MCRS-P11

MCRS-P11
PGDM 2011-13: Term-V

Course Name: MANAGEMENT CONTROL & REPORTING SYSTEM

Credits	3 credits
Faculty Name	Brajaraj Mohanty
Program	PGDM (2011-2013)
Academic Year and Term	Term V

1. Course Description and Pedagogy

Course Objective

Given the objectives and strategies of an organization, one of the major tasks of the top management is to ensure that such objectives are broken up into sub-objectives and assigned to managers of organizational units and sub-units. In order that managers work in the interest of such sub-objectives, the organization must be given a system, which will help in clearly defining the tasks, in defining subunit boundaries, in providing reporting and accountability systems, in evolving appropriate control process and system for review and feedback. The course MCRS is intended to cover these aspects and thus help in forming a bridge between strategy and operating tasks. The course is so designed that students intending to pursue career in general management, financial management, management planning and control and in management information system are likely to benefit more out of this course than students intending to pursue careers in other areas.

Pedagogy

The course is designed to rely heavily on case method. The students are advised to prepare the cases before attending the class. For some sessions cases are accompanied by technical notes and handouts which should be read while preparing the cases. The cases and some of the readings are supplied in advance. In addition, attempts will be made to supply, to the extent possible, the book “Management Control System” by Anthony & Govindrajan,

12th

Edition. Besides, it is essential that students should read the books kept in the reserve sequence of the library as stated in (3) below.

Student Learning Outcomes

Be able to

demonstrate the ability to identify theories that explain different business situations

Be able to

diagnose issues in real life situation and be in a position to propose appropriate solutions.

Be able to get a holistic picture about the internal working of organizations with variety of complexities and make balanced decisions.

Be able to link the strategy to the middle management and lower management level and ensure that in every decision the overall strategy is duly reflected.

3. Required Text Books and Reading Material

1) Maciariello and Kirby Management Control System Irwin

2) Mohanty B. Management Control System Macmillian

3) Mahinder Kaura Management Control System Response

4) Subhash Sharma Management Control TMH

4. Tentative Session Plan

Session No.	Topic	Lecture/Case	Reading for the session
1	Introduction	Lecture	AG-1 & 2
2	Organizational Objective	GE (Case-1)	AG- 3
3	Organizational Structure	Organization at Larsen & Turbo (Case-2)	AG-4
4	Responsibility Centers	BAC (Case-3)	A note on Responsibility centre by B. Mohanty
5	Responsibility Centers	EPL (Case-4)	Also AG-5
6	Issues in Responsibility Centres	GAC (Case-5)	AG-6 Appraising Profit Center Managers*
7	Profit Centre & Transfer Pricing	OGC (Case-6)	AG-6 continuing
8	Profit Centre & Transfer Pricing	HLC (Case-7)	New system for Divisional Control (From HBR)*
9	Investment Centers	DBL (Case-8)	AG 7
10	Investment Centers	BPC, LMC and AC (Cases- 9,10 and 11)	The Case against ROI control (From HBR)*
11	Managing Managed Cost	PMC (Case-12)	Controlling Managed Cost by B. Mohanty
12	Tight Control Systems	TII (B) (Case -13)	Also AG-9, AG-10
13	Administration of MCS	PPM (Case-14)	AG 10 continuing, AG-11
14	Controlling unrelated business	Southern Machineries (Case 15)
15	Control in Multinational Subsidiary	Galvor (Case 16)
16	Motivation & Control	RVPL (Case-17)	AG-11 continuing
17	Strategic Compatibility	Western India Dairy ( Case 18)
18	Management Control in Project Organizations	Lecture	Management Control in Projects by B. Mohanty Also AG-16
19 & 20	Project Presentations

* The Students are requested to go through EBSCO for readings from HBR.

Depending on the requirement other topics may be added in due course. Agency Theory, ZBB, etc. will be discussed depending on the interest of the students. The students will also work on a project, if possible on their own organization, to enrich their understanding of control practice. This will carry 30% weightage.

5. Evaluation

End-term 40%

Group Project Work 30% ( 15 % presentation and 15% report)

Quiz 20% (Best two out of three)

Class Participation 10%

6. Academic Integrity

The students are requested to go through the cases and reading materials before coming to the class. Credit will be given for demonstrating their own understanding and ability to express in their own language the case situations and not for reproducing from other sources.

Created By: Debasis Mohanty on 08/14/2012 at 05:01 PM
Category: PGDM-II Doctype: Document

...........................