EXECUTIVE PROGRAM IN FINANCE STRATEGY (MIDDLE EAST AND ASIA)
EXECUTIVE PROGRAM IN FINANCE STRATEGY (MIDDLE EAST AND ASIA)
Program Overview
This live-online program provides the latest thinking in finance to help you build and sustain your organization’s competitive advantage. By attending, you will learn how to make more impactful business decisions by understanding how finance affects business strategy. You will learn how to use financial statements and new technology to understand an industry’s landscape, evaluate competitors, and predict risks, trends, and future financial performance. You will acquire the frameworks to rate the financial success of your company’s growth strategies. Moreover, you will discover how FinTech can be used to drive innovation for your business —unlocking new markets, reducing costs, and improving customer relationships.
Upon successful completion of the program, you will have gained the following skills:
■ Interpret and use financial statements for competitive gain
■ Explore how industry structures and competitive growth strategies impact financial performance
■ Acquire frameworks to rate the success of a growth strategy, ranging from organic growth strategies to acquisitions
■ Gain a deeper understanding of the innovations powering FinTech, such as AI, machine learning, NLP (natural language processing) and explore real business applications including real estate, robo-advisors, and P2P (peer-to-peer) lending
■ Explore how blockchain technology is shaping industries and organizations — topics covered include cryptocurrencies, DeFi (decentralized finance) and smart contracts
STARTS ON
TBC
DURATION
4 months
PROGRAM FEE
US$4,500
STARTS ON
23 nov 2022
DURATION
4 months
PROGRAM FEE
US$4,500
Program Benefits
A certificate of completion from Chicago Booth Executive Education
Inclusion in the EPFS - Middle East and Asia Linkedin Program Network
Access to select Booth online publications
Access to the Chicago Booth Executive Education LinkedIn group
Program Benefits
A certificate of completion from Chicago Booth Executive Education
Inclusion in the EPFL program network
Access to select Booth online publications
Access to the Chicago Booth Executive Education LinkedIn group
Program Outline
■ Goal and Activities of a Firm
■ The Big Picture: Valuation and Shareholder Value
■ Understanding Financial Statements
Financial Statement Analysis
■ Using FSA to determine profitability and risk
■ Understanding differences in ratios across business models
Capital Budgeting and Capital Allocation
■ Time value of money
■ Discount rates and cash flows
■ NPV, IRR and payback
■ Importance of capital allocation for growth and profitability
■ Case Example: Cola soft drinks
■ Industry structure analysis
■ Competitive forces
■ Technological innovation
■ Global Competition
Financial Performance & Competitive Advantage
■ Value chain management
■ Sources of competitive advantage
■ Sustainable advantage
■ Differentiation and cost leadership strategies
Financial Performance & Corporate Growth Strategy
■ Corporate growth matrix: Directions & modes of growth
■ ‘Good’ growth vs ‘bad’ growth
■ Shareholder value creation
■ Diversification strategy & synergy
■ Mergers & Acquisitions
■ What is FinTech?
■ What is AI, Machine Learning, and Big Data?
■ What is NLP?
The Promises and Pitfalls of FinTech
■ Case I: P2P Lending
■ Case II: Zillow Offers
■ Case III: Robo-Advisors (or a 30-min guest lecture on RPA)
Blockchain Technology and Decentralized Finance
■ Cryptocurrencies, CBDC
■ Elements of Blockchain
■ Smart Contracts, DeFi
Valuation: A Comprehensive Look at a Business, and Course Wrap-Up
■ Valuation methods such as WACC, APV and Market Multiples
MODULE 1: DEVELOPING YOUR FINANCIAL ACUMEN
■ Kick-Off and Live Session 1: Goal and Activities of a Firm, The Big Picture: Valuation and Shareholder Value, and Understanding Financial Statements
■ Live Session 2: Financial Statement Analysis (FSA)
■ Live Session 3: Capital Budgeting and Capital Allocation
MODULE 2: UNDERSTANDING THE LINK BETWEEN STRATEGY AND FINANCIAL VALUE
■ Live Session 4: Industry Structure and Financial Performance
■ Live Session 5: Competitive Advantage and Financial Performance
■ Live Session 6: Corporate Growth Strategy and Financial Performance
MODULE 3: DECODING FINTECH
■ Live Session 7: Introduction to FinTech
■ Live Session 8: The Promises and Pitfalls of FinTech
■ Live Session 9: Blockchain Technology and Decentralized Finance
Closing Session: Putting It All Together
■ Live Session 10: Valuation: A Comprehensive Look at a Business.
■ Course Wrap-Up
Certificate
Upon successful completion of the program, you will earn a certificate of completion from the Chicago Booth Executive Education
Note: Certificate image is for illustrative purposes only and may be subject to change at the discretion of Chicago Booth Executive Education
Faculty
Adjunct Associate Professor of Strategic Management, Chicago Booth
Kathleen Fitzgerald is known at the University of Chicago as a superb educator.
Professor Of Econometrics And Statistics, Chicago Booth
Dacheng Xiu’s research interests include developing statistical methodologies and applying them to financial data, while exploring their economic implications.
William H. Davis Chair And Dean’s Distinguished Professor Of Strategy, Fisher College Of Business, Ohio State University
Jay Anand is the William H. Davis Chair and Dean’s Distinguished Professor of Strategy at the Fisher College of Business, Ohio State University.
Adjunct Associate Professor Of Strategic Management
Kathleen Fitzgerald is known at the University of Chicago as a superb educator.
William H. Davis Chair And Dean’s Distinguished Professor Of Strategy, Fisher College Of Business, Ohio State University
Jay Anand is the William H. Davis Chair and Dean’s Distinguished Professor of Strategy at the Fisher College of Business, Ohio State University.
Professor Of Econometrics And Statistics
Dacheng Xiu’s research interests include developing statistical methodologies and applying them to financial data, while exploring their economic implications.
Program curriculum, faculty, schedule, and fee are subject to change.
Faculty
Adjunct Associate Professor of Strategic Management, Chicago Booth
Kathleen Fitzgerald is known at the University of Chicago as a superb educator. She brings a remarkably wide array of experience as an educator and a practitioner to the classroom. She has taught courses in Investments, Corporate Finance, Financial Accounting, Money and Banking, International Finance and Financial Management.
She is currently teaching for the University of Chicago Booth School of Business and the University of Chicago Law School. Her past experience includes the University of Massachusetts, Rochester Institute of Technology, and several Universities in Barcelona, Spain.
Kathleen also holds the position of Director of Academic Support at the University Of Chicago Booth School Of Business in Chicago, London and Hong Kong in which she prepares students of Chicago Booth Executive MBA program for the rigors of Chicago’s quantitative approach to finance, economics, statistics, and marketing.
Her professional experience includes auditing and tax consulting at Ernst & Young, LLP and forensic accounting consulting at Chicago Partners.
Kathleen graduated from the University of Massachusetts in Amherst with a Bachelor’s Degree in Economics in 1990 and a MBA in 1994. She passed the Unified C.P.A. examination in 1994 and holds a Masters in Business Administration from the University of Chicago.
Read More
Professor of Econometrics and Statistics, Chicago Booth
Dacheng Xiu’s research interests include developing statistical methodologies and applying them to financial data, while exploring their economic implications. His earlier research involved risk measurement and portfolio management with high-frequency data and econometric modeling of derivatives. His current work focuses on developing machine learning solutions to big-data problems in empirical asset pricing.
Xiu’s work has appeared in Econometrica, Journal of Political Economy, Journal of Finance, Review of Financial Studies, Journal of the American Statistical Association, and Annals of Statistics. He is a Co-Editor for the Journal of Financial Econometrics, an Associate Editor for the Review of Financial Studies, Management Science, Journal of Econometrics, Journal of Business & Economic Statistics, Journal of Applied Econometrics, the Econometrics Journal, and Journal of Empirical Finance. He has received several recognitions for his research, including the Fellow of the Society for Financial Econometrics, the Fellow of the Journal of Econometrics, the 2018 Swiss Finance Institute Outstanding Paper Award, the 2018 AQR Insight Award, and the Best Conference Paper Prize at the 2017 Annual Meeting of the European Finance Association.
In 2017, Xiu launched a website that provides up-to-date realized volatilities of individual stocks, as well as equity, currency, and commodity futures. These daily volatilities are calculated from the intraday transactions and the methodologies are based on his research of high-frequency data.
Xiu earned his PhD and MA in applied mathematics from Princeton University, where he was also a student at the Bendheim Center for Finance. Prior to his graduate studies, he obtained a BS in mathematics from the University of Science and Technology of China.
Read More
William H. Davis Chair and Dean’s Distinguished Professor of Strategy, Fisher College of Business, Ohio State University
Jay Anand is the William H. Davis Chair and Dean’s Distinguished Professor of Strategy at the Fisher College of Business, Ohio State University. He is also the Academic Director of the Center for Innovation Strategies. Prior to joining Fisher, he was faculty at the University of Michigan (Ross). He earned a B.Tech. in Mechanical Engineering from the Indian Institute of Technology, New Delhi, India, and master’s and Ph.D. degrees from the Wharton School, University of Pennsylvania. His interests include corporate growth, mergers & acquisitions, joint ventures & strategic alliances, global strategy and strategy implementation.
He regularly consults and conducts executive education programs with companies all over the world. He has worked in more than a dozen countries in Africa, the Americas, Asia and Europe. He has appeared on ABC, NBC and CBS TV News, National Public Radio and Summit Business TV and has been referenced in BBC radio, CEO magazine, The Economist, Financial Times, Forbes, Knowledge@Wharton, New York Times, The Telegraph, Wall Street Journal, USA Today and other popular media in several countries. He has received several awards for his research and contribution to management knowledge. He has also received numerous awards for teaching in executive, MBA and PhD programs.
He served as the elected chair of the Academy of Management (the largest academic association in the field of management), IM division. Currently he serves as the Senior Editor of Organization Science, Consulting Editor of the Journal of International Business Studies and Associate Editor of the Global Strategy Journal and is a member of the editorial board of the Strategic Management Journal. His research has been published in business press (including the Financial Times, California Management Review and the Columbia Journal of World Business), academic journals (including the Academy of Management Journal, Strategic Management Journal and Organization Science), and has been widely presented at research conferences and seminars around the world.
Read More
Program curriculum, faculty, schedule, and fee are subject to change.
Who Should Attend?
This program is designed for senior leaders in the Middle East and Asia regions who wish to broaden their understanding of financial strategy to drive growth for their business.
The program benefits leaders from a wide range of industries and functional areas, including those in non-finance functions. Titles include: General manager, president, managing director, vice president, director, entrepreneur, c-suite, regional manager, business unit manager, and other senior-level positions with strategic decision-making or oversight.
Participants should be familiar with financial terms and concepts prior to starting the program; formal training in finance or accounting is not necessary.
Participants must be fluent in written and spoken English.
Chicago Booth Executive Education is collaborating with XED to offer high-impact programs for leaders
CONTACT
- (Global) : +1 9295 357 589
- (Singapore) : +65 6012 9567
- (India) :+91 832 7121 012
- chicagobooth.epfs@xedinstitute.org
-
Singapore
80 Robinson,
Road #15-02
Singapore 068898
-
UAE
The Iridium Building,
Umm Suqeim Road,
Dubai P.O Box 391186
-
INDIA
7th Floor, Capital Building, G-Block, Bandra Kurla Complex, Bandra East,
Mumbai 400051
CONTACT
- (Global)+16312573288
- chicagobooth.epfs@xedinstitute.org
80 Robinson,
Road #15-02
Singapore 068898
The Iridium Building,
Umm Suqeim Road,
Dubai P.O Box 391186
7th Floor, Capital Building,
G-Block, Bandra Kurla
Complex, Bandra East,
Mumbai 400051
146 W 29th ST NEW YORK, NY 10001