CBHP Parents FAQ Update

Canfield BHP Parents FAQ
What is Canfield BHP?

The Canfield Business Honors Program (Canfield BHP) is part of the McCombs School of Business at The University
of Texas at Austin. We are a four-year major that provides a breadth of business education. We are also an honors
program and community for our students. When students complete the program, they will earn a BBA in Business
Honors. Canfield BHP provides a world-class education, countless opportunities, and a tight-knit student
community.
Who is Phil Canfield?

In November 2018, Phil Canfield, BHP ’89, gave a transformative gift to the Business Honors Program. His gift
recognizes the strong, foundational business skillsets he received from the program. With this gift, Canfield BHP
will be able to increase student scholarships, recruitment and program recognition, and student resources. Phil
Canfield is a private equity investor. He and his wife, Mary Beth, live in Chicago, IL.
My student is interested in joining clubs and/or pledging a fraternity

or sorority. Will it be difficult for them to do that and be in Canfield
BHP?
Although Canfield BHP courses are rigorous, we highly encourage our students to also get involved outside of the
classroom. UT Austin has over 1,100 student organizations! Our students can choose from Greek life, McCombs-
affiliated organizations, University of Texas student organizations, or even organizations off-campus. We
recommend that freshmen discuss their extracurricular plans with their Business Honors Academic Advisor to
ensure a good balance of academics and involvement.
How is Canfield BHP different from other honors programs at UT

Austin and other universities?
Canfield BHP is both a major and a program. We provide a unique experience both inside and outside the
classroom. For the Business Honors degree, students take an honors version of 14 different business classes (e.g.
Managerial Accounting Honors, Business Law and Ethics Honors, etc.). The full list can be found in our sample
course sequence. Our courses utilize an MBA-style, case-based curriculum. Classes are smaller in size and
incorporate many discussions, presentations, and group collaborations. Students take their honors courses
throughout their four years at UT, so they are always immersed in the program.
Canfield BHP Office • 2110 Speedway, B6100 • CBA 2.500 • Austin, Texas 78712 • 512-475-6325
Outside of the classroom, Canfield BHP hosts a variety of social events for our students, as well as academic and
professional development opportunities. The Honors Business Association (HBA) is an organization open to all
Canfield BHP students, and they put on fun events such as Dinner with a Professor (DWAP) and company field
trips. As a program, we also set up networking events such as BBQs, Top Golf outings, and Coffee Chats with
companies. We do our best to help Canfield BHP students succeed and have fun in the process.
My student is interested in combining Business Honors with another

major outside of business. Is that possible, and would it be
challenging for them to do that?
Most Canfield BHP students combine Business Honors with another major within McCombs (e.g. Finance,
Accounting, Marketing), but some students pursue majors in other fields of study, such as Mathematics,
Economics, Biology, or History. Some students interested in careers in technology might choose to apply to our
joint honors program with Computer Science, Texas Honors Computer Science and Business (Texas CSB). We
also have a strong partnership with Plan II Honors in the College of Liberal Arts.
Adding an extra major outside of McCombs does mean an increased course load. However, students that come
into UT Austin with significant college credit can still finish both the Business Honors major and their other major
in 4 years. As long as students focus on their coursework and plan with academic advisors from both departments
to ensure that they are always on track to graduate, pursuing a major outside of McCombs is feasible.
What are Canfield BHP alumni doing after graduation and where are
they living?
For the past four years, we have had a 100% job placement rate for our graduates. Immediately out of college,
students work in a variety of roles: management consultant, investment banker, derivatives trader, financial
analyst, marketing analyst, and technology analyst to name a few. Students live and work in a number of locations,
including: Austin, Dallas, Houston, Chicago, Boston, New York, Minneapolis, Seattle, and San Francisco. Our
alumni have gone on to be very successful in a variety of fields. They become C-level executives, entrepreneurs,
partners at law firms, venture capitalists, managers in the tech field and much more. Our alumni greatly value
the broad business education they received in Business Honors, which allowed them to be successful in the field
of their choice.
What percentage of Canfield BHP alumni go on to graduate school,
and what is Canfield BHP’s reputation at these schools?
Roughly 15 percent of Business Honors students pursue the Integrated MPA (iMPA) program, where they receive
their BBA in Business Honors and Accounting and a Masters in Professional Accounting in 5 years total. We also
have students that pursue other graduate and professional programs, either immediately after graduation or after
a few years of working. Students who apply to these programs explain that their Business Honors background
helps differentiate them from other candidates. Many of our alumni will pursue a graduate business degree after
working for a few years. We have had students earn MBAs from all of the top programs—Harvard, Stanford,
UChicago Booth School, Wharton, and Northwestern, just to name a few.

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CBHP Parents FAQ Update

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Canfield BHP Parents FAQ

What is Canfield BHP?

Who is Phil Canfield?

My student is interested in joining clubs and/or pledging a fraternity

How is Canfield BHP different from other honors programs at UT

My student is interested in combining Business Honors with another

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