Education & Careers news May 2007

Community News

Tofias PC inducted into Junior Achievement Hall of Fame

Tofias PC, New England’s leading accounting and consulting firm, is pleased to announce that Tofias has been inducted into the Junior Achievement of Eastern Massachusetts 2007 Business Hall of Fame. A formal induction ceremony was held at Junior Achievement’s Annual Gala at the Westin Copley Hotel in Boston on Wednesday, May 16th which featured James Earl Jones as the evening’s key note speaker. Companies were chosen for induction based on excellence in three key areas: 1. Success in the free enterprise system 2. Proven commitment to the community, especially youth 3.
Education & Careers

Kansas State chair earns AICPA award

Dan S. Deines, Ph.D., CPA, the Ralph Crouch KPMG Chair in Accounting at Kansas State University, is the 2007 recipient of the Distinguished Achievement in Accounting Education Award from the American Institute of Certified Public Accountants (AICPA). Jimmy Williamson, AICPA Chair, presented the award at the spring meeting of the Institute’s governing Council, which began today in Washington, DC.“The future of our profession is largely built on the quality of the young people who join us,” Williamson said.
Education & Careers

Google Tops Among MBAs' Favorite Employers

Google took the top spot of Fortune magazine's annual survey of MBA students' favorite companies to work for. Google knocked McKinsey from its 2006 top spot into the second position. Twenty-one percent of the students ranked Google in their top five. The top 10 favorite companies to work for according to the survey of MBA students are:1. Google2. McKinsey & Company 3. Goldman Sachs 4. Bain & Company5. Boston Consulting Group6. Apple 7. Microsoft 8. General Electric 9. Nike10.
Education & Careers

House Bans Student Loan Gifts to Schools

The House of Representatives voted overwhelmingly Wednesday to ban gifts and payments by student loan companies to universities, showing bipartisan resolve to clean up the $85 billion industry.
Education & Careers

MBA Students Expect Low Accounting Pay

MBA students expect the lowest pay from the auditing, accounting and tax sector, according to a survey by Fortune magazine. Five thousand MBA students said expect to be paid a base salary of $63,695 one year after graduation in the combined category of "auditing/accounting/taxation." After five years, the same students expect to earn $111,135.The accounting sector received the lowest expectations of the 47 sectors surveyed. The next lowest expectation was academic research, at $77,859 one year after graduation and $132,282 after five years.
Community News

Deloitte & Touche Mentors Chicago-area Students

Deloitte & Touche teamed up with the Chicago Public Schools to sponsor a mentoring program aimed at developing the skills of Chicago-area students pursuing careers in accounting, business, ethics and finance. More than 100 Deloitte employees were to venture outside their offices to serve as guest teachers to 1,200 students.