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The Role of Sports Economics in the Sport Management Curriculum

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management curriculum. One explanation for this may be a lack <strong>of</strong> sports economics courses<br />

<strong>of</strong>fered <strong>in</strong> economics departments around <strong>the</strong> country. Ano<strong>the</strong>r explanation is that, given <strong>the</strong><br />

relatively small size <strong>of</strong> <strong>the</strong> average sport management program, <strong>the</strong>se programs lack faculty<br />

members who are qualified, or <strong>in</strong>terested, <strong>in</strong> teach<strong>in</strong>g a sports economics course. However, it<br />

is unclear why this would not also apply to sports f<strong>in</strong>ance, and sports f<strong>in</strong>ance courses clearly<br />

play a larger role <strong>in</strong> <strong>the</strong> sport management curriculum than does sports economics.<br />

Discussion<br />

Several important po<strong>in</strong>ts about <strong>the</strong> role <strong>of</strong> sports economics <strong>in</strong> sport management emerge<br />

from <strong>the</strong> previous sections. First, enrollment <strong>in</strong> undergraduate and masters level sport man-<br />

agement programs have grown significantly <strong>in</strong> <strong>the</strong> past ten years. This <strong>in</strong>crease <strong>in</strong> enrollment<br />

appears to have led to an <strong>in</strong>crease <strong>in</strong> demand for faculty <strong>in</strong> sport management programs<br />

that has not been met by PhD production by graduate sport management programs. Fur-<br />

<strong>the</strong>rmore, new PhDs <strong>in</strong> sport management do not have adequate research preparation for<br />

academic jobs with a significant research expectation.<br />

Second, clear standards for both undergraduate and masters level sport management<br />

curriculum have emerged. <strong>The</strong>se guidel<strong>in</strong>es represent an attempt to def<strong>in</strong>e sport management<br />

as an academic discipl<strong>in</strong>e and provide employers with a signal about <strong>the</strong> academic preparation<br />

<strong>of</strong> students with sport management degrees. <strong>The</strong>se guidel<strong>in</strong>es explicitly <strong>in</strong>clude economics<br />

<strong>in</strong> sport at <strong>the</strong> undergraduate level and implicitly <strong>in</strong>clude a significant amount <strong>of</strong> economics<br />

<strong>in</strong> o<strong>the</strong>r content areas like sport law and f<strong>in</strong>ancial management <strong>in</strong> <strong>the</strong> graduate guidel<strong>in</strong>es.<br />

<strong>The</strong> SMRC curricular guidel<strong>in</strong>es may create several problems for sport management pro-<br />

grams. First, <strong>the</strong>re is a disconnect between <strong>the</strong> number <strong>of</strong> subject areas def<strong>in</strong>ed by <strong>the</strong><br />

guidel<strong>in</strong>es and <strong>the</strong> recommended staff<strong>in</strong>g for sport management programs. <strong>The</strong> guidel<strong>in</strong>es<br />

recommend at least two full time sport management faculty for undergraduate programs<br />

and at least three full time faculty for graduate programs. This recommendation implies<br />

that, <strong>in</strong> order to cover all eleven undergraduate content areas, <strong>the</strong> two full time faculty <strong>in</strong><br />

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