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June 14, 2003

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June 14, 2003
Advisory Committee to the Business Honors Program

Meeting Notes for June 14, 2003 Meeting

10:00 AM CST





I. Welcome-Robin and Andrew

New Members: Scott Packman (’90) and Dominic Sung (’03)



II. Program Update - Dr. Cox

-Admissions: see information below

-Doenges Award winner: Ty Cobb. 4 outstanding students awards also given this year

-Make A Mark Scholarship will receive matching funds in August, making it a fully endowed presidential

scholarship

-Mitte Foundation

The spilt between the business school and the Mitte Foundation is setback, but more of a loss of opportunity for

hundreds of students. It would have hurt the program much more if this split would have happened 2 years down

the road when we would have already been receiving the funds and would have to do without. The loss of the $10

million dollar gift combined with matching funds of $4 million from the Red McCombs gift will mean a loss of

$375K a year in scholarship dollars and $90K a year in operating income. There is not much to tell beyond what

was found in the paper, but here are some of the facts:

-the BHP submitted all scholarship applications to the foundation in early March and were told we would

have them returned in 2 weeks

-5 weeks later we received only the freshmen recipients, but no upperclassmen

-in May, the Mitte Foundation called a meeting with Dean Gau here at UT; Dean Gau rescheduled for a few

weeks later at the Mitte Foundation. At that meeting were Dean Gau, Scott Mitte, Sheryl Nolting, Joann Mitte,

and the Mitte Foundation lawyer.

- Scott Mitte has settled 4 sexual harassment cases out of court

-Dean Gau was not comfortable with having Scott Mitte on campus

-The Mitte Foundation insisted on Scott working close with students on campus and in community service

projects

-the consensus in the meeting was that the AC members admired Dean Gau for his courage



III. Focus for AC for the future-see attached sheet

-3 main focus areas with metrics included: giving, involvement w/current students, and alumni events

Survey Update: the survey can be found here:

http://www.surveymonkey.com/Users/72979686/Surveys/81184206176/10BF974B-E454-4E52-BF8A-

7EA8B73829CF.asp?U=81184206176

If you have any feedback, please share it with Andrew.

It was suggested to have the class chairs help us run a class competition

The survey will be key to determining what alumni want

Class pages for each class year



IV. Alumni Relations

A. Area Events

Bay Area-wine bar, May 3rd (Saturday)

LA-May 6th, Happy Hour

Houston-Luncheon, June 18th –great turnout; will replicate in other cities

NYC-alumni/student mixer, July 16th



B. Alumni Mentor Program-100 freshmen were match with the Class of 2003. Sophomore admits matched to

remaining alumni

A good way to keep alumni active is to get them to speak in classes and get input on curri culum,



V. Admissions and Alumni Recruiting



A. Freshman Admissions

Application Results

Applications Received: 664

Offered Admission: 164

Enrolled: 103

Avg. SAT: 1416

Avg. Class Rank: top 2.1%



B. Sophomore Admissions

Applications Received: 143 (up from 95 in 2002)

Decisions announced: July 1





VI. Resources-Craig



A. Annual fund

40 gifts received for a total of $4643



B. Excellence Fund-the MIS Excellence Fund would be a good comparison

1. Totals

a. $40,160 pledged

b. $23,770 received



2. Alumni AC solicitation update. Helped needed from BHP office?



3. Alumni Donor meetings

a. visits scheduled for Houston on 6/18

b. Visits planned for Austin this summer



4. Committee member gifts-if any AC member has not pledge, please do so by contacting Adam.



VII. Communication-Scott and Adam



US News Rankings push- student committee formed to research ranking guides and contacts





VIII. Class of 2003 Profile-see attached file



IX. Next Meeting –Saturday, September 13 th (UT vs. Arkansas)


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