Advanced Certificate in Event Management and Entertainment: Event Budgeting & Profit Strategy
- Hospitality & Lifestyle
- Innovation & Business Improvement
This module is part of the Advanced Certificate in Event Management and Entertainment and Advanced Certificate in Virtual Production.
This programme is conducted on-campus.
4 days
Weeknights (7pm - 10.30pm)
Saturday (9am - 1.30pm)
Who Should Attend
Executives, Managers and Directors in the following areas:
- Marketing
- Sponsorship
- Business Development
- Event Management/ Sales/ Operations
- Content and Experience Development
- MICE
- Production crew
Overview
This course teaches participants how to prepare and analyse event budgets, and perform profit and loss projections for an event idea. Participants will be guided through a step-by- step process to explore how events and projects can reduce costs and improve yield, and whether partnerships with other companies can help achieve the overall project goals.
Learning Objectives
- Learn how to prepare and analyse event budgets
- Learn how events and projects can reduce costs and improve yield
- Develop profit strategy for events
Topic/Structure
- Event budgeting: Fundamentals and P&L analysis
- How to develop, understand and analyse the Profit & Loss statements
- Learn to perform an accurate financial projection of the project's balance sheet
- Industry session with Clarence Chan, CEO Bandwagon
Assessment
- Classroom exercises
- Project presentations
CERTIFICATION
Upon meeting the attendance and assessment criteria, participants will be awarded a digital certificate for participating in each module. Please refer to our course policies to view the attendance and assessment criteria.
Upon completion of all modules required for this programme within a maximum duration of 3 years, participants will be awarded a digital certificate.
Calculate Programme Fee
Fee Table
| COMPANY-SPONSORED | |||
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
SME |
NON-SME |
|
Singapore Citizen < 40 years old Permanent Resident LTVP+
|
$523.20 (After SSG Funding 70%) |
$203.20 (After SSG Funding 70% |
$523.20 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$203.20 (After SSG Funding 70% |
$203.20 (After SSG Funding 70% |
$203.20 (After SSG Funding 70% |
|
International Participant |
$1,744 (No Funding) |
$1,744 (No Funding) |
$1,744 (No Funding) |
All prices include 9% GST
Please note that the programme fees are subject to change without prior notice.
Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.
Self Sponsored
SkillsFuture Credit
Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.
This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.
Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).Workfare Skills Support Scheme
From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.
Company Sponsored
Enhanced Training Support for SMEs (ETSS)
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents
- Trainees must not be a full-time national serviceman
- Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.
Please click here for more information on ETSS.
Absentee Payroll
Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
Intake Information
Intake 8: 15 & 17 Apr 2024 [Registration Closed]
Intake 9: To be advised
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