• Anytime
    Application Deadline
  • 49 days
    Duration

About

The Accounting for Decision-Making course is part of the Business Management MicroMasters Program from Indian Institute of Management, Bangalore - IIMBx.  

Having a good understanding of accounting allows managers to communicate with the finance department, bankers, suppliers and even tax authorities.

In this finance course, you will learn how to read and understand financial statements. You will learn all relevant and important terms as they relate to the three financial statements - balance sheet, income statement and cash flow statement. Subsequently, you will develop the capability to analyze business performance through financial statements. You will see how the performance of any organization is impacted by four fundamental drivers of profitability - asset management, cost management, leverage management and tax management.

What you'll learn:

  • Read and understand financial statements
  • Financial statement analysis
  • How to use accounting information to plan and control your business and make decisions

In the second part of the course, you will learn how to manage costs. We will cover product costing, budgeting , budgetary control and cost analysis for decision making.

Successfully completing this course will transform you into a manager who is confident while discussing and handling accounting and financial matters in the workplace, and help you as you move forward in your managerial career and take on senior roles.

Detailed Programme Facts

  • Deadline and start date A student can apply at any time for this programme, there is no deadline.
  • Programme intensity Part-time
    • Average part-time duration 49 days
    • Part-time variant
      Flexible
    • Duration description

      7 weeks 

      3-5 hours per week

  • Languages
    • English
  • Delivery mode
    Online
    • Time flexibility
      Self-paced
  • More information Go to the programme website

Programme Structure

Courses include:

  • Mechanics of Financial Accounting
  • Reading Financial Statements
  • Financial Statement Analysis
  • Product Costing
  • Cost Analysis for Decision Making
  • Budgeting and variance analysis

English Language Requirements

This programme may require students to demonstrate proficiency in English.

Academic Requirements

General Requirements

Prerequisites

  • An overall understanding of business environment is required.

Tuition Fee

  • International

    150 USD/full
    Tuition Fee
    Based on the original amount of 150 USD for the full programme and a duration of 49 days.
  • National

    150 USD/full
    Tuition Fee
    Based on the original amount of 150 USD for the full programme and a duration of 49 days.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
5% discount coupon: Z7LZNQ4TN3B2JTWU valid for any free course + certificate upgrade

Funding

Check the programme website for information about funding options.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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