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Course Syllabus - LUMHS Post RN BSN Finance & Budgeting


LIAQUAT UNIVERSITY OF MEDICAL AND HEALTH SCIENCES (LUMHS)
Post RN BS Nursing Program

Course Syllabus
Title           :         Senior Elective Nursing Management (Finance & Budgeting)
Course No. :         731
Time          :         1 (6 weeks)
Placement  :         Year-II, Semester-II (Overall Semester – IV)

COURSE DESCRIPTION:
This course is designed to provide the BSCN Post RN Student in nursing management to manage a nursing unit budget. It involves the budgeting concept a monitoring of budget.

Course Objectives:
At the end of this course, the student will be able to:
1.     Develop a unit budget for a specific nursing unit.
2.     Monitoring and control basic expenditures with in an overall budget and track expenditures against the budget.
3.     Write budget reports including variance analyses between budget versus expenditure providing rationale for the variances.
4.     Begin to relate the importance of MIS system and computer applications in budget preparation, tracking, controlling & reporting in the health care institutions.

Teaching Learning Strategies:
Lecture, discussion, and small group sessions will be used as teaching leaning strategies.

Course Expectations:
§  Regularity and punctuality
§  Pre and post reading
§  Active class participation
§  Submission of assignment within due date

Evaluation Criteria:
Internal Evaluation:
§  Examination                 10 %
§  Assignment                   10 %

References:
§  Dienemannn, J. (1990) Nursing Administration Strategies perspective and application New York. Appleteon & Lange.
§  Stevens, J.B (1985) The nurse as Executive (3rd ed ) USA ASPEN.
§  Sullivan, E. J & Decker, J.P (2009). Effective Management in Nursing (7th ed. ) California: Addison Wesley Company.


COURSE CONTENT

Finance & Budgeting


Unit – I

Introduction to Budget

§  Definition
§  Types of budget
§  Capital Budget
§  Cash Budget
§  Operating Budget
§  Flexible Budget
§  Fixed
§  Main Power
§  Time for Budget Preparation

Unit – II

Introduction to Finance

§  Staffing budget preparation
§  Drug budget preparation
§  Services budget preparation
§  Nursing division budget
§  Division income expenses
§  Relating the nursing and institutional budget
§  Financial control

Unit – III

Budget

§  Purpose
§  Process
§  Budget as standard

Unit –IV

Budgetary Concepts & Considerations

§  Responsibilities according
§  Motivation aspect
§  Budget period
§  Supply & expense budget funding
§  Monitoring MIS and computer application to financial management



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