The strategic importance of management accounting information is increasingly recognized in the fast-paced and globally competitive business environment. The information is used extensively as key decision-making criteria in leading organizations. The Management Accounting concentration is focused specifically on contemporary management accounting and financial decision making.
The program includes theory and concepts, advanced technical knowledge and skills, and familiarization with the increasingly sophisticated tools and methodologies of the management accountant. The program is flexible enough to accommodate persons with previous accounting or business backgrounds as well as persons with non-business backgrounds. Students in the program are encouraged to apply for the CMA (Certified Management Accountant) examination.
Topics included in the Management Accounting concentration are those most prominent in today's fast-paced and dynamically changing management environment:
- Activity Based Management
- Total Quality Improvement
- Continuous Quality Improvement
- Business Process Re-engineering
- Strategic Cost Management
- Value-adding Processes
- Financial Process Re-engineering
- Strategic Uses of IT
- Performance Measurement