UDM accounting students earn #1 ranking for first-time CPA exam pass rates
The first-time pass rate of University of Detroit Mercy accounting graduates who take the Certified Public Accounting (CPA) exam is the best in the nation, according to the National Association of State Boards of Accountancy (NASBA). NASBA reported the new rankings in the 2018 edition of Candidate Performance on the Uniform CPA Examination.
Data released this week by NASBA indicate that Detroit Mercy students and alumni achieved a 95% pass rate and an average test score of 87.5 on the 2018 CPA exam. The University was one of only two institutions in the nation to achieve a pass rate of at least 90%.
The first-time pass rates of Detroit Mercy students have ranked among the best in the United States for three straight years. NASBA’s full report is available at https://www.nasbareport.com/
Joseph G. Eisenhauer, dean of the College of Business Administration, said, “Having the top pass rate in the nation on the CPA exam reflects the excellent academic preparation and personal attention that our Accounting students receive from our outstanding faculty. Our graduates enter the job market ready to succeed as professionals in their chosen careers and the consistency with which we’ve been nationally ranked demonstrates that our quality never waivers.”
Among all 63,088 first-time test-takers, covering institutions of all sizes nationwide, the average pass rate was 57.5%, and the average test score was 72.9.
Holly McCartney, ’17, MBA ’18, who passed all four sections of the CPA exam last year and now works as a financial advisor at Plante Moran, said, “The Accounting Program at University of Detroit Mercy does an incredible job of preparing its students to pass the CPA Exam. The University recognizes the value of the CPA certification, but also how challenging it can be. The professors are dedicated to equipping students with the technical knowledge required to pass the exam and also providing motivation and support along the way.”