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 Steve and Giselle Rohleder Wall Street for McCombs Endowed Dean’s Scholarship in Giselle and Steve Rohleder/Accenture Endowed Presidential Business Scholarship in Business George Ackert Jennifer and Ralph Hull Wall Street for McCombs Endowed Dean’s Scholarship in Financial Analyst Program Endowed Excellence Fund Business Peter and Lynn Coneway Howard Berk Hon. Peter R. and Lynn Coneway, Natalie Coneway, and Wall Street for McCombs Endowed Dean’s Scholarship in Cecile Coneway Puckett Endowed Dean’s Scholarship in Business Business Jake Foley Ada and Paul Kinscherff Wall Street for McCombs Endowed Dean’s Scholarship in Ada and Paul Kinscherff Endowed Scholarship Business Cher and Lawrence Pope John Lancaster Mr. and Mrs. Lawrence Pope Endowed Excellence Fund in Wall Street for McCombs Endowed Dean’s Scholarship in Business Honors Business Hugh “Skip” E. McGee III Wall Street for McCombs Endowed Dean’s Scholarship in Business

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) 2014 BBW Rankings 1. Notre Dame  Total applications: 6,968 (LY 6,503) 2. U of Virginia  Students admitted: 1,756 (LY 1,651) 3. Cornell  Average SAT: 1348 (LY 1361) 4. Boston College  Average High School Rank: 5% (LY 7%) 5. Washington Univ.  Percent female: 47.5 (LY 50.5) 6. UT-Austin  Valedictorians: 119 (LY 116) 7. Wharton  Texas residents: 80.5% (LY 79%) 8. Indiana  Out-of-state: 15.0% (LY 15.3%) 9. Emory  International: 4.5% (LY 6%) 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 9 th year in a row!

MBA Admissions  Fall 2015 (as of March 13, 2015)  Round 1 and 2 2015-16 USNews Rankings  Total applications: 2,128 (LY 1,980) 1. Stanford 11. Michigan  Students enrolled: 126 (LY 147) 2. Harvard 12. NYU  Average GMAT: 702 (LY 689) 3. Wharton 13. Duke 4. U of Chicago 14. Yale  Percent female: 26 (LY 27) 5. MIT 15. UCLA  Texas residents: 39% (LY 36%) 6. Northwestern 16. Cornell  International: 30% (LY 21%) 7. UC-Berkeley 17. UT-Austin  Round 2 and 3 still ongoing 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 20 th  Part of first UT Energy Week  8 th Release of UT Energy Poll, this month  5 th Annual Austin Electricity Conference, April 2015  Two Active MBA Energy Student Groups  Energy Finance & CleanTech  100 Applicants for 3 rd 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