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Working Professional MBA Student Spotlight Military MBAs

Celebrating Our Military MBAs This Veterans Day

November 10, 2023 / / 1 Comment

This post is written by Lauren Logan.

This Veterans Day we are celebrating and honoring all of our active and former military MBA students.

Here at Texas McCombs, we understand that navigating the transition between military life and graduate education can be difficult – and we are here to help! All veterans and active military applicants qualify for an application fee waiver to any of our five MBA programs. Applicants also have the option of petitioning for a test waiver to waive the test score requirement.

Military applicants are also encouraged to take advantage of opportunities to connect with other veterans on campus and through virtual chats with members of the Texas Veterans in Business (TViB) student organization. TViB serves as the primary student organization for veterans pursuing an MBA. The organization offers plenty of opportunities to get to know other military students and to form a community with students who share a similar background. In addition, the Student Veterans Association regularly assists students with their relocation to Austin and offers programs to support military students’ success on campus.

Working Professional MBA Spotlights

Patrick Guide II
MBA at Houston ’25

Photo of Patrick in uniform.

Patrick served 6 years as a Marine Corps Engineer Officer and is a first-year student in our Weekend MBA at Houston program. Patrick attributes the success he has had in the program to the leadership and adaptability skills he learned throughout his time in the military and believes that his time at McCombs will further reinforce these skills and will prepare him well for an executive career post-MBA.

“I take pride in being a servant leader who is passionate about solving problems and serving people. I chose the McCombs MBA program because I believe this experience will position me for roles of greater impact. My desire is to play a role in creating a better tomorrow and McCombs is a crucial part of that pursuit.”

“The MBA program is a challenging adjustment, especially being years removed from school, but learning to adapt is a key skill I believe most veterans possess. Naturally, the discipline gained through military experience is also very beneficial. I came in understanding that networking is very important but I’ve never been exposed to as many opportunities and connections as with the McCombs program. There are many opportunities to mentor and to be mentored as well. Being comfortable working with very diverse groups of people is critical to being successful in the MBA environment.”

“Because my final years of service were in the reserves, I have experienced balancing multiple obligations at once. As a working professional in the MBA at Houston program, that skill set is definitely beneficial and being developed even further. Relearning how to be a student has been a tough but rewarding process. My experience in the program has already given me a more holistic perspective of business and society as a whole. I’ve learned leadership lessons that I know will be very applicable to solving future problems and I’ve been able to leverage my experience to contribute to thoughtful conversations considering a diverse range of perspectives.”

Patrick plans to pursue an executive career post-MBA, continuing on his path as a servant leader while combining skills from both his time in the military and his engineering background.

Eric Kasper
MBA at Dallas/Fort Worth ’24

Eric Kasper is a 4th generation service member who served as a 1st Lieutenant Infantry Officer in the Army. His great-grandfather served in the Army and his grandfather and both parents served in the Air Force.  Eric was stationed in Fort Benning for three years before serving on the General Staff supporting operations during the pandemic. He also served on the Commanding General of Fort Benning Staff. Eric says his shared military and MBA experience has enhanced his understanding of being an empathetic but impactful leader.

“I was medically retired from the Army after multiple surgeries for a knee injury. After three years of physical therapy, the medical staff made the decision to medically retire me from service. It was very challenging to know what career path to take after the decision to leave the military takes place. Thankfully I made strong connections with support staff in the VA benefits department, which allowed me to pursue a Master of Science in Economics. That master’s program propelled me to my first job at Texas Instruments which then led me to pursue an MBA.”

“I chose the Working Professional MBA at Dallas program because it provided me the ability to keep working while gaining further business acumen. As a military officer, you need to be able to lead from the front and display both the ability to learn and adapt as well as make decisions and move forward. In business school, especially in group case studies, the problem statement solutions are not readily known or easily identifiable. It takes the ability to learn from others and make decisive steps toward a shared goal to uncover the best solutions.”

“Being in the military is a humbling experience where leadership is rooted in practical experience and the reliance on your team or squad to provide their expertise and background. My MBA experience has enhanced my understanding of being an empathetic but impactful leader. McCombs has provided me the ability to understand macro-level business strategy through an analytical lens. The leadership experience I gained in the military allowed me to perform well under tight timelines and high-pressure situations. My military background proved to me that the right person in the right position can dramatically influence positive change for enterprise-level organizations.”

“My advice to anyone looking to apply is to talk with your VA representative as you go through out processing to verify your GI Bill and other benefits – have them physically print out documents to verify your eligibility.”

Brett Sheneman
MBA at Houston ’24

pic of Brett holding his child on his left and holding his wife's hand on the right.

Brett Shenamen was a Captain in the U.S. Marine Corps who served as a Judge Advocate and Lead Prosecutor while stationed in Camp Lejeune, North Carolina. Before joining the military, he received his law degree from Michigan State University and is currently a Litigation Lawyer at ExxonMobil. His time in the military taught him how to work well with diverse groups of people and gave him the opportunity to positively impact his community.

“McCombs has both reinforced and changed my outlook on leadership. The curriculum is built around a business leader’s understanding of key fundamental components, including finance, statistics, marketing, and various management courses. In that sense, it changed my viewpoint. I always knew leaders needed to be competent; but a better, more well-rounded viewpoint and skillset is always valuable, especially when you surround yourself with truly qualified people.  An MBA, especially at McCombs, is such a well-rounded program that will instill an analytical skill set sure to distinguish you from your peers.”

“I chose McCombs because it is a leaders’ program with outstanding faculty and an excellent reputation. Primarily, I wanted to augment my legal skills with a robust business management understanding. The biggest takeaway is the pure quality of human beings at McCombs. The professors, staff, and students are just top-notch. That likemindedness inevitably leads to high-functioning collegiality.”

“I was lucky enough to begin my ‘dream job’ as an in-house lawyer at Exxon Mobil Corporation and plan to remain there after graduation, hopefully until retirement. My military background played a key role in eventually serving an organization with multiple stakeholders and a storied dedication to local communities throughout the nation.”

Brett believes that his time at McCombs has reinforced important lessons he learned while serving in the military–most especially, “strength through diversity of people and thought.”

Ross Desoto
MBA at Dallas/Fort Worth ’24

Ross posing in front of a plane Ross Desoto began his military experience serving in the Marine Corps. During his time, he has served as the Battalion Supply Officer for 2 WESTPAC deployments to Okinawa, Japan where he participated in numerous multinational exercises in various countries around INDOPACOM. He also led 275 Marines in Sailors in day-to-day supply and maintenance operations supporting all Marines on the west coast. During his time there, he had the pleasure of deploying with 100+ Marines aboard the USNS Lewis & Clark where they supported operations in the Middle East.

“As I planned to exit the Marine Corps, I knew that I wanted to move back to Dallas to be closer to family. Going to grad school was always a goal of mine and I began exploring MBA programs in Dallas. After doing my research and attending a few different school’s class visits I knew McCombs was the right fit for me. The Working Professional MBA at Dallas program fits my work schedule, and the caliber of fellow students and professors far exceeded every other program in Dallas. I knew it was the best program for me.”

“The culture in the Marine Corps and the culture at McCombs are vastly different and yet still the same. Within McCombs and the Marine Corps, there is a strong sense of personal accountability and a culture where ‘you are your brother’s keeper.’ I’ve found that I can rely on my study group and friends here at McCombs just like I relied on my Marines. We take care of one another and ensure we are all successful.”

“The most important lesson that I’ve learned while at McCombs is that just because you are a veteran and have done really hard things, you don’t have a market share on hard work. Regardless of background, everyone at McCombs has an impressive resume and has worked really hard to get where they are. It was humbling for me to look around during our first Austin Intensive and see the caliber of person that I was now classmates with and be so impressed with every student. From that point forward I was able to learn from everyone’s different experiences and value what everyone brings to the table.”

“Post-MBA I’m hoping to stay in finance and eventually pivot into private equity, with the hopes of eventually being a partner at a private equity firm. The military taught me to take information, analyze it, and make decisions effectively. Those skills translate directly to running a business and coupling those skills with what I learned at McCombs will hopefully lead to success.”

“The best advice I would give is to believe in yourself and go for it. A lot of veterans are hesitant about if they are capable of getting an MBA or are scared of the GMAT. It is hard to go back to grad school but it is not that hard and you have done harder things in the military. Study hard for the GMAT and tie your experience into your application because once you get your MBA you will continue to lead and make a difference anywhere you land.”

Jeffrey Caslen
MBA at Houston ’25

Jeffrey standing with Hook 'Em, our mascot. Jeffrey Caslen was commissioned as a Field Artillery Officer in 2009 after graduating from the United States Military Academy at West Point. After his Officer Basic Course, he met his Platoon mid-deployment in Baghdad, Iraq. After returning from Iraq, He moved to Fort Sill, Oklahoma, where he changed his Branch to Public Affairs (PAO). As a PAO, he served in many roles, including Brigade Public Affairs Officer, Command Team Speechwriter, and Observer Coach/Trainer at the National Training Center, in Fort Irwin, California. Jeffrey transitioned out of Active Duty in 2020 and is currently a Major in the Individual Ready Reserve.

“The military prides itself on its diversity and having an organization that reflects the American population. While in the Army, I learned how to lead teams of motivated people with diverse backgrounds and skill sets to achieve a common goal. In the Business world, many leadership challenges seem to have a ‘no-win’ scenario. There are many variables involved that I did not need to worry about as a military leader. By maintaining my ethical leadership style I developed in the Army, I know I can hold my head high regardless of my decisions when I become a business leader.”

“I have noticed a few similarities between the Army and the McCombs culture. One is that we bond through hardship, and become extremely close, building a lifetime bond. Additionally, the focus on team vs individuality is similar between the Army and McCombs. Although this is my MBA, It is unachievable without relying on my peers’ strengths to help me through the program. Texas McCombs is amazingly diverse, and leaning on my classmates’ incredible skill sets for projects and collaboration is a skill I learned as an Army Officer.”

“Everyone has a unique and valuable experience. Although my experience in the Army is valuable to me, all of my classmates have impactful experiences that allow me to grow through their storytelling and mentorship. Seeing how great and accomplished my classmates are really humbles and motivates me to become the best version of myself so I can live up to their expectations.”

For those looking to apply to McCombs, Jeffrey offers some advice. “Take your time and find a program that best fits your end goals and your family. Each university has a helpful Veteran’s Department to help you with your VA applications and help quell any concerns. UT’s Veteran’s Department answered all my questions and helped me feel confident that I would be taken care of during my time as an MBA student.”

Applicants have a range of resources to utilize as they are applying to Texas McCombs. Follow Texas Veterans in Business on Instagram to connect with current students.

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! 

woman sitting at a laptop smiling with a banner that reads "The MBA Application: Resume - Working Professional and Executive MBA

Highlighting Your Professional Work Experience

October 4, 2023 / / Comments Off on Highlighting Your Professional Work Experience

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). To help you showcase your experience in the best possible light, below are a few key factors we are considering when reviewing your resume.

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.

We acknowledge that there is much more to your work experience than the simple number of months/years you have been working, however, we want to ensure students in our programs have a minimum of work experience in order to get the full benefit of their MBA experience. This is in the best interest of all of our students, including you. You can only get one MBA, and you will get much more out of the experience with a few years of real-world, hands-on work experience under your belt. Additionally, it makes for a better student environment overall. You will be able to contribute more to class discussions based on your own experiences, and you will benefit from learning from other classmate’s experiences in other industries.

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 Officer 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.

Our Admissions Committee knows to look beyond mere job titles to understand the quality of your work contribution. Sometimes a flashy and important-sounding job title is used to attract candidates to mundane jobs. Other times, if you scratch the surface beyond a seemingly lackluster job title, you will find that the role is challenging and critical to the success of an organization. We’re trained to look beyond the headlines of your resume and look at the contributions you’ve made in each of your roles. Utilize the bullet points under each job entry to illustrate what made your experience rich and rewarding.

Progression

Striking a balance between quality and quantity is the progression of your work experience. Consider two hypothetical applicants:

Applicant A has 3 years of work experience. She’s worked for the same company throughout her career. Her first 2 years were spent in a rotational program where she was exposed to all aspects of the business. After the rotational program, she took a position on the operations team, and she was recently promoted to a team lead role where she will be managing a few direct reports.

Applicant B has 10 years of work experience. He’s been in similar software development roles for 3-4 years each at three different companies. There are only minor differences in his responsibilities in each role, and he’s never led a project or team.

Despite having less work experience overall, Applicant A is clearly on the more promising career path. That’s not to say Applicant B will go straight to the deny bin. He may be a subject matter expert in what he does, and he may be able to provide a unique perspective comparing and contrasting the various companies for which he’s worked, but he will need to explain elsewhere in his application why his career progress has stagnated.

Resume Writing Tips

The takeaway 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 showcasing your work experience on your resume:

Tailor Content – A resume should be a concise summary of your relevant experience, not an exhaustive list of everything you’ve done since high school. Don’t attempt to inflate your resume by padding it with material that doesn’t add value. Summarize where you can. For example, those three food-service jobs you had during college can be combined in a single line. You can also cut any skills that are common among all applicants like using Microsoft Office, and leave off skills that can’t be verified by the Admissions Committee like describing yourself as a hard worker or quick learner. Avoid jargon that is specific to your industry that our Admissions Committee members may not know. Also, there’s no need for an objective statement. We know your goal is to earn an MBA and we’ll ask about your career goals in other parts of the application.

Emphasize Results – We want to see how much you individually contributed in your role. Whenever possible, explain how you personally added to a team goal. Highlight your key achievements, not just the tasks that you preform. If the person replacing you when you leave your role could copy and paste your bullet points into their resume, that’s probably a sign you need to better emphasize your personal accomplishments.

Avoid Redundancy – Think of each line on your resume as a valuable piece of real estate. Each line should tell us something new. If you have performed the same task in multiple roles, it’s not necessary to list that same task more than once on your resume. Further, consider what underlying message each bullet point is conveying. You don’t need four different lines detailing exactly by how much you exceeded your sales goal in each of the last 4 quarters, plus another line saying that you won the Top Salesperson of the Year award. We can get the message that you are good at sales in half that space.

Show Balance – Past performance is a strong indicator of future performance. If you can show that you have previously excelled in the classroom or workplace while participating in other community or volunteer activities, then we will have confidence you can do it again in our program. An “Additional” section is a great place to detail your activities and interests outside of work and school. Feel free to share anything else you would like us to know like hobbies or a fun fact for a potential conversation starter.

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 as you can onto the page. Rather, give your content some space to breathe.

Enlist Proofreaders– We’re all human and have made grammar, punctuation, or formatting errors before, but doing so on a resume makes you look sloppy and like you’re not taking the application process seriously. We want to see a polished final product. Have a trusted and knowledgeable friend proofread your resume to catch the mistakes that your eyes glaze over after re-reading it for the millionth time, and don’t trust spellcheck to do the job for you.

Convey Personal Brand – Your resume can be unique to you. Especially if you work in a creative industry or position, it’s ok to use your resume’s style to differentiate yourself. Just don’t go too wild to the point where it distracts from your content. Have a peer give your resume a 30-second review and see if the impression you want to pop for a reader, actually does.

Remember, your resume is an important tool for us to get to know you, but it’s not the only thing we use to learn about your work experience. Your letter of recommendation also gives us a sense of you as a colleague and teammate from someone else’s point of view. We’ll learn about your career goals and how you plan to achieve them in your cover letter. Focus your resume on showcasing the quantity, quality, and progression of your work experience so far.

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!

photo of 4 texas mccombs mbas with text that says "MBA Applications NOW OPEN"

Ready to Elevate Your Career? MBA Application Now Open

August 14, 2023 / / Comments Off on Ready to Elevate Your Career? MBA Application Now Open

Full-Time, Working Professional & Executive MBA Candidates

Calling all aspiring business changemakers! McCombs School of Business at The University of Texas at Austin is thrilled to announce the MBA application for Full-Time, Evening, and Executive programs in Austin, as well as the Weekend MBA at Dallas/Fort Worth and Weekend MBA at Houston, is now open for Fall 2024 entry. With a tradition of excellence in business education and a commitment to fostering innovative leaders, Texas McCombs provides a transformative learning experience that prepares students for success in the ever-evolving global landscape.  

Application Components 

As part of the Texas McCombs MBA admissions process, all applicants are required to complete all application components. The Admissions Committee aims to holistically assess candidates’ academic, professional, and personal achievements. Our objective is to determine if you are a good fit for Texas McCombs and ensure we are the right school for you and your goals. There are no fixed criteria or weighted portions of the application.  

Unless otherwise noted in the respective MBA program sections below, the following application components are required this cycle:  

Test Scores: Standardized test scores are a part of the application. All programs accept test scores from GMAT, GMAT Focus, GRE, and Executive Assessment, unless applicants qualify for a waiver.  More on the test waiver petition later.

English Proficiency Test: International students must submit an English proficiency test score (TOEFL, IELTS) unless they qualify for a waiver.

Academic Transcripts: Applicants must upload official undergraduate and graduate transcripts (if applicable) from all colleges and universities attended. These transcripts provide insights into the applicant’s academic background and achievements.

Resume: Applicants are asked to provide a detailed resume or CV highlighting their work experience, educational background, and extracurricular activities.

One Professional Recommendation: A letter of recommendation is required, preferably from individuals who can attest to the applicant’s professional capabilities and potential for success in the MBA program.

Video Assessment: Applicants will participate in a video assessment, providing a unique opportunity for them to showcase their communication skills, personality, and passion for business. 

Application 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. 

Additional Full-Time MBA Application Components 

Optional Peer Interview: All MBA applicants may close out their application process and complete a short, optional virtual interview, allowing them to connect with Full-Time MBA students. 

Additional Working Professional & Executive MBA Application Components 

MBA Admissions Interview: Every Working Professional & Executive MBA candidate will complete an interview with a member of the admissions committee. The interview format is behavioral-based.  

Application Deadlines  

Texas McCombs offers multiple application deadline rounds to accommodate applicants’ varying schedules and to ensure they have ample time to submit their best applications. Applications must be submitted by 11:59 PM Central Time on the deadline date for each round. All MBA programs enroll annually every August. 

For the Full-Time MBA program, the deadlines for the upcoming year are as follows: 

Round 1: October 10, 2023
Round 2: January 5, 2024
Round 3: March 26, 2024*
Round 4: May 9, 2024

*Final deadline for international applicants

 

Applications for the Working Professional MBA program, including the Evening MBA in Austin and Weekend MBA at Dallas/Fort Worth and Weekend MBA at Houston, are accepted in four rounds.

Round 1: October 10, 2023
Round 2: January 23, 2024
Round 3: March 26, 2024
Round 4: May 28, 2024

 

Applications for the Executive MBA are accepted in three rounds. 

Round 1: October 10, 2023
Round 2: February 13, 2024
Round 3: May 28, 2024

Test Requirements and Waivers  

To provide MBA candidates with additional flexibility, applicants have more options than ever before when considering how to complete the standardized test requirement in their application. All applicants are required to submit a GMAT, GMAT Focus, GRE, or Executive Assessment (EA) score. We will waive the testing requirement if: 

  • Expired (taken 5+ years ago) GMAT, GRE, or EA score is submitted 
  • General Test Waiver (merit-based) is approved 

Standardized exams like the GRE, GMAT, GMAT Focus, and EA help us to evaluate a candidate’s academic preparedness for the rigor of business school and is also one metric used to compare candidates within a large pool of applicants. However, there are some scenarios where a candidate’s application might shine without the standardized test. Learn more about the criteria required to apply for a general test waiver. 

Once the GMAT Focus is launched in late fall, Texas McCombs will accept both the current GMAT test type and the new GMAT Focus test type.  

Full-Time MBA 

The Full-Time MBA program at Texas McCombs is designed for individuals seeking an immersive and transformative business education experience. With a rigorous curriculum, a unique and talented cohort, and unparalleled networking opportunities, the Full-Time MBA program prepares graduates to excel in their careers and make a significant impact in the business world.  

Looking for more detail on the Full-Time MBA Application Components? Click here to access a curated list of blogs on this topic.  

Working Professional MBA 

The Working Professional MBA program is tailored for ambitious professionals who wish to pursue an MBA while continuing to work. Offered in the evenings in Austin or on alternating weekends in Dallas/Fort Worth or Houston, this program allows students to balance their professional and academic commitments effectively. With a focus on flexibility and practical learning, the Working Professional MBA program empowers students to enhance their leadership skills and advance their careers without interrupting their work schedules. 

Looking for more detail on the Working Professional & Executive MBA Application Components? Click here to access a curated list of blogs on this topic.

Executive MBA 

The Executive MBA program is designed for seasoned professionals with extensive leadership experience. Through a blend of dynamic classroom sessions and experiential learning opportunities, the program equips executives with the knowledge and insights necessary to address complex business challenges confidently. The Executive MBA program also fosters a strong sense of camaraderie among participants, creating a valuable network of high-impact business leaders. 

Looking for more detail on the Working Professional & Executive MBA Application Components? Click here to access a curated list of blogs on this topic.  

Our Commitment to You 

Our goal is for these application components to exemplify our commitment to a human-centered, future-focused approach. We deeply value each candidate’s individual journey and recognize the potential they bring to our program.  

Ready to join the ranks of successful Texas McCombs MBA alumni and take the next step in your career? Join us as we shape a class of talented individuals with different perspectives, pioneering a path toward a brighter and more impactful future in business education. The application is now open, and we look forward to reviewing your submission. 

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!

Exploring the Return on Investment of a Texas McCombs MBA.

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

May 9, 2023 / / 1 Comment

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

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

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

RANKINGS

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

#6 Working Professional MBA

#14 Executive MBA

#20 Full-Time MBA

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

RECRUITING

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

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

Texas stats graphic for the report.

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

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

ROI

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

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

Source: GMAC Corporate Recruiters Survey – 2022

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

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

 

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

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

Of course, this barely scratches the surface.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

button that reads "Start or Submit Your MBA Application"

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

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