Finance and accounting lie at the heart of every organisation. They can develop and destroy an organisation from within making it imperative to constantly understand, control and improve the strategic management of organisations with respect to accounting. In this course, students will learn the scope of strategic management, by studying their features and objectives, in creating and managing successful business organisations. At the core of this important field in business administration is the ability to hone critical decision-making skills that will prove to be a crucial asset in the industry. The importance of strategic cost management is not only limited to critical junctures in an organisation’s life but forms its pulse throughout its existence. That is why we ensure you receive the most rigorous education and training when it comes to understanding and implementing dynamic strategies of cost management. Bharathidasan University offers a course in Strategic Cost Management both as a part of its BBA program, as well as the MBA in Finance.
Our course will help students understand the tools and techniques part of management accounting and cost management. You will also learn to design critical strategies for different organisational contexts and analyse their effectiveness with stringent analytical tools and research. The diversity of contemporary organisational structures and the marketplace itself means students will have the opportunity to understand the value of innovative and creative problem-solving within the scope of account and cost management. You will assess the challenges that arise with issues of sustainability in turbulent marketplaces and ever-evolving industries.
Learn from one of the finest faculties who have years of experience in the practical side of strategic cost management, and gain access to our wealth of resources to enrich your education. By the end of this course, students will have acquired skills of critical decision-making, developed tools of cost analysis and management, learned to manage resources and operations from a financial perspective, figured out how to build long-term growth solutions and be prepared to manage the financial and accounting aspect of organisations without damaging the integrity and value of its identity. The study of strategic cost management as a branch of the MBA in Finance is an important course for students who aspire to build a career in Financial services