Financial Management of a Sport Organization (5 cr)

Evaluation scale

H-5

Content scheduling

Upon completing the course, the student will be able to:
• Understand the financial environment of sports organizations and its specific characteristics.
• Master the key tools and methods of financial management within sports organizations.
• Acquire skills in budgeting
• Analyze and interpret the financial condition and performance of a sports organization.
• Identify strategic challenges in financial management and develop solutions to address them.

Objective

Upon completing the course, the student will be able to:
• Understand the financial environment of sports organizations and its specific characteristics.
• Master the key tools and methods of financial management within sports organizations.
• Acquire skills in budgeting
• Analyze and interpret the financial condition and performance of a sports organization.
• Identify strategic challenges in financial management and develop solutions to address them.

Content

-financial environment
- key tools and methods of financial management
- budgeting
- strategic challenges and solutions

Materials

Materials available on the ItsLearning platform, along with the following books:
• Auvinen T. & Kuuluvainen A. 2017. "Urheiluseurojen sisäpiirissä". Alma Talent.
• Jalonen H., Haltia J., Tuominen S., & Ryömä A. 2017. "Arvoluonnin pelikirja urheilun ja liiketoiminnan rajapintaan". Turku: Turun ammattikorkeakoulu.
https://www.turkuamk.fi/fi/tutkimus-kehitys-ja-innovaatiot/julkaisuhaku/109/

Teaching methods

• The course is completed using a blended learning approach. The course includes 1-2 in-person days.

Exam schedules

No exam

Pedagogic approaches and sustainable development

Innovation pedagogy emphasizing self-directed learning. Assignments are related to clubs, athletes and/or current topics of the industry.
Cases
Materials provided during the course

Completion alternatives

No optional completion methods.

Student workload

• Online lectures (recorded)
• Remote assignments
• Literature
• Written reports and case studies
Total 135 hours

Failed (0)

- Assignments submitted during the course are missing or highly inadequate. The given instructions have not been followed, and the answers are very incomplete.

Assessment criteria, satisfactory (1-2)

- The themes in the submitted assignments are covered briefly and in a list format, and do not fully meet the instructions.
- The content of the submitted assignments is inconsistent and lacks coherence.
- The language quality is poor.

Assessment criteria, good (3-4)

- The content of the submitted assignments generally meets the task requirements.
- There is little to no irrelevant content in the assignments.
- Personal reflection on the topics is somewhat lacking or insufficient.
- The structure and language of the submitted assignments are clear and reader-friendly.

Assessment criteria, excellent (5)

- The submitted assignments meet the task requirements exceptionally well and demonstrate that the student has a strong grasp of the key content.
- The student has described the themes comprehensively and has used high-quality and relevant source material extensively.
- Reflections, justifications, critiques, personal views, and conclusions are presented in great detail, comprehensively, and coherently.
- The language is very clear and reader-friendly, and the structure of the submitted assignments is logical.

Further information

Further course details and communication are handled through the ItsLearning platform.