FNCE350 — Financial Management in Hospitality
FNCE 350 - Financial Management in Hospitality FNCE 350 - Financial Management in Hospitality Description This course explores financial strategies and techniques for analyzing business performance and decision-making in the hospitality industry. Topics include budget flexibility, contribution margins, and the strengths and weaknesses of master-budgeting models. Core skills taught in this course include analyzing budget variance, using cost/volume/profit (CVP) relationships to calculate break-even and contribution margins, conducting “what if” analysis and applying hospitality industry cost items, concepts and classifications. These skills will you become a proactive decision-maker who understands complex financial matters in the hospitality industry. 3 Credits Time Guidelines The standard instructional time for this course is 45 hours. Prerequisites ACCT 206
Prerequisites: ACCT206
Part of
- Hospitality and Tourism Management - Beverage Management
- Hospitality and Tourism Management - Entrepreneurship and Innovation
- Hospitality and Tourism Management - Event Management
- Hospitality and Tourism Management - Hotels and Accommodation
- Hospitality and Tourism Management - Multi-Disciplinary
- Hospitality and Tourism Management - Restaurant and Service Operations
- Hospitality and Tourism Management - Travel and Tourism