Interested in this College?
Get updates on Eligibility, Admission, Placements Fees Structure

Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English		Video Based

Course Overview

The Strategic Cost Management programme is being offered by IIM Indore. It is aimed at members of top and senior-level management teams. If you want to learn about the different costs in an organisation, this course will be highly beneficial.

The Strategic Cost Management course will give you an adequate understanding of how to overcome the cost-related challenges of different organisations. As you learn to identify costing and management systems, you will increase the scope of managerial decisions. The programme will also throw light on the strategies you need to adopt while making managerial decisions.

The Strategic Cost Management syllabus comprises important topics like budgeting and cost management (target costing and life cycle cost management). You will also be taught how to evaluate performance using strategic variance analysis.

Upon finishing the Strategic Cost Management programme, you will earn a certificate from IIM Indore. Most importantly, you will excel in managing the costs in your organisation with a professional qualification.

The Highlights

IIM Indore offering
Certificate of Participation
Group discounts on fee
Refundable fee
Conducted in Indore
Coordinated by IIM Professor
Open to the top and senior-level management officials

Programme Offerings

An IIM Indore offering
Certificate
Fee discounts
Refundable fee

Courses and Certificate Fees

Certificate Availability	Certificate Providing Authority
yes	IIM Indore

The fee for the Strategic Cost training programme is only payable through Electronic Funds Transfer. For more details about fund transfer, visit https://www.iimidr.ac.in/executive-programmes/management-development-programme-mdp/registration-process/.

Strategic Cost Management fee structure

Course Name	Fee
Strategic Cost Management	Rs. 45,000 + GST

Eligibility Criteria

To earn the Strategic Cost Management certificate, you must successfully attend the entire programme.

What you will learn

Managerial skill

The Strategic Cost Management programme syllabus will equip you with adequate knowledge of:

How to track organisational performance using appropriate tools
How to manage control structure issues such as profit centres/SBUS
How to analyse different costing issues depending on circumstances in which tactical decisions are taken
How to list down contemporary issues in Costing such as price and target costing, and activity-based costing
How to manage budgeting, beyond budgeting, budgeting games, performance evaluation, and other control process issues

Who it is for

The Strategic Cost Management training course is designed for top and senior members of management teams.

Admission Details

Step 1: To begin your admission process for the Strategic Cost Management certification course, go on to https://www.iimidr.ac.in/mdp-calendar/strategic-cost-management-2/.

Step 2: Select the Apply Online icon to access the admission form. You can either fill out the admission form on the web page and hit submit or download it and mail it to the Management Development Programme (MDP) office at IIM, Indore.

Step 3: To complete your admission process, pay your course fee.

Application Details

To access the admission form for Strategic Cost Management training, visit https://www.iimidr.ac.in/mdp-schedule/apply/?programme_id=20532&programme=Strategic%20Cost%20Management. You can fill out the form that opens on this webpage and submit it online. Alternatively, you can download the form in a pdf format and mail it to the MDP Office, IIM Indore.

The form will require details such as your name, designation, and educational qualifications. You will also be required to select your participation type and provide your contact details.

The Syllabus

IIM Indore Frequently Asked Questions (FAQ's)

1: Who is the course coordinator for the Strategic Cost Management programme?

Prof. Keyur Thaker is the course coordinator for the Strategic Cost Management training programme. You can reach out to him at keyurt@iimidr.ac.in.

2: What is the postal address of the MDP office of IIM, Indore?

The postal address of the Management Development Programme (MDP) is as follows: IIM Indore, Praband Shikhar, Rau-Pithampur Road, Indore, Madhya Pradesh – 453556.

3: Is there any discount on the Strategic Cost Management course’s fee?

If an organisation sponsors four of five members to attend the Strategic Cost Management course, they will be given a 10% discount on the tuition fee.

4: How can I contact IIM Indore?

You can contact IIM Indore at this contact number - +91-731-2439666.

5: Which certificate will I receive after completing the Strategic Cost Management course?

After you successfully attend the Strategic Cost Management training, you will be awarded a certificate of participation by IIM Indore.