Advisory Council Meeting March 27, 2015 Welcome & Introductions - - PDF document

Advisory Council Meeting

March 27, 2015

Welcome & Introductions

Bob Zlotnik Chair

Member Introductions

• Please briefly introduce yourself
• Name
• Company
• Location

Recognitions

Tom Gilligan Dean

Newly Established Endowments (Since Nov. 7, 2014)

Paul Aaron Wall Street for McCombs Endowed Dean’s Scholarship in Business George Ackert Wall Street for McCombs Endowed Dean’s Scholarship in Business Howard Berk Wall Street for McCombs Endowed Dean’s Scholarship in Business Jake Foley Wall Street for McCombs Endowed Dean’s Scholarship in Business John Lancaster Wall Street for McCombs Endowed Dean’s Scholarship in Business Hugh “Skip” E. McGee III Wall Street for McCombs Endowed Dean’s Scholarship in Business Steve and Giselle Rohleder Giselle and Steve Rohleder/Accenture Endowed Presidential Scholarship in Business Jennifer and Ralph Hull Financial Analyst Program Endowed Excellence Fund Peter and Lynn Coneway

• Hon. Peter R. and Lynn Coneway, Natalie Coneway, and

Cecile Coneway Puckett Endowed Dean’s Scholarship in Business Ada and Paul Kinscherff Ada and Paul Kinscherff Endowed Scholarship Cher and Lawrence Pope

• Mr. and Mrs. Lawrence Pope Endowed Excellence Fund in

Business Honors

Corporate Recognition Lunch

• April 24, 2015
• AT&T Center
• Let us know if you’ve not received your

invitation

McCombs Scholars Program

John Adams, Chair

President’s Update

Bill Powers

Breakout Sessions

10:00-10:35 and 10:40-11:15

• Salon B: Wall Street for McCombs
• Salon C (this room): Active Learning

Classrooms

• Salon A: Jon Brumley Texas Venture Labs

Dean’s Report

Tom Gilligan Dean

School Updates

• Admissions
• Career Services
• Healthcare Initiative
• Energy Initiative
• Facilities Master Plan
• Alumni Engagement
• Changes in McCombs Leadership

BBA Admissions

• Fall 2015 (as of March 13, 2015)
• Total applications: 6,968 (LY 6,503)
• Students admitted: 1,756 (LY 1,651)
• Average SAT: 1348 (LY 1361)
• Average High School Rank: 5% (LY 7%)
• Percent female: 47.5 (LY 50.5)
• Valedictorians: 119 (LY 116)
• Texas residents: 80.5% (LY 79%)
• Out-of-state: 15.0% (LY 15.3%)
• International: 4.5% (LY 6%)

2014 BBW Rankings

• 1. Notre Dame
• 2. U of Virginia
• 3. Cornell
• 4. Boston College
• 5. Washington Univ.
• 6. UT-Austin
• 7. Wharton
• 8. Indiana
• 9. Emory
• 10. UNC-Chapel Hill

BHP Admissions

• Fall 2015 (as of March 23, 2015)
• Total applications: 1,354 (LY 1,252)
• Students admitted: 238 (LY 244)
• Average SAT: 1495 (LY 1500)
• Average High School Rank: 2.0% (LY 2.1%)
• Percent female: 43.7 (LY 46.3)
• Valedictorians: 34 (LY 42)
• Texas residents: 82.4% (LY 84.4%)
• Out-of-state: 15.6% (LY 12%)
• International: 2.1% (LY 3.3%)

MPA Admissions

• Fall 2015 (final application deadline 3/31)
• Total completed applications to date: 380
• Students admitted to date: 125
• Students enrolled to date: 76
• Admitted Applicant Profile
• Average GMAT: 660
• Average upper-level GPA: 3.77
• Percent female: 57
• Texas residents: 49%
• Out-of-state: 38%
• International: 13%

* Ranked #1 by USNWR for the 9th year in a row!

MBA Admissions

• Fall 2015 (as of March 13, 2015)
• Round 1 and 2
• Total applications: 2,128 (LY 1,980)
• Students enrolled: 126 (LY 147)
• Average GMAT: 702 (LY 689)
• Percent female: 26 (LY 27)
• Texas residents: 39% (LY 36%)
• International: 30% (LY 21%)
• Round 2 and 3 still ongoing

2015-16 USNews Rankings

• 1. Stanford
• 11. Michigan
• 2. Harvard
• 12. NYU
• 3. Wharton
• 13. Duke
• 4. U of Chicago
• 14. Yale
• 5. MIT
• 15. UCLA
• 6. Northwestern
• 16. Cornell
• 7. UC-Berkeley
• 17. UT-Austin
• 8. Columbia
• 18. UNC-Chapel Hill
• 9. Dartmouth
• 19. Washington U
• 10. UVA
• 20. Carnegie Mellon

BBA Career Services

• Average Annual Salary/Signing Bonus
• 2014 - $58,769 / $7,994
• 2015 - $62,664 / $10,891 (preliminary)
• Top 3 industries (preliminary)
• Consulting
• Banking
• Technology
• Between Fall ‘14 and Spring ‘15 we had 114 events

with more than 800 employers involved

• More than 5,000 full-time and internship job postings

for BBA students in Fall ‘14

MPA Career Services

• 90% of 2015 grads have received full-time employment offers
• Average salary
• 2015 – $56,302
• 2014 - $55,383
• Top 3 industries
• Professional Accounting
• Energy/Industry
• Financial Services/Investment Banking
• Top 3 states where MPAs accepted job offers
• Texas (74%)
• New York (9%)
• California (7%)

MBA Career Services

• Average salary/signing bonus
• 2014 – $107,272 / $25,139
• 2013 - $106,277 / $24,738
• Top 3 industries
• Consulting
• Technology
• Consumer Products/Retail
• Employment offers at 3 months post graduation
• 2014 – 94%
• 2013 – 96%
• Spring 2015 Update (as of 3/10)
• Full-time: 56% with offers (LY 58%)
• Internship: 24% with offers (LY 33%)

Other Programs

• Masters Programs 2014-15 Enrollment
• MSFinance – 40 (LY 29)
• MSIROM – 54 (LY 52)
• MSTC – 68 (LY 79)
• Executive Education
• 655 program days (LY 715)
• Revenue $10,931,999 (LY $11,492,400)
• Served ~7,000 people
• Custom programs for ~50 organizations
• Open enrollments programs for more than 300 organizations

Other Programs (cont.)

• Business Foundations
• More than 6,100 students across UT’s campus
• Online courses
• UT Students
• Currently offering 4 of 6 courses (enrollment: 133 – 4 courses; 3 are in phase 1 pilot)
• Final 2 courses offered in Spring ‘15
• Non UT Students
• Targeting Spring ‘15 to offer 4 of 6 courses
• Remaining 2 courses targeted for Summer ’15
• Summer sessions
• Teaches fundamentals of business to non-McCombs student
• Program is 8 weeks, 15 credits, team taught by 15 McCombs faculty members to

integrate course content

• Three cohorts, 2 STEM (Halliburton supported) and 1 Health Care (new 2014), running

concurrently with over 120 students

• Expect to grow to 150+ students with additional healthcare cohort in 2015
• Program runs at a financial surplus in support of the BBA Program Office

Healthcare Initiative

• 2015 spring symposium: Engaging Patients & Families to Transform

Care – April 9-10

• Working with the local health care community to enhance the

student experience

• Developing programs with UMC Brackenridge, Seton Healthcare Family, and

Central Health.

• Involving local health care community
• More than 150 people from local health care organizations and 32 people from

several State of Texas agencies in a variety of programmatic efforts

• Working with the Dell Medical School to leverage mutual synergies

that will enhance the school’s teaching, research, and service missions

UT Energy Initiatives

• Kay Bailey Hutchison Center for Energy, Law and

Business

• Inaugural symposium “Geopolitics of Energy” on February 20th
• Part of first UT Energy Week
• 8th Release of UT Energy Poll, this month
• 5th Annual Austin Electricity Conference, April 2015
• Two Active MBA Energy Student Groups
• Energy Finance & CleanTech
• 100 Applicants for 3rd year of UG Energy

Management Program

Facilities Master Plan

• Phase 1
• Robert B. Rowling Hall
• Funds raised to date = $55.1 million (as of 10/21/14)
• Milestones
• Submit Design Development (35%) set – April 2014
• BOR approval – May 2014
• Early Construction (off site utilities) – June 2014
• Submittal 75% Construction Documents – August 2014
• Submittal 100% Construction Documents – November 2014
• Construction – December 2014
• Completion – Spring 2017

Facilities Master Plan

• Phase 2
• Renovate CBA North and South to house

department faculty offices and undergraduate program space

• Jim and Miriam Mulva gift
• Phase 3
• Renovate GSB to house undergraduate

classrooms, team rooms and community spaces

Alumni Engagement

Alumni Signature Events

Knowledge To Go (KTG) Webinars Continue your active learning relationships with the university through monthly one-hour webinars. Career Webinars Strengthen your competitive advantage in the workplace with these monthly one-hour webinars. Faculty Speaker Series Discuss current business trends with faculty at your local alumni chapter. Economic Forecast Events Hear exclusive economic conversations between McCombs faculty and legendary corporate executives in Texas. Alumni Weekend Return to the Forty Acres to catch up with friends and learn from faculty at this annual fall event in Austin. Alumni Business Conference Learn faculty perspectives on the hottest business topics at this annual spring event in Austin.

Economic Forecast Events

• Four sold out events held in Dallas,

Houston, San Antonio, and Austin

• Special recognition to Daron Peschel,

BBA/MPA Alumni Advisory Board, for championing these events at the Federal Reserve Banks

• 760 total McCombs/UT Alumni and guests

Economic Forecast Events cont.

• Notable CEO Executives/Speakers:

Dallas Houston San Antonio Austin

Alumni Giving Rates

Highlights: Development and External Relations

• Exceeded UT capital campaign expectations by more than $50

million

• Raised $276,798,870 – goal was $225 million
• Set all-time record in philanthropic support in 2013-14

($108,916,839)

• Annual giving of more than $2.5 million in 2013-14 – first

college/school to exceed $2 million

• Impact
• Rowling Hall
• Mulva Hall
• Endowments
• Scholarships

School Leadership

• Chairs
• Accounting – Robert Freeman
• Finance – Bob Parrino
• IROM – Steve Gilbert
• Management – Jim Fredrickson (reappointed)
• Marketing – Wayne Hoyer (reappointed)
• Herb Kelleher Center for Entrepreneurship
• Violina Rindova

School Leadership

• Hasta la vista!
• Leaving effective August 31, 2015
• Served as Dean for 7 years (2008-15)
• Stanford University
• Director of the Hoover Institution on War,

Revolution and Peace

• Interim Dean
• Laura Starks
• Dean Search

Questions, comments, discussion?

Dates to Remember

• Fall 2015
• September 25 – Council Meeting, Spouse

Program

• September 25 – Hall of Fame
• Alan Dreeben
• Ray Nixon
• Will O’Hara
• Marcie & Bob Zlotnik
• September 26 – Pre-game Reception

Thank you for attending!