SMT 4201

Description

This course will examine the concepts relating to efficient management and leadership of the sport industry. Emphasis will be placed on principles and techniques of management relating to programs, facilities, special events, and personnel. Special course topics include: key personnel issues in sport management situations; ethics, law, and governance as they apply to sport management; the role of the marketing process in sport administration; and the economics, accounting and budgeting, and the importance of each for managers of sport.

Objectives

  1. Discuss the fundamentals of capital acquisition and what technical steps are required to issue stock, bonds, or commercial paper.
  2. Develop and analyze balance sheets, income statements, pro forma budgets, and numerous other financial statements and records.
  3. Describe the principles of inventory management and manufacturing costing models.
  4. Discuss and describe the unique qualities that make sport financing different from other types of financial management.
  5. Describe how a government entity can finance building a sport stadium, convention center, or other publicly funded facilities.
  6. Discuss and describe the day-to-day skills needed to manage a sport business or facility.
  7. Follow the financial history and record of a publicly traded corporation.
  8. Discuss why some people/investors utilize private funds or COI to build facilities.
  9. Describe and discuss the fundamentals of tax systems.
  10. Calculate and apply various industry ratios and internal ratios such as PE or IRR.

PreRequisites

None

Textbook(s)

Sport finance (Rev: 3)

Publisher: Human Kinetics (2013)
Author: Fried, G., DeSchriver, T. D., & Mondello, M.
ISBN: 978-1-4504-2104-1
Price: (No information available)

* Disclaimer: Textbooks listed are based on the last open revision of the course. Prior revisions and future revisions may use different textbooks. To verify textbook information, view the course syllabus or contact Student Services at students@waldorf.edu