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    Quick Facts

    Medium Of InstructionsMode Of LearningMode Of Delivery
    EnglishSelf StudyVideo and Text Based

    Course Overview

    The Management Accounting for Decision Making programme by Swayam is an online, six-week course. The curriculum focuses on students pursuing post-graduation and management professionals. It covers all the basics of finance and accounting that are necessary to run an organisation. This short-term programme is also a part of the management studies domain.

    The training entails all the information a manager needs to analyse accounting information to make informed decisions while planning other activities. In the Management Accounting for Decision Making online course, you will learn about several different topics like costing, cost allocation, cost analysis, etc. in conjunction with doubt-solving, and a manager-centric methodology.

    You can get certified for Swayam’s Management Accounting for Decision Making course by registering for it online. Even if you’re not from the management field, this course will help you understand how accounting and finance in a company work. The training will be led by Professor MS Narasimhan who teaches various subjects that fall under accounting and finance at the Indian Institute of Management, Bangalore.

    The Highlights

    • Management-centric teaching method
    • Six-week course
    • Expert faculty
    • Free enrolment
    • Core programme
    • References and books
    • Computer-based test
    • Postgraduate-level
    • Certification available
    • Management studies category

    Programme Offerings

    • Management accounting
    • decision making
    • Online Course
    • Certificate
    • Free learning
    • core training
    • Postgraduate-level
    • six week programme
    • Management-centric Approach

    Courses and Certificate Fees

    Certificate AvailabilityCertificate Providing Authority
    yesIIM Bangalore

    Eligibility Criteria

    To avail of the Management Accounting for Decision Making certificate, candidates must undertake the computer-based assessment. They will have to do so at an allotted centre by producing a Government photo ID and their hall ticket. The questions may be of MCQ or fill in the blanks type. 

    To receive the final certificate, learners must score a minimum of 40% in the final test and 40% in the weekly assessment. Failing to do so in either of them will result in the candidates not receiving the certification. 

    What you will learn

    Accounting proficiency

    You will be well-versed in the following topics after completing the Management Accounting for Decision Making online course by Swayam:

    • Accounting basics
    • Process costing
    • Activity-based costing
    • Cost allocations
    • Budgeting
    • Cost analysis for decision making
    • Variant analysis

    Who it is for

    The Management Accounting for Decision Making online certification is for students who are:

    • Post-graduation students 
    • Management professionals
    • Candidates willing to upskill

    Admission Details

    To get admission in the Management Accounting for Decision Making accreditation, you have to follow the steps provided below:

    Step 1: Go to the course webpage.

    Step 2: After going through the details of the course, click on the sign-up/register button provided in the right upper corner.

    Step 3: Log in with your Facebook, Microsoft, or Google account or create an account on Swayam by filling out the required details.

    Step 4: If you’ve created an account, get your email ID verified and start learning.

    Application Details

    Learners don’t have to fill up an application form to join the Management Accounting for Decision Making programme by Swayam. They can do so by creating their account via email or signing up through their Facebook, Microsoft, or Google account. Once done, they can get their email verified and start accessing all the course content. 

    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 Cost
    • 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

    Evaluation process

    You need to appear for a computer-based exam to get certified for the Management Accounting for Decision Making certification. You’ll have to register for the test separately, the details of which will be sent to you via email by Swayam. After registration for the exam, you’ll receive a hall ticket, and an exam centre will be allocated to you. 

    The information about the centre will be mentioned in the hall ticket only. The questions in your test can be either MCQs or fill in the blanks. The questions and the options will appear on the computer screen.

    The final certificate carries the following weightage: -

    25% for weekly assignments + 75% for the term-end examination 

    Candidates must score at least 40% in the weekly assessment and 40% in the final test to be eligible for the certificate. Failing to do so in either of them will result in the learners not qualifying for the certification. 


    IIM Bangalore Frequently Asked Questions (FAQ's)

    1: What is the length of the course?

    The duration of studying certification in Management Accounting for Decision Making is six-weeks.

    2: Is there any practical aspect of this course?

    Yes. The principles you’ll study in this programme can be applied. Also, the teaching methodology is management-centric.

    3: Who should pursue this course?

    The online Management Accounting for Decision Making course is for individuals who are either pursuing post-graduation or have managerial roles in any organisation.

    4: Which category does this programme belong to?

    The course pertains to management studies.

    5: Do we need to carry any identification cards for the exam?

    Yes, you should have an ID card like your Aadhar card, driving license, or your PAN card while appearing for the test.


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