MPA Admissions Blog

Insider Information for Prospective Texas McCombs Students

Tag: why choose accounting

Meet Current MPA Student Sophia Matar

Sophia Matar
Full Speed Ahead for This MPA Student 

Sophia Matar, MPA candidate ’24, credits McCombs’ career coaches and corporate partners with starting her off well

Sophia Matar is no stranger to the fast track. She started her undergraduate education at The University of Texas at Austin with enough dual credit and Advanced Placement coursework to graduate in just three years — majoring in economics with a minor in accounting. So, the opportunity to get a head start on graduate coursework through Texas McCombs’ Master in Professional Accounting (MPA) Bridge program was, she says, “just too good to pass up.”

She’s currently set to graduate at the end of the Spring 2024 semester, with an audit position awaiting her as she steps off the stage. She talks about accounting as both stable and dynamic, how the MPA Bridge program matched her ambitions, and how real-world exposure at McCombs gave her the confidence to land her first job.

Q: After studying both economics and accounting, what finally drew you toward a master’s in accounting?

A: I found economics coursework to be a lot more theoretical, while accounting is more structured and practical. So, the stability drew me in. But it’s also an exciting field because there are so many avenues to pursue, so many different types of jobs, and plenty of potential to work directly with clients. Some people who study accounting end up as investment bankers or as CFOs — it’s not sitting at a desk and booking journal entries.

Q: What benefits did you see in enrolling in the MPA Bridge program?

A: My plan was to graduate in three years, and I saw the Bridge program as a way to start my graduate studies in my third year of college and then finish my master’s in my fourth year. Finishing two degrees in four years was just too good to pass up. It definitely helped to save money, too.

Q: What aspects of the one-year MPA program have you enjoyed and have been helpful for you?

A: I’ve gotten so much help with professional development. McCombs’ career coaches have met with me multiple times, helping me with interview prep and to rework my résumé. Because of all their help, I now feel extremely confident in my networking skills.

It’s also been really helpful to hear from so many guest speakers in classes — people who are out working in the field right now. Hearing their experiences has helped me to understand that not everybody is on the same path, but that accountants come from many different backgrounds and succeed in a wide range of really interesting roles. Right now, for example, I’m in an internal audit class and we’re paired with a company to do internal audit work for them. It’s so great to get that experience while I’m in school.

Q: What’s your plan for after graduation?

A: Initially, I figured I would do general consulting after graduation. But during my MPA experience, I’ve been exposed to so many different ways in which to be an accountant, and I realized that I really like the internal side of audit versus the external side. I ended up taking a tech risk consulting position with EY, where I’ll be doing internal control work and risk assessment.

Q: What about advice for potential accounting program applicants?

A: The program is well worth it — and not just because of the coursework, even though that has been instrumental for me. It’s valuable because you have access to real-world experiences and one-on-one development opportunities. McCombs’ MPA program is one of the most well-known and prepares you very well for whatever accounting path you choose.

Meet Current Student Josh Tarplin

Josh Tarplin

From the Chem Lab to the Photo Studio to PwC
Josh Tarplin, MPA candidate ’24, on finding his passion for auditing

Accounting wasn’t on Josh Tarplin’s radar as a career until he started running his own business, a photography studio he ultimately ran in the U.K. Before that, he was on track to becoming a chemical engineer — as a teen he worked on research at the National Institutes of Health (NIH). Tarplin talks about his circuitous path to accounting, why it’s now his ideal career, and what he’s learned during his time in the traditional Master in Professional Accounting (MPA) program.

Q: You started in science, then started your own creative business. How did that come about?

A: I took a lot of science classes in high school, worked at the NIH doing research, and came to Yale as a chemical engineering major. But in college, I also took a photography class, and I really fell in love with it. So, I double majored in fine art focused on photography and the history of art, with a focus on visual theory. My plan was to work as a fine artist, like a hermit in the studio — that was the dream. I started in fashion photography, a mix of the commercial and the creative, and I opened my own studio in Los Angeles, working with Instagram brands and then companies.

Q: When did it first occur to you that accounting was an important subject to study?

A: With my photography business, I started working in London more than in L.A., and that’s where I first discovered accounting. I’d never known an accountant besides the nice woman who prepared my taxes. In running my studio, I didn’t have financial records. I didn’t know how to account for my expenses. So, I started giving myself an online education in accounting, and I really fell in love with it. It’s so different from art, but it supports any other endeavor you’re trying to pursue. Accounting is a really good framework, and whatever you’re doing — from operating Apple to designing and printing your own T-shirts — you have to have this knowledge to be able to function on your own in a commercial world, and also to protect yourself.

Q: What has your experience in the MPA program been like?

A: I’m loving it. It’s a discipline that’s internally consistent, which is very rare. But at the same time, there’s so much creativity and room for exploration. The classes I’ve found the most interesting have involved discussions of the issues between regulators and companies. The Accounting faculty are really interested in teaching what’s going on in the actual standards or in the actual internal revenue code. It’s introducing an idea from a textbook and then giving the inside scoop as to how it functions. I’m so happy that I found something that I love as much as I love making art.

Q: Are you still doing photography?

A: I’d much rather give someone a photograph they love than have it hang in a gallery and then get sold to someone I’ve never met. I see art as a weekend activity now. I’m excited to be fully in the world of accounting.

Q: What’s your plan for after you graduate?

A: I’ll be working at PwC in Houston. I really love auditing — I love seeing the forest through the trees of the numbers. I think that comes from my art history visual theory background. Numbers on a page symbolize this whole world of a company.

I’m interested in being exposed to different companies and the investigatory aspect, to investigate and find (or not find) fraud. It’s the idea that auditors are the guardians of the capital markets.

Q: What would you say to students thinking about studying accounting at McCombs?

A: It’s the best program in the country, the world really. It’s not just the ranking that drew me, but it’s who’s teaching here: the best talent for both teaching and research. The program offers a holistic experience in learning accounting that you can take in so many different directions. You can explore anything. The program is a one-year ticket to know how to do anything you want to do in the world that involves people trusting you with money — which is really everything.

 

Is Accounting the Right Fit for You?

If you enjoy working with numbers and analyzing data but also love solving problems and communicating outcomes, accounting may be the perfect fit for you. Accountants determine the financial position of a company so that it can make forecasts about the future and manage risk. They prepare budgets and forecasts, analyze expenditure and revenue and identify where a company can save money or afford to spend more money. Sitting behind a desk all day crunching numbers is a common misconception! In reality, accountants have a variety of roles and responsibilities such as presenting financial information to management, providing financial advice to clients, or investigating fraud.

VARIETY OF JOB OPPORTUNITIES
Accountants are needed in every organization and every industry, from large corporations to small start-up companies and nonprofits, high-tech companies, the energy industry, sports organizations, the entertainment industry – you name it!  Accounting skills are beneficial in a variety of fields such as public accounting, investment banking and financial consulting.

STABILITY AND GROWTH
Accountants are in high demand despite fluctuations in the economy. According to the Bureau of Labor Statistics, globalization, a growing economy, and a complex tax and regulatory environment are expected to continue driving a strong demand for accountants. The field provides job security and skills that translate across industries and geographic regions.

TRANSFERABLE SKILLS
Successful accountants require a variety of skills and knowledge such as:

  • Budgeting, forecasting, financial statement preparation
  • Ability to analyze data
  • Proficiency in accounting software
  • Communication skills
  • Leadership ability
  • Organization skills
  • Ability to think critically and problem-solve

These skills, along with many others, are gained while earning an accounting degree and continue to develop as you move up in the workplace.

UPCOMING INFO SESSIONS
Want to learn more about the Master in Professional Accounting degree program at Texas McCombs? Join us for an upcoming virtual info session!

REGISTER NOW

Meet Current MPA Student Tabetha Wilhelm!

Tabetha Wilhelm grew up around accounting, so when it came time to earn her master’s degree, she had one program in mind: Texas McCombs MPA. Read on to learn more about Tabetha and life in the Master in Professional Accounting program.

 

WHERE ARE YOU FROM?
I’m from San Antonio, Texas!

WHAT SPARKED YOUR INTEREST IN ACCOUNTING?
I come from a family of accountants and small business owners, so accounting has been part of my life whether I knew it or not. My dad earned his accounting degree in Germany in the ’60s before he immigrated to Texas.

WHY DID YOU CHOOSE TO ATTEND THE TEXAS McCOMBS MPA PROGRAM?
The Texas McCombs MPA Program has been my dream program since I started college. I could have worked on a master of accountancy at several different schools in San Antonio, but I knew that coming to Austin was the right choice because I knew I would have top tier professors. Plus, the design of the program provides the opportunity to take courses in the areas of accounting that I am interested in studying and I’m not regulated to a set pre-determined set of classes. I do have required coursework, but the ability to take and the access to elective business and accounting classes stands out compared to the other programs where I was admitted.

Tabetha Wilhem Graduation

WHAT HAS YOUR FAVORITE CLASS BEEN SO FAR AND WHY?
Corporate Tax (aka Taxation of Entities-I). Professor Johnston-Blair is wonderful and makes class so much fun. I don’t think I’ve laughed so much in an accounting class in my life!

WHAT ARE YOUR POST-GRADUATE PLANS?
Over Spring Break, I accepted an offer to join the EY tax team in their San Antonio office, and I am scheduled to start in July 2022!

WHAT’S YOUR FAVORITE PLACE ON CAMPUS?
I have many favorites when it comes to UT’s campus. I love Littlefield Home because I’m a sucker for Victorian architecture, and I also loved having class in Rowling Hall (the McCombs School of Business graduate building). The benches outside the Harry Ransom Center are also a nice quiet place to have lunch outside (and hey, we have a Gutenberg Bible in the HRC!). The turtle pond behind the tower is also a great place to visit.

ANY TIPS FOR THOSE LOOKING INTO THE PROGRAM?
There’s a reason why the MPA program is so highly rated; our professors are amazing and on top of being great educators, they also have the professional experience to back up their knowledge. The career services and networking available to MPA students has already been incredibly useful.

Learn more about the MPA program by attending an event or meeting with the admissions team. The application for fall 2023 admission opens this August!

REGISTER: MPA Current Student and Alumni Panel

Join us at the Master in Professional Accounting (MPA) Current Student and Alumni Panel to meet four people who have experienced the MPA program first-hand. You’ll hear about their time in the program, why they chose to study accounting, and their career path since graduating from the program. Plus, you’ll get the chance to ask the students and alumni questions.

Register here! We’ll see you Thursday, February 24 from 5:00 – 6:00 p.m. CT.

Meet the Panelists:

Courtney Crosby, MPA ‘14  –  University of Houston Law Student
After graduating from the MPA program in 2014, Courtney worked at Southwestern Energy as a Joint Venture Accountant. She then transitioned into law and interned at a District Attorney’s office before going back to school to earn her law degree from the University of Houston.

Arjun Naganathan, MPA ‘22 –  Current Student
Arjun is originally from Southern California and is currently finishing up his MPA degree while double majoring in film. After graduation, he will join McKinsey & Company as a Business Analyst. His career aspirations include working in sports and pursuing entrepreneurial ventures.

Anthony Saenz, MPA ‘22 – Current Student
Anthony graduated from Texas A&M University in 2015 with an Industrial Distribution degree. After working for a few different energy and engineering companies, he decided to go back to school to earn his graduate degree in accounting to better understand how an organization operates. Anthony is currently studying tax and will graduate this summer.

Sarah Stiff, MPA ‘17 –  ESG & Sustainability Senior Consultant, Deloitte
Sarah started her career at Deloitte as an auditor in their Houston office. After three years of working with real estate clients in financial statement audit, Sarah joined Deloitte’s Sustainability & ESG services team. She currently helps clients with their disclosure outlook and strategy, enhancement of ESG data processes and controls, as well as complete and accurate reporting in accordance with industry-recognized ESG frameworks and standards.

Register Today!

Why Choose Accounting for Your Master’s Degree

There’s a common misconception about accounting being for those who simply love to crunch numbers and sit behind a desk all day. In reality, accountants hold vast skillsets that help make financial decisions and affect the bottom line. Let’s take a closer look at why accounting is the language of business and how it might be the perfect fit for you.

Variety of job opportunities.
Accounting is the backbone of a company and opens doors in almost every industry. Keeping the books for a company, understanding its financial stance, and predicting future financial positions are all responsibilities that fall on the accountant. Without it, a company simply cannot successfully move forward. Here’s a list of just a few of the career paths that accountants can pursue:

  • Consulting and Advisory
  • Financial Services and Investment Banking
  • Government and Nonprofit
  • Private Industry
  • Public Accounting

As you can see, any industry that requires financial tracking needs an accountant, and their high demand offers many opportunities for growth.

Developing transferable skills.
An accounting degree offers the development of many versatile skills, including:

  • Budgeting
  • Communication
  • Detail-orientation
  • Leadership
  • Organization
  • Problem-solving
  • Quantitative Reasoning

These skills, along with many others, are gained while earning your master’s degree in accounting and continue to develop and sharpen as you move up in the workplace. The range of skills presented shows an accountant’s ability to apply them to different fields, industries, and parts of life.

Stability and growth.
Accounting, being in high demand for any business, provides a stable rate of employment despite fluctuations in the economy. This field also continues to grow through the years. Taking a look at data from The Bureau of Labor Statistics, employment in the accounting field will continue to grow 10% from 2016 to 2026. This rate is higher than the national average for all occupations! Accounting is a field in which unemployment is not as high a concern given the nature of the job and is another reason why it is such an appealing career choice.

Right fit for you?
If you enjoy working with numbers and organizing data but also solving problems and communicating outcomes, accounting may be the perfect fit for you. To sum it up, accountants determine the financial stance of a company so that it can make forecasts about the future and understand the possibilities of each decision. They also record financial statements of the company and are aware of every transaction that takes place.

Watch this video created by the Texas McCombs Master in Professional Accounting program to learn more about accounting and if it’s the choice for you!

Accounting is more than just looking at numbers all day; it’s about building relationships with people and understanding how to improve on previous decisions for better future outcomes. If you think accounting is for you, learn more about the top-ranked accounting program at UT Austin and visit the MPA website.

The application deadline to start your graduate accounting degree this fall is June 1, 2020! Start your application today!

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