Five students from the Center for Retailing Studies (CRS) traveled to Montreal, Québec on Nov. 15-17 to participate in the inaugural (R)Tech Global Retail Challenge.

It was hosted by the Retail Industry Leaders Association (RILA) and Bensadoun School of Retail Management at McGill University.

The Aggie team finished in first place.

The event marked CRS’s first international student trip.

The international event exposed students to the retail challenges of sustainability and the circular economy, equipping students to find innovative solutions. The competition showcased new ideas for the future of retail for the next generation of industry leaders.

…Read more

Categories: Business Honors, Center for Retailing Studies, Centers, Faculty, Featured Stories, Marketing, Mays Business, News, Spotlights, Students, Texas A&M

The two most common words heard when almost 900 people gathered for the 2018 Scholarship Banquet were “Thank you.” Every scholarship recipient at Mays attends the annual event, which was held in the Hall of Champions at Kyle Field. The donors got to spend time with those they are supporting, and the students got to update some of their biggest supporters on their activities and ambitions. Group photos at the end captured the memories.

Individual and corporate contributions for the fiscal year 2018 generated more than $5.7 million, which in turn provided more than 700 scholarships. These include undergraduate and graduate-level scholarships, fellowships, and tuition support. Donors support a total endowment of more than $22 million. …Read more

Categories: Alumni, Dean Eli Jones, Donors Corner, Featured Stories, Mays Business, News, Spotlights, Students, Texas A&M

On a Saturday morning, during their 9 a.m. classes, students from the Professional MBA Classes of 2019 and 2020 were prepared to debrief a typical case assignment for their respective accounting course. The class of 2019 was in Mary Lea McAnally’s Financial Accounting course, and the class of 2020 was in Mike Kinney’s Managerial Accounting course. Both cohorts thought this would be a typical class discussion.

Moments into each separate class, the respective faculty announced that the student teams in both classes had a good start analyzing the case – but were incomplete in their analysis. McAnally told her Financial Accounting students, “To understand the complete picture of this company, the results they’ve generated, and the options in front of them, your team needs information from the managerial accounting team in Kinney’s class next door.” Kinney simultaneously announced to his Managerial Accounting teams that they needed to immediately partner with teams from financial accounting to complete a full analysis and generate valid recommendations.

The faculty said, “go,” and the teams from each class paired to complete a new “Combined Case” assignment in 90 minutes. After the 90 minutes, the combined teams presented their analysis and recommendations to a group of faculty who were assuming the role of the case company’s board of directors.

…Read more

Categories: Accounting, Entrepreneurship, Faculty, Featured Stories, Mays Business, MBA, News, Programs, Spotlights, Texas A&M

By Kathryn Oefinger ’19, Business Honors

Scott Steffler ’74 began his Mays Leader Forum with a surprising statistic: “Current college students are projected to have an average of five careers in their lifetime. Not five jobs, but five careers,” he explained to the Business Honors students. Steffler laughed that he was ahead of his time, because that is the exact number of careers he has had.

…Read more

Categories: Accounting, Alumni, Business Honors, Executive Speakers, Featured Stories, Former Students, Mays Business, News, Spotlights, Students, Texas A&M

The student team of Edward Cho, Lianne Ho, and David Sung from the University of Southern California has won the $20,000 First Place prize in the Humana-Mays Health Care Analytics 2018 Case Competition sponsored by health and well-being company Humana Inc. (NYSE: HUM) and Mays Business School at Texas A&M University.

Nearly 700 master’s-level students representing 246 teams from 42 major universities in the U.S. registered for the national competition to compete for $35,000 in prizes. Students enrolled full-time in accredited Master of Science, Master of Arts, Master of Information Systems, Master of Public Health, or Master of Business Administration programs at an educational institution based in the United States were eligible to enter.

Cho, Ho, and Sung received the top prize following a presentation on Nov. 14 to an executive panel of judges at Texas A&M’s Mays Business School’s CityCentre Houston location.

The Second Place prize of $10,000 was awarded to Hanyin Nifrom, Uyanga (Melody) Sumiya, and Qi Xu from Bentley University, while the Third Place prize of $5,000 was presented to Kyle Cross, Ming-Hsin Li, and Efrat Mordechay from the University of California, Los Angeles.

“Mays Business School is pleased to partner with Humana to bring together the brightest graduate students in the country to innovate using data analytics to solve a real-world business problem in health care, one of the three Grand Challenge areas of Mays Business School,” says Arvind Mahajan, Associate Dean for Graduate Programs at Mays Business School.

The analytics case received by the students was designed to be multi-faceted and complex, similar to a real-world business problem. The students were asked to predict the likelihood of a patient having a heart attack within the next three months using data collected from the previous year. Students had to evaluate more than 400 variables, including age of the patient, sex, geography, and other medical conditions.

“Being new to the health care industry myself, I was impressed with the expertise and professionalism of the students during the competition. We hope that our scenario encourages them to continue learning and growing their analytical skills. It is through creative, passionate people that we will be able to deliver high-quality care for generations to come,” said Heather Cox, Chief Digital Health and Analytics Officer for Humana.

The teams were judged based on the following criteria:

  • Ability to establish key performance indicators aligned to business needs
  • Quantitative analysis identifying key business insights
  • Ability to provide unique insights for business improvements
  • Professionalism and visualization skills

Participation in the Humana-Mays Health Care Analytics 2018 Case Competition represents a 132 percent growth over the inaugural 2017 competition, where more than 300 master’s degree candidates representing 109 teams from 19 major universities in the U.S. registered for the competition. Students Hongxia Shi, Shenyang Yang, and Xiangyi Che from Purdue University received the top prize.

About Texas A&M’s Mays Business School

Mays is a full-service business school that steps up 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 6,404 undergraduate, master’s 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. (NYSE: HUM) 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: Featured Stories, Health Care, Mays Business, News, Spotlights, Students, Texas A&M

It has been more than a year since Hurricane Harvey, the Category 4 storm that made landfall on the Texas Gulf Coast with winds up to 130 miles per hour, led to the destruction of many houses and buildings in the Houston and Gulf Coast areas.

In late October, 15 students and two staff members representing Mays and the Office of Diversity & Inclusion traveled to Vidor, Texas, near Beaumont, to aid in the continued relief efforts. Most of the students were members of the Regents’ Ambassador Program for first-generation scholars. This is the group’s second service trip to Southeast Texas. Last fall, students and staff worked to “muck out” a home that had been completely submerged during the storm.

The students painted with primer two homes that were damaged by Hurricane Harvey. The project followed another group that had prepared the drywall. The next teams that work on the homes will continue to process by applying the paint finish, allowing the rebuilders to begin the floor restoration process. It will take continual, collective efforts to finish these homes.

At one home, the water was waist-deep when the resident’s neighbors rescued her in their boat. Both homes’ residents – older females – are still residing in FEMA trailers. One resident was out of town when the students worked, but her daughter hosted the group and worked alongside them, swapping stories about SEC schools and football. The other resident, challenged with mobility issues, was incredibly appreciative for the group’s efforts, as she is not able to work on the home herself.

The team partnered with non-profit group Nehemiah’s Vision, which still has about 140 homes in line to be repaired. The organization is calling on all able school, religious, and community groups to partner as they work to rebuild the area. Many residents still reside in FEMA trailers, and some have departed their homes without expectation of a return, due to the associated costs of rebuilding.

…Read more

Categories: Diversity and Inclusion, Faculty, Mays Business, Selfless service, Spotlights, Staff, Students, Texas A&M

By Steven Mancillas Jr. ’21

Crediting her loyalty to her company as a reason for success, Mary Benson ’85 was eager to share her wisdom with Mays Business Honors students as a part of the 2018 Mays Leader Forum.

“Mentorships are a great thing… they don’t even need to be formal,” was a central point of her lesson throughout the lunch. Benson is the head of Global Pricing for Invesco Asset Management. She is responsible for corresponding with numerous offices both domestically and internationally about global pricing strategies. She joined Invesco in 1985 after she received her bachelor’s degree in accounting from Texas A&M University.

…Read more

Categories: Accounting, Business Honors, Executive Speakers, Featured Stories, Former Students, Mays Business, News, Spotlights, Students, Texas A&M

(Read a man’s perspective of the conference).

Fifty-five years after Texas A&M University first began admitting female students, Mays Business School is encouraging women to step into top leadership roles in their organizations and communities. Mays’ Women’s Leadership Initiative Conference, held Oct. 19, offered tips on becoming a transformational leader, overcoming issues that women face in the work world, and negotiations. The conference was attended by approximately 400 current students, former students, Mays faculty and staff, and key stakeholders.

The conference opened with a welcome by Mays Dean Eli Jones ’82, who pointed out that the first strategic initiative in Mays strategic plan calls for increasing diversity and inclusion. This conference encourages women – who are often missing from corporate executive offices — to start stepping into leadership roles. …Read more

Categories: Alumni, Dean Eli Jones, Diversity and Inclusion, Faculty, Featured Stories, Former Students, Mays Business, News, Perspectives, Spotlights, Staff, Texas A&M, Women's Leadership Initiative

By Virginia Krog, Business Honors ’22

FedEx is a globally recognized company, delivering millions of packages a day. Yet in FedEx’s own words, the company does more than just deliver packages. It delivers “happiness, growth, hope or simply, peace of mind.”

So how does a company that prides itself on providing solutions to connect people with possibilities remain relevant in an increasingly competitive world? For FedEx, the answer comes through its global perspective, embracing change (technology), its people, and its brand.

Trampas Gunter ’94, who graduated with an accounting degree from Mays Business School at Texas A&M University, member of Business Fellows Group 11, and current Staff Vice President of Corporate Development & Integration Planning at FedEx spoke on Oct. 9 to Business Honors students as part of the Mays Leadership Form series.

Gunter shared that FedEx stands out through what it means to communities. The Delivering for Good program, FedEx’s initiative to lend its global network and unparalleled logistics expertise to organizations with mission-critical needs in times of disaster and to help communities heal, learn and thrive, was highlighted. …Read more

Categories: Accounting, Alumni, Business Honors, Executive Speakers, Featured Stories, Former Students, Mays Business, News, Perspectives, Spotlights, Students, Texas A&M

By William Eigenbrodt ’20, Business Honors

Of the many lessons Zach Lee ’00 imparted to Business Honors students during his Mays Leadership Forum, foremost was the importance of being a lifelong learner. In the constantly changing landscape of energy markets, Lee shared he still learns new things every day. It keeps his work fresh and challenging.

The finance graduate from Mays shared his experiences of constantly inviting people to coffee or lunch to show the importance of persistence and curiosity. He also mentioned the following habits that set him up for success.

  • Collect mentors and learn from them. Find people to invest in your success because they exist.
  • Nothing is just a number. Oftentimes the story behind a situation is just as, if not more important.
  • Stay five years in front. Do things today that will get you to where you want to be in five years.

In regards to his position as CEO of ARM Energy, Lee focused on a few key points.

  • Transparency is incredibly important, do not be afraid to admit you don’t know something. See it as a learning opportunity.
  • Focus on the customers: everybody should win from the business doing well.
  • A family-oriented and entrepreneurial culture is paramount to a successful business.
  • Every employee of his owns equity in the business, and they think like owners.
  • Hire really great talent and let them loose.

Students were impressed by the success Lee has had and his willingness to come to speak with them and answer questions. He inspired them to invest further in themselves and do things today that will get them to where they want to be in five years.

“Mr. Lee had a number of interesting insights on many topics to share,” said business honors major Virginia Krog ’22. “He shared that exports are the new normal. Lee also believes in win-win negotiations and admits that part of why he chose to co-found ARM was because he was ‘not really a very good employee.’”

PPA major Frazer Mulugeta ’19 said he appreciated the advice from Lee because it was relevant to his career aspirations. “Mr. Lee spoke on his experience since graduation in the energy sector,” said Mulugeta. “The advice he gave is directly applicable to my own career trajectory. Being proactive and intellectually curious will benefit me for years to come.”

PPA major Michael Walther ’19 also enjoyed hearing about Lee’s experiences at Mays and his career in energy. “As a future business owner, I will take his advice over failure and how to overcome it for success,” said Walther. “This concept is crucial in entrepreneurship as there are many setbacks on the road to the success of a business.”

Categories: Business Honors, Energy, Featured Stories, Former Students, Mays Business, Spotlights, Students, Texas A&M