
The course Accounting for Managerial Decisions equips future leaders and entrepreneurs with essential skills to use financial and non-financial data for business decision-making. Learn how to evaluate costs, prepare budgets, and assess performance to support strategic, data-driven management decisions.
Time
Feb 3, 2026 - Mar 17, 2026
Capacity
3 ECTS (78 academic hours, of which 24 in classroom, 54 individual work, and 0 practical work)
Prerequisites
The course assumes a basic understanding of financial statements and core accounting principles. EBS undergraduate students have previously completed the course Understanding Financial Statements, so participants are expected to be comfortable working with financial data and metrics in a managerial context.
Study Level
Current course belongs to Bachelor's study level
Language
The lectures and study materials are in English.
Method
In class - Students meet with the instructor in class at regularly scheduled times.
Price
€410
Location
EBS University, A.Lauteri 3, Tallinn
In data-driven business environment, gut feeling is not enough — successful leaders make decisions grounded in facts. This course empowers you to understand and apply managerial accounting tools that support effective planning, pricing, and strategic control. You will learn to interpret costs, build budgets, and analyze performance — essential skills that make your decisions not only more confident but also more impactful.
This course is designed for
Individuals with secondary education who wish to gain a solid understanding of managerial accounting at the undergraduate level.
Future managers and entrepreneurs interested in learning how to analyse costs, prepare budgets, and evaluate business performance.
Anyone seeking a practical overview of how financial and non-financial information supports business management and decision-making.
Anyone seeking a practical overview of the main methods of managerial accounting and their application in real business situations.
Participants who complete the course will receive a continuing education certificate with ECTS credits.
The course consists of weekly evening sessions held from 10:15 AM to 1:30 PM.
Lectures will not be recorded.
Accounting for Managerial Decisions starts at Feb 3, 2026

Aet Toots obtained an MBA degree majoring in accounting and finance at EBS in 2003. The courses taught include Understanding Financial Statements, Accounting for Managerial Decision, Financial Reporting, and Financial Communication. She has gained international experience by teaching at Aix-Marseille University in France, EBS Helsinki in Finland and Oxford Brookes University in the UK. She has been involved in academic programme development and has held a middle-level managerial position as the Head of the Language Centre at EBS.
Professional publications: Estonian Scientific Information System
Accounting for Managerial Decisions
Applications are open until 31.01.2026
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