Management Accounting for Engineers (MSIN0066)

Key information

Faculty: Faculty of Engineering Sciences
Teaching department: 新香港六合彩开奖结果School of Management
Credit value: 15

Restrictions: MSIN0059 and MSIN0047 and MSIN0161 are excluded combinations.
Timetable

Alternative credit options

There are no alternative credit options available for this module.

Description

This module provides an understanding of key issues and applied methodologies relating to management accounting frameworks used by managers when faced with making financial decisions in the context of the business environment. The focus is on information for cost management, budgetary control, and short and longer-term financial decision making. That information enables managers to plan for and subsequently control operations. It examines the blend of financial analysis and managerial judgment required to make sound decisions. In particular there is an emphasis on issues in overhead cost recovery; contribution costing and Cost-Volume-Profit (CVP) analysis; costing issues in the context of a competitive environment, including activity-based costing (ABC); relevant costs for decision making; core investment appraisal techniques (Accounting Rate of Return, Payback, Net Present Value and Internal Rate of Return); budgetary control, variance analysis and standard costing.

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Module deliveries for 2024/25 academic year

Intended teaching term: Term 2 听听听 Undergraduate (FHEQ Level 5)

Teaching and assessment

Mode of study: In person
Methods of assessment: 75% Exam

25% Other form of assessment
Mark scheme: Numeric Marks

Other information

Number of students on module in previous year: 123
Module leader: Ms Danusia Wysocki
Who to contact for more information: mgmt-undergraduate@ucl.ac.uk

Last updated

This module description was last updated on 8th April 2024.

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Useful links

Sustainability

For a list of modules related to climate change as well as social and environmental sustainability at UCL, type 'climate' or 'sustainability' into the search. Visit Sustainable UCL for information on extra-curricular activity on sustainability.

Important information

The catalogue has been updated with key information about the modules that will run during the 2024/25 academic session. Current and prospective students can browse through the catalogue to consider possible module choices for the coming year.

Please note,听information in the catalogue is听subject to change as teaching and assessment arrangements for 2024/25 may need to be adjusted in line with the University's Feedback and Assessment principles and operating model.

Centrally managed exam durations will be provided on students' individual exam timetables. Arrangements for locally managed exams and in-class activity will be confirmed by the teaching department for the module.

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