Faculty & Research
A Thorough Grounding
Students gain specific skills for financial reporting in a global economy.
Faculty Spotlight: “By the Numbers”
Galen Sevcik, Director and Professor
Ph.D., University of Minnesota; MBA, University of Minnesota
BA, Carleton College
As director of the School of Accountancy, Galen Sevcik presents a mixture of lectures, discussions, and active learning exercises in his courses on financial statement analysis and managerial accounting. In the financial statement analysis course, students learn about the metrics and drivers of financial performance and the financial condition of organizations. The managerial accounting course broadens students’ understanding of how costs are measured and controlled, how business segments control and measure performance and condition, and how financial plans are developed.
According to Sevcik, he “has religion” on how important it is that all MBA students understand accounting – no matter what their area of specialization. He often engages students and helps them make the connection between accounting and the overall operations of an enterprise by taking a “ripped from the headlines”
approach and discussing what’s in the Financial Times or the Wall Street Journal.
Sevcik’s research has provided evidence of the key determinants of auditor independence and how those determinants interact. His many studies have been published in leading scholarly journals including The Accounting Review; Behavioral Research in Accounting; Contemporary Accounting Research; Auditing: A Journal of Practice & Theory; and Accounting, Organization and Society.
A member of the American Institute of Certified Public Accountants, Institute of Management Accountants, Minnesota Society of CPAs, and the American Accounting Association, Sevcik brings previous teaching experiences from the universities of Arizona and Texas at Austin to the Robinson College. He also has experience as a financial analyst at FMC Corporation and as an auditor at PricewaterhouseCoopers.
A native of Northfield, Minn., he also brings a 100 percent Czech heritage to his university life, with great-grandparents hailing from villages in Bohemia.