Module Title:Finance for Sport 1
Language of Instruction:English
Credits: 5
NFQ Level:6
Module Delivered In 5 programme(s)
Teaching & Learning Strategies: The learning outcomes will be achieved through the following teaching methodologies: Lectures - communication of knowledge and ideas from the lecturer to the student; Problem Solving Exercises – students will work in and out of class to resolve various scenarios relating to the financial management of sporting organisations; E-Learning – The module will be supported with on-line learning materials; Self-Directed Independent Learning – the emphasis on independent learning will develop autonomous work and learning practices.
Module Aim: The aim of this module is to introduce students to the preparation, interpretation and communication of financial management data for internal and external stakeholders of sporting clubs and organisations.
Learning Outcomes
On successful completion of this module the learner should be able to:
LO1 Define and explain the key terms, concepts, theories and practices associated with: The introduction to sport finance, financial statement analysis and interpretation and budgeting and budgetary control.
LO2 Identify and apply relevant finance for sport 1 techniques when presented with defined and undefined practical business problems.
LO3 Analyse, prepare and evaluate results within a finance for sport 1 framework and present recommendations.
LO4 Use Microsoft Excel spreadsheets to achieve learning outcome 2 and learning outcome 3 of finance for sport 1.
Pre-requisite learning
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.

No recommendations listed
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed.
Introduction to Accounting for Sport & Accounting for Sport
 

Module Content & Assessment

Indicative Content
Introduction to Sport Finance
Role of the finance function, Corporate objectives, agency theory, key developments in finance.
Budgeting and Budgetary Control
Cash flow budgets
Financial Statement Analysis and Interpretation
Layout and interpretation of key financial statements, key financial ratios and classification (profitability, working capital, liquidity and capital structure), Calculation and analysis of key ratios for assessing financial performance and position of a business, limitations of ratio analysis.
Spreadsheet Software
Use a spreadsheet package to prepare scenarios in relation to financial planning/financial analysis for typical decision making scenarios in finance for sport 1.
Assessment Breakdown%
Practical30.00%
End of Module Formal Examination70.00%
No Continuous Assessment
No Project
Practical
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Practical/Skills Evaluation Computer Practical: In class practical exam / project 4 30.00 Week 12
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam Written Examination 1,2,3 70.00 End-of-Semester

ITCarlow reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Frequency Average Weekly Learner Workload
Lecture Every Week 3.00
Practicals Every Week 0.50
Independent Learning Every Week 5.50
Total Hours 9.00
 

Module Delivered In

Programme Code Programme Semester Delivery
CW_BBSMC_B Bachelor of Arts (Honours) in Sport Management and Coaching 4 Mandatory
CW_BBSOC_D Bachelor of Arts in Sport Coaching and Business Management (Football) 4 Mandatory
CW_BBGAA_D Bachelor of Arts in Sport Coaching and Business Management (GAA) 4 Mandatory
CW_BBRUG_D Bachelor of Arts in Sport Coaching and Business Management (Rugby) 4 Mandatory
CW_BBSBC_B Bachelor or Arts (Honours) in Sport, Business and Coaching 4 Mandatory