Creating Global Opportunities for Texas BBA Students PIM Conference – November 2013 – Beijing, China.

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Presentation transcript:

Creating Global Opportunities for Texas BBA Students PIM Conference – November 2013 – Beijing, China

One of the largest programs in the US – over 1,000 BBA degrees awarded annually Four-year program with freshman admission Nationally ranked Top majors offered (Accounting #1 Program in US) The Texas BBA Program

BBA Student Demographics 2013/14 4,438 BBA Students enrolled at McCombs Residency 87% 6% 7% 46% 54% Ethnicity 48%Caucasian 28%Asian American 15%Hispanic 4% International 3%African American 2%Multiracial <1%American Indian Native Hawaiian/ Pacific Islander

Why are Global Opportunities Important for BBA students? 4  Increasingly global business environment – interconnected networks, markets, companies  Need to produce globally competent business leaders  Students can see the world, while earning UT credit  Improve a foreign language  Study at an elite business school across the world  Set themselves apart and impress future employers

The Evolution of BBA Study Abroad at McCombs 5 Exchange Programs 1994 – Inauguration of Exchange programs Received 22 students from 2 partner schools Sent 4 students to 2 partner schools (1996) Exchange by the Numbers Receiving 167 students from 29 partner schools Sending 155 students to 26 partner schools Short Term International Programs – 1 Program (17-39 students) 2002 – 6 Programs (95 students) – 5 Programs ( students) – 4 Programs ( students) 2009 – 6 Programs (172 students) – 7 Programs ( students) 2014 – 9 Programs (projected 230 students)

McCombs BBA Student Global Trends 6

7 9 Faculty Led Programs tailored for Business majors – began with Marketing in Paris in credits of McCombs coursework over 5-6 week period Course instruction by both McCombs and Partner School Faculty McCombs works primarily with existing exchange partner schools to ensure high quality programs Culturally immersive despite short timeframe Innovative Collaborations with Partner Schools Beyond Exchanges Short Term International Programs Abroad

8 International Marketing in Paris (2 nd and 3 rd yr summer)Supply Chain Management in Hong Kong (1 st and 2 nd yr summer)Business Law in Edinburgh (1 st and 2 nd yr summer)BHP Management in Buenos Aires (1 st and 2 nd yr summer)Finance in London (2 nd and 3 rd yr summer) International Accounting Programs (3 rd, 4 th and 5 th yr summer) Hong Kong Paris Prague Buenos Aires Innovative Collaborations with Partner Schools Beyond Exchanges

9 Global Business Leadership Institute (Austin) Students from up to 10 partner schools– Europe, Asia, South America, Latin America and North America McCombs Faculty teach Management upper-division coursework Business Simulation built into the courses – allows for quantitative performance evaluations, peer evaluations by cross cultural team members, and team mentoring Company visits, guest speakers and cultural activities throughout Austin Innovative Collaborations with Partner Schools Beyond Exchanges

10 Global Business Leadership Institute (Austin) 1997 – collaboration between McCombs and FGV (41 students) Jiao Tong University was added for cross-cultural dimension (27 students) WU Wien was added – Latin America, Europe and Asia now represented (28 students) 2011 – First summer UT students participated (37 students) 2012 – Eight (8) countries represented by our partner schools (47 students) 2013 – 55 students! Innovative Collaborations with Partner Schools Beyond Exchanges

11 Close to 35% of McCombs BBAs participate in a study abroad experience Highest percentage across UT Campus/Departments Several weeks in length - no “study tour” model Enormous Short Term Summer Abroad Summer 2013 – first BBA program filled within one week, all programs full by November Summer 2014 – first BBA program filled within 4 hours, all programs full within two days of open enrollment Strong Support amongst faculty with both exchanges and department/faculty-led programming Recent faculty panel to new students/parents “best thing you can do during your undergraduate studies” GBLI – 2013 was largest program to date Significant intercultural management skills/experience gained in short amount of time Successes to Date

12 Ongoing Challenges Lack of capacity to add more programs (staff and resource constraints) – highly intensive work for short term program coordinator Academic restrictions/barriers prevent many students from studying abroad long term Excessive demand for programs where 1 st year students are eligible Emphasis on internships and recruiting makes going abroad to some partner schools a challenge Short Term Programs highly dependent on faculty and program staff – risk management Administrative hurdles related to UT policies and practices Shrinking classes and budgets throughout McCombs

13 Moving Forward  Changing Short Term Program Enrollment (no longer first come- first serve, can’t meet demand)  Additional Programs – only if additional staff are allocated to administer them  Expansion of schools coming to GBLI in Austin  Regional expansion of exchange partners (Middle East, Africa, Asia)

14 BBA International Programs Questions? Thank you!