University of Houston, Bauer Affirm City’s Strength, Vibrancy
Despite economic uncertainty across the country, bothBusinessWeek and Kiplinger’s Personal Financemagazine have high praise for the opportunities Houston offers its residents. Houston has landed on top of recent lists from both publications ranking the best cities across the nation for earning a living.
Education and employment efforts from the C. T. Bauer College of Business at the University of Houston continue to align with what each of the rankings identify as the city’s strengths.
Kiplinger’s report highlighted Houston’s strong energy economy, robust job growth and low cost of living. Houston was ranked first because it has generated over 100,000 jobs in the aerospace, technology and medical areas in the last year, according to Kiplinger. With the cost of living in Houston lower than other major cities, such as New York, San Francisco or Miami, those working in major industries of technology and education earn more overall.
“Houston’s in a strong point right now,” Bauer College Dean Arthur D. Warga said. “The credit crunch hasn’t hurt this city the way it has other parts of the country. We’re an attractive place.”
Warga said that while energy is important to the local economy, Houston has diversified since the 1980s, and is now emphasizing technology and business. “Energy may still be the central theme, but a lot of support services have diversified to different lines of business,” he added.
BusinessWeek also recently named Houston as of the top cities for careers ranging from energy to engineering. Competitive salaries, cost of living and growing energy economy has made Houston a very attractive market for job hunters, BusinessWeek reported.
“There has been growth in the job market as far as campus recruitment,” said Jamie Belinne, assistant dean and executive director of the Rockwell Career Center at Bauer. “There has not been a decline in the job market.”
Belinne said corporate demand for Bauer College students majoring in accounting, finance and management information systems has been high recently. In response, the college is offering students the opportunity to compete in a growing global economy, Warga said.
“With Houston becoming the energy capital of the world for a global industry the economy is in need of people who have the vision to think globally, to ask the right questions, to resolve problems and to adapt to other cultures,” Warga said.
The college does that through several specialized course offerings, including the Global Energy Management program and the Cyvia & Melvyn Wolff Center for Entrepreneurship. Both programs have received national recognition in the last year, with BusinessWeek calling the UH-Global Energy Management Institute one of the country’s best niche programs and Entrepreneur magazine ranking the Wolff Center as the #2 undergraduate entrepreneurship program in the U.S.
Students are responding to the innovative curriculum and student support services offered by Bauer College. Business colleges nationwide have had trouble recruiting students, but Bauer is not facing that dilemma, Belinne said. “Compared to other colleges across the country, we have had a strong growth in recruiting,” she added.
Warga credits Bauer’s various rigorous programs for student success in the energy and entrepreneurial sectors by instilling leadership and technological skills along with academics. The availability of courses for either undergraduate or working professionals has been one of the major reasons Bauer has been able to keep education accessible to all its students, Warga said.
“Our students tell us that they really value the flexibility of class formats as well – for instance, we have part-time MBA programs that are offered during the day, evening or on weekends,” he said.
By Mayra Cruz
About the University of Houston
The University of Houston, Texas’ premier metropolitan research and teaching institution, is home to more than 40 research centers and institutes and sponsors more than 300 partnerships with corporate, civic and governmental entities. UH, the most diverse research university in the country, stands at the forefront of education, research and service with more than 35,000 students.
About the Bauer College of Business
The C.T. Bauer College of Business has been in operation for more than 60 years at the University of Houston main campus. Through its five academic departments, the college offers a full-range of undergraduate, masters and doctoral degrees in business. The Bauer College is fully accredited by the AACSB International – the Association to Advance Collegiate Schools of Business. In August 2000, Houston business leader and philanthropist Charles T. (Ted) Bauer endowed the College of Business with a $40 million gift. In recognition of his generosity, the college was renamed the C.T. Bauer College of Business.