BHP Students Spend Summer Abroad in Argentina

Argentina Group Photo

This year was the second year BHP offered the short-term study abroad program in Buenos Aires. This five-week summer program allows BHP students take two management courses while studying at one of the top business schools in Argentina, the Universidad de San Andres. The program is so popular, it took less than a week to fill all of the spots this year.

Once again, the group stayed in the beautiful neighborhood of Recoleta in central Buenos Aires. Students were able to experience class both at the downtown campus as well as the main campus of Universidad de San Andres. They earned six hours of credit towards their degree, taking Organizational Behavior (MAN336H) taught by McCombs professors Ethan Burris and Doug Dierking and Non-Market Strategies in Emerging Markets, taught by an English-speaking professor at the host university. “The two classes were definitely manageable for the five week program,” said BHP junior Zach Weissgarber. “Each night we would have some reading to prepare for the next class discussion, and we occasionally had write-ups and essays due for each course along with exams.  It’s remarkable that we were able to accomplish so much coursework in such a short period of time.”

The program wasn’t all work and no play though. Students participated in planned cultural activities such as a visit to an Argentinean Estancia (a ranch), where they tasted typical Argentinean food and learned about the Gaucho culture. They also attended a Tango show, followed by private Tango lessons where they got to try it out themselves. They also organized their own trips to Igazú Falls, Mendoza, Uruguay and even Brazil. Weissgarber said the visit to the falls was his favorite part of the trip. “The last weekend in Argentina we visited Igazú Falls, one of the seven natural wonders of the world.  We spent an entire day hiking the park trails to different viewpoints and overlooks to see all of the waterfalls, and we also had the chance to take a boat ride to the base of the waterfalls.”

Sophomore Bryson Hearne captured the trip to the Falls and the entire five weeks in a series of videos. “For the past few years, my older brother used a Go Pro to video our family vacations. I loved being able to actually look back on the places we visited. I did not want my experiences in Argentina to fade with time. The videos have also helped me share what happened in Argentina with friends and family back home. Rather than trying to explain what all had happened, I can point people to my videos,” he said.

This year was special with the FIFA World Cup going on next door in Brazil.  Argentina being one of the best soccer teams in the world was in full “soccer fever” mode, so watching the games with the locals and supporting both the USA and Argentina teams became a big part of this year’s experience. In fact, the group even organized their own inter-program soccer matches where BHP played against the BHP/MPA group.

2014 Buenos Aires Group“I would definitely recommend the trip and the course to other students.  My five weeks in Argentina were unmatched by any other trip I’ve taken before,” said Weissgarber. “If I had the opportunity to go back, you can bet that I would be on the next 11 hour plane ride to Buenos Aires to do it all over again.” Hearne agrees, “My trip to Argentina was one of the coolest things I have ever done. I wish every BHP student has the opportunity to do something similar.”

BHP students interested in the 2015 Buenos Aires program, should check with the BBA International Programs office for registration dates and procedures. Registration for the program will occur in the fall.

Check out these videos from the trip done by Bryson Hearne.

Argentina Part 1

Argentina Part 2

Argentina Part 3

BHP Advisory Board Chair, Dominic Sung, Honored with McCombs Rising Star Award

Dominic Sung, BHP ’03, BBA ’03, recently took on the role of chair for the BHP Advisory Board and is being honored with the prestigious McCombs Rising Star Award during the McCombs Hall of Fame ceremony on November 9. The award is presented to alumni no more than 10 years out from graduation who have been successful professionally and helped strengthen the McCombs Alumni Network. Dominic, who is a Director of Structured Products in the Integrated Supply and Trading Group at BP, is looking forward to enhancing the BHP for future generations of students in his new role as chair of the board. He took the time to chat with us about his role at BP, his time in the BHP, and his plans for the alumni board.

What are you currently doing for BP?

In the Structured Products Americas team, we deal with counterparties that BP transacts with directly over the counter.  We create and execute tailored risk management structures for these customers in order to hedge their energy commodity risk.  Businesses have exposure to price risk around energy commodities due to the input or output of their business, and we help them manage this risk. For example, there might be a steel company that burns natural gas to smelt their steel. Natural gas price changes significantly affect their bottom line. They may call us and talk to us about how to manage this risk in order to meet their objectives, which may involve how they purchase the physical commodity and/or the financial hedging around that. We help create and execute solutions for each counterparty’s unique risk profiles.

You have been with BP since graduation. What do you love about working there?

I like it for the same reason I liked being in the BHP. It is a large company with a lot of assets and a big balance sheet behind it, but I am in a small group, working in a specific industry I enjoy. It is similar to how the BHP provided me a small group within a large university with many assets. I also like that I get to work in a global and exciting environment with no two days that are alike.

How have you determined when you were ready to make a move at BP?

I started in an analyst program, doing four roles in three years. I then found a more permanent role after that. It is a very performance driven environment. Your compensation is directly related to your performance. Many people in this job environment are less worried about titles and more worried about performance. For me, personally, it is about managing what is tantamount to my own piece of business.  When I feel like I have exhausted the growth opportunities within what I am doing and am not challenged at a level I am comfortable with, it is time to move on to something else or change what I am responsible for.

What does the typical work day look like for you?

Every day and every client is different. I cover 200+ clients and they are all very different. I have to work to understand their business, and their needs, and solve those particular problems. I end up having to travel quite a bit to meet with my clients (which always sounds more glamorous than it is).  On those days the schedule can be rough, catching early flights and returning on odd-houred flights to be back in the office for the next day.  On a “regular” day in the office, I’m usually at my desk and booted up by around 7:00AM, eating at the trade desk during lunch, and leaving by about 5:00pm.  While the schedule can be demanding, the work keeps it fun and interesting. I use more of my finance education than I ever thought I would. Because of the complex financial derivatives I am working with, I use it all.

Why did you want to serve on the alumni board?

I have been blessed with many things and have always enjoyed giving back. I got a tremendous amount of benefit from the BHP and UT and want to ensure that the program is as beneficial for those coming after me as it was for me, hopefully improving upon it as well. As the program improves, so does the value of my degree. I feel like it is my responsibility to give back and help out where I can.

How would you like to see the BHP alumni community come together in the next year?

The BHP set us up for success. I want to foster a culture of staying involved. All of us have strong relationships with the people we went through the program with. It is about extending that back to the program and coming together not just for social purposes, but to impact the program. I would encourage our alumni to reconnect with each other and give money, time, or whatever they can to help the program and to build a strong alumni network.

What skills should BHP students have who want to do something similar to what you are doing?

They need to have a high level of intellectual curiosity, mathematical skills and finance acumen. They should also have the ability to process information quickly, be decisive and be adaptable. I think the BHP sets you up for that very well through extensive group work. If you can’t deal with people, you can’t do my job. We sit in very close quarters here and work with a lot of clients.

What advice do you have for current students?

Take advantage of all of the resources that are at your disposal at UT. If you have an interest in something, go and explore it while it’s available to you. There are so many organizations and resources. Business is applicable to whatever you are really interested in. Find what it is that you are passionate about and apply business skills to it.