Information
| Unit | TOURISM AND HOTEL MANAGEMENT ACADEMY |
| ACCOMMODATION SERVICES PR. | |
| Code | KOS315 |
| Name | Financial Management in Hospitality |
| Term | 2021-2022 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Öğr. Gör. Dr. DİLER DOĞRUOL |
| Course Instructor |
Öğr. Gör. Dr. DİLER DOĞRUOL
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Get to know the financial tools that can be used in hospitalities, to reveal the structure of the hospitality's financial, identify problems and to produce the solution
Course Content
Basic Concepts of Finance, The Definition of Financial Management, Money Market, Capital Market, Financial Capital, Funding, Financial Assets, Financil Institutions, Credit Facilities, Creditors, Dealing Securities, Derivative Financial Instruments, Currency Units, Interest, Market Rate of Interest, Ratio Analyze, Financial Statements, Financial Reporting, Risk Lover and Risk Averse, Hedging
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | to know the content of financial management and functions |
| LO02 | to be able to analyze time value of money |
| LO03 | interpretation of financial tables |
| LO04 | to be able to use breakeven point and profitability analysis |
| LO05 | having the necessary information about financial planning and asset management in hospitality |
| LO06 | to put forward financial structure of hospitality , take necessary decisions |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | financial management and functions | reading of the textbook | |
| 2 | time value of money | reading of the textbook | |
| 3 | financial analysis | reading of the textbook | |
| 4 | breakeven analysis | reading of the textbook | |
| 5 | financial planning and control | reading of the textbook | |
| 6 | working capital and management | reading of the textbook | |
| 7 | cash management | reading of the textbook | |
| 8 | Mid-Term Exam | reading the textbook and course notes | |
| 9 | credit and inventory management | reading of the textbook | |
| 10 | capital budgeting under the terms of a specific | reading of the textbook | |
| 11 | capital budgeting under conditions of uncertainty | reading of the textbook | |
| 12 | the medium-term and long term financing | reading of the textbook | |
| 13 | cost of capital | reading of the textbook | |
| 14 | capital structure | reading of the textbook | |
| 15 | profit distribution policy | reading of the textbook | |
| 16 | Term Exams | reading the textbook and course notes | |
| 17 | Term Exams | reading the textbook and course notes |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 6 | 6 |
| Final Exam | 1 | 16 | 16 |
| Total Workload (Hour) | 106 | ||
| Total Workload / 25 (h) | 4,24 | ||
| ECTS | 4 ECTS | ||