Teaching is based on Zoom lessons (starting from calendar week 3): 48 Zoom contact hours, 87 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-assignments during the course will include practical budgeting cases and will be done using excel. Students who do not return home assignments by given dead line will be removed from the course.
English
International reporting standards of the hospitality industry are applied in assignments.
17.01.2022 - 18.03.2022
Four individual home assignments will be given during the lessons.
03.01.2022 - 14.01.2022
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 - 40
Participation in Zoom teaching (at least 80% attendance)
Home assignments 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