Financial Analysis in the Hospitality Industry
C503, TUC Campus
Saturday 11:00-13:00, or by appointment
Turn Around Time
Within 24 hours
Course Description and Purpose
This course facilitates students’ understanding and use of financial analysis in the hospitality industry. Topics include decision-making based on ratio analysis, leverage, financing sources and other financial issues.
The objectives of this course are to:
At the end of this course, students should be able to do the following:
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.
The following conduct is prohibited by the Student Conduct and Honor Code. Lack of familiarity with University policy is not a defense to a violation of this Code. Unless specifically noted, the intent is not a required element to establish a policy violation. The following conduct violation or any attempt to violate the Code will be used in charging all Students or Student Organizations;
Section 5 | Conduct Violations - g. Computer Misuse
Copyright Statement: The materials and content in this online course are provided solely for student use during the course. Course materials may not be shared outside of the course or with any third party without the explicit permission of the instructor or content publisher. Visit FIU Library’s Copyright Lib Guide to learn more about copyright law and restrictions.
This course has a prerequisite - HFT 2401 Accounting for the Hospitality Industry. Review the Course Catalog. webpage for prerequisites information.
Textbook and Course Materials
Principles of Managerial Finance, 8th edition (Required)
Chad J. Zutter, Scott B. Smart
A more updated edition of the textbook is acceptable.
Expectations of This Course
Students are expected to:
The instructor will:
Communication in this course takes place via the Canvas Inbox. Check out the Canvas Conversations Tutorialor Canvas Guide to learn how to communicate with your instructor and peers using Announcements, Discussions, and the Inbox.
WeChat is used as a supplementary way of communication to deal with any emergency and to post reminders of deadlines. Group WeChat ID of this section has been sent to students through Canvas Inbox.
Some students enrolled in this section are not able to come back to campus and are permitted by FIU to conduct online study throughout this semester. Students can join the weekly class meetings by using Tencent Meeting, a video conference tool which can be used to broadcast and record class meetings, to interact with the instructor and peers by sharing screens, chatting, broadcasting live video/audio, and to take part in other interactive online activities.
Online class meetings are held during the same hours as the face-to-face class meetings. Meeting ID and password are as follows:
Meeting recordings will be posted on Canvas after each class. If a student encounters any technical difficulty to access the online meetings, he/she should contact the instructor immediately upon the issue occurring.
All the policies and requirements applicable to students studying in classroom are also applicable to students studying online.
Attendance and Participation
Grading is based on (1) attendance & participation, (2) assignments, and (3) tests. The grading system is as follows:
|Course Requirements||Points Available||Weight|
|Attendance and Participation||10||10%|
This is a tentative course outline/schedule and is subject to adjustment.
Date of Class(mm/dd/yyyy)
|1||8/27/2022||Syllabus||Course Introduction and Syllabus||Quiz 1|
|Chapter 1||The Role of Managerial Finance|
|2||9/3/2022||Chapter 2||The Financial Market Environment||Quiz 2|
Financial Statements and Ratio Analysis - 1
|4||9/17/2022||Chapter 3||Financial Statements and Ratio Analysis - 2||Quiz 4|
|5||9/24/2022||Chapter 4||Long- and Short-Term Financial Planning||Quiz 5|
|6||10/1/2022||National-Day Holiday – No Class|
Time Value of Money - 1
|8||10/15/2022||Chapter 5||Time Value of Money - 2||Quiz 7|
|9||10/22/2022||Test 1 (Chapter 1, 2, 3, 4 & 5)|
|10||10/29/2022||Chapter 6||Interest Rates and Bond Valuation - 1||Quiz 8|
|11||11/5/2022||Chapter 6||Interest Rates and Bond Valuation – 2|
Group Project Assigned
The Cost of Capital
|13||11/19/2022||Chapter 10||Capital Budgeting Techniques||Quiz 11|
|14||11/26/2022||Chapter 12||Leverage and Capital Structure||Quiz 12|
|15||12/3/2022||Chapter 14||Working Capital and Current Assets Management||Group Project Due|
|16||TBD||Test 2 (Chapter 6, 9, 10, 12 & 14)|