After you have finished this course, you will have a good understanding of at least three themes. First, you will be able to understand and discuss the meaning and importance of management control as a basic part of managerial activity. Second, you will be able to understand and assess the interaction between control problems and organisational arrangements, such as performance measurement and incentives. Third, you will have obtained skills to adequately address control problems in actual practice, which includes data analytics.
Graduates have profound, evidence-based and up-to-date academic knowledge and understanding of theories, methods and tools in business/economics. This includes demonstrating the ability to develop new ideas.
Graduates can apply their profound knowledge and understanding to identify and solve also unstructured or semi-structured real life business/economic problems in unfamiliar environments within broader multidisciplinary contexts. This includes demonstrating analytical skills, data analysis skills and a problem-solving attitude.

In this course we will focus on the existing knowledge about performance management as well as on the research efforts undertaken to obtain knowledge about performance management practices, especially in the light of strategy execution. The intended learning outcome of this course is therefore to have a profound understanding of performance management and its role in strategy execution. The course objectives are: 1. Understand and discuss the meaning and importance of performance management as a basic part of managerial activity. 2. Understand and assess the interaction between control problems related to strategy execution and organizational arrangements, such as performance evaluation and incentives. 3. Obtain a set of skills, including data analytic skills, to adequately address performance management problems in actual practice. 4. Gain significant insights into academic research in the area of performance management.

* Merchant, K.A. and W.A. Van der Stede, Management Control Systems: Performance measurement, evaluation and incentives, Prentice Hall, Fourth Edition, 2017
* Academic articles

2nd year courses Finance & Accounting (EBC2007) and Management of organisations (EBC2008) or 2nd year courses Accounting II (EBC2002) and Managerial economics (EBC2023).
Intermediate level knowledge on the subject fields of Accounting, Organisational studies or Finance.