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2003 FULL-TIME MBA PROFILE
University of Texas at Austin
McCombs School of Business

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@mccombs.utexas.edu
Web site: http://www.mccombs.utexas.edu
Directions to school


ENROLLMENT

2003/2004 Classes begin: Aug. 27, 2003

Year program was founded: 1922

Institution is: U.S., n/a

Length of program: 21 months


Total graduate enrollment 1,721
Full-time MBA students 822
Part-time MBA students 208
Distance learning MBA students n/a
EMBA students 259
PhD program students 103
 
Current total undergraduate business school enrollment 4,514
 
Change in full-time class size in last 12 months -5%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 23%
International students (1) 24%
Married students n/a

For U.S. schools only:
African-American students 1%
Asian-American students 10%
Hispanic-American students 5%
Native American students 0%
White (non-Hispanic) students 60%

Students from the following regions:
Africa 0%
Asia 14%
Eastern Europe, Central Europe and Central Asia 0%
Latin America and the Carribean 9%
Middle East 0%
North America
 (Canada: 0% / U.S.: 100%)
76%
Oceania 0%
Western Europe 1%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 3%
Midwest U.S. 8%
Northeast U.S. 7%
South U.S. 10%
Southwest U.S. 57%
U.S. Possessions and territories 0%
West U.S. 15%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 676
Range (middle 80%) 620 - 730

TOEFL Scores
Average TOEFL score 640
Minimum TOEFL score required 600

Work Experience (months)
Average 63
Range (middle 80%) 36 - 96
Enrolled students with one year or less of work experience 0%

Student Age (years)
Average 28
Range (middle 80%) 25 - 32

Salary
Average annual pay forgone to enter program n/a



ADMISSIONS

Application fee (resident): $125

Application fee (nonresident): $125

2,080 people applied to the full-time MBA program in 2003. The school accepted 40% (selectivity) of those applicants, and 47% of admitted applicants (yield) enrolled in the program.

The B-school placed 70 applicant(s) on its wait list, from which 33 ultimately enrolled in the program. 5% of applicants had applied in prior years, and of those reapplicants 51% were accepted.

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

Interviews for MBA applicants are:
By invitation only

In 2003, the B-school interviewed 35% of its full-time MBA applicants, and 53% 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 $25,946
Nonresident $54,266
 
Expected monthly rent $1,017
Recommended annual budget (Resident) (1) $27,635
Recommended annual budget (Nonresident) $41,795

2003-2004 Application deadline(s)
All applicants: Nov. 1, 2003
International applicants: Feb. 1, 2004
Mar. 15, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
International applicants: Feb. 1, 2004
Apr. 15, 2004

2003-2004 Financial aid deadline(s):
Mar. 31, 2004

First-year MBAs:
Average financial aid package $16,000
Range (middle 80%) $12,212 - $19,700
Average first-year scholarship awards (not including loans) $5,733

Second-year MBAs:
Average financial aid package $16,000
Range (middle 80%) $12,212 - $19,700
Average second-year scholarship awards (not including loans) $4,079
 

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
n/a

40 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 2003 graduates: $18,690

Financial aid Web site:
http://mba.mccombs.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 Dr. George Gau
Hired as of June 2002
 
Program director Elissa Ellis
 
Admissions director Matt Turner/Daniel Garza
 
Financial aid director Mary Gielstra
 
Career services director Sharon Lutz
 
Alumni relations director Tina 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:  --    



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