UT-Austin Mccombs MBA Q&A

凌空抽射

你好，看见这个帖子非常兴奋，因为我已经关注Mccombs很久了。 我是国内一家天然气调峰电厂的技术人员，由于国际天然气价格的波动，导致供应我厂的燃料价格波动，因此我萌生了到mccombs读energy finance的想法，不知道mccombs对于背景为电力公司的技术人员是否有兴趣？

freer

怎么没人答问题了？
我对risk management感兴趣，可否介绍一下IROM中的risk management方向？师资怎样？就业如何？有中国同学学这个方向吗？

ucfish

Sorry I have not been here for a while...Feeling a little bit guity...
To freer: please refer to http://www.mccombs.utexas.edu/dept/irom/   I think the IROM in UT is quite good, there are a lot of real-world projects the professors are involved in Texas. Those are pretty big companies like Exxon or Cheveron. For those oil & gas companies, risk management is extremely important coz each project is very huge and costs a lot of money to invest. I am having a class called business analytics and decision modeling to touch this risk mangement area, kind of heavy on math and statistics though I like it... However, few Chinese students are interested in this area...

ucfish

to 凌空抽射:

UT's energy finance program is good. We are pround of that. And a lot of opportunities in this area for job though these days to be frank it is a little bit tough for international students(same situation for the whole country). I think UT could be very much interested in your background, do not worry about it. Just make sure you want an MBA and then go ahead to prepare for your TOFEL, GMAT and essay...

freer

太感谢ucfish了！我正准备近期去UT看看，希望能多了解些情况，也希望能够多见到一些中国同学！

ucfish

no problem. contact me if any help needed... liyueyuan327@hotmail.com  or 512-850-3849

withmoon

LS很nice哈，多谢多谢！

pinojane

Hi ucfish,

can you please share some of your experience about UT corporate finance and IB besides in energy field?

thanks!

ucfish

Academic: We got very good professor: Sandy leeds, Greg Hallman for 1st semester classes. They will tell you a lot of insights that you can directly used in the interview. And you will get really well prepared if you understand everything of the class. Leeds even prepared the tape and the material for you the prepare the technical finance interview. I firmly believe if you prepared everything on Leeds' list, you are going to conquer 90% technical finance interview if not all... U will feel really confident about finance questions then.

For IB:

most of the big firms have office in houston and a few in dallas. Their office in Texas are mostly to deal with the oil & gas commodity trading or M&A in this area. They hire most people from UT because of our location advantage  alumni network and reputation.

For NY offices or international offices, they also hire several students each year. we got fair amount of alumni in every firm.

For those who want to do IB, my suggestion is going to be:networking, networking, networking... Life is tough these days, apprently Ibanks are not having a good time... Try to do a lot of networking and be connected with the ibankers (which most Chinese students including me is not an expert compared with US students), take part in every event they hold, follow up them with phone call, email, coffee chat or whatever... and you have to be very smart, very good at both technical finance and communication, work damn hard (100 hrs per week just for internship...) better you have finance or accounting or consulting background. without it, it is still possible but maybe you need double networking...

For corporate finance:
not much to say. networking + finance/accounting background. It is challenging for international students coz few companies other than IB/consulting hire internaiontal students these days, even more challenging for career switcher... this is currently the situation crossing US, hopefully it will get better soon...

pinojane

appreciate your detail answers ucfish~!!!

one more question, when you say chinese students? are you referring international chinese students or including all other chinese students from the US?