Marketing and Management Accounting
Participants are introduced into two relevant areas of business administration: marketing and management accounting. On the one hand, they will create and present (substantial parts of) a marketing plan. On the other hand, they learn and apply concepts and instruments of management accounting. As such, participants also acquire the competence to critically engage in business-related discussions and take informed decisions in everyday business.
Concepts and methods of marketing:
- Marketing, sustainable marketing and marketing plan
- Situation analysis, market research
- Marketing objectives and strategies
- Marketing instruments and mix
Concepts and methods of management accounting:
- Costs and management accounting
- Full (absorption) costing, activity-based costing (ABC), direct and indirect costs
- Variable (marginal) costing, variable and fixed costs, contribution margin, break-even point analysis
- Students understand and apply the business mindset and language
- Students understand business contexts and challenges through the lenses of (sustainable) marketing and management accounting
- Students understand the importance of (sustainble) marketing and management accounting for organisational value creation
- Students master important concepts and instruments of (sustainable) marketing and management accounting and can apply them in relevant situations (e.g., projects)
- Students can work in groups and present results in a stakeholder-oriented manner