LSM 243 : Budgeting and Financing Sport

This course analyzes financial concepts and theories and their application in the professional, intercollegiate, recreational, and commercial sport environments. Topics include revenues and expenses of professional, intercollegiate and private sport industries; issues impacting these revenues and expenses; budgeting methods; economic impact; fundraising at the intercollegiate level; ownership in sport, and public and private funding for non-profit sport programs. Prerequisites:LSM 101 and LSM 231, or permission of instructor. Three lecture hours per week.
  1. Examine the various segments of the sport economy.
  2. Employ budgeting principles and procedures as applied to sports management.
  3. Analyze current financial issues within the sport field.
  4. Examine the economic impact generated by sport and methods of measuring such impact.