Brochure
Brochure
Brochure
Learning Environment
McCombs Facilities . . . . . . . . . . . . . . . . . 6
The University of Texas . . . . . . . . . . . . . . 8
Academics in Practice
Curriculum and Specializations . . . . . . . 10
The Plus Program . . . . . . . . . . . . . . . . . . 14
Global Opportunities . . . . . . . . . . . . . . . 16
Guiding Principles
Hands-on Learning . . . . . . . . . . . . . . . . 18
Teamwork . . . . . . . . . . . . . . . . . . . . . . . . 23
Ethics . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Diversity . . . . . . . . . . . . . . . . . . . . . . . . . 25
McCombs Community
Austin . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Faculty . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Leaders . . . . . . . . . . . . . . . . . . . . . . . . . . 30
Students . . . . . . . . . . . . . . . . . . . . . . . . . 33
Careers
Career Services . . . . . . . . . . . . . . . . . . . . 36
Recruiters . . . . . . . . . . . . . . . . . . . . . . . . 38
Jobs and Internships . . . . . . . . . . . . . . . 40
Alumni Networking . . . . . . . . . . . . . . . 42
How to Apply
Admissions . . . . . . . . . . . . . . . . . . . . . . 43
Costs
Program Expenses . . . . . . . . . . . . . . . . . 47
WHO WE ARE
INNOVATIVE FINANCE SPECIALIZATIONS THE PLUS PROGRAM, an innovative MOOT CORP®, the original and most PARTNERSHIPS WITH BUSINESS through A CULTURE OF TEAMWORK AND
in private equity, energy finance, series of mid-semester seminars lucrative student business plan sixteen research centers and a wide INITIATIVE,with nearly 40 vigorous
corporate finance and real estate don’t focusing on communication, competition in the world assembly of distinguished guest student organizations
just track changes in industry, they leadership, teamwork, and the art of speakers AUSTIN, a thriving business center
An ever-expanding NETWORK OF
anticipate them. business in the real world that’s also a great place to live
ALUMNI, stretching from New York DIVERSITY, with a #1 ranking for
THE MBA INVESTMENT FUND, L.L.C., THE CUSTOMER INSIGHT PROGRAM, and San Francisco to São Paolo and Hispanic business students and a
the first legally constituted, private housed in our marketing department, Shanghai commitment to the future of business
investment company managed entirely teaches students to use customer leaders from all walks of life
by students knowledge and technology to drive
value creating business processes.
E D U C AT I O N for L E A D E R S | 1
G e o r g e W. G a u
2 | McCOMBS MBA 2004-2005
a C U L T U R E of S U C C E S S
A truly remarkable collection of individuals, our
incoming MBA class includes a classical violinist, an It’s no surprise that, with such eclectic backgrounds, our students envi-
sion success very differently. That’s why McCombs graduates have done
engineer responsible for repairs on the Hubble Space
everything from heading corporate energy giants to producing the Austin
Telescope, and the liaison to former Speaker of the City Limits Music Festival. But regardless of how our graduates define their
House Newt Gingrich. We have a selection of teach- future, the McCombs experience provides the tools and resources to put
their most sought-after professional ambitions within their grasp: a world-
ers and artists and enough finance professionals to
renowned faculty, a relevant curriculum, exceptional hands-on experienc-
run a $13 million investment fund (which we do). es, a collaborative atmosphere, and countless opportunities to build on
leadership skills. It is an environment that encourages students to follow
their passions and gives them the resources to become successful leaders
throughout their careers.
A Clear Path
KIM GOODWIN, MBA ’87 Chief Investment Officer-Equities, State Street Research
Few people are as in touch with the world of in- “I credit my education at the McCombs School with my success in
vestment and financial services as Kim Goodwin. the investment business,” says Kim. “While I was senior vice presi-
Among her long list of industry credentials are dent and senior portfolio manager at American Century Growth, it
senior executive positions at American Cen- was awarded a 5-star rating from the Morningstar for the trailing
tury Investment, Putnam Investments, Pru- 3-year period.”
dential Investments, Mellon Bank, and Kim makes frequent appearances in the financial press, and has
State Street Research, where she now been featured in Time Magazine, USA Today, Investment News, and
serves as Chief Investment Officer of Barron’s. Additionally, she can be found on CNBC’s “Morning Call,”
Equities (one of the country’s old- “Market Watch,” “Business Center,” and “Closing Bell,” and is a regu-
est investment management firms). lar panelist on “Louis Rukeyser’s Wall Street.”
E D U C AT I O N for L E A D E R S | 3
A New Direction
TONY ROGERS, BBA ‘90, MBA ’97, Director of Marketing for Tostitos, Fritos, and dips, Frito-Lay
After earning his BBA at Texas and working for KPMG and are very intelligent, very creative, but also very grounded.
Brinker International, Tony Rogers decided to return to Mc- I think there are fewer prima donnas and more people
Combs to make a change. “I worked in accounting and fi- who are willing to just roll up their
nance, and while they were great jobs and great companies, I sleeves and get the job done. At
remember looking over the wall so many times and seeing the Frito-Lay we need folks that are
marketing guys having so much fun, and I thought, you know, willing to get in and be very entre-
that job would suit me.” preneurial and do whatever it takes
Tony found a good fit in marketing, landing a position to get the job done, even if it’s
with Frito-Lay as an associate product manager for Tostitos. outside the traditional definition of
Today, Tony is director of marketing for Tostitos, Fritos, and their job. We find that kind of stu-
dips, and until recently led Frito-Lay’s efforts to recruit Mc- dent at McCombs.”
Combs’ marketing grads. Says Rogers, “McCombs students
A Global Perspective
RYAN POLLOCK, MBA ’04
For a student like Ryan Pollock, MBA ’04, the global experi- Global Business Association. He also led forty classmates
ence is nothing new. He was born and raised in South Africa, to South Africa for Plus Global, the branch of the Plus
educated at both the University of Cape Town and Oxford, and Program that gives McCombs students an opportunity to
spent several years working for an investment management learn about life and business in another country.
group in London before making the move to Texas. Ryan recently recruited several of his classmates
It’s unsurprising, given the extent of his travels, that Ryan to help him launch Starfish Charity USA, an organi-
takes a hard line on the importance of global business to the zation that helps South African children orphaned
curriculum of any business school. “Modern business is unmis- by HIV/AIDS. This is in keeping with the Mc-
takably global,” he argues. “Understanding the complexities Combs ethos as he sees it. Ryan says, “In
and opportunities this poses the modern manager should be a my experience, people in the McCombs
critical learning objective for any MBA. McCombs offers that.” program are outstanding people, with
To that end, Ryan serves as the academic co-chair of the intellect and integrity.”
4 | McCOMBS MBA 2004-2005
Creating
Finding Opportunity
the Right Fit DAISY ORTIZ, MBA ’95 Vice President, Marketing
EDUARDO SOTO, MBA ’04 and Sourcing, Bank of America
When Eduardo Soto was researching MBA pro- Daisy Ortiz, a New York City native, began her career
grams, he wanted a school with strong programs at JP Morgan & Co. on the foreign exchange trading
in marketing and information technology; how- desk on Wall Street. But these days, after receiving her
ever, his decision to choose McCombs ultimately McCombs MBA and holding exciting positions at 3M,
came down to a more subjective criterion. He says, Harrah’s Casino, and Ford Motor Company, Daisy
“McCombs was the best fit for my personality.” can be found in Charlotte, North Carolina where she
Eduardo describes the prototypical McCombs MBA works as the vice president of marketing and sourcing
as “a laidback, loyal, friendly, solid kind of person, for Bank of America. Says Daisy, “Getting an MBA at
not pretentious, not cutthroat—but hard-working, Texas changed my life. The McCombs MBA differen-
talented, and competitive.” A perfect fit for Edu- tiated me because Texas is known for the influence
ardo, whose people-oriented personality has led high-tech start-ups have on the program. It gave me
him to become president of the Hispanic Graduate the management tools and skills to always be ready
Business Association (HGBA). for ‘change,’ be flexible, and above all, to always look
One of the primary goals of the HGBA, 135 for opportunities that enhance my skills. It opened
members strong, is to facilitate recruitment of doors I never thought possible.”
McCombs MBAs to Latin America. Eduardo esti- Along her journey, she developed a special com-
mates they’ve made twenty contacts with the in- mitment to the advancement of young
ternational offices of big-league companies such Hispanics through the National
as Coca-Cola, Procter & Gamble, and Pfizer—and Society of Hispanic MBAs
they’re all interested in hiring MBAs. For his part, (NSHMBA). She is the co-
Eduardo will accept an offer from Johnson & John- founder and president of
son in Mexico City. After completing their training the organization’s Detroit
program, he will be a brand manager in the phar- Chapter. In recognition
maceutical department—a path he’s prepared for of her efforts, Minority
after his summer internship with Pfizer. MBA Magazine named
Eduardo, however, is in no rush to end his Mc- her one of the “Next
Combs experience. “I’ve loved it,” he says, with a Generation of Minority
laugh. “I would stay one more year if I could!” Business Leaders.”
E D U C AT I O N for L E A D E R S | 5
A Sa m p l e o f D i s t i n g u i s h e d Gr a duates
Jim Mulva, MBA 1969 Gary Crum, MBA 1972 Tim Arnoult, MBA 1976 Bryan Stolle, MBA 1987 Bill Gurley, MBA 1993
President & CEO Co-Founder & Retired CEO Executive, Technology & Chairman & CEO General Partner
ConocoPhillips AIM Capital Management Operations Agile Software Benchmark Capital
Bank of America
Kenneth Jastrow, MBA 1971 Don Evans, MBA 1973 Osvaldo Setuain, MBA 1988 Shane Brisbin, MBA 1994
Chairman & CEO Secretary of Commerce Michael Lynch, MBA 1976 President & General Manager Managing Director
Temple-Inland, Inc. U.S. Department of Commerce Managing Director AOL Argentina Smith Barney
Goldman Sachs
Allan Hirst, MBA 1979 Robert Graham, MBA 1973 Satish Mansukhani, MBA 1991 Amelia Miller, MBA 1994
President Co-Founder & Chairman Elaine Agather, MBA 1979 Director & Head of MBS Strategy Owner & Operator
Citibank, Russia AIM Management Group Chairman & CEO Bear, Stearns and Company Amy’s Ice Creams, Inc.
Chase Bank, Dallas
Ellen Keszler, MBA 1987 Darrell Swank, MBA 1990 John Wilder, MBA 1994
President Gerard Arpey, MBA 1982 CFO President & CEO
Travelocity Business Chairman, President & CEO Purina Mills, Inc. TXU Corp.
American Airlines
McCOMBS MBA PROGRAM RANKINGS
LEARNING at a
#3 Management Information Systems
#8 Entrepreneurship
#12 Marketing
#13 Quantitative Analysis
#13 Productions/Operations
Management
A three-building complex of 350,000 square feet, the
#16
#16
Finance
Supply Chain/Logistics
Education houses classrooms, offices, research centers
#17 International Business features a three-story Carpenter Family MBA Leadership Center
#18 Management
#23 Overall atrium and cafeteria, a Created strictly for McCombs MBAs, the Carpenter Center,
made possible by a $1 million donation from the Ben H. Car-
Wall Street Journal 2003
#3 Accounting
state-of-the-art multi- penter family, is an expansive student lounge and leadership
center complete with the latest office equipment, communica-
#3 Most Nominated for Recruiting
Minorities
media service center, and tions infrastructure, and computer technology. The center cen-
tralizes MBA student organizations, houses a “business center”-
#3
#5
Information Technology
Favorite School of Technology
one of the best corporate style workroom, encompasses numerous small study rooms,
#9
Recruiters
Entrepreneurship
interviewing centers in and boasts a conference room and lounge, providing students
with an on-campus haven away from the classroom.
#13 Worldwide
the country. Our students
Business Week 2002 Technology Infrastructure: McCombs Unwired
#21 Overall also enjoy updated cohort rooms, the The McCombs community enjoys networking capabilities,
Carpenter Family MBA Lounge and Lead- servers, and IT resources that are nothing short of state-of-
Financial Times 2004
Top 10 Salaries in Consulting the-art. While all MBAs are required to own notebook com-
ership Center, and suit lockers and chang- puters, 300 workstations are also available for student use in
Top 10 Salaries in Industry
Top 10 for Entrepreneurship ing rooms for on-campus recruiting. the buildings’ laboratories. The MBA Leadership Center and
Lounge offers a high-tech conference room and both wired
Hispanic Business 2003
and wireless network access. Nine group study rooms are
#1 Best Graduate Business School
for Hispanics equipped with electronic whiteboards, speaker phones, and
network connections. Our always expanding wireless network
Business 2.0 2003
will soon stretch to a renovated outdoor plaza, providing the
Top 25 Talent Hunter’s Guide to Business
Schools freedom and flexibility for study groups, team meetings, and
group presentations that characterize the intense collabora-
America Economia 2003
tion of the McCombs MBA program.
#13 Latin Americans Searching for MBAs
LEARNING ENVIRONMENT | 7
S M A R T E R PA C E
McCombs School’s Kozmetsky Center for Business
and computer laboratories. The main building
Ford Career Center EDS Financial Trading and Technology Center
More than 500 corporate recruiters come to the UT campus This three-room complex consists of a multi-media classroom
each year to interview our MBAs. They come for the students, equipped with real-time data feeds from Bloomberg, Bridge,
but they also love our Ford Career Center, a board-room qual- and Reuters, and a conference room and trading room used
ity interviewing suite comprised of 43 beautifully designed by the graduate finance students who run the MBA Invest-
interview rooms and a recruiter lounge and work area fully ment Fund, one of the few private investment funds wholly
equipped with phones, fax machines, and data ports. Im- managed by students. The trading room, housed in the AIM
mediately outside the facility, a bank of changing rooms and Investment Center, is a replica of a Wall Street trading room
suit lockers make preparation for interviews hassle-free for with the hardware, software, and data feeds that enable the
students. Fund managers to research companies in a realistic environ-
ment using the same information services relied upon by
Cohort Rooms their New York counterparts.
McCombs students take their core courses in some of the
most technologically sophisticated classrooms in the coun- The Reliant Productivity Center and AIM Reading Room
try. All student seats have power and network access to enable A technology-enhanced study area utilized predominantly
the usage of laptops during lectures. An audiophile speaker by MBAs, the Reliant Productivity Center has 246 seats wired
system allows for superior sound during presentations. And with 100MB switched Ethernet ports and electrical power.
the front of each room is equipped with two full-size, side- This facility, open seven days a week, provides students with
by-side projection screens that allow for simultaneous use of individual workspaces and group areas to work on team proj-
computer and overhead projectors. ects. And, for those looking to escape the hum of group study
and the beeps of laptops, the neighboring AIM Reading Room
provides a quiet alcove to delve into the latest case study.
8 | McCOMBS MBA 2004-2005
the U N I V E R S I T Y of T E X A S at AUSTIN
Though prominent in its own right, the McCombs School benefits further from its association with
The University of Texas at Austin, the largest single-campus university in the nation. For more than
120 years, UT Austin has been the educational powerhouse of the Southwest. The campus is com-
prised of 16 schools and colleges that rank largely among the top 20 in the country. The Univer-
sity annually awards more doctoral degrees than any other U.S. institution. Internationally distin-
guished graduate programs include the McCombs School of Business, the College of Engineering,
the School of Law, the LBJ School of Public Affairs, the College of Communication, the School of
Architecture, the School of Information Studies, and the Institute of Latin American Studies.
LEARNING ENVIRONMENT | 9
UT l i b r a r i e s , with more than 36 million manuscripts, one million rare books, five
million photographs, and 100,000 works of art and design, including the Gutenberg
FACTS Bible (c. 1450), the world’s first photograph (c. 1826), and the
UT is ranked a m o n g
the top
five U.S. campuses
in terms of performance arts facilities.
Texas is ranked “ B e s t
Overall Athletics
P r o g r a m i n t h e C o u n t r y, ”
Sports Illustrated 2002.
10 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
THE CORE
A LASTING FOUNDATION
The McCombs core curriculum prepares students to lead, build, and Our goal is to give all MBAs the same grounding in the
fundamentals of business and to endow them with general
manage enterprises that create value for stakeholders and constituen-
management competence. Through the core, the faculty
cies in a dynamic, global economy. The hallmarks of the McCombs MBA seeks to instill these essential business skills and values:
M A R K E T- D R I V E N S P E C I A L I Z AT I O N S
D E F I N I N G Y O U R PAT H
AREAS OF SPECIALIZ AT I O N
While there are no majors for McCombs MBAs, a student may choose to concentrate in an
academic discipline, such as marketing or finance, by taking at least 15 hours of elective course-
ACCOUNTING
Financial Reporting & Control work within that concentration. Students may also choose a specialization, which is a specifical-
FINANCE
ly planned set of courses. Our market-driven specializations are designed to position graduates
Corporate Finance, Investments for outstanding employment prospects. About half of our students choose to tailor their course
& Financial Services
of study to follow a specific concentration or specialization. While optional, a concentration can
Real Estate Finance
Private Equity Finance offer an advantage in today’s challenging workplace.
Energy Finance
E L E C T I V E S : TA I L O R I N G Y O U R M B A
IN A WORLD OF OPTIONS
McCombs offers a wide array of electives for MBA students. This variety provides a flexible curriculum
that allows students to tailor their education. Below is a representative list of electives:
(Left to right): A student-led Plus project presents to a Hedge Fund on Wall Street; Plus Global Study Tour participants visit Shanghai;
MBAs work the room at a “Pitch Party,” competing for best elevator pitch; student prepares for the sales showcase.
marketing personnel in action, find out what demic excellence. That’s why we created McCombs Plus – a professional devel-
their immediate concerns are and how they opment program that lets MBAs build a bridge from the world of academics to
obtain information about the competition. the real world of business. The program takes students outside of the classroom,
We helped them validate, and in some allowing them to reconnect with the world of work and take advantage of ex-
instances, disprove some of their assumptions ecutive-level leadership coaching. Plus workshops let students improve their ex-
about their retail competitors’ merchandising, ecutive presence and demonstrate initiative, collaboration, and integrity. A Plus
pricing, and promotional tactics.” academy explores career interests and builds job related skills. A Plus project can
Anastasia Cardozo, MBA ’05 connect to an internship – or even a dream job.
P l u s G l o b a l : C o u r s e s a n d B u s i n e s s Tr i p s A b r o a d
“I can sum up my trip experience as In the spring, McCombs offers a limited number of students the opportunity
follows: wonderful, perfectly executed, to truly globalize their MBA. “Plus Global” combines six weeks of class with a
life-changing. Thanks again for all your two-week business trip during the Plus period. Guest speakers, case studies, and
amazing efforts on our behalf.” international-business projects prepare students for the Plus Global business trip
William Sprauer, MBA ’04, India Trip where they meet with local and multinational companies, connect with Mc-
Combs alumni, and collaborate on projects with MBAs from a partner school in
the region.
HUMAN
A C A D E M I C S i n P R A C T I C E | 15
THE
ganizations, students participate in intensive seminars like
“The Art of Sales and Persuasion,” and “Big Picture Busi-
ness” and sets of learning activities with a common theme,
called academies. Academy topics change as student inter-
ART S
ests evolve and have included new technology, film and TV
BUSINESS STUDENTS
production, managing a professional sports team, doing
business in Mexico, and operating a restaurant.
STEP OUT OF THE
Plus projects give student teams a chance to explore
CLASSROOM FOR
career possibilities, perform community service, or con-
LEADERSHIP SKILLS
nect with people who are important to their future plans.
AND PRACTICAL
Students might create a brand strategy for the Ford Escape
EXPERIENCE
hybrid SUV, analyze product innovation in the malt bever-
OF BUSINESS
age industry, survey the tech
community in Austin, or “I have been fortunate enough to
strategize how the Hispanic be exposed to industries and ideas
Scholarship Fund can gen-
that I never would have had an
W hen four MBA students took their first kickbox- face of graduate business education. Business schools typi- erate non-restricted operat-
ing class last semester, they could honestly say cally take students out of the working world and put them ing cash. The possibilities opportunity to see. The program
they were sweating for the cause. The students were work- in the classroom to hone their analytical and problem-solv- are endless. And students has allowed me to take great
ing with Power Kickbox, an Austin-based small business, ing skills. Plus takes them out of the classroom and puts themselves lead the projects,
to help the owner set up her financial systems and position them back in the world. defining a topic they’re pas-
strides in bettering myself, both
her company in the market. They’d learned that to really “Every business school has this challenge,” says Dr. sionate about, recruiting personally and professionally.”
help a business, you need to understand the business from Steven Tomlinson. “The traditional academic curriculum team members, and engag-
Ryan Nelson, MBA ’04
the inside out. In this case, it started with a punch. gives students excellent tools; but effective leadership re- ing the people, companies,
This type of direct business experience is a key element quires skills, habits and attitudes that are fundamentally or institutions who will partner with the team.
of Plus, a new program at McCombs that is changing the ‘extra-academic.’ How can we help our MBAs become In the final semester, the Plus Program organizes trips
more powerful communicators and more effective collabo- to South America, Germany and Central Europe, China,
rators? How can we help them sharpen their ethical reason- and Southeast Asia where students spend two weeks visit-
ing skills and gain global perspective?” ing companies, meeting with government officials, doing
Those extra-academic skills may be the very reason new market research, and representing American businesses in-
graduates find a job, especially in a tight economy. A Wall terested in connecting with foreign markets.
Street Journal/Harris Interactive survey found that the Practical, experiential, and interactive, Plus helps Mc-
most important attributes recruiters seek in business school Combs students gain a broad perspective of business and
graduates are “communication and interpersonal skills” become adept at the “soft” skills our recruiters say are so
and “the ability to work well within a team.” important to achieving success on the job.
With Plus, professional development does not stand
outside the business school curriculum. It is central to it. By Vivé Griffith, edited and reprinted with
permission. Texas—The McCombs School of Business
Magazine, Spring/Summer 2003.
A group prepares its presentation for
Photos by Marsha Miller.
the Showcase Challenge.
16 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
change and double-degree programs, the Spanish Language Track, and All McCombs MBA students will have the opportunity to par-
ticipate in the McCombs’ unique Plus Global Study Tour and
the Plus Global study tours and practicums.
Practicum in their second year. They’ll gain in-depth knowl-
edge on how to conduct business in various international
“The McCombs double-degree program offered me
regions. A semester-long program that combines a two-week
a unique opportunity to not only differentiate my
study tour to a region of interest, in-class lectures and work-
international experience from other executives but even
shops, and a global business-related practicum, Plus Global
to differentiate myself among MBA peers. After immersing
equips students with practical global management skills.
for a full year in Brazil, studying and interning through
Fundação Getulio Vargas, a University of Texas partner
P L US GLOBAL DESTINATIONS 2005
school in São Paolo, I can readily demonstrate proven
global credentials—operating within business, cultural, CHINA INDIA
CHILE/ARGENTINA
SOUTH AFRICA
F O R INTERNATIONAL STUDENTS
WASHINGTON D.C.
student with an interest in the area has plenty of opportuni- with the opportunity to gain Spanish language proficiency as Manchester Business School
Manchester, UK
ties for cross-cultural experiences. part of their MBA. Students choose from an array of courses,
McGill University
options, and activities that assist in achieving individual goals Montreal, Canada
CIBER-McCombs for Spanish proficiency. Through a sequence of courses and Melbourne Business School
Victoria, Australia
UT’s Center for International Business Education and Research activities students learn to communicate comfortably in nor-
National University of Singapore
(CIBER) offers students the resources of a central, nationally- mal business and academic situations, and at the same time, Singapore
funded research center for promoting international business gain an understanding of economic structures and business Pontificia Universidad Católica
practices of Spanish-speaking countries. Santiago, Chile
Rotterdam School of Management
I N T E R N AT I O N A L S T U D E N T R E P R E S E N TAT I O N T O P 1 0 C O U N T R I E S Rotterdam, Netherlands
The University of St. Gallen
CHINA INDIA THAILAND JAPAN PERU St. Gallen, Switzerland
Warwick Business School
Coventry, UK
KOREA ARGENTINA BRAZIL MEXICO VENEZUELA
WHU Koblenz-Otto Beisheim
Graduate School of Management
Koblenz, Germany
18 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
HANDS-ON LEARNING
Hands-on experiences complement, extend, and continually refine the curriculum.
MBAs have an array of opportunities for hands-on learning—from independent studies
to research projects with our business partners. Students initiate
some of the best experiences, like the Graduate Consulting Group, an organization that intro-
duces McCombs MBAs to globally recognized management and technology consultancies. It
makes sense that recruiters routinely tell us our graduates are ready to work from day one—
their experience shows. CHALLENGES INCLUDE:
International Challenge
MOOT CORP® Whether you’re serious about launching a of start-ups to profitability, including Isochron Data and the
new venture or just want to understand all the steps it takes InfoGlide Corporation. Marketing Challenge
to get there, the MOOT CORP new venture competition is National Real Estate Finance Challenge
a great place to start. Since UT is home to the competition, Academic Challenges While annual case competitions and Deloitte Consulting Challenge
students can take a MOOT CORP class and participate in the other academic challenges may appear to be mere simula- Finance Challenge
preliminary round of competition. What began as a small, tions, they provide valuable practice and exposure. The stu- Information Management Association/
local and purely academic competition in 1984 has become dents who participate get a crash course that teaches team- Excellence in Operations Challenge
an exciting forum that showcases the most promising new work, how to survive in high-pressure work environments,
businesses coming out of top-tier business schools around and highly-evolved presentation skills. Getting a chance to
the world. Winners of the competition earn $100,000 in seed hob-nob with the competition judges—executives from top-
funding and a year’s office space and overhead costs in the tier companies—is just icing on the cake.
Austin Technology Incubator (ATI). ATI has nurtured dozens
N AT I O N A L R E A L E S TAT E F I N A N C E C A S E C H A L L E N G E
W
M A R K E T I N G A N D C U S T O M E R S T R AT E G Y ith an annual revenue of roughly One reason for the relationship between
$10 billion and annual profits of Frito-Lay and McCombs is simple geogra-
Offered by the Center for Customer Insight, a market-ori- over $2 billion, Frito-Lay North America phy—being a Texas company, Frito-Lay
ented research center unique to McCombs, the Customer boasts a commanding sixty percent of the has had good luck attracting and retaining
salty-snack market in the United States. McCombs MBAs. Other foundations of
Strategy program offers MBA students a 360-degree view of
To accomplish this, Frito-Lay uses five bil- the relationship include the ability of the
the strategic, organizational, informational, logistical, and
lion pounds of potatoes and one billion Frito-Lay Company to prioritize personal
financial factors that drive successful business relationships pounds of corn each year. creative development, while maintaining
and lead to customer satisfaction, market share, and profits. Such numbers would catch anyone’s a corporate culture that prizes teamwork
eye, but they are of special interest to Mc- and consensus-building—an attractive
For our corporate partners, the program also serves as a
Combs MBAs, as the school has strong ties feature to graduates of a school that is of-
proving ground for potential new employees.
to the Texas-based company. Around 20 ten cited as an example of how a competi-
percent of the members of the marketing tive spirit is not mutually exclusive with
The Internship The Customer Strategy program consists of two parts: a summer
team at Frito-Lay North America’s head- an ability to work well with others.
internship followed by a specialized case-based course. During the summer follow-
quarters in Plano are McCombs graduates,
ing the first year, Customer Strategy students participate in a 12-week internship
with one of the sponsoring companies: Dell, Frito-Lay, or Motorola. These intern- making it a welcoming environment for
ships are cross-functional and expose the students to a wide variety of projects the many McCombs students that find
that are both challenging and rewarding. Some areas where Customer Strategy themselves taking part in the practicums
interns have added value are supply chain analysis, marketing, customer business and internships offered by the company
development, logistics, corporate finance, budgeting, and business planning. Each each year.
of the internship projects has a true impact on the company’s business, and the In recent years, the flow of McCombs
Customer Strategy students’ recommendations are often implemented within the
graduates to Frito-Lay has accelerated, and
following year. As an added advantage, Customer Strategy interns gain exposure
the company is now among the top ten
to top-level managers of the company through such events as organized break-
recruiters of McCombs MBAs. “In the last
fasts, special lunches, happy hours, and team sports.
five years or so, we’ve really started to get
a sense of a McCombs community,” says
The Class In the fall of the second year, the Customer Strategy course exposes
students to a learning environment that brings together students, faculty, and ex- Brian Graham, a senior product manager,
ecutives in discussions about relevant corporate challenges and problems facing to- who has been at Frito-Lay since earning his
day’s industries. Each week, executives from Dell, Frito-Lay, and Motorola bring live MBA in 1998. “It’s a real testament to the
Brian Graham, MBA ‘98,
cases—real and current business problems—to the Customer Strategy classroom. program and to the people we’ve hired.”
Senior Product Manager, Frito-Lay.
22 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
G U I D I N G P R I N C I P L E S | 23
Collaborating Is A Way Of Life For Mccombs Students As highlighted in the Wall Street Journal ar-
ticle, “A Delicate Balance,” the fall installment
Students spend their first year in cohorts (groups of about 70), “One of the main reasons I chose UT was the culture of the
of the McCombs MBA Plus program caps
taking the same classes across the core disciplines. The co- students in the MBA program. My experiences here have off with the Executive Challenge, an intense
horts are created with diversity in mind, drawing on the com- confirmed that initial impression. I have never seen such a three-day simulation of corporate life and
plementary cultural, professional, and social backgrounds of group of smart, collaborative, and friendly professionals as I leadership in which participants confront the
each incoming class. have in the McCombs School of Business. The students here complex challenges that arise in the course of
running a multinational operation.
An integral part of the first-year experience is assignment make the learning experience more productive and fun through
to project teams within the cohorts. These teams, usually five their great work ethic and collegial attitudes.” The challenge puts students in teams of
students, bring together a wealth of talent and experience Brenda S. Haroian, MBA ’04 thirty, each with their own managers, direc-
across numerous industries, economies, and nationalities. tors, and executives, who must work together
in order to face down a complex
Our students are encouraged to take full advantage of this
barrage of challenges from rivers
opportunity to share experiences, support each other, expand projects are taking place 24 hours a day. McCombs
contaminated with toxic PCBs to
the team’s capabilities, and extend this important future pro- MBAs all use laptops running on a common operating terrorist threats.
fessional network. environment modeled on the highest corporate stan-
As students decide how to
On a technical level, virtually anywhere within the Mc- dards. Our students don’t have to worry about connec-
face these challenges, they
Combs School, students can connect via wireless or Ethernet tivity or software compatibility—they just plug in and are simultaneously intro-
to a virtual learning environment where discussions and team get on with the business of working together. ducing new product lines,
maintaining old ones, and
DIVERSITY
cha n g i n g t h e f a c e
of business
The McCombs School offers a welcoming environment
for people from all backgrounds—a value confirmed
by numerous recognitions, such as being named
the number one business school in the countr y for Hispanics
(according to Hispanic Business magazine) for the last three years. The Forté Foundation
Through small study groups, school-sponsored activities, and stu- McCombs is a founding member of the Forté Foundation—a na-
dent organizations, McCombs MBAs are encouraged to explore tional non-profit organization designed to increase the number
and exchange their diverse experiences. Active organizations of women business owners and business leaders. We have joined
such as the Black Graduate Business Association, the Consortium other educational institutions, businesses, and non-profit groups
Fellows Business Association, and Graduate Women in Business to build awareness of business education among young women,
call attention to the diversity of the class and promote the trans- to increase the number of women entering business, and to sup-
formation of the traditional corporate landscape. port the careers of women through business networks.
The Consortium For Graduate Study In Management #1 for Hispanic Business Students
The McCombs School is an 19-year member of the Consortium In September 2003, when Hispanic Business completed its latest
for Graduate Study in Management (CGSM)—a thirteen-univer- ranking of the best graduate business schools for Hispanics, Mc-
sity alliance that seeks to increase the number of minorities in Combs ranked #1 for the third time in a row. Said editors, “The
MBA programs and managerial positions. CGSM recruits African McCombs School of Business offers a welcoming environment
Americans, Hispanics, and Native Americans for merit-based fel- for people from all backgrounds.” The magazine singled out the
lowships. Each candidate admitted to a Consortium MBA pro- school’s extensive academic and professional support network,
gram competes for a full-tuition fellowship. ties to Latin America, and it’s reputation with employers as a
great resource for Hispanic professionals. The article also noted
McCombs encouragement of organizations like the Hispanic
To find out more:
Graduate Business Association, the Consortium Fellows Business
mba.mccombs.utexas.edu/diversity
Association, and its participation in the conference for the Na-
tional Society of Hispanic MBAs.
“As a Rhode Island native, my first time in Austin was
A U S T I N
when I visited McCombs. I immediately fell in love
with the city and knew it would be a great place to
spend two years. It offers all of the advantages of
a big city: culture, nightlife, museums, great food,
and, of course, live music—with the beauty of a small
Austin used to be the big surprise awaiting
town: lakes, state parks, and hiking and biking trails.”
Mandy Forry, MBA ’05 but even long-time residents are
AUSTIN HAS:
BUSINESS PEOPLE OUTDOORS ARTS & CULTURE
Dell, Motorola, IBM, AMD, National 680,000 residents 172 city parks Professional symphony, ballet, and
Instruments, Tivoli, Samsung, Applied opera companies
1,300,000 metro area 30 miles of urban hike-and-bike trails
Materials, 3M
along scenic Town Lake and Barton More than 35 art galleries and
Ranks third in the country for net
3.1% Job Growth (Forbes 2003) Springs museums
migration, at 2.7% per year (Forbes
5.8% Income Growth (Forbes 2003) 2003) 9 wilderness areas 1,200 musical acts annually
#3 city for patenting activity (Forbes #5 most educated metro area in the 26 golf courses 120 live music venues
2003) U.S. (Forbes 2003)
150-mile long chain of lakes South by Southwest annual music,
#5 city for initial public offerings per film and interactive festival
11,800 acres of greenbelt for
$10 billion of gross metro product
recreation
(Forbes 2003)
300 annual days of sunshine
Mild winter climate and year-round
outdoor recreation
North America’s largest urban bat
Red’s Runners, a student organization, enjoy population—1.5 million Mexican
the hike and bike trail on a weekend morning. free-tail bats
M c C O M B S C O M M U N I T Y | 27
AUSTIN IS:
#1 Best City For Singles, Forbes (2003) #4 Best City For Women, Ladies Home Journal (2002)
#2 Best City For Job Growth, Forbes (2003) #4 Safest Big City, Morgan Quitno’s 10th Annual Safest/Most Dangerous
City Awards (2003)
#2 Best People in “America’s Favorite Cities,” Travel+Leisure (2004)
#4 Friendliest People in “America’s Favorite Cities,” Travel+Leisure (2004)
#2 Educational Attainment, University of Wisconsin (2003)
#4 Hottest Job Market, Business 2.0 (2004)
#3 Best Place for Businesses and Careers, Forbes (2004)
#5 Cleanliness “America’s Favorite Cities,” Travel+Leisure (2004)
#3 City for Hispanics, Hispanic Magazine (2003)
Top 5 Best Bets Entrepreneurial Activity, Entrepreneur (2003)
#3 Best City for Mountain Bikers, MountainBike.com (2002)
Named American Capital of Culture, American Capital of Culture (2004)
#3 Best Looking People in “America’s Favorite Cities,” Travel+Leisure (2004)
28 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
“I still
“I still relyrely
on on
thethe skills
skills I learned
I learned from
from terrific
terrific professors
professors in running
in running mymy venture
venture fund
fund
today—a
today—a $500 million
$500 million fund focused
fund focused on investments
on investments in early
in the early stage
stage technology
technology companies.”
companies.”
Jim Jim Armstrong,
Armstrong, MBAMBA
’96,’96, Managing
Managing Director,
Director, Clearstone
Clearstone Venture
Venture Partners,
Partners,
Forbes
Forbes 2003
2003 “Midas
“Midas List”
List” of of Tech’s
Tech’s TopTop Venture
Venture Investors.
investors
I learned so much more than just accounting in his class—it was a great
foundation for future classes!” Caren Williams, MBA ’04
M c C O M B S FA C U LT Y: T H O U G H T L E A D E R S
When McCombs MBAs describe their favorite aspects of the school, they often cite the quality
and accessibility of the faculty. They are a dynamic, interactive group of knowledge leaders who
rank eighth nationally in terms of research impact. Yes, UT Austin is a research university, but
Stephen Magee, Finance
that doesn’t mean that teaching comes second. Stephen P. James L. Bayless/Enstar Corporation
Chair in Business Administration
Because successful researchers know more about their fields tants’ 2002 Teacher of the Year, and Michael Granof, one of
than anyone else, they tend to be the best synthesizers of the nation’s leading voices on accounting reform.
knowledge for students, and that means new knowledge Other premier scholars and teachers at McCombs in-
reaches McCombs MBAs more quickly than most business clude Sheridan Titman, one of the country’s most frequent-
students. This strength is evident in every discipline. The ly cited finance researchers; Robert Prentice, a nationally
faculty will challenge you to consider the business core renowned expert on securities law; James Westphal, whose
Sheridan Titman, Finance
from new perspectives, and you will benefit from your ac- work in corporate governance and management in the last Walter W. McAllister Centennial Chair in
cess to the first-hand knowledge they are able to share. decade has spurred the greatest increase in academic cita- Financial Services
The Department of Management Science and Infor- tions for any single scholar in the entire field of econom-
mation Systems hosts world-renowned leaders like Andrew ics and business; John Doggett and James Nolen, anchors
Whinston and Anitesh Barua, pioneers in the Internet of the popular entrepreneurship curriculum and two of the
economy. Accounting, which the Public Accounting Report most highly rated teachers on campus; and Julie Irwin, who
has ranked the number one graduate program for ten years is one of the prolific scholars in marketing who have helped
in a row, boasts many national leaders, including William make the department the number two research program in
John N. Doggett, Entrepreneurship
Kinney, the American Institute of Certified Public Accoun- the nation according to the Journal of Marketing Education. Senior Research Fellow, IC2
30 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
ACCESS to LEADERS
The McCombs School views business not just as the customer for our graduates, but as a full
partner in their education. By bringing students into direct contact with corporate leaders
involved in the most pressing concerns of to-
day’s business, McCombs MBAs uncover the
truest sense of what it means to push into the
frontiers of business knowledge.
RECENT SPEAKERS
AT McCOMBS
Dan Austin, vice president, Dow Jones, Michael Dell, chairman, Dell Computers Rex Tillerson, Sr. Vice President, ExxonMobil
Bryce, author, Pipe Dreams; Greed, Ego, and the Death of Enron; Michael Dell, chairman, Dell Computers; Marian Wright Edelman, founder & president, Children’s Defense Fund;
James Flores, chairman & CEO, PXP; Seth Goldman, president and TeaEO, Honest Tea; Bill Gurley, partner, Benchmark Capital; Tom Hicks, chairman, Hicks, Muse, Tate & Furst; Gerry
Hunsicker, general manager, Houston Astros; William Johnson, president and CEO, the H.J. Heinz Company; Herb Kelleher, chairman, founder and former CEO, Southwest Airlines;
James W. Keyes, president and CEO, 7-Eleven; Gary Kusin, president and CEO, Kinko’s; Reginald Van Lee, SVP of Booz Allen Hamilton, New York; Scott A. Lewis, vice president, Merrill
Lynch Investment Banking Division; Joe Liemandt, CEO, Trilogy Software; Dr. Richard Lindsey, president, Bear, Stearns Securities; Red McCombs, entrepreneur, school patron, owner,
Minnesota Vikings; Bob McTeer, president, Dallas Federal Reserve Bank; David Moross, chairman and CEO, Falconhead Capital; Jim Mulva, chairman and CEO, ConocoPhillips; Jim
Quigley, CEO, Deloitte; Ross Perot, Jr., chairman, Hillwood Development Corporation; Kevin Rollins, president and COO, Dell Computers; Charles Stanford, Jr., retired chairman and
CEO, Bankers Trust; David Steinberger, president of HarperCollins Publishers Adult Trade Group; Todd Stitzer, CEO, Dr. Pepper/Seven-Up Companies; Rex Tillerson, Sr. Vice President,
“After four years in the cold weather of Chicago, McCombs was like an oasis! It had the best of
everything...great friends, intellectual growth, and fantastic weather. My husband and I have
strong connections with McCombs even though we live in Minneapolis. Business trips allow
us to keep in touch with our classmates around the country, and serving on General Mills’
recruiting team is a great excuse to return to Austin.”
Carla Vernon, MBA ’95, Marketing Manager, General Mills
McCombs provides many opportunities for our students to tailor their MBA experience. Student organizations open the
doors to relationships, leadership, professional growth, increased understanding, and just plain fun. With so many differ-
ent organizations to choose from, it’s easy to find your niche at McCombs. To find out more: www.mccombs.utexas.edu/students/
Women in Business
Leadership Conference
The 2004 Women in Business Leadership Conference at McCombs
some of the issues and challenges that still affect women who pursue
graduate degrees and careers in business.
Jane Burruss, VP of the AYCO Co., L.P.; and Wanda Bunkers, VP Human
“It is through my activities that I have grown the most in this program. My experience leading the Women in Business Leadership Conference
has provided a daily opportunity to apply lessons learned in the classroom. Some ideas work; some don’t, but I can go back to the classroom
equipped with a new set of questions. It has been so refreshing to be in an environment where my gender really does not matter. Faculty,
students; in the classroom, in small groups; I am respected for my contributions in thought and in action.”
Melissa Evers-Hood, MBA ’03, Former Chairman, Women in Business Leadership Conference (WBLC), 2002-2003
M c C O M B S C O M M U N I T Y | 35
McCombs MBA Student Organizations “SAS helped welcome our family into the Longhorn
Armed Forces Alumni Association Austin Power Black Graduate Business Association community. The demanding MBA schedule makes
(BGBA) Brazilian American Business Group Central Charity Challenge China Business it essential that spouses have a support network;
Association CI.org (Customer Insight) Consortium Fellows Business Association Digital SAS has provided that for us. Through SAS, our
Entertainment MBA Association E-Business Club Energy Finance Group Entrepreneur family has been able to participate in the McCombs
Society Excellence in Operations Global Business Association Graduate Business Coun- community. We have formed foundations of
cil (GBC) Graduate Business Wine Club Graduate Women in Business (GWIB) Gradu- friendships that will last a lifetime.” Ty Bricker and
ate Circle Graduate Connections Graduate Consulting Group Graduate Finance Asso- Jude Bricker, MBA ’04, VPs of SAS, Little Longhorns
ciation Graduate Marketing Network Graduate Real Estate Society Hispanic Graduate
Business Association (HGBA) Indian Graduate Business Association Information Man-
agement Association (IMA) International MBA Student Organization (IMBASA) Jewish
MBA Organization MBA Christian Fellowship (MBACF) MBA Golf Association (MBAGA)
MBA Hedge Fund Organization MBA Investment Fund MBA Outsource (GLGBN) MBA
Rugby Club MBA Soccer Club Mexican Business Association Net Impact (Students for
Responsible Business) Quality Management Consortia (QMC) Red’s Runners Sports and
Entertainment Management Association Student and Significant Other Network Texas
Business Weekly Venture Capital Fellows
36 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
I N T E R N AT I O N A L DOMESTIC
BY FUNCTION
Function Average Salary % of Accepts
BY REGION
concepts learned in my finance classes, and EMPLOYER PANELS Each year, MBA Career Services brings select company representa-
the experience obtained in my internship, in tives to campus to talk about MBA career options.
combination with hard work preparing my WORKSHOPS on a wide variety of career-related subjects from self-assessment to case
interviewing.
interviews, and I got a great job in finance
and business analysis after graduation.” PEER ADVISORS are 2nd year students who were selected, interviewed, and trained
by the MBA Career Services to assist 1st years in key areas like resume and cover letter
Rodrigo Perez, MBA ’03, Business Analysis Manager, review, general advising strategy, and videotaping mock interviews.
Celanese Chemicals
THE INTERNATIONAL TASK FORCE assists with marketing and outreach to both inter-
national students and employers.
38 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
ABBOTT LABORATORIES ACCENTURE ADJOINED TECHNOLOGIES ADVANCED ENERGY A.T. KEARNEY ADVANCED MICRODEVICES ADVANCED SOLUTIONS AIM FUNDS AIR LIQUIDE ALCOA FUJIKURA LTD. THE ALEXANDER GROU
SURANCE AMERICO RETIREMENT SERVICES AMERICREDIT CORPORATION AMICA MUTUAL INSURANCE AMVESCAP ANADARKO PETROLEUM ANHEUSER-BUSCH APACHE CORPORATION APPLIED MATERIALS AQUILA ENERGY ARC
E CORPORATION BANK UNITED BARRINGTON CONSULTING BASF B.D.O. SEIDMAN THE BEACON GROUP LLC. BEAULIEU OF AMERICA BEAR STEARNS & CO. INC. BERNSTEIN PHALON AND CONKLIN BERTLSMANN BLACK & D
NSULTING BROADJUMP BURLINGTON NORTHERN SANTA FE RAILROAD BUSINESS SOFTWARE ASSOCIATES CALPINE CORP. CAMBRIDGE ASSOCIATES CAMBRIDGE INCUBATOR CAMPBELL SOUP COMPANY CAP GEMINI ERNST
STEMS CENSUS BUREAU CENTRAL INTELLIGENCE AGENCY CHARLES SCHWAB CHEVRON TEXACO CHUBB INSURANCE CIBC WORLD MARKETS CINTAS CORPORATION CISCO SYSTEMS CITGROUP CITICARDS CITIGATE CUNNI
MPUTER SCIENCES CORPORATION CONAGRA CONOCO CONSOLODATED GRAPHICS CONTEXT INTGRATION CONTINENTAL AIRLINES COOPER INDUSTRIES CORAL ENERGY CORDIS CORP. COX & LORD COX COMMUNICATI
COTIISERHARD INC. DEER & CO. DEFENSE CONTRACT AUDIT AGENCY U.S. GOVERNMENT DELL DELOITTE & TOUCHE DELOITTE CONSULTING DELPHI AUTOMOTIVE SYSTEMS DELTA AIRLINES DELUXE CORPORATION DENTS
BERTSON AND LAMME DYNAMIC DETAILS DYNEGY E&J GALLO WINERIES EDS EDWARD JONES EL PASO CORP. ELI LILLY EMERGENT TECHNOLOGIES ENFINITE MEDIA ENTERCON INTERNATIONAL ENTERGY ENTERPRISE RENT-
LLAS FINANCIAL MANAGEMENT CAREER PROGRAM USA FIREMAN’S FUND INSURANCE FIRST AMERICAN BANK TEXAS SSB FIRST SOUTHWEST COMPANY FIRST UNION SECURITIES FISHER SCIENTIFIC FMC CORPORATION FO
E SOFTWARE GROWTH CAPITAL PARTNERS INC. GTE DIRECTORIES GUARANTY BANK HALL KININON HALLIBURTON HAMMES COMPANY HANKE GREEN & STEIN PC THE HARBOR GROUP THE HAY GROUP H.E.B. HEALTH MA
IOTT INC. HUMANSCALE I2 TECHNOLOGIES IBM IBM CONSULTING INFORMATICA CORPORATION INFORMATION RESOURCES INFOSYS TECHNOLOGIES ING BARINGS INTEGRATED INFORMATION SYSTEMS INTEL CORPORA
HNSON PROFESSIONAL COMPANIES JP MORGAN CHASE & CO. KIMBERLY-CLARK KINZAN.COM KLA TENCOR KOLES DEPARTMENT STORES KPMG CONSULTING KRAFT FOODS-OSCAR MAYER DIVISION KURT SALMON ASSOCIAT
ARATHON OIL COMPANY MARRIOTT INTERNATIONAL MARSH INSURANCE BROKERAGE MASS MUTUAL MAXIM GROUP MCGEE WHEELER & COMPANY MCKINSEY & CO. MEDIAPLUS THE MEDLEH GROUP MERCK-MEDCO MER
SOCIATION NATIONAL INSTRUMENTS NATIONAL MBA SOURCE NATIONAL OILWELL CREDIT NATURAL DATA NAVIGANT CONSULTING INC. NCH CORP. NEIMAN MARCUS NESTLE USA NETWORK ASSOCIATES NEW ENGLAND
CIDENTAL CHEMICAL OLDE DISCOUNT CORPORATION PACCAR PG & E ENERGY TRADING PEABODY ENERGY PEACE CORPS. PENNZOIL-QUAKER STATE PEPPERS & ROGERS/MARKETING 1TO1 PERRIER GROUP PETRIE PARKMAN
NSULTING THE PRINCIPAL FINANCIAL GROUP THE PROCTER & GAMBLE COMPANY PROLOGIS PROVIDIA NFINANCIAL PRUDENTIAL CAPITAL GROUP PRUDENTIAL SECURITIES PUBLIC CONSULTING GROUP PULTE HOMES OF T
ERGY REVENEW INTERNATIONAL REXTON INTERACTIVE THE RICHARDS GROUP THE ROBINSON-HUMPHREY COMPANY LLC ROYCE HOMES LP. RUSH ENTERPRISES RYAN & COMPANY RYDER SYSTEMS INC. SABRE INC. SANDERS
ICON LABORATORIES SILICON VALLEY BANK SIMMONS & CO. INTERNATIONAL SMITH BREEDEN ASSOCIATES SOFTWARE ARCHITECTS INC. SOLUTIA INC. SOURCENET SOLUTIONS SOUTHERN UNION GAS CO. SOUTHTRUST B
NK STONEBRIDGE TECHNOLOGIES SUMMIT PROPERTIES SUN MICROSYSTEMS SWS SECURITIES GROUP INC. SYSCO FOOD SERVICE TACTICA TECHNOLOGY GROUP TANGLEWOOD CORPORATION TARGET TAYLORED SYSTEM
OLI IBM TMP WORLDWIDE TOWERS PERRIN TOYS-R-US TRAMMELL CROW TRICON GLOBAL RESTAURANTS TRIDENT INSURANCE TRILOGY TRIQUINT SEMICONDUCTOR TRW INC. TUCKER ALAN INC. TURNER BROADCASTING
C A R E E R S | 39
#
13
MBA Overall Worldwide
5 #
Favorite School of
3
Te c h n o l o g y R e c r u i t e r s
# for Accounting
#
9
for Entrepreneurship #
3
Most Nominated for
Recruiting Minorities
#
3
f o r I n f o r m a t i o n Te c h n o l o g y
UP ALLEGIANCE HEALTHCARE CORP. AMERICAN AIRLINES AMERICAN CENTURY INVESTMENTS AMERICAN EXPRESS FINANCIAL ADVISORS AMERICAN GENERAL CORPORATION AMERICAN MANAGEMENT SYSTEMS AMERICAN N
CON GROUP ARGO DATA RESOURCE CORP. ARTHUR D. LITTLE ASHLAND DISTRIBUTION AND SPECIALTY CHEMICAL CO. AUTODESK AVANTUS GROUP AXA ADVISORS BAIN & CO. BANC OF AMERICA SECURITIES BANK OF AMER
DECKER BLOCKBUSTER BLUEBELL CREAMERIES B.M.C. SOFTWARE BOEHRINGER INGELHEIM BOOZ ALLEN & HAMILTON BOSTON CONSULTING GROUP BP AMERICA BRANNFORBES BRAUN CONSULTING BRISTOL MYERS SQU
T & YOUNG LLP THE CAPITAL GROUP CAPITAL ONE CAPITAL SECURITY FINANCIAL SERVICES CARGILL CARLSON CAPITAL L.P. CARREKER CARTER WALLACE CATAPULT SYSTEMS C.B. RICHARD ELLIS CCI MANUFACTURING CD3
INGHAM CITIGROUP CORPORATE AND INVESTMENT BANK CLINICALWEB.COM CMS ENERGY COASTAL CORPORATION COBANK COCA-COLA COCA-COLA FOUNTAIN COMERICA BANK COMMERCIAL SERVICES COMPAQ CO
IONS INC. CREDIT SUISSE FIRST BOSTON CORPORATION THE CROSSROADS GROUP CROW HOLDINGS CUNNINGHAM COMMUNICATIONS CUTTER & BUCK D. HILTON ASSOCIATES DAYMON ASSOCIATES INC. DECKER & AS
SPLY INTERNATIONAL DEUTSCHE BANK DHL WORLDWIDE DIAMONDCLUSTER INTERNATIONAL DILLON CORPORATE SERVICES DOW CHEMICAL COMPANY DOW JONES & CO. DRW INVESTMENTS DUPONT FLOORING SYSTE
-A-CAR EQUIS CORPORATION EQUIVA SERVICES ERICSSON INC. ETHOS GROUP EXXONMOBIL CORPORATION FACT SETRE SEARCH SYSTEM INC. FAYEZ SAROFIM & CO. FCM INVESTMENTS FEDERAL EXPRESS FEDERAL RESERVE
ORD MOTOR COMPANY FREIGHTWISE INC. FROST SECURITIES FTI CONSULTING GA SULLIVAN THE GAP INC. THE GARTNER GROUP GATEWAY COMPUTERS GENERAL MILLS GENUITY GRANT GREAT-WESTLIFE GREENHILL & C
ANAGEMENT ASSOCIATES HEALIX HEWITT ASSOCIATES HEWLETT PACKARD HILTI INC. HINES HONEYWELL INC. HOAK BREEDLOVE WESNESKI & CO. HOULIHAN LOKEY HOWARD & ZUKIN HOUSTON PRESS HOWARD FRAZIE
ATION INELLIMARK INTERNAL REVENUE SERVICE INTERNATIONAL PAPER ITU VENTURES JC PENNY. JC BRADFORD JD EDWARDS JEFFERIES & COMPANY INC. JOHNSON & JOHNSON JOHNSON & JOHNSON INTERNATIONAL JO
TES LABATT FOOD SERVICE LAM RESEARCH LEHMAN BROTHERS LEIF JOHNSON FORD LIBERTY MUTUAL LOCKHEED MARTIN LOS ALAMOS NATIONAL LABORATORY LOUIS DREYFUS CORP. LUMINANT WORLDWIDE MANULIFE F
RRILL LYNCH METLIFE METASOLV SOFTWARE MICROSOFT MILLER BREWING COMPANY THE MINUTEMAID COMPANY MIRANT MORGAN KEEGAN MORGAN STANLEY MOTOROLA NASA JOHNSON SPACECENTER NATIONAL BA
D FINANCIAL NEWELL RUBBERMAID NEWS AMERICA MARKETING NISSAN NORTEL NORTHERN TRUST BANK NORTHROP GRUMMAN NORTHWESTERN MUTUAL FINANCIAL NETWORK NORWEST FINANCIAL NOVELL NULL-LAI
& CO. PFIZER INC. PFSWEB PHILIP MORRIS PHILLIPS PETROLEUM CO. PHOENIX HOMELIFE PINNACLE SOLUTIONS INC. PITTIGLIO RABIN TODD & MCGRATH PRELUDE SYSTEMS PRICEWATERHOUSECOOPERS PRICEWATERHOUSE
TEXAS LP. Q INVESTMENTS L.P. QUINSTREET QUAKER OATS QUORUM BUSINESS SOLUTIONS RAYMOND JAMES & ASSOCIATES RAYTHEON SYSTEMS R.B.C. DAIN RAUSCHER REAL NETWORKS RELIANCE STANDARD INSURANC
S MORRIS HARRIS AND BROTHERS SAPIENT SATURN CORPORATION SCORE SENSE CORP. SG COWEN SECURITIES CORP. SHELL OIL COMPANY SHOWTIME NETWORKS INC. SIBSON & COMPANY SIECOR SIEMENS ENERGY & AUT
BANK N.A. SOUTHWEST AIRLINES SOUTHWEST BANK OF TEXAS SOUTHWESTERN BELL SPEAR LEEDS AND KELLOGG STANDARD & POOR’S STANLEY WORKS STAPLES INC. STATE FARM INSURANCE STEELCASE STEPHENS INC.
MS TEACHER RETIREMENT SYSTEMS TEJAS SECURITIES GROUP INC. TEK SYSTEMS TEMPLE-INLAND INC. TENET HEALTH SYSTEMS TEXAS INSTRUMENTS THE THOMSON CORPORATION TIDEWATER INC. TITAN TECHNOLOGY P
G TXU TYSON FOODS UBS WARBURG UNITED CAPITAL UNIVERSITY DIRECTORIES UNUMPROVIDENT US BANK US GENERAL ACCOUNTING OFFICE US WEST USAA VALOR TELECOMMUNICATONS VAN KAMPEN VELOCITY ELEC
A SAMPLING OF JOBS HELD
B Y 2 0 0 4 G R A D U AT E S
A G R A D U AT E P E R S P E C T I V E
Kimberly-Clark Corporation Strategic Alliance Analyst A L o o k Fo r ward: Life And
American Airlines Financial Analyst
Gartner Group Senior Consultant
Ca re e r s A f t e r M c C o m b s
Intel Corporation Senior Financial Analyst
DARRIN EARL JODI ELLIS
FedEx Services Senior Marketing Analyst l Senior Marketing Analyst, FedEx Services Category Manager, PepsiCo
Booz, Allen & Hamilton Associate M e m p h i s , Te n n e s s e e D a l l a s , Te xas
DuPont Marketing Specialist
My first post-MBA position will be as a senior market- As a career switcher with an undergraduate degree in
Guggenheim Partners Vice President l
Goldman Sachs Associate ing analyst with the Customer Management Analytics finance, I was very excited about accepting a marketing
Dell Computer Software Brand Manager group of FedEx Services, part of the FedEx corporate position at Pepsi-Cola. As a category manager, I’ve been
Dell Computer Operations Manager given the responsibility of driving Pepsi-Cola’s volume
office. Our task is to support and work with deci-
PepsiCo Category Manager l
sion makers in the FedEx operating companies—like and profitability at two major retail chains by designing
General Mills Senior Financial Analyst
Miller Brewing Company Manager - Business Analysis Express, Ground, and Freight—as well as the corpo- programs and promotions in the Pepsi beverage cat-
Procter & Gamble Assistant Brand Manager rate office to help quantify and justify their strategies. egory. For me, the attraction of the position comes from
Pfizer Marketing Manager being given so much responsibility and performance
There are four separate groups in analytics, nearly all
General Mills Associate Marketing Manager
with MBAs or other advanced degrees. Not only will accountability immediately after graduating. I also have
Johnson & Johnson Senior Analyst l
Johnson & Johnson Brand Manager this be a great place to hone a new skill set, but also a the good fortune of being able to work cross-function-
Black & Decker Product Manager great entry into a excellent company. ally with a variety of groups, which will equip me for
Bain Consultant further career progression down the road.
HOLLY GOODRICH
Microsoft Product Manager Vice President, Guggenheim Partners
GE Company Marketing Leadership Program N e w Yo r k , N e w Yo r k CARLOS SORIA
Senior Analyst, Johnson & Johnson
Merrill Lynch Associate
The Guggenheim name represents a worldwide tradi- P i s c a t a w a y, New Jersey
ExxonMobil Business Analyst
tion of innovation and achievement in business, phi- After spending my summer internship at Health Care
lanthropy, education and the arts. This legacy is carried Systems (HSC), the logistics arm for several of J&J’s
forward by Guggenheim Partners, a private wealth medical device divisions, I was so impressed by the
management firm, where I’ll be working as Vice Presi- working environment, interesting projects, and ad-
dent, Private Funds Group upon graduation. Owned by vancement opportunities that I happily accepted their
the Guggenheim family and a small group of founding offer for full-time employment. As part of their logis-
partners, our firm provides investment advisory and tics strategy group, I’ll have the opportunity to work
asset management services to our partners and select on projects including supply chain initiatives, inven-
clients involving $70 billion of traditional and alterna- tory management and logistics improvement. And
tive assets. As vice president, my primary responsibili- not only will HCS be an excellent career opportunity
ties will involve marketing and business development for me, but the New Jersey area will also provide my
of the funds group where I’ll be working closely with wife with an excellent location to pursue her career in
senior management to plan, organize, implement, and public health.
maintain all of the group’s client services and market-
ing-related activities.
C A R E E R S | 41
»
THEN great classes, meaningful inter nships...
ALUMNI NETWORK
With more than 1 5,000 graduate business alumni in
leadership positions around the world, our students enter
“Getting my MBA at UT was the best career a net work of exceptional contacts.
decision I’ve made. Upon graduation, I was
recruited to work for American Express in The experiences McCombs students enjoy during their two years in Austin foster life-long ties
New York City, where I found I was well
with classmates, alumni, and the school. After graduation, alumni stay connected to the Mc-
prepared to manage in a Fortune 500
company. I’m still in New York, now leading
Combs community by attending local chapter events across the country and around the world,
the $140 million e-commerce business for assisting with MBA recruiting, and participating in class reunions. In addition to the strong
J.Crew. Because of my experience at UT, I
chapters where alumni exchange ideas, socialize, and refresh their skills, the McCombs MBA
was able to establish myself as a leader
early in my career. Alumni Network provides a vital communications link by keeping friends and classmates in
Dave Towers, MBA ’95, Vice President, touch as their careers move forward. CHAPTER LOCATIONS: DOMESTIC
E-commerce Operations, J.Crew
SEATTLE NEW YORK CITY
WHAT WE DO
BOSTON
The McCombs MBA Alumni Network seeks to: CHICAGO
Deliver Value: Deliver value to students, alumni, the MBA pro- AUSTIN
SAN ANTONIO
gram, the McCombs School, and the business community.
HOUSTON
SANTIAGO, CHILE
BUENOS AIRES, ARGENTINA
H O W t o A P P L Y | 43
Suggested submission dates are: Combs and to the career goals as stated in the essays. Test Scores
Applicants with significant work experience prior to the UT Austin’s GMAT and TOEFL school code is 6882.
November 1: Suggested early submission for all
bachelor’s degree are welcome to apply to the program,
applicants
but they should carefully explain in the essays the circum- G M AT
February 1: Final date for all international applicants stances and nature of the work involved. Due to the vol- All applicants must submit official Graduate Management
ume of queries, we cannot evaluate work experience prior Admissions Test (GMAT) scores through ETS. While Mc-
April 15: Final date for domestic applicants
to application, nor do we review a prospective applicant’s Combs has no minimum score, GMATs are an important
Characteristics Of A Strong Application credentials in order to provide feedback on the likelihood component of each application. Candidates should pur-
The admissions committee carefully considers each com- of admission. sue this component aggressively, seeking the best possible
pleted application, with particular attention to personal score before they apply. Applicants are encouraged to take
essays, work history, post MBA goals, undergraduate per- U N D E R G R A D U AT E A N D P R E V I O U S G R A D U AT E E X P E R I E N C E the GMAT as early as possible to avoid processing delays.
formance, letters of recommendation, extracurricular and The McCombs School has no mandatory minimum grade Applications are not considered complete-and cannot be
community activities, honors and achievements, and test point average. For admission purposes, the University evaluated-until official GMAT scores have arrived at UT. If
scores. Personal characteristics that add to the diversity calculates a G.P.A. using undergraduate, upper-division an applicant takes the GMAT more than once, McCombs
of the class may also be considered, such as country of (junior- and senior-level) coursework, and any graduate will only consider the highest score and does not average
citizenship, gender, family background, multi-lingual work already completed. McCombs does not require prior GMATs. GMAT scores are valid for five years. The GRE can-
skills, race, ethnicity, and socioeconomic history. Strong coursework in management or business administration. The not substitute for the GMAT.
applications convey careful research on McCombs and ranking and reputation of the applicant’s undergraduate in-
To register for the GMAT, contact ETS at:
enthusiasm for the program. All of these components are stitution may be taken into consideration, as will extracur-
considered holistically; no specific weight is assigned to ricular involvement during one’s undergraduate experience Educational Testing Service
any criterion, and no formulas are used. and civic and community service since graduation. GMAT
P.O. Box 6103
L E T T E R S O F R E C O M M E N D AT I O N Princeton, NJ 08541-6103 USA
P E R S O N A L E S S AY S
References should be professional in nature and should (609) 771-7330 (TEL)
Essays are a critical means of assessing an applicant’s rea-
speak to the applicant’s professional work, qualities, ca- (609) 771-7714 (TTY)
sons and motivation for attending the McCombs School
reer potential, and potential to succeed in the classroom. www.mba.com
of Business, background and interests, communication
skills, and presentation skills. Recommenders should know the applicant personally
T O E F L ( F O R I N T E R N AT I O N A L A P P L I C A N T S )
and be familiar with his/her work history, credentials, and
Applicants whose native language is not English must take
WORK EXPERIENCE
career aspirations.
the Test of English as a Foreign Language (TOEFL) and
MBA applicants must have a minimum of two years full- have their scores submitted directly from ETS to UT Aus-
time, post-baccalaureate work experience. The admissions SERVICE, ACTIVITIES, AND RECOGNITION
tin. Although the McCombs MBA has no minimum score,
committee is especially interested in the quality of profes- Public, community, or military service, travel experiences,
we recommend a score of at least 260 on the computer-
sional skills as evidenced in level of responsibility and chal- extracurricular activities, hobbies or special aptitudes, and
based TOEFL (620 on the paper-based). Applicants will be
lenge, leadership, promotion, supervision, and teamwork. any honors or recognition received are all important in-
granted an automatic TOEFL waiver if they have earned
The committee also considers the relevance of these skills dicators of an applicant’s motivation and character. The
an undergraduate degree in a country whose only official
both to the applicant’s intended course of study at Mc- admissions committee looks for these details throughout
language is English, or if they have a 35 or greater on the
the application.
H O W t o A P P L Y | 45
verbal section of the GMAT. Questions regarding waivers MCCOMBS MBA/DUAL DEGREE APPLICANTS » Class visit with current MBA student
should be sent to McCombsMBA@mccombs.utexas.edu. Dual degree applicants, whether or not they are currently
For instructions on scheduling your visit and specific
TOEFL scores are valid for two years. As there has been a enrolled at UT Austin, should follow the regular MBA ap-
dates, times, and locations please visit:
recent reduction in the number of TOEFL testing sites, ap- plication procedures using the appropriate dual degree
mba.mccombs.utexas.edu/admissions/cam/visit.asp
plicants are encouraged to make arrangements as early as major code. There are approximately 12 dual degrees
possible. The TSE cannot substitute for the TOEFL. and each has a unique major code. Only one application PREVIEW WEEKEND
needs to be submitted for the dual degree. Please select Candidates who have already been offered admission are
To register for the TOEFL, contact ETS at:
the correct dual degree major as appropriate. Please also invited to visit campus, typically in early April, to partici-
Educational Testing Service contact the admissions office of the other department pate in the McCombs MBA Preview Weekend.
TOEFL included in the dual degree program for any additional
P.O. Box 6151 required application materials. INTERVIEWS
Princeton, NJ 08541-6151 USA The interview provides more information about the appli-
Both dual degree partner programs must admit applicants
(609) 771-7100 (TEL) cant’s career background and goals, communication skills,
before they may be considered for admission to the dual
e-mail: toefl@ets.org maturity, character and “polish.” Interviews at McCombs
degree. Applicants admitted to only one program may
www.toefl.org are conducted mainly by alumni and current students
choose to pursue that particular program.
both off and on campus. While they are evaluative, they
Admission to the McCombs School of Business is highly All dual degree students begin their first year of study in
are also an opportunity for the applicant to hear firsthand
competitive. The admissions committee reviews applica- the non-business side of their dual degree program and
about the actual experience of being a student in the Mc-
tions on an individual basis looking at both quantitative begin their business studies in the fall of their second year.
Combs MBA program, which helps to determine his or
and qualitative aspects of an applicant’s professional and A complete list of available dual degree opportunities can
her fit.
academic background. In reviewing applications, the be found on the web site at: mba.mccombs.utexas.edu/
committee seeks to assess an individual’s potential for students/academics/jointdeg Interviews are by invitation only. Applicants selected for
academic success and future professional growth. an interview will receive an invitation by e-mail at any
Interview And Campus Visits time from the point of file completion until the end of
Special Considerations The admissions committee strongly encourages all appli- the review process. For more information, please visit our
R E A P P L I C AT I O N S cants to visit the McCombs School of Business to learn Web site.
Most application materials are kept for one calendar year. more about the school’s offerings from current students,
Applicants reapplying must submit a new online Texas faculty, and staff. The following options are available for OTHER MCCOMBS BUSINESS PROGRAMS
Common Application, a new resume, essays, and the ap- those interested in visiting the McCombs School of Busi- Among its programs, the McCombs School offers a two-
plication-processing fee. Additional letters of recommen- ness full-time MBA Program: year Executive MBA Program (Option II); a three-year,
dation and test scores are not required, but may be sub- part-time program known as the Texas Evening MBA Pro-
» Information sessions
mitted if they can be improved upon. Transcripts must be gram (TEMBA) in which students continue to work while
re-submitted only if additional coursework has been taken » McCombs School tour earning their degrees; Executive MBA Programs in Mexico
since the last application. International students must sub- City and Dallas; and an array of targeted management de-
» Lunch with current MBA student
mit an updated statement of financial support. velopment programs through Texas Executive Education.
» UT campus tour For more information, contact:
46 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
Texas Executive Education » At the end of the admissions season, decisions may be Should the Green Card arrive thereafter, the applicant
The University of Texas at Austin rendered on applications that have submitted items may notify GIAC and the status will be changed to do-
P. O. Box 7337 1-4. Submission of only these four items is greatly mestic applicant.
Austin, TX 78713-7337 discouraged and, in fact, will delay an admissions
7. Resume (suggested two-page maximum length)
(512) 471-5893 (TEL) decision to the very end of the cycle when the class is
(512) 471-0853 (FAX) almost always full. 8. The three required application essays
e-mail: execed@mccombs.utexas.edu
» The application fee, the Texas Common Application, 9. Two letters of recommendation
www.mccombs.utexas.edu/execed
and the application essays can be submitted online.
Everything else should be submitted together in one MAILING ADDRESS
The McCombs School also offers the country’s top-ranked
packet to GIAC (not McCombs) to avoid processing GIAC
Masters in Public Accounting (MPA). For more informa-
delays. Please do not forget to include your resume. P.O. Box 7608
tion, contact the Department of Accounting:
The University of Texas at Austin
Items to be forwarded to the University of Texas at Austin,
The University of Texas at Austin Austin, TX 78713-7608 USA
Graduate and International Admissions Center (GIAC):
Department of Accounting FAX: (512) 475-7395
CBA 4M.202 1. The online Texas Common Application
COURIER ADDRESS
Austin, TX 78712
2. Application Processing Fee ($125, made payable to the GIAC
(512) 471-6559 (TEL)
University of Texas - applicants who have previously attend- The University of Texas at Austin
e-mail: texasmpa@mccombs.utexas.edu
ed UT should add $10 for processing their UT transcripts) 2608 Whitis Avenue
www.mccombs.utexas.edu/dept/accounting/mpa/
3. College/University Transcript(s)-one (1) official copy in Austin, Texas 78712
FINAL DETAILS PHONE: (512) 475-7390
its original language plus an English translation if original
A P P L I C AT I O N S TAT U S C H E C K
is not in English. (Do not list on the application or include
To monitor the status and location of your application Note to Applicant: Submission of an application to the
transcripts from professional development programs, cer-
packet, visit the UT Applications Status Check site at McCombs MBA program affirms your desire to be part
tificate programs, language programs, or workshops that
mba.mccombs.utexas.edu/admissions/adm/status.asp of the honorable community at the McCombs School of
you have attended.)
Business and assures that all information contained in the
4. Photocopy of GMAT score report - official score re-
A P P L I C AT I O N PA C K E T C H E C K L I S T application is complete, accurate, and the result of your
Listed below are the items that collectively constitute a port must be sent from ETS before application can be
own individual efforts. Submission of false information will
complete application package for admission to both the processed.
justify a denial, withdrawal, cancellation of enrollment,
University of Texas and the McCombs School of Business 5. Photocopy of TOEFL (international applicants only)— and/or other appropriate University action.
throughout the majority of the application season. official score report must be sent from ETS before applica-
» Application review will begin after GIAC has received tion can be processed A P P L I C AT I O N S TAT U S C H E C K
PROGRAM EXPENSES
FINANCIAL AID & SCHOLARSHIPS MAJOR SCHOLARSHIPS INCLUDE:
All applicants are automatically considered for recruiting RECRUITING SCHOLARSHIPS
scholarships during the admission process; no additional McCombs annually offers close to $300,000 in cash individual donors and its corporate supporters. Applica-
paperwork needs to be submitted. Scholarships are of- awards distributed during the admissions cycle as re- tions are available online at the beginning of the spring
fered to students who demonstrate a superior record of cruiting scholarships. Cash awards range from $2,000 to semester of the first year. More than $100,000 will be
academic and professional accomplishment in their ap- $10,000 and consist of both one- and two- year awards. awarded through MBA Current Student Scholarships with
plication materials. In addition, approximately half of these awards are ac- amounts ranging up to $5,000.
companied by out-of-state tuition waivers, which save the
Financial aid usually comes in the form of student loans Decisions are made on the basis of merit (academic record
student an additional $15,000 per year. The total amount
for first-year students. Applicants can apply for most loans during the first semester in the program) and need. A rotat-
of tuition differential reduction distributed annually at
through the University's Office of Student Financial Ser- ing faculty committee determines the recipients each year.
McCombs currently approximates $600,000. Recruiting
vices (OSFS). To apply for federal and state assistance, stu-
scholarships are distributed almost exclusively on the ba-
dents will need the Free Application for Federal Student EXTERNAL SCHOLARSHIP OPPORTUNITIES
sis of merit.
Aid (FAFSA). It is available online at www.fafsa.ed.gov Scholarship programs that come to the attention of the
OFSF's Application Guide: Applying for Financial Aid gives MBA Program Office from other sources are posted in the
THE SYLFF FELLOWSHIPS
information about the application process. It is available MBA Program Office. Questions about outside scholar-
Applicants seriously interested in the international double-
online at www.utexas.edu/student/finaid and by clicking ships can be addressed to Cindy Benton, Director of Stu-
degree programs are eligible to be considered for the
'Graduates' then 'Applying and Deadlines.' Interested ap- dent Services.
SYLFF Fellowship that pays $5,000 in the first year of the
plicants may contact OSFS:
program and a possible $10,000 in the second year of
Office of Student Financial Services M B A E S T I M AT E D E X P E N S E S
(foreign) study. Two scholarships are awarded each year
University of Texas at Austin during the admissions cycle. All applicants who demon- Costs In-State Out-of-State International
P. O. Box 7758, UT Station strate strong interest in the double-degree program in Tuition & Fees $14,606 $30,116 $30,767
Austin, TX 78713-7758 their application essays are automatically considered. Est. Books $1,400 $1,400 $1,400
e-mail: finaid@www.utexas.edu McCombs Orientation Fee $300 $300 $300
www.utexas.edu/student/finaid MBA CURRENT STUDENT SCHOLARSHIPS AND AWARDS Housing $12,566 $12,566 $12,566
The recommended date for the financial aid application is During the first year, current students may apply for a Laptop $1,300 $1,300 $1,300
March 31. Additional information is available through the number of scholarships and awards given by the Mc- One-year Costs $30,172 $45,682 $46,333
school's in-house financial aid officer at (512) 471-7698. Combs School of Business through generous support of
Tuition and fees are estimates.
48 | M c C O M B S M B A 2 0 0 4 - 2 0 0 5
McCombs is a member of The Consortium for Gradu- All applicants, internationals included, are automatically Students who are native born citizens and residents of any
ate Study in Management, a thirteen-university alliance considered for recruiting scholarships at the time of ap- country in the Caribbean and North, Central, or South
that seeks to increase the number of minorities in MBA plication and during the admission cycle following. No America (except the U.S. and Cuba) and who have com-
programs and managerial positions in business. The Con- special application is needed. In addition, international pleted one semester of academic study on a valid non-res-
sortium recruits African Americans, Hispanics, and Native students may apply for Continuing Student Scholar- ident visa and plan to return to their home country upon
Americans to compete for merit-based fellowships. Each ships. Scholarship application forms are available in the completion of the academic program are eligible to ap-
candidate admitted to a Consortium MBA program com- spring semester in the MBA Program Office. However, ply for the Good Neighbor Scholarship, which is awarded
petes for a privately funded, full-tuition fellowship. Inter- such scholarships are extremely limited and should not be in the second year of study. This scholarship, if awarded,
ested students must complete both a Consortium and relied upon. Therefore, international students should be pays for all tuition (not fees) in the second year.
McCombs MBA application. prepared to meet all expenses for two full calendar years
For more information on these scholarships, please visit
from their own resources. We would recommend that you
For more information, visit the McCombs MBA web site, www.utexas.edu/international/cs/finaid.html.
contact the International Office (phone: (512) 471-1211)
at mba.mccombs.utexas.edu or contact the Consortium
for more advice on financing your graduate education. For any additional questions, contact Linda Butler in the
for application materials:
International Office at lindab@mail.utexas.edu.
The Consortium For Graduate Study T U I T I O N A S S I S TA N C E F O R M E X I C A N S T U D E N T S
In Management TAMS is a waiver of non-resident tuition for a limited num-
5585 Pershing Avenue, #240 ber of Mexican students who have demonstrated financial
St. Louis, MO 63112 need. In order to be eligible for this scholarship, you must
(tel) 314-887-5500 first be admitted to a degree program. International dou-
www.cgsm.org ble-degree students from Mexico are also eligible to apply.
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Directions from Austin Bergstrom International Airport
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Plan for a 20 to 30-minute drive from Austin Bergstrom International Airport (ABI) to the University
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of Texas campus. Exit ABI onto state highway 71 west and soon thereafter veer
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onto US 183 north.
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Follow it about two miles to Airport Boulevard. Drive north on Airport about
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five miles and turn left
SP
at the intersection with Martin Luther King Boulevard. Follow MLK for about two miles, crossing over
EE
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IH 35. Go through the second light once you’ve crossed IH 35 and turn rightSTinto
. the Brazos parking
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garage. Cost is $7 per day. ST
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The McCombs School of Business is on the northwest corner of 21st and Speedway.
2
Additional maps
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are available on the web at: www.utexas.edu/maps/main/areas/tower.html. The McCombs School
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of Business is in the tower section. For more information on ABI, please visit its web site at: www. CI
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Directions from I-35 MA
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Take the MLK exit and turn right at the light if you’re traveling south. If traveling north, turn left
RE
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AV
and follow MLK over the highway. Pass the lights at San Jacinto and Trinity. Then turn right into the
E.
Brazos parking garage. Parking is $7 per day.
McCOMBS SCHOOL BRAZOS PARKING
OF BUSINESS GARAGE
McCombs reserves the right to change any information presented in this publication with-
out notice. Specific degree requirements, policies, tuition, fees, curricula, etc. should be
discussed with appropriate advisors prior to acceptance and/or registration. As a matter of
policy, The University of Texas at Austin does not discriminate among applicants or par-
ticipants on the basis of race, religion, sex, national origin, or handicap.