MBA Course Outline

Batch Year 2023-25 Term I ☐ Term II ☒ Term III ☐

Academic Term
Acad. year 2023-24 Term IV ☐ Term V ☐ Term VI ☐

Course Area Finance & Accounting Core ☒ Elective ☐

Title of the
Course
Cost Accounting Course Code PGP2023COA

Course Dr. Ranjan DasGupta 1

No. of Teaching
Faculty
Faculty Members
Name
Please mention the details of the faculty if No. of Teaching Faculty Members is more than 1.
Name of other Dr. Rajesh SP rdasgupta@iimraipur.ac.in
Faculty Email Id sprajesh@iimraipur.ac.in
Member

Course Revision Record

Version Version Date Recommendation

3 August 21, 2023

Credits 0.5 Contact 15 Learning 45 Faculty Friday 4-5

Hours Hours Meeting PM
Hours
Please fill all the columns.

Contact Details of Course 0771-247-4627

Faculty
Course email

Course Description

Course The course emphasizes the use of accounting data for decision-making and is different from financial
Overview reporting. I will discuss different methods used by accounting information systems to provide information
(200 words) to managers, and how to adopt this information to make decisions. This includes the design and operation
of management accounting systems for planning and control purposes. This course requires students to
integrate various concepts and issues in other courses, especially financial accounting, finance, marketing
and economics.

Prerequisites/ Co-requisite: Students should practice the exercises given at end of each module.
Co-requisites

Course 1. To understand, analyse and evaluate cost and management accounting concepts, methods and
Objectives techniques.
(CO)
2. To use cost and management accounting information to undertake optimal managerial decisions.

3. To guide future managerial decisions by applying management accounting techniques by considering

information and interrelationships.
 MBA Course Outline
Teaching • Lectures
Methods • Problems and Case solutions and discussions

Learning Outcomes

Expected Learning Outcomes and Associated Measures

At the end of the course, students are expected to accomplish the following course learning outcomes (CLO). Alignment of
CLO with the Program Learning Goals and Assessment of the learning outcomes of the course is presented below.

Course Learning Program Learning Goals Assessment Tool(s)

Outcome
Will be able to apply PLG-1: Quizzes: PLG 1.1.
cost and management Management graduate students will use the knowledge Assignment: PLG 1.2.
accounting concepts, acquired to understand, analyze, and evaluate complex Class Participation: PLG 1.3.
methods and techniques business problems. End Term: PLG 1.2., PLG 1.3.
to undertake and guide 1.1 Analyze and evaluate management concepts and
present and future
theories.
optimal managerial
decisions. 1.2 Integrate and evaluate critical issues across
multiple functional areas.
1.3 Considers the contextual environmental factors &
their interrelationships.

Session Plan

Session Topic and Sub-topics Reading Mapping with

(With a brief description of what intends to be
Course Objective
achieved)

1 Introduction Readings: CO1

Introduction to cost and management accounting and Chapter 1 and 2 -

different approaches to costing HDR

The limitations of financial accounting and importance

of cost accounting and management accounting.

Cost concepts, cost behavior and different cost for

different purposes

2-3 Cost Volume Profit (CVP) Analysis Chapter 3 – HDR CO2

Club Mahindra Youth
Understanding of Break-Even Analysis and the Center, J W Sports
inferences that can be drawn from such analyses. Supplies (Darden
Publishing),
Hospital Supply Inc:
Case 16-1 from
Accounting: Text &
Cases
4-6 Activity-based costing (ABC) Chapter 5 – HDR CO2

Disadvantage of traditional allocation system and Chapter 14 – HDR

introducing activity-based costing (ABC)
Dakota Office
Cost Allocation and Customer Profitability Products (Harvard
 MBA Course Outline
Understanding customer profitability using ABC and its Publishing), Wills
implication on pricing of services. Sports Supplies,

California Creamery,
Inc.: Case 18-2 from
Accounting: Text &
Cases

7-8 Decision Making Chapter 11 – HDR CO2, CO3

Krishna Tools,
Relevant Cost: Differential cost, Sunk Cost & Import Distributors,
Opportunity Cost Inc.: Case 26-1 from
Accounting: Text &
Cases
9 Accounting for Planning and control - Budgeting Chapter 6 – HDR CO3

Understanding different types of budgets and the role of

standard costing.
10 Accounting for Planning and control – Variance Chapter 7-8 – HDR CO3
analysis
Chennai Plant No. 2,
Flexible Budgeting and Variance analysis SuAair Boat Builders,
Inc.: Case 20-1: from
Use of flexible budget data to analyses the variance in Accounting: Text &
performance in manufacturing setting and the Cases
managerial implications thereof.

Concluding remarks.

Textbooks Horngren’s Cost Accounting A Managerial Emphasis 16th Ed. (Indian) by Datar and Rajan

Notes & Hand outs

Readings

Cases As given above

Simulations

Other Accounting Text and Cases 13th Ed. By Anthony, Hawkins and Merchant
Reference
Books and
Materials

Evaluation • Quizzes (scheduled) (20%)

components • Assignment (during sessions - both individual and group, scheduled and surprised) (20%)
• Class Participation (surprised) (10%)
• End Term (scheduled) (50%)
 MBA Course Outline
Assessment (i) Quizzes
Pattern (ii) Assignment – In-class
(iii) Class Participation – In-class
(iv) End-term Examination

Course Students are expected to attend classes, read course materials, learn the subject, and apply in real-world
Expectations business situations.
from the
students
Refer academic policies and procedures handbook.

Academic It is expected that students will maintain honesty and a high academic standard.
Standard and
Honesty
Refer Program Specific manuals.

Other Relevant NA
Information

Program Learning Goals

PLG-1: Functional Knowledge- Students will use the knowledge acquired to understand, analyse, and evaluate
complex business problems.

PLG – 2: Decision making skills – Students will use critical and analytical skills to make decisions backed by data
and logic to handle business problems and challenges.

PLG-3: Oral and Written communication skills- Students will demonstrate clear written and oral communication
skills with entities both internal and external to their organization.

PLG-4: Ethical Leadership and Team Spirit- Students will demonstrate team spirit and leadership at their
workplace and behave in an ethical and responsible manner.

PLG-5: Creativity and Innovation – Management graduate students will use creativity and innovation in solving
problems and identifying opportunities in the business world.