Financial Analysis in the Hospitality Industry
Financial Analysis in the Hospitality Industry: HFT 4464 (ONLINE) Syllabus
Tuesday 5:00pm-6:30pm and by appointment
Turn Around Time
Within 24 hours
Course Description and Purpose
A study of financial management and its application in the Hospitality Industry. Topics include capital investment analysis, mergers and current financial issues.
Course Objectives and Learning Outcomes
Students will be able to:
Course learning outcomes:
Upon completion of this course, you should be able to:
Please review the FIU's Policies webpage. The policies webpage contains essential information regarding guidelines relevant to all courses at FIU, as well as additional information about acceptable netiquette for online courses. For additional information, please visit FIU's Policy and Procedure Library.
As a member of the FIU community you are expected to be knowledgeable about the behavioral expectations set forth in the FIU Student Conduct and Honor Code.
Technical Requirements and Skills
One of the greatest barriers to taking an online course is a lack of basic computer literacy. By computer literacy, we mean being able to manage and organize computer files efficiently and learning to use your computer's operating system and software quickly and easily. Keep in mind that this is not a computer literacy course, but students enrolled in online courses are expected to have moderate proficiency using a computer. Please go to the What's Required webpage to find out more information on this subject.
Please visit our Technical Requirements webpage for additional information.
Accessibility and Accommodation
The Disability Resource Center collaborates with students, faculty, staff, and community members to create diverse learning environments that are usable, equitable, inclusive, and sustainable. The DRC provides FIU students with disabilities the necessary support to successfully complete their education and participate in activities available to all students. If you have a diagnosed disability and plan to utilize academic accommodations, please contact the Center at 305-348-3532 or visit them at the Graham Center GC 190.
For additional assistance please contact FIU's Disability Resource Center.
Web Accessibility Statements for Partners and Vendors
Please visit our ADA Compliance webpage for additional information about accessibility involving the tools used in this course.
Academic Misconduct Statement
Florida International University is a community dedicated to generating and imparting knowledge through excellent teaching and research, the rigorous and respectful exchange of ideas, and community service. All students should respect the right of others to have an equitable opportunity to learn and honestly demonstrate the quality of their learning. Therefore, all students are expected to adhere to a standard of academic conduct, which demonstrates respect for themselves, their fellow students, and the educational mission of the University. All students are deemed by the University to understand that if they are found responsible for academic misconduct, they will be subject to the Academic Misconduct procedures and sanctions, as outlined in the Student Conduct and Honor Code. Academic Misconduct includes:
Panthers Care & Counseling and Psychological Services (CAPS)
If you are looking for help for yourself or a fellow classmate, Panthers Care encourages you to express any concerns you may come across as it relates to any personal behavior concerns or worries you have, for the classmate’s well-being or yours; you are encouraged to share your concerns with FIU’s Panthers Care website.
Counseling and Psychological Services (CAPS) offers free and confidential help for anxiety, depression, stress, and other concerns that life brings. Professional counselors are available for same-day appointments. Don’t wait to call (305) 348-2277 to set up a time to talk or visit the online self-help portal.
This course will serve to embrace the diversity and inclusivity found within Florida International University. We appreciate and respect diversity, equality, equity, cooperativeness, community, and sustainability within our online courses. We are committed to the ongoing education of our students and their participation within the course regardless of gender, ethnicity, age, sexual orientation, geographical location, religion, and disability. We strive in encouraging collaboration by preparing our students to value the differences in others. At the core of our intentions is the encouragement of acceptance and appreciation of differences within our student population and community.
Textbook and Course Materials
(Optional) Accounting and Financial Analysis in the Hospitality Industry
This text is OPTIONAL, not a requirement
Expectations of This Course
This is an online course, which means most (if not all) of the course work will be conducted online. Expectations for performance in an online course are the same for a traditional course. In fact, online courses require a degree of self-motivation, self-discipline, and technology skills which can make these courses more demanding for some students.
Students are expected to:
The instructor will:
Keep in mind that your discussion forum postings will likely be seen by other members of the course. Care should be taken when determining what to post.
Discussion Forum Expectations:
For the different modules of the finance material you will receive quizzes for homework. These may be in the form of fill-in-the-blank, true/false, or multiple-choice.
Your final Exam will be on modules 1-13.
You will be assigned projects/work associated with each module throughout the term.
If you are attentive, ask questions, are respectful to others when they are speaking and participate in class you should receive full marks for participation.
Exact details and specifics regarding exam dates and procedures will be provided during the semester by the professor. Content for the exams may be taken from: live classroom lectures, assigned Modules in the textbook, assigned articles, class handouts, or website links deemed important. However, the material is primarily based on the textbook, lectures, and supplemental materials provided on Canvas.
|Course Requirements||Number of Items||Points for Each||Total Points Available||Weight|
THE INSTRUCTOR RESERVES THE RIGHT TO REVISE, ALTER AND/OR AMEND THIS SYLLABUS, AS NECESSARY. STUDENTS WILL BE NOTIFIED VIA CANVAS AND IN CLASS OF ANY SUCH REVISIONS, ALTERATIONS AND/OR AMENDMENTS.
|Week of January 10|
• Getting Acquainted, Course Introduction
• Module 1 – The Role of Managerial Finance
Due Sun, January 16th at 11:59pm
1. Introduce yourself w/ Discussion Board post
2. View module 1 Lecture Slides/video
3. Module 1 Quiz
|Week of January 17||Module 2 –Foundations of financial analysis|
Due Sun, January 23 at 11:59pm
1. View module 2 Lecture Slides/video and reading
2. Module 2 Quiz
|Week of January 24||Module 3 - Finance and Accounting Departments in Hospitality|
Due Sun, January 30 at 11:59pm
1. View module 3 Lecture Slides/video and reading
2. Module 3 Quiz
3. Module 3 weekly assignment: Choice Hotels
|Week of January 31||Module 4 – Financial Statements|
Due Sun, Feb 6 at 11:59pm:
1. View module 4 Lecture Slides/video
2. Module 4 Quiz
3. Module 4 weekly assignment
|Week of Feb 7|
• Module 5: COVID-19 and its financial impact on the hospitality industry
• Corporate Annual Reports
Due Sun, Feb 13 at 11:59pm:
1. View module 5 Lecture Slides/video
2. Module 5 Quiz
3. Module 5 corporate reports HW
|Week of Feb 14||Module 6: Hospitality Ratio Analysis|
Due Sun, Feb 20 at 11:59pm:
1. View module 6 Lecture Slides/video
2. Module 6 Quiz
3. Module 6 ratios HW
|Week of Feb 21||Module 7 – Hotel management reports|
Due Sun, Feb 27 at 11:59pm:
1. View module 7 Lecture Slides/video
2. Module 7 Quiz
|Week of Feb 28||Spring Break!|
|Week of March 7||Module 8: Time value of money|
Due Sun, March 13 at 11:59pm:
1. View module 8 Lecture Slides/video
2. Module 8 Quiz,
3. Module 8 time value HW
|Week of March 14||Module 9: Budgeting|
Due Sun, March 20 at 11:59pm:
1. View module 9 and 10 Lecture Slides/video
2. Create a budget (HW)
|Week of March 21||Module 10: Forecasting|
Due Sun, March 27 at 11:59pm:
1. View module 9 and 10 Lecture Slides/video and reading
2. Module 9 and 10 Quiz
3. Create a forecast (HW)
|Week of March 28||Module 11: Capital Budgeting|
Due Sun, April 3 at 11:59pm:
1. View module 11 Lecture Slides/video
2. Module 11 Quiz
|Week of April 4||Module 12: Risk and Return|
Due Sun, April 10 at 11:59pm:
1. View module 12 Lecture Slides/video
2. Module 12 Quiz
|Week of April 11||Module 13 – Sustainability and its financial impact on the hospitality industry|
Due Sun, April 17 at 11:59pm:
1. View module 13 Lecture Slides/video
2. Module 13 Quiz
|Week of April 18||Final exam review||Review video and materials posted to study for your cumulative final exam.|
|Mon, April 25 at 12am until Friday, April 29 at 1159pm||Final Exam – Comprehensive Final on Modules 1 through 13||Can take the final exam during any time ONLINE between those dates/times listed.|