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MBA Programs

The sector at a glance

Graduate business education is the market for MBA and related master's degrees — full-time two-year and one-year MBAs, evening and weekend programs for working professionals, Executive MBAs, online MBAs, and the specialized master's degrees (business analytics, finance, management) that increasingly compete with the MBA for the same applicants. It is a recruitment-marketing business as much as an academic one: schools run admissions funnels with defined application rounds, standardized-test policies, interviews and scholarship offers, and they compete on published career outcomes. What a program may legitimately claim about placement and pay is governed by the MBA Career Services and Employer Alliance reporting standards, and what a program may claim about academic quality is governed by accreditation — AACSB primarily in the United States, EQUIS and AMBA internationally. Buyers are prospective students weighing total cost against a payback period and a career change, plus the employers who recruit on campus and the companies that sponsor employees. Rankings from the Financial Times, U.S. News, Bloomberg Businessweek and the trade press at Poets&Quants and Clear Admit shape demand more than any single school's marketing does. Austin is the anchor market for this cluster: the University of Texas at Austin's McCombs School of Business runs a Full-Time MBA plus Evening, Executive and two weekend Working Professional programs in Dallas/Fort Worth and Houston, and Austin also holds St. Edward's University's Bill Munday School of Business and Concordia University Texas.

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