vcc.ca
HOSP 3820: Hospitality Financial Management
Effective date
September 2026
Department
Hospitality Management App Deg
School
Hospitality, Food Studies and Applied Business
Description
This course prepares students in the development of foundational concepts of financial management. By introducing students to the time value of money and investment valuation, students will understand the factors of making sound financial decisions.
Credits
3.0
Year of study
3rd Year Post-secondary
Prerequisites
None
Corequisites
None
Course Learning Outcomes
Upon successful completion of this course, students will be able to:
- Review financial statements to evaluate a company’s performance.
- Explain the mechanics of compounding.
- Estimate the time value of money.
- Examine the fundamentals of interest rate determination considering the type of investment.
- Measure the expected rate of return and risk of an individual investment
- Compare bond to stock valuation when assessing investment opportunities.
Prior Learning Assessment & Recognition (PLAR)
To learn more about the PLAR pathways for this course review the Bachelor of Hospitality Management Program Content Guide.
Hours
Lecture, Online, Seminar, Tutorial: 45
Total Hours: 45
Total Hours: 45
Instructional Strategies
Presentations, discussions, case studies, lab exercises, computer program applications, individual and group work.
Grading System
Letter Grade (A-F)
Passing grade
D (50%)
Evaluation Plan
|
Type |
Percentage |
Assessment activity |
|
Lab Work |
30-40 |
Chapter homework |
|
Assignments |
15-25 |
|
|
Quizzes/Tests |
30-45 |
|
Course topics
- Foundations of Financial Management
- Financial Statements and Cash Flows
- The Time Value of Money
- Interest Rates
- Bonds
- Stocks
- Risk and Return
Notes:
- Course contents and descriptions, offerings and schedules are subject to change without notice.
- Students are required to follow all College policies including ones that govern their educational experience at VCC. Policies are available on the VCC website at:
https://www.vcc.ca/about/governance--policies/policies/. - To find out if there are existing transfer agreements for this course, visit the BC Transfer Guide at https://www.bctransferguide.ca.