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Master of Business Administration Online

About the Program

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UTPB-Best Online MBA Programs 2018

Clock Complete in as few as 12 months

HourGlass 30-36 credit hour program (General MBA)

Laptop GMAT waiver: 3.25 GPA

AACSB

Courses

General MBA

  • 30 hours for BBA, 36 hours for non-BBA**
  • Core Courses (required – 15 credit hours)
    • ACCT 6301 Accounting Analysis
    • FINA 6320 Financial Management
    • MNGT 6320 Production & Operations Management
    • MNGT 6360 Organizational Behavior
    • MRKT 6310 Marketing Management
  • Courses Beyond Core (required – 18 credit hours)
    • ACCT 6311/ MNGT 6311 Information System Management
    • MNGT 6301 Legal Environment of Business
    • MNGT 6303 Analytical Models for Decision-Making
    • MNGT 6361 Business Research Methods
    • MNGT 6366 Strategic Management
    • MRKT 6301 International Business
  • Elective (3 credit hours)
    • Any 6xxx-level ACCT, FINA, MNGT or MRKT course not otherwise required.

MBA with Finance Emphasis

  • 33-36 hours for BBA, 42 hours for non-BBA**
  • The ‘core’ and ‘beyond core’ courses are the same as in General MBA.
  • The 3 Finance elective courses:
    • FINA 6325: Futures and Options
    • FINA 6322: Management of Financial Institutions
    • FINA 6330: International Finance

MBA with Accounting Emphasis

  • 33-36 hours for BBA, 42 hours for non-BBA**
  • The ‘core’ and ‘beyond core’ courses are the same as in General MBA.
  • Two options for suggested three (3) Accounting elective courses:
    • For CPA route:
      • ACCT 6305: Topics in Financial Accounting
      • ACCT 6313: Professional Ethics
      • ACCT 6315: Topics in Federal Income Tax
    • For Non-CPA route:
      • ACCT 6302: Contemporary Control Systems
      • ACCT 6304: Governmental and Not-for-Profit Accounting
      • ACCT 6320: Fraud Examination and Forensic Accounting

**Waiver Policies: Students with an academic business background may waive up to two core courses, decreasing the program to as few as 30 credit hours using the criteria below:

Core Course Policy for Waiver

ACCT 6301 6 cr hrs of accounting, including financial & managerial with a “B” average

FINA 6320 12 cr hrs of upper division finance with a “B” average

MNGT 6320 6 cr hrs of upper division production & operations management with a “B” average

MNGT 6360 6 cr hrs of upper division management with a “B” average

MRKT 6310 12 cr hrs of upper division marketing with a “B” average

Preparation Courses:

Upon admission students will be evaluated for statistical literacy. Students who need additional skills in this area are referred to MATH 6301 (statistical literacy) until literacy requirement is fulfilled. Statistical literacy (MATH 6301) must be remedied in the first semester in which the student is accepted into the MBA program and must be taken before the student enrolls in MNGT 6303, FINA 6320, MNGT 6361, MNGT 6366 or electives in accounting, finance, management, or marketing. 

Statistical Literacy – MATH 6301 or equivalent coursework including ability to complete and interpriet descriptive and inferential statistical analysis.

Tuition & Financial Aid

UTPB’s 100% online MBA program offers affordable tuition. For additional information, please visit our tuition rates .  

*Tuition and fee rates may vary per program. Please note: The tuition charges shown are subject to change based on legislative or regental action.

Financial Aid

For additional information regarding financial aid, please visit our Financial Aid page .

Admissions

Please review all the admission requirements for the UTPB MBA online program. For specific questions or more details, contact Graduate Studies at (432) 552-2530 or [email protected] .

Admissions Criteria

Online Application

Submit your application online .

Official Transcript

Submit transcripts from all colleges and/or universities.

GMAT

The Master of Business Administration (MBA) program is open to all students holding baccalaureate degrees from accredited colleges or universities and meeting the following provisions: satisfactory performance during the last two undergraduate years (or other evidence predicting success in graduate study), and a satisfactory score on the Graduate Management Admission Test (GMAT).

The requirements for admission to the MBA program are the same as the general University admission requirements with the following exceptions:

The Graduate Management Admission Test (GMAT) is a nationally recognized test designed specifically for students preparing to pursue the MBA degree. Students required to take the GMAT test must do so before completion of 6 semester hours of 6300 level coursework.

The GMAT score is converted to an entrance score according to the following formula: (GPA X 200) + GMAT = Entrance Score.

  • Regular Standing: Entrance Score at least 1120.
  • Conditional Standing: Entrance Score at least 1000 but less than 1120 and other evidence.

Students granted Conditional Status will normally be changed to regular status upon successful completion of a minimum of nine semester credit hours of MBA core course work with a grade of B or better in each course taken. No elective course may be taken by a student in conditional status.

*GMAT requirement may be waived for applicants with a cumulative undergraduate GPA of 3.25 and above or a GPA of 3.25 and above in the last 60 hours in the undergraduate degree, from an accredited university. Students who are granted the GMAT waiver will be required to submit two (2) letters of recommendation, at least one of which must be from an immediate supervisor or instructor that can testify to the applicant’s professional experience.

Choose one of six convenient start dates throughout the year for your online degree.

The online MBA program at the University of Texas of the Permian Basin (UTPB) has specific requirements that you must meet in order to enroll. Please read the admissions guidelines for the program in which you are interested. To apply, go to www.applytexas.org . Contact UTPB Graduate Studies at [email protected] or call (432 552-2530).

Application Deadlines:

Rolling admission. Complete the electronic MBA application here. 

Once the online graduate application has been submitted, it will be automatically routed to the Office of Admission at UTPB before it further routed to the Graduate Studies Office. To provide better advising services to the students, it is strongly recommended that the application and all required documentation be submitted no later than 30 days prior to the date of enrollment (There are 6 dates of enrollment for 2018 as in the table below).  

Start Date

Start Date

Start Date

Start Date

Start Date

Start Date

1/8/2018

3/5/2018

5/7/2018

7/2/2018

8/27/2018

10/22/2018

MBA Graduate Fall 2016 – Chineme Eke

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Photo by Mark Sterkel

OAOA: UTPB graduate overcomes challenges to earn MBA

Contact:

Office of MBA Program

MBA Advising
Phone: 432-552-3173
Fax:     432-552-2174
Email: [email protected]
Office: MB 2248

Office Hours
Monday – Thursday: 7:30 a.m. to 5:30 p.m.
Friday: 8:00 a.m. to 12:00 Noon
Saturday/Sunday: Closed

McCombs School of Business

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McCombs School of Business
UT McCombs School of Business logo.svg
Former names
• School of Business Administration (1922-1945)
• College of Business Administration (1945-2000)
Type Public Business school
Established1922 (1922)
Parent institution
University of Texas at Austin
Endowment $272.9 million (2015) [1]
Dean Jay Hartzell
Academic staff
205 [2]
Students12,937
Location Austin , Texas , U.S.
30°17′03″N 97°44′17″W / 30.284240°N 97.738066°W / 30.284240; -97.738066 Coordinates : 30°17′03″N 97°44′17″W / 30.284240°N 97.738066°W / 30.284240; -97.738066
Campus Urban
Colors Burnt Orange     
Website www.mccombs.utexas.edu

The McCombs School of Business, also referred to as the McCombs School or simply McCombs, is a business school at The University of Texas at Austin (U.S.). In addition to the main campus in Downtown Austin , McCombs offers classes outside Central Texas in Dallas , Houston and internationally in Mexico City . The McCombs School of Business offers undergraduate, master’s, and doctoral programs for their average 13,000 students each year, adding to its 96,920 member alumni base from a variety of business fields. [3] In addition to traditional classroom degree programs, McCombs is home to 14 collaborative research centers, the international business plan competition: Venture Labs Investment Competition (formerly known as “MOOT Corp”), and executive education programs.

McCombs is also the oldest public business school in Texas. [4]

Contents

  • 1 History
  • 2 Facilities
  • 3 Academic profile
    • 3.1 Admissions
    • 3.2 Organization
    • 3.3 Business Honors Program (BHP)
    • 3.4 Research
  • 4 People
    • 4.1 Alumni
    • 4.2 Faculty
  • 5 See also
  • 6 References
  • 7 External links

History[ edit ]

When the Business-Economics Building opened in 1962, it was the largest classroom structure on campus

The University of Texas at Austin (UT Austin) was founded in 1883, and the university’s School of Business Administration was established a few decades later in 1922. [5] The school quickly grew, establishing a Master in Professional Accounting program in 1948 and offering its first executive education programs in 1955.

Effects of the 1990s technology boom and dot-com bubble were palpable in Austin , leaving the nickname “Silicon Hills” on the city. One McCombs School program that has capitalized on this is the Venture Labs Investment Competition, is the oldest operating inter-business school new-venture competition in the world. Begun in 1984, it has been dubbed the “Super Bowl of world business plan competitions.” [6] Also opportunistic was the creation of the school’s first Management Information Systems degree in 1990. The MBA Investment Fund, LLC was also founded in 1994, becoming the first legally constituted investment fund run by Master of Business Administration (MBA) students and proving quite successful, with a 17.5 percent annual return to date. [5] Additionally, in 1995 the college became the first to require students have an e-mail address.

On May 11, 2000, an auto dealership owner Red McCombs announced a $50 million donation to UT Austin. In his honor, the College of Business Administration and the Graduate School of Business were merged under the newly created Red McCombs School of Business. [5]

In June 2007, AT&T pledged $25 million to the McCombs School towards the construction of the Executive Education and Conference Center. As part of the financial contribution, the center, which opened August 2008, will be named the AT&T Executive Education and Conference Center for the next 25 years. [7]

Facilities[ edit ]

See also: List of University of Texas at Austin buildings

Graduate School of Business Building

The McCombs School of Business is located in the heart of the University of Texas at Austin campus. The majority of the McCombs School is housed in a three-building complex called the George Kozmetsky Center for Business Education, named after philanthropist and former College of Business Administration dean, Dr. George Kozmetsky , at the intersection of 21st and Speedway Streets. [8] The McCombs School is bordered by Waggener Hall (the former home of the College of Business Administration) to the North, Gregory Gymnasium , and E.P. Schoch Building (one of the last overseen by campus master planner Paul Cret ) [9] to the East and is adjacent to Perry-Castañeda Library to the South.

The Business-Economics Building (now the College of Business Administration Building), opened in January 1962. It was the largest classroom structure on campus when it was built and housed the first escalator on campus. Today, it is home to the undergraduate programs at the McCombs School and the Bureau of Business Research. The building faces Speedway Street and unlike the majority of surrounding Mediterranean Revival Style architecture structures, most of the building is faced with brick. [10]

In March 1976, Graduate School of Business Building opened next to the existing building facing 21st Street. Since its inception, the addition to the College of Business Administration Building houses the separate graduate MBA program. The addition was constructed in a rhombus shape to protect a grove of trees on the north side of the building. [4] [11]

Located on the southwest corner of the UT campus, the AT&T Executive Education and Conference Center is a multi-function complex and hotel. The facility has multiple sized classrooms and breakout rooms, a 300-seat amphitheater, ballroom, three restaurants, and 297 hotel rooms. The center hosts all of the executive education programs for the McCombs School, including the Texas Executive Education and evening MBA programs. [12] It is the first building to be built to the U.S. Green Building Council’s LEED Silver certification standards on campus. [13]

A statue titled “The Family Group” by sculptor, and former UT College of Fine Arts professor, Charles Umlauf sits in the middle of McCombs Plaza at the southern entrance of the GSB Building. [14]

In August 2012, the University of Texas System Board of Regents approved a proposal for a new $155 million, 458,000-square-foot Graduate Business Education Center to serve the McCombs MBA students. Located across from the AT&T Executive Education and Conference Center, the new state-of-the-art building opened March 2018. This facility is called Robert B. Rowling Hall. [15]

Academic profile[ edit ]

McCombs is made up of a total of 6,487 students (Fall 2017): 4,703 undergraduates, 1,687 postgraduate, and 97 doctoral students. [16] An additional 6,450 undergraduates take coursework through the Texas Business Foundations Program (Texas BFP), described below, for a total enrollment of 12,973. All undergraduates classes are at the main campus in Austin while almost a fifth of postgraduate student classes are held outside of Central Texas in Dallas , Houston , and Mexico City . [17]

In addition to traditional graduation routes, McCombs offers a five-year program where students earn their BBA and Master in Professional Accounting (MPA) degrees concurrently. [18] The Texas BFP offers non-business majors the opportunity to grasp the fundamentals of business operations and minor in business while pursuing any undergraduate program at the University of Texas at Austin. Students in the Business Foundations Program take seven business courses (two lower-division and five upper-division) in addition to their existing undergraduate course work. Students who complete the program are capable of integrating their minor into their future career. [19]

Admissions[ edit ]

In Fall 2017, out of the 8,221 freshman applicants, 1,803 were admitted to the undergraduate program. [20] Unlike most colleges & schools at the University of Texas at Austin and the university itself, McCombs does not accept spring or summer applications. Prospective students must apply for admission only during the fall semester. [21] Both undergraduate and postgraduate applicants have similar admissions requirements. Applicants are evaluated holistically based on letters of recommendation, essays, transcripts, and a resume. [22] MBA applicants however are encouraged to have at least two years of full-time work experience and are required to take the Graduate Management Admission Test (GMAT). [23] For Fall 2017, the McCombs school received just over 2,500 applications for the Full-Time MBA program whose class size is 265. [24]

Organization[ edit ]

The McCombs School of Business awards the degrees of Bachelor of Business Administration (BBA), Master of Business Administration (MBA), Master in Professional Accounting (MPA), Master of Science in Business Analytics (MSBA), Master of Science in Finance (MSF), Master of Science in Technology Commercialization (MSTC), Master of Science in Marketing (MSM), Doctorate of Philosophy (PhD), as well as certificates upon completion of non-degreed Executive Education programs. [25] Programs awarding doctoral degrees at the McCombs School of Business are divided in five academic departments, Accounting , Finance , Information, Risk, and Operations Management (IROM), Management , and Marketing . [25] A sixth department, Business, Government and Society, was created in 2010 and does not award a doctoral degree.

Finance students are divided into six different specializations or “tracks.” The Corporate Finance and Investment Banking Track prepares students for careers as associates of corporate treasury departments, as financial analysts for corporations or investment banks, and as management consultants. The Energy Finance Track prepares students for positions in project-financing, valuation, and risk management in the energy sector. The Investment Management Track provides students with a background suitable for starting positions as financial analysts with investment funds, investment banks or other financial institutions. The Financial Markets/Banking Track prepares students for various financial institution-related careers such as lending officers and financial analysts. The Real Estate Track prepares students for positions in real estate commercial brokerage and appraisal, mortgage banking, loan underwriting, real estate development and investment, and property management. Finally, the General Finance Track for students who do not wish to specialize in any area. [26]

Business Honors Program (BHP)[ edit ]

Admission is based on high school class rank along with extracurricular activities, and is typically only offered to students in the top 2% of their graduating class. BHP courses are taught by some of the McCombs School’s most experienced faculty. Emphasis is placed on class discussion and presentations, case study analysis, and the research of actual business decisions. Enrollment in BHP classes is restricted to students in the program, and has small class sizes (generally 30-45 students).

Research[ edit ]

McCombs is home to over a dozen collaborative research centers focused on various business and investment sectors. Research centers are part of the academic departments and research information within that department according to the center’s specialty.

People[ edit ]

Alumni[ edit ]

See also: List of University of Texas at Austin alumni

Donald Evans , former U.S. Secretary of Commerce under George W. Bush , received an MBA from McCombs in 1974.

Graduates from McCombs receive competitive salaries and are solicited by some of the best companies in the world. In addition, a huge advantage that McCombs graduates have is the fact that Texas has so many companies based in the state, as well as large regional offices of those based elsewhere. Given these companies look to hire MBAs regionally (for example, Oil & Gas Investment Banking Divisions), their first choice is naturally to recruit from the McCombs School of Business which, in turn, insulates McCombs graduates from the job market that other graduates are facing in markets where there is more concentration of top business schools (for example, New York).” Furthermore, despite the recent economic downturn, McCombs has continued to maintain a very high job placement for its graduates due to the booming Texas job market. Top recruiters at McCombs historically include PriceWaterhouseCoopers , Ernst & Young , Deloitte , KPMG , Bank of America Merrill Lynch , JP Morgan Chase , Credit Suisse , Dell , Citigroup , Boston Consulting Group , Microsoft , Chevron , and BP . [27]

Alumni of the business school include:

  • Benchmark venture capitalist Bill Gurley ’93
  • Texas Governor Greg Abbott ’81 [28]
  • Southwest Airlines CEO Gary C. Kelly ’74 [29]
  • Heinz CEO William R. Johnson ’74 [30]
  • Former Texas Rangers owner Thomas O. Hicks ’68 [31]
  • ConocoPhillips CEO James Mulva (BBA) ’68 & (MBA) ’69 [32]
  • National Oilwell Varco CEO Clay C. Williams
  • Donald Evans ’73, former U.S. Secretary of Commerce [33]
  • C. John Wilder , former CEO of TXU
  • Kovid Gupta ‘2010, bestselling author and media mogul
  • The school’s namesake, Red McCombs , also attended the business school, going on to co-found Clear Channel Communications and co-own the San Antonio Spurs , the Denver Nuggets , and the Minnesota Vikings . [34]

Faculty[ edit ]

As of the 2015–2016 school year, the McCombs School employs 192 full-time equivalent faculty. [17] Jay C. Hartzell [35] is the 12th dean of the McCombs School of Business at The University of Texas at Austin. He joined UT in 2001 after teaching at New York University’s Stern School of Business, and prior to his current role, he held several key administrative roles at the McCombs School. His most notable positions include his service as the Senior Associate Dean for Academic Affairs, Chair of the Finance Department, and Executive Director of the McCombs School’s Real Estate Finance and Investment Center. Dr. Hartzell holds the Centennial Chair in Business Education Leadership and the Trammell Crow Regents Professorship in Business. He holds a B.S. in Business Administration and Economics (cum laude) from Trinity University and a Ph.D. in Finance from The University of Texas at Austin. His research focuses on real estate finance, corporate finance and corporate governance.

See also[ edit ]

  • List of United States business school rankings
  • List of business schools in the United States

References[ edit ]

  1. ^ “Endowment Information” . 
  2. ^ “Our School” . 
  3. ^ “Our School” . 
  4. ^ a b “Archived copy” . Archived from the original on August 19, 2003. Retrieved December 22, 2013. 
  5. ^ a b c History and Tradition – About the McCombs School of Business – The University of Texas at Austin Archived 2008-04-23 at the Wayback Machine .
  6. ^ “Norio Matsumoto: A Portrait of Building Credit” . Archived from the original on 2004-02-26. 
  7. ^ http://www.mccombs.utexas.edu/news/pressreleases/AT&T07.asp Archived 2009-03-10 at the Wayback Machine .
  8. ^ http://registrar.utexas.edu/catalogs/ug08-10/ch04/index.html [ permanent dead link ]
  9. ^ “History of Chemistry at UT” . Archived from the original on 2012-03-08. Retrieved 2009-04-20. 
  10. ^ “40 Acres: Buildings” . Archived from the original on 2009-04-26. Retrieved 2009-04-20. 
  11. ^ “UT Austin – VRC – Highlights” . Archived from the original on 2007-03-12. 
  12. ^ “AT&T Executive Education and Conference Center” . AT&T Executive Education and Conference Center. 
  13. ^ “Page Not Found” . [ permanent dead link ]
  14. ^ “Archived copy” . Archived from the original on 2008-07-08. Retrieved 2009-08-19. 
  15. ^ McCombs School of Business – The University of Texas at Austin. “Rowling Hall” . 
  16. ^ “Our School – McCombs Business School” . www.mccombs.utexas.edu. 
  17. ^ a b “Our School” . 
  18. ^ McCombs School of Business – The University of Texas at Austin. “MPA – Texas Master in Professional Accounting Program- McCombs School of Business” . 
  19. ^ “404! This page can’t be found!” . Archived from the original on 2009-07-21. Retrieved 2009-07-04. 
  20. ^ “404! This page can’t be found!” . Archived from the original on 2009-07-24. Retrieved 2009-07-04. 
  21. ^ “Apply for Freshman Admission – Undergraduate Admissions – The University of Texas at Austin” . Archived from the original on 2009-08-30. 
  22. ^ “Archived copy” . Archived from the original on 2009-07-26. Retrieved 2009-07-19. 
  23. ^ “Archived copy” . Archived from the original on 2009-07-10. Retrieved 2009-07-19. 
  24. ^ “Class Profile – McCombs School of Business” . www.mccombs.utexas.edu. McCombs School of Business, The University of Texas at Austin. 
  25. ^ a b “Archived copy” . Archived from the original on 2009-07-10. Retrieved 2009-07-04. 
  26. ^ “Archived copy” . Archived from the original on 2009-07-22. Retrieved 2009-07-04. 
  27. ^ “Recruiters” . BusinessWeek . Retrieved 2008-05-01. 
  28. ^ Greg Abbott
  29. ^ “Kelly” . BusinessWeek . Retrieved 2008-07-29. 
  30. ^ “Johnson” . BusinessWeek . Retrieved 2008-07-29. 
  31. ^ “Hicks” . BusinessWeek . Retrieved 2008-07-29. 
  32. ^ “Mulva bio” . BusinessWeek . Retrieved 2008-07-29. 
  33. ^ “Evans bio” . White House . Retrieved 2008-07-30. 
  34. ^ “McCombs bio” . UT Austin . Archived from the original on December 4, 2004. Retrieved 2008-07-29. 
  35. ^ “Dean Hartzell | McCombs Business School” . www.mccombs.utexas.edu. Retrieved 2016-09-15. 

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