2022/2023
Performance Management
Type:
Optional course (faculty)
Delivered by:
Department of Finance
When:
1 module
Open to:
students of all HSE University campuses
Language:
English
ECTS credits:
3
Contact hours:
28
Course Syllabus
Abstract
The course covers aspects of enterprise performance management in financial perspective. Starting with foundamental architecrural concepts and questions on linking strategy with iperations, students then deep dive into financial control and performance instruments that support decision-making process in organization. Special focus will be given tp advanced techniques of cost management for decision-making and unit economics. Another accent of the course us on management control instruments - balanced scorecard and budgeting. Students will work with financial models and will analyse in practice strategy-operations linkage and operational financial performance management. During the course aspect of performance management information systems will be covered in class discussions and practical part.
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
- Ability to analyse budgets and make the managerial decisions
- The ability to analyse the degree of the performance management development in the enterprise
- The ability to apply quantitative tecniques in budgeting
Course Contents
- Basic of Performance Management. Steps in Performance Management. The characteristics of the effective performance measures.
- Fundamentals of the business process analysis.
- Balanced scorecard (BSC) in Performance Management.
- Budgetary systems.
- Quantitative analysis in budgeting.
- Analytics in performance management.
Assessment Elements
- AuditorialAuditorial grade is grade for work on tutorials & for attendence . You may find detailed information in the course presentation (please, find atached file in the block Presentation) or in syllabi (please, find attached file here)
- TestYou may find sample here in attached syllabi
- Business gameYou may find description in course presentation (please, find it in the bloch Presentation) and here in syllabi
- Exam Test (online, zoom)Оfinal result = 0.4 Оexam + 0.6 Оaccumulated , where Оaccumulated** = 0.4 Оtest + 0.4 Оproject+ 0.2 Оauditorial ** If accumulated mark is more than 6 (6,7,8,9,10) student does not need to pass the exam, in this case final grade = accumulated grade . Detailed description of te system of assessment you will find in the course presentation (please, find it in the block Course Presentation) or here in syllabi (please, find attached file)
Interim Assessment
- 2022/2023 1st module0.2 * Auditorial + 0.2 * Business game + 0.4 * Exam Test (online, zoom) + 0.2 * Test
Bibliography
Recommended Core 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
- BPP Learning Media (Firm). (2016). ACCA : Study Text: Paper P5: Advanced Performance Management: for Exams in September 2016, December 2016, March 2017 and June 2017 (Vol. Ninth edition). London: BPP Learning Media. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1241086
- 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
- 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