2025/2026 KAN-CMIAO1004U Management Control and Finance
English Title | |
Management Control and Finance |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Mandatory |
Level | Full Degree Master |
Duration | One Quarter |
Start time of the course | Spring, Third Quarter |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Study board |
Study Board for Markets & Innovation
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Course coordinator | |
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Main academic disciplines | |
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Teaching methods | |
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Last updated on 28/04/2025 |
Relevant links |
Learning objectives | ||||||||||||||||||||||
This course enables students to identify,
understand and address management control issues in innovative
organisations particularly concerning calculation, planning,
delegation, co-ordination, and financing. At the end of the course
students should have an understanding of the role that management
accounting and finance plays in innovative organisations. Students
should be familiar with the managerial technologies covered by
course curriculum. Moreover, in addition to displaying knowledge of
principles and elements in the different technologies, the student
should be able to understand the strategic and organizational
implications of implementing and using the various managerial
technologies.
This implies that, at the exam, students should demonstrate:
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Examination | ||||||||||||||||||||||
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Course content, structure and pedagogical approach | ||||||||||||||||||||||
The course focuses on various management technologies and
mechanisms – such as target cost management, Activity Based Costing
and financial forecasting that allow phenomena such as innovation,
flexibility, and knowledge to be described so as to make them
manageable. Management control and finance make visible the
portfolio of innovation and knowledge assets, their development,
and the monitoring of their effects.
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Research-based teaching | ||||||||||||||||||||||
CBS’ programmes and teaching are research-based. The following
types of research-based knowledge and research-like activities are
included in this course:
Research-based knowledge
Research-like activities
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Description of the teaching methods | ||||||||||||||||||||||
The course combines dialogue lectures, case work and considerable amounts of student activity in the form of group work and discussions of problems discussed in the literature. | ||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||
Assignment 1: Written individual home assignment
Individual assignment in the form of a quiz to be solved individually. The assignment will consist of specific questions involving calculations and a critical discussion around central topics of the course curriculum. This assignment will help the students test their critical understanding of the course curriculum in line with the course learning objectives. Feedback on the questions will be given on Canvas and in-class discussion will follow. Assignment 2: Written assignment in class Students will be given one assignment to solve individually in class in the form of numeric and essay-type exercises. The solution will be discussed in class to provide students with feedback about their progress and understanding of the course. |
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Student workload | ||||||||||||||||||||||
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Expected literature | ||||||||||||||||||||||
Zimmerman, J. L. Accounting for Decision Making and Control, New York: McGraw Hill, latest ed. (Paperback version)
Journal articles listed in the course Syllabus. |