state
Battalion/Pags
February 1
Teachers pushing
education spending
Braniff s
PSA link
approved
United Press International
AUSTIN — The Texas
Federation of Teachers Monday
announced a legislative package
that would raise teachers’ salar
ies 40 percent over the next two
years and increase total state
spending on education by 65
percent.
The group proposed increas
ing the state oil and gas sever
ance tax almost threefold to 12.5
percent to finance the recom-
!mendations.
; John Cole, president of the
; 15,000-member organization,
■ said the total cost of the program
would be $12.5 billion in state
; money, compared to the $9.3
; billion recommended by the
• Legislative Budget Board.
The group’s proposal would
represent a $5 billion increase in
spending over the next two
years.
The proposal recommends a
54.7 percent increase in spend
ing for textbooks and asks that
"$51 million be earmarked for
developing more modern
teaching materials.
The group also proposes that
Bad air
may cut
funding
United Press International
WASH INGTON — Six Texas
counties are not complying with
federal Environmental Protec
tion Agency clean air standards,
according to a list released
Monday.
The list included areas across
the country that showed high
concentrations of ozone, carbon
monoxide and particulate mat
ter, and puts local governments
on notice they face loss of feder
al funding for highway and con
struction projects.
The list included Dallas and
Tarrant counties for ozone,
parts of Cameron County,
Houston and Corpus Christi for
particulates, and El Paso County
for ozone, particulates and car
bon monoxide.
The agency has authority to
impose the funding sanctions on
any area that was not in com
pliance with air quality regula
tions by a deadline last Dec. 31,
EPA Assistant Administrator
Kathleen Barnett said.
After a 45-day period for
comments by state and other in
terested organizations, the EPA
will publish a final list for coun
ties that have failed to meet re
quirements of the law.
At that time, “A construction
moratorium automatically goes
into effect on all major sources
of the (air) pollutant in ques
tion,” Bennett said.
Bondsmen
trickery
charged
United Press International
DALLAS — A now defunct
bail bonding firm used the
promise of inherited riches to
lure at least one bond jumper all
the way from Florida to his
arrest in Dallas.
Unemployed construction
worker Frank Faust, 26, admit-
ed he skipped a $200 bond for a
Irunk driving charge, but said
he tactics of the bondsman,
^awyers Bail Bond Service, were
infair.
“I was in shock. It was a
etup,” Faust said in a jail inter-
uew. “I can’t believe that some-
iody could put a man’s hopes up
o high only to bring him so
ow.”
Faust said he was unem-
iloyed and could not raise
11 he money to money to pay off
lis debt to the bondsman.
Faust said he was living in
r ort Lauderdale, Fla., when he
eceived a letter from Holmes
nd Associates, Inc., a London-
>ased heir locator company. On
ailing the number given in the
etter, Faust said he was told he
ould expect “at least $ 150,000.”
Faust made the trip to Dallas
>n $500 in borrowed money,
i >nly to be arrested by sheriffs
leputies at the address listed in
, he letter.
That address was occupied by
he offices of lawyers Don Izak
1 nd Joe Gregory, both part own-
rs of Lawyers Bail Bond Ser
vice, whose license was revoked
ist November for bond forfei-
i 'ires.
a building improvement fund
for poor school districts be en
dowed with $ 1.8 billion and asks
that equalization and compensa
tory aid to poor districts be in
creased by 100 percent.
Cole said if the program were
fully adopted, it would move
Texas from 39th to 10th in the
nation in per-pupil spending on
education.
The 40 percent increase in
teacher salaries compares with a
24 percent hike urged by Cov.
Mark White in his message to
the Legislature last week.
But Cole said he believes
White will give his full support
to the plan.
“We are very encouraged that
education remains Governor
White’s top priority,” Cole said.
Rep. Eddie Cavazos, D-
Corpus Christi, joined Cole at a
news conference to announce
the funding proposal and pre
dicted the public and the Legisl
ature would accept the package.
“What’s important to consid
er here is this does notjust apply
to teachers’ salaries,” Cavazos
said. “It addresses the full scope
of education.”
Under the proposal, the cur
rent 4.6 percent severance tax
on oil and gas would be in
creased to 12.5 percent, gener
ating $5.7 billion in new revenue
over the next two years. Cole
said.
United Press International
FORT WORTH — Federal
bankruptcy judge John Flowers
approved a proposed joint ven
ture between bankrupt Braniff
International and California-
based Pacific Southwest Airlines
Monday.
Under the proposal, PSA
would lease aircraft and other
equipment from Braniff and
hire up to 1,500 laid-off Braniff
employees to operate a new divi
sion. Flowers said the arrange
ment was the best deal possible
for idle Braniff employees and
unpaid creditors.
“I am convinced this is the
best that can be achieved under
the circumstances,” Flowers
said.
He also ruled that he has au
thority to assii
held by Braniff to PSA
new operation.
The Federal Aviation)* Un
mst ration had earliersaiciK. ; WAf
sole authority over the il convict;
Flowers contended tklLf the
could be assigned to any ^aupu
"successor” and Flowenc ** ,v
PSA as a successor unde
regulation
wl
an attai
and a w
week.
The new money would allow
funding of all the federation’s
proposals and still leave more
than $723 million for other pur
poses.
“‘I imagine there will be some
opposition out there, primarily
from the oil and gas industry,”
Cavazos said. “But everyone
campaigned on making educa
tion a priority and the accounta
bility has to be this session.”
Cole noted that the Louisiana
severance tax on oil and gas is
12.5 percent and predicted
opposition from the oil and gas
industry to the tax increase
could be overcome.
“What they have is a few peo
ple with a lot of money,” he said.
“What we have is more people
with a little money. But if we
mobilize them, we can win.”
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The
BUSINESS
lllllllllllllllllllllllllllllllflllllllllllllllllllllllllililllllllllililllllllllll
VoluineS, Number4
Monthly Newsletter of the students of the College of Business Administration, Texas A&M University
iftrsWter
Paid advertising, prepared by
ihe College of Business Administration
Business Analysis
New Major Wave of the Future
by Michael Larkin
According to reports and projec
tions from the United States De
partment of Commerce, occupa
tions directly related to computers
will be among the leading careers
in future job markets.
The establishment in spring
1982 of the business analysis major
among the College of Business
Administration's undergraduate
degree programs is helping more
students to become prepared for
this rapidly growing career field.
The outlook is bright for students
with interests in the areas of busi
ness computer programming and
systems applications.
But the still new BANA major is
more than a business computer
field. It also offers opportunities in
business statistical methods, oper
ations management and physical
distribution management.
Although the Business Analysis
Department has been around for
many years and has offered mas
ter's and doctoral degrees since
1969, the new undergraduate de
gree plan (BBA) was not formally
approved until April 1982. BANA
courses have been available for
students throughout the years as
“support courses” for other busi
ness disciplines. However, now
that the BANA major curriculum
has been approved, students can
get an undergraduate degree in
the field, says Dr. John J. Dinkel,
Head of the Department of Busi
ness Analysis and Research.
Dinkel also says that job oppor
tunities are good for BANA ma
jors.
“Reports from placement offices
of major universities typically
show the salary outlooks for com
puter and quantitatively, oriented
graduates to be among the highest
of all graduates,” he commented.
The BANA program offers four
areas, or elective tracks, that help
students specialize in the area they
wish.
The four tracks are: Manage
ment Information Systems, Pro
duction/Operations Management,
Management Science, and Physic
al Distribution Management. Each
of these involve the use of compu
ters, with the various concentra
tions and utilizations applicable.
All of these types of specializa
tions are currently being recruited
by government, and large and
small businesses.
Dinkel says that although the re
cession has slowed recruitment of
business majors, there are still
plenty of good opportunities.
Only two out of 100 companies
have not come to this campus to
recruit this year, Dinkel says.
He says that there are basically
three types of companies that seek
BANA majors: major oil com
panies that have large computers.
accounting firms and other organi
zations that run large information
processing shops.
Dinkel says that in the 1982 fall
semester there were 47 BANA ma
jors. Spring pre-registration
shows an additional 100 students
entering the field.
Some 200 students were ex
pected to be enrolled in the depart
ment by 1986, but the department
has already come close to meeting
that goal.
Students Study Abroad with CBA
by Carole Craft
The College of Business Admi
nistration, in cooperation with the
Texas A&M University Study
Abroad Office, will be sponsoring
several study abroad trips in the
summer of 1983. The trips will be
taught by Texas A&M faculty and
will follow the same procedures
and calendar as a regular on-
campus summer course, but with
the added advantage of offering
students the chance to see a little of
Europe at the same time.
Three trips are planned for the
first session of the summer. Stu-
Commerce
Bank
Charles Beall announced the gift to the Finance Department at the
Reception held last fall at the Briarcrest Country Club. A reason
sighted for the selection of A&M as the recipient were the outstand
ing graduates.
dents in Marketing 485 (Problems
in Marketing) and Marketing 401
(International Marketing) will take
simultaneous tours of Europe May
14-June 10 under the direction of
Dr. Charles S. Madden and Dr.
William M. Pride. These tours will
take students through Belgium,
Germany, France, Switzerland
and Italy. Eighteen business orga
nizations will be visited, including
the Porsche factory in Stuttgart,
the DuPont plant in Geneva, and
the Societe des Bains de Mer in
Monte Carlo.
“We have planned some special
sightseeing trips for our free time,
including a harbor cruise on the
Riviera, a gondola ride in Chamo
nix (the French Alps), and a side
trip to Bruge, Belgium (the center
of the lace industry)," said Dr.
Madden. “We will probably visit
the Vatican while we're in Rome,
and we have tentative plans for
some other stops,too."
Management 424 (Organiza
tional Theory) students will take a
trip to Italy. This tour will be under
the direction of Dr. George H.
Rice. Students will be based at La
Poggerina, a monastery and
school located outside Florence,
where they will stay and attend
classes. Field trips to Rome, Pom
peii, Venice, and the Dolomites
(the Italian Alps) are scheduled.
Students will also visit local Italian
businesses.
Three trips are proposed for the
second summer session, July 7-
August 12. Dr. Arvind Mahajan
will take Finance 445 (Funding In
ternational Business) students on
a trip to England. Another trip to
England is planned for Finance 475
(Real Estate Investment) students
and will be under the direction of
Dr. Wayne E. Etter. Students on
both trips will be staying at the
Imperial College in London, and
will also attend class there.
Field trips for the finance group
will include visits to the Bank of
England, foreign investment
groups, foreign banks with bran
ches in London, the London stock
exchange and the gold exhange.
The real estate class will also visit
real estate developments in and
near London and meet with
groups interested in investing in
U.S. real estate.
“Students may actually put in a
few more classroom hours while in
England than if they were in a reg
ular summer school course," Dr.
Etter said. “We'll have class Mon-
day-Wednesday, Thursdays are
reserved for field trips, and Friday-
Sunday is set aside for sight
seeing."
A trip to Scotland, Ireland and
England is proposed for Manage
ment 466 (Management Policy)
students and will be under the di
rection of Dr. Howard E. Cham
berlain. Students will be staying
about a week in Dublin, four
weeks in Scotland, and about a
week in London. The University of
Stirling in Scotland will be their
base for much of the trip. Details
on specific companies that will be
visited are being firmed up
now.The cost of this trip and that
of Dr. Rice's (Mgmt. 424) will be
approximately $2700.
Texas Commerce Bank Donates
$100,000 to Finance Department
A $100,000 gift to the College of
Business Administration Depart
ment of Finance at Texas A&M
University was announced recent
ly by Charles C. Beall, President of
Texas Commerce Bank-Houston.
Beall made the announcement at a
reception hosted by the Texas
Commerce Bancshares Corpora
tion at the Briarcrest Country Club
during the Fall 1982 semester.
Other Texas Commerce execu
tives who also spoke to the group
of faculty and students were Marc
Shapiro, Vice Chairman and Chief
Financial Officer, and John Town-
ley, Vice Chairman-Energy.
The gift will go to the Depart
ment of Finance Development
Fund, which supports the re
search and teaching activities of
the department.
“This gift is very valuable in
terms of our ability to attract quali
ty professors to Texas A&M," said
Dr. S. Kerry Cooper, Professor of
Finance.
In his presentation, Beall re
marked on the quality of Texas
A&M graduates and in particular,
the outstanding finance gradu
ates.
“We in the business community
appreciate and eagerly seek out
graduates with your credentials,
as evidenced by the 68 employees
at Texas Commerce Bank who are
Texas? A&M alumni/' Beall said.
“We sincerely appreciate Texas
Commerce Bankshare's confi
dence in our programs," said Dr.
Malcolm Richards, Head of the
Department of Finance. “Corpo
rate and professional support such
as their's does a great deal to in
crease the effectiveness of our
efforts to give students a quality
education while serving the busi
ness community with quality re
search and professional prog
rams."
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