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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf Study, Virtual ClassroomVideo and Text Based

Course Overview

This course by edX basically teaches accounting data to help a candidate solve complex problems easily in professional life. A student in this course will learn to prepare financial statements, the significance of budgeting, how financial information is used in decision making and pricing, how accounting information can be used and misused in the process of making decisions. 

The course taker will also be able to understand the influence direct and overhead costs have upon inventory, the calculation and accounting of goods sold under financial reporting, evaluating managerial performance through standard costing and variance analysis and much more. 

It helps a candidate to analyze accounting information in such a way that it gives the best internal decisions because ultimately a firm decision leads to the success of the organization. They teach various methods of managerial accounting like costing products, services, customers, planning and controlling, etc. 

This course gives a basic understanding of cash flows in making budgeting decisions. It is a twelve-week, advanced-level course free of cost but a certain amount is to be paid for obtaining the certificate for it. 

The Highlights

  • Completely shareable certificate
  • Certification of completion provided by edX
  • Certification provided in association with Indiana University
  • 12 weeks of course duration
  • 8 to 12 hours of the weekly study 
  • Verified certified post completion certificate

Programme Offerings

  • video lectures
  • Textbooks

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 39405yesIU Bloomington

The candidates can make fee payment for the course in two ways either by accessing the programme for free and verified manner. 

  • The programme under the free tab is totally free of cost
  • The candidate needs to make a fee payment of Rs. 39,405 under the verified track

Managerial Accounting and Corporate Control Fees Details

Heads

The total amount in Rupees

Total fees with certificate

Rs. 39,405  

Total fees without a certificate

 Free


Eligibility Criteria

Education 

This course is designed with a purpose for students of high school, intermediate level and for students who are at a junior or a senior level in a college or who have attained at least a degree of a  bachelors' course. 

Certification qualifying details 

The candidates will be able to get the certification of completion after making the payment of the certificate. They need to also complete the entire programme properly. 

What you will learn

Financial Management

On completion of this course, a candidate will be able to learn successfully the following things :

  • A candidate will be able to understand the theory involved in accounting
  • After this course, a student will successfully be able to prepare financial statements which will be very fruitful in the future.
  •  a candidate will become aware of the interdisciplinary links of accounting.
  • A student will come across technical aspects of managerial accounting
  • Basic terms related to managerial accounting will be taught to the students. 
  • A student will be able to analyze information smartly and make decisions. 
  • The participant will come across internal measurement systems associated with managerial accounting
  • A candidate will be able to excel in the process of analyzing and identifying costing processes. 
  • How to prepare budgets will be taught to the student
  • The application of the economic framework will also be taught to the student.

Who it is for

There are no specifications as to who can enrol in this course. However, they have certain limitations on the enrolment of this course.  The reason being edX has received licenses from the u.s.  office of foreign assets control (OFAC) to provide access to this course in these regions, it is not broad enough to allow access in all areas. 

The restrictions are as follows:

  • The students from the Crimea region of Ukraine cannot enrol in this course.
  • This course cannot be taken up by a participant of Iran
  • Candidates of Cuba cannot get access to this course.

Admission Details

Taking admission in this course is very easy. Candidates simply have to consider the following steps and they will be able to enrol themselves successfully: 

Step 1: Open the homepage of this course by entering the URL: https://www.edx.org/course/managerial-accounting-and-corporate-control 

Step 2: Select the 'enrol now' option. 

Step 3: Create a fresh account and save the id and password for future access.

Step 4: Sign in using this id and password. 

Step 5: Two options will come before you: 'take the verified course' and 'audit course'.

Step 6: If you choose the verified course, go to your cart, enter your card details and make payment for the course. 

Step 7: If you choose the 'audit course' option, you will get access to the course and study material. 

Step 8: You are now enrolled in the course. 

Instructors

IU Bloomington Frequently Asked Questions (FAQ's)

1: Do they have any textbooks for this course?

Yes, if you choose a verified certificate option, you will have to purchase the textbook. You will need to purchase a copy of Garrison, r. (2018). Managerial accounting (16th ed.). Mcgraw-hill higher education. Print ISBN: 9781259307416, 1259307417: etext ISBN: 9781259995484, 1259995488. 

2: Is there any process of contacting the instructors personally?

No, the instructors cannot be contacted personally. You can always solve your doubts on the 24*7 support system provided by them.

3: Till when can I access this course after choosing the verified certificate option?

The certificate has a lifetime validity after you become a verified learner. The study material also can be accessed for a lifetime.

4: Do they have live video lectures?

Yes, they have recorded video lectures which are available all the time once you become a verified learner.

5: What is the payment method?

The payment method for this course is online. You can enter your card details and make the payment. 

6: This course is offered by which institution?

This course is offered by IUx.

7: How much time do I need to give in this course?

This is a twelve-week course. A candidate needs to give eight to twelve hours per week in order to complete this course successfully.

8: This course will be instructed by whom?

The instructor for this course is Mr. Brian P Miller, associate professor in accounting at Indiana University.

9: This course belongs to which subject?

This course falls under the category of business and management.

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