Strategic Cost Management Course is Offered by Executive Education, IIM Ahmedabad
DurationCourse Objectives:
The importance of managing costs and aligning them with the business strategy of an entity is critical especially in the midst of challenging economic times faced by businesses today. Recognising that different costing systems and strategies need to be used for different managerial decisions, this programme aims to:
Develop an understanding of various costing systems in different strategic decision situations.
Provide the details of contemporary issues in costing systems such as activity-based costing and pricing, target costing, etc.
Provide a comprehensive view on management control covering control structure issues like profit centres/SBUs and control process issues like budgeting, budgeting games, and performance evaluation.
Provide tools for tracking organisational performance.
Programme Highlights:
Relevant costs for different decision-making situations.
Activity-based costing and management and customer profitability analysis.
Profit centres / SBUs and issues related to transfer pricing and profitability.
Budgeting.
Performance evaluation using strategic variance analysis.
Role of costing in managing organisational performance.
IIMA has been offering Executive Education (MDP) programmes right from its inception in 1961.Over the years, it has offered 1800 plus programmes.
It was a deliberate decision to begin the academic activities at IIMA with an Executive Education Programme (EEP). The first set of executive courses designed, developed, and offered by IIMA have now become popular as the 3-Tier Programmes (3TP).
Since then, IIMA has been constantly adding to the list of EEPs. For the academic year April 2016 - March 2017, around 100 EEPs have been planned including a few new programmes. This list includes the flagship EEPs such as:
Embark on a transformative journey in our SCM (Strategic Cost Management) course, integrating theoretical knowledge with hands-on experience. This comprehensive program equips you with crucial analytical skills for the contemporary business landscape.
Costing course is offered by V.L Institute of Management Sciences. We all know the significance of frequent grooming of its Faculty to fulfill the problems and troubles in the long run and, thus, has rather powerful and organized education & teaching methods Adopting dedicated systems.
Our Certification in Financial Budgeting Training in Bangalore will cover preparing budget, forecast, plan for start-up and private companies, sector/industry analysis, Industry/sector/company drivers’ analysis, interpretation & forecasting, products/services analysis & forecasting.
Budgeting course is offered by IACT Global. Learn how to create and maintain a budget that aligns with your financial goals, helps you track your expenses, and ensures you're saving for the future.
In Managing Costs and Budget More Effectively training course, you will discover how to quantify the results of your work. Determine whether the profit earned is higher than the costs of site space, machines, inventory, customer credit, etc. and measure the value they create.
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