A film or TV budget is the total amount of money allocated to produce and complete the production, from its earliest development stages through post-production and delivery.

It represents a detailed financial plan that estimates and controls the costs required to turn a script into a finished product. This includes planning for creative, technical, logistical, and administrative expenses, and it serves as a framework for financial decision-making throughout the production process. The budget helps producers and financiers determine whether a project is feasible and how resources should be distributed.

The budget typically covers categories such as development, pre-production, production, and post-production. It accounts for expenses like cast and crew compensation, equipment, locations, set construction, costumes, visual effects, editing, sound design, insurance, permits, and contingency funds for unexpected costs. A well-prepared budget ensures that spending is tracked and managed efficiently, helping to keep the project on schedule and within its financial limits.

This course is perfect for Accountants, Production Managers, Producers, Studio Executives, and more

Please note you will require a subscription to Movie Magic Budgeting 10, available from Entertainment Partners. Contact us for more information.

  • Learn on demand, at your own pace

  • Step-by-step videos explaining every detail on a call sheet

  • Downloadable templates, free for you to use

Course curriculum

    1. Introduction

    2. Budgeting Resources

    3. Sample Documents

    1. Jargon

    1. Fringes

    2. Globals

    3. Sets

    4. Currencies

    5. Groups

    6. Labour

    7. Purchases & Rentals

    8. Knowledge Review: Elements of a budget

    1. Why are we talking about Principles?

    2. Theory of Budgeting & Costing

    3. G.A.A.P

    4. What Makes a Budget More Difficult To Make?

    5. Risk Management

    6. Being Over or Under Budget

    7. Budget Sizes

    8. Knowledge Review: Principles of Budgeting

    1. Budget Exchange Rates

    2. Exercise: Working with Budget Rates

    3. Exercise: Calculating a Budget Exchange Rate

    4. Knowledge Review: Budgeting in different currencies

    1. Budget Structure

    2. Department Budgets

    3. Knowledge Review: Budget Structure

About this course

  • £1,000.00
  • 64 lessons
  • 3 hours of video content

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