This module examines the principles of hospitality finance, including the mathematics of finance, sales accountability, working capital and capital asset management, and cost of financing, property valuation, and report analysis. Students will apply practical approaches to reading, interpreting, and analysing hospitality industry financial statements and management reports of the industry. Students will apply the knowledge of accounting principles to operate a successful hospitality department or business.
Financial Management in Hospitality is a module selected from the Specialist Diploma in Hospitality Business Management
. It enables participants to acquire new skills or deepen relevant skills without the need to pursue a full specialist diploma. As this is a stackable course, participants may choose to complete the remaining modules within the validity period, of 2 years, to be awarded the full Specialist Diploma qualification.
Applicants should possess one of the following combinations of qualification and work experience:
- Hospitality-related Diploma from any of the 5 local Polytechnics in Singapore
Degree in Business or Hospitality from recognized institutions with at least 2 years of relevant working experience.
Applicants who do not meet the entry requirements may be considered for admission to the course based on evidence of at least 5 years of relevant working experience and/or supporting evidence of competency readiness.
Suitable applicants who are shortlisted will have to go through an interview and/or entrance test.
Republic Polytechnic reserves the right to shortlist and admit applicants.
Participants will be awarded the Certificate in Financial Management in Hospitality by Republic Polytechnic upon meeting 50% of the attendance requirement and passing all coursework and assessment.
How often do I need to attend the course?
Lessons will be held at Republic Polytechnic, Woodlands.
Course commences 1 September 2020 and ends 13 October 2020.
|Number of Lessons
|One day / week (weekdays)
||9:30am - 6:00pm
Note: Some lessons may be conducted via e-learning.
|Full Course Fee (Others)
||Singapore Citizens aged 39 and below OR Singapore Permanent Residents
||Singapore Citizens aged 40 and above
||SME-Sponsored Singapore Citizens OR Singapore Permanent Residents
||Workfare Training Support (WTS) Scheme
Course fees are accurate as of 1 June 2020, and are subject to annual review.
SkillsFuture credit approved.
All fees inclusive of GST.
Republic Polytechnic reserves the right to make changes to the course fee and application closing dates without prior notice. The commencement of each course is subject to sufficient number of participants.
All information is accurate at the time of publishing.