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.

Curriculum

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.

Class Profile

The UT Austin Executive MBA class of 2018 currently has 68 students with an average age of 37. They have average of 14 years of work experience and an average GPA of 3.3. Twenty-nine percent of the students identify as female.

Careers

The McCombs School of Business is usually ranked among business schools in the U.S. for the number of MBA graduates who get job offers. The median salary of UT Austin full-time MBA graduates is around $115,000 with a median signing bonus of $25,000.

MBA students at McCombs have access to the Career Management Team. With the help of the Career Management Team students can connect with McCombs’s alumni network, receive personalized career guidance and attend networking receptions and career fairs.

Career planning is also built into the curriculum of the full-time MBA. During the first year students take a class called Strategic Career Planning. This class is meant to prepare students to make career choices and help them achieve their career goals. The class teaches students skills like interview training and marketing and networking techniques.

Tuition and Financial Aid

The program costs $116,800 for the class of 2019. The cost is paid in four installments over the course of the program which are due approximately six weeks before the semester begins. A $2,000 deposit is required once the applicant accepts admission. There is an additional fee of $4,000-$4,600 per semester for non-Texas residents.

The costs include 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.

Admissions Procedure

Applicants to the UT Austin Executive MBA program at the McCombs School of Business 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 applicants must 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 two mandatory essays and can submit an additional optional essay as well.

The first mandatory essay asks the applicant to explain their motivation for choosing McCombs. The other mandatory essay is an introduction of the student. It can be completed in one of two formats: a 250 word essay or a one minute video. The optional essay is an opportunity to petition to waiver test scores or talk about any other concerns that the student wants to address. 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.

Application Deadlines

The next round of application deadlines to the McCombs Executive MBA program are as follows:

Round One – October 17, 2017
Round Two – January 30, 2018
Round Three – March 27, 2018
Round Four – May 29, 2018