The strategic importance of financial accounting and management accounting information is increasingly recognized in a fast-paced and globally-competitive business environment. The information is used extensively as key decision-making criteria in leading organizations.
This concentration focuses on and integrates new concepts and techniques in management accounting and finance. Further, it provides background for the Certified Management Accountant (CMA) exam or the Certified in Financial Management (CFM) exam, leading to these increasingly prestigious designations.
The Financial Management and Control concentration encompasses elements of “The New Finance,” which is based upon the strategic use of accounting and financial information. The program includes theory and concepts, advanced technical knowledge and skills, and familiarization with the tools and methodologies of contemporary management accounting:
- Activity Based Management
- Strategic Performance Measurement