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2002 FULL-TIME MBA PROFILE
University of Texas at Austin
McCombs School of Business — Professional Full-time MBA Program

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments


Address: MBA Program Office, McCombs School of Business
University of Texas at Austin, 1 University Station, B6004
Austin , TX 78712
E-Mail: McCombsMBA@bus.utexas.edu
Web site: http://texasmba.bus.utexas.edu


ENROLLMENT

2002/2003 Classes begin: Aug. 28, 2002

Year program was founded: 1922

Institution is: U.S., Public

Length of program: 21 months


Total graduate enrollment 1,361
Full-time 805
Part-time MBA students (on-campus) 126
Part-time MBA students (distance program) n/a
EMBA 188
PhD program 118
 
Current total undergraduate business school enrollment 4,674
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 26%
International students (1) 24%
Underrepresented minority (2) students 9%
Married 31%

Percent students from following regions:
Africa 1%
Asia 12%
Central/South America, Mexico 8%
Eastern Europe 1%
Middle East 0%
North America
 (Canada: 1% / U.S.: 99%)
76%
Oceania 0%
Western Europe 1%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 5%
Midwest U.S. 9%
Northeast U.S. 8%
South U.S. 4%
Southwest U.S. 58%
U.S. Possessions and territories 0%
West U.S. 14%

(1) Students from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


CLASS TRAITS

GMAT Scores
Average 678
Range (middle 80%) 640 - 710

TOEFL Scores*
Mean TOEFL score 640
Minimum TOEFL score required 600

Work Experience (months)
Average 62
Range (middle 80%) 40 - 83
Enrolled students with one year or less of work experience 0%

Student Age (years)
Average 28
Range (middle 80%) 26 - 30

Salary
Average annual pay forgone to enter program n/a

* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.


ADMISSIONS

Application fee (resident): $125

Application fee (non resident): $125

2,681 people applied to the full-time MBA program in 2002. The school accepted 29% (selectivity) of those applicants, and 52% of admitted applicants (yield) enrolled in the program.

The B-school placed 110 applicant(s) on its wait list, from which 38 ultimately enrolled in the program. 4% of applicants had applied in prior years, and of those reapplicants 45% were accepted.

Applicant Profile:
Female applicants 23%
International applicants (1) 42%
Underrepresented minority (2) applicants 6%
Applicants with one year or less work experience 0%

Interviews for MBA applicants are:
Recommended

In 2002, the B-school interviewed 31% of its full-time MBA applicants, and 40% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


INVESTMENT AND DEADLINES FOR CLASS OF 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $23,852
Nonresident $50,012
 
Expected monthly rent $1,003
Recommended annual budget (1) $35,000

Application deadline(s) Nov. 1, 2002
Feb. 1, 2003
Mar. 15, 2003


Rolling admissions? Yes

Financial aid deadline(s): Mar. 31, 2003

First-year MBAs:
Average financial aid package $16,000
Range (middle 80%) $12,038 - $19,700
Average first-year scholarship awards (not including loans) $4,612

Second-year MBAs:
Average financial aid package $16,000
Range (middle 80%) $12,038 - $19,700
Average second-year scholarship awards (not including loans) $3,850
 
Full-time MBAs receiving financial aid through B-school 70%

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Merit-based
Need-based

50 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) No

Maximum amount students can borrow: n/a

Average outstanding loans for 2002 graduates: $15,500

Financial aid web-site:
http://texasmba.bus.utexas.edu/admissions/finaid/


(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.


CONTACTS

Dean George Gau
Hired as of June 17, 2002
 
MBA program director Steve Salbu, Associate Dean of Graduate Programs
 
MBA admissions director Matt Turner
 
MBA financial aid director Mary Gielstra, Financial Aid Officer
 
MBA career services director Sharon Lutz
 
Alumni relations director Christina Mabley


 
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TEXAS AUSTIN INSIDER CONTENT
Admissions Q&A
Admission Interview Tips

TEXAS AUSTIN PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
Part-time '04 | '03 | '02 | '01 | '00
EMBA '03 | '01
Exec ed '03

TEXAS AUSTIN INFO
Admissions Q&A '03 | '99 | '97
Placement Q&A '00 | '98
Financial Aid Q&A '99 |
Video Views Dean Gau 2003
B-School Calendar
Search for articles about Texas Austin

TEXAS AUSTIN RANKINGS
Full-time MBA rank:
2004:  19    1994:  17    
2002:  21    1992:  --    
2000:  17    1990:  18    
1998:  18    1988:  --    
1996:  20    
BW ranking history

EMBA rank:
2003:  8    1997:  --    
2001:  12    1993:  --    
1999:  --    



Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments

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