Strategic Cost Management

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MIT University, ShillongStrategic Cost
Management
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What is Strategic Cost Management?

• Strategic Cost Management aims to reduce costs
  and boost the strategic position of an
  organization.
• It combines cost information with the structure
  of decision-making to reinforce the overall
  business strategy.
• The growth in the banking, insurance, and venture
  capital markets have triggered an expansion in
  the global and Indian financial sectors. This has
  effectively pushed the finance management stream
  as an in-demand area of employment.
• It helps to reduce heavy cost failure, improve
  the quality of products offered, etc.

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Strategic Cost Management Techniques

• Bundling
• Activity-Based Outsourcing (ABC)
• Total Quality Management (TQM)
• Life Cycle Costing (LCC)
• E-Business
• Target Costing
• Outsourcing
• Life Cycle Costing

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Learning Strategic Cost Management
Managers have to make intelligent decisions to
manage resources better and drive value.
Executive MBA in Finance Management is suitably
designed to take advantage of the emergent
financial sector. With EMBA in Finance
Management, learn behavioral finance, real-world
functioning of securities, insurance, and banking
industries, etc. The curriculum of this course is
designed by a team of experienced finance and
academic professionals from various domains
taking into consideration the latest developments
and trends in this arena.
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Why EMBA from MIT University?

• Latest tools for financial computing
• Retouch upon the foundation of finance
• Assess risks to understand the movement of
  financial assets
• Learn behavioral finance to understand the
  real-world functioning of securities, insurance,
  and banking industries.
• Learn new strategies to develop an integrated
  framework for strategic financial decision-making

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Potential Career Opportunities

• Finance Manager
• Senior finance manager

• Financial Controllers
• Chief Financial Officer 

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Advantages of MIT University, Shillong

• Live sessions Masterclass
• Case study discussions (Cases from Harvard, IIMs,
  and other premium sources)
• Dedicated student support team
• State-of-the-art LMS (Canvas)
• Regularly updated syllabus

• Industry experts as course faculty
• Harappa Education certifications
• Industry-relevant course offerings
• Self-paced learning
• Block pattern pedagogy
• Continuous Assessment for long-term knowledge
  retention

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About MIT University, Shillong

• Set in the laps of natures haven, North-East
  India, MIT University of Shillong, Meghalaya is
  an integral constituent of MIT Pune.
• MIT University, Shillong offers Executive MBA
  programs across specializations such as
  Marketing, HR, Finance, Supply Chain, Operations
  Project Management. In addition to the
  executive education, the University has matched
  the pace with the changing times, and hence it
  offers Certification programs in Innovation
  User Experience Design and the most trending
  Digital Marketing. It also offers a unique
  program called the Post Graduate Program for
  Executive Education (PGPEx) in Design Thinking
  Digital Transformation.

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Contact Us

• Email id admissions_executive_at_mitu.edu.in
• Website mituniversityindia.edu.in

• Address Nongshiliang, Shillong, Meghalaya 793014
• Phone [phone]

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Thank you