Master
2026/2027
Performance Management and Decision Making
ID 1127104
Type:
Compulsory course (Finance)
Delivered by:
Department of Finance
When:
1 year, 1 module
Open to:
students of all HSE University campuses
Instructors:
Корехова Евгения Викторовна
Language:
English
ECTS credits:
3
Contact hours:
32
Course Syllabus
Abstract
The course covers aspects of corporate performance management from the financial perspective.
Starting with fundamental concepts on organizational strategy and their alignment with operational execution, students then proceed to financial control, performance measurement and management systems that support and empower decision-making process within organizations.
The course includes advanced cost management techniques, unit economics and budgeting framework to support strategic, tactical and operational decision-making process. Additionally, it covers strategic performance management tools and essential management control instrument - Balanced Scorecard.
Students will work with financial models as well as corporate reports to practically analyze the linkage between strategy and operations as well as to assess financial performance.
Learning Objectives
- Equip students with fundamental knowledge and practical skills of performance management and management control systems in prganization with special focus on cost management and unit economics, budgeting and BSC.
Expected Learning Outcomes
- To understand principles of performance management and measurement system
- To apply strategic management performance tools
- To analyze corporate reporting in terms of performance management
- To link strategic planning with operational decision making and control process
- To apply quantitative and qualitative techniques in performance management
Course Contents
- Performance Management and Decision Making
- Performance Management and Measurement systems
- Cost management
- Strategic, tactical and operational planning
- Strategic Performance Management Tools
Interim Assessment
- 2026/2027 1st module0.2 * Exam + 0.25 * Group task + 0.25 * Project + 0.3 * in-class activity
Bibliography
Recommended Core Bibliography
- Outcome-Based Performance Management in the Public Sector, Elio Borgonovi, E. Anessi-Pessina, C. Bianchi (Eds.), 2018, 978-3-319-57018-1
- Progress in Performance Management: Industry Insights and Case Studies on Principles, Application Tools, and Practice, Marc Helmold, Warda Samara, 978-3-030-20534-8,
Recommended Additional Bibliography
- Performance Management Systems: Design, Diagnosis and Use, Chiara Demartini, 978-3-642-36684-0,