Departments | Mays Impacts

The American Accounting Association (AAA) recently announced the recipients of the 2021 Distinguished Contribution Award, including Dr. Nate Y. Sharp, Head of the James Benjamin Department of Accounting at Mays Business School

COLLEGE STATION, TX — On June 15, 2021, the American Accounting Association (AAA) announced Dr. Nate Y. Sharp as a recipient of the 2021 Distinguished Contributions to Accounting Literature Award. This award is among the most prestigious research awards granted by the AAA.

The Distinguished Contributions to Accounting Literature Award is presented annually to that work or related works published more than 5 years but not more than 15 years prior to the year of the award. The award recognizes accounting research based on uniqueness and magnitude of contribution to accounting education, practice, and/or future accounting research; originality and innovative content; clarity and organization of exposition; and soundness and appropriateness of methodology. Sharp and his co-authors, Lawrence D. Brown, Andrew C. Call, and Michael B. Clement, were given this award for their work entitled, “Inside the ‘Black Box’ of Sell-Side Financial Analysts,” published in the March 2015 issue of the Journal of Accounting Research.

“This is a highly significant award for Nate and his co-authors to receive to recognize the quality of their scholarship,” shared Mays Business School’s interim dean, R. Duane Ireland. “We at Mays Business School are proud of Nate’s research projects and the questions he addresses through his studies—questions that when answered through his work, inform the academic literature as well as managerial practice. Nate’s research is quite descriptive of the Mays mission to ‘create impactful knowledge.’ On behalf of Mays Business School and Texas A&M University, I am truly pleased to highlight the importance of the award Nate is receiving.”

This AAA award will be presented to Professors Brown, Call, Clement, and Sharp in the form of unique glass art pieces and a monetary prize at the 2021 AAA Annual Meeting during the awards presentation on Tuesday, August 3rd from 11:30 am-12:00 pm Eastern.

More information about the 2021 AAA Awards can be found here.

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About the James Benjamin Department of Accounting 

The James Benjamin Department of Accounting aims to provide notable contributions to the university, public, and accounting profession. The James Benjamin Department of Accounting designs environments that engender creativity and innovation while close relationships among students and faculty foster ingenuity through a sharing of interests and aspirations.

Learn more: https://mays.tamu.edu/department-of-accounting/

 

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

 

Media contact: Kiri Stanford, kstanford@mays.tamu.edu

Media contact: Blake Parrish, bparrish@mays.tamu.edu

Categories: Accounting, Departments, Faculty, Mays Business, PPA, Research, 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

U.S. News and World Report just released their annual best Online Master’s in Business Rankings (non-MBA), placing Mays Busines School’s Master of Science in Analytics (MS Analytics) on the list for the first time, the very first year the program was eligible to apply for ranking.

U.S. News’ ranking included a broad range of online degrees – from education to engineering to nursing and more. Mays MS Analytics program ranks #6 program in the state of Texas and #72 overall for Best Master’s in Business.

MS Analytics is the most recent addition to Mays Business School’s MS programs, having moved from the College of Science to the business school in 2018. Shortly after the change, Arvind Mahajan, associate dean for graduate programs, appointed a committee chaired by Bala Shetty, professor in the Department of Information and Operations Management, and comprised of faculty and practitioners. This committee analyzed the program’s content, benchmarked against other programs, and recommended changes in the curriculum. Most recommendations that surfaced have already been implemented.

“Our current MS Analytics program content, while remaining rigorous in the data analytics, now has the classical business school flavor, including a focus on leadership, managerial effectiveness, and influential communication,” shared Mahajan.

MS Analytics program director Myra Gonzalez added, “As a young, quickly-growing industry and just joining the Mays family of MS program two years ago, we are committed to the mission of our college: to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. We designed our program to be an inclusive learning environment and focus on excellent customer service through our cohort model. Those efforts have enabled a 90% graduation rate.”

With over 300+ data science/analytics programs in the nation, students have many options. Texas A&M’s MS Analytics offers a formal education led by prestigious faculty with terminal degrees or strong ties to industry. Each year, the program enrolls 65 students from all backgrounds. Faculty and students build off each other in the program. “Our faculty members capability, paired with our students’ persistence and thirst for excellence, enable the quality and the success of the MS Analytics program,” shared Gonzalez.

The MS Analytics program is offered at Mays Houston CityCentre campus as a dual delivery program. About half of the participants are spread throughout the U.S., allowing for the flexibility to get a world-class education on student’s terms. “Hybrid delivery merges both distance and face-to-face students into the same classroom, ensuring those outside the classroom have the same experience,” shared program manager Javier Adalpe. “We were doing this before the pandemic, so we’re used to the challenges. Digital learning has always been a top priority. Support staff monitor distance students in case they have any questions, and we utilize state of the art technology at our Houston CityCentre classrooms. We go to great lengths to ensure all students feel included which is reflected in our ranking.”

The program is currently accepting application for the fall 2021 cohort. To request more information, contact Javier Aldape, Program Manager at 979-845-2149 or jaldape@mays.tamu.edu

Categories: Departments, Featured Stories, Mays Business, News, Programs, Rankings, Texas A&M

Thanks to the generous support of the Texas Bankers Association, Dwight Garey ’67 has been named the Texas Bankers Foundation Executive Professorship in Commercial Banking at Texas A&M University’s Mays Business School. Garey has led the Commercial Banking Program since 2016 and this endowed award speaks to the difference Garey brings to the Department of Finance within Mays.

Garey’s career in banking and financial services spans more than 40 years, with 27 years of his banking career in correspondent banking at First City Bank-Houston, and Amegy Bank in Houston. He managed Amegy Bank’s Correspondent Banking department from 2006 to 2016, a regional line of business for a three-state region. He graduated from Texas A&M University with a bachelor’s degree in finance, then earned an MBA from the University of Houston Clear Lake.

He is also a graduate of the Southwestern Graduate School of Banking at Southern Methodist University, where he was a director of the Alumni Board of Directors and was president of the Alumni Board 2012-2015.

“I am truly pleased with the appointment of Dwight to this important endowed professorship at Mays,” shared Eli Jones, dean of Mays Business School. “This appointment, which I supported along with others in Mays Business School and the highest level of administration at Texas A&M, reflects Dwight’s continuing contributions that are bringing distinction to the Department of Finance and Mays Business School. Endowed professorships are a priority at Mays, established as part of our grassroots strategic planning process which began in 2016. Through these professorships, we are able to recruit and retain individuals who will advance the world’s prosperity, our vision at Mays.”

“We’re fortunate to have Dwight represent the Texas Bankers Association in this endowed professorship and know that it will be a resource within the Commercial Banking Program for developing transformational leaders, part of our mission at Mays,” shared Sorin Sorescu, Interim Executive Associate Dean at Mays Business School. “Banking is a relationship-driven business, and our college is thankful for the generous support the TBA has established to help us educate the next generation of bankers. All of us at Mays know that Dwight will continue performing in this high honor in order to serve our students and equip them to enter the banking industry fully prepared to bring the necessary hard and soft skills, along with the Aggie Core Values, every day.”

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About Texas Bankers Association

Founded in 1885, the Texas Bankers Association is a member-centric state organization based in Austin whose members represent the voice of the banking industry within the state and national halls of Austin and Washington, D.C. In addition, its members participate in discussions around financial and economic roundtables where community leaders ponder safety and soundness issues confronting the state and national economics.

About the Commercial Banking Program

The Commercial Banking Program at Mays is designed to equip students with the banking and finance skills needed for a career in banking. The program prepares students to serve the personnel needs of banking organizations in Texas and the United States. The students in the program establish relationships with banking professionals, and other students, who serve them throughout their banking careers, and develop the financial skills critical to success when beginning careers with a commercial bank.

The Commercial Banking Program allows students to learn industry skills and terminologies within a focused curriculum and provides experiences that are not otherwise available to finance majors.

About Mays Business School

At Mays Business School, we strive 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 6,300 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 in the country for its programs and for faculty research.

For more information, visit mays.tamu.edu.

Categories: Dean Eli Jones, Departments, Donors Corner, Faculty, Finance, Mays Business, News, Programs, Texas A&M

September 2, 2020Mays Business School at Texas A&M University and leading health and well-being company Humana Inc. (NYSE: HUM) are launching the 2020 Humana-Mays Healthcare Analytics Case Competition to showcase students’ analytical abilities to solve a real-world business problem. The prize package for the winning teams has increased to $70,000, with $40,000 for first place, $20,000 for second place, and $10,000 for third place.

The fourth annual competition will be held virtually and is open to all accredited educational institutions based in the United States. Full-time and part-time master’s students from accredited Master of Science, Master of Arts, Master of Information Systems, Master of Public Health, or Master of Business Administration programs, or other similar master’s programs in business, healthcare, or analytics, are eligible to enter. Students are invited to create teams of two to three to tackle a real-world case. Each team can only include students from the same school.

“We have recalibrated one of the top national analytics competitions into a virtual format this year to continue to attract the brightest graduate students in the country,” said Eli Jones, dean of Mays Business School. “The teams will use data analytics to address real-world issues in healthcare, presenting in the digital format the whole world is adjusting to now.”

“Humana is grateful for the opportunity to again partner with my alma mater Texas A&M University on this impactful and real-world opportunity for students.” said Humana President and CEO Bruce Broussard. “The future of health care increasingly depends on data analytics as a means to create personalized experiences and support emerging capabilities from telehealth to chronic disease management, all of which contribute to better health outcomes.”

The teams will be judged based on the following criteria:

  • Quantitative analysis identifying key business insights
  • Professionalism, data visualization, and presentation skills
  • Ability to provide meaningful implications and recommendations based on results/insights

Key dates for 2020 participants include:

  • Sept. 9: Virtual kickoff call for prospective participants
  • Sept. 18: Team registration due
  • Sept. 28: Virtual Q&A session with competition leadership
  • Oct. 11: Completed team analysis due
  • Oct. 23: Finalists selected and notified
  • Nov. 12: Virtual presentations to executive panel; winners announced

2019 Humana-Mays Healthcare Analytics Case Competition

The student team of Ozgur Cetinok, Leah Kelly, and Erica Millwater from the University of California, Los Angeles (UCLA) won the $30,000 First Place prize in 2019. Over 1,300 masters level students representing over 80 major universities in the U.S. registered to compete for $52,500 in prizes.

See official rules and guidelines for more information.

About Mays Business School

At Mays Business School, we strive 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 in the country for its programs and for faculty research.

About Humana

Humana Inc. is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.

To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools – such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions – combine to produce a simplified experience that makes health care easier to navigate and more effective.

More information regarding Humana is available to investors via the Investor Relations page of the company’s web site at www.humana.com, including copies of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases and conference calls
  • Calendar of events
  • Corporate Governance information

Categories: Departments, Featured Stories, Health Care, Mays Business, MBA, News, Programs, Students, Texas A&M

COLLEGE STATION, TX, June 29, 2020 – Texas A&M’s Executive MBA program has been named a top ten public program by The Economist, the international publication headquartered in London. The program, delivered at CityCentre Houston, is ranked the #1 public program in Texas, the #9 public program in the U.S., the #21 overall program in the U.S., and #37 overall globally.

The Economist survey was based on feedback from current students (classes of 2020 and 2021) and Former Students (alumni) from the classes of 2017, 2018, and 2019.

Aggie MBA faculty celebrate success with thumbs upTexas A&M’s Executive MBA program received the top mark in both “Quality of Faculty” and “Student Rating of Teaching Quality” categories above the rest of the 70 international programs ranked this year. The program ranked #2 in the “Student Rating of Faculty” and “Student Rating of Content” categories, a testament to the sentiment current and former students have for the value of the program.

“I am savoring this moment knowing we have been judged by The Economist as the #9 U.S. Public Program,” said Associate Dean for Graduate Programs, Arvind Mahajan. “This ranking is a major recognition of the incredible students we have matriculate through our program. The expertise and dedication of our faculty and the hard work and perseverance of these students results in an incredible experience and transformation for each cohort. That vast change is the true output; these rankings are an outcome that measures how our students’ entire lives are improved.”

“It’s wonderful to have The Economist recognize the hard work and dedication that the Executive MBA program faculty and staff put in every semester,” said Eli Jones, Dean of Mays Business School. “Congratulations to the faculty, staff, and students that comprise this Executive MBA program and the impact each of them makes to advance the world’s prosperity. I want to specifically thank Julie Orzabal, the director of the program, who since its inception 20 years ago, has led executive leaders and gained results like these.”

Mays Business School's CityCentre facilityApplications for the Texas A&M Executive MBA program are being accepted now for the class of 2022. For more information, visit mba.tamu.edu.

 

 

Categories: Accounting, Alumni, Dean Eli Jones, Departments, Faculty, Featured Stories, Former Students, Mays Business, MBA, News, Programs, Rankings, Staff, Students, Texas A&M

Congrats Aggie Grads - join the celebration gradcelebration.tamu.edu

Categories: Alumni, Departments, Faculty, Former Students, Mays Business, News, Programs, Rankings, Students, Texas A&M, Uncategorized

On April 24, hundreds of students, faculty, staff, and former students packed Wehner lobby for James Benjamin Day. Energy and excitement pulsed through the room, as attendees wearing t-shirts and stickers that showed “I heart James Benjamin” filed into the lobby.

The event was standing room only as participants waited eagerly from the balcony, lined the stairs, and filled the elevator banks for the celebration to begin.

Dean Jones began the celebration by welcoming students, faculty and staff, and the accounting advisory board to the special event. Among his numerous high praises for Benjamin, Dean Jones declared that Benjamin epitomized the Aggie core values of excellence, integrity, leadership, loyalty, respect, and selfless service. Dean Jones also shared that at the beginning of the naming campaign, naysayers told them, “Crowdsourcing won’t work.” However, the campaign ultimately proved otherwise and raised over $10 million for the department. Dean Jones added that Benjamin has served Texas A&M and Mays Business School for 45 years as faculty, and 37 years as the accounting department head. Benjamin positively impacted countless students’ lives and set an example of excellence during his time at the university.

Brian Bishop, the Assistant Vice President of Development at Mays Business School, delivered some words of affirmation and praise for Benjamin. Bishop stated that to have a department named after an individual, “40 years of service and $10 million raised” would be a fantastic place to start. Bishop continued in his praise for Benjamin, describing him as an “excellent human being and an educator.” Bishop encouraged the current students attending the celebration to look around the room and appreciate the accomplishments of those before them. He then instructed each student to ask themselves, “How can I give back, and how can I make my degree more valuable?”

Christy Bauman ’95 took the stage to share her thoughts, insights, and appreciation for Benjamin. Bauman was a member of the third group of PPA students and explained that raising money for the department was, “One of the easiest things to ask for because of Jim and who he is as an individual.”

Professor Mary Lea McAnally then joined the excitement by kicking off a round-robin share out about the magnitude during Benjamin’s tenure in a segment titled, “James Benjamin by the Numbers.”

  • $35,700,000 raised
  • 4,617,600 minutes worked, $8 per minute of funds raised
  • 17,102 students graduated
  • 5,008 PPA graduates
  • 15 former students now serving as professors at Mays
  • 2,113 Business Honors graduates during his tenure
  • 1998 – Outstanding Professor of the Year from Texas A&M
  • 1992 – Benjamin began the PPA program
  • 1968 – Benjamin earned his CPA, in Maryland, with the second highest score in the state
  • 1600 companies employ his graduates
  • 960 business honors students in his Accounting 229 course
  • 314 publications by Ph.D. graduates
  • 258 graduates who are partners at CPA firms
  • Accounting 229 – countless students have taken Benjamin’s course
  • 199 – the average number of words in a paragraph in an email from Benjamin
  • 158 Ph.D. graduates since Benjamin
  • 61 computers in KPMG lab on cutting edge of technology
  • 42 years in the Department of Accounting
  • 37 years as department head
    • Budgeting
    • Hiring
    • Year-end reviews
  • 8 accounting faculty have become administrators at Mays
  • 5 deans Benjamin has served under
  • 40 years ago – James Benjamin was Strawser’s professor
  • 3 PPA Directors reported to Benjamin during his tenure

Finally, Benjamin took the opportunity to share his thoughts and appreciation for the celebration. He said that one of the most rewarding aspects of his career has been watching students he once taught reach retirement. In humility, he added that though he may be the face of the accounting department, there are four necessary ingredients to his success:

  1. Exceptional students
  2. Deeply caring faculty built to mirror students
  3. Leaders – he has been at the business school under five deans, and never had a bad boss in his life
  4. Incredibly supportive former students

In a nod to his engaging demeanor, Benjamin expressed that he thinks it is fitting that the accounting department will now share the nickname for 100 dollar bills.

 

Categories: Accounting, Alumni, Business Honors, Departments, Faculty, Former Students, Mays Business, News, Ph.D., Texas A&M

Philippe Hercot, Executive Professor of Finance and Director of Aggies on Wall Street at Mays Business School, received the Aggies Celebrate Teaching! – Recognizing Transformational Learning’s Teaching Excellence Award on March 21.

Each year, the Center for Teaching Excellence at Texas A&M University welcomes nominations for this award from all current undergraduate and graduate students in College Station, Galveston, Qatar, Health Science Center, School of Law, and College of Dentistry. Students write 1,000- to 1,500-word essays giving evidence of and reflecting upon the professor’s impact on their lives. The criteria included challenging students to think in new ways, inspiring students to learn more deeply, supporting learning through transformation of educational experiences, and impact on students. Out of the numerous nominations submitted by a wide range of students, only six were selected for this prestigious award.

Hercot is the first recipient from Mays Business School.

…Read more

Categories: Departments, Faculty, Featured Stories, Finance, Mays Business, News, Texas A&M

Richard Castleberry joined Mays Business School in early January 2019 as Program Director for the Full-Time MBA and MS Business programs. He brings a breadth of experience and seemingly boundless energy.

He explained his philosophy for doing his job. “Everything is about relationships, both external and internal, whether it’s a CEO or the person vacuuming my office. I bring my advice, experience, and background into play, and I hope to plug it into the well-oiled machine that is already in place here.”

Castleberry said he looks forward to meeting faculty, staff, and external partners, but most importantly, he wants to get to know the students. “I like to get the class schedules and just pop in to see what’s going on,” he said.

Most recently, Castleberry served as the university-wide head of business development for academic programs for Nazarbayev University (NU) in Astana, Kazakhstan. Prior to this, he served as the Director of Business Development and Assistant Dean of Marketing and Communications for NU’s graduate business school. As a member of the leadership team, he was instrumental in the founding of NU’s business school and worked very closely with its strategic partner – Duke University’s Fuqua School of Business. He led recruiting efforts for all master’s and Ph.D. programs. He also cultivated the university’s corporate partnerships across the world and has also taught many business courses at various institutions.

Castleberry earned an MBA degree from Loyola Marymount University in Los Angeles, Calif., with a concentration in marketing. He received a bachelor’s degree with a concentration in international business and marketing from Northeastern University in Boston.

 

Categories: Departments, Featured Stories, Mays Business, MBA, MS Business, News, Programs, Staff, Texas A&M