Undergraduate Finance Association Budget

FY2012 (July 1 2011 - June 30, 2012)

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:

Summary

Requested
Expenditures $4,575.00
Capital $0.00
Revenue ($2,500.00)
Final $2,075.00
Recommended
Expenditures $4,525.00
Capital $0.00
Revenue ($3,350.00)
Final $1,175.00
Final
Expenditures $4,525.00
Capital $0.00
Revenue ($3,350.00)
Debt ($0.00)
Rollover ($0.00)
Total Subsidy $1,175.00
FY12 Starting Balance $1,175.00

Revenue

Object Code Requested Recommended Final Description
Membership and Dues (-) $100.00 $100.00 $100.00

$5 dues - estimate based on past years dues

Donations/Contributions (-) $400.00 $400.00 $400.00

Misc. funding from Tepper for refreshments, etc.

Donations/Contributions (-) $1,500.00 $2,000.00 $2,000.00

Funding from Tepper specifically for Network Manhattan, cannot be used towards any other line items in budget besides Network Manhattan

Exclusive event, not in Pittsburgh

Donations/Contributions (-) $300.00 $300.00 $300.00

Case Competition Funding - past sponsors include PNC and BAML

Other Sales (-) $200.00 $200.00 $200.00

Estimated Revenue from T-shirt sale - $10 t-shirts

Donations/Contributions (-) $0.00 $350.00 $350.00

Professor Dinner

Sub-Total -$2,500.00 -$3,350.00 -$3,350.00

Case Competition

Object Code Requested Recommended Final Description
Advertising Public Relations (+) $75.00 $75.00 $75.00

Advertising for case competitions on campus (flyers, posters, etc.)

Refreshments (+) $500.00 $500.00 $500.00

Used for purcashing food and drinks for judges/sponsors and participants for two daylong events

Periodicals (+) $150.00 $150.00 $150.00

Used for purchasing cases from the Harvard Business Review

Office Supplies (+) $100.00 $100.00 $100.00

Misc. supplies - folders, pens/pencils, nametags, markers, etc. for all contestants/judges

Sub-Total $825.00 $825.00 $825.00

Professor Dinners

Object Code Requested Recommended Final Description
Meals Domestic (+) $350.00 $350.00 $350.00

Used to subsidize the cost of dinner outings with professors for students and completely pay for the professor's meal - about 2 per semester

We ask that this be covered b/c it's personal

Advertising Public Relations (+) $50.00 $0.00 $0.00

Advertising for professor dinner events on campus (flyers, posters, etc.)

Sub-Total $400.00 $350.00 $350.00

Wall Street Intern Panel

Object Code Requested Recommended Final Description
Refreshments (+) $100.00 $100.00 $100.00

refreshments should cover food and drink for 20 - Q&A discussion between students and Wall Street Interns

Advertising Public Relations (+) $50.00 $50.00 $50.00

Advertising for Wall Street Intern Panel (flyers, posters, etc.)

Other Supplies (+) $25.00 $25.00 $25.00

Nametags, water bottles for speakers

Sub-Total $175.00 $175.00 $175.00

Guest Speaker Events

Object Code Requested Recommended Final Description
Refreshments (+) $400.00 $400.00 $400.00

Funding should cover about 6 guest speaker events per year with about 30 students attending each event

Advertising Public Relations (+) $100.00 $100.00 $100.00

Advertising for guest speaker events (flyers, posters, etc.)

Other Supplies (+) $50.00 $50.00 $50.00

Nametags, water bottles for speakers

Sub-Total $550.00 $550.00 $550.00

General Body Meetings

Object Code Requested Recommended Final Description
Refreshments (+) $200.00 $200.00 $200.00

Funding should cover food and drink for 40+ students per GBM - one per semester

Advertising Public Relations (+) $50.00 $50.00 $50.00

Advertising for GBM

Office Supplies (+) $25.00 $25.00 $25.00

Nametags, pens/markers

Sub-Total $275.00 $275.00 $275.00

Network Manhattan

Object Code Requested Recommended Final Description
Rental-Facilities (+) $2,000.00 $2,000.00 $2,000.00

Seperate from Tepper Funding - This venue is held in NY for a networking event between CMU students and alumni in finance - free for all attendees

Sub-Total $2,000.00 $2,000.00 $2,000.00

UFA On-Campus Social Networking Events

Object Code Requested Recommended Final Description
Refreshments (+) $300.00 $300.00 $300.00

Members can meet either in general socials or focused meetings with MBAs, Professors, Wall Street Interns

Advertising Public Relations (+) $50.00 $50.00 $50.00

Advertising for on-campus networking events

Sub-Total $350.00 $350.00 $350.00

By Object Code

Object Code Requested Recommended Final Description
Advertising Public Relations (+) $75.00 $75.00 $75.00 Advertising for case competitions on campus (flyers, posters, etc.)
Advertising Public Relations (+) $50.00 $0.00 $0.00 Advertising for professor dinner events on campus (flyers, posters, etc.)
Advertising Public Relations (+) $50.00 $50.00 $50.00 Advertising for Wall Street Intern Panel (flyers, posters, etc.)
Advertising Public Relations (+) $100.00 $100.00 $100.00 Advertising for guest speaker events (flyers, posters, etc.)
Advertising Public Relations (+) $50.00 $50.00 $50.00 Advertising for GBM
Advertising Public Relations (+) $50.00 $50.00 $50.00 Advertising for on-campus networking events
Donations/Contributions (-) $400.00 $400.00 $400.00 Misc. funding from Tepper for refreshments, etc.
Donations/Contributions (-) $1,500.00 $2,000.00 $2,000.00 Funding from Tepper specifically for Network Manhattan, cannot be used towards any other line items in budget besides Network Manhattan
Donations/Contributions (-) $300.00 $300.00 $300.00 Case Competition Funding - past sponsors include PNC and BAML
Donations/Contributions (-) $0.00 $350.00 $350.00 Professor Dinner
Meals Domestic (+) $350.00 $350.00 $350.00 Used to subsidize the cost of dinner outings with professors for students and completely pay for the professor's meal - about 2 per semester
Membership and Dues (-) $100.00 $100.00 $100.00 $5 dues - estimate based on past years dues
Office Supplies (+) $100.00 $100.00 $100.00 Misc. supplies - folders, pens/pencils, nametags, markers, etc. for all contestants/judges
Office Supplies (+) $25.00 $25.00 $25.00 Nametags, pens/markers
Other Sales (-) $200.00 $200.00 $200.00 Estimated Revenue from T-shirt sale - $10 t-shirts
Other Supplies (+) $25.00 $25.00 $25.00 Nametags, water bottles for speakers
Other Supplies (+) $50.00 $50.00 $50.00 Nametags, water bottles for speakers
Periodicals (+) $150.00 $150.00 $150.00 Used for purchasing cases from the Harvard Business Review
Refreshments (+) $500.00 $500.00 $500.00 Used for purcashing food and drinks for judges/sponsors and participants for two daylong events
Refreshments (+) $100.00 $100.00 $100.00 refreshments should cover food and drink for 20 - Q&A discussion between students and Wall Street Interns
Refreshments (+) $400.00 $400.00 $400.00 Funding should cover about 6 guest speaker events per year with about 30 students attending each event
Refreshments (+) $200.00 $200.00 $200.00 Funding should cover food and drink for 40+ students per GBM - one per semester
Refreshments (+) $300.00 $300.00 $300.00 Members can meet either in general socials or focused meetings with MBAs, Professors, Wall Street Interns
Rental-Facilities (+) $2,000.00 $2,000.00 $2,000.00 Seperate from Tepper Funding - This venue is held in NY for a networking event between CMU students and alumni in finance - free for all attendees

By Ocode

Requested
Advertising Public Relations $375.00
Donations/Contributions $2,200.00
Meals Domestic $350.00
Membership and Dues $100.00
Office Supplies $125.00
Other Sales $200.00
Other Supplies $75.00
Periodicals $150.00
Refreshments $1,500.00
Rental-Facilities $2,000.00
Recommended
Advertising Public Relations $325.00
Donations/Contributions $3,050.00
Meals Domestic $350.00
Membership and Dues $100.00
Office Supplies $125.00
Other Sales $200.00
Other Supplies $75.00
Periodicals $150.00
Refreshments $1,500.00
Rental-Facilities $2,000.00
Final
Advertising Public Relations $325.00
Donations/Contributions $3,050.00
Meals Domestic $350.00
Membership and Dues $100.00
Office Supplies $125.00
Other Sales $200.00
Other Supplies $75.00
Periodicals $150.00
Refreshments $1,500.00
Rental-Facilities $2,000.00

Summary

Requested
Expenditures $4,575.00
Capital $0.00
Revenue ($2,500.00)
Final $2,075.00
Recommended
Expenditures $4,525.00
Capital $0.00
Revenue ($3,350.00)
Final $1,175.00
Final
Expenditures $4,525.00
Capital $0.00
Revenue ($3,350.00)
Debt ($0.00)
Rollover ($0.00)
Total Subsidy $1,175.00
FY12 Starting Balance $1,175.00