MBA Programs in Texas
In Texas, they like to do things big. The oil-rich state is served by many industries, and its gross domestic product grew by nearly three percent last year. Moody's Analytics describes the Texas economy as recovering and Forbes and Atlantic Monthly report that many of Texas' largest cities enjoyed stable real estate prices while home values across the country tumbled. Texas benefits from a large presence in oil and gas production, cotton farming and livestock production, as well as banking, finance and tourism. In recent years, the state also has become a major center for transportation, computer, semiconductor and telecommunications companies, the Federal Reserve Bank of Dallas indicated.
Table of Contents:
- MBA Graduates Can Look for Jobs in Many Texas Cities
- Dallas MBA Programs
- Fort Worth MBA Programs
- Houston MBA Programs
The varied and stable economy of Texas could provide a wealth of opportunity for graduates of business schools in Texas. One of the cities considered to be expanding--and not just recovering--by Moody's analytics is College Station. This city has a population of more than 90,000 and is home to Texas A&M University. According to Moody's, the city has low business and labor costs, a well-educated workforce and stability in the local labor market thanks to the universities. Graduates of MBA programs in Texas could also look for job opportunities in Dallas, Houston and San Antonio. These cities are home to many of the state's 51 Fortune 500 companies, including Atmos Energy, Sysco and Valero Energy. There's plenty of potential for skilled MBA grads in Texas.
Home to nearly 1.2 million residents, Dallas is the ninth largest city in the country and boasts one of the strongest economies in the nation. According to a May 2010 report from the Dallas Evening News, the Dallas-Fort Worth metropolitan area is in a steady recovery from the recent recession. Industries that have proved integral there include energy, health care and technology.
Economists assert that doing business in Dallas has several advantages, such as low living costs and taxes. Additionally, the city has a central location and an attractive business climate. A number of Fortune 500 companies have latched on to this way of thinking: AT&T, Dean Foods, Energy Future Holdings, Southwest Airlines, Tenet Healthcare, and Texas Instruments are all headquartered there. With such a rich economy, there could be room at the top for you in Dallas. MBA programs in Dallas can give you the skills needed to pursue a successful management career.
With its abundant land and low operating costs, Fort Worth could be attractive to MBA graduates who likely know their Texan city is a model place to do business. A number of major corporations have dropped serious cash in Fort Worth in recent years. According to the Fort Worth Chamber of Commerce, recent developments there include an $11 million investment by pharmaceutical giant Alcon/Novartis to expand its local campus and add nearly 1,000 more jobs; a $160 million expansion by GE Transporation to bring locomotive assembly to Fort Worth, creating 850 new jobs by late 2012; and a $25 million investment from In-N-Out Burger to move their regional headquarters to the CenterPointe Business Park.
Census data also reflects growth in Fort Worth. The population rose 38.6 percent there between 2000 and 2010. New residents were likely attracted by promising employment and housing opportunities. The Fort Worth-Arlington metro area ranked 15th on NewGeography's 2011 list of best cities for job growth, and third on Builder Magazine's 2009 list of healthiest metropolitan area for housing in country. If you'd like to find your own niche in this growth in Fort Worth, business schools could help you advance to top management jobs.
Like the rest of Texas, Houston likes to do things big. Like big business: CNN recently reported that 22 Fortune 500 companies are headquartered in Houston, including Enterprise Product Partners, Halliburton, Marathon Oil, Sysco, and Plains All American Pipeline.
The Texas Medical Center also is an economic boon to Houston. According to data from the city's government, TMC is the world's largest medical center and employs more than 52,000 people, contributing more than $10 billion annually to the local economy. Additionally, more than 5,000 energy-related firms are based in Houston, including major industry players such as CenterPoint Energy and Enbridge Energy Partners. More than 60 of the world's top-100 non-U.S. based companies maintain a presence in Houston, many doing business from the Houston World Trade Center. With so many diverse business sectors flourishing there, graduates of Houston business schools should be able to find a wide range of opportunities available.