Texas MBA – Texas McCombs MBA Insider

Tag: Texas MBA (page 1 of 10)

5 Reasons to Pursue an Executive MBA at Texas McCombs

April 23, 2024 / hrc754 / Comments Off

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!

FIRST-GEN FORWARD - Eric Martinez MBA '24

First-Gen Forward: Navigating the MBA Admissions Process – Q&A with Eric Martinez

April 19, 2024 / Texas MBA Admissions / Comments Off

First-generation (or first-gen, for short) college students are students whose parents or guardians have not had the opportunity to complete a bachelor’s degree in the United States. Many students whose parents have degrees from outside of the U.S. also identify as first-gen. First-Gen Longhorns—including first-gen faculty and staff—are a fundamental part of our campus and a strong and proud part of the UT family. There are almost 10,000 first-gen college students currently enrolled at the University of Texas. That’s one in four students!

My name is Eric Martinez, and I am a member of the Texas McCombs Full-Time MBA Class of 2024. At McCombs, I was happy to have had the opportunity to contribute to student organizations that promote inclusion in our community and the workplace, such as the Consortium for Graduate Study in Management, where I served as one of three liaisons, and the Engaged Queer and Ally (eQual) MBAs, where I served as co-president.

What were you doing before pursuing your MBA?

Prior to pursuing my MBA, I worked at a nonprofit association committed to advancing the field of neuroscience. While there, I gained skills in a variety of roles across program administration and digital strategy.

Where were you located before coming to Austin, TX?

Before coming to Austin, I was living in Washington, D.C.

What was your main motivation for pursuing an MBA?

After witnessing layoffs at my company in the fall of 2020, I revisited the idea that furthering my education would strengthen my candidacy for any job I might have in the future.

Having only ever worked in the nonprofit sector, I was originally interested in pursuing a Master of Public Administration but, upon doing more research, I learned the MBA could pivot my career altogether and give me the chance to work in a new sector I have never worked in before.

Why did you choose Texas McCombs for your MBA?

As a Houston native, I’ve always loved visiting Austin. So, when I sat down to do my initial research on MBA programs, I was excited to learn McCombs had one of the best MBA programs in the country.

Later, when I started to engage with members of MAC, I found students were going the extra mile to connect me with their classmates who shared similar backgrounds and career interests as me. Their transparency about their experiences in the program, their friendliness, and their willingness to help a stranger were very much appreciated.

Separately, it was easy to picture myself getting along with them both in and outside of the classroom.

Can you describe your experience applying to MBA programs as a first-gen student?

From beginning to end, applying to MBA programs was almost a two-year process for me. Once I’d learned about the value of an MBA, I spent a lot of time researching how it could help advance my career in the nonprofit sector.

Somewhere along the way, as I mentioned before, I realized the MBA could help me learn skills from the tech sector that I might later in my career bring back to a leadership position in the nonprofit sector. At that point, I started looking at which programs had a proven record of placing students into careers in the tech sector. After I’d narrowed my selections down to a handful of programs, it was time to prepare for the GMAT.

I chose to take the GMAT since I had no formal background in business, and I wanted to make up for my less than stellar undergraduate GPA. I’ve since learned that the admissions committee truly has no preference between submitting a GMAT or GRE score but, at the time, it was important to me that I at least reach the median score reported by the programs I was interested in.

After months of preparation, I finally achieved a score I was happy with and moved my focus to sourcing my letters of recommendation and writing my application essays.

Throughout this process, I was fortunate to have learned about the Consortium early enough that I could apply to multiple schools using their streamlined application. In addition to paying less in overall application fees, another perk of applying through the Consortium was that my recommenders only had to upload their letters in one place rather than each of the schools’ portals.

What were some of the biggest challenges you faced during the MBA admissions process as a first-gen student, and how did you navigate these challenges?

I think the biggest challenge I faced during the admissions process was understanding the recruiting timelines MBA students were working with. Since my parents are educators, and since I didn’t study business during undergrad, I didn’t know, for example, that consulting recruiting started early in the fall of your first year and wrapped by the end of January.

So, when it came to writing application essays that addressed my plan A and plan B recruiting goals, it was difficult to know whether my plans made any practical sense. It was only through talking with current students that I started to create a clearer picture of recruiting timelines for myself.

Did you seek any specific support or resources during the application phase, and if so, what were they? How did these resources help you along the way?

During the application phase, I attended many events hosted by the Consortium and by Reaching Out MBA. In addition to learning about each of their partner schools’ offerings, their events also helped provide me with key insights into each schools’ culture. Additionally, both the Consortium and ROMBA were helpful in providing information about potential scholarships that could help me fund the MBA.

View this post on Instagram

A post shared by CGSM Texas MBA (@mccombs_cfam)

How did you approach crafting your application essays, and were there any unique perspectives or strengths you brought as a first-gen applicant?

When I wrote my application essays, I was repeatedly explaining that my decision to follow a pre-med course of study during undergrad was a mistake. If I were to write them again, I think I would more elegantly explain that it was a necessary step to finding where my true strengths lie. After all, if everybody in the program had a background in business or shared the same kind of work experience, I don’t think discussions in the classroom would be nearly as engaging (or insightful.)

Can you share any tips or advice for other first-gen students who are considering applying to MBA programs? Were there any key lessons or insights you gained from the application process that you wish you had known earlier or that you believe would be helpful for other first-gen students?

Sure! I think the biggest piece of advice I have for prospective first-gen students is to make a list of all the career paths you’re potentially interested in exploring through an MBA. Then, talk to second-year students who have completed internships in those areas, and understand the responsibilities they held in those roles as well as the recruiting timelines they had to navigate. Doing these things will help you determine 1) whether a certain path is one you actually want to pursue, and 2) whether you’ll be able to explore two paths at the same time (for example, investment banking and consulting are very time intensive during the first semester.)

Lastly, one key lesson I gained from the application process is that – even if your work experience is nontraditional – there is space for you in the classroom. Don’t shy away from your unique perspective and remember that your skills are transferable to other industries.

Good luck with the application process!

Read Eric’s feature on Poets & Quants.

Hook ‘Em!

Student Spotlight: Marion Krueger, Evening MBA ’25

April 16, 2024 / noahgraham / 2 Comments

This post is written by Noah Graham.

The pursuit of higher education can often present a challenge when balancing work, life, and school. However, for working professionals seeking to advance their careers, the Texas McCombs Working Professional programs provide students the opportunity to elevate their expertise while maintaining momentum in their careers.

Marion Krueger is an ambitious entrepreneur enhancing her career through the Texas McCombs Evening MBA program. Marion, or “MK,” is in the early stages of founding a new beverage company in Austin–Early Bird Hard Lemonade, a bold venture in the beverage industry.

Marion Krueger, Evening MBA '25 poses in front of colorful houses lining a lake.

MK chose to seek a part-time program primarily because of the flexibility of the program. She had about five years of work experience when she realized she wanted to pursue her MBA to gain leadership skills and grow in her career.

“Being five years out of college when I started the program, I found myself at an important developmental point in my career, and I didn’t want to take two full years off and sacrifice the professional growth that could have been achieved in that time. A part-time program allows students to simultaneously advance our careers while furthering our education, setting us up for even greater success after graduating.”

Marion describes her schedule as a weekly game of Tetris as she juggles her time between the Evening MBA program, her company, her life outside of work and school, and herself. She leans on her husband, a first-year law student at the University of Texas, for support. As grad students, they not only attend football games together but can empathize with each other’s experiences and provide valuable encouragement.

At McCombs, MK also found a close-knit support system through her study group and overall cohort. When the program starts students are placed into study groups, each of whom brings different backgrounds and strengths to the group. This collaborative environment enhances the learning experience and expands personal and professional networks.

“My favorite thing about the study groups is the ability to get to know a small group of classmates very well. I made two of my closest friends in the program through my first study group and then after about six months, we switched to new groups of four or five. I have been so impressed by the diversity of my classmates’ strengths and skillsets, as well as the extent to which we can lean on and trust one another for support.”

Despite the whirlwind of commitments, Marion is also involved with numerous organizations on campus including – Graduate Women in Business, McCombs Ambassador Committee, CleanTech Group, Graduate Marketing Network, and plays in the UT intermural pickleball league.

“I heard one of my classmates articulate this best, and it really stuck with me. Everyone is juggling a lot of commitments at the same time, whether it’s work, school, family, volunteering, personal wellness, or a number of other things, but when you’re spending time on something, give that activity, whatever it may be, 100%.”

MK emphasizes the importance of being present and focused while managing different responsibilities.

“If you’re in class, be paying attention – don’t be simultaneously trying to answer work emails, shop for someone’s wedding gift, or be on social media. If you’re spending time with friends, don’t constantly feel bad that you’re not studying or doing homework.

Balancing work, school, and life in general is not an easy feat, but this mindset of giving 100% of your mental energy to the task at hand has really helped me use my time more effectively and be happier as a result.”

Marion said the best thing about the Evening MBA program is being able to integrate learnings from the classroom into the workplace. She has the opportunity to explore new fields as well as a deeper dive into familiar ones.

“My favorite class so far has been Marketing Management. In part, because my pre-MBA background was in marketing, so I already had an interest in the subject. I also really enjoyed the way our professor juxtaposed quantitative and qualitative approaches to marketing topics.

For example, we discussed the concept of customer lifetime value, explored it in a case study, and learned how to calculate it mathematically. This resulted in a very well-rounded understanding of marketing fundamentals.”

To anyone who is thinking about applying to Texas McCombs, MK’s advice to any applicant is – “Don’t wait!”

Life has a funny way of throwing wrenches in people’s plans – sometimes for the worse and sometimes for the better. You’re likely thinking about applying or have already applied. If you get the chance to begin pursuing your MBA, take it!”

Hook ‘Em!

Banner on top of American flag that reads "Navigating MBA Student Veteran Funding Opportunities"

Navigating MBA Funding Opportunities at Texas McCombs as a Student Veteran

February 26, 2024 / Texas MBA Admissions / Comments Off

Student veterans bring a unique perspective to the MBA classroom, shaped by their exceptional leadership abilities and experiences gained during military service. Their backgrounds and strategic mindset contribute to dynamic learning environments and deeper discussions. For veterans considering their post-service career paths, pursuing an MBA can be a transformative opportunity to leverage their skills and experiences for professional growth and advancement. Here, we are dedicated to guiding Texas McCombs Military MBAs through this journey and providing the support they need to thrive.

Why Consider an MBA as a Veteran?

There are several compelling reasons for veterans to pursue MBAs:

Complement Leadership Skills: An MBA will expand your business and management competencies to complement the exceptional leadership skills cultivated during military service.
Develop Strategic & Analytical Thinking: MBA programs teach innovative approaches to dissecting problems and developing winning solutions that translate to strategic advantages in any field.
Job Mobility & Acceleration: An MBA credential enhances professional advancement opportunities, whether transitioning into civilian roles or seeking to further a military career. The knowledge gained through an MBA program can lead to new opportunities and accelerate career growth.
Improve Assignment & Promotion Prospects: The MBA credential demonstrates a commitment to continuous learning and personal development, positioning veterans for success in leadership roles.

Is an MBA Worth it for Veterans?

Pursuing an MBA provides veterans with opportunities to transition into business and civilian workplaces. An MBA clarifies career pathways and opens access to management-track positions that an operational background alone may not offer. The MBA also enables veterans to speak the language of business, boosting their value and versatility across industries and sectors.

Can I use VA Education Benefits?

Students admitted to VA SAA-approved programs may choose to use their VA Education Benefits. UT Austin certifies benefit requests for Post-9/11 GI Bill® (Chapter 33), Veteran Readiness and Employment (VR&E Chapter 31), Montgomery GI Bill® (Chapter 30), Survivors’ and Dependents’ Educational Assistance (Chapter 35), and Montgomery GI Bill® Selected Reserve (Chapter 1606) in accordance with VA policies.

The following benefit types do not pay a tuition benefit but will pay a monthly stipend to eligible students: Montgomery GI Bill® (Chapter 30), Survivors’ and Dependents’ Educational Assistance (Chapter 35), and Montgomery GI Bill® Selected Reserve (Chapter 1606).

These benefits cover eligible tuition (based on student eligibility percentage) and may pay a book stipend and Monthly Housing Allowance (MHA) stipend: Post-9/11 GI Bill® (Chapter 33) and Veteran Readiness and Employment (VR&E Chapter 31).

For details on how to request benefit certification visit UT’s Veteran Certification Veteran Education Benefits website.

In addition to requesting benefit certification Executive MBA students: If you are a non–resident or have not yet been classified as a resident, contact the Residency Office (residency@austin.utexas.edu) for questions regarding VA Education Benefits Non-Resident tuition waiver or re-classification to Texas Resident for tuition purposes.

Evening MBA GI Bill® Benefits for Class of 2027: The Evening MBA program for the Class of 2027 is under review for GI Bill® Education Benefits (which may include tuition, housing stipend, book stipend, etc.). Please contact texaseveningmba@mccombs.utexas.edu with questions).

Many top-ranked MBA programs, including Texas McCombs, offer additional financial assistance through scholarships, military tuition waivers, and other funding options. Understanding and maximizing the available benefits can alleviate the financial commitment of pursuing a Texas McCombs MBA.

Monthly Housing Allowance (MHA) stipend considerations: MHA amounts are determined by the VA and vary based on enrollment status. Some months you may have full-time enrollment and full-time MHA. Other months you would have less than full-time enrollment and thus you would receive partial or no payments. It’s essential to understand how enrollment levels may impact MHA payments throughout the academic year.

For example, if you were enrolled in 10 hours over an entire term and you completed 6 of those hours mid-term, the VA may consider you full-time for the first half of the term and pay you MHA accordingly. The VA would consider you less than full-time for the second half of the term (even though UT considers you full-time for the entire semester) and pay or not pay you accordingly.

For more information regarding MHA, please contact UT’s Veteran Certification Team (gibill@austin.utexas.edu; (512) 475-7540).

Out-of-Pocket/Program Waiver Details: The total program cost is itemized by three categories: tuition (generally about 80-85% of the total charges), course materials, and non-tuition fees. For students using Post-9/11 GI Bill® (Chapter 33), the Department of Veterans Affairs will cover your tuition at your percentage of eligibility.

To supplement the VA’s Post-9/11 GI Bill® (Chapter 33) tuition contribution, our program will apply a waiver to your course materials and non-tuition fees at a matching rate. For instance, if you have 100% Post-9/11 GI Bill® (Chapter 33) eligibility, your tuition and expenses will be fully covered, with the exception of your plane ticket to your Global Academic destination, and any optional items you choose to purchase, such as MBA paraphernalia.

Hazlewood Act Exemption and Texas Military Waiver: While the Hazlewood Act Exemption is not applicable to all programs, such as the Weekend MBA at Dallas/Fort Worth and Weekend MBA at Houston, Texas McCombs offers the Texas Military Waiver to eligible veterans, providing financial assistance toward program costs.

Applications for the Texas Military Waiver will require a Certificate of Eligibility, a DD Form 214, and a notarized affidavit (a sample will be provided to you upon admission). Please submit all items to StudentBilling@mccombs.utexas.edu.

Pursuing an MBA as a veteran offers a transformative opportunity to leverage military skills and experiences for professional growth and advancement. Understanding available benefits, financial assistance programs, and application procedures is crucial for veterans embarking on their MBA journey with Texas McCombs. We remain committed to supporting veterans and active-duty military personnel in achieving their academic and career goals.

For additional assistance or inquiries,
please reach out to:

UT Austin Veteran Certification
gibill@austin.utexas.edu
(512) 475-7540

Lanita Hidalgo
StudentBilling@mccombs.utexas.edu

Hook ‘Em!

banner that reads Working Professional MBA Class of 2022 Career Outcomes

Texas McCombs Working Professional MBA Class of 2022 Career Outcomes

January 24, 2024 / Texas MBA Admissions / Comments Off

The Texas McCombs Working Professional MBA offers a leading pathway to career advancement or transition without career interruption, according to Class of 2022 employment data. Embarking on a transformative journey, students in the Evening MBA, Weekend MBA at Dallas/Fort Worth, and Weekend MBA at Houston, have not only weathered the challenges of the business landscape during the pandemic but emerged with career outcomes that underscore the program’s commitment to excellence.

Impressive Salary Outcomes

The financial rewards of a McCombs MBA are evident in the Class of 2022’s salary average, which falls between $140,000 – $149,000. This figure not only reflects the competitive edge our graduates hold in the job market but also reinforces the program’s return on investment.

Graduates experienced an average base salary increase of +45%, not including bonuses, a testament to the program’s commitment to advancing the professional and financial goals of its students.

Elevating Job Roles

Beyond financial gains, the shift in job roles is equally remarkable. The percentage of graduates in senior or executive-level positions increased from 51% before school to 66% post-graduation. McCombs MBA alumni are not just climbing the corporate ladder; they are reshaping its summit, assuming leadership roles that drive innovation and impact.

Top Industries of Employment

The variation of interests within the Class of 2022 is reflected in their industry choices. Among the 140 students who reported their career outcomes, technology emerges as a dominant industry with 29%, followed closely by consulting at 24%. Manufacturing, energy, and financial services also play significant roles, comprising 10%, 10%, and 8% of outcomes, respectively. These results underscore the adaptability and applicability of a Texas McCombs MBA across various industries.

Behind these outcomes stands the unwavering support of our dedicated career management team, a force recognized by our #1 ranking in Poets&Quants’ Best Career Centers (Poets&Quants, 2019). Committed to guiding each student through their unique career journey, our team employs a tailored approach that encompasses:

Career Advising: Each student receives one-on-one guidance, ensuring their career strategy aligns with their aspirations.
Employer Connections: Building meaningful connections is integral to success. The team facilitates networking events, career fairs, and industry-specific meetups to enhance students’ professional networks.
Specialty Coaching: As part of the Texas McCombs+  program, students have access to communication and specialty coaches – seasoned experts who are ready to work with them one-on-one to refine skills in communication, leadership, strategy, organizational culture, and much more.
Education & Training: Students learn how to successfully transition into a new career or accelerate their current one through our career education courses. Taught by knowledgeable professionals, and with a curriculum custom-built for working professionals, these classes cover a variety of career-related topics—from networking to interviewing to negotiating.
Alumni Network: Following graduation, students join a powerful network of Longhorn alumni that expands throughout Texas and around the world.

“Our Working Professional MBA Career Education and Coaching team provides our students with an elite and comprehensive journey to explore, prepare and connect with career opportunities that align with their goals. This experience, combined with an interactive and engaging teaching style, includes practical application and allows our students to create their own customized success upon graduation and beyond,” said Stefani Sereboff, Senior Assistant Dean, Career Management & Corporate Relations. “We are committed to creating a McCombs exceptional student experience and supporting careers for life.”

As we celebrate the achievements of the Working Professional MBA Class of 2022, we look forward to witnessing the continued impact of the McCombs MBA on future cohorts. Their success is a testament to the collaborative effort of our outstanding faculty, accessible alumni, dedicated staff, and of course, the incredible students who make the Texas McCombs MBA experience truly exceptional.

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!

Executive MBA Immersion New York City Immersion - Fall 2023 Written by Sean Ashby, MBA ‘25.

Executive MBA NYC Immersion: Leadership and Cultural Exchange

January 4, 2024 / Texas MBA Admissions / Comments Off

This post is written by Sean Ashby, Executive MBA ’25.

Every semester the Executive MBA cohort takes a trip off campus for a long weekend where students get exposure to different industries and participate in rigorous experiential learning opportunities. Last semester we went to New York City where we got to network with alumni, visit Morgan Stanley, and got an executive seminar on thinking on your feet and conveying emotion with a business-focused improv class on Broadway.

Our class arrived Wednesday afternoon, excited for the experiential learning opportunity that awaited us. We all had a family-style Italian dinner at Carmine’s. It was a sight it was to see an entire Executive MBA cohort seated upstairs enjoying some New York City Italian cuisine.

one photo of the Carmine's neon sign outside. photo two features the inside of the restaurant with students eating.

Executive MBA Students out to dinner at Carmine’s in New York City.

Bright and early the very next morning we met with the Head of Strategic Client Solutions and Co-CEO of Macquarie Capital, Miki Edelman. This intimate setting proved to be a blessing as we got to ask questions about Miki’s career and learn the details of what helped take her career to the stratosphere in her industry. Miki not only shared her challenges and successes but gave us all advice on how to make our way into the C-suite.

Laura Correnti, Partner at Giant Spoon, an ad and marketing agency, spoke to us about the importance of branding in the marketplace.

Following the intimate career discussions with two industry insiders we went to Morgan Stanley where we spent the afternoon learning about the operations of the financial giant. From AI and Crypto initiatives to investing strategies for high-net-worth individuals and families, we all got exposure to the teams making the financial world turn.

man lecturing in front of a screen in a classroom

Lecture with Morgan Stanley.

The cohort spent the evening on a rooftop bar off of Broadway meeting alumni and networking over hors d’oeuvres. Meeting alumni in the city was refreshing. We all learned of their post-Executive MBA outcomes and gained new connections.

Despite the late night, we all attended the executive seminar and improv sessions on Broadway led by Professor McDermott. Many of us were anxious at the thought of being on a stage in front of our cohort, but the nerves quickly dissipated as we maneuvered through various exercises. The seminar that we all were once apprehensive for became a crowd favorite by the end. We all learned more about ourselves and our classmates and came away with new skills that were directly transferable to the business world.

Students performing improv at a Dunder Mifflin set.

Students preform improv on a Dunder Mifflin set.

Professor Luis Martins led us to a close on Friday and Saturday as we discussed the dynamics of power and politics in the corporate setting. As we discussed case studies and strategies to make better decisions Professor Martins instilled upon us the duty we will have as leaders to get it right for our peers and subordinates. “Design trumps management” as we have routinely discovered throughout the course.

An optional guided tour of The Met was the perfect aperitif for an immersion week steeped in leadership development, branding, decision-making, and thinking on your feet. Like the UT motto “What Happens Here Changes the World”, what happened in New York City helped mold us into future leaders and decision-making athletes for the corporate world

Hook ‘em!
Sean Ashby, EMBA ’25

Good luck and Hook ’em!

photo of a person using a calculator at a desk with a banner that reads "Funding your full-time mba"

Exploring Scholarships
and Loan Options

October 30, 2023 / Texas MBA Admissions / Comments Off

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!

man on laptop smiling with a banner that reads "Full-Time MBA Application: Optional Interview"

Make a Lasting Impression:
The Value of Optional Peer Interviews at Texas McCombs

July 20, 2023 / Texas MBA Admissions / Comments Off

One of the most vital parts of the MBA application process at Texas McCombs is the human component – “Human-Centered, Future-Focused” is part of our core values for a reason. We pride ourselves in getting to know you at a personal level during the admissions process and will continue to provide hundreds of virtual and in-person ways for you to meet our students, alumni, faculty, and admissions team.

We invite all MBA applicants to close out their application process in a human-centered way through a short, optional peer interview.

These interactive virtual sessions present a valuable opportunity for our applicants to connect with Full-Time MBA students and leaving a lasting positive impression on Texas McCombs.

The optional interview will last about 20 minutes and is available throughout the round. The student ambassador will introduce themselves and ask you a few questions.

We recommend having up to three questions prepared for your student interviewer about the program and student experience. You are also welcome to discuss information about your candidacy that is not addressed elsewhere, as the interviewer can in turn provide this information to the Admissions Committee via a post-interview form.

Different schools have different interview processes. It’s important to be familiar with how the Texas McCombs MBA program runs the virtual interview experience. Be sure to read all confirmation emails and instructions very carefully. All optional interviews are conducted virtually by a member of the McCombs Ambassador Committee.

Roughly a week after the round deadline, you will receive an email with a link to our online platform to allow you to select an interview slot that works with your schedule. There is a deadline to complete your interview, so be sure to schedule it early. Slots will fill quickly!

Is an interview required?

No! There are plenty of ways for the admissions committee to get to know you without the optional peer interview. For example, if you have continuously engaged with the McCombs community, feel confident in your video assessment submission, and have no additional questions for a current student, then registering for and attending a virtual interview might not be necessary. On the other hand, if you have not had the chance to get to know us and would like an additional opportunity to convey something that might not be conveyed elsewhere in the application, we might recommend signing up for a peer interview. At the end of the day, the choice is yours. The interview may serve as an additional data point for the committee, but it is not required for admissions consideration.

Tip: Remember that every interaction you have with a member of the Texas McCombs community is an opportunity to make a positive impression about who you are and your MBA candidacy. From speaking to our receptionist at the MBA Program Office, to meeting an Admissions Officer on the road, all members of our community have an opportunity to provide informal feedback on MBA applicants, so make every connection count.

Will I know who my peer interviewer is ahead of time?

Yes. You will be able to select your student host based on their interests and MBA involvement. However, you do not need to limit yourself to scheduling with someone with similar interests; all of our interviewers are current students and will be able to share their experiences with you regardless of background. In addition, some applicants prefer to select a date and time that is most convenient for them rather than search for slots based on shared interests.

Can I conduct my interview in-person?

No. All of our peer interviews are virtual to keep all applicants (including those who cannot come to campus) on a level playing field. We do encourage applicants to visit us in-person so you can get to know us, but peer interviews must be conducted virtually (via Zoom).

Our Top Interview Tips

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.

Test your Connection: Peer Interviews require a desktop or laptop computer (no iPhone/iPad) 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!

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 answer for fear of not being given an opportunity later on to address their prepared examples.  Keep your responses concise and keep in mind the short duration of the interview.

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.

Know What We’re Looking For: We listen for confidence, clear and concise communication, and overall genuine enthusiasm.

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 a Texas McCombs MBA, and you can formulate coherent thoughts under pressure. Here is a list of topics to consider:

Discuss any aspect of your candidacy that has not already been covered in other application components.

Get to know your host and their experience at Texas McCombs. Ask them questions about their MBA journey and the McCombs community.

Ask for tips and advice on how to best navigate and spend the time between the admission decision and program kick-off.

In the competitive world of MBA applications, Texas McCombs stands out by prioritizing the human component. Our “Human-Centered, Future-Focused” values resonate throughout the entire admissions process, offering you an opportunity to showcase your collaborative skills and reaffirm your motivations for pursuing an MBA. The option of a short peer interview allows you to engage with our current Full-Time MBA students, leaving a lasting positive impression on the Texas McCombs community.

Whether you choose to participate in the interview or explore other avenues of engagement, keep in mind that every interaction counts and can contribute to your MBA candidacy. We hope you’ll embrace the chance to make a personal impact and take a step closer toward your future at Texas McCombs.

Good luck and Hook ’em!

photo of a person on a laptop with a banner that reads "Full-Time MBA Application: Essay and Optional Statement

The Full-Time MBA Cover Letter and Optional Statement

June 27, 2023 / Texas MBA Admissions / Comments Off

MBA Cover Letter

The application cover letter is a critical means of learning who you are as an applicant and assessing your communication and writing skills. Here is the prompt to help guide you in writing the application cover letter:

Please write an application cover letter summarizing your aspirations, qualifications, personal and professional experiences that make you a strong candidate for the Texas Full-Time MBA program. (max 500)

MBA Optional Statement

Please provide any additional information you believe is important or address any areas of concern that you believe will be beneficial to the MBA Admissions Committee in considering your application. (e.g. gaps in work experience, choice of recommender, academic performance, or extenuating personal circumstances) (250 words)

Honestly, the most important piece of advice we can provide you on the optional statement is to remember that it is just that– optional. Only applicants who feel some of their profile deserves more explanation should submit an optional statement. This section of the application is not to designed for you to tell us more about your extracurricular activities or expand upon the essay prompt. While we love to see how excited you are to share additional information with us, there are other ways to let the Admissions Committee know about additional projects or passions. Your resume and the video assessment are better forums for these additional details. Optional statements should focus on filling gaps or answering questions we are likely to have about you.

Our Tips for Writing Your Cover Letter

Be patient with yourself. Take time to reflect, brainstorm, rewrite, and EDIT. It will likely take more than one draft to realize your final submission.
Don’t copy and paste. Do not use the same content for multiple business schools. We can always spot recycled content.
STAY ON PROMPT. We actually want your submission to be in cover letter form! Approach this as you would drafting a cover letter for a job – who are you, why do you want to come to McCombs, and how will you contribute to the program?
Be honest. The cover letter is a way to learn more about you. Our community values authenticity and we look for submissions that reflect your authentic self.
Have someone you trust read over your cover letter. Those closest to you can provide valuable insights, feedback, and perspectives as you highlight your personal gifts and qualities.

We hope these insights into the written portions of our application give you some ideas to think about and some points to revisit as you write (and rewrite) your cover letter. Good luck, and happy applying!

banner Redesigned Evening MBA Curriculum - Reduced Program Duration, New Electives, and Expanded Networking Opportunities

Discover the Redesigned Evening MBA Program at Texas McCombs

June 15, 2023 / Texas MBA Admissions / Comments Off

Reduced Program Duration, New Electives, and Expanded Networking Opportunities

The redesigned Evening MBA program ranked No. 6 in the country (U.S. News & World Report, 2023) has been streamlined and now provides a flexible pathway to your MBA, with a reduced program duration, new elective offerings, and expanded networking opportunities. These valuable enhancements, detailed below, will take effect for our next incoming class of Evening MBA students, who will start the program in August 2024. Applications will open in August 2023.

Reduced Program Duration

The Evening MBA program is streamlining the program duration from 28 to 21 months to allow for greater flexibility and efficiency for busy professionals. Now, you can earn your MBA faster with the high-quality education that Texas McCombs is known for. It’s an accelerated path to achieving your career goals, without compromising on educational excellence.

Tailor Your Degree with New Electives

Evening MBA students experience a comprehensive cohort-based curriculum designed to enhance their understanding of core business principles. The new curriculum will have five electives, allowing students to dive deeper in areas of interest, which is especially important in today’s dynamic business landscape. The entire program and its elective courses will all be offered in-person, in Austin.

The new curriculum dedicates more credit hours dedicated to technology, leadership, and international business.
Two flexible core electives on technology and global management. Three general electives of your choice will be offered from a curated selection of courses.
Examples of electives include Investment Theory, Artificial Intelligence & Machine Learning, Product Management, Strategic Corporate Social Responsibility, Advocacy, Art and Science of Negotiations. Elective topics are subject to change.

More Opportunities to Network and Build Your MBA Community

We understand the value of building a strong professional network. That’s why you will have more chances to connect and collaborate with other Working Professional MBA students in our Dallas and Houston programs through shared electives, traveling on the global trip together, and participating in Academic Intensives. These interactions will not only enrich your learning experience but also provide valuable connections that will benefit you throughout your career. At Texas McCombs, we believe that networking is a vital component of your MBA journey, and we are committed to fostering a supportive community.

Exceptional Faculty and Engaging Learning Environment

Among the great things staying the same include our world-class, Texas McCombs faculty. Our professors are passionate about teaching and providing you with a transformative educational experience in a dynamic and collaborative learning environment. Also staying the same are business foundations offered through the core curriculum and capstone, McCombs+ Experiential Learning and Leadership Fellows, award-winning career management support for life, and Academic Intensives – all of which will be delivered in our new 21-month, Monday and Tuesday evening format. Here, you will have opportunities to engage in real-world projects, case studies, and interactive discussions, and you can apply your knowledge immediately to your work the next day.

What’s Next?

At Texas McCombs, we are committed to providing a human-centered, future-focused business education that equips you with the skills, knowledge, and network to thrive in today’s competitive business world. Whether you’re looking to advance in your current role, switch careers, or start your entrepreneurial journey, our program is designed to empower you to achieve your goals. We are excited about the possibilities this redesign brings and look forward to supporting you on your journey to success.

Sign up to receive Evening MBA news, and register for an admissions event to meet program staff, current students, and alumni. Applications for the Evening MBA will open in August 2023. Questions about the Evening MBA? Contact: TexasEveningMBA@mccombs.utexas.edu

Tag: Texas MBA (page 1 of 10)

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

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

#3. Gain Career Momentum and Mobility

#4. Networking, Networking, Networking

#5. Experience a Breadth of Resources at Your Fingertips

Why Executive MBA?

What were you doing before pursuing your MBA?

Where were you located before coming to Austin, TX?

What was your main motivation for pursuing an MBA?

Why did you choose Texas McCombs for your MBA?

Can you describe your experience applying to MBA programs as a first-gen student?

What were some of the biggest challenges you faced during the MBA admissions process as a first-gen student, and how did you navigate these challenges?

Did you seek any specific support or resources during the application phase, and if so, what were they? How did these resources help you along the way?

How did you approach crafting your application essays, and were there any unique perspectives or strengths you brought as a first-gen applicant?

Can you share any tips or advice for other first-gen students who are considering applying to MBA programs? Were there any key lessons or insights you gained from the application process that you wish you had known earlier or that you believe would be helpful for other first-gen students?

Why Consider an MBA as a Veteran?

Is an MBA Worth it for Veterans?

Can I use VA Education Benefits?

For additional assistance or inquiries, please reach out to:

Impressive Salary Outcomes

Elevating Job Roles

Top Industries of Employment

Recruiting Scholarships

2nd Year Student Scholarships

Institutional Scholarships

Federal Loans

Private Education Loans

Loans for International Students

Is an interview required?

Will I know who my peer interviewer is ahead of time?

Can I conduct my interview in-person?

Our Top Interview Tips

MBA Cover Letter

MBA Optional Statement

Our Tips for Writing Your Cover Letter

Reduced Program Duration, New Electives, and Expanded Networking Opportunities

Reduced Program Duration

Tailor Your Degree with New Electives

More Opportunities to Network and Build Your MBA Community

Exceptional Faculty and Engaging Learning Environment

What’s Next?

Search

Recent Posts

Subscribe by Email

Texas McCombs MBA

More Texas McCombs News

The Latest RSS Items

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

For additional assistance or inquiries,
please reach out to:

Private Education Loans 

Loans for International Students 