Karen Shastri

Karen Shastri is a Clinical Associate Professor at the Katz School of Business, University of Pittsburgh. Her expertise spans management accounting, budgeting systems, and financial performance analysis, with notable contributions to non-budgeting firms and criminal justice cost-effectiveness.

• PhD in Accounting (University of Pittsburgh)
• MBA in Finance (University of Pittsburgh)
• BS in Business Administration (University of Baltimore)

Research Focus: Examines organizational effectiveness through financial systems, including budgeting alternatives, real options in capital allocation, and public sector accounting. She explores cost structures in behavioral health programs, electronic fingerprinting, and community policing initiatives.

Scientific Recognition: Awarded IMA grant for budgeting research and recognized for community service in healthcare. Active in editorial roles for Journal of Public Budgeting and peer-review processes.

• Teaches Managerial Accounting, Strategic Cost Management, and Public Sector Accounting
• Board member of National Cyber Forensic and Training Alliance, Renewal Inc., and Lydia’s Place
• Specializes in financial impact of economic events on firms and healthcare entities