McCombs School of Business

Deloitte Challenges MBA Students

Pulling an all-nighter is a common college experience for many students. Sponsoring an all-nighter is a little different.

Every year, global consulting firm Deloitte hosts the Deloitte Consulting Case Challenge. Teams of first-year MBA students voluntarily work strenuously through the night. The next morning—often not having slept for more than 24 hours and fueled by little but adrenaline and caffeine—students shine up their sunken eyes and present case scenario solutions in front of senior Deloitte staff and McCombs faculty.

Today, case competitions are held throughout the year. But when Deloitte approached McCombs 16 years ago offering to host a challenge, it was an innovative concept and the first of its kind at the school.

“The Deloitte Consulting Case Challenge exposes McCombs students to realistic consulting career situations and the intellectual challenges of helping clients solve their most complex business problems,” says Tony Forcrum, Deloitte’s national managing director for performance excellence. “At the same time, our judges and other involved Deloitte practitioners have the opportunity to observe the consulting and presentation skills of the students and their ability to think on their feet,” he says.

This year, 16 teams of four to five members exercised those quick-thinking skills during the challenge. Participants met at 5 p.m. to learn about a case problem from Deloitte partners and were then set loose to research, develop solutions and prepare a presentation.

The students reconvened around 8 a.m. the following day to deliver the presentations. Judges met to discuss their top four choices; those teams presented again, and the top three received prizes. The whole process, though grueling, is also quite rewarding for participants.

“You are presenting in front of senior management at Deloitte, and it is an eye-opening experience,” says Shveta Pillai, MBA ’08 and a member of the 2006 winning team. “Everything you thought you were good at becomes everything you need to work on.”

The challenge gives participants exposure to the realities of the consulting industry, a résumé-enhancing opportunity, valuable feedback and a team-building experience. What’s more, it offers participants a chance to network with Deloitte professionals—contacts that often pay off for students who later intern with or are hired by the company.

“The consulting challenge was the only time I have ever stayed up all night and had it pay off the following afternoon,” says Lyndsey Thornett, MBA ’08 and a member of the 2006 winning team. She will intern with Deloitte this summer in McLean, Va.

For more information on corporate giving and involvement in student initiatives, please contact Carolyn Miles, director of corporate relationship management, at 512-475-8176 or carolyn.miles@mccombs.utexas.edu.

Pricewaterhouse-Coopers Launches
Endowed Excellence Fund


In December, PricewaterhouseCoopers launched an employee giving campaign to benefit the Accounting Department. The international accounting and consulting firm will match employee contributions to the fund on a one-to-one basis. The fund qualifies for the McCombs Matching Gift Program as well, assuring PricewaterhouseCoopers employees that their donations will create a lasting legacy for the Accounting Department.

Support from this fund will benefit students, faculty and programs in the Accounting Department. Examples include a summer camp to expose disadvantaged high school students to careers in accounting, student scholarships, research support for faculty, an academic conference and a speaker series.

“We could not be a top program without the opportunity to offer our faculty and students programs and support, which are only possible through private contributions to the department,” says Ross Jennings, department chair.

For more information on endowments, contact Sandy White, director of individual giving and endowments, at 512-475-8179 or sandy.white @mccombs.utexas.edu.

Pricewaterhouse-Coopers Launches
Endowed Excellence Fund


ExxonMobil employees now have the opportunity to make a huge impact on the McCombs School of Business through the ExxonMobil Employees Excellence Fund, an endowment formed by a combination of employee giving and corporate matches. The endowment will support students, faculty and programs.

The endowment is unique in that ExxonMobil provides a three-to-one match on all employee contributions. Additionally, the endowment qualifies for the McCombs Matching Gift Program, made possible by Red McCombs’ commitment to the school’s future. The combination of these two matches leverages an individual donation by a factor of eight.

“ExxonMobil has a long history of supporting the university, and the fund we set up really builds on that history. McCombs graduates can maximize their individual contributions and maintain their relationship with the university,” says ExxonMobil Regional Controller David Middlebrooks, MBA ’80 and one of the endowments’ key organizers.

For more information on creating an endowment, contact Sandy White, director of individual giving and endowments, at 512-475-8179 or sandy.white @mccombs.utexas.edu.
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