MSc in Economics and Business Administration - Management Accounting and Control Program By Aarhus University |Top Universities
Subject Ranking

# 201-250QS Subject Rankings

Program Duration

24 monthsProgram duration

Tuitionfee

10,000 EURTuition Fee/year

Scholarship

YesScholarships

Program overview

Main Subject

Business and Management Studies

Degree

MSc

Study Level

Masters

Study Mode

On Campus

Management Accounting – also known as Management Control – is a fundamental aspect of business administration. Management Accounting is the primary language of business, and it creates the foundation for discussions of a company’s financial performance, as well as the non-financial dimensions of performance. Hence, Management Accounting is the sweet spot where numbers and data meet management and decisions. 


Working with measurement and evaluation systems, the provision of incentives and adjustments of behaviour hold the potential for controlling cost and performance at all levels within an organisation, and thereby ensure value creation. You will be able to create transparency and financially sound solutions for a company by developing and analysing performance, cost and profitability. This skillset allows you to identify and solve potential strategic and operational problems in companies/organisations (private and publicly traded companies, governmental organisations, municipalities, hospitals, etc.) To deal with these problems, you will learn how to design and implement incentive, budgeting, and performance management systems to coordinate and motivate departments, teams or individuals to change their behaviour and correct the situation. 


To complement these analytical skills, you will also be introduced to ERP systems (SAP) and other IT software, e.g., business intelligence in Power BI. 


The MAC programme has a strong tradition of collaborating with companies, as companies have a very high demand for the skillset learned by students on the MAC programme. The MAC programme has more than 10 partner companies that include top consulting firms, manufacturers, retailers etc. These partnerships involve guest lectures, social events, awards, and other interesting activities. We also collaborate closely with companies on internships, theses, project work, etc. Therefore, our programmes are based on a theoretical foundation in combination with practical, real-world problems and solutions. 



SOCIAL AND ACADEMIC ACTIVITIES

Aarhus BSS hosts a rich and varied programme of activities for you as a student, both study-related and social. Our many student associations host events ranging from lectures and company events to career days and sports days, Friday bars, and celebrations, so there is plenty of scope for meeting and networking with like- minded people, discovering new areas of academic interest, and socialising with fellow students.


CAREERS

Graduates from the Management Accounting and Control programme are qualified for a variety of different types of job. Many have found jobs as controllers across a range of different organisations, and some have become business consultants. Our graduates have taken up jobs both in Denmark and abroad, and their attractive skill set allows them to climb their chosen career ladder rapidly.


AARHUS BSS

Aarhus BSS (School of Business and Social Sciences) is one of the five faculties at Aarhus University. Aarhus BSS ranks among the largest business schools in Europe, encompassing both traditional business and social science disciplines in its broad academic portfolio. Aarhus BSS holds the distinguished AACSB, AMBA and EQUIS accreditations and is thus a Triple Crown School.

 

LEARNING IN AN INTERNATIONAL CONTEXT

At Aarhus BSS, we conduct research and teaching at the highest academic level. We provide our students with the exact knowledge, skills and experience that are essential for engaging in professional business activities in a global marketplace.


Our broad portfolio enables us to attract researchers, lecturers and students from all over the world. With their help, we have built an international environment that promotes the exchange of different academic and cultural views and fosters new experiences and friendships.


We encourage our students to take a semester abroad at one of the school’s approximately three hundred partner universities around the world. Studying abroad is an excellent opportunity to expand your horizons academically, culturally and personally. It is also a great opportunity for you to acquire valuable international experience and qualifications that are in high demand in companies and organisations everywhere.

Program overview

Main Subject

Business and Management Studies

Degree

MSc

Study Level

Masters

Study Mode

On Campus

Management Accounting – also known as Management Control – is a fundamental aspect of business administration. Management Accounting is the primary language of business, and it creates the foundation for discussions of a company’s financial performance, as well as the non-financial dimensions of performance. Hence, Management Accounting is the sweet spot where numbers and data meet management and decisions. 


Working with measurement and evaluation systems, the provision of incentives and adjustments of behaviour hold the potential for controlling cost and performance at all levels within an organisation, and thereby ensure value creation. You will be able to create transparency and financially sound solutions for a company by developing and analysing performance, cost and profitability. This skillset allows you to identify and solve potential strategic and operational problems in companies/organisations (private and publicly traded companies, governmental organisations, municipalities, hospitals, etc.) To deal with these problems, you will learn how to design and implement incentive, budgeting, and performance management systems to coordinate and motivate departments, teams or individuals to change their behaviour and correct the situation. 


To complement these analytical skills, you will also be introduced to ERP systems (SAP) and other IT software, e.g., business intelligence in Power BI. 


The MAC programme has a strong tradition of collaborating with companies, as companies have a very high demand for the skillset learned by students on the MAC programme. The MAC programme has more than 10 partner companies that include top consulting firms, manufacturers, retailers etc. These partnerships involve guest lectures, social events, awards, and other interesting activities. We also collaborate closely with companies on internships, theses, project work, etc. Therefore, our programmes are based on a theoretical foundation in combination with practical, real-world problems and solutions. 



SOCIAL AND ACADEMIC ACTIVITIES

Aarhus BSS hosts a rich and varied programme of activities for you as a student, both study-related and social. Our many student associations host events ranging from lectures and company events to career days and sports days, Friday bars, and celebrations, so there is plenty of scope for meeting and networking with like- minded people, discovering new areas of academic interest, and socialising with fellow students.


CAREERS

Graduates from the Management Accounting and Control programme are qualified for a variety of different types of job. Many have found jobs as controllers across a range of different organisations, and some have become business consultants. Our graduates have taken up jobs both in Denmark and abroad, and their attractive skill set allows them to climb their chosen career ladder rapidly.


AARHUS BSS

Aarhus BSS (School of Business and Social Sciences) is one of the five faculties at Aarhus University. Aarhus BSS ranks among the largest business schools in Europe, encompassing both traditional business and social science disciplines in its broad academic portfolio. Aarhus BSS holds the distinguished AACSB, AMBA and EQUIS accreditations and is thus a Triple Crown School.

 

LEARNING IN AN INTERNATIONAL CONTEXT

At Aarhus BSS, we conduct research and teaching at the highest academic level. We provide our students with the exact knowledge, skills and experience that are essential for engaging in professional business activities in a global marketplace.


Our broad portfolio enables us to attract researchers, lecturers and students from all over the world. With their help, we have built an international environment that promotes the exchange of different academic and cultural views and fosters new experiences and friendships.


We encourage our students to take a semester abroad at one of the school’s approximately three hundred partner universities around the world. Studying abroad is an excellent opportunity to expand your horizons academically, culturally and personally. It is also a great opportunity for you to acquire valuable international experience and qualifications that are in high demand in companies and organisations everywhere.

Admission requirements

Undergraduate

180+
6.5+
83+
In general, admission to a Master’s degree programme requires successful completion of a relevant and recognised university degree equivalent to a Danish Bachelor’s degree in level and length. In addition, you must meet the specific requirements for the individual programme, including language requirements.
2 Years
Aug
Sep

Tuition fee and scholarships

Domestic Students

0 EUR
-

International Students

10,000 EUR
-

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
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Where to look for scholarship opportunities

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A list of available scholarships around the world

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More programs from the university

Aarhus University provides the following English-language Bachelor’s degree programs (please find direct links under Programs):

  • Cognitive Science
  • Economics and Business Administration


Tuition is free for EU, EEA and Swiss citizens. For other students, tuition fees are set annually and can be found on the Aarhus University website.

Over ten percent of Aarhus’ student body is international, representing 100 different nationalities. For these international students, the International Centre offers an orientation programme as well as support and guidance during their time at the university.

Aarhus University provides English-language postgraduate programmess in the following subject areas (please find a list of all English-taught postgraduate degree programmes under Programs):

  • Media, Communication and Information
  • Social Sciences, Politics and Economics
  • Finance, Business and Management
  • Global Management and Manufacturing
  • Biology, Chemistry and Nature
  • Physics, Mathematics and Nanotechnology
  • Language, Culture and History
  • Education, Psychology and Teaching
  • IT, Electronics and Programming
  • Technical Science, Construction and Development


All PhD programs are taught in English.

Aarhus University was ranked 107th in the QS World University Rankings 2015/16. In the 2015 edition of the QS World University Rankings by Subject, Aarhus University was ranked 23rd for dentistry and 60th for life sciences and medicine. Aarhus University’s School of Business and Social Sciences (BSS) is accredited by AACSB, AMBA and EQUIS, making it a triple crown accredited business school.

All of the professors at Aarhus University are active researchers. As a result, all of the university’s programs are reviewed on a regular basis in order to ensure that they meet the highest national and world standards.

Over half of Aarhus University’s 40,000 students study at the Master’s or PhD level. Over ten percent of the student body is international, representing 100 different nationalities. Aarhus’ international students have access to an International Centre which offers an orientation programme as well as support and guidance during their time at the university. Danes were recently ranked as the best non-native English speakers in the world, so it is easy for international students to get along in Denmark even if they don’t speak Danish.

Tuition is free for EU, EEA and Swiss citizens. For other students, tuition fees are set annually and can be on the Aarhus University website.

All international Masters students and graduates are given access to career counselling services and a free job bank. The green card residence permit which allows students to complete a higher education programme in Denmark allows students to stay in Denmark for six months after graduation so they have time to look for work.

 

MSc in Economics

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