Cost Management Competencies: The Importance and Frequency as Seen by the Financial Analyst.

Abstract

This research studied the application of cost management competencies in the financial management career field. The purpose was to determine how frequently these competencies are used by the financial analysts and how important they are in the analysts' work environment. To accomplish this research a mail survey was sent to 978 financial analysts across Air Force Materiel Command. Out of the 978 survey instruments sent 535 were returned with useful data, for a response rate of 54.7%. From these surveys, 24 of the 49 competencies were identified as being valuable to financial analysts. The 24 competencies provide a framework for future education of the financial analysts. Additionally, 19 of the 24 competencies require education to the comprehension level of learning. Only five of the 24 most valuable competencies required achievement of an application level of learning. This result may provide insight for course directors faced with the challenge of appropriately structuring cost analysis courses.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1995
Accession Number
ADA300687

Entities

People

  • Diana E. Pry

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Biomedical
  • Human Systems

DTIC Thesaurus Topics

  • Air Force Facilities
  • Business Administration
  • Control Systems
  • Cost Analysis
  • Cost Estimates
  • Costs
  • Economic Analysis
  • Education
  • Employment
  • Financial Management
  • Instructors
  • Management Personnel
  • Personnel Management
  • Risk Analysis
  • Statistical Analysis
  • Students
  • Test And Evaluation

Fields of Study

  • Business

Readers

  • Defense Acquisition Program Management
  • Instructional Design and Training Evaluation.