Executive Diploma in Cost & Management Accounting for Engineers

About the Course:

In modern competitive business environment, suitable business decision making is very crucial. All professionals irrespective of their domain expertise need to understand the commercial aspects of the business, to contribute effectively and efficiently to the strategic business decision making.
Engineers being the frontline technocrats, are a part of the team for taking various commercial decisions in the interest of the organization, which requires adequate expertise to understand the various facets of Cost, Finance, Taxation, Business Laws and other such aspects.
This course has been specifically designed for Engineers to synergize their domain expertise with the commercial link in a most practical oriented manner.

Engineering Graduates of any discipline
Front line Technocrats
Decision makers in the Shop Floor
Engineers working on Commercial propositions like Bidding and Evaluations, Maintenance, Quality Engineering, Cost Engineering, etc.
Those who are interested to have competitive advantage in their Engineering career by acquiring basic knowledge of cost & management accountancy, finance and corporate laws.

The curriculum aims to make the participants:

Understand and make use of the framework of costing in various managerial decisions
Determination of products and services cost
Understand the framework of accounting systems and financial reporting
Understand the fundamentals of contracts, agreements relevant for business decisions
To gain working knowledge on indirect taxes and application of the same in the industry
To get an insight into treasury management, understand risk, their mitigation and management
Understand the essentials of project management

Engineering Graduates of any discipline (BE, B.Tech) with an average minimum marks of 60 %
Working Experience will be added advantage.