The Management Control course aims to present and discuss the criteria and logic behind the design and operation of companies' main tools to support planning and management control activities. The program, therefore, focuses on the criteria that must guide the preparation of a management control system capable of producing useful information for management and on how this information can be used in management activities. More specifically, the course equips students with the tools that companies use to guide decision-making processes, define objectives, and allocate resources between alternative uses, as well as to assess the performance of organizational units and other management-relevant company dimensions (business areas, product/service lines, sales channels, geographical areas, etc.). This knowledge will be crucial in their future roles in the business world, preparing them to make informed decisions and manage resources effectively
Course Prerequisites
Basic Knowledge of Planning and Control
Teaching Methods
Classes
Assessment Methods
The exam consists of a written test with exercises and theory questions related to the topics covered.
Contents
The budget as a tool for defining corporate objectives and coordinating corporate organizational units - Organizational decentralization and economic empowerment - The design of economic-financial reporting - Budgetary control: the analysis of effectiveness and efficiency deviations - Performance measurement and evaluation from an integrated perspective: the Balanced Scorecard model
