The McCombs School of Business at University of Texas–Austin

Business School Admissions

Application (Fall 2013)

Application deadline (U.S. residents) March 25
Application deadline (international students) January 21
Application fee $175

The McCombs School of Business at University of Texas--Austin

Admissions & Enrollment (Full-time)

Acceptance rate 25.3% – Low
Average age of new entrants 28
Average undergraduate GPA 3.43 – High
Undergraduate GPA range (10th-90th percentile) 2.87-3.85
Entrants providing undergraduate GPA 215
Average GMAT score 692 – High
GMAT range (10th-90th percentile) 640-740
Students with prior work experience 263
Average work experience (months) 63

Admissions & Enrollment (Part-time)

Acceptance rate 75.4%
Average age of new entrants 30
Average undergraduate GPA 3.30
Undergraduate GPA range (10th-90th percentile) 2.78-3.84
Entrants providing undergraduate GPA 56
Average GMAT score 643
GMAT range (10th-90th percentile) 590-700
Students with prior work experience 75
Average work experience (months) 72

Undergraduate Majors

TOEFL required for international students Yes
Minimum TOEFL score required 620 paper test
105 internet-based test

Factors and Procedures Used in Admissions

(Data appear as originally submitted by this school)

Full-time program
Applicants must have 4-yr bachelor degree from an accredited institution (or equivalent) and be fluent in English. 24 months of post-college work experience is recommended. Applicants must submit application: app fee,2 letters of recommendation,2 essays,Univ. transcripts, GMAT/GRE, TOEFL(int’l students),and resume. Applications are reviewed holistically. Interviews are by invitation only.
Executive program
Applicants must have a four-year bachelor’s degree from an accredited institution, minimum of five years work experience (average is 12 years), and English language fluency. Applications are considered holistically with particular attention to essay, work history and responsibilities, post-M.B.A. goals, prior academic performance, letters of recommendation, honors, achievements, and test scores.
Part-time program
Applicants to the Texas Evening Program must have: the equivalent of a 4-year U.S. bachelor’s degree, at least 2 years work experience, current employment, and fluency in the English language. The admissions committee considers the following components of the application: personal essays, work history, post-MBA goals, prior academic performance, letters of recommendation, and test scores.
Part-time distance learning program N/A

Admissions Contacts

Director of admissions Rodrigo Malta
Full-time program phone (512) 471-7698
Full-time program E-mail TexasMBA@mccombs.utexas.edu
Full-time program website http:/​/​www.​mccombs.​utexas.​edu/​mba/​full-time
Executive program phone (512) 471-7698
Executive program E-mail TexasEMBA@mccombs.utexas.edu
Executive program website http:/​/​www.​mccombs.​utexas.​edu/​mba/​emba
Part-time program phone (512) 471-7698
Part-time program E-mail TEMBA@mccombs.utexas.edu
Part-time program website http:/​/​www.​mccombs.​utexas.​edu/​mba/​temba
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A

Business School Academics

Program Offerings

(15) Departments/concentrations
accounting not-for-profit management
consulting production/operations management
entrepreneurship portfolio management
finance public policy
general management real estate
international business supply chain management/logistics
marketing other
management information systems
Departments with highest M.B.A. demand consulting, entrepreneurship, finance, general management, marketing
Types of M.B.A. programs offered full-time traditional two year, part-time evenings and weekends, part-time off campus, part-time other, traditional executive MBA
Joint programs available arts, engineering, international studies, law, public policy/administration, Nursing, Communication, Lat Amer / Asian / Mid East / Russian-East Eur Studies

Curricula Descriptions

(Data appear as originally submitted by this school)

Full-time program
McCombs’ curriculum enables students to build, manage, and lead enterprises that create value in a dynamic, global economy. The Texas MBA prepares students for successful leadership through opportunities with prominent companies and organizations, a flexible learning environment, multiple market-driven concentrations, and prolific research centers driven by internationally renowned faculty.
Executive program
The Texas Executive MBA is a rigorous general management curriculum designed for mid-career professionals who want to change their career trajectory while carrying the full responsibilities of their jobs. The Executive MBA prepares students for ever-increasing leadership responsibilities as their careers evolve. The diploma and faculty are the same as in the traditional MBA program.
Part-time program
The Texas Evening curriculum prepares students to lead, build, and manage enterprises that create value for stakeholders and constituencies in a dynamic, global economy. The hallmarks of the Texas Evening MBA program includes a rigorous general management educational experience that prepares all students for success and a collaborative rather than competitive learning environment.
Part-time distance learning program N/A

Business School Ranking

#17 Best Business Schools

(11) Ranking by Specialties

#1 in Accounting
#7 in Entrepreneurship
#15 in Executive M.B.A.
#14 in Finance
#4 in Information Systems
#15 in International
#18 in Management
#11 in Marketing
#7 in Part-time M.B.A.
#11 in Production / Operations
#15 in Supply Chain / Logistics

Business Ranking Scores

These data apply only to full-time students.

Score 76
Peer assessment score (out of 5) 4.0
Recruiter assessment score (out of 5) 3.7
Acceptance rate 25.3% – Low
Average starting salary and bonus $118,410 – High
Average undergraduate GPA 3.43 – High
Average GMAT score 692 – High
Full-time graduates employed at graduation 75.2% – High
Full-time graduates employed three months after graduation 88.8% – Medium
Enrollment (full-time) 534

Business School Student Body

Student Body (Overall)

Enrollment 731

Student Body (Full-time)

Enrollment (full-time) 534
Minority students 21.0%
International students 22.5%

Student Body (Part-time)

Enrollment (part-time) 197
Minority students 25.4%
International students 11.7%

Business School Cost

Financial Aid Contact Information

Financial aid director Jeremy Wells
Financial aid phone (512) 471-7605

Expenses

Tuition
Full-time: $32,140 per year (in-state)
Full-time: $47,136 per year (out-of-state)
Part-time: $88,000 total program (in-state)
Required fees $700 per program
Room and board, books, and miscellaneous expenses $18,004
Average indebtedness of 2011 graduating class $76,361

Financial Aid Availability

College-funded aid (fellowships, assistantships, grants, or scholarships) available Yes
Fellowships N/A
Teaching assistantships N/A
Research assistantships N/A
International students eligible for college-funded aid Yes

Business School Career and Salary Statistics

University of Texas–Austin has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2011

Full-time graduates 278
Full-time graduates known to be seeking employment 242
Full-time graduates employed at graduation 75.2% – High
Full-time graduates employed three months after graduation 88.8% – Medium

Base Salary: Overall

Total reporting base salary 201
Low base salary $50,000
Average base salary $101,412
High base salary $160,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $50,000
Average base salary: U.S. citizens $101,775
High base salary: U.S citizen $160,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $70,000
Average base salary: Foreign nationals $99,998
High base salary: Foreign nationals $130,000

Signing Bonus: Overall

Total reporting signing bonus 148
Low signing bonus $3,000
Average signing bonus $23,085
High signing bonus $60,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $5,000
Average signing bonus: U.S. citizens $24,187
High signing bonus: U.S. citizens $60,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals $3,000
Average signing bonus: Foreign nationals $18,751
High signing bonus: Foreign nationals $45,000

Other Compensation: Overall

Total reporting other compensation 15
Low other compensation $1,004
Average other compensation $19,654
High other compensation $50,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens $1,004
Average other compensation: U.S. citizens $17,486
High other compensation: U.S. citizens $45,000

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals N/A
Average other compensation: Foreign nationals N/A
High other compensation: Foreign nationals N/A

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.

Number reporting marketing/sales jobs 56
Marketing/sales low salary $65,000
Marketing/sales average salary $96,436
Marketing/sales high salary $135,000
Number reporting operations/production jobs 10
Operations/production low salary $65,000
Operations/production average salary $97,000
Operations/production high salary $125,000
Number reporting general management jobs 13
General management low salary $50,000
General management average salary $97,077
General management high salary $137,000
Number reporting finance/accounting jobs 71
Finance/accounting low salary $65,000
Finance/accounting average salary $95,880
Finance/accounting high salary $150,000
Number reporting management information systems (MIS) jobs 3
Management information systems (MIS) low salary $95,000
Management information systems (MIS) average salary $111,000
Management information systems (MIS) high salary $130,000
Number reporting consulting jobs 44
Consulting low salary $75,000
Consulting average salary $117,295
Consulting high salary $135,000
Number reporting human resources jobs 1
Human resources low salary N/A
Human resources average salary N/A
Human resources high salary N/A
Number reporting having jobs in other areas 3
Other occupations low salary $100,000
Other occupations average salary $120,000
Other occupations high salary $160,000

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.

Number reporting government jobs 0
Number reporting manufacturing jobs 9
Manufacturing low salary $80,000
Manufacturing average salary $98,111
Manufacturing high salary $125,000
Number reporting non-profit jobs 3
Non-profit low salary $50,000
Non-profit average salary $65,000
Non-profit high salary $80,000

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.

Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 21
Northeast low salary $65,000
Northeast average salary $100,381
Northeast high salary $150,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 2
Middle Atlantic low salary N/A
Middle Atlantic average salary N/A
Middle Atlantic high salary N/A
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 11
South low salary $90,000
South average salary $101,818
South high salary $130,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 12
Midwest low salary $82,000
Midwest average salary $94,542
Midwest high salary $108,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 121
Southwest low salary $50,000
Southwest average salary $100,054
Southwest high salary $160,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 22
West low salary $90,000
West average salary $113,014
West high salary $137,000
Number reporting jobs located internationally 12
International low salary $73,000
International average salary $101,548
International high salary $145,167

The McCombs School of Business at University of Texas--Austin