- Understand the essential components and relationships among the key financial statements
- Examine the income statement, balance sheet and statement of cash flows
- Analyse accounting policies; distinguishing operating and non-operating items
- Evaluate basic financial statements; basic profitability analysis and ROIC trees.
- Develop a more sophisticated understanding of financial markets; the time value of money
- Understand sources of finance including equity, debt, leasing, private equity; CAPM and the cost of capital.
- Investigate cost drivers; cost allocation methods; make-or-buy decisions
- Understand flexible budgeting and profitability analysis
- Understand how firms create value through better working capital management;
- Evaluate investment projects, marketing, and R&D expenditures
- Estimate project cash flows
- Determine the value created by investment decisions.
- Understand the meaning of international financial markets for corporate decision-making in a globalised world
- Understand the economic intuition behind changes in exchange rates through the interplay of interest rates, inflation levels and exchange rates
- Ability to discuss the conceptual and managerial analysis of economic exchange exposure
- Develop insight into key corporate finance issues such as financial policy; mergers, acquisitions and divestments
- Develop an understanding of value based management systems; value drivers; valuation and firm performance analysis
- Understand and evaluate complexities of executive compensation and dividend policy.
Meet the Faculty
Our dedicated team of faculty are widely recognised as skilled educators, ground-breaking researchers and accomplished authors. Through publishing, consulting and teaching they leverage their business expertise and field-based research to deliver programmes, encourage participants to develop new ways of thinking, widen their perspectives and to understand their own challenges and capabilities.
The faculty present topics via a range of engaging methods such as ‘action learning’ projects, case studies, role plays, individual assessment and one-on- one coaching, so as to deliver a unique and lasting learning experience.
Paul Ryan is Associate Professor in Finance at the UCD Michael Smurfit Graduate School of Business and is the Associate Dean and Director of the UCD Lochlann Quinn Undergraduate School of Business. He was also Director of the MSc in Finance programme until September 2014. From August 2007 to July 2012 he was Dean of the Institute of Bankers School of Professional Finance.
Paul has lectured extensively across a broad range of undergraduate, postgraduate and professional courses in finance. He has published extensively in international academic and professional journals including, Journal of Business Finance & Accounting, British Accounting Review, Journal of Investing, Professional Investor, as well as being widely reported in the financial press, including the Financial Times.
Prior to joining UCD in 1990 he trained and qualified as a chartered accountant with PricewaterhouseCoopers.
Eamonn is PwC Professor of Accounting at UCD. He has served as Dean of the Smurfit School of Business and Chairman of the Accounting Department.
His primary research, teaching and consulting interests are in the areas of financial analysis, equity valuation and US securities markets. A co-author of three books, his research has been published in Accounting Organisations and Society, the Journal of Business Finance and Accounting and the Journal of Accounting Auditing and Finance.
He was the founding editor of European Accounting and served as associate editor of the Journal of Accounting Auditing and Finance. Prior to joining UCD, he held faculty positions at the London School of Economics and New York University. Visiting appointments have included UC Berkeley and Peking University. A consultant to a number of leading European, US and Asian corporations, he has also completed assignments with governmental organisations, the International Monetary Fund and the United Nations.
He was the inaugural recipient of the Institute of Chartered Accountants Excellence in
He was the inaugural recipient of the Institute of Chartered Accountants Excellence in Education Award and has been a presenter at the World Economic Forum.
Cal is a member of faculty in finance at the UCD College of Business and a Fellow at the UCD Geary Institute.
His research interests are in areas of corporate, financial institution, and environmental finance. He has published in international scholarly journals including the Journal of Econometrics, the Energy Economics journal, and the Financial Review.
Previously he has worked as a lecturer in finance at the Department of Economics and Finance, Durham Business School. He obtained his Ph.D. degree from Trinity College Dublin. He has been a Visiting Scholar at New York University Stern School of Business, Yale University, at Groningen and Tilburg Universities in the Netherlands and at the London School of Economics.
He is a Fulbright Scholar and he has also received other awards and fellowships including a Thomas Moran Fellowship from University College Dublin and the Mutual of America Life Insurance and the Barrington Medal from the Statistical & Social Inquiry Society.
He has lectured in corporate finance, financial econometrics, financial risk management and financial theory, both at the undergraduate, executive and graduate levels.
His administrative duties have included the role of Academic Director of the B.Sc. in Economics & Finance programme at the Quinn School of Business, UCD (2009-14). He is a Principal Investigator at the Enterprise Ireland Financial Services Governance Risk and Compliance Technology Centre.
Dr Kate Cullen is a Chartered Management Accountant and a BComm (Banking and Finance), MBS (Financial Services), and PhD (Accounting) graduate from University College Dublin. Kate has lectured extensively on topics relating to accounting and control, including cost management, strategic, and ethical decision-making.
Kate’s research interests are behavioural in nature and, to date, have focused on the psychology of decision-making, exploring decision-makers’ use of financial information. Kate previously worked in wealth management and financial services consulting, with Davy and Deloitte respectively. In Davy, Kate worked in many areas of their private clients business, including portfolio management and property investment, while at Deloitte, she offered advisory services to a wide range of financial services institutions.
In 2009, Kate joined the College of Business in University College Dublin as a member of the academic faculty, before joining the Institute of Banking, a recognised college of UCD, in 2016 as Programme Director, Executive Education. Kate continues to lecture in UCD at postgraduate and executive education levels as an associate member of the faculty.
Dr Nilanjan Sen, Ph.D., C.F.A. is Associate Dean (Nanyang Executive Education) and Associate Professor of Banking and Finance at Nanyang Business School (NTU. Dr. Sen also concurrently holds an adjunct Associate Professor position at Lorange Institute, Zurich. Professor Sen received his Ph.D from Virginia Tech and was a faculty member at Arizona State University prior to joining NTU, Singapore.
He has published extensively in academic as well as practitioner journals and currently teaches corporate and international finance. He has presented in several international conferences and presently works in the area of corporate governance and international dividend policy. In his 8 year at Nanyang Business School, Dr. Sen has provided leadership in several key initiatives. He launched an innovative EMBA program in 2007 that includes several industry tracks and attracts funding from multiple professional bodies and government agencies.
The Nanyang EMBA made a debut at number 13 in 2013 Financial Times ranking for top 100 programs. He is also the recipient of the Teacher of the Year award in Financial Engineering program for 2006 and 2008. Dr. Sen enjoys squash, hiking, traveling and meeting people from diverse cultures.
Ken O’Sullivan BComm (UCC), MBS(UCD), FCA, FIB(IOB)
Ken is a Fellow of Chartered Accountants Ireland, Fellow of the Institute of Banking and completed his accounting training with PwC. He graduated from University College Cork with a BComm and from University College Dublin with an MBS.
A former accounting lecturer at the University of Limerick, he has extensive teaching experience at undergraduate, postgraduate levels and on various professional accounting education programmes being the senior financial reporting lecturer with BPP Ireland for over 20 years.
Ken is the Director of Risk Management Education at the Institute of Banking and the Head Strategic Advisor to Mr. John Trethowan at the Governments Credit Review Office. He is a former General Manager Business Banking and Corporate and Institutional Banking with Danske Bank Ireland and was a member of the Executive Committee. He was Head of the Business Credit team at the Central Bank of Ireland and led the CBI credit and asset quality interaction with the Troika and responsible for the delivery of all credit related projects. He was a member of the Government working committee established to set up the Loan Guarantee Scheme for the SME sector.
Whilst in the Central Bank of Ireland he led the following projects:
2012, 2011, 2010- Central Bank of Ireland’s asset quality reviews, data validation and integrity reviews of the Irish Covered Financial Institutions (AIB, BOI, PTSB, EBS, Anglo) mandated by the Troika under the Financial Measures Programme for Ireland (PCAR and PLAR);
2011- Authored the Central Bank of Ireland Impairment Provisioning and Disclosure Guidelines which set out the CBI best practice guidelines regarding the accounting policies, procedures and disclosures which the State supported Covered Institutions should adopt for loans and receivables financial assets.
John Cotter is Professor in Finance and the Chair in Quantitative Finance at University College Dublin. He is a Research Fellow at the UCLA Ziman Research Center for Real Estate. John has previously had visiting positions at UCLA, London School of Economics and ESSEC Business School.
John's research, teaching and consultancy interests are in the areas of Volatility modelling and measuring, risk management and investment analysis with applications in equity, currency, derivative, fixed income and real estate markets. He has taught extensively on undergraduate, graduate and executive programmes. John has been awarded a UCD Faculty of Commerce Outstanding Educator Teaching Award.
John is the founding Director of the Centre for Financial Markets at University College Dublin. He is the Director of the Financial Mathematics Computation Research Cluster (FMC2) a multi-university cross-discipline research body in Finance. John is Associate Editor of the Journal of Banking and Finance, the Journal of International Financial Markets, Institutions & Money and the European Journal of Finance.
John has published many professional papers including in the Review of Financial Studies, the Journal of Banking and Finance, and the Journal of International Money and Finance. He has received many research grants including being a Principal Investigator in the Financial Mathematics Computation Research Cluster (FMC2) funded by Science Foundation Ireland. John was awarded an Outstanding Research Contribution Award at the UCD School of Business, University College Dublin.
John has consulted for many organizations both in and outside Ireland. He has also served as an expert witness in several financial cases.