Off-site Open Enrollment Programs
Hospitality Financial Management: Operations Decision Making
The Vail Centre
Vail, CO - USA
May 14 - 16, 2018
For 90 years on the Cornell University campus, the School of Hotel Administration's Professional Development Program (PDP) has advanced careers of professionals, managers, and executives with Cornell's renowned faculty experts. Hospitality Financial Management: Operations Decision Making is now available at the Vail Centre in Colorado, USA.
Understanding the day-to-day financial management of your organization is key to advancement in today's competitive environment. Whether or not you are a financial manager, the key to success as a hospitality professional is knowing how to budget and maximize operational efficiencies. This course will focus on the application of financial-management concepts useful in analyzing hospitality operations. Managerial accounting tools will be explained, examined, and applied as they relate to the decision-making process. Emphasis will be on communicating and interpreting financial data from a general manager perspective. Common terminology used by owners, operators, and others involved in the development process will be defined and incorporated in an operational analysis. The format involves lectures, case studies, and problem sets.