BP, Intel, BBVA Compass, and Deloitte Honored at Corporate Recognition Dinner
At the Corporate Recognition Dinner on April 30, the McCombs School of Business honored BP, Intel, BBVA Compass, and Kathleen Farlow and Jonathan Trichel of Deloitte for their extraordinary partnership with the school.
The dinner was held to pay tribute to the five honorees and also to recognize the more than 300 companies and foundations that partner with the school. These partnerships help to advance key strategic priorities for the school, further the core purpose of developing business leaders that create value for society, enable opportunities for experiential learning and real world experience, and ensure the McCombs School is one of the most prominent business schools in the world.
Outstanding Corporate Partner: BP
This award honors a company whose engagement reaches broadly across the McCombs School of Business' key areas for partnerships: priority initiatives, students, research and research centers, faculty, and executive education.
As one of the world's leading international oil and gas companies, BP has maintained a strong presence at the McCombs School of Business since 2008, supporting a holistic portfolio of programs including the Business Honors Program, Gone to Business, McCombs Diversity Council, BBA Women’s Council, and recruiting events. In addition, they have provided over $50,000 annually for the past three years to support seven to ten scholarships per year for undergraduate students interested in studying energy issues. As an ongoing supporter of the Energy Management and Innovation Center (EMIC), BP worked with EMIC to create the Helios Challenge, a customized practicum course that provides undergraduates the chance to work with BP executives on an energy practicum using challenge-based learning techniques.
"BP believes that addressing America's energy challenges requires long-term partnerships between the private sector and leading educational and scientific institutions," said James Dupree, BP chief operating officer Reservoir Development & Technology and BP's executive sponsor to The University of Texas at Austin. "There is perhaps no better example of our commitment to this ideal than our longstanding relationship with The University of Texas at Austin and to the McCombs School of Business in particular. We are honored to receive this award, and we look forward to building on this partnership in the years ahead."
In addition to consistent recruitment of some of the McCombs School's best and brightest to work for their company, BP plays an active leadership role at the school with Niloy Shah, upstream head of performance management, on the McCombs School Advisory Council, and Roland Oliva on the Business Honors Program Advisory Council. BP employees also participate in classroom speaking opportunities, including John Baumgarnter's in-depth participation in Dr. Jarvenpaa's class on driving innovation at BP through digital and communications techniques. Likewise, former BP chief financial officer and group vice president Ellis Armstrong participated in the VIP Speaker Series.
BP's consistent, reliable, and holistic support of the McCombs School of Business makes them an ideal honoree as this year's Outstanding Corporate Partner.
Blazing Saddles: Intel
This award honors a company that has the most unique and innovative involvement with the McCombs School of Business over the past year.
As part of its long-standing relationship with the McCombs School of Business, Intel has a strong history of recruiting McCombs School students with many distinguished alumni serving in leadership positions within the company. Intel's leading presence in the semiconductor market, expanding innovation in the mobile space, and mission of "extending computing technology to connect and enrich the lives of every person on earth" are founded on its successes in innovation and research.
Building on its commitment to innovation, Intel recently committed a generous grant to partner with the McCombs School in creating the Corporate Finance Fellows program with the Finance Department at the school. Modeled after the successful existing MBA Venture Fellows program, the Corporate Finance Fellows will bring together select four to five MBA students to work in teams on a corporate finance project chosen by Intel. The pilot year will focus on MBA students, and we hope BBAs and additional corporate partners will participate in the program in subsequent semesters.
This unique experiential student-centered program exemplifies the mutually-beneficial partnerships that we are pleased to co-create with companies like Intel who support the McCombs School of Business.
Outstanding Executive Education Partner: BBVA Compass
This award honors a company with a significant, impactful engagement with Texas Executive Education in the preceding year.
BBVA Compass is a Sunbelt-based financial institution that operates 685 branches and ranks among the top 25 largest U.S. commercial banks based on deposit market share. BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration and was recently awarded the 2013 Celent Model Bank Award for its new core banking platform.
We recognize BBVA Compass as our Outstanding Executive Education Partner for the innovation and longevity of its executive education programs. The "BBVA Compass School of Management" program creates measurable impact, both in the form of real-time projects being considered for implementation and in increased retention of key talent. The blended design and delivery of the program epitomizes effective collaboration between corporations and academia. The long-term nature of this program has created continuous improvement over time.
The BBVA Compass executive leadership team's ongoing commitment to talent development through Executive Education exemplifies an Outstanding Executive Education Partner at the McCombs School of Business and Texas Executive Education.
Outstanding Corporate Champion
This year the McCombs School augmented tradition by honoring not one, but two Outstanding Corporate Champions. This award honors individuals within a company who have made significant, ongoing contributions to the relationship between the school and their company.
Ms. Kathleen Farlow, Deloitte's central Texas managing partner, championed the need to create "Active Learning Classrooms" through a unique combination of targeted personal employee contributions matched by the Deloitte Foundation. Through Kathleen's efforts, partners and employees of Deloitte LLP and its subsidiaries as well as the Deloitte Foundation provided the McCombs School with a generous grant to create unique, flexible classroom facilities modeled after Deloitte University, Deloitte's leadership development center in Westlake, TX. The new space will enhance faculty members' innovative teaching techniques and provide students with the latest team-based, adaptable, and state-of-the-art learning environments. Kathleen also serves on the McCombs School Advisory Council and the Accounting Advisory Council. She is a true champion to the McCombs School and is personally committed to the school's mission to educate the future business leaders of tomorrow.
Mr. Jonathan Trichel, a principal in Deloitte's Consulting practice, arranged for Deloitte's leadership contribution to support the creation of the new Master of Science in Business Analytics (MSBA) degree. The program provides a unique opportunity for students to receive graduate-level training in business analytics, an evolving science used in virtually all aspects of the economy as massive networks of people, businesses, computers, devices, and sensors interact to generate large amounts of data. Deloitte's contributions and advisory involvement in the MSBA program will ensure that the students learn from real-life business challenges and will also help position the program as one of the nation's preeminent degrees in this cutting edge field. Jonathan's advisory role in this important effort has been imperative to its success.
If your company is interested in exploring opportunities with the McCombs School of Business, please contact the Corporate and Foundation Relations team.