BKD, LLP, the 10th largest accounting and advisory firm in the U.S., is continuing a long-established relationship with Mays Business School at Texas A&M University with a recent gift of $25,000. These funds will establish the BKD, LLP Accounting Education Endowment, which will impact several areas of accounting education at Mays.
The purpose of the endowment is to promote awareness of, and enhance the quality of preparation for, public accounting as a profession. Specifically, earnings from the endowment will be used for scholarships, as well as supplementing opportunities for students in the Department of Accounting or the Professional Program in Accounting.
Part of the motivation for this gift is name recognition, says John Steffes ’87, partner in charge of recruiting at BKD’s Houston branch. “The market for recruiting these Professional Program students is very challenging,” he said. “The A&M program puts out high quality students. It’s a very competitive market place.” Steffes said BKD’s gifts are intended to display the firm’s commitment to the accounting department at Mays and to the talented students who are their potential future employees.
“The new endowment commitment is a continuation of the significant support from the partners of BKD over an extended period,” said Professor and Accounting Department Head James Benjamin. “This support has clearly helped accomplish their goal of enhancing accounting education at Texas A&M. I hope that BKD benefits as well as a result of their successful recruiting of our graduates.”
Steffes was unabashed in his praise of the A&M program, saying that the Aggies BKD hire are an important component of the business. “You really only have two assets, your people and your clients,” he said. “Good people bring in good clients.”
“The Professional Program was designed to have exactly what we’re looking for,” said Steffes, who typically recruits students during their junior year. At that time, students can enter an internship program prior to their senior year, then potentially begin working at the firm full-time after graduation. Steffes says that about one-third of his recruits are Aggies, so it makes sense for the firm to invest in the A&M program.
BKD is the top-tier U.S. CPA and advisory firm that delivers its experience and service with a deep understanding of your business, your needs and what it takes to improve your business performance. BKD’s approximately 2,000 personnel, including approximately 250 partners, are based in 32 offices serving clients in 50 states. To learn more, visit www.bkd.com.