Top Course Tags
Background Knowledge Expected
Many Small Assignments
This class was tough.
This course is designed for accounting majors and only that. I came into the realm of business thinking it was going to be relatively straightforward. I was very wrong. You need to prepare yourself for sorts of obstacles including the classes that are required when pursuing your degree. Managerial Accounting was a stressful class for me because I was unprepared for the content that would be taught. I was unfamiliar with how the class was designed and what it would entail. My advice is, don't come into it thinking it's one way. Learn some of the material beforehand and study the basics before taking the course. Also, always read up on the professor teaching it as that is critical sometimes when choosing the course. It really makes a difference when you're taking a class with someone who makes sense and gives lots of examples and one that expects you to know everything they're saying right off of the bat.
I learned a lot about how using the resources a company has and how much they cost really makes a difference when counting in what is necessary to save a business' needs and output. With managerial accounting, it was more about being internally active with the company than relaying information out like Financial Accounting; it requires an attentive mind and more patience. I also learned about the cost effective methods on how to regularly calculate how much overhead would be used in a day and what was necessary to afford such high costs. I hope whoever takes this course can take away more than what I gave in.
Hours per week:
Advice for students:
To succeed in this course you need to always attend class and ask lots of questions. It's critical to understand every little detail from the beginning as it makes things a lot easier and you won't fall behind. Also, take advantage of the textbook and online resources available. With accounting, it's vital you pay attention to the small things rather than the big as most of the rules and methods require a calculated mindset. I would just attend class, study ahead of time and seek tutoring if needed. Believe me, it was hard not because I didn't understand everything. Only because I was not fully prepared from the beginning.