IND421 Corporate Economic Analysis II (Spring 2026)
- ECTS Credits:
- 7.5
- Responsible department:
- School of Business and Law
- Course Leader:
- Terje Heskestad
- Lecture Semester:
- Spring
- Teaching language:
- Norsk
- 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
Recommended previous knowledge
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
- Discuss the link between sustainability, management accounting and organisational decision making
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.
Teaching and learning 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.
Examination requirements
Examinations
Individual written examination, 4 hours: 60%
Written project assignment in groups: 40%
Graded assessment.
More information is provided in Canvas.