My Accounting Story: Not Your Typical Daytime Drama

by Riny Varghese

Why accounting? My family, friends, teachers, recruiters, almost everyone has asked me that question. To be honest, I’ve been asking myself the same question every day. Growing up, it never crossed my mind that I would be an accountant. So how did it all begin? This isn’t your typical afternoon soap opera…This is the story…

Decision to pick accounting

I graduated high school with a set goal that I would be a journalist. However, after realizing that it was not the career I could see myself doing for the rest of my life, I let go of this goal and decided to consider other options. I went to a community college in California, where I took so many random classes, none of which would lead me to a clear career path. I went through a period of confusion and frequently switched majors. I thought I was going to be an engineer, a computer scientist, a pharmacist, or an English teacher. I was in a state of panic, because I didn’t know what to do with my life. That’s when I decided to take the careers assessment test at my college’s counseling center, and voila–accounting was one of the most compatible careers for me. Coming from a family of engineers, I did not know anything about this field. I decided to take an accounting class and liked it. Close to the end of the semester, my accounting professor talked with me to ask if I was interested in majoring in the subject. I told him I was considering it, but he reassured me that it is a great field to get into and that he could see my potential to do well in the subject.

Transferring to the McCombs School of Business and the MPA program

I was very excited that I got into the No. 1 Accounting program in the nation. Unfortunately, my first semester in the program was far from a smooth ride. I was struggling to keep up with all my classes, and I felt that I was very unprepared for the rigor of courses in McCombs, not to mention the MPA program. It was the first time I received C’s on my exams.  I questioned my abilities, my motivation, my career path–why am I in accounting? I went through another period of confusion. I was about to switch majors again, when I realized that I was just trying to escape failure. I am not a quitter. I changed my perspective and learned to appreciate my classes, regardless of how hard they were. I realized that I’m in school to learn and not to get a 4.0. This perspective took so much pressure off my shoulders. I enjoyed accounting again, which is why I am happily blogging about it.

The Tax Track

So now that I’m firmly determined to do accounting, which accounting path should I pursue? Continue reading My Accounting Story: Not Your Typical Daytime Drama

An Insight into the MPA Recruiting Process

By Riny Varghese
 For this week’s blog, I want to go back two months and share some unique experiences I had during the first few weeks into the MPA program. One of those things was definitely the “Open House” event, during which I had the opportunity to meet with partners and recruiters of three top-tier public accounting firms in New York. How? Well, this was an initiative spearheaded by the Director of the program, Jim Franklin, and the MPA recruiting office to assist students interested in working in cities outside of Austin. They organized “Open Houses” for key cities, both within and out of Texas. We had the freedom to choose the cities and companies that we were most interested in, from the list of participating firms. At this point, I think I may need to clarify this: it was our responsibility to pay for our traveling expenses. The cost of travel for a class of more than 100 would be too formidable for either the school or the companies to undertake at this point. Now I chose New York because my family eventually hopes to settle down there (That’s another plus of being part of this program – you actually have options as far as the cities you want to live in!). I met with two of the Big 4 and one of the top six public accounting firms. The experience was very informative, since I could ask questions specific to my location of preference. The recruiting process, specifically for New York, became clearer to me as well. But the best thing was being able to meet these folks without the pressure of having to interview with them. Because of that, the whole recruiting process became less intimidating.

The second event I really enjoyed was the recruiter panel session during orientation week. During this session, representatives from four sectors (government, consulting, Big 4 public accounting and regional public accounting) talked to us about the recruiting process. Continue reading An Insight into the MPA Recruiting Process

School: The To-Do List that Never Ends

by Jarrett Cocharo

If your fall schedule is anything like mine is right now, it is getting ridiculously out of control. Your ability to manage time, prioritize and switch things around will be tested to the max your first semester in the MPA program. Let me detail the assignments that are due these next two weeks (please keep in mind that this does not include any daily reading assignments for each class).

Tuesday, October 26: Third part of Internal Audit Project due

Wednesday, October 27: Managerial Accounting Homework due

Thursday, October 28: Intermediate Accounting Test, Internal Audit Case due, Internal Audit Quiz

Monday, November 1: Managerial Accounting Homework due

Tuesday, November 2: Intermediate Accounting Case due, Internal Audit Quiz

Wednesday, November 3: Managerial Accounting Homework due, Intermediate Accounting Homework due

Thursday, November 4: Internal Audit Quiz

Now let’s add another layer of complexity to this schedule. Amongst the endless reading, doing homework and studying for tests, I have to set up group meetings to finish the above case assignments as well as start planning for some projects that are coming due in November and December. And if you thought that was not complex enough, wait until I tell you how much school I’ll be missing. If you are recruiting (for public accounting) in the fall, you can expect to miss about a week of school going to office visits (which, if you’re reading this, you are ahead of the curve and will have your pick of office visits to attend). For me, I will be attending office visits Nov. 1 through Nov. 5.

If there is a silver lining about this schedule, you will notice there is one day of the workweek that is missing. FRIDAY! Continue reading School: The To-Do List that Never Ends

Civic Duties of an MPA Student

by Paul Nabhan

GO VOTE!

 

Election day is right around the corner. With such political turbulence best compared to that which was accumulating during Antebellum, and with more opportunities to vote than before, it is essential to go make your voice heard.

First, though, some quick notes.

Congratulations to the Texas Rangers

The Texas Rangers advanced to the World Series for the first time in franchise history on Friday.
The Texas Rangers advanced to the World Series for the first time in franchise history on Friday.

I admit that I do not follow baseball as closely as football or basketball; however, what an amazing achievement it is for this year’s Texas Rangers to reach the World Series for the first time in franchise history! (Against the New York Yankees, no less.) Congratulations, and I look forward to supporting the Rangers starting Wednesday.

Happy Belated Birthday to Coach John Wooden
Coach John Wooden of UCLA passed away during the summer at the age of 99; he would have turned 100 on October 14. Some of his achievements you’ll find in an almanac–such as seven consecutive NCAA championships. Nevertheless, his greatest achievements are probably off the record. Wooden’s character and discipline were of epic proportion; known for his proverbs (“Woodenisms”) and his Pyramid of Success, Coach never swore and would take the time to teach his players to put their socks on correctly on the first day of practice every year.

His example that character and discipline was indeed good enough to win championships–and in unprecedented fashion–serves as a model and is the reason that I revere and respect Wooden so long after he last coached a game.

Still Undecided on a FAS of the Week Segment
Still no decision on this yet, but it doesn’t seem like there’s a lot of hype out there for it anyway.

Anyway, onto the mid-term elections. Continue reading Civic Duties of an MPA Student

New York, Atlanta and Austin in a Week….

by Riny Varghese
It has been hectic this week. The fall season is really busy with recruiting and school, and learning to maintain a balance between the two is critical to maintaining a level of sanity! For me, there is an additional factor–my 8-month-old son, Karthik. It is pretty challenging to find time to spend with him in the middle of all the other commitments I have. But I love my life! I feel so lucky to have these great opportunities and have a great support system (my family) to help me get through it all.

Okay, so what have I been up to?  Well, Karthik wakes up at 6-ish every day, and so my husband Suresh and I now find that we change our sleeping habits so that they go (kinda) with his. That means going to bed at about 11 PM and waking up at 5 AM-ish.  I usually do school work before I head to class.

Times Square
Times Square

So that was how my Monday morning began. Nothing out of the ordinary. After class was over at 3:30 PM, though, my week took a turn. I flew to New York for an interview on Tuesday. Got back Tuesday night. Woke up 4 AM on Wednesday morning (had some stuff to turn in), had classes till 3:30 PM. Then flew out again (to Atlanta) for another interview. I got back last night, and passed out on the couch.

Boy, I am glad it’s the weekend. I am definitely going to spend the day with my family. And dinner is going to be a great homecooked meal–my husband really deserves it!

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