07:557:151 Mason Gross Interplay

Mason Gross Interplay

Course Number: 07:557:151
Course Format: Seminar
Mode of Instruction: Face-to-face

Mason Gross Interplay is designed to introduce first-year students to the artistic disciplines represented at MGSA, to foster relationships between and within departments, and to develop the skills needed to collaborate. Required for all Mason Gross incoming first-year students. Optional for Mason Gross incoming transfer students.

1 credit(s)

Course Prerequisites and Corequisites: None

Instructor: Scott Ordway,

07:557:201 Practical Finance for Entrepreneurial Creatives Online

Practical Finance for Entrepreneurial Creatives Online

Course Number: 07:557:201
Course Format: Lecture
Mode of Instruction: Online Asynchronous

The course teaches personal and entrepreneurial financial management concepts. It is designed for nonbusiness majors who have already commenced or are contemplating single- and multi-person ventures. Personal financial management topics include goal setting and prioritization; cash management; budgeting; acquiring, managing, and protecting credit in its varying forms; saving and investing; planning for major purchases; evaluating alternative insurance products; and strategies for overcoming financial adversity.

Entrepreneurial financial management topics include understanding the risks and responsibilities that are associated with that undertaking; devising business, strategic and operating plans and budgets; selecting legal, financial, managerial, and promotional advisory firms; choosing an appropriate legal structure for the enterprise; managing financial performance and assessing progress; managing various forms of risk; protecting intellectual property; managing freelance activity; strategies for borrowing money and soliciting investments; overcoming financial adversity; and organizing sales and transfers of business interests.

3 credits

Course Prerequisites and Corequisites: None
Learning Goals of Course

Learning Objectives/Outcomes
Upon completion of the personal financial management section of the course, students should be able to:

  • Construct and manage a personal budget that takes into account their short- and long-term financial goals and objectives
  • Understand proper cash management techniques, manage payroll tax withholdings and file tax returns
  • Understand the importance of saving and investing in the achievement of their personal goals and objectives
  • Plan for major purchases and higher education costs
  • Choose between, manage, and protect consumer-credit alternatives including credit cards, auto loans and leases, student loans and mortgages
  • Understand how insurance works and the types of coverage that are appropriate for their circumstances
  • Weigh the financial, economic and other impacts of the different career choices they may be contemplating
  • Problem-solve their way through day-to-day and moderately complicated situations involving personal financial management and crises

Upon completion of the entrepreneurial financial management section of the course, students should be able to:

  • Assess a venture’s feasibility and their ability to undertake its development and management
  • Construct business, strategic and operating plans to properly guide the enterprise
  • Prudently source legal, financial and managerial representation, and select the appropriate legal structure for the ventures they have in mind
  • Fundamentally understand best financial management practices as they pertain to a commercial venture, and how to arrange for debt and equity financing, when/if needed
  • Fundamentally understand the business-borrowing alternatives, pricing and transaction-structuring considerations
  • Address financial adversity in terms of self-directed remediation, negotiated requests for assistance and, when all else fails, filing for bankruptcy
  • Fundamentally understand the different types of mergers and acquisitions, and other so-called exit strategies including transfers and sales

Required and Recommended Course Materials: Textbook Practical Finance: A Straightforward Guide to Personal and Entrepreneurial Finance by Mitchell D. Weiss. Digital copy provided with course.

Instructors: Mitchell D. Weiss,; Peggy Reed,