Teaching is based on contact lessons every other week (starting from calendar week 35) and distance learning by Zoom every other week (starting from calendar week 35): 24 contact hours, 111 hours independent study.
Schmidgall, R. 2009 (or later). Hospitality Industry Managerial Accounting. Educational Institute of the American Hotel & Motel Association, USA. Chapters: 6-9 and 10
Other study material in Moodle
Students are encouraged to actively present their own thoughts and knowledge from their working experiences . All the assignments are working life related and based on practical cases.
Haaga Campus
Four home-exams during the course will include practical budgeting cases and will be done using excel.
Two re-exam possibilities: following two general exams
English
International reporting standards of the hospitality industry are applied in assignments.
24.08.2020 - 16.10.2020
Individual assignments will be given during the lessons.
15.06.2020 - 28.08.2020
Weeks 1 and 2: Forecasting methods / Sales budget
Weeks 3 and 4: Basic cost concepts / Cost-Volume-Profit analysis
Weeks 5 and 6: Operational budgets / Operational ratios
Weeks 7 and 8: Cash budgeting
RPL (Recognition of Prior Learning): procedure is to be discussed individually
Based on feedback, the learning method is to make assignments based on practical industry cases.
Pekka Heikkilä
15 - 30
Participation in classroom teaching (at least 80% attendance)
Examinations 100%, made by Excel showing:
Student´s skills to produce forecasts
Student´s skills to apply CVP technique in solving managerial accounting problems,
Student´s skills to apply operational and cash budgets included in course contents and handle them as management tools
HOTEM Degree Programme in Hospitality, Tourism and Experience Management
0.00 cr
0.00 cr
H-5