IND421 Corporate Economic Analysis II (Spring 2024)
- ECTS Credits:
- 7.5
- Responsible department:
- School of Business and Law
- Course Leader:
- Rafael Heinzelmann
- Lecture Semester:
- Spring
- Teaching language:
- English
- Duration:
- ½ year
Table of contents
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
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.
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 and learning methods
Examination requirements
Examinations
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.