Category: Alumni (page 1 of 3)

Military Community at McCombs

McCombs recognizes the value military veterans bring to our campus. Our community is one of support, collaboration, and dedication to prepare you for career success, which is why the Texas MBA is consistently a  top-ranked program for military MBAs.

Transitioning from military life to civilian life can be challenging.  An MBA degree can be a great resource for veterans to enhance their business skills and transition into a civilian role in the business community.

We Invite You to Learn More at the Texas MBA Military Forum!

The Texas MBA Military Forum offers future military MBAs the opportunity to meet many of the former military members currently enrolled in the Texas MBA Program, meet our top-rated faculty, and network with Texas MBA military alumni. Through this event, you’ll learn how to successfully transition from your military career to a top MBA program, as well as discover all of the resources available to you at The University of Texas at Austin.

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The McCombs School of Business and The University of Texas at Austin offer many resources to aid in the transition into civilian life and returning to school full-time to earn your MBA. See below for some of resources available to vets enrolled at McCombs.

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Connect with the Texas MBA Program at SXSW 2017!

SXSW 2017 is almost here! The Texas MBA program is gearing up for panels, pitches, and parties. Register to join us at one of the many events happening around Austin, and follow the conversation at #WhyMcCombs.

McCombs Entrepreneurship Night

Kick off SXSW 2017 with the Texas MBA and Texas MSTC programs on Saturday, March 11th, where you’ll have the opportunity to network with SXSW attendees, local entrepreneurs, McCombs students, faculty, and alumni!

This event is held at 3Ten ACL Live & is open to the public with RSVP. Priority access will be given to SXSW Badge holders, so be sure to arrive early. Due to capacity restrictions, RSVP does not guarantee entry.

Meet These MBA Startups at E-ship Night!

More McCombs & UT at SXSW

In addition to McCombs Entrepreneurship Night, UT & McCombs are hosting a series of SXSW events. Don’t miss these opportunities for networking, professional development, and fun!

Date
Event
Access
Event Info
March 11–12 UT Live @ SXSW SXSW Badge or Wristband required UT Live is two days of panels, parties, and exhibitions led by the brightest minds at The University of Texas at Austin. The event will highlight the research, innovation and thought leadership of UT’s faculty, students and programs.
March 13 ATX Startup Crawl Free and open to the public Stop by to say hello, pick up some swag, and learn more about the Texas MBA program, Texas MSTC, and the Jon Brumley Texas Venture Labs.
March 15 Entrepreneurship and Higher Education panel SXSW Badge or Wristband required Discussion of the pros and cons of higher education as it relates to starting your own company. Panel hosted by McCombs, the MBA Entrepreneur Society, and the Herb Kelleher Center for Entrepreneurship.
March 15 PitchTexas MBA Pitch Competition Finals SXSW Badge or Wristband required MBA startup pitch competition hosted by the McCombs School of Business, the Herb Kelleher Center for Entrepreneurship and the MBA Entrepreneur Society. Finalists will pitch their startup ideas at the SXSW Startup Village.

Check this SXSW 2017 Preview on the McCombs TODAY blog to consider other sessions featuring members of the McCombs community. For more info about the Texas MBA programs, visit our Facebook page or contact us!

See you at SXSW 2017!

A Unique Texas MBA Journey in Mexico City!

The internationally-ranked Texas Executive MBA at Mexico City Program is a part-time, two year program designed for mid-career professionals and executives who want to stay close to home, but still earn a U.S. MBA. This dual-degree program awards an MBA from The University of Texas at Austin and a Master’s of Administration from Tecnológico de Monterrey – Campus Santa Fe. It’s a specially-tailored opportunity for students who seek a truly dynamic MBA journey. Let’s catch up with Alumnus Daniel Galvan Duque:

Daniel Galvan DuqueDaniel Galvan Duque, Texas MBA ’15
Sr. Marketing Manager, PepsiCo, Mexico

A recent graduate from the Texas Executive MBA at Mexico City Program, Daniel Galvan Duque, has worked his way up through PepsiCo Mexico. As the Senior Marketing Manager for the Gatorade division in Mexico, Daniel is in charge of building and executing the strategic marketing plan for the sports brand. By conducting data analysis on consumers’ behavior and market trends, Daniel and his team develop the marketing campaigns that we are exposed to in our day-to-day. However, Daniel did not start his career on the Gatorade account.

In the beginning stages, Daniel worked on the bottler side of the business, working on implementing marketing activities in the field. His time on that side of the business “was interesting and educational” as he began “to understand the difficulties of implementing a marketing strategy at the consumers’ touch points,” Daniel recalls. Moving forward in his career, Daniel was given the opportunity to manage the marketing strategy for the Pepsi brand. This was especially challenging and exhilarating for him as he implemented his strategy in Mexico against large and tough competitors. Excelling in this position brought Daniel to where he is now, Gatorade, the perfect fit for our sports-loving alumni.

What was the most valuable lesson — inside or outside of the classroom — you learned while completing your MBA?
I loved the fact that there were a lot of smart people in the classes and that the weaknesses of some were the strengths of others and vice-versa. I was able to understand how important it is to work with the right people. You really do not need to know everything, you just need to make sure you are in a group of people that complement each other and the results can be amazing.

How has your McCombs MBA experience helped shape your success?
I think McCombs gave me a higher level view of business, it gave me perspective. I am much more capable of having more senior conversations with top management, which is really beginning to put me more in the spotlight. I still need to continue working on becoming a better advocate, but I do strongly believe that the program helped shape me into a better leader and a more balanced businessman.

What was your favorite memory of Austin Intensive?
I really enjoyed all of the intensives. It was a glimpse of living the Austin life. I always wished they lasted longer or that there was one every semester instead of just once every year. From walking around the 40 Acres to hitting the Gregory Gymnasium for an early run, from the case competition that kept us awake until 4:00 a.m., to going for a burger at Hopdoddy on South Congress. I would do it again anytime!

How an MBA Can Help Your Startup Succeed

From Harlan T. Beverly, PhD, Texas Evening MBA ’04

Every year, thousands of students flock to MBA programs nationwide to learn the craft of business. In recent years, many of those students  have come with a gleam in their eye, that of launching and succeeding with their own startup.  At The University of Texas at Austin, MBA applicants can earn a scholarship for their idea, assuming their idea is strong enough. One of the key questions about entrepreneurial education, though, is this: what does it take to succeed at a startup? And more to the point, is that something you can learn in an MBA program?

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2016 TVL Scholarship winners Josh Berrington (left) and William Wilder (right)

Researchers in entrepreneurship have typically focused on the attributes of the founding team as key predictors of success.  While it is obvious that certain characteristics like risk tolerance, persistence, and charisma could be helpful in getting an entrepreneur started, there is still much debate about what it really takes to have a successful startup.

In 2004, I was one of those MBA students with that startup fire in my eye.  Now, a dozen years later and with three successful startups under my belt, I believe that there are many critical things that a student can learn in an MBA program to help better their odds of success.  Here are three things I learned as part of my MBA that I have leaned on to beat the steep odds of startup success (less than 1 in 10).

First and foremost: Define success before you begin. 

Not every startup idea is destined for an IPO or billion-dollar exit.  An MBA helped me to learn how to assess the business potential of a startup idea and set realistic goals for what success looks like.  All too often, startups fizzle out because they reach too high or even achieve limited success…but fail to exit at the right time.

Second: Learn, learn, learn. 

No matter what it’s called – “market validation” or “lean startup” or listening to customers – learning, and adapting is essential to success.  My MBA helped me understand both what I needed to learn (pricing for example), and how I could learn what I needed from real customers quickly.

Finally: Success is never achieved in a vacuum.

My MBA helped me to understand the importance of networking. Hiring and firing are essential leadership skills as a company grows, and an MBA not only helps you understand the leadership principles, but also helps you develop team-based skills to work well with others. For me, it was at UT Austin that I met the co-founders of my first company, as well as many future business partners.

Clearly there are many things to learn and skills to develop as part of an MBA. Can they help an entrepreneur be successful?  Absolutely.  The University of Texas’ Jon Brumley Texas Venture Labs has proven capable of developing MBA students into successful startup founders. The new Texas Venture Labs MBA Scholarship is now open and accepting qualified applicants with world-changing startup ideas. Learn more about the application requirements and submit your application today!

Alumni Spotlight: Blanca Lesmes, Texas Executive MBA ’11

Everyone has something they’re passionate about, and for Blanca Lesmes it’s increasing the accessibility of healthcare to women. Blanca graduated from the Texas Executive MBA Program in 2011 and has used her degree to propel this passion and save the company she co-founded, BB Imaging & Healthcare Consulting, ensuring increased access to ultrasound services for women in the Austin area.

We recently caught up with Blanca to see what she’s up to and to learn about her reasons  #WhyMcCombs.

Why did you decide to pursue an MBA and why did you choose McCombs?

In 2009, my organization was struggling to remain afloat during the recession. I knew that I needed to expand my toolkit to ensure the survival of the company. After visiting a class at McCombs, I knew I wanted to be in an environment that encouraged as much learning from professors as from the talented professionals in the class.

What was the most valuable lesson — inside or outside of the classroom — you learned while completing your MBA?

Oh wow, this is tough. I learned that success in business requires surrounding yourself with amazing people.

How has your McCombs MBA experience helped shape your success?

I have a better understanding of the business cycle. I am incredibly grateful for the network of people I now call my friends. They continue to challenge my assumptions and encourage my personal growth.

Tell us about BB Imaging & Healthcare Consulting. Why did you decide to start this company? What is your role?

BB Imaging & Healthcare Consulting provides ultrasound services and business solutions in healthcare. In 2004, there was a need in the obstetrical market for ultrasound solutions in communities surrounding Austin, this was the impetus for our inception. I am currently the President of the organization. I focus on business development In addition, our organization is a Federal Contractor and my role is to expand into providing consultancy services outside of Texas.

What do you love about your job?

MY TEAM!!! I am so lucky to be able to enjoy the folks I call my team. They are incredibly skilled and masterful at what they do. I couldn’t have imagined working with a kinder bunch.

What do you like to do outside of work?

I am passionate about working to increase accessibility of healthcare to women. Currently, I am on the board of an educational non-profit and a non-profit dedicated to providing women in Malawi (Africa) access to care. I love brainstorming new business ideas and problem solving. On a personal note, I have a tween and a teenager who keep me busy and fulfilled.

What advice do you have for future Texas MBAs?

Just jump! Do not overthink this decision. Many people do what I call “self de-select”. Meaning, applicants don’t even submit applications to the admissions committee because they determine themselves under-qualified. I challenge new candidates to present their best application and attempt this amazing journey. The worst that can happen is not enrolling in the fall which is the same outcome if one doesn’t apply. I say deal with “potential” disappointment and just jump.

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