Online
Mastering Hotel Financials
Learn to construct and defend a practical financial plan, aligned to your organization.
Next Dates
In this online course, you will examine three intersecting areas of the hospitality financial landscape. First, you will review and analyze financial performance of hospitality companies based on commonly used metrics in the industry. Next, you will establish the level of performance through competitive benchmarking, with a view to make decisions to improve performance and drive the budgeting and longer-term forecasting processes. Finally, you will apply advanced corporate finance techniques to assess and make decisions related to investment opportunities and the corresponding financing requirements.
Week 1
The basic financial reports
Financial reporting mechanics
Financial reporting
Week 2
Focus on assets
Focus on liabilities and shareholders’ equity
Week 3
Cash flow analysis
Financial analysis tools and techniques
Liquidity and solvency analysis
Week 4
Profitability analysis
Costs and decision-making
Week 5: Final assessment
The final assessment evaluates the content learned in the previous four weeks. The assessment can range from multiple choice quizzes (MCQ) to more open response evaluations, like a case study.
Week 1
Planning & the planning process
Planning methodologies
Putting the plan together
Managing the planning process
Week 2
Benchmarking
Metrics and benchmarking for hotels
Competitor analysis and STR reports
Week 3
Operations budgeting and forecasting
Budget preparation
Budgetary control
Week 4
Cash management
Cash budgeting
Capital budgeting
Week 5: Final assessment
The final assessment evaluates the content learned in the previous four weeks. The assessment can range from multiple choice quizzes (MCQ) to more open response evaluations, like a case study.
Week 1
Corporate lifecycle and governance
Investment appraisal and return determination
Week 2
Capital structure considerations
Raising debt financing
Week 3
Raising equity financing
Corporate valuation
Mergers and acquisitions
Week 4
Private equity investing
Risk management
Week 5: Final assessment
The final assessment evaluates the content learned in the previous four weeks. The assessment can range from multiple choice quizzes (MCQ) to more open response evaluations, like a case study.
A Program Advisor will get back to you with feedback or suggestions.
This course is designed for hospitality professionals, hotel owners and finance professionals wishing to update their skills and learn about hotel financials.
There are no admission requirements to enroll to this course.
To enroll, choose the desired intake and fill in your personal details. You will receive an email with the payment link. You are accepted in the course only upon receipt of payment.
We must receive payment at least five days before the start of the course. Late enrollments can be accepted on a case-by-case basis.
Choose your intake :
Cost
CHF 5,940
Most asked question
Payment methods
EHL uses the payment platform Flywire, which provides various payment methods, has no hidden bank fees, and offers favorable exchange rates. The link to the payment platform will be provide after the enrollment form.
Course structure
The 15-week course is a bundle of three individual 5-week courses. Each individual course is structured as following:
- four weeks of course content
- one week for the final assessment
The advantage of signing up to a the bundle of three courses is the 10% discount, already applied (CHF 5,940 instead of CHF 6,600)
Course content
The course is composed of recorded videos, interactive exercises, case studies and executive interviews.
The content is based on the modules delivered in EHL’s MBA in Hospitality program.
Final assessment
At the end of each 5-week course, participants are required to take a final assessment. Upon successfully passing the assessment, participants get a certificate of completion.
Depending on the course, the assessment may range from multiple choice quizzes (MCQ), where only one answer is correct, to more open response evaluations, like a case study.
To successfully pass the assessment, participants must get a minimum of 60% of the total points available. You can either PASS or FAIL a certificate, no numerical grades will be officially reflected in the certificate.
Retakes
Retakes are not available at the end of a program if you fail the final assessment. If you wish to retake the final assessment, you need to re-enroll for the next available session.
Connecting to the platform
A couple of days before the start of the course, participants will receive their credentials by email and will be required to first change their password before being able to join our learning platform Moodle.
Three certificates of completion
A certificate of completion, delivered by EHL, can be obtained at the end of each 5-week course, providing each final assessment is successfully passed.
Each certificate of completion is delivered electronically (secured pdf) with a unique ID associated to the participant.
If a final assessment is failed, no certificate or document related to that course is delivered. Each course is independent from one another; failing a final assessment on one course has no implication on the other courses.
AEHL member discount
AEHL members are entitled to the alumni discount. To benefit from the discount, participants must enter their AEHL number in the discount field in the enrollment form.
Please note this course already has a 10% discount applied. For full details about, please check the EHL Alumni Connect platform.
Upgrade to an MBA in Hospitality
The course content leverages the content of EHL's MBA in Hospitality program. Participants who have enrolled and paid for a 15-week online course, and who wish to join the MBA program, will get a discount on the MBA tuition and fees. In order to join the MBA program, participants must go through an application process.