Profile Description - Management Accounting



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Profile Description - Management Enclosure to the curriculum for Master of Science in Economics and Business Administration 1 of 9

This profile description is an enclosure to the curriculum for the Master of Science in Economics and Business Administration The profile description applies to students commencing the profile as from 1 st September 2012 It is recommended also to read the curriculum as well as the ministerial orders. The profile description was approved on 17 th April 2012 by Administration and on 17 th April 2012 by the Dean of the Faculty of Business and Social Sciences. Section 5.1 has been updated on 23 rd October 2012 by the Academic Study Board of Business Administration and on 29 th October 2012 by the Dean of the Faculty of Business and Social Sciences. Section 2 has been updated on 17 th May2013 by the Academic Study Board of Business Administration and on 21 st may 2013 by the Dean of the Faculty of Business and Social Sciences. Section 4.1 and 5.1 has been updated on 6 th May 2014 by the Academic Study Board of Business Administration and on 27 st May 2014 by the Dean of the Faculty of Business and Social Sciences. Section 5.1 and 6 has been updated on 24 th February 2015 by the Academic Study Board of Business Administration and on 13 th April 2015 by the Dean of the Faculty of Business and Social Sciences. Section 7., 7.1., and 7.2. has been added to the profile description on 24 th February by the Academic Study Board of Business Administration and on 13 th April 2015 by the Dean of the Faculty of Business and Social Sciences. 2 of 9

Content 1. THE TITLE OF THE PROFILE IN DANISH AND IN ENGLISH... 4 2. ENTRY REQUIREMENTS TO THE PROFILE AND ENTRANCE THROUGH SUPPLEMENTARY COURSES... 4 3. DESCRIPTION OF THE FOCUS AREA... 4 4. OTHER REGULATIONS... 4 4.1 LANGUAGE... 4 4.2 PROJECT ORIENTED STUDIES AND STUDYING ABROAD... 5 4.3 SEMESTER STRUCTURE... 5 5. STRUCTURE OF THE PROFILE... 6 5.1 COURSE TITLES, ECTS, WEIGHT AND ASSESSMENT... 6 5.2 DIAGRAM OF THE PROFILE, STUDY START RESPECTIVELY 1 ST SEPTEMBER AND 1 ST FEBRUARY... 7 5.3 DESCRIPTION OF THE ELECTIVE COURSES... 7 6. SPECIALLY PROFILE TRANSITIONAL RULES... 7 7. INTERDEPENDENCY BETWEEN COURSES AND COMPETENCE PROFILE AND ACADEMIC PROGRESSION BETWEEN THE COURSES... 8 7.1 INTERDEPENDENCY BETWEEN COURSES AND COMPETENCE PROFILE... 8 7.2 ACADEMIC PROGRESSION BETWEEN THE COURSES... 9 3 of 9

1. The title of the profile in Danish and in English The title of the profile in Danish is: Kandidatuddannelsen i erhvervsøkonomi (cand.merc.) (med profil i Økonomisk styring). The title of the profile in English is: Master of Science in Economics and Business Administration (with the profile in Management). 2. Entry requirements to the profile and entrance through supplementary courses Direct entrance: In accordance with the curriculum, section 3, the following bachelor s degrees provide admission to the profile: Persons who have passed the Bachelor in Economics and Business Administration Programme (HA) have access to the Master of Science in Economics and Business Administration. 3. Description of the focus area In accordance with the curriculum, section 1.1 the student who completes the profile will obtain the same skills through academic and practical focus as described below: The focus area of the profile is the firms management and finance function areas. These areas are important not only to production firms but also to modern knowledge based firms. Graduates of the Management profile have obtained advanced knowledge of accounting through the required courses. The coursework is firmly grounded in Micro-economic theory. The graduate can use, produce, and develop accounting information for decision and control purposes both in the context of a multi-product firm and in the context of knowledge based firms. The graduate has demonstrated substantial insights into reporting to financial markets, and the interaction between accounting information and financial markets. Furthermore, the graduate is able to develop, formulate, and solve advanced accounting models. Finally the graduate has gained competencies in evaluating the design of management accounting systems. 4. Other regulations 4.1 Language The programme is offered in English. All compulsory courses are taught in English. Language of examination is English unless it is stipulated in the course description that the exam may also be taken in Danish. The Master Thesis is written in English. However, if the supervisor agrees, the Master s Thesis may be written in Danish. The oral exam will in this case also be in Danish. 4 of 9

4.2 Project oriented studies and studying abroad Project oriented studies and studying abroad is recommended to take place in the 3 rd semester of the program. 4.3 Semester structure Please see section 5.2. 5 of 9

5. Structure of the profile 5.1 Course titles, ECTS, Weight and assessment Course Titles ECTS (= Weight) Assessment Constituent compulsory courses Management 10 Internal / 7-point scale Financial 10 External / 7-point scale Advanced Management 10 Internal / 7-point scale Master thesis 30 External / 7-point scale Students must choose between three combinations of compulsory courses: Combination 1: Foundations of Strategy 10 Internal / 7-point scale Foundations of Organisation 10 External / 7-point scale Corporate Stategy and Organization Design Combination 2: Supply Chain Links and Enterprise Ressource Planning 10 Internal / 7-point scale 10 Internal / 7-point scale Supply Chain Inventory and Production 10 External / 7-point scale Planning Foundations of Organisation 10 External / 7-point scale Combination 3: Supply Chain Links and Enterprise Ressource Planning 10 Internal / 7-point scale Supply Chain Inventory and Production 10 External / 7-point scale Planning Foundations of Strategy 10 Internal / 7-point scale Elective courses (): You have to choose no more than 30 ECTS elective courses 30 Depending on the chosen courses The demand in the curriculum for at least 10 ECTS courses providing knowledge and skill within the area of scientific methods is met through the courses Management, Financial and Advanced Management. 6 of 9

5.2 Diagram of the profile, study start respectively 1 st September and 1 st February Study start 1 st September 4th semester Master s thesis 3rd semester 2nd semester 1st semester Supply Chain Links and Enterprise Ressource Planning/ Corporate Strategy & Organization Design Supply Chain Inventory and Production Planning/Foundation of Organization or Foundations of Strategy Elective Courses Max Financial Management Advanced Management Foundation of Organization or Foundations of Strategy Admissions to the program as of 1st February will commerce with elective courses. Please contact the teacher responsible for the study programme for further information. 5.3 Description of the elective courses The student can choose elective courses: among other constituent courses on other M.Sc. in Economics and Business Administration, which are not constituent on the elected profile, primarily among 1. semester courses or among the list of pre-approved elective courses (to be announced) or apply the study board for permission to include a specific elective course as an alternative elective course 6. Specially profile transitional rules Students matriculated 1 st February 2012 will be transferred to the present profile. As of 1 st September 2015 the course Foundations of Strategy and Corporate Strategy & Organization Design are assessed with internal grading. 7 of 9

Management Supply Chain Inventory and Production Planning/ Foundations of Strategy/ Organization Supply Chain Links and Enterprise Ressource lanning/ Corporate Strategy & Organization Design Financial Advanced Management Electives Master Thesis The Faculty of Business and Social Sciences 7. Interdependency between courses and competence profile and academic progression between the courses 7.1 Interdependency between courses and competence profile (1 is a little, 2 is some, 3 is a lot) The M.Sc. in Management Has knowledge based on the highest international research within a field of study Can understand and scientifically reflect on the knowledge of the field/fields of study and identify relevant problems Can select and apply advanced scientific methods and theories for collection and analysis of data to describe the conditions of the firm. Can set up new models of analysis and problem solving. Can convey knowledge and discuss professional issues with colleagues, company management and external partners. Can manage complex, unpredictable work and development situations. Can independently initiate and implement cooperation and take on professional responsibility. Can independently take responsibility for own professional development. Can solve specialist tasks within the functional areas of organizations with the public and private sectors 2 2 2 3 3 3 1 3 3 2 3 2 3 3 2 3 2 2 2 3 2 3 1 3 2 1 2 2 2 2 1 3 3 2 2 2 3 2 2 3 2 2 2 3 3 2 1 2 3 1 2 2 2 3 1 2 1 1 2 2 3 3 3 3 3 2 2 2 3 3 1 3 8 of 9

7.2 Academic progression between the courses Progression of the Profile, Type 1 Advanced courses Extended abstract level Specialization and internationalization Master s thesis Elective Courses Advanced Specialization courses Introductory profilization courses Corporate Stategy and Organization Design Foundations of Organisation Financial Management Advanced Management Foundations of Strategy Specialization Theories & Methods Theories and methods/models about the firm Progression of the Profile, Type 2 Advanced courses Extended abstract level Specialization and internationalization Advanced Specialization courses Introductory profilization courses Supply Chain Links and Enterprise Ressource Planning Supply Chain Inventory and Production Planning Specialization Theories & Methods Master s thesis Elective Courses Financial Management Advanced Management Foundations of Organisation Theories and methods/models about the firm 9 of 9