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IGNOU MS-43 Code Details
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University
IGNOU (Indira Gandhi National Open University)
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Title
Management Control Systems
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Language(s)
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Code
MS-43
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Subject
Financial Management
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Degree(s)
MBA (MS)
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Course
Core Courses (CC)
IGNOU MS-43 English Topics Covered
Block 1 - Management Control: Concepts and Contexts
- Unit 1 - Management Control Systems: An Introduction
- Unit 2 - Strategies and Management Control
- Unit 3 - Designing Management Control Systems
Block 2 - Management Control Structure
- Unit 1 - Responsibility Centres
- Unit 2 - Profit Centres
- Unit 3 - Transfer Pricing
- Unit 4 - Investment Centres
Block 3 - Management Control Process
- Unit 1 - Budgeting and Reporting
- Unit 2 - Performance Measurement
- Unit 3 - Reward and Compensation
- Unit 4 - New Development / Techniques of Management and Management Control
Block 4 - Management Control in Some Special Organisations
- Unit 1 - Service Organisations
- Unit 2 - Multinational and Export Organisations
- Unit 3 - Management Control of Projects
- Unit 4 - Other Organisations
Block 5 - Case Studies
- Unit 1 - Case-1 Brooke Bond (India) Ltd. (A)
- Unit 2 - Case-2 Dakshin Rasayan Nigam Limited
- Unit 3 - Case-3 Bengal Steel Limited
- Unit 4 - Case-4 Sun Cellular Limited
- Unit 5 - Case-5 Thana District Co-Operative Fisheries Project (B)
- Unit 6 - Case-6 Christian Medical College and Hospital, Vellore
IGNOU MS-43 (January 2024 - July 2024) Assignment Questions
1. Explain the concept of ‘Strategy’? Describe the BCG Model and Porter’s Five Forces Model and discuss their application in formulating business strategies.
2. What is a Responsibility Centre and why are responsibility centres established? Briefly explain each type of responsibility centre and describe what criteria would determine the designation of a responsibility centre?
3. Define ‘Investment Centre’. Why are investment centres established? Describe the different overall measures of effectiveness for determining the performance of investment centres and discuss their relative merits and demerits.
4. Explain the framework for performance measurement system and describe the various matrices used for performance measurement.
5. Briefly explain the general characteristics of a Bank. Describe the risk characteristics of a Bank and discuss the role of Management Control System in containing risk of a Bank.
IGNOU MS-43 (January 2023 - July 2023) Assignment Questions
1. Explain the important attributes of Management Control Systems and discuss the importance of behavioral dimensions in designing management control systems.
2. What is a Responsibility Centre and why are responsibility centres established? Briefly explain each type of responsibility centre.
3. What is a Performance Measurement system? Explain the various metrics used for performance measurement.
4. What are the objectives of reward and compensation plans? Discuss in detail the various types of short term and long term incentive plans.
5. Explain the risk characteristics of a bank and discuss the role of management control system in containing these risks.
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