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McCombs School of Business

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McCombs School of Business
File:McCombs School of Business Primary Stacked Wordmark with Tagline.png
Former names
University of Texas College of Business Administration
MottoWhere Leadership Is Earned
TypePublic Business school
Established1922
DeanThomas W. Gilligan
Academic staff
183 full-time equivalent[1]
Students6,188
Undergraduates4,380
Postgraduates1,689
97
Location
Austin
,
Texas
,
USA
CampusUrban
Websitewww.mccombs.utexas.edu
McCombs School of Business.

The McCombs School of Business at The University of Texas at Austin is one of the most renowned business schools in the world. Founded in 1922, the school educates more than 6,000 students each year, adding to its 80,000 member alumni base.[2] Its mission is "to educate the business leaders of tomorrow while creating knowledge that has critical significance for industry and society...[and] to become the best public business school in the nation."[3]

History

The University of Texas at Austin (UT Austin) was founded in 1883, and the university's School of Business Administration was established a few decades later in 1922.[4] The school quickly grew, establishing a Master of Professional Accounting program in 1948 and offering its first executive education programs in 1955.

Effects of the 1990s technology boom and dot-com bubble were palpable in Austin, leaving the nickname "Silicon Hills" on the city. One McCombs School program that has capitalized on this is the Moot Corp, which is now the oldest operating inter-business school new-venture competition in the world. Begun in 1984, it has been dubbed the "Super Bowl of world business plan competitions."[5] Also opportunistic was the creation of the school's first Management Information Systems degree in 1990. The MBA Investment Fund, LLC was also founded in 1994, becoming the first legally constituted investment fund run by MBA students and proving quite successful, with a 17.5 percent annual return to date.[6] Additionally, in 1995 the college became the first to require students have an e-mail address.[citation needed]

On May 11, 2000, businessman Red McCombs announced a $50 million donation to UT Austin. In his honor, the College of Business Administration and the Graduate School of Business were merged under the newly created Red McCombs School of Business.[7]

Awards and distinctions

Current rankings for McCombs School of Business programs:

BBA
6 U.S. News (2009)[8]
10 BusinessWeek (2008)[9]

MBA
14 Forbes (2007)
18 U.S. News (2009)[10]
21 BusinessWeek (2008)[11]

Executive MBA
13 U.S. News (2008)
39 Worldwide, Financial Times (2007)[12]

Part-time MBA
25 U.S. News (2008)
30 BusinessWeek (2008)[13]

Ph.D.
28 Worldwide, Financial Times (2008)

Research Rankings
3 Finance Research, Faculty Scholarly Productivity Index, Chronicle of Higher Education (11/07)
6 Marketing Research, Faculty Scholarly Productivity Index, Chronicle of Higher Education (11/07)
10 Information, Risk, & Operations Mgmt Research, Faculty Scholarly Productivity Index, Chronicle of Higher Education (11/07)
9 Top 100 Business School Research Rankings, University of Texas at Dallas (3/08)
23 Number of Research Publications, Financial Times, Global (1/08)

Accounting
1 Graduate Program, Public Accounting Report (2007)[14]
1 Undergraduate Program, Public Accounting Report (2007)[14]
1 Accounting (Undergraduate), U.S. News (2009)[15]
1 Accounting (Graduate), U.S. News (2009)[16]
1 PhD Program, Public Accounting Report (2007)[14]
3 Accounting (MBA), Wall Street Journal (2006)
3 Accountancy (Graduate), WOldwide, Financial Times (2008)

Departments, programs and specializations

Graduate
1 MBA Program for Hispanics, Hispanic Business (2006)
1 Accounting, U.S. News (2009)[16]
1 Accounting, Public Accounting Report (2007)[14]
3 Accounting (MBA), Wall Street Journal (2007)
3 Information Systems, U.S. News (2009)[17]
5 Information Technology, Wall Street Journal (2007)
7 Entrepreneurship, Financial Times (2008)
9 Entrepreneurship, U.S. News (2009)[18]
9 Marketing, U.S. News (2009)[19]
10 E-Business, Worldwide, Financial Times(2008)
11 International Business, U.S. News (2009)
15 Finance, U.S. News (2009)
15 Productions/Operations Management, U.S. News (2009)
16 Top MBA Programs for Latin Americans-Global, America Economia (2006)
15 General Management, U.S. News (2009)

Undergraduate
1 Accounting, U.S. News (2009)[15]
1 Accounting, Public Accounting Report (2007)
3 Marketing, U.S. News (2009)[20]
3 Management Information Systems, U.S. News (2009)[21]
3 Management, U.S. News (2009)[22]
4 Finance, U.S. News (2009)[23]
5 International Business, U.S. News (2009)[24]
5 Insurance/Risk Management, U.S. News (2009)[25]
6 Production/Ops Management, U.S. News (2009)[26]
7 Quantitative Analysis/Methods, U.S. News (2009)[27]
7 Entrepreneurship, U.S. News (2009)[28]
10 Supply Chain Management/Logistics, U.S. News (2009)[29]
10 Real Estate, U.S. News (2009)[30]

Alumni

See also: List of University of Texas at Austin alumni

Graduates from McCombs receive competitive salaries and are solicited by some of the best companies in the world. Top recruiters at McCombs historically include PriceWaterhouseCoopers, Ernst & Young, Deloitte, KPMG, JP Morgan Chase, Dell, Citigroup, Microsoft, Chevron, and BP.[31]

Alumni of the business school include Southwest Airlines CEO Gary C. Kelly '74,[32] Heinz CEO William R. Johnson '74,[33] Texas Rangers owner Thomas O. Hicks '68,[34] and ConocoPhillips CEO James Mulva '68 & '69.[35] The school's namesake, Red McCombs, also attended the business school, going on to co-found Clear Channel Communications and co-own the San Antonio Spurs, the Denver Nuggets, and the Minnesota Vikings.[36] Donald Evans '73, former U.S. Secretary of Commerce, earned his MBA at McCombs.[37]

See also

References

  1. ^ News & Information from the McCombs School of Business - The University of Texas at Austin
  2. ^ News & Information from the McCombs School of Business - The University of Texas at Austin
  3. ^ History and Tradition - About the McCombs School of Business - The University of Texas at Austin
  4. ^ History and Tradition - About the McCombs School of Business - The University of Texas at Austin
  5. ^ Moot Corp Competition - McCombs School of Business - The University of Texas at Austin
  6. ^ History and Tradition - About the McCombs School of Business - The University of Texas at Austin
  7. ^ History and Tradition - About the McCombs School of Business - The University of Texas at Austin
  8. ^ Best Undergraduate Business Programs - Best Colleges - Education - US News and World Report
  9. ^ Business School Rankings and Profiles: EMBA, Executive Education, MBA, Part-time MBA, Distance MBA
  10. ^ Search - Business - Best Graduate Schools - Education - US News and World Report
  11. ^ Business School Rankings and Profiles: EMBA, Executive Education, MBA, Part-time MBA, Distance MBA
  12. ^ FT.com / Business Education / EMBA rankings
  13. ^ Business School Rankings and Profiles: EMBA, Executive Education, MBA, Part-time MBA, Distance MBA
  14. ^ a b c d "Longhorns Sweep Top Spots Again In School Rankings" (PDF). 2007-10-31. Retrieved 2008-06-27.
  15. ^ a b Undergraduate business specialties: Accounting - Best Colleges - Education - US News and World Report
  16. ^ a b U.S. News & World Report- Best Graduate Schools: Business- MBA: Accounting
  17. ^ U.S. News & World Report- Best Graduate Schools: Business- MBA: Information Systems
  18. ^ U.S. News & World Report- Best Graduate Schools: Business- MBA: Entrepreneurship
  19. ^ U.S. News & World Report- Best Graduate Schools: Business- MBA: Marketing
  20. ^ Undergraduate business specialties: Marketing - Best Colleges - Education - US News and World Report
  21. ^ Undergraduate business specialties: Management Information Systems - Best Colleges - Education - US News and World Report
  22. ^ Undergraduate business specialties: Management - Best Colleges - Education - US News and World Report
  23. ^ Undergraduate business specialties: Finance - Best Colleges - Education - US News and World Report
  24. ^ Undergraduate business specialties: International Business - Best Colleges - Education - US News and World Report
  25. ^ Undergraduate business specialties: Insurance - Best Colleges - Education - US News and World Report
  26. ^ Undergraduate business specialties: Production / Operations Management - Best Colleges - Education - US News and World Report
  27. ^ Undergraduate business specialties: Quantitative Analysis - Best Colleges - Education - US News and World Report
  28. ^ Undergraduate business specialties: Entrepreneurship - Best Colleges - Education - US News and World Report
  29. ^ Undergraduate business specialties: Supply Chain Management / Logistics - Best Colleges - Education - US News and World Report
  30. ^ Undergraduate business specialties: Real Estate - Best Colleges - Education - US News and World Report
  31. ^ "Recruiters". BusinessWeek. Retrieved 2008-05-01.
  32. ^ "Kelly". BusinessWeek. Retrieved 2008-07-29. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  33. ^ "Johnson". BusinessWeek. Retrieved 2008-07-29. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  34. ^ "Hicks". BusinessWeek. Retrieved 2008-07-29. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  35. ^ "Mulva bio". BusinessWeek. Retrieved 2008-07-29. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  36. ^ "McCombs bio". UT Austin. Retrieved 2008-07-29.
  37. ^ "Evans bio". White House. Retrieved 2008-07-30.
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