MAE Course Policy
MAE Course Policy
Course Policy
Program/Branch/Semester :
B Tech. (All) : Sem. – III/V
MBA Tech.(All) : Sem. – III/VI
Credit Details : L T P C
2 0 0 2
8888810975, 7058510975
Contact No. & Email :
[email protected]
Office : Academic Block, First Floor, “C” Wing, NMIMS
University, Shirpur.
Contact hours : 3.00 – 4.00 PM
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Course Policy Management Accounting for Engineers
The subject ‘Management Accounting for Engineers’ consists of two branches of accounting
i.e. Cost Accounting and Management Accounting, which are very important and useful for
optimum utilization of existing resources. These are branches of accounting and had been
developed due to limitations of financial accounting. It is an indispensable discipline for
corporate management, as the information collected and presented to management based on
cost and management accounting techniques helps management to solve not only specific
problems but also guides them in decision making. Keeping in view the importance of this
subject, various topics on Cost and Management Accounting have been prescribed in the
syllabus of MBA Tech and B Tech Programs to acquaint the students with the basic concepts
used in cost accounting and management accounting having a bearing on managerial
decision-making.
1.2 Objectives of the Course
To develop the ability to understand, analyze and use cost information in the day-to-day
business functioning.
To provide an understanding of the measurement of cost and trace the costs to products and
customers.
To explain the role of relevant costs in decision-making and develop better strategies.
To discuss contemporary issues in Cost and Management Accounting and their practical
applications.
1.3 Pre-requisite
Nil
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Course Policy Management Accounting for Engineers
PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8 PO9 PO10 PO11 PO12
CO1
CO2
CO3
CO4
Green- medium mapping Blue- high mapping
3 Syllabus, Pre-class activity and References
3.1 Teaching and evaluation scheme
3.2 Syllabus
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Course Policy Management Accounting for Engineers
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Course Policy Management Accounting for Engineers
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Course Policy Management Accounting for Engineers
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Course Policy Management Accounting for Engineers
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Course Policy Management Accounting for Engineers
Outline for a preliminary study to be done for each unit will be provided before the
commencement of each unit. Preliminary study material (video links, presentation, notes, etc)
will be made available on the student portal. Students are expected to go through this material
before attending the upcoming session. It is expected that the students put in at least two hours
of self-study for every one hour of classroom teaching. During the lecture session, more
emphasis willbe given on in-depth topics, practical applications, and doubt solving.
3.3 References
4 Laboratory details
5 Tutorial Plan
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Course Policy Management Accounting for Engineers
6 Assessment Policy
6.1 Component wise Continuous Evaluation Internal Continuous Assessment (ICA) and
Term End Examination (TEE)
The faculty will ask some questions to every group about the research/review
paper they have written and submitted.
3. Assignment (20 Marks) - Assignments will be given to students and each student is
required to submit the assignment before the due date.
A written examination of 100 marks for 2 Hours duration will be conducted for the course as
per the academic calendar.
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Course Policy Management Accounting for Engineers
7. Lesson Plan
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Course Policy Management Accounting for Engineers
2
21
11 11
2 Variance Analysis – Material Variances – Cost, Price
22 and Usage.
2
12 12 23
2
24 Labour Variances – Cost, Rate and Efficiency.
3
25
13 13
3
26 Budgetary Control – Cash Budget and Flexible Budget
2
27
14 14
2
28
Inventory Management – EOQ and Inventory Levels
4
29
15 15
Activity Based Costing – Meaning and Application in
4
30
Decision Making
7 Teaching-learning methodology
Faculty will make a group of 2-3 students for any group-based activity such as class
participation, project, presentation, etc. Lecture sessions will be conducted as follows-
o Outline for a preliminary study to be done for each unit will be provided
beforethecommencement of each unit.
o Deeper concepts and applications will be explained through Presentation and
Video Lectures.
o Numerical problems based on t h e concept will be solved during the session on
the smart board.
The following means will be used to assess the attainment of course learning outcomes.
Use of formal evaluation components of continuous evaluation, presentations,
assignments, semester-end examination.
Informal feedback during course conduction
Students are expected to carry out assigned work under Internal Continuous
Assessment (ICA) independently. Copying in any form is not acceptable and will invite
strict disciplinary action. Evaluation of the corresponding component will be affected
proportionately in such cases. Plagiarism detection software will be used to check
plagiarism wherever applicable. Academic integrity is expected from students in all
components of course assessment.
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