Skip to main content
Institute of Advanced Technological and Commercial Studies

Skills

Management control, budgeting and cost-based steering

Management control links strategy and the shop floor through figures: unit cost, budget, variances, action plan. It is the function that lets a leadership team know, every month, where the money went and what it produced.

Knowing what each thing costs

A company that knows its unit cost decides differently: it knows which product carries the margin, which customer consumes it and which workshop builds it. Management control establishes that figure, then puts it under tension through budgeting and variance analysis. The skill is as much about explaining as computing: a variance becomes useful the day the operational manager understands what produced it and what they can do about it next month.

  • Establish a full unit cost and allocate it by product or by customer
  • Build an annual budget and break it down by department
  • Analyse a variance between plan and actual, and name its cause
  • Run a monthly performance review with operational managers

The blocks that build it

The skill is built block after block, in the order of the years. You see here exactly where it is taught, and for how many taught hours.

Teaching blockProgrammeTaught hoursYear
Management controlBusiness Management programme — Bac+3 level260 hYear 3
Advanced management controlFinance and Accounting programme — Bac+5 level120 hYear 1
Steering and indicatorsBusiness Intelligence and Steering160 hYear 2
Corporate strategyBusiness Management programme — Bac+3 level220 hYear 3

The frameworks that carry it

The framework lists the blocks to be validated. This skill appears there as a professional requirement.

Professional qualificationTarget occupationLevelTaught volume
Finance and Administration Managerfinance manager of an SME or subsidiary6 · Manager and professional800 h
Chief Financial OfficerCFO7 · Expert and executive700 h
Business Unit Managerbranch manager, profit centre manager6 · Manager and professional800 h

The volume behind the skill

You run a company's full budget cycle and lead the performance review that follows from it. These hours are taught: live sessions, workshops, output reviews and assessments.

teaching blocks
4

Catalogue rule: one credit is twenty-five hours of work, ten of them taught.

of taught instruction
760 h
credits in total
76
professional qualifications concerned
3
Business Management programme — Bac+3 level
480 (63 %)
Finance and Accounting programme — Bac+5 level
120 (16 %)
Business Intelligence and Steering
160 (21 %)
Total: 760 taught hours

Your routes in

Each row leads to the full programme page: objectives, admission, blocks and calendar.

ProgrammeLevelDurationFees
Business Management programme — Bac+3 levelBachelor's degree3 years4 800 000 GNF per year
Finance and Accounting programme — Bac+5 levelMaster's degree2 years6 800 000 GNF per year
Business Intelligence and SteeringBachelor's degree2 years5 000 000 GNF per year
Management control, budgeting and cost-based steering — Skills | IHETC — IHETC