MCRS-X10

MCRS-X10
PGDM-PT 2010-13: Term-VII

Course Name:

MANAGEMENT CONTROL & REPORTING SYSTEM

Credits	3 credits
Faculty Name	Brajaraj Mohanty
Program	PGDM-PT (2010-2013)
Academic Year and Term	2012-13, Term VII

1. Course Description

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, in financial management, in 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, the students will be supplied with the book “Management Control System” by Anthony & Govindrajan,

12th

Edition. Besides, it is essential that students should read the following books kept in the reserve sequence of the library.

2. Student Learning Outcomes (typically 3-5 bullet points)

· 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	GAC (Case-5)	AG-6 Appraising Profit Center Managers*
7	Profit Centre & Transfer	OGC (Case-6)	AG-6 continuing
8	Profit Centre & Transfer	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	Management 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	Motivational & Control	RVPL (Case-15)	AG-11 continuing
15	Management Control	Lecture	Management Control in Projects by B. Mohanty Also AG-16

* 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%

Quiz 20%

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 05/11/2012 at 10:39 AM
Category: ExPGP-III Doctype: Document

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