Category Archives: Announcements

Texas MBA Women Beat The Gender Pay Gap For The First Time

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Originally posted by Renee Hopkins on McCombs Today.

Woman with moneyStacey Rudnick is not often surprised by data. But she was both thrilled and surprised recently by data indicating that women from the Texas MBA Class of 2012 have closed the gender pay gap, earning larger salaries on average than the men from their class.

“I had to look at the numbers twice,” said Rudnick, who is Director of Career Management at McCombs. But subsequent viewing proved her right – the average post-graduate base pay for class of 2012 women is $106,073, compared to $104,631 for men from the same class.

“This is new. We have seen women’s salaries coming out of B-school get closer and closer to men’s since 2010,” said Rudnick, “but last year there was still a $2,500 wage gap in base salary for women. It is wonderful to see that gap closed.” Continue reading →

New TVL Scholar Program Enables Entrepreneurs To Fund Their MBAs With A Business Plan

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Originally posted by Renee Hopkins on McCombs Today.

Texas Venture Labs Scholar Program will award scholarships to entrepreneurs

Texas Venture Labs Scholar Program will award scholarships to entrepreneurs

The Jon Brumley Texas Venture Labs (TVL) has just announced its new Texas Venture Labs Scholar Program, in which entrepreneurs are awarded scholarships to pursue their startup businesses as part of earning their MBAs.

“Many of our best MBA startups come from students seeking our top-ranked entrepreneurship program, arriving with a business idea and using coursework to incubate their idea,” said MBA program director Christina Mabley. “With the TVL Scholar Program, we are recognizing and funding this fast-growing cadre of MBA applicants.”

The total potential value of each TVL Scholar award is $175,000. Competition winners will receive a scholarship package of $50,000, and their startups will be accepted into the Texas Venture Labs accelerator program, also valued at $50,000. Winners will also be automatically considered for a TVL summer internship and for a prestigious position as a postgraduate Accenture TVL Venture Partner, a combined value of $75,000.

“The Texas Venture Labs Scholar Program pulls together all the attributes that entrepreneurs look for when starting a business,” said Rob Adams, director of Jon Brumley Texas Venture Labs. “The Austin startup ecosystem, McCombs’ top-ranked MBA and entrepreneurship programs, and the significant track record of Texas MBAs starting businesses on graduation. Combining these attributes with scholarship funding enables entrepreneurs to radically accelerate the development of their business while earning their MBA at McCombs.” Continue reading →

Texas MBA Student Wins Entrepreneurial Pitch Competition

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This past weekend, McCombs dual degree student Dan Driscoll, MBA and MA in Communication ’14, claimed the grand prize at the 2nd annual Reaching Out MBA Entrepreneurial Pitch competition while representing the startup reQwip. Dan competed against representatives from many of the top business schools to win the competition’s $5,000 cash grand prize.

“This was absolutely the most difficult pitch and most scrutinizing and accomplished judges reQwip has ever faced. To win at a major national event in an all-or-nothing contest against startup teams from Harvard, Yale, MIT, Cornell and many other top business schools is an incredible moment. We really feel like this shows the strength of the students, faculty and administration at The University of Texas at Austin and further validates the quality and opportunities that are unique to Austin, Texas.” Continue reading →

Texas MBA Now On Facebook And Google+!

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We’re excited to announce that the Texas MBA Program is now on Facebook and Google+! Along with our Twitter and YouTube, these two platforms will allow you to keep up with everything that’s going on in our program, including the latest news, events, interesting articles/photos/videos, and more. Connect with us today!

Texas MBA on Facebook   Texas MBA on Google+   Texas MBA on Twitter  Texas MBA on YouTube

McCombs 2nd For Best Professors, Campus In Princeton Review Rankings

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Originally posted by Jeremy Simon on McCombs Today.

McCombs School of Business students are among the happiest in the nation when it comes to both their campus environment and the quality of their professors, according to new survey results from the Princeton Review.

Campus environment and professor quality make McCombs students some of the nation's happiest

McCombs has placed in the top 10 for best professors for four straight years..

McCombs placed among the top 10 in two categories — best campus environment and best professors — out of the Princeton Review’s 11 attribute rankings. Based on student responses to survey questions, McCombs ranked:

  • No. 2 for best campus environment, based on student responses regarding how happy they are and how they rate the campus community. Only UCLA scored higher for campus environment.
  • No. 2 for best professors, based on student responses regarding how good their professors are as teachers and how accessible professors are outside the classroom. Only Berkeley professors were rated more highly.

Although earning silver medals in two categories marked a banner year for McCombs, it wasn’t the first time students have given such high marks to the business school. With this latest survey result, the Princeton Review has now placed McCombs professors among the top 10 in the nation for four straight years.

McCombs Team Wins National Energy Finance Challenge

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Last week McCombs hosted the 8th annual National Energy Finance Challenge - and for the 3rd year in a row, a team of Texas MBA students took home the victory! Sixteen teams from business schools across the country competed in this year’s event. The McCombs team was in the finals with 2nd place Ross, 3rd place Wharton, and 4th place Darden.

The National Energy Finance Challenge is a business case competition focused on real-life finance issues within the energy industry. The purpose of the event is to bring corporate executives and recruiters from world-renowned companies with links to the energy industry into contact with the very best MBA students from around the country, and to provide a unique learning experience for the students involved.

Energy Finance Challenge Winners

Pictured left to right, the winning McCombs team members: Dilin Naidoo, Chase Machemehl, Matt Walters, Chris Stanton, and Mark Marmolejo

The UT Tower will soon be lit burnt orange in honor of the team’s national win. More details about the tower lighting will be sent out when the date is finalized.

Thank you to Lauren Martin, Willie Okpoyo and the Energy Finance Group officers and volunteers for organizing this year’s National Energy Finance Challenge.