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New and Growing
It’s been a year of challenge and opportunity in which budget and resource
realities have been faced down and the hot summer has sizzled with debate
about the priorities of higher education. The push for excellence at McCombs
continues nonetheless.
Texas Executive Education continues two-year rebound from 2008-09. Significant new
custom programs this year included Sinopec, ExxonMobil, USAA, National Oilwell Varco, and
Polycom, with a diverse mix of new programs in the pipeline. Revenues are up 40 percent and
faculty participation has gone from fewer than 70 to more than 80 in the past two years.
TOTAL EXECUTIVE EDUCATION PROGRAM DAYS
+40%
Revenue
AT&T Executive Education and Conference Center revenues and cash flow impress.
Given current performance the center will easily provide sufficient revenues to maintain its
four-star status and continue to contribute to the academic mission of the McCombs School of
Business. 2011-to-2010 comparison:
• Total revenues up 17 percent
• Cash flows up 141 percent
Energy careers gain in popularity. More McCombs students are focusing on energy thanks
to increased interest in energy careers and the work of the Energy Management and Innovation
Center (EMIC) in facilitating new energy offerings. The energy sector, which accounted for 5
percent of post-MBA jobs in 2008, has accounted for 9, 8, and 10 percent of positions in 2009,
2010, and 2011, respectively. The growth in interest is seen in classes like these:
ENERGY FINANCE CLASS
SHERIDAN TITMAN AND JOHN BUTLER
OIL AND GAS ACCOUNTING CLASS
WAYNE SCOTT
2010-2011 Annual Report I 4