An Introduction to Finance and Cashier Management in Hospitality
Module Description
This is an introductory module on financial and management accounting and it provides students with the required financial knowledge of hospitality organisations. Students will learn how to read and analyse financial statements and understand basic techniques to manage costs and capital investment decisions.
The module will emphasise on various aspects of financial management which involves: Time value of money, discounted cash flow analysis, capital budgeting and net present value calculations.
Entry Requirements
Candidates who apply for this course must possess the following:
- a qualification at MQF Level 4 (one ‘A’ Level or equivalent in any subject);
AND
- a pass in English Language and Mathematics at MQF Level 3.
Preference is given to applicants having a year of work experience in an area related to this study programme.
Target Audience
This course is targeted at:
- individuals seeking academic and professional advancement in Hospitality;
- mid-career break professionals looking for opportunities to return or change their career.
Career Paths
The possible positions for which this programme aims to prepare you for include, but are not limited to:
- front office manager
- operations supervisor/manager
- customer service manager
How you’ll be assessed
The method of assessment is assignment-based.
The module comprises
- 6 lectures per module;
- 3-hour lectures (evening);
- 12 hours of online content per module, comprising asynchronous online discussions, tutorials and/or videos.