Strategic Cost Management

Indian Institute of Management Ahmedabad

How long?

  • 5 days
  • in person

What are the topics?

Indian Institute of Management Ahmedabad

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In order to keep the company that you are managing or your own business competitive, you need to have a clear plan of action, in other words, you must...

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Who should attend

Functional/departmental heads involved in strategy formulation and implementation in various functional areas of operations, production, quality control, marketing, HR, accounting, costing, corporate finance, etc.

About the course

The importance of managing costs and aligning them with the business strategy of an entity is critical especially in the midst of challenging economic times faced by businesses today. Recognising that different costing systems and strategies need to be used for different managerial decisions, this programme aims to:

  • Develop an understanding of various costing systems in different strategic decision situations.
  • Provide the details of contemporary issues in costing systems such as activity-based costing and pricing, target costing, etc.
  • Provide a comprehensive view on management control covering control structure issues like profit centres/SBUs and control process issues like budgeting, budgeting games, and performance evaluation.
  • Provide tools for tracking organisational performance

Programme Highlights

  • Relevant costs for different decision-making situations.
  • Activity-based costing and management and customer profitability analysis.
  • Profit centres / SBUs and issues related to transfer pricing and profitability.
  • Budgeting.
  • Performance evaluation using strategic variance analysis.
  • Role of costing in managing organisational performance.

Experts

Shailesh Gandhi

Educational Qualifications Fellow (IIMA) B.E. (Chemical Engg.) Academic Affiliation IRMA - Institute of Rural Management, Anand (2001 - 2004) Was appointed a Member of the Governing Board as a faculty representative. National Institute of Construction Management & Research, Mumbai (1984-19...

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Strategic Cost Management at Indian Institute of Management Ahmedabad

From  INR 120 000$1,677
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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

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Read more about Strategy

Strategy courses contain a large amount of practice. You will be able to analyze the company's performance and make a strategic development plan. All practices are based on real cases that each of you may encounter. The courses will also introduce yo...

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