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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study, Virtual Classroom, Campus Based/Physical Classroom	Video and Text Based

Course Overview

The Strategic Cost Management course is offered by the Indian Institute of Management, Ranchi (IIM Ranchi) in both online and offline mode. The course is a three days training course in which learners will learn to identify the relevant costs in the decision-making process and the relevance of activity-based costing and its application in day-to-day work. The Strategic Cost Management course will focus on various key topics such as preparing a budget, performance evaluation and making strategic decisions for the benefit of the organisation.

The Strategic Cost Management course is directed and taught by Professor Subir Chattopadhyay, who is a faculty member of the Indian Institute of Management, Ranchi. As for the Strategic Cost Management online course classes, there are two options available for the students to take classes. The fee structure of this course is Rs.27,000 - Rs.35,400 which has to be paid online based on the option that a candidate will choose for learning. Candidates will learn about the concepts and implications of strategic cost management through lectures and interactive sessions and discussions. For more information for this course such as eligibility, admission process, etc, please go through the article below.

The Highlights

Course by IIM Ranchi
4 Days Course Duration
Classroom Lectures
Reading Material Available
Case Studies based
Interactive Discussion

Programme Offerings

Cost Management Course
Lectures
Reading Materials
Interactive Sessions
assessments

Courses and Certificate Fees

Certificate Availability
no

The Strategic Cost Management training programme fee is Rs. 35,400 plus GST for non-residential, in campus candidates, and for others, it is Rs. 27,000 plus GST. Interested candidates will have to pay the fee through online mode.

Fee Structure of the Strategic Cost Management Course

Course	Amount in INR
Strategic Cost Management	Rs. 35,400 + GST (For Offline Mode)
Strategic Cost Management	Rs. 27,000 + GST (For Online Mode)

What you will learn

Financial Management

The topics that candidates will learn in the Strategic Cost Management course are:

How to manage the cost of a product or services offered by the organisation and what does activity-based costing mean.
Knowledge about the concepts and techniques used in strategic cost management online courses.
How does budgeting is done for the organisation and what are the concepts of budgeting.
Candidates will also gather information about the profit centres and issues related to transfer pricing and profitability.

Who it is for

The financial sector professionals can identify the costs and make the best decisions for the investment on the behalf of their organisation and clients. Also, managers and executives can prepare budgets and use the budgets for better results in the favour of their organisation. This course will help the professionals to make strategic decisions on the basis of the situation in real-time. Freshers after completing this course will be able to kick start their career in the finance sector and get a good chance to get employment in this sector.

The Syllabus

Instructors

IIM Ranchi Frequently Asked Questions (FAQ's)

1: Who will instruct the Strategic Cost Management course?

The course will be instructed by Professor Subir Chattopadhyay, who is a faculty member of the Indian Institute of Management, Ranchi.

2: What is the eligibility criteria for admission to the Strategic Cost Management course?

There is no eligibility requirement for taking admission to the Strategic Cost Management course.

3: What are the key topics covered in the Strategic Cost Management online course?

The course focuses on cost management, the role of costing, quality management, and different types of analysis such as Customer Profitability Analysis & Product Profitability Analysis.

4: The Strategic Cost Management course is offered by which college?

Indian Institute of Management, Ranchi, (IIM Ranchi) offers the Strategic Cost Management course to the students.