The programme is organised into two different specialisations. Applicants must specify which specialisation they are applying for in their Statement of Purpose (motivation letter) that has to accompany the application.
Accounting and Management Control
Management control is a critical function in organizations to ensure that decisions and behaviors are consistent with objectives and strategies related to performance. On this specialisation participants will learn about how performance measurement can improve decision-making and strengthen motivation. Other areas covered are contemporary management accounting techniques related to costing and pricing of products, as well as assessment of capital costs. Knowledge of research approaches and methods will be integrated parts of the courses. Case assignments and experiments are important in the course work to facilitate participants’ understanding of linkages between strategy and performance, organizational characteristics, and the design of management control systems.
Corporate Financial Management
Corporate finance is a place where business strategy, processes, and information combine. This specialisation provides techniques and models to assist in financial decision-making and the insight to determine whether these decisions make sense in a strategic competitive context. You will improve your skills in analyzing the need for and design of corporate restructurings, in evaluating the impact of corporate restructurings on corporate performance and firm value, and in solving complex and unstructured practical corporate financial problems. You will also improve your understanding of how to finance and manage the risk of ventures, be they start-ups or incumbent firms and corporate transactions.