Portland Community College | Portland, Oregon

Course Number:
MSD 216
Course Title:
Budgeting for Managers
Credit Hours:
Lecture Hours:
Lecture/Lab Hours:
Lab Hours:
Special Fee:

Course Description

Examines budgeting vocabulary, finance principles, record keeping techniques, cash management, cash budgeting and capital budgeting. Prerequisites: BA 111, BA 211 or instructor permission. Recommended: Work-related budgeting experience. Audit available.

Intended Outcomes for the course

Plan, execute, and control a budget in alignment with company goals.

Evaluate impact of budget results on financial reports.

Explain and provide support for variances in a budget to management.

Outcome Assessment Strategies

  • Apply individual and/or group skill-building activities such discussions, as role-plays", case studies, or other exercises geared toward critical analysis of course concepts.
  • Use written assignments or oral reports designed to integrate course material into personal experience or experiences of others.
  • Complete exams comprised of essay and/or objective questions", or an individual and/or team project or paper which requires integration, application, and critical examination of course concepts, issues, and themes.

Course Content (Themes, Concepts, Issues and Skills)


  • Planning
  • Forecasting/estimating time and resources
  • Accountability
  • Selection of appropriate budgeting process
  • Analyze budget results
  • Read financial statements
  • Document and explain budget variances
  • Present budget results orally and in writing
  • Explain budgeting process to a work group
  • Decision making

General Concepts

  • Rationale and purpose of budgeting
  • Financial reports
  • Management and supervisory roles and control
  • Cost allocation
  • Profit and cash flow
  • Forecasting
  • Accounting process


  • Budgeting process and procedures
  • Alignment with organization goals
  • Role of finance and accounting


  • Budget variances
  • Cost control strategies
  • Appropriate use of technology