Financial Management for Sports
Code: 43783 ECTS Credits: 6| Degree | Type | Year | Semester |
|---|---|---|---|
| 4316022 Sport Management | OB | 0 | 1 |
Contact
- Name:
- Núria Masferrer Llabinés
- Email:
- nuria.masferrer@uab.cat
Teaching groups languages
To check the language/s of instruction, you must click on "Methodolody" section of the course guide.
Teachers
- Núria Masferrer Llabinés
External teachers
- Daniel Ramis
- Moussa Ezzeddine
- Roger Rocasalbas
Prerequisites
There are no prerequisites
Objectives and Contextualisation
The primary objective is that students can start in the study of the financial statements of a sports company, economic and financial evaluation of business projects, as well as knowledge of institutions and public and private financing mechanisms of these projects. For this, the student will be provided with the basic tools of economic and financial analysis for making decisions in the field of sports management. Specifically, the objectives at the training level are:
1. Introduce the basic concepts of financial management so that they can understand the main financial statements of a sports company
2. Analyze the most important ratios to analyze the differences between sports companies
3. Make a diagnosis of the situation and problems of a sports company
4. Implement the ideal strategy to get to establish a business model within the sports field.
5. Analyze the different funding sources
6. Introduce the short and long planning process, analyzing the strategy and purpose of the sports company and analyzing the budget as a management tool.
7. Study the institutions to see the differences in economic-financial management between Sports Public Limited Companies, Sports Associations and public limited companies.
8. Study the valuation and feasibility of a sports investment project to analyze the profitability of the same based on its financing.
Learning Outcomes
- CA02 (Competence) Use tools and methodologies to design financially sound and sustainable business models.
- KA04 (Knowledge) Understand the financial resources available to sustainably manage a sports organisation.
- KA05 (Knowledge) Distinguish the differences between sports corporations, sports associations and/or other business incorporation models.
- KA06 (Knowledge) Assess the viability of sports investment projects in order to analyse their profitability based on their financing.
- SA05 (Skill) Analyse the financial reports of organisations and companies in the sports sector.
- SA06 (Skill) Assess the viability of financial plans and the various investment alternatives and/or projects.
- SA07 (Skill) Develop a budget that includes an income statement, balance sheet, cash budget and cash flow statement.
- SA08 (Skill) Diagnose financial situations and problems experienced by companies in the sports sector.
Content
Topic 5: Valuation of companies
5.1. Flow discount method
5.2. Comparables method
Methodology
Online modality
In the case of the online modality, the methodology will be adjusted in order students can achieve all the learning outcomes specified in this guide and at the same time develop the skills and abilities of the subject.
To this end, the resources available in the modle classrooms will be optimized to maximize student involvement and motivation (forums, debates, simulation games, case studies, online presentations, etc ...)
Annotation: Within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.
Activities
| Title | Hours | ECTS | Learning Outcomes |
|---|---|---|---|
| Type: Directed | |||
| Exercises and other work | 10 | 0.4 | |
| master classes | 30 | 1.2 | |
| Type: Supervised | |||
| Group Tutoring | 8 | 0.32 | |
| Problem resolution | 12 | 0.48 | |
| Study cases | 10 | 0.4 | |
| Type: Autonomous | |||
| Personal study | 60 | 2.4 | |
| Realization of works / Reports | 15 | 0.6 |
Assessment
On the first day of class, the teacher will specify how many individual and group activities, in which they consist of and will determine what percentage of assessment they each have, always respecting the total weight proposed in the teaching guide.
On the first day of class, the teacher will specify how many and what are the individual and group activities, what they consist of and will specify the percentage of assessment they have each always respecting the total weight proposed in the teaching guide.
The grade for this part of the course will be the result of applying the following weights to the tests described below:
a) Final exam: 30%. The exam will consist of both test questions and problems and / or questions to be solved with excel support. No supporting material will be available during the exam. The minimum mark that must be obtained in this test in order for it to average with the rest of the evaluation activities is 3.5 out of 10. Would the course's average grade be >5.0 in this scenario, the official final grade will be left as 4.9/10.
b) Individual cases and problems solved: 40%. They will have to deliver the cases and practices that the teachers determine solved of individual way. The teacher will solve the case in class in general and give feedback. This activity is not recoverable in case the student does not deliver the task within the term stipulated by the teacher
c) Group cases and problems solved: 30%. They will have to deliver the cases and practices that the professors determine solved of group way. The teacher will solve the case in class in general and give feedback. This activity is not recoverable in case the student does not deliver the task within the term stipulated by the teacher
Assessment Activities
| Title | Weighting | Hours | ECTS | Learning Outcomes |
|---|---|---|---|---|
| Delivery of the exhibition and defense of the exercises and work carried out in groups | 30% | 2 | 0.08 | CA02, KA04, KA05, KA06, SA05, SA06, SA07, SA08 |
| Final Exam | 30% | 2 | 0.08 | SA05, SA06, SA07, SA08 |
| Resolution exercises and individual works | 40% | 1 | 0.04 | CA02, KA04, KA05, KA06, SA05, SA06, SA07, SA08 |
Bibliography
Amat, O. (2004). Contabilidad y finanzas para no financieros.Ediciones Deusto, Bilbao.
Amat, O. (2002). Análisis de estados financieros: Fundamentos y aplicaciones. Gestió 2000: Barcelona.
Brealey, R. y Myers, S. (1998). Principles of Corporate Finance. McGraw-Hill, New York.
Faus, J; Tàpies, J. (1999). Finanzas operativas. La gestión financier de las operaciones del dia a dia. IESE. Universidad de Navarra. Navarra
Fried, Gil (2007). Sport Finance.Human Kinetics, Champaign IL.
Howard, D. (2004). Financing Sport, Fitness Information. Technology Inc, Morgantown WV.
Massons, J. (1997). Finanzas: diagnóstico y planificación a corto plazo.ESADE, Barcelona .
Martínez Abascal, E (2012). Finanzas para directivos.Mc Graw Hill, IESE Business School, 2a edición, Madrid.
Phillips, R. (2005). Pricing and Revenue Optimization.Stanford Business Books, Stanford.
Stewart, B (2007). Sport funding and finance.Elsevier, Burlington MA.
Suárez, A. Decisiones óptimas de inversión y financiación de la empresa. 18ª edición. Pirámide. Madrid
Software
N/A