McCombs TODAY

News from the McCombs School of Business

Entries from November 2009

TEMBA Alum, eVapt Founder Discusses Acquisition, Entreprenuership Resources at McCombs

October 30th, 2009 · Filed under: Alumni News · MBA · Top Stories

Posted by Rob Meyer

On Oct. 19 it was announced that MagnaQuest, a Hyderabad, India, company had acquired eVapt, an Austin company which has its roots with the Texas Evening MBA program (TEMBA). Both companies are involved in providing cloud computing solutions.
Shortly after the acquistion, TEMBA Director Trent Thurman interviewed Ranjit Nayak, MBA ‘07, who founded the company along [...]

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For Buffett Biographer Schroeder, Challenging Her Weaknesses Leads to Biggest Success

October 30th, 2009 · Filed under: Alumni News · Events · Top Stories

Posted by Amber Walkowiak

Alice Schroeder, BBA ‘78, MBA ‘80, author of “The Snowball: Warren Buffett and the Business of Life,” spoke on campus Oct. 28 as part of McCombs’ VIP Distinguished Speaker Series.
Schroeder began by explaining that she is not the type of person who was engineered for success.
“I came here not knowing what I wanted to do,” said Schroeder. [...]

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McCombs Business Honors Students Take Third in Eller Ethics Case Competition

October 28th, 2009 · Filed under: Honors & Awards · Student News · Top Stories

Posted by Amber Walkowiak

McCombs Business Honors students Eric Sung and Jeffrey Siegel won third place in the Seventh Annual Eller Ethics Case Competition held Oct. 22-24.
The competition, hosted by the Eller College of Management at the University of Arizona, presents pairs of business students from around the world with a business ethics case that they could face in [...]

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Former Wal-Mart CEO Lee Scott on Hard Work, Integrity and Doing Things Differently

October 27th, 2009 · Filed under: Events · Top Stories

Posted by Amber Walkowiak

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Lee Scott, chairman of the executive committee of the board of directors and former CEO of Wal-Mart, spoke with Dean Thomas Gilligan on campus Oct. 12 as part of the VIP Distinguished Speaker Series.
Dean Gilligan began by asking Scott about his very first job, which Scott said [...]

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McCulloch Illustrates BART Method of Data Analysis

October 27th, 2009 · Filed under: Faculty News · Research · Top Stories

Posted by Amber Walkowiak

Bayesian statistics is not, perhaps, the most accessible field of study, but Robert McCulloch, a professor of Information, Risk, and Operations Management at McCombs, opened up this important topic at a Faculty Research Presentation Oct. 20.
McCulloch, an internationally renowned statistician, illustrated how he uses BART (no relation to the Simpsons), a computer system that can analyze data [...]

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Paula Murray’s Statement on the McCombs School’s Commitment to Ethics and Honor

October 23rd, 2009 · Filed under: School News

Posted by Rob Meyer

The McCombs School of Business has a commitment to honor and ethics. It is apparent to me, judging from comments and inquiries I have received recently, that our students, faculty, staff and alumni believe strongly in these principles as well.
We derive this high standard from the university of which we are a part. Our purpose [...]

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Texas BBA Team Sole Undergraduate Finalists in 2009 Net Impact Resource Challenge

October 22nd, 2009 · Filed under: BBA · Honors & Awards · Student News

Posted by Tracy Mueller

A team of McCombs undergraduate students were selected to be one of three finalists for the Net Impact Resource Challenge.
Bijal Mehta, Elaine Hsu and Zoe Gabbard were the only undergraduate students to enter, and they beat out more than 30 MBA teams for a spot in the finals. The Resource Challenge is a mini-case competition [...]

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FASB Board Member Linsmeier Defends Fair-Value Accounting

October 19th, 2009 · Filed under: Events · MPA

Posted by Tracy Mueller

On Oct. 13, the MPA Distinguished Speaker Lyceum hosted Tom Linsmeier (left), a member of the Financial Accounting Standards Board (FASB). Fifth-year MPA student Doug Bedell shared this dispatch from Linsmeier’s talk, which he says was “one of the most riveting” Lyceum talks yet:
Dr. Linsmeier’s speech passionately defended fair-value accounting, a subject that, as of late, has [...]

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Whinston Named Distinguished Fellow at INFORMS

October 19th, 2009 · Filed under: Faculty News · Honors & Awards · Top Stories

Posted by Rob Meyer

Andrew Whinston (right), McCombs professor in the Department of Information, Risk, and Operations Management was named a Distinguished Fellow at the annual meeting of the Institute for Operations Research and the Management Sciences (INFORMS) Oct. 11-14 in San Diego. INFORMS is the largest professional society in the world for the field of operations research. Whinston [...]

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Konana: Outrage Over Obscene CEO Pay Justified

October 19th, 2009 · Filed under: McCombs in the Media · Opinion

Posted by Rob Meyer

The Hindu, October 16, 2009
Prabhudev Konana is the William H. Seay Centennial Professor and Distinguished Teaching Professor at the McCombs School of Business at The University of Texas at Austin.
There is justified public outrage at the obscenely large executive compensation. Should the government regulate compensations in the private sector even when there is no government [...]

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