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Quick Facts

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

Course Overview

This Management Accounting for Decision Making course will show you how bookkeeping data is applicable to directors, and how it very well may be prepared and investigated for a successful administrative dynamic. By inspecting bookkeeping data that is broadly utilized across three key administrative elements of arranging, dynamic, and controlling, the course outfits non-money administrators with essential bookkeeping and account aptitudes. This course additionally talks about movement-based costing, which gives knowledge of the cost structure of items and administrations.

The Management Accounting for Decision Making Training course is taught by IIM Bangalore which is one of the best institutions in India. It is a self-paced course so that students can have their own schedule. What separates this course is the rehearsing administrator driven methodology that is a piece of every seven day stretch of the course. Regardless of whether you are an understudy or a rehearsing supervisor, this course will permit you to effectively follow all themes and straightforwardly apply ideas practically speaking.

The Highlights

Instructors from IIM Bangalore
Independent course
7 weeks on the schedule
3-5 hours of unwavering quality time
Open for lifetime
Basic Degree of Course
Straightforwardly got to
EdX verified certification

Programme Offerings

Projects
Self-paced learning
Graded Assignments
discussions
Video transcripts

Courses and Certificate Fees

Fees Informations	Certificate Availability	Certificate Providing Authority
INR 4163	yes	IIM Bangalore

The certification fee for the course is Rs. 4,163 .

The fee details table is as follows -

Fee particulars	Amount in Rs.
Certification fee	4,163

Eligibility Criteria

Certification Qualifying Details

Students will be given an affirmed confirmation by edX in the wake of completing the course by fulfilling all the endeavors, for instance, audited assignments, projects, and online tests, and ensuring about a 60% assessment or above.

What you will learn

Accounting proficiencyBudget management

This particular course enlightens students regarding various concepts like -

Overview of cost accounting and financial accounting.
Various methods of product costing and treatments for product losses.
Understanding cost allocation and how to implement activity-based costing.
How to analyze the cost for better decision making.
Distinguishing between marginal costing and absorption.
The architecture of budgeting such as processes, types, advantages, strategies, and so on.
Examining variance and various key aspects of it such as material mix, fixed overhead, yield, sales mix, sales, and variable analysis.

Who it is for

The Management Accounting for Decision Making course is ideal for a variety of people such as -

Accountants who want to nourish their abilities and techniques.
Students from the Management, Finance, and Accounts background who are looking for new opportunities.

Admission Details

The example of enrollment for Digital Transformation and the IT Team course is as indicated by the going with -

Stage 1: Course takers are required to click on the URL that is attached below.

https://www.edx.org/course/management-accounting-for-decision-making

Stage 2: Kindly, click on 'Select Now' at the most important motivation behind the site.

Stage 3: Now, sign in to the edX website to guarantee your profile or register If you don't have one.

Stage 4: Please enter your credentials and snap-on 'Continue'. Assurance that there aren't any mistakes.

Stage 5: Students can review the course after the attestation of their records.

The Syllabus

Financial and Cost Accounting
Basic Cost Terms and Cost Flow
Costing System
Preparation of Cost Sheet
Costing in Service Industry
Preparation of Cost Sheet in Service Industry
Financial, Cost and Management Accounting

Methods of Product Costing
Job Costing
Customer Costing
Process Costing
Treatment of Process Losses
Joint and By-products

Indirect Cost
Method of Indirect Cost Allocation
Misallocation of Indirect Costs
Activity-based Costing
Implementation of Activity-based Costing
Activity-based Management

Absorption vs. Marginal Costing
Behavior of Costs
Break-even Analysis
BEP in Multiproduct Environment
Pricing Decision
Make or Buy decision
Discontinuing product or closing down divisions
Optimal Product Mix
Operating Leverage

Strategic Planning and Budgets
Budgeting Process
Types of Budgets
Benefits of Budgets
Approaches to Budget Preparation
Preparation of Master Budget
Budget Slack

Setting Standards
Variance Analysis: General Framework
Variable Overhead Variance
Fixed Overhead Variance
Material Mix Variance
Sales and Sales Mix Variance
Investigating Variance

Instructors

IIM Bangalore Frequently Asked Questions (FAQ's)

1: Do you have a FAQ page?

edX offers this accessible Help Center so you can undoubtedly find solutions to your edX questions! Enter a term or watchword in the "Search" box above to get a rundown of related articles. You can likewise visit the Help Center landing page to see the classifications of themes that different students have inquiries regarding.

2: How might the new site changes influence my experience on edX?

edX has begun making updates to improve and upgrade your learning experience. You'll see better approaches to praise your advancement in seminars on edX, alongside prompts to impart those achievements to your interpersonal organizations. The improvements edX has made so far are only the start, so stay tuned for additionally energizing and effective instruments and highlight that edX will be turning out soon.

3: Will the new site changes influence authentications and enlistments?

All testaments you've acquired are as yet legitimate and still represent all the mind-boggling work you did to accomplish them. Next time you acquire an edX declaration, it will have our new logo on it, and that will be maneuvered into your LinkedIn profile. What's more, the logo will naturally refresh on any authentications you have saved money on edX.

4: I'm a designer. How would I get included?

The entirety of the specialized subtleties is at open edx.org, including documentation, source code storehouses, mailing records, and IRC channels. edX invites commitments to the stage and urge you to get included.

5: How to take a screen capture in Management Accounting for Decision Making Training?

To catch simply the dynamic window, press Alt+PrtScn. (A few machines may expect you to tap Fn simultaneously.

6: For what reason isn't the Next catch working?

The Next and Previous catches at the lower part of a course page will permit you to travel through the course materials each unit in turn.

When you arrive at the last unit in a course (or the last accessible unit in a teacher-paced course) the Next catch will deactivate. On the off chance that you are toward the finish of your course, you can see you’re evaluating in the Progress tab.

In an educator-paced course, new substances are typically delivered every week. In the event that you have not arrived at the most recent seven day stretch of the course before the course end date, the Next catch will reactivate on this unit once the new substance is accessible.

7: I am stressed over the security of a student or teacher and the dangers of self-destruction or self-damage - how would I be able to respond?

You may empower the student or educator to look for nothing, classified day in and day out help in the US by calling the National Suicide Prevention Lifeline at 1-800-273-TALK (8255) or https://www.suicidepreventionlifeline.org. Extra assets include:

Emergency text line at https://www.crisistextline.org

Live visits at https://www.contact-usa.org/chat.html or https://imalive.org

Overall help by Befrienders at https://www.befrienders.org

8: My association is keen on utilizing Open edX to have our own substance. What level of help does edX give to do as such?

There are facilitating suppliers that can have Open edX for you, or you can introduce and run the product yourself. Utilizing a facilitating supplier is less complex, running the product yourself will give you more control. Connect on the mailing list for help with one or the other choice.

9: Do I get any demo lectures in Management Accounting for Decision Making programs?

Yes, course takers can watch the demo lecture before taking up the course. It is present on the course page.

10: What is the least score required to avail of the certification?

The least score required to avail of the verified certification is 60%.