Strategic Cost Management Course is Offered by Executive Education, IIM Ahmedabad
Course 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:
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