The figure of the upright, inflexible and authoritarian manager has become obsolete. A new profile has emerged, one that is much more in line with new trends and stands out for being technologically savvy, practising active listening and being self-critical of their work"

Why Study at TECH?

TECH is the world's largest 100% online business school. It is an elite business school, with a model based on the highest academic standards. A world-class centre for intensive managerial skills training.   

TECH is a university at the forefront of technology, and puts all its resources at the student's disposal to help them achieve entrepreneurial success"

At TECH Global University

Innovation

The university offers an online learning model that combines the latest educational technology with the most rigorous teaching methods. A unique method with the highest international recognition that will provide students with the keys to develop in a rapidly-evolving world, where innovation must be every entrepreneur’s focus.

Microsoft Europe Success Story", for integrating the innovative, interactive multi-video system.  

The Highest Standards

Admissions criteria at TECH are not economic. Students don't need to make a large investment to study at this university. However, in order to obtain a qualification from TECH, the student's intelligence and ability will be tested to their limits. The institution's academic standards are exceptionally high...  

95% of TECH students successfully complete their studies.

Networking

Professionals from countries all over the world attend TECH, allowing students to establish a large network of contacts that may prove useful to them in the future.  

100,000+ executives trained each year, 200+ different nationalities.

Empowerment

Students will grow hand in hand with the best companies and highly regarded and influential professionals. TECH has developed strategic partnerships and a valuable network of contacts with major economic players in 7 continents.  

500+ collaborative agreements with leading companies.

Talent

This program is a unique initiative to allow students to showcase their talent in the business world. An opportunity that will allow them to voice their concerns and share their business vision. 

After completing this program, TECH helps students show the world their talent. 

Multicultural Context

While studying at TECH, students will enjoy a unique experience. Study in a multicultural context. In a program with a global vision, through which students can learn about the operating methods in different parts of the world, and gather the latest information that best adapts to their business idea. 

TECH students represent more than 200 different nationalities.   

Learn with the best

In the classroom, TECH teaching staff discuss how they have achieved success in their companies, working in a real, lively, and dynamic context. Teachers who are fully committed to offering a quality specialization that will allow students to advance in their career and stand out in the business world. 

Teachers representing 20 different nationalities. 

TECH strives for excellence and, to this end, boasts a series of characteristics that make this university unique:   

Analysis

TECH explores the student’s critical side, their ability to question things, their problem-solving skills, as well as their interpersonal skills.  

Academic Excellence

TECH offers students the best online learning methodology. The university combines the Relearning method (a postgraduate learning methodology with the highest international rating) with the Case Study. A complex balance between tradition and state-of-the-art, within the context of the most demanding academic itinerary.  

TECH is the world’s largest online university. It currently boasts a portfolio of more than 10,000 university postgraduate programs. And in today's new economy, volume + technology = a ground-breaking price. This way, TECH ensures that studying is not as expensive for students as it would be at another university.  

At TECH, you will have access to the most rigorous and up-to-date case studies in the academic community”

The Postgraduate certificate in Decision-Making Under Variable Costs is a tailor-made program that is delivered in a 100% online format. In this way, the students will be able to choose the time and place that best suits their availability, schedule and interests, thereby achieving a more effective learning process.

A 6-week program that is intended to be a unique and stimulating experience that will lay the foundation for your success as an accounting manager. 

What you study is very important. The abilities and skills you acquire are fundamental. You won't find a more complete syllabus than this one, believe us..." 

Syllabus

The Postgraduate certificate in Decision-Making Under Variable Costs of TECH Global University is an intensive program that prepares the professional to face challenges and business decisions at the accounting level, both nationally and internationally. Its main objective is to promote your personal and professional growth, helping you to achieve career success. 

If you want to improve yourself, make a positive change professionally and network with the best, this is the place for you.  

The content of the Postgraduate certificate in Decision-Making Under Variable Costs is designed to promote the development of managerial competencies that allow for more rigorous decision making in uncertain environments. 

Throughout 150 hours of education, the student will analyze a multitude of practical cases through individual practice and teamwork. It is, therefore, an authentic immersion in real business situations.  

This Postgraduate certificate focuses on all areas of the company and is designed to prepare managers who understand accounting management from a strategic, international and innovative perspective. 

A plan designed for students, focused on their professional improvement and that prepares them to achieve excellence in the field of business management and administration. A program that understands your needs and those of your company through innovative content based on the latest trends, and supported by the best educational methodology and an exceptional faculty, which will provide you with the competencies to solve critical situations in a creative and efficient way.    

This Postgraduate certificate is developed over 6 weeks and is divided into 1 module: 

Module 1. Management Accounting in Decision-Making

A unique, key, and decisive educational experience to boost your professional development and make the definitive leap"

Where, When and How is it Taught?

TECH offers the possibility of developing this Postgraduate certificate in Decision-Making Under Variable Costs completely online. Over the course of 6 weeks, you will be able to access all the contents of this program at any time, allowing you to self-manage your study time.

Module 1. Management Accounting in Decision-Making

1.1. Conceptual Foundations

1.1.1. Analytical Accounting: Concept, Evolution and Field of Study
1.1.2. Analytical Accounting: Objectives and Users
1.1.3. Relations and Differences between Cost Accounting and Financial Accounting

1.2. Cost: Basic Concepts

1.2.1. The Concept of Cost and Its Constituent Elements
1.2.2. Relativity of Cost Figures
1.2.3. Accounting Itinerary of Costs: The Cost-Assets-Profitability Connection
1.2.4. The Concept of Expense and its Relation to the Cost

1.3. Basic Cost Accumulation Models and Results

1.3.1. Cost Accounting Flow: Component Identification, Accrual, Classification and Location
1.3.2. Activity Analysis as the Basis for Generating Costs
1.3.3. Cost-Activity-Production Connection The Problem of Indirect Costs
1.3.4. Structure of the Basic Accrual Model: Analysis by Functions
1.3.5. Concept and Objectives of the Classification of Costs by Functions

1.3.5.1. Main Functions that Comprise the Company's Operations and Criteria to Define and Allocate Costs
1.3.5.2. Cost Allocation at Full Industrial Cost

1.3.6. Functional Income Statement: Concept and Structure

1.4. Warehouse Valuation

1.4.1. Inventories
1.4.2. Valuation Methods

1.5. Ongoing and Lost Production

1.5.1. Valuation of Work-in-Process Stocks
1.5.2. Valuation of Opening Stocks of Work in Progress
1.5.3. Valuation of Lost Production

1.6. Multiphase Production System

1.6.1. Introduction
1.6.2. Semi-Finished Products
1.6.3. Multiphase Production Models
1.6.4. Multiphase Serial Production
1.6.5. Parallel Multiphase Production

1.7. Variable Cost Model

1.7.1. Conceptual Foundations
1.7.2. Cost Accruals and Income Statement Structure
1.7.3. Contribution Margin as Profitability Analysis and Decision-Making Tool
1.7.4. Cost Localization and Analysis by Plant within the Variable Cost Model Framework
1.7.5. Direct Costing and Cost-Volume-Profit Analysis: Basic Model for Cost-Volume-Profit Analysis
1.7.6. Determining the Breakeven Point
1.7.7. Variable Cost Model Limitations

1.8. Decision Making under Variable Costs

1.8.1. Activity and Capacity, Basic Concepts in Management Analyze and Control
1.8.2. Cost Behavior and Variations in Activity Levels: Fixed and Variable Costs
1.8.3. Applying Direct Costing to Pricing and Product Decisions
1.8.4. Installed Capacity Utilization as a Conditioning Framework for Business Decisions: Decision Criteria in Low Occupancy and Full Occupancy Situations
1.8.5. Decisions on Manufacturing, Outsourcing or Purchasing
1.8.6. Decisions on Whether to Continue Processing the Product or Sell it at a Lower Level of Processing
1.8.7. Decisions on Acceptance or Rejection of Special Orders

1.9. Standard Cost Model

1.9.1. Deviations

1.9.1.1. Direct Cost Variances
1.9.1.2. Indirect Cost Variances

1.10. Cost Model based on Rational Allocation

1.10.1. Installed Capacity Utilization as an Efficiency Factor: Capacity Utilization and Idle Capacity: Impact on Costs
1.10.2. Under-Activity Costs
1.10.3. Rational Allocation Method for Cost Allocation

1.10.3.1. Conceptual Foundations
1.10.3.2. Cost Allocation
1.10.3.3. Income Statement Structure

1.10.4. Analysis and Management Control Method Contributions

A unique, key, and decisive educational experience to boost your professional development and make the definitive leap”