COLLEGE OF ST.

BENILDE
School of Hotel, Restaurant and Institutional Management
Graduate Program

Master in Tourism and Hospitality Management

COURSE SYLLABUS

Code
Finmagt

Title
Financial Management

Credit Units 3.0

Pre requisite
____________________

Description
Financial Management deals with the meaning of companys financial figures in comparison
with the returns of the business by looking at the changes in the balance sheet accounts
particularly the current assets and current liabilities to predict future cash flow problems. This
course covers the analysis and interpretation of financial statements to assess business performance
and, identify information weaknesses in the financial statements. It includes understanding the role
of finance function in the organization and the financial management tools and techniques used.

Objectives
At the end of the course, the student is expected to:
1. Understand and appreciate the role and functions of the Financial Manager within the Firm.
2. Know the techniques of financial statement ratios and analyses.
3. Know and apply the steps in the statement of cash flows and the financial forecasting
(budgeting) using the pro-forma financial statements.
4. Know the tools and techniques in the management of current assets and current liabilities.
5. Discuss the sources of short-term and long-term funds.
6. Understand the nature, advantages and disadvantages of debt financing and equity
financing.
Page 1 of 3

COURSE OUTLINE
Week
1

23

Topics / Acitivities
Orientation:
- Course outline and other requirements
LO 1 to introduce the role of the finance
- Finance and the hospitality industry
function in the organization and review of
- Understanding the Financial Statements the Financial Statements
- Assessing individual financial literacy
- Assignment of individual, group reports
and Financial Feasibility Study.
Financial Statements and Analysis (report
presentations):
- The horizontal and vertical analysis
- The ratio analysis
- The Breakeven ratio
- Exercises and Quiz
Hospitality Financial Statements and Analysis :
- Summary (R. Lao)
- Cases and Quiz
- Approval of Feasibility Study format

LO 2 to learn the techniques in financial

analysis in order to measure the
organization performance

Cash Flow Statement

- Report presentations
- Exercises and Quiz

LO 3 to discuss the organizations statement

of cash flow (operating, investing and
financing activities).

Financial Planning (Budgeting process)

- Report presentations
- Exercises and Quiz

LO 4 to introduce and understand the

techniques in budgeting to include pro-forma
income statement and the pro-forma balance
sheet and capital budget.

67

Financial Statements:
- Case Analysis of assigned companies
- Written report presentations

89

Short-term versus long-term financial decisions

- Current Asset management
- Current Liabilities management
- Long-term debts and Equity financing
- Exercises, Cases and Quiz

10

Investments:
- Short term / Long-term Investments
- Time value of money
- Cases and Quiz

11
12 13
14

Consultation on Feasibility Studies

Presentations and submission of studies
Grade Consultation
Page 2 of 3

LO 5 to introduce short-term, long-term

and equity financial management. The
techniques on receivable, inventory, and
accounts payable management and their
effects on business financial position will
be highlighted.
LO 6 to introduce short-term and longterm investment decision, the role of time
value in finance, the use of computational
tools and the basic patterns of cash flow

ASSESSMENT
Factors
Class participation
Presentations, discussions (case studies and exercises)
Written tests
Quizzes and Case studies
Individual Research
Financial literacy (due week 7)
Short-term investment (due week 10)
Financial feasibility study
Presentations (oral defense) and paper submission (due weeks
12 13)
Total

Weights
25%
25%
20%

30%

100%

REFERENCES
Title
Hospital Financial Management
Financial Management for the
Hospitality Industry

Hospitality Financial Statement:

Restaurant Financial Basics
Financial Management for the
Hospitality Industry
Principles of Managerial Finance, 12thE

Author/s
DeFranco, Agnes L.
Lattin, Thomas W.
Andrew, Willaim P
Damistio, James W.
Schmidgall, Raymond S.
Chatfield, Robert E.
Dalbor, Michael C.
Schmidgall, Raymond S.
Hayes, David K.
Ninemier, Jack D.
Andrew, William P.
Schimidgall, Raymond S.
Gitman, Lawrence J.

Year
2007
2007

2005
2008

1993
2008

GRADING SYSTEM
Grade Point
4.0
3.5
3.0
2.5
2.0*
1.5
1.0
R
0.0
Prepared by: Robert Lao
*PASSING GRADE

Description
Excellent
Superior
Very Good
Good
Satisfactory
Fair
Pass
Repeat
Fail

Letter Rating
A
B+
B
C+
C
CD
F
Date: August 15, 2016
Page 3 of 3

Percentage Grade
97-100
93-96
89-92
85-88
80-84
75-79
70-74
<70