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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

Accounting for Decision-Making is an intermediate-level online certification course. The online programme, available on edX, is designed in a self-paced mode. The learners who want to know financial accounting can join the course free of cost and the optional up-gradation of the course can also be done by paying the fee. Accounting for Decision-Making Certification Syllabus helps the students to develop the knowledge and skills of understanding and analysing the financial statements to come up with business decisions. 

Administered by edX, the Accounting for Decision-Making Certification is offered by IIMBx (Indian Institute of Management Bangalore). The online certification also will enable the students to have a thorough understanding of accounting information and cost management. The Accounting for Decision-Making Certification by IIMBx is structured in a way that can be completed in about 7 weeks. Edx gives two options for enrolling in the self-paced course; verified and audit free tracks. In the verified mode, the learners need to pay the course fee and they will get unlimited access to the self-paced programme. In the free mode, they can audit it for a limited period. 

The Highlights

  • Available on edX
  • Offered by IIMBx
  • 7 Week-long Course 
  • Free course (Optional upgrade available)
  • Complete Online Course 
  • Audit and Verified Tracks Available 
  • Shareable Certificate Upon Completion
  • Self-paced Course

Programme Offerings

  • Graded Assignments and Exams
  • edX support
  • English medium
  • intermediate level course
  • Video transcript in English

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 12555yesIIM Bangalore

The students who want to take the Accounting for Decision-Makin Online Course will have two modes of enrolment, namely, the audit track and the verified track. The students of the audit track can pursue the course free of cost and will be given limited access to the online programme. Whereas in the verified track, the students need to pay the Accounting for Decision-Making certification fee and they will be provided with unlimited access to the course materials, graded assignments, and certificate. 

Accounting for Decision-Making Fee Structure

Course Title 

Total Fee

Accounting for Decision-Making 

INR 12,555  


Eligibility Criteria

Academic Qualifications

To make full use of the Accounting for Decision-Making Certification Course, the learners must have a general understanding of the business environment. 

What you will learn

Accounting proficiencyFinancial Management

By the end of the  Accounting for Decision-Making Training, the learners will learn:

  • To develop the ability to read and make sense of financial statements. 
  • To come up with business decisions based on financial statements.
  • Cost management. 

Who it is for

Accounting for Decision-Making Classes is designed for the students who have the interest to know and learn accounting to come up with business decisions including the professionals like  AccountantFinance ExecutiveFinancial AdvisorFinancial Analyst, Financial Planner and the like. 


Admission Details

Step 1 - Register and sign in to edX at https://www.edx.org/  

Step 2 - Look for the online programme ‘Accounting for Decision-Making’ offered by IIMBx. 

Step 3 - Then Click on the course. 

Step 4 - Choose the tab ‘Enroll’ 

The Syllabus

  • Introduction to financial accounting
  • Generally Accepted Accounting Principles
  • Fundamental accounting equation
  • Recording of financial transactions and preparation of accounting statements through accounting equation.

  • Reading and understanding balance sheet
  • Income statement and cash flow statement
  • Familiarizing all accounting terms that normally appear in financial statements.

  • Ratio analysis; Understanding relationship between four profitability drivers
  • Assessing financial health through credit scoring model.

  • Preparation of Cost Sheet in manufacturing and service industry
  • Job and process costing
  • Activity-based costing.

  • Behaviour of costs
  • Break-even analysis
  • Relevant costing approach for different decision making scenarios.

  • Preparation of operational and financial budgets
  • Comparing actual performance against budgets
  • Price and quantity variance
  • Controllable and non-controllable variance
  • Revenue and contribution variances.

Instructors

IIM Bangalore Frequently Asked Questions (FAQ's)

1: Which institution is the provider of the Accounting for Decision-Making online course?

The online programme is offered by the Indian Institute of Management Banglore.

2: Who teaches Accounting for Decision-Making online certification?

The online certification programme on accounting is taught by MS Narasimhan who is the Professor at IIM Bangalore. 

3: Who can join the online course?

The online course is prepared for intermediate-level students who have a general idea of the business environment. 

4: Can the learners pursue the online programme at their own convenience?

The online course is designed in a self-paced mode and thus, the learners can take the online course at their convenience. 

5: Does EdX provide subtitles for the course content?

Yes, the subtitles of course videos are available in the languages of Hindi and English.

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