EPN-V2

ØABED4500 Management Control Systems Course description

Course name in Norwegian
Internstyring
Study programme
Master Programme in Business Administration
Weight
10.0 ECTS
Year of study
2021/2022
Curriculum
SPRING 2022
Schedule
Programme description
Course history

Introduction

In this course, students acquire knowledge of how management control and incentive systems should be designed to achieve value creation in decentralised organisations. The course focuses on mechanisms that different management levels can use to stimulate effort and focus on value creation for the owners in line with the company's strategy. Interaction between formal reward systems and more informal motivational factors is an important topic.

Recommended preliminary courses

Strategic Human Resources Management.

Required preliminary courses

None.

Learning outcomes

The following must have been approved in order for the student to take the exam:

  • a minimum attendance of 80 % in teaching specified as ‘compulsory attendance’ in the schedule
  • a minimum attendance of 90 % in experience-based practical training relating to leading and supervising movement and activity groups. Scope: 12 hours
  • subject note, 1,400 words (+/- 10 %), based on experience-based practical training (leading movement and activity group), 4-5 students per group. The coursework will be subject to assessment

Content

  • The reasons for and limitations of management control systems
  • Management control organisation: responsibility centre
  • Models for transfer pricing and allocating joint costs
  • Measuring and controlling resources used
  • The control process: planning, budgeting, goal achievement. Multifaceted objectives
  • Reward systems
  • The link between strategy and management control systems

Teaching and learning methods

Individual written home exam over 4 days, 1,400 words (+/- 10%).

Course requirements

All aids are permitted, as long as the rules for source referencing are complied with.

Assessment

Grade scale A-F.

Permitted exam materials and equipment

All exam papers are assessed by two examiners. An external examiner contributes to the preparation of the question papers and assessment criteria. At least 15% of the exams will be assessed by an external examiner. The external examiner’s assessment shall benefit all students.

Grading scale

10 credits overlap with FYSIO2200 and MENDI2200

Examiners

An internal and an external examiner will grade the exam.

A selection of at least 25% of the exam papers will be assessed by two examiners. The grades awarded to exam papers assessed by the external and internal examiner will be used to determine the level of all exam papers.