Postgraduate Certificate in Advanced Cost Management Simulation

• Advanced Cost Accounting: This unit covers the advanced concepts and techniques of cost accounting, including activity-based costing, lifecycle costing, and target costing.
• Cost Estimation and Budgeting: This unit focuses on the principles and practices of cost estimation and budgeting for complex projects, including the use of statistical methods and software tools.
• Cost Management Simulation: This unit introduces students to the use of simulation models for cost management, including the development and testing of what-if scenarios and sensitivity analysis.
• Activity-Based Costing and Management: This unit explores the application of activity-based costing and management in various industries, including manufacturing, healthcare, and service sectors.
• Cost of Quality and Six Sigma: This unit covers the concepts and techniques of cost of quality and Six Sigma, including the identification and control of defects and variations in processes.
• Lean Accounting and Management: This unit examines the principles and practices of lean accounting and management, including the integration of financial and operational metrics for continuous improvement.
• Performance Measurement and Incentive Systems: This unit discusses the design and implementation of performance measurement and incentive systems for cost management, including the use of balanced scorecards and gainsharing plans.
• Cost Management in Mergers and Acquisitions: This unit analyzes the role of cost management in mergers and acquisitions, including the identification and quantification of synergies and cost savings.
• Supply Chain Cost Management: This unit explores the concepts and tools of supply chain cost management, including the optimization of logistics and distribution networks and the management of total cost of ownership.