How to apply financial principles to personal and professional decisions, explain work-related insurance, and describe the relationship between revenue generation, expense categories, and compensation including benefits.
Athena Title
Personal and Prof Dev IIIb
Prerequisite
Permission of department
Pre or Corequisite
Enrollment in the third year of the Doctor of Veterinary Medicine curriculum
Semester Course Offered
Offered spring
Grading System
S/U (Satisfactory/Unsatisfactory)
Student learning Outcomes
Students will be able to discuss trends and earnings in different veterinary sectors.
Students will be able to define financial terms used on North American Veterinary Licensing Exam.
Students will be able to recognize barriers and limitations to production and pay.
Students will be able to develop communication and marketing strategies based on a practice’s culture, client needs, standard of care, branding, and systems.
Students will be able to identify work flow inefficiencies that contribute to reduced earnings and negatively impact effective communication and patient care skills.
Students will be able to appreciate the benefits of professional liability insurance.
Students will be able to lead staff through hiring, training, and delegating.
Students will be able to create a strategy to properly manage debt.
Students will be able to set future personal and budgeting goals.
Students will be able to identify positive and undesirable components to a job contract and how to negotiate needs.
Topical Outline
Course introduction
Industry trends
Introduction to financial terminology
Common practice barriers for professional compensation
First year compensation, benefits and budget
Practice culture, leadership, and performance
Professional liability insurance
Human resource law, leadership and employee relationships
Getting yourself in financial order before you graduate
Thinking strategically about your debt
Mentorship - who, what, when, where, why?
Assessing your job opportunities: research, resumes, and an introduction to job contracts
