Master's Programme in Industrial Economics and Technology Management
Master's Programme in Industrial Economics and Technology Management (5 years)
Language of instruction
English
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.
Course contents
The course is a continuation of the course IND 417 Corporate Economics Analysis I. 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.
Identify, evaluate and discuss the link between sustainability and organizational decision making and its wider implications on the planet and our societies.
Teaching methods
Lectures and project work/presentations in groups. For more detalils please see Canvas in the beginning of the semester.
Examination requirements
Compulsory assignments must be approved in order to be admitted to the exam.
Assessment methods and criteria
Individual written school examination, 4 hours: 60%; written project assignment in groups: 40% of the final grade. More information is provided on Canvas. Letter grades.
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.