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Measurement of organisational performance, costs and risks are crucial for strategic decision-making and control in organisations. The Accounting, Strategy and Control concentration provides the candidate with a strong competence in design, analysis and implementation of cost, performance and risk measurement systems vital for business controllers, business analysts or business consultants.

The broad topic of strategy implementation and control
Management of organisational performance, costs and risks are based on analyses of the economic structures of the organisation related to the organisation’s capital structure, balance sheet and income statement as well as cost drivers, key performance indicators and rewards. This knowledge becomes crucial input for aligning the organisational architecture, operations and employees with strategy and controlling value creation processes in the organisations.

This concentration provides the candidate with a framework embedded in economic, accounting and finance theory for designing and implementing the new concepts such as Balanced scorecard, Time-driven ABC, EVA and Risk management systems, but also an understanding of, how the new concepts supplement or diverge from traditional ideas and principles of cost, performance and risk and to what extent they are relevant for specific organisations.

Last updated by Communications & Marketing 09/01/2009