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FULL-TIME MBAEMPLOYMENT REPORTClasses of 2021 and 2022

A LETTER TO THE TEXAS McCOMBS COMMUNITYThanks to the support of our extensive employer and alumni network, ourworld-class faculty, industry experts, and our talented career consultants,we had a strong performance in our employment outcomes for 2021. Atgraduation, 84% of our graduating Full-Time MBAs accepted an offer. Jobacceptances increased to 93% three months after graduation, which is a 7%increase from 2020. These outcomes are indicative of the community, tools,and resources our MBAs have in managing their career development.This report details the key insights we have realized this year and outlinesthe competitive advantage our Texas McCombs ecosystem provides to ouralumni and students year over year.Our ongoing efforts to continue to strengthen our employer ecosystemhelped our graduating Texas McCombs MBAs pursue full-time careeropportunities at 116 companies, and 99% of the MBA class of 2022 securedinternships at 125 companies across the United States.Creatively refining and expanding our curriculum and resources, ourcareer education & coaching team empowered our MBAs to take control ofdesigning their life and exploring diverse career paths. In the functions weclassify under marketing/sales specifically, students reported expandedinterest in many areas, including product management, product marketing,sales, research/consumer insights, buying/merchandising, and brandmanagement, among others.Texas’ economy continues to grow and remain diverse, spanning traditionaloil and gas to renewable energy, tech, healthcare, financial services, andmanufacturing. In last year’s recruitment cycle, our graduating Texas McCombsMBAs leaned into this growth specifically within Austin’s tech sector. Jobacceptances in technology increased by 8% in the last five years, with anincreased number of tech companies (20 ) hiring our MBAs nationally, fromSeattle to the San Francisco Bay Area.Resiliency and momentum in 2021 allowed the Austin economy, MBAstudents, and our community to bounce forward in a global pandemic. And aswe look forward to the future of work, we are ready. We are Texas McCombs.Hook ’em,Janet Huang, Senior Assistant DeanMcCombs Career Management and Corporate Relations

FULL-TIME MBA CLASS OF 2021CLASS PROFILECLASS PROFILE ENTERING FALL 2019PRE-MBA INDUSTRIESClass Size260Consulting11%Average Years Work Experience5.5Consumer Products3%Average Age29Energy11%Women40%Finance / Banking14%U.S. Minorities29%Government10%Underrepresented Minorities16%Manufacturing5%International20%Media / Entertainment3%Average GPA3.42Non-Profit5%Average GMAT Score704Pharmaceutical / Biotech / Healthcare3%Private Equity / Venture Capital1%Real Estate1%Retail3%Middle 80% GMAT Score650 – 740UNDERGRADUATE MAJORSBusiness / Economics33%Technology11%STEM31%Travel / Transportation2%Humanities / Social Sciences15%Other16%Other21%–1–

FULL-TIME MBA CLASS OF 2021OFFER & COMPENSATION DETAILSSUMMARY OF GRADUATESU.S. Citizen /Permanent ResidentForeignNationalTotalGraduating Class18542227Not Seeking Employment19827Continuing Education10010Own Venture527Sponsored Job369Other Reasons10120450254*Seeking EmploymentTotal*Total graduating class includes summer 2020, winter 2020 and spring 2021BASE SALARYNo. S. Citizen /Permanent Resident173 130,054 130,000 50,000 – 205,000Foreign National38 128,945 130,000 75,000 – 170,000Total211 129,854 130,000 50,000 – 205,000SIGNING BONUSNo. ReportingSigning BonusBonusMeanBonusMedianBonusRangeU.S. Citizen /Permanent Resident132 28,741 27,500 2,500 – 90,000Foreign National30 25,567 22,500 3,000 – 90,000Total162 28,153 25,000 2,500 – 90,000–2–

FULL-TIME MBA CLASS OF 2021OFFER & COMPENSATION DETAILSSUMMARY OF JOB OFFER SOURCESNo. ReportingSource%of TotalMeanBase SalarySourced from Internships through Texas McCombs9746.0% 134,911Full-Time Recruiting through Texas McCombs corporate partnerecosystem, alumni / staff network or other UT Austin Resources6832.0% 128,625Individual Networked Search or Personal Network4119.4% 120,251Sourced from Internships through Individual Search52.4% 127,200211100% 129,854TotalTIMING OF JOB OFFERSNo. StudentsSeeking EmploymentReceived First Offerby GraduationReceived First Offer by3 months of GraduationU.S. Citizen /Permanent Resident18588.1%95.1%Foreign National4269.0%90.5%Total22784.6%94.3%No. StudentsSeeking EmploymentAccepted Offerby GraduationAccepted Offer by3 months of GraduationU.S. Citizen /Permanent Resident18587.6%93.5%Foreign National4269.0%90.5%Total22784.1%93.0%TIMING OF JOB ACCEPTANCES–3–

FULL-TIME MBA CLASS OF 2021ACCEPTANCES BY INDUSTRYACCEPTANCES AND SALARY BY INDUSTRY*No. StudentsReporting% StudentsReportingBase SalaryMeanBase SalaryMedianBase SalaryRangeConsulting4822.7% 152,250 160,000 60,000 – 170,000Consumer Products125.7% 115,117 116,000 90,000 – 140,000Energy / Utilities125.7% 111,708 115,000 79,500 – 140,000Financial Services3516.6% 133,154 150,000 50,000 – 175,000Healthcare62.8% 125,000 126,250 117,500 – 130,000Real Estate62.8% 96,417 95,000 70,000 – 120,000Retail73.3% 121,714 120,000 115,000 – 132,000Technology7234.1% 127,410 130,000 96,000 – 166,000Travel / Transportation83.8% 102,438 100,000 87,500 – 130,000**Other52.4% 107,085 80,000 60,424 – 205,000211100% 129,854 130,000 50,000 – 205,000Total*All students reporting job acceptance and salary details**Other industries include Media / Entertainment, Government, Manufacturing, and Other–4–

FULL-TIME MBA CLASS OF 2021ACCEPTANCES BY FUNCTIONACCEPTANCES AND SALARY BY FUNCTION*No. StudentsReporting% StudentsReportingBase SalaryMeanBase SalaryMedianBase SalaryRangeInvestment Banking178.1% 145,376 150,000 86,400 – 175,000Corporate Finance115.2% 114,409 115,000 87,500 – 130,000Real Estate Finance20.9% 95,000N/AN/APrivate Equity /Venture Capital73.3% 112,857 135,000 50,000 – 150,000Asset Management73.3% 124,786 125,000 100,000 – 150,000Corporate Development62.8% 117,500 120,000 90,000 – 135,000Consulting5425.6% 150,972 159,500 80,000 – 170,000Operations / Logistics /Supply Chain104.7% 124,100 126,500 95,000 – 140,000Project Management104.7% 127,600 125,000 115,000 – 140,000Leadership Development /Rotational Programs94.3% 123,611 120,000 115,000 – 156,0003014.2% 121,220 120,000 90,000 – 166,000Product Marketing83.8% 132,500 132,500 111,000 – 150,000Merchandising /Retail Marketing31.4%130,000N/AN/ADemand GenerationMarketing & BusinessDevelopment115.2% 119,727 120,000 90,000 – 140,000Brand Management41.9% 110,250 110,500 108,000 – 112,000Other Marketing94.3% 116,756 120,000 75,000 – 140,400Other136.2% 110,263 115,000 60,000 – 205,000Total211100% 129,854 130,000 50,000 – 205,000Finance / AccountingGeneral ManagementMarketing / SalesProduct Management*All students reporting job acceptance and salary details–5–

FULL-TIME MBA CLASS OF 2021ACCEPTANCES BY GEOGRAPHY5.2%NORTHEAST 142,00013.3%6.6%WEST 131,250MIDWEST 119,28665.9%3.3%SOUTHWESTSOUTH 130,700 121,6432.4%MID-ATLANTIC 122,0001.9%OUTSIDE THE U.S. 113,725In 2021, Texas McCombs students acceptedfull-time positions in Mexico, China,Switzerland, and United Arab Emirates.salaries reflected are median base salary of 211 students reporting location–6–

FULL-TIME MBA CLASS OF 2022CLASS PROFILECLASS PROFILE ENTERING FALL 2020Class SizePRE-MBA INDUSTRIES241Consulting12%Average Years Work Experience6Consumer Products2%Average Age29Energy9%Women34%Finance / Banking11%U.S. Minorities31%Government10%Underrepresented Minorities18%Manufacturing2%International10%Media / Entertainment6%Average GPA3.44Non-Profit6%Average GMAT Score704Pharmaceutical / Biotech / Healthcare5%Private Equity / Venture Capital1%Real Estate4%Retail2%Middle 80% GMAT Score650 – 740UNDERGRADUATE MAJORSBusiness / Economics35%Technology13%STEM27%Travel / Transportation2%Humanities / Social Sciences17%Other15%Other21%–8–

FULL-TIME MBA CLASS OF 2022INTERNSHIP OFFER & COMPENSATION DETAILSCLASS SUMMARYU.S. Citizen /Permanent ResidentForeignNationalTotalClass19718215Own Venture6612Not Seeking Internship1511621825243Seeking InternshipTotalMONTHLY SALARYU.S. Citizen /Permanent ResidentForeign NationalTotalNo. 9 8,292 7,600 400 – 14,58316 8,180 8,150 2,290 – 13,333205 8,283 7,600 400 – 14,583SUMMARY OF INTERN OFFER SOURCESNo. ReportingSource%of TotalMonthlySalary MeanTexas McCombs corporate partner ecosystem,alumni / staff network or other UT Austin Resources15172.0% 8,687Individual Networked Search or Personal Network5928.0% 7,208Total210100% 8,283–9–

FULL-TIME MBA CLASS OF 2022INTERNSHIPS BY INDUSTRYINTERNSHIP ACCEPTANCES AND SALARY BY INDUSTRY*No. ReportingAcceptance% ReportingAcceptanceNo. eConsulting3616.9%36 12,378 13,315 2,598 – 13,756Consumer Products167.5%15 6,353 6,755 2,500 – 8,660Energy / Utilities178.0%17 6,153 6,000 3,118 – 9,583Financial Services4119.2%37 9,695 10,417 600 – 14,583Healthcare115.2%10 6,829 7,049 2,920 – 13,750Manufacturing41.9%4 6,303 6,108 4,157 – 8,840Real Estate83.8%8 4,703 4,998 2,598 – 6,150Retail52.3%5 6,687 7,000 5,196 – 8,660Technology6128.6%59 7,601 7,448 2,600 – 10,166Travel / Transportation104.7%10 6,119 6,582 2,598 – 7,600**Other41.9%4 4,897 5,805 400 – 7,578213100%205 8,283 7,600 400 – 14,583Total*All students reporting job acceptance and salary details**Other industries include Government, Public Sector/ Non-Proft, and Other– 10 –

FULL-TIME MBA CLASS OF 2022INTERNSHIPS BY FUNCTIONINTERNSHIP ACCEPTANCES AND SALARY BY FUNCTION*No. ReportingAcceptance% ReportingAcceptanceNo. eInvestment Banking178.0%17 12,765 12,500 10,417 – 14,583Private Equity /Venture Capital125.6%10 5,225 5,098 600 – 10,000Corporate Finance2411.3%24 7,548 7,997 2,598 – 9,208Real Estate Finance41.9%4 4,470 4,565 2,598 – 6,150Asset Management83.8%7 7,930 6,591 3,118 – 7,6213817.8%38 12,302 13,315 6,062 – 13,756Data Analytics41.9%4 5,283 5,109 2,600 – 8,314Operations / Logistics /Supply Chain178.0%16 6,658 6,807 400 – 9,699Leadership Development /Rotational Programs83.8%8 8,678 8,843 4,871 – 10,417Strategic Planning104.7%9 6,433 6,582 4,800 – 7,600Project / ProgramManagement73.3%7 4,698 4,330 2,500 – 8,734Product Management198.9%19 7,851 7,000 3,464 – 10,166Brand Management62.8%6 6,404 6,714 4,330 – 8,660Demand GenerationMarketing & BusinessDevelopment73.3%7 6,131 6,000 2,920 – 8,660Product Marketing62.8%6 7,120 6,807 6,755 – 8,719Market Research41.9%4 5,568 5,612 4,676 – 6,374Retail Marketing31.4%3 9,222N/AN/AOther Marketing83.8%8 6,546 6,374 4,330 – 10,392104.7%8 6,146 6,590 3,118 – 7,621212100%205 8,232 7,600 400 – 14,583Finance & AccountingGeneral ManagementConsultingMarketing / Sales**OtherTotal*All students reporting job acceptance and salary details**Other industries include other Management, Human Resources, and Governmental Affairs– 11 –

FULL-TIME MBA CLASS OF 2022INTERNSHIPS BY GEOGRAPHY5.2%NORTHEAST 10,14215.0%4.7%WEST 8,100MIDWEST 8,14566.2%3.3%SOUTHWESTSOUTH 8,268 7,748 1.0%MID-ATLANTIC 1.0%OUTSIDE THE U.S.In 2021, Texas McCombs studentsaccepted internships in Mexico.salaries reflected are median monthly salary of 204 students reporting location– 12 –