MBA at UT Austin – Admissions, Eligibility, Fees & Jobs

Located in Austin, United States, the University of Texas is a prestigious public research university. With an impressive QS university rank of #67. The university offers undergraduate, master’s, and MBA programs that attract students from all over the world.

The MBA at UT Austin is especially popular, ranked #18 in the US for a full-time MBA. In addition, it is ranked #7 for working professional MBA, as ranked by the US. News & World Report 2021. 

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About MBA at UT Austin

The first thing to remember is that the McCombs School of Business is a part of the University of Texas, specializing in MBA programs. Besides, a distinct part of UT Austin MBA is that the courses cater to all sections of society.  

Correspondingly, it consists of the following programs with varying durations, as listed below.

• Full-time MBA – 21 months 
• Evening MBA – 28 months
• Executive MBA – 20 months 
• MBA at Houston – 21 months
• MBA at Dallas/Fort Worth – 21 months

Modules

Regardless, the full-time MBA at UT Austin is divided into the fall semester, spring semester, and 2nd year. During the fall semester, the following courses are available:

• Financial Accounting
• Financial Management
• Statistics
• Microeconomics
• Marketing Management
• Operations Management
• Strategic Career Planning
• Custom Core #1 (One of four custom courses customized for your academic and career goals)

Furthermore, the spring semester consists of the below-listed subjects:

• Strategic Management
• Custom Core #2 (second of four Custom Core classes)
• Custom Core #3 (third Custom Core class)
• Custom Core #4 (The last Custom Core class)
• Elective
• Elective

With more than 100 electives to choose from, you can decide your specialization accordingly.

Next, the program’s last year allows you to pursue your academic curiosities and expand your network. As a result, the curriculum only consists of electives. Additionally, it focuses on you finding your ideal post-MBA position.

Academic Cycle

In light of 2 years and 3 semesters in the entire course, MBA at UT Austin offers core and elective courses. In addition, the credits vary according to the MBA you have chosen. By the same token, let’s look at the credits required for each.

• Full-time MBA: Requires 62 semester hours of coursework, with core courses covering 23 hours.
• Executive MBA: You must complete 34 hours of required course work and eight hours of electives, with 42 hours. Similarly, a minimum of eight years of work experience is required.
• Evening MBA: The completion requires 48 semester hours of coursework.
• MBA at Houston and MBA at Dallas-Fort Worth: Requires 48 semester hours of coursework. 

Admissions for MBA at UT Austin

Primarily, UT Austin Texas usually accepts applications for its MBA program for the fall semester. Moreover, the applications are accepted in three rounds, with the process starting every year in August. 

In addition, the applications have to be submitted by 11:59 PM Central Time on each deadline. Also, below is a list of the rounds, along with the application deadlines for the same. 

Round 1

• Application Due: October 12, 2021
• Decision Delivered: December 16, 2021
• Enrollment Deposit Deadline: February 3, 2022

Round 2

• Application Due: January 6, 2022
• Decision Delivered: March 24, 2022
• Enrollment Deposit Deadline: April 26, 2022

Round 3

• Application Due: March 29, 2022
• Decision Delivered: May 5, 2022
• Enrollment Deposit Deadline: May 17, 2022

Eligibility

You can apply and secure admission to MBA at UT Austin if you fulfil a specific set of criteria. These eligibility criteria are listed below.

• You must have a bachelor’s degree from a state-accepted institute; correspondingly, you must also have a comparable degree from a foreign institution. 
• A GPA of 3.0 on a 4.0 scale in an already completed graduate work. Although if your GPA does not meet the requirements, you can use the Document Upload System to add a letter citing your concerns.
• GRE, GMAT, TOEFL, or IELTS, depending on the requirement of your program. 
• Prior experience and adequate performance in your proposed graduate major.

Documents Required for Admission

To secure admission for an MBA at UT Austin, you must have the following documents in your possession:

• MBA application
• Transcripts
• Statement of Purpose
• Letters of Recommendations
• Self-reported test scores
• Resume
• English proficiency test exam scores

Cost of Attendance

It is essential to realize that the UT Austin MBA program incurs various costs throughout the duration of the course. Although subjected to change, UT Austin MBA fees for 2022-23 are listed below.

• Non-refundable deposit: USD 2000
• Tuition: USD 58,270
• Housing: USD 15,998
• Transportation: USD 1,618
• Books & Supplies: USD 1,034
• Personal / Misc.: USD 4,208

Last Class Profile

The MBA class of 2023 attracted individuals from all walks of life. Moreover, it presented the following statistics.

• A class size of 270 students
• Average age of 29 across all the MBA programs
• 80% of the students were from the 26-33 age group
• 38% of the total students were female
• 24% of the students were from foreign countries
• An average work experience of 5.5 years

Placements

Notably, the placements records for MBA at UT Austin have proven positive, with a base salary of USD 167,064 for MBA graduates. Likewise, graduates have witnessed a 29.1% increase in their salaries after completing the course.

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