The course is connected to the following study programs

  • Master's Programme in Industrial Economics and Technology Management
  • Master's Programme in Industrial Economics and Technology Management (5 years)

Teaching language

English

Course contents

The course is a continuation of the course IND 417 Corporate Economics and Finance. It explores the design and use of different types of management accounting systems including among others topics such as Cost management, performance management, Activity-based costing, Balanced Scorecard, digitalization, sustainability and ethical issues related to management accounting. The critique of traditional management accounting is presented, and examples of alternative approaches such as "beyond budgeting" are discussed.

Learning outcomes

Upon successful completion of this course the student should:

  • Use cost management considerations for decision making.

  • Apply the balanced scorecard as tool of performance management

  • Critically evaluate Key Performance Indicators

  • Discuss the problems of traditional budgeting and its alternatives

  • Be able to identify ethical issues related to management accounting

  • Be familiar with the challenges of digitalization from a management accounting perspective.

Teaching methods

Lectures and project work/presentations. For more detalils please see Canvas in the beginning of the semester.

Evaluation

The Head of study programme, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.

Assessment methods and criteria

Written examination, 4 hours: 60%; project assignments/presentations in groups: 40% of the final grade. More information is provided on Canvas. Letter grades.

 

Last updated from FS (Common Student System) June 30, 2024 1:36:34 AM