Currently I am a deferred analyst in one of the BB (thins CS and UBS) until next year. So I am drawing up a backup plan to get 150 hours of accounting for the CPA, and maybe a career switch.
I live in NYC so Baruch is cheaper and convenient, but Texas is the number one in accounting. Can anyone give advice on which to attend once accepted? And keep in mind I still want a career in the northeast, so which school will offer the best career path for that?
There's a forum called 'Business School Barrage'. I think your question would be more appropriate there, friend.
Dude, no brainer: UT all the way. Great program, watch Colt McCoy play in the greatest quarterback class in Big 12 history, & hands down the highest per capita concentration of hot chicks in the US. If you've already got a job for next year it shouldn't matter where you end up. Hook em' horns.
Agree, this is a no brainer, but isn't it already WAY past the application deadline?
baruch might not be the best option, but if you are interested in pursuing big 4, school prestige does not matter as much. They recruit heavily at lots of schools, and if you are at one of them, you might as well be at Stern or Wharton. look in to whether baruch is one of these schools, and if it is, no reason to waste the $ going to texas. Its best to stick in NY for recruiting reasons anyhow, as my understanding is that big 4 recruits regionally, so they will recruit for SW offices in Texas, but NE at Baruch/Pace/rutgers/etc
Hands down UT. Always 1 or 2 in MACC. I saw one ranking that had UT as the top ug accounting program, top MACC and one of the best MBA programs for acctg concentration.
Plus, I used to party on 6th street in Austin. Would you rather hang out with a bunch of hippies at Baruch or some of the hottest, blondest, drunkest women in the world at UT?
You know the answer to that question.
This is a no brainer. Baruch has a very well respected accounting program, it is known for that. I have many friends that went to Baruch for accounting and they ALL ended up in the Big 4 firms, they recruit there like crazy. It is a very cheap school and has a decent accounting alumni network. PS I've never seen any hippies there, you must be referring to NYU.
Check this out:
http://www.docstoc.com/docs/7471/Public-Accounting-Report
UT is # 1 in UG, MACC & PhD! Baruch is not even ranked.
Baruch is a local NYC school, it is a major target school for the BIG 4. If the OP wants to stay in NYC for his career, I dont see how he wouldn't be able to do it by getting his degree in Baruch.
Accounting is not like banking, rankings and pedigree mean shit in getting the job. Go to the cheapest school that is recruited and where you would like to work. I have friends from Wharton that are working in big 4, and they get paid no more than the guy in the cube next to them that paid 1/20 for their degree and went to CUNY.
Well-said. UT Austin's got a great accounting program. But remember, accounting is not like banking as yusucks said.
...but firms like Blackstone, DE Shaw, Evercore, Greenhill, Lazard, GS, MS, JPM and every other investment bank, etc. recruit at UT Austin for every front office position in every major city out of the Accounting program on even ground with the finance undergrads.
Watch out when looking for advice on these boards because most people here are not even seniors in college and have no clue what they are talking about.
Hmm, yeah valid. We'll I say move to Austin anyway take come cont. ed classes party it up for a year before living in some office park for the next two years. Hook em' horns.
Thanks guys for the great advices, hopefully my offer from UBS pulls through next year so I wouldn't need to worry about attending which school of MS Accounting.
I know it's too late for admission the upcoming fall. I am applying for Fall of 2010.
Half the the kids in that program are McCombs undergrad accounting getting their hours for CPA's, I might I add some great looking young ladies in that program as well. Its pretty rare kids go in there for IBD placement. So 20 out of 300 sounds right.
Hey Humble_Dude, No one wanting to get into investment banking will want to enter the five-year integrated MPA program when they can do a four-year finance program instead. The 200+ students in that program do it because it is (one of) the best accounting program in the country and they want to work in accounting. They do the five-years so they can get their 150 credit hours required for the CPA exam.
The 100 or so students in the Traditional MPA program (which would be your case) go there because:
40% of them are accounting undergrads and need 150 credit hours for the CPA and this program all but guarantees placement in the BIG 4.
60% are career/major changers and want to get into accounting because of the high paying/secure(low layoff) career that it offers.
Not many people in that program want to do investment banking. And those that do want to do it are usually not qualified enough to land such a position.
If you have a good GPA, internships (hopefully finance), and good extracurriculars then you can land a job in banking (actually I only had one of those three and still landed a position at a BB), but the easier route would be to apply for SA positions, since it is a 12 to 18 month program. That way you do your SA, graduate in the Fall and have 6 months of vacation before you start working full-time.
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