Budgeting and Finance in Sport and Recreation.

Catalog description

Introduces students to the principles of budgeting and finance in sport and recreation organizations across public, non-profit, and commercial sectors. Through readings, case studies, applied assignments, and financial modeling, students will gain a comprehensive understanding of operating and capital budgets, financial statements, revenue forecasting, and pricing strategies. The course emphasizes the evaluation of risk and return, the use of financial mathematics and capital budgeting tools in decision-making, and the integration of ethical principles into financial management practices. 3 Units