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551.603.01 FUNDAMENTALS OF BUDGETING AND FINANCIAL MANAGEMENT

Discontinued

Department:
Extradepartmental
Term:
2nd term
Credits:
3 credits
Academic Year:
2013 - 2014
Location:
East Baltimore
Class Times:
  • Monday,  3:30 - 6:20pm
Auditors Allowed:
No
Grading Restriction:
Letter Grade or Pass/Fail
Contact:
Jamila Savage
Course Instructor:

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Description:

Explains the role of budgeting as a key component of the administrative process. Students learn to develop a budget and evaluate the financial status of a department or operating unit and determine what, if any, corrective actions need to be taken. Presents various analytical methods in management decision making, including benefit/cost ratio analysis, variance analysis, and break-even analysis. Also includes approaches to benchmarking, productivity improvement techniques, and methods for building cost standards.

Methods of Assessment:

Student evaluation based on two exams (85%) and class participation (15%)

Enrollment Restriction:

restricted to graduate students

Instructor Consent:

No consent required

Jointly Offered With: