SPT 4120 SPORT FINANCE

Effective sport management requires a sound understanding of financial principles. This course teaches students effective management of money by critically examining various financial and economic issues within the global sport industry. Through an exploration of topics like facility financing, economic impact analysis, sport team valuation, and competitive balance, students learn the theories, concepts, and skills necessary to become ethical and effective financial decision-makers.  

Credits

4 sh

Prerequisite

SPT 3510 and ECO 1000

Offered

• Fall
• Spring

Course Outcomes

1. Students will be able to:
   •Distinguish finance from related principles of accounting and economics.
2. •Understand financial statements and the ratios used for analysis.
3. •Understand time value of money and the tools used in budgeting.
4. •Identify means of increasing revenue and decreasing expenses.
5. •Prepare feasibility studies and economic impact analyses to inform strategic organizational decisions.
6. •Understand sponsorship and pricing strategies.
7. •Develop and utilize fundraising principles.
8. •Understand current financial issues affecting professional sport, college sport, and
   commercial/public recreation programs.