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.” Read more ›
Originally posted by Renee Hopkins on McCombs Today.
Laura Kilcrease, MBA ‘92, founder and managing director of Triton Ventures and a 25-year veteran of the Austin technology scene, is the 2012-13 entrepreneur-in-residence at the Herb Kelleher Center for Entrepreneurship at McCombs. Kilcrease’s nine-month appointment will complement her continuing work at Triton Ventures, identifying and managing capital investments in the renowned Austin startup community.
As entrepreneur-in-residence, Kilcrease will mentor students and curate two expert-speaker series with guests from the startup and venture communities.
“Laura brings a wealth of know-how and knowledge from the startup process through the incubation process and venture capital funding,” said John S. Butler, director of the Kelleher Center. “She has a deep understanding of how to grow businesses around businesses, as well as how to deconstruct and reconstruct business models to achieve significant results.”
Kilcrease’s two expert-speaker series are co-sponsored by the Kelleher Center and the AT&T Executive Education and Conference Center. “Entrepreneurship Live” features speakers who are serial entrepreneurs, on a second or subsequent startup. They’ll talk and answer questions about structuring a startup, seeking funding, building a team, getting your first product out the door, and creating an exit strategy. The next speaker in that series is Brett Hurt, founder and CEO of Bazaarvoice, who will speak Oct. 23. Read more ›
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.
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.
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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.
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.
Originally posted by Matt Turner on McCombs Today.
In The Economist’s annual ranking of MBA programs, McCombs rose into the top 30 in global rank, and cracked the top 20 on the domestic front—a first for both.
In the British magazine’s 11th listing of 100 full-time MBA programs around the world, McCombs climbed to rank 28, representing its third year in a row to rise and its highest global rank ever in this survey.
Among U.S. schools, the Texas MBA Program jumped to 18, its best U.S. performance ever and the first time to crack the top-20.
The top three global spots, respectively, went to the University of Chicago, Dartmouth and the University of Virginia. Only four U.S. public schools ranked higher than McCombs: Virginia (3), Berkeley (6), UCLA (23), and Michigan (24). Read more ›
This past Thursday, dozens of Texas MBA students were introduced to the “idea pitching” process at the McCombs Entrepreneur Society’s 11th annual Pitch Party. More than 40 representatives from 29 companies and organizations were on hand for the event, which was sponsored by Austin-based Spiceworks.
During the event, students pitched start-up ideas to “investors” that included prominent members of the greater Austin business community and McCombs faculty, staff, and alumni, receiving instant feedback regarding competitive analysis, market validation, and value/pain tradeoffs. If the pitch was successful, a student received “venture funding,” and at the end of the evening, the pitchers with the most funding received prizes. Below are the winners from this year’s event:
- 1st – Kevin Terwilliger
- 2nd – Josh Tinch
- 3rd – Dan Driscoll
- Spiceworks Spice Award – Kristin Wilcox
- Banger’s Hospitality Award – Jenny Larsen
- Build-A-Sign Honorable Mention – David Carter
- Electronic Arts Honorable Mention – Brian McDermott
This past Thursday, Walmart’s chief financial officer, Charles Holley, BBA ’79, discussed business strategies for the 21st Century with a small group of Texas MBA students.
“Having face-to-face time with the Walmart CFO for an hour with only 20 of my classmates reminds me of why I made the right decision in coming to McCombs. Opportunities like picking the brain of a high-powered executive from a well-respected, global company is exactly the sort of thing students at this school can expect on a regular basis. I walked into the conference center knowing that Walmart is a low cost retailer and little else, so having Charles Holley unravel his company strategy as far as cutting costs and expanding to new markets was an eye-opening experience. But the best part of the talk, hands down, was the five minute one-on-one chat I had with him near the end of the hour.” – Ricardo Ybarra, MBA ’14
Holley joined Walmart in 1994 and has been chief financial officer since 2010. He serves on the Advisory Council for the McCombs School and is engaged with Walmart’s philanthropic support of diversity and sustainability at McCombs.