Lead Story

Mays Business School receives largest single commitment in school’s history from Mays Family Foundation

Mays Business School, April 10th, 2017

In support of Mays Business School at Texas A&M University, the Texas A&M Foundation has received a commitment of $25 million from the Mays Family Foundation, the largest single commitment in the school’s history. The gift is part of an overall lifetime giving of $47 million, including a $15 million commitment in 1996 that resulted in the school’s renaming to Mays Business School.


The $25 million contribution will develop students’ entrepreneurial capabilities through a new Lowry Mays Entrepreneurial Leadership Academy program with the Center for New Ventures and Entrepreneurship, and will support several areas of innovation in Mays Business School, including the proposed expansion of the school’s headquarters, the Wehner Building, and the school’s study abroad programs.

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The story of Mays Business School Professor Henry Musoma and Texas A&M University student Ashton Robinson has surprised them both as it has rippled through personal and corporate social media outlets worldwide.

Robinson, a single mom, told Musoma last Thursday she would not be able to attend class because she couldn’t find a babysitter. Instead of giving her the class notes, as she had asked, Musoma encouraged her to bring the baby to class. Toward the end of the class period, Musoma – the father of four – picked up a restless young Emmett and held him as he finished his lecture.

Robinson posted on Facebook how impactful Musoma’s gesture was to her: “Being a single mom is so challenging but it’s people like Dr. Henry Musoma that make life just a tiny bit easier! THIS is why I’m so proud to be an Aggie! Definitely something I’ll never forget and can’t wait to someday tell Emmett that it’s because of people like this that mommy was able to graduate from the best university in the world.”

Five hours later, those six lines had spread worldwide, and Musoma heard from friends, former students, the president of Texas A&M University, and family members in his home country of Zambia, Africa.

“I never imagined such a thing would happen,” Musoma said. “I was just trying to make sure she had the support she needs to succeed – as I would for any student.”

Musoma teaches “Ethical Decision Making and Conduct” at Mays and International Leadership at the Bush School of Government and Public Service.

The story continues

During that same class period Thursday, Mays Business School Dean Eli Jones surprised Musoma with an award – the first Mays Business School Spirit Award. The plaque reads, “For your selfless service and dedication to students and their educational needs and pursuits and for your heart for building community.”

“One of the things that we pride ourselves on at Mays Business School is having a community that’s connected, a community that’s caring. That’s all part of our Strategic Plan,” Jones said. “But he’s not doing it for the Strategic Plan. He’s not doing it because of our culture, necessarily. He’s doing it because this is who he is.”

Jones was joined in the auditorium by Marty Loudder, associate dean of undergraduate programs; Duane Ireland, executive associate dean; and Wendy Boswell, head of the management department.

After a few moments of silence, Musoma broke into an impromptu lecture. “When you do kind deeds you never die. So when you are a generous person, you have no fear of death.”

Then in another act of selflessness, he led the class in singing “Happy birthday” to one of the students before beginning his lecture.

Ashton Robinson and Henry Musoma are surprised in class by Dean Eli Jones and Marty Loudder, associate dean of undergraduate programs; Wendy Boswell, head of the management department; and Duane Ireland, executive associate dean. Credit – Taylor Stephens

 

Categories: Center for Business International Studies, Dean Eli Jones, Faculty, Featured Stories, Management, Mays Business, News, Students, Texas A&M

Mays faculty, staff, and students stepped in and stepped up to provide monetary aid and goods after Hurricane Harvey. One effort was #BTHOHarvey, a student-led initiative that has raised $140,000 in monetary donations and collected thousands of donated goods, in partnership with former student Von Miller, who is the honorary captain of #BTHOHarvey.

#BTHOHarvey organized a Donation Drive Rally where four large trucks, donated by Conlee-Garrett Moving, and an Army hauler were filled with goods that were distributed to Rosenberg, Beaumont, and Port Arthur. Clinical Assistant Professor Henry Musoma was the keynote speaker for the Donation Drive Rally, and Recruiter/Academic Advisor Corey Stone has served as the staff advisor for the #BTHOHarvey initiative.  At Texas A&M University’s home opener football game, #BTHOHarvey partnered with Aggie Athletics, Maroon Out, and CC Creations to coordinate a “Relief Out,” where thousands of T-shirts were sold, resulting in additional donated funds to relief efforts.  The initiative is currently finalizing plans for fall volunteer outreach events along the Gulf Coast region and is partnering with President Michael K. Young and the George Bush Presidential Library Foundation to raise additional funds via the Hurricane Relief for Aggies Fund and the One America Appeal.

At Texas A&M University’s home opener football game, #BTHOHarvey partnered with Aggie Athletics, Maroon Out, and CC Creations to coordinate a “Relief Out,” where thousands of T-shirts were sold, resulting in additional donated funds to relief efforts.  The initiative is currently finalizing plans for fall volunteer outreach events along the Gulf Coast region and is partnering with President Michael K. Young and the George Bush Presidential Library Foundation to raise additional funds via the Hurricane Relief for Aggies Fund and the One America Appeal.

Plans are being finalized for fall volunteer outreach events along the Gulf Coast region. Organizers are partnering with President Michael K. Young and the George Bush Presidential Library Foundation to raise additional funds via the Hurricane Relief for Aggies Fund and the One America Appeal.

At Texas A&M University’s home opener football game on Sept. 2, #BTHOHarvey partnered with Aggie Athletics, Maroon Out, and CC Creations to coordinate a “Relief Out” where thousands of T-shirts were sold, resulting in additional donated funds to relief efforts.

The initiative is currently finalizing plans for fall volunteer outreach events along the Gulf Coast region and is partnering with President Michael K. Young and the George Bush Presidential Library Foundation to raise additional funds via the Hurricane Relief for Aggies Fund and the One America Appeal.

BTHO Harvey Mission Statement:
Driven by selfless service, BTHO Harvey is a network that connects current students, former students, and other members of the Texas A&M community in an effort to provide both immediate and long-term relief to those impacted by Hurricane Harvey.

Learn more at Texas A&M Today.

Categories: Faculty, Mays Business, News, Staff, Students, Texas A&M

In response to the ongoing reports from employees and students who have been heavily impacted by Harvey, we have created a disaster relief program to help identify and meet the rising needs of our Aggie family.

Those in Need

In response to the ongoing reports from employees and students who have been heavily impacted by Harvey, we have created a disaster relief program to help identify and meet the rising needs of our Aggie family.

Because of very limited funds and supplies, we ask that people only request services that they critically need. An advisory board will help determine the support for each request and allocate our finite resources.

We appreciate everyone’s understanding and patience with this process. We are doing everything we can to make sure everyone in our Aggie family is cared for. If you are a member of the Aggie community and need assistance, please let us know through one of the links below:

Resources

FEMA is offering assistance with housing, employment, finances, food, housing, legal aid and medical expenses. Visit www.disasterassistance.gov or call 1-800-FEMA (3362) for more information on how to request assistance.

For food, clothing, evacuation/transportation assistance, or other immediate assistance, contact:

USA.gov offers advice for dealing with the aftermath of Hurricane Harvey, from seeking disaster assistance to moving back into your home.

Coping with a disaster can be emotionally distressing. You can talk to a professional who can help you cope with this stress at the Disaster Distress Line. Call 1-800-985-5990 or text TalkWithUs to 66746.

The widespread damage caused by Hurricane Harvey has led to many rumors and misinformation. FEMA has posted a Rumor Control web page listing many of these rumors and whether they are true or false.

 

Categories: Uncategorized

By Texas A&M Foundation

The Texas A&M Foundation has received two lead gifts totaling $4 million in a $10 million fundraising campaign to name the Department of Accounting in honor of James J. Benjamin in Mays Business School at Texas A&M University. David Baggett, a 1981 graduate of the university with a degree in accounting, and his wife Denise have committed $2 million to the campaign. Ernst & Young has also committed a gift of the same amount. Both gifts will be endowed to support the needs of the department and to ensure its future growth.

The idea to name the Department of Accounting resulted after discussions between Mays Business School, David Baggett and Ernst & Young partner, T. Randall “Randy” Cain, a 1982 graduate from the accounting program and a Texas A&M Foundation trustee. James Benjamin was presented as a worthwhile namesake for the department because of his decades-long commitment to students. The Texas A&M University System Board of Regents recently approved the naming of the James J. Benjamin Department of Accounting.

“The Department of Accounting at Texas A&M is one of the leading accounting programs in the United States, largely due to Dr. Jim Benjamin’s leadership over 35 years as department head,” said Eli Jones, dean of Mays Business School. “In recognition of his extraordinary leadership and selfless service, former students David Baggett ’81 and Randy Cain ’82 have co-led the fundraising effort to name the department in honor of Dr. Benjamin. This funding will help sustain efforts in the department to maintain its national prominence in accounting research and teaching.”

The campaign to name the Department of Accounting is intended to enhance the visibility of the department and provide young people in the field additional opportunities to explore the accounting profession. In addition, the endowment will allow the department to recruit outstanding faculty, develop international opportunities for students to learn global accounting practices, and support high-impact educational programs, such as the Professional Program and the Energy Accounting Program.

Benjamin is the Deloitte Foundation Leadership Professor and head of the accounting department. He joined the faculty at Texas A&M in 1974 and has served as department head since 1982. After attaining his undergraduate degree and CPA license, he received his M.B.A. and DBA degrees from Indiana University. He previously served as the Ph.D. coordinator for Mays Business School and director of the school’s honors program.

“Over the past almost four decades, Jim Benjamin has been a driving force in the transformation of our business school,” said David Baggett. “When I came to Texas A&M in 1979, we were known largely as an engineering and agricultural school.” Today, some 38 years later, the Mays Business School undergraduate accounting program is consistently recognized in the top 10 among public universities, while the bachelor’s, master’s and Ph.D. programs made Public Accounting Report’s top 10 list for 2017.

“With Jim’s personality, business savvy and leadership skills, he would have been very successful in the corporate world,” added Baggett. “Fortunately for me and thousands of other accounting and business graduates, Jim dedicated himself to our success.”

“We are excited to be part of this effort to name the accounting department after Dr. Jim Benjamin and know the resulting endowment will serve future students for decades to come,” said Denise Baggett.

Half of the Baggetts’ contribution to the accounting program campaign will create a matching gift fund to encourage other donors to contribute to the cause.

“At Ernst & Young we are a purpose-driven organization focused on building a better working world,” said Cain. “When I think of Texas A&M, I can’t think of a better place to invest when we’re trying to live our purpose. Students come out with a set of instilled values, and this marries up with the EY purpose. You have to give credit to Jim Benjamin, who has been an extraordinary visionary in the world of accounting education.”

In addition to the two lead gifts to the campaign, Mays Business School has also received commitments from KPMG LLP, Deloitte, Karen Pape ’80, Karen and Rodney Faldyn ’88, Becky ’76 and Monty Davis ’77, Lina and Kenny Lawson, Marian ’82 and Willie Langston ’81, Wanda and Lou Paletta ’78, and Kay ’02 and Jerry Cox ’72, Tracy and Randy Hale ’85, and Mark Kelly ’79. Combined, these pledges, along with other commitments, total nearly $7.5 million.

“I was humbled and honored when I learned of the initiative to name the Department of Accounting,” said Benjamin. “While I have been gratified to be a part of the growth and success of the accounting program, I have always recognized that our growing reputation was a product of exceptional students and talented and dedicated faculty. I have been truly blessed to be surrounded by such great students, faculty and former students throughout my career.”

All gifts toward the James J. Benjamin Department of Accounting naming also count toward the Texas A&M “Lead by Example” campaign, which aims to raise $4 billion by the year 2020. If you wish to make an endowed gift of $25,000 or more to support the naming initiative, contact Brian Bishop at (979) 862-3615 or bbishop@txamfoundation.com. You can also contribute non-endowed gifts online at give.am/JamesBenjamin.

Mays Business School

Mays Business School’s vision is to advance the world’s prosperity. Their mission is to provide a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,200 undergraduate, master’s and doctoral students in accounting, finance, management, management information systems, marketing and supply chain management. Mays consistently ranks among the top public business schools in the country for its programs and faculty research.

Texas A&M Foundation 

The Texas A&M Foundation is a nonprofit organization that unites generosity and vision to raise and manage major endowed gifts that support the future of Texas A&M University. For additional information and for photographs, please contact Dunae Crenwelge at dcrenwelge@txamfoundation.com or (979) 845-7461.

“Lead by Example” Campaign

Launched in 2015, Texas A&M University’s third comprehensive fundraising campaign, “Lead by Example,” is a joint effort between Texas A&M and its affiliate organizations: the Texas A&M Foundation, The Association of Former Students, the 12th Man Foundation and the George Bush Presidential Library Foundation. With a goal of reaching $4 billion by 2020, it is the largest higher education campaign in Texas history and the third largest conducted nationally by a public university. The campaign will generate gifts in three major areas: Transformational Education; Discovery and Innovation; and Impact on the State, Nation and World.

For more information about the campaign, visit leadbyexample.tamu.edu.

 

Categories: Accounting, Alumni, Departments, Donors Corner, Faculty, Featured Stories, Former Students, Mays Business, News, Texas A&M

By Jeffrey Quinn ’20

Business Honors and finance

On May 10th, I embarked on my journey to Mbale, Uganda, where I volunteered with an organization called HELP International. HELP International is a non-governmental organization (NGO) that has volunteer programs in multiple locations across the world, but has had volunteers on the ground in Uganda for the last seven years. My volunteer experience lasted for six weeks from May 12th to June 23rd. I had a lot of individuals try to discourage me from traveling to Uganda because of the danger they associated with living in Africa, but I was determined to empower Ugandans in their fight against poverty.

I will never forget the six weeks I spent working in Mbale and the lessons that the truly amazing local men and women taught me.

A problem to solve

One of HELP’s most important partnerships was with an orphanage in the Sibwala Village that is home to 300 orphans. The most immediate problem that faced the orphanage was its failure to be sustainable if HELP International no longer provided funding. One of the most vital lessons I learned during this internship is the importance of sustainability when doing developmental work. The most effective form of developmental work is providing individuals with knowledge and the ability to be sustainable without any outside intervention. This is why I felt it was important to immediately tackle the failure of the Sibwala Orphanage to be sustainable.

…Read more

Categories: Business Honors, Center for Business International Studies, Centers, Featured Stories, Finance, Mays Business, News, Spotlights, Students, Texas A&M

By Dunae Crenwelge, The Texas A&M Foundation

The Texas A&M Foundation has received commitments of $3 million from the Mays Family Foundation and $2.6 million from the Charles Koch Foundation to establish the Mays Innovation Research Center (MIRC) within the Mays Business School at Texas A&M University.

With these contributions, both foundations continue their legacy of philanthropy at Texas A&M. In 2017, the Mays Family Foundation has given a record $25 million in support of Mays Business School, bringing its lifetime contributions to more than $50 million. This contribution marks the first gift from the Koch Foundation to Mays Business School, although the organization has supported other endeavors at Texas A&M.

Drawing from academic disciplines across the Texas A&M campus, MIRC will examine the nature of innovation. Research at the center will focus on how innovation advances human potential; the essential conditions necessary for innovation to flourish; how innovation spreads; and the social, economic and legal frameworks necessary to support innovation. Many traditional university innovation centers focus on teaching the history, theory, and practice of innovation. By contrast, MIRC is a research-oriented academic center that will engage in the study of innovation to advance knowledge in this important field.

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Categories: Centers, Donors Corner, Featured Stories, Mays Business, News, Texas A&M

Mays Business School’s Strategic Philanthropy course, in partnership with the George Bush Presidential Library Foundation, is currently accepting applications from local area community organizations for its Community Grant Program. To be eligible, an organization must be a 501(c)(3) non-profit entity based in the Brazos Valley. Applicants must submit an application detailing their programming and budget requirements for the upcoming year at the following link:

The maximum grant awarded will be no more than $25,000.

The deadline to submit applications is Sept. 29. The 2017-2018 Community Grant recipients will be announced in December.

Questions should be directed to Kyle Gammenthaler at kgammenthaler@mays.tamu.edu.

Categories: Mays Business, News, Texas A&M

The accounting program at Texas A&M University was recently ranked in the top 10 across all degrees by the Public Accounting Report. The undergraduate and doctoral accounting programs both ranked 9th, while the master’s program was cited as the 10th best in America.

“I was delighted that our programs were all ranked in the top 10 nationally by the Public Accounting Report,” commented James Benjamin, Deloitte Foundation Leadership Professor and Department Head of the Accounting Department at Mays. “Texas A&M was one of only five schools to rank in the top 10 for bachelor’s, master’s, and Ph.D. programs. I believe that our ranking reflects the combination of high-quality students, a unique culture, dedicated faculty, and innovative programs.”

The Public Accounting Report rankings are the most commonly cited ranking of accounting programs, Benjamin said. The annual ranking is the only survey that allows well-respected accounting faculty to determine which accounting programs are most successful out of 200 universities.

Categories: Accounting, Departments, Mays Business, News, Rankings, Texas A&M

Wednesday Update:
Mays Business School CityCentre Houston facility will be closed until Monday, Sept. 4. Professional MBA classes are cancelled for the weekend of Sept.1-2. For any students experiencing severe hardships, including difficulty with returning to classes in the near future, please contact Student Assistance Services and the MBA Program Office: Executive MBA: Julie Orzabal jorzabal@mays.tamu.edu and Professional MBA: Mike Alexander malexander@mays.tamu.edu.
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Tuesday Update:
Mays Business School CityCentre Houston facility will be closed Tuesday, Aug. 29 and Wednesday, Aug. 30. All classes and activities are cancelled.
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Monday Update:
Texas A&M University-College Station officials announce that classes on the College Station campus will begin as planned on Wednesday, Aug. 30.  For updates on the College Station campus, visit emergency.tamu.edu
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Sunday Updates:

Texas A&M University-College Station officials announce that classes are cancelled Monday, Aug. 28, and Tuesday, Aug. 29. For updates on the College Station campus, visit emergency.tamu.edu

Due to inclement weather, Mays Business School CityCentre Houston facility will be closed on Monday, Aug. 28 and Tuesday, Aug. 29. All classes are cancelled.
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Friday Update:

Due to inclement weather, Mays Business School Executive MBA classes at CityCentre Houston are canceled at 1 p.m. on Friday, Aug. 25 and all day on Saturday, Aug. 26. For updates on the College Station campus, visit emergency.tamu.edu.

Categories: Uncategorized

Mays recognized faculty, staff, and Ph.D. students at the Aug. 25 Faculty/Staff Meeting.

New Staff Colleagues: 

  • Emily Ponder, Executive Assistant I (ACCT)
  • Sarah Hooper, Academic Advisor I (UAO)
  • Bailey Urban, Program Coordinator (BUSP)
  • Kimberly Sutphen, Assistant Director (CED)
  • Andrew Vernon, Communications Specialist II (CRS)
  • Cassie Bell, Assistant Director of Development (DEANS)
  • Blake Parrish, Director of Marketing, Communications and Public Relations (DEANS, Marcomm)
  • Tom Rolicki, Digital Services Marketing Manager (DEANS, Marcomm)
  • Taylor Stephens, Communications Specialist (DEANS, Marcomm)
  • Karen Lepley, Assistant Director (EMBA)
  • Alden DeMoss, Graphic Designer I (REC)

…Read more

Categories: Faculty, Mays Business, News, Staff