ACCTG 523 - Accounting Information and Internal Decision Making

3 units (fi 6)(EITHER, 3-0-0)

Accounting concepts used by managers in planning and decision-making. The course introduces concepts of cost and profit behavior, contribution margin, and activity-based costing, as well as relevant costs and revenues for production, marketing and capital budgeting decisions. The course also introduces students to the management planning and control system and its components - budgets, variance analysis, performance evaluation in centralized and decentralized organizations, and management compensation plans. The importance of designing a system to fit the organizations' strategy is emphasized. Prerequisite: ACCTG 501.

MMA 601 - Business Foundations and Strategic Decision Making

3 units (fi 6)(FIRST, 3-0-0)

Students are introduced to business fundamentals in the first session followed by second session that delves deep into the dynamic world of data-driven strategy, cultivating invaluable skills in utilizing data to frame decisions effectively. Restricted to students registered in the MMA Program. Non-MMA students require consent of home dept and the Masters Programs Office.