Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


The objective of the course is to develop student s ability to design and implement effective performance management systems. Course reviews various practices to manage organizations performance, and develops understanding when and under what circumstances each of them are effective in dealing with various managerial challenges.

Course gives special emphasis on accounting based controls as part of the organizations management systems. The link between strategy and performance measurement is elaborated.

Moreover, various aspects of operational control are discussed. Course allows insights into the current research in this field as well as helps those who plan to do master s thesis in this topic area.

Credits: 6

Schedule: 08.09.2020 - 20.10.2020

Teacher in charge (valid 01.08.2020-31.07.2022): Teemu Malmi

Teacher in charge (applies in this implementation): Teemu Malmi

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English


Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    1. Lectures, cases and group assignments (50%) 24 h, prof. Teemu Malmi.

    2. Exam (50%).

  • Valid 01.08.2020-31.07.2022:

    - Classroom hours, 24

    - Class preparation, 46 h

    - Case assignments, 40 h

    - Exam preparation, 47 h

    - Exam, 3 h


Study Material
  • Valid 01.08.2020-31.07.2022:

    Reading material as indicated in Syllabus.

    Compulsory reading for the exam: Merchant, K. & Van der Stede, W. (2012), 3rd ed, Management Control Systems - performance measurement, evaluation and incentives. Prentice Hall.

    Suggested as a supplementary reading: Simons, R. (2005) Levers of Organisational Design. HBSP.


Substitutes for Courses
  • Valid 01.08.2020-31.07.2022:

    This course replaces 22E25000 Accounting for Management Control.

  • Valid 01.08.2020-31.07.2022:

    Management Accounting II (22C00300), Financial Accounting (22C00400).