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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study	Video and Text Based

Course Overview

The Accounting for Managerial Decisions certification course provided by Swayam is an initiative to educate those interested candidates who wish to pursue higher and quality education in the field of Accounting and aspire to be a manager. This course is spread out for a duration of 16 weeks. The course credit is 6, and it will require almost 180 hours of preparation.

The skilled faculty of Swayam will make sure that the concepts included in the modules are well understood by the participants. The main focus of this course will be upon two concepts: Management Accounting, and, Cost Accounting. Candidates will be taught the core fundamentals that will prove to go a long way in securing job opportunities.

These fundamentals include knowledge about the differences in management accounting, which is basically mastering the ability to select the best alternatives available to produce a fine result; and concepts of cost accounting, which means to minimize cost and maximize profit.

The Highlights

Regional languages available
Completed courses
Online classroom
Best-In-Class instructors
Easy credit transfer
Systematic approach

Programme Offerings

Weekly Assignments
Local chapters
Audio/video lectures
Online Forums
Quiz
test
assignments

Courses and Certificate Fees

Certificate Availability
no

What you will learn

Financial Management

To the participants of the MCO-05-Accounting for Managerial Decisions course following skills will be imparted:

An overview of the curriculum
Learning the basics of Cost Concepts
Gaining an understanding of Financial Statements
Learning the basic Budgeting Concepts
Awareness about the recent developments in Accounting

Who it is for

Account ManagerAccountantProduct Development ManagerProject ManagerOperations ManagerProduction Manager

The MCO-05-Accounting for Managerial Decisions programme is for the following candidates:

Candidates already having an undergraduate degree and wanting a postgraduate degree in a managerial course
Candidates who have a commerce background and want to continue their studies in that field
Candidates who want to build a strong base for further advanced studies
Candidates who want to help their company’s management in making efficient decisions

Admission Details

A set of simple and directive guidelines are given below for the candidates to follow. Kindly refer to the following steps:

Step 1: Students are requested to log on to the link given below to reach the home page of the course:

https://onlinecourses.swayam2.ac.in/nou23_cm14/preview

Step 2: Click on the registration link available on the site for the particular course. If no registration link is present, proceed to step 3.

Step 3: Register yourself on the site. If you are an existing user, you are requested to log in with your credentials. After logging in, see if the link is available and click on it.

Step 4: Clicking on the link will take you to the payments page where you can purchase the course and gain access to the study materials provided.

Please note: If the registration link is not made available even after logging in, the candidates are requested to wait until the link is available and keep checking the website for further updates.

The Syllabus

Week 1

Unit-1: Accounting: An Overview
Unit-2: Accounting: Basic Cost Concepts

Week 2

Unit-3: Financial Statements

Week 3

Unit-4: Understanding Financial Statements

Week 4

Unit-5: Techniques of Financial Analysis

Week 5

Unit-6: Statement of Change in Financial Position

Week 6

Unit-7: Cash Flow Analysis

Week 7

Unit-8: Basic Concepts of Budgeting

Week 8

Unit-9: Preparation and Review of Budgets

Week 9

Unit-10: Approaches to Budgeting

Week 10

Unit-11: Basic Concepts of Standard Costing

Week 11

Unit-12: Variance Analysis-I

Week 12

Unit-13: Variance Analysis-II

Week 13

Unit-14: Responsibility Accounting

Week 14

Unit-15: Marginal Costing

Week 15

Unit-16: Break Even Analysis

Week 16

Unit-17: Relevant Costs for Decision making

Week 17

Unit-18: Reporting to Management

Week 18

Unit-19: Recent Developments in Accounting

Instructors

IGNOU Frequently Asked Questions (FAQ's)

1: What are the different benefits of this course provided by Swayam?

There are several benefits of completing this course from Swayam, including best instructors that provide you with efficient knowledge and skills, weekly assignments that would help you keep your progress in check, exams that will be channelized through experts, as well as a systematic approach that will keep you organized and motivated towards reaching your goals.

2: Who are eligible for taking this course?

No such information about minimum qualifications is mentioned on the side. However, this is a postgraduate course. So, an undergraduate course before applying for this course is recommended to the candidates.

3: What is the duration within which the course should be completed?

The module of this programme is spread over 16 weeks. So, a candidate would require approximately 180 hours of study spread over 16 weeks to complete this course.

4: Who are the national coordinators of Swayam?

The national coordinators of Swayam are IIMB, NIOS, UGC, CBSE, AICTE, NPTEL, IGNOU, CEC and NITTTR.

5: What are the different types of study materials that will be provided to the students?

Swayam provides video lectures for its students. Along with that, it also provides readable/downloadable material specially prepared for the candidates, test and quiz sets to assess the candidates about his preparations. For the purpose of doubt clearing, an online forum will also be provided to the students.