McCombs Undergraduate Business Program Ranked 5th in Nation
U.S. News & World Report has released survey results for their 2007 edition of America's Best Colleges. Under the category "Best Business Programs", the McCombs undergraduate business program was ranked No. 5 in a tie with New York University (Stern), and UNC-Chapel Hill (Kenan-Flagler). This matches our No. 5 ranking from last year. Here are the top five:

1. University of Pennsylvania (Wharton)
2. Massachusetts Inst. of Tech. (Sloan)
3. University of California-Berkeley (Haas)
    University of Michigan-Ann Arbor*
5. New York University (Stern)
    U. of N.C.-Chapel Hill (Kenan-Flagler)*
    The University of Texas-Austin (McCombs)*

In the rankings of business specialties, McCombs is recognized as follows:

• Accounting rank: 1
• Entrepreneurship rank: 10
• Finance rank: 6
• Insurance/Risk Management rank: 7
• International Business rank: 6
• Management rank: 5
• Management Information Systems rank: 3
• Marketing rank: 3
• Production/Operations Management rank: 11
• Quantitative Analysis/Methods rank: 13
• Supply Chain Management/Logistics rank: 16

You are receiving this e-newsletter because you are a McCombs undergraduate alumnus/alumna.

  IN THIS ISSUE 
 BBA Alum Named U.S. Ambassador
Data Theft Update - Faculty Awards

MARK YOUR CALENDARS!
It's football season again, and you know what that means...time for tailgating and BBQ!  Join other McCombs alumni two hours before the Texas vs. Baylor game (October 14) for the McCombs Alumni Barbecue.  There'll be barbecue and beer, fun and games for the kids, foot-stomping music and free gifts for all. Click here for more details and to register.

Bush Nominates Distinguished Alumnus as U.S. Ambassador
President George Bush nominated Peter R. Coneway, BBA ’66  and McCombs School Hall of Fame recipient, to be the next United States Ambassador to Switzerland and Liechtenstein in May 2006. The nomination for Coneway—who is advisory director for Goldman Sachs Group, Inc.—was approved by the U.S. Senate June 29. Get the full story.

Kinney and Koonce Honored for Excellence in Accounting 
Accounting professors Bill Kinney and Lisa Koonce were among those honored at the American Accounting Association's 2006 Annual Meeting, August 6-9 in Washington, D.C. Kinney received the American Accounting Association Wildman Medal (his third) for his paper, "Auditor Independence, Non-Audit Services, and Restatements: Was the U.S. Government Right?", while Koonce won the Accounting Horizons Best Paper award for "Accounting Liabilities: Conceptual Issues, Standards Setting, and Evidence from Academic Research."  Get the full story. 

2006 MOOT CORP® Winner Opens the NASDAQ Stock Market
On Friday, August 11, NeuroLife Noninvasive Solutions opened the NASDAQ Stock Market. This is the fourth year the Global MOOT CORP® competition winner has rung the opening bell. Get the full story.

Former Smeal Assistant Dean Named Director of TEMBA Program
Bob Wheeler has joined the McCombs School as director of the Texas Evening MBA (TEMBA) Program. Bob served as the assistant dean and director of the MBA Program at Smeal College of Business at Penn State University where he worked with students, faculty, staff, alumni and advisory boards for four years. At Georgetown University, Bob was an assistant dean and director of MBA admissions for three years after practicing law in Washington, D.C.

John Sibley Butler Receives Booker T. Washington Legacy Award 
John Sibley Butler, director of the Herb Kelleher Center for Entrepreneurship and the IC² Institute at The University of Texas at Austin, was given the Booker T. Washington Legacy Award June 4 by The New Coalition for Economic and Social Change, a nonprofit devoted to advancing conservative multiculturalism. Butler, a professor of management, was honored because of his research on the importance of business enterprise for wealth creation and job creation. Find out more about the award.

Cooper Joins International Federation of Operational Research Societies' Hall of Fame 
The International Federation of Operational Research Societies named William Cooper, the Foster Parker Centennial Professor Emeritus of Finance And Management, to the IFORS’ Operational Hall of Fame. This distinction was created in 2003 to celebrate the significant contributions made by OR pioneers and those who have followed in their footsteps. Find out more about the award.

Data Theft Update
The University of Texas at Austin has been working diligently on several fronts following the discovery of the data theft at the McCombs School of Business, focusing on three areas related to the data theft and the issue of data security in general:

• Security:  Ways we are improving security measures to ensure this never happens again.
• Remediation: Steps being taken to lessen the exposure of Social Security numbers in our systems.
• Protection: Resources and tips for responding to identity theft concerns. 

Detailed information regarding these three areas of focus are contained on the official Data Theft Web site. You can help us keep this information fresh and relevant. Please e-mail us any questions that have not yet been answered, and include the term "New Alumni Question" in the subject line.

More McCombs News
McCombs Forges New Partnership With Indian Institute of Management
Christina Mabley Discusses Why MBAs Choose McCombs 
2005 MOOT CORP® Winner Bigfoot, Inc. Unveils New Product
MBA Investment Fund Creates Big Returns for Both Students and School
Pestering Doesn't Pay in MBA Admissions Process
Tetlock’s Research Gains National Attention
Parrino Speaks on Portfolio Managing and Stock Valuation 

View more McCombs School of Business News Online...
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