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McCombs (UT Austin) 2013 Calling All Applicants

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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 15 Mar 2013, 12:07
Turtleinatutu wrote:
Do you guys think visiting the school would make a difference at all in regards to getting off of the waitlist?


I think I remember mccombs saying that campus visits don't factor into decisions. Not sure though. If you know what your weaknesses were in your application you should look for a way to mitigate them. For example low gpa maybe enroll in an extension class. Lack of leadership, look for opportunities to lead service in the community. Not sure if you'd want to retake the GMAT but that's always a possibility.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 15 Mar 2013, 18:26
Top-tier law firms do need attorney's with MBA skill-sets. For example, expert witness MBA testimony can often be unduly long. Lawyers who make partner spot the one fact that matters. With it, the best option at law is found. As a result, clients like the billable hours and legal outcome.

kasonhills wrote:
Coyote77 wrote:
I just posted the same question in the MSB forum

Georgetown or McCombs:

**really looking forward to any current students responses**

My goal is to land a top consulting or i-banking job. I know they are two different paths, but my goal is to see a lot of companies post-graduation. I think I-banking is more that route - but I am an attorney, so I think consulting firms might be attracted to that. I know that here in Texas - that one or two years of consulting or i-banking in NYC opens up every job in the world in Texas finance. thoughts?


I'll be straight with you. You've been fed a line of bull. One or two years consulting/banking will definitely not open up every job in the world in Texas finance. In fact, a few years of I-banking/consulting won't likely open more doors than you would have at b-school. Consulting recruiters are masters at selling the exit opps, but the truth is, if you really want to exit to a c-suite job with a big company, you will probably need to put in enough time to make director/partner at your consulting firm and your chances thin dramatically as you go down from mbb to lower tier firms. If you want a mid level management job, well then what is even the point of going into consulting/banking as you can land those jobs right out of B-school? And these companies will be coming to recruit you, rather than you having to do all the footwork.

So if you already know you want to move into corporate finance, why not just go straight there from your MBA?

But if you are dead set on it banking/consulting than I-banking makes more sense if your long term goal is corporate finance. It seems like most consultants exit to things other than finance - business development, strategy, operations, product management etc. Though I'm sure some do move into finance I just don't see how consulting is the door to it. Bankers on the other hand tend to move into finance roles, though they can certainly move into other roles too.

I haven't looked into Georgetown much so I can't say which would be better. Given that McCombs is generally a little higher ranked I'd guess it would offer a slightly higher chance of getting a top consulting/banking job.

That being said, I wouldn't say that either school gives you a particularly great shot at the top tier firms. That is, if you are talking about the m/b/b and goldman/jpm tier. IF you are talking about Deloitte or citibank, yeah you might have a good shot from either school. But I also don't think that they will open the same doors as those more prestigious firms would.

Last point cause this is getting long. Your goals and background make it seem like you aren't quite sure what you are doing. You're an attorney, who either wants to go into i-banking or consulting (two very different paths which are completely different than law) with the goal of working in finance after a year or two. Just seems very muddled, there is nothing really tying things together.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 15 Mar 2013, 18:27
Turtleinatutu wrote:
Do you guys think visiting the school would make a difference at all in regards to getting off of the waitlist?


I highly doubt that it would, but if you live close by, it will not hurt to try.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 16 Mar 2013, 20:37
Can anyone talk about the venture fellows program?
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 17 Mar 2013, 12:47
got my tickets to preview weekend anyone else??????
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 17 Mar 2013, 16:22
TonyMontana896 wrote:
got my tickets to preview weekend anyone else??????


I'm all booked and got a good hotel deal on Priceline. Can't wait for it!
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 18 Mar 2013, 03:40
Does anyone know if investment banking firms recruit out of UT-Houston? I'm interested in Oil & Gas, and I would think being in the heart of Houston would be an advantage even though it's not the UT fulltime program...

Thanks, in advance, for your insight!
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 18 Mar 2013, 11:14
Are the students at McCombs a pretty tight knit group, or is more of a lone wolf type of class? Are there assigned learning teams or study groups like at other schools? Do they have opportunities for spouses to get involved?
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 18 Mar 2013, 12:16
Applied through the Consortium to McCombs. Had numerous issues be presented through the process. Whether intentional or incompetence on their part is presently irrelevant. If you’ve checked both status page only to not see a decision when promised, consider yourself functionally on a de facto waiting list. Today, I pressed the school for a straight answer. Only then, did they officially present the option to accept/reject a wait list spot. Said, yes.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 18 Mar 2013, 14:36
Just out of curiosity, I'm wondering what factors others are weighing that received a scholarship from McCombs? I got a similar call to others late last week and its certainly weighing on my decision.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 18 Mar 2013, 19:49
Thank you both for the info. Very helpful and insightful. That really makes me lean towards McCombs.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 18 Mar 2013, 21:57
I got waitlisted through the Consortium application process (after an interview). Does anyone know what the protocol for something like that is? I'm really interested in McCombs and would choose it over the school I've been accepted to if I could, however it's really hard to know how the WL works or what acceptance rates are.

Any insight? All I know is I can't submit supplementary materials until they ask for them.

Thanks in advance everyone, congrats to all of the admits!
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 19 Mar 2013, 05:06
silvaware wrote:
I got waitlisted through the Consortium application process (after an interview). Does anyone know what the protocol for something like that is? I'm really interested in McCombs and would choose it over the school I've been accepted to if I could, however it's really hard to know how the WL works or what acceptance rates are.

Any insight? All I know is I can't submit supplementary materials until they ask for them.

Thanks in advance everyone, congrats to all of the admits!


I can't speak to the Consortium application process, and we already saw they are handling many WL applicants different this year by asking for video interviews. Last year, though, there was a flood of traffic/decisions (both dings and admits) for WL applicants between April 10-20, which was the week R3 decisions were released. However, some people still didn't get a final answer until the beginning of the summer. One site, I think BW, had a stat that 20% from the WL end up getting admitted. GL the rest of the way.

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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 19 Mar 2013, 10:51
Are there any R3 admits out there that have received scholarship information?
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 19 Mar 2013, 10:57
To my knowledge no r3 applicants have even heard back yet w decision. I tried to expedite by pointing out that april is welcome weekend. We'll see what happens

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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 19 Mar 2013, 11:46
soniaj wrote:
Are there any R3 admits out there that have received scholarship information?



Not sure if it's 100% accurate, but the McCombs website states that R2 is the deadline for schollie consideration.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 19 Mar 2013, 11:49
jiggedyjared wrote:
soniaj wrote:
Are there any R3 admits out there that have received scholarship information?



Not sure if it's 100% accurate, but the McCombs website states that R2 is the deadline for schollie consideration.


I should have phrased my question differently. The deadline for Consortium applicants is January 5th, so technically we are neither Round 2 nor Round 3. We receive admit decisions after the Round 2 folks but before the Round 3 folks. So I'm curous if any Consortium Round 2 admits have received scholarship information.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 19 Mar 2013, 11:56
kingme wrote:
Just got the Congratulatory email. YES!!


Congratulations Rupok bhai! Do you plan to go to McCombs or are you going to wait for Fuqua or Tepper?
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 19 Mar 2013, 13:54
Well guys I was leaning towards McCombs anyway with the scholarship I got, but now after my double wait list at Fuqua and Ross, and not receiving a call from Darden today, looks like its pretty much certain! Looking forward to meeting you guys.
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Re: McCombs (UT Austin) 2013 Calling All Applicants [#permalink] New post 19 Mar 2013, 14:02
pdwall361 wrote:
Just out of curiosity, I'm wondering what factors others are weighing that received a scholarship from McCombs? I got a similar call to others late last week and its certainly weighing on my decision.


Congrats on the admits, and the scholarship! What are your goals after graduation? CBS and McCombs seem like very different programs to me. If you want to go into investment banking, or finance, Columbia is much stronger than McCombs. But for other things it really depends. Take a look at the employment reports for McCombs, if the companies that you are interested in recruit at McCombs then the scholarship and difference in cost of living could certainly make coming to McCombs worth it.
Re: McCombs (UT Austin) 2013 Calling All Applicants   [#permalink] 19 Mar 2013, 14:02
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