Business Management

  • Master's Program Management, Communication & IT
Course unit code
Level of course unit
  • Master
Semester when the course unit is delivered
  • 1
Number of ECTS credits allocated
  • 5.0
Name of lecturer(s)
  • Haas Wolfgang, MA
  • Dilger Thomas, BA MA
  • Mag. Girardi Valentina
Learning outcomes of the course unit
  • Students acquire knowledge of the most important concepts, theories, models and instruments in the areas of accounting and international accounting, cost and performance accounting as well as management accounting. Students will be able to determine and understand the impact of business decisions on the balance sheet, income statement and cash flow statement. Students will be able to read balance sheets and interpret company ratios. Students are familiar with the various management accounting concepts and are able to use appropriate management accounting tools for planning, control and analysis in order to prepare operational as well as tactical decision-making bases.
Mode of delivery
  • face-to-face
Prerequisites and co-requisites
  • none
Course contents
  • - Accounting and balance sheet concepts
    - Recognition and measurement rules
    - Accounting policy
    - Balance sheet analyses
    - Cost concepts
    - Decision-oriented cost and activity accounting
    - Contribution margin accounting and analysis
    - Budgeting, controlling, variance analysis
    - Performance measurement
    - Strategic cost management
Recommended or required reading
  • - Coenenberg, A. G., Fischer, T. M., & Günther, T. (2016). Kostenrechnung und Kostenanalyse (9., überarb. Aufl.). Schäffer-Poeschel.
    - Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2018). Financial accounting: With International Financial Reporting Standards (Fourth edition). Wiley.
    - Alexander, D. (2017). International financial reporting and analysis (Seventh edition). Andover, Hampshire: Cengage Learning.
    - Bhimani, A., Horngren, C., Datar, S., & Rajan, M. (2015). Management and Cost Accounting (5th ed.). Harlow: Pearson.
    - Melville, A. (2019). International financial reporting: A practical guide / Alan Melville (Seventh edition). Pearson.
Planned learning activities and teaching methods
  • The course comprises an interactive mix of lectures, discussions and individual and group work.
Assessment methods and criteria
  • To monitor the students’ learning this course will provide ongoing assignments as a basis for feedback and grading (formative assessment) and/or will evaluate the students learning at the end of the course or an instructional unit via exams, final project reports, essays or seminar papers (summative assessment).
Language of instruction
  • English