|Management Control Systems, advanced course, 10 ECTS Credits|
|AIM OF THE COURSE|
|After completed the course the students should be able to:
- plan what the organization should do in order to achieve the goals.
- coordinate the activities of different parts in the organization.
- communicate business information to the members of the organization.
- evaluate of the effectiveness and efficiency of performances
- decide what action should be taken to attain the organizational goals.
- influence and motivating people to behave in a goal congruent way.
|This course will develop the students knowledge and skills of how managers influence other members of the organization to implement strategies in an efficient and effective way. The central focus in this course is strategy implementation and an effective use of resources in order to achieve the organizational goals. In particular the course provides knowledge, insight and analytical skill to design management systems and to plan and control the firm’s performance. Management control involves a variety of activities that the students should understand be able to practice after having successfully completed the course.The students will be introduced to the nature of management control, its background, definition and theoretical framework. In the course we will focus on three important perspectives of management control.
First the management control environment that will help us to understand strategies and behaviour in organizations. We will also learn how to design responsibility centers and goal congruent transfer prices.
Then the focus will be on the management control process with strategic planning, budgeting and analysing. In this section we will go deeper into the problems of performance measurement and management compensation.
Finally we will study variations in management control such as different strategies, service organizations, multinational business and projects.
| The pedagogical core of this course is the cases that emphasise actual and relevant management control practice. The cases not only require the student to analyze real business situations, but also give a feel for what actually happens in companies. The cases are not necessarily intended to illustrate either correct or incorrect management and in many cases there are no right answers. The educational value of the cases comes from the practice the students receive in analysing management problems and in discussing and defending his or her analysis before the class. The case seminars will be supported by lectures that cover the theoretical readings in the course literature.
Each week will focus on a specific management control problem and will normally be organized with one lecture and two case seminars. The cases will be analysed by case groups and each group is expected to present and discuss their analysis in each seminar. The groups shall also hand in a short report (one page) for every case at the seminars.
|The examination is spread out over the hole course period through various examining activities, both individual and teamexamination are used.
- Written literature test (individual)
- Case seminars (team)
- Oral final exam (team and individual)
Students failing an exam covering either the entire course or part of the course two times are entitled to have a new examiner appointed for the reexamination.
Students who have passed an examination may not retake it in order to improve their grades.
A Bachelor´s in Business Administration or Economics with at least 90 ECTS credits/60 credits points i.e. three semesters of studies in business administration or economics (equivalent). Documented knowledge of English equivalent to "Engelska B"; i.e. English as native language or an internationally recognized test, e.g. TOEFL (minimum scores: Paper based 575 + TWE-score 4.5, and internet based 90), IELTS, academic (minimum score: Overall band 6.5 and no band under 5.5), or equivalent.
|The course is graded according to the ECTS grading scale A-F|
|Course certificate is issued by the Faculty Board on request. The Department provides a special form which should be submitted to the Student Affairs Division.|
|The course literature is decided upon by the department in question.|
|Planning and implementation of a course must take its starting point in the wording of the syllabus. The course evaluation included in each course must therefore take up the question how well the course agrees with the syllabus.
The course is carried out in such a way that both men´s and women´s experience and knowledge is made visible and developed.