Advisory Council Meeting

March 9, 2012

Welcome and Introductions

Current Advisory Council Members

School Leadership

Recognitions

Lifetime Leaders (cumulative lifetime giving

$500,000+ through 1/31/2012)

Mr. & Mrs. John L. Adams Mr. & Mrs. John H. Massey

Mr. & Mrs. Louis G. Baldwin II (new) Mr. & Mrs. Red McCombs

Mr. & Mrs. John W. Carpenter III Mr. & Mrs. John D. McStay

Mr. & Mrs. Gary T. Crum Mr. & Mrs. James M. Neissa

Mr. & Mrs. Jack D. Furst Mr. & Mrs. William P. O’Hara

Mr. & Mrs. Robert H. Graham Mr. & Mrs. William E. Rosenthal

Mr. & Mrs. Thomas O. Hicks Mr. & Mrs. Jeffrey L. Swope

Mr. & Mrs. Kenneth M. Jastrow Mr. & Mrs. Robert S. Zlotnik

Mr. & Mrs. Herbert D. Kelleher

Recognitions

Dean’s Circle (for gifts given 9/01/11-1/31/2012)

Robert Duncan Marc Myers

Jimmy Elliott Will O’Hara

Jake Foley Brien Smith

Tony Forcum Stacy Smith

John Goff Sam Susser

Bill Gurley Jere Thompson

Bill Helms Rad Weaver

Charles Holley Gary Weed

Ben Moreland

Recognitions

Newly Established Endowments by

Advisory Council Members (9/01/11-

1/31/2012)

AIM Foundation Forty Acres Scholarship in

Business

Sylvie and Gary Crum Forty Acres

Scholarship in Business

Student Presentation

Undergraduate Research Assistant Program

McCombs Advisory Council

Master of Science in

Technology Commercialization

History and Curriculum

March 9, 2012

History • Founded by former Dean George Kozmetsky

in 1995. The first class graduated in May

1996.

• The mission of the MSTC Program is to

combine cutting-edge technology,

entrepreneurship and education to bridge the

gap between ideas and needs in the

marketplace resulting in the creation of new,

innovative ventures.

• Note that the program is about

commercialization of technological

innovations in startups but also new product

lines in established businesses.

History–continued

• The program was housed in IC2 Institute from

its inception, but for many of its years it had a

difficult time meeting the quality standards of

the University.

• In 2010, it was moved by the Provost to the

McCombs School.

• McCombs has invested in the program:

Better recruiting and higher admissions standards;

Better classroom and on-line technology;

Curriculum reform; and

Staffing (more tenure-track faculty).

History–continued

• Now—no more problems with the University.

• Student quality and class size both have

increased.

• Student satisfaction has increased:

Exit survey question: As of today, how likely are

you to recommend the MSTC Program to a friend or

colleague?

Definitely yes = 5; definitely no = 1

Percent of 5s & 4s

• 2008 = 44%

• 2009 = 74%

• 2010 = 70%

• 2011 = 88%

Speaker

Series

STC 380 –

Converting

technology

to wealth

Speaker

Series

STC 382 –

Marketing

technological

Innovations

STC 386T1 –

Financing

new

ventures

Term 1-

Assessment

STC 384 –

Commercialization

strategy

Speaker

Series

STC 394c – Managing prod

development &

production

STC 395 –

New venture

creation

Term 2-

Organization

STC 385 –

Creative &

innovative

management

STC 391 – Tech transfer

in a global

economy

STC 396 –

New venture

design and

implementation

STC 386T2 –

Managing

technology and

business risk

Term 3-

Implementation

Lo

nd

on

Tri

p

Student Presentation

Masters of Science in Technology Commercialization

Break – 15 minutes

Breakout Sessions

Session 1 (10:00-10:45)

Session 2 (10:50-11:35)

Session Locations

Business Case for The University of Texas

Energy Poll (Salon D)

Masters of Finance (Tom and Cinda Hicks Room

#301)

Scholarship Initiative (Salon E)

President’s Update

Bill Powers

President, UT

Dean’s Report

Tom Gilligan, Dean

University of Texas

(McCombs)

SMU (Cox)

Texas A&M (Mays)

Michigan (Ross)

USC (Marshall)

Rice (Jones)

Dartmouth

0 10 20 30 40 50 60 70 80

Percentage of Alumni Giving to School

Participation Rates of Business School

Oklahoma (Price)

Dean’s Report McCombs School Foundation

Sources of funds

Uses of funds

Governance

Energy Poll release April 10-11

Goals and objectives

Proposed new McCombs Degrees

Masters of Finance – Fall 2012

Masters of IROM, concentration in Business

Analytics – Fall 2013

Accounting Centennial

www.utexasaccounting100.org

Health Care Symposium

Doing More with Less – April 26-27

Featured speakers

Ruth Anderson, Ph.D., R.N., Professor of Nursing

and Senior Fellow in the Duke University Center

for Aging and Human Development;

Donald Berwick, M.D., Founder and former

President and CEO of the Institute for Healthcare

Improvement;

Susan Dentzer, Editor-in-Chief, Health Affairs, the

nation’s leading journal of health policy; and

Mary Wakefield, Ph.D., R.N., Administrator, Health

Resources and Services Administration (HRSA)

Scholarship Initiative McCombs Scholarships Progress and Goals

Level Committed

Committed Since McCombs

Scholarship Initiative Goal

Forty Acres Scholarship 25 (6 per class) 75 (19 per class)

McCombs Presidential

Scholarship

60 (13 per class) 8 240 (60 per class)

McCombs Dean’s Scholarship 5 5 60 (15 per class)

Total 90 (19 per class) 13 375 (90+ per class)

*This table’s total of all scholarships currently funded varies slightly each year by 2-3 scholarships due to factors such as non-endowed gifts.

Facilities Master Plan Update

MBA Employment: Spring 2012 to date

Full-Time

66% with offers, 56% accepted*

LY: 63% with offers, 53% accepted

Internship

54% with offers, 35% accepted*

LY: 42% with offers, 34% accepted

*Interim student reported data as of 3/5/2012

MBA Historical Employment

2008 2009 2010 2011

3 month offers 92% 79% 93% 92%

3 month accepts 89% 78% 90% 89%

At grad offers 88% 70% 67% 82%

At grad accepts 82% 69% 65% 75%

Employment at Graduation and 3 months after

MBA Compensation, Class of 2011

Base Salary Average $101,412

Median $100,000

Signing Bonus Average $ 23,085

Median $ 20,000

MBA Recruiting Trends Increased student interest in Entrepreneurship

Marketing students most interested in high-tech and

social media sectors vs. CPG

Early FT acceptances reflect big firm hiring*

*based on 134 acceptances

Consulting 33% Marketing: General Marketing 19% Corporate Finance / Treasury 11% Investment Banking 11% Operations 7%

Investment Management / Research 6% General Management 5% Sales & Business Development 5% Human Resources 2% Venture Capital / Private Equity 2% Information Management 1%

MPA Career Services

Full-time employment

Steady and strong

2011 graduates – 95% have a job offer vs

2010 graduates – 93% have a job offer

Wealth of opportunity

In the past 5 years, 148 employers have hired

MPA students for an internship or full-time

employment

Average salaries = $52,614

BBA Career Services

Fall 2011 Highlights (preliminary data)

Median salary: $54,500 (Spring 2011 - $55,000)

Top industries: consulting, investment banking,

public accounting

Public accounting replaced high tech from last year

25% more banks participating in fall recruiting for

BBA’s

Public Accounting is now hiring BBA’s for their

respective Advisory Groups and we are now

seeing preliminary results that reflect the increase

Spring 2011 reported 88% of students secured

employment and 12% were accepted to grad

school

Applications MBA

Full-time applications down 10-15% from last year (larger

% decline in international vs. domestic)

Working professional and executive applications are up

10-15%

These trends are consistent with our peer schools

MPA

577 applications for class of 100 students; very

competitive

Reduction in US applicants is offset by increase in

international applicants

BBA

Fall 2011 – more than 7,100 applications; approximately

1,340 admitted

Fall 2010 – 6,157 applications; 1,436 admitted

Challenges

Budget

State revenues

Tuition

Graduate and executive education

Growth of Faculty

Lost 5 faculty (1 senior, 1 mid-level and 3

assistant professors)

Retired: 2 completed; 3 phasing out

Hired: 4

Outstanding offers: 3

Thank you, Gary

Gary Kelly’s term as Chair ends August

31, 2012

Effective September 1, 2012

Alan Dreeben new Chair

George Seay new Vice Chair

Questions, comments, discussion?

Dates to Remember

Fall 2012

November 8, 2012 – New Member Orientation

November 9, 2012 – Council Meeting, Spouse

Program and Hall of Fame

November 10, 2012 – Dean’s Pre-Game

Reception

Spring 2013

April 4, 2013 – Advisory Council Dinner

April 5, 2013 – Council Meeting and Spouse

Program

Thank you!