In addition to three part-time programs, an Executive MBA, and a full-time MBA program, McCombs also offers these degrees. A flexible curriculum with a wide variety of concentrations and a highly collaborative student culture are important aspects of the McCombs MBA program. Additionally, McCombs has a track record of placing a sizable proportion of its alumni into post-MBA positions in the energy and technology sectors.
The McCombs School of Business, a division of the University of Texas at Austin, is well-positioned to benefit from Texas’ thriving start-up community. Its MBA program 1 is ranked #19 (in the United States) by the Economist and the Financial Times, and #14 (in the United States) by QS World University Rankings. The faculty members of the McCombs MBA program are ranked No. 12 in the world for research productivity, and the university has started a global search to increase faculty capacity by 10%. Because of its eminent faculty and emphasis on entrepreneurship, the institution is a top choice for recruiters from all around the country.
Mccombs MBA Class Profile
The 270 incoming students for the McCombs Class of 2023 had an average GPA of 3.48 and a GMAT score of 708, which is the highest average ever at McCombs.
International students make about 24 percent of the Class of 2023. 38% of the first-year class is made up of women. The average age of the students is 29, and they had worked for 5.5 years prior to enrolling in the MBA program.
Mccombs MBA Application Procedure
There are three admissions rounds for McCombs MBA, which typically take place in October, January, and April. Candidates must submit their essays, employment history, GMAT, GRE, or EA scores, official transcripts from all collegiate and post-collegiate institutions attended, one letter of recommendation, a $200 application fee, and, if necessary, TOEFL scores in order to be considered by the McCombs admissions committee. Candidates are notified of interviews by invitation only after the admissions committee has reviewed their applications. Those who are invited to interview may do so with a current student on campus or through Skype, with an admissions officer in some places, or, for those who apply after the first application deadline, with an alumnus in their region. Through the Consortium for Business Schools, students who have shown a commitment to advancing diversity in business may also apply to McCombs.
- Online Application
- Application Fee of $200
- Test Scores, GMAT/GRE/EA, TOEFL/IELTS
- Official Transcripts
- Personal Essay
- Letter of Recommendation
- Video Assessment
- McCombs Admissions Connection
Mccombs MBA Curriculum
The first and second years’ fall and spring semesters are dedicated to the UT Austin McCombs MBA program. Only elective courses are offered in the second year of the program. During the first year of the program, students study classes from the core curriculum, most of which are concentrated in the autumn semester. Topics in disciplines including financial accounting, microeconomics, statistics, and strategic management are covered in some of the basic courses. During the spring semester of the first year of the MBA, you’ll start taking electives. Classes on topics including marketing, information, risk, and operations management, as well as business, government, and society, are among the more than 100 elective course options available.
UT Austin McCombs MBA offers a variety of concentrations for students to choose from as part of their degree program in place of majors. The MBA offers the following specializations.
- Business, Government, and Society
- Operations and Analytics
Mccombs MBA Careers
Members of the class of 2021 received an average beginning salary of $129,854 while recent grads received an average signing bonus of $28,153. Approximately 34% of graduates entered the tech sector. At 23%, consulting came next. Almost 17% of people followed careers in finance, while 6% each joined the consumer products and energy/utilities industries.
Approximately 66% of the class of 2021 graduates were employed in the Southwestern region of the United States, continuing the common pattern of business school alums landing post-MBA positions in the area where their institution is situated. Graduates chose jobs in the Western U.S. in 13 percent of cases, and the Midwest in 7 percent. 5% of them went to the North-eastern United States. Last but not least, fewer than 2% of the Class of 2021 selected positions abroad.
Mccombs MBA Tuition Fee And Financing
First-year tuition for out-of-state students is $58,270, while that for in-state students is $52,550 for the academic year 2021–2022. Given additional charges like housing, books, and laptop prices, McCombs projects that out-of-state students will spend $80,324 during that time, compared to in-state applicants’ $74,604 cost.
All students are eligible for the merit-based, one- to two-year scholarships offered by McCombs, which range in value from $2,000 to the full tuition. First-year students do not need to submit any additional paperwork in order to be considered for these scholarships; they are automatically considered. MBA students have the chance to apply for extra merit-based scholarships supported by private and corporate donors during their first year. Students who qualify for these MBA Continuing Student Scholarships will receive over $100,000 depending on their first semester grades. Federal loans are an additional source of funding for citizens and permanent residents of the United States; prospective international students are urged to inquire with the Financial Aid Office about their loan choices.
Two-Year Program Tuition (per year)
Tuition & Fees
- In-State $52,550
- Out-of-State $58,270
- Living Expenses $15,392
- Books $1,034
- Student Fees $1,000
- Laptop $2,500
- In-State $74,604
- Out-of-State $80,324
McCombs School of Business Rankings
- #14 in Masters in Marketing by QS World University Rankings, 2022
- #29 in Masters in Finance by QS World University Rankings, 2022
- #18 in Best Business Schools by U.S. News and World Report, 2022
- #1 in Accounting by U.S. News and World Report, 2022
- #11 in Executive MBA by U.S. News and World Report, 2022
McCombs MBA Scholarships
For domestic and foreign students, the McCombs School of Business provides financial aid in a variety of formats. Among the scholarships offered to students from abroad are:
- International students can apply for recruiting scholarships that come in the form of financial rewards worth up to $2000 or their entire tuition.
- The MBA management committee offers the Sylff Global Fellow Scholarship to support various global viewpoints.
- The Forte Foundation, Reaching Out MBA, and Teach for America are partners with McCombs. The MBA management committee chooses students for the Fellowship each year as a result of the cooperation.
- The Office of Scholarships and Financial Help (OSFA) at UT Austin additionally offers financial aid each year in addition to this.
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