Paul M. Healy

James R. Williston Professor of Business Administration
Senior Associate Dean for Research

Paul Healy is the James R. Williston Professor and Senior Associate Dean for Research at the Harvard Business School. His research covers a broad range of topics, including financial analysis, Wall Street research, corruption, governance, mergers and acquisitions, and business ethics. He joined the HBS faculty in 1998, after fourteen years on the faculty at the M.I.T. Sloan School of Management, where he received awards for teaching excellence in 1991, 1992, and 1997. He received accounting and finance degrees from Victoria University in New Zealand (1976 and 1977) and a Ph.D. from the University of Rochester (1981). He has published widely in the leading academic and practitioner journals, has received numerous research rewards, and is the co-author of one of the leading financial analysis textbooks. He has taught MBA and executive courses on accounting, financial analysis, corporate boards, and ethical leadership.


  1. Leadership in Financial Organizations

    In the wake of the recent global economic crisis, financial organizations are confronted with volatile financial markets, heightened regulation, and increased public scrutiny of both performance and ethics. this course explores industry-specific subjects related to leadership, change management, ethics, and talent management, and is designed to help leaders of financial organizations navigate the difficult economic and regulatory climate. The course is offered in four of the world's leading financial centers.

    Keywords: Financial Markets; regulation; management; ethical behavior; ethics; Ethical Judgment; talent management; global; financial institutions; Management; Finance; Investment Banking; Financial Institutions; Talent and Talent Management; Ethics;

  2. Strategic Financial Analysis

    This course focuses on the tools used to create economic value. It presents frameworks for assessing strategy, monitoring performance, forecasting capital utilization, valuing strategic assets, and reviewing restructuring opportunities. Participants learn to apply rigorous financial analysis as they evaluate business performance, weigh potential acquisitions, and assess global competition.

    Keywords: strategic change; restructuring; Restructuring; Strategy;

  3. Financial Reporting and Control

    Throughout their careers, business leaders are required to measure and evaluate their organization's economic performance, improve resource allocation and strategy implementation within their organizations, and build accountability for performance through effective external and internal governance. Top leadership in most organizations must also communicate performance information to external investors and other capital providers to ensure that their organizations are able to access capital on favorable terms. This course provides students with key concepts and frameworks that guide the effective design and use of performance measurement systems to accomplish these multiple complex goals.
  4. Leadership and Corporate Accountability

    This course focuses on the responsibilities of companies, their leaders, and their boards. Its aim is to deepend students' understanding of the economic, legal, and ethical dimensions of these responsibilities and to provide practical guidance on driving performance that delivers on all three dimensions. These situations have the potential to define, for good and bad, the careers of executives involved, and to determine the sustainability of their firms. Through a series of difficult dilemmas set in different regions of the world, the course builds a framework for decision-making and explores the elements of effective governance.
  5. Audit Committees in a New Era of Governance

    The last ten years has heightened demands on audit committees. Not only are they responsible for overseeing internal and external audits to ensure that investors receive accurate and transparent information, but they must ensure compliance with new accounting and regulatory rules and standards. This intensive program prepares audit committee members and chief financial officers to operate effectively in this new environment.