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Graduate Courses
MBA Courses offered currently
COR1-GB.1306 - Financial Accounting and Reporting
ACCT-GB.2111 - Financial Reporting and Disclosure
ACCT-GB.2303 - An Integrated Approach to Financial Statement Analysis
ACCT-GB.2115 - Taxes and Business Strategy
INTA-GB.2306 - Business Drivers of Industries: An Analytical Framework
INTA-GB.2307 - Tech Industry Drivers: An Analytical Framework
INTA-GB.3110 - Investor Relations Strategy for Growth Creation
ACCT-GB.3112 - Cases in Financial Fraud
ACCT-GB.3120 - Analysis of Financial Institutions
ACCT-GB.3153 - Renewable Energy and Electric Vehicles
ACCT-GB.3303 - Financial Planning and Analysis
ACCT-GB.3304 - Modeling Financial Statements
ACCT-GB.3310 - Forensic Accounting and Financial Statement Fraud
ACCT-GB.3313 - Auditing
ACCT-GB.3323 - Accounting-Based Valuation
ACCT-GB.3328 - Financial Statement Analytics Using Python and AI Tools
ACCT-GB.3344 - Modeling Merg & Aquis & Buyout
ACCT-GB.3380 - Taxation of Individuals and Business Income
MS in Accounting Courses
ACCT-GB.6300 - Modeling Financial Statements
ACCT-GB.6302 - Financial Reporting & Analysis
ACCT-GB.6313 - Auditing
ACCT-GB.6317 - Accounting for Financial Instruments
ACCT-GB.6326 - Advanced Accounting Concepts
ACCT-GB.6331 - Advanced Managerial Accounting
ACCT-GB.6380 - Taxation of Individual & Business Income
ACCT-GB.6415 - Internal Controls & Accounting Information Systems
ACCT-GB.6416 - Data Analysis & Management
Accounting PhD Courses
ACCT-GB.4101 - Research Practicum
ACCT-GB.4102 - Research Practicum
ACCT-GB.4103 - Research Practicum
ACCT-GB.4104 - Research Practicum
ACCT-GB.4105 - Research Practicum
ACCT-GB.4101 - Teaching Practicum
ACCT-GB.4303 - Theory and Research of Managerial Accounting II
ACCT-GB.4310 - Empirical Research in Financial Accounting II
ACCT-GB.4302 - Theory & Research Managerial A
ACCT-GB.4320 - Empirical Research in Financia
Courses not offered currently but may be offered in the future
NOCR-GB.1001 - Accounting Preparation
ACCT-GB.3108 - Credit Ratings and Fixed-Income Credit Analysis
ACCT-GB.3149 - Entertainment Accounting
ACCT-GB.3150 - E-Commerce: Accounting, Control and Valuation
ACCT-GB.3305 - Information Analysis for Efficient Cost and Profit Management
ACCT-GB.3315 - Internal Controls & Accounting Information Systems - A Data Analytics Perspective
ACCT-GB.3320 - Topics in Corporate Strategies and Financial Disclosures
ACCT-GB.3321 - Analysis of Financial Institutions and Financial Instruments
ACCT-GB.3330 - Accounting for Mergers, Acquisitions and Related Matters
ACCT-GB.3355 - Accounting and Valuation Issues in the Entertainment, Media & Technology Industries
ACCT-GB.3360 - Accounting, Tax, & Legal Issues in Entrepreneurship
Course Descriptions
Accounting Preparation
NOCR-GB.1001.01 - B00.1001
0 credits.
Prerequisites:
- None
The purpose of the accounting preterm module is to introduce students to the fundamentals of financial accounting and the basic business terms used in the United States. The preterm is for students with no accounting background. Topics include an introduction to basic accounting concepts including assets, liabilities, owners' equity, book value, net worth, receivables, payables, and the fundamental accounting equation.
Financial Accounting and Reporting
COR1-GB.1306 - B01.1306
3 credits. Fall and spring terms.
Prerequisites:
- None
Accounting reports are an important means of communication with investors. This course focuses on the development, analysis and use of these reports. It provides an understanding of what these reports contain, what assumptions and concepts accountants use to prepare them, and why they use those assumptions and concepts.
The course uses simple examples to provide students with a clear understanding of accounting concepts. It stresses the ability to apply these concepts to real world cases, which by their very nature are complex and ambiguous. In addition to text-oriented materials, the classes also include cases so that students can discuss applications of basic concepts, actual financial reports, and articles from newspapers. In addition to traditional introductory topics other topics may include mergers and acquisitions, purchase and pooling, free cash flow and financial statement analysis.
Financial Reporting and Disclosure
ACCT-GB.2302 - B10.2302
3 credits. Fall and spring terms. Crosslisted with C10.0021.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
- Not to be taken by students who have taken B10.3320 Topics in Financial Accounting
The course uses tools learned in Financial Accounting and Reporting, such as ratio and accounting analysis, to discuss, in depth, financial reporting principles, emphasizing the link between the reporting principles and the financial statements. Students will learn how management uses financial reporting decisions to influence reported income and asset and liability values, and they will gain the tools necessary to analyze the impacts of alternative reporting decisions on financial statements.
This course is ideal for students who wish to pursue careers in investment banking, investment management, consulting, as well as public accounting. In addition to being a required course for CPA-track accounting majors, it is a highly recommended course for majors in finance, economics, marketing and information systems.
An Integrated Approach to Financial Statement Analysis
ACCT-GB.2303 - B10.2303
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
Describes financial reporting objectives and methods used by corporations. Focuses on the analysis of the information in corporate financial statements, including the impact of alternative accounting procedures and assumptions. Offers ways to adjust for selected reporting differences. Discusses applications using cross-sectional and time series analysis. Case studies (including firms with international operations), computer databases, and computer-based assignments may be used. An understanding of basic financial concepts is recommended.
Taxes and Business Strategy
ACCT-GB.2305: 3 credits
Specializations: Accounting, Corporate Finance
For details, visit http://www.dangode.com/taxes/. This course explains how taxes affect mergers, acquisitions, divestitures, valuation, capital structure, employee compensation, foreign operations, alternative investment vehicles, and deferred taxes including net operating losses. The course also covers the key provisions of the 2017 Tax Cuts and Jobs Act.
The course is highly relevant to those pursuing careers in investment banking, corporate finance, research, private and public equity, and corporate tax law.
Business Drivers of Industries: An Analytical Framework
INTA-GB.2306: 3 credits
MBA Specializations: Strategy, Accounting
For details, visit http://www.dangode.com/drivers/ . We illustrate a streamlined and structured framework to analyze business drivers of companies from a wide range of industries, excluding financial services. This helps us understand their business model, drill into their financial statements, and assess competitive advantage.
The analysis proceeds as follows:
- We apply the Six-Pack Framework for a top-down and comprehensive analysis of financial statements to extract six key valuation inputs – Size, Growth, Margins, Asset intensity, Business risk, and Financial risk.
- We analyze how these inputs depend upon a company’s strategy by computing the Competitive Advantage Score that weighs competitive drivers and scores strategic strength along those drivers.
The analysis of a wide range of companies will expand your strategic horizons to enable you to foresee challenges and opportunities due to changing competition, technology, and environment. The framework and the perspective will sharpen your ability to lead value creation as an entrepreneur or executive, or to understand value creation as an investor, banker, analyst, or consultant.
Tech Industry Drivers: An Analytical Framework
INTA-GB.2307: 3 credits
MBA Specializations: Strategy, Product Management, Entertainment, Media, and Technology (EMT), Management of Technology Operations, Accounting
For details, visit http://www.dangode.com/techdrivers/. This course and the Business Drivers course use the same analytical framework (about 25% of the course). However, this course focuses only on tech companies. Some students have taken both courses and found them to be valuable.
We illustrate a streamlined and structured framework to analyze business drivers of forty tech companies. This helps us understand their narrative, drill into their financial statements, and assess competitive advantage.
The analysis proceeds as follows:
- We apply the Six-Pack Framework for a top-down and comprehensive analysis of financial statements to extract six key valuation inputs – Size, Growth, Margins, Asset intensity, Business risk, and Financial risk.
- We analyze how these inputs depend upon a company’s strategy by computing the Competitive Advantage Score that weighs competitive drivers and scores strategic strength along those drivers.
This broad exposure will expand your tech horizons and enable you to foresee challenges and opportunities due to changing competition, technology, and environment. The framework and the perspective will sharpen your ability to lead value creation as a tech entrepreneur or executive, or to understand value creation as an investor, banker, analyst, or consultant.
Credit Ratings and Fixed-Income Credit Analysis
ACCT-GB.3108 - B10.3108
1.5 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
The course examines credit ratings systems and methodologies used by both rating agencies and financial institutions. It will provide a comprehensive overview of the methodologies used for analyzing the creditworthiness of corporate obligations, government and municipal obligations, and structured finance securities. It also address the purpose and use of credit ratings, including the impact of ratings on market access and on a firm’s cost of capital. It will explore the regulatory environment as it applies to credit ratings and examine the rating agencies’ “issuer-pay” business model as well as possible alternatives. The course is designed to cover a range of content that would be pertinent to future financial managers as well as to analysts. It is intended for who wish to pursue careers in investment banking, corporate finance, fixed-income investment management, mergers and acquisitions, or the credit rating industry. The course will include class presentations, assigned readings, and analysis of case studies drawn from various practices and issuers, and class discussions. It will include also presentations of guest practitioners.
Investor Relations Strategy for Growth Creation
ACCT-GB.3110 - B10.3110
1.5 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
Investor relations executives bridge the gap between public companies and investors. They report to the CEO or CFO and have a dual role: providing investors with actionable corporate information, and informing managers about investors' sentiments and planned actions. Investor relations officers, operating in most public companies around the world, are highly qualified financial executives, often ascending to the CFO job. This course pursues a new and innovative approach to investor relations: It is fully research-based, offering modern tools and venues to disseminate and evaluate corporate information. Concepts and practice are blended to provide the best outcome for investors and managers. You will learn in this course how to conduct effectively the crucial quarterly conference calls with investors, what information-beyond the legally required-to disclose to capital markets and regulators in order to maximize share prices, what corporate social responsibility activities (CSR) should companies engage in to benefit both society and shareholders, how should managers be compensated to balance their incentives and shareholders' interests, how to deal with activist investors and intruding hedge funds, and much more. All of the above, aimed at securing shareholders' support of managers' growth strategies. You will also learn investor relations practices from the top experts in the field. This course is targeted at students interested in corporate finance, investor relations, financial accounting decisions, financial consulting, and those interested in identifying promising companies for investment purposes.
Analysis of Financial Institutions
ACCT-GB.3120
1.5 credits.
Prerequisites:
- Core course in Financial Accounting
This course analyzes financial statements of financial institutions from the perspective of investment bankers, investment analysts, and consultants. It provides a framework to analyze the financial statements and identify the key performance metrics of banks and insurance companies.
Renewable Energy and Electric Vehicles
ACCT-GB.3153
1.5 credits.
Prerequisites:
- Core course in Financial Accounting
This course analyzes renewable energy and electric vehicles industries from the perspective of someone who wants to start these businesses, manage them, or invest in them. It covers the following: (1) The business drivers for key renewable energy and electric vehicle technologies and their trends (2) Simplified financial models of renewable energy projects (3) Understanding and analyzing financial statements of renewable energy companies and electric vehicles companies.
Entertainment Accounting
ACCT-GB.3149 - B10.3149
1.5 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
In this course, we will study various entertainment enterprises including movies, television, music, publishing, broadcasting, and the internet. We will analyze and discuss in-depth how accounting for particular transactions impacts the financial results of these enterprises. Accounting topics will include revenue recognition, goodwill and intangibles, amortization of inventory, stock compensation and royalties.
E-Commerce: Accounting, Control and Valuation
ACCT-GB.3150 - B10.3150
1.5 credits.
Prerequisites:
- B01.1306 Financial Accounting: A User Perspective, or
- B09.2301 Financial Accounting: A User Perspective
This course examines the economic environment of E-Commerce operations, analyzing the type of settings that are most conducive to successes or to failures of E-Commerce activities. It also addresses the set of unique financial reporting and managerial control issues relating to E-commerce operations, and provides market valuations of these operations.
Financial reporting issues affecting firms in the digital economy include how and when revenue is recognized, how expenses are recognized for the granting and exercising of employee and director stock options, and the treatment of expenditures required to build important assets such as software and brand recognition. Unique aspects of managerial control in E-commerce firms include security of systems and transactions, integrity of record keeping, employee compensation, and considerations provided to suppliers.
Valuation of E-Commerce operations is performed by utilizing the historical relationships between firm's revenues and expenses and value drivers, which are then used to estimate future cash flows and value.
Topical Coverage:
1. Evaluation of the business setting and the potential of the E-Commerce operations, including evaluation of specific business models (5-7 sessions).
2. Financial reporting issues (2-3 sessions).
3. Valuation (4-5 sessions).
Financial Planning and Analysis
ACCT-GB.3303 - B10.3303
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
This is a full-semester introductory course in the financial planning and analysis (FPA, a.k.a. managerial accounting). The first half of the course develops a set of tools for measuring profitability by product, customer, etc. The second half applies these concepts to determine the performance of business units - and of the managers running those - in decentralized firms. No prior knowledge of the material is required or even expected.
The following specific topics will be covered:
- Product costing for decision making
- Activity-based costing (ABC) and profitability analysis
- Budgeting and variances
- Decentralization and transfer pricing
- Performance evaluation and compensation for managers of profit centers
- Performance evaluation and compensation for managers of investment centers
- The "War of Metrics": Cash Flow, EVA, Balanced Scorecard, etc.
Modeling Financial Statements
ACCT-GB.3304: 3 credits
Specializations: Accounting, Financial Systems and Analytics
Various management disciplines teach you how to analyze and forecast parts of a business. Building on this foundation, this course will help you weave your forecasts into coherent spreadsheet-based pro-forma financials. Modeling financial statements provides a reality check on the forecasts, enables "what if" analysis, provides an integrated view of the business, and is a key step in valuation and credit risk analysis.
The course is indispensable to careers in investment banking, private equity, buy-side or sell-side research, credit research, corporate finance, valuation, project finance, and due diligence advisory. First year and second year students can both take this course. The course gives a significant competitive edge during interviews, summer internships, and jobs.
Information Analysis for Efficient Cost and Profit Management
ACCT-GB.3305 - B10.3305
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
This course complements courses addressing operational management, marketing and strategy. Cost management plays a key-supporting role in the creation of more value to the consumer of a firm's products and services, thus enhancing its competitiveness. Any organization can benefit from cost management systems that accurately provide information and that facilitates integration of initiatives such as total quality, new product and service design, cost reduction and business process improvement that enhances their competitiveness and profitability.
Topics will include design and implementation of cost measurement systems for production and strategy choice, management control, enhancement of quality, timeliness and the measurement of customer, product and market regional profitability and the use of cost information during design and production stages. You will learn to cost products, services and strategies in manufacturing, financial and service industries with accuracy. Activities that do not contribute value to the firm and those that increase efficiency of operations are discerned, facilitating intelligent strategic budgeting processes. Efficient cost reduction approaches, monitoring of performance, quality enhancement projects and strategies to increase profitability of the firm are components of the course. Learn to measure outcomes through performance measures such as deviations from standard norms, return on investment, economic value added and balanced score card techniques. Tools such as activity based costing, target costing, Kaizen and customer profitability analysis are discussed using appropriate case studies from companies.
Forensic Accounting and Financial Statement Fraud
ACCT-GB.3310 - B10.3310
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
The objective of the course is to impart a detailed understanding of forensic accounting with particular emphasis on the methodologies of financial statement fraud. The course is designed to demonstrate the various aspects of fraud, i.e., fraudulent financial reporting, identifying fraud schemes, including computer fraud and methods of concealment, as well as the analytical techniques in uncovering fraud and its prevention through effective internal control systems. The course also includes an analysis of the general techniques used in working in litigation support services. The course is of particular interest to the accounting profession, the world of finance and to business in general. The course content has also become of critical interest to regulators and lawmakers because of the notoriety of a series of recent financial scandals that have affected the entire business community. The course will also review the new institutional structures that have been put in place recently by lawmakers and the accounting profession to deal with fraud and its prevention, i.e., the Sarbanes-Oxley Act and self-regulating measures adopted by the accounting profession.
Auditing
ACCT-GB.3313 - B10.3313
3 credits. Fall and spring terms. Crosslisted with C10.0041
Prerequisites:
- B01.1306 Financial Accounting and Reporting
An intensive study is made of fundamental concepts and principles underlying the examination of the financial statement by the independent public accountant. Auditing and reporting standards and the responsibilities assumed by the auditor in the attest function are analyzed within the broad framework of the code and principles of professional conduct.
Emphasis is placed on the evaluation of evidential matter and the system of internal control. Current literature is examined, including the publications of the AICPA Auditing Standards Board.
Internal Controls & Accounting Information Systems - A Data Analytics Perspective
ACCT-GB.3315 - B10.3315
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
The purpose of this course is to help prepare you for a successful career in public practice, industry, or government by understanding how accountants and other financial professionals rely on, manage and translate data generated by accounting information systems and other technology-related data sources to guide clients and organizations in making better business decisions in an increasingly complex and data-driven world. Using an accountant’s perspective, the course will integrate the study of big-data analytics and technology, and the application of related software to the establishment and management and auditing of internal control systems.
Topics in Corporate Strategies and Financial Disclosures
ACCT-GB.3320 - B10.3320
3 credits. Fall and spring terms.
Prerequisites:
- B10.2302 Financial Reporting and Analysis or B10.2303 An Integrated Approach to Financial Statement Analysis
A fact-based course that addresses reporting and disclosure issues for three aspects of corporate mergers and acquisitions.Coverage emphasizes:(1) ways to legally structure a merger or acquisition, (2) tax laws and strategic planning for mergers and acquisitions, and (3) accounting rules behind mergers and acquisitions. New accounting rules for mergers and acquisitions and goodwill will be addressed and evaluated. In moving from subject to subject, the various aspects of the course will be integrated. At the end of the course, students will know how to structure a deal to satisfy a client's demand for legal, tax, and accounting attributes.
Analysis of Financial Institutions and Financial Instruments
ACCT-GB.3321 - B10.3321
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
- B10.2302 Financial Reporting and Analysis or B10.2303 An Integrated Approach to Financial Statement Analysis
This course provides the skills necessary to analyze the financial reports of financial services firms (thrifts, mortgage banks, commercial banks, lessors, and insurers) and other firms that hold financial instruments or engage in structured financial transactions. Emphasis is placed on the critical and interrelated roles of fair value accounting information and risk and estimation sensitivity disclosures provided in those reports. Topics covered include the accounting for investment securities, securitizations, derivatives and hedging, leases, and insurance, and disclosures of interest rate risk and interest income, credit risk and losses, and market risk.
Advanced Financial Statement Analysis
ACCT-GB.3323 - B10.3323
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
- B10.2303 An Integrated Approach to Financial Statement Analysis
This course synthesizes financial statement analysis, corporate finance, and the valuation of stocks (i.e., investments). The content is advanced insofar that coursework in all three areas are prerequisites. This course is all about gaining the knowledge of how financial metrics are mapped into stock prices. The stock market can be an intimidating venture for most people. The determination of stock prices often seems a black-box mystery. Understanding how accounting numbers are tied to the stock price and knowing what to look for in determining how much you think the stock is worth (i.e., intrinsic or fundamental value) are real advantages to investors.
Financial Statement Analytics Using Python and AI Tools
ACCT-GB-3328: 3 credits
Prerequisites: Core Financial Accounting and Core Statistics
Specializations: Accounting, Business Analytics, Financial Systems and Analytics
Please visit http://www.dangode.com/financialanalytics/ for details.
A revolution in data analysis is underway. Analysts who downloaded data manually and used Excel for analysis must learn how to use Python API and data scrapers to download exploding volumes of data and use Numpy, Pandas Dataframes, and associated packages for analysis. This course teaches you how to analyze financial data using the Python API, scrapers, Pandas data frames, and related packages while leveraging cutting-edge AI tools such as ChatGPT as assistants.
Accounting for Mergers, Acquisitions and Related Matters
ACCT-GB.3330 - B10.3330
3 credits. Fall and Spring terms. Crosslisted with C10.0022.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
- Not to be taken by students who have taken B10.3320 Topics in Financial Accounting.
This course focuses on four major issues in financial reporting; accounting for mergers and acquisitions, preparation of consolidated financial statements, the translation of foreign currency financial statements and foreign currency transactions, and accounting for derivatives including the use of derivatives in hedging transactions. This course is recommended for both accounting and finance majors.
Modeling Corporate Transactions [Advanced Modeling]
ACCT-GB-3344: 3 credits
Prerequisites: Modeling Financial Statements [ACCT-GB.3304]
Specializations: Accounting, Financial Systems and Analytics
Visit https://www.dangode.com/acquisitions-LBO/ for details.
You will learn to model salient corporate events such as acquisitions, leveraged buyouts, public offerings, projects, and securitizations. The course also covers the necessary accounting details. It assumes that you have taken a course in Modeling Financial Statements. This course is highly relevant for bankers, private and public equity investors, lenders, corporate finance professionals, project financiers, and consultants. The conceptual, practical, and technical knowledge gained in this course can give you a significant competitive edge during your interviews, summer internships, and jobs.
Accounting and Valuation Issues in the Entertainment, Media & Technology Industries
ACCT-GB.3355 - B10.3355
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
This course examines accounting and valuation issues that are distinctive to the various EMT industries. The first part of the course describes financial economic phenomena that are common to these industries, such as the nature and importance of tradeoffs between fixed and variable cost structures, significant contingent aspects of compensation and financing contracts, and the tension between accelerating and delaying investments given potential first mover advantages but high uncertainty. The second part of the course discusses special rules that govern financial accounting in these industries. Emphasis is placed on the limitations of accounting numbers given the largely intangible nature of the economic assets (e.g., subscriber bases, libraries, and brands) in these industries. The third part of the course is devoted to valuation of EMT firms using discounted cash flow, accounting-based and non-financial measures-based valuation approaches.
Accounting, Tax, & Legal Issues in Entrepreneurship
ACCT-GB.3360 - B10.3360
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
This course complements C10.0003, Financial Statement Analysis, by a more extensive analysis of financial statements and the financial reporting rules underlying them. The course uses tools learned in Financial Statement Analysis, such as ratio and accounting analysis, to discuss financial reporting principles, emphasizing the link between the reporting principles and the financial statements. Students will learn how management uses financial reporting decisions to influence reported income and asset and liability values, and they will gain the tools necessary to analyze the impacts of alternative reporting decisions on financial statements.
This course is part of a sequence that is ideal for students who wish to pursue careers in investment banking, investment management, consulting, as well as public accounting. In addition to being a required course for accounting majors, it is a highly recommended course for majors in finance, economics, marketing and information systems.
Taxation of Individuals and Business Income
ACCT-GB.3380 - B10.3380 (Crosslisted with C10.0063.)
3 credits.
Prerequisites:
- B01.1306 Financial Accounting and Reporting
The purpose of this course is to develop, on a sound conceptual base, a basic understanding of federal income taxation to provide tools for a practical application to business and non-business situations. Includes such topics as capital asset and property transactions, business and personal deductions, depreciation, depletion, accounting methods and periods, retirement plans, tax credits and the alternative minimum tax system. While the emphasis is on business income of individuals, the course also provides an introduction to the taxation of corporations and partnerships. During the fall semester, the students are required to enter the annual tax tournament scheduled for late November. Students in the spring semester are required to complete a group take-home project similar to the tax tournament case study.