Sharon Katz, Co-Faculty Director
Associate Professor of Accounting
Professor Katz’s research is focuses on private equity and the financial behavior of private versus public firms, and for his achievements in research and teaching he has been awarded such honors as the American Accounting Association Competitive Manuscript Award, the Best Paper in Private Equity from the Financial Economics and Accounting Conference, and the Columbia Business School Dean’s Award for Teaching Excellence. Professor Katz is frequently cited in the popular press and trade publications such as The New Yorker, Mergers & Acquisitions Journal, Financial News, Private Equity News, and Directorship, and brings real-world practice to his research, having first worked as a corporate lawyer in Israel before moving into investment banking at Citigroup in New York, specializing in Mergers and Acquisitions for Private Equity Sponsors. Prior to joining the Columbia Business School faculty, he was faculty at Harvard Business School, teaching Business Analysis and Valuation to both MBA and Executives.
Doron Nissim, Co-Faculty Director
Ernst & Young Professor of Accounting & Finance
Professor Nissim earned his PhD in Accounting at the University of California, Berkeley, and joined Columbia Business School in 1997. In 2014, he was reappointed as the Chair of the Accounting Division, after previously serving as the chair from 2006 to 2009.
Professor Nissim’s research is primarily in the areas of equity valuation, fundamental analysis, and earnings quality. His studies investigate various issues related to fundamental and relative (price multiple) valuation, corporate and personal taxes, market efficiency, reliability and relevance of financial disclosures, corporate finance, and financial institutions. Professor Nissim’s research has been published in such internationally acclaimed accounting and finance journals as the Journal of Finance, the Journal of Accounting Research, theAccounting Review, the Review of Accounting Studies, Contemporary Accounting Research, and Journal of Banking and Finance, as well as in practitioner-oriented journals such as theFinancial Analysts Journal and The Journal of Financial Perspectives. Professor Nissim’s research is frequently cited in the popular press, including The Wall Street Journal, Time, The New York Times, Bloomberg, Chief Executive Magazine, The Economist, and theInternational Herald Tribune. Professor Nissim served as an editor of the Review of Accounting Studies from 2006 to 2013.
At Columbia Business School, Professor Nissim teaches MBA, EMBA and PhD courses in financial accounting, earnings quality, fundamental analyses, valuation, and research methods. In 2009 professor Nissim developed a class titled “Earnings Quality and Fundamental Analysis,” which has become one of the most highly attended courses at Columbia Business School and has been recognized by the school’s Teaching Curriculum Committee as “an excellent, carefully constructed course which provides students with valuable insights and lasting concepts.”
Professor Nissim serves as the director of two executive education programs: Financial Analysis and Valuation for Strategic Decision Making, and Finance and Accounting for the Non-financial Executive. He also teaches in other open enrollment as well as custom executive education programs. Professor Nissim consults extensively, both to buy- and sell-side firms as well as to other entities. His consulting focuses on equity valuation, fundamental analysis, earnings quality, investment management, and financial institutions.
Professor Nissim has received several honors and awards, including a prize from the Financial Executive Research Foundation for “the article from those published in theAccounting Review, which had the greatest import for users and preparers of financial reports;” Morgan Stanley Award for Contributions to the Development of ModelWare Core Strategies; two nominations for the Brattle Prize at the Journal of Finance (outstanding paper in corporate finance); and two teaching awards: Columbia Business School Dean’s Award for Teaching Excellence in a Core Course, and Columbia Business School Dean’s Award for Teaching Excellence.
Amber E. gave this class 4 out of 5 CourseHorse stars.