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IN THIS ISSUE  Alumni BBQ PPA Senior Wins Award Education Opportunities

Annual Alumni BBQ Draws Large Crowd
The fall 2006 Alumni BBQ was a success as usual. Held on the McCombs Plaza on Oct. 14, alumni of all stripes gathered prior to the Texas-Baylor football game to enjoy delicious Texas food, listen to the Texas Swing Kings, win raffle prizes and engage the kids in games and activities.
Forensic Accountant Thomas Golden Speaks to UT Accounting Students In a recent Lyceum Series presentation, Thomas Golden of PricewaterhouseCoopers tells accounting students to learn from Ronald Reagan, who, when negotiating with the Russians, stressed to “trust but verify.” Golden confirms, “Misplaced trust is without a doubt the number one significant reason why frauds occur.” Read the press release.
McCombs PPA Senior Trisha Grace Wins Scholarship, Award and Job Offer When PPA senior Trisha Grace left the Texas Conference for Women Oct. 12, she had a $5,000 business scholarship and a job offer. Grace was also recently awarded the Texas Parents’ Mike Wacker Award, named after UT Austin graduate and former Longhorn basketball player Mike Wacker. The award has become a symbol of courage and perseverance for students who face extreme adversity and recognizes students who exemplify personal sacrifice, dedication, esteem, conviction and faith. Read more about the conference.
Legacy Room Opens Amid Much Fanfare
An Oct. 13 reception celebrated the grand opening of the new Legacy Events Room, a renovation of Classroom 2000 made possible through the fundraising efforts of the MBA Class of 2004 and its Leave A Legacy campaign efforts. Located above the Hall of Honors, the new space will be used for special events and meetings. Read more about the Legacy Room.
Texas Executive Ed Offers Two Great Programs This Month Leveraging Culture & Organizational Change, Nov. 16-17 - Learn to recognize when change is needed, and how to manage and lead change in a collaborative environment. Accounting & Finance for Non-Financial Managers, Nov. 30-Dec. 1 - Become proficient in the language of business. Learn how to identify relevant information, apply analytical skills to make better business decisions and take maximum advantage of business opportunities.
For complete course description and registration information please visit us online.
More McCombs News
Paul Tetlock Op-Ed Examines Internet Gambling Legislation New York Times, Oct. 9, 2006 Paul Tetlock, assistant professor of finance, coauthored a New York Times op-ed that examined proposed legislation to shut down online gambling. Tetlock says the law would affect a form of Internet gambling which has worth to society—sites dealing in information markets. “For instance, we now have markets for predicting political and economic events, where you can wager on the monthly unemployment rate or the outcome of the presidential race,” Tetlock writes. “Why should we care? Because information markets, which essentially reflect the collective wisdom of savvy bettors, can help us make more accurate forecasts.” Read the editorial.
Prepare for Talent and Market Growth in Developing World, Mahajan Says The Economist, Oct. 5, 2006 Every year India produces about 2.5 million university graduates, including 400,000 engineers and 200,000 IT professionals. As the outsourcing talent boom shows no sign of slowing, Vijay Mahajan, McCombs marketing professor and former dean of the Indian School of Business, points out that the huge labor pool isn't the only thing growing in India. The developing world is also a booming market. General Electric calculates that 60 percent of its growth over the coming decade will come from the developing world, compared with 20 percent over the past decade. Get the full story (subscription required).
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Vol. 7, No. 2, November 16, 2006 |
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Trisha Grace
PPA student Trisha Grace never expected to be standing on the 50-yard line at Texas Memorial Stadium, basking in the roar of the crowd. But that’s where she found herself when she received the Texas Parent Mike Wacker Award at the Texas vs. Oklahoma State game halftime.
Bestowed only when there is an extraordinary nominee, the award honors students who face extreme adversity and exemplify personal sacrifice, dedication, esteem conviction and faith.
Grace is the embodiment of the profile. Since becoming a single mother at 17, she has supported herself and her daughter financially, sometimes working 30 hours a week while going to high school. But she says it was the loss of her emotional support system—her grandmother and mother, who both recently passed away—that has been the hardest to shoulder.
Concentrating on her unwavering goal to be the first in her family to graduate from college has helped her through. “I am determined to make my way to graduation and provide my daughter, Isabell, with more than the odds have allowed me,” she says. And Grace is well on her way. After graduating as high school valedictorian, she has achieved a 3.6 UT GPA while parenting Isabell, working 20 hours a week as a bookkeeper and taking a full course load each semester. She was admitted to the competitive Professional Program in Accounting this fall.
On top of all this, Grace makes time to serve as a student ambassador to Longhorn Link, mentoring other low-income students who also aspire to be the first in their families to earn a college degree. Grace is matter-of-fact about the cards that life has dealt her. “I would never argue that my problems are more important than anyone else’s. I may be considered a ‘non-traditional’ student by counselors, professors and peers, but I consider myself just a normal woman,” she says.
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