Sajay Samuel

Color portrait of Sajay Samuel

Clinical Professor

Department Accounting
Office Address 379 Business Building
Phone Number 814-865-0054
Email Address sxs26@psu.edu

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Sajay Samuel has taught Management Accounting and related subjects to undergraduates, MBA's and Executives over assignments that included stints at Bucknell University and the University of Connecticut. In 2009, he received a Fulbright scholarship to teach and research at the American University of Beirut. His research aims at clarifying some of the foundational assumptions of management thought and practice. Parallel to these researches on management and accounting he also studies political philosophy and history. He has presented the early fruits of this work in France, Italy, Germany and England.

Expertise

Political Economy of the Professions; accounting theory; management accounting framework; student debt

Education

Ph D, Business Administration, The Pennsylvania State University, 1995

MS, Accounting, The Pennsylvania State University, 1990

MA, Finance & Banking, University of Mumbai, 1987

Courses Taught

BA 821 – Managerial Account (2)
Foundations in Management Accounting has two broad aims. First, it is designed to help students grasp the technical aspects of accounting for activities and processes within and between firms. Therefore, students will study methods of a) cost classification & estimation; b) cost measurement & allocation; c) profit planning; and d) evaluation and control of behavior. Second, the course emphasizes the context of managerial accounting. The firm suspends market prices that regulate behavior impersonally. Students will study how economic arrangements are organized in such non-market settings. Unlike financial accounting, the field of management accounting integrates notions from diverse fields including economics and sociology. Crucially, management accounting is situational and therefore requires and hones students' facility in both quantitative analyses and qualitative judgments.

ACCTG 404 – Managerial Acctg (3)
Accounting techniques as planning, control, and motivating devices in business and other organizations; accounting data for decision making and performance evaluation. ACCTG 404 Managerial Accounting (3) This course emphasizes the use of accounting information for internal purposes as opposed to the external disclosure focus of the financial accounting course. The cost covers the vocabulary and mechanics of cost accounting and the design of management accounting systems for planning and controlling operations, and for motivating personnel. The course integrates accounting with ideas from data analysis, decision analysis, finance, microeconomics, and operations management. The themes stressed throughout the course will be the notion that information is costly; the circumstances that necessitate cost allocation, the idea that different costs and different allocation schemes apply for different purposes; and fundamentals of incentive and compensation plans. Among the topics covered are cost behavior, cost-volume analysis, relevant costs, and the use of cost information for decision making. The course will rely on lectures and discussion of case studies.

ACCTG 440 – Adv Mngmt Acctg (3)
Management accounting topics such as decision models, quantitative techniques, variance analysis, and their use in accounting. ACCTG 440 Advanced Management Accounting (3) An in-depth examination of accounting techniques used within modern organizations. The course is designed for students interested in pursuing careers in corporate accounting or financial management. The portfolio of managerial accounting procedures, including cost measurement and allocation, budgeting practices, transfer pricing, and variance analyses appropriate to an organization’s unique circumstances are derived. The student will learn to apply psychological and sociological theories of behavior to practical problems of control and to apply quantitative methods and models to managerial decision-making. Other topics covered by the course may include, financial management of working capital, long-term assets and liabilities; techniques for managing inventory; and strategic cost management including inter-organizational cost management.

ACCTG 496 – Independent Studies (3)
Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.

B A 521 – Introduction to Managerial Accounting (2)
Cost accounting and the design of management accounting systems for planning and controlling operations, and for motivating personnel.

FIN 596 – Individual Studies (Variable)
Creative projects, including nonthesis research, which are supervised on an individual basis and which fall outside the scope of formal courses.

B A 411 – Analyzing Business and Industry (3)
Prepares students to read, interpret, and analyze financial statements effectively in order to evaluate business entities and their industries.

B A 496 – Independent Studies (variable)
Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.

ACCTG 596 – Individual Studies (variable)
Creative projects, including nonthesis research, which are supervised on an individual basis and which fall outside the scope of formal courses.

B A 574 – Business Research (variable)
A project paper, comparable in quality and scope of work to a graduate thesis, on problems of a company.

ACCTG 504 – Seminar in Managerial Accounting (variable)
Accounting and the managerial processes of planning, control, and decision making.

PHIL 498B – Ivan Illich (2)
Formal courses given infrequently to explore, in depth, a comparatively narrowsubject that may be topical or of special interest.

Selected Publications

Samuel S., "A conceptual framework for teaching management accounting." Journal of Accounting Education, 2018
Samuel S., Farage S., "A Pedestrian Thinker." International Journal of Illich Studies, vol. 6, no. 1, 2018, pp. 3-8, journals.psu.edu/illichstudies/article/view/60660, Invited
Samuel S., "The Paradox of World Class Universities." (Cambridge Scholars Publishing), 2018, pp. 116-123, Invited
Covaleski M., Dirsmith M., Samuel S., "Analysing/Interpreting Qualitative Data." (Routledge), 2017, Invited
Covaleski M., Dirsmith M., Samuel S., "Social Constructionist research in Accounting: a reflection on the Accounting Profession." (Routledge), 2017, Invited
Samuel S., "In defense of vernacular ways." (McGill Queens University Press), 2016, Invited
Samuel S., Samuel S., "On Being professional in the 21st century: an empirically informed essay." Auditing: A Journal of Practice & Theory, vol. 34, no. 2, 2015, pp. 167-200
Samuel S., "CCA: A new pathway for Accounting Majors." Strategic Finance, vol. August, 2015
Samuel S., "Dead Zones." Food Issues: An Encyclopedia, edited by Ken Albala, 2014, Invited
Samuel S., "Gorgio Agamben." Ethics, Science, Technology & Engineering: An international resource, 2nd Ed, 2014, Invited
Samuel S., "From the Physical to the Fiscal: monetizing the poor." Public Administration Review, vol. 3, no. 1, 2014, pp. 1-16
Samuel S., "Beyond Economics and Ecology: The Radical Thought of Ivan Illich." (Marion Boyars), 2013
Samuel S., Bavington D., "Fishing Biomass." Finding Animals in Art and Culture, (Penn State Press), 2012, pp. 137-150
Samuel S., "The Complentary Nature of Reality, Peter Barab." Interdisciplinary Science Reviews, vol. 36, no. 2, 2011, pp. 203-206
Samuel S., Manassian A., "The Rise and Coming Fall of International Accounting Research." Critical Persepctives on Accounting, vol. 22, 2011, pp. 608-627
Samuel S., "Le Role des Professions." Espirit, no. 367, 2010, pp. 185-192
Robert J., Samuel S., "Water Runs and Ought to Run Freely: Reflections on 'Scarcity' in Economics." The Limits to Scarcity: Contesting the Politics of Allocation, (Earthscan Publishers), 2010, pp. 109-126
Samuel S., Bavington D., "Energy and Equity in World Fisheries." The International Journal of Illich Studies, vol. 2, no. 1, 2010, pp. 55-64
Samuel S., "Animal Spirits: How Human Psychology Drives the Economy, and Why it Matters to the Global Economy." Contemporary Sociology, 2009, pp. 567-569
Dirsmith M. W., Samuel S., Covaleski M., Heian J., "The Inter-Play of Power and Meta-Power in the Social Construction of 'Entrepreneurial' Professional Services Firms: A Processural Ordering Perspective." Studies in Symbolic Interaction, vol. 33, 2009, pp. 347-387
Samuel S., Covaleski M., Dirsmith M. W., "Accounting in and for U.S. Governments and Non-Profits: A Review of Research and a Call to Further Inquiry." Handbook of Management Accounting Research, (Elsevier Science), vol. 3, 2009
Samuel S., "How Reasonable in Scientific Reason." Ideas on the Nature of Science, (Goose Lane Press), 2009
Dirsmith M. W., Covaleski M., Samuel S., "On the Eclipse of Professionalism in Accounting: An Essay." Accounting, Organizations and Institutions, (Oxford University Press), 2009
Samuel S., "Utlity is Not Useful." KAN: History, Environment, Civilzation, vol. 38, 2009
in Japanese
Samuel S., "Accounting Industry." HIstorical Encyclopedia of American Business, Pasadena: Salem Press, 2009
Samuel S., "Securities and Exchange Commission." Historial Enclyopedia of American Business, Salem Press, 2009
Samuel S., "From Higher Aims to Hired Hands: The Social Transformation of American Business Schools and the Unfulfilled Promise of Management as a Profession by Rakesh Khurana." Journal of Education in Business, 2009
Samuel S., "How Reasonable is Scientific Reason." Ideas on the Nature of Science, (Goose Lane Editions), 2009, pp. 205-222
Samuel S., "The Institutionalization of Social Welfare: A Study of Medicalizing Management by Mikael Holmqvist." Administrative Science Quarterly, 2008
Samuel S., Dirsmith M. W., McElroy B., "Monetized Medicine: From the Physical to the Fiscal." Accounting, Organizations and Society, vol. 30, no. 3, 2005, pp. 249-278
Samuel S., "Stained Steel: ESOPs, Meta-Power, and the Ironies of Corporate Democracy." Symbolic Interaction, vol. 27, no. 3, 2004, pp. 383-403
Samuel S., Dirsmith M. W., Covaleski M., "Changes in the Institutional Enviroment and the Institutions of Governance: Extending the Contributions of Transaction Cost Economics Within the Management Control Literature." Accounting, Organizations and Society, vol. 28, no. 5, 2003, pp. 417-441
Samuel S., "Flying High on Deconstruction and Reasonable Value." Journal of Economic Issues, vol. 32, no. 4, 1998, pp. 1130-1135
Samuel S., Dirsmith M. W., Covaleski M., Heian J. B., "The Calculated and the Avowed: Techniques of Discipline and Struggles Over Identity in Big Six Public Accounting Firms." Administrative Science Quarterly, vol. 43, no. 2, 1998, pp. 292-327
Samuel S., Dirsmith M. W., Covaleski M., "A Strategic Deconstruction of John R. Common's Regulatory Discourse." Journal of Economic Issues, vol. 31, no. 1, 1997, pp. 1-27

Research Impact and Media Mention

"http://www.ted.com/talks/sajay_samuel_how_college_loans_exploit_students_for_profit", www.ted.com, Web

Editorship

Journal of Education in Business, Editorial Board, January 2007 - Present
Consulting Editor