Credits: 3 credits
This course examines the principles of financial management as they apply to firms in tourism and hospitality sectors. Topics covered include financial statement analysis; budgeting; time value-of-money; profit planning and decision-making; cost-volume-profit analysis; and capital budgeting. Special topics in hospitality and tourism include management contracts; franchising; revenue management; and Real Estate Investment Trusts (REITS).
Prerequisite: TMGT 2010 or equivalent and third year standing.
Note: Students can only receive credit for one of BBUS 2120, BBUS 3120, BBUS 3121, FNCE 2120, FNCE 3120, TMGT 3030. Students should be computer literate and proficiently use spreadsheet and presentation software.
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