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Texas A&M Full-Time MBA ranked a Top 20 public program by U.S. News

Blake Parrish, April 1st, 2021

2022 RANKINGS HIGHLIGHT MAYS BUSINESS SCHOOL’S MBA EMPLOYMENT SUCCESS

COLLEGE STATION, TX, March 30, 2021 – Texas A&M’s Full-Time MBA (FTMBA) program has been named a top 20 U.S. Public program, according to the 2022 rankings released by U.S. News & World Report. Offered through Mays Business School, the FTMBA program ranks as the #16 public program in the U.S. and #38 overall, an improvement of four and six spots, respectively. The FTMBA also ranked #4 among U.S. Public programs in terms of the employment rate three months after graduation, a testament to the quality of the Aggie Network. The School’s Professional MBA (PMBA) program – offered from the Houston CityCentre campus – was also ranked with positions of #23 for public programs in the U.S. and #39 overall.

Detailed descriptions of the methodology used to determine the rankings are available at U.S. News and World Report’s site. The methodology includes criteria such as peer school assessment score (25%), mean GMAT and GRE scores (16.25%), recruiter assessment score (15%), mean starting salary and bonus (14%), employment rate three months after graduation (14%), and other factors.

“The entire MBA Programs office is geared toward preparing our students for success,” shared Arvind Mahajan, Ph.D., Associate Dean for Graduate Programs for Mays Business School. “From full-circle leadership development to high-impact opportunities in our MBA Venture Challenge, to students hosting and running the Humana-Mays Healthcare Data Analytics Case Competition – faculty, staff, and administration lead the way to develop students who will advance the world’s prosperity, our vision at Mays Business School. Students receiving benefit and returning the favor to the Aggie Network makes it worth the intensive effort.”

“Please allow me to express very sincere congratulations to students, faculty, staff, and the entire Mays leadership team regarding these prestigious outcomes for our MBA programs,” shared Duane Ireland, Ph.D., Acting Dean for Mays Business School. “These rankings demonstrate that Mays Business School is achieving success with efforts to achieve its mission of being a vibrant learning organization that creates impactful knowledge and develops transformational leaders.”

Applications for Texas A&M’s MBA programs are being accepted now for the class of 2023. For more information, visit: mba.tamu.edu

By Blake Parrish, Mays Business School Marketing, Communications, and Public Relations

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About Mays Business School

At Mays Business School, our vision is to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,400 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools for its programs and faculty research.

 

Media contact: Blake Parrish, Mays Business School Marketing, Communications, and Public Relations, bparrish@mays.tamu.edu.

The two-hour digital event hosted by the Center for Retailing Studies at Mays Business School will take a look at retail education and the skills needed by the Class of 2025 and beyond.

Event logo imageEngaging leaders from across the retail ecosystem, the Center for Retailing Studies (CRS) at Mays Business School will host a short-form discussion focused on the skills needed from future retail graduates to support the evolving needs of the industry. The virtual event will highlight the expertise and opinions of retail business function leaders, college recruiters, and trade press while informing participants of the plans for the future of the CRS program at Texas A&M.

“The pace of change has accelerated within the retailing industry, and many retailers and consumer brands are moving to integrate their physical and digital teams into a single, integrated business structure.  It’s important that we stay out in front of that change by continuing to update and refine our program,” said Scott Benedict, Executive Professor and Director of CRS and a 35-year omnichannel retail veteran.

The highly engaging, quick-format, agenda includes a roundtable discussion, breakout sessions, and recap discussion at the end of the session.

The roundtable discussion will focus on the evergreen retail skills that remain relevant, new expertise needed to run an omnichannel business, and ways to accelerate into the future, including high impact learning opportunities, featuring:

  • Whitney Cooper, Director, Omnichannel Transformation and Acceleration at Walmart
  • Jody Hall ’87 & ‘89, Vice President of Global Sourcing, H-E-B
  • Lauren Hill ‘07, Director of Merchandising – Home, Target

Breakout sessions will focus on relevant topics and experiences from speaker’s perspectives that will culminate with an alignment on 3-5 key findings and recommendations for the focus of retail education.

The report back from the breakout session leaders will recap the 3-5 key takeaways with layering comments by the roundtable members.

“It’s sure to be an exciting and informative time together,” shares Benedict. “From this input from our constituents and industry partners, we will gain another piece of the puzzle to how to best equip students for the future needs in the retail industry.”

Attendance is free. The Retail Innovators Roundtable – A look at retail education & the skills needed by the Class of 2025 and beyond will take place on Friday, July 16, 202,1 from 9 a.m. until 11 a.m. CDT.

More information can be found at http://tx.ag/RetailInnovators

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About the Center for Retailing Studies at Mays Business School

The Center for Retailing Studies at Texas A&M University serves the retail industry by educating the next generation of industry leaders, developing retail-related research, and by providing industry executive outreach & thought leadership. Founded in 1983 in response to an unmet industry need for college educated leaders, CRS has become a renowned source of industry knowledge and a pipeline for developing future retail leaders.: mays.tamu.edu/retail

Media contact: Andrew Vernon, Center for Retailing Studies, avernon@mays.tamu.edu

About Mays Business School at Texas A&M University

At Mays Business School, our vision is to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,400 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools for its programs and faculty research.

Visit Mays: mays.tamu.edu

Categories: Center for Retailing Studies, Executive Speakers, Former Students, Marketing, Mays Business, News, Programs, Texas A&M

By Meredith White, McFerrin Center for Entrepreneurship

COLLEGE STATION, JUNE 14, 2021 – The McFerrin Center for Entrepreneurship hosted its fourth annual Aggie PITCH on the evening of June 13, 2021. Aggie PITCH is open to all current and former students of the Texas A&M University System and seeks to identify the best Aggie business pitch. 20 startups were selected as finalists to compete for $35,000 in prize money across three divisions: current student full pitch, Former student full pitch, and elevator pitch. This is the first year that Former students were eligible to compete at Aggie PITCH. Each founder competing in a full-pitch division was allotted 10 minutes to give a pitch and answer questions on their business. A panel of anonymous judges made up of investors, successful entrepreneurs, and professionals was hidden among the crowd and selected the winners of the current and Former student pitch divisions. In addition, 9 current and Former student teams gave a 1-minute elevator pitch. Elevator pitch winners were selected by audience vote. The 2021 finalists boasted impressive entrepreneurial endeavors that included medical devices, novel SaaS ventures, and innovative consumer products. At the end of the night, the top startup pitches were announced and awarded significant cash prizes.

Lila Ross ’21, co-founder of Phage Biosciences, won 1st place and $7,500 in the current student full-pitch division. Phage Biosciences provides custom engineered solutions for fighting and controlling disease-causing bacteria. Due to the overuse of antibiotics, many bacteria have become resistant. Phage Biosciences wants to solve this massive public health crisis with their custom tailocins, which are antimicrobial proteins that punch a hole in a bacteria cell, effectively killing it. Ross, who traveled back to campus from out of state to participate in Aggie PITCH, said “Hearing all of the ideas and stuff I would have never thought of was a really unique experience, and so was getting to connect with people who share the same passions as you.”

Blake Petty ’98, Executive Director of the McFerrin Center commented, “The world doesn’t need more great ideas, it needs problem solvers. With Aggie PITCH returning in person, and now including Former students, the selfless service of fellow Aggies is able to thrive in the community that founded it and once again provide the community-based system that leads to the success of many entrepreneurs.”

2021 Aggie PITCH Winners

Current Student Division

1st Place ($7,500): Phage Biosciences| Lila Ross ’20, ’21

2nd Place ($5,000): Al-Ris| Uthej Vattipalli ’22

3rd Place ($3,500): Olera, Inc. | Logan DuBose ’22 

 

Former Student Division

1st Place ($7,500): Datalogz | Logan Havern ’19

2nd Place ($5,000): HelioWave Technologies LLC | Adrian Guzman ’08, ’12, ’19

3rd Place ($3,500): Divergene | Paola Correa, PhD ’15

 

Elevator Pitch Division

1st Place ($1,500): Real Rejuvenations LLC | R’riel Smith ’20

2nd Place ($1,000): Lazarus | Benjamin Omonira ’20

3rd Place ($750): Exosphere Fitness | Connor Pogue ’16, ’18

A full listing of the 2021 Aggie PITCH winners can be found at aggiepitch.com

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Media contact: Shanna Spencer, McFerrin Center for Entrepreneurship, (979) 458-8631, shannaspencer@tamu.edu.

Categories: McFerrin Center for Entrepreneurship

Kyle Koehler ’09 is an unlikely founder of a food manufacturing company. Yet Wildway –the company he co-founded in 2012–has benefitted from his financial acumen, commitment to health, and desire to live a values-based life that supports the creation of a better world. Koehler’s unconventional but highly successful path led to his selection as Mays Business School’s Professional Program in Account (PPA) 2021 Rising Star Award.

This honor recognizes a recent PPA graduate who is making a substantial impact on society through business acumen, exceptional leadership, or entrepreneurial success. “Kyle represents exactly what the PPA Rising Star Award is intended to recognize: he is a young, successful entrepreneur who co-founded Wildway just three years after graduating from Texas A&M University,” said Dr. Nate Sharp, head of the James Benjamin Department of Accounting in Mays Business School and the Nelson D. Durst Endowed Chair in Accounting. “As a PPA Rising Star, Kyle’s success demonstrates that ‘advancing the world’s prosperity’ often goes hand-in-hand with improving people’s lives. We are incredibly proud of what Kyle has accomplished with Wildway.”

An Adventure in Entrepreneurship

Koehler, who was born and raised an Aggie, took a circuitous route to being an entrepreneur. After graduating from Mays PPA Group 17, the native of LaGrange, Texas lived briefly in Austin before moving to New York City, where he worked for Ernst & Young. However, the big-city lifestyle eventually took its toll. “The corporate life got draining and exhausting, especially in New York City,” he said. “The hours and days were long and living there wasn’t fulfilling in my personal life. I wanted to pursue something that spoke to the values that I had personally and the lifestyle that I wanted to live.”

Kyle and his wife at the time, Kelli, decided to return to Texas, selecting San Antonio as their new home. “The main reason we chose to move back to San Antonio was to be closer to family,” Koehler said. “Family has always taken precedence for us and the importance of family is also built into our company culture. I always tell our people that family comes before your job and to never sacrifice family for work.”

The city also has proven to be a good fit in other ways. The proximity to the Hill Country offers ready accessibility to outdoor activities. Additionally, San Antonio’s business-friendly environment has been instrumental in the Koehlers’ rapid success as food entrepreneurs. “San Antonio is a very business-friendly city with a strong entrepreneurial culture and a great workforce,” Koehler said. “We would not be where we are today if we had to deal with the cost of building a manufacturing business in a more expensive city or state.”

Clean Eating

The idea to create Wildway was sparked by the Koehlers’ decision to clean up their diet. “We took out a lot of added sugars from our diet and started eating really healthy. We felt really good with it,” he said. “We made snack items for ourselves that were gluten-free, didn’t have any sugars, and were made with really clean ingredients. At one point, we wondered whether we could turn this into a business and make something of this.”

After founding the company in 2012, Kyle and Kelli spent the next year testing products and formulations for clean and tasty cereals, granolas, and snacks at the city’s small farmer’s markets. Feedback and sales proved promising. “The first time we attended a farmers market in San Antonio, we made enough granola for the entire weekend,” Koehler said. “When we sold out of everything in a little over an hour, that’s when we thought that we might have something worth building on a larger scale.”

Healthy Growth

Now, the company’s products can be found on the shelves of over 2,000 grocery and health-food stores across the nation. Wildway is sold in a variety of leading national and regional supermarkets, including H-E-B, Whole Foods Market, Sprouts, Kroger, and Wegmans.

The business, which currently has 12 employees, differs from many other food manufacturing companies. “We do all of our manufacturing in-house, which is a little different from a lot of food manufacturers that outsource their manufacturing to a firm that specializes in food manufacturing,” Koehler said. “We built our manufacturing plant from the ground up and there’s a lot of learning experiences there.”

This business model works, and the company’s rapid growth has caught the industry’s attention. Wildway was selected from 700 applicants to be among the nine companies to participate in the Chobani Food Incubator. The Aggie-owned small business was also one of 10 chosen for the PepsiCo Incubator. Both incubators mentor entrepreneurs as they grow their business to the next level.

Feeding Success

The Mays graduate’s role continues to evolve as the company grows. Originally tasked with handling the accounting as well as a broad range of jobs necessitated in a small business, Koehler now primarily oversees the business’s finances and operations. Kelli, who was recognized by the Association of Former Students in the 2021 “12 Under 12 Young Alumni Spotlight,” focuses on marketing.

Koehler credits much of the company’s success to what he learned at Mays and Texas A&M. “There are a lot of people who go into business without a business background because they are passionate about a product, a particular service or particular thing they can make,” he said. “The business background for me was very important in starting and growing the business. Knowing how to read a financial statement and how to balance a budget when we were first starting out was incredibly helpful. I think a lot of extracurricular activities that I was involved in at the university also helped with my leadership ability and ability to manage people.”

As the company continues to grow, Koehler remains dedicated to bringing positive change to the world through manufacturing clean food. “Kyle epitomizes the Aggie core values, especially excellence, integrity, and selfless service. Wildway, the company Kyle and Kelli have created, provides a high-quality product intended to make people’s lives better and healthier,” said Dr. Mike Shaub, the Deloitte Professional Program Director Professor. “Kyle shows his integrity in being uncompromising about being fully himself, and his focus is on others, whether that is the customer or his employees. He wants a healthy work environment, a healthy community, and a healthy world. He did not go into this venture to get rich, but to make the world a better place by what he saw as a genuine need. What better way to advance the world’s prosperity?”

Categories: Alumni, Former Students, Mays Business, News, PPA, Programs, Texas A&M

Texas A&M University junior Sunjay Letchuman ’22 is the first Mays Business School undergraduate to have a manuscript published in a major medical journal.  He co-authored the article, “Trust-Based Partnerships Are Essential—and Achievable—in Healthcare Service,” with Dr. Leonard L. Berry, who holds the M.B. Zale Chair in Retailing and Marketing Leadership, and two leading clinicians. The article will appear in the June 2 issue of the Mayo Clinic Proceedings.

Letchuman, who is enrolled in Mays’ Business Honors program, appreciated the support and guidance he received from Berry. “Publishing in a journal like Mayo Clinic Proceedings is essentially an unattainable achievement for an undergraduate student, so this has been an enormous privilege for me. Texas A&M professors perform top-tier research all across campus, and it is rewarding for Texas A&M students to perform any kind of research here,” said the Texas A&M’s University Scholar and Undergraduate Research Scholar. “But working with Dr. Berry is a distinct honor. Dr. Berry is a leader in improving healthcare service, and his work has been cited more times than any other Texas A&M professor. For a student like me who is committed to learning how to improve our healthcare industry, working with Dr. Berry is a dream come true.”

The article also marks the first time that Berry, a University Distinguished Professor and Regents Professor, has published an article with an undergraduate. “Sunjay is one of the finest students I have taught in my career—extremely smart but also intellectually curious, intuitive, and a hard worker,” said Berry, who also serves as a senior fellow at the Institute for Healthcare Improvement in Boston, MA. “Following the end of the healthcare course he took from me he asked if he could collaborate on a future article; I had never collaborated with an undergraduate student before on research. But if I was ever going to do it, he was the student.”

Creating the manuscript also gave Letchuman, who is accepted to the Icahn School of Medicine at Mount Sinai, the opportunity to work with two leading clinicians:

  • Rana L.A. Awdish, the director of the Pulmonary Hypertension Program for the Department of Pulmonary and Critical Care Medicine of Henry Ford Health System. She also serves as the medical director for Care Experience at Henry Ford Health System.
  • Karina Dahl Steffensen, a medical oncologist, and professor, and director of the Center for Shared Decision Making in the Department of Clinical Oncology at Vejle Hospital in Vejle, Denmark.

The co-authors’ article suggests that creating trust-based partnerships between patients and the clinicians who care for them have never been more important as the world’s healthcare systems continue to be challenged by the coronavirus pandemic. Offering a vision for healthcare’s role as a service provider, the paper’s core argument is that patients’ trust of their doctors is about more than the science.  The co-authors write, “…excellent healthcare requires more than mere trust in clinicians’ professional ability; it centers on both competence and partnership. This multidimensional trust involves patients’ confidence that a clinician is interested in them as a person, not just as a patient; will be a reliable, caring partner in preventing, diagnosing, and treating disease; and will offer support when curative treatment is not possible.”

This renewed focus on trust between clinicians and patients was underscored during the COVID-19 pandemic when clinicians were placed in a role of providing extraordinary support and clear communication when families were unable to enter intensive care units. The co-authors argued that the role of trust is a central issue in the rollout of the COVID-19 vaccines since many members of racial and ethnic minority groups have long-standing—and well-founded—concerns about healthcare.

The co-authors believe that creating and nourishing this deeper level of partnership between clinicians and patients will require the implementation of four, interrelated service-quality concepts: empathetic creativity, discretionary effort, seamless service, and mitigation of fear.

Health organizations that prioritize these concepts proactively adopt key institutional policies and procedures, including investing in organizational culture; hiring health professionals based on their values as well as their skills; promoting continuous learning; honoring the importance of language in all care interactions; offering patients “go-to” sources that provide timely assistance; and creating systems and structures that are designed to encourage trust.

Letchuman, who will have a health policy internship with the U.S. Senate’s Committee on Health, Education, Labor, and Pensions in summer 2021, plans to use what he is learning at Mays to support his medical career and to influence healthcare policy. “The paper we wrote really boils down to how we can practice better medicine by improving trust between patients and clinicians. As a future clinician, it will be my duty to implement the service concepts and practices outlined in our paper,” he said. “In a broader sense, working on this paper has taught me the value of bringing a humanistic, empathy-driven approach to improving patient care. These are lessons that I will carry forward in my own career. By designating healthcare as one of its three Grand Challenges, the Mays Business School has cultivated an environment where business students are driven to make a difference in healthcare.”

 

 

Categories: Health Care

Business Honors Students utilize Mays Transformational Leadership Mindsets in High-Impact Learning event

Mays Business School students Mia Barone ’21, Steven Gooch ’22 and Laura Key ’22 won top divisional honors at the Loyola Marymount University’s International Business Ethics and Sustainability Case Competition. This high-impact learning event, which was held virtually April 8-9, challenged participants to create a solution based on one of the United Nations’ Sustainable Development Goals. The Aggie team proposed that Amazon could protect the ocean’s viability by changing its maritime shipping approach.

Case competitions offer an opportunity for Mays students to further develop their transformational leadership mindset. “Participating in an international case study provides Mays students an opportunity to exhibit the culmination of business competency and experience gained in the classroom and through high-impact activities on a global scale,” said Katy Lane ’02, the director of Mays’ Center for International Business Studies, which sponsored the team in the case competition. “Working as a cohesive team to analyze and clearly communicate their solution is essential to succeeding in the high-pressure environment. In many cases, judges are from companies or organizations seeking to implement the winning solutions to make a positive social impact.  These teams clearly display the Mays Transformational Leadership mindset in action.”

Changing Course

Advised by Dr. Daria Panina of Mays Department of Management, the student team focused on the UN goal of conserving and sustainably using the oceans, sea, and marine resources for sustainable development. Their full presentation had to address the legal, financial, and ethical dimensions, and their recommendation had to be a solution that was viable on all counts. As part of this session, the Aggies, who are part of Mays Business Honors program, were questioned by a panel of judges who have executive experience in corporate ethics, compliance, corporate social responsibility, executive leadership, and sustainability. This panel did not include representatives from Amazon, which was the focus of the Mays’ team’s case.

The Aggies recommended integrating the practice of slow steaming into Amazon’s maritime cargo operations. “Right now, there’s a lot of sustainability work being done on the company’s consumer-facing, warehouse-to-door operations–electric delivery vehicles, sustainable mailers, shipment zero goal, etc.–but no responsibility is being taken for the impact of Amazon’s inbound logistics process through their shipping subsidiary,” said Barone, who is majoring in marketing and analytics.

The team’s presentation pointed out that a large proportion of the merchant fleet relies on bunker fuel, which contains a high amount of sulfur. The fleet’s fuel combustion releases large amounts of sulfur and nitrogen oxides, which acidify the marine environment and contribute to reduced calcification, erosion of coral reefs, and adverse effects on human health, especially in coastal communities. One cargo ship creates the same amount of pollution as 50 million cars[1].

Amazon ships approximately 3.2 million inbound shipping containers per year to warehouses globally; these containers hold $127.6 billion in products. The Mays team recommended that these ships adopt slow steaming. This approach, which reduces the ship’s speed from 20-24 knots to 12-19 knots, reduces the use of fuel and the resultant cargo emissions.

Wide Sustainability Implications

The Aggies also pointed out that slower travel does not result in lower profits. They cited University of Hamburg researchers, who found that profits for many container vessels decline when speeds surpass 20 knots.

The Mays team also believed that their proposal was feasible and environmentally beneficial. “Ultimately, the solution that we proposed is one that is easy to implement within a couple of months,” said Key, who is majoring in supply chain management. “It’s not a large-scale transformation. As they push forward with net-zero goals, making this small change can be very beneficial to the environment long-term. Using slow-steaming and slowing boats down reduces overall fuel consumption.”

The team advocated for more frequent, small shipments of each product to warehouses. Through using freight forwarding, Amazon would be able to combine small batches of multiple SKUs in containers, which would eliminate the need for holding additional safety stocks.

The Aggies believe these recommendations could have wider sustainability implications. “Amazon is a key player in the global shipping industry. Because of the economy of scale, they have the opportunity to set the standard for the industry,” said Gooch, who is majoring in marketing and analytics. “Adopting this practice would make it more acceptable for others to take on some more sustainable practices. Overall, this would have a greater impact on preserving our oceans and supporting those people in the coastal communities who depend on those resources.”

View the student’s winning presentation:

2021 Mays Business School IBESCC Presentation

Categories: Business Honors, Center for Business International Studies, Mays Business, News, Programs, Students, Texas A&M

By Stephanie Burns, McFerrin Center for Entrepreneurship in Mays Business School at Texas A&M University

COLLEGE STATION, May. 5, 2021 –

$13,000 awarded to High School Entrepreneurs.

On Friday, April 30, 2021 the McFerrin Center for Entrepreneurship hosted the 2021 Texas High School Ideas Challenge. The inaugural competition invited 30 finalist teams to participate in the first-ever state-wide entrepreneurship competition for High School students. Each team competed in 2 rounds of intensive pitching that included a 5-minute, AV free presentation and a 5-minute Q&A with multiple panels of judges. Throughout the day, judges regularly commented on the high quality of each idea pitched and, on the maturity and professionalism of each young entrepreneur.

Blake Petty ’98, Executive Director of the McFerrin Center for Entrepreneurship had the following to say about the competition “What a tremendous day full of exceptional ideas from some truly outstanding young entrepreneurs. As we began to build this inaugural Texas High School Ideas Challenge, we had hoped to see perhaps 25 high schools engage their students to compete. We were elated that over 40 schools from every corner of the state participated, and that the 167 high school competitors showed such incredible talent, creativity, and professionalism at such a young age! Our volunteer judges were immensely impressed with the young innovators who competed this year, and now we all cannot wait to see what ideas emerge in 2022.”

Notable Winners

Vista Ridge High School in Cedar Park and Boerne Champion High School in Boerne made an impressive showing. Multiple students from each High School took home an award at this year’s competition. Students from 2 separate High Schools in Frisco also took home prizes. In addition, a local College Station student also took home a prize, illustrating the entrepreneurial prowess of students in Aggieland.

Although public viewing of the competition was not available, the winners of the day long competition were announced via live stream on Facebook. Those interested in viewing the Awards Presentation can do so at tx.ag/TXHSIdeasAwardsCeremony.

Listing of Winners.

The winning teams and their respective High Schools and cities are included below.

  • $750 Honorable Mention Prize: Farmer Adam – A&M Consolidated, College Station
  • $750 Honorable Mention Prize: CollegeHype – Clint ISD Early College Academy, Clint
  • $750 Honorable Mention Prize: Allowance – Vista Ridge High School, Cedar Park
  • $750 Honorable Mention Prize: Student Power – The Village School, Houston
  • $1,000 Sixth Place Winner: SOle Cold – Boerne Champion High School, Boerne
  • $1,250 Fifth Place Winner: Environmate – Centennial High School, Frisco
  • $1,500 Fourth Place Winner: DropaBall – Boerne Champion High School, Boerne
  • $1,750 Third Place Winner: PRACTICE PALS – Klein Cain High School, Klein
  • $2,000 Second Place Winner: S.A.P.P.E. by MC – Frisco High School, Frisco
  • $2,500 First Place Winner: WalkThru – Vista Ridge High School, Cedar Park

About Texas High School Ideas Challenge

The Texas High School Ideas Challenge motivates high school students to explore entrepreneurship and discover the benefit of an entrepreneurial mindset. There is no business plan or product development required for the Texas High School Ideas Challenge. Students must prepare and submit a compelling application that illustrated the creative, careful, and methodical planning that has gone into their idea.

About McFerrin Center for Entrepreneurship

The McFerrin Center for Entrepreneurship provides experiential programs, events, and education for entrepreneurs at Texas A&M University and across the state of opportunities for entrepreneurial students at Texas A&M University. We are committed to the success of entrepreneurs and believe that they are the cornerstone of a robust economy and nation.

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Media contact: Stephanie Burns, Communications Coordinator, McFerrin Center for Entrepreneurship, (979) 458-8631, s.burns@tamu.edu.

Categories: Uncategorized

Established in 1983, the Center for Retailing Studies at Mays Business School has developed future retail leaders to advance the world’s prosperity.

 

Texas A&M’s Center for Retailing Studies (CRS) launched a fundraising campaign today titled, “Supporting the Future of Retail,” to engage strategic partners from across the retailing community in support of the Center’s critical mission of Inspiring the Future of Retail. From its founding in 1983 as the first university center of excellence in retail through today, the mission of the Center remains focused on developing retail leaders and business knowledge for tomorrow.

The COVID-19 pandemic has accelerated change in the retail industry, including the growth of eCommerce, the integration of digital and physical retail operating models, and opportunities to engage the industry in a dialog about the talent needs of retailers and consumer brands for a more integrated and omnichannel approach to the business moving forward. The campaign will feature a breadth of content developed to educate, engage, and energize the retail industry. The desired outcome of the campaign includes to bringing more organizations along with the mission of the Center by investing time, talent, and financial support critical to student success and developing future leaders of the retail industry.

Join CRS in your preferred channel to gain a well-rounded view of opportunities from now through the end of July 2021:

Highlights of partnership with CRS include:

  • Access to talent and future organization leaders from a recognized and valued business school
  • Access to research faculty and the ability to collaborate on relevant retail research that advances knowledge of a rapidly evolving business and consumer from a recognized and acclaimed Tier One research institution
  • Engagement in industry networking and thought leadership, providing access to the collective wisdom of leaders from across the retail ecosystem as well as the brand recognition
  • Influence on the future of retailing education, by playing a role in identifying the skills needed for future leaders of their organization, the industry at large, and investing in capabilities they view as critical to their future success.
  • Industry updates on recovery from the pandemic, and the impact of retail on serving the American consumer early into, during, and after the crisis

For information on becoming a corporate partner of the Center for Retailing Studies or to request a sponsorship proposal, please contact Lauren Osborne at 979.845.0325 or email losborne@mays.tamu.edu. We gratefully acknowledge and thank our current partner companies for investing in retailing education at Texas A&M University.

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About the Texas A&M Center for Retailing Studies (CRS)

Since opening in 1983, the Center for Retailing Studies has been respected throughout the world as a leading source of industry knowledge and a pipeline for developing future retail leaders.

In collaboration with the outstanding performance of the faculty at Mays Business School and excellence in student education programs, each year, more than 150 students complete coursework, internships, and leadership programs that prepare them for professional careers within the industry in store management, buying, merchandising, planning, business analytics, and supply chain.

Explore more on CRS: https://mays.tamu.edu/center-for-retailing-studies/

 

About Mays Business School

At Mays Business School, our vision is to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,400 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools for its programs and faculty research.

Say Howdy to Mays: https://mays.tamu.edu

Categories: Center for Retailing Studies, Centers, Donors Corner, Executive Speakers, Featured Stories, Marketing, Mays Business, News, Programs, Research, Staff, Students, Texas A&M

Company Makes Joint Investment to Texas McCombs and Texas A&M’s Mays Business School

The University of Texas/Texas A&M Investment Management Company (UTIMCO) has agreed to invest $7.5 million to the Texas McCombs Longhorn Fund, now called Texas McCombs Investment Advisers LLC, and $7.5 million to The Reveille Fund at Texas A&M Mays Business School. The funds are actively managed domestic equity funds benchmarked to the S&P 500. Operated by business students, the funds enable the business schools to provide unique experiential learning opportunities, continued investment education, financial research, and practice for their students.

Created in 1996, UTIMCO is the first external investment corporation formed by a public university system and manages investments for The University of Texas and Texas A&M Systems.

“UTIMCO is excited to support the student investment funds at the McCombs and Mays business schools and help give top students the opportunity to learn in a controlled and mentor-led setting and to receive exposure to real-world investment management processes,” says Britt Harris, UTIMCO president and CEO.

In addition to the financial investment, UTIMCO plans to strengthen its active involvement with both schools. Its leadership team will meet regularly with students to review portfolios, discuss performance, and comment on market conditions. UTIMCO will also facilitate meetings with the top external investment managers in the country.

“It is exciting that the discussions that President Jay Hartzell initiated more than one year ago have been fruitful,” says Clemens Siam, professor of finance and director of the AIM Investment Center at McCombs. “This collaboration with UTIMCO will ensure that this path-breaking program that was founded by Keith Brown and George Gau more than 25 years ago will continue to enhance the educational experience of our MBA students.”

“I am thrilled that UTIMCO offered this opportunity to Mays Business School last year, and I am really grateful to Sorin Sorescu, our Interim Executive Associate Dean, for working tirelessly (with input and help from many people) to make this a reality,” says Christa Bouwman, associate professor and acting head of the Department of Finance at Mays Business School. “We already offer a high-impact Aggies on Wall Street program focusing on investment banking. We can now give our students a top-notch Reveille Investment Management Program as well. The Reveille Fund is currently run by my colleagues Hagen Kim and Jene Tebeaux, and we’re delighted to have Brent (B.R.) Adams join as Program Director, bringing over 30 years of hedge fund experience to guide our students.”

Texas McCombs Investment Advisers LLC will initially manage $7.5 million in its Longhorn Portfolio and $7.0 million in its Endowment Portfolio. The Endowment Portfolio manages assets for the AIM Investment Center, the Business School Foundation, and several scholarships.

The Reveille Fund at Texas A&M University will complement The Tanner Fund, which started in 2000 with a $250,000 gift from Jamey and Richard Tanner, ’53. The fund has grown over the past two decades and currently has around $920,000 in portfolio. It has been a student-run portfolio under Jene Tebeaux’ leadership for the entire duration.

About the McCombs School of Business at The University of Texas at Austin

Texas McCombs is a premier business school at a world-class public research university. We are a community that fosters lifelong engagement with our students and alumni. We cultivate principled leaders and develop ideas that will advance our economy, improve lives, strengthen our communities, and create new knowledge for future generations. Through high-quality instruction, experiential learning, and the pursuit of relevant, groundbreaking research, we are shaping those who will shape tomorrow and solve our most challenging problems.

About Mays Business School at Texas A&M University

At Mays Business School, our vision is to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,400 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools for its programs and faculty research.

Categories: Departments, Donors Corner, Finance, Former Students, Mays Business, News, Students, Texas A&M

Mays MBA Student Leads Aggie Team That Earns 3rd Place in International Case Competition Focused on Addressing International Food Production Problems

Ryan StaplesA Texas A&M University interdisciplinary team led by Mays Business School Full-Time MBA student Ryan Staples ’22 earned third place in the 2021 Norwegian Business School Global Case Competition. The Aggie team–which included Danette Philpot, Garrett Brogan, and Meikah Dado, who are graduate students from the College of Agriculture and Life Sciences’ Department of Agriculture Leadership, Education and Communications—earned this international recognition by proposing an innovative use of technology to improve food production in Uganda by empowering women.

The Mays-sponsored group competed against 85 teams from 60 top-tier universities to generate game-changing solutions to food production issues involving obesity, malnutrition, and climate change. These topics will be discussed at the United Nations Food Systems Summit in Fall 2021.

Uganda

Once the case problem was released, Texas A&M’s team decided to focus on Uganda, which Brogan had visited through his studies. That focus was important because more than one of every three Ugandans suffer from chronic malnutrition.

This issue is compounded because the nation has a significant gender inequality issue in its food production system. Eighty percent of the food consumed by the nation’s residents is produced by women. However, for every one pound of food produced by a woman in Uganda, a man can produce three. “Our whole idea is how can we bridge this knowledge and gender gap between men and women so that the country of Uganda can produce more food,” Staples said. “With 80% of the food producers only one-third as productive as their counterparts, there is a huge area of opportunity. “

Tech Solution

The team proposed providing the women farmers with electronic tablets filled with agricultural knowledge so they can become empowered. Using technology allows the nation’s women farmers–who often do not attend extension programs because they are doing the farm work and caring for the children and elderly—to have ready access to extension resources, such as videos. “This is supplying them with knowledge so they can help themselves,” Dado said. “It is a bottom-up approach.”

The team projects that if this initiative is implemented over a 10-year period, 3 million women would be empowered. This would lead to a 30% increase in overall agriculture productivity and a $450 million boost to Uganda’s GDP.

Interdisciplinary Aggies

The Aggie team, which was the top-performing team among North American and South American colleges and universities, benefitted from the support by Mays Business School faculty members Dr. Daniel Usera and Dr. Mary Lea McAnally and College of Agriculture and Life Sciences’ Dr. Jack Elliott, a professor and senior scientist at the university’s renowned Norman Borlaug Institute for International Agriculture. These faculty members were able to provide feedback before the team moved into the semifinal round of the case competition.

Staples believes that the team’s interdisciplinary representation was critical to the Aggies’ third place finish. “Our success was truly a testament to the power of synergistic team effort,” he said. “The true kudos go to my three new friends in the College of Agriculture and Life Sciences who shared this case competition journey with me.”

His counterparts agreed and appreciated Staples’ openness to learning about agriculture and his facilitation and leadership skills. “Ryan had knowledge in so many different ways that we didn’t have, but we had that knowledge of the agriculture aspect,” Dado said. “We were able to come together, and I do not think we would have been as successful if we hadn’t been interdisciplinary.”

Go to Market Plans

The Aggies are now seeking ways to bring their idea to the marketplace. They have presented to the Borlaug Institute’s director and senior faculty, who have offered positive feedback and are considering including the project in future grant proposals. In addition, Staples is using Mays’ contacts to pitch to Fortune 500 companies about corporate funding. The team also may receive an invitation to present at the United Nations Food Systems Summit.

These types of high-impact learning experiences that challenge Mays students to solve real-world problems are aligned with Mays’ vision to advance the world’s prosperity. “Case competitions offer students the opportunity to practice being transformational leaders through combining theory, research, and practical application while working in a team,” said Mays Associate Dean for Graduate Programs Arvind Mahajan. “We feel so strongly about the power of these learning experiences that Mays collaborates annually with Humana Inc. to host the Humana-Mays Healthcare Analytics Case Competition, which challenges 1,300 U.S. masters-level students to analyze the company’s data to identify innovative healthcare solutions.”

Ultimately, Staples credits Mays Full-Time MBA program for helping to polish his leadership skills to be able to successfully focus the team’s efforts. “The program helped me first to identify my leadership strengths, and then taught me how to leverage them. Apart from that, I have had the opportunity to lead team projects among my peers since last July,” Staples said. “The combination of understanding the unique skills I possess and the practical opportunity to practice those skills has been invaluable to my development as a leader.”

Categories: Entrepreneurship, Faculty, Featured Stories, Health Care, Mays Business, MBA, News, Perspectives, Selfless service, Students, Texas A&M

Study of 9,000 Texas public schools shows districts should keep investing in internet-access spending to improve academic outcomes

hands typing on a laptop keyboardInternet access has been a critical resource for public schools during the COVID-19 pandemic. It has enabled teachers to reach out and educate students remotely. As things go back to normal, investments in internet access will need to continue according to a study of 9,000 schools conducted by a research team from Texas A&M University, University of Notre Dame, and Rice University.

Do students benefit from increased internet access in public schools? This has been an open policy question. Advocates of internet-based learning argue it improves student access, engagement, and personalized learning. Its detractors cite children’s access to obscene or harmful content and disciplinary problems.

To address these policy questions, the research team created the largest and most comprehensive dataset to date. The dataset of 1,243 school districts represents more than 9,000 Texas public schools from 2000 to 2014. The team measured internet-access spending along with indicators of academic performance indicators and disciplinary problems. It used statistical techniques to isolate the effect of internet-access spending on academic performance and disciplinary problems.  Of note, this dataset examines the effect of internet access spending in a pre-COVID era.

Even when schools are fully physical, increased school district internet spending is strongly associated with improved academic outcomes. In addition to improved graduation rates, increased internet spending was also associated with improvement in commended performance in math, reading, writing, and social studies. Districts with increased internet access spending also showed a higher number of students meeting SAT/ACT criteria and completing advanced courses. These improvements, according to the research study, were stronger for students who lived in counties with greater internet access (as measured by the number of broadband providers). It seems that increased internet access at home and at school has a symbiotic benefit for students.

“Texas public schools have provided important insights for education policy,” said study co-author Shrihari Sridhar, a professor of marketing at Texas A&M’s Mays Business School. “Many public schools ramped up internet access spending during the COVID-19 pandemic. As we move past COVID-19 to a more physical-based learning environment internet access spending needs to be maintained at previous levels or even increased. This is a worthwhile investment with very high returns—academic performance and financial gains.”

“We caution that the clear and meaningful academic benefits from increased internet access can also increase disciplinary issues such as cyberbullying. Therefore, schools will do well to create and implement policies to address them,” continued Sridhar.

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The paper, “Investigating the Academic Performance and Disciplinary Consequences of School District Internet Access Spending,” which appeared in the February issue of the Journal of Marketing Research, was co-authored by professors Yixing Chen of Notre Dame, Vikas Mittal of Rice University, and Shrihari Sridhar of Texas A&M. It can be downloaded at: https://doi.org/10.1177/0022243720964130

Categories: Faculty, Marketing, Mays Business, Texas A&M