IND421 Corporate Economic Analysis II
- ECTS Credits:
- 7.5
- Responsible department:
- School of Business and Law
- Course Leader:
- Rafael Heinzelmann
- Lecture Semester:
- Spring
- Teaching language:
- English
- Duration:
- 1 term
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
EnglishRecommended prerequisites
IND417 Corporate Economic Analysis I
Course contents
The course explores the design and use of different types of management control systems including topics such as cost management, performance management, 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 are able to:
-
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
-
Identify ethical issues related to management accounting and control
-
Evaluate challenges of digitalization from a management accounting perspective.
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Discuss the link between sustainability, management accounting and organisational decision making
Examination requirements
Mandatory assignments must be approved. More information will be given in Canvas.
Teaching methods
Lectures and project work/presentations in groups. For more detalils please see Canvas in the beginning of the semester.
Workload for the average student is approximately 200 hours.
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
Individual written examination, 4 hours: 60%
Written project assignment in groups: 40% of the final grade.
Graded assessment. More information is provided in Canvas.