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The University of Texas at Austin
McCombs Monthly Vol. 6, No. 2   Oct. 27, 2005 
News for undergraduate alumni and friends from the McCombs School of Business
 
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Upcoming Events

 

MISA Alumni Weekend
MIS & MISA alumni mark your calendars for the next alumni weekend November 10 – 12.

McCombs Entrepreneur Society and Plus Pitch Party
October 27, 6-8 p.m.

Hall of Fame Dinner and Reception
November 11, 6:30 pm
 

  Investment Opportunity
  Investment Opportunity

Make a gift to the McCombs School Annual Fund and help us achieve our goal of becoming recognized as the best public business school in the nation. Give now.

Related Links

 

In This Newsletter

McCombs School Announces 2005 Hall of Fame Inductees
The McCombs School will induct Robert B. Rowling, Ronald G. Steinhart and Sara Martinez Tucker into its prestigious Hall of Fame during a ceremony on November 11.
Learn more about the inductees and award.

Red McCombs to Honor American Visionary George Kozmetsky With UT Wind Ensemble
Red McCombs, the benefactor and namesake of the McCombs School of Business, will take to the stage in honor one of his greatest inspirations, the late business school dean Dr. George Kozmetsky. The musical tribute, featuring the UT Wind Ensemble, will be held at 8 p.m. Nov. 10 at Bates Recital Hall. The one-night-only performance, entitled “American Visionary,” features a short symphony composed by Dan Welcher, the Lee Hage Jamail Regents Professor in Fine Arts. McCombs will provide the voice for three narrations on the extraordinary life of Kozmetsky, written by international investment expert and Kozmetsky protégé Robert Kuhn.
Get the full story.

McCombs BBAs Record the Ups and Downs of Freshman Year
The voice of The University of Texas at Austin’s freshman class has been entrusted to six of this year’s incoming students. Ashley Denefield, BBA ’09, and Eman Winston, BBA ’09, both from Galveston County, were chosen from 3,000 applicants to write a series of online journals for Inside UT, chronicling their first year at the university. “I’ve always read the journals since they were first published,” Denefield said. “They helped me choose which school to go to and what student organizations to join.”

Winston, a high school super-achiever, writes in his first few journals about his realization that he should not measure his self-worth by the number of student organizations he joins. Denefield, who participated in McCombs Future Executive Academy for two summers during high school, takes readers through “The Freshman Focus”—her recipe for success for the first year—and how to balance a social life and academics.
Read the student journals.

McCombs’ Executive MBA Program Ranked No. 12 in the World
BusinessWeek’s 2005 ranking of the Best Executive MBA programs placed the McCombs School of Business in the No. 12 spot this year. Schools from around the world were ranked based on student satisfaction with curriculum, value and peers. “The ranking of our program is recognition of the strong commitment from our faculty, staff, alumni and students to deliver a first-class program which meets the needs of students working full-time,” said Larry Abeln, associate dean and director of Executive Education. “Our revised 2006 Executive MBA program curriculum and the new Executive Education Center will allow us to continue to effectively position the program in the marketplace in the future.” The Executive MBA program is ranked third among all public universities in the U.S.
See all of McCombs rankings.

Good Corporate Ethics Not Enough, Public Recognition Also Needed
Bob Bunting, chairman of the American Institute of Certified Public Accountants board of directors, wants the business world to “make the grade” ethically. To achieve this goal, he believes companies need to center their corporate philosophies around a pillar of strong values and make their good intentions known to the public. “Values and ethics are dangerous for anyone to talk about,” Bunting said during his Sept. 28 Lyceum Speaker Series talk. “With ethics you are assumed to be putting yourself out there as an expert, or as having led an ethically superior life.”
Get the full story.

McCombs’ Behavioral Scientist Analyzes Forensics Errors
In an analysis of DNA testing methods for crime investigations, McCombs Professor Jonathan Koehler and his colleague, Michael Saks, explain the faults of current forensic science. According to their study published in the August issue of Science, part of the problem is false testimony by forensic scientists and their unwillingness to admit the chance of errors in DNA. Koehler uses his experience as a behavioral scientist specializing in legal issues at McCombs to recommend subjecting crime labs to “blind testing,” where the results would be reported to the public. “Some people twist our words into saying we believe no forensic science should come into court,” Koehler said. “I don't believe that. I just believe that we’re far better off with forensic science that is real science.”
Find out more about Koehler’s controversial paper and learn more about faulty crime analysis.

Integrity Built on Willingness to Choose Long-Term Investment
If someone offered to give you a $25 Amazon.com gift card today or a $35 gift card in three days, which would you choose? At the Oct. 12 Lyceum Speaker Series, Sarah Teslik, CEO of the Certified Financial Planner Board of Standards, explained that preference for immediate rewards is simply human nature, but it is also responsible for some of the shortcomings in business.
Get the full story.

Idea to Product International Competition to be Held at UT Austin
On November 4 – 5, student teams representing leading universities from three continents will present their commercialization plans for early-stage technologies, including a solar water treatment system, a non-invasive colon cancer detection system, a rapidly deployable hardened shelter and a human-powered battery charger. The teams present their 10-minute plans to judging panels consisting of prominent faculty, business professionals, entrepreneurs, attorneys and venture capitalists. The teams compete for $25,000 in cash prizes and a chance to compete in the McCombs School hosted MootCorp® Competition. The I2P™ competition is hosted by the Murchison Chair of Free Enterprise of the College of Engineering in cooperation with the McCombs School of Business and the student Technology Entrepreneurship Society. For more information, visit http://www.ideatoproduct.org/int/.

We Want to Hear About You
Send your class notes for publication in Texas, the McCombs magazine. We want to hear about your promotion, new job or business, venture, relocation, honors, publications, marriage, new children or any new thing you have going on!
Email Cory Leahy.

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