Jan 14, 2020

The Top 5 Texas Salaries for MBA Grads

Texas Salaries

While many business hubs of the world lie in major cities like New York and Tokyo, plenty of opportunities lie elsewhere. Like Texas, for instance. This state is home to growing cities, such as Austin, Houston, and the Dallas-Fort Worth region, which saw the largest population growth than all U.S. cities. So why not consider these top MBA grad Texas salaries to see if it’s the place for you? 

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Posted in: Dallas, Featured Home, Featured Region, Houston, MBA Rankings, News, US News | 0 comments

Jul 8, 2019

Rice University Debuts MBA Deadlines for 2019-20

Rice MBA Deadlines

Hopeful applicants to the next full-time MBA class at the Rice University Jones Graduate School of Business have some new deadlines to remember.

New Rice MBA Deadlines

Round One

Application Deadline: Oct. 11, 2019
Decision Notification: Dec. 6, 2019

Round Two

Application Deadline: Jan. 3, 2020
Decision Notification: March 13, 2020

Round Three

Application Deadline: April 3, 2020
Decision Notification: May 8, 2020

Learn more about the Rice Jones MBA program here.

Posted in: Advice, Deadlines, Featured Home, Featured Region, Houston, News | 0 comments

May 23, 2018

The Texas MBA Programs Guide: Houston vs. Dallas

Texas MBA

If you’re looking to earn a Texas MBA, where should you go to school? Should you choose a top MBA program in Dallas or Houston? First, we need to take a look at the cities.

Living in Dallas vs. Houston

First, let’s take a look at the cost of living in Dallas vs. Houston. According to Numbeo, the world’s most extensive database containing user contributed data about cities, the overall cost of living is relatively similar: $4,242 in Houston compared to $4,000 in Dallas. Houston barely edges out Dallas with a slightly higher cost of living, and here’s how that’s broken down.

  • Consumer Prices: 35 percent higher in Houston
  • Rent Prices: 7.30 percent higher in Houston
  • Restaurant Prices: 27 percent higher in Houston
  • Groceries Cost: 95 percent higher in Houston
  • Local Purchasing Power: 26 percent lower in Houston

Other things to consider when choosing between Dallas and Houston include:

  • Industries
    • Houston is known for being the oil capital and is an ideal location for jobs in the energy industry.
    • Dallas, on the other hand, is known for real estate (Tramelle Crow is headquartered here), as well as hedge funds and asset management firms.
  • Economic Development: According to Site Selection Magazine, Houston and Dallas are comparatively equal when it comes to economic development, ranking second and third respectively.
  • Top Companies: Houston edges out Dallas for being home to more Fortune 500 companies. In fact, Houston is home to 27 top companies compared to 14 in Dallas. However, they rank second and third respectively.

However, according to Forbes, “while Houston and Dallas have decent amenities (and having better ones surely wouldn’t hurt), they aren’t places that offer a unique lifestyle brand, such as charming architecture or a cutting-edge arts scene.”

Texas MBA Programs

The next step is to compare the top three MBA programs in each city. In particular, we wanted to take a look at the tuition rates (two years), GMAT averages, and post-graduation salaries at each program in each city to get a well-rounded picture.

Overall, there are a few things to note right away.

  • The top full-time MBA programs in both cities are ranked well. However, Houston programs tend to rank higher on major ranking sites such as The Economist and Bloomberg Businessweek.
  • Houston tends to be more expensive regarding tuition ($93,052 vs. $69,191), but it also pays a higher salary ($110,000 vs. $92,000). This balances out with around a $25,000 difference in tuition and a $20,00 difference in post-graduation salary.
  • Finally, GMAT averages for class profiles tend to be higher in Houston as well (688 vs. 660).

Here’s how it all breaks down per school.

Top 3 Houston MBA Programs

McCombs School of Business – University of Texas at Austin

The McCombs School of Business offers a full-time MBA, an Evening MBA, a Weekend MBA, and an Executive MBA program. And it’s considered one of the top business schools in the country, consistently ranking highly on various lists, including ranking 28 according to The Economist.

  • Tuition Rates (two years): $91,000
  • GMAT Averages: 703
  • Post-Grad Salaries (Mean): $117,068

Rice University – Jones Graduate School of Business

The Jones Graduate School at Rice University offers a full-time MBA program, an MBA for Professionals (part-time), and an Executive MBA Program. The school’s full-time MBA program ranked 10th on the Bloomberg Businessweek list in 2017.

  • Tuition Rates (two years): $116,000
  • GMAT Averages: 711
  • Post-Grad Salaries (Mean): $112,158

Mays Business School – Texas A&M University

The Mays Business School has both a full-time MBA program as well as a part-time Professional MBA program. In addition, the school offers an Executive MBA. In 2017, The full-time MBA program ranked 20th overall by Forbes, and 22nd overall by Bloomberg Businessweek.

  • Tuition Rates (two years): $72,158
  • GMAT Averages: 649
  • Post-Grad Salaries (Mean): $103,299

Top 3 Dallas MBA Programs

Naveen Jindal School of Management – University of Texas at Dallas

The Naveen Jindal School offers a full-time MBA, part-time Professional MBA, Executive MBA, and Global Leadership Executive MBA program. The full-time MBA is well ranked according to the U.S. News & World Report, ranking 16th among public university programs in the U.S.

  • Tuition Rates (two years): $27,603
  • GMAT Averages: 678
  • Post-Grad Salaries (Mean): $86,644

Cox School of Business – Southern Methodist University

The Cox School of Business at SMU offers a full-time MBA, Fast Track MBA, Professional MBA (part-time), and an Executive MBA program. Most recently, SMU Cox achieved its first Financial Times ranking at 91st.

  • Tuition Rates (two years): $91,952
  • GMAT Averages: 661
  • Post-Grad Salaries (Mean): $96,587

Neeley School of Business – Texas Christian University

At the Neeley School of Business at TCU, MBA applicants can apply to the full-time MBA, Accelerated MBA, Professional MBA (part-time), Accelerated Professional MBA, or MBA for Energy Professionals program. The Economist ranked the Neeley School MBA ranks 61st overall on its most-recent ranking.

  • Tuition Rates (two years): $88,020
  • GMAT Averages: 640
  • Post-Grad Salaries (Mean): $93,010

Dallas vs. Houston Breakdown in Charts

When breaking down the data between MBA programs in Dallas and Houston, here’s what it looks like:

Texas MBA Tuition

Texas MBA GMAT Averages

Texas MBA Post-Graduation Salaries

Posted in: Dallas, Featured Home, Featured Region, Houston, News | 0 comments

Nov 9, 2017

Getting Paid: The Highest-Earning Houston MBA Grads

highest paying houston mba

Houston metro is not just home to mouth-watering Texas barbecue and some of the most beautiful beaches in the country. It is also one of the most diverse places on the planet. The melding of cultures and trades yields a booming economy that spreads across a variety of industries, not to mention the best Tex Mex in the world.The city’s thriving economy combined with a low cost of living also makes for a large contingent of cultural philanthropists and institutions, giving Houston one of the great art scenes in the US. Delicious food and cultural perks aside, earning an MBA in Houston is a practical decision for a multitude of reasons. Houston is one of the most populous cities in the US, and it is home to nearly two dozen Fortune 500 companies.

For future industry leaders looking to pursue especially lucrative careers, we’ve laid out the schools that produce the highest paid MBAs in Houston.

Rice University — Jones Graduate School of Business

For b-schoolers aspiring to take high-powered positions with an equally respectable pay off, the Jones Graduate School of Business may be a viable option. The MBA students who graduated in 2016 had an impressive average base salary of $112,158, with an average signing bonus of $25,475. About 34 percent of these grads pursued finance or accounting, and the second most popular industry was consulting (24.7 percent). Though Rice’s rankings and stats are objectively impressive, this school also works to build a sense of community. Class sizes are relatively small, at 40 people per class, and professors strive to familiarize themselves with the students they teach.

Mays Business School – Texas A&M University

The rigorous MBA program at the Texas A&M Mays Business School is sure to provide MBAs with the tools they need to launch high-income careers. The average base salary for the class of 2016 was $103,299. This represents an impressive 87 percent increase from the average pre-MBA salary. The full-time track involves a formidable course load during the first year, as this is when 75 percent of students’ 49 credit hours will be completed. This creates more freedom to pursue internships and electives in the following months, though internships are generally completed during the summer.

YOU MIGHT ALSO LIKE: The Houston International MBA Programs You Need To Know

McCombs School of Business – University of Texas at Austin

At the McCombs School of Business, the mean starting salary for the MBA class of 2017 was a remarkable $117,068, with an average signing bonus of $28,349. A respectable 29 percent of these graduates accepted jobs in the technology field, while 21 percent secured jobs in consulting. This cohort-based program offers MBAs the opportunity to thoroughly map out their academic trajectory, so their education stays aligned with their career goals. This program is unique in that students complete one semester of required courses, and completely design their own curriculum for the remaining three semesters. Students can also design their course choices around one of seven possible concentrations.

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Jul 26, 2017

Rice MBA Alum Promotes Quality Family Time New Subscription Box

Rice MBA Subscription Box

An MBA alum from the Rice University – Jones Graduate School of Business has combined her passion for quality family time with her entrepreneurial skills to create a new subscription box for busy parents.

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Posted in: Featured Region, News | 0 comments

Jun 27, 2017

Finding An MBA In Texas: Dallas Vs. Houston

mba Houston Dallas

Can a full-time MBA program differ per city? While you might assume that they’re all the same, the truth of the matter is that location can play a significant role in what’s available at any given program. Different cities focus on different industries or even job functions based on the expertise and companies within the metro area.

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Posted in: Advice, Featured Home, Featured Region | 0 comments

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