Course - Management Accounting - AE511516
Management Accounting
About
About the course
Course content
- Relevant costs and benefits for decision making
- Cost-volume-profit analysis
- Full costing
- Costing and cost management in a competitive environment
- Budgeting
- Accounting for control
- Making capital investment decisions
- Managing risk
- Strategic management accounting: performance evaluation and pricing in a competitive environment
- Measuring divisional performance
- Managing working capital
Learning outcome
Learning outcomes:
- to describe key management accounting concepts and techniques, such as cost-volume-profit analysis, budgeting, and variance analysis;
- to explain how different management accounting tools, such as activity-based costing and standard costing, are used to make informed business decisions in global markets;
- to apply cost allocation methods and financial models to real-world international business case studies;
- to analyze financial statements and cost structures of international firms to assess profitability, operational efficiency, and cost behavior in different economic environments;
- to evaluate the effectiveness of different management accounting techniques (e.g., transfer pricing, budgeting, and performance measurement) in improving decision-making for international business strategy;
- to effectively communicate complex management accounting analyses, including financial performance reports, cost allocation methods, and budgeting strategies, to both financial and non-financial stakeholders in a multinational business environment.
Learning methods and activities
Teaching and Pedagogical methods: Lectures, guest lectures, quizzes and discussions, tasks and exercises. Students have the responsibility to come well prepared to class and participate actively in classroom discussions. Students should be prepared to discuss suggested assignment solutions in class.
Mandatory Activities: Class attendance is mandatory. Students are expected to be present at every class including visiting speakers. Permission for absence for personal reasons may be granted. A student missing 20% of the course lectures (including external speakers) will fail the course. The students may establish student groups. The groups can be organised at semester start by students themselves or lecturer (random).
Mandatory attendance applies to all the lectures. However, during the first 3 lectures we can grant a grace period such that students can decide the major they want to pursue. In such a case students must send a request to the course responsible within the first week after the semester starts.
The course is given on campus and requires students to be physically present in the class. Digital sessions can take place at the discretion of the course responsible. The lectures will not be recorded.
Compulsory assignments
- Mandatory attendance
Further on evaluation
Examination: Portfolio assessments counts for 40% of final grade and a three hours written school exam 60%. Number of group based assignments to be included in the portfolio will be given at the beginning of the semester. Students will have to pass both the portfolio and the written school exam in order to complete the course. Portfolio to be handed in via Inspera at specified date which will be announced later in the semester.
Resit examination: A resit exam on the written part will be held the following semester. If a student fail the portfolio but pass the written exam, the student must retake both examination parts in the next ordinary examination period. In case a student wants to improve the grade in the course, one must retake the whole course.
Note that attending lectures are mandatory and 80% attendance is needed in order to get access to the final written school exam.
Examination aids:
Dictionary and calculator.
Specific conditions
Admission to a programme of study is required:
Economics and Business Administration (ØAMSC)
Financial Economics (MFINØK)
International Business and Marketing (860MIB)
Recommended previous knowledge
As for the study program / Bachelor in Business Administration or equivalent education from obtaining an international degree.
Required previous knowledge
As for the study program / Bachelor in Business Administration or equivalent international degree.
Course materials
Will be announced in the course Syllabus.
Subject areas
- Economics and Administration
Contact information
Course coordinator
Department with academic responsibility
Examination
Examination
Ordinary examination - Autumn 2025
School exam
The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.
Longitunial assessment
Submission 2025-11-14 Time Release 12:00
Submission 12:00 Exam system Inspera Assessment