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Aarhus University MSc in Economics and Business Administration – Management Accounting and Control
Aarhus University

Aarhus University

MSc in Economics and Business Administration – Management Accounting and Control

Aarhus, Denmark

MSc

2 years

English

Full time

01 Mar 2026*

Feb 2026

EUR 10,000 / per year **

On-Campus

* winter intake | application deadline (Non-EU): 15 september 2025

** for non-EU/EEA students only | EU/EEA students study for free

Key Summary

    About : The MSc in Economics and Business Administration – Management Accounting and Control focuses on equipping students with advanced knowledge in management accounting, control systems, and decision support models. This program is designed for students looking to deepen their understanding of how accounting and control processes support business strategy. It aims to develop skills in analytical thinking and problem-solving while fostering an understanding of the ethical implications of financial decisions within organizations.
    Career Outcomes : Graduates can explore diverse career paths, including roles as management accountants, financial controllers, or business analysts. Opportunities also exist in sectors such as finance, consulting, and corporate management, where professionals can leverage their expertise in accounting and control to drive decision-making and enhance organizational performance.

Management Accounting – also known as Management Control – is a fundamental aspect of business administration. Management Accounting is the primary language of business, and it creates the foundation for discussions of a company’s financial performance, as well as the non-financial dimensions of performance. Hence, Management Accounting is the sweet spot where numbers and data meet management and decisions.

Working with measurement and evaluation systems, the provision of incentives and adjustments of behavior holds the potential for controlling cost and performance at all levels within an organization thereby ensuring value creation. You will be able to create transparency and financially sound solutions for a company by developing and analyzing performance, cost, and profitability. This skill allows you to identify and solve potential strategic and operational problems in companies/organizations (private and publicly traded companies, governmental organizations, municipalities, hospitals, etc.) To deal with these problems, you will learn how to design and implement incentive, budgeting, and performance management systems to coordinate and motivate departments, teams, or individuals to change their behavior and correct the situation.

To complement these analytical skills, you will also be introduced to ERP systems (SAP) and other IT software, e.g., business intelligence in Power BI.

The MAC Program has a strong tradition of collaborating with companies, as companies have a very high demand for the skillset learned by students in the MAC Program. The MAC Program has more than 10 partner companies that include top consulting firms, manufacturers, retailers, etc. These partnerships involve guest lectures, social events, awards, and other interesting activities. We also collaborate closely with companies on internships, theses, project work, etc. Therefore, our Programs are based on a theoretical foundation in combination with practical, real-world problems and solutions.

Read more on the institution's website