Modern Ideas in Management Control (MIMA)

Course description

The course presents an in-depth analysis of the modern ideas of management control that has been developed and used in different industries and countries over the past 30-years.
The aim of the course is to give the student multiple insights into the modern ideas of management control.
By analyzing the models from both conceptual, empirical (practice) and theoretical perspectives the course enable the student to not only analyze each model individually but to make comparisons from different perspectives. This will challenge the student to problematize and ask questions about not only the modern management control ideas, but also enable them to put them into relation of more traditional management control ideas.
The course covers the following modern ideas:
• Human Recourse Costing and Accounting
• Intellectual Capital
• Balanced Scorecard
• Performance measurement and management
• Integrated reporting and management control

Intended Learning Outcomes
The aim of the course is to give the student: 1) an understanding of recent management control systems and how they have evolved in response to different challenges; and 2) an understanding of how they are applied in different organizational settings. Upon completion of the course, students should be able to:

Knowledge and understanding
1. Describe the techniques of modern management control and explain how they are applied in different organizational settings.

Skills and abilities
2. Apply the course literature and the experiences from lectures and workshops to analyse organizational cases from a management control perspective.
3. Be able to review articles on modern management control.

Judgement and approach
4. Critically evaluate the underlying ideas of modern management control.

Change semester  

Course title:
Modern Ideas in Management Control
Semester: Spring term 2019
Study period: 4
Rate of studies: 100%
Level: Graduate level (second cycle)
Credits: 7.5
Language of instruction: English

Course code: fe4426



Course coordinator:
Toivo Lepp
Head of course:
Matti Skoog
Matti Skoog
Student services:
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