Post on 17-Jul-2020
Advisory Council Meeting
November 8, 2013
Administrative Housekeeping Outgoing Chair – Alan Dreeben Incoming Chair – George Seay, CEO,
Annandale Capital, LLC Incoming Vice Chair – Bob Zlotnik,
Managing Partner, BZMZ Interests, Ltd.
Welcome & Introductions George Seay Chair
New Advisory Council Members
Paul Aaron
Partner, Investment Banking
Goldman Sachs New York, NY
John Bass Principal, Chase Capital JP Morgan Securities, Inc. Houston, TX
New Advisory Council Members
Richard Folger
President and Chief Executive Officer
Warren Equipment Company
Midland, TX
Clement Marcus Partner, EP Marcus
Investments And Partner, MIMCO, Inc. El Paso, TX
New Advisory Council Members
Jimmy Nakfoor Owner Palm Street Capital, LP Houston, TX
Tony Schell Managing Director Escalate Capital Partners Austin, TX
New Advisory Council Members
Andrew Vo Managing Director Accenture Houston, TX
Shawn Wells Chief Operating Officer East Lodge Capital Partners London, UK
Members starting second term
Brian Gladden Aaron Kozmetsky John Lancaster Jr.
Steve McGaw Niloufar Molavi Shea Morenz Erin Nelson
Norma Petrosewicz Brien Smith Sam Susser
New life members
Alan Dreeben Paul Kinscherff Skip McGee III
Tom Ryan Stacy Smith Gary Weed
Introductions Please briefly introduce yourself Name Company Location
Recognitions Tom Gilligan Dean
Recognitions Dean’s Circle (gifts of $10,000+ September 1, 2012 – August 31, 2013)
Paul R. Aaron John L. Adams Les L. Allison Teresa D. Binning I. Jon Brumley J. Timothy Byrne Gary T. Crum Kenneth P. DeAngelis Alan W. Dreeben Robert D. Duncan Kathleen W. Farlow Mark D. Gibson John C. Goff William C. Helms
Charles M. Holley, Jr. Joe E. Holt Shawn M. Hurwitz Gary C. Kelly R. Paul Kinscherff S. Todd Maclin Clement L. Marcus John H. Massey J. Scott Mattei J. Marc Myers James M. Nakfoor Ray Nixon, Jr. William P. O'Hara Thomas L. Ryan
George E. Seay Paul Siegele Brien P. Smith Steven M. Sterin Bryan D. Stolle Sam J. Susser Jeffrey L. Swope Ralph B. Thomas Jere W. Thompson Lynn M. Utter James C. Weaver Charles M. Wender
Recognitions Endowments (Established September 1, 2012 – August 31, 2013)
Susie and John L. Adams Endowed Dean’s Scholarship in Business Susie and John L. Adams Endowed Presidential Scholarship in Business George R. and Pamela A. Ackert Endowed Dean’s Scholarship in Business Mr. and Mrs. Les L. Allison and Family Scholarship J. Timothy Byrne Endowed Excellence Fund in Real Estate Lorrie Byrd DeAngelis and Ken DeAngelis Endowed Presidential Scholarship in Business (Robert Duncan) Transwestern Endowed Excellence Fund in Real Estate (Mark Gibson) HFF Endowed Excellence Fund in Real Estate Jastrow Endowed Presidential Scholarship in Business Carol and Gary Kelly Endowed Scholarship Elizabeth S. Massey and John H. Massey Endowed Presidential Scholarship in Business Marc and Jan Myers Endowed Dean’s Scholarship in Business Ray and Denise Nixon Endowed Dean’s Scholarship in Business Ray and Denise Nixon Endowed Presidential Scholarship in Business (Tony Schell) Jim Nolen Award for Excellence in Graduate Teaching Jeffrey L. and Ann L. Swope Endowed Excellence Fund in Real Estate Andrew Phong Vo Endowed Presidential Scholarship in Business
Recognitions Lifetime Leaders (cumulative lifetime giving of $500,000+ through August 31, 2013)
Mr. and Mrs. John L. Adams Mr. and Mrs. Louis G. Baldwin II Mr. and Mrs. I. Jon Brumley Mr. and Mrs. John W. Carpenter III Mr. and Mrs. Gary T. Crum Mr. and Mrs. Jack D. Furst Mr. and Mrs. Robert H. Graham Mr. and Mrs. Thomas O. Hicks Mr. and Mrs. Kenneth M. Jastrow Mr. and Mrs. Herbert D. Kelleher
Mr. and Mrs. John H. Massey Mr. and Mrs. Red McCombs Mr. and Mrs. John D. McStay Mr. and Mrs. James M. Neissa Mr. and Mrs. Ray Nixon, Jr. Mr. and Mrs. William P. O’Hara Mr. and Mrs. William E. Rosenthal Mr. and Mrs. Jeffrey L. Swope Mr. and Mrs. Robert S. Zlotnik
Corporate Recognitions
Ernst & Young for providing $500,000 grant to create the Ernst & Young Accounting Ambassadors Program Special thanks to Tim Griffy and Ellen Glazerman
Deloitte for $500,000 grant to support the creation of a unique interactive classroom Special thanks to Kathleen Farlow
Pepsico for $100,000 four-year commitment to be the Business Honors Program 2017 Class Sponsor Special thanks to George Legge and Gary Murtha
Corporate Recognitions
Walmart and Deloitte Consulting for involvement and leadership investment as founding executive sponsors of the Master of Science in Business Analytics Special thanks to Charles Holley, Kaye Cullum and Jonathan Trichel
Intel for committing $225,000 to create the Corporate Finance Fellows Program, a fellowship program focused on corporate finance Special thanks to Stacy Smith
Business Foundations David Platt, Associate Dean, Undergraduate Program Regina Hughes, Director of the Business Foundations Program Steve Limberg, Director, Master of Professional Accounting Program
Texas Business Foundations
Program (BFP)
David Platt Assoc. Dean for Undergraduate Programs
Regina Hughes Director, BFP Program
Stephen Limberg Faculty Director, MPA Program
Rob Schnieders Chief Learning Officer, Deltak
Texas Business Foundations Program (BFP)
What is the BFP?
“Certificate” program for non-business majors from all colleges on campus
Fundamentals of business 8 courses offered 6 courses required to earn
transcriptable certificate
Texas Business Foundations Program (BFP)
Brief History Created in 1993 under UT
President Bill Cunningham Allowed business majors greater
opportunity for small-class learning
Created separate program for non-business majors, giving them the ability to focus on their own major while incorporating the core concepts or “Foundations of Business”
Texas Business Foundations Program (BFP)
Statistics In 1992: 10,000 BBA students In 1993: 3600 BBA, 4000 BFP Currently: 4500 BFP students and
4400 BBA students, graduating 1000+ of each annually
The McCombs/BFP brand has now reached over 175,000 students
Brief History Created in 1993 under UT
President Bill Cunningham Allowed business majors greater
opportunity for small-class learning Created separate program for non-
business majors, giving them the ability to focus on their own major while incorporating the core concepts or “Foundations of Business”
Texas Business Foundations Program (BFP)
An Evolution… 20 years ago… BFP for UT-Austin Students
6 years ago… Integrated Summer BFP Program for UT-Austin students
Summer 2014… Health Care Summer BFP Program for UT-Austin students
2014… Rollout of On-line BFP Program for Non-UT students
2014-2015… Rollout of On-line BFP option for UT-Austin students
Texas Business Foundations Program (BFP)
All colleges participate Liberal Arts Communications Engineering Natural Sciences Social Sciences Education
All classes offered every semester Large lecture format Study abroad options
Program design Economics and Statistics
co-requisite Modeled after BBA core
Accounting Information Systems Management Marketing Business Law Finance
Also offered currently International Business Entrepreneurship
New Program Options for BFP Students Started with an idea at Halliburton
“Summer Institute” 2008 Collaborative effort with all
colleges on campus STEM focus: targets “best
and brightest” Sponsored since inception
by Halliburton An an 8 week/15 credit
“Boot Camp”
Texas Business Foundations Summer Institute July 2-July 31, 2014
Tremendous growth since 2008 Over 450 students from all colleges on campus have participated Students tell it best – let’s hear from a few of them!
New student opportunities for 2014 TBFSI- Industry is our original program, still supported by Halliburton
Special tuition reduction given to select STEM students Accounting, Finance, Marketing, Management, International Business.
TBFSI- Healthcare is our new version of the program opening in 2014 Targeting health professions majors, open to all students interested in “the
business of healthcare” Accounting, Finance, Management, Law, Entrepreneurship
TBFSI plans to register 200 students for Summer 2014.
Both programs include Rigorous 15 credits and 5 classes Marketplace and stock market simulations Professional development classes with mock interview day Leadership training and Ethical decision making Etiquette luncheon, guest speakers and more
Admission Requires 3.0 GPA Tuition: UT students $4,650 (includes books) Now open to current undergraduates outside of UT, space permitting
(check our website for special Texas Exes family pricing)
Texas Business Foundations Summer Institute July 2-July 31, 2014
6 7 8 9 10 11 12
9:00-10:30 ACC 3 Financial Statements
MKT 4 Consumer Decision
Making
FIN 4 Time Value of
Money
MKT 6 Segmenting & Target
Markets
JOINT SESSION FIN - Exam 1
10:30-12:00 FIN 3 Tools of Finance
ACC 4 Financial Statements
MKT 5 Business Marketing
FIN 5 Federal Reserve Monetary Policy
JOINT SESSION Guest Speaker
Intro to Law
12:00-1:30 LUNCH LUNCH LUNCH LUNCH LUNCH
1:30-3:00 MAN 3
Understanding Individual Behavior
I B 1 Global Markets
Quiz
MAN 5 Understanding
Groups and Teams
I B 2 Marketplace Simulation
PROF DEV 2 Resumes
3:00-4:30 MKT 3
Marketing Environment
MAN 4 Workplace and
Individual Behavior
PROF DEV 1 Cover Letters
MAN 6 Strategic Management
MAN 7 Leadership
Climbing Mt. Everest
Texas Business Foundations Summer Institute Sample Week Calendar
Everybody needs a little bit of business
For more information and/or Summer Institute application Visit McCombs Website: http://www.mccombs.utexas.edu/bba/business-foundations
Visit BFP Office CBA 2.210 & 2.214 Office Hours: Mon-Fri 9-10am
Video from Summer Institute
“Texas means Business – see you in class!”
BFP Online
Origins – early 1990s, dedicated to online education 33 institutions, 72 fully online programs, >1,500 courses Services provided: A to Z
Development 2013-14 Launch 2014 Roles Steve Limberg, BFP Online Development Coordinator/Liaison
Gaylen Paulson, BFP Online Business/Administrative Affairs
Institution-to-Institution (I to I)
Business-to-Business (B to B)
Business-to-Customer (B to C)
Potential Students
BFP Online
UT-Austin Students (non-MSB)
Non-UT students
BFP Online
Internal External Better serve UT-Austin Extend the MSB Brand
+
Purposes
BFP Online
Courses - BBA Core The Original Six . . . Accounting Information Systems Management Marketing Business Law Finance
All Six BFP Certificate
BFP Online
Course Design Open entry – exit dates Self-paced TA support Graded Identity verification
Initial Offerings Specific entry – exit dates Semi self-paced
BFP Online
Development Faculty 17 leading teachers
2-4 faculty per course 5 department chairs Teaching awards all, including - 2 Regents Outstanding Teaching Awards - 3 Academy of Distinguished Teachers - 3 Texas Exes Teaching Awards
Pedagogy Progressive . . .
interactive . . . engaging Examples follow…
BFP Online
Simulations/competitions Integrated cases Videos – faculty, experts, guests, students Voice-over & animated illustrations Student/instructor “community” Peer feedback and review Mobile devices
Course Experience
Student-Learning System Interface
BFP Online
Integrated Cases
BFP Online
Definition
Definition Design
Production and Programming
Production and Programming
Design
Definition
Definition
Definition
Definition Design
Production and Programming
Production and Programming
Design
Production and Programming
Production and Programming
Design
Design
2013 2014 June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June
Course 1
Course 2
Course 3
Course 4
Course 5
Course 6
Course Completion Timeline
BFP Online
Steve Limberg, Faculty Director MPA Program BFP Online Development Coordinator/Liaison (512) 471-5347 stephen.limberg@mccombs.utexas.edu
Gaylen Paulson, Assoc. Dean & Executive Ed. Director
BFP Online Business/Administrative Affairs (512) 471-8541 gaylen.paulson@mccombs.utexas.edu
BFP Online – MSB Contacts
Break
15 minutes
Rowling Hall Update Todd Schliemann Ennead Architects
School Update Tom Gilligan Dean
School Updates Financial Status and Program Performance McCombs School of Business AT&T Executive Education and Conference Center McCombs School of Business Foundation
Faculty Productivity Student Outcomes Student Quality External Support School Highlights
McCombs School of Business
McCombs School of Business
McCombs School of Business
AT&T Center Performance 2008-09 Actual
2009-10 Actual
2010-11 Actual
2011-12 Actual
2012-13 Actual
2013-14 Budget
Total Revenue
16,968,076 22,016,433 25,515,281 27,745,001 30,731,903 30,866,982
NOI after Amort.
(4,483,267) 568,130 2,038,889 3,790,390 5,374,614 4,932,219
Total Debt Svc & Interest
5,551,507 4,723,711 4,728,731 4,741,472 4,711,260 4,753,142
Occupancy Percentage
56.4% 71.6% 76.4% 77.3% 80.2% 79.8%
Avg Daily Rate
$139.09 $148.48 $158.15 $169.67 $183.97 $185.29
McCombs School of Business Foundation Total Assets (8/31/13) = $18,854,660 Foundation Activities Student Investment Fund Diversity Scholarships Faculty Development Strategic Investments
Land purchase for Rowling Hall Online Business Foundations Development
Supporting Vehicle for Executive Development Program
Faculty Productivity
Faculty Productivity
Faculty Productivity Teaching awards UT System Academy of Distinguished Teachers
inaugural year; McCombs awarded 2 of 12 Robert Prentice, Chair of BGS and Faculty Director
of BHP John Daly, Liddell Carter Professor in UT’s College
of Communications and a Texas Commerce Bancshares Professor in the McCombs Department of Management
Faculty Productivity Teaching awards McCombs Teaching Awards Faculty Honor Roll
In the past four years, students have ranked our professors in the top 10 best - #2 this year (Princeton Review)
Student Outcomes: PhD Program
Student Outcomes: BBA Program
Student Outcomes: BBA Program
Student Outcomes: MBA Program
Student Outcomes: MBA Program
Student Outcomes: Specialty Masters Programs
Student Quality: BBA Program
Student Quality: BBA Program
Student Quality: MBA Program
External Support: Campaign for Texas
$13,835
$9,339
$35,969
$13,491
$19,257 $28,306
$41,260
2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13
Goal = $225,000,000 Current total = $164,155,016*
(thousand)
*Includes 2013/14 contributions
Our Turn campaign Living Alumni MBA = 19,294 BBA = 68,186 MPA = 6,973
Alumni giving participation met goal of 8% in 2012-13 2013-14 goal is 10%
External Support: Annual Giving
External Support: Annual Giving McCombs Alumni Participation Rates
FY 2000-01 through FY 2012-13
External Support: McCombs Scholars Program Overall Scholarship giving
Goal of 375 scholarships
External Giving: Endowment Growth Endowments
External Support: Institutional Giving Corporate and Foundation Giving
External Support: Top Institutional Partners Top 25 Corporate Partners
Accenture AMD AT&T BBVA Compass BP Chevron ConocoPhillips Dell Inc. Deloitte Dr Pepper Snapple Group Exxon Mobil Corporation EY
GM Foundation Goldman Sachs Halliburton KPMG PepsiCo, Inc. Phillips 66 PwC Shell Oil Company Southwest Airlines Target Corporation USAA Walmart Inc. Wells Fargo
(5 years, alphabetical)
School Highlights MBA Scholarships for Entrepreneurs MSTC Completes Strong Year with
Competition Wins First runners-up 30th Annual Global Venture Labs
Investment Competition Wells Fargo Clean Energy Prize winners
MSTC #5 in the world! (Eduniversal Best Master Ranking for Engineering and Project Management)
School Highlights Minority Student Outreach Continues
Undergraduate Subiendo (26% now at UT-Austin; 15% at McCombs)
McCombs Future Executive Academy Discover Yourself in Accounting Majors & Careers McCombs Diversity Council Student Orgs (such as ALPFA, BBSA, HBSA…)
Graduate Texas MBA Diversity Forum Forte Foundation (founding member)
Consortium for Graduate Study in Management (member for 27 years)
School Highlights Stepping Forward in Healthcare Solutions
School Highlights
Undergraduate Energy Management Program 18 hours of energy management coursework
Geology, Oil and Gas Law, Real Estate Law, Petroleum Operations, Energy Technology & Policy
Open to any major at UT Recognized on transcript
First cohort launched Summer of 2013 33 students (12 from McCombs)
Raising endowment for long-term support
Questions, comments, discussion?
Dates to Remember Spring 2014 March 27 – Advisory Council Dinner March 28 – Council Meeting and Spouse
Program
Thank you for attending!