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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.

REGISTER NOW: Accounting++ Artificial Intelligence (Livestreamed Event)

Are you currently exploring the possibilities a Texas McCombs Master in Professional Accounting degree can offer? Artificial intelligence (AI) is a strategic focus driving multi-disciplinary collaborations, groundbreaking research, and the development of future leaders poised to navigate an ever-evolving landscape.

Join us virtually at our upcoming  event on Wednesday, April 10 to learn about the future of accounting and AI and how these fields intersect to shape the future of business.

Don’t miss out on this incredible opportunity to see into the future of accounting!

Wednesday, April 10, 2024
5:30 PM – 6:30 PM CT

REGISTER NOW!

This event will be livestreamed from Robert Rowling Hall on The University of Texas at Austin campus. Join us virtually through Zoom.

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.

 

Meet MPA Alumna Rachel Ybarra

Excerpted from the original publication in Texas McCombs Alumni News.

Originally from San Antonio, Rachel Ybarra began her journey at McCombs while pursuing her accounting degree. From there, she went on to work for AT&T, where she excelled into a senior leadership role before launching Embrace Any Future, a boutique financial strategy and consulting firm.

Notable quotes from Rachel regarding the accounting program at Texas McCombs:

“UT Austin has an exceptional Accounting Program, number one in the nation. To attend the program was such a privilege.”

“UT’s accounting program has always been a trendsetter. Thirty years later, I still see the business school striving to new heights.”

“Going to a great school and prestigious program opened many doors and my education and the rigor of the accounting program made the transition to a highly competitive Fortune 20 company feel natural.”

Read more about how Texas McCombs shaped Rachel’s future.

 

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.

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.

Peek into the Classroom: Corporate Tax

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 Corporate Tax. A fundamental aspect of all financial transactions is the tax cost of the transaction. Understanding how businesses and individuals are taxed is crucial for accounting professionals. Corporate Tax, focusing on the taxation of C corporations and their shareholders, is taught by Professor Donna Johnston-Blair, an MPA student favorite.

In Corporate Tax, students learn about the life cycle of a corporation from a tax perspective. The class starts with the tax consequences of incorporation. The next step in a C corp’s tax life cycle is the calculation of a corporation’s taxable income (students even practice preparing a corporate tax return). Professor Johnston-Blair also explores various strategies that C corps and their shareholders can employ to minimize their tax burden, including deferring income, accelerating deductions, and taking advantage of tax credits.

In the second part of the course, the focus shifts to the tax consequences of corporate distributions and then, the corporation’s end (aka, liquidation). These transactions create unique tax consequences for a corporate shareholders. Understanding these consequences can set an accounting professional apart from their peers.

While learning the corporate tax rules, students also explore ethical and professional issues that arise for tax professionals related to tax evasion, tax avoidance and tax fraud.

“Donna brings everything I learned in tax together. She’s always available inside and outside the class and provides thorough explanations and constructive advice. She is the most charming and lively professor I can ever ask for! My MPA experience would not be the same without her!”
– Letitia Wu, MPA Student

Corporate Tax provides MPA student with a comprehensive understanding of taxation of C corps. Professor Johnston-Blair encourages class discussion and incorporates real-life examples to help students understand both the complexities and the nuances of C corp taxation.

Taxation of Entities 1 Class

Taxation of Entities 1 Professor Johnston-Blair in action!

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.

REGISTER: Accounting ++ “?” Webinar

This spring, the Texas McCombs MPA Program has been hosting the “Accounting++” series, to introduce students to various careers in which accounting knowledge is valued. At each event, we highlight a career path that benefits from having a master’s degree in accounting (MPA). Our final event is titled Accounting ++ “?”. If you are thinking of choosing a major or applying to the MPA program, register now to hear from accountants with diverse backgrounds working in a variety of areas to get your questions answered.

Event Details:
Tuesday, April 4, 2023
5:30 – 6:30 pm CT

Register Now!

Meet the Panelists!

BillBill Fan
Tax Analyst, SpaceX

SpaceX designs and builds its reusable rockets and spacecraft. Their goal is to reduce space transportation costs to enable the colonization of Mars. Bill works in their tax function to ensure that SpaceX is both meeting its tax reporting and compliance obligations and operating in a tax-efficient manner.

 

VirginiaVirgina Hoskins
Director, Department of Physics, UT Austin

The Physics Department at UT is an internationally recognized research college and ranks highly in the National Research Council surveys of doctoral programs in the US. Virginia’s work ensures that the Department can meet its current and aspirational goals, by stewarding its financial processes.

 

NikkiNikki Ellis
Tax Manager, Deloitte

Deloitte provides tax compliance and consulting services to public and private companies. Digitization, ESG, and workforce mobility fundamentally affect the taxes companies pay and make this an interesting and challenging area of work. Tax professionals are their client’s strategic advisors. They work to assess their client’s tax obligations accurately and efficiently, ensuring that they are well served and that governments have the resources to meet their operating needs.

 

CedricCedric Kudowor
Senior, Accounting & Reporting Advisory, Deloitte

Deloitte provides audit and assurance services to help organizations ensure that their businesses operate efficiently and profitably, following applicable governing standards. Auditors, by verifying and testing the information in financial and other regulated reporting, enhance the trust placed in the financial markets and, in so doing, help a multi-trillion dollar capital market system function with greater confidence.

 

JohnJohn Strother
Senior Consultant, Modeling Advisory, Deloitte

Deloitte’s valuation and modeling services teams work with clients to better forecast and analyze various data points to better understand risks facing their businesses, to reduce costs, and to accurately price acquisitions and sales. Their clients include public and private companies in industries such as private equity, real estate, manufacturing, and technology.

Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90 percent of the Fortune 500 and more than 7,000 private companies.

A Master in Professional Accounting Degree = More Opportunities

It can be a challenge to design the best plan for your future. If you’re into numbers and the stories they tell, you may find that the Texas McCombs Master in Professional Accounting (MPA) degree program is a smart choice. Here’s why we think you should take a closer look:

An MPA degree makes you attractive to top organizations.

Accounting is the lifeblood of virtually every company in every industry. Organizations need accountants to track finances, predict future transactions, and evaluate performance. Without highly qualified accountants, businesses have a hard time growing or even surviving. A graduate from the top-ranked Texas McCombs MPA program will be in demand for years to come.

The MPA degree gives you the luxury of choice.

With an MPA degree from Texas McCombs, you’ll have a variety of roles to choose from in areas such as public accounting, industry, consulting, finance and government. Here are some examples of positions your MPA degree could help you secure:

  • Internal Auditor—the employee that’s indispensable to senior leadership and the board of directors. As an internal auditor, you investigate and report, giving leadership key information for important decision-making.
  • Staff Accountant—this role holds more credentials and trains for higher-level tasks than a general accountant. As a staff accountant, you’ll soon advance to more senior positions and management roles.
  • Controller—this powerful management role oversees all accounting employees and processes.
  • Restructuring Consultant—this role points the way when making major business decisions. Restructuring consultants make financial projections and cash forecasts. They also analyze financial data, perform financial reporting, and conduct data mining and research.
  • Tax Consultant—this role helps keep businesses safely legal with tax-related issues, including compliance and regulations, and determining taxes owed.
  • Risk and Financial Advisor—this is another role that informs big decisions. As a risk and financial advisor, you would help organizations reduce or wisely manage their financial risk.

Wondering how well the MPA Class of 2022 is doing?

98% of the MPA Class of 2022 received job offers within three months of graduation!

What’s the next step in planning your future?

This may just be the beginning of your research. If you want to know more about how the MPA program can help you reach your career goals, attend an info session or meet with admissions.

Visit the Texas McCombs MPA Program…In Person or Virtually!

If you’re interested in exploring the Texas McCombs MPA program and would like to visit us here in Austin or from afar, we have several options for you!

In Person Visits

Would you prefer to see the UT campus first-hand? Submit our in-person visit form at least two weeks in advance, and we will customize a visit schedule based on your preferences.  Meet with MPA admissions, academic and career staff, take a tour of McCombs with a current student, walk around the Forty Acres, and more!

Virtual Visits

Are you unable to visit Austin in person? View a virtual tour of Texas McCombs and take a virtual stroll around the University of Texas at Austin to see what makes us a premiere destination. Reach out to an admissions ambassador to set up a Zoom call or attend a virtual panel to learn more about the student experience.

Learn more about the McCombs School of Business, Master in Professional Accounting program, and living in Austin by visiting our website.

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