Getting Paid: The Highest-Earning Houston MBA Grads
Houston metro is not just home to mouth-watering Texas barbecue and some of the most beautiful beaches in the country. It is also one of the most diverse places on the planet. The melding of cultures and trades yields a booming economy that spreads across a variety of industries, not to mention the best Tex Mex in the world.The city’s thriving economy combined with a low cost of living also makes for a large contingent of cultural philanthropists and institutions, giving Houston one of the great art scenes in the US. Delicious food and cultural perks aside, earning an MBA in Houston is a practical decision for a multitude of reasons. Houston is one of the most populous cities in the US, and it is home to nearly two dozen Fortune 500 companies.
For future industry leaders looking to pursue especially lucrative careers, we’ve laid out the schools that produce the highest paid MBAs in Houston.
Rice University — Jones Graduate School of Business
For b-schoolers aspiring to take high-powered positions with an equally respectable pay off, the Jones Graduate School of Business may be a viable option. The MBA students who graduated in 2016 had an impressive average base salary of $112,158, with an average signing bonus of $25,475. About 34 percent of these grads pursued finance or accounting, and the second most popular industry was consulting (24.7 percent). Though Rice’s rankings and stats are objectively impressive, this school also works to build a sense of community. Class sizes are relatively small, at 40 people per class, and professors strive to familiarize themselves with the students they teach.
Mays Business School – Texas A&M University
The rigorous MBA program at the Texas A&M Mays Business School is sure to provide MBAs with the tools they need to launch high-income careers. The average base salary for the class of 2016 was $103,299. This represents an impressive 87 percent increase from the average pre-MBA salary. The full-time track involves a formidable course load during the first year, as this is when 75 percent of students’ 49 credit hours will be completed. This creates more freedom to pursue internships and electives in the following months, though internships are generally completed during the summer.
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McCombs School of Business – University of Texas at Austin
At the McCombs School of Business, the mean starting salary for the MBA class of 2017 was a remarkable $117,068, with an average signing bonus of $28,349. A respectable 29 percent of these graduates accepted jobs in the technology field, while 21 percent secured jobs in consulting. This cohort-based program offers MBAs the opportunity to thoroughly map out their academic trajectory, so their education stays aligned with their career goals. This program is unique in that students complete one semester of required courses, and completely design their own curriculum for the remaining three semesters. Students can also design their course choices around one of seven possible concentrations.
The HERWorld Energy Forum at Rice’s Jones Graduate School
Bridging the gender gap in business has been an increasingly hot topic in recent years. As evidenced by the Fearless Girl statue facing off against the Charging Bull on Wall Street, and the women’s marches that took place across the country earlier this year, both women and men are speaking up for equality in the business world. The recent HERWorld Energy Forum is yet another example. Continue reading…
Online MBA Programs in Houston
There’s something to be said for living, working and going to school in Houston. According to the 2013 Annual Cost of Living Index, Houston has the third lowest overall cost of living among the nation’s most populous metros. As for housing prices, those are also 36.6 percent below average. And when it comes to higher education, last year more than 403,300 students were enrolled in higher education in the Houston area, and more than 71,700 degrees and certificates were awarded for the 2013-14 year.
So, there’s no doubt that Houston is a great place to live, work, and learn but what about if you can’t make a move to Houston or you can’t take time off of your job to earn an MBA? What then?
There’s good news. There are two MBA programs in Houston that offer an online study option for the ultimate in flexibility. And to help you make the best decision on where to go to school, we’ve outlined the top online MBAs below. Continue reading…
No GMAT/GRE Required at These Houston MBA Programs
There’s a lot of work that goes into your MBA application. Not only do you have to write individual essays for each school and tailor your resume, but you also have to get letters of recommendation and perform well in an interview. And for those bad test-takers, there’s one other element that can leave you in a cold sweat—the GMAT/GRE.
Let’s be brutally honest. Prepping for the GMAT/GRE is stressful and tiring. Who has time to spend hours each week reading a textbook and taking practice exams? For many, it’s a nightmarish process that makes the prospect of getting an MBA a lot less attractive. Even worse, some of the top schools expect GMAT scores above 715 according to U.S. News. But there is good news.
Not every school requires the GMAT or GRE. In fact, six schools in Houston, Texas offer MBA program admission without the test. So, if the idea of testing makes you want to hide in a corner and never come out again, consider applying to one of these schools instead. Continue reading…
Texas : The Best Place for an Energy MBA
According to the United States Energy Information Administration (EIA), the state of Texas is the leading state for overall energy production and consumption. The Texas state government has also reported that the state is a leading producer, importer and refiner of oil and gas products. The success of the energy industry in the state has been largely attributed to the education and training that the industry’s professionals have received.
In the last few years, the renewable energy industries have expanded all across the state of Texas. Although the industry has expanded, it is still evolving across all sectors. As the industry expands, it is important for professionals in the energy industry to be the most educated and trained on the most up to date successful management practices.
Another 40 Under 40 Best Professor Award Winner at Jones
Poets and Quants, the website responsible for a lot of the business school rankings you see, recently released its list of the World’s Best 40 under 40 Business School Professors. This year, Rice University Jones Graduate School of Business’s Yael Hochberg is one of the winners. Jones also scored one of the spots last year when assistant professor of management Hajo Adams was selected. Continue reading…
