| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| UIT408 | COST MANAGEMENT | 5 | 3 | 3 | 5 |
Objectives and Contents |
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|---|---|
| Objectives: | 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. |
| Content: | 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. |