2023-2024 / FINA9001-1

Sustainable Management Control

Duration

30h Th

Number of credits

 Master in business engineering (120 ECTS)5 crédits 
 Extra courses intended for exchange students (Erasmus, ...)5 crédits 

Lecturer

Nathalie Crutzen

Language(s) of instruction

English language

Organisation and examination

Teaching in the second semester

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

The general objective of these sessions is to analyze how the implementation of a sustainable strategy (or sustainable management policy) would require organizations to manage, control and measure their sustainability performance.

This course proposes an introduction to and opens discussions (via pre-readings, videos, lectures and examples) to sustainability management control systems as well as sustainability accounting and reporting (What? How? Challenges? Critical perspectives? Examples?).

For example, this course:

  • Illustrates that organizations need to link, and ideally integrate, their performance on sustainability to traditional management control systems
  • Underlines the need to embed sustainability issues within employee performance frameworks and remuneration packages
These changes would require an adaptation or modifications of management control systems to support an organization's sustainability performance management.

Learning outcomes of the learning unit

Upon completion of this course, students should be able to demonstrate that they have acquired the knowledge and skills to:

  • Discuss key challenges and frameworks related to sustainability management control
  • Critically analyze the impacts of sustainability on management control systems and identify new requirements
  • Be ready to collaborate in the implementation of a sustainability management control system
  • Consider complex situations in planning, budgets preparation, performance measurement systems
  • Analyze and debate the importance of performance management and control in sustainable strategy development and implementation
  • Understand and apply to concrete case studies specific tools/models such as the stakeholder analysis, the Malmi & Brown model, etc.

Prerequisite knowledge and skills

Students are expected to master some basics in financial and managerial accounting, financial analysis and corporate finance.

Planned learning activities and teaching methods

Interactive pedagogical approach based on several teaching methods :

  • Active preparation of the course (pre-readings and preparation of the conferences)
  • Academic lectures (including illustrative videos and examples)
  • Reading and oral presentation of key scientific articles
  • In-class readings, discussions/debates and critical analyses
  • Team work on a case study & oral presentation 
  • Conferences with guest speakers

Mode of delivery (face to face, distance learning, hybrid learning)

Blended learning


Additional information:

  • Face-to-face lectures and conferences
  • Distance learning (reading, team work)

Recommended or required readings

Information about recommended and required readings will be presented during the lectures. The slides and relevant documents will be posted on Lol@ but students are expected to take notes during the lectures, presentations and conferences.

Other : See details below


Additional information:

First session :

The evaluation guidelines will be detailed during the first session. The evaluation will be made of different parts (e.g. oral presentation of a scientific article, work on a case study, out-of-session test, ...) and will take place out of session.

Second session:

The evaluation guidelines will be confirmed during the course. This evaluation can take different forms (oral exam, written report or exam,...). 

Work placement(s)

Organisational remarks and main changes to the course

Official language: English. The attendance to the lectures and conferences is compulsory.

Contacts

Professor: Nathalie Crutzen

Teaching Assistant: Cécile Caputo 

 

Contact:

Cécile Caputo : c.caputo@uliege.be

Association of one or more MOOCs