Chicago Booth Approach to Finance
START DATE
September 24, 2024
FORMAT
Online with live sessions
DURATION
8 weeks, 3–5 hrs/week
LANGUAGES
English, Portuguese, and Spanish
INVESTMENT
$3,200 USD
Explore the language of business from the Chicago Booth perspective.
Over eight weeks, you’ll acquire the frameworks and tools to analyze and interpret financial statements and understand an organization’s financial performance and overall health. You’ll
emerge with a solid grasp of essential finance and accounting principles to become a more impactful decision-maker.
90 %
95 %
100 %
Distinctive Online Learning Features
FLEXIBLE METHOD
USER-FRIENDLY PLATFORM
TAILORED GUIDANCE
Your Chicago Booth Professor
Haresh Sapra
Charles T. Horngren Professor of Accounting
Professor Haresh Sapra studies the real effects of accounting measurement policies, disclosure regulation, and corporate governance. His research has been published in journals that include The Accounting Review and Games and Economic Behavior.
By completing this program, you’ll...
- Strengthen your financial decision-making by learning core finance and accounting principles.
- Learn how to identify and evaluate red flags in financial statements and balance sheets.
- Discover how the relationship between profit and cash flow is crucial to an organization’s financial health.
- 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 perform financial forecasting for sound business planning.
- Bolster your finance and accounting terminology to better communicate across your organization.
Upon program completion, you'll also...
Be awarded a certificate of completion and a digital credential of your accomplishment.
Become a member of the global Chicago Booth Executive Education network.
Program Modules
Module 1: Introduction to Accounting and the Accounting Process
- Accounting as the Language of Business
- Introduction to the Key Financial Statements
- Accrual vs. Cash Accounting
- Deriving the Formula for the Cash Flow Statement
Module 2: The Profit & Loss Statement
- Explain the influence of intertemporal components in the choices we make and realize how they can lead to non-standard behavior (such as obesity, addiction, and credit card overuse and dependence).
- Formulate mathematical models that explain phenomena like procrastination and overindulgence.
- Visualize examples of how self-control problems can lead to poor decision-making—As soon as you turn eighteen you are much more likely to be tried as an adult, and yet we do not see people stop committing crimes as soon as they turn eighteen. Why is this?
- Learn how to apply this knowledge in a way that modifies behavior and improves the health of your business or people around you.
Module 3: Asset Analysis
- Key Asset Group Analysis
- Long-Lived Assets
- Intangible Assets
- Depreciation Methods
- Impairment
Module 4: Liability Analysis
- Key Liability Groups
- Long-Term Liabilities: Bonds and Financial Debt
- Long-Term Liabilities: Leases
- Current Liabilities
- Provisions
Module 5: Analyzing Financial Statements
- Analysis and Management by Ratios
- Analyzing Cost Structure
- Financial Statement Analysis with an Operating Focus
- Financial Leverage: Solvency and Liquidity Analysis
Module 6: Introduction to Valuation
- Net Present Value (NPV)
- The Discounted Cash Flow Model (DCF)
- Estimating Free Cash Flows (FCF)
- The Appropriate Discount Rate in Valuation
- Other Valuation Models
Faculty-Led Live-Online Sessions
This program features three live-online sessions—a unique opportunity to put theory into practice immediately to amplify your learning and see results. These required sessions not only offer an opportunity to reflect and receive real-time feedback with faculty and peers, but also integrate interactive that can only be taught in a live environment. Participants are expected to attend at least two of the three live sessions to maximize their growth. If a participant is unable to attend a session, an extra asynchronous assignment must be submitted to complete the program.
This program is an excellent fit for:
- Any financial professional who is eager to refresh and refine their knowledge of advanced accounting and finance principles from the unique, insight-driven Booth perspective.
- Senior and C-suite executives interested in acquiring a sophisticated grasp of their organization’s CFO’s analysis, planning, and proposed strategic directives.
- Professionals, across industries, in non-finance roles who would like to increase their financial acumen and gain value-added insight to better communicate with stakeholders and make impactful business decisions.
