application, you will be asked, “Since your previous application, what steps have you taken to enhance your candidacy?” The Admissions Committee reviews this answer closely so please ensure that you spend time reflecting on and explaining these improvements.

Choosing to re-apply to the MBA program shows perseverance and dedication. We encourage you to consider giving yourself a fresh start when you approach your new application. Think through and reassess your application, address any weak areas, and add new information that may be helpful in the admission process.

Please reach out to us at TexasMBA@mccombs.utexas.edu with any questions. We look forward to receiving your new application.

Good luck and Hook ’em!

photo of 4 stacks of gold coins with a grad cap. Words read Funding Your Full-Time MBA

Full-Time MBA Scholarships & Financial Aid

September 17, 2021 / / Comments Off on Full-Time MBA Scholarships & Financial Aid

We understand that pursuing your MBA at a top school is a big investment in your future. Our Full-Time MBA is proud to have consistently been named a Best Value among Top 20 MBA programs by U.S. News & World Report. Austin has also been named one of the best places to live and work in the U.S. and rated in the Top-5 Best Places to Live by U.S. News & World Report for 5 years in a row.

To make your MBA future even more attainable, the Texas McCombs MBA 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 you navigate your MBA application process.

Recruiting Scholarships

graphic that reads 63% of the Full-Time MBA Class of 2023 received scholarship offers

Texas McCombs does offer some recruiting scholarships, including cash awards and out-of-state tuition waivers. 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.

Texas McCombs designates the first-round application deadline as the priority deadline for scholarships and fellowships.

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, 63% of enrolled Texas McCombs MBA students received scholarship offers, and those who accepted merit-based recruiting scholarships received awards ranging from $5,000 to full tuition.

For International candidates, 70% 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, 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, students are invited to apply for 2nd Year MBA Scholarships. These awards, given by the McCombs School of Business through the generous support of individual donors and corporate supporters, typically range anywhere from $1,000-$5,000. The 2nd Year Scholarship awards are given based on academic performance, leadership, and involvement during their first year in the program, as well as financial need.

Institutional Scholarships

The UT Austin Office of Financial Aid administers institutional endowed scholarships for continuing students that first-year MBAs may qualify for, beginning in November of your first year. You may be eligible to apply, but please 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. To determine your eligibility you must complete a Free Application for Federal Student Aid (FAFSA). The FAFSA for the 2021-2022 school year will be available October 1, and Texas has a priority deadline of January 15. At the latest, it is recommended that you have your FAFSA completed by June 1. Students who are eligible to complete the FAFSA are U.S. Citizens, Permanent Residents, and other eligible non-citizens. Please watch this two-minute video for help with the financial aid application process.

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.

The Texas McCombs MBA Financial Aid team cannot recommend any private loans but will work with all banks and lending institutions once you’ve been approved.

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 and let us know if you have any questions.

Visit Texas McCombs MBA to find out more about all our programs, submitting your application, and upcoming events. Hook ’em!

photo of woman at a laptop with an orange banner that reads "The MBA Application Building Your Resume"

How to Highlight Your Work Experience

September 17, 2021 / / Comments Off on How to Highlight Your Work Experience

This MBA Insider content comes from Sharon Barrett, Director of Working Professional & Executive MBA Admissions.

When evaluating your application, our MBA Admissions Committee aims for a complete picture of your qualifications and fit with the program. It’s all about perspective. We look  at your application as if we are holding a scale, balancing all the parts.

When considering the specific experience on your resume, on one side there’s a raw number of years (Quantity), and on the other is your job experience (Quality).

Quantity

Say that you are the CEO of a mid-size corporation. Wonderful!  Oh, you just started in this position? That’s an amazing accomplishment, but perhaps you’d still admit that your knowledge and expertise in such a new position wouldn’t be as developed as someone who’s been doing it for a few years.

Or maybe you have been in the same job for 10 years.  Wow!  No doubt you are a go-to person when it comes to that role, but could it mean that perhaps you didn’t take as much initiative or demonstrate the leadership qualities required to launch you to the next level? Or perhaps you have only had a project manager role for a year, but in that time you’ve produced measurable results and demonstrated leadership.  In these cases, the quality of your work experience matters more.

Quality

A general job title like “Project Manager” may seem lackluster, but could actually be pretty exciting.  Don’t let us make assumptions. Take every opportunity on your application to illustrate just WHAT about your job made your experience rich and rewarding.

On the flip side, a Chief Operating Office title sounds impressive, but what kind of company did you work for and how extensive were your duties?  An impressive title with naught to back it up won’t move the needle in your favor when it comes to work experience.

The take-away on work experience:  Years, titles, and accomplishments are not, by themselves deciding factors. To help you provide us with a clear picture, here are our top tips for highlighting the quality and quantity of your work experience on your resume:

Blue graphic that reads 7 Tips for a Better Resume

  1. Tailor Content – You may have heard the adage that your resume should be tailored to your audience, which is true. But customizing your resume may simply entail reordering or swapping out bullet points. Remember, a resume is a summary of your relevant experience, not necessarily all of it.
  2. Emphasize Results – We don’t just want a summary. We want to know whether you generated results from your work.  If the person replacing you could copy and paste your resume bullet points into their resume, that’s probably a sign your bullet points need to better emphasize your individual contributions in the role.
  3. Avoid Redundancy – Think of each line on your resume as a valuable piece of real estate. Consider the incremental value that each line on your resume provides for you as a candidate. If you have performed the same task in multiple roles, is it necessary to list that same task more than once on your resume? Likely not.
  4. Show Balance – We want to see a “balanced” candidate – someone who has been strong in the classroom and in the workplace while participating in extracurricular activities and having unique interests outside of work. Consider creating an “Additional” section to detail your activities and interests for use as a potential conversation starter.
  5. Utilize White Space – Great resume content can only be great if a reader can easily access it. That’s where resume readability comes into play. Don’t forget to use your white space effectively. A resume is not about cramming as much you can onto the page. Rather, give your content some space to breathe.
  6. Enlist Proofreaders– Perhaps the most important element of a resume is that it is free of errors. A single spelling, grammatical, or formatting error can hurt even the most impressive resume. Have multiple individuals proofread your resume.
  7. Convey Personal Brand – What do you think of when you think of great global brands like Apple, Nike, or Google? What words come to mind? Now, when we read your resume, what words do you want to come to mind about you? Have a peer give your resume a 30-second review and see if the words you want to pop for a reader, actually do.

Remember, your resume is important, but it’s only one data point for you as a candidate. Years of work experience give only one sense of you as a candidate, so use your resume to make the quality of those years really stand out.

Visit Texas McCombs MBA to find out more about all our programs, submitting your application, and upcoming events. Hook ’em!

Texas McCombs MBA Admissions News

Full-Time MBA Application Deadlines, New Testing Options, and Essay Topics

June 14, 2021 / / 2 Comments

This post comes from the desk of Rodrigo Malta, the Managing Director of MBA Recruiting and Admissions at Texas McCombs. As an alumnus of the MBA program and passionate ambassador for McCombs and Austin, Rodrigo is excited to share the latest admissions updates for the 2021-2022 Full-Time MBA admissions cycle  with you below.

 

Application Deadlines

Please mark your calendar for the dates below to be prepared for the upcoming application cycle.

Round Application Deadline Decision Notification
1 October 12, 2021
(priority deadline for scholarships & fellowships)		 December 16, 2021
2 January 6, 2022 March 24, 2022
3 March 29, 2022 May 5, 2022

The 2021-2022 Full-Time application will open summer 2021. To be among the first to know when the application is open, please be sure to sign up for our email announcements.

 

New Testing Options

All Full-Time MBA applicants are required to submit test scores with their application. Beginning this year, in addition to the GMAT and GRE, Texas McCombs is also accepting the Executive Assessment (EA) as a test option, as well as expired scores.

Accepted Scores:

  • A valid GMAT, GRE, or Executive Assessment (EA) exam score.
  • An expired (5 years or older) GMAT, GRE, or Executive Assessment (EA) exam score.

For details on accepted scores, school codes, and all other components of the application, please review the application process.

 

Essay Topics

Our essay topics for this application season have been confirmed. We strongly recommend planning for your essays in advance and being thoughtful about your answers. Take advantage of this opportunity to tell us about yourself and why McCombs in your own words; Review the 2021-2022 essay topics now.

 

Get to Know Rodrigo Malta

Rodrigo Malta Headshot

Rodrigo Malta, Managing Director of Texas McCombs MBA Admissions

Rodrigo was born and raised in Brazil and moved to the U.S. in high school. After earning his bachelor’s degree in management and working for a large telecom company in Kansas City, Missouri, he obtained an MBA at Texas McCombs. During his time as an MBA student, Rodrigo volunteered with the McCombs Ambassador Committee (MAC), which assists the admissions team with campus visits, interviews, and helping prospective students learn more about Texas McCombs and the application process. Rodrigo secured a marketing job at Dell post-MBA, but his passion for MBA admissions eventually led him back to his current Managing Director role, which he describes as his “dream job.”

If you have not had the chance to connect with Rodrigo or other members of the MBA Admissions team, we hope to meet you at an upcoming event.

We will be posting updates and tips throughout the admissions cycle.  If you have any questions we can help with now, please contact the MBA Admissions team.

Hook ’em!

*Update 6/17/21: A previous version of this post listed incorrect dates for “Decision Notification” and has been corrected.

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