FINANCIAL MANAGEMENT IN HOSPITALITY (2 Credits)

Learning Outcomes:

On successful completion of this course, students will be able to: LO1 – Explain the principles of financial statements in hospitality industry; LO2 – Outline basic understanding of financial analysis in hospitality industry; LO3 – interpret financial statement and other report related to financial department.

Topics:

1. An Overview of Financial Management;
2. Financial Markets and Institutions;
3. Financial Statements, Cash Flows, and Taxes;
4. Analysis Of Financial Statements;
5. Time Value of Money;
6. Interest Rates;
7. Bonds and their Valuation;
8. Risk and Return;
9. Stocks and their valuation;
10. Automating Financial Reports with AI for Efficiency and Accuracy 1;
11. Automating Financial Reports with AI for Efficiency and Accuracy 2;
12. Automating Financial Reports with AI for Efficiency and Accuracy 3;
13. The Cost of Capital.