COBA Celebrates the MAcc Class of 2017

COBA honored the MAcc (Master of Accountancy) class of 2017 at a luncheon on Tuesday, May 2nd that was sponsored by PricewaterhouseCoopers (PwC).

Amanda Stephens receives MAcc award from Dr. Curtis Clements

Amanda Stephens was named the Outstanding MAcc Graduate of the Year.  As an undergraduate student, Amanda majored in Accounting with minors in Spanish, Sociology, and Public Service. Amanda will start full-time in January with Whitley Penn in its Forensic, Litigation, and Valuation Services Department.

Chris Baker, partner with PwC and ACU alum, addressed the graduates and encouraged them to live a life of authenticity and integrity in all that they do. He also impressed upon them the need to give back to the world around them.

 

Dr. David Perkins

Dr. David Perkins gave a blessing over the graduates, reading Deuteronomy 8, and exhorting them to never forget the Lord, live humbly and remember that everything has been given to them by God – including their abilities.

MAcc Class of 2017

Graduates, your adventure begins now. Congratulations to the Master of Accountancy graduating class of 2017!

To download and/or order prints of pictures from the luncheon, click here.

Visiting Committee Provides Insight To COBA Leadership

On March 27th, COBA hosted Visiting Committee and Dean’s Council members on campus. The Visiting Committee provided feedback on each academic program to help evaluate and improve the learning experience for each major. Thirty-three alumni with careers in various disciplines traveled across Texas and represented accounting firms, Fortune 500 companies, fast-growing startups, and nonprofit organizations.

Because of the diversity of industries and career experience among our alumni, COBA was able to obtain a wide range of insight. Tim Johnston, Assistant Dean, stated that “The visiting committee was pleased to hear that ACU has sustained our long-standing advantage of personal attention and instruction by professors who excel in their discipline and are committed Christians.”

The visiting committee reviewed business and technology degree plans, met with students, talked to faculty members, and offered their recommendations for improvement in all areas of the student experience. This helps keep COBA in-tune with the expectations that employers and companies have for our graduates, and helps us clarify our priorities and goals. The members are deeply committed to the mission of ACU, Business and Technology education and their advice will strengthens our strategic plan.

The visiting committee talked to students directly about their experiences in COBA. The most outstanding aspect of COBA, according to the students, was the personal attention received from prepared professors who care about their scholarship and students as individuals. Leah Montgomery, junior marketing major, had the opportunity to talk with committee members. Montgomery values “being included in the conversations about our classes and majors” and appreciates COBA’s measures to include and place weight upon student input.

The visiting committee also met with students to network at a root beer float mixer held in the COBA atrium. Students were able to meet with professionals in their field, ask questions about careers and opportunities, and solicit advice from our experienced alumni. Bethani Culpepper, sophomore management major, said that she “received valuable advice from accomplished and professional individuals who have been in her shoes” and that the networking event was her favorite part of the day.

COBA would like to thank the Dean’s Council and Visiting Committee for giving of their time and talents to help us continue to improve and provide distinctive offerings to current and future students.

JP College Football Rankings: How did we do?

by guest bloggers Dr. Ryan Jessup and Dr. Don Pope

Well, the dust has settled on another bowl season and it is time to evaluate the success (or, lack thereof) of the JP ranking system.

You might remember from last season that we concluded that a blind squirrel would be about as equally effective as our ranking system.  Well, this season that blind squirrel (technically, he is blindfolded) made us look silly.

 

Figure 1. How well did we do? If last season we did about as well as a blind squirrel flipping a coin then this season that blind squirrel took our money.

 

You see, out of 42 bowl games we correctly predicted the winner approximately 54% of the time, and, in the 6 games in which we predicted a different winner compared to the college football playoff (CFP) selection committee, we were correct half the time and they were correct the other half.  However, we correctly predicted against Vegas 48% of the time.  So, this year the squirrel beat us.

What went wrong?  This is always a useful question.  One issue is that the Big 10 was a Big Letdown, finishing a miserable 3-7 in their bowl games, performing overwhelmingly worse than expected.  Likewise, Clemson outperformed expectations as they upset both Ohio State and Alabama, two teams that both we – and Vegas – thought would win.  Why these things occurred is rather difficult to determine: did the Big 10 perform well against non-conference games – which usually take place early in the season – and then fall off later on?  It is hard to know for sure.

Regarding Vegas, last bowl season the Vegas favorite covered the line approximately 60% of the time.  Interestingly, they only covered the line a mere 35% of the time this season meaning even they had a hard time predicting the outcomes.  But in the end, you can’t fight city hall, and, really, you probably shouldn’t mess with Vegas either as the house is truly playing with a stacked deck.

One thing that does give us hope is that, even though hundreds of millions of dollars are on the line for the college football playoff and a prestigious 13 member selection committee generates the rankings, our simple ranking system fares about as well, getting the same number of correct predictions.  So, maybe next year the CFP should drop their committee-based ranking system and just hire that squirrel.

 

 

JP 2016 NCAA Football Final Rankings and Bowl Predictions

by guest blogger, Dr. Ryan Jessup

Below is our final ranking dotplot for the season.  Note how Alabama ends the season way beyond the other teams, teams 2-4 are grouped together, followed by another large break after the 11th team, LSU.

bowl predictions

Although Navy’s loss to Army for the first time in more than a decade was a surprise, our rankings did not see them as a top 40 team anyway, so the surprise was rather mild.

The final network graph (below) demonstrates the inter- and intra-conference play (the lines connecting the dots) as well as the relative strengths of the teams within their conferences via the dot size.

ncaa football diagram

Lastly, below are our predicted winners and win margins for 40 of the 41 bowl games.  All of these bowls are assumed to be at neutral sites, so, for example, the Hawaii Bowl win margin does not adjust for Hawaii’s homefield advantage (a 5.25 point adjustment).  After the two national semi-finals have been played we will return to predict by how much Alabama will win.

 

Date Team One Team Two Bowl Game JP Favorite Win Margin
2016-12-17 UTSA New Mexico GILDAN NEW MEXICO BOWL New Mexico 0.75
2016-12-17 San Diego State Houston LAS VEGAS BOWL PRESENTED BY GEICO Houston 18.75
2016-12-17 Toledo Appalachian State RAYCOM MEDIA CAMELLIA BOWL Toledo 2.25
2016-12-17 Arkansas State UCF AUTONATION CURE BOWL UCF 0.75
2016-12-18 Louisiana Lafayette Southern Miss R+L CARRIERS NEW ORLEANS BOWL Southern Miss 2.25
2016-12-19 Tulsa Central Michigan MIAMI BEACH BOWL Tulsa 11.75
2016-12-21 Western Kentucky Memphis BOCA RATON BOWL Western Kentucky 7.75
2016-12-22 Wyoming BYU SAN DIEGO COUNTY CREDIT UNION POINSETTIA BOWL BYU 7.75
2016-12-23 Colorado State Idaho FAMOUS IDAHO POTATO BOWL Colorado State 18.75
2016-12-23 Old Dominion Eastern Michigan POPEYES BAHAMAS BOWL Eastern Michigan 3.75
2016-12-23 Navy Louisiana Tech LOCKHEED MARTIN ARMED FORCES BOWL Navy 8.25
2016-12-24 Troy Ohio DOLLAR GENERAL BOWL Troy 0.75
2016-12-25 Middle Tennessee Hawaii HAWAII BOWL Middle Tennessee 8.25
2016-12-26 Mississippi State Miami (OH) ST. PETERSBURG BOWL Mississippi State 15.75
2016-12-26 Boston College Maryland QUICK LANE BOWL Maryland 3.75
2016-12-26 Vanderbilt NC State CAMPING WORLD INDEPENDENCE BOWL Vanderbilt 7.75
2016-12-27 North Texas Army ZAXBY’S HEART OF DALLAS BOWL Army 10
2016-12-27 Wake Forest Temple MILITARY BOWL PRESENTED BY NORTHROP GRUMMAN Temple 23.75
2016-12-28 Washington State Minnesota NATIONAL FUNDING HOLIDAY BOWL Washington State 5.75
2016-12-28 Baylor Boise State MOTEL 6 CACTUS BOWL Boise State 18.75
2016-12-28 Northwestern Pittsburgh NEW ERA PINSTRIPE BOWL Northwestern 3.75
2016-12-28 Miami West Virginia RUSSELL ATHLETIC BOWL Miami 18.75
2016-12-29 Utah Indiana FOSTER FARMS BOWL Utah 10
2016-12-29 Kansas State Texas A&M ADVOCARE V100 TEXAS BOWL Texas A&M 18.75
2016-12-29 South Carolina South Florida BIRMINGHAM BOWL South Florida 14.75
2016-12-29 Virginia Tech Arkansas BELK BOWL Virginia Tech 18.75
2016-12-30 Colorado Oklahoma State VALERO ALAMO BOWL Colorado 27.25
2016-12-30 TCU Georgia AUTOZONE LIBERTY BOWL Georgia 8.25
2016-12-30 North Carolina Stanford HYUNDAI SUN BOWL Stanford 8.25
2016-12-30 Tennessee Nebraska FRANKLIN AMERICAN MORTGAGE MUSIC CITY BOWL Tennessee 3.75
2016-12-30 Air Force South Alabama NOVA HOME LOANS ARIZONA BOWL Air Force 11.75
2016-12-31 Florida State Michigan CAPITAL ONE ORANGE BOWL Michigan 34.25
2016-12-31 Louisville LSU BUFFALO WILD WINGS CITRUS BOWL LSU 11.75
2016-12-31 Kentucky Georgia Tech TAXSLAYER BOWL Georgia Tech 1.75
2016-12-31 Alabama Washington CHICK-FIL-A PEACH BOWL – CFP SEMIFINAL Alabama 39.25
2017-01-01 Clemson Ohio State PLAYSTATION FIESTA BOWL – CFP SEMIFINAL Ohio State 23.75
2017-01-02 Iowa Florida OUTBACK BOWL Iowa 1.75
2017-01-02 Wisconsin Western Michigan GOODYEAR COTTON BOWL CLASSIC Wisconsin 20.75
2017-01-02 Penn State USC ROSE BOWL GAME PRES. BY NORTHWESTERN MUTUAL Penn State 0.75
2017-01-03 Oklahoma Auburn ALLSTATE SUGAR BOWL Auburn 11.75
2017-01-10 TBD TBD CFP NATIONAL CHAMPIONSHIP GAME TBD

 

Jessup Pope College Football 2016 Rankings: After Week 14

by guest blogger, Dr. Ryan Jessup

The bowls are all set as 14 weeks of the NCAA football season have passed with only one game remaining: Army vs. Navy, to be held this upcoming Saturday.

 

JP Rankings after week 14

 

Our model ends with the same team on top that we had all season, Alabama, who ESPN and 538 acknowledge as the best college football team of all time.  Ohio State and Michigan remain 2nd and 3rd, respectively, but, thanks in part to Wisconsin’s loss and Washington’s crushing of Colorado, the Huskies move into our 4th spot.  Clemson is our 8th ranked team, behind Wisconsin, Penn State, and USC, respectively.  No. 12 Western Michigan is our highest ranked team from the Group of 5 conferences and Oklahoma is our highest ranked Big 12 team, at #18.  As Don Pope pointed out last week, the Big 12 looks more like a Group of 5 conference than a Power 5 conference this year.

Next week, after the Army-Navy game, we will give our projections for all 40+ bowl games.  My grad school alma mater, Indiana, will play in the Foster Farms Bowl.  That’s how you know you’ve hit the big time, why mess around with crummy bowls like the Rose or Sugar when you can throw a pigskin sponsored by a chicken.

Jessup Pope (JP) College Football Rankings: Week Beginning Nov. 28, 2016

by guest blogger, Dr. Don Pope

Well, sports fans, it was another exciting weekend of college football.  Several traditional big rivalry match-ups were played, the most notable being Michigan versus “The Ohio State University”.  The two schools up in Okie-land delayed their annual “Bedlam” rivalry game until this coming weekend so they could focus on the turkey and dressing last week.

The first of the following figures shows our adjusted rankings after week 13.

 

week of nov. 28 graph

 

Note that, as before, Alabama stands out way above the rest, followed by Ohio State and Michigan after their close game, then another Big 10 team, Wisconsin, and the remainder of the top 50 teams.

 

week of nov. 28 graph 2

 

The second of the figures is a network representation of college football this season, with the dots representing the teams in the various conferences, or independents.  The lines represent games played, both within conference and between conferences.  The size of the dots reflects their rankings in our system.  The large red dot in the Southeastern Conference (SEC) is Alabama, and 3 the large red dots in the Big 10 are Ohio State, Michigan, and Wisconsin.

The sad tale of these figures is the demise of the Big 12.   They seem to have forgotten that, after your team scores, you are supposed to put 11 other guys out on the field whose objective is to stop the other team from scoring.  Our rankings place many schools from many conferences above any school in the Big 12.  Thus, we do not predict the Big 12 teams this year to perform very well in bowl games, assuming that they get invited to any bowl game more significant than the Captain Crunch Breakfast Cereal Bowl.

Stay tuned for next week!