BADM 7060 Elements of Cost Management (3)

Prereq.: BADM 7030 . Open only to students in the MBA program. Understanding and applying cost management practices used in business today; development of costing and budgeting systems used for cost management; applications of analysis used in management decision making and control; cost-profit-volume analysis; analysis of variances between budgeted and actual cost; methods of evaluating responsibility centers based upon profitability measures.