Investment Banking

Many positions in corporations, investment firms (both brokerage firms and money management firms), and banking require an in-depth understanding of corporate financial reporting. Positions in the Career Opportunities list all require the creation of or analysis of corporate financial statements on almost a daily basis. The courses listed below give students sufficient background in financial reporting to begin a career leading to one of these positions.

Recommended Curriculum

Choose three (3) courses from the list below:

• ACC 380K.1 – Financial Accounting Standards and Analysis I
• ACC 380K.2 – Financial Accounting Standards & Analysis II
• ACC 380K.7 – Financial Statement Analysis
• ACC 387.4 – Strategic Control Systems

Recommended Electives

• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 – Investment Theory and Practice
• LEB 380.4 – Law for Finance

Total Credit Hours: 9

Career Opportunities

• Internal Auditor
• Management Accountant
• Tax Accountant/Consultant
• Senior Financial Analyst

Stem Designation Requirement

Students who complete core courses plus two of the custom core classes below meet the Financial Mathematics STEM designation requirement.

• FIN 286 Valuation (required)
• ACC 287 Performance Management & Control
• STA 287 Business Analytics
• MKT 282 Analysis of Markets
• An approved elective may also be considered for the STEM designation requirement

Corporate Accounting

There are many careers that draw on finance and accounting skills. These include CFO, controller, internal auditor, cost or budget analyst, financial analyst, and project accountant. Typically, people move through many of these positions through their career. The courses below will prepare you for a career in "corporate finance" positions by giving you an understanding of financial reporting, cost structure, and financial controls.

Recommended Curriculum

• ACC 380K.1 – Financial Accounting Standards and Analysis I
• ACC 380K.2 – Financial Accounting Standards & Analysis II
• ACC 380K.7 – Financial Statement Analysis
• ACC 380K.28 – Corporate Sustainability

Recommended Electives

• ACC 380K – Oil/Gas Accounting & Sustainability
• ACC 380K – Healthcare Accounting & Finance
• ACC 384.6 – International Tax
• ACC 380K.32 – Int'l Accounting/Transfer Pricing
• LEB 380.14 – Intellectual Property

Stem Designation Requirement

Students who complete core courses plus two of the custom core classes below meet the Financial Mathematics STEM designation requirement.

• FIN 286 Valuation (required)
• ACC 287 Performance Management & Control
• STA 287 Business Analytics
• MKT 282 Analysis of Markets
• An approved elective may also be considered for the STEM designation requirement

Ethics & Corporate Social Responsibility

Ethics and corporate social responsibility (CSR) issues loom larger than ever in business decision-making and the ability to manage these issues is a core leadership skill. The Texas MBA concentration in Ethics & Corporate Social Responsibility is intended for students interested in (i) positions within business firms that deal with CSR, ethics and sustainability, or (ii) the impact of ethics and CSR issues on strategy. The courses within this concentration are designed to provide students with the tools and knowledge they need to manage the ethical and social responsibility aspects of business in today's global economy.

Required Curriculum

• BGS 380D – Strategic Corporate Social Responsibility

Recommended Curriculum

Choose three (3) courses from the list below:

• ACC 380K – Corporate Sustainability
• BGS 380 – Global Regulatory Strategy
• BGS 380G – Business and Policy in the Age of Inequality
• BGS 382 – Corporate Political Strategy
• FIN 397 – Environmental, Social, and Governance Investing
• MAN 385 – Management Sustainability Practicum
• MAN 385 – Corporate Governance
• MAN 385 – Social Entrepreneurship
• MAN 385 – Moral Leadership
• PA 388L – Financial Innovation for Social Impact

Total Credit Hours: 12

Career Opportunities:

• Corporate Governance Analyst
• Community Relations Manager
• Corporate Social Responsibility Manager
• Education Analyst
• Environment Impact Analyst
• Non-Profit Manager
• Public-Policy Analyst
• Sustainability Consultant

Public & Government Affairs

Business leaders face an increasingly complicated and fluid legal and regulatory environment, one characterized by frequent interactions between business and governments. Consequently, the ability to manage business-government relations issues is becoming a core leadership skill. The MBA concentration in Public & Governmental Affairs is intended for students interested in (i) public and governmental affairs positions within business firms, or (ii) the impact of law and regulation on strategy. The coursework within this concentration will provide students with the tools and knowledge they need to manage the regulatory, political and legal environment of business better.

Required Curriculum

• BGS 382 – Corporate Political Strategy

Recommended Curriculum

Choose two (2) courses from the list below:

• BGS 380C – Strategic Corporate Communication
• BGS380D – Strategic Corporate Social Responsibility
• BGS380E – Global Political Economy
• BGS 380G – Business and Policy in the Age of Inequality

Additional Recommended Courses

Communications

• MAN 383 – Advocacy
• ADV 385 – Media Management

Regulation, Politics and Law

• BGS 380 – Global Regulatory Strategy
• BGS 380 – Healthcare Law and Policy
• BGS 380 – Law and Economics
• LEB 380 – Intellectual Property
• LEB 380 – Energy Law
• MAN 385 – Corporate Governance
• P A 383C – Politics and Process
• P A 383K – Advanced Topics in Public Policy

Total credit hours: 12

Finance (General)

In recent years, Finance has been the largest single placement area in the MBA program, with positions in this discipline representing approximately 40 percent of all the job offers that students receive. The Department has consulted with leading financial firms, as well as other finance recruiters, in the development of the program. One of the goals in designing the program is to provide students with the maximum flexibility possible in course selection while ensuring sufficient exposure to the academic subjects necessary to certify them as being prepared for finance-related careers. The Finance concentration has two required courses for all students in addition to the required core Valuation course. Students then take 12 additional semester credit hours. Students can freely select courses to design a curriculum that best prepares them for their desired financial positions.

Recommended Curriculum

• FIN 286 – Valuation (custom-core)
• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 Investment Theory & Practice

Note: Students should complete the above curriculum during their first year in the program. Most remaining Finance electives have these three courses as prerequisites.

• Finance & Real Estate – Choose three (3) additional non-core graduate courses starting with the prefix FIN (Finance) or R E (Real Estate)
• Accounting – At least one (1) non-core graduate course starting with the prefix ACC (Accounting)

Career Opportunities:

• Equity Research Associate
• Financial Restructuring Consultant
• Investment Banking Associate
• Management Accountant
• Mergers and Acquisition Associate
• Sales and Trading Associate
• Senior Financial Analyst
• Treasury Analyst
• Venture Capital Associate

Stem Designation Requirement

Students who complete core courses plus two of the custom core classes below meet the Financial Mathematics STEM designation requirement.

• FIN 286 Valuation (required)
• ACC 287 Performance Management & Control
• STA 287 Business Analytics
• MKT 282 Analysis of Markets
• An approved elective may also be considered for the STEM designation requirement

Corporate Finance

The Corporate Finance concentration (along with Investment Management) covers one of the largest employment areas for MBA students in finance. MBA graduates commonly start either as financial analysts for corporations or as associates of corporate treasury departments. Students in this area are also often sought by management consulting firms. As financial analysts, they are often responsible for conducting analysis and providing recommendations on capital investments and financing alternatives; analysis of new marketing and product programs; generation and analysis of division and corporate performance measures; preparation and coordination of annual budgets and financial forecasts; analyzing and reporting on product and customer profitability; and, the analysis of acquisition candidates. In a corporate treasury department, common duties include: financial planning for the corporation; structuring and arranging medium and long-term financing, including bank loans and public securities issues; arranging funding for company capital projects; and assistance with the acquisition and disposition of corporate assets.

Recommended Curriculum

• FIN 286 – Valuation (custom-core)
• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 Investment Theory & Practice

Note: Students should complete the above curriculum during year one of the MBA program. Most remaining Finance electives have these three courses as pre-requisites.

Accounting – Choose one (1) of the following:

• ACC 380D – Advanced Topics in Financial Reporting
• ACC 380K.7 – Financial Statement Analysis

Finance – Choose any three (3) of the following:

• FIN 390.1 – Financial Markets and Institutions
• FIN 394.8 – Financial Strategies for Energy Firms
• FIN 394.11 – Private Equity
• FIN 394 – Private Equity II: Operations and Value Creation
• FIN 397.4 – Financial Risk Management
• FIN 394.7 – Raising Capital
• FIN 394.17 – Advanced Valuation and Financial Modeling

Career Opportunities

• Equity Research Associate
• Financial Restructuring Consultant
• Investment Banking Associate
• Management Accountant
• Treasury Analyst
• Venture Capital Associate
• Mergers and Acquisition Associate
• Sales and Trading Associate
• Senior Financial Analyst

Stem Designation Requirement

Students who complete core courses plus two of the custom core classes below meet the Financial Mathematics STEM designation requirement.

• FIN 286 Valuation (required)
• ACC 287 Performance Management & Control
• STA 287 Business Analytics
• MKT 282 Analysis of Markets
• An approved elective may also be considered for the STEM designation requirement

Energy Finance

MBA students entering the energy industry must be prepared to understand, quantify, monitor, and manage the financial risks created by volatile energy prices and to participate in the evaluation of energy projects and energy derivatives. The academic cornerstone of the program is found in two courses: Financial Strategies for Energy Firms (FIN 394.8), and Financial Risk Management (FIN 397.4). The combination of these two courses addresses three broad areas of study in an energy context: asset valuation, corporate finance, and risk management. The valuation portion covers the valuing of financial contracts and derivatives securities. The corporate finance section examines financing decisions, business valuation, and mergers/acquisitions. The risk management area considers hedging and risk management strategies.

Students in this concentration also participate in professional seminars on the "physical" side of the energy business to provide background on topics such as energy exploration, production, and distribution. Energy professionals play an important role in student development as they assist with these seminars and participate in class sessions on major energy finance issues. This concentration is supported by the Center for Energy Finance Education and Research.

Recommended Curriculum

• FIN 286 – Valuation (custom-core)
• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 Investment Theory & Practice
• STA 287 – Business Analytics and Decision Modeling (custom-core)

Note: Students should complete the above curriculum during their first year in the program. Most remaining Finance electives have these three courses as prerequisites.

Accounting – Choose one (1) of the following:

• ACC 380K – Oil and Gas Accounting/Sustainability
• ACC 380D – Advanced Topics in Financial Reporting
• ACC 380K.7 – Financial Statement Analysis

Finance – Take the following two (2) courses:

• FIN 394.8 – Financial Strategies for Energy Firms
• FIN 397.4 – Financial Risk Management

Additional Recommended Elective Courses

• LEB 380 – Energy Law
• FIN 394.15 – Energy Finance Practicum
• LAW 379M – Oil and Gas Taxation

Career Opportunities

• Project Manager
• Energy Investment Banking Associate
• Equity Research Analyst
• Sales and Trading Associate (Energy, Commodity)
• Senior Financial Analyst

Stem Designation Requirement

Students who complete core courses plus two of the custom core classes below meet the Financial Mathematics STEM designation requirement.

• FIN 286 Valuation (required)
• ACC 287 Performance Management & Control
• STA 287 Business Analytics
• MKT 282 Analysis of Markets
• An approved elective may also be considered for the STEM designation requirement

Investment Management

The field of investment management involves the analysis of various types of financial securities and the management of investment portfolios. Students graduating with this background commonly start their careers as analysts for investment funds, investment banks, or other financial institutions. In these positions, they are responsible for analyzing complex financial instruments including common stocks, fixed-income securities, futures, options, and different forms of derivative securities.

As investment bankers, they become involved in the trading of financial instruments, in the analysis of mergers and acquisition decisions, and in helping corporations with their equity and debt financing. This concentration is supported by the AIM Investment Center.

Recommended Curriculum

• FIN 286 – Valuation (custom-core)
• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 Investment Theory & Practice

Note: Students should complete the above curriculum during their first year in the program. Most remaining Finance electives have these three courses as prerequisites.

Finance – Choose any three (3) of the following:

• FIN 390.1 – Financial Markets and Institutions
• FIN 397.2 – Portfolio Management and Security Analysis
• FIN 397.4 – Financial Risk Management
• FIN 397.5 – Fixed Income Analysis
• FIN 397.6 – Special Topics in Investments
• FIN 394.17 – Advanced Valuation and Financial Modeling

Accounting – Choose one (1) of the following:

• ACC 380D – Advanced Topics in Financial Reporting
• ACC 380K.7 – Financial Statement Analysis

Career Opportunities

• Equity or Fixed Income Analyst
• Trader
• Private Wealth Manager
• Portfolio Manager
• Fund Manager
• Mergers and Acquisitions Associate
• Banking Associate

Stem Designation Requirement

Students who complete core courses plus two of the custom core classes below meet the Financial Mathematics STEM designation requirement.

• FIN 286 Valuation (required)
• ACC 287 Performance Management & Control
• STA 287 Business Analytics
• MKT 282 Analysis of Markets
• An approved elective may also be considered for the STEM designation requirement

Private Equity

The Department has developed a multi-disciplinary curriculum in private equity finance. This curriculum covers the broad spectrum of private equity investments, including early-stage and late-stage venture investing, investing in established private firms, buyouts, financial restructuring of distressed firms, and mergers and acquisitions. This concentration prepares students for careers with investors in private equity funds, private equity fund managers, issuers of private equity securities, private credit firms, and other participants in the private equity market such as commercial banks, investment banks, and other investment advisors. The concentration is supported by the Hicks, Muse, Tate & Furst Center for Private Equity Finance.

Recommended Curriculum

• FIN 286 – Valuation (custom-core)
• ACC 287 – Performance Management and Control (custom-core)
• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 – Investment Theory & Practice

Note: It is advised that students complete the above curriculum during their first year in the program. Most remaining Finance electives have the above courses as prerequisites.

Finance – Choose any three (3) of the following:

• FIN 394 – Private Equity II – Operations and Value Creation
• FIN 394.7 – Raising Capital
• FIN 390.1 – Financial Markets and Institutions

Additional recommended elective courses:

• ACC 380K.7 – Financial Statement Analysis
• MAN 385 – Opportunity Identification and Analysis
• MAN 283 – Leading People & Organizations (custom-core)
• MAN 383 – Art & Science of Negotiation

Career Opportunities

• Equity Analyst Associate
• Investment Banking Associate
• Mergers and Acquisitions Associate
• Private Equity Associate
• Venture Capital Associate
• Private Credit Associate
• Corporate Development, Business Development, and Project Manager at privately owned operating companies
• Financial Advisory Associate at restructuring, due diligence, litigation support, and financial advisory firms

Stem Designation Requirement

Students who complete core courses plus two of the custom core classes below meet the Financial Mathematics STEM designation requirement.

• FIN 286 Valuation (required)
• ACC 287 Performance Management & Control
• STA 287 Business Analytics
• MKT 282 Analysis of Markets
• An approved elective may also be considered for the STEM designation requirement

Real Estate Finance

Students in this concentration receive specialized training in real estate capital markets, investment and finance, and development, alongside their general MBA education. Graduates are well-prepared for careers in development, acquisitions, private equity, asset management, and more.

John C. Goff Real Estate Investment Fund

Students interested in real estate finance can apply to the John C. Goff Real Estate Investment Fund during the fall semester of their first year. This competitive, two-semester experiential course allows students to manage a $10M fund investing in both public and private real estate assets.

• Spring (Year 1): FIN 397.6 – Special Topics in Investment – REIT
• Fall (Year 2): FIN 397.6 – Special Topics in Investment – RFP

Admission is managed through the Real Estate Center and includes an application and interview process. Students must commit to both semesters.

Students are also strongly encouraged to take RE 386.2 – Real Estate Investment Decisions during the spring semester of their first year to prepare for their summer internship.

Real Estate Center

The Real Estate Center supports the concentration by offering networking and co-curricular opportunities such as industry treks, case competitions, targeted recruiting resources, and subsidies for professional memberships and conference attendance. Backed by the financial support and direct involvement of hundreds of industry partners, the Center serves as the hub for real estate career development at McCombs. It connects students with employers, alumni, panels, and internship opportunities.

Recommended Curriculum

• FIN 286 – Valuation (required for STEM designation)
• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 – Investment Theory & Practice

Note: Many finance electives require these courses as prerequisites.

Accounting (Choose One)

• ACC 380K.7 – Financial Statement Analysis
• ACC 380K.27 – Taxation of Real Estate Investing

Real Estate Electives

• RE 386.2 – Real Estate Investment Decisions (strongly encouraged in Year 1)
• RE 389 – Real Estate Development (fall of Year 2)
• RE 388 – Seminar in Real Estate Finance (spring of Year 2)

Additional Electives

• LEB 380 – Law of Commercial Real Estate Finance & Development
• CRP 389C – Topics in Land Use and Land Development
• CRP 385C – Topics in Economic and Community Development
• CRP 386 – Topics in Applied Planning Techniques
• ARC 385Q – Construction

Career Opportunities

• Real Estate Developer
• Acquisitions Associate
• Real Estate Private Equity Associate
• Asset Manager
• Real Estate Investment Analyst
• Capital Markets Associate
• Development Manager or Analyst
• REIT Analyst or Manager
• Consulting

STEM Designation

To qualify for the Financial Mathematics STEM designation, students must complete core coursework plus at least two of the following custom core classes:

• FIN 286 – Valuation (required)
• ACC 287 – Performance Management & Control
• STA 287 – Business Analytics
• MKT 282 – Analysis of Markets
• An approved elective may also fulfill this requirement.

CleanTech

The CleanTech concentration prepares students for careers in renewable energy, energy efficiency, and emissions abatement. This field is one of the fastest-growing employment sectors for MBAs. Clean technology companies are seeking MBAs who not only have excellent business skills but also a solid understanding of the technology and policy aspects affecting their industry, as well as project and risk management skills. Accordingly, the CleanTech concentration at McCombs allows students to combine courses across various schools to best prepare for their career of choice. Texas MBAs will also connect with Austin's booming CleanTech industry through the Clean Energy Incubator and a variety of on- and off-campus opportunities.

Required Curriculum

• MAN 385 – Energy Technology and Policy
• MAN 385 – Management Sustainability Practicum

Choose one (1) of the following courses:

• MKT 282 – Analysis of Markets (recommended for Marketing/Operations)
• FIN 286 – Valuation (required for Finance)

Choose one (1) course from the list below:

• LEB 380.31 – Energy Law
• LAW 379M – Wind Energy
• PA 188G – Climate Change Law & Policy
• CRP 383 – Environmental Law & Policy
• LEB 380.3 – Law of Commercial Real Estate Finance & Development
• LEB 380.26 – Law for Entrepreneurs

Choose one (1) course from the list below:

• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 – Investment Theory & Practice
• FIN 394.2 – Financial Strategies – Energy Focus
• FIN 294.17 – Advanced Valuation & Financial Modeling
• FIN 394 – Energy Finance Practicum
• FIN 397.4 – Financial Risk Management

Entrepreneurship track – Choose three (3) courses from the list below:

• MAN 385 – Texas Venture Labs
• MAN 385.64 – Enterprise of Technology
• MAN 385 – New Venture Creation
• MKT 382 – Marketing High-Tech Products
• OM 386 – Supply Chain Management
• MAN 385 – Management Sustainability Practicum
• MAN 385 – Entrepreneurial Growth
• FIN 394.7 – Raising Capital

Marketing/Operations track – Choose three (3) courses from the list below:

• MKT 382 – Marketing High-Tech Products
• OM 386 – Supply Chain Management
• OM 386 – Advanced Operations Management
• MKT 382 – Marketing Metrics
• MKT 382 – Social and Ethical Responsibility of Business

Recommended Electives

• MAN 385.65 – Enterprise of Technology
• EER 396 – Political Economy of Global Energy
• EER 396 – Research in Energy/Earth Resources Practice
• LEB 380.4 – Law for Finance

Total Credit Hours: 20

Career Opportunities

• Project Manager
• Small Business Manager
• Venture Capital Associate
• General Manager
• Internal Strategist
• New Venture Founder

STEM Designation Requirement

Students who complete core courses plus the two custom core classes below meet the Management Sciences/Quantitative Methods STEM designation requirement.

• MKT 282 Analysis of Markets (required)
• STA 287 Business Analytics
• An approved elective may also be considered for the STEM designation requirement

Entrepreneurship

Located in Austin and nourished by one of America's most entrepreneurial cities, the Texas MBA concentration in Entrepreneurship includes an interrelated set of activities that prepare students to: think analytically, ask the right questions, develop and launch new products for existing companies, solve the problems of entrepreneurial firms, be an entrepreneur in a large firm, or start a new venture. Students who concentrate in Entrepreneurship benefit from many of the unique resources of the McCombs School of Business and the Austin community including:

• The Herb Kelleher Center for Entrepreneurship, dedicated to funding teaching, research, and community outreach related to entrepreneurship.
• The Hicks, Muse, Tate & Furst Center for Private Equity Finance, fostering research and scholarship on issues related to private equity finance, capital markets, corporate finance, investments, real estate, and other associated matters.
• IC2 Institute / Austin Technology Incubator, an international think-tank for entrepreneurship. ATI is a highly successful business incubator focused on high-tech startups.
• Central Texas Angel Network, a network of high net worth individuals focusing on seed stage investment and entrepreneur mentorship.

Recommended Curriculum

Any five (5) courses from the list below:

• MAN 385 – Introduction to Entrepreneurship
• MAN 385 – Opportunity Identification and Analysis
• MAN 385 – Entrepreneurial Growth
• MAN 385 – Entrepreneurship and Incubation
• MAN 385 – Social Entrepreneurship
• MAN 385 – Texas Venture Labs Practicum
• MAN 385 – New Venture Creation
• MAN 385 – Nutrition Entrepreneurship
• FIN 394 – New Venture Finance
• FIN 394 – Venture Capital Fellows Program
• LEB 380 – Law for Entrepreneurs
• MKT 382 – Marketing High-Tech Products
• MKT 382 – Design Thinking Business Innovation
• MKT 382 – Digital Marketing

Total Credit Hours: 15

For students keen on launching a startup, we highly recommend enrolling in both New Venture Creation and New Venture Finance. These courses complement each other, covering the essential stages of getting a startup off the ground and understanding the financial intricacies involved. It is perfectly feasible to take these courses concurrently to maximize the benefits and apply the learnings in real time to your venture.

On the other hand, if your interest in entrepreneurship is more exploratory, and you're not looking to build a startup during your time in grad school, Introduction to Entrepreneurship is the course for you. It provides a comprehensive overview of the field, offering valuable insights without the commitment of launching your own business during the program.

Career Opportunities

• Product Manager or Marketer
• Small Business Manager
• Venture Capital Associate
• General Manager
• Internal Strategist
• New Venture Founder

Global Business

The Texas MBA concentration in Global Business is designed to provide students with a focus on business practices and challenges in the global arena. Students who elect to pursue this concentration may choose whether or not to fulfill the concentration requirements by including a semester abroad on an MBA Exchange Program.

Required Curriculum

• Option A: 12 credit hours (at least one course must have the prefix IB)
• Option B: 9 hours & one (1) short semester abroad (equivalent to 1-2 UT courses while abroad)
• Option C: 6 hours & one (1) long semester abroad (equivalent to 3 or more UT courses while abroad)

Courses approved for the Global Business concentration:

• IB – All graduate courses with this prefix
• FIN 394 – Global Finance
• MAN 385 – Management & Marketing in the Global Arena
• MKT 382 – Invisible Global Marketing
• RM 395 – Managing International Risk
• PA 388K – Managing International Risk
• UT Foreign Language

Career Opportunities

• Consulting
• International Finance
• Entrepreneurship
• International Marketing
• Supply Chain Management
• General Management
• Global Brand Management

Healthcare

The MBA Healthcare concentration focuses on healthcare innovation, analytics, and technology ecosystem, with classes taught by award-winning Texas McCombs faculty. The Healthcare concentration consists of the courses in our McCombs Healthcare Series and any other optional healthcare courses listed directly below offered at the university. Classes are subject to change.

McCombs Healthcare Series

• MAN 385 – Healthcare Business Ecosystem: This course covers the healthcare industrial environment, healthcare reform, and how various healthcare components – including medical devices, biotech, and pharma – innovate and influence the marketplace.
• MIS 382N – Healthcare Technology Innovation: This course provides a framework to understand the types of IT-enabled product and process innovations that are revolutionizing healthcare delivery in the US and globally.
• MAN 385.22 – New Venture Creation (Practicum): This practicum class works directly with early-stage companies to develop their market – healthcare companies included.

Note: Students should complete the above curriculum during the spring semester of their first year in the MBA program. Most remaining Finance electives have these three courses as prerequisites.

Examples of Other Healthcare Courses

• PGS 380M – Entrepreneurship and Health Innovation (Practicum)
• OM 337/MIS 373 – Healthcare Analytics
• N 386F – Budget and Finance in Healthcare
• N 386Q – Quality and Safety in Healthcare
• N 382W – Informatics for Health Care Professionals – Web-Based
• LAW 397S – Seminar Health Justice/Med-Legal
• LAW 397S – Seminar Healthcare Law/Policy

Career Opportunities

• Business Development Manager
• Healthcare Consultant
• Pharmaceutical Project Manager
• Product Manager
• Healthcare MBA Leadership Development Programs

Social Enterprise

Social Enterprise continues to be a growing area of interest for MBA students. Our concentration in social enterprise offers insight into the industry through unique courses and events and prepares you for career opportunities related to this concentration – everything from the CSR departments of major corporations and non-profit organizations to environmental management and sustainability groups in a wide range of companies. Other opportunities include public policy and economics departments, ethics management, corporate compliance offices, social enterprise project management, and community relations management. Add to your social enterprise experience by taking relevant elective classes in the LBJ School, participating in a Texas MBA+ project relating to CSR initiatives, or attending the annual Sustainability Summit.

Required Curriculum

Any four (4) courses from the list below:

• ACC 380K – Issues in Accounting/Control of Non-Profit Orgs
• IB 395 – Emerging Markets
• LEB 380 – Energy Law
• BGS 381 – Law, Ethics, and Corporate Social Responsibility
• MAN 383 – Advocacy
• MAN 385 – Management Sustainability Practicum
• MAN 385 – Politics and Process
• MAN 385 – Managing Crises
• MAN 385 – Corporate Governance
• MIS 382N – Managing Complexity
• MKT 382 – Business and the Environment
• MKT 382 – Behavioral Economics
• MKT 382 – Invisible Global Market
• PA 388K – Topics in Public Policy (any topic)
• PA 388L – Topics in Public Management (any topic)

Recommended Electives

• IB 391 – Directed Study in Global Management
• IB 395 – Business in Latin America

Total Credit Hours: 12

Career Opportunities

• Community Relations Management
• Corporate Social Responsibility Management
• Education Analyst
• Environmental Manager
• Non-Profit Manager
• Non-Profit Consultant
• Public Policy Analyst
• Sustainability Consultant

Management (General)

The hands-on, team-based approach used at McCombs develops critical thinkers that can successfully manage projects, teams, and organizations. Courses in the General Management concentration prepare you to lead through experience in teamwork and relationship building. As a student, you will take on roles as a leader and a team member in classroom cases and exercises. Through intensive reviews of business cases, you will learn to solve complex issues using in-depth research and strategic thinking rooted in data. Graduates of this concentration have typically moved into team lead roles in a wide variety of industries.

Recommended Curriculum

• MAN 283 – Leading People and Organizations (custom-core)
• MAN 283 – Creating and Managing Human Capital (custom-core)

Choose any four (4) non-core Graduate Management Courses (partial list):

• MAN 383 – Art and Science of Negotiation
• MAN 383 – Advocacy
• MAN 385 – Energy Technology
• MAN 385 – Entrepreneurial Growth
• MAN 385 – Global Management
• MAN 385 – Intro to Entrepreneurship
• MAN 385 – Leading Innovation and Change
• MAN 385 – Management & Marketing in the Global Arena
• MAN 385 – Managing a Diverse Workforce
• MAN 385 – New Venture Creation
• MAN 385 – Performance and Sports Analytics
• MAN 385 – Power and Politics

Strategy & Innovation

In a competitive business landscape, winners and losers are determined by how well firms strategize and innovate to outmaneuver their competitors. The concentration in Strategy and Innovation focuses on topics that develop a deep understanding of these critical functions of a firm's leaders. The courses required for the concentration will equip students with the knowledge, skills, and perspectives necessary to effectively craft strategies and lead innovation in increasingly dynamic, competitive, and resource-constrained business environments.

This concentration is made up of courses designed for those interested in holding leadership positions in, or consulting to, established or entrepreneurial organizations. However, given that strategy and innovation are critical considerations in many organizational roles, students could consider pairing the concentration in Strategy and Innovation with an interdisciplinary concentration in Entrepreneurship, Global Business, or Social Enterprise, or with a functional concentration in Accounting, Finance, IROM, or Marketing.

Recommended Curriculum

A minimum of two (2) courses from the list below:

• MAN 385 – Technology Strategy
• MAN 385.62 – Corporate Governance
• MAN 385 – Leading Innovation and Change
• MAN 385 – Introduction to Entrepreneurship
• MAN 385.22 – New Venture Creation
• MAN 385 – Management Sustainability Practicum

A maximum of three (3) additional courses from the list below:

• MAN 385.33 – Management and Marketing in the Global Arena
• MAN 385 – Business, Law, and Innovation
• MKT 382 – Customer Insights
• MKT 382 – Strategic Marketing
• MIS 383N.13 – Managing Innovation in a Global Company
• LEB 380 – Name Image and Likeness/Intellectual Property
• OM 386 – Project Management

Brand & Product Management

The goal of the Brand & Product Management concentration is to prepare students for positions in brand and product management across a broad array of industries. Positions associated with brand and product management typically include profit and loss responsibilities for a product or product line along with a strong advocacy role for the long-term success of the brand. Opportunities for brand management expertise continue to expand as a growing number of companies and industries recognize their brands are often the most valuable assets that the company creates, markets, and manages. While pioneered within the consumer packaged goods industry, brand and product management has become a critical component of almost every company's competitive strategy.

Brand and product management jobs often entail running multi-million-dollar product businesses and hence provide excellent opportunities for those interested in general business and entrepreneurship. As brand management skills have become critical in the more central marketing strategy efforts of many leading organizations, brand management is increasingly a route to CEO positions.

Recommended Curriculum

• MKT 282 – Analysis of Markets (custom core)
• MKT 382 – Product Management
• MKT 382 – Strategic Branding
• MKT 382 – Digital Marketing
• MKT 382 – Strategic Marketing
• MKT 382 – Sales Management
• MKT 382 – Customer Strategy (Marketing Fellows)

Data Analysis – Choose one (1) course from the list below:

• MKT 382 – Data-Driven Marketing
• MKT 382 – Data Analytics & Dynamic Pricing
• MKT 382 – CRM & Database Management

Understanding Customers – Choose one (1) course from the list below:

• MKT 382 – Consumer Behavior in a Digital World
• MKT 382 – Design Thinking For Business Innovation

STEM Designation Requirement

Students who complete core courses plus the two custom core classes below meet the Management Sciences/Quantitative Methods STEM designation requirement.

• MKT 282 Analysis of Markets (required)
• STA 287 Business Analytics
• An approved elective may also be considered for the STEM designation requirement

High Tech Marketing

High-tech industries are very dynamic with rapid and discontinuous change being more the norm than the exception. Accordingly, marketers must successfully manage rapid new product introductions, often while simultaneously guiding the phase-out of other products within the same product line. In this regard, marketers' greatest value lies in shaping the technological products produced by the firm into solutions that truly benefit potential customers and are differentiated from the rapidly proliferating competition.

At the same time, high-technology marketers engage in the classic marketing activities of segmentation, targeting, positioning, and ongoing marketing support for the rest of the firm's products. In some industries, high-technology marketing resembles consulting and some companies may have such internal consulting business units (3M, for example).

Recommended Curriculum

• MKT 282 – Analysis of Markets (custom core)
• MKT 382 – Product Management
• MKT 382 – Strategic Branding
• MKT 382 – Digital Marketing
• MKT 382 – Strategic Marketing
• MKT 382 – Consumer Behavior in a Digital World
• MKT 382 – Design Thinking For Business Innovation
• MKT 382 – Customer Strategy (Marketing Fellows)

Data Analysis – Choose one (1) or more courses from the list below:

• MKT 382 – Data-Driven Marketing
• MKT 382 – Data Analytics & Dynamic Pricing
• MKT 382 – CRM & Database Management

STEM Designation Requirement

Students who complete core courses plus the two custom core classes below meet the Management Sciences/Quantitative Methods STEM designation requirement.

• MKT 282 Analysis of Markets (required)
• STA 287 Business Analytics
• An approved elective may also be considered for the STEM designation requirement

Marketing Analytics & Consulting

The marketing analytics track aims to provide the knowledge and skills that drive success in today's rapidly evolving, data-focused business environment. Students will gain hands-on exposure to advanced marketing data analytical tools and frameworks with a firm grounding in the essentials of strategic marketing. This track is ideal for students seeking to pursue careers in marketing research and customer insights as well as in marketing consulting.

Recommended Curriculum

• MKT 282 – Analysis of Markets (custom core)
• MKT 382 – Data-Driven Marketing
• MKT 382 – Data Analytics & Dynamic Pricing
• MKT 382 – CRM & Database Management
• MKT 382 – Customer Strategy (Marketing Fellows)

Choose three (3) courses from list below:

• MKT 382 – Product Management
• MKT 382 – Strategic Branding
• MKT 382 – Digital Marketing
• MKT 382 – Strategic Marketing
• MKT 382 – Sales Management
• MKT 382 – Customer Strategy (Marketing Fellows)

Understanding Customers – Choose one (1) course from the list below:

• MKT 382 – Consumer Behavior in a Digital World
• MKT 382 – Design Thinking For Business Innovation

STEM Designation Requirement

Students who complete core courses plus the two custom core classes below meet the Management Sciences/Quantitative Methods STEM designation requirement.

• MKT 282 Analysis of Markets (required)
• STA 287 Business Analytics
• An approved elective may also be considered for the STEM designation requirement

Business Analytics

The Business Analytics concentration is designed to cater to the growing demand for talent for managing, analyzing, predicting, and discovering insights from massive amounts of complex data (e.g., transactions, social networks, sensors, etc.) to solve business, social, and economic problems. According to many industry studies (e.g., McKinsey Global Institute), there is a need for 140,000 – 190,000 professionals with deep business analytics skills and a shortfall of 1.5 million data-savvy business managers. This Business Analytics concentration provides a foundation in analytics by bringing together deep expertise in applied statistics, optimization, and decision theory to apply in different contexts, including market basket analysis, consumer behavior, social networks, recommendation systems, fraud and crime detection, healthcare fraud, supply chain, finance, security threats, etc.

Recommended Curriculum

• MKT 282 – Analysis of Markets (flex core)
• STA 287 – Business Analytics and Decision Modeling (flex core)

Choose four (4) courses from the list below:

• MIS 382N.9 – Data Mining for Business Intelligence (Spring of 1st or 2nd year)
• MIS 382N.12 – Social Media Analytics (Fall of 2nd year)
• RM392 – Financial Modeling and Optimization (Fall of 2nd year)
• OM 380.17 – Supply Chain Analytics (Fall of 2nd year)
• OM 386 (04640) / MKT 282 – Data Analytics and Dynamic Pricing (Fall of 2nd year)
• OM 386 (04645) – Supply Chain Management (Fall of 2nd year)
• MIS 383N – Decision Support Modeling (Spring of 2nd year – either STA 287 or MIS 383N)
• MKT 382 – Marketing Analytics and Information (Spring of 2nd year)

Recommended Electives

• FIN 397.1 – Investment Theory and Practice
• FIN 394.1 – Advanced Topics in Corporate Finance

Total Credit Hours: 16

Career Opportunities

• Corporate Finance Analyst
• Financial Analyst
• Insurance and Brokerage Operations Manager
• Manager
• Risk Manager
• Treasury Analyst

STEM Designation Requirement

Students who complete core courses plus the two custom core classes below meet the Management Sciences/Quantitative Methods STEM designation requirement.

• MKT 282 Analysis of Markets (required)
• STA 287 Business Analytics
• An approved elective may also be considered for the STEM designation requirement

Information Management

The Texas MBA Information Management (IM) concentration focuses on developing business leaders who understand:

• How to leverage IT to create value via innovative information technologies or novel use thereof.
• The strategic, financial, and economic implications of IT projects.

This concentration provides a strong foundation so that students can articulate the strategic and business value of IT beyond an IT-centric view and develop the expertise required to manage global resources and projects enabled through IT. Finally, the concentration strives to provide an environment for students to develop entrepreneurial thinking and leadership skills through activities such as extracurricular case competitions and projects for local organizations.

Recommended Curriculum

• MKT 282 – Analysis of Markets (flex core)
• STA 287 – Business Analytics and Decision Modeling (flex core)

Three (3) Information Management courses:

• MIS 381N – Strategies for Networked Economy (Spring of 1st or Fall of 2nd year)
• MIS 382N.9 – Data Analytics with Data Mining (Spring of 1st or Spring of 2nd year)
• MIS 383N.13 – Managing Innovation in a Global Company (Spring of 1st or Spring of 2nd year)

Choose any one (1) course from the list below:

• OM 386.4 – Operations Practicum
• OM 386 – Supply Chain Analytics
• OM 386 – Supply Chain Management
• MKT 382 – Marketing Analytics and Information
• MKT 382 – Data Analytics and Dynamic Pricing
• MKT 382 – Analytical Tools for Marketing Decisions
• ACC 387.1 – Managerial/Cost Accounting

Total Credit Hours: 16

Career Opportunities

• Information Management Consultant
• Information Technology Strategy & Management
• Business Analyst
• Project Manager

STEM Designation Requirement

Students who complete core courses plus the two custom core classes below meet the Management Sciences/Quantitative Methods STEM designation requirement.

• MKT 282 Analysis of Markets (required)
• STA 287 Business Analytics
• An approved elective may also be considered for the STEM designation requirement

Supply Chain & Operations Management

MBA graduates with a concentration in Supply Chain and Operations Management have several career opportunities available to them. They are well prepared to work as supply chain analysts, project managers, logistics managers, operations consultants, or as managers of manufacturing or service operations. Consulting firms value the analytical skills that are developed in supply chain management. This concentration can be particularly valuable when combined with skills in marketing or finance.

The Supply Chain and Operations Management concentration takes a strategic and application-oriented view of a firm's operations and resources. In addition to the core course in operations, electives are offered in areas such as supply chain management, project management, supply chain analytics, and service operations management. A practicum course is also offered that affords students an opportunity to interact with the industrial partners of the University of Texas Supply Chain Consortium to solve real business problems.

Required Curriculum

• MKT 282 – Analysis of Markets (flex core)
• STA 287 – Business Analytics and Decision Modeling (flex core)

Four (4) courses from the following list – two (2) of which must have the OM prefix:

• OM 386 – Managing Projects
• OM 386 – Supply Chain Management
• OM 386 – Supply Chain Analytics
• OM 386 – Service Operations Management
• OM 386 – Operations Practicum
• OM 386 – Data Analytics and Dynamic Pricing
• ACC 380D – Advanced Topics in Financial Reporting
• ACC 380K.7 – Financial Statement Analysis
• FIN 394.1 – Advanced Corporate Finance
• FIN 397.1 – Investment Theory & Practice
• FIN 397.4 – Financial Risk Management
• MAN 385 – Global Trip – Southeast Asia
• MIS 381N.27 – Strategies for Networked Economy
• MKT 382 – Strategic Marketing
• MKT 382 – Marketing Analytics and Information
• MKT 382 – Consumer Behavior in a Digital World
• MKT 382 – Pricing and Channels
• RM 392.1 – Financial Modeling and Optimization
• RM 395.7 – Managing International Risk

Total Credit Hours: 16

Career Opportunities

• Business Analyst
• Management Consultant
• Manufacturing Manager
• Operations Manager
• Procurement Manager
• Supply Chain Manager
• Total Quality Management

STEM Designation Requirement

Students who complete core courses plus the two custom core classes below meet the Management Sciences/Quantitative Methods STEM designation requirement.

• MKT 282 Analysis of Markets (required)
• STA 287 Business Analytics
• An approved elective may also be considered for the STEM designation requirement