Sport Finance and Budgeting

Catalog description

This course examines the financial tools that sport managers use to run thieir sport businesses. As such, it explores traditional and inonvative methods of revenue acquisition and financial management in sports organizations, the financial business structure of sports organizations, and the financial planning and forecasting processes that make organizations effective. Various other aspects of finance are discussed as they relate to sport organizations, including the time value of money, capital structuring, stocks and bonds, inventory management, and taxation.