Spring 2017 | PA 5003 Section 001: Introduction to Financial Analysis and Management (55409)
- 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 Term01/17/2017 - 03/06/2017Tue 06:00PM - 08:45PMUMTC, West BankHubert H Humphrey Center 30
- 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 Description:
- Understanding how public and nonprofit organizations manage financial resources is vitally important to understanding their health and where they place their priorities. Being able to budget will give you an advantage in securing resources. Being able to read a financial statement of a nonprofit will assist you in understanding the net worth of a nonprofit. Being able to analyze the financial statements of a government will suggest to you the economic vitality of the community. 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 and employees of public and nonprofit organizations possess the fundamentals of budgeting and financial analysis. This is an introductory course to budgeting and financial analysis 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.
- Learning Objectives:
- By the end of the course, students should be able:Understand financial management as an integral part of nonprofit/public managementObtain basic knowledge, terminology, and skills in nonprofit/public budgeting, accounting, and financial statementsDevelop the capability to perform basic budget and financial analysis of nonprofit/public organizationsImprove communication and writing skills regarding financial matters
- Grading:
Grading will be based on a mid-term exam (25%), a final exam (30%),three individual assignments (15%), a group project (20%), and on class participation (10%).
- Exam Format:
- Class Format:
- Lectures, group discussions, in-class exercises, and student presentations
- 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/55409/1173
- Syllabus:
- http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Spring2017.doc
- Past Syllabi:
- http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Spring2016.doc (Spring 2016)
http://classinfo.umn.edu/syllabi/zrzhao_PA5003_Fall2015.pdf (Fall 2015) - Instructor Supplied Information Last Updated:
- 21 February 2017
Spring 2017 | PA 5003 Section 002: Introduction to Financial Analysis and Management (66947)
- Instructor(s)
- Class Component:
- Lecture
- Instructor Consent:
- No Special Consent Required
- Instruction Mode:
- In Person Term Based
- Times and Locations:
- Second Half of Term04/08/2017Sat 12:00PM - 03:00PMUMTC, West BankHubert H Humphrey Center 2504/29/2017Sat 12:00PM - 03:00PMUMTC, West BankHubert H Humphrey Center 25
- 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:
- http://classinfo.umn.edu/?kiedr003+PA5003+Spring2017
- 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
- Learning Objectives:
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 and submiy via email (You may work with others in completing the assignments.). These will not be graded. You should actively participate in class discussions and class problem-solving. Class discussion, timely assignment completion, and on-line 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 taken at the Humphrey School. 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 in person. 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
First Test 30 points Second Test 30 points Group Project 28 points Class Participation 12 points Total 100 points
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. - 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. Also, students will be able to "attend" sessions in their own homes via a WebEx software system. Students will log into the WebEx system to participate in the problem-solving sessions. 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) turned in via email and reviewed "at home".
2 Exams In person.
1 Group Presentation in person.
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/66947/1173
- Syllabus:
- http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Spring2017.docx
- 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_Fall2015.pdf (Fall 2015)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Summer2015.docx (Summer 2015) - Instructor Supplied Information Last Updated:
- 21 February 2017
Spring 2017 | PA 5003 Section 003: Introduction to Financial Analysis and Management (67792)
- Instructor(s)
- Class Component:
- Discussion
- Times and Locations:
- Second Half of Term03/20/2017 - 04/24/2017Mon 06:00PM - 08:45PMUMTC, West BankVirtual Rooms ONLINEONLY
- Auto Enrolls With:
- Section 002
- 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 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
- Learning Objectives:
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 and submiy via email (You may work with others in completing the assignments.). These will not be graded. You should actively participate in class discussions and class problem-solving. Class discussion, timely assignment completion, and on-line 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 taken at the Humphrey School. 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 in person. 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
First Test 30 points Second Test 30 points Group Project 28 points Class Participation 12 points Total 100 points
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. - 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. Also, students will be able to "attend" sessions in their own homes via a WebEx software system. Students will log into the WebEx system to participate in the problem-solving sessions. 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) turned in via email and reviewed "at home".
2 Exams In person.
1 Group Presentation in person.
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/67792/1173
- Syllabus:
- http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Spring2017.docx
- 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_Fall2015.pdf (Fall 2015)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Summer2015.docx (Summer 2015) - Instructor Supplied Information Last Updated:
- 21 February 2017
Spring 2017 | PA 5003 Section 004: Introduction to Financial Analysis and Management (67791)
- Instructor(s)
- Class Component:
- Discussion
- Times and Locations:
- Second Half of Term03/20/2017 - 04/24/2017Mon 06:00PM - 08:45PMUMTC, West BankHubert H Humphrey Center 184
- Auto Enrolls With:
- Section 002
- 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 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
- Learning Objectives:
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 and submiy via email (You may work with others in completing the assignments.). These will not be graded. You should actively participate in class discussions and class problem-solving. Class discussion, timely assignment completion, and on-line 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 taken at the Humphrey School. 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 in person. 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
First Test 30 points Second Test 30 points Group Project 28 points Class Participation 12 points Total 100 points
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. - 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. Also, students will be able to "attend" sessions in their own homes via a WebEx software system. Students will log into the WebEx system to participate in the problem-solving sessions. 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) turned in via email and reviewed "at home".
2 Exams In person.
1 Group Presentation in person.
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/67791/1173
- Syllabus:
- http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Spring2017.docx
- 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_Fall2015.pdf (Fall 2015)
http://classinfo.umn.edu/syllabi/kiedr003_PA5003_Summer2015.docx (Summer 2015) - Instructor Supplied Information Last Updated:
- 21 February 2017
ClassInfo Links - Spring 2017 Public Affairs Classes
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