| Foundation
Notes — College of Business |
| The National
Science Foundation recently awarded a $600,000 grant to the
MSU College of Business Center for Entrepreneurship for the
New West and its two Bozeman-based partners, TechRanch and TechLink.
The Center will receive $116,500, with the balance of the grant
going to the other two businesses. The program partners resources
and students from the college with entrepreneurs and resources
at TechRanch and TechLink. The students help the entrepreneurs,
who could significantly contribute to the economic development
of Montana, with research and marketing skills while this educational
framework provides an outstanding learning experience for the
MSU-Bozeman students. |
| "We are
honored that the National Science Foundation has found our program
in entrepreneurship worthy of funding. This is one of the most
prestigious federal funding agencies and their standards are
very, very high," said Richard Semenik, dean of the College
of Business. |
| MSU accounting
students did it again. On the May 2002 CPA exam, 78.1 percent
of the College of Business accounting students passed the entire
test on the first try. This is significantly higher than the
national average of about 15 percent. |
| Of
the 32 students who took the exam this year, 25
passed the test completely, while the other seven
passed two or three parts, which means they will
only have to take a portion of the test again. Many
of the students commented to their advisors that
in comparing notes with other schools, they felt
more prepared and confident taking the test. |
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| From
1982-2000, MSU students have been ranked 14 times
in the top 10 schools in the nation for a first-time
pass rate. This includes seven years of being ranked
in the top three. In 1991, 1995 and 1996, the MSU
students had the top pass rate in the nation. |
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Gil
Crain (center), associate professor of accounting,
and some of his students were featured in
the July 2002 Governmental Accounting Standards
Series publication.
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| Carrie
Hageman, a 2001 MPAc graduate, had the highest CPA
exam score in Montana in May 2001. |
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| The success
of the MSU students was reported in the August/September 2002
publication of the Montana Society of Certified Public Accountants.
The article touted the excellence of the students: "This success
is not new to MSU students. The College of Business has a long
history of consistently having one of the highest CPA pass rates
in the nation according to the National Association of State
Boards of Accountancy, which compiles and publishes pass rates
by universities each year." Read the story at www.mscpa.org/associations/744/LineItemsforWebsite%2Epdf
(page 14). |
| MSU accounting
students continue to find excellent career opportunities. Approximately
65 percent of the students begin their careers with national
and international public accounting firms. Congratulations to
all of the accounting students and accounting faculty who worked
hard for this honor. |
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