The Best B-Schools ——University of Texas at Austin

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PROGRAM BASICS
McCombs School of Business

1 University Station, B6100
University of Texas at Austin
Austin , Texas 78712

Web site
http://www.mccombs.utexas.edu/bba

Program e-mail address:
texasbba@mccombs.utexas.edu

Program telephone number:
(512) 471-0690

  
Public Institution

  AACSB accredited:
Yes





Year in which the undergraduate business program was founded:
1922

  Institution:
Four Year

  Business program:
Four Year

Degrees offered:

Degree/Program Name:
BBA / Bachelor of Business Administration

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Many top tier business schools face intense competition in cities that have many prestigious schools nearby. The McCombs School of Business does not face this competition in the southern region because there are not any top caliber business schools nearby. Cities such as Dallas and Houston provide tremendous room for career growth with many fortune 500 companies either headquartered or having offices nearby.

The motto, "Everything is bigger in Texas" stands true. We are one of the only top business schools in the nation with a considerably large student size. It takes great efforts for a business program to provide benefits and services for that many students, and I feel that the program has far exceeded my expectations. Additionally, the size allow us to have more alumni to tap into from a variety of industries, especially due to the fact that Texas houses the most Fortune 500 companies in the nation. McCombs also has this southern charm in that while business schools tend to be cut throat, there is a warm, friendly atmosphere even though we as a class are very competitive and motivated to succeed. McCombs deeply instills a culture of camaraderie and teamwork

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It's a great place to go if interested in working in the energy industry. Much of the recruitment is done my large oil companies located in Dallas and Houston.

The Finance and Accounting departments at McCombs are deservedly quite renowned, however when it comes to Management, International Business, or Marketing I believe that McCombs has a lot of room for improvement. In my experience, these courses have been quite broad and have lacked meaningful depth of study. That said, McCombs will certainly do its darndest to get you a job, so assuming this is your priority the school is top notch. Personally, while I certainly want a job upon graduation, I have felt let down by the academics and teaching quality of many of my business classes. In essence, I feel that McCombs is more or less a trade school.

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I feel that our student body is more diverse than most, and this better represents the business world. I also feel that our strong alumni network is a huge strength for the school.

I spent this past summer in New York City working for a hedge fund. Of the dozens of students I met working in finance, accounting, and consulting, there was a common thread among the McCombs students that I did not see in UVA, Penn, Michigan, and Ivy League kids: we have a professional maturity about us that is second to none. We offer (especially in finance and consulting) complete package students; we are smart, well-spoken, and fit perfectly with companies in a way I simply do not see in other schools.

I was never much of a person that liked the whole "team work" idea, but I have to admit that my skills and quality of work while working in groups and managing group dynamics has vastly improved. Every business class I took involved some group projects and group work. It was through some of this work that I learned how to deal with certain situations and that I was able to be versatile enough to play different roles within every group depending on what the group needed.

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I was accepted to the University of Pennsylvania Wharton School and the University of Texas. Choosing to be a Longhorn was the best decision I've ever made. My friends who go to Wharton have not had the consummate and fulfilling college experience I have had, and I attribute that to the amazing and vibrant culture at McCombs and UT. The students are well-rounded, the professors are accomplished, and the school is rich in resources, tradition, and activity. There is truly something for everyone at UT, and the depth of experience and development you can attain in four years here is unbelievable. I am living proof of how proud our student body is to be a Longhorn!

The career services at UT-A are outstanding. However, there are too many students and not enough counselors. I can only see my counselor for about 30 minutes every two weeks. When I need to ask her a question or see her I have to wait two weeks and by then it is already too late.

Career services more or less ignores management majors. I feel like they would go to the ends of the earth to help finance and accounting majors find interviews, but they were very inattentive to help me find a job or internship because of my major. The on-campus recruiting program had very few jobs that were open to management majors and this was very disappointing to me. I do think it is difficult for management majors to find jobs after graduation because we cannot demonstrate our "soft" strategic, HR, communication, or organizational skills readily or measurably during an interview.

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The University of Texas at Austin has a strong reputation and huge alumni base. McCombs is one of the top business schools in the nation. So naturally, the students have a great competitive advantage because of how hard it is to get into the program in the first place, and because the alumni base wants to help UT students maintain a legacy of success. I'm sure a lot of Texas-based companies would much rather have a McCombs grad than a Wharton grad.

The Business Honors Program is one of the best parts of the undergraduate business experience. Classes are small (around 20 students) and the professors are specifically selected to teach the honors section of various courses. The BHP provides a small community within the larger school so that I receive personal attention from professors and administrators, but also can take advantage of the opportunities at a larger school, such as an experienced career services office and extensive study abroad program (I am studying at a business school in Paris next semester). I am with the same group of students all four years so we become close friends and work on many projects together. The BHP is patterned after the MBA experience so we are very well prepared to enter the workforce and an MBA is often unnecessary for BHP graduates. I was a little unsure of my college choice (which I made based on lowest tuition) but am now convinced that this is a perfect place for me and because of the diversity of students in this program, any new freshman will easily find his or her place.

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INTERNSHIPS
Number of companies recruiting interns on-campus, 2008-09 academic year:
220

Companies posting internships on job boards, previous academic year:
1200

Top internship recruiters, 2008-09:



Merrill Lynch
  

PricewaterhouseCoopers
  
Target Corp.
  
Goldman Sachs Group
  
JPMorgan Chase & Co.
  
Ernst & Young
  
Dell
  
General Motors
  
Deloitte Touche Tomatsu
  
KPMG LLP
  
ConocoPhillips
  


Other Internship Recruiters:
Bazaarvoice 15 Shell Oil Co 8 Accenture 7 Dr Pepper Snapple Group 5

Percentage of internships that were paid, previous academic year
60  %

Mean internship compensation per week:
$  619

Median internship compensation per week:
$  560

Average internship, in weeks:
10

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Grads accepted jobs in following industries:

Accounting: 4  %
Consumer Products/Retail: 22  %
Consulting Services: 9  %
Financial Services: 24  %
Government/Education: 1  %
Pharma/Biotech/Health: 2  %
Manufacturing: 1  %
Media/Entertainment: 2  %
Petroleum/Energy: 9  %
Real Estate: 4  %
Sports/Leisure: 0  %
Technology/Science: 11  %
Non-Profit: 8  %
Transportation: 1  %
Utilities: 1  %
Other: 0  %

Percentage of job acceptances, US and Canada:

US: 100  %
Canada: 0  %

Grads accepted jobs in the following US regions:

Northeast: 10  %
Mid-Atlantic: 2  %
Midwest: 6  %
South: 2  %
Southwest: 76  %
West: 4  %
US Possessions/Territories: 0  %

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Grads accepted jobs in following functional areas:

Consulting: 25  %
Finance/Accounting: 38  %
General Management: 4  %
Human Resources: 1  %
Management Information Systems: 5  %
Marketing/Sales: 9  %
Operations/Production: 11  %
Logistics/Transportation: 0  %
Other: 7  %