COST MANAGEMENT PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UIT408	COST MANAGEMENT	5	3	3	5

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course :	Elective
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Assist.Prof. DİDEM TETİK KÜÇÜKELÇİ
Instructor(s) of the Course Unit
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	In this course, students will be able to understand the cost management process and gain the ability to make cost management in business life. At the end of the course, students will be able to explain how cost management is done in a business.
Contents of the Course Unit:	Contents of the course include; Cost Management, Cost Behaviors and Estimation Methods, Cost - Volume - Profit Analysis, Budgeting as Cost Management Tool, Cost Control and Deviation Analysis through Standard Costs, Measurement of Success of Investment Centers and Transfer Pricing, Use of Costs in Decision Making and Pricing Decisions, Strategic Cost Management.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Classify cost behavior and costs (Bloom 4).
Explain cost estimation methods (Bloom 2).
Analyze Cost Volume Profit level. (Bloom 4).
Explain budget preparation process and budgets. (Bloom 2)
Calculate cost control, standard costs and deviations. (Blooms 3)
Use methods of achievement measurement and transfer pricing. (Bloom 3)
Use costs in pricing decisions. (Bloom 3)
Explain strategic cost management. (Bloom 2)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Creating the first impression in the student, preparing the presentation about the course content and methods	Introduction to Cost Management	LECTURE, PRESENTATION, SAMPLEMENT
2	Literature research and course preparation	Cost Behaviors and Estimation Methods	LECTURE, PRESENTATION, SAMPLEMENT
3	Literature research and course preparation	Cost- Volume- Profit Analysis	LECTURE, PRESENTATION, SAMPLEMENT
4	Literature research and course preparation	Cost- Volume- Profit Analysis	LECTURE, PRESENTATION, SAMPLEMENT
5	Literature research and course preparation	Budgets as a Cost Management Tool	LECTURE, PRESENTATION, SAMPLEMENT
6	Literature research and course preparation	Budgets as a Cost Management Tool	LECTURE, PRESENTATION, SAMPLEMENT
7	Literature research and course preparation	Cost Control and Standard Costs	LECTURE, PRESENTATION, SAMPLEMENT
8	-	MID-TERM EXAM	-
9	Literature research and course preparation	Deviation Analysis	LECTURE, PRESENTATION, SAMPLEMENT
10	Literature research and course preparation	Measurement of Success of Investment Centers and Transfer Pricing	LECTURE, PRESENTATION, SAMPLEMENT
11	Literature research and course preparation	Measurement of Success of Investment Centers and Transfer Pricing	LECTURE, PRESENTATION, SAMPLEMENT
12	Literature research and course preparation	Using Valid Costs in Decision Making Process and Pricing Decisions	LECTURE, PRESENTATION, SAMPLEMENT
13	Literature research and course preparation	Using Valid Costs in Decision Making Process and Pricing Decisions	LECTURE, PRESENTATION, SAMPLEMENT
14	Literature research and course preparation	Strategic Cost Management	LECTURE, PRESENTATION, SAMPLEMENT
15	Literature research and course preparation	Strategic Cost Management	LECTURE, PRESENTATION, SAMPLEMENT
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Gürdal, K. (2007), Maliyet Yönetiminde Güncel Yaklaşımlar, Ankara: Siyasal Kitabevi
Çaldağ, Y. (2015), Maliyet Yönetim Muhasebesi Uygulamaları, Ankara: Gazi Kitabevi
Basık, F.O., Rekabet Stratejisinde Maliyet Yönetimi, Türkmen Kitabevi
Wouters, M., Hilton, M.W., Selto, F. (2012), Cost Management: Strategies for Business Decisions, McGraw Hill Press

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define concepts such as management, manager and leader.
2	Analyze the accuracy, reliability and validity of the new information obtained from the data.

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Report the obtained data.
2	Prepare software and projects related with the field.

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use the appropriate resources for data analysis related with the field.
2	Analyze the work processes.

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Manage projects as part of a team.
2	Apply the material, techniques and analyzes in relation with the subject for project and work flows.

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Fulfill responsibility with a focus on result in individual and team studies.

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Recognizes what he/she knows about his/her field or not.
2	Act the theoretical knowledge in real life with learning to learn approach.
3	Apply different methods and techniques with an innovative approach in his/her research.

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Apply the results obtained in accordance with voluntarism and social responsibility projects.
2	Establish a healthy contact with colleagues
3	Share the analyzes and obtained results with colleagues.
4	Cooperate with colleagues at international level with the help of foreign language competency.

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Behave in accordance with ethical values regarding the collection, analysis and reporting of data.
2	Participate the design of work processes and systems with full quality.
3	Cooperate with other employees for the continuation of sustainability in the profession.

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	14	2	28
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	7	5	35
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	5	4	20
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	42	0	127