Martin M. McElroy II ’88 is a partner at Deloitte & Touche, LLP, where he has worked for nearly 30 years since graduating with his BBA from Pace University’s Lubin School of Business. He is an active alumnus and committed donor to Pace, recently spearheading the fundraising drive for the Deloitte Video Conference Classrooms on both the New York City and Pleasantville campuses.
Martin M. McElroy II ’88 was drawn to Pace’s Lubin School of Business because of its strong reputation for professional preparation and an established track record of placing alumni with top firms after graduation, particularly in the accounting field. Marty remembered how he came to enroll at Pace, recalling that “I actually transferred to Pace in my sophomore year, switching majors in the process. I had originally attended Emory University in Atlanta as a pre-med major, but decided that accounting was the profession I wanted to pursue. My father, an alumnus as well, really sold me on Pace’s strengths in business and accounting. Pace’s affordability and my father’s endorsement made Pace a strong choice.”
He quickly learned how to balance the requirements of a full-time academic schedule and a part-time job while attending Pace, a valuable skill that would serve him well in his subsequent career. As he tells it, “I needed to work weekends at home in New Jersey to pay for room and board. I actually think that’s a core strength of Pace students—their work ethic.” Marty believes that Pace students stand out because of their ability to prioritize, observing that “Our students tend to work 25-40 hours a week, and still manage to maintain a 3.5 or above GPA. These are people who know how to effectively organize their time and perform (academically) at a very high level, making them valuable and attractive to employers.”
Marty fondly recalled several Pace professors from his years on campus, including Professors Edelstein, Zwicker, Healey, DiBenedetto, and particularly Lubin Assistant for Academic Advisement, Eileen Murphy, with whom he still keeps in touch. “Eileen was and still is an excellent mentor,” Marty shared. “She helped tutor me and was indispensable when it came time to prepare for the CPA exam. I’m still close with her and I’ve had the pleasure of knowing her daughters since they were born.”
Marty believes that Pace’s emphasis on professional preparation and the development of real- world job skills is a product of the unique faculty background at Lubin. “A majority of professors at Pace have worked or continue to work in the disciplines they teach, thereby instilling practical knowledge, in addition to the theory described in the textbook,” he points out. “They are adept at describing the real-world applications of the textbook concepts. It’s what gave me a step up on my colleagues after graduation. I interned with Deloitte back in 1987, while I was still a Pace student. This helped me land a full-time position with them upon graduation, where I still am to this day—I attribute all of this to Pace.”
It is deeply important for Marty to play an active philanthropic role with his alma mater. “I have seen firsthand the quality of Pace students and the value that they can bring to an organization,” he explained. “These top-notch students are my motivation to remain involved with this great University. Time is the only thing you can’t get more of in life. If you’re going to dedicate your time to something, you’d better to make sure it’s going to generate results. That’s the reason why I give back—Pace has helped me, and I want to do what I can to help Pace.”
Marty urges today’s students to keep up the hard work and demonstrate their common sense to employers. “When you come in with a degree from Pace, employers already know that you have a great foundation of theoretical knowledge,” he cautioned. “But now you need to apply that foundation to everyday life—nothing is like the textbooks. Listen to your professors and use it to your advantage. I always say, ‘If you give me someone who has great common sense, I’ll make him/her a good efficient auditor.’ Employers are interviewing lots of students who are in the top 10% of their class—you need to differentiate yourself, and the Pace experience provides you that advantage.”