|
In This Newsletter
Alumni News
It’s Summertime! Summer Receptions Coming Soon
Our Alumni Chapter Leaders are working on planning our annual
Summer Welcome Receptions, a great gathering of incoming students,
current students and alumni in major cities. Most of the
receptions will be happening in July around the world.
For up-to-date details, check the Alumni Calendar of Events.Kelleher Encourages Class of 2004 BBA Graduates to Take Leadership
“Either Bianca Jagger or Calvin Coolidge—I get them mixed up
because they’re both skinny—used to say that the business of
business is business,” Herb Kelleher told undergraduates during
the the McCombs School's May 21 commencement ceremony. The
well-known chairman and co-founder of Southwest Airlines offered a
revision of the axiom: “The business of business is people.”
Get the full story.
Plan for Early Cancer Detection Wins Global
MOOT CORP®
With a promise to make “early cancer detection a reality for
millions,” EANeedle of Carnegie Mellon University won the 21st
annual MOOT CORP® international business plan competition at The
University of Texas at Austin May 8. The Carnegie Mellon MBA
students defeated 29 other teams based on their plan for a
minimally invasive biopsy procedure targeting detection of breast
and lung cancers.
Get the full story.
Mammogram Technology Takes First Place in Idea to Product
Competition
Most of us, however accomplished we may consider ourselves to be,
have yet to devise a smaller antenna or smarter PDA. Yet
tech-savvy student entrepreneurs at The University of Texas at
Austin have done just that. Those technologies were two of the
contenders in this year’s Idea to Product™ Competition (I2P).
Get the full story.
Industry Overview:
Consulting Firms Come Back to Campus, Students Revisit the
Industry
(Editor's note: this story, prepared for prospective MBA students
earlier this spring, offers an industry overview of consulting
based on interviews with national experts, McCombs alumni and
recruiters. Similar overviews on marketing, finance, information
technology and accounting will follow this summer and fall.)
Five
short years ago, MBAs fresh out of school were commanding hefty
salaries from whatever consulting firms they were interested in.
The job offer–to-student ratio was running in the students' favor,
and everyone was giddy with the possibilities. Then the recession
of 2001 struck the industry like a hammer. Jobs began to vanish.
Offers started to thin out. But today, things are changing again.
A consulting rebound seems to be in the works, although few can
tell how big it will be or how fast it is coming.
Get the full story.
More McCombs News
In the News
Legendary Investor Hicks Announces Plans for
Retirement from HMTF
By James Politi, Financial Times
In a statement released yesterday, investor Tom Hicks announced
that he will be resigning in March 2005 from the chairmanship of
Hicks, Muse, Tate & Furst, the private equity group he founded 15
years ago. "He's been a trailblazer," George Gau, dean of the
McCombs School of Business, told James Politi of the Financial
Times. "This is someone with a great record in finding firms that
need to be restructured, made profitable and resold for a profit."
See complete story at FT.com (requires
subscription).
A Delicate Balance: Wall Street Journal profiles McCombs Plus
Program's ethics game
By Scott McCartney, The Wall Street Journal
With threats of terrorism swirling around their plant in
Indonesia, the young executives of InfoMaster Ltd. had to choose
between production and protection. They chose production, and soon
after, a bomb at the plant killed 350 workers. Luckily, both
InfoMaster and the terrorist attack were fictitious, part of an
elaborate game created by the University of Texas at Austin's
McCombs School of Business. While the Sim City for business
appeared to be about the bottom line, the real intent was to teach
students about handling the delicate balance of business and
ethics.
Read complete article from The Wall Street Journal (requires
subscription).
Contact the communications office if you have trouble accessing a
copy.
Press Mentions
Alumni Career Services
Job seeking Alumni: Join the "Jobs Newsletter." We will
send postings and job leads forwarded by alumni. To subscribe to
the newsletter, visit our
MBA
Alumni Networking page, go to Update Your Profile, select
"Email Distribution Lists" and "Jobs Newsletter."
Forward open positions or job leads to the Ford Career
Center: Whether you are the hiring manager or simply know of a
job opportunity, send it to
AlumniJobPostings@mccombs.utexas.edu.
Want to Unsubscribe?
To remove yourself from the list, go to "Email Distribution Lists" in your
Online
Alumni Profile. Unclick "Alumni Information". Save your changes.
Send comments to
mbaalumni@mccombs.utexas.edu.
McCombs Monthly—MBA Edition is a product of the McCombs MBA Alumni Network for all MBA
Alumni from the McCombs School of Business at The University of Texas at Austin.
We respect your privacy and will not share email addresses with outside parties.
McCombs Monthly—MBA Edition is a product of the McCombs School of
Business at The University of Texas at Austin, Copyright © 2003. All rights
reserved. We respect your privacy and will not share email addresses with
outside parties.
|
