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McCombs Monthly—MBA Edition Vol. 5, No. 3  April 2005 
 
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Upcoming Events

Governance Conference21st Century Governance for Early Stage Companies Conference

Upcoming Speakers at McCombs

Peter R. Coneway
Advisory Director, Goldman Sachs May 20, 2005
Announcement

William R. Johnson
Chairman and CEO, H. J. Heinz Company May 20, 2005
Announcement

Admiral Bobby R. Inman
Lyndon B. Johnson Centennial Chair in National Policy May 20, 2005
Announcement

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In This Newsletter


Alumni News

McCombs Launches Job Board
We invite you to participate in a new career tool—the McCombs Job Board. This web platform is designed to connect employers with McCombs alumni and students, creating a new opportunity to reach world-class talent from our BBA, MBA, MPA, PPA and Executive MBA programs.
Learn more about the McCombs Job Board.

Go to the McCombs Online Resources site today to update your profile, post or search jobs and expand your network to include current, former and future McCombs students.

McCombs & UT Austin Rank No. 1 as Source of New Fortune 1000 CEOs
While major corporations used to turn predominantly to Ivy League schools to shop for CEOs, recent trends tell a different story. Case in point: The University of Texas at Austin was the number one source of Fortune 1000 CEOs hired in 2004-2005.
Get the full story.

McCombs Alumna to Deliver University Commencement Address  
May 21, 2005, 8:00 PM, The University of Texas Tower
Sara Martinez Tucker, chief executive officer of the Hispanic Scholarship Fund (HSF), will deliver this year's University Commencement Address. Tucker has made an enormous difference in the lives of thousands of young people through her work at HSF. Tucker’s impressive personal story and her important work in education and beyond will make her an outstanding speaker for the spring commencement.
This ceremony is the culmination of commencement activities in the colleges, schools and departments across the campus, May 20-21.
Announcement

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On Campus

McCombs Team Wins Entrepreneur's Choice at Venture Capital Contest
Adding another trophy to the case in a strong year of competitions, a team of McCombs MBAs received the “Entrepreneur’s Choice” award at the annual Venture Capital Investment Competition at the University of North Carolina—and they even reported learning a lot along the way.
Get the full story.

The 21st CENTURY GOVERNANCE FOR EARLY STAGE COMPANIES CONFERENCE
What are Wall Street analysts and shareholders, as well as the NYSE and NASDAQ, looking for when they evaluate your company? Today, the list includes good corporate governance. This conference is designed to provide critical, practical, nuts and bolts information on corporate governance for the directors and CEOs of early stage companies – pre-ipo, and post-ipo companies, as well as privately held companies that plan to go public, or that simply want better governance. For more details visit the conference website at: http://www.ic2.org/corporategovernance/index.php

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In the News

U.S. News Ranks MBA No. 18, Exec MBA No. 12
U.S. News & World Report released their latest graduate school rankings Friday. The McCombs MBA placed No. 18 in the national survey, rising from No. 23 last year. The school earned top 20 rankings in all nine of U.S. News' business specialty areas. Only seven other schools accomplished that feat: Harvard, Indiana, Michigan, Northwestern, Stanford, and Wharton. The McCombs Option II executive MBA ranked No. 12 in a survey of educators at peer schools. The full-time MBA rankings are based 25% on quality assessments by deans and directors of accredited schools, 15% on quality assessments by corporate recruiters, 35% on placement statistics, and 25% on student selectivity statistics.
See the complete rankings at U.S. News (requires subscription) or e-mail the Communications Office for a spreadsheet with the rankings.

Maximize Value in Outsourcing
CIO.com, April 6, 2005

The past decade has seen the rapid growth of Business Process Outsourcing (BPO) as a driver for cost savings, productivity increases and competitive differentiation. Yet much remains to be understood about BPO. In this installment of "Higher Learning" from CIO magazine, four researchers at McCombs—Deepa Mani, Anitesh Barua, Prabhudev Konana and Andrew Whinston—draw on their research to explore ins and outs of how, when and why companies should pursue BPO relationships.
Read "Higher Learning" at CIO.com.

Changed Your Mind? Change Your Major: B-School Lets You Explore
BusinessWeek, April 2005

In the latest installment of her journal for BusinessWeek’s Best B-Schools site, Heather Densmore, MBA ’06, describes a recent epiphany: “[Marketing] was not going to satisfy my entrepreneurial spirit,” she writes. “I needed to follow my instincts and focus my studies in real estate finance.” The epiphany came during accounting class, a better time to realize you’re on the wrong path than, say, right after you accept a full-time position in brand management. Having time to explore, Denmore writes, is one of the best things about business school.
Read Heather's journal at BusinessWeek's Best B-Schools site.

Top MBA Programs Jump on MBA Youth Movement
BusinessWeek, April 2005

From Carnegie Mellon to Stanford, more top-ranked b-schools are “reaching out to graduating seniors, encouraging them to think about, and perhaps apply to, MBA programs.” The round-up of efforts at top schools included Jump Start at McCombs. While Jump Start was launched with corporate diversity needs in mind, the program will result in limited admissions of younger students, in keeping with trends across the country, as MBA Assistant Dean and Program Director Daniel Garza explained.
Read complete article from BusinessWeek.

Cash Flow & Manufacturing Drive Dell's Financial Strength, Says Schneider
By Sandie Taylor
Just about every company receives the occasional accolade, but when a firm is named America’s Most Admired Company by Fortune magazine, it must be doing many things right. James Schneider, senior vice president and CFO of Dell Inc., said the recent acknowledgement from Fortune will motivate Dell in its quest to become the world’s No. 1 PC provider.
Get the full story.

To Provide Best Customer Service, Put Customers Second, Says Southwest President
By Sandie Taylor
Over the past few years, rising oil prices and increased competition from upstart airlines like JetBlue have taken their toll on most major air carriers, but Southwest Airlines has not only been profitable but expanding. According to Colleen Barrett, Southwest’s president and CEO, the firm’s competitive strength is based on putting employees first and allowing them to provide service Texas-style—with warmth and spirit.
Get the full story.

Advice for Future Managers? Plan for Change, Says Huber
By Niti Dalal
In recent years, the growth of the Internet, advancements in communication technology, and a surge of scientific discoveries have made business increasingly complex. How will the pace of change affect corporate management—and the careers of students who want to become executives? George Huber, one of the McCombs School's most highly cited researchers and the author of "The Necessary Nature of Future Firms," shared some thoughts with students in the latest Faculty Research Speaker presentation.
Get the full story.

Recent Stories

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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.