Course - Management Accounting and Control - BMPA4025
Management Accounting and Control
Choose study yearAssessments and mandatory activities may be changed until September 20th.
About
About the course
Course content
The course is an introduction to the understanding and application of essential financial terms. Particularly, opportunity cost and sunk cost, are emphazised. Most methods applied in the public sector has its origin in the private sector. Therefore, the methods origin and assumptions are discussed. Also, different kinds of performance measurement are discussed, including the relevance and possibility of including sustainability measures. Essential tools such as financial statements, budgets, and costing systems will be dealt with.
Learning outcome
Knowledge
The student must be able to explain and account for key concepts and methods used in financial analyses. Examples of terms that must be explainable: Opportunity cost, sunk cost, decision-relevant costs, cost, cash flow, present value, accrual. Examples of tools that must be able to be explained: full-costing, net present value, the balance equation. In addition, the student must have knowledge of different budget models, sub-budgets and main budgets, units of responsibility and transfer pricing, basic cost distribution, as well as performance measurement.
Skills
The student must be able to apply economic theory to contribute to better use of resources, be able to use accounting, budgets, calculate actual costs, and be able to carry out simple investment analyses.
Competence
The student must develop the ability to apply the theory in their own workplace. This involves, among other things, being able to ask critical questions about, and reflect on, key assumptions and assumptions on which financial management rests. The subject contributes to initial thinking about how financial management can contribute to developing sustainable thinking. The student must also be able to acquire up-to-date knowledge within the above-mentioned areas of knowledge and skills in the subject.
Learning methods and activities
Teaching, group work, self studies and submissions
Compulsory assignments
- Mandatory Assessment
Further on evaluation
MANDATORY REQUIREMENT: To qualify for evaluation, the student must have passed a work requirement written in groups of two to three persons.
EVALUATION: 48 hours Digital Home exam.
To qualify for evaluation, 70% attendance is required in the course.
The course is only available to students who are admitted to the Master of Public Administration program at NTNU School of Business
Specific conditions
Admission to a programme of study is required:
Public Administration (ØAMPA3)
Recommended previous knowledge
None
Required previous knowledge
As for he admission to the study programme.
Course materials
Will be announced in the first lesson.
Credit reductions
| Course code | Reduction | From |
|---|---|---|
| BMPA4022 | 10 sp | Spring 2018 |
| MPA22 | 15 sp | Spring 2018 |
Subject areas
- Economics and Administration