Bala Balachandran began his teaching career in 1960 while a graduate student at Annamalai University, India. In 1967 he moved to the University of Dayton and in 1971, to Carnegie-Mellon University, Pittsburgh, where he taught management courses while working on his doctorate. In 1973 he joined the Kellogg School of Management faculty. He was Chairman of the Department of Accounting Information and Management from 1979 - 1983. In 1984 he was appointed Professor of Accounting Information and Management and was Director of the Accounting Research Center from 1985-2006.
Professor Balachandran's teaching interests included managerial accounting, auditing, management information systems, and mathematical programming. He was one of three Kellogg faculty members who started the Information Resource Management Program (IRM) at Northwestern in 1974. He has authored more than 55 research articles and is currently writing a managerial accounting textbook with emphasis on cost management in an automated manufacturing environment. He was department editor in accounting for Management Science, associate editor for The Accounting Review and on the editorial boards of Contemporary Accounting Research, and the Journal of Accounting, Auditing and Finance.
Professor Balachandran's research dealt with performance evaluation, cost management, audit planning, allocation models, and forecasting. His recent work included auditors' legal liability and game theoretic cost allocation models with transfer pricing. His work has earned numerous scholastic honors, awards, and fellowships, and he served as a consultant to senior management in industry, as well as to the U.S. Air Force, in the areas of accounting, forecasting, and strategic decision support systems. He has provided executive education for various companies and the government and was the program director for "Managing Cost Information for Effective Strategic Decisions," a three-day program conducted at the James L. Allen Center each year during the spring and fall.
Performance evaluation, cost management, audit planning, allocation models
Managerial accounting, auditing, management information systems, mathematical programs