5 ECTS credits
126 h study time

Offer 1 with catalog number 4018698ENR for all students in the 2nd semester at a (E) Master - advanced level.

Semester
2nd semester
Enrollment based on exam contract
Impossible
Grading method
Grading (scale from 0 to 20)
Can retake in second session
Yes
Enrollment Requirements
For this course you have to meet certain enrolment requirements. For an overview of the enrolment requirements check https://www.vub.be/en/studying-vub/practical-info-for-students/study-guidance/study-path/individual-study-path#paragraph--id--71647 
Taught in
Dutch
Faculty
Faculty of Physical Education and Physiotherapy
Department
Bewegings- en Sportwetenschappen
Educational team
Inge Derom (course titular)
Activities and contact hours
26 contact hours Lecture
13 contact hours Seminar, Exercises or Practicals
Course Content

This course examines the financial tools that sports managers use to run their sport businesses. As such, it explores traditional and innovative methods of revenue acquisition and financial management in sports organizations, the financial business structure of sports organizations, and the financial planning and forecasting processes that make organizations effective. Various other aspects of finance are discussed as they relate to sports organizations with a special focus on strategy. It is not good enough just to know some financial terms or formulas. At some point, actions need to be taken based on financial criteria and such actions have real world financial ramifications.

Course material
Handbook (Recommended) : Sport finance, Fried, G., Deschriver, T.D., & Mondello, M., 4th, Human Kinetics, 9781492559733, 2020
Additional info

Not applicable.

Learning Outcomes

Specific competencies

A Master of Science in Movement and Sport Sciences: 

  • Appreciates the currrent financial status of diverse segments of the sport industry.
  • Demonstrates the ability to analyze and problem solve various cases relating to financial management in sport.
  • Understands the application of financial analyses and forecasts to sports organizations.
  • Demonstrates appropriate skills with spreadsheets for budgeting and managing financial resources.
  • Understands fund-raising strategies used to generate revenues for sport enterprises.

Grading

The final grade is composed based on the following categories:
Written Exam determines 80% of the final mark.
SELF Paper determines 20% of the final mark.

Within the Written Exam category, the following assignments need to be completed:

  • Schriftelijk examen with a relative weight of 80 which comprises 80% of the final mark.

Within the SELF Paper category, the following assignments need to be completed:

  • Individuele papers with a relative weight of 20 which comprises 20% of the final mark.

Additional info regarding evaluation

The deadlines for the WPO assignments are communicated at the start of the semester via Canvas. Assignments submitted late will still be accepted but a penalty will be awarded (20% of the score is deducted per calendar day that the task was submitted late). The end result of the course consists of two partial results (the exam and the individual assignments). 

Allowed unsatisfactory mark
The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.

Academic context

This course offer isn't part of a fixed set of graduation requirements. Hence, it is a free elective.