Professional Diploma in Strategic Hospitality Finance Management (Mar '22 Intake)
Mastering of hospitality finance management
Description
Our finance courses have been facilitated by industry-leading experts, supporting hundreds of hospitality professionals for over 30 years. This course is endorsed by the Institute of Hospitality and is recognised by the Chartered Institute of Management Accountants. Your learning will be at your own pace, enabling you to balance your professional development with other commitments.
Areas Covered
- Use and implement the different tools available for strategic planning and forecasting.
- Capital investment appraisal methods.
- Sources of funds and asset funding
- Interpretation of the accounts.
- Understanding hospitality ratios and operating metrics.
- Competitor analysis, benchmarking and the balanced scorecard.
- Control of working capital.
Benefits
Learn from home at your own pace.
Online support from our industry-leading experts.
Opportunity to collaborate with other learners in our online learning space.
Free HOSPA membership.
Discounted access to HOSPACE.
Discounted access to the annual HOSPA learner awards.
Exemptions from further study with the Chartered Institute of Management Accountants (CIMA).
Certified Associate Membership of HOSPA.
Who is it for?
- Experienced accounts and finance specialists.
- Hospitality professionals looking to enter a strategic role in finance.
- Any learner progressing from the Professional Certificate.
Detailed Syllabus
Module 9 – Control of Working Capital
- Debtor management
- Creditor management
- Cash management
- Stock management
- Working capital cycle
- Working capital ratios
Module 10 – Ratios and Balance Scorecards
- Interpretation of performance
- Industry of specific ratios
- Competitor analysis
- Benchmarking
Module 11 – Source of funds and Capex
- Capital investment appraisal methods
- Sources of funds
- Taxation
- Franchising
- Management contracts
Module 12 – Strategic Planning & Forecasting
- Preparation of feasibility studies
- Economic and financial environments
- Tools for strategic planning
- Organisational objectives
Overview
Duration: Five Months Format: Online / Tutor-Led Pace: 4-5 Hours per week
Experience: Advanced
Intake: March or September