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2023/2024  KAN-CSDEO1001U  Management Accounting for Design and Innovation

English Title
Management Accounting for Design and Innovation

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Quarter
Start time of the course Fourth Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Social Sciences
Course coordinator
  • Leonardo Santiago - Department of Operations Management (OM)
Main academic disciplines
  • Innovation
  • Management
  • Accounting
Teaching methods
  • Face-to-face teaching
Last updated on 26-06-2023

Relevant links

Learning objectives
  • Reflect upon the role of costing and management accounting principles in the innovation process, design activities, and new venture formation.
  • Use models, terms, perspectives and theories presented on specific cases and examples for the purpose of identifying costing and management accounting problems.
  • Undertake analysis and present general and/or specific solutions, based on the course program, regarding costing and management accounting principles and calculations.
  • Discuss solution’s practical implications and limitations with regards to innovation, design, and new venture formation.
Management Accounting for Design and Innovation:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Summer
Aids Limited aids, see the list below:
The student is allowed to bring
  • USB key for uploading of notes, books and compendiums in a non-executable format (no applications, application fragments, IT tools etc.)
  • An approved calculator. Only the models HP10bll+ or Texas BA ll Plus are allowed (both models are non-programmable, financial calculators).
  • In Paper format: Books (including translation dictionaries), compendiums and notes
The student will have access to
  • Advanced IT application package
Make-up exam/re-exam
Same examination form as the ordinary exam
The number of registered candidates for the make-up examination/re-take examination may warrant that it most appropriately be held as an oral examination. The programme office will inform the students if the make-up examination/re-take examination instead is held as an oral examination including a second examiner or external examiner.
Course content, structure and pedagogical approach

The purpose of the course “Management Accounting for Design and Innovation ” is to address skills to students with interest in business involving design and innovation activities. In particular, the course addresses how management accounting can be a technology of management to support innovation process, design activities, and new venture formation.


In this course, the aim is to integrate issues like the specific planning and organization of innovative companies, calculation practices and performance measures with design activities and processes to help understand how companies can cope with strategic decision making on design and innovation issues. The practical and operational implementation of these strategic, design decisions in financial dimensions; budgeting and the choice of transfer price practices in firms are concrete examples of some of the management issues discussed in the course.


The students are intended to acquire specific knowledge on how companies use costing and accounting information for decision-making and control throughout the innovation process. The accounting information is used, for example, to allocate costs to products and projects, to inform and calculate prices, to create incentives for the development team, to estimate profit and to assess common resources used by distinct departments. At the same time, the companies have to deal with organizational matters like who has the decision rights regarding making optimal decisions on behalf of the company.


For the survival of these companies, it is crucial that principals (shareholders) and employees are able to connect the design side of the company with the costing and management accounting side, the processes of product design/development as well as the production and price formation processes.

Description of the teaching methods
The course is structured in order to provide the students with the multi­disciplinary knowledge needed to formulate and execute costing and management accounting choices for managers dealing with innovation, design activities, and new venture formation.

The lectures will be carried on through a dialogue with the students. The dialogues and the presentation of syllabus will focus on the combination of theory, cases and exercises. Because of this format class attendance and participation is essential.
Feedback during the teaching period
Feedback will be offered during the course in three distinct ways. First, students will get feedback during the lectures in the form of interaction with the teacher if any question arises. During the workshops, students will receive one on one feedback on their individual inquiry (on demand). That is to say, during the workshops, students can request instructors to clarify their specific questions on the assignment and on the curriculum, in order to solve the exercises and problems that are to be addressed on that session. Third, also during the workshops, the instructor will provide summative feedback to the class by addressing the challenges perceived during the one on one interaction. It is expected that students actively participate in lectures, workshops, and exercises. Additional individual feedback can be obtained during the office hours.
Student workload
Class attendance 33 hours
Preparation for lectures and workshops 124 hours
Workshops 8 hours
Preparation for the exam 37 hours
Exam 4 hours
Last updated on 26-06-2023