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The controlling function inside an organisation is vital for turning a static organisation into a dynamic and learning organisation. As such the role of controlling is to consult on how to improve performance. The module includes the role of a controller as well as its effects/benefits for the organisation.
The balanced scorecard approach is used as the model to explore the tasks of financial control and performance measurement in other areas. Last, but not least the module includes governance and ethical considerations.
The Control Function of Management
In the first part of the module the controlling function within an organisation is clarified along with its tasks and responsibilities.
Management control alternatives and their effects
In the second part of this module a resource based view is applied when looking on how control is applied (result vs process control) as well as on whom (action, personnel, culture). Thereby the pros and cons for each alternative are going to be discussed.
Financial results control systems
The structure on financial results control systems are reviewed in a controlling context with the objective to define financial responsibility centers. Based on those centers the planning and budgeting aspect is being considered.
Ethics and situational influences
In this part of the module the trainees examine the impact of control related roles and ethics as well as situational influences. Thereby the organizational context of the controlling function is discussed while focusing on the perceived corporate governance responsibility of leaders in the industry. Management related ethical issues and analysis are also reflected on in the module.
|Location||MODUL University Dubai Campus
4th Floor, ONE JLT, Jumeirah Lakes Towers
|Tuition Fees||AED 4,735 equivalent to USD 1,290|
|Certificate of Achievement||issued by MODUL University Dubai
and the world's leading MODUL Tourism
College of the Vienna Chamber of Commerce
|Eligibility Criteria||Fluent in English language
Contact our advisors for a complete list of requirements
Established in Vienna in 1908, the MODUL brand has over 100 years of legacy in hospitality and tourism education. MODUL University Dubai is the only Austrian university in the Middle East offering 360-degree education with tourism and hospitality as its core offering, at its state-of-the-art campus located in ONE JLT, Dubai.
MODUL University Dubai offers higher education degrees in business, tourism, hospitality, sustainability, public governance and new media technologies as well as foundation and professional vocational training courses.