Graduate Studies Reports Access

Graduate Course Proposal Form Submission Detail - HFT6477
Tracking Number - 3047

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Current Status: Approved by SCNS - 2013-02-27
Campus: Sarasota
Submission Type: Change
Course Change Information (for course changes only): Change in title, course description, learning outcomes and textbooks required.
Comments: USF SM approved 12/6/12. to USF Sys 12/12/12. to SCNS 12/20/12. Concurrence issue - cleared 1/28/13. to SCNS 1/29/13. Apprd eff 4/1/13

Detail Information

  1. Date & Time Submitted: 2012-12-06
  2. Department:
  3. College: HM
  4. Budget Account Number:
  5. Contact Person: Sandy McDonald
  6. Phone: 9413594619
  7. Email:
  8. Prefix: HFT
  9. Number: 6477
  10. Full Title: Financial Management for the Hospitality Industry
  11. Credit Hours: 3
  12. Section Type: C - Class Lecture (Primarily)
  13. Is the course title variable?: N
  14. Is a permit required for registration?: N
  15. Are the credit hours variable?: N
  16. Is this course repeatable?:
  17. If repeatable, how many times?:
  18. Abbreviated Title (30 characters maximum): Fin Mgt for the Hosp Industry
  19. Course Online?: C - Face-to-face (0% online)
  20. Percentage Online: 0
  21. Grading Option: R - Regular
  22. Prerequisites:
  23. Corequisites:
  24. Course Description: Managerial accounting & financial management as practiced in the hospitality industry is covered. It applies principles of finance & accounting to decision-making that can be applied to the hospitality industry.

  25. Please briefly explain why it is necessary and/or desirable to add this course:
  26. What is the need or demand for this course? (Indicate if this course is part of a required sequence in the major.) What other programs would this course service?
  27. Has this course been offered as Selected Topics/Experimental Topics course? If yes, how many times?
  28. What qualifications for training and/or experience are necessary to teach this course? (List minimum qualifications for the instructor.)
  29. Objectives: Students will learn to navigate through financial management concepts that are applicable to the hospitality industry.
  30. Learning Outcomes: Students will be able to:

    • Calculate financial ratios based on information that is provided in financial reports

    • Describe a concept of value creation

    • Explain tools that hospitality businesses use when they manage working capital

    • List major players of financial markets

    • Compare different types of securities

  31. Major Topics: Values of financial markets

    Financial intermediaries

    Financial statement analysis

    Risk and return

    Time values of cash flow

    Managing working capital

    Feasability studies

  32. Textbooks: 1) Financial Management for the Hospitality Industry by William Andrew, James Damitio, and Raymond Schmidgall. Publisher: Prentice Hall, ISBN: 0-13-117909-8. 2) Cases in Financial Management by Robert Stretcher and Timothy B. Michael. Publisher: Prentice Hall, ISBN: 10- 0131483439
  33. Course Readings, Online Resources, and Other Purchases:
  34. Student Expectations/Requirements and Grading Policy:
  35. Assignments, Exams and Tests:
  36. Attendance Policy: Course Attendance at First Class Meeting – Policy for Graduate Students: For structured courses, 6000 and above, the College/Campus Dean will set the first-day class attendance requirement. Check with the College for specific information. This policy is not applicable to courses in the following categories: Educational Outreach, Open University (TV), FEEDS Program, Community Experiential Learning (CEL), Cooperative Education Training, and courses that do not have regularly scheduled meeting days/times (such as, directed reading/research or study, individual research, thesis, dissertation, internship, practica, etc.). Students are responsible for dropping undesired courses in these categories by the 5th day of classes to avoid fee liability and academic penalty. (See USF Regulation – Registration - 4.0101,

    Attendance Policy for the Observance of Religious Days by Students: In accordance with Sections 1006.53 and 1001.74(10)(g) Florida Statutes and Board of Governors Regulation 6C-6.0115, the University of South Florida (University/USF) has established the following policy regarding religious observances: (

    In the event of an emergency, it may be necessary for USF to suspend normal operations. During this time, USF may opt to continue delivery of instruction through methods that include but are not limited to: Blackboard, Elluminate, Skype, and email messaging and/or an alternate schedule. It’s the responsibility of the student to monitor Blackboard site for each class for course specific communication, and the main USF, College, and department websites, emails, and MoBull messages for important general information.

  37. Policy on Make-up Work:
  38. Program This Course Supports:
  39. Course Concurrence Information:

- if you have questions about any of these fields, please contact or