The purpose of this certificate is to equip professionals at different levels with the necessary knowledge and skills for interpreting and assessing financial information. Participants master the competencies of making optimal financial decisions which in turn may produce the maximum financial benefits for hospitality organisations and their shareholders. Finally, participants will be able to develop and unfold the necessary financial skills that will make them more competitive and marketable leaders in the hospitality industry.
Upon successful completion of this certificate you will be able to:
- Master the purpose and mechanics of financial reports
- Measure and analyse financial performance by using a variety of methods
- Produce operating budgets and assess operating outcomes for decision making
- Explore and apply the value of Cost-Volume-Profit (C-V-P) analysis on operating results
- Identify and apply menu engineering practices for pricing and selling decisions
- Assess and apply an assortment of pricing practices for hospitality operations.
This certificate consists of the following courses:
- Understanding Financial Statements
- Financial Statement Analysis
- Budgeting
- Cost-Volume-Profit Analysis (C-V-P)
- Menu Engineering
- Pricing Methods
Code: FIN510
Duration: 6 weeks
Equivalent Credits: 3 U.S./10 U.K.
Courses: 6
Award: Certificate of Completion in ‘Finance for Hospitality and Tourism’.
Price: $590
Reviews
There are no reviews yet.