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2004 FULL-TIME MBA PROFILE
University of Texas at Austin
McCombs School of Business
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 links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 25, 2004

Year program was founded 1922
Institution is U.S., Public
Business school accreditation:
AACSB
Southern Association of Colleges and Schools
Length of program 21 months

Enrollment
Total graduate business students 1,703
Full-time MBA students 712
Part-time MBA students 230
Distance MBA students n/a
Executive MBA students 310
PhD program students 114
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 4,318
 
Change in full-time class size in past academic year -18%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 20%
International students 1 26%
Married students n/a

For U.S. schools only:
African American students 1%
Alaskan Native of Pacific Islander American students 0%
Asian American students 10%
Mexican American students 6%
Puerto Rican students 0%
Other Hispanic American students 0%
White (non-Hispanic) students 56%
Multiethnic/Multiracial students n/a
Not reported 0%
Other 1%

Students from the following regions:
Africa 0%
Asia 14%
Eastern Europe, Central Europe and Central Asia 0%
Latin America and the Caribbean 9%
Middle East 0%
North America
 (Canada: 1% / U.S.: 99%)
75%
Oceania 0%
Western Europe 1%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 4%
Midwest U.S. 7%
Northeast U.S. 8%
South U.S. 6%
Southwest U.S. 61%
U.S. Possessions and territories 0%
West U.S. 13%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average670676678
Median680680680
Range (middle 80%)610-720n/an/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score 637
Minimum TOEFL score required 600

Work Experience (months)
Average 61
Range (middle 80%) 37 - 87
New entrants with one year or less of work experience 0%

Student Age (years)
Average 28
Range (middle 80%) 25 - 31

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $125
Application fee (nonresident) $125

1,647 people applied to the full-time MBA program in 2004. The school accepted 43% (selectivity) of those applicants, and 45% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity43%40%29%
Yield45%47%52%

3% of applicants had applied in prior years, and of those reapplicants 45% were accepted.

The B-school placed 104 applicant(s) on its wait list. 69 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 23%
International applicants 1 40%

Interviews for MBA applicants are:
By invitation only

In 2004, the B-school interviewed 59% of its full-time MBA applicants, and 96% of its admitted applicants.

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

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$29,212$25,946$23,852
Nonresident$60,232$54,266$50,012
Expected monthly rent $1,047
Recommended annual budget (Resident) 1 $30,172
Recommended annual budget (Nonresident) $45,682

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Nov. 1, 2004
International applicants:  Feb. 1, 2005

Rolling admissions? Yes

Deadline(s) for scheduling an interview
International applicants:  Feb. 1, 2005

Financial aid deadline(s)
International applicants:  Mar. 31, 2005
All applicants:  Mar. 13, 2005

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

80% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 80% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, 20% received institutional scholarships, 10% received assistantships, and 10% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $26,000
Scholarships: Based on a combination of need and merit


10 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
As part of the admissions application
Separate scholarship application


Average scholarship awarded $9,258
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $19,589


(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 Daniel Garza
 
Admissions director Daniel Garza
 
Financial aid director Mary Gielstra
 
Career services director Stacey Rudnick
 
Alumni relations director Tina Mabley

 
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TEXAS AUSTIN PROFILES
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Part-time '04 | '03 | '02 | '01 | '00
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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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