Category Archives: Feature

Big news from the MPA

MPA: My Personal Anecdote

Why MPA?

Growing up, my “dream job” changed weekly. Like most kids, I fluctuated between  the typical dream professions (as well as some atypical ones): princess, astronaut, lawyer, doctor, marine biologist, plumber, etc. The bottom line of all my decisions was that I wanted to make a difference in someone’s life.

Funnily enough, the one thing I did not want to be was an accountant. I come from a family of government accountants, and I remember seeing the look on people’s faces when I told them what my family did for a living and who they worked for. It was not a look that indicated they thought my family was making a positive difference in the world.

It wasn’t until I attended the Accounting Career Awareness Program (ACAP- now called DYNAMC) here at McCombs, that I began to rethink my views. It was at this camp that I realized accounting was a field that actually interested me. What especially intrigued me was a small tax seminar on filing 1040’s led by Professor Kristina Zvinakis. It was at this camp that I realized that accounting, specifically tax, was exactly the career I was looking for as it satisfied all of the qualities I wanted out of a career:

    • To have work that I find truly challenging and rewarding
    •  To be held to a higher ethical standards than most professionals are
    •  To help people by saving them money that they can use to improve their own lives or others’ lives
    •  To save people time so they can use it to do things they truly love
This here explains my reason for deciding Texas MPA: the people are awesome!

Why Texas MPA?

It was at ACAP that I was first introduced to the integrated MPA program. It seemed too good to be true: a bachelor’s and master’s degree in accounting in five years!

To be completely honest (and my family and high-school friends can attest to this), I never saw myself attending UT until I attended ACAP. My family is from Washington, and I was always planning on out-of-state in order to escape the heat of Texas.

But when it came time to sit down and think about where I wanted to go to school, all roads lead to Austin. Where else could I get a top-rate education in the number one accounting program at in-state tuition rates? Nowhere, that’s where.

Texas MPA was a logical choice for me. I feel it’s the logical choice for everyone when deciding on where to pursue an accounting or business education. McCombs provides so much for its students: incredible faculty, knowledgeable academic advisors, and wonderful career advisors and services. On top of McCombs’ resources, every student has the resources of the entire university and city of Austin at their disposal.

In conclusion –it’s a splendid time to be a Texas MPA!

Surviving my first week of career events

Recruiting is all about finding your perfect fit among the firms.

It is the point in the semester where all of the firms hold “Career Nights” for the third-year MPAs. Essentially, it is a less formal information session paired with a networking reception. To mirror my blog about mock interviews, I will tell you a few things I learned this week.

1. You really will start to discover the firm where you will fit best. Originally, I approached that notion with skepticism, thinking there was going to be a consistency between the firms. This couldn’t be farther from the truth. By no means are there “good” vs. “bad” firms, but moreso you will start to see where your personality fits in.

2. Know what makes you fun/unique. Of course it is important to know what year you are, what track you are pursuing, where you want to intern, etc. But how long do you think you can talk about that in a networking setting? Not very long. It is great when you talk about where you studied abroad, your favorite hobby, or your favorite food in Austin. And when you connect with someone who also lived in Paris, or also loves P. Terry’s, it makes the conversation more memorable and personal.

3. Get business cards and send thank you emails. But, do this because you WANT to, not because you think it something you have to do. The professionals can tell if your email is genuine or if it is forced. Make it personal. Do not have a shell email with which you “fill-in-the-blank” for firm and professional’s name.

These are just a few tips- but hopefully you get an idea for what Career Nights are really about, and I hope that my advice helps you in the future.

Accounting Practicum: The Class that Gives Back

My co-bloggers Ally and Xinmiao have talked about how as MPAs, we do get various opportunities to give back to the community and work with/for not-for-profits. This semester, I am taking a course, which allows me to do just those. Yes, UT has an accounting class that is solely committed to using our accounting knowledge to serve others.

ACC 384 or ACC 366P is the Accounting Practicum class that can be taken by undergraduate and graduate students at McCombs. The class has been offered at UT for six years and has allowed students to become volunteer tax preparers at low-income neighborhoods.

UT partners with Community Tax Centers, a local not-for-profit organization under Foundation Communities. It has partnered with the IRS to implement the Volunteer Income Tax Assistance (VITA) program for low income filers. Students taking the class are required to complete at least 55 hours of volunteer service as tax preparers at various Community Tax Centers from January until mid-April. Shifts can be as long as six hours per day.

This past weekend, we took the basic training to become preparers. We learned to navigate the tax preparation software that is being used for the program. We also worked on various cases and scenarios that we might encounter as volunteers and how we can effectively use the IRS guidebooks in helping clients with various tax issues and preparing their returns. Next Friday, we will have our intermediate training to become equipped in handling more complicated tax issues and preparation. The class requires that we take the certification tests after each training to assure that we have sufficient knowledge to do our volunteer work well. Continue reading Accounting Practicum: The Class that Gives Back

SOPA: what it means to this MPA blogger

Google's response to SOPA

If you’ve visited Wikipedia, Google, or various other websites yesterday, you probably noticed their blackout/anti-SOPA messages and warnings. Before I go any further, let me just say that this blog entry is an attempt to explain SOPA in the most colloquial way that I can. I realize that there may be some missing pieces in my explanation.

SOPA stands for the Stop Online Piracy Act, which, on the surface seems to be a worthy cause. In theory, this act attacks something that is actually a real problem, internet piracy. The word piracy has a negative connotation and thusly initial public response would be that it is harmful. Haven’t we always been taught that plagiarism is wrong? Sure, the surface goal of SOPA is to stop foreign sites from providing users with pirated material and that is something the general population should at least try to support. And why companies such as Time Warner ARE supporting the bill. But, the repercussions of the bill would be far worse than just having to wait an extra week for the episode of your favorite show to be up on Hulu.

SOPA would have the biggest effect on any sites that use user-generated content. This may be why Wikipedia is so enthralled in the anti-SOPA movement. Other sites include Tumblr, Twitter and YouTube. Of course, this bill will not criminalize posting YouTube videos, per say, but it will hold YouTube to a new level of accountability and make it far more difficult to share and watch videos online. SOPA gives the Attorney General the ability to act against infringing websites without a trial or a court hearing and with that comes the ability to take advantage of this power. This would potentially cause more harm than the good that comes from intellectual property protection. Of course, SOPA would not go to the depths of some internet censorship such as that in China, however in practicality, it will have similar repercussions.

There have been attempts to stop piracy in the past- for example there are bills that have already passed that do exactly what SOPA is claiming to do and so, some believe that SOPA is unnecessary.

Of course, I am not supporting plagiarism or internet piracy. I go to a University with very high ethics and I plan to always stand by the honor code. However, I believe SOPA would do more harm than good and I hope that everyone takes a minute or two to get educated about the bill.

If this at all resonates with you, then please, do some research and find out how you can make a difference. Google has a few things to say about the bill and check out this full page ad that ran in the NYTimes a few months ago.

Please keep in mind that these are my own personal views, and may or may not reflect the opinion of McCombs or the University.

“Okay, employers don’t REALLY look at my Facebook, right?”

WRONG!

YOU control your online persona

For me, Facebook has always been a positive thing- barring it’s impeccable ability to distract during finals week. Facebook is an efficient way to keep up with old friends and family, and to stay in touch with friends around the world. It is often entertaining, and merely a way for everyone to share their life with each other. However, Facebook is not all fun and games.

Facebook holds us all to a new level of accountability. There are countless stories of employees who have misled their employers. And now, in a world governed by social media, employees’ indiscretions are being discovered via Facebook. Take, for example, the story of Kevin Colvin, a NYC bank employee who asked off for a family emergency that just so coincidently landed on Halloween weekend. When pictures surfaced of Colvin in costume celebrating the holiday, he was promptly discovered. Many other employees have chosen Facebook as their channel of communication with which to rant about their employer, and thus are discovered as well.

While recruiting –and even when you secure a job– it is important to remember that your Facebook is NOT completely separate from your work life. Any online representation of you is free to the public. Anything that you post online should match the reputation that you are trying to withhold.

What it all boils down to, is that if you question whether or not something should be posted online, the answer is probably that it shouldn’t.  Be smart about what you post because you aren’t just sharing it with your friends, you are sharing it with the internet- aka anyone who inquires.

Sidenote: If you read through this and thought, “Oh, this is ridiculous. Obviously this girl doesn’t understand that Facebook has privacy settings.” Although a valid point, Facebook updates often reset your settings back to “default” (not private!) and anyway, it is better to be safe than sorry.