MSC IND 10A
Finance and Accounting in Music Industry I
Description: Lecture, three hours. Introduction to how money works in both nonprofit and for-profit music industries, including practical management of funds, budgeting (including tour budgets), fee scales, servicing agreements, issues pertaining to trade unions, and various modes of accounting for salary, royalties, local and international taxation, streaming revenues, licensing payments, and other income and expenditure. Letter grading.
Units: 4.0
Units: 4.0
Most Helpful Review
Fall 2023 - The best compliment I can give this class is that Professor Beamer seems to genuinely care about his students. He responds to emails and every single student's weekly discussion posts in an extremely efficient way. I'm sure he's a nice guy outside of finance class, but this efficiency does not extend to the actual lecturing part of his job. We were given a ridiculously dense finance textbook for our required readings, the content of which Professor Beamer never went over in any of his lectures, which happened twice a week for around 3 hours in total during which he talked a lot about nothing. This meant that most of my learning this quarter was from the Internet, which is okay here and there, but not okay if you basically end up teaching yourself all of the course material for ten weeks straight, because then what is the point in going to class at all? Furthermore, Professor Beamer would post even more recorded lectures online for us to view outside of class, during which he did actually go over some concepts, but it ended up not making sense why we were essentially being told to go to class outside our in-person class time since this was never meant to be a bimodal class. To succeed in this class, you had to go astronomically above and beyond to understand concepts independently, the cost of which greatly outweighs the knowledge that you gain.
Fall 2023 - The best compliment I can give this class is that Professor Beamer seems to genuinely care about his students. He responds to emails and every single student's weekly discussion posts in an extremely efficient way. I'm sure he's a nice guy outside of finance class, but this efficiency does not extend to the actual lecturing part of his job. We were given a ridiculously dense finance textbook for our required readings, the content of which Professor Beamer never went over in any of his lectures, which happened twice a week for around 3 hours in total during which he talked a lot about nothing. This meant that most of my learning this quarter was from the Internet, which is okay here and there, but not okay if you basically end up teaching yourself all of the course material for ten weeks straight, because then what is the point in going to class at all? Furthermore, Professor Beamer would post even more recorded lectures online for us to view outside of class, during which he did actually go over some concepts, but it ended up not making sense why we were essentially being told to go to class outside our in-person class time since this was never meant to be a bimodal class. To succeed in this class, you had to go astronomically above and beyond to understand concepts independently, the cost of which greatly outweighs the knowledge that you gain.