University of Tennessee.
Inside AIM.
April 2014

Leadership for AIM Changing

Effective January 1, 2014, the UT College of Business Administration restructured leadership for its executive-level programs and Department of Accounting and Information Management (AIM).

Behn Bruce Behn, Deloitte LLP Professor and faculty fellow in the college's Center for Business and Economic Research, became the associate dean for graduate and executive education. He succeeded Matt Myers, who will become dean at Miami University (Oxford, Ohio) effective July 1, 2014. Behn is responsible for all non-degree executive education programs, executive-level MBA degree programs, and non-executive-level graduate-level programs, including the full-time MBA and specialized masters in accounting, business analytics, economics, and human resource management.

To accept this position, Behn stepped down as head of the college’s Department of Accounting and Information Management. AIM was honored to have him serve as head since April 2012. His contributions to the department extend well beyond his tenure as department head, however. He is an acclaimed researcher, teacher, and professional. We are grateful for his dedication and contributions to the department since 1994. We wish him the best of luck in his new role as associate dean for graduate and executive education.

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CPA Passage Rates: UT Students Rank Among Top Universities

The National Association of State Boards of Accountancy (NASBA) released the 2013 CPA examination passage rates for all universities across the United States, noting that the University of Tennessee, Knoxville’s first-time candidates earned the 8th highest passage rate among all large, public universities. Our students earned the 11th highest passage rate among 262 large universities (public and private). Compared to all 787 universities – small and large, public and private – UT ranked 26th. Over the past five years, UT has risen in the rankings from 27th to 8th among all large, public universities. These impressive rankings are a testament to the hard work of our faculty and students. We are very pleased that our curriculum not only prepares students for successful entry into the profession, but also for successful completion of the CPA examination.

Beta Alpha Psi Takes Annual New York City Trip

Beta Alpha Psi NYC Trip

Each spring, a group of Beta Alpha Psi students travel to New York City to gain exposure to opportunities in the accounting industry and experience the culture of the city. Deborah Swanquist, Beta Alpha Psi faculty advisor, led a group of 20 students around the city from March 1 through March 4. Quinn Swanquist, doctoral student, and Izabela VanDeest, AIM faculty, also served as chaperones.

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2014 MAcc International Trip Set for May in Budapest

The Master of Accountancy (MAcc) program hosts an optional international trip for students every May. The AIM department is excited to announce that this year’s trip location is Budapest, Hungary. A group of 21 MAcc students will travel from May 10 through 17. Four Beta Alpha Psi (BAP) members will also be traveling with the group, as the department opens the trip to BAP members if additional slots are available.

Priscilla Wisner, AIM faculty member, has planned a unique itinerary that combines educational and cultural activities. The group plans to visit the Budapest Stock Exchange, Citibank, IKEA, an accounting firm, and the U.S. Embassy of Commercial Services. Other planned events include factory visits, an afternoon tour of the town of Szentendre (a baroque era picturesque village in the Danube Bend river region), and a Danube River boat tour. Other faculty members serving as chaperones this year are James Chyz, Vicki Mayfield, and Izabela VanDeest.

We wish our faculty and students safe travels and an exciting, enlightening trip. Pictures will certainly follow.

Upcoming AIM Academy to Target Diversity

Currently, the accounting profession is experiencing a shortage of ethnically diverse CPAs in the industry. Through various interactions with all of our professional partners, we have identified, recognized, and supported strategies and efforts within the College of Business Administration, our department, and the profession that are dedicated to achieving diversity.

We believe the success of the profession depends on attracting diverse students into accounting as a major. To attract this diverse group of students to our undergraduate accounting program, we have designed a four-day summer program geared at diverse high school students.

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Message from the Department Head

Carcello After serving over 20 years on the faculty of the Department of Accounting and Information Management (AIM), I am honored to have been selected as the new department head. I follow a long line of distinguished department heads, including Jack Kiger, Jan Williams, Keith Stanga, Dan Murphy, and Bruce Behn. I look forward to working with Anita Hollander, the assistant department head, our faculty and staff, colleagues, students, alums, and friends to make AIM among the premier departments of accounting and information management in the nation.

As I begin my service, I have thought a lot about the values that characterize AIM. In my view, AIM exists to provide educational programs that will lead to a better quality of life for our students. If you are reading this e-newsletter, you are likely someone who has benefitted from that commitment.

We have a lot to be proud of in AIM. We have simply amazing students – in my mind competitive with students from the very best universities in the country. The quality of our students is evidenced by their incoming test scores, high school GPAs, and myriad of extracurricular and leadership activities. These great students are taught by great faculty – faculty who are leaders in their fields and who are passionately committed to excellence in teaching. Our faculty have advised and testified before regulatory agencies, Congressional committees, and other federal and state agencies. They also have taught and consulted for Big 4 accounting firms, regional and local firms, and corporations. Finally, these great students, taught by great faculty, complete a rigorous and market-responsive curriculum. I am particularly proud of our tax concentration in the Master of Accountancy (MAcc) program and the significant systems exposure that our assurance students receive. When you start with great students and put them through a great program taught by great faculty you get outputs such as the following:

• CPA exam results for 2013 indicated that our students finished 8th in the nation among all large, public universities.
• Over the last eight years, among large, public universities, our students were in the top three in the nation based on their improvement in performance on the CPA exam.

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College of Business Administration
Department of Accounting and Information Management
629 Stokely Management Center
Knoxville, TN 37996-0184
Phone: 865-974-1757
Big Orange. Big Ideas.