6 Credits (ECTS)
Finance for Non-Financial Managers
Financial knowledge is critical to business success. Today’s fast-paced hospitality business environment demands a dynamic blend of finance knowledge, strategic thinking and a highly practical approach. The main reason underlying this module, is to provide professionals who do not have a financial background, with an appreciation of the differences between Financial Accounting, Management Accounting and Financial Management.
Candidates who apply for this course must possess one of the following:
- a Level 6 degree and 3 years’ work experience;
- a Level 5 diploma or higher diploma and 5 years’ work experience in a supervisory or managerial role.
Preference is given to applicants having a Level 6 degree in a discipline related hospitality and a minimum of 3 years’ work experience in management within the industry.
This course is targeted at hospitality professionals with supervisory and/or middle management experience such as:
- event manager/coordinator
- restaurant manager
- reception manager
- shift manager/supervisor
- marketing and sales manager
- guest services manager/supervisor
- housekeeping manager/supervisor
- special events manager
- room service manager
The target group may also be extended to positions such as that of wedding manager, transport manager, maintenance manager, operations manager, marketing manager, conference manager and even that of general manager.
This programme aims to prepare you for senior posts such as that of general manager, head of department or the events director of any hospitality organisation, such as cruise liners, hotels, spas, restaurants and casinos, amongst others.
How you’ll be assessed
This is a part-time programme and will typically take 30 months to complete. The programme comprises a total of 10 modules. The method of assessment is assignment-based.
The course comprises:
- 6 lectures per module;
- 3-hour lectures (evening);
- 12 hours of online content per module, comprising asynchronous online discussions, tutorials and/or videos.
Module Intake Dates
Reading for the entire Master of Science (M.Sc.) in Hospitality Management as presented in this brochure costs $10,450.*
Due to the modular structure of the course, you may also opt to take individual modules as stand-alone. The entry requirements still apply.**
*Prices are applicable to students who reside in the UAE at the time of applying.
** For the price of individual modules, please contact the IDEA Academy team.