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re: Random Money/Business/Finance Thoughts Thread

Posted on 5/25/11 at 11:07 pm to
Posted by LSUlunatic
Member since Dec 2006
6833 posts
Posted on 5/25/11 at 11:07 pm to
Pretty indifferent as far as location


FWIW, Thanks for all of the advice
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 5/25/11 at 11:10 pm to
A MACC will land you with WAY more accounting possibilities and teach you more information to prepare you for the CPA exam than the LSUIDL.

IDL is just great because it is so damn cheap.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/25/11 at 11:11 pm to
Alright. Generally speaking, your options fall into a couple of categories:

A) B4
B) Regional/local audit or tax or advisory
C) local tax
D) Big corp cost or tax or IA
E) Local corp cost or bookkeeping

If you want to work at A, B, or D, you need to go to a MACC to be able to get interviews. If you are cool with C or E, you can probably manage that without going through a MACC and just doing your own digging.
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 5/25/11 at 11:12 pm to
Ditto. Campus recruiting is a must for a,b,d.
Posted by LSUlunatic
Member since Dec 2006
6833 posts
Posted on 5/25/11 at 11:19 pm to
quote:

A MACC will land you with WAY more accounting possibilities and teach you more information to prepare you for the CPA exam than the LSUIDL.

quote:

If you want to work at A, B, or D, you need to go to a MACC to be able to get interviews.

Wow. Not the answer I expected or wanted to hear. I had planned on enrolling in IDL and networking my way to a fulltime B4 position. Turns out my assumptions and plans were a little off.

One more question: Suppose I get my MACC in Mississippi. Will that decrease my chances of landing a job in LA?
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 5/25/11 at 11:21 pm to
quote:

Wow. Not the answer I expected or wanted to hear. I had planned on enrolling in IDL and networking my way to a fulltime B4 position. Turns out my assumptions and plans were a little off.


B4 is almost solely through campus hires. The only way to get an interview otherwise is if you have a major in (like partner level).

quote:

One more question: Suppose I get my MACC in Mississippi. Will that decrease my chances of landing a job in LA?


Yes. For example, at Ole Miss Memphis and Jackson recruit it hard. You could ask them to contact a LA office for you but they are not always willing. In some cases, it can be the difference between you getting an offer or not for the city recruiting you. They want people that want to live in their city.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/25/11 at 11:28 pm to
If you want to work for a B4 in BR or NOLA, you need to go to LSU or UNO (or Tulane) and do a MACC. Bottom line man.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/25/11 at 11:58 pm to



Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 5/26/11 at 12:15 pm to
Google Wallet moving forward:

LINK

If Google gets a 6-12 mo. or so jump start on Apple with this functionality, I could see it bringing Android devices more switchover business.

When Consumer A sees Consumer B ahead of him in line use his phone as a quick and easy payment method, he will want the same. The "visibility" of this application, apart from just its functionality, are what will drive consumers to it, in my opinion.
Posted by LSUlunatic
Member since Dec 2006
6833 posts
Posted on 5/26/11 at 1:51 pm to
Another question:

Is there anything I can be doing now to prepare for full-time interviews in the fall? For instance, would it be helpful to start practicing some form of case studies?
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/26/11 at 2:10 pm to
I mean it wouldn't hurt, but I doubt you will encounter that.
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 5/26/11 at 2:19 pm to
I'm on my phone but I'll give a longer answer later.

You probably won't have case studies for an audit or tax position. Only advisory or consulting does that.

Read an interview book and know how to answer questions like:

Name a time when you were proactive
Tell me a time you worked in a group
Tell me a tough situation you faced, what you did, and what came of it
How do you define success?
What is greatest failure. What did you learn from it?
What would your friends say about you?
Define yourself in 3 words
"walk me through your resume"
.
.
.

The list continues....these are quick one to think about that popped into my head
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 5/26/11 at 2:22 pm to
Creating a rapport and being confident gets you 85% of the way. A truer statement could not be said.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/26/11 at 2:26 pm to
Yeah do what he said.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26655 posts
Posted on 5/26/11 at 5:37 pm to
quote:

RedStickBR


Hey, I'll be back in Nashville full-time in early July. LSU throwdown in Memphis..
Posted by Volfan996
Knoxville, TN
Member since Oct 2009
96 posts
Posted on 5/26/11 at 5:48 pm to
About to start looking for a book/studying for the GRE. Haven't taken a standardized test since the ACT 5 years ago (made a 29).

Is it hard?

how much time should i study for it?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/26/11 at 5:50 pm to
Why the GRE?
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26655 posts
Posted on 5/26/11 at 5:53 pm to
It's not hard relative to the GMAT or the LSAT, that's for damn sure.
Posted by Volfan996
Knoxville, TN
Member since Oct 2009
96 posts
Posted on 5/26/11 at 5:56 pm to
I have heard it is a glorified SAT. What I am really trying to figure out is if I can get by with studying for 3 weeks or if it is like the LSAT and requires much more preparation. I took the practice LSAT at UT and did fairly well on only 4 weeks of moderate preparation, but it was only the practice.

quote:

why the gre?


grad school at UT, M.P.A
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/26/11 at 6:16 pm to
Never took the GRE, but it's supposed to be the GMAT without the hard quant (read the only hard part).

Just a question: what do you want to do with an MPA?
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