vcc.ca
HOSP 3860: Capital and Asset Management
Effective date
September 2025
Department
Hospitality Management App Deg
School
Hospitality, Food Studies and Applied Business
Description
This course introduces students to hospitality facilities planning processes from a management perspective. Systematic problem solving and decision making techniques are applied to budgeting, capital expenditure planning and cost benefit analysis of repairing, replacing or disposing of assets in the hospitality sector.
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:
- Assess capital budgeting decision models.
- Create the firm's cash conversion cycle.
- Evaluate the costs of the individual sources of capital.
- Perform sales forecasts to predict cash inflow.
- Calculate the feasibility of a capital project using return on investment (ROI) analysis.
- Calculate by using a comprehensive set of measurements to evaluate a company's performance.
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
Case analysis, individual and group work.
Grading System
Letter Grade (A-F)
Passing grade
D (50%)
Evaluation Plan
|
Type |
Percentage |
Assessment activity |
|
Lab Work |
20-30 |
Chapter homework |
|
Assignments |
10-20 |
Range based from course concepts |
|
Quizzes/Tests |
10-20 |
Chapter Quizzes |
|
Project |
25-40 |
Presentation |
Course topics
- Capital Budgeting
- Sales Forecasting
- Cash Conversion Cycle
- The Cost of Capital
- Net Present Value
- Ratio Analysis
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.