Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
The Accounting for Managerial Decisions certification course provided by Swayam is an initiative to educate those interested candidates who wish to pursue higher and quality education in the field of Accounting and aspire to be a manager. This course is spread out for a duration of 16 weeks. The course credit is 6, and it will require almost 180 hours of preparation.
The skilled faculty of Swayam will make sure that the concepts included in the modules are well understood by the participants. The main focus of this course will be upon two concepts: Management Accounting, and, Cost Accounting. Candidates will be taught the core fundamentals that will prove to go a long way in securing job opportunities.
These fundamentals include knowledge about the differences in management accounting, which is basically mastering the ability to select the best alternatives available to produce a fine result; and concepts of cost accounting, which means to minimize cost and maximize profit.
The Highlights
- Regional languages available
- Completed courses
- Online classroom
- Best-In-Class instructors
- Easy credit transfer
- Systematic approach
Programme Offerings
- Weekly Assignments
- Local chapters
- Audio/video lectures
- Online Forums
- Quiz
- test
- assignments
Courses and Certificate Fees
| Certificate Availability |
|---|
| no |
What you will learn
To the participants of the MCO-05-Accounting for Managerial Decisions course following skills will be imparted:
- An overview of the curriculum
- Learning the basics of Cost Concepts
- Gaining an understanding of Financial Statements
- Learning the basic Budgeting Concepts
- Awareness about the recent developments in Accounting
Who it is for
The MCO-05-Accounting for Managerial Decisions programme is for the following candidates:
- Candidates already having an undergraduate degree and wanting a postgraduate degree in a managerial course
- Candidates who have a commerce background and want to continue their studies in that field
- Candidates who want to build a strong base for further advanced studies
- Candidates who want to help their company’s management in making efficient decisions
Admission Details
A set of simple and directive guidelines are given below for the candidates to follow. Kindly refer to the following steps:
Step 1: Students are requested to log on to the link given below to reach the home page of the course:
https://onlinecourses.swayam2.ac.in/nou23_cm14/preview
Step 2: Click on the registration link available on the site for the particular course. If no registration link is present, proceed to step 3.
Step 3: Register yourself on the site. If you are an existing user, you are requested to log in with your credentials. After logging in, see if the link is available and click on it.
Step 4: Clicking on the link will take you to the payments page where you can purchase the course and gain access to the study materials provided.
Please note: If the registration link is not made available even after logging in, the candidates are requested to wait until the link is available and keep checking the website for further updates.
The Syllabus
Week 1
- Unit-1: Accounting: An Overview
- Unit-2: Accounting: Basic Cost Concepts
Week 2
- Unit-3: Financial Statements
Week 3
- Unit-4: Understanding Financial Statements
Week 4
- Unit-5: Techniques of Financial Analysis
Week 5
- Unit-6: Statement of Change in Financial Position
Week 6
- Unit-7: Cash Flow Analysis
Week 7
- Unit-8: Basic Concepts of Budgeting
Week 8
- Unit-9: Preparation and Review of Budgets
Week 9
- Unit-10: Approaches to Budgeting
Week 10
- Unit-11: Basic Concepts of Standard Costing
Week 11
- Unit-12: Variance Analysis-I
Week 12
- Unit-13: Variance Analysis-II
Week 13
- Unit-14: Responsibility Accounting
Week 14
- Unit-15: Marginal Costing
Week 15
- Unit-16: Break Even Analysis
Week 16
- Unit-17: Relevant Costs for Decision making
Week 17
- Unit-18: Reporting to Management
Week 18
- Unit-19: Recent Developments in Accounting
Instructors
IGNOU Frequently Asked Questions (FAQ's)
There are several benefits of completing this course from Swayam, including best instructors that provide you with efficient knowledge and skills, weekly assignments that would help you keep your progress in check, exams that will be channelized through experts, as well as a systematic approach that will keep you organized and motivated towards reaching your goals.
No such information about minimum qualifications is mentioned on the side. However, this is a postgraduate course. So, an undergraduate course before applying for this course is recommended to the candidates.
The module of this programme is spread over 16 weeks. So, a candidate would require approximately 180 hours of study spread over 16 weeks to complete this course.
The national coordinators of Swayam are IIMB, NIOS, UGC, CBSE, AICTE, NPTEL, IGNOU, CEC and NITTTR.
Swayam provides video lectures for its students. Along with that, it also provides readable/downloadable material specially prepared for the candidates, test and quiz sets to assess the candidates about his preparations. For the purpose of doubt clearing, an online forum will also be provided to the students.