Everything you wanted to know or should know about accounting

<p>Dawgie states,"Pierre: You have 1,085 posts, you still haven’t figured it out yet?</p>

<p>“Companies recruit from lesser/lower tier schools”.
UT Austin: MANY Big 4 offers
No name school: FEW Big 4 offers</p>

<p>Response: hmm, I am going to take a huge flying assumptive leap: If there are only 4 big four companies, don’t they only need one recruiter from each of the big four? Thus, whether there are 30 recruiters from the Big 4 or four, it seems that kids can get jobs at all of the big four firms.</p>

<p>Moreover, I can’t dispute what you are saying regarding every school since it is a broad based, general statement, but my experience is a bit different. I did NOT attend a top ranked, accounting program, although it was considered to have a very good program in NY. Yet, I got multiple job offers as did everyone I knew who majored in accounting. </p>

<p>Again, this was many years ago , and I don’t know what is occuring today;however, I would doubt that there are many differences in where companies recruit from.</p>

<p>You can’t even be a custodian at PWC unless you went to HYP and majored in engineering.</p>

<p>@DAWGIE</p>

<p>from what you are saying, you make it seem like the only way you will get a job is to go to a TOP ranked school. That is just untrue. </p>

<p>People hardly get hired by the Big 4, according to bauers site, they send the same amount of grads as UT to the big 4. </p>

<p>like what @taxguy said, he didnt go to a top ranked school; although it was considered a good program in NY. Just like UH and Techs Business schools are respected in Texas.</p>

<p>Dawgie how would you know about campus recruiting, if you’ve never been to a lower tier school? you wouldnt. Im pretty sure if you have good stats and you go to a good business school like rawls or bauer, you will get a good job.(doesnt have to be big 4)</p>

<p>I mean according to this thread, as long as the school has that special accreditation your good.</p>

<p>Houston btw is a large city, im pretty sure they recruit at UH; Even if UT overshadows every school in Texas.</p>

<p>the location of a school has alot to do with whether businesses will recruit at it.</p>

<p>

</p>

<p>But taxguy, your experience proves doggy’s point for him. You had a very strong GPA and didn’t get recruited by a big 8 firm. The same goes for your sons, at least one of whom graduated from the honors program.</p>

<p>@pierrechn: why do people on the internet (like you) always think that they can get away with being wrong by telling the person whom they’re arguing against that they have “no proof” of even the most basic, intuitive, and truthful tenets of their arguments? Show me where it says bauer sends as many as UT to the big 4; it’s probably the same link as the one that says that 90% of CEOs have Accounting Backgrounds.</p>

<p>well thats a claim they make on their site, but i thought that 90% of ceo’s thing was a joke?</p>

<p><a href=“http://www.bauer.uh.edu/Career/[/url]”>http://www.bauer.uh.edu/Career/&lt;/a&gt;&lt;/p&gt;

<p><a href=“http://www.bauer.uh.edu/departments/accy/partners/index.php[/url]”>http://www.bauer.uh.edu/departments/accy/partners/index.php&lt;/a&gt;&lt;/p&gt;

<p>Looks like they have partnerships with all of the Big 4 though.</p>

<p>we all know you have a better shot at a better school, but all of their employees arent from top schools.</p>

<p>How does taxguys post support dawgies post? taxguy said he didnt go to a top ranked school and still got job offers. That supports my post, even if it wasnt from the big 4; he still managed to get job offers.(which is my point, just because your at a low tier school, doesnt mean you want get a job) </p>

<p>Dawgie stated that on campus recruitment is weak at low tier schools, if he didnt go to a low tier school how would he know?</p>

<p>Of course the school name matters, but just because its a low tier school doesnt mean its BAD. Ask yourself what does “tier 1” mean again?</p>

<p>If I’m not mistaken, UT’s accounting class isn’t that big. Also if the claim by UH is based on a longer time period…say including the period between SarBox and 2007, it’s probably true. When the Big Four were hiring massively, they had to go to other places because UT grads were already tapped out. Even if 75% of UT accounting majors got Big Four jobs, if 20% of a big school’s people did they’d still provide more. My guess is that as better offers for UT grads disappeared(IB), even more will be going to Big Four while less from elsewhere will go with them(like UH). So that claim is probably out of date but true at some point recently. </p>

<p>Also, MIS hires could be included for consideration. I don’t think UT’s advantage is so overwhelming there, or if MIS grads get better jobs than Big Four Advisory out of UT.</p>

<p>What are some good business schools in massachusetts that offer a masters in accounting?
I wish to work there, and the general consensus here is that local firms hire from local unis unless your undergrad is from a top school (my undergrad isn’t =() So it looks like I will probably get a masters in accounting rather than double major.</p>

<p>Bentley is very good.</p>

<p>This is so ridiculous, I can’t believe I need to further explain the damn obvious. To your whole post pierrechn, maybe I didn’t make this clear enough. Stop putting words in my mouth, I never said there was no way you can’t get a job. I said the campus recruiting is weak/weaker than a top ranked school (DURR stop arguing the obvious). </p>

<p>The whole point of post was to clarify this ■■■■■■■■ reasoning or counter argument that you and quite frankly 95% of people who went to low ranked schools say. “Oh they recruit at “X” average SAT 1200 school look.” My whole POST was saying, ok what’s your point? In a given area, say Boston for example. Let’s say you went to Suffolk or Umass boston. Ok they recruit there, they also recruit from Bentley/Northeastern. What’s the numbers? From what I saw, almost 35% Bentley 60% Northeastern and 3-6% for Suffolk or Umass Boston. Your whole post about “Look they recruit there” means absolutely nothing. Why did I have to give you an example and breakout for you to even understand this?</p>

<p>tax guy your reply has no relevance to what I was saying about companies taking a bigger amount of students from UT Austin vs a low ranked school, sorry.</p>

<p>Also if you want to know how I know lower ranked schools don’t get as strong recruiting. The reason is because I’ve went to 3 different undergrad schools, I have done a lot of transferring so I know. My last school, probably tier 2 but better than most of the crap schools people go to (Not Ivy/Top State School), had relatively good campus recruiting which landed me multiple offers. If I was at a top school say Notre Dame or UT Austin, it would have been even EASIER.</p>

<p>lol you know your stuff, why did you go to 3 different schools?</p>

<p>You could go to ten different schools and still realize that while UT sends 70%+ of its students to Big Four, most places obviously don’t…</p>

<p>Some of you said that Big 4 don’t recruit to nameless schools but I know that some Big 4 ask students to email their resume if the recruiters do not come to their school.</p>

<p>Have any of you heard of Luther College? It is a small liberal art college in Iowa. Deloitte and Ernst & Young recruit there.Luther is not HYP , but the students who go there have the same shot as the HYP alumni. This might be an exception to the rules according to your high standards folks, but not being in a Top school does not automatically cut your chance of getting offers from a Big 4</p>

<p>if Ut sends 70% of their kids to the big 4; the number 1 b school must send 100% lmao.</p>

<p>speak the truth @thesurvivor</p>

<p>Is the following overly ambitious?Goals to work at the Big Four or Fortune 500. I want to get a BBA in Accounting with a Specialization in Information Technology. I want to get a Masters in Accounting to write my CPA. If I get my CPA I want to be CFO. But if not I want to get my CMA. With my CMA I want to work as a tax accountant or audit and work as an a Computer and Information System Manager. How can I achieve these goals? I both want to do Accounting and IT, but am unsure if I can do both if I don’t become CPA.</p>

<p>How can I be more competitive and elite in college if I wasn’t exceptional in high school (I didn’t get a 28+ on ACT or achieve a 3.9)? How can I improve my focus on my goals? I wasn’t 100% focused in high school, therefore the lackluster performance. How do I manage the extracurriculars, work, and school (I need a 3.5)? How can I earn more scholarship and internships? How can I improve my LEADERSHIP SKILLS? Thanks!</p>

<p>UT MPA stats: </p>

<p><a href=“http://www.mccombs.utexas.edu/career/employers/2008%20MPA%20Salary7-10-08.pdf[/url]”>http://www.mccombs.utexas.edu/career/employers/2008%20MPA%20Salary7-10-08.pdf&lt;/a&gt;&lt;/p&gt;

<p>Not sure what Pierre is talking about…UT is #1 in accounting…top B schools aren’t oriented to the Big Four or accounting, but rather to IB and management consulting…</p>

<p>Didnt realize UT had the number 1 accounting program, that 70% is somewhat believable.</p>

<p>also i was referring to the number 1 Business school; i wasnt referring to specific programs.(kind of ironic though lol)</p>

<p>@starstruck</p>

<p>learn from your mistakes, you see how not being focused limited your options in HS. Im pretty sure you’ll work a whole lot harder in college.</p>

<p>

The only reason why UT sent only 78% of the class to the Big 4 is that the rest had better offers.</p>

<p>Big Four Firms 78% (167)
Mid Cap and regional CPA firms 8% (18)
Investment Banking and other financial services 7% (14)
Industry 4% (8)
Consulting 3% (6)
Government/Public Sector <1% (1)</p>

<p>Most of the MPA class coming in already had return offer from the Big Four, etc. Big Four recruiting at McComb are usually accompanied by quite a bit of wining and dining.</p>

<p>

Somewhat believable? How can you argue with facts? McCombs sent 80%-79%-78% of their MPA grads to the Big Four in 2006-2007-2008 respectively. And the recruiting was not limited to local/regional offices … many chose to work in NYC, California and Chicago.</p>