level of course unit
Learning outcomes of course unit
• Understand controlling as a management concept and can explain the management process and the tasks of managers and controllers.
• Can explain the key business objectives and the area of conflict between financial and non-financial objectives.
• Know the requirements for goal setting and can formulate goals independently.
• Are able to explain the main features of strategic and operational controlling and distinguish between them.
• Can explain and apply the meaningfulness and interrelationships of the individual components of integrated budgeting.
• Understand the budgeting process and can create simple budgets themselves.
• Know and apply simple operational controlling instruments.
• Know the fundamentals of corporate management with key figures and key figure systems.
• Can calculate and interpret selected key figures.
• Are able to explain and apply the balanced scorecard.
• Understand the principle of management reporting and can interpret reports.
• Can transfer the main areas and instruments of controlling to the challenges of smaller and/or young companies.
prerequisites and co-requisites
• Introduction to Accounting
• Introduction to BWL
• Annual Statement & Analysis
• Cost Accounting & Calculation
Part A: Management concept controlling
• Companies and their goals
• Controlling as the basis for successful business management
• Strategic and operational controlling
• Integrated budgeting system
Part B: Efficient corporate planning and budgeting
• Corporate 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
Part C: Performance measurement and management reporting
• Corporate control with key figures and key figure systems
• The concept of the balanced scorecard
• Operational budget control and forecasting
• Management reporting
• Measures to improve financial performance
Part D: Controlling for start-ups, small businesses and SMEs (cross-sectional topic)
• Challenges and concepts for start-up controlling
• Controlling approaches for small and medium-sized companies
recommended or required reading
Behringer, S. (2018). Controlling. Wiesbaden: Springer Verlag.
Eisl, C., Hofer, P., und Losbichler, H. (2015). Grundlagen der finanziellen Unternehmensführung, Band 4: Controlling. Wien: Linde
Britzelmaier, B. (2017). Controlling: Grundlagen, Praxis, Handlungsfelder. Hallbergmoos: Pearson.
Gladen, W. (2014). Performance Measurement: Controlling mit Kennzahlen. Wiesbaden: Springer.
Horváth, P., Gleich, R., & Seiter, M. (2019). Controlling. München: Vahlen.
Hubert, B. (2019). Grundlagen des operativen und strategischen Controllings: Konzeptionen, Instrumente und ihre Anwendung. Wiesbaden: Springer Verlag.
assessment methods and criteria
• Final exam and
language of instruction
number of ECTS credits allocated
planned learning activities and teaching methods
• 33 % of the event is covered by eLearning. A combination between online phases (inductive method for the independent acquisition of knowledge and the practice of tasks) and presence phases (deductive method, in which assistance is given in the learning process and knowledge is imparted via frontal lectures) is used.
semester/trimester when the course unit is delivered
name of lecturer(s)
Director of Studies
recommended optional program components
course unit code
type of course unit
mode of delivery