In a rapidly globalizing environment and ever-changing world, business schools are providing more value than ever. Today at its 2017 Deans Conference, AACSB International (AACSB) — the world’s largest global education network — unveiled 35 innovations that represent critical work being done by business schools to better their communities and society at large.
Mays Business School was recognized for its submission on the Texas A&M University Petroleum Ventures Program (PVP), which detailed a bold new entrepreneurial training program that better prepares students to be leaders in the oil and gas industry. By connecting the curriculum with industry needs, PVP gives students a competitive advantage in an interdisciplinary way.
The AACSB’s second annual “Innovations That Inspire” initiative recognizes institutions that have championed change in the business education landscape. A total of 315 submissions were received across 33 countries, mirroring society’s growing global demands, as well as the critical need for strong, connected and forward-thinking business schools. The initiative—and the impressive work it showcases—underscores the important role that innovation plays in achieving the industry-wide vision for business education, which AACSB unveiled in 2016.
The second annual “Innovations That Inspire” initiative showcases unique ways business schools are changing the status quo to address societal needs, while empowering the business leaders of tomorrow.
“With great pleasure, I am thrilled to recognize Mays Business School for its role in driving innovation in business education and fostering positive change in the areas of diversity and global economic prosperity,” said Tom R. Robinson, president and chief executive officer of AACSB international. “Through meaningful ideas and increasing opportunities for engagement, Mays Business School has created a remarkable impact, to ensure a better and more connected world for many years to come.”
EliJones, dean of Mays Business School, said the Texas A&M Petroleum Ventures Program “an example of connecting innovation with our school’s vision to advance the world’s prosperity.” He added, ““We are honored to receive this recognition for stepping up to serve our state and nation in this important area.” As part of the school’s new strategic plan, Mays aims to build the school’s research presence in the Mays Grand Challenge area of Energy.
The academic collaboration between Mays Business School and the College of Engineering fosters teamwork among petroleum engineering students and students in the Department of Finance at Mays. The first classes for the PVP Certificate Program were offered in Fall 2016. PVP is funded by a $12 million gift by Anthony Bahr ’91 and Jay Graham ’92, business partners in Houston-based WildHorse Resources Management Company in Houston.
About AACSB International
As the world’s largest business education network connecting academe with business, AACSB provides business education intelligence, quality assurance, and professional development services to more than 1,500 member organizations across 97 countries and territories. Founded in 1916, AACSB accredits 780 business schools worldwide. Its global headquarters is located in Tampa, Florida, USA; Asia Pacific headquarters is located in Singapore; and its EMEA headquarters is located in Amsterdam, the Netherlands. For more information, visit www.aacsb.edu.
About Mays Business School
Texas A&M University’s Mays Business School educates more than 6,000 undergraduate, master’s and doctoral students in accounting, business, finance, management, management information systems, marketing and supply chain management. Mays consistently ranks among the top public business schools in the country for its undergraduate and MBA programs, and for faculty research. The vision of Mays Business School is to advance the world’s prosperity.
This story written by Diane C. McDonald was originally posted on Mays Impacts.