Advisory Council Meeting November 12, 2010 Welcome & - PowerPoint PPT Presentation

Jeff Harbach, MBA 2011 Pre-MBA MBA

Why am I here? Build and Grow TVL Principal Meetings 36

Why am I here? Cross-Campus Collaboration Classroom Meetings 37

Why am I here? Entrepreneur Interaction Meeting with Entrepreneurs 38

Todd Davidson, PhD Mechanical Engineering Who am I and Where did I come from? Aust stin in San Antonio Tucson -B.S. Engineering -MS & PhD - Mech. -Missile Defense Engr. -Outdoor Guide Architecture -Power Generation -Cross-Country -Patented Guidance System Aust stin in Tucson -Entrepreneurial -NVC Family -Goettl Davidson -Love Competition Consulting, LLC -Math 39

Why Am I Here? • Experience • Collaboration • Networking 40

Current TVL Progress • Currently working two deals: Wibole -Completed primary and -Expanded value proposition by secondary market research. increasing market size with -Advised company on go to research on nonsurgical market strategy. applications. -Connected entrepreneurs with -Participated in Angle meeting potential technology adopters. that led to funding event. 41

Hands-On learning for SCM A collaboration between Target Corporation and University of Texas--Austin Eva Agoulnik, Jared Pelley, and Dr. Michael G. Hasler McCombs School of Business The University of Texas at Austin

Our story • How we collaborated with Target • Describing the process • Student Perspective — Eva • Student Perspective — Jared Dean’s Advisory Council

SCM and Target in Hong Kong Dean’s Advisory Council

Our Partnership • Target has recruited heavily at UT for the past several years, but only recently in SCM • UT visit to Target HQ in May 2009 • “The map” Dean’s Advisory Council

Process • Decided on 3 products with different characteristics Texas ROOM CIRCO Instruments ESSENTIALS • 18” Sleep and Feed • BA II Plus • Home Patio Baby Doll calculator Set • Tracked products “upstream” at each stop in the process – Store - Entry Port – RDC - Exit Port – Deconsolidator - Consolidator – Customs - Manufacturer Dean’s Advisory Council

Student Perspective EVA AGOULNIK FINANCE MAJOR, CLASS OF 2012 Dean’s Advisory Council

Hong Kong • International Business Hub • Combines Cultural, Educational, and Business aspects • Global Perspective Dean’s Advisory Council

Experiential Learning • Process Analysis — Long Beach Ports and Yantian Container Terminal • Batch Sizing — Hong City Toys and Shincrest Furniture • Queuing Theory — Shanghai World Expo and Target Store Checkout Dean’s Advisory Council

International Connections • Experiential • International Network • Recruited On the Great Wall Dean’s Advisory Council

Student Perspective JARED PELLEY SUPPLY CHAIN MANAGEMENT MAJOR, CLASS OF 2012 Dean’s Advisory Council

Living the Map: Target Distribution Flow TARGET Import Warehouses Headquarters Overseas Vendors (Minneapolis, MN) TARGET Local Target Store South China Overseas & Domestic Domestic Austin, TX Regional Distribution Ports De-consolidators Centers Long Beach, CA Midlothian, TX Los Angeles, CA Domestic Vendors Domestic Consolidators Dean’s Advisory Council

Education through Experience • Watching T.I. Calculators being made at Kinpo • Applying Operations Management lectures • Walking the assembly line with Dr. Hasler • Adding value to stand out during interviews Dean’s Advisory Council

Lessons in Management • The labor force • Risk management • Ripple effect of decisions • Accuracy that is good for society and the bottom line • Inventory Modeling in Dr. Hasler’s class Dean’s Advisory Council

Xie Xie! Dean’s Advisory Council

Dean’s Advisory Council

Break – 15 minutes

UT & McCombs Admissions Augustine Garza Deputy Director UT Office of Admissions

McCombs School of Business Augustine Garza - Nov. 12, 2010

FALL 2010 ENROLLED STUDENTS 51,195 – Total Enrollment 7,275 – First time freshmen 773 – First time freshman McCombs School of Business Fall 2010: Apps (5685/1980 HB 588) Admits (1377/938 HB 588) Enrolled (773/571 HB 588)

MCCOMBS 2010 FRESHMAN CLASS ALL 40% DIVERSE 45% 47% WOMEN 54% 53% MEN 46% 85% TEXAS RESIDENTS 88% 10% NON RESIDENTS 8% 5% INTERNATIONAL 4% 64% 1800-2400 SAT (1920 MEAN SAT) 50% (1820 MEAN SAT) 74% TOP 10% EXPLICIT RANK 75% 59% > $100,000 FAMILY INCOME 47%

PATHWAYS TO UT – 2011 COHORT • Automatic Admission for the top 8% TX HS Graduates • Competitive Admission Review for non-top 8% • Coordinated Admissions Program • Transfer Admission • Community College and Core for students eligible for UT Austin admission.

APPLICATION DEADLINES • Freshman Admissions Deadline – December 1 – Scholarship and Honors Programs • Transfer Admissions Deadline – Summer/Fall – March 1 – Spring – October 1

ADMISSIONS PROCESS Programs with Impacted Enrollment • McCombs School of Business Top 3% • College of Communications Top 8% • Cockrell School of Engineering Top 1-7% • School of Nursing Top 3% • Department of Kinesiology Top 8% • School of Architecture College discretion • College of Fine Arts College discretion

PERSONAL ACHIEVEMENT INDEX 6 Regular Admit 5 4 3 Wait List Review 2 Coordinated Admissions Program 1 380 370 360 350 340 330 320 310 300 290 280 270 410 ACADEMIC ACHIEVEMENT INDEX 000

NEW STRATEGIES • RECRUITMENT • COLLABORATIVE • YIELD

RECRUITMENT AND CUSTOMER SERVICE EXPANSION

North and West Region Dallas Admissions Center Pan Handle Area (Amarillo) (2000) Lubbock (5) 1 Admissions Counselor 1 Director El Paso (3) 2 Admissions Counselors Dallas (5) 1 Administrative Assistant TOTAL STAFF: 13 1 Financial Aid Counselor Abilene Area East and Gulf Coast Region West Texas Admissions (San Angelo) Longview (4) Center 1 Admissions Counselor Houston (6) (2010) Area HUB (Lubbock) 1 Director TOTAL STAFF: 10 1 Administrative Assistant East Texas Admissions Center South Plains Area (Midland- (2010) (Longview) Odessa) 1 Director (Fort Stockton & Pecos) 2 Admissions Counselors 1 Admissions Counselor 1 Administrative Assistant Pecos Van Horn El Paso Admissions Center Fort Stockton (2011) Beaumont Orange (Van Horn, Alpine & Marfa) Alpine Marfa 1 Director Port Arthur 1 Admissions Counselor Del Rio 1 Administrative Assistant Undergraduate Admissions Center Houston Admissions Center (1985) (1995) (Central Texas I-35 Corridor) (Beaumont, Port Arthur, Orange, 6 Admissions Counselors & Victoria) 1 Administrative Associate 1 Director 3 Admissions Counselors Alice Corpus Christi 1 Administrative Assis tant 1 Financial Aid Counselor San Antonio Admissions Center South and Central Region (2005) Valley Admissions Center San Antonio (5) 1 Director (2007) (Harlingen) 2 Admissions Counselors Laredo (1) (Corpus Christi) 1 Administrative Assistant Austin (6) Laredo Admissions Center (2011) 1 Director 1 Financial Aid Counselor (Del Rio & Alice) 1 Admissions Counselor Valley (5) 1 Financial Aid Officer 1 Admissions Counselor TOTAL STAFF: 17 1 Program Coordinator 1 Administrative Assistant

Advanced Admissions

LEGISLATIVE UPDATE SENATE BILL 175 • UT not required to automatically admit more than 75% of available Texas spaces. • UT must announce automatic percentile by September 15 to Junior class • Sunsets after 2015 – 2016 • Students can be admitted Summer or Fall • Students must take 6 hours in non-peak times • 10% non-resident limit for Full Time Freshman • Community College Automatic Admission

DETERMINING TOP 8% PERCENTAGE NUMBER CUMULATIVE CUMULATIVE N % TOP 1% 1366 1366 12% TOP 2% 1254 2620 22% TOP 3% 1075 3695 31% TOP 4% 1068 4763 40% TOP 5% 974 5737 49% TOP 6% 943 6680 57% TOP 7% 906 7586 67% TOP 8% 848 8434 72% TOP 9% 840 9274 79% TOP 10% 874 10148 86%

We Change People; They Change the World .

UT & McCombs Admissions Paula Murray Associate Dean, Undergraduate Programs McCombs School of Business

Dean’s Update Tom Gilligan Dean McCombs School of Business

McCombs Strategic Priorities  Excellence  Research at McCombs should have a demonstrable impact on business and management thought, practice, and policy-making.  Teaching at McCombs should be effective, innovative, and lead other institutions of business education.  Distinctiveness  Some of our academic pursuits should be truly distinctive in business education.  These sources of distinctiveness should be unique to McCombs and difficult to imitate.  Integration  Our academic programs should integrate knowledge in ways useful to students.  Research that creates and integrates knowledge across interdisciplinary boundaries should be rewarded.  Where relevant, knowledge produced throughout the University should be integrated into our programs.  Community  A community that offers students, staff, and faculty the opportunity to develop to their fullest potential.  Alumni, friends, and business partners are valued community members.

BBA Program  Accomplishments  Incoming class is top-notch, with high GPAs and highest average SAT score in years (1293-89 th percentile)  BHP is one of the top honors programs on campus and in the nation  Last year offered top incoming students four-year scholarships — doubling efforts for the coming year  82% of grads reported permanent job offers  Global education remains a priority  Currently have programs in 23 countries

BBA Opportunities  Last year 67 scholarships to BBA and BHP students and 22 accepted  For 2011, adjusting our amount to be offered – $10,000/year for BHP and $5,000/year for BBA students  Size attracts top quality recruiters, but class size continues to be an issue  Smaller classes are easier in a non-traditional classroom experience, such as case-based teaching and experiential learning  All upper classmen now required to attend ethics training before beginning the interview process  Meets increasing emphasis on ethics by employers  More students taking advantage of BBA Career Services

MBA Program Highlights  MBA Program office restructured to leverage the portfolio of programs  MSTC now with McCombs  Applications increased in 4 of 6 programs  Full-time MBA  Average GMAT 685 (89 th percentile); 33% female  New flexible core implemented and well-received  DFW & Houston  Residential component now optional  Moved to new permanent facilities  Full-time Career Services  Solid outcomes with steady salaries and above average placements

MBA Program Challenges  International student loans  Domestic lenders have withdrawn from international student loan market  High cost of student loans in home countries  State restrictions  International student employment  Need for connections abroad  Staff retention  Affected by budgetary challenges of UT  Operating at capacity — no slack

MPA Program Contributions  Serving employers and society  Provides high-quality students to marketplace  Alumni are recognized leaders in accounting firms  Grads represented in all levels of industry and government  Brings stature to School  Attracts top faculty  Rich research environment, depth of knowledge  Contributes to school’s strategic initiatives

MPA Opportunities and Challenges  Scholarships  Attracting and retaining under- represented minorities  Sufficient staff to meet aspirations  Limited summer graduate offerings  Establishing meaningful relationships with alumni

Importance of Ph.D. Program  Ph.D. program is vital to support the school’s research mission and academic reputation  Vibrant Ph.D. program needed to attract top faculty  Faculty members look to collaborate with Ph.D. students on research projects  Journal publications, awards, and placements at top universities enhances the McCombs School’s academic reputation and influence

Ph.D. Program Structure The McCombs School offers five Ph.D. programs: No. of Ph.D. Students Department as of Fall 2010 Accounting 16 Finance 22 IROM 31 Management 16 Marketing 11 TOTAL 96  Goal is to train, mentor, and equip students for productive academic careers.  Program is highly selective. Only around 7% of applicants are admitted; average GMAT is 720  We consciously limited size of program to around 100 students in various stages of the program, to ensure adequate supervision and support for the students.

ExecEd 2009-10 Achievements  Realized a 12% increase in business  Open enrollment programs had 506 participants (436 participants prior year)  Re-launched eight-class series in Energy Finance  Dramatic diversification in Custom Programs  30 partners, including ExxonMobil, Shell, St. Jude’s, AMD, Dell & Polycom)  First-time custom partners include: National Oilwell Varco, Chicago Bridge & Iron, Mustang Engineering, USAA and Walmart  Also, new week-long U.S. immersion programs delivered for MBAs from Chile, China and India  Overall program delivery days increased from 313 in 2008- 09, to 378 in 2009-10  More days of programming already scheduled for 2010-11 than were run last year

ExecEd: Looking Forward  Project continued double-digit growth in Custom and Open Enrollment programs  Focus on serving Texas businesses  Texas has over 300 public companies with $100M+ revenue  Expanding international MBA immersion programs  Represented 31% of custom activities last year  Recently became a GSA-certified provider of services

Communications Department  Accomplishments  Implementing new strategic direction  Texas Enterprise Business & Policy News Site  New McCombs TODAY Alumni & School Site  New OPEN magazine from McCombs School  Providing technology support and training  Energy Management & Innovation Center  Texas Venture Labs  Faculty and Program Office Blogs & Social Media  On-going media relations success  NPR, New York Times, BBC, Houston Chronicle  Telling the McCombs Story in compelling manner  LINGO, Home Page Banner, Matt Miller story

Communications Department  Opportunities  Staff training and job restructuring  Change of focus from marketing support to editorial writing and video production  Creating technology infrastructure for online pubs  Texas Enterprises and McCombs TODAY sites  Video posting, blog servers, captioning  Managing cost of printed materials  Planning opt-out card for next alumni magazine

Alumni Relations & Annual Giving  Achievements  Alumni community  Creating a rich community through online content, alumni- maintained chapters  Launched a campaign to update and maintain alumni contact information  McCombs expertise  Sharing expertise through multiple communication channels, including social media  Annual Giving participation  Increased participation in annual giving campaigns through education and marketing  Overall giving has increased  First-time donors have increased  Online giving is steadily improving

Alumni Relations & Annual Giving  Alumni giving  Becoming more difficult to reach alumni/friends via phone  Alumni either feel spammed by the University or they never hear from the University… need a healthy balance  Strategic partners for the future  Faculty : sharing McCombs knowledge and expertise, incorporating faculty into alumni community  Corporate Relationship Management : continue to maximize gift match opportunities through corporate matching gift campaigns  Major Gifts : identifying prospects through recognition sites  Texas Exes and other CSUs : collaborative events and programming, sharing UT knowledge and expertise  Advancement Services and Communications : packaging and sharing McCombs knowledge and expertise, expanding online communications, particularly social media  Campus Information Technology : improving alumni access to secure information

What else…  Budget  Further contraction in State support  Creativity to further the goals and strategies of the school  Re-accreditation  AACSB-Association to Advance Collegiate Schools of Business  Review visit – February 13-15, 2011  Facilities Master Plan  Presentation at next Advisory Council meeting  Website

Questions?

Capital Campaign Update Nick Ferrara Assistant Vice President for Development The University of Texas at Austin

Campaign for Texas Update Nick Ferrara Friday, November 12, 2010

Campaign For Texas Impact Dr. Karl Gebhardt, Herman and Joan Suit Professor of Astrophysics Led team that received $8 million National Science Herman and Joan Suit Foundation grant Created a $500,000 endowment to to retain top faculty member study at UT dark energy

Campaign for Texas Update $ 1.25 billion 41.5 % towards our goal Average raised per year: $ 304 million

Campaign for Texas Update Broad Participation 98 % of gifts are under $ 10,000 Leadership Gifts 2 % of gifts comprise 86 % of the dollars

Campaign for Texas Update Alumni New Records in 2009-2010 Participation 156,000 gifts 22 % have made gifts 115 bequest 37 % first-time donors commitments

McCombs School of Business Update Increase Increase In Gift Officer In Major Gift Donor Visits Solicits ($25K+) FY ’09 928 FY ’09 $20.3M FY ’10 1,077 FY ’10 $26.4M YTD (Sept. – Oct.) YTD (Sept. – Oct.) FY ’10 266 FY ’10 $ 8.5M FY ’11 290 FY ’11 $10.5M

Dates to Remember… Spring 2011  March 10, 2011 – Annual Council Dinner  March 11, 2011 – Council meeting and spouse program Fall 2011  October 27, 2011 – New Member Orientation & Committee Meetings (tentative)  October 28, 2011 – Council Meeting, Spouse Program & Hall of Fame  October 29, 2011 – Dean’s Pre -Game Reception