Opetussuunnitelmat

Objective

Upon completion of this course a student will be able to
-Assess financial systems, markets, and basic business organizational structures in the sport context.
-Analyze financial statements and metrics pertinent to sound financial management of a sport organization.
-Apply capital budgeting decision-making tools in a sport context.
-Identify new sources of value that can incrementally increase a sport organizations resources.

Content

The economic and financial management approaches used in sport organizations
-Financial statements
-Risk and uncertainty
-Time value of money
-Budgeting
-Economic impact of sport
-Valuation of sport assets

Location and time

Fall semester.

Oppimateriaali ja suositeltava kirjallisuus

Winfree, J.A., Rosentraub, M.S., Mills, B.M. and Zondiak, M. (2018). Sports Finance and Management, 2nd Edition. Available as e-book in JAMK Library.
Other literature and all relevant readings will be given at the beginning of the course.

Teaching methods

Course is a hybrid on-campus and online study entity. It combines face-to-face and distance learning methods where students participate in lectures (online or physical), workshops and other study activities. On-campus studies are organized as intensive 3 day period.

Lectures, online webinars, assignments, individual studies.

International connections

Visiting professor from abroad in charge of this course. International tasks among the assignments.

Vaihtoehtoiset suoritustavat

Prior learning can be recognized through similar master level studies or work experience which will be assessed for each course by the course instructor.

Student workload

On-campus days 25 hours
Individual study 50 hours
Assignments 40 hours
Virtual studies 20 hours

Content scheduling

3 days intensive contact study period in October. NOTE online FALL 2020.
Online studies and distance learning (individual studies) period October - December.

Further information

Instructor in charge: Professor Dr Kevin Heisey, California, USA.

Evaluation scale

0-5

Arviointikriteerit, tyydyttävä (1-2)

Adequate 1
You are able to identify and define economic and financial concepts, but you struggle to apply them to sport business cases. You can read academic literature with a basic understanding of the main points. You take responsibility of your own work. You are able to communicate your findings in oral and written form responsibly. There are some issues in complying with JAMK reporting instructions.

Satisfactory 2
You are able to identify and define economic and financial concepts, but have some difficulty applying them to sport business cases. You can generally understand related academic literature, but struggles to connect the main points with the course objectives. You are able to work independently and take responsibility of your team’s work. You are able to communicate your findings in oral and written form responsibly. There are minor issues in complying with JAMK reporting instructions.

Arviointikriteerit, hyvä (3-4)

Good 3
You are able to generally understand and apply economic and financial concepts to sport business cases with few errors and understand related academic literature. You can combine the theoretical framework and practice. You can evaluate your work and develop your knowhow. You are able to communicate your findings in oral and written form responsibly in a well-structured manner. Your text mainly follows the JAMK reporting instructions.

Very Good 4
You are able to understand and apply economic and financial concepts to sport business cases, You are able to analyze sports finance related academic literature in a very good manner. You are able to critically analyze your learning and develop your skills. You can produce relevant, logical and analytical content. You are able to communicate your findings in oral and written form responsibly and in a well-structured manner, and according to JAMK reporting instructions.

Assessment criteria, excellent (5)

Excellent 5
You are able to precisely understand and apply economic and financial concepts to sport business cases. You can critically analyze sport finance related academic literature in an excellent manner. You take responsibility of developing your expertise in this area and you are able to critically evaluate your own learning and progression. You present convincing results and content, and you are able to combine different frameworks and findings in your reporting. You are able to communicate your findings in oral and written form responsibly and in a well-structured manner, complying fully with JAMK reporting instructions.

Qualifications

BBA in business or economics or sport or equal.