Category: Career Resources (page 3 of 5)

McCombs Students Venture to Houston for Healthcare Innovation

For many people, the first few things they think of when they think of Texas are the energy market and BBQ. However, Texas is also home to some of the finest medical centers and research facilities in the country, and is quickly becoming a hotbed for healthcare innovation. With the forward-looking Dell Medical School opening up this summer, the future of healthcare looks very optimistic.

Group at TMCx

The MBA Healthcare Association at TMCx

SO, in the midst of cramming for corporate finance finals, finishing human capital papers, and PowerPoint decks for strategic marketing presentations, the MBA Healthcare Association decided to take a break and trek down to Houston, TX to check out the Texas Medical Center’s TMCx accelerator and innovation labs, and Johnson & Johnson’s Innovation JLABS facilities.

The TMCx accelerator is a 4-month program that helps healthcare startups by providing offices, co-working space, and professional services to help develop and grow their business model. They even actively foster relationships between the accelerator companies and  providers at the Texas Medical Center! We toured their highly modern co-working, office and education spaces, all solely devoted to healthcare companies. We also met one of their accelerator companies, Braincheck, who is developing a digital cognitive assessment tool. After chatting with them about their time as a healthcare startup and their experience in the TMCx accelerator, they quickly turned us into test subjects for their product!

JLABS

The Johnson & Johnson Innovation JLABS

Moving next-door to JLABS, we were blown away by the size and modernity of the facility. Wandering through, we explored the 35,000+ square foot, state-of-the art laboratory and healthcare technology development equipment. Companies that pass the selective application process can rent out this space at an extremely reasonable rate of $1,000 per month, with JLABS creating an environment that enables these companies to focus 100% of their attention on their product development.

Touring these two facilities was not only educational and enjoyable, but also eye-opening to how healthcare innovation and product development are changing. Clearly, good times are in store for the companies at TMCx and JLABS – we can’t wait to see what’s next!

First-Year Texas MBA Student Wins Consulting Case Competition

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Last month, the Texas MBA at Houston Consulting Club, the Consulting Club at the Jones Graduate School of Business, and the Consulting Club at the Texas Medical Center hosted the first annual Greater Houston Consulting Case Competition. Ten students from the Texas MBA at Houston Consulting Club represented McCombs and came together with students from the other two organizations to form six mixed teams.

Participants had 5 hours to get acquainted, analyze the case, create a slide deck, and practice their presentation. All of this preparation was then expended in a 10 minute presentation to spectators and guest judges from McKinsey, BCG and Ernst & Young. After careful deliberation, the judges announced the top-performing team, who won the $500 prize! Ashutosh Shinde (MBA ’17) from McCombs, Felipe Armaza and Paul Surpenant from Jones, and Alessandro Alabastri from the Consulting Club at the Texas Medical Center were selected as the winning team of the 1st annual competition.

The purpose of the event was to:

  • Boost awareness and interest in the consulting career track
  • Provide participants with the ability to showcase the key skills that consulting firms are looking for such as teamwork, analytical ability, communication, problem-solving, and business acumen
  • Provide a venue where individuals pursuing a career in consulting can network, both across the various consulting clubs in Houston and also with current consultants
  • Unite the local candidate pools and open the door for holding more joint events between the MBAs, PhDs, and MDs within consulting clubs
  • Demonstrate to consulting firms that Houston has an extremely attractive recruiting pool

Team 3 - Houston Case competition Alessandro Alabastri (CCTMC), Paul Surprenant (Jones), Ashutosh Shinde (McCombs), Felipe Armaza (Jones)

The case centered on the future of Apple Inc., exploring three new (actual or potential) product offerings: the watch, the television, and the car. Given the current market trends and Apple’s previous successes, the teams prepared a recommendation outlining the optimal product portfolio for Apple to focus on in the near future.

Teams were assessed on their ability to create, assemble, and present their recommendations to judges, founded thorough data-backed analysis and representing a practical and economically feasible business strategy for Apple to potentially implement. Judges additionally considered the team’s poise while answering questions, the creativity behind their analysis, and the level of professionalism demonstrated by the team members.

Congratulations to Ashutosh and the rest of the Texas MBA at Houston Consulting Club!

 

Original Source: Consulting Club at the Texas Medical Center

McCombs Career Management: Texas MBAs are in Demand!

MBA Career Management at McCombs works with the most discerning employers seeking innovative talent to fill their emerging leadership roles. With a student-focused Employer Relations team, we are working to create unique recruiting opportunities at global organizations throughout the year for companies that range from multinational organizations to start-ups, across the technology, finance, consulting and consumer segments. From preparing you for a summer internship to watching you land your ideal post-MBA position, we provide career resources every step of the way.

Dow - Texas MBA Students

 

The Class of 2015 had 90% job placement after graduation! The Financial Times gave McCombs its highest Global Ranking in over a decade for 2015, calling out the strength of Job Placement Success with a rank that jumped 10 spots globally to #18, making McCombs #1 in the state of Texas. Check out our full Career Statistics Report.

Our career advisors are professionally trained to help you assess and refine your post-graduate career goals through one-on-one guidance with additional support from Peer Advisors and specialized coaching resources. We work with you throughout your McCombs experience to create a customized strategy and timeline for your recruiting journey. We work to ensure our coaching services are student-focused and relevant, providing:

  • Resources, coaching and events for students interested in entrepreneurship, startups, corporate social responsibility, and nonprofit sectors.
  • Assessment and one-on-one advising to clarify the interests, motivators, and skills to craft a career plan that combines passion with talent.
  • Recruiting and networking events that leverage our students, our brand, and our geography:
    – Major career fairs on campus in the fall and spring.
    – 1st year career treks from coast to coast (New York, Seattle, and San Francisco) and in our own backyard (Austin, Dallas and Houston).
  • McCombs Entrepreneurship Night is a bi-annual event which highlights successful McCombs entrepreneurs from the Texas MBA Program while giving students a chance to network with Texas MBAs, alumni, local entrepreneurs, and either Austin Startup Week attendees in the fall, or SXSWi attendees in the spring.

    daniel goldberg“With the broad alumni base at both Texas and the MBA program, it’s been incredibly easy to get warm introductions at firms that I previously would have had no access to. Furthermore, I find the skills I learned at school are giving me the credibility needed to jump into more senior management roles as well. Finally, with my summer internship at Adobe, I’m confident McCombs played an intricate role at helping me to achieve my future career goals.”

    Daniel Goldberg, MBA ’16

SXSWi 2016: McCombs Entrepreneurship Night & Trade Show Booth Info

SXSW 2016 is almost here! The Texas MBA will have a booth at the SXSW Interactive Trade Show, March 13-16. If you’re attending the conference and/or Trade Show, please stop by our booth to say hello and for the chance to win some Texas MBA swag!

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You’re Invited to McCombs Entrepreneurship Night!

What happens when you combine SXSWi with McCombs’ renowned faculty, world class students and alumni, and Austin’s hottest tech startups? McCombs Entrepreneurship Night!

Kick off SXSW with the Texas MBA. We’ll be having a reception during SXSWi with SXSW attendees, local entrepreneurs, and McCombs students, faculty, alumni, & prospective students. We will also be showcasing some McCombs startups. All attendees will need to RSVP below:

Register for McCombs Entrepreneurship Night
Note: Due to capacity restrictions, registration does not guarantee entry.

We’ll see you at SXSW! Hook ‘Em!

Airplanes, Austin, Classes, and People – My Texas MBA Allure

I’ve spent most of my life living in the eastern time zone, so moving to Texas was a wild departure from my past. As I chatted with prospective students who spent their whole lives in the Northeast, or maybe even outside of the US, it made me remember the questions and priorities I had when I was seeking out business schools. Did I find what I was looking for in Texas? (Spoiler: The answer to that question is “yes”)

Here are four main things I was looking for:

1. I want to go work for _______.

Inside, I’m still a small kid, fascinated by the prospect of two giant jet engines propelling a 300+ ton wide-body airplane up into the sky. I always wanted to work for the airline industry – yes, that pressurized metal tube, shoes off, delay-prone industry. Knowing this, I set out to find a school that gave me the best chance at fulfilling my ambitions. It was the active and well-connected alumni network, the well thought-out career support system, and Texas’ historic strength in the industry that made the school so attractive to me. In fact, it was one of the alumni that helped convince me that I would have the connection and resources at McCombs to get where I wanted to be.

Importantly, it’s not just the connection to a dream job or function that mattered. The relationship to my career aspirations, the career management staff and system strength, and diverse experiences of my classmates mattered just as much. I asked my self, “can I develop a connection with the career staff who will have my best interest in mind?” “Is the career support system proactive?” Thinking back, I made absolutely the right call.

(For brevity sake, I left out the next seven paragraphs about airlines. I have been known to talk people’s ear off about it…)

2. The Neat Outdoor-sy City Called Austin

First off, I spent most of my life in the frigid tundra of the Midwest. I loved the snow (and snow days!), and thought it had a bad reputation. When I descended on Texas, freezing weather was somewhat a foreign concept.

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Austin’s Freezing February

Seriously though, Austin’s an outstanding outdoors town. It’s actually a neat town in general. I like to spend a lot of time outdoors – playing tennis, ultimate Frisbee, jogging – and in the ten different cities I’ve lived in my life, Austin’s has by far the best trails, courts, and the weather to enjoy it all. If you’re not familiar with the area, definitely check out Barton Springs Pool the next time you’re here. It’s Austin’s natural river open for swimming nearly all year-round

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Hiking the Barton Creek Trail with Classmates

3. A Customizable Curriculum

By now, you’ve probably heard about our class structure – two years, four semesters, mandatory core classes to start. But it’s the brevity of the required core curriculum that was especially attractive. After all, the Full-Time Texas MBA Program is only two years / four semesters long.

When I was looking at the Texas MBA Program, I was concerned that the small class size meant less options for electives. Many case/discussion-based classes need critical mass to tap into the proverbial “wisdom of a crowd”. That said, I discovered a surprising number of interesting electives for a program that currently averages 270 students per year, because there’s so much time to take electives (nearly three-quarters of the program are reserved for electives).

A great example of a course that shows the diversity of our electives is “Corporate Governance” taught by Professor William Cunningham. To analyze a Board of Director’s important duties and responsibilities, the Professor invites several former and current senior executives from various companies to address the class. I’m taking this course this semester; it’s a rare opportunity to take a course where we can learn from today’s business leaders. And so far, it has been quite a treat.

4. The People

It’s a bit of a clichéd concept, but I believe that people can make the greatest difference. I always tell this anecdote about how I started to see UT as the place for me. Last year, I was making my decision on business schools, and visited Austin to check out the city and the university. Incidentally, it was the Austin Marathon weekend. There was something about the volume of energy and excitement around the city that surprised me, even if it housed a very large public university.

When I visited McCombs, it was much the same. The important thing to ask is – do I see myself with these people as my classmates? Would I enjoy their company, and be able to work with them? After talking to the current students, the faculty from the class I was able to shadow in, and even random people in the atrium, I think I saw myself fitting in just fine.

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Texas vs. Cal from the MBA Student Section! (I believe we were winning at this point…?)

Exploring Career Paths with Texas MBA Career Management

From Michelle Hardy, Director of MBA Employer & Alumni Engagement

Each year, Texas MBA Career Management leads Treks to various cities to visit the main offices of different companies, giving students a great opportunity to learn more about their industry of interest and allowing them to become more familiar with the culture at these companies. Visits typically consist of presentations, Q&A sessions, and numerous opportunities for networking with alumni and executive management.

Texas MBA students at the Google corporate office during the 2015 Bay Area Trek.

Texas MBA students at the Google corporate office during the 2015 Bay Area Trek

I have been on the Texas MBA Career Management team since 2007. My first role was as a Career Advisor for the  Texas Full-Time MBA program. On my second day of work, I found myself on a plane to San Jose, California with 30 students from the Class of 2009 for a Bay Area Trek. That was one of two treks planned in that school year–the other was a fall trek to New York City for Wall Street Investment Banking and Financial Services. Fast forward to Spring 2016: I am now on the MBA Employer Relations team (formed in 2010) and we have planned 15 student Career Treks for the 2015-2016 school year.

Clearly, we have seen a lot of change in the past eight years. One of the biggest trends has been an enormous increase in student career interest in the West Coast. When I started at McCombs, 9% of our graduates landed jobs on the West Coast–we’ve nearly doubled that percentage with the class of 2014! Interest in technology companies has exploded, making it a large area of focus for our Employer Relations team.

Complementing those two trends, West Coast tech companies have been opening offices and/or growing their corporate presence in Austin i.e., Facebook, Google, Apple, Cisco Systems, eBay, PayPal, VMware and Electronic Arts just to name a few. We continue to build our relationships with these firms, as well as seeking new opportunities.

We have also seen every facet of student interest in entrepreneurship increase, from coming into the program already running a firm, or founding a company in business school, to working at a startup or fast growing company post-graduation.

Texas MBA Students at the Intel Corporate Office as part of the 2015 Bay Area Trek

Texas MBA students at the Intel corporate office during the 2015 Bay Area Trek

In response, we have created many unique opportunities for MBA students to network with and connect to the startup community. We now host a biannual McCombs Entrepreneurship Night, which showcases startups founded by McCombs MBA students and/or alumni.

That event is held in conjunction with Austin Startup Week in the fall and during SXSW Interactive in the spring. We capitalize on SXSW, hosting a student-run booth during the SXSW trade show, allowing those students access to the 400+ companies showcased during the week-long event. The contacts we make during these events are invited to our Entrepreneur Society (ES) events during the school year, such as the Pitch Party in the Fall and ES Connex in the spring, a networking night for local startups looking to hire interns or full-time candidates.

The one thing that holds true across my tenure with the Texas MBA is the importance of our alumni as the key to companies opening their doors to our students.

We created a new team last year under the MBA Employer Relations umbrella to focus on MBA alumni engagement with both current and prospective students. We have come a long way and are excited about the future employment opportunities that await our Texas MBAs!

The Texas MBA Career Treks scheduled for the 2016-2016 school year include:

Texas

Houston Energy Finance
Houston CleanTech
Houston Investment Banking (Twice!)
Houston Consulting

Dallas Marketing
Dallas Consulting
Dallas Asset Management

Austin Marketing
Austin Asset Management
Austin Startup
Austin Big Tech

New York

New York Investment Banking

California

Bay Area

Washington

Seattle

Texas MBA at Mexico City Alumni Spotlight

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.

Daniel Galvan DuqueAlumni Spotlight: Daniel Galvan Duque

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!

Learning on the Job with MBA+ Projects

I know, you’re pouring over the McCombs website doing your due diligence researching all of the great programs the Texas MBA Program has to offer, and you’ve most likely come across the MBA+ Leadership Program.

Those smiling faces and their Starbucks aprons. “I want to try out my new b-school skills consulting for real live companies!”, you think. I know, because I wrote about it in my application essays, too. It is one of the unique experiential learning programs that drew me to McCombs. Now that I’m a real life McCombs student doing a real live MBA+ project, I’d like to share a report from the front lines.

First, it’s worth saying that I had no idea what to expect. I came to McCombs from the education sector, so I knew very little about business or consulting, except that I wanted to learn the tricks of the trade. Consulting (and all things business, for that matter) seemed like a black box. You put numbers and analysis and strategy meetings in on one end, and out come decisions.

For my MBA+ project, I’m working with Deloitte’s Human Capital practice to research the impact of the “Industrial Internet of Things” on people. How will workplaces change? How will people’s jobs change? How can companies proactively position themselves in the midst of this change? It sounds pretty high-level and vague, but the reality of the project has been more than I imagined: more company face time, more learning, and more fun.

DELOITTE 2015

1. Company Face Time

We interface with a team of six Deloitte employees who are company leaders at various levels. Across the board they have bent over backwards to make themselves available and to make this a positive experience for the McCombs team. Senior consultants fresh out of McCombs help to guide and navigate us through the process, and senior partners generously take our calls and emails. Everyone provides thoughtful advice and feedback. Who knows how many potentially billable hours of their time we’ve racked up at this point…

As a “nontraditional” student interested in transitioning to strategy consulting, it’s been an excellent way to hit the ground running right from the beginning. It’s true that making an office visit is a great way to get a feel for what it would be like to work at that company. Doing a MBA+ project is even better, in my opinion. You get a feel for what makes the company tick,  you know people at the company, and they know you.

2. Learning

I knew literally nothing about consulting at the start of this project. In the words of one of my fellow MBA+ teammates, “I thought a vertical was how high you could jump.” We’re halfway through our project, and I can say that I now understand what consultants do (kind of) and how to do it (ok, that’s a gross overstatement, but I know more than I did).

I’ve learned from my peers, many of whom are former consultants, and can style the heck out of a PowerPoint deck. And I’ve learned from jumping in. Week one of the project we were meeting with senior consultants who were giving us the rundown on the project trajectory. Week two we were on a call with partners. Week six we were presenting to those same partners.

And from all that work, I now feel like I’m starting to gain two very consultant-y (and generally useful regardless of industry and function) skills: I’m comfortable with ambiguity and I can work with a team to structure an unstructured problem. They’re skills I already had, but the project has helped to refine them, strengthen them, and make me view them in a new light.

3. Fun

On our launch call, an hour into a slew of tips and frameworks and ideas from Deloitte, one of the higher ups closed with this advice:

“You’re getting to do consulting without any of the downsides—don’t forget to have fun! There’s no downside, only an upside.”

I’ve gotten to work with five stellar fellow first years and have gotten to know them and learn from them. We’ve gotten to play consultant and present in a fancy downtown conference room. We got to spend hours reading fascinating research, talking to industry leaders, and coaxing a neat, structured final deliverable out of the mass of available information. It’s basically a playground for a b-school nerd. What more could you want?

Is it hard to focus on the project because there is a ton of other things going on at this point in the semester, most of which involves grades? Yes. Does the project help to ground me in the reasons I came here in the first place, and give me a taste of what I can do on the other side of this place? Heck, yes. So when you get here, just know that your very own MBA+ project awaits!

A Texas MBA Degree = A Head Start to Your Dream Career

That six figure salary; The desire to travel the world; The ambition to make a difference. These are some of the reasons  that bring us to business school and we all hope to fulfill these aspirations through that dream job at the end! At McCombs, the faculty strives to help us to do exactly that through the many resources the business school has to offer.

If you see the class BA181 in the MBA curriculum and wonder what it’s about, I’m sure you are not alone. When I came to business school, I was surprised to find not only core classes in Finance, Accounting, Economics, Marketing and Operations but also one dedicated to Career Management. This unique class is perfectly designed to prevent the ever-busy MBA from losing sight of that end goal: To not just get a job, but the right job. It is led by an extremely talented Career Management team who provide you with a road map to reach your goal. Outside of class, they are always accessible to provide advice on topics ranging from career switching, networking, resume writing, interviewing, or sometimes just providing a shoulder to lean on for advice.

Besides a dedicated Career Management team we also have access to communication coaches who help up build our brand and communication skills through personal coaching sessions. Being an international student still learning the ropes of a new culture, these resources have been extremely useful to me. I am able to walk up to the team with questions that sometimes seem silly to me, but have always gotten the support I need. This has helped me greatly during networking events and career fairs. Learn More.

Our schedules are packed with information sessions and networking events with over 350 companies visiting campus! This can sometimes get stressful with homework, exams,  and networking all happening at once, but it has opened up a world of opportunities.

   CC Reception 1015

           Networking Reception at McCombs Career Fair          

             Tech Trek - Facebook 0115

 Tech Trek visit to Facebook

Career resources come in many forms and one of the most valuable is the UT network. Being part of this big network gives you access so alumni and seniors who are always willing to help the next generation of graduating MBAs. My personal experience reaching out to alumni has always been extremely pleasant. They are always willing to take time out for students from their Alma Mater no matter how busy their schedule. The collaboration that the Texas MBA program fosters stays with you long after you leave school. Alumni and staff are always there to help you succeed.

Finally, the biggest resource offered is the University of Texas and McCombs brand. Every day I learn of the many doors this brand opens up to students. With alumni spread across many industries and companies all around the world, the brand brings with it immense opportunities that I am learning more about every day.

Full-Time Travelers: Texas MBA Treks

Source: VH1.TUMBLR.COM

Source: VH1.TUMBLR.COM

Great Scott! Back to the Future Day was October 21st this year, and that week McCombs first-year MBAs glimpsed their potential destinies. With a two-day break from their courses, students trekked across the city, state and country to become better acquainted with companies from local startup RealMassive to investment banks in the Big Apple.

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McCombs alumni welcomed visitors all along the way with warm greetings, fond memories and useful career development tips, as well as branded swag and delicious treats. And speaking of Hollywood classics, there were some big screens too, like this one at Austin big tech trek participant Emerson…

Thanks to MBA career advisor Daniel Liu for this photo from the big tech trek

… and futuristic motor vehicles that make modern-day stagecoaches seem so last century (yes, even when they have no class, McCombs MBA students stay classy).

Thanks to Tina Mabley, Director of the Full-Time MBA Program for capturing the tech trekkers in their best hook 'em poses

Thanks to Full-Time MBA program director Tina Mabley for capturing the tech trekkers in their best Hook ‘Em poses

For 20 MBAs on the Dallas marketing trek, the Monday morning agenda comprised coffee, juice and breakfast pastries served by American Airlines, Pizza Hut for lunch, and Frito-Lay’s Rold Gold pretzel dippers as a late-afternoon snack—all at those respective firms’ corporate headquarters. Presentations from members of the Longhorn family and current employees on navigating a major merger in the travel industry, managing relationships with franchisees and reaching target customer segments through emerging platforms like Periscope, among other topics, provided the food for thought. 

Six first-year MBAs at the Dallas headquarters of Pepsico's Frito-Lay division

Six first-year MBAs at the Dallas headquarters of Pepsico’s Frito-Lay division

Houston Energy Finance (visits including Chevron, ExxonMobil and Phillips66), Houston Clean Tech (visits including NRG and First Solar), and Dallas Private Wealth/Asset Management (visits including JP Morgan, Goldman Sachs and Credit Suisse) were among the other treks. The adventures in networking continued throughout the next few weeks in Houston and Dallas, as consulting firms and Houston investment banking institutions hosted more forward looking McCombs MBAs.

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