IN India Bachelor's Degree

Cost and Management Accounting

Costing, budgeting and variance analysis for decisions inside the business.

What the course covers

8 modules, 32 topics. Open any one to see what sits inside it.

1. 1.1 Financial accounting against management accounting
2. 1.2 What managers need that statutory accounts never show
3. 1.3 Cost objects, cost units and cost centres
4. 1.4 Classifying cost in a way that is actually useful
1. 2.1 Material, labour and overhead
2. 2.2 Absorption costing
3. 2.3 Overhead allocation and absorption rates
4. 2.4 Under- and over-absorption
1. 3.1 Job and batch costing
2. 3.2 Process costing and equivalent units
3. 3.3 Service costing
4. 3.4 Choosing a system that fits the operation
1. 4.1 Contribution and marginal cost
2. 4.2 Break-even and margin of safety
3. 4.3 Absorption profit against marginal profit
4. 4.4 Relevant cost for a one-off decision
1. 5.1 Make or buy
2. 5.2 Accepting or rejecting a special order
3. 5.3 Limiting factors and scarce resources
4. 5.4 Discontinuing a product or a division
1. 6.1 The budget cycle, and who owns it
2. 6.2 Functional budgets and the master budget
3. 6.3 Cash budgets
4. 6.4 Flexible budgets, and how budgets change behaviour
1. 7.1 Setting a standard cost
2. 7.2 Material and labour variances
3. 7.3 Overhead and sales variances
4. 7.4 Interpreting a variance without blaming a person
1. 8.1 Activity based costing
2. 8.2 Target costing and life cycle costing
3. 8.3 Performance measures beyond cost
4. 8.4 Reporting to managers who are not accountants

By the end of this course you will be able to explain and apply:

Two hours, not two months Eight short modules. Finish in a day, or do one module a night for a week.

Skills your degree does not cover Employers ask for practical tools alongside the qualification. This fills that gap while you study.

Built for a phone Watch on the bus, pause mid-module, pick up where you stopped. No download, no lab.

A certificate that can be checked Every certificate carries an ID your college or an employer can verify on our site.

About two hours in total — eight modules of roughly fifteen minutes. You can do it in one sitting or spread it across a week. Your place is saved either way.
No. There is no prerequisite course and no software to install. A phone, tablet or computer with an internet connection is enough.
Yes. This course is placed at Bachelor's Degree for India, and the content is written for that level. If you are at a different stage, change your level at the top of the page and the courses will change with it.
A certificate for the course, carrying an ID that your college or an employer can check on our verification page. You keep access to the material afterwards.
Yes — ₹450 for this course on its own, or ₹1,450 for all five in this set, which works out cheaper if you want more than one.
There is a short quiz at the end of each module so you can check what stuck. It is not timed and you can retake it.
Change your country using the picker at the top. Level names, degree names and prices all switch to that country, and the courses adjust to its education system.

Wording shown for India. Pick a different country at the top and the terms, currency and programme names change with it.