6 Credits (ECTS)
Get 70% back via Tax Credit
€613 refund on this module
This module aims to develop the ability to collect, analyse, and communicate quantitative and qualitative information that feed into effective planning and control decisions. Topics include the changing role of management accounting and basic concepts; product costing and cost accumulation; process costing and hybrid product costing systems; activity-based costing and activity-based management; activity analysis, cost behaviour and cost estimation; cost-volume profit analysis; absorption and variable costing; profit planning and activity-based budgets; standard costing and flexible budgeting; cost management tools; and decision-making.
These reports typically capture the amount of available cash, the sales revenue generated, the amount of orders in hand, the state of accounts payable and accounts receivable, outstanding debts, raw material and inventory, and may also include trend charts, variance analysis and other statistics.
Candidates who apply for this course must possess one of the following:
- a Level 6 degree;
- a Level 5 diploma or higher diploma and 5 years’ work experience in a supervisory or managerial role.
Preference is given to applicants having a Level 6 degree in a discipline related to the study programme and a minimum of 3 years’ work experience in management.
This course is targeted at management professionals with supervisory and/or middle management experience such as:
- operations manager/coordinator
- financial manager
- supply chain manager
- shop floor manager/supervisor
- marketing and sales manager
- services manager/supervisor.
- retail managers/supervisors
- transport managers
- maintenance managers
- marketing managers
The target group focuses primarily on people already employed within supervisory and managerial roles who wish to have a more thorough background in the subject in order to progress further in their careers.
The programme aims to prepare you for senior posts such as that of general manager, head of department or director of any organisation, both in the private and public sector.
How you’ll be assessed
This is a part-time programme and will typically take 30 months to complete. The programme comprises a total of 10 modules. The method of assessment is assignment-based.
The course comprises:
- 6 lectures per module;
- 3-hour lectures (evening);
- 12 hours of online content per module, comprising asynchronous online discussions, tutorials and/or videos.
Module Intake Dates
Reading for the entire Master of Science (M.Sc.) in Management as presented in this brochure costs €9,775.*
Upon successful completion of this course, students will be eligible for a 70% refund of the cost through the ‘Get Qualified’ scheme.**
Due to the modular structure of the course, you may also opt to take individual modules as stand-alone. The entry requirements still apply.***
*Prices are applicable to students who reside in Malta at the time of applying.
**Terms and conditions apply.
*** For the price of individual modules, please contact the IDEA Academy team.