level of course unit
first cycle, Bachelor
Learning outcomes of course unit
• understand controlling as a management concept and are able to explain the management process and the tasks of managers and controllers.
• are able to explain key corporate objectives and the area of tension between financial and non-financial objectives.
• are familiar with the requirements of developing objectives and are able to formulate objectives on their own.
• are able to explain and differentiate the fundamentals of strategic and operational (controlling.
• are able to explain and apply the significance and connections of individual components of the integrated budget planning.
• understand the process of budgeting and are able to prepare simple budgets on their own.
• are familiar with simple operational / operative controlling tools and are able to apply them.
• are familiar with the fundamentals of business management including key figures and key figure systems.
• are able to calculate and interpret selected key figures.
• are able to explain and apply the balanced scorecard.
• understand the principle of management reporting and are able to interpret reports.
• are able to also use their knowledge about the main controlling subfields and controlling tools when tackling the challenges of relatively small and / or recently founded businesses.
prerequisites and co-requisites
Part A: Management concept controlling
Businesses and their objectives, controlling as a base for successful business management, strategic and operational controlling, system of integrated accounting for planning and control, insight into practice and exercises
Part B: Efficient business planning and budgeting
Business planning as a core element of controlling, strategic planning, operational annual planning & budgeting, medium-term planning as a link between strategy and budget, modern planning concepts, insight into practice and exercises
Plan C: Performance measurement and management reporting
Business management with key figures and key figure systems, concept of the balanced scorecard, operational budget control and forecasting, management reporting, measures to improve the financial performance, insight into practice and exercises
Part D: Controlling for start-ups, small-sized businesses and SMEs (cross-cutting issue), challenges and concepts for start-up controlling, controlling approaches for small and medium-sized businesses, insight into practice and exercises
recommended or required reading
Eisl, C.; Hofer, P.; Losbichler, H. (2012): Grundlagen der finanziellen Unternehmensführung, Band 4: Controlling. 2. Aufl., Wien: Linde.
Weber, J.; Schäffer, U. (2014): Einführung in das Controlling. 14. Aufl., Stuttgart: Schäffer-Poeschel.
Fischer, D. (2009): Controlling: Balanced Scorecard, Kennzahlen, Prozess- und Risikomanagement. Ein Handbuch für die erfolgreiche Praxis. München: Vahlen.
Preißner, A. (2008): Praxiswissen Controlling: Grundlagen - Werkzeuge - Anwendungen. 5. Aufl., München: Hanser.
Klett, C.; Pivernetz, M. (2013): Controlling in kleinen und mittleren Unternehmen: Ein Handbuch mit Auswertungen auf der Basis der Finanzbuchhaltung. 5. Aufl., Herne u. Berlin: Neue Wirtschaftsbriefe.
Mussnig, W.; Giermaier. G.; Bleyer, M. (2011): Controlling für Führungskräfte: Analysieren – Bewerten - Entscheiden. 2. Aufl., Wien: Linde.
Schermann, M.; Volcic, K. (2009): Controlling & Finance kompakt. 2. Aufl., Wien: Linde.
assessment methods and criteria
written examination and/or presentation
language of instruction
number of ECTS credits allocated
planned learning activities and teaching methods
Lecture, group work, presentation and task discussion
semester/trimester when the course unit is delivered
name of lecturer(s)
year of study
2.year of studies
recommended optional program components
course unit code
type of course unit
mode of delivery