Description
This module covers some of the financial imperatives in managing an event. Students can take this module in the stage 1 or 2 microcredential slot. Students interested in Events Management might like to consider also taking BMT212 Cases in Events.
Aims
The aim of this module is to give students the skill and knowledge required to manage the finance of an event
Learning Outcomes
By the end of this module the student should be able to:
1. Explain the nature and issues surrounding sponsorship of events
2. Using a pre-written budget, design a break-even analysis for an event
3. Discuss and use the control mechanisms used in the budgeting process
Indicative Content
1 Sources of funding
Determining where funding will come from for your event; funding policies; funding applications to external sponsors; convincing sponsors of the benefits of funding your event
2 Budgeting & Breakeven
Understanding the types of costs involved in the project; Preparing a simple budget and analysing a complex (pre-prepared) budget; Creating a break-even analysis
3 Controlling finances
Pre-event controls, operational controls, post control mechanisms
Teaching and Learning Work Loads
| Teaching and Learning Method | Hours |
| Lecture | 6 |
| Tutorial/Seminar | 12 |
| Practical Activity | 12 |
| Assessment | 25 |
| Independent | 51 |
| Total | 106 |
Guidance notes
SCQF Level - The Scottish Credit and Qualifications Framework provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.
Credit Value – The total value of SCQF credits for the module. 20 credits are the equivalent of 10 ECTS credits. A full-time student should normally register for 60 SCQF credits per semester.
Disclaimer
We make every effort to ensure that the information on our website is accurate but it is possible that some changes may occur prior to the academic year of entry. The modules listed in this catalogue are offered subject to availability during academic year 2021/22 , and may be subject to change for future years.
