UT-Austin McCombs School of Business - Admissions Stats

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Rank: Monkey | 56

John here from the PRO team. Thanks for the article. We'd like to select as PRO and have several feedback items. I want to know things like G.P.A,, or what things are important, and if you,or somebody you know got in can you tell me their stats.
This post is probably out of topic for WSO, but it is about business.

Thanks!

McCombs School of Business Acceptance Rate and Other Stats

While no official acceptance rate for the undergraduate business school exists, statistics released from 2012 implies a ~20% acceptance rate.

While limited data exists, user @arguewithatree shared their experience:

arguewithatree:

And top 8% won't cut it for mccombs. It's top 7.5% for UT (liberal arts) and about top 1-2% for auto into mccombs. If you're top 3% you might still be safe but you won't be an auto admit.

Lol your chances are not only 2%. If you're not top 5% then it will be very tough. Your test scores matter too. I know tons of soph transfers, it is a lot easier that way.
Furthermore, your chances into mccombs will not be easier from Texas but your chances into UT are 100% if you are in state and top 7%

McCombs Business Honors Program - BHP

The honors program at UTA in the business school is prestigious and competitive and can offer a good track to Wall Street. You can see statistics about acceptance to the program below.

grandpabuzz:

I go to UT and I'm a sophomore in the BHP. Recruiting is great here.....if you are in BHP. From what I heard from some of my junior friends is that about 90% of all BHP/Finance juniors got into a BB or a top boutique (both New York and Houston). And this includes both S&T and IBD. We also have pretty much every big bank recruiting here including Evercore, Greenhill, and Blackstone. I actually think Bear was the only bank that didn't show up this past winter (for obvious reasons I guess).

For BHP the classes are small, the student body is great (mostly), the girls are incredible (especially during warm months), and the teachers are truly some of the most intelligent individuals I've met.

If you don't get into BHP as a freshman, definitely aim for a 4.0 during your first year and get in as a sophomore, because from what I've experienced so far, it's absolutely worth it. In fact, for most of the interview lists that I've seen, 75-80% of the ten spots are BHP students.

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Comments (131)

Aug 18, 2012

Use Google bro.

Aug 18, 2012

Yeah I have, but I would rather see response from people.

Aug 18, 2012
Oasix21:

Yeah I have, but I would rather see response from people.

Yes, and we all know that people can only be found on WSO...

    • 1
Aug 18, 2012

Are you from Texas? If not, near impossible.

Aug 18, 2012

I am

Aug 18, 2012

Approx top 2% of graduating class plus 1400+ SAT
If you transfer as a soph it's 3.8+ GPA

    • 1
Best Response
Aug 18, 2012

Key Admission Stats - McCombs MBA: (class of 2011)
Applicants accepted to most recent class - 27%
try to get as close as possible, and better, at the below.
Also you should probably get familiar to what makes UT MBA unique and see if those strengths fit you. A couple of the things that I can think off the top of my head are it is a target for the Energy industry and they do an exchange with a school in Brazil.

Applicants invited to interview - 60%
Admitted applicants who enrolled - 49%
Class size - 261
Median GMAT - 681
Mid 80% GMAT Range - 620-730
Avg. undergrad GPA - 3.45
International students - 25%
Women - 26%
Avg. age - 28
Avg. work experience - 5.2

    • 3
Aug 18, 2012
trailmix8:

Key Admission Stats - McCombs MBA: (class of 2011)
Applicants accepted to most recent class - 27%
try to get as close as possible, and better, at the below.
Also you should probably get familiar to what makes UT MBA unique and see if those strengths fit you. A couple of the things that I can think off the top of my head are it is a target for the Energy industry and they do an exchange with a school in Brazil.

Applicants invited to interview - 60%
Admitted applicants who enrolled - 49%
Class size - 261
Median GMAT - 681
Mid 80% GMAT Range - 620-730
Avg. undergrad GPA - 3.45
International students - 25%
Women - 26%
Avg. age - 28
Avg. work experience - 5.2

I believe he is referring to undergrad, correct?

And top 8% won't cut it for mccombs. It's top 7.5% for UT (liberal arts) and about top 1-2% for auto into mccombs. If you're top 3% you might still be safe but you won't be an auto admit.

    • 1
Aug 18, 2012

I am talking of undergrad

Aug 18, 2012

If you are from Texas--just be top 8% of your class.

Aug 18, 2012

2.46%

Aug 18, 2012

So those are my chances of getting in, 2.46%, thats really disheartening, oh well,

Aug 18, 2012

Loll your chances are not only 2%. If you're not top 5% then it will be very tough. Your test scores matter too. I know tons of soph transfers, it is a lot easier that way.
Furthermore, your chances into mccombs will not e easier from Texas but your chances into UT are 100% if you are in state and top 7%

    • 1
Aug 18, 2012
arguewithatree:

Loll your chances are not only 2%. If you're not top 5% then it will be very tough. Your test scores matter too. I know tons of soph transfers, it is a lot easier that way.
Furthermore, your chances into mccombs will not e easier from Texas but your chances into UT are 100% if you are in state and top 7%

Aug 18, 2012

McCombs is a joke. I know guys who didn't even get into UT out of high school, went to UT San Antonio and weren't retarded so got As, and transferred into UT/McCombs sophomore year. I know one person who transferred from UTSA into business honors at UT. Seriously, it's a joke. If you're Mexican you'll be forgiven for being half-retarded. They also let in one or two black people each year on what seems to be a lottery system.

When you get there, they'll tell you you're on par with students at Wharton. Don't believe them; chances are you're retarded and you would have gone to Penn if you could get in. UT is a great school for networking in Texas though; even the Harvard/Yale crowd in Houston/Dallas respect UT grads because they know that a large percentage of UT students who went to real high schools are intelligent and could have gone to decent colleges, but decided to party for four years instead.

All I care about in life is accumulating bananas

    • 4
Aug 18, 2012
notamonkey:

McCombs is a joke. I know guys who didn't even get into UT out of high school, went to UT San Antonio and weren't retarded so got As, and transferred into UT/McCombs sophomore year. I know one person who transferred from UTSA into business honors at UT. Seriously, it's a joke. If you're Mexican you'll be forgiven for being half-retarded. They also let in one or two black people each year on what seems to be a lottery system.

When you get there, they'll tell you you're on par with students at Wharton. Don't believe them; chances are you're retarded and you would have gone to Penn if you could get in. UT is a great school for networking in Texas though; even the Harvard/Yale crowd in Houston/Dallas respect UT grads because they know that a large percentage of UT students who went to real high schools are intelligent and could have gone to decent colleges, but decided to party for four years instead.

Actually for most of us who aren't 'retarded', it was a money issue. I know tons of people who got into Ivys, top schools (myself included) and picked UT because it's very cheap instate and still has great recruiting. Every top bb and top mm recruits here. Tons of sophomores and juniors get internships in NY, granted Houston is easier. I wouldn't say it's a "joke", but if you have the money and get into Wharton - by all means. Not all of us grew up that privileged.

    • 2
Aug 18, 2012

arguewithatree!!

Aug 18, 2012

Wow

Aug 18, 2012

Actually Notamonkey, looks like you went to UT yourself. Now more interested in hearing your opinion since you're not blindly bashing. I do agree that they try to make it seem like in on par with Wharton, but I don't think it's a bad option at all. UT kind of sucks, but McCombs still presents many opportunities for those intelligent enough to go after them.

Aug 18, 2012

At the end of the day, it doesn't really matter which school you go to as long as you know your stuff and take some initiative outside of the classroom. Business school (undergrad and grad) only teaches the basics and the attendant useful-to-know-but-useless-in-practice academic theory. You can easily make yourself competitive against students at Wharton by diving deeper into an area of interest during the four years that you are in college; despite all the social obligations, you will never have more time to pursue outside interests than you have while in school.

With that said, McCombs is unremarkable academically and its only redeeming quality is that people in Texas understand that kids pass up better opportunities because UT is the shit in Texas.

If you want to get into McCombs but have a really crappy SAT score/slacked off in high school, you can easily make a 4.0 at UTSA and transfer in your sophomore year. From what I've heard, UTSA is more about effort than accuracy; work hard/try and you will get As.

Also, I don't know much about minority admissions because I'm a white male, but you should also apply to Mays (Texas A&M) because they blatantly favor low-income minorities in the admissions process.

All I care about in life is accumulating bananas

Sep 19, 2013

Do you know anything about transferring as a sophomore from Canada?

Sep 19, 2013

Nope, sorry.

All I care about in life is accumulating bananas

Sep 27, 2013
orangespicy:

Do you know anything about transferring as a sophomore from Canada?

Top line is GPA. Average GPA for admitted transfers is 3.8. If you're a below that it's going to be much tougher to get in. However, if you've got the right work experience/extracurriculars/story then you'll be competitive. But, like I said, GPA is a huge factor for transfers.

Creditials: I work at McCombs

Sep 27, 2013

Cornell is a long shot at this point, however you never know. You should wait until all your options are laid out. In terms of recruiting, your know where near that yet. Enjoy the time you have now and just work your ass off when you get there and see what type of GPA you can pull. Worry about all that bs later, go out and get laid.

Sep 27, 2013

worry about it junior year... the UT alum base is top 5 in the nation... longhorns everywhere love to hire fellow horns.

Sep 27, 2013

well, I do kind of need to know about it right now, because if I get into Cornell, then I'll have to make a decision relatively quickly. So yeah.

Sep 27, 2013

I go to UT and I'm a sophomore in the BHP. Recruiting is great here.....if you are in BHP. From what I heard from some of my junior friends is that about 90% of all BHP/Finance juniors got into a BB or a top boutique (both New York and Houston). And this includes both S&T and IBD. We also have pretty much every big bank recruiting here including Evercore, Greenhill, and Blackstone. I actually think Bear was the only bank that didn't show up this past winter (for obvious reasons I guess).

For BHP the classes are small, the student body is great (mostly), the girls are incredible (especially during warm months), and the teachers are truly some of the most intelligent individuals I've met.

If you don't get into BHP as a freshman, definitely aim for a 4.0 during your first year and get in as a sophomore, because from what I've experienced so far, it's absolutely worth it. In fact, for most of the interview lists that I've seen, 75-80% of the ten spots are BHP students.

PM me if you want some more infomration.

Sep 27, 2013

Bear was on campus.

Sep 27, 2013

The "90% of all BHP/Finance juniors" line is a gross exaggeration. At any university, don't expect to be given a free job. However, McCombs has an amazing career services center, and like grandpabuzz said, just about every BB and boutique recruits here (main offices).

BHP is a definite plus, but if you can shine without the BHP label (ie. have a fair amount of extracurriculars), you'll be fine too.

Sep 27, 2013

Of the Blackstone M&A and Restructuring interviews, I believe there were 3 separate finance majors that had interviews out of an interviewing schedule of 24 people (One guy had both M&A & Restructuring interviews).

For Greenhill - I believe that there was 2 finance majors / 12 possible interviewing slots.

Take from that what you will.

Sep 27, 2013

Dude DEFINITELY. Texas is a top-tier public school - do well there and you will certainly have a number of opportunities coming out of undergrad.

Sep 27, 2013

Of the Blackstone M&A and Restructuring interviews, I believe there were 3 separate finance majors that had interviews out of an interviewing schedule of 24 people (One guy had both M&A & Restructuring interviews).

For Greenhill - I believe that there was 2 finance majors / 12 possible interviewing slots.

That Greenhill stat is definitely not true, there were more than 2 finance non-BHP majors. Also, the girl (Ella) they took last year for both intern and FT wasn't BHP either. BHP does have a great name that opens doors, but there plenty of non BHP people that got offers. Keep in mind, the people selected for BHP already have great stats and would likely do well ANYWHERE - BHP didn't transform them into "superstars".

By the way, this is all for the undergraduate level. From what I've seen, the McCombs MBA program seems to be weaker.

    • 1
Sep 27, 2013
models_and_bottles:

That Greenhill stat is definitely not true, there were more than 2 finance non-BHP majors. Also, the girl (Ella) they took last year for both intern and FT wasn't BHP either. BHP does have a great name that opens doors, but there plenty of non BHP people that got offers.

dude, no need to throw ppl's actual names into the mix. you're a dolt if you think that lends anything to your credibility.

peckerhead.

Sep 27, 2013

the 90% statistics very hard to believe. I don't think even 90% of Wharton grads get into top BBs or boutiques.

Sep 27, 2013

their alumni are absurdly helpful - the alumni network for longhorns is almost as strong as say dartmouth, harvard or princeton. texas will give you a ton of career opportunities, and also, it's easier to differentiate yourself from the pack at a school like texas than it is at an ivy.

Sep 27, 2013

"...it's easier to differentiate yourself from the pack at a school like texas than it is at an ivy."

^^ Why is this the case?

Sep 27, 2013
nauru:

"...it's easier to differentiate yourself from the pack at a school like texas than it is at an ivy."

^^ Why is this the case?

I believe he/she is referring to the fact that some students at McCombs are dumb as rocks. It doesn't take a genius to get into the Business School, but it takes one to succeed there.

Sep 27, 2013

I'm from a target school and at a top BB superday, there were 3 school represented; two ivies and a third was UT. U of Texas sent just as many people there as each of the ivies...

Sep 27, 2013

how come nobody has yet to mention that UT-Austin has some of the most attractive women in the country? i know recruiting is important and all, but surely something as significant as that might be worth considering in your decision process.

Sep 27, 2013
numi:

how come nobody has yet to mention that UT-Austin has some of the most attractive women in the country? i know recruiting is important and all, but surely something as significant as that might be worth considering in your decision process.

Simply because the OP was concerned about recruiting specifically. We could probably have a separate thread about the "play" aspects of the university (sports, night life, etc.)

Sep 27, 2013

Hook em

Sep 27, 2013

The 90% stat is too high, but BHP is a small program, and a great deal of them do get banking jobs. Also, for BHP, a 4.0 alone is not always enough to transfer in, they actually care about extracurriculars sometimes. But plenty of finance majors get BB offers too.

PPA is another option. Though most PPA students go to Big 4 (by choice), banks seem to really respect this program and a decent amount go to banks every year (probably about 10-20)- it is the top ranked accounting program in the nation, and you graduate with a CPA and Masters in Accounting. Additionally, you get to go to school an extra year/ live in Austin an extra year/ have an extra football & bball season; its a 5 year program.

Also, while plenty of people go to BBs in NY every year, getting BB jobs in Houston (energy) could almost be called easy nowadays (relatively speaking of course). Bottom line, you can definitely get banking jobs out of UT.

Girls, athletics, and location should be really important in deciding your college. There are VERY few schools in the country better than UT in those areas, and probably none with a better total package. UVA is an awesome school too, and better academically of course, but at this point that is out of the question. Go to UT, we have the POM squad.

Sep 27, 2013
jbc2436:

Girls, athletics, and location should be really important in deciding your college. There are VERY few schools in the country better than UT in those areas, and probably none with a better total package. UVA is an awesome school too, and better academically of course, but at this point that is out of the question. Go to UT, we have the POM squad.

how does fUCLA compare? I need something that UT is better at to shut up my friends that think it's infinitely better because of what US News thinks. fUCLA is a great school with hot cheerleaders, and in probably a better location, but is it honestly that much better if it is better at all?

Sep 27, 2013

If you don't know what the POM squad is, they're the Dallas Cowboys cheerleaders of the college world. Hot, good at dancing, and a pleasant "break" from the game.

Sep 27, 2013

true story. my best friend got into wharton & UT and did BHP - worked at GS in S&T last summer, but had offers at 4 diff BBs as well and is going back for full time. she opted to go to UT because she felt like she'd be able to more readily succeed at UT, whereas at Wharton, even if she did incredibly well, she'd be one of many. the UT alumni @ GS mobilized around her like none other last summer, it was ridiculous. and whoever clarified my earlier comment was correct in their clarification - that was what i meant, although note i'm not implying that people at UT BHP aren't smart, they just aren't all superstars, because let's be honest, if they were, unlike my friend, most of them would have ended up at wharton, stern etc. also, austin is freaking sweet. plus don't discount the amazing weather, as someone from chicago, trust me, it makes a difference. :)

Sep 27, 2013

It also helps that like 66% of bhp isn't even interested in strictly finance(law/med school, consulting instead).

Sep 27, 2013
grandpabuzz:

It also helps that like 66% of bhp isn't even interested in strictly finance(law/med school, consulting instead).

And those who are BHP/Finance aren't all strictly interested in banking.

Sep 27, 2013

Dont know much about the other schools, but I know, first hand, these stats for people from UT.

1 - Greenhill, now is going to Tiger Global.
1 - Greenhill, then went to providence private equity
1 - Blackstone M&A fulltime.
1 - Blackstone private equity out of undergrad
1 - girl in Blackstone restructuring
2 or 3 at first reserve
2 or 3 at Hicks, Muse
1 - summer at blackstone, now at Lazard restructuring(I think he turned down MS m&a and GS)
I know they had two at Blackstone last summer

This is all info from the past two years ( i think the blackstone pe guy is from a few years ago). I'm only citing people that I know of, and those that are at what most of us would call top places. Texas has an inordinate amount that go to GS, MS and the rest of the BB's, so i wont list those. Look at the Texas Cowboys if you do go to Texas - they are a top org. on campus and tend to have pretty good connections.

Sep 27, 2013

I go to UT, and recruiting is very strong if you're in BHP. All of my friends in BHP placed with one of their top 4 choices, except for one girl shooting for M/B/B. A 3.9-4.0 and a normal freshman year(get involved in some clubs, get to know at least one professor) will get you into BHP. We also have another program called the Financial Analyst Program that has incredible placement. No pre-med/pre-law people in this program, so you get a truer understanding of the placement. Pretty much everyone in the program places into BB's, top boutiques, or M/B/B. Most of the kids in FAP are BHP, but if you have a 3.9 going into junior year as a finance major, you have a good shot.

I'm not in BHP or FAP, and recruiting is decent. I don't have an incredible GPA(3.7), and I interviewed with a BB and several regional boutiques. The UT name will help a lot also. In my cold-calls/emails, the only responses I got were from alumni.

One thing you need to consider is where you want to work. It's definitely possible to go to NYC from UT, but when I say BB's, I'm mostly talking about their Houston offices.

Sep 27, 2013

Just curious - how many people are in the BHP program?

Sep 27, 2013

A lot of what has said has been true, but there are some definite exaggerations here. I started college at BHP (got tons of money and didn't get into Wharton), but transferred to Wharton after my first year. BHP is unique in that a decent amount of the people are not very interested in finance. I knew a lot of people who went into the PPA program or non-finance jobs. BHP does very well when it comes to Bulge Brackets' Houston offices. Some people love that, others want the NYC/London/etc experience. Its record with New York, Int'l, etc is less sparkling. I currently work at a BB in NYC and there were 0 UT alums in my S&T trading class (I am in Prop, so I read this board along with the trading board). There are a decent amount of Cornell alums, but as many have mentioned, it can be harder to stand out at an Ivy/target.

Overall, the Ivy's place a LOT more people into the 'top' finance jobs. Out of my class at Wharton, the placement stats were essentially unmatched. After Wharton, most banks & consulting firms feed from Princeton, Harvard, MIT & similar schools. The top public schools are always represented, but if you look at the ratio's, the Ivy's do extremely well (everyone already knows this). I would go to UT if you can get into BHP and think you can do well in the program. For the record, UT was MUCH easier GPA wise. The social life aspect is debatable. Austin is a great city and the women at UT are unmatched, but it's also very concentrated with Texas people (duh). At Penn/Wharton, I met people from around the world and of all different backgrounds. I was born & raised in TX, so I benefited greatly from seeing another part of the US.

Not a cut & dry decision. Good luck

Sep 27, 2013

For the record, UT was MUCH easier GPA wise

This is another great point. BHP has some of the easiest/highest % of A classes on campus. Almost every BHP class has 70%+ A's, which makes it easy to get a 4.0 and look very good. The same is true of the financial analyst program (FAP).

Sep 27, 2013

There's about 125 students in BHP per year.

Edit: And the grading scale is true; about 50-60% get As--as anyone with a 3.25 GPA or lower automatically gets kicked out of the program.

Sep 27, 2013

There is no doubt that McCombs is not Wharton. But if you are the type of student who is getting accepted to Ivys, then you will be one of the standout students at McCombs anyways and should have a pretty good shot at getting a NY BB job if you want it; and getting one in Houston could almost be called easy.

GPAs are traditionally higher at UT (should be changing with the addition of the plus/minus system), but recruiters know this and discount it accordingly. When deciding which students to interview, you are choosing among a pool of resumes from that school, so it is on a level field. Once you get to the interviewing stage, then your GPA isn't that important anyways.

Also, I know people will not like this, but people are talking about BHP like it is an Ivy League within UT... this just isn't true. Almost every student that gets into BHP has a 4.0 and good ECs, which is enough to get good banking interviews whether or not you are in BHP... don't confuse correlation with causation. I have sorted through plenty of UT resumes and I don't even notice when a student is in BHP. I know lots of analysts from UT, and I couldn't tell you which ones were in BHP & which were not (though I know most were not, because the program is not large).

It is a good program, but definitely nothing to base a college decision on- BHP kids will agree with that. FAP is a very good program from what I have heard, and they do care quite a bit more about whether or not you are in BHP. In my opinion, that is the biggest advantage of BHP.

I know some of these are blanket statements, but they are just based on my experiences and those of ex-UT bankers that I know.

Sep 27, 2013

I know PPA instituted plus/minus this year. Anybody know if the rest of the business school has done so too, or when they will?

I have heard from PPA students (which has traditionally been a grade inflation program too, in which making C's pretty much took effort) that the plus/minus system is bringing down GPA's considerably.

Sep 27, 2013

Plus/Minus grading will begin Fall 2009, and I think teachers have the option to use it or not. And just by curiosity jbc, have you already graduated and are you working at bank right now? You can pm me if you want.

Sep 27, 2013

The plus/minus deal will definitely bring grades down, which is probably a good thing, since GPAs are very inflated @ McCombs. All the BHP kids were crying about it at the recent student forum.

I would recommend looking into the FAP if you come here. You learn a lot of useful modeling skills, at the same time the FAP classes are 90%+ A's.

Sep 27, 2013

OK, well to update, I got waitlisted at Vanderbilt, and somehow of so many people Cornell doesn't have my online decision yet!! So I have to wait 1 or 2 more days probably. But in the meantime, would you take Vandy or UT? I need to know so that I can figure out whether it's worth accepting the waitlist spot or not/trying to get off the waitlist.

Sep 27, 2013

Vandy cannot compare to UT in terms of:

1) Career Services,
2) Education (particularly the Business School),
3) Athletics,
4) Extracurricular activities,
5) Nightlife,
6) Beautiful, southern girls
7) Live music

And it's all in a great city. Austin isn't congested like most metropolitan areas are, but it's no college town.

To be honest, I wouldn't even choose Cornell over UT. If I was going to fork over 40k for my education, it would be at Wharton. But even with that, Texas, in my opinion, provides you with a better college experience while preparing you for the real world.

Sep 27, 2013

JJC - Vanderbilt is a perfectly acceptable alternative to Texas in terms of not only recruiting but also overall college experience. Saying "cannot compare" seems a bit ridiculous considering Vanderbilt's reputation.

Sep 27, 2013

I got accepted to Vandy, considered it strongly and visited it, ultimately chose UT and am extremely thankful I did. It is the kind of thing people that didn't go to UT won't understand, but there are only a handful of schools in the country that would have left me as "happy" with my overall college experience (sports, social life, academics, exit ops, etc- basically the total package). A few that come to mind would be UVA, Harvard, & Columbia. (I am not saying I could get into all of these, just speaking hypothetically).

Vandy is not one of them, even though it is a great, fun school and more respected than UT from an academic standpoint on a whole. As far as JJC's list, I would give Vandy the edge in academics (from outsiders' perspective, no clue if the actual education is really better or not), probably call it a draw in career services. But I think the other items Texas takes pretty handily.

Disclaimer: Again, this is all personal preferences; I am definitely biased towards UT. Also, and importantly, when I say that I could not possibly be happier about my decision to go to UT, that may not be the case if I hadn't got a BB job.

Sep 27, 2013

OK, another update. I GOT WAITLISTED AT CORNELL!! UGH!!! So now I really, really need your opinions about Cornell vs UT only. This is important because I need to know honestly whether Cornell is worth the extra money, being at a place I like less, spending money to visit to help get off the waitlist, etc. So please, if possible, limit the discussion from now on between Cornell and UT-Austin (non-BHP...I'm assuming worst case scenario)

Sep 27, 2013

If money is the issue, I would go to UT, study hard your first year and get into BHP (worst case scenario). However, I'm biased, and probably my opinion won't matter much.

Sep 27, 2013

I'm biased, but I'd say Texas. Really, once you get here, it's all on you. The Career Services, from what I've seen, are second to none. Texas is a huge state that has 3 cities with lots of finance opportunities. Houston is probably as good as it gets(in term of finance opportunities) after NYC, SF, Chicago...probably on par with LA. Dallas has a ridiculous number of regional boutiques, and Austin has a good number of PE/HF/VC. Every firm in this state will recruit UT first(Rice also, but the school is so small, that it won't affect numbers too much). Like I said earlier, I don't have a great GPA, and I'm not in BHP, and I still interviewed with a BB and several boutiques for SA positions. AND this was a very down year for UT recruiting.

Come to Texas, get involved, and you won't regret it. Ithaca vs. Austin is probably no comparison. I've never been to Ithaca, so I can't comment definitively, but Austin is a very fun city.

PM me if you have any questions.

Sep 27, 2013

so I keep reading that UT is great for Texas recruiting, but not in the north. How well does it do in other large southern cities, like Atlanta, Charlotte,the big cities in Florida,etc.? I don't care too much about NYC or the north for that matter, but I might want to live in a big southern city, so does UT work for these?

Sep 27, 2013

a

Sep 27, 2013

I don't know how transferring fits into the admissions equation, but I do know that this year has been even worse than past years for admissions in general, because of the damn top 10% rule which will eventually destroy the school. I have heard that estimates are that top 10% students will account for 80% of admissions.

Regular undergrad admissions are getting unreasonably hard for a state school because of the top 10% rule, and I would guess that this would make transferring more dificult too. Again, I don't know about transferring, but I am pretty familiar with regular admissions, and the outlook is not encouraging. On a positive note, every year we are getting closer to getting the top 10% rule repealed.

Sep 27, 2013

so no one can comment on the whole southern cities recruiting thing?

Sep 27, 2013

Thomas, I don't want to be the bearer of bad news, but transfer admissions is 95% GPA based, meaning that if you don't have a 3.8+, it's gonna be extremely tough to transfer in.

Sep 27, 2013

I had a 3.7 and transferred in to McCombs from a UT satellite school (think UTA, UTSA, UTEP, etc). It's extremely competitive to transfer externally - they only accepted ~8% the year I transferred.

Sep 27, 2013

WAS pretty great before Mr. Chaing

Sep 27, 2013
westfald:

WAS pretty great before Mr. Chaing

dr. westfald didn't finish his statement, NOW it's legendary.

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We are excited to formally extend to you an offer to join Bank of Ameria

Sep 27, 2013

My firm (BB) sends recruiters there.

It's a respectable school; if you're good, you can get an offer, though it won't be a perfectly level playing field between you and some kid from NYU.

Sep 27, 2013

great for Houston IB recruiting, not so much for NY

Sep 27, 2013

How bad is it for NY IBD

Sep 27, 2013

it's pretty good if you're in BHP (business honors) or MPA (integrated masters in accounting), otherwise, I'd highly recommend trying to get into the FAP(financial analyst program)

However, most jobs are in Houston and Dallas, so if you want to go to NY, I'd say it's possible but probably easier from somewhere else, but it's not bad if it's your best choice for undergrad.

Sep 27, 2013

All BBs and elite boutiques (GHL, Lazard, Evercore) recruit there. Emphasis on Houston offices even though quite a few go up to NY. Try to get into the Business Honors Program to boost your chances.

Sep 27, 2013

Pretty solid recruiting, nearly every bank comes to recruit. Most BB positions are for Houston, but people can leverage these into NY offers. Most of the boutiques recruit for NY. I think there are about 9-10 guys heading to NY for SA this summer.

Sep 27, 2013

Thanks

Sep 27, 2013

I met a UT kid at a GS IBD superday. NYC BBs def take kids from there. How many, I couldn't tell you.

Sep 27, 2013

I guess it depends on your definition of "street". It has a great reputation in Texas, of course, and every BB recruits there....but typically for the Houston office. If you're leaning buy side, several large funds in Dallas. The huge size of the undergrad ensures that there are alums everywhere but if you are really set on Chicago or New York, then I would look elsewhere. Not to say it couldn't happen, in fact I know of a 2010 grad starting at JPM IBD in NYC, but it would take a more proactive stance on your part.

You're smart to consider geography as I think a lot of applicants just go straight to the rankings and apply in order. I thought about Darden, Ross, Fuqua, etc but at the end of the day, I wanted to be in Texas and therefore McCombs made the most sense for me. Aside from a few select schools, I'd go to the best school in the region you want to work in.

Sep 27, 2013

Eggselent place to be.

=========================================
We are excited to formally extend to you an offer to join Bank of Ameria

Sep 27, 2013

Every bank recruits there...there are plenty of spots and I don't think it is at all a long shot assuming you are a normal person and do well academically (well like 3.5, not 3.9) Most spots are for Houston but several people per year get to new york. If they like you, most banks will help you out as long as you're up front about your geographic desires.

Honestly, I think you're blowing the strength of the network to go to new york but that's a different conversation.

Sep 27, 2013

Recently met a 1st year associate at a BB in FIG from there. He said recruiting for NYC was not super-difficult. Most people there want to be in TX so if you are a good recruit NYC is definitely not out of the picture. When are you thinking of matriculating?

Sep 27, 2013

Not related to your question but you could live like a KING in Texas with IB/PE money.

Sep 27, 2013

if youre set on NYC and wont be happy doing energy finance in houston then prolly better to look up north

Sep 27, 2013

if youre set on NYC and wont be happy doing energy finance in houston then prolly better to look up north

Sep 27, 2013

Thanks for the responses. Breaking into IB is the priority, the location doesn't really matter all that much to me at this point. I hear you about the cost of living in TX and that makes the McCombs route even more attractive to me. I'm seriously thinking about matriculating this fall and am trying to get ducks in a row now to be ready for recruiting.

Maybe a dumb question, but are there any other industry groups besides energy to target in Texas? I imagine tech may have a small presence based on the activity in Austin?

Also, any idea of the number of summer associate spots in Houston or Dallas each year?

Sep 27, 2013

Austin is a pretty big tech town actually...Dell (obviously), Google, Apple, various VC's and a ton of startups are present in town and expanding. I don't think it's in accurate to say it's second only to silicon valley in the startup/tech space.

Houston...say there are 12-ish banks for OCI with 2-3 Houston spots each.

Dallas is not really a relevant location for post-mba banking. JPM has a C&R team there but otherwise it's all boutique and MM stuff who dont really do a ton of MBA recruiting (though some come for full time but not summer).

Sep 27, 2013

If you are willing to work in Houston then McCombs or Rice will get you the job.

For NYC IB it varies a lot from person to person. I did PhD at McCombs and had a really tough time in NYC. Currently working in Risk / IT. On the other hand I know at least a couple of my PhD batchmates who are earning in middle six figures in NYC. So it all depends on the individual person. Some will succed, some (like myself) will fail. The degree is just a piece of paper. It all depends what you do with it.

One thing is for sure. The 2 years at McCombs will be among the best of your life. Between the boat cruises and SXSW and 6th street, you can never get bored there.

Sep 27, 2013

I think they have a good RE program too, if you are interested in RE IBD.

Sep 27, 2013

I know you asked for an acceptance but this goes to show what didn't get accepted.

3.9 GPA from HS,
good ec's (varsity sport, officer in orgs, volunteered)
self starter business
average SAT (didn't study at all,I was idiot)

edit: oh and top banks definitely recruit there.

Sep 27, 2013

collegeconfidential ----->

Sep 27, 2013

collegeconfidential is your friend-

However...3.8+ GPA with 5+ AP classes
33+ ACT or 2200+SAT
varsity sports
lots of community service/leadership

Sep 27, 2013

Every bulge bracket bank and elite boutique in Houston recruits for IBD at McCombs. In addition, GS, BAML, Greenhill, and Evercore recruit for NYC as well.

It is pretty hard to get into because they limit the number of acceptances to less than 100 - the kids that I know in BHP at McCombs also got into some Ivy League schools. Typically graduating top 10, 2200+, 34+, solid ECs, varsity sports, etc. A very very very important part of the process are the essays. They actually matter and go a long way to determining if you get in.

Sep 27, 2013

I got in but ended up going to Michigan -> Ross instead so I can't speak to the school but

33 ACT, 3.9 gpa, a lot of APs and involved with school extracurriculars and volunteering. Also idk if it makes a difference but I was an out of state kid (from Michigan)

Sep 27, 2013
pokemans:

I got in but ended up going to Michigan -> Ross instead so I can't speak to the school but

33 ACT, 3.9 gpa, a lot of APs and involved with school extracurriculars and volunteering. Also idk if it makes a difference but I was an out of state kid (from Michigan)

Which one do you guys think is the better program? Michigan Ross or McCombs BHP? I ask because I have friends that go to both, and they're constantly fighting over which one of their schools is the "better business school."

Usually their argument boils down to:

From the UT kids: McCombs BHP > Michigan Ross > McCombs non-BHP
From the Michigan kids: Michigan Ross > McCombs

Sep 27, 2013

It's not a target. It's a semi-target.

The Business Honors Program (BHP) at McCombs might be the only thing remotely considered a target.

Sep 27, 2013

It is officially a target school for Houston offices of all bulges in Houston (along with Evercore etc). That is a policy set by the mothership. If that doesn't work for you - GS NY and EVR NY (among others) interview on campus every year. Think that qualifies as a target.

-someone who has done OCI at McCombs for 3 years

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Sep 27, 2013

Maybe you should have applied to UT? Who cares?

Sep 27, 2013

I go here and it's definitely a target. It has pretty "bad" stats, compared to other schools, mainly because it is under Texas law which states that all public schools that receive funding must admit the top 10% of the graduating class regardless of standardized tests, gpa, etc. I've met people who graduated from very low income neighborhoods and came here with sub 1800 SATs.

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Sep 27, 2013

Which I think is absurd. People who were dumb enough to get under 1800s SATs (how is this even possible...) get a shot at jobs that require some of the smartest people in this nation, while there are plenty of other state schools (like mine) that are completely un-recruited despite the fact that the average student here is of a much higher caliber than UT. I'm aware that it is because of a Texas law, but my point still stands.

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Sep 27, 2013

UT is the biggest target school in Texas.

You seem salty, still haven't broken in yet?

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Sep 27, 2013

wantotobreakin111, literally every one of your posts have been borderline suspect whines. You have 0 value add. Maybe it's time to reevaluate things dude?

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Sep 27, 2013

I actually think the top 10% rule is pretty fair. It gives students the opportunity who may have been raised in low income families and poor public high schools a chance. It wouldn't make sense for UT to accept, say 50% of the graduating class of an affluent neighborhood like Highland Park or Alamo Heights where these students have access to better education to a school in Oakcliff where students don't have the access or upbringing to such materials.

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Sep 27, 2013

Also for clarification purposes the admission statistics are misleading for McCoombs and for that matter Mays.

Yes, the admission rate to the schools in general is pretty high due to top 10% rule (which I thought Texas lowered to 7% - in my day it was 10%). But admission into the actual business school is highly selective. Just because you are admitted does not guarantee you a spot in the business school. In many cases, students will have to choose another major since the requirements to transfer to the business school from another major are quite rigorous.

Sep 27, 2013
BankerC159:

Also for clarification purposes the admission statistics are misleading for McCoombs and for that matter Mays.

Yes, the admission rate to the schools in general is pretty high due to top 10% rule (which I thought Texas lowered to 7% - in my day it was 10%). But admission into the actual business school is highly selective. Just because you are admitted does not guarantee you a spot in the business school. In many cases, students will have to choose another major since the requirements to transfer to the business school from another major are quite rigorous.

This right here is correct. Also I believe its top 8% for Texas now.

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Sep 27, 2013

After reading this thread, I now know why OP had "so many 1st round interviews...so many dings".

http://www.wallstreetoasis.com/forums/so-many-1st-...

Sep 27, 2013
Sil:

After reading this thread, I now know why OP had "so many 1st round interviews...so many dings".//www.wallstreetoasis.com/forums/so-many-1st-...

Instead of taking a long, hard look at himself, OP is a moany little bitch who wants to blame others. If you can't convert first rounds after 2-3 dings, that is your own fault OP for not finding out what you're doing wrong and fixing it.

Sep 27, 2013

Because it's the #1 school in Texas and most likely one of the top public schools in the South.

The top 10% at UT can give an ivy's top 10% a run for their money.
The biggest difference in in the bottom half or quartile.

You strongly underestimate how smart, gritty and personable Longhorns can be.
It also helps they have a bad ass law school (for the South) and alumni in every corner of the globe doing every different type of work imaginable.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller.

"Live fast, die hard. Leave a good looking body." - Navy SEAL

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Sep 27, 2013
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Sep 27, 2013
Sep 27, 2013
Sep 27, 2013
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mbavsmfin:

I don't wear watches bro. Because it's always MBA BALLER time!

Apr 29, 2017