College of Business


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College of Business

  1. 1. Welcome to the Red McCombs School of Business! CeCe Ridder Director of Student Affairs
  2. 2. U.S. News and World Report 2002 National Rankings <ul><li>1. University of Pennsylvania (Wharton) </li></ul><ul><li>2. Massachusetts Inst. of Technology (Sloan) </li></ul><ul><li>3. University of Michigan–Ann Arbor </li></ul><ul><li>4. University of California–Berkeley (Haas) </li></ul><ul><li>5. U. of North Carolina–Chapel Hill (Kenan-Flagler) </li></ul><ul><li>5. University of Virginia (McIntire) </li></ul><ul><li>University of Texas–Austin (McCombs) </li></ul><ul><li>7. Carnegie Mellon University (PA) </li></ul><ul><li>7. New York University (Stern) </li></ul><ul><li>10. Indiana University–Bloomington (Kelley) </li></ul>
  3. 3. Admission Information <ul><li>Application deadline: February 1 </li></ul><ul><li>State on your UT application that Business is your first college choice. </li></ul><ul><li>Top 10% students are guaranteed admission to UT, but NOT the McCombs School. </li></ul>
  4. 4. Admission Information <ul><li>75% of the incoming freshmen class are admitted solely on the basis of their high school class rank. </li></ul><ul><li>Students are admitted starting with the top 1%, then 2%, 3%, etc. </li></ul><ul><li>25% of the incoming freshmen class will be evaluated on: </li></ul><ul><li>high school rank </li></ul><ul><li>SAT/ACT score </li></ul><ul><li>personal achievement </li></ul><ul><li>(including essays and activities) </li></ul>Admission decisions are made by the UT Office of Admissions, NOT the McCombs School of Business. 900 students 75% 25% 200 students
  5. 5. Majors <ul><li>9 Majors, students do not declare a major until they have certain courses completed (usually Sophomore year). </li></ul>
  6. 6. Business Honors <ul><li>Executive Trainee </li></ul><ul><li>Business Developer </li></ul><ul><li>Analyst </li></ul><ul><li>Internal Auditor </li></ul><ul><li>Corporate Value Consulting </li></ul>Example of Job Titles: <ul><li>Pricewaterhouse Coopers </li></ul><ul><li>Foley’s </li></ul><ul><li>Trilogy </li></ul><ul><li>Ford Motor Company </li></ul><ul><li>Goldman Sachs </li></ul><ul><li>IBM </li></ul>Companies that have hired... <ul><li>Business Honors is both a major and a program. </li></ul><ul><li>It is designed to provide a more intense intellectual challenge, and also prepares students for graduate work. </li></ul><ul><li>The Honors student may design a general program of study or concentrate on one of the major programs in business to add as a second major. </li></ul><ul><li>Students admitted to the Business Honors Program take ten core business courses in special sections designed to cover material comparable to first-year graduate courses. </li></ul>
  7. 7. Finance <ul><li>The Finance major program is designed to prepare a student for a  career in finance in large corporations, small businesses, banks, brokerage firms, insurance companies, real estate firms and many more. </li></ul><ul><li>O ffers students an opportunity to study the financial functions in business firms, financial systems, and financial markets as well as the roles of commercial banks, investment and security firms, and other financial institutions. </li></ul><ul><li>Students may also choose concentrations in real estate or risk management insurance. </li></ul>Ranked #6 by US News (2002) #6 Insurance/Risk Management <ul><li>Credit Analyst </li></ul><ul><li>Business Analyst </li></ul><ul><li>Global Bank Analyst </li></ul><ul><li>Financial Analyst </li></ul><ul><li>Associate Consultant </li></ul>Example of Job Titles: <ul><li>Goldman Sachs </li></ul><ul><li>Merrill Lynch </li></ul><ul><li>AIM Funds </li></ul><ul><li>Exxon Mobil </li></ul><ul><li>Accenture </li></ul>Companies that have hired...
  8. 8. Management <ul><li>The major objective of the Management program is to train competent administrators for service in a wide variety of organizations such as public or private, product or service oriented, profit or not-for-profit. </li></ul><ul><li>Management s tudents will be introduced to areas such as personnel/human resource management, industrial relations, production management and entrepreneurship. </li></ul><ul><li>Supply chain management is a total systems approach to delivering manufactured products to the end customer (buyers, risk management analysts, logistics planners). </li></ul><ul><li>Jobs are generally acquired in three areas: </li></ul><ul><ul><li>Behavioral </li></ul></ul><ul><ul><li>Policy and Strategy </li></ul></ul><ul><ul><li>Operations Management </li></ul></ul>Ranked #6 by US News (2002) #5 Entrepreneurship #15 Supply Chain Mgmt/Logistics <ul><li>Relationship Manager </li></ul><ul><li>Business Analyst </li></ul><ul><li>Human Resources </li></ul><ul><li>Account Representative </li></ul>Example of Job Titles: <ul><li>Wells Fargo </li></ul><ul><li>Macy’s West </li></ul><ul><li>Hewitt Associates </li></ul><ul><li>Dell Computers </li></ul><ul><li>Exxon Mobil </li></ul><ul><li>Southwestern Bell Co. </li></ul>Companies that have hired...
  9. 9. Marketing <ul><li>Marketing students study the way in which products and services are organized, executed, publicized, and distributed to consumers within an organization’s goals. </li></ul><ul><li>Careers in personal selling and sales management, retail merchandising and management, marketing management, marketing research and promotional strategy, and management. </li></ul><ul><li>Knowledge of product design, advertising, pricing, consumer behavior, and distribution management is essential to the job because of the direct contact with customers. </li></ul>Ranked #4 by US News (2002) <ul><li>Market Specialist </li></ul><ul><li>Business Analyst </li></ul><ul><li>Pharmaceutical Sales Rep. </li></ul><ul><li>Gas Marketing Rep. </li></ul><ul><li>Asst. Buyer (Retail) </li></ul>Example of Job Titles: <ul><li>American Airlines </li></ul><ul><li>GTE </li></ul><ul><li>Hewitt Associates </li></ul><ul><li>Texaco </li></ul><ul><li>Foley’s </li></ul>Companies that have hired...
  10. 10. Engineering Route to Business (ERB) <ul><li>Blends mathematics, science, and business administration as well as the management of technological, engineering, and scientific enterprises. </li></ul><ul><li>Prepares graduates for management and sales positions in high-tech and engineering companies, manufacturing, and consulting (they will not be licensed Engineers). </li></ul><ul><li>4 course or 3 course block options (one Engineering and one Business): </li></ul><ul><ul><li>Engineering: Manufacturing; Electrical; Computer; Mechanical Systems; Civil; Chemical </li></ul></ul><ul><ul><li>Business: Supply Chain Management; Management Information Systems; Accounting/Finance; Marketing </li></ul></ul><ul><li>Consultant </li></ul><ul><li>Network Engineering </li></ul><ul><li>IT Analyst </li></ul><ul><li>Information Associate </li></ul><ul><li>Commodity Pricing Analyst </li></ul><ul><li>IT Consultant </li></ul>Example of Job Titles: <ul><li>Pricewaterhouse Coopers </li></ul><ul><li>Southwestern Bell Co. </li></ul><ul><li>GTE </li></ul><ul><li>Sun Microsystems </li></ul><ul><li>EDS </li></ul><ul><li>Duke Energy </li></ul>Companies that have hired...
  11. 11. International Business <ul><li>Solid basic business education (specialty in an area of business), international dimensions of business, specialty in one major world region with a language and direct overseas experience (required study abroad). Prepares students for entry into the global workforce in government, international trade, global business operations and planning. </li></ul><ul><li>Most careers are found domestically, with some travel overseas with assignments after a few years. Job opportunities are greatest at corporate headquarters. </li></ul>Ranked #7 by US News (2002) <ul><li>Commodity Merchant </li></ul><ul><li>Business Analyst </li></ul><ul><li>Global Bank Analyst </li></ul><ul><li>Financial Analyst </li></ul><ul><li>Marketing, Sales, & Service </li></ul>Example of Job Titles: <ul><li>Cargill </li></ul><ul><li>Chase Bank </li></ul><ul><li>Accenture </li></ul><ul><li>Gap Inc. </li></ul><ul><li>Reliant Energy </li></ul><ul><li>Ford Motor Company </li></ul>Companies that have hired...
  12. 12. Management Information Systems (MIS) <ul><li>Prepares a professional who can fully appreciate the complexity of information system design. </li></ul><ul><li>Students engage in the study of computer science and business practices simultaneously which prepares them for a career in which they will serve as a link between a business’ needs and the technology that meets those needs. </li></ul><ul><li>Accounting firms, oil companies, computer corporations and consultants (and more) hire MIS graduates. </li></ul>Ranked #3 by US News (2002) #3 E-Commerce <ul><li>Programmer </li></ul><ul><li>Client Assistance Specialist </li></ul><ul><li>Information Technology </li></ul><ul><li>IT Specialist </li></ul><ul><li>Analyst </li></ul><ul><li>Consultant </li></ul>Example of Job Titles: <ul><li>Dell Computers </li></ul><ul><li>IBM </li></ul><ul><li>Pennzoil </li></ul><ul><li>Proctor and Gamble </li></ul><ul><li>Sprint </li></ul>Companies that have hired...
  13. 13. Accounting Ranked #1 by Public Accounting Report (2002) Ranked #2 by US News (2002) <ul><li>Accounting students develop a broad overall education, solid grounding in the common body of business knowledge, and a rigorous understanding of accounting. </li></ul><ul><li>An accounting major prepares students to record, analyze and interpret financial transactions, statements and reports in order to aid in decisions regarding budgets, taxes, and audits, as well as creating systems to track financial activity. </li></ul><ul><li>Students are prepared for a wide variety of professional opportunities, including entry-level positions in public accounting, private/industry accounting and not-for-profit accounting, including government accounting. </li></ul><ul><li>Financial Risk Consulting </li></ul><ul><li>Internal Audit </li></ul><ul><li>Business Analysis </li></ul><ul><li>Accountant </li></ul>Example of Job Titles: <ul><li>Dow Chemical </li></ul><ul><li>Kimberly Clark </li></ul><ul><li>Bank One Corp. </li></ul><ul><li>AIM Funds </li></ul><ul><li>Wells Fargo </li></ul>Companies that have hired...
  14. 14. Professional Program in Accounting (P.P.A) Ranked #1 by Public Accounting Report for 7 consecutive years Want to be a Certified Public Accountant? <ul><li>The Professional Program in Accounting is a five-year program leading to both the B.B.A. degree and the Master in Professional Accounting (M.P.A) degree. </li></ul><ul><li>In this special program, students may choose a general “track” or one of the following areas of specialization: </li></ul><ul><li>1) auditing and financial reporting </li></ul><ul><li>2) taxation </li></ul><ul><li>3) management accounting and control </li></ul><ul><li>Historically, P.P.A. students have enjoyed a high degree of success on the Certified Public Accounting examination, and have received advanced or accelerated career opportunities in accounting. </li></ul><ul><li>Students apply after their Sophomore year. </li></ul><ul><li>Most graduates accept jobs with CPA firms, and others take positions with industry, banking and finance, or not-for-profit organizations. </li></ul>
  15. 15. Academic Advisors All business students are assigned to an Academic Advisor. <ul><li>Work closely with students to plan their program of study so that they will take the required courses in the proper sequence to meet the requirements of their major. </li></ul><ul><li>Provide personalized, developmental advising and counseling services to each student. </li></ul><ul><li>Ease the transition for students from other educational institutions. </li></ul><ul><li>Inform students about the services available in the McCombs School and at The University that are designed to enhance student success and increase student retention. </li></ul>What do advisors do?
  16. 16. <ul><li>Career Services Office </li></ul><ul><ul><li>Workshops </li></ul></ul><ul><ul><ul><li>Interviewing </li></ul></ul></ul><ul><ul><ul><li>Creating and developing resumes </li></ul></ul></ul><ul><ul><ul><li>Etiquette </li></ul></ul></ul><ul><ul><ul><li>Choosing a major </li></ul></ul></ul><ul><ul><ul><li>Researching companies </li></ul></ul></ul><ul><ul><li>Professional Career Advisors </li></ul></ul><ul><ul><ul><li>One-on-one help to discuss career planning topics including resumes, cover letters, internships, job search, interviewing and mock interviews. </li></ul></ul></ul><ul><li>Career Resource Library </li></ul><ul><ul><li>Provides career exploration, company research, and job search information through books, videos, periodicals, and files. </li></ul></ul>Ford Career Center Internships are required of all students, usually Junior year for credit (summer or school year).
  17. 17. Company Recruiting @ McCombs School of Business <ul><li>400+ companies interview on-campus @ the Business School </li></ul>200+ companies participate in information sessions and career fairs 3,000+ positions posted on-line
  18. 18. Student Organizations <ul><li>Provide an avenue for networking with faculty, staff, students & recruiters </li></ul><ul><li>Demonstrate leadership, organization, and team skills </li></ul>34 organizations within the Business School* 900+ organizations at the University of Texas *a business organization has been the “ best overall organization” at UT five of past nine years*
  19. 19. McCombs Admission Statistics Avg Rank Avg SAT Enrolled Admits Apps BHP Avg Rank Avg SAT Enrolled Admits Apps 702 613 508 532 525 162 154 175 165 174 103 96 115 119 130 2.1% 2.0% 2.5% 2.5% 3.0% 1440 1430 1424 1413 1409 2.8% 3.0% 3.8% 4.5% 5.3% 1316 1226 1300 1246 1245 743 866 803 1,040 852 1,045 1,202 1,173 1,383 1,231 5,340 4,878 4,615 4,900 3,954 03 02 01 00 99
  20. 20. Alternatives to Business School <ul><li>Complete a Degree in another college and supplement with Business Foundations </li></ul><ul><li>Enroll in another college at UT and apply as an internal transfer </li></ul><ul><li>Attend another college or university and apply as an external transfer </li></ul><ul><li>Apply to more than one University where you can complete a Business degree, so you have options </li></ul>
  21. 21. Question & Answer