MANAGEMENT CONTROL

The course contributes to the educational objectives of the Master’s Degree Programme, which aims at providing students with economic and managerial knowledge with a specific focus on sustainability and long term value creation.
The course studies how management control systems can be used to effectively implement company strategy and the main performance measurement tools. Particular emphasis will be devoted to how these instruments can foster sustainability and long term value creation.

1 KNOWLEDGE AND UNDERSTANDING
- know how to build a profit plan;
- know the main financial performance measurement tools;
- know the main non-financial performance measurement tools;
- know the main characteristics and shortcomings of a management control system.
2 APPLYING KNOWLEDGE AND UNDERSTANDING
- identify the variables that should shape the profit planning process;
- know the strength and weaknesses of the performance measurement tools;
- know how to shape the application of the main non financial performance measurement frameworks;
- identify the main challenges and possible improvements of the management control systems.
3 MAKING JUDGEMENTS
- know how to frame hypotheses concerning management control systems efficacy.

To tackle the course, it is necessary to have already learnt the basic concepts of cost accounting.

1. Management control in the wider corporate governance context
2. How to prepare a profit plan
3. Planning and budgeting
4. Strategic performance measurement,
5. Linking performance to market (Economic Value Added and Transfer Pricing).
6. Building on a balanced scorecard
7. Different Management control system for different companies
8. Sales management control
9. Management control from a sustainability perspective.

Robert Simons, Sistemi di controllo e misure di performance, Egea, 2004 (capitoli 5,6,8,9,10)
Chiara Mio, Programmazione e controllo delle Vendite. Una prospettiva di sostenibilità, Egea, 2013; capitolo 1 e 4
Other readings available on the website

The exam is both written and oral and both exams are compulsory. The written exam includes three questions (calculation exercises and open-ended questions), with a pass/fail evaluation. The oral exam will cover the whole program and will determine alone the final grade.

The course includes lectures, guest speakers and group works.

Italian

Accessibility, Disability and Inclusion
Accommodation and support services for students with disabilities and students with specific learning impairments

Ca’ Foscari abides by Italian Law (Law 17/1999; Law 170/2010) regarding support
services and accommodation available to students with disabilities. This includes students with
mobility, visual, hearing and other disabilities (Law 17/1999), and specific learning impairments (Law 170/2010). If you have a disability or impairment that requires accommodations (i.e., alternate testing, readers, note takers or interpreters) please contact the Disability and Accessibility Offices in Student Services: disabilita@unive.it.

written and oral