Budgeting and Financial Analysis I

This course focuses on the budget cycle and budget decision-making. It includes tools for developing, implementing, and controlling a budget within a, typically, public organization. Topics include development of operating budgets, cash budgets, break-even analysis, cost behavior, the time value of money, capital budgeting, long-term financing, and variance analysis. Basic budget accounting concepts are studied. The course includes development of spreadsheet skills for budgeting. Open to Austin W. Marxe School of Public and International Affairs students and MA in Arts Administration students; others with Marxe School permission.