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Data Theft Update: McCombs School of Business Responds to Data Theft

In the wake of the recent data theft, the McCombs School has worked hard to notify and respond to those who may have been affected. The security breach, discovered April 21, may have exposed the personal information of thousands of faculty, staff, students, alumni, corporate recruiters and applicants for admission to an external intruder. Last week, the McCombs Data Theft Web site had about 56,600 unique visitors as McCombs and University constituents learned about the data theft and what action to take. Get the full story and protect yourself now.

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IN THIS ISSUE
New Executive Education Partnership Announced
Sarbanes-Oxley Discussion - New Rankings Released

Nominate a McCombs MBA Alumni Business Leader and Outstanding Chapter Event
McCombs invites you to submit a nomination for the 2005-2006 Rising Star and Outstanding Chapter Event Awards. These awards are given annually to exceptional alumni and chapter events at the MBA Alumni Awards Celebration. This year, the celebration will be held at 6:30 p.m. on September 8 at the Stephen F. Austin Hotel in Austin, Texas. Nominations must be received by May 15, 2006.

MBA Alumni Chapter Summer Receptions Welcoming the MBA Class of 2008
Welcome the incoming MBA class of 2008 at an evening of networking and fun with MBA alumni, current students and friends. Click here for more information.

Atlanta, June 22

Austin, June 29

Boston, May 31

Chicago, June 21

Dallas, June 8

Denver, June 7

Houston, June 1

India, TBD

Los Angeles, June 15

New York City, June 20

Peru, May 24

San Antonio, June 28

San Diego, June 21

San Fransisco, June 14

Seattle, June 13

Tokyo, Japan, TBD

Tulsa, June 8

Washington D.C., June 22

Alumni From the 1978-2005 Classes Return to McCombs for the First McCombs MBA Alumni Business Conference
Dean Steve Salbu and Information, Risk, and Operations Management Professor David Spence spoke on two hot issues at the first annual McCombs MBA Alumni Business Conference March 31. The conference allowed MBA alumni from California, Texas, New Mexico and Mexico to return to school for a day of lectures and networking. Read about Salbu's talk on decision-making and Spence's talk on Enron and energy.

McCombs School Selected as Learning Partner for Shell Project Academy
Royal Dutch Shell Petroleum, PLC, announced that it has selected the McCombs School of Business as one of four university learning partners working in a consortium to support its global Project Academy program. Get the full story.

4th Annual Hedge Fund Symposium Unveils Industry’s Diversity
At the day-long symposium, now in its fourth year, MBA students from several schools and industry professionals convened in Austin and rubbed elbows with fund managers, traders, institutional investors, securities analysts and assorted financiers who occupy the seemingly mysterious world of hedge funds. Learn more about this year's symposium.

MBAs Rise to the Toothpick Challenge
What do a sequined purse, a broken calculator, a paperclip and a live acoustic guitar performance have in common? MBA students acquired each of these things by bartering toothpicks. Yes, toothpicks. Get the full story.

U.S. News & World Report Ranks McCombs School #18
The McCombs School MBA Program ranked No. 18 in the U.S. News & World Report 2006-2007 America’s Best Graduate School annual survey. The rankings are based 25 percent on quality assessments made by deans and directors of accredited business schools, 15 percent on quality assessments made by corporate recruiters, 35 percent on statistics reflecting placement success, and 25 percent on statistics reflecting student selectivity. Get the full report.

McAlister Discusses Value of Marketing at Faculty Research Presentation
In this year's final installment of the Faculty Research Presentation Series sponsored by the Undergraduate Business Council, Marketing Professor Leigh McAlister discussed her research on the importance of marketing to a company's long-term strategy. Watch a clip of McAlister's presentation or get the full story.

GM CEO Offers Advice by Example: Do What You Love, Remain Optimistic
During a March 30 Q&A presentation moderated by McCombs School Professor James Fredrickson, Richard Wagoner Jr.—who has worked for GM for 29 years—said the last six months have been more challenging than the 28 and a half years before it, but he expressed an encouraging outlook for the future of the company. Get the full story.

Workshop to Examine Business, Legal Impact of Revolutionary Production Method
On May 1-5, The University of Texas at Austin will host an open source workshop May 2 that will bring together top thinkers from business, legal and technical areas to discuss how business and law will be affected as the practice of open sourcing becomes more widely adopted. Find out more about the workshop.

Sarbanes-Oxley: Bitter Pill But Good Medicine, Says Prentice
In his lecture for the Faculty Research Presentation Speaker Series, "Sarbanes-Oxley Unfolding," Professor Robert Prentice discussed the Sarbanes-Oxley Act of 2002. Prentice said that while there is a consensus regarding the regulation of accounting and corporate responsibility, the decision is not simply a government movement—corporate newsmakers such as Enron and WorldCom were to blame. Get the full story.

ALUMNI & FRIENDS NEWS & NOTES

Red McCombs Appeared in CNBC TV Series Produced by MBA Alumni
Red McCombs, benefactor and namesake of the McCombs School of Business, was profiled on a new CNBC television series created by two MBA alumni, Lyn Graft (MBA '95) and Ingrid Vanderveldt (MBA '96). Learn more about the series.

The Economic Outlook on Austin: Local Leaders Speak
On Wednesday, May 3, 2006, the MBA Alumni Austin Chapter hosted a breakfast panel with distinguished guests, including: Austin Mayor Will Wynn; Ken DeAngelis, General Partner and Co-founder of Austin Ventures; Richard S. Hill, Partner and Co-founder of Hill Partners, Inc.; and Pike Powers, Partner, Fulbright & Jaworski, Vice-Chair, TX Emerging Technology Fund. Over 100 alumni were in attendance to hear these business leaders discuss Austin’s economy and business climate over the next three to five years.

More McCombs News
Alec Beck, Austin Philanthropist and McCombs Alum, Dies
Faculty Awarded 2005-2006 McCombs Research Excellence Grants
McCombs Employee to Receive Staff Excellence Award
Part-time MBA Programs in High Demand in North Texas
McCombs Professors Complete International Study on Anti-Piracy Efforts
Green Business is Good Business: EnviroMedia Turns Environmental-Friendliness into New Ad Market

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

	Vol. 8, No. 6 May 4, 2006
	Alumni and Friends Links
	Alumni Website Development McCombs News Texas Exes Online Services
	McCombs Merchandise Check out the McCombs merchandise in the online store today. From executive gifts (like the business card holder to the left) to t-shirts to travel items -- we've got something for the current or future business mogul! Upcoming Events Global Moot Corp Competition May 3 - 6, 2006 Commencement, May 19-20

	Investment Opportunities
	Make a gift to the McCombs School Annual Fund and help us achieve our goal of becoming recognized as the best public business school in the nation. Give now. Related Links
	Hermes Society Matching Gift Program 2003-04 Investors' Report Give Online The MBA Alumni Endowed Excellence Fund provides an excellent opportunity for all alumni to give back to the school. Launching new MBA initiatives that will enhance the educational experience of MBA students, this fund is unique in that a committee of students, alumni, and MBA program office staff will work together to determine optimal usage of the funds. Congratulations to the Class of 2006 and their record-setting efforts in the 2006 Leave A Legacy Campaign. This year's class raised the most money with the smallest class in the history of the ten-year campaign! Jay Manickam In January 2003, three 2004 MBAs, Matt Chasen, Jay Manickam and Mickey Millsap created uShip, the first and largest online shipping service that matches members with over 15,000 service providers. “We aim to be the destination site for shipping,” said Manickam, the Director of Strategy, Reporting and Analysis for uShip. Features of uShip include familiarity of format (it’s a peer to peer online marketplace similar to eBay), patent-pending search technology that helps reduce shipping costs by allowing drivers to find shipments along their routes and fill empty cargo space, and a feedback system. Semi-finalists in the MOOTCorp competition, the founders of uShip won several competitions including ones at San Diego State and North Texas and eventually found funding for the company from a Silicon Valley venture capitol firm. “For entrepreneurs, it’s important to use the resources around you including professors and alumni,” said Manickam. “You should also be incredibly determined and focused. And very willing to make sacrifices.” A native of Annapolis Maryland, Manickam received his B.A. in chemistry and philosophy from the University of North Carolina Chapel Hill in 1996. He worked as a consultant and an accountant before attending McCombs School of Business for his MBA. “I wanted to get a broad business background. Austin of course, was a huge draw, but the McCombs programs spoke for themselves. They are entrepreneurial focused and flexible,” said Manickam. “Plus, it turns out that school is a great time to start a company!” For more information on the MOOTCorp competition, visit http://www.mootcorp.org/. Upcoming Texas Executive Education Programs Responding to Market Dynamics May 11-12, Dr. Kapil Jain Building Engagement: What Leaders do to Manage Talent & Build Allegiance June 15-16, Dr. John Daly and Dr. Donde Plowman