ELE 3794 Digital Mangement Control

ELE 3794 Digital Mangement Control

Course code: 
ELE 3794
Department: 
Accounting and Operations Management
Credits: 
7.5
Course coordinator: 
Per Ståle Knardal
Roy-Ivar Andreassen
Course name in Norwegian: 
Digital økonomistyring
Product category: 
Bachelor
Portfolio: 
Bachelor - Electives
Semester: 
2026 Spring
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

In an era where digital technologies and platforms increasingly shape how organizations conduct their core activities, it is crucial to understand how these technologies impact financial management processes. The subject of Digital Financial Management provides an introduction to how digital solutions and data can be utilized to enhance decision-making, optimize resource allocation, and strengthen competitive advantages. Through a combination of theory, case studies, and practical exercises, students will gain insight into how modern businesses can integrate digital tools into their financial management systems—from budgeting and cost control to risk management, performance measurement, and strategic decision-making.

The course addresses how digital transformation opens up new business models, more efficient processes, and better utilization of data and analytical tools. Students will explore how various technologies can be employed to improve financial reporting and forecasting while learning to manage challenges related to privacy, security, and ethical use of data. Through lectures, group work, and practical exercises, participants will develop a deeper understanding of how contemporary financial management systems can be designed and implemented in a manner that supports long-term value creation and contributes to the achievement of organizational goals.

By completing this course, students will not only gain theoretical knowledge of key principles in digital financial management but also build practical skills to analyze, design, and utilize digital financial management systems. The goal is to equip future leaders, financial executives, and consultants with the competencies to make better, faster, and more data-driven decisions in a dynamic, digital business environment.

Learning outcomes - Knowledge

The candidate will:

  • have broad knowledge of key characteristics of digital organizations and digital business models.
  • be familiar with how digital technologies impact governance systems and organizational practices.
  • possess insights into risk management and value creation in a digital context, with particular focus on challenges and opportunities.
Learning outcomes - Skills

The candidate will:

  • critically assess how digital technologies affect existing governance systems and propose areas for improvement.
  • develop effective governance mechanisms that are tailored to digital organizations.
  • apply theoretical concepts and models to analyze and solve practical case studies within financial management in digital contexts.
General Competence

The candidate will…

  • critically reflect on the governance practices and business models of digital organizations.
  • have insights into digital governance systems and risk management.
  • demonstrate the ability to develop and apply digital governance mechanisms that balance value creation, risk management, and sustainable solutions.
Course content

The course covers the following topics:

  • Digital organizations and business models.
  • The impact of digital technologies on governance systems.
  • Risk management and value creation in a digital context.
  • Planning systems and goal setting in digital organizations.
  • Performance measurement and evaluation in digital environments.
  • Budgeting and resource allocation using digital tools.
  • Ethical considerations in digital governance.
Teaching and learning activities

The course is conducted 100% online and will primarily consist of asynchronous learning activities. Various learning activities are designed to support students' understanding and application of the course content. The course is structured to provide students with a flexible learning experience.

Learning activities will be conducted at the student's own pace within the established deadlines. Active participation in all activities is recommended to maximize learning outcomes. The course combines individual learning with opportunities for collaboration and guidance, allowing students to develop skills and knowledge in an effective and motivating manner.

Before the teaching sessions, students will prepare through course literature and pre-recorded videos that introduce key themes. Throughout the course, students will participate in webinars that include presentations of subject matter and theoretical discussions. After the teaching sessions, students will continue working on assignments, reflection activities, and self-tests that support continuous learning.

Software tools
Software defined under the section "Teaching and learning activities".
Qualifications

Higher Education Entrance Qualification

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

The course requires prior knowledge of EXC 3430 Fundamentals of Accounting and Finance or equivalent.

Assessments
Assessments
Exam category: 
School Exam
Form of assessment: 
Written School Exam - digital
Exam/hand-in semester: 
First Semester
Weight: 
100
Grouping: 
Individual
Support materials: 
  • BI-approved exam calculator
  • Simple calculator
Duration: 
4 Hour(s)
Exam code: 
ELE 37941
Grading scale: 
ECTS
Resit: 
Examination when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
100
Student workload
ActivityDurationComment
Webinar
8 Hour(s)
Digital lectures
Digital resources
  • Interactive video
4 Hour(s)
Feedback activities and counselling
8 Hour(s)
Digital office hours
Prepare for teaching
40 Hour(s)
Student's own work with learning resources
110 Hour(s)
Examination
30 Hour(s)
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.

Reading list