McCombs TODAY

Mary Barth, professor of accounting at Stanford University, spoke recently at McCombs’ MPA Distinguished Speaker Lyceum. A former member of the International Accounting Standard Board (IASB), she explained how the board evolved, its structure and goals and progress in adopting the International Financial Reporting Standards (IFRS) around the world.
“We live in a global economy and need a [...]

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Eric Hirst, associate dean of the MBA program, launched the VIP Distinguished Speaker Series Sept. 29 in an interview with Stacy Smith, CFO, Intel. Smith has been with Intel since he earned his MBA from McCombs in 1988. Below are a few highlights from the interview.

Smith on Leadership.mp3 (1m24s, 1.4MB)
Smith recommends taking on the tough tasks to stand [...]

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The University Investors Association (UIA) and the Texas Analyst Association’s (TAA) are hosting a Financial Modeling Workshop Tuesday, Sept. 29. This is the first in a series of workshops to be offered throughout the semester. It will cover cash flow projections and a simple DCF valuation model, coupled with tips and shortcuts for Excel.
Seating is limited, [...]

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Internet gains vs. Wall Street Innovations
The Hindu, Sept. 9, 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 are contrasting value systems at play in the universally beneficial development of the world wide web and the skewed financial [...]

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FInd MBA Blog, July 11, 2009
“In my view, the financial downturn has actually made teaching finance a little easier,” said Greg Hallman, McCombs finance lecturer. “At its core, finance is the study of risk and return. The past couple of years in the market have given students a perfect illustration of risk and the downside [...]

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Bloomberg, July 1, 2009
Commentary by David Reilly
Markets sank last year. So too did hedge-fund performance. Markets soared in the just-finished quarter. Hedge funds notched up big wins. Now remind me why they are called hedge funds.
Bull-market geniuses may be a better moniker. For all the talk of being able to make money whether stocks rise [...]

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This week, McCombs Senior Finance Lecturer Sandy Leeds blogged about Friday’s job report, which he says showed significant improvement, but still reveals a terrible job market. He also predicts who will be “the next GM” and offers a discussion of the most recent insult to Citi–being removed from the Dow Jones Industrial Average.
Print version of [...]

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Professor of Finance Lewis Spellman presents a four-part lecture series on the economy, titled “The Economy and Financial Markets: Yesterday, Today and Tomorrow.”
Each lecture is 7:30-9 p.m. at the AT&T Executive Conference Center on the UT Campus, and is open to the public. (Note: An earlier version of this post incorrectly listed the time of [...]

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By Sandy Leeds, senior finance lecturer at McCombs
Treasury Secretary Geithner came up with a “new” plan to remove toxic assets from banks’ balance sheets.  As a first step, Geithner apparently got his marketing people involved.  He no longer refers to “toxic” assets.  They are now known as “legacy” assets. There are two types of legacy [...]

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By Sandy Leeds, senior finance lecturer at McCombs
FHA – Future Chaos. The FHA does not lend money directly to homebuyers. It provides insurance. The FHA’s share of the mortgage market was 2% three years ago. Now, it’s almost a third of all mortgages. The FHA has become the only option for homebuyers who don’t have [...]

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