Performance Management

What you will study

    1. A revision of costing in management accounting
    2. Specialist costing techniques: activity-based costing (ABC), target costing and life-cycle costing
    3. Specialist management accounting techniques: throughput accounting and environmental accounting
    4. Considering relevant costs in short-term decisions
    5. Sensitivity analysis and simulation models for decision-making
    6. Managing risk and uncertainty in long-term decision-making
    7. Budgetary systems
    8. Budgeting and performance control
    9. Sources of information for performance management
    10. Performance management information systems
    11. Performance measurement techniques
    12. Behavioural aspects of performance analysis
    13. Divisional performance and transfer pricing

Key features of the course

    • Flexibility to suit your needs – allowing you to study anytime, anywhere
    • An emphasis on personal and professional development through independent learning
    • Relevance of topics and practical examples to the context of your own professional practice
    • Illustrative practice activities with solutions, “test your understanding” activities and tutor-marked assignments to reinforce learning
    • Certificate of completion from London School of Finance and Law

This non-credit four-month course is intended for students and professionals who want to gain general knowledge, learn a new skill, upgrade existing skills or develop personal interests in subjects related to business management, finance and tax law.

This course can be taken alongside your degree or professional qualification studies elsewhere or as part of your informal career development programme. It will be of particular value to undergraduate, postgraduate or professional students of business management, accounting and tax law.

This course should be studied after completing Management Accounting.

Learning outcomes

    • Knowledge and understanding
    • Key skills
    • Cognitive skills
    • Practical and professional skills
    • Transferable skills

Career relevance

    • Accounting professions
    • Financial management
    • Tax advisory
    • Investment analysis and management
    • Business administration
    • General management
    • Sales and marketing
    • Risk management
    • Management consultancy
    • Professional bodies
    • Professional training
    • Coaching, mentoring and counselling in finance, tax advisory and business management
    • Government offices and NGOs

Study method

Online learning with tutor guidance and support

How long it takes

4 months (128 hours)

You need to be able to spend approximately 8 hours per week on studying this module.

Teaching and assessment

A tutor will guide you throughout the study process and mark and comment on your written work. You and your tutor will primarily communicate with each other through email.

The course work includes online practice tests, tutor-marked assignments and end-of-module assessment. You must use the online VLE-system to submit your tutor-marked assignments and end-of-module assessment.

The Pass mark for the module is 50%. Upon successful completion, students are issued a certificate of completion from London School of Finance and Law.

Study materials

All study materials are provided on the module website.

Microsoft Office presentations and Adobe Portable Document Format (PDF) versions of study material are available.

A computer with a browser and broadband internet access is required for this module. Functionality may be limited on mobile or tablet devices.

If you have a disability or particular study requirements, please tell us as soon as possible.

Fees and funding

Course fees for 2023/2024 academic year: £720

Course fees cover registration, course materials, tuition and assessment.

LSFL course fees depend on the level and duration of courses: check all tuition fee rates for the current academic year here.

You may be eligible for tuition funding.

Registration

Next term start date: 20 May 2024

The module website will be available to registered students three days in advance of the module start. Module sessions will be opened every week or every two weeks to enable tutor-led, gradual progression through the study materials and continuous assessment.

Course registration is open, but please be aware that due to the increased demand it may take us longer to respond than usual.

Registration closes 10 May 2024 (places subject to availability)

Registration for current students:

ENROL

Registration for new students:

You have to register as an LSFL student to study this course.

REGISTER AS AN LSFL STUDENT

Future availability

Performance Management starts three times a year – in January, May and September.

You might also be interested in

Financial Accounting

Management Accounting

Corporate and Business Law

Foundations of Law for Professional Practice in Finance

Accounting, Auditing and Taxation (Professional Diploma)

Business Administration, Finance and Law (Professional Diploma)

Operational and Strategic Management in Professional Service Firms

Professional Ethics in Accounting and Tax Advisory Services

Learning and Training for Personal Effectiveness at Work

International professional qualifications: ACCA, CIMA, IAB, IMC, CFA or IAD

Advanced courses in business management, finance, business law and tax law

English language requirements

There is no formal requirement to prove your English language proficiency to study our courses. If English is not your native or second language, or you would like to improve specialist language skills necessary for your profession, you may complete one of the following English language courses:  

English for Finance

Business English

A full range of our English language courses can be viewed here.

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