Financial Planning for Hospitality
Module summary
Module code: FINA1139
Level: 5
Credits: 15
School: Greenwich Business School
Department: Management and Marketing
Module Coordinator(s): Rami Shamseen
Specification
Aims
The aim of this module is to provide students with a critical understanding of the role of financial planning in hospitality management and practical skills in financial planning for hospitality businesses.
Learning outcomes
On successful completion of this module a student will be able to:
1 Analyse the role of financial planning in hospitality organisations.
2 Create financial plans for hospitality organisations.
3 Apply skills in financial planning to solve complex problems in case studies in the hospitality industry.
Indicative content
• The role of finance in hospitality businesses
• Strategic Financial Management
• Hospitality Business Growth and Development
• Sources of finance
• Profit and Loss
• Balance Sheets
• Cash Flow
• Capital Investment
• Payroll
• Taxation
Teaching and learning activity
Lectures, tutorials, directed and self-managed research, reading and information analysis (e.g. case studies, journal and newspaper articles including international case studies.
Assessment
Online test - 100%
LO - 1, 2, 3.
Pass mark - 40%
An online test that covers the key aspects of the module content.
Nature of FORMATIVE assessment supporting student learning:
Draft topic idea; draft literature review and draft methodology.