Programs | Mays Impacts - Part 42

To give you a better understanding of who and what the Mays College really is, we’ve put together a fact sheet. From enrollment to the endowment, this breakdown provides you more insight into what makes the college great.

Mission
The Mays College
Academic Success and Rankings
Creating Leaders
Mays Centers of Excellence
Mays Faculty
State-of-the-art Facilities
Current Financial Information

KEY FACTS ABOUT THE MAYS COLLEGE

Our Mission

The mission of the Mays College of Business is to be recognized as a leading provider of lifelong business education and a creator of new business ideas and knowledge.

The Mays College

  • Since 1968 the Mays College of Business has been preparing Texas A&M students for diverse, global business careers.
  • In 1996, the College received a $15 million gift from Mr. Lowry Mays, founder and CEO of Clear Channel Communications, Inc. In recognition of this gift, the college was renamed the Lowry Mays College & Graduate School of Business.
  • The college has five academic departments: accounting, finance, information and operations management, marketing and management.
  • The college offers a full range of bachelor’s, master’s and doctoral degrees that are fully accredited by the AASCB – International Association for Management Education.

Academic Success and Rankings

  • Our undergraduate program is currently ranked 26th in the nation (18th among public schools) in the 2002 U.S. News & World Report survey.
  • Our MBA program is ranked among the leading programs in the world by Business Week, Forbes, U.S. News & World Report, and The Financial Times.
  • Our specialized master’s programs are the third largest in the United States, with over 500 students enrolled.

Creating Leaders

  • The college has approximately 4,900 undergraduate students and more than 800 graduate students.
  • Undergraduate students have numerous opportunities for leadership development outside the classroom through programs such as Aggies on Wall Street, Freshmen Business Initiative, the Honors and Fellows Programs and the Business Student Council.
  • The college also supports graduate students’ participation outside the classroom through such organizations as the MBA Association, the Graduate Women’s Business Network, and the Graduate International Business Society.
  • Our Executive MBA program (offered in The Woodlands, Texas) provides high-quality, graduate business education for individuals with an average of 17 years of work experience.
  • Each year the college places hundreds of students in internship positions with leading organizations in all areas of business.
  • Our undergraduate and graduate students also have opportunities to gain international experience through the Center for International Business’ study abroad programs.
  • With approximately 40,000 alumni, the Mays College has educated numerous business leaders, many of whom hold executive positions at Fortune 500 companies.
  • More than 320 business leaders are closely involved with the Mays College through their activity on college and department development councils.

Mays Centers of Excellence

  • The college has eight centers of excellence that combine curriculum development and delivery, faculty development and support, and community outreach.
  • These include: Center for Executive Development, Center for Human Resource Management, Center for International Business, Center for Entrepreneurship and New Ventures, Center for the Management of Information Systems, Center for Retailing Studies, Real Estate Center, and Reliant Energy Securitites & Commodities Trading Center.

Mays Faculty

  • The college has 72 tenured faculty, 94 tenure-track assistant professors, and more than 40 part- and full-time lecturers.
  • Our faculty are leaders in creating new business knowledge. A recent Academy of Management Journal ranked the Mays College faculty 26th in the world (16th among public schools) in terms of their research productivity.
  • Our faculty hold significant positions of influence in academic organizations, professional societies, and learned societies.

State-of-the-art Facilities

  • The college’s home in the Wehner Building provides a technologically advanced learning environment with numerous labs and networking classrooms.
  • A planned building expansion will be complete by fall 2003 and will house the college’s graduate programs and will include the Reliant Energy Securities & Commodities Trading Center.

Current Financial Information

  • Our annual operating budget for 2001-2002 is $18.7 million.
  • The current market value of the Mays College endowment is $63.5 million.
  • The Mays College currently has 20 chairs, 31 professorships, and 10 fellowships to recognize faculty excellence in teaching, research and service.
  • We also have approximately 100 scholarships, which help deserving students fund their educational pursuits in the college.

Categories: Departments, Faculty, Former Students, Programs, Students

Judging from the number of students crowding the halls of the Wehner Building, it must be time for the bi-annual Business Career Fair. Sponsored by the Business Student Council, the fair provided recruiting and networking opportunities between students and recruiters.

While the event did encourage career networking, the impact of the current economic downturn could be felt. “Most of the companies I talked to told me to come back next semester,” says Ben Scoggin, a senior finance major. “I can tell a definite difference in the recruiting process from last year. It’s still strong, but since the economy is somewhat down right now, businesses are a lot less likely to hire.”


It’s true that this year’s fair did have slightly fewer companies in attendance. Adam Hankins, Business Student Council vice president of Career Fair and senior accounting major, says the number of businesses represented dropped to 140 this fall, compared to last year’s 160-plus. Five to 10 companies also cancelled after the Sept. 11 terrorist attacks.

Yet the fair still proved to be a success giving students opportunities to network with potential employers. It drew students from other A&M departments and colleges as well as from surrounding universities.

Students shouldn’t get discouraged recruiters say. Companies haven’t stopped hiring, it simply comes down to who wants the job more. “We’re just looking for personable, goal-oriented students. Their major often means far less to employers than their personal qualities and credentials,” explains one recruiter from Wells Fargo. “If students really want a job, they should just remember to be assertive. When you have this many students with a limited number of businesses, only the extremely aggressive candidates will survive.”

Categories: Departments, Programs, Students

The Mays College Fellows Program, a professional program for junior business students, is helping children in the Brazos Valley learn to read. Through their second annual golf tournament, held Sept. 24 at the Pebble Creek Country Club, the Fellows raised money for the Helping One Student To Succeed (HOSTS) program, a project sponsored by the Bryan Independent School District.

For the past two years, the Fellows have supported a charitable organization through their Project Make a Difference program, says Sarah Gillespie, a junior accounting major and Fellows member. “We find a global issue and try to act on that locally,” she says.

With the help of corporations — such as the Big 5 accounting firms, Enron, Grant Thornton and Northwestern Mutual — who sponsor the golf tournament, the Fellows hope to raise approximately $4,000 for the HOSTS program.

The funds will help purchase new books for the program. The Fellows are also trying to work out a deal with Apple to purchase computers with the remaining funds, adds Gillespie.

“The best thing about the tournament and raising money for HOSTS is that we have the opportunity to be role models for the children,” says Gillespie. “It takes away the focus on our business careers and gives us the chance to see how fortunate we are to be getting a college education. We hope to encourage younger kids and help them see the importance of education.”

Categories: Departments, Programs, Students

Dr. Albert Cannella wants to develop the entrepreneurial spirit among students at Texas A&M University, and as director of the college’s Center for New Ventures and Entrepreneurship (CNVE), he’s in a prime position to do just that.

This fall, the center, which is part of the Department of Management, is sponsoring a Business Idea Competition. Open to all Texas A&M students, the competition aims to encourage students to think outside the box.

While many business schools host business plan competitions, Cannella believes the Business Idea Competition is more conducive for busy students. And, by opening it to the entire Texas A&M student body, students in other colleges can put their ideas to the test.

“A business idea competition would permit students to develop their business ideas without the intensive time and effort required by a business plan competition,” says Cannella. “A lot of business schools host business plan competitions, which are aimed mainly at advanced undergraduates and MBA students. I wanted to modify these ideas into a contest that regular students from across the university could enter.”

A panel of Mays faculty members and business executives will select the top 50 entries. From there, they will pick the best 20 entries, which will each receive a $1,000 prize. The deadline for entries is Feb. 1, 2002.

By working with corporate sponsors, such as Microsoft, Accenture and Neutral Posture Ergonomics, the center is also offering seminars to help students think through the process. Topics will include finding and developing a business idea; identifying customers and analyzing their needs; and analyzing competition and competitors.

Through projects such as the Business Idea Competition, the CNVE continues to reach out to the campus and business communities. Ultimately, Cannella says this will provide students greater opportunities and exposure.

“The Mays College wants to develop and market graduates who are business-savvy, technically expert professionals,” Cannella says. “CNVE can help in that process by lighting the fires of the entrepreneurial spirit in our students.”

Categories: Departments, Faculty, Programs

The Mays Graduate School of Business welcomes Class III of the Executive MBA Program. The program kicks-off with Residency Week, August 19-23, on the Texas A&M University campus. The group of 65 participants bring a wealth of experience from industries such as manufacturing, healthcare, energy, pharmaceuticals, retail and technology. These working professionals will earn a Master’s of Business Administration degree by attending classes held at the University Center in The Woodlands.

Categories: Programs

The Mays College’s Business Student Council (BSC) had an opportunity to interact with student leaders from the Undergraduate Business Council (UBC) at the Red McCombs School of Business at the University of Texas during a recent leadership retreat.

Sponsored by Enron Corp., the event was held at the company’s headquarters in Houston for incoming and outgoing executive officers of the two councils. The workshop covered topics ranging from fundraising to event planning and member motivation. In addition to sponsoring the core activities for the workshop, Enron also took participants to a Houston Astro’s baseball game.

The idea for the workshop was sparked at a conference the two councils attended last spring at Emory University. While several business schools were represented, the college’s BSC and McCombs’ UBC benefited most from each other.

“A&M and UT can learn from each other, and we wanted to capitalize on the ability and innovation of the top student leaders in Texas,” said Brian Essner, a senior finance major and a former BSC officer. “Enron’s support has been unbelievable and none of this would have been possible without their generosity.”

Categories: Departments, Programs, Students

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

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

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

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

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

Categories: Departments, Programs, Students

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

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

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

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

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

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

Categories: Departments, Faculty, Programs

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

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

Categories: Departments, Faculty, Programs

This year’s spring commencement marked a major milestone for the Mays Executive MBA Program. The program welcomed its first group of students in 1999. And, after two years of giving up their weekends and commuting to The Woodlands, all 40 members of Class I attended the ceremony to receive their hard-earned advanced business degrees.

“This class had a definite dynamic,” said Kathy Thompson, a Class I participant and vice president for information technology planning and process management for Verizon. “After going through the program together, we decided we all had to support each other and walk across the stage to receive our degrees. We feel like it’s the final and is very important to us as a group because it is the last time we’ll all be together.”

Approximately 200 of the class’ family and friends came to campus from around the country to attend graduation and a luncheon hosted by the Executive MBA Program Office.


“Receiving this degree is very important to them,” said Julie Orzabal, associate director of the program. “This was a very successful class and they really set the precedent for the classes following them.”

In addition to attending graduation festivities, many of the Executive MBA students have ordered Aggie rings, excluding those who received their bachelor’s from the University of Texas at Austin, said Orzabal with a laugh.

Regardless of the fact that they aren’t considered “traditional” A&M students by many because they met off campus, for Thompson obtaining her ring in August will be the final rite of passage into the Aggie family. “I feel a very strong kinship with the other participants and with Texas A&M,” she said. “Receiving a ring and becoming a part of the Aggie Network is all part of earning the degree.”

Categories: Departments, Faculty, Programs, Students