• Anytime
    Application Deadline
  • 1 month


In this Managerial Accounting - Tools for Facilitating and Guiding Business Decisions offered by Coursera in partnership with University of Illinois at Urbana Champaig, you will explore how to use accounting to allocate resources and incentivize manager and employee behaviors in using these resources. 

You will also learn how financial and non-financial accounting information facilitates strategic performance measurement and how to integrate this information to continuously improve strategy.

Upon successful completion of this course, you will be able to:

  • Understand the role of managerial accounting information in common business decisions
  • Differentiate relevant and irrelevant information
  • Avoid common pitfalls in business decisions
  • Prepare a master budget and its key components
  • Describe the iterative and interrelated nature of budgeting
  • Evaluate capital investments via a variety of measures
  • Understand how upper management uses variance analysis
  • Calculate, interpret, and investigate variances
  • Understand decentralization and its advantages and disadvantages
  • Compute and interpret financial performance measures
  • Communicate the role of non-financial measures and strategic performance measurement systems
  • Identify issues associated with performance measurement and incentives
  • Understand the nature and role of subjective performance evaluation

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 1 months
    • Duration description
      • Approx. 20 hours to complete
      • Suggested: 4 weeks of study, 6-8 hours/week
  • Languages
    • English
  • Delivery mode
  • More information Go to the programme website

Programme Structure

Courses include:

  • Course Overview and Relevant Information for Decision Making
  • Budgeting for Planning and Control
  • Standard Costing and Variance Analysis
  • Performance Measurement and Evaluation

English Language Requirements

This programme may require students to demonstrate proficiency in English.


Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project. 

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.