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.


After taking this course students will:

  • Understand and apply the concepts and practices of strategic, tactical and operational planning
  • Understand and create a performance measurement and management system based on the balanced scorecard framework
  • Understand and apply the basics of performance measurement and management (individual KPIs, KPI systems like DuPont, EVA, OKR)
  • Understand and apply variance analysis techniques
  • Understand the concepts of transfer pricing
  • Understand an application of controlling to a specific context (changes from implementation to implementation)

Credits: 6

Schedule: 02.03.2023 - 21.04.2023

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): David Derichs

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

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English


  • valid for whole curriculum period:

    I this course students will understand management accounting’s concepts and practices. Starting from the strategic level this course explores how planning is broken down from the strategy to the tactical level (i.e., capital budgeting) to the operational level (i.e., budgeting). We, moreover, explore how performance management and measurement systems are setup to translate strategic plans into action. Finally we explore a specific context of management accounting/controlling. As an additional topic we looks at the practice of transfer pricing.

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Course Project and 2 Peer Evaluations of Report 

    To pass the course the student has to get: (a) 50 % of the exam and (b) 50% of the other activities

  • valid for whole curriculum period:

    Period II implementation, online assynchronous only!

    • Exercises 12 h (assynchronous).  
    • Pre-recorded lectures and exercises: 30 h 
    • Case and project work (group (intended) or individual (if necessary)): 55 h
    • Independent study: 61 h
    • Exam 2 h - booked through the EXAM system and taken in EXAM facilities

    Period IV: Main, campus implementation

    • Contact teaching 12 h (f2f - interactive; unless announced otherwise).
    • Pre-recorded lectures: 18 h
    • Case and project work (group (intended) or individual (if necessary)): 55 h
    • Independent study: 73
    • Exam 2 h - booked through the EXAM system and taken in EXAM facilities


Substitutes for Courses
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth


Further Information
  • valid for whole curriculum period:

    Points from the exercises are valid only in the course exam and the re-exam after that. If the student takes the course again, he/she needs to gain the exercise points again.

    Teaching Language : English

    Teaching Period : 2022-2023 Autumn I
    2022-2023 Spring III
    2023-2024 Autumn I
    2023-2024 Spring III

    Enrollment :

    Registration for courses: in Sisu