Belmont, Avenue Bank Team For Music Biz Finance Course

Belmont University has teamed with Avenue Bank for a new class focusing on music industry personal finance and banking. The course will be offered this fall through Belmont’s Mike Curb College of Entertainment & Music Business (CEMB).

Avenue Bank developed the curriculum which includes industry-specific case studies, loan examples, finance for entrepreneurs, and personal finance.

It will also delve into what makes music industry banking so unique, such as loans where collateral is based on intellectual property instead of more traditional assets. The curriculum covers cash flow for performing artists and musicians, which can vary greatly and doesn’t fit a traditional monthly income model.

Avenue’s Ron Cox will lead the class, and bring in colleagues as guest instructors.

The course was created in response to student feedback during last year’s Curb College strategic planning process.

More exciting news from Belmont:

• The university’s bachelor’s degree program in Audio Engineering Technology is the first program of its kind to receive full accreditation under ABET standards.

• The university’s Belmont Heights Baptist Church is undergoing a $7 million renovation to become a large concert venue suitable for acoustic performances. With an expected completion date of May 2012, the new Concert Hall will host performances of the university’s classical choral and instrumental ensembles, as well as the Nashville Children’s Choir and other community groups.