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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 Mays College’s voice will not go unheard during the search for the new Texas A&M president. Dr. Bob Strawser, accounting professor and former A&M Faculty Senate speaker, has been named to the 24-member search committee, which is comprised of A&M faculty, staff and student body president as well as community and corporate leaders.

The recently formed committee will head the national search for the university’s next president after Dr. Ray Bowen ’58 steps down in June 2002. Also serving on the committee are Mays College Development Council members Jerry Cox ’72, Bookman Peters ’59 and Carroll Phillips ’54.

Categories: Departments, Faculty

Mays alumnus J. Robert Collins ’88 plans to waste little time in his new post as president of the New York Mercantile Exchange (Nymex). Collins, who goes by “Bo,” is hoping to transform the country’s leading energy and metals market, according to a recent article in The Wall Street Journal.

Collins was appointed to the post after a highly successful run as senior vice president of natural gas trading at El Paso Energy in Houston, setting up the company’s trading program from scratch. Prior to joining Nymex as president, he served as a trade representative on exchange’s board.

“What was really appealing about my last job was the opportunity to come in and rebuild something that needed it,” Collins told the Journal. “I see the exchange in much the same way, considering all the possibilities that are in front of us.”

Categories: Former Students

Dr. Rajan Varadarajan, head of the Department of Marketing, has recently been named a Distinguished Professor of Marketing by Texas A&M President Ray Bowen and Provost Ron Douglas.

“This appointment evidences something we already know — Rajan is a scholar and individual of the very highest caliber,” said Dean Jerry Strawser. “On behalf of the Mays College, I am proud to congratulate Dr. Varadarajan on this prestigious and well-deserved honor. We are truly fortunate to have him as a member of our Mays College family.”

Varadarajan, who also serves as the Ford Chair in Marketing and E-commerce, has been awarded numerous honors for his research, including the Texas A&M University Distinguished Achievement Award for Research in 1994 and the Texas A&M Mays College of Business Distinguished Research Award in 1990.

In addition, Varadarajan has authored numerous journal articles on corporate, business and marketing strategy as well as co-authored a textbook.

Categories: Departments, Faculty, Staff

Enron, Memorial Hermann Healthcare Systems and Teradata, a division of NCR, have joined 21 other companies as members of the advisory board of the Mays College’s Center for the Management of Information Systems (CMIS), bringing the board to its largest ever number of corporate members.

CMIS advisory board members help plan strategies to keep students abreast of the business technology marketplace. The three newest board member companies join Wal-Mart, VALIC, USAA, TXU Business Services, Tactica Technology Group, Neiman Marcus, MBNA America, ExxonMobil, Federal Express, Frito Lay, Inc., Information Advantage Associates, J.C. Penney Co. Inc., Conoco, Inc., Dell Computer Corp., COMPAQ, Cap Gemini Ernst & Young, EDS, BP Amoco, Anadarko Petroleum Company, Accenture and EnFORM.

“In the fast-changing world of technology, partnerships between academic institutions and industry are vital to the education of students destined for the technology world,” said George Fowler, CMIS director. “It is wonderful to have so many valued companies on the CMIS board of advisors. I am pleased that the numbers continue to grow, and I am very pleased that this growth includes such a variety of industries.”

Categories: Departments, Faculty

Although they’re not racy stories that are likely to compete for tabloid headlines, they are definitely top reads among prospective MBA students.

In its third year, Business Week Online‘s MBA Journals brings to life the stories of several dozen MBA students from around the nation. Among the 11 new first-year students who’ll be recounting everything from the application process to their first exam over the 2001-2002 academic year are Mays MBA students Megan and Drew Hess.

Selected among 150 first-year students, the husband and wife team will periodically submit journal entries to the series, which is available only on the Web.

According to Wendy Flynn, assistant director of the Mays MBA Program, the journals will provide a great opportunity for exposure to the Mays program. “Everyone in the Mays College is very excited about this,” she said. “Special thanks to Megan and Drew for taking the time to apply, as well as to others who applied to Business Week for these positions.”

Stay tuned to Mays Business Online for more about the Hess’ experience as MBA Journal Writers. You can check out the series by visiting the B-School section of Business Week Online.

Categories: Departments, Programs, Students

Under the direction of Dr. George Fowler, the college’s Center of Management Information Systems (CMIS) is in the process of developing two new programs. Starting this fall, the CMIS Scholars Program and a mock interview program will help give students expanding opportunities within the information technology field.

“As director, my goal has been to reorient CMIS to project focus,” says Fowler, who assumed the role in January. “CMIS is an academic center. We concentrate on determining what kind of employees the industry wants and on forming partnerships with leading companies to help produce the kind of students that fulfill those expectations.”

According to Fowler, the CMIS Scholars Program will be sponsored by five companies from the corporate advisory board and will give five chosen students within the Department of Information and Operations Management (INFO) the opportunity for an internship as well as a $2,000 scholarship.

The mock interview program has companies from the corporate advisory board send representatives to A&M to stage simulated job interviews with INFO students. The representatives then will provide them with critiques and pointers for improved performances.

Along with these two new activities, Fowler said he will keep an existing program designed to have a company present students with a problem that MIS majors would likely come in contact with in a potential job. The students then have a week to come up with a presentation of their grasp on the problem and a proposed solution.

“It allows students who don’t have the best grades to shine through,” Fowler said. “It gives them an opportunity to be seen by corporate representatives. I am proud of our students. And I like to think that CMIS contributes to making them good students for good companies to hire.”

Categories: Departments, Faculty, Programs

Mays College staff members were recently recognized at the annual Brazos Bravo awards, sponsored by the Brazos Valley chapter of the International Association of Business Communicators (IABC), a 13,700-member non-profit organization for communication professionals.

Bob Beals, art director with the Real Estate Center (REC), and graphic designer J.P. Beato won a Brazos Bravo Award, the highest award given, for the design of the REC’s Tierra Grande magazine. Beals and Beato also received recognition of achievement for the REC’s annual report. In addition, the REC’s video “Affordable Housing: The Crisis in Texas” was recognized with a certificate of excellence.

In recognition of his more than 30 years of service to IABC, David Jones, senior editor with the REC, was presented the Edna Smith Standing Ovation Award, which recognizes outstanding volunteer efforts of an IABC-Brazos Valley chapter member. Jones has been with the REC more than 25 years.

The Mays Business Online team of Lara Zuehlke, Kendra Morris, Matt Tesauro and Pam Gerbig was recognized with an award of excellence for the launch of Mays Business Online and an award of achievement in the e-magazine category.

Categories: Departments, Faculty

Two staff members are retiring after successful careers with the Mays College and Texas A&M. Lucy Morgan, an administrative assistant with the college’s Center for Retailing Studies, is retiring after 15 years of dedicated service to A&M. Laura Taska, a staff assistant in the Real Estate Center, is also retiring this summer, after more than six years with the college and a total of 13 with the university.

Categories: Departments, Faculty, Texas A&M

While the rise in electronic commerce (e-commerce) is bringing about changes to all business sectors, marketing is one area that stands to be heavily affected. At the 21st annual American Marketing Association’s Faculty Consortium, marketing faculty, industry consultants and business people from across the country will be on hand at the Mays College to discuss the implications of the emerging electronic marketplace.

Hosted by the Department of Marketing, the consortium will bring more than 120 speakers and attendees to the Wehner Building July 14-17. This is the second time the college has hosted the annual conference, the first in 1985.

“Some very distinguished faculty will be here sharing their expertise,” says Rajan Varadajan, consortium co-chair and head of the Department of Marketing. “The consortium will foster an interactive discussion on the alternate approaches business schools are taking to incorporate e-commerce into their curriculum.”

With e-commerce as the centerpiece of the conference, program sessions will address the technology’s impact on marketing education, practice and research. Session topics, for example, range from interactive environments and consumer behavior to teaching and conducting research in e-commerce.

According to associate professor of marketing Manjit Yadav, the consortium will also bring together two commonly held viewpoints about the role of e-commerce in marketing.

“Some argue that e-commerce and related technologies are simply an extension of existing technology and that we shouldn’t reinvent the wheel,” says Yadav, who’s also a consortium co-chair. “The other viewpoint argues that there are significant differences and that e-commerce technology is not an extension of the television or telephone.”

In addition to exposing the challenges and opportunities associated with e-commerce, Yadav says the consortium “provides a great opportunity for the Department of Marketing and the college to showcase our work and our facility.”

Categories: Departments, Faculty

Kelli Shomaker has accepted the appointment as director of the Mays College Fellows Program, an undergraduate professional program for juniors. Shomaker, herself a former Fellow, serves as an academic advisor for the Department of Accounting and teaches financial accounting principles.

In addition, she is a member of the Fellows Advisory Council and is a faculty advisor to the Brotherhood of Christian Aggies. Shomaker will assume the post starting July 1 upon the departure of Dr. Tim Peterson. Peterson, who has served as Fellows director since 1998, is leaving the college to accept a faculty position at Oklahoma State University-Tulsa.

Categories: Departments, Faculty, Programs