EXKSR 6400 - Budgeting and Financial Management for Recreation, Sport, and Tourism Enterprises
19394172
Language of Delivery
English
Delivery Options
Online - Self Paced Asynchronous
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Course Description
This course introduces students to budgeting principles and financial management practices relevant to recreation, sport, and tourism organizations. Topics include: revenue forecasting, expense planning, financial statement analysis, ratio interpretation, risk management, and capital budgeting. Students will apply financial tools and concepts through real-world case studies, with emphasis on aligning budgets to organizational goals and funding strategies for infrastructure projects.
Who Should Take This Course?
The learners for these courses fall into the following categories:
- 🗸Ideal for current or aspiring professionals in recreation, sport, and tourism.
- 🗸Suited for those involved in financial planning, budgeting, or organizational management.
- 🗸Beneficial for recreation managers, tourism coordinators, sport administrators, event planners, municipal staff, and non-profit leaders.
- 🗸Supports individuals looking to strengthen financial decision-making and align budgeting strategies with organizational goals.
- 🗸Valuable for those transitioning into these industries or seeking to upskill for career advancement.
Learning Objectives
By the end the course, students will be able to:
- 🗸 Understand the broader financial and economic environment in which the sport, recreation, and tourism industry operates.
- 🗸 Utilize basic accounting concepts related to various financial statements.
- 🗸 Identify, compute, and explain some of the common ratios used to measure an organization's liquidity, leverage, and profitability.
- 🗸 Define and apply various aspects of the budgeting process.
- 🗸 Identify, compute, and explain some of the current financial issues sport, recreation, and tourism organizations are negotiating.
Notes
- 🗸This course is delivered in a fully asynchronous format. 100% of course content is delivered online, accessible through CE Canvas, the University of Alberta’s eLearning management tool.
- 🗸Students can self-enroll at any time. Learners have 90 days to complete the course from the date of registration.
- 🗸This course includes interactive modules, case studies, and assessments designed to be completed at your own pace.
- 🗸This course is a total of 12 hours.
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