Master in Professional Accounting Admissions Blog

Insider Information for Prospective Texas McCombs MPA Students

Tag: graduate accounting program

REGISTER: Upcoming Virtual MPA Events

Are you interested in learning more about the Master in Professional Accounting (MPA) program at Texas McCombs? Join us for a virtual event! Coming this spring are MPA info sessions and a panel where you will meet current MPA students and alumni who have experienced the program and started their careers in accounting.

Sign up for an event below!

TRADITIONAL MPA INFO SESSIONS

Explore the MPA application and admissions process, curriculum and career outcomes, and what life is like in Austin.

Thursday, January 20 from 5:00 – 6:00 p.m. CT

Tuesday, February 15 from 12:00 – 1:00 p.m. CT

CURRENT STUDENT AND ALUMNI PANEL

Current MPA students and alumni will join us to discuss their time in the MPA program and also answer your questions.

Thursday, February 24 from 5:00 – 6:00 p.m. CT

 

We look forward to seeing you at an upcoming virtual event!

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!

Texas McCombs MPA Ranked No. 1 for 11th Straight Year

Texas McCombs has once again taken first place in Public Accounting Report’s (PAR) undergraduate, master’s, and doctoral rankings. PAR ranks U.S. academic accounting institutions every year by surveying nearly 1,000 accounting faculty members across U.S. colleges and universities.

Medium_Rankings No.1_PAR_2019

Master’s Ranking: No. 1
Texas McCombs has led the nation at the master’s level (Master in Professional Accounting) in 25 out of the past 26 surveys. This is also the 11th straight year the MPA program has clinched the top spot. BYU jumped ahead of Illinois to take second place this year, leaving Illinois in third.

Explore the undergraduate, graduate, and PhD rankings, as well as further accolades, on the Texas McCombs News blog.

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One reason the Department of Accounting and its programs continue to rank so high is due to our faculty (along with their research and curriculum). Read on to learn more about recent research and curriculum from our Department’s faculty.

Move Donors to the Head of the Transplant Line?
Accounting research demonstrates how a simple rule change could boost the number of usable organ donations — and save lives. Based on the research of Ronghuo Zheng.

zhengAwaiting an organ transplant for yourself or a loved one means delays that can be agonizing — and costly. Every day, 20 patients on U.S. waiting lists die before an organ becomes available, according to the U.S. Department of Health and Human Services.

In a sense, it’s a classic accounting problem of supply and demand, says Ronghuo Zheng, assistant professor of accounting at Texas McCombs. While 113,759 U.S. patients languished on lists last year, only 17,554 donors, living and deceased, provided organs.

How can the U.S. expand its supply? In new research, Zheng finds that with one important modification to a Nobel laureate’s proposed rule, it could swell the pool of donors while ensuring that patients get usable organs.

The proposal, known as the donor priority rule, would hold out a carrot to potential registered donors. If one of them gets sick themselves and needs a transplant, they’ll be able to cut in line, taking priority over those who aren’t registered.

>> Continue reading on Big Ideas

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Patrick Badolato, Senior Lecturer at Texas McCombs, recently posted an article on LinkedIn regarding his Financial Statement Analysis class and how it correlates to real world companies. 

An Update on Uber, Financial Accounting, Financial Statement Analysis and Cash Flow Bros
In addition to the Uber commentary at the end, I offer this post as a quick update for any interested former students or colleagues (I hope you are doing well!) and as some quick thoughts for anyone who just started or may take any of these classes at the University of Texas’s McCombs School of Business.

BadolatoThis Fall our Department asked me to teach the four classes of the (introductory) Financial Accounting class to our Full-time MBAs in addition to six sections of Financial Statement Analysis (across 5 of our graduate programs). While this uniquely high course load will be an incredible challenge, I am absolutely excited to have this opportunity, which began this past week.

As my former students and colleagues know, the course I have focused on and developed over the past many years is not introductory accounting, but Financial Statement Analysis (FSA). I have had the pleasure of teaching this upper-level class in all of the McCombs graduate programs that include accounting classes. In this class we have covered Starbucks, JCPenney, Nordstrom, Apple, Ford, Tesla, Amazon, Netflix, Walmart, Whole Foods, Facebook, Priceline, Southwest, Coca-Cola, Disney, ToysRUs, Theranos, Groupon, Square, Blue Apron, GoPro, Yeti, Exxon, Beyond Meat, Lyft, etc. After taking FSA, students note that they appreciate how the class helps them: (1) see how and why valuation and analysis are more than mindless mechanical processes; (2) understand the importance of stepping back and understanding the business; and (3) offers the opportunity to see that there is a ton of information in financial reports, once we gain comfort working past the fluff and filler and focus on holistically using the financial statements and other information.

Learn more about the FSA class by reading Patrick Badolato’s full article

A Peek into Orientation: Welcome tMPA Students!

Traditional MPA students arrived on campus Tuesday, August 20 to kick-off their first day as Texas Longhorns. tMPA Orientation lasted three days and included information on academics, student life, networking, and recruiting. Let’s take a look at Orientation 2019!

Day 1: Tuesday, August 20

Students arrived at Rowling Hall for their first official day as the MPA Class of 2020. After check-in, a light breakfast with coffee, and receiving new Texas McCombs MPA backpacks, the MPA Program Senior Director Steve Smith welcomed our 80+ traditional and ECON MPAs into the top-ranked accounting program in the nation.

First, representatives from Student Life presented on their clubs. MPA Council informed students on how they can get involved, and MPA Consulting Club discussed their consulting and advisory organization, including an overnight trek to Dallas this fall to meet with consulting firms.

Up next was our faculty panel with Shuping Chen, Jaime Schmidt, and Kristina Zvinakis. Our professors gave insight into the Department of Accounting, talked about their curriculum, and answered questions from students. Afterwards, more faculty members joined us at Orientation for lunch with students.

Day 1 Lil Mills and Students at Lunch

Professor Lil Mills and a student listen to another classmate during Day 1’s lunch with faculty.

After lunch, Aleks from the International Programs Office explored the study abroad options for MPA students. Five-week programs in Buenos Aires and Prague are offered each summer. Around 25-30 students enroll in each of these programs and have the opportunity to earn six credit hours – one class is taught by a Texas McCombs accounting professor, and one class is with the partner university’s professor. Learn more about the MPA study abroad program here.

Jo Chauvin and Tina Reed from the MPA Career Services team then took the reins and coached students on recruiting and networking tips. This came in handy on Day 2 and Day 3 of Orientation as students met with employers who are actively recruiting for full-time positions. Their presentations included skits on what not to do while recruiting, as well as networking best practices.

Day 1 Students Networking

MPA students put their networking skills to use as they practice interviewing each other.

Next, alumni from the MPA program shared their experiences in the program and where they are now. The panelists gave their honest opinions on work-life balance while in the program, especially during their first semester while taking a full courseload and recruiting for a full-time job. They also answered questions on their careers and professional growth.

We ended Orientation Day 1 with a class photo. Here they are… the MPA Class of 2020!

Day 1 MPA Class of 2020

Welcome to Texas McCombs MPA Class of 2020!

About half of the class joined us for bowling and pizza at our on-campus bowling alley in the basement of the Union. The pizza went quick, but we sure had a blast!

 

Day 2: Wednesday, August 21

Students had their first chance to meet employers on their second day in the program. Ten employers attended the MPA Career Lunch to meet MPA students, present on their organizations, and enjoy lunch with students. Organizations in attendance included:

Tina Reed, Director of MPA Career Services, welcomed students and recruiters to the Career Lunch, then asked employers to give their 60-second elevator pitch on themselves and their companies. Afterward, each organization sat with a table of students to network while enjoying another delicious meal.

Day 2 Networking with Recruiter

A representative from FTI Consulting makes connections with MPA students.

After lunch was served, our keynote speaker, George Scott, Chairman of the FASAB, spoke regarding his board, the initiatives they are currently working on, and how students can get involved.

Students and employers then made their way to a dessert reception where MPAs had to opportunity to meet other organizations present at the Career Lunch.

Day 2 Dessert Reception Networking

MPA students and employers networking during the dessert reception.

Once the dessert reception ended, Alvarez and Marsal, Texas Instruments, Crowe, and Caterpillar reps answered students’ questions – no topics were off limits. Everything from details on their career path to why should a student choose their company was asked, and the panelists gave open and honest answers. The biggest takeaway all four panelists agreed on was for students to find the company that is the best fit for them, whether that is in public accounting or industry.

To conclude the day, Jo and Tina from Career Services continued their career consulting with more information on recruiting within the MPA program.

 

Day 3: Thursday, August 22

Students made their way to Darrell K. Royal – Texas Memorial Stadium on Thursday for Meet the Firms, a speed networking event. What is speed networking, you ask? Think of it as “speed dating” except that you are meeting employers.

The event was held inside the football stadium, with the perfect view overlooking the field. You couldn’t ask for a better venue to host an event. Plus, breakfast tacos, bagels, and cookies were served for students who worked up an appetite making connections.

20 employers were in attendance at Meet the Firms. Once the event began, two students sat with each employer, and the trio had seven minutes to make introductions and network. When the Texas Fight song played, that prompted students to rotate to the next employer.

Day 3 Speed Networking

A recruiter from Caterpillar talks with students during Meet the Firms, a speed networking event.

Employers present at Meet the Firms included:

On the opposite side of the room, tables were set up for students to open network with organizations they may not have met during speed networking.

Day 3 Open Networking

Students mingling with employers on the opening networking side of the room.

As if it were on cue, the football team entered the stadium at the end of Meet the Firms, and students, employers, and staff got to enjoy the team do run-throughs on the field. Fellow Texas McCombs’ student and starting quarterback Sam Ehlinger was even spotted taking some snaps!

Day 3 Football Scrimmage

The Texas Longhorns football team made an appearance on the field at the end of Meet the Firms.

That wrapped up traditional MPA Orientation! Stay tuned throughout the year for program updates, recruiting information, tips for applying, and student profiles.

Hook ‘em!

What to Do in Austin This Summer

Take a break from MPA summer classes or your accounting internship to explore the city of Austin this summer. It’s the perfect time of year to take some leisure and try new things in this vibrant town, so check out these 10 summer events and activities you can do in Austin this summer.

Blues on the Green
29 years and counting, Blues on the Green is one of Austin’s most iconic summer events hosted by Austin City Limits Radio. This free concert series features upcoming local artists and is located at Zilker Park. Blues takes place once a month on a Wednesday, so get there early to get the best view. Parking is $15. Alternatively, you can take the bus with Capital Metro which offers plenty of routes directly to Barton Springs/Zilker. For the rest of summer 2019, the show dates are July 17 and August 7 at Zilker Park starting at 8:00 p.m.

Blues on the Green

Unplugged at the Grove
As the “live music capital of the world,” Austin boasts its fair share of music events. Unplugged at the Grove is a more frequent free concert series hosted by Austin City Limits Radio. Every Thursday, Austinites gather at the Shady Grove off Barton Springs Road to enjoy music and drinks. For summer 2019, the show dates are every Thursday until August 29 at Shady Grove at 8:00 p.m.

Barton Creek Greenbelt
Though live music may be the star of Austin, the city also offers a fantastic glimpse of the natural world. The Greenbelt is acclaimed as the place to be on a nice day with a variety of activities—hiking, biking, rock-climbing, swimming, and sun-bathing. This park has multiple access points directed towards the pool or the hiking trails. The Greenbelt provides a sweet relief from the city. If you prefer to play it safe, Barton Springs Pool is a sectioned area fed by natural spring water where you’re welcomed to chill and relax. The pool fee is $9 for non-residents and $5 for residents, plus it’s free after 9:00 p.m.

Barton Creek Greenbelt

Saturday Farmer’s Market
Every Saturday, rain or shine, the Sustainable Food Center supports local vendors and farmers by hosting a farmer’s market. With ready-to-eat foods from your favorite bakeries and fresh produce for when you want to cook, this market provides a sustainable way to support and buy local. Many artisanal products are available ranging from soap to hemp-based skincare making it the perfect place to shop for a little something for yourself or buy the perfect gift.  Every Saturday at Republic Square from 9:00 a.m. to 1:00 p.m.

Saturday Farmers Market

Zilker Summer Musical
Zilker is the hub of summer events and the rest of the year. This year, the Zilker Theatre Production is debuting The Little Mermaid musical at the park. Bring some friends, a blanket, and bug spray to watch and sing along to the classic Disney songs we all know and love. For summer 2019, shows happen every Thursday, Friday, Saturday, and Sunday from July 12 to August 17 at Zilker Hillside Theatre at 8:15 p.m.

Mount Bonnell
As one of the highest points in Austin (other than our city skyscrapers), the views at Mount Bonnell are not one to miss. A popular destination for sunrise and sunset, take in the idyllic views of the Colorado River and downtown. With 102 steps, you’ll get your workout in, take some fun pictures, and enjoy a nice view. The mount is also a wonderful picnic destination and getaway.

Mount Bonnell

Pennybacker Bridge
Pennybacker Bridge, or commonly known as the 360 Bridge, is a curved bridge which offers the perfect place to capture the busy city. Crossing over Lady Bird Lake, the view combines the water and landscape for the perfect place to watch the sunset and see the whole expanse of the sky.

Pennybacker Bridge

South Congress
Just like New York has SoHo, Austin has SoCo. With funky and unique shops and eateries, SoCo embodies all the vibes of Austin as a landmark location with the iconic “I love you so much” mural. Visit Amy’s Ice Cream for a cool treat with flavors such as avocado and apple pie. You can also stop by the YETI flagship store for an experience like no other complete with a bar, customization station, and a display of historical artifacts.

South Congress

Movies in the Park
A take on drive-in movies, the Austin Parks Foundation hosts movie nights for everyone to enjoy in parks around town. There’s no specific genre, but come out and watch for the first time or re-watch your favorite classic movies from Space Jam to Harry Potter. Food trucks are available on-site where you can grab a bite from an Austin favorite. For the remainder of summer 2019, dates and movies are: July 25 (The Road to El Dorado) and August 16 (Caddyshack).

Yoga Summer Sunset Series
Presented by Wanderlust Yoga, this summer series event is not one to miss with free yoga Tuesday evenings. A perfect way to wind down and relax from the workday or your studies before heading home for the night. You don’t have to be an experienced yogi to enjoy this event which is suited for all levels. Bring a mat and bathe in the setting sun wearing your most fashionable athleisure fit. For summer 2019, yoga is every Tuesday between July 2 and August 27 from 7:30 p.m. to 8:30 p.m.