Short course description

The aim of this course is to provide participants with a hands-on understanding of the design and use of common management control systems. This includes discussion of the planning and budgeting process, financial and non-financial performance measurement, and questions of target setting and performance evaluation. Participants learn about the usefulness of management control systems, but also about potential challenges and pitfalls.

What to expect

• Planning, budgeting, and variance analysis
• Financial performance and value creation
• Performance measurement systems
• Target setting and relative performance evaluation