Working Professional and Executive MBA Final Application Deadline Coming Up On May 25

(Watch this video on YouTube)

With the final application deadline for the Texas Evening MBA, Texas MBA at Houston, Texas MBA at Dallas/Fort Worth, and Texas Executive MBA programs less than one month away, we want to remind you that we are here to help you and answer any questions you have along the way.

While we have seen strong demand for these programs with our classes almost half-full, there is still space available, and we encourage you to get your application in by the final deadline of May 25th.

On each Monday leading up to the final deadline, members of the Admissions Team will be sharing tips and tricks right here on the MBA Insider in order to help you get everything completed and get your application in.

In the meantime, check out the recording of our Tips and Tricks to the Application webinar for an overview of the application process.

We look forward to reading your application.

Hook’em!

 

Evening MBA Student Brings Business Idea To Life

I recently caught up with Alex Letichevsky, a member of the Texas Evening MBA class of 2012, to ask about a company that he recently started here in Austin called Lonestar Syndicate.

alex photo

What is Lonestar Syndicate?
Lonestar Syndicate is an endeavor initially started to allow young professionals to invest in local businesses instead of the general market or real estate. We pool funds and invest in ventures with acceptable risk.  Future expansion involves putting our investors onto company boards and eventually providing business consulting services once we gain enough brand recognition as a company.

How did you come up with the idea for Lonestar Syndicate?
I wanted to start my own company but didn’t have a specific idea in mind and nothing really excited me from the many ideas out there to dedicate 60-80 hours of my time per week.  I wanted to work with many startups and didn’t really want to dedicate myself to a single startup for two to three years just to see results.  I decided the VC route makes a lot of sense as the primary job of a VC is meeting people, screening business ideas, and then investing in profitable opportunities.

Have you always been interested in venture capital?
More and more as I’ve matured personally through my professional, personal, and educational life.  It only began crystallizing about 1.5 years into my MBA as I realized I want to be my own boss and was figuring out the way to reach that goal.

Can you talk about some of the projects you are working on?
The project that jumpstarted Lonestar Syndicate, LLC is Bungalow – a new bar opening on Rainey St in approximately a month. Their need for investment capital gave me the chance to utilize my connections (friends and classmates) that were of like mind. We pooled our capital, evaluated the opportunity, and invested for a stake. After this first project, we then found an amazing opportunity with Progress Coffee. Progress is a successful local Austin coffee shop that was looking to grow to new locations. After we had invested capital with Progress, we realized that we had a unique opportunity in the Texas service economy and that we could expand Lonestar Syndicate.

How has being in the Texas Evening MBA program helped you to get the company off the ground?
I’ve made connections with business owners through my classmates and I recruited some TEMBAs to help me with this venture.  Five other members of Lonestar are TEMBAs and one of the businesses we’ve invested in has been through a connection made through TEMBA.

How would you describe this experience so far?
Have we encountered stumbling blocks? Yes! Have we learned a great deal? Yes! Will we keep going until we fall flat on our face or succeed? You bet!

Texas MBA Program at SXSW 2012

If you follow our posts here on the MBA Insider, then you likely heard us talking last month about our plans for SXSW Interactive (SXSWi). With the event bringing in nearly 25,000 people, including the “Who’s Who” of the tech industry and promising entrepreneurs, we felt that getting involved with the event was a no-brainer.

“It was great to be part of McCombs’ official engagement with SXSW – it is so unique that essentially the entire web, social media and entertainment industries come to its backyard to collectively explore innovation. These spaces have continued to grow aggressively through the emergence of new companies which perfectly complements Austin’s startup and creative communities. Providing a formal mechanism for all of the alumni to reconnect, and for current students to get unprecedented access to industry leaders, is a spot on way to distinguish McCombs.”
- Bart Bohn, Founder and CEO, AuManil and Texas MBA Class of 2007

Through events like Startup Village, the Texas MBA Ignites SXSW Startup Village networking reception, and the SXSW Trade Show, our students, alumni, faculty, and staff were able to mix and mingle with industry executives, prospective students, and other SXSWi attendees. Having a presence at the event not only allowed us to make many great connections, but also to further increase awareness of the McCombs brand, while reinforcing our reputation as an innovative, entrepreneurial, collaborative and tech savvy organization.

Alumni Volunteers

Chris Treadaway (third person from right), MBA ‘05, CEO of Polygraph Media and Aaron Lyons (second from right), MBA ‘11, founder of Urban Dish joined us at the Alcatel-Lucent Trend Lounge to talk with visitors about the program.

SXSW Networking Event

The Texas MBA family came together at Vince Young Steakhouse for the Texas MBAs Ignite Startup Village networking reception. In this photo, Associate Dean for Graduate Programs at McCombs, Eric Hirst (on left), is pictured with Ryan Hand, Elizabeth Nichols, and Mike Svatek, all of Bazaarvoice.

MBA Student Volunteers

Current students, alumni, and MBA and MSTC staff members maintained the booth, sharing their experiences in the program and connecting with potential employers and prospective students. At the booth, we held raffle drawings each day (for Mack Brown autographed footballs, among other prizes), and of course handed out tons of burnt orange Texas MBA swag!

With the help of our great sponsors, volunteers, and staff, it is safe to say that our first experience at SXSW truly exceeded expectations. A HUGE thank you goes out to all the people listed below–we couldn’t have pulled it off without you!

Sponsors: AMLI Residential, Bazaarvoice, Famigo, IC2/Austin Technology Incubator, Moth to Flame, MSTC (Master of Science Technology Commercialization), Ordoro, Polygraph Media, Texas Venture Labs, Urban Dish, UT System Office of Technology Commercialization, and Vince Young Steakhouse.

MBA Alumni: Q Beck from Famigo, Naruby Schlenker from Ordoro, Aaron Lyons from Texas Venture Labs and Urban Dish, and Chris Treadaway from Polygraph Media

MBA Student Volunteers: Christine Chen (and Moth to Flame volunteers), Jessica Cheng, Josh Tinch, Josh Gladding, Emily Behncke, Laura Shaham, Jenny Gibson, Anne Hallock, Shivani Arora, Solu Nwanze, Scott Gabriel, Dan Scellen, Dan Amodio, Chris Atkins, Praveen Katta, Lauren Martin, Lakshmi Gupta, Andrew Koperwas, Cheryl Lewis, Erik Norwood, Larcombe Teichgraeber, Shina Kim, and Alejandra Carlos-Padilla

MSTC Program Representatives: Vanessa Manley, Dr. Gary Cadenhead, Dr. Bob May, Ashwin Kumar, Guanyan Cai, Toni Miranda Arranda, and Virgil McCullough

MBA Staff: Angela Zerda, Susan Masson, Yvette Brown, Scott Good, Michelle Hardy, Kurt Mitschke, and Courtney Seager

For more photos, and to see what others thought about the event, also check out our post on Storify.

Texas Evening MBA Women Pay It Forward

On March 22, five women in the Texas Evening MBA class of 2012—Mae Sattam, Marisa Maricich, Anna Hernandez, Shreedevi Niyogi, and Kim Zipfel—teamed up with the Ann Richards School for Young Women Leaders to put their skills and experience to use for the benefit of the school’s promising young women. Kim, who has been involved with the Ann Richards School for several years, recently spoke to me about the project.

What inspired you to do this?

Kimberly Zipfel

During a TEMBA 2012 women’s cocktail party we had at a cohort’s home, we got to discussing how some of the guys in our class volunteered at schools in Cambodia and Vietnam after our TEMBA Global Management trip to Ho Chi Minh City. We were so inspired we decided the ladies of our class also needed to “pay-it forward”; even though it would have to be on a much more local level!

What made you choose the Ann Richards School?

Since I moved to Austin in 2007, I have been affiliated with the Ann Richards School one way or another through various organizations and I knew just how much our skills and experience could be used to benefit the school’s promising young women. After attending a tour and appreciation breakfast at the school on behalf of the Texas Wall Street Women, I got to talking with the school’s Project Specialist who worked with us to come up with numerous ideas as to how the women of TEMBA 2012 could make the biggest impact.

How were you able to make the biggest impact?

The young women are in the process of interviewing for mandatory summer internships and college acceptance, so we coordinated a mock interview event with the students and collected and donated professional business attire for the young ladies. Two of our female cohorts even coordinated with their companies to make summer internships available for the students!

What kind of response did you get from the young ladies? How did they react to this opportunity?

We were forewarned that many of the young women who signed up for our event were on the more timid side, so they were very much looking forward to the interviewing practice to prepare them for their actual interviews later this spring. Before meeting the students, I was concerned that engaging in a conversation might be like pulling teeth, but I was immediately proven wrong.  Beginning with our first introduction, the students were confident, polished, prepared, and professional. We were blown away with their thorough and insightful answers. So much so that we discussed how they answered our questions better than we could! It was obvious the students put a lot of work into their preparation for our event.

What was the most rewarding part of the project?

I think we all walked away feeling so privileged to be a part of something so much larger than ourselves. These young women are in the process of making a huge impact both within their families and within our community. To be a part of that process is such an honor.

 

Working Professional and Executive MBA Programs 2012 Women’s Forums

On Saturday, March 24, the Texas MBA for Working Professional and Executive Programs held Women’s Forum events in Austin, Houston, and Dallas-Fort Worth, hosting more than 50 prospective women MBAs and showing them what makes the Texas MBA so special.

“From the students, faculty, and staff that contributed to the women that attended the Forum, the event brought the entire Texas MBA family together with the Longhorn Spirit. The alumni’s honesty and passion, Professor Meakin calling on the Forum attendees in his Business Law class, and the UT staff’s attention to detail while organizing the day all supported the legacy of the world renowned Texas MBA: high caliber, collaborative, and diverse.” – Nicole Wood, MBA Class of 2013 and a host of the Texas MBA at Houston Women’s Forum

Houston Women's Forum Attendees

Gina Whitfield, right, and Nicole Wood, second from right, meet with prospective MBA students at the Texas MBA at Houston Women's Forum on Saturday, March 24.

The Women’s Forum exhibited the well-rounded aspects of the Texas MBA and allowed attendees to discover how the Texas MBA Program can unlock their potential and help them develop as business leaders, advance their current career, or even make a career change. Women’s Forum attendees had the opportunity to hear an overview of the Texas MBA program, understand the value proposition of the Texas MBA, and connect with women in the program to learn about their Texas MBA experience.

“Choosing to pursue an MBA presents unique challenges for women, especially working professionals,” says Allison Kroll, a member of the MBA Class of 2013 and a host of the Texas MBA at Dallas-Fort Worth Women’s Forum. “What I believe the Women’s Forum provides is a realistic insight into the program and a candid discussion of the challenges working-professional students face, from the current and former students who have lived it.”

April Events Schedule

April Events

During April we will be hosting information sessions for all programs, as well as a Texas Evening MBA webinar on the first Wednesday of the month. Come see us in Austin, Houston, and Dallas/Fort Worth–or even join us online–to learn about the Texas MBA Program from current students and staff.

We hope that you can make it out to one of these events!