Blake Parrish, June 17th, 2018
Kelli Levey Reynolds, May 4th, 2018
Mays Business School at Texas A&M University received its five-year accreditation renewal this week from the Association to Advance Collegiate Schools of Business.
The renewal includes a separate accreditation of the Department of Accounting, making the college one of 186 worldwide certified in both overall business and accounting programs.
Dean Eli Jones was notified Tuesday, May 1, 2018, of the reaccreditation. “AACSB accreditation is the most rigorous international accreditation a business school can earn. Our engaged stakeholders (faculty, staff and advisory board members) push us to reach this very high standard of quality,” he said. “I am proud that Mays Business School has continuously improved in terms of innovation and impact, which is reflected in our maintaining this accreditation over many years.”
Advancing the world’s prosperity
Department of Accounting head Jim Benjamin added, “We were delighted to be one of the first 13 schools to achieve AACSB accounting accreditation in 1982. Maintaining our status challenges our faculty to pursue excellence and continuous improvement.”
To prepare for the evaluation, Mays officials submitted voluminous documents late last year about the school’s programs and achievements. Mays educates more than 6,400 undergraduate, master’s, and doctoral students in accounting, business honors, finance, management, management information systems, marketing and supply chain management. The vision of Mays Business School is to advance the world’s prosperity by being a vibrant learning organization, creating impactful knowledge, and developing transformational leaders.
A peer review team visited the school, looking specifically at accomplishments since the previous visit five years earlier – including the launch and activation of a new Strategic Plan and consistently high rankings among the top public business schools in the country for its undergraduate and MBA programs, and for faculty research. The team of deans and professors visited Mays in February to interview faculty, staff, outside business partners, alumni, and students about the mission and vision of the college. They rated faculty and curricula and ensured all the programs in the college met quality standards relating to strategic management of resources, interactions between faculty and students, and student success in terms of achieving learning goals.
An intense peer-review process
The Continuous Improvement Review Committee and the Accounting Accreditation Committee concurred with the peer review teams’ recommendations for extension of accreditation of the business and accounting degree programs. The Board of Directors concurred.
Stephanie M. Bryant, executive vice president and chief accreditation officer of AACSB International, extended congratulations to Mays Business School on extending its accreditation. “The intense peer-review process confirms a school’s continued focus on excellence in all areas, including teaching, research, curricula development, and student learning. Mays Business School’s dedication to delivering high-quality business education will create the next generation of great leaders.”
The AACSB sets the highest standards of excellence, and it has been accrediting business colleges since 1916. It provides quality assurance, business education intelligence, and professional development services to more than 1,500 member organizations in 90 countries and 810 accredited business schools in 53 countries. There are more than 16,000 business schools around the world.
Jamison Moore, March 23rd, 2018
As part of the celebrations honoring EY as Mays Business School’s 2018 Corporate Partner of the Year, business honors students met with a roundtable of professionals in various roles and offices around the country.
The professionals in the conversation included:
- Randy Cain ’82, Vice Chair, Region Managing Partner
- Christy Baumann ’95, Partner
- Andy Beakey ’84, Tax Partner
- Bill Guess ’88, Dallas Audit Partner
- Anneliese Schumacher, Regional Leader, Southwest Campus
- Dana Lane, America’s Tax Campus Recruiting Leader
- Ellen Glazerman, Executive Director, EY Foundation
Students quickly discovered, however, that this was to be a very interactive discussion, with the professionals from EY turning the tables – seeking advice and opinions from the students on their knowledge of changing technology and what they see and hear in the business world today. The team members remarked that they hold the opinions and mindsets of the young in high regard.
Cain put it best when he stated, “young people are driving the experiences the corporate world is talking about. It doesn’t matter the service line, they are all being disrupted.” This disruption comes from changing technology and a future that is going to be “fascinating” to watch, Cain continued. The team believes wholeheartedly that Texas A&M University and Mays Business School is making the right investments in learning experiences to prepare their students for that future.
Baumann commented that “change is often and forward,” and wanted to know what things the students were going to focus on and stretch themselves to do in preparation for that change. She added that “culture is the reason behind the longevity” at EY, and that a good company culture is key in adapting to change.
Schumacher affirmed the rest of her team members’ sentiments when she stated “it almost doesn’t matter which technologies you learn,” adding that students need to “get more comfortable with technology in general, because technology is a big enabler” in today’s society.
The team ended the roundtable discussion by providing the students with a vote of confidence and showcasing exactly why the partnership with Mays Business School is such a big deal for EY. They love to hire Aggies. “All of the skills and responsibilities you learn in organizations during your time in college are beyond valuable,” Glazerman said. The team agreed that the organizational experience at A&M is something that sets Aggie students apart from other universities.
Kelli Levey Reynolds, March 5th, 2018
Mays Business School announces its 2018 Corporate Partner of the Year EY, one of the leading employers of Mays graduates. In particular, graduates from the PPA program at Mays have moved into leadership positions in EY.
To celebrate, March 22 will be EY Corporate Day in Mays Business School as part of the Mays Connection program, which celebrates the school’s partnerships with businesses and former students.
Mays will host a presentation of the award in the lobby of the Wehner Building, as well as speakers and visits to classrooms by various EY employees. A presentation of the award will be 11-11:30 in the Wehner Atrium.
From 9:30-10:45 a.m., Allison Allen, Southwest Talent Leader at EY and “Working Mother of the Year” from Working Mother magazine, will speak in Wehner 187. From 1 to 2 p.m. in Wehner 190, Annaliese Schumacher, EY’s Southwest Campus Recruiting Leader, will present “Professional of the Future,” which will highlight how students will need to adapt to the changes in the workplace.
EY is a multinational professional services firm headquartered in London, England. EY is one of the largest professional services firms in the world and is one of the “Big Four” accounting firms.
It is one of Texas A&M’s top employers, hiring hundreds of graduates each year in multiple disciplines.
“When selecting this year’s honoree, EY came quickly to mind because of their reciprocal partnership with the school,” said Mays Dean Eli Jones. “Not only do they provide financial support and devote their time to our students, they also groom our graduates for management positions. It is a cycle of success.”
One of those graduates, Randy Cain ’82, has held a variety of leadership roles throughout the course of 30+ years with EY. He is Vice Chair and Southwest Region Managing Partner for EY, responsible for the firm’s practice across nine states with more than 4,000 people in 14 offices. Previously, he served as the Southwest Region Tax Managing Partner and San Antonio Office Managing Partner.
Other Mays graduates in leadership positions at EY leaders plan to visit on March 22, including Partner Christy Baumann ’95 and Tax Partner Andy Beakey ’84.
For more information about the events planned that day, contact Cindy Billington.
Dorian Martin, February 2nd, 2018
Mays Business School takes great pride in its commitment to being on the leading edge of business, education, and research. The latest evidence is the hiring of corporate management and marketing executive Bill Peel ’74 as the school’s executive director of innovation and strategic planning, a role that is unique in higher education.
Peel’s diverse professional background and knowledge of design thinking will be a tremendous asset to Mays. “Bill comes to us with an extensive business background and is someone who is very creative and has a high level of integrity,” said Mays Dean Eli Jones. “Plus, Bill’s an Aggie so he understands and embraces Texas A&M’s unique culture and inherent values.”
In his new position, Peel – who holds degrees in environmental design and architecture from Texas A&M – will facilitate the implementation of the school’s strategic plan. He also will oversee Mays’ marketing, communications, public relations, corporate relations and alumni relations. …Read more
Kelli Levey Reynolds, January 12th, 2018
Mays Dean Eli Jones stepped up to teach his fellow deans from around the United States and Canada on advanced fund-raising techniques. He was one of two deans invited to lead sessions for the Council for Advancement and Support of Education’s Advanced Development for Deans and Academic Leaders conference, held Jan. 10-12 in Philadelphia. More than 100 academic leaders from the U.S. and Canada attended.
Jones drew from his experience as a three-time dean – at Texas A&M University, University of Arkansas, and Louisiana State University – to teach skills such as how to develop targeted strategies for programs and how to enhance relationships with donors.
“Among other subjects, I talked about our Strategic Plan and the grassroots process we used to gain buy-in; the strong support of our incredible donors and how we approach our donor base; and the impact the financial support is having on engaging our faculty, such as the creation of the Mays Innovation Research Center,” he said.
In the two years since Jones began leading Mays, the school has
- Received the school’s largest gift in history – $25 million from the Mays Family Foundation
- Received $5.6 million to establish the Mays Innovation Research Center
- Received a $2 million endowment toward the Reynolds & Reynolds Entrepreneurship Bootcamp for Veterans
Kelli Levey Reynolds, November 16th, 2017
The new Mays Innovation Research Center has an inaugural director: Mays Business School professor Korok Ray, who conceptualized the center as a place to discover how and when innovation occurs, then transfer that knowledge to Texas A&M University students.
Ray, an associate professor of accounting, will lead the center to provide research support to existing and new faculty members across the Texas A&M campus. It will bridge the research at Mays with that occurring in engineering, business, liberal arts, and other academic disciplines. The center will also fund Ph.D. fellowships and undergraduate research opportunities, and award prizes for outstanding research that advances the center’s mission.
Ray’s research interests are performance measurement, compensation, corporate governance, and cost allocation. He has taught accounting at Texas A&M University, the University of Chicago and Georgetown University, and earned his Ph.D. from Stanford University. He also served as the senior economist on the Council of Economic Advisers in the White House from 2007 to 2009.
Ray said he has experienced strong support for the concept. “Dean (Eli) Jones, The Texas A&M Foundation, and our donors have been outstanding in their support of this vision from the beginning,” he said. “I’m thrilled and honored to lead this center into new and uncharted territory, as the conversation on innovation unfolds both on our campus and nationally. The center will engage students in research, support faculty, and pursue opportunities unique to Texas A&M, with its special combination of first-tier research and first-class values.”
Kelli Levey Reynolds, November 13th, 2017
The McFerrin Center for Entrepreneurship at Mays Business School reflects the values of excellence revered by its namesake – Artie McFerrin, a long-time supporter of Texas A&M University and the name behind the $10 million gift that secured the center’s future.
An intimate group that included Artie McFerrin’s wife Dorothy, their daughter Jennifer, and a gathering of family, friends and university leaders attended a recent reception to celebrate the official naming of the center. The event at the Founders Club at Kyle Field served as a tribute to Artie McFerrin, and a thank-you to his family, who have supported Texas A&M for years.
“If you strive for success, if you dream of venturing into the unknown and emerging smarter and stronger, if you want to grow yourself so you can grow others, you not only have a place to go, but also a name forever attached to it,” Tyson Voelkel, president of the Texas A&M Foundation, said at the event.
The center, which serves more than 3,000 students and more than 1,000 former students through 27 programs, is an international leader in entrepreneurial education. It aims to enhance entrepreneurial student education by providing training, networking, and assistance to enterprising students, faculty and alumni. With the support of a volunteer network, corporate supporters, faculty, and staff, the McFerrin Center has been able to provide business start-up acceleration, competitive opportunities, work experiences, and financial support to aspiring entrepreneurs in the Aggie community and across the world.
Kelli Levey Reynolds, November 8th, 2017
David Williams ’79, Chairman of the Board, President, and CEO of Noble Corporation PLC, kicked off the Mays Transformational Leaders Speaker Series with an overview of his industry and some advice for Aggies. He spoke to MBA students, undergraduate students, and faculty and staff members.
Mays Dean Eli Jones said when introducing Williams that he was a good fit for the series. “A Mays transformational leader is someone who has an ethical mindset, a global mindset, is analytical, and has the ability to embrace change and to try new things,” he said. “That’s what you are, Mays students, and that’s what Mr. Williams is. He is one of us.”
Williams obtained his bachelor’s degree in marketing at Texas A&M University. He was selected one of Mays’ Outstanding Alumni in 2009 for his career achievements, as well as his service and dedication to Texas A&M. His first job out of college was in a shipyard in 1979, and he has been in the offshore drilling service industry since 1981.
“I have traveled just about everywhere except Antarctica, and I wouldn’t trade my job for anything,” Williams said. “It’s hard sometimes, it’s volatile sometimes and our work is complex, but our business model is really pretty simple: We punch holes in the ground for money – that’s it. Our oil company clients hire us to drill wells below the oceans of the world for a fee.” …Read more
Kelli Levey Reynolds, November 6th, 2017
To honor the Mays students who received scholarships for the 2017-2018 academic school year and thank their generous donors, Mays Business School hosted the 2017 Scholarship Banquet Nov. 2 in the Hall of Champions at Kyle Field.
More than 700 scholarships totaling more than $5 million were given to Mays students for the fiscal year 2017. Mays donors support a total endowment of more than $22 million.
The night started with a welcome reception, providing students the chance to formally introduce themselves to their donors, peers, and Mays faculty and staff members. These introductions turned into in-depth conversations during dinner – discussions about the impact attending Mays and receiving a scholarship has had on the students’ education at Texas A&M University.
Spencer Sullivan ’18, a student who is graduating with a finance degree in December, has benefitted from the Gary Neale Reger Scholarship Fund/CED for his entire college career. He said the financial support has allowed him to concentrate on his studies and pursue immersive study-abroad opportunities. …Read more