Budgeting & Controlling

first cycle, Master

Students will learn about cost management and controlling approaches as functions of management in the application of basic business administration knowledge and skills, particularly in relation to SME’s, sports, culture, and events.

Students will learn and be able to demonstrate:
- project management skills,
- the ability to perform cost and income statement analysis,
- the application of planning and control systems,
- direct costing and break-even analysis,
- the ability to perform calculation of contribution margins,
- common cost analysis and
- the ability to identify and analyze appropriate key performance indicators.

Students will be able to carry out the planning and budgeting for specific event concepts and to find the starting points for value-based controlling. They will be able to assess the resulting competitive advantages through efficient cost structures.

not applicable

The course will build on the approaches to value-based controlling, utilizing:
- Zero based budgeting
- Performance measurement
- Calculation of contribution margin

The course will introduce:
- The basics of budget planning
- Classification in the planning process
- Asses ment of company and project success
- Actual vs. Target comparisons
- Key performance indicators

Horvath, P. (2015): Controlling, 13. Vollst. Überarb. Aufl., Vahlen Verlag München
Weber, J. (2016): Einführung in das Controlling, 15. Überarb. Aufl. Schaeffer Poeschel Verlag Stuttgart
Kaplan, P.; Norton P. (2018): Balanced Scorecard: Strategien erfolgreich umsetzen 1. Auflage Schaeffer Poeschel Verlag Stuttgart
Stelling, J. (2008): Kostenmanagement und Controlling Oldenbourg Verlag München Wien
Gleich R.; Kappes, M.; Leyk, J (2019): Planung, Budgetierung und Forecast 1. Auflage Haufe Verlag Freiburg

examination

German

4

0

2.0

integrated course

1

Team SCEM

1

bb.GL.4

integrated lecture

Compulsory

not applicable