Performance Management and Decision-Making

6 June 2022 - 31 December 2024 г.
The course has already started
220 days
Before the end of the enrollment
  • English

    course language

  • 5 weeks

    course duration

  • от 5 до 6 часов в неделю

    needed to educate

  • 2 credit points

    for credit at your university

  • Cost 3 600 Р

    for studying

Dear learners, please note that only part of the materials is available for free viewing. All course materials will be available after certification payment.

The course is a must-have if you need to understand budgeting and costing. It gives you the introduction to the world of financial planning, decision-making, performance evaluation, and control of corporate performance delivery.


The course covers 5 topics:

  1. Generally used costing methods where we will talk about why and how costs are allocated to products
  2. Decision-making and relevant costs: covering the main principles of a financial case calculation that should support the business decisions
  3. Budgeting: why do companies need budgets and what’s the best way to prepare one
  4. Variance analysis topic will touch upon key variances that a business analyst should calculate in order to explain to company management, what happened in actuals versus plan
  5. Performance management will cover both the key financial indicators and the process that the organization should establish to drive achievement of its objectives


The course is taught completely online.


Level of English: B1

Course program

Module 1. Generally Used Costing Methods

Module 2. Decision-Making and Relevant Costs

Module 3. Budgeting

Module 4. Variance Analysis

Module 5. Performance Management

Education results

Upon completion of this course learners will achieve the following learning objectives:

1. Understand the core concepts of performance management and decision-making

2. Understand key approaches to financial planning

3. Learn how to apply various costing methods

4. Learn how to prepare budgeting

5. Learn how to apply variance analysis

Formed competencies

ОПК-1. Способен решать профессиональные задачи на основе знаний (на промежуточном уровне) экономической, организационной и управленческой теории;

ОПК-2. Способен осуществлять сбор, обработку и анализ данных, необходимых для решения поставленных управленческих задач, с использованием современного инструментария и интеллектуальных информационно-аналитических систем;

ОПК-4. Способен выявлять и оценивать новые рыночные возможности, разрабатывать бизнес-планы создания и развития новых направлений деятельности и организаций;

ОПК-5. Способен использовать при решении профессиональных задач современные информационные технологии и программные средства, включая управление крупными массивами данных и их интеллектуальный анализ.

Education directions

Отзывы о курсе

Palitsyna Elizaveta

Position: guest lecturer for Master in Corporate Finance programme, Graduate School of Management


It is possible to get a certificate for this course.

The cost of passing the procedures for assessing learning outcomes with personal identification - 3600 Р.

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