McCombs School of Business – University of Texas at Austin
UT Austin Executive MBA Program Structure
The UT Austin Executive MBA program at McCombs School of Business is completed over the course of two years with classes all-day on alternating weekends running from 8 a.m. to 5 p.m. on Fridays and Saturdays for four consecutive semesters. Each year starts with a week-long executive seminar in preparation of the year. The year ends with another week-long seminar where students practice and apply what they’ve learned. At the end of the second year this seminar is held at an international location.
The UT Austin Executive MBA curriculum is based on a cohort system, consisting of 42 credit hours’ worth of classes. Students are put in groups of about five to encourage teamwork and development of leadership skills. The mentor program also assigns each student a mentor from the previous year’s class.
Each student takes the same core classes which cover essential business skills like effective communication, risk and change management and business ethics. Students also complete six elective hours from the following:
- Three or six hours of special study courses,
- Three or six hours of graduate coursework selected from the full-time MBA program’s electives,
- Or three hours of the Washington Campus elective, a three day residency program for
- Executive MBA students taking place in Washington DC concentrating on public policy and its impact on business.
The UT Austin Executive MBA class of 2017 currently has 69 students with an average age of 38. They have average of 15 years’ work experience and an average GPA of 3.3. The class is comprised of 16% female students.
McCombs School of Business was recently ranked as 11th in the nation for business schools with the highest percent of job offers. MBA students at McCombs have access to the Career Management Team. With the help of the Career Management Team students can connect with McCombs’ alumni network, receive personalized career guidance and attend networking receptions and career fairs.
Tuition and Financial Aid
The program costs $113,410 for the class of 2018. Students should expect an increase from year one to year two due to budgetary pressures. The cost is paid in four installments over the course of the program. A $2,000 deposit is required once the applicant accepts admission. Due approximately six weeks before semester begins. There is an additional fee of $4,000-$4,600 per semester for non-Texas residents.
The costs includes program tuition, registration fees, textbooks, case materials, software for core courses, lodging and meals during Executive Seminars held in Austin, and lodging and two meals per day at the international seminar (airfare not included). It also includes lunch for the Friday speaker series.
Applicants to the UT Austin Executive MBA program at McCombs School of Business program must have a Bachelor’s degree or a comparable degree from a foreign academic institution. The admissions criteria strongly recommend five years of professional experience.
The application process takes place online and students must first apply to the University of Texas at Austin UT EID program to gain access. Applicants must then submit a completed application, official transcripts, GRE or GMAT scores, a current resume, one professional recommendation letter and a $200 application fee. Students must also submit one mandatory as well as two optional essays.
The mandatory essay asks the applicant to explain their motivation for choosing McCombs. The first optional essay is an introduction of the student. It can be completed in one of three formats: a 250 word essay, a one minute video or a shared “about.me” page. The final optional essay is an opportunity to petition to waiver test scores. Test waivers will be considered for applicants with substantial work history or a terminal degree.
International applicants must also submit TOEFL or IELTS scores. Interviews are by invitation only.