MGMT X 430.15 - Fundamentals of Corporate Budgeting

Course Description

Budgeting is a critical step in planning and controlling the day-to-day operations of any business. The budgeting process can also be time-consuming, multi-layered and complex. To streamline this process and ensure more timely and accurate budgets, companies place great value on a formalized process that produces detailed yet flexible budgets that are fully aligned with the strategic goals of the organization. This course introduces students to the fundamental elements of budgeting practiced by businesses for planning and control. Topics include an overview of budgeting and the budget process; various budget types; preparing, monitoring and controlling budgets; cost/profit volume analysis; and capital budgeting vs. operational budgeting. Instruction also includes exercises in budgeting using real-world applications.

Course Outline

Use real-world applications to streamline the budgeting process for planning, control of day-to-day operations for improved accuracy and timeliness.

Notes

Contact:
Philip Williams
(310) 206-1689
pwilliams@unex.ucla.edu

Applies Towards the Following Certificates

Corporate Finance and Financial Strategies : Required Courses
General Business Studies : Electives - Business Management
General Business Studies with Concentration in Accounting : Electives - Business Management
General Business Studies with Concentration in Entrepreneurship : Electives - Business Management
General Business Studies with Concentration in Finance : Finance Requirement, Electives - Business Management
General Business Studies with Concentration in International Trade and Commerce : Electives - Business Management
General Business Studies with Concentration in Leadership : Electives - Business Management
General Business Studies with Concentration in Marketing : Electives - Business Management
General Business Studies with Concentration in Real Estate : Electives - Business Management
Study Abroad at UCLA Program : Required