Matkailualan johdon laskentatoimiLaajuus (5 op)

Osaamistavoitteet

Having completed this study unit
• You know the key principles of financial analysis in the field of tourism and hospitality.
• You know the significance of revenue management in tourism and are able to compile detailed budgets.
• You understand the importance of financial analysis in the field of tourism and will be able to use Excel.
• You know investment and financing details in the decision-making process.
• You know the importance of financial decision making in the management process.
• You are able to make a small written financial analysis of a tourism and hospitality company.
• You know the meaning, role and importance of the Sustainable Finance and Investment (ESG) and Sustainability Reporting in the field of tourism (e.g. subcontracting chains in tourism)

Competences:

Sisältö

Content:
• revenue management in tourism
• detailed profitability analysis
• liquidity analysis
• growth rates
• leverage analysis and forecasting
• advanced budgeting and Excel
• investments and financing
• financial decision-making and management
• Sustainable Finance and Investment (ESG) in tourism
• sustainability reporting in the field of tourism

Arviointikriteerit, tyydyttävä (1)

Poor (1)
The Key Principles of Financial Analysis:
You know the key principles of financial analysis in the field of tourism and hospitality.
You know the significance of revenue management in tourism and are able to compile detailed budgets with instructions given.
You know the importance of financial analysis and are able to use Excel for basic calculations with the instructions given.
You know investment and financing details in the decision-making process and are able to make basic calculations with the instructions given.
You know the importance of financial decision-making in the management process.
You are able to make a small written financial analysis of a tourism and hospitality company with the instructions given.
You know the meaning, role and importance of the Sustainable Finance and Investment (ESG) and Sustainability Reporting in the field of tourism (e.g. subcontracting chains in tourism)

Satisfactory (2)
The Key Principles of Financial Analysis:
You are able to describe the key principles of financial analysis as well as the significance of revenue management.
You are able to make detailed budgets.
You are able to describe the importance of financial analysis and are able to use Excel for basic calculations.
You are able to describe investment and financing details in the decision-making process and are able to make basic calculations.
You are able to describe the importance of financial decision-making in the management process.
You are able to make a small written financial analysis of a tourism and hospitality company.

Arviointikriteerit, hyvä (3)

Good (3)
The Key Principles of Financial Analysis:
You are able to make calculations and compare the results related to different types of analysis, budgeting, and revenue management by using Excel.
You can compare the choices made for the calculations.
You can implement the calculations with assistance in the case provided.
You are able to make a small written financial analysis of a tourism and hospitality company and compare the results.

Very good (4)
The Key Principles of Financial Analysis:
You are able to make calculations and evaluate the results related to different types of analysis, budgeting, and revenue management by using Excel.
You can analyze the choices made for the calculations.
You can implement calculations in the case provided.
You are able to make a small written financial analysis of a tourism and hospitality company and give development ideas.

Arviointikriteerit, kiitettävä (5)

Excellent (5)
The Key Principles of Financial Analysis:
You are able to make calculations and critically evaluate the results related to different types of analysis, budgeting, and revenue management by using Excel.
You can analyze and justify the choices made for the calculations.
You can implement and analyze calculations in the case provided.
You are able to make a small written financial analysis of a tourism and hospitality company and give development ideas and/or critically evaluate the results.