School Update Tom Gilligan Dean

Topics Program Performance

BBA/BHP

MPA

MBA

Other programs

MSFinance, MSIROM, MSTC

Executive Education

Business Foundations Program

Strategic Initiatives

Jon Brumley Texas Venture Labs

Energy Initiative

Health Care Initiative

Facilities Master Plan

Alumni Engagement

Faculty/Staff Highlights

BBA Admissions Fall 2014

Total applications: 6,503 (LY 6,271)

Students admitted: 1,651 (LY 1,629)

Students enrolled: 887 (LY 872)

Average SAT: 1345 (LY 1342)

Average High School Rank: 7% (LY 8%)

Female: 50.8% (LY 50.5%)

Valedictorians: 46 (LY 47)

Texas residents: 88% (LY 76.6%)

Out-of-state: 7% (LY 19.8%)

International: 5% (LY 3.6%)

BHP Admissions Fall 2014

Total applications: 1,255 (LY 1,255)

Students admitted: 244 (LY 237)

Students enrolled: 118 (LY117)

Average SAT: 1480 (LY 1482)

Average High School Rank: 2.1% (LY 2.2%)

Female: 47.5% (LY 46.8%)

Valedictorians: 46 (LY 31)

Texas residents: 86% (LY 87.8%)

Out-of-state: 10% (LY 9.7%)

International: 3% (LY 2.5%)

MPA Admissions (Traditional and I-MPA)

Fall 2014

Total applications: 784 (LY 857)

Admitted: 403 (LY 380)

Students enrolled: 316 (LY 291)

Yield: 78% (LY 77%)

Female/Male: 45% / 55%

GPA: 3.68

GMAT: 660 (T-MPA)

MBA Admissions

Fall 2014

Total applications: 2,179 (LY 1,951)

Students enrolled: 272 (LY 274)

Average GMAT: 691 (LY 690)

Female: 32% (LY 26%)

Texas residents: 36% (LY 37%)

International: 24% (LY 19%)

Other Programs Masters Programs 2014-15 Enrollment

MSFinance – 40 (LY 29)

MSIROM – 54 (LY 52)

MSTC – 68 (LY 79)

Executive Education

655 program days (LY 715)

Revenue $10,931,999 (LY $11,492,400)

Served ~7,000 people

Custom programs for ~50 organizations

Open enrollments programs for more than 300 organizations

Other Programs (cont.) Business Foundations

More than 6,100 students across UT’s campus

Online courses

UT Students

Currently offering 4 of 6 courses (enrollment: 133 – 4 courses; 3 are in phase 1 pilot)

Final 2 courses offered in Spring ‘15

Non UT Students

Targeting Spring ‘15 to offer 4 of 6 courses

Remaining 2 courses targeted for Summer ’15

Summer sessions

Teaches fundamentals of business to non-McCombs student

Program is 8 weeks, 15 credits, team taught by 15 McCombs faculty members to

integrate course content

Three cohorts, 2 STEM (Halliburton supported) and 1 Health Care (new 2014), running

concurrently with over 120 students

Expect to grow to 150+ students with additional healthcare cohort in 2015

Program runs at a financial surplus in support of the BBA Program Office

Undergraduate Career Success 100% complete professional internship or

practicum

Companies recruiting on campus: 875 (full-

time jobs accepted)

Companies posting on job boards: 2,900

Average base salary at graduation: $58,049

(LY $55,606)

Average signing bonus: $6,804 (LY $6,216)

MBA Career Success Students with job offers

At graduation: 85%

By 3 months out: 96%

Average base salary: $106,277 (LY $105,112)

Average signing bonus: $24,738 (LY $23,426)

Average pre-MBA salary of entering class:

$64,993

Average time to recoup education

investment: 3.8 years

2014-2015 UPDATE

What is Texas Venture Labs?

Texas Venture Labs

Texas Venture

Labs Practicum

(I & II)

New Venture Creation

(NVC)

Venture Labs

Investment Competition

TVL Scholarship

Program

Venture Partner Program

12

TVL Alumni on Shark Tank

13

"Would you do $1 million for a third?"

BeatBox Beverages lands $1M investment from Mark Cuban

Cumulative TVL Student Reach

14

MBA, 108

ENGR, 43

CNS, 27

LAW, 47

[CATEGORY

NAME], [VALUE]

Other, 2

236 Total Students

318 Student-Semesters

39% work at companies with <25 employees

Yes 63%

No 37%

Was TVL Discussed During Job Interviews?

0

5

10

15

20

25

30

35

40

45

StronglyDisagree

Disagree Neither Agreenor Disagree

Agree Strongly Agree

% o

f TV

L A

lum

ni S

tud

ents

TVL has been instrumental in my career success.

TVL influenced the type/size of companies I applied to.

0%

20%

40%

60%

80%

100%

Alumni Company Funding Rate By Industry

Cumulative TVL Entrepreneur Reach

15

102 Total Companies

> $234M Post-TVL Funding

39% Funding Rate

4 Companies Acquired

TVL Practicum - Spring 2014

38 Associates

8 Principals

5 Unique Schools Within UT

16

14 companies

3 University tech startups

TVL Practicum - Fall 2014

37 Associates

7 Principals

6 Unique Schools Within UT

17

14 companies 5 Software, 4 biomedical/life science

3 Social Entrepreneurship, 2 Technology

2013-2015 Update

supports research, teaching

and business – academic

collaborations in the areas of

entrepreneurship, innovation,

growth and renewal.

Research

Business Analytic Conference

– A forum for industry academic knowledge sharing

– 30 presentations on diverse topics related to social and

business analytics

– Over 150 attendees

Two University-wide PhD Fellowships for Research using

Innovative Methodologies

Student Engagement

Sponsor of: – MBA Pitch Party (October 2014)

• $1,000 Grand Prize by Herb Kelleher Center to Max Pike, MBA Class of 2015 – online brokerage system for container shipping buyers and sellers

– UT Student Organizations Retreat (May 2014)

• Entrepreneurial Roundtable’ to strengthen the connectivity among the numerous entrepreneurship and innovation student organizations on campus

– Women MBA Event (October, 2013 and April 2014)

• 20 women in CEO roles provide mentorship through the Women MBA organization

Entrepreneurship Community Engagement

HKC Speaker Series (ongoing) – Entrepreneurship Live! – since its launch in 2012 it has

brought to campus 42 serial entrepreneurs who have built two or more companies and have sold or taken public at least one. Presenters include Michael Dell (Dell Computers), Rod Canion (Compaq), Cotter Cunningham (RetailMeNot), Clayton Christopher (Sweet Leaf Tea).

– Money Talks! – dedicated speaker series to early stage funding with Venture Capitalist like Bill Wood – Silverton Partners, Alan Cline – Vista Equity Partners, Chris Pacitti – Austin Ventures, Joel Fontenot – Trailblazer Capital.

Raise Funding Panel – May 2013 – Michelle Skelding (Austin Chamber of Commerce), Rick

Timmins (Central Texas Angel Network), & Brett Hurt (Founder of Bazaarvoice) on funding opportunities

Alumni Engagement

The Frontiers of Innovation Speaker Series hosts distinguished authors on the topics of innovation and change, innovation ecosystems and industry dynamics, models for growth, sustained creativity and new sources of value creation.

Management Entrepreneurship Classes

Undergraduate Graduate

Entrepreneurship in the Social Environment (Passovoy – Spring)

Entrepreneurship & Incubation (Butler – Fall)

Management Practicum (Social Entrepreneurship Practicum) (Passovoy – Fall)

Texas Venture Labs (Adams – Fall/Spring)

Entrepreneurship & Innovation (Butler – Fall/Spring)

Texas Venture Labs Leadership Practicum (Adams – Fall/Spring)

Entrepreneurial Management (Courter – Summer/Fall)

Opportunity Identification & Analysis (Doggett – Fall)

Foundations of Entrepreneurship (Summer) Entrepreneurial Growth (Doggett – Fall/Spring)

Introduction to Entrepreneurship (Graebner – Spring)

New Venture Creation (Courter – Fall/Spring; Adams – Summer)

Entrepreneurship & Innovation (Houston & Dallas – Summer)

Entrepreneurship Research

Tricks of the Trade: Resource Acquisition in a Family-

Owned Technology Venture

The Origins of Strategy in Entrepreneurial Ventures

Dissertation: subject is the social dynamics of angel

investing groups

Dissertation: subject is how multi-sided platform

companies like Uber and HomeAway leverage their

“customer communities” as strategic resources

Energy Initiative Kay Bailey Hutchison Center for Energy, Law and

Business Inaugural symposium “Geopolitics of Energy” on February 20th

Part of first, UT Energy Week

8th Release of UT Energy Poll, March 2015

5th Annual Austin Electricity Conference, April 2015

Two Active MBA Energy Student Groups Energy Finance, CleanTech

100 Applicants for third year of UG Energy

Management Program

Healthcare Initiative 2015 spring symposium: Engaging Patients & Families to Transform

Care – April 9-10

Working with the local health care community to enhance the

student experience

Developing programs with UMC Brackenridge, Seton Healthcare Family, and

Central Health.

Involving local health care community

More than 150 people from local health care organizations and 32 people from

several State of Texas agencies in a variety of programmatic efforts

Working with the Dell Medical School to leverage mutual synergies

that will enhance the school’s teaching, research, and service

missions

Facilities Master Plan Phase 1

Robert B. Rowling Hall

Funds raised to date = $55.3 million (as of 3/5/15)

Milestones

Submit Design Development (35%) set – April 2014

BOR approval – May 2014

Early Construction (off site utilities) – June 2014

Submittal 75% Construction Documents – August 2014

Submittal 100% Construction Documents – November 2014

Construction – December 2014

Completion – Spring 2017

Facilities Master Plan Phase 2

Renovate CBA North and South to house

department faculty offices and undergraduate

program space

Jim and Miriam Mulva gift

Phase 3

Renovate GSB to house undergraduate

classrooms, team rooms and community spaces

Alumni Engagement Alumni Signature Events

Knowledge To Go (KTG) Webinars

Continue your active learning relationships with the

university through monthly one-hour webinars.

Career Webinars

Strengthen your competitive advantage in the workplace with

these monthly one-hour webinars.

Faculty Speaker Series

Discuss current business trends with faculty at your local

alumni chapter.

Economic Forecast Events

Hear exclusive economic conversations between McCombs

faculty and legendary corporate executives in Texas.

Alumni Weekend

Return to the Forty Acres to catch up with friends and learn

from faculty at this annual fall event in Austin.

Alumni Business Conference

Learn faculty perspectives on the hottest business topics at

this annual spring event in Austin.

Knowledge To Go (KTG) Webinars

Lew Spellman kicked off 2014 with his

topic on “Cyclical Forces Driving the

Economy, But Not the Stock Market”

Participation Trend – average 142 attendees

62% of alumni participation view the KTG recordings

Future Plans: featuring faculty research topics

Economic Forecast Events

Four sold out events held in Dallas,

Houston, San Antonio, and Austin

Special recognition to Daron Peschel,

BBA/MPA Alumni Advisory Board, for championing

these events at the Federal Reserve Banks

760 total McCombs/UT Alumni and guests

Economic Forecast Events cont. Notable CEO Executives/Speakers:

Dallas Houston

San Antonio Austin

Alumni Giving Rates

Highlights: Development and External Relations

Exceeded UT capital campaign expectations by more than $50 million Raised $276,798,870 – goal was $225 million

Set all-time record in philanthropic support in 2013-14 ($108,916,839)

Annual giving of more than $2.5 million in 2013-14 – first college/school to exceed $2 million

Impact Rowling Hall

Mulva Hall

Endowments

Scholarships

Faculty Highlights McCombs faculty rated 5th most productive in the world—

first among public schools 1. Wharton

2. Harvard

3. MIT

4. NYU

5. McCombs

Faculty Investment Initiative Provost driven - allocates new resources to hire established “stars” from good schools

McCombs targeting three main areas

Economics

Healthcare

Business Analytics

Staff Highlights: Media Services

Conversion of Media Lab to Active

Learning Classrooms

Thanks Deloitte!

Impact

Greater flexibility for teaching and learning

Increased ability to attract high caliber students

Laboratory for testing new pedagogy

School Leadership Senior Associate Dean

Jay Hartzell, former Chair of the Finance Department at McCombs

(thank you to Paul Newman)

Chairs Finance – Bob Parrino

Accounting – Robert Freeman

IROM – Steve Gilbert

Management – Jim Fredrickson (reappointed)

Marketing – Wayne Hoyer (reappointed)

Herb Kelleher Center for Entrepreneurship Violina Rindova

School Leadership

Hasta la vista!

Leaving effective August 31, 2015

Served as Dean for 7 years (2008-15)

Stanford University

Director of the Hoover Institution on War,

Revolution and Peace

Thanks so much!

Questions, comments, discussion?