Warsaw, Poland

International Master Program in Management Accounting (practical profile)

Master's
Table of contents
studentka-tworzy-model-budzetu-na-laptopie

⇑International Master Program in Management Accounting (practical profile) at SGH

Language: EnglishStudies in English
Subject area: economy and administration
Kind of studies: full-time studies
University website: ssl-www.sgh.waw.pl/en

⇑Test: Is International Master Program in Management Accounting (practical profile) the right fit for you?

accounting-graduates-reviewing-printed-cost-charts

10 questions · two minutes

1. At work, you’re asked to prepare a department’s budget for the coming year. How do you go about it?

2. How would you say management accounting differs from financial accounting?

3. The board asks whether it’s worth continuing to make a product with a thin margin. What do you do?

4. Classes, case studies and projects are in English, in an international environment with people familiar with different reporting practices. How does that sound?

5. A practical-profile programme means a lot of work on realistic cases and company data. What do you think?

6. How do you get on with spreadsheets and finance systems?

7. Your analysis shows that one department regularly overspends its budget. How do you communicate this?

8. A manager with no finance background asks you to explain a report. How do you respond?

9. What role would you like to play in a company?

10. What motivates you most to pursue a Master’s degree in International Master Program in Management Accounting (practical profile)?

⇑Definitions and quotes

Accounting
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
International
International mostly means something (a company, language, or organization) involving more than a single country. The term international as a word means involvement of, interaction between or encompassing more than one nation, or generally beyond national boundaries. For example, international law, which is applied by more than one country and usually everywhere on Earth, and international language which is a language spoken by residents of more than one country.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Accounting
There are only two things as complicated as insurance accounting and I have no idea what they are.
Andrew Tobias Chapter 2, By Popular Demand: A very Short Chapter On Insurance Accounting, p. 26.
Management
It is better to first get the right people on the bus, the wrong people off the bus, and the right people in the right seats, and then figure out where to drive.
Jim C. Collins (2001). Good to Great: Why Some Companies Make the Leap...and Others Don't p. 41.
Accounting
Accounting reveals the state of the business. It is a kind of thermometer of its condition and its health. One must consult it continually. Every employee in the enterprise, from the lowest up to the Director, must know the results for that part of the service for which he is responsible.
Henri Fayol (1908). "L’exposee des principles generaux d’administration". Unpublished paper, translated by J.D Breeze. published in: Daniel A. Wren, Arthur G. Bedeian, John D. Breeze, (2002) "The foundations of Henri Fayol’s administrative theory", Management Decision, Vol. 40 Iss: 9, p. 910.
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