Strategic Cost Management (Online)

Start Date: Jan 22, 2022 End Date: Feb 20, 2022
Last Date for Application: January 10, 2022
Programme Fee: 96000 INR

Plus, GST

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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 understanding of costing terminology, costing systems and break-even analysis
  • Provide frameworks for evaluation of different types of alternative choice decisions like: make versus outsource, accept or not a customer order, continue a product line or drop, etc.
  • Provide a comprehensive view on management control covering control structure issues like profit centres/SBUs and control process issues like budgeting, variance analysis, and performance evaluation.
  • Provide tools for tracking organisational performance. 

 

Programme Schedule

 

The programme will be delivered in a Live Online format over the Zoom platform.

Programme Dates: January 22 - February 20, 2022

Session Days: Saturday & Sunday

Session Timings: 10:00 AM – 1:00 PM (as per IST)

Week 1

Week 2

Week 3

Week 4

Week 5

January 22

 (Saturday)

January 29

 (Saturday)

February 5

 (Saturday)

February 12

(Saturday)

February 19

(Saturday)

January 23

 (Sunday)

January 30

 (Sunday)

February 6

 (Sunday)

February 13

(Sunday)

February 20

(Sunday)

 

For more information or any questions, contact Mansi Parekh: mansi-exed@iima.ac.in, +91 70690 10182

  • 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.

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.

Faculty Chair

Shailesh Gandhi

Naman Desai

Programme Faculty



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