Students from Texas A&M’s Mays Business School scored the highest overall pass rate in the state on the CPA exam at 73.2 percent, according to recently released statistics from the Texas State Board of Public Accountancy. This overall pass rate nationwide is less than 44 percent while the average pass rate in Texas is 54.8 percent.
This information is from the July/August 2007 test period (the four sections of the test are offered quarterly) and reflects all three test periods already administered this year. The Mays students’ pass rate of 73.2 percent is an improvement of almost ten percent from last year during this period.
“It is very important to our employers to have their new staff finished or nearly finished with the exam before starting work,” said Jim Benjamin, head of the Department of Accounting at Mays. “Since many new hires have not completed the exam, this gives many A&M graduates an early career advantage over others.”
Benjamin attributes this increase in success on the exam to the school’s curriculum, which is structured to include time to prepare for the exam. Also, many students participate in a formal review course prior to taking the exam.
“Our student success on the exam suggests that they are well prepared and highly motivated,” said Benjamin.