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McCombs School of Business

IN THIS ISSUE
Alumni BBQ
BBA Students Win National Competition
Education Opportunities

Annual Alumni BBQ Draws Large Crowd
The fall 2006 Alumni BBQ was a success as usual. Held in the Atrium 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.

Team of BBA Students Wins National Competition
A team of finance students from the McCombs School won the stock pitch competition at the Fourth Annual Stern Summit on Global Business at New York University, Oct. 12-14. The three students are members of the Financial Analyst Program. Follow this link to read more.

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 Legacy Room here.

Cox Discusses False Interpretations of Adam Smith’s Writings
Scholars have misinterpreted 18th century economist Adam Smith’s views, said Marketing Professor Eli Cox at the Oct. 17 Faculty Research Presentation Speaker Series. Smith wrote the oft-quoted “Wealth of Nations” in 1776, and incorrect interpretations include the idea that if we all act greedily, everything “comes out well in the wash—the invisible hand cleans up the mess.” Cox said that such interpretations pervert Smith’s original meaning that prudence—defined as “control of ourselves”—is the foundation upon which the wealth of nation is built. Read the details by following this link.

Texas Executive Education 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.
Read the complete course description and get registration information.

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 that 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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McCombs Monthly Archives

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

	Vol. 7, No. 2 November 16, 2006
	Alumni and Friends Links
	Alumni Website Development Update Your Address B-School Alumni Directory McCombs News Texas Exes Online Services
	McCombs Merchandise 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.

	Investment Opportunity
	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 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. Kate Nanney Kate Nanney (BBA 2007) has already experienced many an alumni event in her role as director of alumni relations for the Texas Exes Student Chapter during her sophomore year in school. So when she officially becomes an alumna in a few months, she’ll know what to do! And she’s looking forward to becoming one of YOU. “I think it would be great to have more mechanisms for informal interaction among students and alumni,” says Nanney, a Business Honors student who’s also in UT’s challenging Plan II program. “I have often met alums at meetings and business functions, but the most interesting conversations happen in less formal settings.” The featured student speaker at this month’s McCombs Advisory Council luncheon, Nanney talked about how the business school really enhanced her ability to communicate with diverse groups of people, a skill she knows will serve her well as she continues on a career path that will take her on a two-year stint with Teach for America and then on to law school. “One of the best things about being in the McCombs School is interacting with other business students,” says Nanney. “These students are always taking on amazing internships and going for valuable leadership opportunities. They’re very driven.” As Nanney moves from the student to the alumni ranks, there’s no telling how she’ll use those great networking skills and far-reaching McCombs network. “I’ve never been one to set the goals too far out, but when I see something that needs doing, I do it.” 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: Tolleson Wealth Management - Client Services Analyst Boeing Company - Procurement Analyst BearingPoint - Project 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.