Bloch Accounting Program Ranked Among Top 5 in Nation for CPA Pass Rate

The Henry W. Bloch School of Management accounting program CPA pass rate has been ranked among the top 5 in the nation in the category of medium-size programs by the NASBA (National Association of State Boards of Accountancy) CPA Candidate Performance Book. The accounting program’s CPA pass rate among all schools nationwide ranks in the top 25.

CPA exam candidates report their academic affiliation when taking the exam, allowing NASBA to accumulate yearly statistics on candidate performance on the Uniform CPA Examination, and the reported success rate is determined from these pieces of information.

“This is a ranking based purely on students test scores. It reflects the that fact that Bloch students have some of the highest scores in the nation. Our dedicated, quality faculty provide a rigor in our accounting program that prepares students to succeed in this very difficulty field of study,” Georgia Smedley, Ph.D., Accounting Department Chair, said. “The CPA exam is a standard unified exam across the country. It does not vary by state like the Barr exam. Therefore, Bloch students are competing on even ground with students from the best schools in the U.S.

Department of Accountancy Chair Dr. Georgia Smedley talks about the ranking to accounting alumni.

The Bloch School program beat both Georgetown University and Cornell University (at No. 7 and No. 6, respectively) and is in the company of Concordia College (Moorehead), No. 4; Washington University St. Louis, No. 3; Vanderbilt University, No. 2; and the Wharton School of Business at the University of Pennsylvania, at No. 1.

Additional facts about this ranking include:

  • The Bloch School had 57 students take the CPA exam in 2011, a higher number than any of the programs in the top ten (Wharton, for example, only had 34 students able to take the exam).
  • The national average pass rate for the CPA exam is approximately 45%. The average pass rate for Bloch students is 73%.

“This ranking is a very big deal,” Bloch School benefactor Henry W. Bloch said. “The Bloch School is demonstrating national excellence among a very elite group which is a testament to the rigor, quality and outstanding faculty in the accounting department. They are truly dedicated to student success and this ranking proves it.”

This ranking is the latest of many achievements by the Bloch School in the past year, including:

  • The Bloch School’s undergraduate and graduate entrepreneurship programs each moved up in the Princeton review rankings in Sept. 2012, putting them at No. 12 and 19 respectively.
  • Nonprofit management focus in the Master of Public Administration program is ranked No. 15 in the nation by U.S. News & World Report.
  • The brand new Henry W. Bloch Executive Hall for Entrepreneurship and Innovation is scheduled to open in Fall 2013 and will house graduate, executive and entrepreneurship programs.
  • The Bloch School’s Institute for Entrepreneurship and Innovation (IEI) entrepreneurship MBA emphasis is recognized as the 2012 National Model Graduate Entrepreneurship Program by the United States Association for Small Business and Entrepreneurship (USASBE).
  • Driven by research productivity in the Henry W. Bloch School of Management’s Department for Global Entrepreneurship and Innovation and the Institute for Entrepreneurship and Innovation, UMKC was ranked No. 1 in the world for innovation management.

Entrepreneur of the Year Lineup Unveiled

KANSAS CITY, Mo. – The Council for Entrepreneurship and Innovation and the Institute for Entrepreneurship and Innovation at the UMKC Henry W. Bloch School of Management have announced the honorees for the 27th Annual Entrepreneur of the Year Awards celebration.

Dinner chairs for this year’s event are Peter and Michelle deSilva . Pete deSilva president and chief operating officer for UMB Financial.
This year’s honorees are:

International Entrepreneur of the Year: Brian Lamb
, founder and executive chairman of C-SPAN C-SPAN is the American cable network which provides coverage of the U.S. House of Representatives and U.S. Senate as well as other public affairs events Regional Entrepreneur of the Year: John McDonald, founder, Boulevard Brewery.

Founded in 1989, Boulevard Brewing Company has grown to be the largest specialty brewer in the Midwest, with full or partial distribution in 19 states currently.
Marion and John Kreamer Award for Entrepreneurship in Volunteer Community Service: Robert D. Regnier, Victor A. Regnier, and Catherine M. Regnier
Victor and Helen Regnier Family Foundation The dinner will be held on Tuesday, Oct. 16 (location to be announced). Proceeds from the dinner benefit the Bloch School’s Institute for Entrepreneurship and Innovation, one of Kansas City’s premiere resources for educating and creating the next generation of entrepreneurs.

Bloch School Entrepreneurship Programs Climb Princeton Review Rankings

Kansas City, Mo. (September 24, 2012) – The Henry W. Bloch School of Management at the University of Missouri-Kansas City (UMKC) announced today that both their graduate and undergraduate entrepreneurship programs have been ranked among the top 20 in the nation by Princeton Review.

UMKC is among 13 schools in the nation to have both programs ranked in the top 25. The undergraduate program went up two spots on the list, going from No. 14 in 2011 to No. 12 this year. The graduate program went up two spots from No. 21 to No. 19.

The programs are housed in the Bloch School’s Institute for Entrepreneurship and Innovation, which has enjoyed much success over the past few years, including having the M.B.A. in entrepreneurship named the nation’s model program by the United States Association for Small Business and Entrepreneurship (USASBE). See a full list of Bloch School rankings and accolades.

Based on surveys of business school administrators at nearly 2,000 schools about their institution’s entrepreneurship offerings, the annual lists salute 50 programs in all –- 25 undergraduate and 25 graduate – for their excellence in entrepreneurship education. The full lists of ranked schools can be viewed here.

The Princeton Review evaluated the programs based on a wide range of data it annually collects in its institutional surveys for this project. Among the criteria, schools are asked about the levels of their commitment to entrepreneurship inside and outside the classroom, the percentage of their faculty, students, and alumni actively and successfully involved in entrepreneurial endeavors, the number of their mentorship programs, and their funding for scholarships and grants for entrepreneurial studies and projects.

“The Bloch School has become a leader and model in entrepreneurship and innovation teaching, research and venture creation,” Michael Song, Ph.D., executive director of the Institute for Entrepreneurship and Innovation, said. “We teach students through experiential learning that drives them to test their ideas and actually do the things they learn in the classroom.”

“The right education enhances and reinforces curiosity and creative thinking in entrepreneurs,” Amy Cosper, Editor-in-chief of Entrepreneur magazine, said. “This ranking provides a unique look at top schools that offer the type of training, encouragement and direction that nurtures entrepreneurial skills. It’s an excellent resource for those interested in academics as a pathway to their goals, and it can help tremendously in the discovery process to finding the right program.”

Kimberly Young Named Executive Director of Executive M.B.A. Program

The Henry W. Bloch School of Management at the University of Missouri-Kansas City recently announced the appointment of Kimberly Young to the position of executive director for the school’s Executive Master of Business Administration program (Executive M.B.A.).

Young has been at the Bloch School since 2008, when she helped found the Bloch Executive Education Center. She has since served as the center’s executive director, responsible for building relationships with the local community to create mutually valuable partnerships between academe, enterprise, government, and non-profit organizations through non-degree executive education.

Young will manage both roles simultaneously in an effort to synergize the two programs and maximize the impact of executive education at the Bloch School.

“Kimberly has been immensely successful in growing the Bloch Executive Education program, creating purposeful strategy and direction as well as relationships with major clients in the Kansas City region and beyond, including H&R Block, Cerner, Garmin, QuikTrip, and the Nelson Atkins Museum of Art,” Bloch School Dean Teng-Kee Tan said. “We look forward to having her expertise in both the Executive Education and Executive M.B.A. programs.

Young has a B.A. in public policy studies from Duke University and an M.B.A and Master of Management Hospitality from Cornell University.

Prior to her time at the Bloch School, Young worked in multiple industries with clients such as Coca Cola Company, H&R Block, Eli Lilly, Boeing, 3M Corporation, and Sprint.  Young’s expertise is in helping organizations increase top line growth and organize operations to take advantage of technological advancements and market opportunities.

Young was a manager for global consulting firm Ernst & Young (Cap Gemini) and a marketing executive for global management services corporation ARAMARK.

An active member of the Kansas City community, Young serves the community through board service and volunteer work.  She is on the board of directors for the Central Exchange, an organization for women leaders, the Health Care Foundation of Greater Kansas City, and Alphapointe Association. She is also active in the Junior League of Kansas City and is co-chair for the Duke Alumni Club of Kansas City.

Success at Bloch

Young has had a long list of achievements during her tenure at the Bloch School, including:

  • Establishing the Bloch Executive Education Center in 2008 which serves top companies in the Kansas City area and beyond
  • Harnessing the resources of the university to develop relationships with key public, private, and   non-profit clients (more than 25 in total)
  • Achieving 100% client retention year over year for custom corporate programs
  • Launching International Executive Program (established a partnership that will bring approximately 10 overseas delegations per year)
  • Launching International Student Summer Programs
  • Launching Bloch’s first comprehensive Executive Education Center offering public seminars, customized corporate education, and coaching
  • Spearheading the launch of the inaugural class of the Physician’s Leadership Program, a regional certificate for Physicians focused on leadership in the 21st century healthcare environment
  • Spearheading the agreement and partnership between Cerner Corporation and the Bloch School to co-develop and deliver a first of its kind for our region—Certificate in Healthcare Leadership  which includes Cerner Associates and leaders from across the healthcare industry in this region and across the country.

Contact Kimberly Young.

Regnier Gift Puts New Name on Institute

Pictured, from left: Institute Executive Director Michael Song, UMKC Chancellor Leo Morton, Bloch School Dean Teng-Kee Tan, Bloch School benefactor Henry W. Bloch, FAIA ACSA Distinguished Professor Victor Regnier (University of Southern California School of Architecture), Catherine Regnier and President and CEO, Bank of Blue Valley, Robert Regnier.

The University of Missouri-Kansas City and the Henry W. Bloch School of Management have received a $3 million gift from the Regnier Family Foundations to endow the Regnier Institute for Entrepreneurship and Innovation, housed in the Bloch School.
The foundations were established in 1990 by Victor A., Jr., Robert D. and Catherine M. Regnier to honor their parents’ legacy.

“The Institute has demonstrated excellence nationally and globally in business entrepreneurship and innovation. Now UMKC is taking that experience and strategically infusing other schools on campus with an entrepreneurial and innovative mindset,” said Victor Regnier, FAIA ACSA Distinguished Professor at the University of Southern California School of Architecture. “This allows the entrepreneurial spirit of the Bloch School to strengthen all disciplines. Taking an entrepreneurial approach to the application of knowledge and research in engineering, law, performing arts and health sciences is a model from which every university can benefit.”

The Foundations established for Victor L. and Helen Benning Regnier promotes higher education, children’s programs and libraries, primarily in the Kansas City area. The UMKC gift will provide an opportunity for more students to apply to the Institute’s nationally and globally ranked entrepreneurship programs offered through the Bloch School.
The Regniers have been long-time supporters of the Institute, having named the Institute’s Venture Creation Challenge event (Regnier Venture Creation Challenge) with an annual gift in 2007.

The Challenge is designed to encourage student venture creation through a forum in which students can present new venture concepts to local investors, business leaders and entrepreneurs. Throughout the year, UMKC students develop business plans supporting commercialization of high-growth-potential technologies as well as their own original ventures. These student teams compete in the Challenge for various awards.

Several of the student ventures have achieved initial success. Tim Sylvester’s Integrated Roadways, featured in The Wall Street Journal, created sensors to detect hazardous road conditions, using a modular pavement system. Shane Spencer’s Green REIT – a real estate investment trust focused exclusively on renewable energy – secured nine figures in investment in his first year and made Forbes’ 30 under 30 in Real Estate list.

Kristen Kenney, an alumna of the UMKC Law School, won a University of Missouri System award for RE:Cite, which helps make legal services more profitable for practitioners and more cost-effective for consumers. The product has an addressable market value of more than $800 million.

“The Regnier Family understands the significance of this experiential learning challenge as well as the quality of the entrepreneurship programs at the Bloch School,” said UMKC Chancellor Leo E. Morton.

“Their gift will allow the Institute to continue to draw the best students and prepare the next generation of entrepreneurs who will be critical to our regional, state and national economies.”

“It is imperative for our community to support the Bloch School and UMKC so that we may continue to grow and become among the best in the world,” Bloch School Dean Teng-Kee Tan said. “The generosity of people like Henry Bloch and the Regnier Family, among others, has been critical to our success, but we must continue to sustain, grow and graduate students with an innovative and global mindset, regardless of discipline.”
The Institute for Entrepreneurship and Innovation develops and delivers UMKC’s entrepreneurship offerings, including the Bloch School’s degree programs at all levels and cross-disciplinary programs university-wide.

IEI Director Michael Song stressed the importance of the gift in conducting that work, saying, “The Regnier Family’s generosity will help us reach more students, create more entrepreneurs and more ventures and take our programs to the next level of excellence.”

Visit the Regnier Institute for Entrepreneurship and Innovation.
More about Bloch School Rankings.

Bloch School Ranked in Nonprofit Management

KANSAS CITY, Mo. – The city’s top business leaders and business educators gathered at the University of Missouri-Kansas City today to celebrate the university’s achievements in applying entrepreneurial practices to address social problems.

UMKC announced that in the recent U.S. News & World Report listing of “Best Graduate Schools 2013″ rankings, the nonprofit management emphasis in the Henry W. Bloch School of Management’s Master of Public Administration program jumped 10 spots from its former ranking at No. 25 to No. 15 in the nation.

Frank Ellis, president and CEO, Swope Community Enterprises and chair of the Greater Kansas City Chamber of Commerce, makes the ranking announcement to guests.

School namesake Henry W. Bloch said this represents achievement in “social entrepreneurship” and reflects his vision for the school that bears his name. He was joined by Greater Kansas City Chamber of Commerce Chair Frank Ellis, Bloch School Dean Teng-Kee Tan, UMKC Chancellor Leo E. Morton and Department of Public Affairs Chair David Renz at the celebration, held at the university’s James C. Olson Performing Arts Center.

Four MPA alumni joined Henry Bloch onstage for the event, explaining their roles as social entrepreneurs in the community. From left, Marlene Leonce, senior environmental officer for the Kansas City Department of Public Works; Henry W. Wash, president and CEO of High Aspirations; (Henry Bloch); Sondra Goodman, programs and grants manager with the American Academy of Family Physicians Foundation; Jim Doyle, director of business operations at Marillac Children’s Psychiatric Hospital

“I am an entrepreneur and an innovator in both the for-profit and the nonprofit sectors, and I am proud to have my family name associated with a school where exciting things are happening and the good news just keeps coming,” Bloch said. “In my personal life and my career, I am a businessman who cares about his community and gives back to it. I never wanted to be one or the other, because our city relies on us for civic leadership and business growth.”

According to Frank Ellis, the Greater Kansas City Chamber of Commerce reviewed dozens of submissions that addressed solutions to the City’s needs. “We are working on what we call the Big 5, each goal promising significant impact and each goal achievable. Fortunately, they align perfectly with existing programs in the Bloch School of Management,” said Ellis.

“The Bloch public administration programs, especially the Levitt Challenge, will foster innovative collaborations with ideas that could turn our urban core around.”
Announced at the June 20 event, the Aaron L. Levitt Social Entrepreneurship Challenge allows students from across UMKC to compete in developing innovative strategies that address some of the most complex urban community needs and challenges. This is similar to the Regnier Venture Creation Challenge – a UMKC competition designed to encourage venture creation by students, where the new venture concepts are presented to business leaders, investors and entrepreneurs.

The Master of Public Administration program is housed within the Bloch School’s Department of Public Affairs, which also is home to the Midwest Center for Nonprofit Leadership, a nationally recognized community leadership development center; and the L.P. Cookingham Institute for Urban Affairs, which focuses on promoting sustainable communities through educational programs and research directed at understanding how the financial, civic and environmental sustainability of local communities can be improved.
“This is the single most noteworthy ranking of public affairs programs in the nation,” said David Renz, Chair, Department of Public Affairs, Beth K. Smith/Missouri Chair in Nonprofit Leadership and Director, Midwest Center for Nonprofit Leadership.

The nonprofit management emphasis at UMKC focuses on “social entrepreneurship,” agency governance, executive leadership and the role of the nonprofit sector in the economy.

Bloch School Dean Teng-Kee Tan reiterated the successes the School has had over the past few years, particularly in entrepreneurship and innovation. “The Henry W. Bloch School of Management’s key mission, vision and value proposition focuses on twin pillars of excellence: entrepreneurship and innovation in the for-profit sector and ‘social entrepreneurship’ and civic innovation in the public/not-for-profit sector,” Tan said.
“The rankings Bloch has achieved reinforce the fact we are a top school in both areas.“Entrepreneurship and non-profit ‘social entrepreneurship’ is what the life of our school’s namesake, Henry Bloch, is about,” Tan noted.

“Our job at the Bloch School is to nurture our students to become more like Henry Bloch each day. Our academic excellence and recognition shows we are certainly going in the right direction.”

For more information on Public Administration programs at the Henry W. Bloch School of Management, click here.

For the listing of U.S. News & World Report Best Graduate School rankings, click here.