Chief Financial Officer Program

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Chief Financial Officer Program CHIEF FINANCIAL OFFICER PROGRAM Columbia Business School is the only Ivy League institution that delivers a learning experience where academic excellence meets real-time exposure to the pulse of business in New York City. Established in 1916, Columbia Business School is among the most prestigious business schools in the world. CONTENTS Program Overview 4 Program Highlights 5 Program Curriculum 6 Core Modules 7 Online Electives 10 Open-Enrollment Electives 11 Meet the Faculty 12 Certificate in Business Excellence 14 Select Alumni Benefits 15 Participant Profile 16 Application Process 17 About Columbia University 18 About Columbia Business School 19 Contact Us 20 PROGRAM OVERVIEW As the global economy and organizations have evolved, so has the role of the Chief Financial Officer (CFO). Organizations are witnessing profound changes because of global crises, innovations in technology, business models, and rising expectations from boards and stakeholders. Today, the CFO’s role has expanded beyond the duties of financial reporting and statutory compliance. The modern CFO acts as a strategic leader who drives direction and growth across the organization, while leveraging financial data and analytics in an increasingly dynamic regulatory environment. CFOs are seen as inspirational, long-term value leaders who drive innovative strategies to accelerate the digitization of finance. That’s why now, more than ever, CFOs must be strategic partners, able to nimbly execute and assertively communicate the strategies that will propel their companies forward. The Chief Financial Officer Program from Columbia Business School Executive Education will help financial leaders take the next step in their careers. Through a It tackles various themes during the comprehensive curriculum driven by intensive nine-month multimodal learning world-class faculty and the latest industry journey structured around value creation, research and insights, senior leaders will capital markets, risk management, develop the knowledge and skills to leadership, and relevant skill development seamlessly transition into the CFO role. for the CFO role. At the end of this program, This program will help participants drive participants will emerge equipped with the financial frameworks that embrace global skills, tools, and frameworks needed to lead business strategies while preparing them financial transformation and handle to manage investors, analysts, and the increasingly complex challenges being board to optimize business efficiency. faced by their organizations. Chief Financial Officer Program | 4 PROGRAM HIGHLIGHTS CORE CURRICULUM HIGH TOUCH Kick-start your program journey Experience live online sessions with 18 weeks of core online and guest lectures by industry learning, imparting essential skills experts. for the CFO role. WORLD-RENOWNED PEER LEARNING FACULTY Learn from high-achieving peers Learn from Ivy League faculty, from around the globe and build thought leaders, and financial your network. industry experts. CHOICE OF ELECTIVES CAPSTONE PROJECT Select from relevant topical electives Apply your learnings to tackle to gain skill sets specific to your real-world business challenges career goals. guided by success coach led group coaching sessions. NETWORKING EVENT SELECT ALUMNI BENEFITS Interact with faculty, peers, and Receive select Columbia Business global industry leaders at a three-day School alumni benefits upon on-campus networking event. completion of the program. Chief Financial Officer Program | 5 PROGRAM CURRICULUM The Chief Financial Officer Program is a flexible learning journey designed for senior leaders in finance. You will learn through online and interactive sessions, fireside chats, and guest lectures led by Ivy League faculty and global industry leaders. The program offers an expertly developed curriculum that spans three principal themes which will equip you with the necessary tools to drive financial strategy and lead digital transformation at your organization. Program Orientation September 2021 Core Modules: Online | 18 Weeks • Value Creation and Strategy Audit • CFO Leadership Style • CFO as a Strategic Partner to the CEO • Capital Allocation • Capital Markets: M&A and Integration • Managing Performance and Compensation • Raising Capital • Managing Investors • Working With Boards • Capital Markets: Regulatory Compliance • ERP Systems, Legacy Systems • Tomorrow's CFO: Looking Into the Future Online Electives | 12 Weeks (Select Two) • Mergers and Acquisitions • Financing Growth • Corporate Governance • Sustainable Investing • Scenario Planning and Forecasting Open-Enrollment Electives: In Person or Live Online Select one or two programs from Columbia's Open-Enrollment portfolio*. Click to learn more. *Restrictions based on length and approval of program leader. Graduation and Networking Event: In Person | Three Days* *This event will occur annually in New York City upon the completion of every fourth cohort of this program. Note: Session topics are subject to change. Chief Financial Officer Program | 6 CORE MODULES The Chief Financial Officer Program will provide you with the tools and frameworks to enhance your financial leadership and sharpen your decision-making skills. It will help you evaluate current strategies against financial metrics and drive growth while creating value for your organization. Value Creation and Strategy Audit How does the firm create revenue, margins, and asset turns? Information beyond the financial statements: 360-degree feedback on the firm’s value drivers Change costs, implement operational improvements, and make business model refinements Valuation of the firm Designing the corporate portfolio for optimal value creation Strategy audit: identifying drivers of differentiation and costs; analyzing the value proposition of business models and the desired capabilities and activities Linking strategic choices and their value implications to financial metrics Making strategic decisions for growth and margin Responding to competition Note: Session topics are subject to change. Chief Financial Officer Program | 7 CORE MODULES CFO Leadership Style Managing and motivating technical teams Communicating effectively with different functions and business units Developing leadership skills over the course of your career CFO as a Strategic Partner to the CEO Building trust with your Chief Executive Officer Working as a senior executive team towards the best interests of the business Capital Allocation Balancing the disciplining aspects of finance with its ability to support innovation Capital expenditure: how to split between payouts and acquisitions via dividend and stock buybacks Credit ratings and implications for capital structure Capital Markets: M&A and Integration The merger and acquisition process: strategy, valuation, and execution Sourcing acquisition targets Managing integration Negotiating on price Managing Performance and Compensation Designing key performance indicators to translate strategy into performance targets Developing compensation plans to retain employees Note: Session topics are subject to change. Chief Financial Officer Program | 8 CORE MODULES Raising Capital Identifying the right kind of investor to cultivate Dealing with credit rating agencies Managing Investors Balancing the push for greater transparency from investors with potential competitive harm from disclosure Managing investor and analyst quarterly earnings calls Working with Boards Managing board meetings Communicating results effectively to the board Capital Markets: Regulatory Compliance Understanding the legal aspects of the business Following local and federal guidelines ERP Systems, Legacy Systems Dealing with enterprise resource planning systems Tomorrow's CFO: Looking into the Future What does a CFO have to worry about in the medium- to long-run? Note: Session topics are subject to change. Chief Financial Officer Program | 9 ONLINE ELECTIVES During the Chief Financial Officer Program, you will be able to choose two electives from relevant areas of specialization. These electives are designed to supplement the core learning process, enhance your skill sets, and explore practical strategies that help advance your career. Each elective is taught over approximately six weeks. 1. Mergers and Acquisitions 2. Financing Growth 3. Corporate Governance 4. Sustainable Investing 5. Scenario Planning and Forecasting Note: Electives are subject to change. ChiefChief Financial Financial Officer Officer Program Program | 1 |0 9 OPENENROLLMENT ELECTIVES Select one or two programs—in person or live online—from relevant specializations that are designed to help you lead growth and drive change in a dynamic business environment. Participants can work with their program leaders to identify the best fit for them based on their goals. Some of the examples include: 1. Digital Investing 2. Real Estate Investing 3. Fixed Income and Credit Markets 4. Marketing and Business Development in Financial Services 5. Behavioral Finance Note: Electives are subject to change. Chief Financial Officer Program | 11 MEET THE FACULTY Shivaram Rajgopal Faculty Director Shivaram Rajgopal is the Kester and Byrnes Professor of Accounting and Auditing at Columbia Business School. He has also been a faculty member at Duke University, Emory University, and the University of Washington. Rajgopal’s research interests span financial reporting, earnings quality, fraud, executive compensation, and corporate culture. His research is frequently cited in popular press, including The Wall Street Journal, The New York Times,
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