Category Archives: Student Life

extracurricular activites, UT sports and other campus events, student organizations, recreation, etc.

Internships, Jamal, Recruiting, Student Life

The Pur$uit of Happine$$: Part 2

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Right now I’m in my 4th week of my internship. Things have been a little different from my expectations, but that’s why being able to roll with the punches is a good thing. FAs an intern, auditing has been a lot about reviewing, editing, and generally supporting the full-time staff and firm in ad-hoc tasks. So far, I have assisted in basic accounting for 5 different clients in 4 different industries. Right now, I’m helping HR with some of their recruiting efforts. Both of these experiences are relatively unique for an assurance intern and not what I thought the traditional auditing role would be like, but I really like the people that I’m working with, which makes everything a lot smoother and enjoyable.

As an intern, you may be subject to some pranks that the senior staff will pull on you. I have outlined some of the more common ones, to help you know what to expect:

1)      “Go ask the client where their list of unrecorded liabilities are.”

2)      “I’m going to need you to grab me some tick marks from the supply closet.”

3)      If you’re ever staffed on an engagement where you’re told that you need to find the size (in square feet) of a road or building and your Senior tells you since they don’t have an adequate tape measure available  you have to measure your foot with a ruler and measure the area by walking around, be a little suspicious.


Continue reading with Part 3 of The Pur$uit of Happine$$!

Internships, Melissa, Student Life

Melissa Takes Boston: Part 1

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Hello Everyone!

I am 3 weeks into my auditing internship here at a Ernst & Young in Boston, MA. It has been crazy, a bit overwhelming, and already it feels like I have been working forever. I am learning so much everyday and I want to share what I have learned with those of you who are currently in MPA and thinking of participating in this awesome program.

My first internship lesson actually had nothing to do with accounting at all.

It was my first day at the client and my start time was 8:30 AM. The commute was about an hour, so naturally I left at 6 AM. (This might seem crazy but those of you who know me know that it is actually very predictable.) All was going well and I was on track to be not-so-fashionably early for my first day. All of a sudden, the “low tire pressure” alert began sounding in the car. As I pulled off at the next exit, I heard my tire completely blowout. I frantically called the rental car company, and then the towing company, and then a team member on my client to explain what was going on.

As all of this was happening, there were so many thoughts going through my head. The first, of course, being that I was going to late my first day of work because of a flat tire. That’s almost as cliche as forgetting your homework and saying your dog ate it.

In the end, I was late, but I learned a valuable lesson. As cheesy as it is, I learned that these things happen and no one is going to hold it against you. As adolescents we often resort to one of two reactions when these kinds of things happen. We either blame everyone except ourselves or we completely internalize the situation and worry about what everyone will think of us. As new interns we really hope to impress, not only because we want to secure that 5-star performance review that Jamal alluded to in his last post, but also because we are representing the University of Texas as we intern.

As you begin your internship, nerves and anxiety are okay, but my as my dad always tells me, the difference between excitement and nervousness is confidence.  It’s important to remember that no one is expecting you to be perfect, they only expect you to be the best you can be. Don’t be nervous because McCombs more than prepares us for the actual accounting part of the internship.  If something happens on your first day, just remember that things happen, and don’t sweat the small stuff.

Click here to read Part 2 of Melissa Takes Boston!

Alexandria, Austin, Events, Student Life

Run Austin! (2.0)

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Last year I wrote a blog post about the best places to run around in Austin on a day to day basis, and mentioned a few of Austin’s most famous races. (Click here if you missed it!) Austin has a strong running community and a ton of marathons and races. With spring on the horizon, I thought it a good time to discuss a few of the best races to run in Austin.

My friends and I at the Color Run last year

Let’s start off with the fun races.  Color Run, coming in May (sign up open January 15th!), is one of the most fun and colorful races in Austin! It has a national tour, so you can run the race in other cities around the country. This is a 5K run, about 3.1 miles long, where volunteers throw dry paint at you at the start and after each 1K you complete. You start wearing all white, and finish a colorful mess. Once you finish you are given a bag of dry paint of your own, and there is a massive dance party by the finish line where everyone dances and throws paint. I did it with a few friends last year, and highly recommend the race to runners and non-runners alike.

Warning: Make sure you shower the paint out of your hair (yes, it will get in your hair) as soon as you get home. I didn’t get all of the paint out immediately, and my hair had pink and green sections for a week following the race because I let the paint sit for a few hours. Unfortunately for me, that week after the race was full of public accounting firm career nights. Nothing like colored hair for networking!

Braving the mud with some fellow MPAs

Another fun, and extremely messy, race for everyone to do is the Muddy Buddy. This race, also part of a national tour, is a partner race where you mountain bike and run. There are obstacles throughout the course, including a large mud pit you crawl through with your partner at the end of the race. I particularly enjoyed the costume contest at the beginning, where the funniest costumes received some recognition and appreciation. There are a lot of races in Austin similar to this one, in particular the Warrior Dash and Mud Run.

The Gorilla Run may be one of the strangest races in Austin. Instead of a race t-shirt, each race participant receives a full gorilla costume to run in. Volunteers run dressed as bananas for the gorilla-clad racers to chase through Austin’s streets.

Austin has a number of zombie runs in the winter, where you attempt to outrun zombies as they chase you throughout an urban course.  I have also noticed many “urban-challenge” races as well. These are similar to the TV show “The Amazing Race” where you complete tasks around the city on foot, or take part in a city-wide scavenger hunt.

Come out the the LiveSTRONG half marathon and find me in my infamous Waldo race costume in the crowd!

Finally, I am going to make one final push for something I think everyone in Austin should take part in, whether it be racing or volunteering. I really think everyone should take part in the LiveSTRONG Marathon and Half Marathon while they are in Austin. It is a very energetic and inspiring race that I feel is unrivaled. Only slightly less than 3 weeks away! And, in case you are feeling particularly generous, I am raising money for the LiveSTRONG Foundation as a member of Team LiveSTRONG again this year, and you can see my personal page here.

Alexandria, Student Life

Lessons We Can Learn from College Football

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I’m sure it is no surprise that Longhorn football is an inherent part of the culture and collegiate experience at the University of Texas at Austin. I personally have been raised to understand and love the game, but I know not everybody has the same passion for the game that I do. I believe that football is so popular because it can be so much more than a game and I have learned a few key lessons about life and management from being a football fan.

Lesson 1 – You can’t control everything –as frustrating as it is, you just can’t. This ability to accept a lack of control is a good lesson for life, because as much as we try to, the future is inherently uncertain. Events will occur no one could have predicted, and it good to be aware of what you can control and what you can’t.

Lesson 2 – Odds are that there are people more skilled for a particular task than you are –no matter how frustrated I get, and think I could get the get the job done, it’s always wise to remember that I may not be the most skilled. I also have to remind myself that my Longhorn team is only human, and mistakes will therefore be part of each and every game, and I shouldn’t be upset when they happen. Each player  had to have been very talented in order to make the team, and it’s important to rely on them and their skill sets and trust in their ability to do their job.

Lesson 3 – Success takes time –when a college football team wins a national championship, it’s easy to overlook the 3-4 years of building preparation and effort on the team’s part. National champions aren’t born overnight, success takes time.

Lesson 4 – Practice and preparation are key – I think two quotes can sum up this lesson pretty handily. The first is by Sun Tzu from the Art of War, “Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.” The second is by our own beloved former football coach Darrell K. Royal, “Luck is what happens when preparation meets opportunity.”

Lesson 5 – Don’t let the odds get you down –my high school cross country coach always had this little gem of wisdom: “there’s a reason they don’t play sports on paper.” Upsets and unpredictable outcomes are an inherent part of college football and life. Just because success may appear unlikely, doesn’t mean it’s impossible.

Lesson 6 – Adjustments mid-game can make all the difference –many football games are won or lost during halftime based on the coach’s ability to make adjustments to his strategy based on how the opponent is playing. There seems to be a strong correlation between changes made at halftime and the outcome of the game. Play the game and make the adjusts needed  along the way.

Congratulations to our Longhorns and their victory in the Valero Alamo Bowl!

Academics, Alexandria, Centennial, MPA Council, Student Life

Happy New Year!

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Last year I wrote a blog about New Year’s resolutions, so this year I thought I’d switch it up and look at the past year in review. And because accountants love numbers so much, let us take a look at the past year in numbers.

300: Hours of lost sleep

268: Number of Intermediate Accounting problems worked

750: Cups of coffee drank

64.5: Hours spent researching tax law

90: Number of hours spent at McCombs studying during finals

10: Number of Esteemed Lyceum Speakers

13: Number of football games I wish I we had won

9: Number of football games actually won

11: Number of interceptions thrown by UT quarterbacks in 2012 (ugh, this just pains my heart)

28: Number of volleyball games won on the pursuit of the national championship (and this one warms my heart right back up!)

13: Number of Longhorn medals in the 2012 London Summer Olympics (6 gold, 5 silver, 2 bronze)

67: Number of all-time gold medals won by Longhorns (not a 2012 fact, but this picture definitely went viral in the UT network during 2012)

309: Number of new MPA candidates admitted

2: Number of MPA Council awards given at 2012 spring commencement

100: Number of years UT Accounting has celebrated

7: Number of years in a row UT Accounting has been ranked #1 at the graduate level

2: Number of National Championships won by Longhorns this year

1: Number of med schools coming to the UT Austin community

2012 was clearly a fantastic year, and here’s to 2013 being as equally memorable and classy!

Keep it classy, Longhorns.