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The University of Texas at Austin
McCombs Monthly Vol. 4, No. 1   Feb. 11, 2005  
News for undergraduate alumni and friends from the McCombs School of Business
 
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In This Newsletter

Career Week Helps BBAs Build Diverse Networks
McCombs undergraduates are getting an early start on summer internships and job opportunities, and their skills got a workout during the annual Intern Expo, which featured more than 50 employers, including GE, Kimberly-Clark, KPMG, National Instruments, UBS and Wells Fargo.
Get the full story.

McCombs Online Alumni Directory Adds New Feature
The McCombs Online Alumni Directory now has an Involvement section, giving alumni an opportunity to share their career experiences with undergraduate students.
Update your profile and volunteer to become a Career Resource for BBA Students.

In the News: McCombs Strives to Continue Growth
“Our aspiration is to be the best public business school in the nation,” Dean George Gau said. “And the only way we can do that is to have a major portion of students who want to work nationally and internationally.” In this interview with the Financial Times, Gau explained several strategic initiatives leading the school toward its goal.
Read Financial Times article (excerpted on McCombs site).

Houston Conference: Experts Forecast Oil Prices
After peaking at $55 a barrel in 2004, the price of crude oil remains at historically high levels. Where are prices headed? Experts from industry and academia offer prognoses Feb. 17-18 in Houston at the McCombs School’s annual energy finance conference.
Get the full story.
Register for the conference.

Hess: Responsible Firms Focus on Local Priorities
David Hess, assistant professor at the University of Michigan’s Ross School of Business, told McCombs students that responsible corporations should focus more on understanding local priorities than on meeting standards derived from American social values.
Get the full story.

Entrepreneurs Offer Insight to Honors Students
If entrepreneurship is the process of sailing uncharted waters, an entrepreneur should let passion fill the sails but be flexible about the course. That was the consensus at the 2005 Business Honors Program Symposium, where students met some of the capitalists who made Austin what it is today.
Get the full story.

‘Managing’ Earnings Through Foreign Subsidiaries
Most investors probably will never examine the voluminous footnotes in multinational companies’ financial statements. But critical information there can elude even the trained professionals whom shareholders rely on to do their homework. Four McCombs accounting professors explore this foreign subsidiary loophole.
Get the full story.

Is Real Estate Your Business?
If you are currently working in any capacity in the commercial/multifamily real estate business, the McCombs School’s Real Estate Finance & Investment Center wants to keep in touch with you. Go to the Online Alumni Directory to update your alumni profile. By choosing “Real Estate” as your industry, you will receive information about the Center and be invited to upcoming events.
Learn more about the Real Estate Finance & Investment Center.

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