MPA Admissions Blog

Insider Information for Prospective Texas McCombs Students

Tag: graduate accounting (page 2 of 2)

Meet Kristina Zvinakis, MPA’s New Program Director

Kristina ZvinakisOn September 1, 2021, the Master in Professional Accounting program welcomed its new Program Director, Professor and Assistant Department Chair Kristina Zvinakis! Read on to learn more about Kristina, her path to Texas McCombs, and her goals for the MPA program.

Tell us a bit about how you came to be at UT.

While it’s hard for me to believe, this is my 15th year at McCombs. I earned my PhD here and then taught at a couple of different universities after I graduated. I returned to UT Austin when our then Department Chair, Ross Jennings, invited me to come back to teach tax classes. I count is as one of the better decisions I’ve made.

What drew you to study accounting and to a career teaching accounting?

I grew up in a family that believed in the importance and value of education to secure a successful future. We (my two sisters and I) were steered toward business as a major, as that seemed to be a good foundation for many careers. When I started college (at the University of Illinois Urbana Champaign), I didn’t know much about business. I was drawn to my accounting classes initially because of the problem-solving nature inherent in the class content. As I got further into coursework, I realized that I liked learning about, thinking about, and trying to sort out how regulation (i.e., the different accounting systems) affects the behavior of individuals and businesses. Reflecting on my education, I know that I didn’t appreciate how lucky I was to have such good professors. My undergrad and PhD program faculty cared deeply about their students, invested tremendously in their teaching, and were willing soundboards and mentors. Those faculty were a big part of the reason that I chose an academic career path. I hope that through my teaching I am paying back what they did for me.

What classes do you teach/have you taught at McCombs?

Tax Research and Corporate Tax are my primary classes; I’ve also been fortunate to teach in our summer study abroad programs.

Tax Research is a challenging course to teach and, as a result, it’s a very rewarding class to teach. In class we first learn about the different sources of tax law. After that, I ask the students to apply what they have learned to determine and explain the tax consequences of a particular transaction.

My observation is that people who have interesting jobs often are working on solving difficult problems. As such, I try to assign challenging tax-research problems. I hope that by helping students develop a framework for problem solving and then giving them some practice applying that framework, they will develop skills that will be useful to them after the leave our program.

What’s your vision for the MPA program?

Keeping the program as well-respected as it is now is high on my agenda. My vision for the program doesn’t encompass a radical overhaul, but includes two broad goals. First, I want to ensure that our curriculum is not only current on the dimension of accounting knowledge, but relevant in the context of the business environment today’s students will enter. The Department of Accounting recently added an environmental, social, and governance (ESG) elective to the accounting curriculum, and our faculty are working hard to incorporate more analytics into their classes. We have a responsibility to ensure that our students learn as much accounting as possible while in our programs. However, we also have a responsibility to ensure that our students appreciate the role of accounting in an evolving business environment.

Second, given the proliferation of non-accounting master’s degrees, we need to be mindful and make sure that students are aware of the breadth of careers available to someone with an accounting background. Our graduates take jobs in a variety of industries and often use their accounting knowledge to distinguish themselves from their peers and leverage themselves into leadership roles. My job as a faculty member and as MPA Program Director is to ensure that students acquire the skills and the knowledge that allow them to find interesting and meaningful work. An accounting major can open doors to many different careers.

What’s an interesting fact about you people may not know?

I am Lithuanian and that heritage is on both sides of my family. As World War II was ending, my mom and her family fled Lithuania and eventually emigrated to the U.S. We grew up speaking Lithuanian, attending Lithuanian school on Saturdays, and going to Lithuanian summer camp (in Michigan, about 80 miles west of Detroit). Every year for one week of the summer, I volunteer at that same camp (my job involves working in the kitchen, which is not something that I know much about, so I learn something new every year).

Many of the people I grew up going to summer camp with also volunteer and some of my cousins are integral in organizing the week during which I volunteer, so I get to spend time with people who I have known forever but don’t get to see very often. Austin doesn’t have as large a Lithuanian community that I grew up with in Chicago, so I enjoy reconnecting with my Lithuanian heritage during the summer.

Meet John Bober, MPA ’82

From earning an undergraduate degree in history to making a professional pivot into accounting and finance, John Bober (MPA ’82) has had a long and successful career. After earning his Master in Professional Accounting, John started at Arthur Andersen and quickly made partner. He then transitioned to GE Capital, where he spent nearly 23 years of his career. John retired in March 2018 and is now a consultant in the leasing industry. He is also a long-time supporter of our Department.

TELL US MORE ABOUT YOUR CAREER AT GE.
I joined GE Capital after more than a decade in public accounting and right after making partner. It was one of the best career decisions I made. The breadth of experience and wisdom I gained at GE were unparalleled. Over my 23 years, I had roles in controllership, finance, risk, and general management. My favorite stints were those I had in project finance, where I led the group that analyzed the accounting and tax implications of investment structures and established investment hurdle rates. I also had other responsibilities within the larger GE organization, including lease pricing and serving as the finance group’s subject matter expert for leasing. At the time, responsibility at GE went to the person and not the position, which allowed for considerable professional growth.

HOW ARE YOU STAYING BUSY IN RETIREMENT?
Since retiring, I have stayed active in the industry. I am now a consultant with The Alta Group, a global consultancy dedicated to equipment leasing and finance — it’s a very interesting world and I enjoy consulting on lease accounting, pricing, and operations. My deepest experience is on the lessor side, and spending time on transactions and establishing lease programs and captive finance arrangements is where my retirement days usually go.

WHY DID YOU JOIN THE DEPARTMENT’S ADVISORY COUNCIL?
Maybe I am a frustrated academic… I enjoy learning what is being taught, and it is great to hear what is on the minds of students and what they are looking for. It was especially helpful when I was recruiting on campus for GE.

WHY DID YOU SWITCH FROM HISTORY TO ACCOUNTING AND FINANCE?
I figured out in college that I needed a skill that I could monetize. I had the opportunity to work in foreign policy, but I passed as UT offered me a fellowship to study accounting in a great program. I do credit my liberal arts courses with helping me learn how to think and process large amounts of information. My history degree also taught me to write, which has served me well.

WHAT DO YOU REMEMBER MOST ABOUT YOUR TIME AT TEXAS McCOMBS?
In the early 80s, there was much to talk about in accounting from a theory and public policy perspective; I thoroughly enjoyed the courses that emphasized the “why” and how accounting information is used. This served me well in the second half of my career, when I was more of a thought leader in the accounting world. I also remember how Michael Granof’s two government accounting courses gave me a window into a different world.

Learn more about starting your journey in accounting at Texas McCombs MPA by visiting our website.

9 Facts You Didn’t Know About UT Austin

You may already know that Texas McCombs has the top-ranked graduate accounting program in the nation, but did you know these fun facts about The University of Texas at Austin? Keep reading to learn more about the 40 Acres!

Tower Girl

Tower Girl near her nest on top of the UT Tower

1. TOWER GIRL
The University’s campus is home to many native animals, including our very own falcon living on top of the UT Tower. Referred to as Tower Girl, she was discovered by the Biodiversity Center whose group of scientists and students study species and land use in Texas. She normally lays eggs every year that have the potential to hatch in April or May! The eyes of Tower Girl are truly upon you. Read about Tower Girl.

Gutenberg Bible

The Gutengerg Bible – Photo Credit: https://www.history.com/news/7-things-you-may-not-know-about-the-gutenberg-bible

2. THE GUTENBERG BIBLE
The Harry Ransom Center, an archive, library, and museum, holds 1 of the 49 Gutenberg Bibles that exist in the world today. Explore one of the first books created with moveable type.

Domino

Meet Domino, the FAC cat!

3. DOMINO THE FAC CAT
Domino, the campus cat, can be spotted sitting on the grass near the Flawn Academic Center (FAC) in West Mall. Many UT students, including a UT professor, take care of Domino with cat food and lots of petting.
Hear from fellow Longhorns about their love for Domino!

Albino Squirrel

While on campus, keep an eye out for the Albino Squirrel

4. THE LEGEND OF THE ALBINO SQUIRREL
Squirrels are very common creatures around campus, but one particular squirrel is hard to find: The Albino Squirrel. According to campus legend, if you spot this special squirrel on your way to an exam, you will get an A!

Joseph Nicéphore Niépce First Photograph

Joseph Nicéphore Niépce’s First Photograph – Photo Credit: https://www.hrc.utexas.edu/niepce-heliograph/

5. THE FIRST PHOTOGRAPH
The First Photograph by Joseph Nicéphore Niépce is one of the earliest forms of photography taken with a camera. It’s hard to see the image at first glance, but a deeper look shows a residence area in France. The Harry Ransom center purchased the photograph in 1963.

LBJ Library

The LBJ Library is a sight to see! Photo Credit: https://www.goodfreephotos.com/united-states/texas/austin/the-great-at-the-lbj-presidential-library.jpg.php

6. LBJ LIBRARY
UT houses one of the 14 Presidential Libraries called the Lyndon Baines Johnson Library administered by the National Archives and Records Administration. Within its walls, the library holds over 45 million pages and many more artifacts about the LBJ administration. Check it out online!

Littlefield Fountain

The infamous Littlefield Fountain – Photo Credit: https://fineartamerica.com/featured/littlefield-fountain-on-ut-austin-campus-karen-stephenson.html?product=art-print

7. LITTLEFIELD FOUNTAIN
This beautiful fountain located in South Mall was created to honor the memory of students and alumni who lost their lives during World War I. It is now the home to majority of graduation pictures as students jump in with their stoles on and often champagne in hand; yet another UT tradition.
Find out more about its history.

Longhorn Logo

The famous burnt orange Longhorn logo!

8. THE ORIGIN OF BURNT ORANGE AND WHITE
In 1855, two students stopped by a store to purchase ribbons to hand out to the crowd during a game. When they arrived, the store owner only had the colors orange and white most of in stock. It wasn’t for another 73 years, in 1928, that UT declared orange and white as the official school colors.
Read more about this legendary story.

The UT Tower

The UT Tower lights up the night – Photo Credit: https://alcalde.texasexes.org/2013/01/why-is-the-tower-orange-now-you-can-find-out/

9. THE UT TOWER
Originally built as a library and standing at 307 feet tall, the UT Tower is one of the most iconic monuments on campus (and on any U.S. campus!). The Tower lights up orange after every sports win with a number “1” on each side to show UT pride, and it was first lit during the 1937 football season. Learn more about the Tower!

Why Should You Choose Texas McCombs MPA?

Why should you attend the MPA program at UT-Austin? Consider this…

1) Top-Ranked Accounting: The McCombs School of Business graduate and undergraduate accounting programs are ranked #1 with the Public Accounting Report. What contributes to our reputation for excellence?

2) High Quality Campus: The University of Texas at Austin is ranked highly in the nation and the world. Attending a top national university offers distinct advantages, such as access to

3) Great Place to Live: Would you like to live in a city that offers a relatively moderate cost of living and other attractive features? The city of Austin regularly tops many rankings. Austin offers great weather and plenty of outdoor activities in a laid-back, friendly environment and consistently receives high accolades for quality of life, innovation, employment opportunities, cost of living…and the list goes on….

4) Longhorn Spirit: The University of Texas at Austin is filled with history and traditions and plenty of exciting athletic events.

Want to learn more about our program from a student’s perspective? Contact an MPA student ambassador.

Hook ’em!

Meet Stephen Smith, MPA Program Senior Director

You may have seen the name Steve Smith on this blog, or you may have talked to him on the phone or met him in person, but let’s take a closer look at the Senior Director and leader of the MPA Program Office with a quick Q&A.

Stephen Smith, MPA Senior Director

 

TELL US A LITTLE BIT ABOUT YOURSELF, STEVE.
I’ve been happily married to Stuart (a Texas McCombs BBA grad) for 22 years and am a proud dad of two wonderful kids: Mackenzie, who is in her second year at Northwestern University, and Whit, who is graduating from Anderson High this year. I am a native North Carolinian and enjoy hiking and skiing every chance I get. My undergraduate accounting degree is from NC State, and I hold an MS in Accounting from the University of Virginia. I worked in public accounting with Arthur Andersen and PwC, as well as in industry with Dell.

WHY DID YOU DECIDE TO COME TO UT-AUSTIN?
Stuart and I originally moved to Austin 20 years ago when I entered the accounting PhD program. After one year in the program, I realized it wasn’t for me and went to work at Dell. Luckily, eight years later, Ross Jennings asked if I would teach a section of managerial accounting, and Brian MacDonald (the former treasurer at Dell) gave me the go-ahead. Three months later, I left Dell and have been teaching ever since. I took a leadership role in the MPA program three years ago.

WHAT’S YOUR VISION FOR THE MPA PROGRAM?
I have two main goals for the program: increasing student diversity and developing a stronger MPA community. We can achieve success in regards to diversity with a more proactive marketing effort. As for building community with our current students, I’d like to create more opportunities for students to engage outside of the classroom through activities like tailgates, dinners, trivia nights, and escape rooms. In terms of community for alumni, I’d like to have even more MPA alums stay engaged with the program in the role of mentors to current students and as a resource to help prospective students understand the benefits of an MPA degree.

WHAT MAKES THE MPA PROGRAM DIFFERENT FROM OTHER PROGRAMS?
There are four things that distinguish our program. It starts with our students. We are fortunate that such a densely talented group of students come to Texas McCombs and the MPA program. Second, we have a faculty that is dedicated to both research and teaching; they create a rigorous, relevant, and stimulating academic environment. Third, the MPA Program Office carefully works with each student to develop a degree plan and offers significant amounts of career counseling. Last but not least, we have great relationships with an engaging and diverse group of employers. This enables our MPA students to learn about the many employment options available to MPAs as they launch their careers.

WHAT CLASSES ARE YOU CURRENTLY TEACHING?
I teach ACC 311 (Fundamentals of Financial Accounting) and ACC 312 (Fundamentals of Managerial Accounting). I enjoy being many students’ first professor for a business course and work hard to spark an interest in accounting.

WHAT IS SOMETHING THAT NOT MANY PEOPLE KNOW ABOUT YOU?
I played racquetball competitively in high school and early on in college. I won two state junior championships and competed at a national level. Some of my longest and deepest friendships began through racquetball. I tried something new this semester and played doubles intramurals with current MPA student Andrew Bramlett. I don’t move quite as quickly as I once did, but we had a blast! Since Andrew is graduating this year, I’ll be looking for a new partner next year.

Welcome Traditional MPA Class of 2020!

It’s official! The Master in Professional Accounting program has our traditional MPA Class of 2020!

We have students joining us from four different countries (China, Republic of Korea, Taiwan, and the United States), as well as from 15 different states.

From biology and Spanish to mathematics and accounting, the MPA Class of 2020 has a wide range of skills and undergraduate majors. Some have earned MBAs and some have Master of Science degrees, but all of these admitted students will come together to study at the top-ranked graduate accounting program in the nation.

Let’s take a closer look at our Class of 2020 with our incoming students’ profile:

We are looking forward to seeing all of our students together for the first time at the tMPA Fall Orientation starting August 20! Some students will have the chance to meet each other beforehand in summer classes and career workshops.

Welcome to Texas McCombs, Class of 2020! Hook ’em!

Fall 2020 MPA Applicants: Prepare Early!

Applying to the Texas McCombs MPA for fall 2020? Start preparing now!

  • Review our admissions website thoroughly. If there are any updates to the application process, we will be publish them on this website before the application opens in August 2019.
  • Enroll in courses this summer or fall if you have not completed our pre-enrollment requirements.
  • Take the GMAT or GRE (all applicants) and TOEFL or IELTS (international applicants) early so that we receive your test scores by the application deadline.
  • Check this admissions blog regularly. We will begin posting tips on applying, updates on the admissions process, and highlights of our program after the application opens…You don’t want to miss it!
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