Description
Course Contents:
Unit 1: Introduction to Financial Management
- Basic financial concepts.
- Role of financial management in hospitality.
Unit 2: Financial Statement Analysis
- Understanding financial statements.
- Analyzing financial performance.
Unit 3: Budgeting in Hospitality
- Preparing budgets.
- Monitoring and controlling budgets.
Unit 4: Cost Control Strategies
- Identifying and managing costs.
- Cost reduction techniques.
Unit 5: Revenue Management
- Principles of revenue management.
- Strategies to maximize revenue.
Unit 6: Investment and Financing Decisions
- Capital budgeting.
- Financing options for hospitality businesses.
Unit 7: Risk Management
- Identifying financial risks.
- Developing risk mitigation strategies.
Unit 8: Financial Planning and Forecasting
- Long-term financial planning.
- Forecasting financial performance.
Unit 9: Performance Measurement
- Key performance indicators.
- Benchmarking financial performance.
Unit 10: Capstone Project
- Developing a financial management plan.
- Applying financial strategies learned in the course.
Evaluation:
- Participation and Engagement (20%)
- Case Studies and Projects (30%)
- Midterm and Final Exams (30%)
- Capstone Project (20%)
AC Language School online continuing education certifications offer a modern, innovative approach to learning for the global market. Our certifications are composed of interactive components such as multimedia, simulations, and virtual reality activities that are tailored to various learning styles and cultures. These components help create an engaging and immersive learning environment for participants. We also provide video instruction which can be used to quickly understand concepts or review material in the future. Additionally, we incorporate social elements like discussion forums, assignments, and gamification to encourage participant engagement with the course material. With our cutting-edge online education courses, learners can gain knowledge quickly while having a dynamic experience.
- Interactive activities and learning path
- Instant access to our platform/multimedia content
- 1-year full access to the purchased courses
