Delivered at:: Department of Finance

Course type:: Compulsory course

When:: 1 year, 1 module

Instructor

Корехова Евгения Викторовна

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Abstract

The course covers aspects of corporate performance management from the financial perspective. Starting with fundamental concepts on organizational strategy and their alignment with operational execution, students then proceed to financial control, performance measurement and management systems that support and empower decision-making process within organizations. The course includes advanced cost management techniques, unit economics and budgeting framework to support strategic, tactical and operational decision-making process. Additionally, it covers strategic performance management tools and essential management control instrument - Balanced Scorecard. Students will work with financial models as well as corporate reports to practically analyze the linkage between strategy and operations as well as to assess financial performance.

Learning Objectives

Equip students with fundamental knowledge and practical skills of performance management and management control systems in prganization with special focus on cost management and unit economics, budgeting and BSC.

Expected Learning Outcomes

To understand principles of performance management and measurement system
To apply strategic management performance tools
To analyze corporate reporting in terms of performance management
To link strategic planning with operational decision making and control process
To apply quantitative and qualitative techniques in performance management

Course Contents

Управление эффективностью и принятие решений
Performance Management and Measurement systems
Cost management
Strategic, tactical and operational planning
Strategic Performance Management Tools

Assessment Elements

Group task
in-class activity
Exam
Project

Interim Assessment

2026/2027 1st module
0.2 * Exam + 0.25 * Group task + 0.25 * Project + 0.3 * in-class activity

Bibliography

Recommended Core Bibliography

Cardy, R. L., & Leonard, B. (2011). Performance Management: Concepts, Skills and Exercises : Concepts, Skills and Exercises (Vol. 2nd ed). Armonk, N.Y.: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=929342

Recommended Additional Bibliography

Aguinis, H. (2014). Performance Management: Pearson New International Edition (Vol. 3rd ed). [N.p.]: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1418135
Cokins, G. (2009). Performance Management : Integrating Strategy Execution, Methodologies, Risk, and Analytics. Hoboken, N.J.: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=317048

Authors

Soloveva Ekaterina Evgenevna
Nazarova Varvara Vadimovna

Master’s Programme 'Finance'

Professional and Society Accreditation 2018

EPAS accredited

Contacts

Performance Management and Decision Making