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    Management Control and Management Control Systems: General Information

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    vdhien
    This 3-credit course taught in English by Dr. Michael Burkert provides an understanding of management control and management control systems (MCS). The course focuses on how MCS are used to implement strategy through aligning goals. It explores the nature of MCS and important elements like the balanced scorecard. The course also describes how organizational characteristics affect the control process and the types of responsibility centers. Students will analyze case studies that involve management control problems. The course is evaluated through a final exam worth 70% and a group case study presentation and write-up worth 30%.

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    Management Control and Management Control Systems: General Information

    Uploaded by

    vdhien
    41 views3 pages
    This 3-credit course taught in English by Dr. Michael Burkert provides an understanding of management control and management control systems (MCS). The course focuses on how MCS are used to implement strategy through aligning goals. It explores the nature of MCS and important elements like the balanced scorecard. The course also describes how organizational characteristics affect the control process and the types of responsibility centers. Students will analyze case studies that involve management control problems. The course is evaluated through a final exam worth 70% and a group case study presentation and write-up worth 30%.

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    good sample MCS syllabus

    Original Title

    syllabus_managementcontrol

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    This 3-credit course taught in English by Dr. Michael Burkert provides an understanding of management control and management control systems (MCS). The course focuses on how MCS are used to implement strategy through aligning goals. It explores the nature of MCS and important elements like the balanced scorecard. The course also describes how organizational characteristics affect the control process and the types of responsibility centers. Students will analyze case studies that involve management control problems. The course is evaluated through a final exam worth 70% and a group case study presentation and write-up worth 30%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    41 views3 pages

    Management Control and Management Control Systems: General Information

    Uploaded by

    vdhien
    This 3-credit course taught in English by Dr. Michael Burkert provides an understanding of management control and management control systems (MCS). The course focuses on how MCS are used to implement strategy through aligning goals. It explores the nature of MCS and important elements like the balanced scorecard. The course also describes how organizational characteristics affect the control process and the types of responsibility centers. Students will analyze case studies that involve management control problems. The course is evaluated through a final exam worth 70% and a group case study presentation and write-up worth 30%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Management Control and Management Control Systems

    General information :
    Teacher:
    Web page:
    E-mail:
    Office hours:
    Course language:
    ECTS Credits:

    Dr. Michael Burkert


    http://www.hec.unil.ch/people/mburkert
    Michael.Burkert@unil.ch
    Individual appointments can be asked for by sending an
    e-mail
    English
    3

    Course description:
    This course is supposed to provide students with an understanding of the
    importance of management control and management control systems (MCS)
    for companies. The course focuses on the formal aspects of MCSs and how
    they are used to implement a companys strategy by aligning individual,
    business unit and company goals. Furthermore, the behavioral aspects
    associated with MCSs are highlighted and intensively discussed.
    After having explored the nature of MCSs, students will be introduced to
    important elements of control systems such as the balanced scorecard.
    Different characteristics of organizations affecting the control process will be
    described in detail, thereby dealing with the various types of responsibility
    centers, the techniques that are important for their control and the metrics
    required for the evaluation of the performance of managers in charge of these
    centers. The course will be partly committed to the case method of teaching.
    The educational value of the cases (and the fun!) comes from the practice the
    students receive in analyzing management control problems and in discussing
    and defending their standpoints.
    Teaching method:
    50% lectures
    50% case studies
    Evaluation:
    Final exam (two hours, answers can be given in French and English): 70%
    Group work: 30%
    Students will be asked to form groups and to elaborate case solutions. These
    solutions have to be presented in class. The presence of all group members the
    day their presentation is scheduled for is thereby strictly required. The groups
    will have to hand in their case solutions in written form (10 pages maximum) 3
    days before the class meeting (midnight latest). If a retake exam session is to
    be done, grading of the course is based on exam only (100% of the grade). A
    dictionary and a calculator are allowed to be used for the exam.

    Main Reference:
    Anthony R. N. and Govindarajan V., Management Control Systems, McGraw Hill, 2007
    (twelfth edition)

    Two further references:


    Merchant, K. A. and Van der Stede, W. A., Management Control Systems, FT Prentice Hall,
    2007 (second edition)
    Kaplan, S. K., Norton, N. P., The Balanced Scorecard Translating Strategy into Action,
    Boston, 1996

    SYLLABUS
    Session

    Topics

    Introduction

    Company Ys strategic challenges: An


    example
    The Balanced Scorecard (BSC)

    4
    5

    6
    7
    8
    9

    Lectures
    Ch. 1 and 3

    Ch. 11, p.
    460-471

    Presentation and discussion of Balanced


    Scorecard case
    The nature of MCS / Behavior in
    Organizations
    The controller as a business strategist
    Planning, budgeting and the role of
    compensation systems
    Responsibility centers
    Transfer Pricing

    10

    Measuring and Controlling Assets


    Employed

    11

    Management Compensation

    12
    13

    Responsibility Centers : Revenue and


    Expense Centers
    Profit Centers

    14

    Transfer Pricing

    Cases

    Introduction to
    BSC case by Dr.
    Burkert

    Case 1-1 (NUCOR


    A) and 3-2
    (NUCOR B)
    Ch. 8, 9 and
    12
    Ch. 4 and 5
    Ch. 6

    Case 6-1 (Transfer


    pricing problems)

    Ch. 7: Guest
    lecture by Dr.
    Damisch from
    BCG
    Case 12-1 (Lincoln
    Electric Company
    (A))
    Case 4-2 (New
    Jersey)
    Case 5-2 (North
    country auto)
    Case 6-2 (Birch
    paper company)

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