Education & Careers news

Education & Careers

Yale wins MBA Challenge

Remember the old College Bowl? If you're too young for that, perhaps you remember academic challenges on your high school or college campuses. CNBC News is sponsoring a new kind of contest – the Fast Money MBA Challenge.MBA students from eight of the top 20 business schools, as ranked by U.S.
Education & Careers

AICPA names 2006 Elijah Watt Sells Award winners

The American Institute of Certified Public Accountants (AICPA) has announced the winners of the 2006 Elijah Watt Sells Awards. The award is presented annually to the 10 candidates earning the highest cumulative scores on the four sections of the Uniform CPA Examination.
Technology

Lights! Camera! Online video is revolutionizing how companies recruit

New Yorkers braved the heat one day last week to take advantage of the opportunity to record free online video resumes, when the world's first career TV-website, CareerTV.com, launched big in Times Square."It felt a bit weird doing it.
Education & Careers

Who's teaching today's kids to balance their bank account?

Summer is almost over and parents should be worried, not about back-to-school shopping, but whether or not their children are learning how to budget, save and invest in their futures. A survey released by Visa showed that only 5 percent of adults learned about the vital life skill of money management in elementary or high school - a surprisingly low number.The Visa survey of 1,000 cardholders also found that less than half of people (48 percent) learned about money management from their parents while 41 percent were self-taught or learned the hard way.
Education & Careers

New online governmental accounting certificate program addresses demand for financial workers

A new online governmental accounting certificate program was developed collaboratively by the University of Georgia Center for Continuing Education and the Carl Vinson Institute of Government. The program was created to address the growing demand and shortage of financial workers.The "demand for accountants has exploded," according to Charles Ingersoll, principal at Korn/Ferry International, a recruiting and staffing firm, in a recent Washington Post article.
Education & Careers

Starting accounting salaries rise 2.3 percent

Employers continue to offer higher starting salaries to new college graduates across many disciplines, according to the Summer 2007 issue of Salary Survey, a quarterly report published by the National Association of Colleges and Employers (NACE). "This continues the positive trend reported in the Winter and Spring issues of Salary Survey," said Marilyn Mackes, NACE executive director. "The increased hiring of new college graduates as reported in the NACE Job Outlook 2007 Spring Update survey is translating into even higher average starting salary offers," she added.
Technology

Brush up your PowerPoint skills for college applications

Launching what might become a national trend, the University of Chicago's Graduate School of Business is now requiring new applicants to submit a PowerPoint presentation in addition to the traditional application, transcripts, and test scores.The reason for requiring the PowerPoint slides goes beyond the fact that Microsoft's presentation program is a software standard in boardrooms across America. U of C Associate Dean Rose Martinelli explains that the slide presentation is designed to give students an opportunity to show their creative side to the admissions committee.
Education & Careers

Stretching "Business Casual" to its limits

With the dog days of summer comes a hot-weather interpretation of "business casual" at some offices: midriff-baring tops and mini skirts on women and flip-flops and T-shirts on men.After more than a decade of business casual dress codes at most accounting firms and other companies, employers are starting to wonder how they got to this point.
Education & Careers

Interview techniques: You are what you eat!

Busy professionals often schedule potential new hire interviews during meals because it is the best time to bring people together, but also because the dinner or lunch interview presents an opportunity to evaluate how a candidate handles herself or himself in a social situation. The ability to combine social and business skills is especially important when the position requires entertaining clients or conducting business at meals away from the office.
Education & Careers

Top business schools - does it matter where you attend?

The university a new accounting graduate attended can catch an employer's attention, but it may not guarantee a job offer, according to a new survey. Chief financial officers polled recently were split regarding how much weight the prestige of a candidate's alma mater should be given in hiring decisions.
Education & Careers

House votes to change student aid

On Wednesday, the U.S. House of Representatives voted to cut $19 billion in federal subsidies to student lenders over five years, and increase grants for needy students and cut interest rates in half on federally backed loans with the savings. The bill passed, 273-149, with 47 Republicans joining Democrats. While it appears that President George W. Bush opposes some elements of this bill, it is likely that some overhaul of student aid will become law before the end of the year.
Education & Careers

NSA Scholarship Foundation awards 35 scholarships

Since 1969, the National Society of Accountants (NSA) Scholarship Foundation has provided nearly one million dollars to deserving undergraduate and graduate students who are committed to pursuing a career in accounting, helping to develop more qualified young accountants. This year, 35 students will receive scholarships ranging from $500 - $2,000.
Education & Careers

Job market great for accounting grads

The Washington Post is reporting this week that the job market has never looked better for accounting graduates. Citing increased scrutiny of public companies by the PCAOB and the SEC and the impending retirement of thousands of baby boomers from the workforce, it appears that there is no immediate end in site to the demand for accountants.A recent report by the Greater Washington Board of Trade in Washington, D.C., indicated that colleges and universities are unable to keep up with demand.
Tax

Maine governor breaks new ground with student tax credits

The state of Maine has raised the bar when it comes to college tax credits.
Education & Careers

Tax Analysts to provide free resources to accounting professors and students

Tax Analysts, a non-profit pubic service organization that provides in-depth tax information resources for tax professionals, has announced it is making its news and research products available at no charge to accounting, law, and economics professors and their students.The purpose of Tax Analysts Campus (Tax Analysts’ complimentary educational Web access program) is to provide professors an opportunity to teach with, and students to learn with, Tax Analysts’ news and research products.
Education & Careers

Summer interns can earn instant jobs in growth industries

Many college students spend their senior year sending out a massive number of resumes, going to frequent interviews and anxiously hoping that they will receive a job offer before graduation. But there are some lucky students who manage to avoid this mess. Matt Raymond-Ihle just graduated from the University of Illinois at Urbana-Champaign. He spent his last year stress free, knowing he already had a job lined up after graduation. "It made senior year a blast," Raymond-Ihle said.
Education & Careers

Discriminatory practices mar student loan programs

New York Attorney General Andrew Cuomo is taking aim at non-federal student loan programs that he claims might be engaged in discriminatory practices. "There are civil rights and legal ramifications," Cuomo was quoted as saying in an article that appeared in The Wall Street Journal.
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.

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