Potential Deal Breakers…

And they are………….

1) Average: I MISS being a curve breaker! Thanks to the rest of my brilliant class, this feat has been rendered almost impossible. Go MPA 2011. Thanks to you, my self esteem (which was doing pretty well when I first got here) needs some TLC.

2) Databases: Tax research databases….please STOP logging out on me. I hate it when you do that every 10 minutes I am idle. I am reading you–how is that idle?? Do you mean idle in a physical sense??!

3) Parking: I have a conspiracy theory when it comes to you. Why else would it take longer when I am running late?

4) Escalator Maintenence: This one is tricky. Should I be grateful about the exercise you force me into, or just hate your guts? Either way, I have decided this: If I don’t end up liking my career in tax as much as I had hoped, I am providing a competitive bid for a McCombs escalator maintainence gig. What? I believe in a plan B, people!

5) Tuiton: Yeah, I know. Tuition is just part of the package.

Ahh getting this out of my system felt good :)

Spring in Austin

Bat statue in AustinI have to say, I am loving the beautiful weather nowadays. Austin takes on a different life during the spring – the foliage turns unbelievable green, and the gorgeous weather makes hanging out at a lake the most languid experience, ever. Yesterday, my husband and I decided to try canoeing – which is just $10 dollars for an hour at Lady Bird Lake. So we went with our one year old son, donned lifejackets and got into the canoe. Considering that we hadn’t done anything adventurous since our son was born, we were pretty excited. But our son made it clear he was not. So we gave up 10 minutes into it, and went home, feeling pretty lame.

Today was a completely different experience. We thought we would go to Zilker Park, to enjoy Barton Springs. The temperature was 90 degrees, and the water was beautiful, not to mention cheap, at $3 per adult. And our son loved it! He was splashing around in the water, and laughing at all the dogs. It was so much fun!

Speaking of dogs, Austin is super dog friendly–much more any other place, as far as I know. So much so that my son’s second word learned was “Bow-Wow”! You see proud owners taking their dogs for walks all the time.

Another fun thing we do is go on the Barton Creek Greenbelt Trail. It is good exercise, and you can jump into water bodies bodies found along the way. The landscape is untouched, except for the trail, so you get to experience nature as well. Really great for mountain biking enthusiasts, too.

Gosh, I just realized I have four more months in Austin. I am really going to miss the restaurants, terrain and lakes :(.

One thing  I am not going to miss is the bats….because bats just freak me out, and Austin has a significant bat population. I don’t mean you would run into them every day or anything….far from it. …..click here to read more

If I could do it again…

It is now the middle of April and final exams are in sight. In a mere 30 days I will be one summer session away from finishing my degree.  With the end now clearly on the horizon, I am well placed to properly weigh all of the decisions I made this year and identify where I went wrong and what I would do again. Some developments were unforseen. Some things I should have taken more seriously.  My list is below.

1)  Course load: I went out of my way to torture myself this year by maxing out with 15 credits (five classes) in both the fall and spring semesters. Sure, I was not the only person to do this, and I certainly have heard horror stories about classmates who have loaded up with even more, but, the point is, I could have easily gotten through the program taking only four classes in the fall and spring and then doubling up on my classes this summer. It simply wasn’t necessary for me to take so many classes at one time.

My advice for the incoming class: If you don’t absolutely have to do it, don’t take more than 12 credits in the fall and spring. Your GPA will thank you for it.

2) Plan your schedule well: I was pretty laissez-faire in terms of how I went about scheduling my classes.  My philosophy was: “I have to take everything anyway, who cares what order I take my classes in?” Wrong. If you plan on recruiting in the fall, it is important to fill your fall semester with lighter classes. (If you think you will not recruit in the fall, trust me, you will.  You just don’t know it yet.)  Make sure you sit down with MPA Academic Advisors Kathy Saqer and Jason Tasset and get your fall semester planned correctly. Otherwise, be prepared to perform at 8 a.m. interviews on only two hours of sleep.

3) Location: It is absolutely impossible for me to study at home.  Impossible. It is just too easy to distract myself in the kitchen or with the computer…I really need the library to function. It follows that I would have been better off living even closer to UT and its 13 libraries.  I say “even closer” because I live pretty close to campus now, just 2 1/2 miles away. But, I live just far enough away that I cannot drop by the library after dinner. Despite the cost, it would have been worth it for me to live within a mile of campus.

My advice for the incoming class: If you have trouble focusing at home, live as close to school as your budget will allow.  It will make a big difference in your productivity.

4) Preparation: My finance class was a real trial.  If I knew in advance that I would have so much trouble with it, I certainly would have prepared for it–perhaps taken some kind of online review–before classes began.

My advice for the incoming class: If you have to take a beginning finance class here, it is in your best interest to get a handle on the basics before you arrive at UT–IRR, discounted cash flows, WACC–know it before you arrive.

Internship Series: IV. The Decision

—and no, I’m not taking my talents to South Beach. Most people that know me know that I pursue my goals with a very fiery passion, so I think it came to a lot of folks’ surprise that, after I had received a full-time employment offer, I deliberated for a couple of weeks before making up my mind instead of just diving head-first into the deep end of the pool. This final installment of my Internship Series is placed here to calm present MPAs, future MPAs, and really anyone who is confronted with the decision of having to pick one opportunity after another. It is not uncommon or unusual to lay all your options on the table before making a decision, even if it is one you were somewhat sure you were going to make anyway.

As my usual tradition, I’m going to start with some tidbits:

Kemba & Charl

It seems like eons since the last installment of this series. Since I’ve been gone, Kemba Walker & Co. took UConn to its third National Championship over Butler. (It broke my heart to see Butler go down in a nasty shooting performance like that, but if you examine the record—as in my last blog—you’ll see that my money would have been on UConn anyways.) Days later, Charl Schwartzel won the Masters after Pandemonium reigned the last day, seeing a free-for-all on the Leaderboard. Congratulations to Connecticut and Mr. Schwartzel.

Tweet This!

In an article in Fortune Magazine, it seems that Google, Facebook, and Microsoft had offered to buy Twitter last fall. Microsoft changed its mind, Facebook offered $2B, and Google offered $10B. It is interesting to consider the implications of this now from a business perspective, as the article reports stalled growth in the company—which is probably due to the decline in members who are actually active. With a leveling off and no more buyout offers on the table, it will be interesting to see what the social media behemoth’s next move will be.

Keeping it short today, here were my feelings before accepting a full-time offer:

The Decision

My policy on my blog has always been to be as candid as I could when it came to my opinions on issues, so here it goes. The reality is that I am still only a 22-year-old guy; I run with a lot of raw emotion and see everything in a very novel light. When I received my offer, I was emotionally ecstatic; I am sure my smile revealed my coffee-stained teeth from a mile away. I had just received a full-time offer from a major world player in the public accounting industry, so this was very much a dream come true.

Cognitive Dissonance

A couple days later, I began to think that maybe this was not the best option for me. Why? I mean this was the dream job, right? Suddenly, I started seeing my career in the Advisory or Consulting side of things. Then I saw Paul, the beastly investment banker. And then I saw Paul, private equity extraordinaire. I saw Paul—ahem, Senator Nabhan. I saw Paul, Oscar winner for best musical score. I could go on and on. What my best move, now, seemed very uncertain. Would accepting a role as an auditor actually limit my potential? Oh my… …..click here to read more

Howdy Partner: A tale of who done it?…MPA style

As I’ve mentioned in my previous blog posts, there are many students here in the MPA program from across the country and the world. To make those long absences from home more bearable, each MPA clique kind of becomes a home away from home. Even though I’m only from Arlington, TX (three hours North of Austin), I have grown extremely close to three fellow MPA-ers in particular.

So when I started planning what I wanted to do for my birthday three months in advanced (I love birthdays!), I immediately when to my BFFs here and said unapologetically, “I want a murder mystery surprise party for my birthday.” My thinking was that a murder mystery would be a fun twist on the usual birthday celebrations we’d been having. I just wanted to do something different. And I’ve always wanted a surprise party.

My friend, Theodore, replied, “How are we supposed to make it a surprise if you know it’s coming?”

“That’s the challenge isn’t it, “ I said. “You have to be creative.”

Well as my birthday was approaching, I starting getting nervous that perhaps I was demanding too much from my friends. Who pretty much demands a surprise party from their friends? It started to sound more and more ridiculous in my head. And as I was going through my calendar and my friends’ calendars it seemed that finding the block of time to have the party, it seemed like the window of time to have a surprise party just kept getting narrower and narrower. …..click here to read more