GRA 6259 Management Control Systems- RESIT EXAMINATION

GRA 6259 Management Control Systems- RESIT EXAMINATION

Course code: 
GRA 6259
Accounting, Auditing and Business Analytics
Course coordinator: 
Tor Tangenes
Product category: 
Master of Accounting and Auditing
2018 Autumn
Active status: 
Re-sit exam
Resit exam semesters: 
2017 Autumn
2018 Autumn
2019 Spring
Resit exam info

Last resit examination is spring 2019.

Teaching language: 
Course type: 
One semester

The field of management accounting and control has changed considerably during the last two decades, more influenced today than ever by theories and methods from the academic fields of strategy, management, and organizational behavior. The course content is limited to management control, and covers topics related to performance management, such as the balanced scorecard, beyond budgeting, forecasting and incentive mechanisms.

Learning outcomes - Knowledge

The students shall acquire knowledge about:

  • the main explanatory models of competitive advantage
  • the application of the balanced scorecard at a company group level, and how the goal hierarchy is used to co-ordinate and mobilize firm resources and organizational behaviour
  • how the balanced scorecard may be adjusted for public management and not-for-profit organizations
  • main categories and sources of dysfunctional objectives and measures
  • empirical studies of the relationship between the balanced scorecard and value creation
  • the main principles of management control, applied in beyond budgeting and in the traditional management control
  • how organizations function and value is created
  • how business forecasting is applied in management control
  • economic theory of motivation and compensation systems, including alternative theoretical approaches
  • selected empirical findings from the fields of motivation and compensation
Learning outcomes - Skills

The students shall acquire skills with respect to:

  • comparison of competing methods of management control - traditional budgeting, the balanced scorecard, and beyond budgeting - with respect to organizational context
  • discussing the validity of competing systems of management control
  • discussing the schools of strategic management to which the balanced scorecard is based
  • discussing the application of the balanced scorecard with repect to alternative schools of sttrategic management
  • discussiing the creation and destruction of value with respect to management control at the individual level
  • explaining the basic features of the framework Levers of Control, including the main groups of control systems
  • discussing the strengths, weaknesses, and the effectiveness of different compensation systems
Learning Outcome - Reflection


Course content
  1. Performance Management
    • From Financial Control to the Balanced Scorecard
    • The Balanced Scorecard at the Company Group Level
    • The Balanced Scorecard in Public Management and in Not-for-Profit Organizations
    • A Critical Glance at the Balanced Scorecard
    • Advanced Topics in Budgeting
    • Practical Implications of Beyond Budgeting
    • Beyond Budgeting in Practice
    • Levers of Control
    • Business Forecasting
  2.  Incentives and Organizational Behavior
    • Agency model
    • Incentive models
    • Behavioral Economics
Learning process and requirements to students

Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class that is not included on It's learning or text book.

Software tools
No specified computer-based tools are required.

All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have specific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Form of assessment:
Written submission
Exam code:
Grading scale:
Grading rules:
Examination when next scheduled course
100Yes3 Hour(s)
  • BI-approved exam calculator
  • Simple calculator
  • Bilingual dictionary
Individual Written examination under supervision.
Exam category:Submission
Form of assessment:Written submission
Grouping (size):Individual
Support materials:
  • BI-approved exam calculator
  • Simple calculator
  • Bilingual dictionary
Duration:3 Hour(s)
Comment:Written examination under supervision.
Exam code:GRA62591
Grading scale:ECTS
Resit:Examination when next scheduled course
Exam organisation: 
Ordinary examination
Total weight: 
Talis literature


Authors/Editors År Tittel Edition Publisher StudentNote
2013 Arbeidsbok til Økonomi- og virksomhetsstyring: strategistøtte ved prestasjonsstyring, ressursstyring og beslutningsstøtte 2. utg
Gjønnes, Svein H.; Tangenes, Tor 2014 Økonomi- og virksomhetsstyring: strategistøtte ved prestasjonsstyring, ressursstyring og beslutningsstøtte 2. utg Fagbokforl
Lazear, Edward P. c1995 Personnel economics MIT Press
Mintzberg, Henry; Lampel, Joseph; Ahlstrand, Bruce 2009 Strategy safari: the complete guide through the wilds of strategic management 2nd ed FT/Prentice Hall
Kaplan, Robert S.; Atkinson, Anthony A. c1998 Advanced management accounting 3rd ed Prentice Hall Kapittel 13 og 14
Authors/Editors År Tittel Edition Publisher StudentNote
Hope, Jeremy; Fraser, Robin 2003 Who Needs Budgets?
Jensen, Michael C.; Murphy, Kevin J. 1990 Performance Pay and Top-Management Incentives.
Kaplan, Robert S.; Norton, David P. 2007 Using the Balanced Scorecard as a Strategic Management System.
Rappaport, Alfred; Nodine, Thomas H. 1999 New Thinking on How to Link EXECUTIVE PAY WITH PERFORMANCE.
Authors/Editors År Tittel Edition Publisher StudentNote
Simons, Robert c1995 Levers of control: how managers use innovative control systems to drive strategic renewal Harvard Business School Press
Authors/Editors År Tittel Edition Publisher StudentNote
Gibbons, Robert 1998 Incentives in Organizations.
Lazear, Edward P. 2000 Performance Pay and Productivity.
BAKER, GEORGE P.; JENSEN, MICHAEL C.; MURPHY, KEVIN J. 1988 Compensation and Incentives: Practice vs. Theory

No importance set

No type set
Authors/Editors År Tittel Edition Publisher StudentNote

Notes to students:

I løpet av kurset kan det bli delt ut materiale på flere emner som er relevante for kurset og eksamen.