International Business: Management Control Systems

Management control focuses on how organisations influence their employees and managers to implement strategic goals. The course introduces you to central concepts such as cost-volume-profit analysis, cost accounting, budgeting, measuring performance with financial and nonfinancial indicators and capital investments. You will also explore how to manage risks and work with strategic management control.

The course consists of four parts:

• introduction to cost concepts, cost accounting and the role of controllers
• planning and budgetary control systems
• capital investments, risk management and strategic management accounting
• managing working capital

Course literature

The course literature listed may be updated up to eight weeks before the course begins.

Prerequisites

General and courses corresponding to the following Swedish Upper Secondary School Programs: Mathematics 3b/3c and Social Studies 1b/1a1+1a2