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Ira Weiss specializes in tax strategy, financial accounting, and venture capital. He teaches advanced MBA courses in tax strategy, accounting, and entrepreneurship. Currently, Weiss offers courses such as Taxes and Business Strategy and Accounting for Entrepreneurs: Start-Up to IPO. He emphasizes the importance of understanding how to make business decisions in a tax-efficient manner. His teaching often includes practical examples such as merger and acquisition transactions. Weiss developed a new accounting course, Accounting for Entrepreneurs, that is offered seven times a year. He has held positions at accounting and consulting firms like Ernst & Young and Coopers & Lybrand, and he serves on the boards of several start-up companies. Weiss earned his bachelor's degree in accounting from the University of Illinois in 1992 and received both an MBA and a PhD from the University of Chicago Booth School of Business in 1999 and 2001, respectively. He is a licensed CPA in the state of Illinois and enjoys college basketball, mountain biking, and engaging in local politics, particularly in efforts to address pension challenges in Illinois.
The doctoral program at Booth is organized into 'dissertation areas' which include Accounting, Behavioral Science, Econometrics and Statistics, Finance, Marketing, and Operations Management.