McCombs School of Business, Full Time MBA
The McCombs School of Business at The University of Texas at Austin is renowned for its Full-Time MBA program, delivering an education that profoundly shifts student perspectives. McCombs focuses on active learning, engaging students hands-on through consulting work, case competitions, and real-world projects. This program fosters an interactive, diverse educational setting, inviting students from numerous professional realms to enrich discussions with their unique viewpoints. Graduates from the McCombs Full-Time MBA program step out as ethical, informed leaders armed with sharp analytical skills, strategic vision, and a commitment to drive innovation and instigate meaningful advancements within various sectors and institutions.
What’s unique about Texas McCombs?
- Emphasis on Principled Leadership: The McCombs School of Business prioritizes shaping leaders who value ethical practices and responsible business strategies. Their core courses emphasize ethics, sustainability, and social responsibility, ensuring students develop a responsible mindset alongside their business expertise. This prepares students to lead with purpose and integrity in their future careers.
- Energy Management Focus: Situated at the heart of the world’s energy hub, McCombs provides an exceptional Energy Management concentration. This program prepares students to tackle the energy sector’s challenges, covering everything from resource extraction to investment and sustainable energy solutions. Students gain invaluable insights into energy-related challenges and opportunities, positioning them for success in this vital sector.
- Entrepreneurial Ecosystem: McCombs, cultivates an environment that sparks and supports entrepreneurship. Initiatives like the Jon Brumley Texas Venture Labs, Longhorn Startup Lab, and Founders’ Introduction to Exit Strategies provide practical experience, guidance, and investment support for emerging entrepreneurs, helping transform innovative ideas into profitable businesses.
- Global Perspective: Understanding international business practices is crucial in today’s world. McCombs offers a variety of international programs, including study tours, student exchanges, and consultancy projects abroad. These experiences allow students to immerse themselves in varied business environments and cultures, which is indispensable for global corporate success.
Class Profile
Academic Statistics
Class of 2025 | |
---|---|
Class Size | 241 |
Applications Submitted | NA |
Median GPA | 3.46 |
Average Age | 29 |
International Students | 26% |
Countries Represented | NA |
Female Students | 35% |
Average GMAT | 704 |
Median GRE (Quant/verbal) | 161/160 |
% Reported GRE | NA |
Average Work Ex | 5.9 years |
The McCombs School of Business Full-Time MBA Class of 2025 presents a remarkable blend of high academic scores and diverse professional backgrounds. The students, on average, bring a GMAT score of 704 and a GPA of 3.46, showcasing their strong academic abilities. Attracting learners from around the globe, the classroom is enriched with 26% international students and maintains gender diversity with 35% women. With an average professional experience of nearly 6 years, the cohort’s expertise spans across critical sectors such as finance, tech, healthcare, consultancy, and media. Their educational foundations are equally varied, including business, economics, STEM, and humanities, contributing to a vibrant learning culture. The class profile is a testament to McCombs School’s dedication to developing a community of future business leaders with a global perspective.
McCombs School of Business Application Guide
The McCombs MBA Program is exactly what you need, whether you need a career switch, promotion to a higher rank, or to prepare a start-up. This much-esteemed program gives you all the tools, skills, and contacts you need to create an empire from the ground up. In addition, alumni and business connections are promising, which means this program will position you for the future.
Transform your future today at the McCombs School of Business. McCombs’s high-powered education, flexible program options, and tradition of innovation and adaptability immerse you in the right environment to accomplish all your career goals.
What is the McCombs School of Business MBA Program acquiring rate?
McCombs’s acceptance rate is 37.9%. However, this has to be read within the context of the admitted student population; the average GMAT, for instance, is 704.
Reference: https://www.clearadmit.com/schools/mccombs/#:~:text=How%20hard%20is%20it%20to,of%20those%20who%20are%20admitted.
What is the McCombs Business School MBA Cost?
Here are the program cost details regarding the Full-Time MBA entering the class of August 2024.
Program Installments per Semester
Semester | Cost |
Fall 2024 | $26,909 |
Spring 2025 | $26,909 |
Fall 2025 | $26,909 |
Spring 2026 | $26,909 |
TOTAL* | $107,636 |
Estimated one-year tuition for Non-Texas Residents: $59,684.
Reference: https://www.mccombs.utexas.edu/graduate/mba/full-time-mba/tuition-financial-aid/
Does McCombs School of Business offer loans and scholarships?
Texas McCombs students get their monetary financing using a blend of federal loans, private loans, scholarships, employer benefits, and savings. Know how to explore the financial aid avenues that are best for you.
Federal Loans
Federal student loans are given to U.S. citizens or permanent residents by completing FAFSA. Additional loans for living expenses must be requested later via McCombs Financial Aid, with packaging beginning in late May/June.
Private Loans
Private loans should be applied for two or three months before the start of the program. To process approved funding, notify McCombs Financial Aid using the Private Loan Certification Request Form.
International Student Loans
International students are eligible for loans with or without a U.S. co-borrower; however, the conditions may vary. UT Austin does not recommend lenders but works with all to process the origin of favored loans.
If you have not lived and worked in Texas for a year, you will likely qualify as an International Texas Resident, who may be entitled to funding options.
Scholarship Information
U.S. Citizens & Permanent Residents
The scholarships awarded to McCombs students may range from $2,000 to full tuition. They include the recruitment scholarships and self-CGSM, which is affiliated with Forté, ROMBA, and Teach for America and comes with extra features and money.
International Students
McCombs International MBA also offers scholarships to eligible international students, including full tuition, SYLFF Global Fellowships, Forté, ROMBA, and Teach for America partnerships, working towards increased diversity and leadership.
Current MBA Students
McCombs 2nd Year MBA Scholarships
You can apply for a continuing student scholarship into your second year while in your first year of the Full-Time MBA program. Scholarships for study at the McCombs School of Business result from the generous giving of individual donors and corporate supporters. Decisions are made based on a meritorious and need-based basis.
You will receive timely communication from the McCombs Financial Aid team on when the scholarship application is available, usually around March of your first year.
UT Austin Continuing Student Scholarships
The Office of Scholarships and Financial Aid (OSFA) at UT Austin announces that the Continuing/Transfer Scholarship Application is available every academic year from November 1 through April 1. Applications received are considered for scholarship funds which OSFA administers. If you need a list of scholarships offered through this application, check out Texas One Stop’s Scholarship Finder.
External Scholarships
Many private organizations offer scholarships of various categories to graduate students. Some external scholarship searches can be done through the following resources:
- Pay It Forward MBA
- Fastweb
- Salle Mae Graduate School Scholarship Search
- Juno – MBA Scholarships
Teaching & Research Assistantships
Individual academic departments within McCombs are responsible for identifying teaching and research assistantship positions. We encourage incoming students to connect with the academic departments directly upon arrival to campus to identify these opportunities.
Please be aware that assistantships are limited and that obtaining a position during the first semester is very difficult. MBA students cannot take on teaching or research assistantships for more than 15 hours per week and do not gain in-state tuition by an assistantship. Students should consider their mandatory 15-hours-per-semester course load when considering any assistantship.
Reference: https://www.mccombs.utexas.edu/graduate/mba/full-time-mba/tuition-financial-aid/
What are the demands of doing an MBA from McCombs?
- Standardized Tests & Waivers
- Academic Transcripts
- Resume
- Letter Of Recommendation
- Essay Prompts
- Optional Statement
- Video Assessment
- Mba Interview
Reference: https://www.mccombs.utexas.edu/graduate/mba/full-time-mba/admissions/application-process/
McCombs Business School MBA Deadlines?
There are four rounds of applications for the Full-Time MBA program, which opens yearly in August.
Round 1
Application Due: October 15, 2024
Decision Delivered: December 17, 2024
Round 2
Application Due: January 15, 2025
Decision Delivered: March 27, 2025
Round 3
Application Due: April 1, 2025
Decision Delivered: April 29, 2025
Round 4
Application Due: May 15, 2025
Decision Delivered: June 5, 2025
Reference: https://www.mccombs.utexas.edu/graduate/mba/full-time-mba/admissions/application-process/
What ranking does McCombs Business School MBA have?
The University of Texas–Austin (McCombs) ranks No.16 (tie) among the 124 best business schools in the country and No.7 above 269 in terms of Part-time MBA. The institutions evaluated their performance using a set of widely appreciated indicators of excellence.
McCombs Business School by the Numbers:
- Global Ranking: #16 (current ranking for MBA programs globally)
- Class Composition: 454 enrolled.
- Class Size: The percentage of women is 34.1%.
Reference: https://www.usnews.com/best-graduate-schools/top-business-schools/the-university-of-texas-at-austin-01222
McCombs Business School Undergraduate Program?
The McCombs School of Business’s undergraduate program is quite popular among students. It offers specializations under Bachelor of Business Administration (BBA) degrees, such as Accounting, Finance, Marketing, Management, and Business Analytics. The program prepares students with business fundamentals, provides leadership development, and provides real-world application through internships and global opportunities.
McCombs BBA by the Numbers
- #6 Undergraduate Business
- 12 Undergraduate Specialties
- #1 Accounting Program
- 4810: Total Enrolled Students
- 19%: First-Generation College Students
- 49%: Females
- 11 BBA Acceptance Rate
Take A Look At The Costs
Texas Residents
Cost Per Semester
(Spring or Fall)
Tuition: $6,788
Room and board: $7,414
Non-Texas Residents
Cost Per Semester
(Spring or Fall)
Tuition: $23,249
Room and board: $7,482
Cost Comparison
Annual tuition at McCombs*: $13,576
Average annual tuition at other top 10 business schools: $58,102
*for Texas residents
Reference: https://www.mccombs.utexas.edu/undergraduate-programs/bba/admissions-and-cost/
What is the McCombs Executive MBA tuition?
Below is the program cost structure for the Executive MBA class commencing August 2024.
Executive MBA Class of 2026
(entering August 2024)
Program Installments per Semester
Semester | Cost |
Fall 2024 | $32,400 |
Spring 2025 | $32,400 |
Summer 2025 | $32,400 |
Fall 2025 | $32,400 |
Spring 2026 | $32,400 |
TOTAL* | $162,000 |
Total Program Cost includes:
- Program tuition and registration fees
- Digital case studies and articles for students (students may need to purchase textbooks themselves if required)
- Lodging and meals for 3 Immersions in Austin and 3 Immersions in major U.S. cities outside of Austin.
- International health insurance, lodging, and most meals during the Global Immersion
- Full access to the University of Texas Libraries and library resources
- Career management advisors and recruiting events sponsored by the institution
- Access to McCombs+ consulting projects, workshops, and up to 8 hours of personal executive coaching per year
- Access to guest speaker series and student organizations
- Network with more than 100,000 alums in McCombs.
Reference: https://www.mccombs.utexas.edu/graduate/mba/executive-mba/tuition-and-financial-aid/
Why Choose McCombs Business School?
Choose McCombs Business School, which possesses an eminent faculty and cutting-edge curriculum and is situated in Austin, Texas, the raging hub of business and technology. With a range of programs, industry connections are said to be the strongest, and with preparation for leadership and entrepreneurship, McCombs is seriously preparing students for global success. Top-notch programs, a real alumni network, and experiential learning make it suitable for aspiring business leaders. Our MBA consultants for McCombs Business School give customized guidance to help you create a standout application and secure your place in this reputable program.
Our Support for McCombs School of Business
Achieve your MBA dreams at McCombs School of Business with The MBA Edge by your side. Our insight into the school’s unique appeal ensures that we tailor an application strategy highlighting your fit with their challenging academics, team-focused learning, and drive for shaping ethical leaders. Our MBA admission Consultants are tailored to present your narrative in a manner that engages McCombs’ admissions team. We’ll align your background, aspirations, and values with McCombs’ focus on integrity in leadership, innovative thinking, and international outlook. From developing persuasive essays and honing interview skills to securing strong recommendations and refining your CV, we offer full support during your application journey. We aim to not only help you gain admission but also to prepare you to thrive in your MBA journey.
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