Management Control

Master’s Programme

The Master in Management Control aims to prepare the graduate for an easy and successful integration in the labor market (or an improvement of their organizational performance) in different contexts. Promote the acquisition and development of skills to play the graduate management functions, being a principal or member of team decision-making.

Programme Coordinator

Elisabete Fernanda Mendes Duarte
coord.mcg.estg@ipleiria.pt

Reference

6848

School

Technology and Management

City

Leiria

Language

Portuguese

Type

Evening

Length

4 Semesters

Vacancies

General and International student contingent: 35

Notice

Edital 2025 2v (PT Doc)

DGES certification

Link to Registration

Objectives

Programme

The generic objectives of the Master in Management Control are: identify, define and explain specific concepts in the area of Management Control, define and solve problems, applying concepts and theories in environments and situations related to the real world; analyze and distinguish different organizational contexts, collect, select, synthesize and communicate information in a professional manner; learn independently throughout their lives in the area of management control.

Prepare the graduate for an easy and successful integration in the labor. Promote the acquisition and development of skills to play the graduate management functions, being a principal or member of team decision-making.

Study Plan

ECTS: 120

1st Year
2nd Year

1st Year
ID	Name	Semester	ECTS	Length
	Management Control Systems	1st Semester	5	30 h
Strategy, management control and value creation Financial information for management control Accountability for results Planning, budgeting and budgetary control Monitoring of performance management
	Advanced Strategic Management	1st Semester	5	30 h
Strategic Management Strategic analysis tools Trends, Scenarios & Strategic Exploration of the Future New business models
	Quantitative Methods for Management	1st Semester	5	30 h
Introduction to SPSS Univariate Analysis Point and interval estimation. Hypothesis tests. Multivariate Analysis Regression. Factor analysis (principal components method). Clusters analysis. Time Series and Forecast Decomposition. The Box-Jenkins forecast technique. Modeling conditional heterocedasticity.
	Accounting and Reporting	1st Semester	5	30 h
Accounting Standardisation System (SNC) Basis for presentation of financial statements Conceptual Framework Models of financial statements Financial Statements Identification and analysis Aims and objectives Preparation and presentation in accordance with NCRF Reading the financial statements and review Financial Reporting Recipients of financial information Changes in accounting policies, changes in accounting estimates and errors Events after the balance sheet date Management report Statutory Auditor Disclosure of accounting documents Integrated Reporting (financial and non financial information)
	Management Control and Internal Control	1st Semester	5	30 h
Different approaches to management control Agency theory, value and knowledge management Risk management Components, objetives e limitations of an internal control system Internal control and internalization Internal control and corporate governance Internal control and digital transformation Internal control and sustainability Benchmarking and internal control
	Knowledge Management and Quality	1st Semester	5	30 h
Different approaches to management control Agency theory, value and knowledge management Risk management Components, objetives e limitations of an internal control system Internal control andinternalization Internal control and corporate governance Internal control and digital transformation Internal control and sustainability Benchmarking and internal control
	Company's Financial Evaluation	2nd Semester	5	30 h
Introduction Company’s aims and agency problems Financial information’s quality Risk analysis Value creation analysis
	Risk Management and Evaluation	2nd Semester	5	30 h
Risk management in a business context 1.1. Risk 1.2. Types of Risk 1.3. Hedging and risk 1.4. Motivations for risk management 1.5. ERM – Enterprise Risk Management – an integrated vision Interest rate risk management 2.1. The Interest rate risk – notions 2.2. Interest rate term structure 2.3. Measures of exposure to interest rate 2.4. Hedging interest rate risk Currency risk Management 3.1 Exchange Rates: concepts and notions 3.2. Foreign exchange risk management Derivatives and Risk Management 4.1. Rating financial risk 4.2. Derivatives application to financial risk hedging
	Project Management	2nd Semester	5	30 h
Module 1 – Introduction to Project Management: General Concepts; Elements of Management Module 2 – Project Conception: Identification of the problem to be solved; Change Theory; Construction of the proposed solution; Integration; Communication and stakeholders Module 3 – Agile Techniques: Agile Manifesto; Main techniques; Comparison with the traditional approach Module 4 – Project planning: scope and quality, resources and time, costs, risks Module 5 – Monitoring, evaluation and feedback: definitions, tools and monitoring and evaluation techniques; Project closure.
	Option I	2nd Semester	5	30 h
Students must choose one of the following curricular units: Asset Evaluation Evaluating closed companies. 1.1. Cash flow growth rate. 1.2. Discounted cash flow models. 1.3. Determination of the required rate of return. Real estate appraisal. 2.1. Introductory concepts. 2.2. Real estate appraisal models. 2.2.1. Traditional methods: comparative method, the cost method, income method. 2.2.2. Advanced methods: Hedonic pricing model. Intangible Assets Valuation – an overview. 3.1. Brand Valuation and firm value. 3.2. Patents valuation. Business Intelligence and Analytics Introduction to Business Intelligence 1.1. Framework and importance; 1.2. Project development cycle; 1.3. Application cases. Introduction to data modeling 2.1. Operating and analytical systems; 2.2. Relational model; 2.3. Dimensional model; Data integration and preprocessing 3.1. Data types; 3.2. Data collection process and definition of metadata; 3.3. Data pre-processing: cleaning, transformation and integration. Data Analytics and Data Visualization: 4.1. Visual processing and perception; 4.2 Types of graphs, their function and selection factors; 4.3. Identify, develop, implement and use KPIs. 4.4. Construction of interactive dashboards and scoreboards; 4.5. Construction of a temporal intelligence mechanism. Presentation, communication and storytelling: 5.1. Identify what they express and what to convey about the data; 5.2. Structure narratives for target audiences; 5.4. Communicate the data story with context and direction. Leadership and Team Management 1 – Communication 1.1 communicational skills 1.2 Language, corporeality and emotions 1.3 Active and empathetic listening 1.4 Feedback 2- Commitment and Motivation 2.1 Commitment: Determinants and consequences 2.2 Basic assumptions of motivation 2.3 Practical applications 3.- Leadership 3.1 – Typology of leadership conceptions 3.2 – Leadership styles 3.3 – Authentic Leadership 3.4 – Strengths and virtues of the leader 4- Teamwork 4.1 – Potential and risk of teamwork 4.2 – Constitution of the team 4.3 – Team development and evaluation 5- Organizational virtuosity and individual and team performance Business and Financial Strategy Introduction: Framework of International Finance: Why International Financial Management, International Monetary System, Foreign Exchange Market, Currencies and Exchange Rates; Exchange Rates: direct and indirect quotation, cross exchange rate, spot and forward exchange rate; bilateral and triangular arbitrage; Exchange risk management, arbitration mechanisms, currency swaps, currency options; International capital markets: framework, integration of international capital markets; International portfolio management, international diversification: traditional and contemporary views.
	Business Auditing	2nd Semester	5	30 h
The role of the auditor in society Standards and approach process Risks and audit procedures Professional ehics, fraud and materiality Audit reports Report on internal auditing Report on financial auditing Report on non-financial information
	Management Control Instruments	2nd Semester	5	30 h
Introduction Monitoring of performance management The strategic dimension of Management Control The Balanced Scorecard Strategy Maps Management Control of Projects Technology and management control

2nd Year
ID	Name	Semester	ECTS	Length
	Methodology and Research Project in Management Control	1st Semester	8	45 h
Knowledge and knowledge development Scientific Method Scientific Research: characteristics, classification and stages Responsibility and ethical challenges in scientific research Structure of a research project Operationalization of the research project: definition of the theoretical framework, collection and processing of data Writing and presentation of the research project and results obtained
	Dissertation / Project / Internship	Annual	5
Students must choose one of the following electives: Project in Management Control Module 1: Research methodology Methodology of scientific work Search in databases and repositories Rules and models for the submission of references Presentation and discussion of research projects Module 2: Empirical studies Techniques for gathering information Validation of rating scales Techniques for statistical analysis Methodology of qualitative studies and case Module 3: Project Development Tutorial for custom development and project organization. The detailed program design is individualized. It is defined by the course coordinator, after consultation with the scientific committee of the course and confirmed the interest in the theme of the project organization that facilitates it. The project includes: Presentation and justification of the design theme Theoretical background Methodology Plan Conclusion Internship Module 1: Research methodology Methodology of scientific work Search in databases and repositories Rules and models for the submission of references Presentation and discussion of research projects Module 2: Empirical studies Techniques for gathering information Validation of rating scales Techniques for statistical analysis Methodology of qualitative studies and case Module 3: Internship and preparation of the report Tutorial for custom development and organization of the probation report The detailed program of internship is individualized. It is defined by the course coordinator, after consultation with the scientific committee of the course, which should still hear the advisor and internship supervisor. The internship program includes: The definition of the issue or problem to be addressed in the research activity to develop, schedule and methodology of research. Dissertation in Management Control Module 1: Research methodology Methodology of scientific work Search in databases and repositories Rules and models for the submission of references Consider a paper and identify the elements that should be in a research project Presentation and discussion of research projects Module 2: Empirical studies Data collection techniques/instruments Validating of research instruments Analysis of correlation and regression qualitative studies Case Studies Module 3: Development of dissertation Tutorial for custom development and organization of scientific dissertation: Presentation of research Review of literature Research Methodology Discussion of results / presentation of a case Conclusion

Entry Requirements

People who can apply to the Master’s Degree:

Holders of an undergraduate degree or a legal equivalent in Management, Accounting, Finance, and related fields;
Holders of a foreign higher education diploma, granted after a first cycle of studies, under the principles of the Bologna Process, by a State, which has subscribed this Process, in Management, Accounting, Finance, and related fields;
Holders of a foreign higher education diploma that is recognized as meeting the objectives of an undergraduate degree by the Technical and Scientific Council of the School of Technology and Management, in Management, Accounting, Finance, and related fields;
Holders of an academic, scientific or professional curriculum that is recognized as certifying the skills to attend this cycle of studies by the Technical and Scientific Council of the School of Technology and Management.

International Student
All information related to the international student application should be consulted on our International Students webpage.

Accreditation

State: Accredited
Nº of years of accreditation: 6
Date of Publication: 16/12/2024
A3ES Accreditaton

More Information

Master’s Webpage

Contacts
E-mail: studywithus@ipleiria.pt

Application Fee

60€

Enrolment Fee

General contingent: 50€
International student contingent: 100€

Tuition Fee

General contingent: 1140€
International student contingent: 3000€

Online Application

Use the button bellow to start your application.

How to apply

Management Control

Management Control

Programme Introduction

Programme Coordinator

Reference

School

City

Language

Type

Length

Vacancies

Notice

DGES certification

Objectives

Study Plan

Entry Requirements

Accreditation

More Information

Application Fee

Enrolment Fee

Tuition Fee

Online Application