Mays Business School

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Mays Business School
Mays Business School
Type Public School
Established 1961
Parent institution
 Texas A&M University
Dean Dr. Eli Jones
Students 6,064 [1]
Undergraduates 4,894
Postgraduates 1,170
Location
College Station
,
TX
,
USA
Affiliations AACSB
The Washington Campus
Website http://mays.tamu.edu/

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Mays Business School (also known as Mays) is the business school at Texas A&M University in College Station, Texas, United States. Mays educates more than 6,000 undergraduate, master’s and doctoral students in accounting, finance, management of information systems, management, marketing and supply chain management. The full-time Master of Business Administration (MBA) in College Station is ranked 1st U.S. overall for “Best Value for Money” by the Financial Times. Mays also offers the Executive MBA and the Professional MBA in Houston, Texas at CITYCENTRE. Mays consistently ranks among the top public business schools in the nation by Bloomberg Businessweek, U.S. News & World Report, Financial Times and other business news outlets.

Mays Business School’s mission is to create knowledge and develop ethical leaders for a global society. It is accredited by AACSB-International, the premier accrediting agency and service organization for business schools. Mays partners with national and regional business executives to deliver relevant education shaped by industry expectations and insights.

Mays was one of the first five schools in the United States to offer a trading center, the Reliant Energy Securities & Commodities Trading Center, which provides students with hands-on training to the tools used by commodities and currency traders. Students also use the center to manage the Tanner Fund, a $250,000 portfolio created using donated funds. Additionally, the school houses the nation's largest publicly funded real estate research organization, the Real Estate Center, and the Center for Retailing Studies, which was the first retailing center partnered with a business school. It is also home to Startup Aggieland, the nation’s first student-designed campus business accelerators for student startups.

History

File:Wehner1.JPG
Wehner Building

Business education was first offered at Texas Agricultural and Mechanical College in conjunction with mechanical and agricultural programs. From 1876 through 1920 students at Texas A&M could select from a small number of business courses including single and double-entry bookkeeping and creamery management. In the 1920s the Department of Economics and the Agricultural Administration programs began offering further business courses, and by the end of the decade the college had established departments for accounting and statistics, farm and ranch management, marketing, and finance.[2]

Shortly after World War II, Thomas W. Leland became the first department head of the newly created Department of Business and Accounting, under the umbrella of the School of Arts and Sciences. After Leland's retirement in 1961, the School of Business Administration formed. By 1965 the new head of the department, John E. Pearson, had spearheaded the formation of several departments within the School of Business, including accounting, business analysis and research, finance, marketing, and management. The Master of Business Administration (MBA) program debuted in 1966, and two years later, when Texas A&M received University status, the School of Business became the College of Business Administration.[2] The college was accredited by the American Assembly of Collegiate Schools of Business in 1972, and began awarding Ph.D.s the same year. Over the next several decades the college continued to grow, establishing various centers, including the Center for International Business Studies and the Center for Human Resources Management, and implementing new bachelor's degrees.[2]

The College of Business moved into the newly built Wehner Building on the western edge of Texas A&M University's campus in 1995. The business school was given its name in 1996 after Lowry Mays ’57, founder and CEO of Clear Channel Communications, gave a $15 million endowment to the college. The name - the Lowry Mays College & Graduate School of Business – has since been shortened to Mays Business School. Expansion continued quickly, and in 2003 an additional wing was added to the Wehner Building, housing the new 66,000-square-foot (6,100 m2) Jerry and Kay Cox Graduate Business Center.[3]

Academics

Business School Ranking
U.S. undergraduate business
Bloomberg Businessweek[4] 39
U.S. MBA
Bloomberg Businessweek[5] 30
Forbes[6] 24
U.S. News & World Report[7] 32
Worldwide MBA
Financial Times[8] 51

The business school is subdivided into five academic departments: accounting, finance, information & operations management, management, and marketing.

Undergraduate degrees

Graduate degrees

Research centers

  • Center for Executive Development (CED)
  • Center for Human Resource Management (CHRM)
  • Center for International Business Studies (CIBS)
  • Center for the Management of Information Systems (CMIS)
  • Center for New Ventures and Entrepreneurship|Center for New Ventures and Entrepreneurship (CNVE)
  • Center for Retailing Studies (CRS)
  • Real Estate Center (REC)
  • Reliant Energy Trading Center (RTC)

Admissions

BBA Admissions

How to Apply

Texas A&M’s undergraduate enrollment management plan limits undergraduate student enrollment in several Mays Business School majors. This plan, which is reviewed annually, manages enrollment based on facility space (classroom, laboratory, meeting rooms), course availability (instructor and teaching support), academic infrastructure (faculty members and advising availability), and other elements affecting the student experience (such as financial aid availability, residence hall space and co-curricular programming). Target annual admission numbers are shown by each category of admission below.

1. INCOMING FRESHMEN – 1,000 ADMITTED

Mays does not directly select new freshmen. All students must apply through the University Admissions Office process. Select business (BUAD) as your first-choice major. Once you have been admitted to the university, you will be considered by University Admissions for entry into Mays on a first-come, first-served basis. The demand for Mays is much greater than the number actually admitted, so it is important to complete the application process early. If there is no space available in Mays when you are admitted to the university, you will be placed in your second-choice major. Please direct all inquiries to the admissions office, not Mays.

2. TRANSFER STUDENTS FROM OTHER UNIVERSITIES AND COLLEGES – 100 ADMITTED

A limited number of transfers from other universities are admitted to Mays through the University Admissions Office.

  • Transfer applicants will be admitted on a competitive basis through a comprehensive application review process for summer or fall admission only.
  • Students are encouraged to plan early and consult with an admissions counselor. This admission process requires strict and comprehensive adherence by the applicant to Mays Business School’s Recommended Coursework. Students need to have credit for both required math courses before submitting an application.
  • Successful applicants must have completed required coursework at the time of application and have consistently excellent grades. Spring grades are not considered for summer or fall transfer admission decisions. Second-choice majors are not accepted.
  • Transfer applicants who accept transfer admission to any non-business major at Texas A&M will not be considered for on-campus change-of-major to Mays.

3. ON-CAMPUS CHANGE OF MAJOR (ALSO CALLED CHANGE OF CURRICULUM) – 100 ADMITTED

Currently enrolled students at Texas A&M may change their major to Mays on a very limited basis. The requirements are very specific and the number admitted is small.

Minimum Requirements:

A student enrolled at Texas A&M may apply for change of major to Mays Business School once all of the following minimum requirements are met.

  • cumulative GPA of 3.3 or greater in a minimum of 30 graded hours at Texas A&M, and
  • total college credit hours do not exceed 60 (including transfer credit), and
  • completion of qualifying course requirements (shown below).

Prospective transfer applicants are instructed not to accept transfer admission to a non-business major with the expectation of later applying for on-campus change of major to Mays.

All academic information included on the application must appear in the student’s official record at Texas A&M. Occasionally students who do not meet minimum requirements may be granted an exception. The information to file an appeal for exception to the minimum requirements is noted at the end of this document.

Qualifying course requirements:

A minimum of four of the following courses completed with a GPA of 3.3 or greater, and

Two of the four courses must be MATH 141 and MATH 142, or their equivalents.

If more than the four minimum courses are complete, grades in all courses will be included in the GPA calculation. When courses have been attempted more than once, the higher grade(s) will be used to calculate this GPA.

  • MATH 141** Business Mathematics I (or MATH 148#, 152* #, 166 or 172#)
  • MATH 142** Business Mathematics II – Calculus (or MATH 131, 147#, 151* # or 171#)
  • ENGL 104** Composition and Rhetoric
  • COMM 203 Public Speaking (or COMM 205 or 243)
  • ACCT 229 Introductory Accounting – Financial
  • ACCT 230 Introductory Accounting – Managerial
  • ECON 202** Principles of Economics – Microeconomics
  • ECON 203** Principles of Economics – Macroeconomics
  • ISYS 210 Fundamentals of Information Systems
  • MGMT 211 Legal & Social Environment of Business

Credit by exam accepted but no grade is awarded.

Calculate specific course GPA using only 3 hours of any graded 4-hour course.

4. READMISSION

Strict policies govern readmission of former Texas A&M students to this degree program.

  • A former Texas A&M University undergraduate who is no longer enrolled at Texas A&M University and whose last major at Texas A&M was not business will qualify for readmission only by meeting the minimum requirements for on-campus change-of-major (see above).
  • A former Texas A&M University undergraduate who left Texas A&M University in good standing for one or more long semester and whose last major at Texas A&M was business may apply for readmission to that same business major. The student must meet all Office of Admissions readmission requirements, including application deadlines and fee payment. If the applicant attempted any college-level coursework while away from Texas A&M University, transfer transcripts must be posted to the readmission applicant’s official Texas A&M University transcript and must reflect a minimum transfer GPA of 2.00.

When to Apply

Once a student has met all of the minimum requirements listed above a change of curriculum application may be submitted in the Undergraduate Advising Office, 238 Wehner, 8 a.m. – 5 p.m., Monday through Friday, according to the following schedule:

  • Summer/Fall 2015*: May 22 – December 9, 2015
  • Spring 2016: January 4 – May 3, 2016
  • August 11–18, 2015, applications cannot be processed due to summer grade reporting. Mays Business School will continue accepting change of curriculum applications August 11–18, 2015, but cannot process applications.

Decision Notification Applications are reviewed on a rolling basis during open application periods and, at a minimum, on a weekly basis. Applicants will receive a decision via TAMU Email. Decisions will not be given by telephone.

Appeal for Exception to the Minimum Requirements

Appeal requests are considered once per semester, on a scheduled date before each semester. All appeals must be submitted in writing to the Undergraduate Advising Office, 238 Wehner.

The opening dates and deadlines, by semester, to submit an appeal are:

  • Fall 2015: August 3 – 7, 2015 (Decisions emailed by noon, August 26)
  • Spring 2016: December 1, 2015 – January 7, 2016

All appeals are due by noon on the deadline date listed above, and may be faxed to 979.862.3867. Appeals must be submitted in writing (typewritten) and include the following information.

  • Name, UIN, TAMU Email address, Local address, Phone number, cumulative A&M GPA, A&M hours, Total hours (including transfer credit), Current major, and Desired major.
  • Name(s) of other institution(s) attended. If currently enrolled in another institution other than Texas A&M University, include where and in what courses enrolled.
  • Basis for exception (e.g. lack of cumulative A&M GPA, or lack of number of graded A&M hours, etc.).
  • Carefully typewritten appeal. Include reason(s) believed Mays Business School should grant an exception, past accomplishments, and how the desired business major will help meet post-graduation goals. Documentation required for special circumstances believed should be considered.

Appeal decisions are sent to student via TAMU Email. Decisions will not be given by telephone.

Master's Admissions

Our master’s programs help students advance their careers and get a leg up on their peers. Students master knowledge in a wide range of business disciplines, develop new skills through high-impact learning experiences and learn to leverage the power of the global Aggie Network.

To find in depth application information please select the program you are interested in:

MBA Admissions

Our MBA programs help students advance their careers by mastering core business knowledge, honing skills through high-impact learning experiences, developing personalized leadership styles, and leveraging the power of the global Aggie Network.

To find in depth application information please select the program you are interested in:

PhD Admissions

Our PhD in Business Administration offers students a rigorous course of work and the chance to conduct cutting-edge research under the guidance of Mays’ faculty, including some of the world’s leading scholars in their respective fields. The program prepares students for successful careers as academics, industry researchers and/or business consultants.

To find in depth application information please select the program you are interested in:

Careers

BBA Careers

Our undergraduate students have many opportunities to learn about their career options and develop the skills and knowledge they will need to manage their professional careers.

Texas A&M Career Center The Career Center’s mission is to educate and facilitate the job search process for all current and former Texas A&M students. More than 4,000 companies actively recruit Texas A&M students for positions in a variety of industries. The Center offers a variety of services including mock interviews, job postings and career fairs. Click here to go to the website.

Mays Career Coordinators Career coordinators who specifically serve Mays Business School outline a career management plan based on each individual student’s careers goals and needs and then offer targeted services. Students are encouraged to begin meeting with a Mays career coordinator as freshmen. The Mays career coordinators are located in Suite 340 Wehner.

Mays School Career Programming Our students can participate in programs and initiatives specific to their business interests each semester. Past events include:

  • Networking mixer with industry recruiters
  • Mock interviews with local professionals
  • Major-specific panel discussions
  • Freshman speaker series with top industry representatives

Click here to see our upcoming events.

Career Closet The Business Student Council and the Career Services office have business suits available for male and female students to borrow until they buy their own suits. Suits must be reserved at least 72 hours before the suit is needed.

Business Career Fair Students have the opportunity to visit informally with company representatives during the Business Career Fair. Recruiters also use these fairs to identify candidates for immediate and future professional openings. The Business Career Fair also features information about career opportunities to assist students with their career decision-making process. For more information, contact the Business Student Council in 151 Wehner, (979) 845-1320.

The Retailing Career Fair, hosted each semester at Mays Business School, provides an opportunity for students to secure internships and full-time positions with the world’s largest general merchants, luxury brands, apparel stores, and fresh food retailers. The career fair is often cited by students as their first point of contact with future employers. All majors are encouraged to attend.

Graduate Careers

Career Management Center

At the Career Management Center, your success is our business. Develop a career plan, polish professional skills and then make essential connections to take your career to the next level. We specialize in one-on-one, individualized career coaching and consultations. The career center team also works closely with employers to identify and connect to talented, hard-working students with the right background to contribute to the company or organization. For you that means the Career Management Center is the connection point. So, get connected for career success!

Corporate Partners

Accounting Partners: BDO LLP, BKD LLP, Deloitte, Dresser Rand Group Inc., ExxonMobil, EY LLP, Grant Thornton LLP, Halliburton, Hein & Associates, Henry & Peters, P.C., KPMG LLP, McGladrey, PKF Texas, PricewaterhouseCoopers LLP, Ryan, Inc., UHY LLP and Weaver

Finance Partners: Corporate Finance partners are Textron and Nutrabolt Corporation. Capital Markets/Consulting partners include EY, Merrill Lynch, and Northwestern Mutual. Investment Management partners include USAA and Prudential Capital Group.

Marketing Partners: PricewaterhouseCoopers LLP, Caterpillar Inc., TapcoEnpro LLC., Advanced Micro Devices, Inc., BP Energy Company, Cannizzaro Consulting, Pearland Pediatrics & Sports Medicine, Douthit Consulting, Hewlett Packard, Huck Creative, Southwestern Energy, GameStop, LightBulb Deal, Freeman+Leonard, Sanchez Energy Corporation, Dell Inc., Pressure Pumping, Anadarko Petroleum Corporation, Alvarez & Marsal and Essilor.

Return on Investment

  • MS Marketing: Eighty-eight percent of our graduating classes in 2012-2014 report being hired in marketing positions. The average starting salary for these graduates is $66,100.
  • MS Finance: Major investment firms and companies heavily recruit our graduates for the most attractive entry-level finance positions. Typical starting salaries for MSF graduates range from $55,000 to $75,000 and their salary can reach the six-figure mark within a decade after graduation.
  • MS Human Resource Management: Our program has an unmatched track record of job placement. Every student finds a summer internship before the end of the Spring semester and secures a full-time position within a month after graduating. Our program’s reputation keeps top organizations continuously returning to campus to hire our students. The average starting salary for our graduates is $80,000.
  • MS Management Information Systems: Students in our program are assisted by the Career Management Center in the Mays Business School with career placements. Historically, the career placements for our MIS graduates have been quite favorable. Approximately 75 percent of our students have professional internships while pursuing their degrees and 97 percent of our graduates have found full-time jobs within 90 days of graduation. Graduates from our last three MS-MIS program classes report earning an average starting salary of $70,341.
  • Master of Real Estate: Since the inception of the program nearly 40 years ago, the placement rate for students within 90 days of graduation has been 100% most every year. Average starting salaries of $59,000 can be misleading as many real estate careers contain an incentivized pay structure. Recent starting salaries have ranged from $45,000 to $80,000, with compensation levels accelerating quickly thereafter.

Fortune 500 CEOs

Two major national publications, [U.S. News & World Report] and [Newsweek], are out with new reports showing Texas A&M University graduates faring quite well in the marketplace, with the U.S. News story indicating no university in the country has more current Fortune 100 CEOs than Texas A&M.

In its article headlined “Colleges That Gave Fortune 500 CEOs Their Start,” U.S. News leads its online list with five universities that it reports each have three graduates now serving as chief executive officers of Fortune 100 companies — Texas A&M and four Ivy League schools: Cornell, Harvard, Princeton and Yale.

Two of the three graduates studied at Mays Business School.

See also

References

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