| Detailed information |
| Pre-requisites |
(*)Fach Externe Unternehmensrechnung, Fach Interne Unternehmensrechnung,
und KS Grundlagen Operatives Controlling
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| Original study plan |
Bachelor's programme Business Administration 2025W |
| Learning Outcomes |
Competences |
| Learning Outcomes
Students should become familiar with the wide range of management control mechanisms and instruments employed by for-profit and not-for-profit organizations. They should be able to identify, use, design and critically evaluate the main management control system frameworks organizations use.
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| Skills |
Knowledge |
Learning Outcomes
- LO3: Apply the acquired knowledge at both conceptual and operational levels to real-world case studies to identify management control problems and possible solutions.
- LO4:
- Independently analyze the various management control systems implemented in profit and non-for-profit organizations.
- Use the technical language typical of the subject to communicate clearly and unambiguously with specialists in the field and non-specialist interlocutors.
- LO5: Use own judgment and critical reasoning to evaluate the appropriate design and use of management control instruments and mechanisms in different situational contexts.
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Learning Outcomes
- LO1:
- Recall the underlying concepts and components of management control systems.
- Recall the underlying concepts of corporate governance and ethics and their role in management control practices.
- LO2:
- Acquire adequate knowledge regarding the main frameworks for management control systems, particularly focusing on Merchant and Van der Stede (2017) and Malmi and Brown (2008).
- Acquire adequate knowledge regarding the main corporate governance models.
- Acquire adequate knowledge regarding the main ethical models.
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| Criteria for evaluation |
Students can reach a total of 120 points:
- 70 points can be achieved with the final or retry exam.
- 30 points can be reached by individually analysing the management control systems of a selected company and writing an essay. Individual work is mandatory.
- 20 points can be reached by working in small groups on a selected case study and discussing the results with the class. Group work is mandatory.
Assignment and final/ retry exam must be both passed positively (at least 30 points each)
Final grades will be given as follows:
| Points | Grade |
|---|
| 105-120 | 1 (very good) |
| 90-104 | 2 (good) |
| 75-89 | 3 (acceptable) |
| 60-74 | 4 (sufficient) |
| 0-59 | 5 (not sufficient) |
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| Methods |
Teaching combines frontal lectures, supported by slides and literature, active participation of students and in-class discussions. Individual and group work are also provided.
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| Language |
English and French |
| Study material |
- Management Control Systems: Performance Measurement, Evaluation and Incentives by Kenneth A. Merchant and Wim A. Van der Stede (current edition), Pearson.
- Management control systems as a package—Opportunities, challenges and research directions. (2008) By Malmi Teemu, and David A. Brown. Published on Management Accounting Research. Volume no. 19, Issue no. 4, pp. 287-300.
- Slides and selected articles from leading academic journals will be provided on Moodle.
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| Changing subject? |
No |
| Earlier variants |
They also cover the requirements of the curriculum (from - to)
572MAACMCSU15: IK Management Control Systems (2015W-2020S)
2MA5: IK Management Control Systems (2013W-2015S)
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