Financial management in tourism and service business (5 cr)

Code: MR00DU55-3002

General information

Enrollment: 12.04.2021 - 25.04.2021
Registration for the implementation has ended.

Timing: 30.08.2021 - 31.12.2021
Implementation has ended.

Number of ECTS credits allocated: 5 cr

Local portion: 5 cr

Mode of delivery: Contact learning

Unit: Department of Tourism, Hospitality Management and Youth Work

Campus: Mikkeli Campus

Teaching languages: Finnish

Degree programmes: Degree Programme in Tourism and Service Business

Teachers: Mailis Kervinen

Groups: MRMI20KP
Tourism and Service Business, full-time studies

Course: MR00DU55

No reservations found for realization MR00DU55-3002!

Objective

You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.

Content

What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?

Course material

Opettajan aineisto Learnissä.

Evaluation scale

1-5