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Mastering Costs and Budgets

Vlerick Business School

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Budget under control, profit within reach

How do you compile cost data? How do you calculate the cost? And how do you establish a budget?

This programme is a source of invaluable advice. We provide you with the right knowledge and instruments to allow you to better assess the profitability of products, customers and markets.

Once you have followed the programme, you will be capable to set up a simple cost system and perfectly explain the meaning of Activity Based Costing. Establishing and analysing a budget? This too, will be a piece of cake.


The programme 'Mastering costs & budgets' consists of three tracks:

Module 1: Costing Concepts

  • Key concepts such as variable and fixed costs, direct and indirect costs, differential and opportunity costs
  • Various techniques for cost calculations
  • What is contribution?
  • How to calculate actual, standardised and variable costs?

Module 2: From Full Costing to Activity Based Management

  • How do you distinguish between relevant and irrelevant costs and yields?
  • What is Activity Based Costing (ABC)?
  • How does ABC help to proactively control cost?

Module 3: Budgeting

  • What is a budget?
  • Why do organisations use budgets?
  • How are budgets created?

Niveau N.V.T.
Vorm Part-time
Incompany Nee
Open inschrijving Ja
Doorlooptijd 3 dagen
Locatie Brussel
Kosten €2245
Titulatuur Geen titel
Benodigde taalkennis Engels
Afronding Certificaat