Sports, Culture & Event Management PT
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Budgeting & Controlling

level of course unit

second cycle, Master

Learning outcomes of course unit

Students will become familiar with the basic concepts of business administration as well as cost management and financial controlling as management functions. Students will understand and be able to apply planning and control systems that complement the use of traditional cost and income statements and assist the management in strategic decisions, in particular in relation to small and medium sized businesses in the field of sport, culture and event management. Students will also gain awareness of the dominant issues in project management. Furthermore, students will be able to identify the significance of and, in certain cases, apply the tools of direct costing and break-even analysis, applied profit margin calculations, controlling legal costs and overhead value analysis and their related indicator systems. In particular, the balanced scorecard, as a link between strategic controlling and operational control is brought into context through real world examples from the fields of sport, culture and event management. Students will also be able to carry out the planning and budgeting for specific event concepts and identify the starting points for value-oriented controlling. They will be able to assess the resulting competitive advantage through efficient costing structures.

prerequisites and co-requisites

not applicable

course contents

In the course the approaches to value-oriented controlling, as well as well-established tools such as zero-based budgeting, performance measurement or contribution margin accounting will be classified by their significance. The foundations of budgeting, allocation in the planning process and the assessment of both the company and project success with the help of appropriate indicators and performance measurement systems, such as the balanced scorecard, should enable students to determine a suitable control strategy and Key Performance Indicators in real world examples, both in the planning and in the assessment of target deviations.

recommended or required reading

Peter Horvath: Controlling 12. Vollst. überarb. Aufl. Vahlen Verlag München 2011
Jürgen Weber: Einführung in das Controlling 13. Aufl. Schaeffer Poeschel Verlag Stuttgart 2011
Horvath&Partners [Hrsg.] Balanced Scorecard umsetzen 3. Aufl. Schaeffer Poeschel Verlag Stuttgart 2011
Johannes N. Stelling Kostenmanagement und Controlling Oldenbourg Verlag München Wien 2003
Robert Rachlin Praxishandbuch Budgetplanung. Grundlagen und Instrumente für ein erfolgreiches Finanzmanagement. Campusverlag Frankfurt 2001
David Müller [Hrsg.] Controlling für kleinere und mittlere Unternehmen Oldenbourg Verlag München 2009
Carl-Christian Freidank, Elmar Mayer [Hrsg.] Controlling-Konzepte. Neue Strategien und Werkzeuge für die Unternehmenspraxis. 6. Vollst. überarb. Und erw. Aufl. Gabler Verlag Wiesbaden 2003

assessment methods and criteria

written examination

language of instruction


number of ECTS credits allocated


planned learning activities and teaching methods

Integrated course, case studies, discussion, group work

semester/trimester when the course unit is delivered


name of lecturer(s)

Mag. Peter Holzer

year of study

1. year of studies

recommended optional program components

not applicable

course unit code


type of course unit

compulsory (integrated lecture)

mode of delivery

In-class course

work placement(s)

not applicable