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Graduate Catalog | 2005-2007
Red McCombs School of Business

Business Administration

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Master of Business Administration

Facilities for Graduate Work

Facilities for graduate study in business include state-of-the-art classrooms and seminar rooms, most of which are equipped with multimedia and computer terminal facilities. Computer classrooms, computer laboratories, a Financial Trading and Technology Center, and a behavioral science laboratory are also available. A variety of special collections and databases are available for research and study. In addition, there are extensive study and research facilities for individual and group projects.

Library holdings in business, economics, and related areas are unusually comprehensive; the University has several noteworthy collections, such as those on Latin America and Texas, that are of special interest to business students. Also available are personalized reference services, including library instruction classes, Web-based subject and course guides, and an extensive array of online business and statistical databases; a tax collection; and a large selection of materials to aid in productive problem solving. These holdings are located in the Perry-Castaneda Library and are available through the University Libraries Web site.

Other facilities of interest, especially to students of international business, include the Center for International Business Education and Research, the Benson Latin American Collection, the Teresa Lozano Long Institute of Latin American Studies, the Center for Middle Eastern Studies, the Center for East Asian Studies, the South Asia Institute, and the Population Research Center. Additional opportunities for research are provided by the AIM Investment Center; the Center for Business Measurement and Assurance Services; the Center for Business, Technology, and Law; the Center for Customer Insight; the Manufacturing Systems Center; the Center for Organizations Research; the Center for Real Estate Finance; the Center for Research in Electronic Commerce; the EDS Financial Trading and Technology Center; the Hicks, Muse, Tate & Furst Center for Private Equity Finance; the Herb Kelleher Center for Entrepreneurship; the IC2 Institute; and the Supply Chain Management consortium.

The McCombs School of Business has its own computer network that links the school's laboratories and other computing resources. The network is also connected to the University's computing infrastructure. All Master of Business Administration (MBA) students are required to own a laptop computer.

The MBA Program Office provides information, academic advising, and student services to MBA students; contact information is given below.

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Areas of Study

Graduate study is offered in the following functional areas of business: accounting, finance, management, information technology, and marketing. Students in the full-time program may concentrate their coursework in one of these areas. They may also choose one of the following specializations: financial reporting and control; corporate finance, investments, and financial services; energy finance; private equity finance; real estate finance; entrepreneurship; operations management; global business management; market-based consulting; information management; customer insight; and social enterprise.

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Graduate Studies Committee

The following faculty members served on the Graduate Studies Committee in the spring semester 2004-2005.

Anitesh Barua
Alison Davis-Blake
James W. Fredrickson
Stephen M. Gilbert
Kate Gillespie
Genaro J. Gutierrez
D. Eric Hirst
Julie R. Irwin
Steven J. Kachelmeier
Robert Parrino
Ramesh K. S. Rao
Thomas W. Sager
Steven R. Salbu
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Admission Requirements

Several scheduling options are available to students seeking the MBA: full-time, executive, and evening programs in Austin; weekend programs in Dallas and Houston; and a weekend program on the Mexico City campus of the Instituto Tecnologico y de Estudios Superiores de Monterrey.

Admission decisions for all programs are based on the applicant's test scores, academic and professional background, letters of recommendation, and other factors. Applicants to the Mexico City program may submit scores on the Graduate Management Admission Test (GMAT) or the Tecnologico de Monterrey Prueba de Admision a Estudios de Posgrado (PAEP); all other applicants must submit GMAT scores. TOEFL or IELTS scores are required of applicants to the Mexico City program and all other applicants who received their undergraduate education in a non-English-speaking country.

Upon admission to the program, the student must pay a nonrefundable enrollment deposit to indicate that he or she accepts the offer of admission. The deposit is applied to the payment of fees when the student enrolls. Students who demonstrate financial need may qualify for assistance to cover the deposit. The deposit is also required of students admitted to the dual degree programs described below.

More information about the admission process for each program is published by the McCombs School.

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Degree Requirements

The objective of each of the programs described below is to develop managers who are able to assume high-level responsibilities in the rapidly changing national and international environment of the public and private sectors. The curriculum is designed to stimulate intellectual curiosity; to develop analytical and research ability; and to give students the ability to make sound managerial decisions, to plan, organize, and control activities in order to achieve established goals, and to manage people, organizations, and change. Students are expected to acquire the concepts, tools, and understanding to operate in and contribute successfully to new economic environments. Such environments are characterized by rapid technological change, global competition, and information-rich or information-deficient management decisions. Each program is designed to accommodate students with baccalaureate degrees in a wide variety of fields. Each affords the student a wide range of choices to complete a course of advanced study that integrates developments, theory, and applications involved in the exercise of executive and staff administrative responsibilities.

Full-Time Program

The full-time MBA, sometimes called Option I, is a two-year program taught in Austin. Students enter the program in the fall and graduate at the end of the second spring semester. Fifteen hours of coursework are required each semester.

A total of sixty semester hours is required. Twenty-seven hours are provided by required core courses. Students are required to take certain core courses in an assigned cohort.

During the first semester of the program, students are organized into cohorts of about seventy members. The students in each cohort take most core courses together. Within the cohort and in particular courses, students may be assigned to four- or five-person study groups to encourage group problem solving and teamwork and the development of leadership skills.

Thirty-three semester hours of graduate electives are required; with the adviser's approval, nine hours may be taken outside the McCombs School. The student may concentrate the elective coursework within a discipline, such as marketing, or may choose a specialization, such as customer insight; each specialization consists of a sequence of courses that offers strong preparation for a particular career path. Students are not required to choose a concentration or specialization.

Option I MBA students are required to earn ethics certification. Certification requirements are set by the Option I MBA Policy Committee.

Further information about prerequisites, requirements, and concentrations is available from the MBA Program Office, and by e-mail.

Weekend and Evening Programs in Austin

A carefully planned program of continuing training and education for executives is essential in today's dynamic business environment. The following programs, sometimes called Option II, provide this graduate business education for midlevel to senior managers while permitting them to continue their careers.

Weekend scheduling (executive) option. The executive MBA program is a two-year course-scheduling option with classes held on alternate Fridays and Saturdays. This rigorous and demanding program requires a serious commitment on the part of both the student and the student's employer. All students must complete thirty-six semester hours of required coursework and six hours of electives.

Prospective students should have at least five years of experience in management. The average work experience of currently enrolled students exceeds ten years. A brochure describing the program is available from the Executive Education Office. Information is also available at the McCombs School Web site and by e-mail.

Evening scheduling option. The evening MBA program is a three-year course-scheduling option with classes on Monday and Tuesday evenings. Students attend classes in the fall, spring, and summer; they must complete forty-eight semester hours of coursework (sixteen courses). The high academic standards and dedicated faculty are the same as in the full-time MBA program.

Weekend Programs outside Austin

The following two-year "Option III" programs allow midlevel managers and professionals to pursue a graduate education in business while maintaining their careers. These rigorous and demanding programs require a serious commitment from the student and the student's employer. Additional information about them is published by the McCombs School.

Dallas, Houston. The MBA programs in Dallas and Houston require students to complete forty-eight semester hours of coursework. Classes meet every other weekend, from 4 to 8 pm on Fridays and from 8 am to 5 pm on Saturdays. Students also take part in two intensive courses in Austin and an international study course.

Mexico City. This executive program is conducted in cooperation with the Mexico City campus of the Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM). Students who complete the program earn both the MBA degree from the University and the degree of Maestria de Administracion from ITESM. Classes meet every other weekend, from 8 am to 5 pm on Fridays and Saturdays. Students complete forty-five semester hours of coursework and take part in three one-week executive seminars, two in Austin and one at an international location.

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Dual Degree Programs

The McCombs School of Business offers several dual degree programs in cooperation with other divisions of the University. The dual degree programs allow students to prepare for careers that encompass both business and another discipline. Each program is administered by faculty and staff members from the McCombs School and from the cooperating field. All requirements of both programs must be met, and both programs must be completed, in the same semester, for either degree to be awarded.

A student seeking admission to a dual degree program must apply through the Graduate and International Admissions Center; to enter the MBA/JD program, the student must apply for admission both to the Graduate and International Admissions Center and to the School of Law. The student must be accepted by each individual program in order to be admitted to the dual program. Like all other graduate applicants, the student is responsible for submitting any additional information required by the Graduate Studies Committee for each program and for meeting any admission conditions imposed by either program.

Prospective students should be aware that the area studies degrees listed below--Asian studies; Latin American studies; Middle Eastern studies; and Russian, East European, and Eurasian studies--all include a language proficiency requirement. Further information about prerequisites, requirements, and coursework for the dual programs is available from the MBA Program Office.

Field of Study Degree Total Hours
Advertising Master of Arts 69
Asian studies Master of Arts 66-69
Communication studies Master of Arts 69
Journalism Master of Arts 69
Latin American studies Master of Arts 66-69
Law Doctor of Jurisprudence 134
Mechanical engineering, with a concentration in
manufacturing and decision systems engineering
Master of Science in
Middle Eastern studies Master of Arts 69-75
Nursing, with a concentration in nursing systems Master of Science in Nursing 72 [1]
Public affairs Master of Public Affairs 75
Radio-television-film Master of Arts 69
Russian, East European, and Eurasian studies Master of Arts 69
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International Program

Students interested in a Master of Business Administration degree with an international focus may seek admission to the International Program. This program allows students in the full-time MBA program to take a substantial part of their coursework at a partner school outside the United States. The student must complete at least thirty-six semester hours of graduate coursework in residence at the McCombs School and must also fulfill the foreign school's requirements for coursework in residence. Students who complete the program earn both the MBA from the University and the equivalent degree from the partner school.

Applicants must be proficient in English and must have advanced language skills in German, Portuguese, or Spanish. The McCombs School offers this program in cooperation with ESADE Business School in Barcelona, Spain; Escuela de Administracion de Negocios para Graduados, Lima, Peru; Fundacao Getulio Vargas, Sao Paulo, Brazil; Instituto Tecnologico y de Estudios Superiores de Monterrey, Mexico; Pontificia Universidad Catolica de Chile, Santiago; and WHU--Otto Beisheim Graduate School of Management, Vallendar, Germany. Additional information on the International Program is published by the McCombs School.

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For More Information

Campus address: College of Business Administration Building (CBA) 2.316, phone (512) 471-7612, fax (512) 471-4131; campus mail code: B6004

Mailing address: The University of Texas at Austin, MBA Program, McCombs School of Business, 1 University Station B6004, Austin TX 78712



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Graduate Catalog | 2005-2007 Business Administration program | courses

Fields of Study

    Office of the Registrar     University of Texas at Austin copyright 2005
    Official Publications 16 Aug 2005