About the course
In this eight-week online program taught by Chicago Booth Professor Haresh Sapra, you’ll acquire the tools and frameworks to interpret financial statements to better understand the financial performance and health of an organization.
Today’s unpredictable and fast-changing business world requires executives from every level to have a solid understanding of core finance and accounting principles to make impactful business decisions. Practical financial decision-making is critical to an organization’s ability to combat competition, make strategic growth decisions, and create shareholder value.
You’ll discover key concepts such as interpreting balance and income statements, cash flow principles, asset and liability analysis, and risk and forecasting tools – all to make more impactful financial decisions. You’ll acquire the tools to quantitatively evaluate choices and how these choices affect your institution’s incentives and resources. This program offers a practical guide to using financial instruments when making allocation decisions, and are immediately applicable to you and your organization.
Who should attend
This program is designed for mid- senior managers from across an organization, within a wide-range of industries, who do not have formal training in finance and accounting and wish to develop or update their knowledge of core finance and accounting principles.
This program will also benefit those in professions such as consultants, scientists, engineers, healthcare, small- medium size business owners, and other professionals who want to increase their financial acumen to make better business decisions.
- Build up your financial decision-making by learning core finance and accounting principles.
- Learn how to evaluate and identify red flags in financial statements and balance sheets.
- Discover how the relationship between profit and cash flow is crucial to the health of an organization.
- Learn how to gain insight into an organization’s efficiency and profitability by using tools such as ratios and liability analysis.
- Acquire the tools to financially forecast for proper business planning.
- Strengthen your finance and accounting terminology to better communicate across your organization.
Course information from University of Chicago, Chicago Booth Executive Education
Please note that instructors are subject to change and not all instructors teach in
each session of the program.
Professor Sapra joined the Booth faculty in 2000. Haresh Sapra studies the real effects of accounting measurement policies, disclosure regulation, and corporate governance. His current research focuses on the role of fair value accounting on financial stability. His research has been published in journals such as The Accounting Review, Journal of Accounting Research, and Games and Economic Behavior. He is a certified public accountant in Illinois and teaches an MBA elective on Mergers and Acquisitions and Corporate Restructuring Issues and a PhD course on analytical accounting research.
At Chicago Booth, Sapra has won numerous teaching awards. In 2005, Sapra was named one of the top-ranked professors in BusinessWeek’s Guide to the Top Business Schools. In 2005, Sapra also won the Ernest R. Wish Accounting Research Award for his paper “Do Mandatory Hedge Disclosures Discourage or Encourage Excessive Speculation?”
Sapra earned a PhD in Business Administration in 2000 from the University of Minnesota.