Management Control Systems

Code:

EIG0039

Acronym:

CG

Keywords
Classification	Keyword
OFICIAL	Quantitative Methods
OFICIAL	Economics and Finance

Instance: 2013/2014 - 1S

Active?	Yes
Responsible unit:	Department of Industrial Engineering and Management
Course/CS Responsible:	Master in Engineering and Industrial Management

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MIEIG	53	Syllabus since 2006/2007	5	-	7	56	189

Teaching language

Portuguese

Objectives

The objective is to explore tools capable of supporting effective organizational performance management, through a balanced set of indicators and reporting mechanisms, ensuring the control of income and the promotion of strategic objectives and avoiding the adoption of indicators that may lead to dysfunctional attitudes and behaviours.

In this context, profitability indicators will be tackled, something that demands the discussion of some topics on product and service costing.

 

Learning outcomes and competences

Students are expected to become aware of the role and importance of management control systems, and to develop skills related with the construction, possible updating and assessment of these systems, and discussing the principles that should underlie them.

Working method

Presencial

Pre-requirements (prior knowledge) and co-requirements (common knowledge)

 

Basic management concepts.

Basic financial accounting and cost&management acounting concepts.

 

Program

 

1. Management control: nature and objectives
2. Profitability analyses
3. Strategic planning and monitoring
3.1. The Balanced Scorecard methodology
3.2. Strategic maps
3.3. Selection of indicators and assessment of their quality
4. Budgeting
5. Decision making
6. Systems of incentives

 

Mandatory literature

João Ribeiro e Joaquim Barreiros; Diapositivos preparados pelos docentes

Complementary Bibliography

Colin Drury; Management and cost accounting, 2004
Michael Robinson; Margin Analysis: No Longer Relevant/Strategic Cost Management: The New Paradigm, Journal of Management Accounting Research, 1990
Robert Anthony & Vijay Govindarajan; Management control systems, 2003
Robert Kaplan & David Norton; The Balanced Scorecard - Translating strategy into action, 1996
Robert Kaplan & Robin Cooper; Cost & Effect, 1998
Robin Cooper & Robert Kaplan; Measure Costs Right, Make the Right Decisions, , Harvard Business Review, 1988
Robert Kaplan & David Norton; The Execution Premium - Linking strategies to operations for competitive advantage, 2008

Teaching methods and learning activities

This course is based on the following complementary activities that involve lecturing, learning, and associated assessment of acquired knowledge and competences:

A1. THEORETICAL NOTIONS: The theoretical concepts taught during theoretical classes should be learnt by study activities and conceptualisation.

A2. THEORETICAL-PRACTICAL CASES: Students should study test cases and solutions presented by lecturers in classes, and practice with new problems.

A3. PRACTICAL GROUP ASSESSMENT: In which knowledge acquired will be applied.

 

keywords

Social sciences > Economics > Management studies > Management of enterprises

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Teste	50,00
Trabalho de campo	50,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	83,00
Frequência das aulas	56,00
Trabalho de campo	50,00
Total:	189,00

Eligibility for exams

Students have to reach a minimum mark to be admitted to exams (See General Evaluation Rules of FEUP).

All written examinations are closed book exercises. It will also be taken into the account in the assessment the presentation, correctness and quality of the Portuguese language used (in written examinations and in the group assessment).

 

Calculation formula of final grade

The final mark will be based on the mark of the final examination (50%) and on the group assignment (50%). In both components a minimum mark of 8 out of 20 is required.

The final mark will be the higher between the above average and the mark of the final examination, i.e., the group asessment cannot contribute to a reduction of the overall mark.

Students can opt for an assessment solely based on the final examination.

 

Examinations or Special Assignments

Not applicable.

 

Internship work/project

Not applicable.

 

Special assessment (TE, DA, ...)

Not applicable (bar general FEUP/UP rules).

Classification improvement

Students can repeat the final exam.

Observations

Groups for the assessment will be composed of a 3 elements. Exceptionally, and subject to the lecturers' aprproval, groups may beconstitued by 2 or 4 students .

Contact with students will be conducted via the SIFEUP/SIGARRA e-mail.