Master's Programme in Industrial Economics and Technology Management
Master's Programme in Industrial Economics and Technology Management (5 years)
Language of instruction
Upon successful completion of this course the student should:
Use cost management considerations for decision making incl. decisions on onetime delivery, pricing etc.
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 able to discuss the impact og digitalization on management accounting and control
The course is a continuation of the course IND 417 Corporate Finance and Economics. 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, budgeting and beyond budgeting.
Decentralisation and transfer prices
Pricing of products
Performance management and Balanced Scorecard
Burdgeting and beyond budgeting
Impact of digitalization on management accounting and control
Lectures and project work. Requirements to project work is given in the beginning of the semester in Canvas.
Assessment methods and criteria
Written examination, 4 hours, accounts for 60% and project assignment in groups accounts for 40% of the final grade. More information in Canvas. Graded assesment.
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.