Using Project Based Learning in Management Accounting Course: Lesson and Reflection from Entrepreneurship Education
Abstract
One of the main issues in entrepreneurship education is integrating core course to entrepreneurship course. Many
educators fail to integrate core course and entrepreneurial education. The purpose of this study is to investigate
whether the integration of management accounting course in entrepreneurship course will accomplish the objective
of entrepreneurship education. This study is derived from the experience of entrepreneurial project course at
Management Department of Ciputra University, Surabaya. This study uses an explorative approach to investigate
the implementation of project-based learning (PBL) in management accounting course. The result shows variation
of output. There are about 91% business can be implemented by business groups and about 33% target achieved.
Several management accounting techniques are used in this study, such as balanced score card (BSC),
activity-based costing (ABC), activity-based management (ABM), cost-volume-profit (CVP) analysis, and tactical
decision making. This study found that by using management accounting techniques, student can run the business
well especially when they have to make decision. This study strengthens the role of management accounting in
business practices, and furthermore, this study proves that management accounting is beneficial for entrepreneurs
who are still in the start-up business stage.