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McCombs School of Business

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McCombs School of Business
NameMcCombs School of Business
ParentUniversity of Texas at Austin
DeanLillian Mills
Students6,000
LocationAustin, Texas

McCombs School of Business is a premier business school located at the University of Texas at Austin, one of the largest and most prestigious public universities in the United States. The school is named after Red McCombs, a successful Texas businessman and University of Texas at Austin alumnus, who donated $50 million to the school in 2000. The school has a strong reputation for producing talented graduates, with many going on to work for top companies such as Google, Microsoft, and Deloitte. The school's faculty includes renowned scholars such as Eugene Fama, Myron Scholes, and Michael Spence, all of whom are Nobel Memorial Prize in Economic Sciences winners.

History

The McCombs School of Business was established in 1922 as the School of Business Administration at the University of Texas at Austin. Over the years, the school has undergone several name changes, with the current name being adopted in 2000 after a significant donation from Red McCombs. The school has a long history of innovation, with the introduction of the MBA program in 1930 and the Ph.D. program in 1950. The school has also been at the forefront of research, with faculty members such as Milton Friedman, Gary Becker, and Robert Lucas, all of whom are Nobel Memorial Prize in Economic Sciences winners, having taught at the school. The school has also had a strong connection with the Federal Reserve System, with many alumni going on to work at the Federal Reserve Bank of Dallas and the Federal Reserve Bank of New York.

Academics

The McCombs School of Business offers a range of undergraduate and graduate degree programs, including the Bachelor of Business Administration (BBA), Master of Business Administration (MBA), Master of Science in Business Analytics (MSBA), and Ph.D. in business. The school is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and is a member of the Graduate Management Admission Council (GMAC). The school has a strong focus on experiential learning, with programs such as the Texas MBA+ program, which provides students with real-world experience working with companies such as IBM, Procter & Gamble, and Coca-Cola. The school also has a range of research centers, including the Center for Business, Technology and Law, the Center for Customer Insight, and the Real Estate Finance and Investment Center, which are affiliated with organizations such as the National Association of Realtors and the Urban Land Institute.

Research

The McCombs School of Business is a leading research institution, with faculty members publishing in top-tier journals such as the Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. The school has a range of research centers, including the Center for Energy Finance, the Center for Risk Management, and the Center for Research in Electronic Commerce, which are affiliated with organizations such as the Energy Information Administration and the National Science Foundation. The school also has a strong focus on interdisciplinary research, with collaborations with other schools at the University of Texas at Austin, such as the Cockrell School of Engineering and the College of Natural Sciences. Faculty members have also received funding from organizations such as the National Institutes of Health and the National Endowment for the Humanities.

Rankings

The McCombs School of Business is consistently ranked as one of the top business schools in the United States by publications such as Bloomberg Businessweek, Forbes, and U.S. News & World Report. The school's MBA program is ranked #15 in the country by U.S. News & World Report, while the school's undergraduate program is ranked #5 in the country by Bloomberg Businessweek. The school is also ranked highly in terms of return on investment, with Forbes ranking the school's MBA program #10 in the country in terms of ROI. The school has also been recognized for its strong programs in areas such as entrepreneurship, with the school's Texas Entrepreneurship Exchange program being recognized by Entrepreneur Magazine.

Campus_and_Facilities

The McCombs School of Business is located in the George Kozmetsky Center for Business Education on the University of Texas at Austin campus. The building features state-of-the-art facilities, including a trading room with Bloomberg Terminals, a behavioral lab, and a range of collaborative workspaces. The school is also home to the AT&T Executive Education and Conference Center, which provides executive education programs for companies such as AT&T, Dell, and 3M. The school is located in close proximity to the Texas State Capitol and the Downtown Austin business district, providing students with access to a range of internship and job opportunities with companies such as Google, Amazon, and Facebook.

Alumni_and_Affiliations

The McCombs School of Business has a strong network of alumni, with over 90,000 graduates worldwide. Notable alumni include Red McCombs, Michael Dell, and Charles Schwab, all of whom are successful entrepreneurs and business leaders. The school also has a range of affiliations with top companies, including Accenture, Boston Consulting Group, and Goldman Sachs. The school's alumni association, the McCombs Alumni Network, provides a range of benefits and services to graduates, including career support, networking opportunities, and access to McCombs School of Business events. The school is also affiliated with organizations such as the National Association of Women MBAs and the Forté Foundation, which provide support and resources to women in business.

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