School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Sport and Events Funding and Finance
  • Unit Code

    SPM3655
  • Year

    2017
  • Enrolment Period

    1
  • Version

    1
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Co-ordinator

    Dr Ruth Diana SIBSON

Description

This unit provides an overview of funding and financial management for the sport, recreation and event industries. The unit examines economic theory, including the concepts of supply and demand, markets and demand assessment, and pricing policies and strategies relevant to the provision of sport, recreation and events. Students will be introduced to the processes used to assess the financial health of organisations enabling them to develop the financial management skills required for the management of sport organisations, recreation services and events.

Equivalent Rule

Unit was previously coded SPM2114

Learning Outcomes

On completion of this unit students should be able to:

  1. Outline the impacts of economic activity on the sport, recreation and event industries.
  2. Relate the basic economic concepts of supply, demand and pricing to the sport, recreation and event industries.
  3. Produce a grant funding application, demonstrating an understanding of, and addressing, the relevant criteria.
  4. Critique the financial health of a sport, recreation and/or event organisation.

  5. Produce a professionally presented report that reviews and analyses the financial health of an organisation and formulates a budget for a new event.

Unit Content

  1. Economic theory, and the impact on the sport recreation and event industries.
  2. Economic concepts including supply and demand, markets and demand assessment and pricing policies and strategies.
  3. Financial analysis of sport, recreation and event businesses.
  4. Examination and evaluation of financial records and statements for sport, recreation and event organisations.
  5. Preparation of a grant funding application and memo for an event or program.
  6. Production of a funding and finance report including a budget with supporting rationale for income and expenditure items.

Teaching and Learning Processes

The on-campus mode of delivery for this unit is through weekly on-campus seminars; the off-campus mode of delivery requires regular on-line access via Blackboard to a weekly schedule of activities, which includes podcasts of the lecture slides.
The teaching and learning approach in this unit is enhanced through in-class and on-line discussions where students are encouraged to discuss and debate the financial health of various sport, recreation and event organisations, and reflect on matters that impact on organisational management and financial decision making. Critical appraisal and the ability to generate ideas are emphasised. Successful completion of the unit requires individual assessment items which are assessed for quality academic and professional standards, including written communication (structure, language and conventions), critical analysis (depth of thought, development of argument, logical analysis and insight), depth and breadth of coverage and ability to research effectively using both academic and contemporary sources. Students are required to complete a grant funding application, produce a funding and finance report including a budget with supporting rationale for income and expenditure items, and complete an end of semester examination.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
AssignmentGrant Memo and Application20%
ExaminationExamination40%
ReportFunding and Finance Report40%
ONLINE
TypeDescriptionValue
AssignmentGrant Memo and Application20%
ReportFunding and Finance Report40%
ExaminationExamination40%

Core Reading(s)

  • Stewart, B. (2015). Sport funding and finance (2nd ed.). London: Routledge.

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Student Equity, Diversity and Disability Service website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students’ work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

SPM3655|1|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Sport and Events Funding and Finance
  • Unit Code

    SPM3655
  • Year

    2017
  • Enrolment Period

    2
  • Version

    1
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Co-ordinator

    Dr Ruth Diana SIBSON

Description

This unit provides an overview of funding and financial management for the sport, recreation and event industries. The unit examines economic theory, including the concepts of supply and demand, markets and demand assessment, and pricing policies and strategies relevant to the provision of sport, recreation and events. Students will be introduced to the processes used to assess the financial health of organisations enabling them to develop the financial management skills required for the management of sport organisations, recreation services and events.

Equivalent Rule

Unit was previously coded SPM2114

Learning Outcomes

On completion of this unit students should be able to:

  1. Outline the impacts of economic activity on the sport, recreation and event industries.
  2. Relate the basic economic concepts of supply, demand and pricing to the sport, recreation and event industries.
  3. Produce a grant funding application, demonstrating an understanding of, and addressing, the relevant criteria.
  4. Critique the financial health of a sport, recreation and/or event organisation.

  5. Produce a professionally presented report that reviews and analyses the financial health of an organisation and formulates a budget for a new event.

Unit Content

  1. Economic theory, and the impact on the sport recreation and event industries.
  2. Economic concepts including supply and demand, markets and demand assessment and pricing policies and strategies.
  3. Financial analysis of sport, recreation and event businesses.
  4. Examination and evaluation of financial records and statements for sport, recreation and event organisations.
  5. Preparation of a grant funding application and memo for an event or program.
  6. Production of a funding and finance report including a budget with supporting rationale for income and expenditure items.

Teaching and Learning Processes

The on-campus mode of delivery for this unit is through weekly on-campus seminars; the off-campus mode of delivery requires regular on-line access via Blackboard to a weekly schedule of activities, which includes podcasts of the lecture slides.
The teaching and learning approach in this unit is enhanced through in-class and on-line discussions where students are encouraged to discuss and debate the financial health of various sport, recreation and event organisations, and reflect on matters that impact on organisational management and financial decision making. Critical appraisal and the ability to generate ideas are emphasised. Successful completion of the unit requires individual assessment items which are assessed for quality academic and professional standards, including written communication (structure, language and conventions), critical analysis (depth of thought, development of argument, logical analysis and insight), depth and breadth of coverage and ability to research effectively using both academic and contemporary sources. Students are required to complete a grant funding application, produce a funding and finance report including a budget with supporting rationale for income and expenditure items, and complete an end of semester examination.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
AssignmentGrant Memo and Application20%
ExaminationExamination40%
ReportFunding and Finance Report40%
ONLINE
TypeDescriptionValue
AssignmentGrant Memo and Application20%
ReportFunding and Finance Report40%
ExaminationExamination40%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Student Equity, Diversity and Disability Service website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students’ work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

SPM3655|1|2