You are here: Home / News Release Archives / 2013 / June / Smeal Master of Accounting Program Reports High Graduate Placement Rates

Smeal Master of Accounting Program Reports High Graduate Placement Rates

More than 95 percent of the class of 2013 Integrated Master of Accounting (MAcc) Program students had already accepted a job at the time of graduation, according to program director Benjamin Lansford, clinical assistant professor of accounting.
June 10, 2013

More than 95 percent of the class of 2013 Integrated Master of Accounting (MAcc) Program students had already accepted a job at the time of graduation, according to program director Benjamin Lansford, clinical assistant professor of accounting.

In fact, he said, because most students hold an internship before their fifth and final year in the program, and those internships often lead to job offers, at least 80 percent of students had already accepted a full-time job before entering their final year of study.

“Penn State is a big draw for the Big Four because we’re a one-stop shop. They find that they can recruit here efficiently."

The majority of students are placed at Big Four accounting firms—KPMG, Ernst & Young, Deloitte, and PricewaterhouseCoopers—which recruit heavily at Penn State.

“Penn State is a big draw for the Big Four because we’re a one-stop shop,” said Lansford. “Not only do we have really great accounting students, but they can also look at students from other majors and colleges for positions in consulting, information technology, and finance. They find that they can recruit here efficiently.”

Andres Lee will begin his fifth year of the integrated program this fall and has already accepted a full-time offer with PricewaterhouseCoopers in Philadelphia beginning in the fall of 2014. He held two internships with the company, the second of which was with the assurance group.

“The highlight of that internship came when the senior on my team asked me to crunch some numbers for him. For him to include me and depend on me made me feel like an asset to the team,” said Lee. “In the end, I was offered a full-time position, and I gladly accepted.”

One reason Penn State students do so well in finding jobs is that the rigorous curriculum is tailored toward preparing them to pass their CPA exam, but Penn Staters also have strong interpersonal skills.

“I often hear from recruiters that Penn State students are special because they’re appropriately assertive,” said Lansford. “The trademark of a Penn State student in their internships is that when they’re done with a project, they go ask what they can do next. The firms love that about our students.”

The Integrated MAcc Program is a five-year program, after which students are educationally qualified to take the CPA exam and graduate with both a bachelor’s and master’s degree in accounting. The Smeal College of Business also offers a One-Year MAcc Program for students who already have a bachelor’s degree and want to pursue CPA certification.

Recent News
Price-Fixing Whistleblower and FBI Informant To Deliver Shoemaker Lecture at Penn State 15 Oct

Mark Whitacre, the corporate whistleblower who revealed price fixing at Archer Daniels Midland (ADM) and spent more than eight years in federal prison for tax evasion and fraud, will deliver a lecture entitled “When Good Leaders Lose Their Way” from 6 to 7:15 p.m. on Nov. 6 in 100 Thomas Building on the Penn State University Park campus.

Penn State Executive Programs Receives Gold Award for Junior Achievement Partnership 14 Oct

For its work with Junior Achievement USA, Penn State Executive Programs has won Chief Learning Officer magazine's highest executive education partnership award. The 2014 Gold award for Excellence in Academic Partnerships recognizes academic institutions that have partnered in the past year with an organization to teach its employees about a key business issue.

Urban Outfitters, Inc. Chief Development Officer Discusses Leadership and Challenges, Opportunities in the Fashion Retail Industry 10 Oct

David Ziel, chief development officer of Urban Outfitters, Inc., spoke to a full audience in the Struthers Auditorium of the Business Building today, as part of the college’s Executive Insights series.

Urban Outfitters, Inc. Chief Development Officer David Ziel to Speak at Smeal Leadership Lecture Series 01 Oct

David Ziel, chief development officer of Urban Outfitters, Inc. will share his perspectives on business and leadership with the Penn State Smeal College of Business on Friday, October 10. His visit is part of the college’s Executive Insights series and the Melvin Jacobs Retail Leadership Lecture Series.

Penn State Smeal MBA Students Use Improv Comedy to Enhance Communication Skills 30 Sep

During their two-week orientation to the program, members of the Penn State Smeal MBA Class of 2016 called upon improvisation comedy techniques to improve their communication and networking skills in a session with CSz Business. A new initiative this year, the MBA Improv Communications session offers a number of exercises aimed at improving listening skills, brainstorming techniques, and teamwork.

More Recent News... More Recent News...