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The University of Texas at Austin
McCombs Monthly Vol. 5, No. 1   June 23, 2005 
News for undergraduate alumni and friends from the McCombs School of Business
 
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In This Newsletter

Tilting at Windmills, Backed By a Board: Corporate Governance for Early-Stage Companies
Entrepreneurs are not known for their love of law and order. But according to speakers at the 21st Century Governance for Early Stage Companies conference, held June 9-10, the benefits of good governance far outweigh the costs of the compromises involved.
Get the full story.

McCombs School Names New Assistant Dean and Director of DEMBA, HEMBA
Lisa Kaminski, former assistant dean of the business school at Georgetown University, has been named assistant dean and director of the Houston and Dallas MBA programs at The University of Texas at Austin’s McCombs School of Business. A graduate of Harvard University, Kaminski brings more than 20 years of experience in higher education administration to the position. Most recently, for the last six years, Kaminski served as the assistant dean at Georgetown University in Washington D.C., where she was responsible for the non-degree, certificate and custom executive programs. She was also the director of Georgetown’s executive MBA, consistently ranked by BusinessWeek magazine among the top executive MBAs in the United States.
Get the full story.

New Online Gift Store Makes Buying McCombs Easy
In cooperation with the University Co-op, the McCombs School is pleased to be able to offer McCombs branded gifts for sale online, all embossed with the distinctive McCombs School logo. The selection includes leather padfolios, expandable totes, travel organizers, money clips, business card holders, and more!
Find your perfect McCombs School gift.

Entrepreneurs Should Cultivate Employee Satisfaction, Personal Discomfort, Says Kelleher
Although employee satisfaction has always been the top priority at Southwest Airlines, its founder advises entrepreneurs to forget about their own preferences when looking for directors. “Pick people for the board who you’re uncomfortable with,” says Herb Kelleher in his keynote lecture at the 21st Century Governance for Early-Stage Companies conference.
Get the full story.

McCombs Undergraduate Team Wins First Place in Real Estate Competition
A team of McCombs students won first place in the USC Marshall School’s undergraduate real estate case competition this past April. The case, written by Wells Fargo Real Estate Group, involved the analysis of a three-building office campus development, including risk mitigation, project financing, development options, and a viable exit strategy.
Get the full story.

Student Magazine Names Three BBAs Leading Longhorns
Not many students at The University of Texas at Austin can say they’ve been on the cover of a magazine before graduation day. BBAs Jonathan Gill, Kenny Liao, and David O’Connell, however, can now make this claim to fame. The three were recognized as Leading Longhorns in the Spring 2005 issue of ORANGE—UT Austin’s student magazine, produced in the School of Journalism. A faculty panel chose the 20 Leading Longhorns from a pool of about 70 applicants nominated by professors, peers and themselves. Selections were based on the student’s GPA, volunteerism, leadership positions, athleticism and—most importantly—creativity.
Get the full story.

Prep at Your Best for the GMAT
Texas Executive Education will offer three unique GMAT Preparation Courses at the UT Austin campus: Option I: Original Prep Program, Option II: Intensive Prep Program and Option III: Advanced Prep Program :Verbal or Math. The courses provide the knowledge and skills necessary to bolster your confidence so that you have the leading advantage when taking the exam. Visit the GMAT Preparation site or call 512.232.5420 for more information on each class option, schedules and fee information. Programs begin in September and class size is limited, so register soon. Please ask about our discount for UT Alumni and Students.

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