Master in Professional Accounting Admissions Blog

Insider Information for Prospective Texas McCombs MPA Students

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Student Viewpoint: A Peek Into MPA Orientation

Orientation for the MPA Class of 2024 provided a first look into the MPA program and everything you need to succeed at your fingertips. These four days were fast-paced and full of information!

Day 1

As we finished up breakfast on the first day, exchanging names and hometowns with our new peers, Kristina Zvinakis, the MPA Program Director, welcomed us to the program. Throughout the morning, we heard presentations on health, study abroad, and an overview of Austin and campus. As a new UT student, my bucket list of restaurants and activities was practically full after the first day. I’ve knocked out about five or so recommendations in the first two weeks of classes.

After these presentations, a faculty panel gave us a taste of expectations and grading policies across different classes; this helped immensely when reviewing syllabi for the start of the semester. Finally, the Accounting Department Chair wrapped up the first day. Can you believe all of this happened in about 5 hours? Talk about jumping right in!

Days 2 and 4

The next day of orientation focused on our degree and futures as Texas McCombs grads. We reviewed the MPA degree and how to customize our perfect fit. A panel of alumni discussed various career paths, and the MPA career team gave networking advice we could immediately put to use. And we absolutely did – the day ended with employer networking in a relaxed and approachable setting. The career team also lined up a speed networking event on that Friday to further connections and expose us to employers across multiple facets: industry and consulting, public and private, local and national, specialized and general, etc.

Day 3

Orientation finished with a day of connecting with our peers via small-group tours of the Blanton Museum of Art located right on campus. We took closer looks at some works of art, heard the history behind sculptures, and played get-to-know-you games with our group. It was a perfect summer day and a lovely creative break before the semester began.

               

What else can I say? This program is well worth the summertime walk to campus (even in business professional!).

Hook ‘em!

Cami, MPA Class of 2024

Jeff Johanns Appointed Chair of Texas Society of CPAs Professional Standards Committee

Jeff Johanns, an accomplished associate professor of instruction in accounting at The McCombs School of Business, has been appointed as the chair of the Professional Standards Committee by the Texas Society of Certified Public Accountants (TXCPA). This prestigious role underscores Johanns’ extensive experience, knowledge, and impact in the accounting field.

The TXCPA, a vital association for finance professionals in the state, has chosen Johanns due to his three decades in the accounting profession and his significant contributions. Having been a member since 1987 and serving on the Professional Standards Committee since 2013, Johanns has actively participated in shaping professional standards and regulations that shape accountancy practices in Texas.

Johanns’ history of influential commentaries on standard-setting issues and a background as a leader at PricewaterhouseCoopers LLP offer a unique blend of academic insight and real-world experience. Beyond academia, Johanns’ expertise has captured the attention of national media outlets, including The Wall Street Journal and the Financial Times. This recognition highlights his relevance and expertise in the ever-evolving accounting landscape.

Taking the reins of the Professional Standards Committee, Johanns faces contemporary challenges such as environmental, social, and governance reporting, as well as the complexities posed by crypto assets. His wealth of experience and forward-thinking perspective position him well to navigate these complex issues.

Johanns’ appointment not only recognizes his individual achievements but also reflects the excellence of the McCombs School of Business. The school’s commitment to impactful leadership and the advancement of the accounting profession is evident in Johanns’ appointment to this vital role.

Learn more about the Master in Professional Accounting program at McCombs here.

REGISTER: MPA Information Session on August 9!

Are you interested in earning your master’s degree in accounting? Join us at the Texas McCombs Master in Professional Accounting (MPA) virtual info session on August 9 at 5:00 p.m. CT!

At the MPA info session, you will meet Jasmin Blas-Mendieta, the Senior Admissions and Recruiting Officer for the MPA program. She will detail the curriculum you will learn in the program, career outcomes and opportunities, how to apply, and answer any questions you have.

Register for the info session and learn how you can earn your master’s degree in accounting from The University of Texas at Austin!

Register Today!

Master in Professional Accounting Info Session
Wednesday, August 9, 2023
5:00 – 6:00 p.m. CT
Virtual – Zoom

REGISTER: Meet Current MPA Students on July 26!

Are you considering a career in accounting and looking to learn more about the Master in Professional Accounting program at Texas McCombs? Join us at our upcoming webinar on July 26, 2023 where current MPA students will discuss why they chose to study accounting, as well as detail their experiences in the program, including their favorites classes, recruiting and networking opportunities, and life at McCombs. Plus, you’ll have the chance to ask the panelists questions!

Register Now!

Event Details:
Wednesday, July 26
5:00 – 6:00 p.m. CT
Virtual – Zoom

Meet the Panelists!

 Joseph Hsu | MPA ’23
Current Student

Joseph is a current student in the traditional Master in Professional Accounting (tMPA) program. Hailing from Taiwan, Joseph completed his undergraduate studies at National Tsing Hua University, where he pursued a dual major in Economics and Industrial Engineering. His career interests are Audit/Assurance Services. Joseph enjoys working with his peers and learning from Texas McComb’s world-class faculty. He believes that accounting is the decision-making tool for all organizations.

 

Allie Rossmiller | MPA ’24
Current Student

Allie is an incoming graduate student on the Financial Reporting and Assurance track in the integrated Master in Professional Accounting (iMPA) program. Allie has completed two audit internships at Deloitte and J.P. Morgan, and is returning to Deloitte in 2024 as an Audit Associate in Washington D.C. On campus, Allie is involved in Longhorn Run and Texas 4000, works for McCombs advising offices as a Peer Advisor, and represents the accounting department on the Graduate Student Assembly.

 

Demetrius Garza |  MPA ’25
Current Student

Demetrius is an incoming fourth-year student on the Financial Reporting and Assurance track in the integrated Master in Professional Accounting (iMPA) program. Demetrius has completed an internship at EY and is currently interning at GlobalFoundries as a Corporate Accounting Intern under their Technical Accounting group. His interests include financial accounting, current accounting topics revolving around ESG/Crypto reporting, and learning about accounting scandals.

Austin Takes the Lead as the #1 City to Launch Your Career

In a recent analysis conducted by Bankrate, the top 50 metro areas in the US were evaluated based on three key factors: rent affordability, employment opportunities, and quality of life. Austin emerged as the number one city for millennials and members of Gen Z entering the workforce!

As graduation season wraps up, young adults across the country are embarking on their post-college journeys and contemplating where to start their careers. Austin is a city that embodies the perfect balance between work and play. With its booming job market, affordable living, and vibrant culture, Austin has become a magnet for young professionals seeking a head start in their careers.

The city’s strong economy has been driven by the presence of major tech companies, including Dell, IBM, Apple, Facebook, Samsung, Google and Tesla, which have established their operations in the area. Austin is also home to several major accounting firms, such as Deloitte, PwC, KPMG, and EY, that offer a wide range of accounting, tax, and consulting services.

The Master in Professional Accounting (MPA) program at Texas McCombs stands out as the nation’s top-ranked program. Pursing a masters in accounting at McCombs and establishing a foundation in Austin allows graduates to gain access to a network of industry leaders and exciting career opportunities, setting them on the path to a successful and fulfilling professional journey in Austin.

Beyond its professional appeal, Austin boasts a vibrant cultural scene and an exceptional quality of life. The city is renowned for its live music venues, festivals, and diverse culinary offerings. With its numerous parks, hiking trails, and proximity to the beautiful Texas Hill Country, Austin provides ample opportunities for outdoor enthusiasts to unwind and stay active.

Join us at an MPA event to learn more and make Austin your destination!

Three McCombs MPA Students Recognized with Elijah Watt Sells Award!

The American Institute of CPAs (AICPA) recently announced the winners of the prestigious 2022 Elijah Watt Sells Award. The Elijah Watt Sells Award program was established by the AICPA in 1923 to acknowledge outstanding performance on the CPA Exam. To qualify for the award, candidates must achieve a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, pass all four sections on their first attempt, and complete their testing within the designated year. Out of the approximately 67,000 individuals who took the exam last year, 50 candidates met the criteria to receive this esteemed award.

Among the group of CPA candidates who demonstrated exceptional aptitude and commitment, three students from the Texas McCombs MPA program were honored with the Elijah Watt Sells Award. The Texas McCombs MPA curriculum lays a solid educational foundation for the CPA exam. In fact, 37 of our students have received the Sells Award since 2014. CPA candidates from Texas McCombs typically have higher pass rates than the state and national average.

Congrats to the 2022 Award Winners!

  1. Danielle Beaulieu: A graduate of New York University with a Bachelor of Arts in economics and English literature, holds a Master in Professional Accounting from The University of Texas at Austin McCombs School of Business. Currently employed at PricewaterhouseCoopers in Washington, DC, Danielle’s remarkable achievement showcases her expertise and dedication in the field of accounting.
  2. John Gerling: An alumnus of The University of Texas at Austin with a Bachelor of Business Administration in Accounting and a Master in Professional Accounting. John is currently working at Ernst & Young in Austin, TX, where he continues to contribute his skills and knowledge to the accounting profession.
  3. Wilson Wu: A graduate of the University of Houston with a Bachelor of Business Administration in accounting, pursued his Master in Professional Accounting from The University of Texas at Austin. He is currently employed at PricewaterhouseCoopers in Houston, TX, where he continues to excel in his accounting career.

Texas McCombs is incredibly proud of the three exceptional students from the Master in Professional Accounting (MPA) Program who were honored with this award. Their remarkable achievements are a testament to their unwavering dedication, diligence, and mastery of the accounting profession. As we celebrate the accomplishments of Danielle Beaulieu, John Gerling, and Wilson Wu, we commend them for their exceptional performance on the CPA Exam and for upholding the values of excellence and professionalism. Their achievements serve as an inspiration to current and future MPA students, highlighting the possibilities that await them with dedication and hard work.

Dean Lillian Mills Receives Prestigious Outstanding Accounting Educator Award

We are thrilled to announce that Dean Lillian Mills, the esteemed leader of The University of Texas at Austin’s McCombs School of Business, has been honored with the highly coveted 2023 Outstanding Accounting Educator Award from the American Accounting Association. This prestigious recognition underscores her remarkable contributions to the field of accounting and her exceptional dedication to educating future accounting professionals.

The award committee selected Mills after reviewing over 30 nomination letters from her research co-authors, peers at top academic institutions nationwide, former students from around the world, and Texas McCombs colleagues.

Mills is recognized as the most prolific and impactful tax researcher in the accounting academy, according to Steve Kachelmeier, chair of the McCombs Department of Accounting. Mills is known for her enthusiasm and passion for accounting, dedication to her students, and her uncanny ability to make complicated tax-related topics understandable and applicable. Dean Mills is a true trailblazer in the realm of accounting education.

Mills has chaired the department for four years before being named permanent dean of McCombs in 2021, becoming the first woman to hold the position. She has won numerous teaching awards throughout her career and continues to mentor McCombs doctoral candidates. Dean Mills cherishes the opportunity to contribute to cutting-edge knowledge creation and sharing alongside her esteemed colleagues, finding constant joy and inspiration in her work.

The accolade includes a monetary prize, a citation, and a unique glass art piece to be presented in August at the association’s annual meeting in Denver, sponsored by the PricewaterhouseCoopers Foundation. Mills’ work with students and faculty members inspires the McCombs community to new heights and has had a lasting impact on generations of tax scholars. Learn more about the award here.

Peek into an MPA Class: Financial Planning for Wealth Management

In 2016, Terri Holbrook created a new course in financial wealth management for students interested in investments, tax planning, and all areas of personal wealth management. In class, students learn financial planning strategies, to develop research techniques and methods of analysis in the personal financial planning process.

The course has become incredibly popular, with many students eagerly signing up each year. What makes this course so special? According to Holbrook, it’s all about hands-on learning and real-world experience.

Rather than relying solely on lectures and textbook material, Holbrook’s course is project-driven and case-based. At the beginning of the semester, students are introduced to a simulated four-generation family, and throughout the course, they receive emails from this client requesting assistance with a variety of financial issues, including retirement planning, investment portfolios, tax liabilities, and estate planning. By working through these scenarios, students gain valuable experience in the real-world challenges that personal wealth advisors face every day.

One of the key benefits of this course is its relevance to today’s job market. According to Holbrook, there is a significant shortage of financial advisors and planners, with many current advisors nearing retirement age and looking for younger professionals to take over their client base. Additionally, the baby boomer generation is currently transferring significant amounts of wealth to younger generations who may lack financial knowledge. For students interested in a career in financial planning and advisory, this course can be an excellent opportunity to gain experience and develop skills in a field with significant job opportunities.

The course has lasting personal benefits even for students not interested in a career in financial advising. Learning how to manage personal finances, invest wisely, and plan for retirement are skills that will serve students well throughout their lives.

Terri Holbrook’s course in financial wealth management is an excellent opportunity for students to gain real-world experience and develop valuable skills that will serve them well both personally and professionally. With a focus on hands-on learning and a simulated client scenario, this course provides an excellent foundation for students interested in pursuing a career in financial planning and advisory, as well as those simply looking to improve their personal financial management skills.

Interested in learning more about the MPA Program? Dive deeper into the program here.

REGISTER: Meet Current MPA Students and Alumni

Want to learn more about the Master in Professional Accounting program from students and alumni who have experienced it first-hand? Join our virtual panel on Thursday, April 20 from 5:00 – 6:00 p.m. CT! Current MPA students and alumni will discuss why they chose to study accounting and provide details about their experiences in the program, including their favorites classes, recruiting and employment opportunities, and life at Texas McCombs. Plus, you’ll have the chance to ask the panelists questions!

Register Now!

Event Details:
Thursday, April 20
5:00 – 6:00 p.m. CT
Virtual – Zoom

Meet the Panelists!

Paul Nabhan  |  MPA ’12
Associate, Arnold & Porter Kaye Scholer LLP

Paul earned his master’s in accounting through the integrated Master in Professional Accounting (iMPA) program at Texas McCombs. Paul is an attorney and CPA based in New York City. His primary practice involves representing financial institutions, corporate borrowers, and private equity sponsors in complex structured and leveraged finance transactions.

 

Letitia Wu |  MPA ’23
Current Student

Letitia is currently in the traditional Master in Professional Accounting (tMPA) program. She earned her bachelor’s degree in both accounting and operations & information management from Georgetown University. Letitia is pursuing the generalist track within the MPA program and is also a MPA ambassador. She is open to connecting with prospective students as they consider attending McCombs!

 

Alec Weissman  |  MPA ’19
Business Analyst, McKinsey & Company

Alec earned his master’s in accounting through the integrated Master in Professional Accounting (iMPA) program at Texas McCombs. He lives in Dallas, Texas and has experience in both public accounting and management consulting. Alec’s strengths include developing 3-5 year strategies, leading high-performing teams, standing up transformation offices, and driving effective implementation of cross-functional projects.

 

Austin Hayes  |  MPA ’23
Current Student

Austin is a Texas native and is currently finishing his degree in the integrated Master in Professional Accounting (iMPA) program. While in the program, he pursued the taxation track and completed an internship with Deloitte. Austin is now looking forward to rejoining Deloitte after graduation!

 

Peek into the Classroom: Financial Statement Analysis

As a student in the MPA program, you can take many interesting and challenging classes that will help prepare you for a successful future in accounting. One such class is Financial Statement Analysis taught by Dr. Patrick Badolato. This case-based course is unique in that it moves away from mechanical calculations and towards critical thinking by using an array of financial information to understand past performance and form predictions for the future. It involves interdisciplinary discussions that dig into the “why” behind the data. In class, students holistically use ratios, financial statements, footnotes, and other information to tackle perspectives such as: What business reasons and strategies drive performance?

This class provides a lifetime of value for students in the MPA program and highlights the many ways accounting is valuable in the business world. Learn more about Financial Statement Analysis from Professor Badolato and an MPA student in this video!

Want to learn more about Professor Badolato, the classes he teaches, and why he loves accounting? Watch the video below!

Does this class sound interesting to you? If you are exploring a future in accounting and want to know more about how the MPA program can help you reach your career goals, attend an info session or meet with admissions.

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