film and video production. Majority of the undergraduate courses does not pay much attention to film budgeting. The topics regarding the Cost Reports and Business Plans are sidelined and sidetracked or atleast these headlines don’t receive nay priority in the course curriculum. Better utilization is visible only in Master’s program. The reason for this vacuum is that the academic stream originates from Hollywood production groups. The influence wielded by guilds and unions is responsible for the closely-guarded confidentiality of the production circles. 100% secrecy is still practiced in film circles. Despite this situation, there is a growing clamor to know more about financing and budgeting in film production. The upcoming batches of producers and directors are interested in starting their own projects, arranging funds, budgeting and reporting of total expenditure
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