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Tag: #1 graduate accounting program

Texas McCombs MPA Ranked No. 1 for 11th Straight Year

Texas McCombs has once again taken first place in Public Accounting Report’s (PAR) undergraduate, master’s, and doctoral rankings. PAR ranks U.S. academic accounting institutions every year by surveying nearly 1,000 accounting faculty members across U.S. colleges and universities.

Medium_Rankings No.1_PAR_2019

Master’s Ranking: No. 1
Texas McCombs has led the nation at the master’s level (Master in Professional Accounting) in 25 out of the past 26 surveys. This is also the 11th straight year the MPA program has clinched the top spot. BYU jumped ahead of Illinois to take second place this year, leaving Illinois in third.

Explore the undergraduate, graduate, and PhD rankings, as well as further accolades, on the Texas McCombs News blog.

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One reason the Department of Accounting and its programs continue to rank so high is due to our faculty (along with their research and curriculum). Read on to learn more about recent research and curriculum from our Department’s faculty.

Move Donors to the Head of the Transplant Line?
Accounting research demonstrates how a simple rule change could boost the number of usable organ donations — and save lives. Based on the research of Ronghuo Zheng.

zhengAwaiting an organ transplant for yourself or a loved one means delays that can be agonizing — and costly. Every day, 20 patients on U.S. waiting lists die before an organ becomes available, according to the U.S. Department of Health and Human Services.

In a sense, it’s a classic accounting problem of supply and demand, says Ronghuo Zheng, assistant professor of accounting at Texas McCombs. While 113,759 U.S. patients languished on lists last year, only 17,554 donors, living and deceased, provided organs.

How can the U.S. expand its supply? In new research, Zheng finds that with one important modification to a Nobel laureate’s proposed rule, it could swell the pool of donors while ensuring that patients get usable organs.

The proposal, known as the donor priority rule, would hold out a carrot to potential registered donors. If one of them gets sick themselves and needs a transplant, they’ll be able to cut in line, taking priority over those who aren’t registered.

>> Continue reading on Big Ideas

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Patrick Badolato, Senior Lecturer at Texas McCombs, recently posted an article on LinkedIn regarding his Financial Statement Analysis class and how it correlates to real world companies. 

An Update on Uber, Financial Accounting, Financial Statement Analysis and Cash Flow Bros
In addition to the Uber commentary at the end, I offer this post as a quick update for any interested former students or colleagues (I hope you are doing well!) and as some quick thoughts for anyone who just started or may take any of these classes at the University of Texas’s McCombs School of Business.

BadolatoThis Fall our Department asked me to teach the four classes of the (introductory) Financial Accounting class to our Full-time MBAs in addition to six sections of Financial Statement Analysis (across 5 of our graduate programs). While this uniquely high course load will be an incredible challenge, I am absolutely excited to have this opportunity, which began this past week.

As my former students and colleagues know, the course I have focused on and developed over the past many years is not introductory accounting, but Financial Statement Analysis (FSA). I have had the pleasure of teaching this upper-level class in all of the McCombs graduate programs that include accounting classes. In this class we have covered Starbucks, JCPenney, Nordstrom, Apple, Ford, Tesla, Amazon, Netflix, Walmart, Whole Foods, Facebook, Priceline, Southwest, Coca-Cola, Disney, ToysRUs, Theranos, Groupon, Square, Blue Apron, GoPro, Yeti, Exxon, Beyond Meat, Lyft, etc. After taking FSA, students note that they appreciate how the class helps them: (1) see how and why valuation and analysis are more than mindless mechanical processes; (2) understand the importance of stepping back and understanding the business; and (3) offers the opportunity to see that there is a ton of information in financial reports, once we gain comfort working past the fluff and filler and focus on holistically using the financial statements and other information.

Learn more about the FSA class by reading Patrick Badolato’s full article

Making a Global Impact: tMPA Student Muhannad Alsharekh

To say Muhannad Alsharekh has had some extraordinary life experiences would be an understatement. He’s traveled the world representing his home country of Saudi Arabia for the Youth 20 Summit 2019 and pitched an idea for an underwater tunnel connecting Saudi Arabia and Egypt all while being a full-time traditional Master in Professional Accounting student. Let’s learn more about Muhannad, the Y20 Summit, and his time in the MPA program.

Muhannad Alsharekh

Traditional MPA student Muhannad Alsharekh representing Saudi Arabia at the Y20 Summit in Japan.

Muhannad grew up in Saudi Arabia and studied at King Fahd University of Petroleum and Minerals. He originally majored in finance since his father is in banking, but when he got his first taste of accounting, he switched degrees and declared accounting as his major. To explore the world a bit more, he decided to study abroad in Denton, TX (a suburb of Dallas) and knew there was something special about this state. So after his internship with PwC in 2015, he started looking at graduate accounting schools, and the Texas McCombs Master in Professional Accounting program made his short list.

After doing more research into the MPA program, he noted that the program’s #1 ranking, notoriety of the professors, and length of the program all were key factors in his decision to apply to the program. Muhannad then met with Keri Ledezma, Director of Admissions for the MPA program, in 2016 which sealed the deal. He was accepted into the program in 2017 but deferred his start-date until the fall of 2018.

When asked what he loves most about UT and Austin, without hesitation he said, “The food and the people!” Muhannad has enjoyed exploring a new city (and new restaurants), as well as making lifelong connections with his professors, staff, and students. Plus he was a part of the MPA indoor soccer team this spring that made it all the way to the championship game.

Muhannad decided to apply to represent his home country of Saudi Arabia at the Y20 Summit, an annual international conference of youth leaders who come together as a joint declaration on policy recommendations. These young professionals discuss international issues and propose a common solution to the G20 leaders at the international forum regarding policy and international financial stability.

With the Deputy Minister of Culture, Sports, Science and Technology

Muhannad, far right, with the Deputy Minister of Culture, Sports, Science and Technology at the Y20 Summit.

A few weeks after applying, he was granted an interview. After a total of three rounds of interviews, Muhannad was selected as one of two Saudi delegates to represent Saudi youth at the Y20 Summit 2019 in Japan. 70% of people are 30 years or younger in Saudi Arabia, and Muhannad was honored to represent them. “It was very important to me to help make an impact on our future,” he said.

At the Y20 Summit, the youth delegates went through lengthy negotiations to reach a consensus on the most effective and direct policy recommendations. The Y20 leaders concluded with addressing three main policy recommendations: International Trade, Future of Work, and Business and Environment, and they had the honor to deliver their proposals to the Japanese Prime Minister. But their work didn’t stop there… Currently, these young leaders are undergoing an awareness campaign about the importance of their recommendations and how it relates to youth around the world.

With Japan's Prime Minister

The Y20 Summit delegates presenting their recommendations to Japan’s Prime Minister.

Since the Y20 Summit was held during the same weekend as graduation, Muhannad did not have the opportunity to walk in the MPA Commencement Ceremony on Saturday, May 25. He did, however, accept a job offer before graduation at SABIC, a Saudi diversified manufacturing company, in their corporate finance department. He will have the task of monitoring business processes of the organization as a whole while increasing efficiencies and effectiveness. Muhannad will be starting with SABIC at the end of this month.

As for his future goals, he says he would love to be a leader of a large company one day as a CEO or CFO, but he added, “As long as I enjoy where I am and who I work with, it doesn’t matter what I’m doing.”

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Earlier this year, Muhannad was also a part of the winning team at the Dream NEOM Competition hosted by NEOM (Saudi Arabia’s new ambitious city) and the MiSK Foundation (a non-profit Saudi organization). The aim of the competition was to gather the sharpest young minds to develop ideas for the NEOM city. His team received first place in the competition based on their idea to develop an underwater submerged floating tunnel connecting NEOM with Egypt. Along with his team members, Marah Alarabi and Suzanne Alomran, they leveraged their networks to consult with architects and engineers to test their proposal and ensure the project was covered from a technical, financial, and environmental aspect.

Dream NEOM Competition

Muhannad with his teammates Marah Alarabi and Suzanne Alomran presenting their underwater floating tunnel at the Dream NEOM Competition in April 2019.

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