Financial Management in Recreation and Sport

Course Description

Examination of the financial needs and techniques utilized in recreation and sport management. Emphasis on philosophy, terminology, and measurement of economies, revenue streams, and budgets.

Syllabus

Student Learning Outcomes, Goals, Objectives:

Students successfully completing this course will be able to:

  • Demonstrate knowledge of techniques of financial management including operating and capital budgets, revenue generation and accountability, pricing of services, cost analysis, and financial forecasting.

  • Assess and describe the economic impact of recreation and sport services on the general economy.

  • Evaluate techniques of outcome measurement and policy analysis for service effectiveness and the achievement of programming and organizational goals and objectives.

  • Describe ethical principles applying to the financing of recreation and sport services.

  • Assess different techniques of financing, budgeting, and fiscal accountability associated with operational and strategic management.

Course Grading Information:

Activity/Performance Measure

Percentage/Points

Homework Assignments

25 points

Examinations (2)

80 points

Organization Paper

25 points

Fundraising Presentation

25 points

Budget Interview Presentation

15 points

Peer Evaluations (2)

15 points

Grading SCALE:

93.0-100 

       A 

90.0-92.99 

       A- 

87.0-89.99 

       B+ 

83.0-86.99 

       B 

80.0-82.99 

       B- 

77.0-79.99 

       C+ 

73.0-76.99 

       C 

70.0-72.99 

       C- 

67.0-69.99 

       D+ 

63.0-66.99 

       D 

60.0-62.99 

       D- 

< 60.0 

       F 

Attendance/Participation:

Attendance/participation is not a graded component included in the student's final grade for this course.

Course Materials Purchased by the Students:

No course materials are required.

Scholarly Perspectives

This course engages diverse scholarly perspectives to develop critical thinking, analysis, and debate and inclusion of a reading does not imply endorsement.