Fall 2015 | PA 5003 Section 001: Introduction to Financial Analysis and Management (13154)
- Instructor(s)
- Class Component:
- Lecture
- Credits:
- 1.5 Credits
- Grading Basis:
- A-F or Audit
- Instructor Consent:
- No Special Consent Required
- Instruction Mode:
- In Person Term Based
- Times and Locations:
- First Half of Term09/08/2015 - 10/26/2015Tue 06:00PM - 08:45PMUMTC, West BankCarlson School of Management 1-135
- Also Offered:
- Course Catalog Description:
- Finance/accounting concepts/tools in public/nonprofit organizations. Fund accounting. Balance sheet/income statement analysis. Cash flow analysis. Public/nonprofit sector budgeting processes. Lectures, discussions. Cases. prereq: Public policy major/minor or major in development practice, public affairs or liberal studies or grad nonprofit mgmt cert or instr consent
- Class Notes:
- PA 5003 will also be offered in Spring 2016. http://classinfo.umn.edu/?zrzhao+PA5003+Fall2015
- Class Description:
- Basic finance/accounting concepts/tools used in public/nonprofit organizations. Fund accounting, balance sheet and income statement analysis, cash flow analysis, and public/nonprofit sector budgeting processes. Lectures, discussions. Cases/examples from nonprofit and public sector organizations
- Grading:
Grading will be based on a mid-term exam (25%), a final exam (30%),three individual assignments (15%), a group project (20%), and class participation (10%).
- Class Format:
- Meets every Tuesday 6:00 pm - 8:45 PM (09/08/2015-10/26/2015) at Carlson School of Mgmt 1-135,Twin Cities campus, West Bank
- Workload:
- Required Textbook: Financial Management in the Public Sector: Tools, Applications, and Cases (3rd E)Author: Xiaohu Wang; Publisher: ISBN-13:978-0765636898
(Look to syllabus for specific assignments or more information on work load.) - Textbooks:
- https://bookstores.umn.edu/course-lookup/13154/1159
- Syllabus:
- http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Fall2015.pdf
- Past Syllabi:
- http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Spring2017.doc (Spring 2017)
http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Spring2016.doc (Spring 2016) - Instructor Supplied Information Last Updated:
- 17 November 2015
Fall 2015 | PA 5003 Section 002: Introduction to Financial Analysis and Management (13153)
- Instructor(s)
- Class Component:
- Lecture
- Credits:
- 1.5 Credits
- Grading Basis:
- A-F or Audit
- Instructor Consent:
- No Special Consent Required
- Instruction Mode:
- In Person Term Based
- Times and Locations:
- Second Half of Term10/27/2015 - 12/16/2015Wed 06:00PM - 08:45PMUMTC, West BankCarlson School of Management L-126
- Also Offered:
- Course Catalog Description:
- Finance/accounting concepts/tools in public/nonprofit organizations. Fund accounting. Balance sheet/income statement analysis. Cash flow analysis. Public/nonprofit sector budgeting processes. Lectures, discussions. Cases. prereq: Public policy major/minor or major in development practice, public affairs or liberal studies or grad nonprofit mgmt cert or instr consent
- Class Notes:
- This class will also be offered in Spring 2016. http://classinfo.umn.edu/?zrzhao+PA5003+Fall2015
- Class Description:
- Basic finance/accounting concepts/tools used in public/nonprofit organizations. Fund accounting, balance sheet and income statement analysis, cash flow analysis, and public/nonprofit sector budgeting processes. Lectures, discussions. Cases/examples from nonprofit and public sector organizations
- Grading:
Grading will be based on a mid-term exam (25%), a final exam (30%),three individual assignments (15%), a group project (20%), and class participation (10%).
- Class Format:
- Meets every Tuesday 6:00 pm - 8:45 PM (09/08/2015-10/26/2015) at Carlson School of Mgmt 1-135,Twin Cities campus, West Bank
- Workload:
- Required Textbook: Financial Management in the Public Sector: Tools, Applications, and Cases (3rd E)Author: Xiaohu Wang; Publisher: ISBN-13:978-0765636898
(Look to syllabus for specific assignments or more information on work load.) - Textbooks:
- https://bookstores.umn.edu/course-lookup/13153/1159
- Syllabus:
- http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Fall2015.pdf
- Past Syllabi:
- http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Spring2017.doc (Spring 2017)
http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Spring2016.doc (Spring 2016) - Instructor Supplied Information Last Updated:
- 17 November 2015
Fall 2015 | PA 5003 Section 003: Introduction to Financial Analysis and Management (20065)
- Instructor(s)
- Class Component:
- Lecture
- Credits:
- 1.5 Credits
- Grading Basis:
- A-F or Audit
- Instructor Consent:
- No Special Consent Required
- Instruction Mode:
- In Person Term Based
- Times and Locations:
- Extended Regular Session08/17/2015 - 08/27/2015Mon, Tue, Wed, Thu 03:00PM - 05:30PMUMTC, West BankBlegen Hall 41509/01/2015Tue 03:00PM - 05:00PMUMTC, West BankBlegen Hall 415
- Also Offered:
- Course Catalog Description:
- Finance/accounting concepts/tools in public/nonprofit organizations. Fund accounting. Balance sheet/income statement analysis. Cash flow analysis. Public/nonprofit sector budgeting processes. Lectures, discussions. Cases. prereq: Public policy major/minor or major in development practice, public affairs or liberal studies or grad nonprofit mgmt cert or instr consent
- Class Notes:
- Meets in August 2015. PA 5003 also offered in Spring 2016. http://classinfo.umn.edu/?kiedr003+PA5003+Fall2015
- Class Description:
The financial environments for public and nonprofit organizations are changing. Governments are pressured to "do more with less" and nonprofit organizations are expected to "do better at doing good." In order to meet these challenges, it is important that managers of public and nonprofit organizations possess the fundamentals of financial analysis and management.
This is an introductory course to financial analysis and management in the context of public and nonprofit organizations. The primary learning objective of this course is how to obtain accurate financial information to make sound management decisions through the analyses of financial documents such as budgets and financial statements. The processes of producing such documents will be introduced but are not the focus of this course. Conceptual frameworks and analytical techniques will be emphasized and applied to analyze real-world financial problems.
By the end of the semester, students should be able:
To obtain basic knowledge and terminology of budgeting and financial management;
To summarize budgetary process, revenues, and expenditures of a public or nonprofit organization;
To apply basic tools of financial analysis, such as break-even analysis and marginal cost analysis, in making simple financial decisions;
To know how financial information is organized and reported in the accounting system;
To interpret data in financial statements and relate them with each other; and
To determine and calculate financial ratios to assess financial condition
- Grading:
- Each class there will be an assignment that you are to prepare in writing (You may work with others in completing the assignments.). These will not be graded, but will be collected at the end of class. You should actively participate in class discussions and class problem-solving. Class discussion, timely assignment completion, and attendance count toward your participation grade. Participation represents 12 points of your grade.
There will be a first exam (30 points) and a second exam (30 points) for this course. The first exam will be an analysis of a real budget and real financial statements of nonprofit and public organizations, word questions, and financial problems. The second exam will be an analysis of real annual financial reports of nonprofit and public organizations, word questions, and financial problems. The second exam ONLY covers material from the second half of the course.
The final assignment is a group project in which you will review the financials of a real government or nonprofit organization and present your findings to the class. You will be assigned to groups in the second week of class. The group should submit a 5+ page paper of your findings at the last class. The group will also present a power point presentation (no more than 10 minutes) of the findings at the last class. The group should provide me a copy of the power points and any other information that would be helpful. This group paper (20 points) and presentation (8 points) are worth 28 points.
First Test 30 points Second Test 30 points Group Project 28 points Class Participation 12 points Total 100 points - Exam Format:
- There will be a first exam (30 points) and a second exam (30 points) for this course. The first exam will be an analysis of a real budget and real financial statements of nonprofit and public organizations, word questions, and financial problems. The second exam will be an analysis of real annual financial reports of nonprofit and public organizations, word questions, and financial problems. The second exam ONLY covers material from the second half of the course.
- Class Format:
- This class is "flipped." Traditional lectures are videotaped and made available on Moodle. There are 8 class periods generally an hour and 45 minutes. Class time is used to review assignments, review additional videos and/or material, and take exams.
- Workload:
- 6 Homework Assignment(s)
2 Exams
1 Presentation Students indicate that the workload is similar to other Humphrey courses. Generally, 3-5 hours per class is required. - Textbooks:
- https://bookstores.umn.edu/course-lookup/20065/1159
- Syllabus:
- http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Fall2015.pdf
- Past Syllabi:
- http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Spring2020.docx (Spring 2020)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Spring2019.docx (Spring 2019)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Summer2018.docx (Summer 2018)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Spring2018.docx (Spring 2018)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Fall2017.docx (Fall 2017)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Summer2017.docx (Summer 2017)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Spring2017.docx (Spring 2017)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Summer2015.docx (Summer 2015) - Instructor Supplied Information Last Updated:
- 6 May 2015
ClassInfo Links - Fall 2015 Public Affairs Classes
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