Chicago Booth Approach to Finance Workshop

This new program is an excellent fit for those
who are seeking Finance Skills for Non-Financial Managers.

Engage in a transformative program designed for senior executives without finance and accounting backgrounds who wish to develop a solid understanding of measuring and communicating their firm's economic performance. Explore the 'language of business' at Chicago Booth, known for its 10 Nobel laureates who have shaped modern financial markets.

A Highly-Engaging Program Experience—Exclusive Guest Panel of Alumni Speakers

Unlike other programs, this program includes pre-program virtual learning to build a strong foundation, followed by two days of in-person instruction. And concludes with an exclusive panel of University of Chicago alumni and industry experts addressing regional economic needs. The program also includes a certificate ceremony to acknowledge your accomplishment with Chicago Booth.

 

*This program is designed for individuals who have little to no background in accounting and finance.

Often called "the language of business," finance and accounting are the foundation for all business decisions. As a building block of an organization, executives across units, teams, and departments need practical accounting skills to understand and contribute to their organization's investment and corporate finance decisions. In this highly-engaging program, you'll discover critical concepts such as interpreting balance and income statements and the role financial reporting plays in managerial judgments and company valuations. And you will gain these insights through a mix of online, in-person, and practitioner insights to bring the program's learning to life.

Learning Objectives

  • Understand the fundamental concepts underlying financial reporting under US GAAP and IFRS standards.
  • Appreciate the crucial role that managerial judgments and estimates play in the preparation and interpretation of financial reports. 
  • Learn how to analyze and interpret financial reports. 
  • Identify techniques used by firms to misreport economic performance in their financial statements.
  •  Understand how information from financial statements may be used to analyze and value firms.

Engagement Opportunities

  • During the program fireside chat session, you'll explore emerging financial trends and key economic insights from Chicago Booth alumni and industry leaders, specifically honing in on regional challenges.
  • Upon successful program completion, participants will be invited to an exclusive private social group for members of the CBAF Online and Workshop communities. Here, you can continue to network and engage with fellow participants and peers.

This program is designed for mid- to senior-level 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 a solid understanding of how to measure and communicate a firm’s economic performance. In addition, leaders who wish to update their knowledge of core finance and accounting principles, or increase their financial acumen to make better business decisions, will find benefit in attending. 


Past Participants of the Chicago Booth Approach to Finance—Online Program (CBAF-Online)

We have a vast community of executives who have completed the rigorous Chicago Booth Approach to Finance—Online program with Chicago Booth Professor Haresh Sapra. For those who seek to revisit or grow upon their learnings from the online program, we encourage you to attend the in-person CBAF Workshop to practice learnings and experience content in a live classroom setting.

Past participants of the CBAF-Online program will receive a financial credit towards their Workshop registration fee. Please contact a program advisor at +1.312.464.8732, exec.ed@chicagobooth.edufor your individual credit details.

Haresh Sapra

Charles T. Horngren Professor of Accounting
Haresh Sapra is the Charles T. Horngren Professor of Accounting at the University of Chicago Booth School of Business. He studies the real effects of accounting measurement policies, disclosure regulation, and corporate governance. His current research deals with issues of disclosure, transparency and financial reporting for financial institutions. For example, how do accounting measurement rules impact the optimal design of prudential regulation for financial institutions? To what extent should accounting and prudential regulation be linked? What is the impact of loan loss provisioning models on banks’ risk-taking behaviour? His research has been published in journals such as The Accounting Review, Journal of Accounting Research, Games and Economic Behavior and the Journal of Accounting and Economics. His research has been featured in the Economist, Wall Street journal, Bloomberg, and the Financial Times. He is currently the editor of the Journal of Accounting Research. Sapra has also won the Ernest R. Wish Accounting Research Award for his paper "Do Mandatory Hedge Disclosures Discourage or Encourage Excessive Speculation?"

Sapra has won teaching awards in all the programs at Booth. Sapra has been named one of the top-ranked professors in BusinessWeek's Guide to the Top Business Schools. Sapra teaches an MBA elective entitled "Deal Structuring and Financial Reporting Implications" to Full time and Part time MBA students, a course on Financial Accounting to Executive MBA students, and a course on Economic Modeling of Accounting Issues to PhD students. Here is a video that describes the course on Deal Structuring.

Sapra earned a PhD in Business Administration in 2000 from the University of Minnesota and then joined the Chicago Booth faculty in 2000.

Sapra is an accomplished runner who has competed in over thirty two marathons with a personal best time of 2:53:06. He is an Abbott World Marathon Majors 6-star finisher.

 

Module One: Pre-Program Preparation (Online)
Watch a series of professionally recorded finance-related videos from Professor Sapra to help build your financial acumen and prepare you for the in-person sessions.These videos will introduce key accounting frameworks covered in greater depth during the course. Not only do they provide exposure to essential concepts, but they also give you a taste of the Booth approach to accounting. You will have access to these videos for one year after the program concludes. 

Video Lengths:

  • Three and a half total hours of required viewing
  • Two hours of optional, value-added viewing 

Module Two: Day One (In-Person)

  • Accrual Accounting and Cash Flows
  • Statement of Cash flows and Pro forma Metrics
  • Revenue Recognition Technique
  • This day includes group work, classroom discussion, and exercises to deepen learnings. 

Module Three: Day Two (In-Person)

  • Revenue Recognition Techniques continued
  • Impairment of Receivables and Accounting for Credit Losses
  • Interpreting and Analyzing Financial Statements
  • Introduction to Valuation
  • This day includes group work, classroom discussion, and exercises to deepen learnings. 

Module Four: Day Three (In-Person: Fireside Chat with Alumni and Industry Experts)

You'll attend an exclusive fireside chat moderated by Professor Sapra that explores emerging financial trends and key economic insights. You'll hear directly from Chicago Booth alumni and industry leaders as they share their thoughts on tackling regional challenges and leveraging financial insights to confront the future. You'll take the next steps in applying the Chicago Booth Approach to finance into practice.

The March 2024 Hong Kong panel will include Mark Barnekow, Booth alum and Executive Director of Booth's Hong Kong campus. Prior to his current role, Barnekow spent twenty years as the CEO of technology companies in Silicon Valley and is a recipient of the San Francisco Business Times “Most Admired CEO” award.

 Certificate Ceremony: This program concludes with a certificate ceremony to acknowledge your accomplishment with Chicago Booth. At this event, you will be presented with your certificate of completion and receive recognition from program peers and faculty.



Contact us to learn more about our special pricing for group enrollment or ways we can work with you to support your organization's education budgets.

Upcoming Courses

Date Fee
September 16-18, 2024 $6,600 Register Now