Course in Management Accounting

Here goes the call to all the number crunchers, all those wall street wannabes. When you talk finance, to put it simply, IIM Calcutta just cannot be excelled. The different courses take you through the ins and outs of audits and accounts. We make you value your assets, help you minimize the costs and plan the fund flow. At the end of the journey a company balance sheet would be worth a thousand words. An enabled corporate citizen you shall evaluate stocks, play around with the ratios and thus select your own cocktail of equity and debt instruments. As an empowered manager you shall acquire the power to turn-around any company.

This course will focus on providing skills on contemporary Management Accounting methodologies and issues. The teaching environment will cover lectures, case discussions and discussion of project assignments.

Group activity and class participation is expected to be a key feature in this course.

Course Content

The course will cover the following broad areas :

* Evolution of Management Accounting & Current Issues
* Overview of Management Accounting
* Issues in Cost Behaviour
* Activity Based Cost & Management
* Target Costing
* Life Cycle Costing
* Investment Appraisal of Automation / Advanced Technologies
* Inflation adjusted Accounting
* Economic Value Added
* Strategic Management Accounting - covering the impact of JIT/ TQM/ AMT and would cover inter-alia,
# Cost of Quality
# Backflush costing
# Customer profitability analysis

Evaluation

Case Studies : 20 %
Project : 20 %
End Term : 60 %