MBA Cost & Management Accounting

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Master of Business Administration in Cost & Management Accounting

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

Graduation

MBA Cost & Management Accounting or Master of Business Administration in Cost & Management Accounting is a Post-Graduate Accounts degree program. The term Cost accounting the point of view of the MBA can be equipped within the accounting system as internal reporting for use in management planning, control, and in making routine and non-routine decisions, and external reporting to the extent that its product-costing function satisfies external reporting requirements for reporting to shareholders, government, creditors, investors and various outside interested parties.

MBA Cost & Management Accounting Course Eligibility

  • A candidate who is very much interested in this degree course should have passed Bachelor’s Degree or Master’s Degree from any recognized University with a minimum of 45% marks in aggregate or any other equivalent qualification.
  • Some of the very reputed institutes conduct an entrance examination of their own for admission.

MBA Cost & Management Accounting Syllabus

Syllabus of the Cost & Management Accounting course as prescribed by various universities and colleges.

MBA Cost & Management Accounting Semester-I

Sr. No.

Subjects to Study

1

Overview of Cost Management Accounting

2

Introduction to Cost Terms and Purposes

3

Costing Methods

4

Cost-Volume-Profit Analysis

MBA Cost & Management Accounting Semester-II

1

Cost Allocation and Job/Batch Costing

2

Cost Management and Cost Estimation

3

Cost Allocation: Joint Products & By-Products

4

Decision-Making and Relevant Costs

MBA Cost & Management Accounting Semester-III

1

Flexible Budgets, Direct Cost Variances, and Management Control

2

Flexible Budgets, Overhead Cost Variance, and Management Control

3

Management Applications

4

Master Budget and Responsibility Accounting

MBA Cost & Management Accounting Semester-IV

1

Process Costing

2

Pricing Decision and Cost Management

3

Planning, Control, and Decision Making

4

Sales Variance Analysis

 

MBA Cost & Management Accounting Colleges

  • Praxis Business School, Kolkata

MBA Cost & Management Accounting Course Suitability

  • The candidates undergoing this degree course must have the following set of skills, for example, an aptitude for mathematics and the ability to analyze, compare and interpret facts and figures quickly.
  • The candidates who are going through this course should be able to communicate well and have an eye for detail as it is necessary for the course.
  • The candidates must also have the ability to work as a team member, and have high standards of integrity and accuracy as they have to take major decisions.

How is the MBA Cost & Management Accounting Course Beneficial?

  • The course of M.B.A is important to work in the Accounts and Finance departments of various firms & companies, banks, government departments and agencies, educational institutions, and some other types of organizations.
  • This degree course also helps to prepare students for a professional qualification in the field of finance and accounting and provides a solid base in the field of Accounting and Finance, thus making it easier to acquire a leadership/managerial role in the financial sector.
  • The course intends to equip students with the ability to apply cost concepts in managerial decision-making.
  • The candidates after successfully completing this degree course can also go for further research studies such as M.Phil. And Ph.D.

MBA Cost & Management Accounting Employment Areas

  • Government Sector
  • Private Sector
  • Banking Sector
  • Colleges & Universities
  • Insurance Companies
  • Tax & Utilities

MBA Cost & Management Accounting Job Types

  • Banking Officer / Banking Assistant / Banking Executive
  • Manager Marketing
  • Relationship Manager
  • Sales Manager / Sales Executive

Advanced Courses in MBA Cost & Management Accounting

  • PhD