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Home > Degree Programs > Teaching & Courses > 2008-2009 Course Listing > Budgeting and Financial Management
STM-411: Budgeting and Financial Management
Faculty: Linda Bilmes
Schedule
| Day | Time | Location | |
|---|---|---|---|
| First Day | 9/11 | ||
| Meet Day | T/Th | 10:10 AM - 11:30 AM | L140 |
| Review | F | 10:10 AM - 11:30 AM | Starr |
Description
Budget concepts and techniques are central to the successful operation of government, nonprofit, and for-profit organizations. This rigorous introductory course aims to demystify the budget process. It covers the entire budget process, including budget formulation and execution, program development, cost and revenue estimation, budget strategies and tactics, and budget evaluation. The course will include performance-based budgets, performance measurement, variance analysis, activity-based costing, cost accounting, capital budgeting, and finance. The course will use case discussions, problem sets, online tutorials, and individual and group exercises. Students taking this course may enroll in STM-412, a follow-on course in “applied budgeting” in the spring. Students who complete the course successfully may participate in the STM-411 alumni program.Prerequisite: Students should be familiar with Microsoft Excel.
Permission of the instructor required for non-HKS students.