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«Cost and Management Accounting» (12 hours)

Course objective:

“Cost and management accountings” with the compilation of basic knowledge within the standards of the MBA program. Synergy of two major areas: Corporate Finance and Management, and their interaction in the creation of modern knowledge and practice, doing business following the professional and  ethical  principles in partnerships between corporations, banks and regulators.

 

It is intended to implement perceptions of the impact of uncertainty arising from the environment complexity in which the CEO, CFO, financial analysts of Russian companies and banks are to take decisions into practice of management.

 

The course provides a classification of costs, methods of assessments in corporate finance, describes the process control technique to create additional value, various ways of risk assessment and risk management are considered.

 

The main goal of discipline is to teach the ground concepts of the opportunities in the frame of MBA program and challenges of modern corporate finance, cost analysis, budget planning and effective management models.

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