Study Guide

Learning outcomes

The student is able to
- produce cost-volume-profit analyses
- identify cost drivers and apply cost data in price setting
- draw up budgets and define the budgeting process

Implementation and methods of teaching

The course will be run in three-week cycles. Each cycle includes a lecture, an exercise session (including case assignments etc.) and self study exercises / assignments. At the end (week 49) an online exam.

Link to course description:
https://echo360.org.uk/media/b8786b76-f1b4-4199-a29c-f73431c57df1/public

Timing and attendance

The course will run during the whole autumn period from September to December. Class attendance is not mandatory, but absence from classes requires active and intensive self study and learning.

Learning material and recommended literature

Material provided by the lecturer in Moodle.
Additional reading e.g.: Drury, Colin. 2006 (or newer). Management Accounting for Business. London: Thomson.

Exam retakes

A retake possibility for the exam is on week 50. After that, retake can be taken in the Exam system.

Student time use and work load

5 credits corresponds approximately 135 hours of student's use of time.

Contents

Course content: introduction to management accounting, cost concepts, cost-volume-profit analysis, cost-based pricing and budgeting.

Assessment criteria

Assessment is based on exam and assignments.

Assessment scale

1-5

Failed (0)

Student does not reach the learning objectives.

Assessment criteria: level 1 (assessment scale 1–5)

Student reaches the learning objectives and in the exam and assignments shows a satisfactory level of knowledge and competence in the subjects covered in the course.

Assessment criteria: level 3 (assessment scale 1–5)

Student reaches the learning objectives and in the exam and assignments shows a good level of knowledge and competence in the subjects covered in the course.

Assessment criteria: level 5 (assessment scale 1–5)

Student reaches the learning objectives and in the exam and assignments shows an excellent level of knowledge and competence in the subjects covered in the course.