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<p>It will never be considered a Top 10 MBA program in my lifetime or yours, whereas Yale has a shot.
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<p>You know, considering that the primary driver of UT Austin's graduate and undergrad (especially) programs not being ranked higher is due to state law that sets minimum thresholds for in-state residents (90+% in-state for undergrads, something like 80% for law, etc.), thereby leading to decreased selectivity and an inherently regional focus, it's actually quite sad that Yale's SOM (a university with no such forced regional requirements) is ranked so closely to begin with. Really sad, actually. </p>
<p>It would also be interesting to see what UT law could do if they could throw off the 80% in-state shackle and become as selective as the other universities it competes with. No one really ever argues faculty quality is the issue keeping it outside, but right at the front door of the "Top 14".</p>
<p>It's funny how many people like the_prestige, who bash schools like UT forget this simple fact. The fact that it's even remotely in the same league with schools in the top tier, while having its hands tied behind its back in admission decisions, as well as with state funding, is cause to question just how great some of the private schools ranked above really are. I mean if they aren't completely blowing it out of the water in reputation rankings (the fact we can even have this debate in the first place!), and have to rely on other criteria like admissions selectivity, etc. to show they're better... just makes you think.</p>