• Burkert Michael

• Demiri Zana
• Islami Jetë

Formerly “Dezentrale Unternehmenssteuerung”:

Management accountants play a crucial role in providing managers with the cost accounting information needed for effective decision-making, planning, and controlling. Building on the foundational knowledge from previous management accounting courses in the bachelor's program, this course focuses on enhancing decision-making and risk control through Monte Carlo simulations.

Students will learn how to apply Monte Carlo simulation techniques to improve cost predictions and make more informed decisions under uncertainty. The course emphasizes the development of analytical skills, encouraging students to engage in discussions about the results of Excel-based exercises and participate in a comprehensive business case study on management accounting.

Examination time: 60 Min.

Group work: 40% of the grade • Written Exam: 60% of the grade

Group work make up 40% of the grade but only if written exam is passed! If a retake exam session is to be done, grading of the course is based on exam only (100% of the grade).

Course with continuous evaluation: after the registration period, you can no longer cancel your registration (see session calendar on the Faculty's website).

Examination time: 60 Min.

Retake exam only