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The University of Texas at Austin's McCombs School of Business is recognized as one of the top 100 business schools globally. The McCombs MBA program is tailored for working professionals who want to advance their careers. According to the 2022 MBA employment report, there was a notable increase in the number of graduates receiving their first job offer by graduation, rising from 84.6% in 2021 to 90.0% in 2022. Additionally, the employment rate at the Austin campus reached 95.3% within three months after graduation.
The 2022 UT Austin MBA report highlights that graduates seeking jobs set a new record by achieving the highest average base salary of USD 144,564. This reflects an increase of USD 14,710 compared to previous years. The technology sector employs the highest number of graduates from this program. Some of the most popular recruiting partners for UT Austin include major companies like Dell Technologies, Deloitte, PWC, BCG, Amazon, and Apple.
The table presents the latest bachelor's average salary and the latest master's average salary across 54 bachelor's disciplines and 26 master's disciplines at The University of Texas at Austin, according to the US Government. It highlights salary variations based on the field of study, with STEM disciplines generally offering higher earnings due to industry demand. The bachelor's salaries range from ₹95,21,445 to ₹27,57,060, while the master's salaries range from ₹1,41,91,260 to ₹36,74,805. Additionally, master's degree graduates typically earn more than bachelor's degree holders, reflecting the benefits of advanced education in career growth and salary potential.
Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
---|---|---|
Computer and Information Sciences, General. | $112,017 | ₹95,21,445 |
Petroleum Engineering. | $111,635 | ₹94,88,975 |
Electrical, Electronics and Communications Engineering. | $106,557 | ₹90,57,345 |
Management Information Systems and Services. | $96,963 | ₹82,41,855 |
Finance and Financial Management Services. | $95,994 | ₹81,59,490 |
Chemical Engineering. | $95,916 | ₹81,52,860 |
Architectural Engineering. | $92,318 | ₹78,47,030 |
Mechanical Engineering. | $92,067 | ₹78,25,695 |
Biomedical/Medical Engineering. | $87,087 | ₹74,02,395 |
Aerospace, Aeronautical and Astronautical Engineering. | $86,315 | ₹73,36,775 |
Civil Engineering. | $82,103 | ₹69,78,755 |
Economics. | $81,620 | ₹69,37,700 |
Business Administration, Management and Operations. | $79,482 | ₹67,55,970 |
Accounting and Related Services. | $78,482 | ₹66,70,970 |
Design and Applied Arts. | $76,309 | ₹64,86,265 |
Physics. | $76,239 | ₹64,80,315 |
Mathematics. | $75,618 | ₹64,27,530 |
Marketing. | $74,178 | ₹63,05,130 |
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $73,745 | ₹62,68,325 |
Public Relations, Advertising, and Applied Communication. | $65,345 | ₹55,54,325 |
Geological and Earth Sciences/Geosciences. | $62,069 | ₹52,75,865 |
Biochemistry, Biophysics and Molecular Biology. | $61,992 | ₹52,69,320 |
Geography and Cartography. | $61,313 | ₹52,11,605 |
Architecture. | $60,340 | ₹51,28,900 |
Liberal Arts and Sciences, General Studies and Humanities. | $59,458 | ₹50,53,930 |
Political Science and Government. | $59,257 | ₹50,36,845 |
Chemistry. | $58,652 | ₹49,85,420 |
Health and Physical Education/Fitness. | $57,339 | ₹48,73,815 |
International/Global Studies. | $57,068 | ₹48,50,780 |
Rhetoric and Composition/Writing Studies. | $55,146 | ₹46,87,410 |
Public Health. | $54,491 | ₹46,31,735 |
Biology, General. | $54,042 | ₹45,93,570 |
Communication Disorders Sciences and Services. | $53,486 | ₹45,46,310 |
Romance Languages, Literatures, and Linguistics. | $53,437 | ₹45,42,145 |
Foods, Nutrition, and Related Services. | $53,360 | ₹45,35,600 |
Sociology. | $53,118 | ₹45,15,030 |
Human Development, Family Studies, and Related Services. | $51,787 | ₹44,01,895 |
Multi/Interdisciplinary Studies, Other. | $51,323 | ₹43,62,455 |
Journalism. | $51,204 | ₹43,52,340 |
Apparel and Textiles. | $51,006 | ₹43,35,510 |
History. | $49,738 | ₹42,27,730 |
Ethnic, Cultural Minority, Gender, and Group Studies. | $49,258 | ₹41,86,930 |
Music. | $48,986 | ₹41,63,810 |
English Language and Literature, General. | $48,118 | ₹40,90,030 |
Social Work. | $47,151 | ₹40,07,835 |
East Asian Languages, Literatures, and Linguistics. | $47,139 | ₹40,06,815 |
Radio, Television, and Digital Communication. | $46,216 | ₹39,28,360 |
0ychology, General. | $45,001 | ₹38,25,085 |
Philosophy. | $43,995 | ₹37,39,575 |
Area Studies. | $41,646 | ₹35,39,910 |
Linguistic, Comparative, and Related Language Studies and Services. | $41,102 | ₹34,93,670 |
Anthropology. | $40,367 | ₹34,31,195 |
Fine and Studio Arts. | $40,074 | ₹34,06,290 |
Visual and Performing Arts, General. | $32,436 | ₹27,57,060 |
Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
---|---|---|
Business Administration, Management and Operations. | $166,956 | ₹1,41,91,260 |
Electrical, Electronics and Communications Engineering. | $147,915 | ₹1,25,72,775 |
Management Sciences and Quantitative Methods. | $133,663 | ₹1,13,61,355 |
Engineering, Other. | $130,158 | ₹1,10,63,430 |
Finance and Financial Management Services. | $106,471 | ₹90,50,035 |
Civil Engineering. | $101,220 | ₹86,03,700 |
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $100,189 | ₹85,16,065 |
Accounting and Related Services. | $93,123 | ₹79,15,455 |
International Relations and National Security Studies. | $84,996 | ₹72,24,660 |
Public Policy Analysis. | $76,849 | ₹65,32,165 |
Economics. | $75,503 | ₹64,17,755 |
Area Studies. | $74,369 | ₹63,21,365 |
Communication Disorders Sciences and Services. | $70,889 | ₹60,25,565 |
Public Relations, Advertising, and Applied Communication. | $69,555 | ₹59,12,175 |
Architecture. | $66,331 | ₹56,38,135 |
Special Education and Teaching. | $62,497 | ₹53,12,245 |
Educational Administration and Supervision. | $59,248 | ₹50,36,080 |
Fine and Studio Arts. | $57,515 | ₹48,88,775 |
Clinical, Counseling and Applied 0ychology. | $57,376 | ₹48,76,960 |
Curriculum and Instruction. | $55,827 | ₹47,45,295 |
Social Work. | $54,977 | ₹46,73,045 |
Teacher Education and Professional Development, Specific Subject Areas. | $53,566 | ₹45,53,110 |
Information Science/Studies. | $51,661 | ₹43,91,185 |
Drama/Theatre Arts and Stagecraft. | $50,885 | ₹43,25,225 |
Library Science and Administration. | $50,389 | ₹42,83,065 |
Music. | $43,233 | ₹36,74,805 |
In 2022, the placement rate for international students at the University of Texas at Austin was 100%. This is a 5.7% increase from the placement rate in 2021. MBA graduates got job offers within three months after finishing their degree. You can find the complete highlights of UT Austin MBA placements for 2022 below:
Particular | Stats |
---|---|
Students received job offers | 95% |
Highest average base salary | USD 144,564 |
Salary increase from 2021 | 11% |
Popular industries | Technology, Consulting, Financial Services, Real Estate |
Popular functions | Finance/Accounting, General Management, Marketing/Sales |
Recruiting partners | Dell, Amazon, Apple, Deloitte |
UT Austin MBA Placement 2022 | Download |
For the fall semester of 2021, there are 270 students studying at the McCombs School of Business. This is an increase of 29 students compared to the 241 students who were enrolled in the Master of Business Administration program in 2020. The GPA requirement for UT Austin is about 3.5, and the average GMAT score is between 700 and 710. Below is the UT Austin MBA class profile for 2022:
Particular | Class Profile 2023 | Class Profile 2022 |
---|---|---|
Class size | 270 | 241 |
Average age | 29 | 29 |
Average GPA | 3.48 | 3.44 |
Average GMAT Score | 708 | 704 |
Middle 80% GMAT Score | 650 – 740 | 650 – 740 |
Women | 38% | 34% |
International | 24% | 10% |
International students can pursue an MBA in the USA without taking the GMAT.
At UT Austin, more than 50 companies recruit graduates from the university and provide job opportunities related to their studies. Graduates often receive good salary offers along with signing bonuses. Below is a list of well-known employers that hire MBA graduates from Texas University:
UT Austin Top MBA Employers 2022 | |
---|---|
Accenture | Amazon, Inc. |
Apple Inc. | Cognizant |
Dell Technologies | Ericsson |
HP, Inc. | Microsoft Corp. |
In 2022, the Technology sector was the leading field for McCombs graduates. Following closely is Consulting, which saw a 30% share of graduates, marking a seven-point increase from the previous year. According to the McCombs MBA employment report, the top five sectors for employment are Technology, Consulting, Financial Services, Real Estate, and Energy/Utilities. Below are the UT Austin MBA placement statistics by industry for 2022:
Popular Industries | % Students Reporting in 2021 | % Students Reporting in 2022 |
---|---|---|
Technology | 34.1% | 31.6% |
Consulting | 22.7% | 30.1% |
Financial Services | 16.6% | 17.9% |
Real Estate | 2.8% | 4.6% |
Energy / Utilities | 5.7% | 4.1% |
Travel / Transportation | 3.8% | 3.6% |
Consumer Products | 5.7% | 3.1% |
Retail | 3.3% | 2.0% |
Healthcare | 2.8% | 1.5% |
Other | 2.4% | 1.5% |
Consulting was again the most popular option for MBA graduates in 2022. About 31.6% of students chose consulting as their top job. You can find the detailed report of MBA placement statistics by function for UT Austin in 2022 below:
Popular Industries | % Students Reporting in 2021 | % Students Reporting in 2022 |
---|---|---|
Finance / Accounting | 23.6% | 26.1% |
General Management | 39.3% | 49.9% |
Marketing / Sales | 30.8% | 18.3 |
Other | 6.3% | 5.7% |
Total | 100% | 100% |
Also read: How to get admission to the USA for MS?
According to the Texas McCombs employment report for 2022, the highest base salary for MBA graduates is USD 144,564. The salary range is from USD 60,000 to USD 225,000. In this report, the Private Equity / Venture Capital sector had the highest salary, which is USD 171,400 for MBA graduates. To find out more about the average salary for jobs at UT Austin, please refer to the table below:
Popular Functions | Average Base Salary |
---|---|
Investment Banking | USD 171,176 |
Private Equity / Venture Capital | USD 171,400 |
Consulting | USD 163,831 |
Project Management | USD 127,580 |
Product Management | USD 137,401 |
Other Marketing | USD 124,000 |
Demand Generation Marketing & Business Development | USD 141,000 |
Others | USD 128,818 |
You can find the list of the 100 Best Universities in the USA for 2023.
At UT Austin, MBA graduates with more experience earn the highest salaries. To learn more about the salaries of UT graduates in this major, see the table below:
UT Graduates | Median Salary for MBA |
---|---|
1st year after graduation | USD 149k |
5th year after graduation | USD 185k |
10th year after graduation | USD 228k |
Median loan | USD 103k |
As per the placements for the MSBA program at UT Austin in 2022, graduates with 3 to 5 years of experience earn the highest salaries. About 24% of these graduates make a salary of USD 132k. Students can also refer to the table below for a quick overview of the University of Texas MSBA placements:
Particular | Stats |
---|---|
Average salary after 1 year of experience | USD 95k |
Average salary by function (consulting) | USD 94k |
Average salary by industry (retail) | USD 122k |
Average salary by student visa status (international) | USD 120k |
Top employers | Walmart, Amazon, Dell, Expedia |
Course | Average salary | Median Salary | Highest Salary |
---|---|---|---|
Master of Science in Computer Science | -/- | USD 1.12 Lakh | USD 3.75 Lakh |