Chicago Booth logo

The University of Chicago Booth School of Business

Skip navigation
AboutContactVisitChicago Booth Home
  List of Concentrations

Accounting

The study of an organization’s financial information, accounting is often referred to as the language of business. An organization’s financial performance and health are reflected in its balance sheet and income statement. Accounting gives you a framework from which you can quantifiably evaluate how choices are affected by incentives and resources.


 

COCURRICULAR ACTIVITIES
You'll have the chance to explore operations outside the classroom in numerous ways that will also allow you to build new skills, relationships and networks. These include:

Community Activities

Accounting and Audit Club

The Accounting and Audit Club club organizes and hosts career development events, conferences, networking hours, and discussions for those interested in exploring career opportunities in accounting/auditing, corporate governance, and risk management. It also seeks to educate students about the accounting and auditing issues facing corporate America.

 





 

COURSE SAMPLING
You’ll have the option of taking courses that address your individual career choices. Samples include:

Managerial Accounting

This course provides you with a framework to understand and use the cost and accounting information you will encounter in careers in consulting, operations, marketing, or general management. The course covers the vocabulary and mechanics of cost accounting, basic issues involved in the design of managerial accounting systems, and the role of managerial accounting resource allocation and performance evaluation.

Accounting and Financial Analysis I

This course looks at the firm's accounting policy for a particular type of transaction and determines how that policy choice affects its primary financial statements. You will learn how to question whether these effects fairly reflect the underlying economics of the firm's transactions using the lenses of accounting, economics, finance and strategy. The goal is to improve your ability to use an accounting report as part of an overall assessment of the firm's strategy and the potential rewards and risks of dealing with the firm.

Accounting and Financial Analysis II

You will learn to read and utilize information in corporate financial statements and understand the economic essence of important classes of complex business transactions. The course integrates insights from financial economics with the complexities of financial accounting to explore important issues of deal structuring, valuation, organizational design, corporate restructuring, business strategy, and incentives.

Taxes and Business Strategy

Investment bankers, financial executives and consultants who want to have a competitive advantage by understanding how taxes impact the structure and value of deals; as well as managers and analysts who need to understand how firms strategically respond to tax incentives will find this course useful. You will learn to integrate concepts from finance, economics, and accounting to achieve a more complete understanding of the role of taxes in business strategy.

Financial Statement Analysis

You will be exposed to a financial analysis framework that provides links among a firm's business, its financial statements and associated disclosures, forecasting, and valuation. The perspective taken is that of an external stakeholder relying on publicly available information for decision-making purposes.

FACULTY SAMPLING
You’ll study with professors who conduct groundbreaking research, collaborate with the entrepreneurial and private equity communities, and bring their own entrepreneurial experiences into the classroom.

Image for Ray Ball Ray Ball, is coauthor of an article that revolutionized the understanding of the impact of corporate disclosure on share prices, and of earnings releases in particular that laid the foundation for much of the modern accounting literature. Image for Valeri Nikolaev Valeri Nikolaev, studies voluntary disclosure, quality of financial reporting, the role of accounting information in debt contracting, corporate governance, and earnings management. His paper, "Agency theory of overvalued equity as an explanation for accrual anomaly" written with S.P. Kothari and Elena Loutskina, was nominated for the Gen McLaughlin prize in research on accounting ethics.
Image for Philip G. Berger Philip G. Berger, has received several research prizes and counts among his publications one of the most widely cited papers by an accounting professor. Berger has been published in The Accounting Review, the Journal of Accounting & Economics, the Journal of Accounting Research and other academic journals. Image for Douglas J. Skinner Douglas J. Skinner, focuses his research on various aspects of corporate finance and financial reporting. His research has been prominently featured in articles in the Wall Street Journal, the Financial Times, The Economist, and BusinessWeek.
Image for Joseph Gerakos Joseph Gerakos, focuses on financial contracting between hedge fund managers and investors, specifically on how investors' redemption rights vary with the potential for fraud and financial misreporting on the part of hedge fund managers. Image for Abbie J. Smith Abbie J. Smith, has experience as a corporate director and has served on audit, finance, and compensation committees. She feels this has given her an inside perspective on the determinants of corporate investment, restructuring, financing, as well as reporting behavior and their implications for firms' current and future performance.
Image for Christian Leuz Christian Leuz, studies the role of corporate disclosures, accounting transparency and disclosure regulation in capital markets, corporate governance and financing, and international accounting. He is an Executive Board Member of the Initiative on Global Markets, a Research Associate at the European Corporate Governance Institute, a Fellow at Wharton's Financial Institution Center and a Member of the Shadow Financial Regulatory Committee. Image for Regina Wittenberg Moen Regina Wittenberg Moen, specializes in financial reporting quality, financial contracting and information asymmetry, financial intermediation, and bond analysts. She has held positions at the Ministry of Finance in Jerusalem and the banking supervision department of the Bank of Israel.

 

http://www.chicagobooth.edu/fulltime/academics/curriculum/concentrations/mrktg-mngmt.aspx
dot


Last Updated 3/2/12