My MBA Career: Texas McCombs Full-Time Program Counters Gloom & Doom About The MBA

Last Updated on January 15, 2024 by Robert C. Hoopes

The University of Texas at Austin McCombs School of Business has reported a boost in applications for its full-time MBA program in 2023. While the increase may seem modest at 1.2%, it showcases the school’s strong position in the MBA landscape.

Several factors have contributed to the school’s growth. The strong return on investment, affordable tuition compared to other top-ranked programs, and excellent career outcomes make Texas McCombs an attractive choice for prospective students. Moreover, the appeal of Austin as a study destination, with its vibrant business environment and high quality of life, further adds to the school’s allure.

This growth is particularly notable considering the overall decline in MBA applications worldwide. According to the Graduate Management Admission Council, there has been a 5% decrease in MBA applications. Even other top MBA programs like UCLA Anderson and Columbia Business School have experienced declines in applications. Interestingly, only one other elite MBA program, Stanford Graduate School of Business, has reported an increase in applications in the same timeframe.

To add to their achievements, Texas McCombs has witnessed a 9.5% increase in enrollment and a record-setting 20% of first-generation college students in its MBA program for the year 2023. Moreover, the incoming class has met or exceeded the academic benchmarks set by previous years. This highlights the school’s commitment to maintaining educational standards.

The class also boasts a highly diverse student body, with significant representation from under-represented minorities, women, and military veterans. This increase in diversity further solidifies Texas McCombs’ appeal and its position as a leader in the MBA landscape.

It’s not just the full-time MBA program that has seen growth. The school’s other graduate business programs, including the Working Professional and Executive MBA programs, also experienced an increase in applications and a 9% growth in class size.

The increase in diversity and representation within Texas McCombs’ student body underscores the school’s dedication to providing accessible and impactful education. By attracting a wide range of students, the school is creating an inclusive and enriching learning environment.

Overall, the University of Texas at Austin McCombs School of Business has displayed exceptional growth and achievement in their MBA programs. Their rising application numbers, increased enrollment, and commitment to diversity position them as leaders in the MBA landscape.