Course Information Sheet
Course Information Sheet
Course Information Sheet
Content
1. Overview of Management Accounting; Objectives of management accounting, role
(Modules/Units): of management accountants, function of MA, differences among MA and other
accounting branch.
2. Cost Concepts and Costing Methods; cost object, direct, indirect and mix cost, cost
behavior, relevant cost, available cost, sunk cost, opportunity cost and marginal
cost, absorption costing and marginal costing
3. Short Term Decision Making; CVP analysis and its applications. Make or buy
decision, product ranking resource allocation etc.
4. Overview of Financial Management; Objectives, functions, Role of Finance
manager, Agency problem
5. Valuation Concepts and Financial assets; Time Value of money; Present value,
future value, annuities,
Bonds and debentures, preference shares and equity shares, different valuation
methods, Risk and return; Historical risk and return, expected risk and return of a
single investment,, risk and return of portfolio.
6. Investment Decisions; Non discounted investment criteria, discounted investment
criteria, Cost of capital; cost of debt capital, cost of equity capital and weighted
average cost of capital
7. Working capital management; Management of cash, management of receivable,
management of inventories.
Objectives 1. To equip students with basic concepts and techniques of management accounting
with the focus on their use in organization
2. To provide the students a good knowledge on concepts, theories and techniques of
financial management enabling them to apply these in solving financial
management problems.
Course Learning The students will be able to ;
Outcomes 1. Describe the role of MA in contemporary organization.
2. Discuss the different cost elements and their application.
3. Apply widely use MA techniques for evaluating short-term decision making
options.
4. Familiar with basic finance terminology and learn about essential theories
concepts and techniques of modern finance.
5. Apply those concepts and techniques to real world business situation.
Hourly Breakdown Face to face contact Independent Assessment Total Hours
sessions Learning Hours
(Day schools)
Reading study 13 hrs
3 x 6 hrs = 18 hrs materials and self- (HA 8hrs + CAT 251 hrs
study - 220 hrs 2 hrs + FE 3 hrs)
Assessment criteria Overall Continues Assessment Score (OCAM)-
[max (CA Component 1, CA Component 2) x 0.7] + [min
( CA Component 1, CA Component 2) x 0.3] ≥ 40
Final Exam (FE) - FE ≥ 40
Final Score (Y) - If, FE < 40%, then Y = FE
If, FE ≥ 40%, then, Y= 0.3 OCAM+ 0.7 FE
Recommended 1. Drury, C (2007) Management and cost accounting, Thomson Learners, India.
readings 2. Stephen A Ross, Randolph W Westerfied Bradford D (2007) Fundamentals of
Corporate Finance, Jordan, Macgraw-Hill, India.