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McCombs Monthly New
News for undergraduate alumni and friends from the McCombs School of Business

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Executive Education Launches Program in Houston
McCombs Ranks Highly in Three Publications
Construction at Executive Education Center
Reaches Finishing Stages
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Executive Education Launches Energy Finance Program in Houston
fed_houstonTexas Executive Education will offer an innovative Energy Finance Certificate program at its Federal Reserve Bank campus in Houston (left), beginning this fall. Faculty from the McCombs School of Business, the Cockrell School of Engineering and the Jackson School of Geosciences will partner to teach courses designed to offer executives and managers an in-depth look at economic strategy, business valuation and finance specific to the energy industry. "The program offers a unique opportunity for managers to study current topics in the complex field of energy finance," said Chantal Delys, assistant dean for Texas Executive Education. "We are excited to offer this leading-edge curriculum."
Get the full story.

Construction at Executive Education Center
Reaching Finishing Stages
EECC tourConstruction of the AT&T Executive Education and Conference Center is moving along. The facility is on schedule for a "soft" opening in July of next year, followed by the official opening in August, according to Will Shepherd (left), senior project manager.

McCombs Ranked Highly by Hispanic Business, Fortune Small Business, Expansión

LeedsAcademic programs at the business school recently have been touted by three publications in special rankings issues. In Hispanic Business magazine’s annual Top 10 Best Business Schools for Hispanics, the Texas MBA program was ranked No. 2 (Stanford was No. 1); Expansion magazine, a business publication from Mexico, ranked the full-time MBA program No. 23 worldwide in its survey for its Best Global MBAs for Mexicans issue. In Fortune Small Business, McCombs was highlighted in its feature on America's Best Colleges for Entrepreneurs. "With its $100,000 top prize, UT Austin's global Moot Corp business plan contest is among the most respected B-school competitions," said the Fortune story. "For grad students who would rather buy a business than start one, the student-run MBA Investment Fund, a private investment company, completes the necessary due diligence, under the eye of finance lecturer Sanford Leeds (left)."  See the Hispanic Business rankings.
See the Fortune Small Business issue.

Executive Education Offers GMAT PREP
Programs and an Energy Finance
Certificate Program
Executive Education offers GMAT PREP programs for students who need to prepare for the GMAT or who would like to improve their current scores to enter an MBA program. The prep courses are offered in two formats, a weeknight longer program and a weekend intensive shorter program. Call or e-mail
Holly Rich, 512.471.1163. Or visit our Web site.

The 
Energy Finance Certificate Program offers industry executives and managers an in-depth look at the economics, strategy, business valuation and finance that is specific to the energy industry. Click here for more information or call us at 800.409.3932. 

McCOMBS IN THE NEWS

Pérez-González Research Links Firm Success to CEO's Personal Life
Wall Street Journal, Sept. 5, 2007
Perez Gonzalez
Research from Francisco Pérez-González, assistant professor of finance, examines the personal lives of executives to discover how their businesses might be affected by family tragedies. With two co-authors, Pérez-González referenced Danish government data on thousands of businesses to study the links between family deaths of CEOs and profitability over the course of 10 years. In the paper, the authors find that CEO family deaths are strongly correlated with declines in firm operating profitability, investment and sales growth.
Get the full story.
Read the research paper (pdf).

Peterson OctoberToo Many Studies Use College Students As Their Guinea Pigs
Wall Street Journal, Aug. 10, 2007
Many research results that make news are derived from studying a narrow population: college students. But college students aren’t representative by age, wealth, income, educational level or geographic location. "What if you studied seven-year-old kids and made inferences about geriatrics?" asked Robert Peterson, McCombs marketing professor. "Everyone would say you can't do that. But you can use these college students." Peterson scoured the literature for examples of studies that examined the same psychological relationships in students and non-students. In almost half of the 63 relationships he examined, there were major discrepancies between students and non-students.
Get the full story.


View more McCombs School of Business News Online...
McCombs Monthly Archives

Vol. 8, No. 8  Sept. 27, 2007
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The McCombs School of Business 2005-06 Investors' Report is now available online.  Visit the home page to view the 2005-06 donors and financial information.

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alumni spotlight

Young Alumna Recognizes Importance of Giving Back

Alderton
Liz Alderton,
BBA '07

 


 


Liz Alderton started giving back to McCombs before she even left.

"McCombs and the Business Honors Program provided me opportunities and experiences that positioned me for my professional career," says Alderton, who graduated in June 2007. That gratitude prompted her to co-chair the 2007 Business Honors Program’s Make a Mark Campaign.

Make a Mark began in 2000 to commemorate the 40th anniversary of the Business Honors Program. Each year, the graduating Business Honors class sponsors the campaign and makes pledges toward a class gift. This year, students raised over $15,000 with matching gifts to be designated to scholarships for future Business Honors Program students.

"It was a record-breaking year, and I'm really proud of the campaign's success," says Alderton.

Her role as co-chair involved organizing events to keep students connected and motivating students to participate in the campaign. Through her work on the campaign, she saw that private support and corporate contributions play a big part in McCombs’ ability to provide superior services to students—services that helped Alderton land her job and set a solid foundation for her future.

As a junior, Alderton applied and interviewed for an internship with Goldman Sachs in Dallas, using tools like McCombs' online recruiting system and the Ford Career Center. The process helped her get that internship, and she says these career resources were an important competitive advantage over students from other schools. In addition to career resources, Alderton praises McCombs and Dr. Eli Cox, director of the Business Honors Program, for advocating study abroad programs. Her experience studying in Vienna, Austria gave her an expanded global viewpoint, which she feels will benefit her career.

As a senior, her interest in real estate was solidified after she worked as a research assistant for Dr. Jay Hartzell who specializes in real estate finance. Armed with that research experience and her previous internship, Goldman Sachs hired Alderton full-time. She has been working as an analyst in the Real Estate Principal group since July 2007. 

Alderton compares the community at Goldman Sachs to that of the Business Honors Program. She was thankful to go to school with hard-working, supportive peers. In her professional life she has found a similar setting and a group of people on whom she can rely.

"My intelligent and team-oriented co-workers create a stimulating atmosphere, which will help me grow professionally," says Alderton. "Not to mention the comfort of a strong Longhorn presence in the office."

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Hire McCombs Alumni through the McCombs Job Board

Search for a job or promote employment opportunities to both current students and alumni of the McCombs School of Business. 

Both the Alumni Directory and the McCombs Job Board are accessible through your UT EID (University of Texas Electronic Identification). Click here for more information on finding your UT EID, or contact the Registrar's office at 512-475-7656.

If you have any questions, please email us and refer to "Alumni Directory" or "McCombs Job Board" in the subject and content of your message.