Undergraduate Finance Association Budget
FY2014 (July 1, 2013 - June 30, 2014)
UFA's goals include providing knowledge of finance for all those interested in learning about financial markets, developing and maintaining a network of alumni and friends in finance and on Wall Street who can share their experiences with students back at Carnegie Mellon, creating simulations and case competitions that allow students to simulate actual events from the finance world, hosting information sessions and speaking engagements relating to the finance industry, and organizing a variety of other campus events relating to our mission.
JFC Rep: Niharika Ray (nray)
Summary
| Requested | |
|---|---|
| Expenditures | $4,650.00 |
| Capital | $0.00 |
| Revenue | ($2,700.00) |
| Final | $1,950.00 |
| Recommended | |
|---|---|
| Expenditures | $4,330.00 |
| Capital | $0.00 |
| Revenue | ($3,300.00) |
| Final | $1,030.00 |
| Final | |
|---|---|
| Expenditures | $4,330.00 |
| Capital | $0.00 |
| Revenue | ($3,300.00) |
| Debt | ($0.00) |
| Rollover | ($0.00) |
| Total Subsidy | $1,030.00 |
| FY14 Starting Balance | $1,030.00 |
Income and Revenue
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Revenue-Donations/Other Income (-) | $2,500.00 | $2,500.00 | $2,500.00 |
The Tepper School of Business donates annually to fund Network Manhattan. |
| Revenue-Donations/Other Income (-) | $200.00 | $200.00 | $200.00 |
Donations from corporate sponsors to fund two annual case competitions. |
| Revenue-Donations/Other Income (-) | $0.00 | $600.00 | $600.00 |
The JFC will fund $100 per semester for food for recruitment events, $2 per person per semester for meeting food, $200 per semester for food at events, and will not fund personal events. This additional revenue is required as the food for events category has a budget bigger than the JFC will fund. |
| Sub-Total | -$2,700.00 | -$3,300.00 | -$3,300.00 |
Professor Dinner
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Catering (+) | $250.00 | $0.00 | $0.00 |
To subsidize the cost for dinner for 15 students and professor. The JFC does not fund personal meals. |
| Sub-Total | $250.00 | $0.00 | $0.00 |
Case Competitions
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Advertising and Publicity (+) | $70.00 | $70.00 | $70.00 |
Print advertising (flyers) to post around campus. |
| Food-Refreshments for Events (+) | $500.00 | $500.00 | $500.00 |
To cover cost of refreshments for sponsors, judges, participants for two day long events. |
| Ops-General Supplies (+) | $150.00 | $150.00 | $150.00 |
Folders, pens, name tags, markers for all contestants and judges. |
| Ops-Program Expenses (+) | $150.00 | $150.00 | $150.00 |
To purchase the cases from the Harvard Business School. |
| Sub-Total | $870.00 | $870.00 | $870.00 |
General Body Meetings
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Refreshments for General Body Meetings (+) | $200.00 | $200.00 | $200.00 |
To cover the cost of food (pizza, soda, etc.) for more than 50+ members for two GBMs (one per semester). |
| Ops-Advertising and Publicity (+) | $100.00 | $100.00 | $100.00 |
To cover the cost of print advertising. |
| Sub-Total | $300.00 | $300.00 | $300.00 |
Wall Street 101
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Refreshments for Events (+) | $300.00 | $300.00 | $300.00 |
Food for weekly Wall Street 101 lectures/discussions for students. |
| Ops-Advertising and Publicity (+) | $50.00 | $40.00 | $40.00 |
Print advertising. |
| Sub-Total | $350.00 | $340.00 | $340.00 |
Network Manhattan
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Rental Facilities (+) | $2,000.00 | $2,000.00 | $2,000.00 |
Renting the venue for Network Manhattan: an event held in downtown Manhattan each summer for students to interact with alumni in the finance field. |
| Food-Refreshments for Events (+) | $500.00 | $500.00 | $500.00 |
Refreshments for alumni guests, students, staff and recruiters. |
| Sub-Total | $2,500.00 | $2,500.00 | $2,500.00 |
UFA Website
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Advertising and Publicity (+) | $100.00 | $50.00 | $50.00 |
Cost for maintaining our domain (CMUfinanceclub.com). This is based on actual costs of maintaining your domain. |
| Sub-Total | $100.00 | $50.00 | $50.00 |
Guest Speaker Events
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Refreshments for Events (+) | $200.00 | $200.00 | $200.00 |
Refreshments for guest speakers and students. |
| Ops-Advertising and Publicity (+) | $50.00 | $40.00 | $40.00 |
To cover the cost of printing flyers to be distributed around campus. |
| Ops-General Supplies (+) | $30.00 | $30.00 | $30.00 |
Name tags, water bottles for guest speakers. |
| Sub-Total | $280.00 | $270.00 | $270.00 |
By Object Code
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Catering (+) | $250.00 | $0.00 | $0.00 | To subsidize the cost for dinner for 15 students and professor. |
| Food-Refreshments for Events (+) | $500.00 | $500.00 | $500.00 | To cover cost of refreshments for sponsors, judges, participants for two day long events. |
| Food-Refreshments for Events (+) | $300.00 | $300.00 | $300.00 | Food for weekly Wall Street 101 lectures/discussions for students. |
| Food-Refreshments for Events (+) | $500.00 | $500.00 | $500.00 | Refreshments for alumni guests, students, staff and recruiters. |
| Food-Refreshments for Events (+) | $200.00 | $200.00 | $200.00 | Refreshments for guest speakers and students. |
| Food-Refreshments for General Body Meetings (+) | $200.00 | $200.00 | $200.00 | To cover the cost of food (pizza, soda, etc.) for more than 50+ members for two GBMs (one per semester). |
| Ops-Advertising and Publicity (+) | $70.00 | $70.00 | $70.00 | Print advertising (flyers) to post around campus. |
| Ops-Advertising and Publicity (+) | $100.00 | $100.00 | $100.00 | To cover the cost of print advertising. |
| Ops-Advertising and Publicity (+) | $50.00 | $40.00 | $40.00 | Print advertising. |
| Ops-Advertising and Publicity (+) | $100.00 | $50.00 | $50.00 | Cost for maintaining our domain (CMUfinanceclub.com). |
| Ops-Advertising and Publicity (+) | $50.00 | $40.00 | $40.00 | To cover the cost of printing flyers to be distributed around campus. |
| Ops-General Supplies (+) | $150.00 | $150.00 | $150.00 | Folders, pens, name tags, markers for all contestants and judges. |
| Ops-General Supplies (+) | $30.00 | $30.00 | $30.00 | Name tags, water bottles for guest speakers. |
| Ops-Program Expenses (+) | $150.00 | $150.00 | $150.00 | To purchase the cases from the Harvard Business School. |
| Ops-Rental Facilities (+) | $2,000.00 | $2,000.00 | $2,000.00 | Renting the venue for Network Manhattan: an event held in downtown Manhattan each summer for students to interact with alumni in the finance field. |
| Revenue-Donations/Other Income (-) | $2,500.00 | $2,500.00 | $2,500.00 | The Tepper School of Business donates annually to fund Network Manhattan. |
| Revenue-Donations/Other Income (-) | $200.00 | $200.00 | $200.00 | Donations from corporate sponsors to fund two annual case competitions. |
| Revenue-Donations/Other Income (-) | $0.00 | $600.00 | $600.00 |
By Ocode
| Requested | |
|---|---|
| Food-Catering | $250.00 |
| Food-Refreshments for Events | $1,500.00 |
| Food-Refreshments for General Body Meetings | $200.00 |
| Ops-Advertising and Publicity | $370.00 |
| Ops-General Supplies | $180.00 |
| Ops-Program Expenses | $150.00 |
| Ops-Rental Facilities | $2,000.00 |
| Revenue-Donations/Other Income | $2,700.00 |
| Recommended | |
|---|---|
| Food-Catering | $0.00 |
| Food-Refreshments for Events | $1,500.00 |
| Food-Refreshments for General Body Meetings | $200.00 |
| Ops-Advertising and Publicity | $300.00 |
| Ops-General Supplies | $180.00 |
| Ops-Program Expenses | $150.00 |
| Ops-Rental Facilities | $2,000.00 |
| Revenue-Donations/Other Income | $3,300.00 |
| Final | |
|---|---|
| Food-Catering | $0.00 |
| Food-Refreshments for Events | $1,500.00 |
| Food-Refreshments for General Body Meetings | $200.00 |
| Ops-Advertising and Publicity | $300.00 |
| Ops-General Supplies | $180.00 |
| Ops-Program Expenses | $150.00 |
| Ops-Rental Facilities | $2,000.00 |
| Revenue-Donations/Other Income | $3,300.00 |
Summary
| Requested | |
|---|---|
| Expenditures | $4,650.00 |
| Capital | $0.00 |
| Revenue | ($2,700.00) |
| Final | $1,950.00 |
| Recommended | |
|---|---|
| Expenditures | $4,330.00 |
| Capital | $0.00 |
| Revenue | ($3,300.00) |
| Final | $1,030.00 |
| Final | |
|---|---|
| Expenditures | $4,330.00 |
| Capital | $0.00 |
| Revenue | ($3,300.00) |
| Debt | ($0.00) |
| Rollover | ($0.00) |
| Total Subsidy | $1,030.00 |
| FY14 Starting Balance | $1,030.00 |