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McCombs School of Business
N/A(0)
VerifiedPublicEstd. 1922
Founded
1922
Type
Public
University Guide
About McCombs School of Business
Explore overview, courses, fees, admissions, campus life, scholarships and student accommodation guidance in one premium Admistay guide.
McCombs School of Business, established in 1922, is the business school of University of Texas at Austin. It is globally recognized for its business programs such as MBA and EMBA. This business school is ranked at #42 position in the recenty published LinkedIn Top MBA ranking, 2024.
Located in the centre of UT Austin’s campus at the George Kozmetsky Center for Business Education, McCombs School of Business campus is home to 12,000 students coming from different countries.
With an acceptance rate of 34%, admissions at McCombs School of Business are considered to be very selective for applicants. International applicants seeking admission to McCombs must have a competitive GPA of 3.25 (87%) or more and scores of standardized exams to study in USA.
The general cost of attendance at McCombs School of Business is 58,270 USD (47.83 lakhs INR). However, students can easily get fee waivers by applying for various scholarships and financial aid by the university. With significant investments made by students, they can anticipate an impressive average annual earnings potential of 131,000 USD (1.07 crore INR).
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McCombs School of Business Rankings
McCombs Business School is one of the best business schools in the world. Recently, LinkedIn has ranked it in the 42nd position in the Global Top MBA ranking, 2024. All 12 undergraduate specialties are nationally ranked within the top 10, and the accounting program has held the country's number one position for two decades. Some other rankings are tabulated below:
|
Agency |
Rankings 2023 |
|---|---|
|
QS- Masters in Business Analytics |
#8 |
|
QS- Masters in Marketing |
#14 |
|
Qs- Masters in Finance |
#30 |
|
QS- International Trade Ranking |
#42 |
|
US News- Best Business Schools |
#20 |
|
US News- Part-Time MBA |
#6 |
McCombs School of Business Campus
The campus of McCombs School of Business offers students opportunities to indulge into various research and development projects. It also has various extracurricular programs like sports, culturals, dance, music and films for students. While on campus students can indulge in a lot of activities, some of these are:
- Students can enjoy a year-round array of amazing festivals, including the Austin City Limits Music Festival, Austin Film Festival, Austin Food & Wine Festival, South by Southwest, and Texas Book Festival.
- Students have the opportunity to visit iconic locations and theaters such as ACL Live at The Theater, Alamo Drafthouse, Broken Spoke, Austin City Hall, Congress Avenue Bridge Bats, and Sixth Street.
- Nature enthusiasts can immerse themselves in outdoor attractions like Barton Springs Pool, Barton Creek Greenbelt, The Butler Trail, Lady Bird Lake, and Zilker Metropolitan Park.
- With more than 20 centers and initiatives, professionals and academics come together to advance different sectors of business, ranging from supply chain management to blockchain and beyond.
- Various eateries around the campus area offer a diverse range of cuisines to satisfy students' culinary preferences.
McCombs School of Business Accommodations
McCombs School of Business has both on-campus and off-campus accommodation facilities for students joining the university.
On-Campus Accommodation
If you're an honours student at McCombs School of Business, you have the option to reside in the UT Honors Residence Halls, commonly referred to as the "Honors Quad." It accommodates approximately 600 students who are enrolled in various honors programs:
- The application for on campus accommodation needs to be filled as soon as the admission application gets approved.
- The application fee of 200 USD (16,400 INR) is required initially and later an advance of 300 USD (24,600 INR) also needs to be paid by the student once receiving the confirmation.
- The housing facility also follows an online plan selection where students can choose the housing and dining plans.
- The on-campus housing comes with a price range of 900 USD to 1,500 USD (73,800 to 1.23 lakhs INR) for one bedroom unit.
Off-Campus Accommodation
| Name | Rent per month (USD) | Rent per month (INR) |
|---|---|---|
| Ion Austin | 1,304 | 1.07 lakhs |
| Moon Tower | 1,200 | 98,400 |
| 21 Rio | 1,100 | 90,200 |
| Signature 1909 | 1,029 | 84,400 |
| The Ruckus | 1,109 | 91,000 |
McCombs School of Business Programs
Admitted students can choose from a variety of programs at McCombs School of Business. Some of the top programs include MBA and Executive MBA, along with other undergraduate, graduate, and doctoral courses. The fees of some of them is given below:
McCombs School of Business Application Process
Students willing to take admissions in McCombs School of Business need to be regularly updated with the application process. The admission criteria for international applicants are similar to those for domestic students. The eligibility criteria for admission to McCombs School of Business is explained below:
McCombs School of Business PG Admission Requirements
| Category | PG Admission Requirements |
|---|---|
| Application Portal | Apply Texas |
| Application Fee | 90 USD (7,388 INR) |
| Admission Requirements | Bachelor's degree |
| English Proficiency Requirements | TOEFL iBT: 100 | IELTS: 7.0 | PTE: 50+ |
| Standardized Test Score | GRE/GMAT scores optional |
| Additional Requirements | 2-3 LORs | Updated Resume/CV | Interview |
McCombs School of Business UG Admission Requirements
| Category | UG Admission Requirements |
|---|---|
| Application Portal | Texas Apply portal or Common App |
| Application Fee | 90 USD (7,388 INR) |
| Admission Requirements | Official high school transcripts |
| English Proficiency Requirements | TOEFL iBT: 79 | IELTS: 6.5 | PTE: 50+ |
| Standardized Test Score | SAT/ACT scores optional |
| Additional Requirements |
College Essay | 3 Short Answers | 2 LORs | Personal statement |
McCombs School of Business Cost of Attendance
The 2023 tuition cost in McCombs School of Business is around 47 lakhs INR. The room and board cost is around 14 lakhs INR. An estimated cost of studying in USA for all the international aspirants planning to enroll to McCombs School of Business is tabulated below.
| Fees | Rates per semester (USD) | Rates per semester (INR) |
|---|---|---|
| Tuition | 58,270 | 47.83 lakhs |
| Housing | 17,270 | 14.17 lakhs |
| Transportation | 1,682 | 1.38 lakhs |
| Books & Supplies | 1,034 | 84,800 |
| Personal / Misc. | 4,482 | 3.67 lakhs |
| Total | 82,738 | 67.92 lakhs |
McCombs School of Business Scholarships
If you are accepted as a freshman into McCombs, you will automatically be considered for a limited number of scholarships. As you progress from freshman to senior year, you will become eligible for additional scholarships offered by McCombs School of Business. Some of the scholarships for international students in USA are:
- These scholarships can include cash awards and out-of-state tuition waivers, ranging from 2,000 USD (1.64 lakhs INR) to full-tuition awards.
- Sylff Global fellow scholarship is provided by MBA management committee to promote diverse global perspectives.
- McCombs has partnerships with The Forte Foundation, Reaching Out MBA and Teach for America. Annually, McCombs MBA Admissions Committee selects MBA candidates for Fellowships with these organizations.
- Other than this financial aid is also provided every year by The Office of Scholarships and Financial Aid (OSFA) at UT Austin.
Check out below a list of popular scholarships for Indian students in USA:
McCombs School of Business Placements
The placement structure at McCombs School of Business is very impressive with top companies recruiting students from the campus.The average salary offered to graduates is 131,000 USD (1.07 crore INR). Some of the highest paying jobs in USA are:
| Job Title | Average Salary (USD) | Average Salary (INR) |
|---|---|---|
| Senior Product Manager | 136,553 | 1.12 crore |
| Finance Director | 143,797 | 1.18 crore |
| Chief Financial Officer (CFO) | 127,018 | 1.01 crore |
| Senior Financial Analyst | 101,022 | 82.93 lakhs |
| Vice President (VP), Operations | 184,500 | 1.51 crore |
| Project Manager | 109,059 | 89.53 lakhs |
| Chief Executive Officer (CEO) | 200,000 | 1.64 crore |
The undergraduate and postgraduate programs like MBA, Executive MBA, BBA etc. have different salary packages. The degree specific average annual salaries of McCombs graduates are as follows.
| Program | Salary in USD Per Year | Salary in INR Per Year |
|---|---|---|
| MBA | 165,000 | 1.35 crore |
| Executive MBA | 153,000 | 1.25 crore |
| BBA | 120,000 | 98.51 crore |
| Executive Masters | 183,000 | 1.50 crore |
McCombs School of Business Alumni
By completing your education at McCombs School of Business, you gain access to a network of over 100,000 alumni who can provide guidance and resources for your career planning. Additionally, McCombs offers ongoing learning opportunities to support its graduates as they make significant strides in their careers.
McCombs School of Business Notable Alumni
| Alumni | Designation | Achievements |
|---|---|---|
| Donald Evans | Former Secretary | Served as the 34th U.S. Secretary of Commerce during President George W. Bush's administration. |
| Bill Gurley | Venture Capitalist | Renowned venture capitalist and general partner at Benchmark, known for investments in tech firms. |
| Greg Abbott | Governor | Current Governor of Texas since 2015, known for his policies on immigration and energy. |
| William R. Johnson | Former CEO | Former CEO of the H.J. Heinz Company, leading the food processing company to significant growth. |
| Clay C. Williams | Former CEO | Former CEO of National Oilwell Varco, a prominent oilfield services company. |
McCombs School of Business is an estimed b-school where students are required to indulge themselves into industry based problem solving situations. The different courses provided by the university enhance the student understanding spectrum further and makes them work closely with real life problems. The B-school reports 77.2% graduates get employed at the time of graduation. The university's commitment to practical training, diverse scholarship opportunities, and high-quality programs positions it among the top universities in the world.
FAQ’s
Ques. Is McCombs School of Business hard to get into?
Ans. The admissions process at McCombs School of Business is highly competitive, with an acceptance rate of 34%, the lowest it has been in the past five years. This indicates that getting admitted to McCombs is a highly selective process for applicants.
Ques. What is the average GMAT for McCombs School of Business?
Ans. According to the McCombs MBA Class Profile of 2024, the GMAT score of students ranges from 660-750. This means that the average GMAT score of admission is around 706.
Ques. Is McCombs School of Business a top business school?
Ans. Yes, McCombs School of Business is globally recognized and ranked as one of the top business schools in the world. It offers excellent business programs such as MBA and EMBA. All 12 undergraduate specialties are nationally ranked within the top 10, and the accounting program has held the country's number one position for two decades.
Ques. What GPA do you need for McCombs School of Business?
Ans. International applicants seeking admission to McCombs must have a competitive GPA of 3.25 (87%) or more.
Ques. Is McCombs School of Business worth it?
Ans. In the 2023 rankings, McCombs excels in multiple areas. It ranks #8 for Masters in Business Analytics, #14 for Masters in Marketing, and #30 for Masters in Finance according to QS rankings. Additionally, McCombs School of Business has also gained recognition by the US News rankings, being ranked as the #20 Best Business School overall and an impressive #6 for Part-Time MBA programs. These rankings highlight the school's commitment to excellence and its ability to provide a high-quality education to students.
Courses & Fees
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Courses
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₹21,32,797.77
Exams
IELTS · TOEFL
Showing 5 bachelors
Overview
Degree TypeBachelor
Duration4 years
Study ModeFull Time
LanguageEnglish
Fees
Tuition FeeINR 47.9 L/Yr
Native FeeUSD 51,106 /Yr
Estimated Total₹2011735
Fee trendTuition progression
Admission Guide
Admission Process
The McCombs School of Business at UT Austin offers undergraduate and graduate program admission to international students in Fall. The b-school enrolls between 20-50% of international students across its various courses. McCombs School of Business reportedly has an acceptance rate of 37.9%, making it a highly competitive institute to get into.
The UT Austin has a holistic approach towards student admission, and its B-school also considers comprehensive evaluation of your application. For admission to the graduate programs in McCombs School of Business, Indian students require an average GPA of 3.48 on a 4.0 scale (89-90%). For undergraduate programs, transcripts from standard 9th to higher secondary or equivalent are required by the b-school.
English language proficiency is a must for admission to McCombs School of Business as an Indian student. A TOEFL iBT score of 79-100 or IELTS score of 6.5 or above is considered competitive for admission to the business school. Supporting documents required for admission may include essays, multiple LORs, CV, resume, and proof of work experience.
Table of Contents
McCombs School of Business Graduate Admissions
International students constitute 20-50% of the enrollment in most programs at the McCombs School of Business. While the admission criteria for domestic and international applicants are largely similar, international students must complete a few additional steps. Here are the details of admission to the graduate programs at McCombs:
- Application Portal: Apply Texas
- Application Fee: 90 USD (7,784 INR)
- Required Documents:
- Undergraduate degree certificate and official transcripts
- GRE/GMAT scores (optional)
- English proficiency test scores:
- TOEFL iBT: 79-100
- IELTS: 6.5-7.0
- Letters of Recommendation (2-3, with at least 2 academic LORs)
- Professional CV
- Interview (by invitation)
McCombs School of Business MBA Application Process
The McCombs School of Business has a structured application process for MBA programs. Preparing your application early and adhering to deadlines ensures a smoother experience. Below are the key steps to apply to MBA in UT Austin:
Step 1: MBA Preparation:
- Start Early: Begin your application and gather official transcripts. Have test scores (e.g., GMAT or GRE) sent directly to UT Austin.
- Engage with the Program: Attend MBA events, connect with alumni, and explore the Texas McCombs MBA Insider blog for application tips.
- Network: Gain insights by speaking with current MBA students and emailing the admissions team for clarifications.
Step 2: Application Submission:
- Submit your complete application by the round deadline, including:
- Essays
- Transcripts
- Self-reported test scores
- Letter of recommendation
- Resume
- Pay the application fee, which is invoiced 1-2 business days post-submission.
Step 3: Post-Submission Steps:
- Document Uploads: Upload official transcripts and confirm receipt of test scores within 1-2 business days.
- Monitor Status: Track your application status on the Applicant Community page and watch for email updates.
- Substantial Updates:
- Notify the university if you have significant updates, such as a promotion or improved test scores.
- Note that updates are not guaranteed to be reviewed.
McCombs School of Business MBA Admissions
Admission to MCCombs School of Business MBA is a streamlined process with a series of eligibility criteria for international students. About 23% MBA candidates of the b-school are international students. This structured process ensures a comprehensive presentation of the profile of all applicants. Here are the necessary requirements to apply for admission to MCCombs School of Business MBA program:
Eligibility Criteria:
- Bachelor’s Degree: Required from a regionally accredited U.S. institution or an equivalent foreign institution.
- Work Experience: Minimum of 2 years full-time post-bachelor's professional experience recommended.
Standardized Tests:
- GMAT: Average GMAT score 650-740
- GMAT Focus
- GRE: (Average GRE Verbal: 152-165 | Quant: 153-170)
- or Executive Assessment (EA).
- Test Waivers:
- Expired GMAT, GRE, or EA scores (5+ years old).
- Approved merit-based test waiver petitions.
English Proficiency:
- TOEFL iBT: 79
- IELTS: 6.5 or waivers (if applicable)
Academic Transcripts:
- Documents Needed: Official transcripts from all higher education institutions attended (excluding junior or technical colleges).
Resume and Letter of Recommendation:
- Resume: Should detail at least 2 years of professional, full-time work experience (not including internships).
- Recommendation: One letter (500 words) from a supervisor or someone who has assessed your performance.
Essays and Optional Statement:
- Essay Prompts: Three essays, each 250 words.
- Optional Statement: 250 words to address gaps in work experience, choice of recommender, or academic performance concerns.
Video Assessment and MBA Interview:
- Video Assessment:
- Mandatory post-application submission.
- 5 question prompts, with 1-3 minutes to answer each.
- Interview:
- Optional, virtual behavioral interview conducted by the McCombs Ambassador Committee.
- Duration: 20-30 minutes, including time for applicant questions.
McCombs School of Business MBA Deadlines
Admission to MBA in McCombs School of Business is offered in 4 rounds. The upcoming MBA application deadlines are as follows:
| Round | Application Due | Decision Delivered |
|---|---|---|
| Round 3 | April 1, 2025 | April 29, 2025 |
| Round 4 | May 15, 2025 | June 5, 2025 |
McCombs School of Business Undergraduate Admissions
The McCombs School of Business has a handful of undergraduate programs like BBA, and few Business Honors Program, and Texas iMPA (Integrated MPA). Below are the details of admission to these programs:
- Application Portal:
- Apply Texas portal, or
- Common App
- Application Fee: 90 USD (7,784 INR)
- Academic Requirements:
- High school transcripts
- College essay and 3 short answers
- SAT/ACT scores (optional) (Top 5%: SAT average: 1450 | ACT Average: 32)
- English proficiency test scores:
- TOEFL iBT: 79
- IELTS: 6.5
- 2 LORs
- Personal statement.
McCombs School of Business Admission Decision
The McCombs School of Business reviews applications in distinct rounds, with decisions released by the published deadline for each round. Once your decision is available, you will receive an automated email to access it. All decisions are final for the current application cycle.
To maintain the integrity of the admissions process, McCombs partners with Re Vera Services for employment and recommendation verification. Applicants must pay a verification fee of 120 USD (~10,378 INR) directly to Re Vera Services. The verification must be completed by the specified deadline, and any misrepresentation in the application may result in the rescission of the admission offer.
Also Explore: McCombs School Of Business Rankings
The McCombs School of Business offers competitive admission processes for both undergraduate and graduate programs, attracting a diverse and talented pool of students. The structured and transparent application process with defined deadlines and verification protocols, reflects McCombs' commitment to fairness. Whether applying to the MBA, MS, or undergraduate programs, prospective Indian students are encouraged to meet all requirements to enhance their chances of admission.
FAQs
Ques. What is the acceptance rate for McCombs School of Business at UT Austin?
Ans. The McCombs School of Business has an acceptance rate of 37.9%, making it a highly competitive institution. This reflects the rigorous selection process aimed at admitting top-tier candidates.
Ques. What is the average GPA requirement for Indian students applying to graduate programs at McCombs?
Ans. Indian students typically require an average GPA of 3.48 on a 4.0 scale (equivalent to 89-90%) for graduate program admissions. This highlights the importance of maintaining strong academic records.
Ques. What are the English language proficiency requirements for McCombs School of Business?
Ans. International students need a TOEFL iBT score of 79-100 or an IELTS score of 6.5-7.0 to qualify for admission. These scores ensure students can meet the academic and professional communication standards required by the school.
Ques. How many letters of recommendation are required for McCombs MBA applications?
Ans. Applicants must submit one letter of recommendation, ideally from a supervisor or someone who has assessed their performance. Graduate programs may require 2-3 LORs, with at least two being academic recommendations.
Placements & Recruiters
McCombs School of Business Placement Details
McCombs School of Business in Austin, Texas, United States placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.
Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Austin, Texas, United States.
Recruiters
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Salary Metrics
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Placement Metric
Average Package
N/A
Shows the typical package range students may expect based on the available average salary data.
Placement information is currently limited.
More salary or recruiter data may be updated later for this college.
Rankings over the years
Year-wise highlights from global and country rankings available for this university.
2022
Highlights
2022
2022
- Business: #17 in country
- Top source: Bloomberg
- 1 ranked streams
- Focus areas: Business
- 3 ranking records in 2022
2023
Highlights
2023
2023
- Business: #13 in country
- Top source: US News
- 1 ranked streams
- Focus areas: Business
- 3 ranking records in 2023
2024
Highlights
2024
2024
- Business: #15 in country
- Top source: US News
- 1 ranked streams
- Focus areas: Business
- 4 ranking records in 2024
2025
Highlights
2025
2025
- Best overall country rank: #15
- Overall: #15 in country
- Top source: Financial Times
- 2 ranked streams
- Focus areas: Business, Overall
- 2 ranking records in 2025
2026
Highlights
2026
2026
- Business: #17 in country
- Top source: QS
- 1 ranked streams
- Focus areas: Business
- 1 ranking record in 2026