Hospitality Financial Management (HOSP 3820)

This course prepares students in the development of foundational concepts of financial management in the hospitality industry. This enables them to understand how corporations make important investment and financing decisions and how they establish working capital policies. This course is taught using the standards of the Hospitality Financial and Technology Professionals (HFTP).

This course is part of the full-time Bachelor of Hospitality Management program.
Course code: HOSP 3820
Credits: 3.0
Length: 45.0 hours
Course outline: view https://www.vcc.ca/vccphp/courseoutline?subject=HOSP&number=3820
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Additional Information

  • An Introduction to the Foundations of Financial Management
  • Financial Markets and Interest Rates
  • Financial Statements and Cash Flows
  • Evaluating a Firm's Financial Performance
  • The Time Value of Money
  • Meaning and Measurement of Risk and Return
  • The Cost of Capital
  • Capital-Budgeting Techniques and Practice
  • Business and Financial Risk
  • Dividend Policy and Internal Financing
  • Short-term Financial Planning
  • Working-Capital Management
  • International Business Finance
  • Ethics in Financial Management

To learn more about the PLAR pathways for this course review the Bachelor of Hospitality Management Program Content Guide.

This course is offered as part of a VCC program only.

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† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.