The course focuses on the foundations of strategic management and management accounting. In particular,the following topics will be covered:

• External company analysis
• Internal company analysis
• Strategy implementation

In the management accounting section of this course we will primarily discuss:

• Budgeting
• Financial ratios
• Value-based management

After completion of the course, studentswill be able to

• understand a wide range of strategic instruments and management accounting concepts on a theoretical level,

• apply these concepts in practice,

• expand their knowledge and capabilities in the field of strategic management and management accounting,
• and understand the interrelatedness of the various instruments.

The application and link between several instruments will be based on case examples, an integrated case study, and in-class discussions. Before each lecture, students will have to prepare the relevant literature and work on case studies and theoretical questions. During the sessions, the concepts will be further discussed and will be applied to case examples. Preparation will be assessed via short quizzes in each session. At the end of the course, the content will be tested in a final exam.

As a consequence, the followingmethods are used:

• Lecture
• Homework

• Group assignments & presentations

• Case examples and an integrated case study

• Final Exam

The final grade will be based on the following components:

• Quizzes (25%)
  
• Case Study Presentation (25%)
  
• Final Exam (50%)

Successful application for “SBWL Unternehmensführung & Controlling”

Consultation hours are on Tuesday, 5:15 pm, at "Ifu/Dienstagsbier"

compulsory attendance at Welcome@IfU