Costing, MIS & Budgetary Control

  • Overview
  • Scope
  • Courses
  • Curriculum
  • Employers Council
  • Apply Now

Costing, MIS & Budgetary Control provides insights into a firm’s cost structure and revenue processes.

Budgeting is a business process in which executives set spending limits and cost thresholds for each business unit. Budgetary control helps corporate monitor revenue and expense levels and ensures that cash outflows (payments) and inflows (receipts) remain at adequate levels.

  • Costing, MIS & Budgetary Control Management to include its fundamentals, costing methods and analysis,
  • Budgets - Preparation, Statements, Variance Analysis, and Reports.

Every business requires professionals for ascertaining, recording and controlling cost.

This programme will enable you to successfully hold responsibility for determining and controlling cost, providing information for decision-making, ascertaining costing profit and facilitating preparation of financial and other statements.

Full Time Programmes

Post Graduate Level
Professional Programme in Business Management with specialisation in Finance

Undergraduate Level
(Integrated) Professional Programme in Business Management with specializations in Finance

Programmes for Working Professionals

Proficient Level Certificate in Finance
Specialist Level Certification in Finance - specialization in Costing, MIS & Budgetary Control
Abilities                   Content
Cost Accounting FundamentalsIntroduction to various elements of cost. Basics of Cost Accounting, Comparison between Cost Accounting and other branches of Accounting.
Cost ManagementIntroduction to Activity based costing, Application of Target Costing, Transfer Pricing, Application of Value Chain Analysis and Life cycle costing
Accounting aspect of costingPreparation of Cost Ledger, Preparation and importance of Reconciliation of cost and financial accounts, Integrated Accounts management.
Costing MethodsTechniques of Job and Batch Costing, contract costing, Techniques of Process Costing and Service Costing, preparation of Cost records, Costing for Joint and By- Products.
Cost Analysis and MISIntroduction to information system, Absorption and Marginal Costing, Cost Volume Profit analysis and Budgetary Control, Information System and management reporting, Standard Costing and Variance Analysis, Cost control and reduction.
Employer's Council Members
Mr. Amit Kumar GoelAsst Vice President, Citibank
Mr. Anand SankheCorporate Finance and Investment Banking, PricewaterhouseCoopers Pvt. Ltd.
Mr. Atul VarmaAdvisor, ARCIL
Mr. Behram SabawalaChief Finance Officer, UPBG & EPBG Division, Voltas Ltd.
Mr. G. ShivkumarHead Financial Controlling, ACC Ltd.
Mr. Ganesh GanapathyCFO Global, Essel Propack
Mr. Gaurang ShahManaging Director, Kotak Mahindra Old Mutual Life Insurance Ltd.
Mr. Manek KalyaniwalaExecutive Vice President(Finance) and CFO, Blue Star Ltd.
Mr. Milan GanatraAsst Vice President, Citibank
Mr. Mohit AgarwalFinance Manager(West), ITC Ltd.
Mr. Moni Rajput Cluster Head, Barclays Finance
Mr. Mukul GulatiManaging Director, Zephyr Peacock
Mr. Pradeep GaitondeSenior General Manager, Corporate Finance, Tata Consultancy Services Ltd.
Mr. R.GovindanGeneral Manager, Corporate Finance, Larsen & Tourbro Ltd.
Mr. S. KrishnanChief Finance Officer, Siemens Ltd.
Mr. S.RanganathanHead Research, LKP Securities Ltd.
Mr. Sandeep BatraDirector, Finance, Pidilite Industries
Mr. Sankalp MishraVice President IndiaBulls
Mr. Vivek GuptaPartner, BMR & Associates
Mr. P.K. ShrivastavBusiness Head (BOP) KEC RPG Group
Mr. Siva Rama KrishnanExecutive Director - PWC
Mr. Deeptan ChakravortyHead Investment Advisory Services, Standard Chartered
Mr. Vishal DixitVice President, Zypher