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Reunion 2006 - Classes of 1996 and 2001 - November 3-5, 2006
Join your classmates in Austin for a weekend of events celebrating your 5- and 10-year Reunion. Be sure to register today so your classmates will see you are coming and sign up too. Click here for more information including the attendee list. As you look forward to your reunion, it is time to consider your reunion class gift, Leave a Legacy. This legacy will benefit the MBA Alumni Endowed Excellence Fund, which supports new or existing student initiatives. It is for MBAs by MBAs—so please join your Cohort classmates in making a class gift to Leave a Legacy today!

Beat the Bears with BBQ!
It's football season again, and you know what that BBQ logo small 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.

Save the Date MBA Alumni Business Conference, March 22-23, 2007
The McCombs MBA Alumni Network's 2nd Annual Business Conference is March 22-23, 2007. This year's theme is Navigating the Global Workplace. Don't miss your next opportunity to get back into the classroom to network with fellow alumni and learn about the latest happenings at McCombs. Plus, look for future communications that will share how you can take advantage of one-on-one sessions with career advisors. Additional details and registration will be available soon. Check the Web site periodically for updates.

IN THIS ISSUE
New Rankings - Student Awards
New Advisory Council Members Announced

McCombs Alumni Honored at 2nd Annual MBA Alumni Awards Celebration
2nd Annual Alumni Awardees Students, faculty, and alumni gathered Friday, September 8 at the Stephen F. Austin Intercontinental Hotel for the 2nd Annual MBA Alumni Awards Celebration. Dean George Gau presented the Rising Star Award to Ted Wang '96 and the Outstanding Chapter Event Award to the Austin Chapter for its outstanding event, "The Economic Outlook on Austin," a speaker panel moderated by Professor Jim Nolan that featured Mayor Will Wynn and several distinguished business leaders. Dean Gau presented awards to the Austin Chapter leaders who organized the event: Co-Presidents Sharon Lyle '05 and Mickey Millsap '04, and "The Economic Outlook on Austin" Event Co-Chairs Cuatro Groos '00 and James Walsh '05. This is the second year that the McCombs MBA Alumni (MMA) Network has acknowledged the success of McCombs graduates through this signature event. The MMA Network will accept nominations for the 3rd Annual MBA Alumni Awards Celebration in spring 2007. Find out more about this event, including criteria for award selection and past winners. Pictured above (from left to right) are Cuatro Groos, Mickey Millsap, Jennie Loev, Ted Wang, Sharon Lyle, Dean Gau and James Walsh.

President Bush Picks Alumna Martinez Tucker for Education Post
President Bush announced this week that he will nominate Sara Martinez Tucker, MBA ’79 and McCombs Hall of Fame recipient, to serve as undersecretary of education. Martinez Tucker is currently the president and CEO of the Hispanic Scholarship Fund (HSF), a position she will leave at the end of September in preparation for her move to Washington, D.C. Get the full story.

McCombs Executive Education Helps Beijing Electric Compete
After the Beijing Electric Power Corporation became independent of the Chinese government in 2003, they were thrust into a highly competetive market. For help adapting to this competitive marketplace, Beijing Electric turned to the Executive Education Program at the McCombs School of Business to create custom courses in marketing and customer service tailored to the needs of the company and its executives. Learn more about the custom program.

Cohort Dinners: Orientation
Cohort dinners were added to Orientation Week several years ago as an opportunity for faculty, staff, and cohorts to get to know each other. Dean Gau, Dean Hirst, Anitesh Barua, and Bob May each hosted a cohort this year on August 22nd. McCombs School Dean George Gau hosted the Cohort 2 Orientation Dinner at his home. Pictured (from left to right) are revelers Deepak Surana, John Morris, Angie Grabowski and Bharat Chandorkar.

Deloitte's Allen Discusses Changing Workplace, Future of Accounting
Sharon Allen, a baby boomer with 30 years of accounting and auditing experience, spoke Wednesday evening to a packed room of McCombs accounting students from Generation Y (those born in the 1980s and 1990s), and assured them her company understands the expectations they have about the workplace they will be a part of in the future. Get the full story. View the Austin-American Statesman article.

The McCombs School Announces New Advisory Council Members
The McCombs School welcomed four new
Advisory Board Members
this September: James K. Malernee, Robert D. Duncan, Joel V. Staff and Thomas W. Jasper (not pictured). These four join an Advisory Council of over 120 business men and women who assist the Dean, faculty and staff of the McCombs School of Business in achieving and maintaining “best of class” status for the School. View new members bios.

McCombs Welcomes New Professors in 2006-2007
This week, McCombs welcomes 14 new faculty members to the school. This group comes from all over the world with research interests ranging from executive compensation and investor over-confidence to dynamic programming and social networks. Meet the new faculty.

McCombs MBA Program Again Ranks Among Top Global Schools
The McCombs School's full-time MBA program ranked No. 20 in Expansion magazine’s list of the best global MBA programs for Mexicans. Expansion, Time’s leading business magazine in Mexico, rated schools based on academic quality, number of foreign students, return on global investment and value in the Mexican market. In addition, The University of Texas full-time MBA Program ranked No.16 in América Economía magazine’s list of top global MBA programs for Latin Americans. The Latin American business magazine cites the opportunities to study language and culture and to develop business in the region as one of the school’s perks.

McCombs Faculty May Be Coming to a City Near You
Are you actively involved with your local alumni chapter? If not, the McCombs MBA Alumni (MMA) Faculty Speaker Series is a great reason to connect with your local chapter. The MMA Faculty Speaker Series invites faculty to discuss current business trends and topics. It is a great opportunity to learn from the latest research, gain faculty perspectives, network with alumni, and stay connected to the McCombs School. “The knowledge that faculty impart, plus the interchange of ideas that occurs, provides an interesting dimension to the lectures,” says Jennie Loev, Director of MBA Alumni Relations. This fall and spring faculty plan to travel to Atlanta, Austin, Chicago, Dallas, Houston, Los Angeles, New York, San Francisco, Seattle, Tulsa. Dates will be posted when finalized. Learn more. If your city does not currently have an alumni chapter and you would like to organize one, contact mbaalumni@mccombs.utexas.edu.

McCombs Fall 2007 Recruiting Destinations
Do you know someone with the skills and background to succeed as a McCombs MBA in fall 2007? Help us to continue the tradition of excellence of your McCombs MBA degree by attracting the very best talent to the program. The admissions team is traveling to MBA Recruiting Fairs all over the world to give prospective students the opportunity to learn more about McCombs. Recruiting Fairs are a great opportunity to disseminate the value of the MBA program and to bring the strongest candidates to McCombs. Let your friends, family and acquaintances know that McCombs admissions representatives will be in the following cities this fall: Chicago, Los Angeles, San Diego, San Francisco, Seattle, Houston, Mexico City, Washington, D.C., Lima, Rio de Janeiro, Sao Paulo, Buenos Aires, Santiago, Dallas, Houston, Atlanta, Salt Lake City, Boston, New York, and San Antonio. Please refer potential students to the 2006-07 Recruitment Schedule for additional information.

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. 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.

ALUMNI & FRIENDS NEWS & NOTES

Want to see your name in print?Several alumni gathered for a mini-reunion at the Collier-Thomas wedding. Brandon Thomas (MBA '03) and Renee Collier (MBA '04) were married June 17,
2006 in Dallas, Texas. We'd love to hear about the events in your life--email us photos and information. This year, we added alumni and student profiles to McCombs Monthly. Take a moment to review all of this year's profilees. If you are interested in being a future profilee, please email us your professional and personal news, but please include your degree and graduation date as well as your maiden name or name used while in school if different from your current name.

More McCombs News
Federal Deficit Accounting Practices Allow Room for Manipulation
Garza on the Do’s and Don’ts of the MBA Application Process
Peterson Named Associate VP for Research
McCombs Advisory Council Member Wilkins Honored
Sona Chandwani, MBA '02, Records a Day in the Life for BusinessWeekOnline
Albuquerque Tribune Features Tom Stephenson, MBA '05

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

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

	Vol. 9, No. 1 October 5, 2006
	Alumni and Friends Links
	Alumni Website Development McCombs News Texas Exes Online Services

	Anne & David Glover When David Glover (BBA ’80) retired from a successful career in real estate, his wife Anne (BBA ’81, MBA ’86) decided to put her MBA to work and build a business. After nine months of researching start-ups and franchises, Anne discovered and jumped on a franchise opportunity—Massage Envy, a nationwide chain of membership-based massage therapy clinics much like a health club. “We wanted to get her [Anne’s] UT MBA back into action and we liked the business model found in Massage Envy," said David. She found out about the opportunity and within two weeks she was choosing locations for the first of her now four stores.” Those locations, along with good therapists, have been key to their success. Her River Oaks and Galleria stores are currently No. 1 and No. 2 in the city among all Massage Envy franchises in number of massages given and total store revenue, and are nationally ranked in the top ten. And she is about to open one more store. Another key to her success has been latching onto an industry that is experiencing high national growth (Massage Envy just got rated one of the top five retail concepts in the United States by the International Council of Shopping Centers). Fourteen percent of Fortune 500 companies now offer massage as an employee benefit, while individual consumers spend between $5 and $7 billion annually on massage therapy. “The franchise concept is perfect for a budding entrepreneur,” Anne said. “Because you’re putting your name, money and reputation at risk an upcoming franchise with a solid business model is a less risky endeavor. You can really be involved in the growth phase, but it probably has a reputation somewhere that helps you hedge your bets a little.” As to advice for new entrepreneurs? “Find something you’re interested in,” said Anne, a self-proclaimed massage junkie. “You need to make certain it’s a business you’re interested in and can be excited about.” And don’t be afraid to go back to the books. “I couldn’t have done this without the business discipline I learned at UT and the alumni support network. From analysis to spreadsheets to theories, everything from my education played right into the number crunching and natural abilities I had to run a successful business,” said Anne.
	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. Current job openings include: Black Diamond Capital Partners - Analyst Cottonwood Financial - Business Planning Analyst BearingPoint - Senior Requirements Analyst Software Architects - Consultant 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.

	Investment Opportunities Make a gift to the McCombs School Annual Fund and help us achieve our goal of becoming the best public business school in the nation. Give now. Related Links Hermes Society Matching Gift Program 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. The McCombs School of Business 2004-05 Investors' Report is now available online. Visit the home page to view the 2004-05 donors and financial information. Upcoming Texas Executive Education Programs Virtual Leadership: Leading Dispersed Teams 10/5-10/6 Advocacy: Champion Yourself and Your Ideas 10/19-10/20 Leading High Performance Teams 10/26-10/27 See a complete calendar McCombs Merchandise
	Just in time for football season, we've got t-shirts and other McCombs wearables in the online store. Show your school and university pride, whether you're in the stadium or cheering from the couch.