Below are the descriptions of all the undergraduate courses within the School of Business and Entrepreneurship.
ACCT121 Fundamentals of Accounting I 3 In this course, emphasis would be placed on understanding the accounting cycle and its content. The preparation of fnancial statements is also a major focus with emphasis on each section of these fnancial statements. Areas like Inventory, Internal Controls, Cash, Fixed Assets, Current Liabilities and Bonds are all studied in detail.
ACCT122 Fundamentals of Accounting II Prerequisite: ACCT1213 This section of accounting focuses mainly on cost and managerial concepts like job order costing, process costing, budgets, short-term business decisions, breakeven analysis, etc... A proper understanding of the fnancial statements are also emphasized as students would be required to do basic fnancial analysis.
ACCT221 Intermediate Accounting I 3 Prerequisite: ACCT122 In this course, accounting theory and problems solving would be developed in the classifcation of transactions, asset valuation, income determination, and time value of money. All topics would be in accordance to the generally accepted accounting principles and state how International Financial Reporting Standards differs for each topic.
ACCT222 Intermediate Accounting II 3 Prerequisite: ACCT221 For this course, accounting theory and problems solving would be developed in the classifcation of transactions, liability valuation, fnancial statement compilation, leases, accounting errors and changes, and presentation and interpretation of fnancial statements. All topics would be in accordance to the generally accepted accounting principles and stated how International Financial Reporting Standards differs for each topic.
ACCT330 Cost and Managerial Accounting Prerequisite: ACCT1223 This Cost Accounting course treats accounting and managerial aspects in cost concepts, including job order, process cost systems, ﬂexible budgets, joint by-product costs, break-even points, differential cost, variances, etc. It also involves principles and procedures, with emphasis on problems of cost.
ACCT361 Individual Taxation 3 Prerequisite: ACCT122 A study of the taxation format with a focus of taxation laws and policies in Trinidad and Tobago and the Caribbean region for individuals, businesses, and property transactions would be reviewed. A comparison of taxation calculations will also be explored.
ACCT455 Accounting for Non-Proft Organisations 3 Prerequisite: ACCT222 This course is a study of the fundamental accounting systems used by governments, hospitals, schools, and other non-proft organisations would be reviewed. Topics include the budgeting process, and the analysis and interpretation of non-proft fnancial statements.
ACCT456 Advanced Accounting 3 Prerequisite: ACCT222 This course provides a further study of accounting for business combinations, and the preparation of consolidated fnancial statements; foreign currency transactions and the translation of foreign currency fnancial statements: SEC reporting.
ACCT465 Auditing 3 Prerequisite: ACCT222 Focus would be placed on Internal and external auditing; current professional standards, ethics of the auditor, with emphasis on internal control and evidence gathering.
ACCT476 Accounting Information Systems Prerequisite: ACCT2223 Focuses on planning and operation of electronic data-processing systems in accounting, and the use of the information generated for fnancial reporting and control. Prerequisite: ACCT122 and junior class standing.
ACCT485 Accounting Theory and Practice Prerequisite: ACCT222 3 Accounting Theory and Practice is a comprehensive
and wide-ranging course. It provides a theoretical framework for the understanding of accounting, and an appreciation of the purpose of various accounting practices. Topics include a theoretical framework, fnancial accounting practice, periodic measurement, fnancial reporting for alternative valuation, and extension of disclosure of accounting information.
ACCT499 Accounting Internship 2 Prerequisite: Junior or senior standing in School of Business and permission of internship coordinator. Supervised feld work in selected business, social and governmental organisations; supplemented by written reports. Students must complete 240 hours of internship (S/U Grading).
Human Resource Management
HRMN250 Human Resource Management 3 An introductory course which surveys the activities and functions associated with personnel management in organisations. Topics include the origin and history of human resource management, human resource planning and recruiting, job analysis and evaluation, training and development, compensation and benefts, grievance procedures and disciplinary actions. This course should be taken after completing 32 credit hours.
HRMN255 Human Relations in Organisations 3 This course examines possible reasons for the way people behave in organisations. The course begins with a history of the progressive developments in human relations in the western hemisphere within the last 200 years and explores fundamental concepts that inﬂuence human relations such as self-esteem, self-concept, attitudes and values. Topics such as groups and teams, emotional control, conﬂict management, human communication, and diversity are also explored. This course should be taken after completing 32 credit hours.
HRMN330 Compensation and Benefts 3 Prerequisite: HRMN250 This course is a study which includes job analysis, job specifcations, job evaluation, and setting of wage scales, fringe benefts, wage incentives, and management of wage and salary problems.
HRMN343 Employment Law 3 Prerequisite: MGMT341 This course provides an overview of local and regional regulation of the employer-employee relationship. Topics include employer-employee relationships; employment discrimination law overview and applications; labour relations law; discipline and termination processes; and compensatory issues.
HRMN400 Motivation and Work Behaviour 3 Prerequisites: HRMN250 and MGMT255 This course provides an update on advanced topics dealing with individual and organisational factors affecting employee motivation and work behaviours. Topics to be covered include, drive, reward systems, goal setting, strategy, risk management and various internal factors that inﬂuence motivation. A study of the behaviour in the workplace with an aim to determine the mix of diverse factors that inﬂuences it.
HRMN406 Collective Bargaining 3 Prerequisites: HRMN250 and HRMN255 This course will take students through the stages of the collective bargaining process in a workshop/ simulation method, culminating in the bargaining of a contract. Students will learn the relevant labour law principles, the methodology of collective bargaining, and then form management or union teams to study and engage in the process of bargaining for an initial contract in a newly organized union shop.
HRMN434 Negotiation and Conﬂict Resolution 3 Prerequisite: HRMN250 Enhances individual effectiveness in the workplace through the provision of an advanced understanding of negotiating through the development of specifc negotiating skills. Discussions and skill-building exercises in the class are focused broadly, and include information and formal negotiations between multiple departments. Because effective negotiating is fundamental to an individual’s survival and prosperity within an organisation, knowledge of negotiating concepts and development of negotiation skills are critical.
HRMN450 International Human Resource 3 Prerequisites: HRMN250 and HRMN255 A study of the effects of the process ofinternationalization on human resource management, including the requirements of local or host-country nationals, expatriates, or parent-country nations, and third-country nationals. Emphasis on Asia-Pacifc, Europe, Latin America, and emerging economies. A staffng plan is prepared for an international setting, including processes, from recruitment to evaluation to labour regulations.
HRMN460 Staffng Organisations 3 Prerequisites: HRMN255 and HRMN250 This course provides students with an in-depth view of the total selection process, based on a broad defnition of selection. Specifc topics covered include establishing the selection criteria, recruiting a qualifed pool of applicants, evaluating applicants relative to selection criteria that is reliable, and employs valid measurements, assessing employees’ job performance, and the training of the employees. Emphasis will be placed on the reliability and validity of various selection methods to ensure regulatory compliance.
HRMN499 Internship 2 Internships with participating companies provide students with the opportunity to gain valuable work experience in their feld of study. This practicum encourages students to utilize their acquired knowledge and skills in the working world. Enrollment is restricted to juniors and seniors with proven academic success.
ECON226 Principles of Microeconomics 3 Prerequisite: MATH165 Explores theories currently used to explain how people choose what and how much to consume and produce. This analysis is extended to well-defned groups such as frms. It also explores the phenomenon referred to as “the market”, and the interactions of market players which determine prices and the levels of consumption and production. Algebra is used extensively. At the end of this course, students will understand the concepts and theories used by economist to study economic decision making at the micro level.
ECON227 Principles of Macroeconomics 3 Analyzes the performance of an economy at the level of an individual country. Focus is placed on country level variables such as national income, inﬂation, unemployment and government expenditure. Current theories on economic growth as well as modern banking and the money supply are also examined. This course is applicable toward General Education requirements in the Social Sciences. This course will equip students with an understanding of key macroeconomic variables used by economists to assess the economic state of a country. (It is to the student’s advantage that ECON226 be taken before ECON227).
ECON332 Intermediate Macroeconomic Analysis I 3 Prerequisites: ECON227 and ECON226 Examines theories of long-term and shortterm ﬂuctuations in Gross Domestic Product, unemployment, inﬂation and other macroeconomic variables. Emphasis is placed on the impact of government policy on macroeconomic variables. Topics include national income accounting, longrun economic growth, unemployment, inﬂation, interest rates, exchange rates, international trade and investment, alternative theories of the business cycle, monetary policy, and fscal policy. At the end of this course students should better understand the relationships between macroeconomic variables, their inﬂuence on societal wellbeing and how government policy impacts this dynamic in the short and long run.
ECON333 Intermediate Macroeconomic Analysis II 3 Prerequisite: ECON332 This course builds upon the foundation set in its predecessor ECON330. It is designed to continue the thorough investigation into macroeconomic theory. Topics include unemployment, inﬂation, interest rates, exchange rates, international trade and investment, monetary policy, and fscal policy.
ECON334 Intermediate Microeconomic Analysis I 3 Prerequisites: ECON227, ECON226 and MATH182 Designed to provide an intensive study of contemporary microeconomic theory. Topics include consumer demand, market structure, production theory, the nature and behaviour of costs, the pricing and allocation of productive resource and the distribution of income. Emphasis is given to the use of these tools in business decision making. This course builds heavily on ECON226 and utilizes algebra extensively. At the end of this course, students should understand economic decision making at the micro level.
ECON336 Intermediate Microeconomic Analysis II 3 Prerequisite: ECON330 This course builds upon the foundation set in its predecessor ECON330. It is designed to continue the thorough investigation into microeconomic theory. Topics include market structure, the pricing and allocation of productive resource, and the distribution of income. Emphasis is given to the use of these tools in business decision making.
ECON425 Caribbean Economic Issues and Development 3 Prerequisites: ECON226 and ECON227 and junior standing. This course focuses on the use of economic tools to analyze key intraregional markets -land and housing, transportation, labour and public servicesand examines their public policy implications. Also examines interregional relationships, the growth and decline of cities, and the economics of urbanization. An analysis of the issues involved in the economic transformation of the Caribbean economies. In addition, this course will analyze the economic challenges faced by low and middle-income countries in their quest for development and public policies meant to address those challenges. The course will be divided into two parts. In the frst part, theories of economic growth and some development are explored. In the second part, trends in poverty and inequality in specifc regions and countries are examined.
ECON440 International Economics 3 Prerequisite:ECON335 This course examines theories of international trade including trade policies and their effects, regional economic integration, determination of exchange rates and the functioning of the international monetary system. These issues are approached from the perspective of a developing country. The arguments for and against free trade are also examined. This course will provide students with an understanding of how global trade systems work and how trade affects the economy of a developing country.
ECON450 Economic Development 3 Prerequisites: ECON226, ECON227 This course will analyze the economic challenges faced by low and middle-income countries in their quest for development and public policies meant to address those challenges. The course will be divided into two parts. In the frst part, we will discuss the theories of economic growth and what might cause some development strategies to succeed and others to fail. In the second part, we will examine the trends in poverty and inequality in specifc regions and countries, learn about the interconnections between inequality and growth, and analyze how development strategies and government policies may result in equitable or inequitable outcomes.
ECON455 Comparative Economics Systems 3 Prerequisites: ECON226, ECON227 and junior standing. Comparative economic systems, is the study of the effects of economic systems on observed outcomes, i.e., economic performance and welfare. Thus, our goal will be to attempt both theoretical and empirical (case study) investigations to determine the relative effects of the various systems. This will not be easy, for economic outcomes are determined by many other things (stage of economic development, income, politics, climate, geography, customs and traditions, etc.), as well. We will study three economic systems: capitalism, planned socialism, and market socialism. The countries most representative of these systems are the United States, the former Soviet Union, and the former Yugoslavia. We will also study some of the transitional countries, including Russia and China, as well as Cuba, a socialist country that remains committed to socialism.
ECON460 Econometrics and Business Cycles 3 Prerequisites: MATH182 and MGMT301
This course covers classical linear regression techniques (both simple and multiple regressions) with emphasis placed on the necessary modifcations to these procedures for use in economic and business applications. This is an introductory course in econometrics aimed at students who have already taken statistics and calculus. Students will learn how to build, test and modify econometric models using an econometric software package. Topics include: regression analysis, estimation and inference, multicollinearity, generalized least squares, heteroscedasticity, autocorrelation, and model specifcation. Furthermore, this course also examines basic causes of ﬂuctuation in businessactivity. Topics include an examination of exogenous and endogenous inﬂuences on Gross National Product and other measures of economic activity, and the relationship between cycles in Gross National Product and cycles in particular industries and companies. The course emphasizes methods and techniques currently in use by business forecasters.
MGMT101 Introduction to Business 3 This course is designed to introduce students to the many exciting facets of business within the global environment, its contemporary considerations and its future challenges. It lays the foundation for an understanding of the nature of the free enterprise business system and is suited to a wide variety of students: those who plan to start they own business; those who are seeking direction as to what area of business they may wish to specialize in; or those who just wish to understand the role of business in society.
MGMT202 Business Communication 3 Prerequisite: ENGL225 This course trains students to improve their business communication skills involving letter writing, communication via technologies, and oral communication. Students are also taught academic business writing principles.
MGMT301 Business Statistics 3 Prerequisite: A minimum grade of C- in MATH165 This course introduces the student to the scope and application of statistical analysis as it is used in the business world. Students will be introduced to surveying methods and techniques, and analyze data including probability analysis, estimation and hypothesis testing. Examples will be drawn from business and economics discipline.
MGMT315 Entrepreneurship 3 Prerequisites: ACCT122, MGMT255 This course provides hands-on instruction, tools and techniques on how to launch and manage a successful small business within the current highly competitive environment. With considerable support from the National Entrepreneurship Development Company of Trinidad and Tobago, students will be exposed to the possibilities, challenges, and the rewards of owning their own businesses, as they are guided through the process of becoming entrepreneurs.
MGMT255 Principles of Management 3 This course introduces concepts of effective management in organisational settings. Primary emphases include the management processes necessary for organisational effectiveness (planning, organizing, leading, and controlling) within the contemporary business environment, the nature of individual and group behaviour, and the role of management in facilitating a mutually satisfying ft between employees’ needs and organisational requirements.
MGMT341 Business Law 3 Introduction to general principles of law and its interpretation, including limited coverage of business torts and crimes, as well as the coverage of contract and sales law, property law, business organisation,including partnership and corporate law; consumer and environmental protection, employment law and insurance, estate planning and international law, agency and commercial paper.
MGMT345 Business Ethics 3 Prerequisite: MGMT255 This course presents a study of the ethical considerations that decision-makers are faced with, as they conduct business within the political, legal, and social environment. Real life scenarios are discussed from a wide range of topics including: Financial management, Information Technology, Marketing, Human Resource Management, the Natural Environment, Strategic Management and Issues in the Developing World, in an effort to highlight the positive consequences of ethical behaviour, and the negative consequences of unethical behaviour. Through these discussions, students will be led to the understanding that ethics does really matter.
MGMT365 International Environment of Business 3 Prerequisite: MGMT255 Virtually every business management decision being made today is inﬂuenced by global events, and any naive thinking about international politics, economics, cultures, exchange rates and foreign competitors can have quick and adverse effects on a frm’s bottom line. The objective of this course is to provide relevant theoretical and practical insights to management students, for greater understanding of the real world of global business. This course explores the nature, scope and environment of international business today. Emphasis is placed on national and international forces inﬂuencing and directing international business challenges, opportunities, and problems that these forces bring with them.
MGMT400 Managerial Decision Making 3 Prerequisites: MGMT255 and junior standing This course will look at decision making under uncertainty, a behavioural perspective. It will begin with a brief outline of the so-called “normative” or “decision engineering” models, then move on to reasons why these models are not always able to describe actual behaviour. The course will look at the heuristics and biases of judgment and decision making, as well as consumer decision making, fnancial decision making, and negotiation behaviour, predominantly from a behavioural perspective. The course will close with a discussion of some ways to make actual decisions and judgments, closer to the normative models.
MGMT415 Organisational Behaviour 3 Prerequisites: MGMT255 and senior standing This course examines individuals, groups and organisations, from the perspective of the behavioural and social sciences. Topics covered include organisational structure and design, power and politics, communication, motivation, job design, job attitudes, and the dynamics of groups and teams. These issues are addressed both conceptually and from the perspective of the practicing manager.
MGMT475 Operations Management 3 Prerequisite: MGMT301 An analysis of problems and issues faced by production/operations managers in manufacturing and services industries. Concepts and techniques include operations scheduling, quality control, plan layout, facility location, line balancing, queues, production and inventory controls, forecasting and linear programmeming.
MGMT488 Leadership and Organisational Climate 3 Prerequisites: MGMT255 and senior standing The focus of the course is on leadership theory, and consists of lecture, discussion, case studies, simulation, and self-assessments. Topics include inﬂuence, power, ethics, communications, groups/teams, organisational culture, motivation, performance, followership, and leadership theories from various perspectives. The fundamental purpose of this course is development of students’ understanding of factors that can enhance effectiveness leadership.
MGMT495 Strategic Management 3 Prerequisites: completion of the entire business core; completion of four upper-level major courses (Intended as a fnal, capstone course to be taken as part of a student’s last 16 credits). This is a capstone course in the School of Business, and is required of all seniors. The course integrates subject matter from the business core courses andother disciplines. It is a study of strategic management that integrates knowledge gained through previous coursework and experience, and builds on that conceptual foundation through integrative analysis, practical application, and critical thinking. Emerging issues in business management are considered. Focus is on the continuous, systematic process of managerial planning, including environmental scanning and the development of plans and strategies to gain competitive advantage. Tactical and strategic management issues are highlighted by means of case studies, projects, and discussion.
MGMT499 Management Internship 2/3 Prerequisite: Approval of internship coordinator (S/U grading) Learning to do, doing to learn. That’s the essence of the Management Internship option, designed not only to help students develop the managerial skills they must have in order to prosper in today’s business world, but also to practice those skills in their own business setting. This option combines formal classroom study with a student-internship project at the student’s place of employment. This option is recommended for current managers who wish to advance, and need additional management training: those recently promoted to managerial positions, or those who have been identifed by their employer as having managerial potential.
FNCE217 Principles of Finance 3 Prerequisites: A minimum grade of C- in ACCT121 and MATH165 This course introduces students to fnancial markets, the concept of time value of money and principles of asset valuation. Issues such as determining a company’s optimal capital structure, an appropriate dividend policy and cost of capital will also be explored.
FNCE321 Money and Banking 3 Prerequisites: ECON226, ECON227 Commercial banking, the operation and controls of the Federal Reserve System, central bank money and credit in circulation, and the effect of monetary policies.
FNCE381 Investments 3 Prerequisite: FNCE217 This course explores the organisation and regulation of security markets with emphasis on security valuation of major asset classes such as equity and fxed income securities. Alternative investments such as commodities and investment vehicles- mutual funds, hedge funds and pension funds will also be investigated.
FNCE401 Analysis of Financial Statements 3 Prerequisites: FNCE217 with “C” or better, senior standing An in-depth study of current fnancial reporting practices and accounting standards, analysis and interpretation of corporate fnancial statements namely income statements, balance sheets and cash ﬂow statements as well as notes to the fnancial statements primarily through the use of fnancial ratios, utilizing text and selected cases.
FNCE411 Real Estate Finance 3 Prerequisites: FNCE217 and STAT285 Principles of real estate fnancing, with emphasis on residential markets, economics, governmental and location factors, fnancing, and real estate transactions.
FNCE430 Public Finance 3 Prerequisites: ECON226 and ECON227 and junior standing. An investigation of the theoretical and practical economic impact of governmental activities. Popular arguments for and against government intervention are examined. Emphasis is placed on understanding how various interventions work and their impact particularly from a Caribbean perspective. At the end of this course, students will understand the rationale of government intervention and how fscal policy can be formulated to increase effciency and general wellbeing.
FNCE436 Management of Financial Institutions 3 Prerequisites: FNCE217 and senior standing The purpose of this course is to provide an integrated approach for the fnancial management of fnancial institutions including banks, insurance companies and credit unions. With this objective, the course concentrates on providing the theoretical framework and risk management techniques of fnancial management recognizing the rapid changes taking place in the institutional environment.
FNCE481 Security Analysis and Portfolio Management 3 Prerequisites: FNCE217 and senior standing This course is designed to provide students with a comprehensive understanding of security analysis and portfolio management. The focus of the course is on selecting the appropriate securities and managing the portfolio to meet the investor’s objectives.
FNCE490 Topics in Finance 3 This is a research course. The aim of the course is to allow students to gain further knowledge of the feld of fnance through primary and secondary research. The class will include the review of journal articles related to various fnancial managementareas. Students will be required to write thesis statements and journal summaries of various fnance topics, and the class will conclude with the writing of research proposals and a fnal research paper.
FNCE449 Internship 2 Prerequisites: Junior or senior standing in School of Business and permission of internship coordinator. Supervised feld work in selected business, social and governmental organisations; supplemented by written reports. Students must complete 240 hours of internship (S/U Grading).
MKTG201 Principles of Marketing 3 A general survey of the major marketing methods, institutions, and practices examined from the viewpoint of their effects on exchange transactions linking producers with consumers.
MKTG205 Advertising and Sales Promotion 3 This course is an overview and application of advertising principles; introduces concepts of planning, advertising, research, artistic, creative, and psychological aspects to advertising and sales promotional activities.
MKTG342 Service Marketing 3 Prerequisites: MKTG201 and junior standing Understanding service customers, customer satisfaction, motivating service employees, improving service quality and role of services in strategy planning.
MKTG343 Consumer Behaviour 3 Prerequisite: MKTG201 This course provides a comprehensive examination of consumer buying behaviour as it relates to marketing strategy. Students learn current economic, psychological, and sociological factors that help explain consumer behaviour, examine models, theories, and research that relate to consumer behaviour, and apply consumer behaviour to target marketing.
MKTG350 Sales Management 3 Prerequisite: MKTG201 Management of personal sales force, including recruiting, selecting, training, compensating, and evaluating sales personnel; planning, implementing, and controlling selling strategies.
MKTG414 Retail Marketing 3 Prerequisites: MKTG201 and junior standing. Business to consumer marketing with consideration for location, organisation, buying, receiving stock inventory and control, policies, pricing, services, control and personal management within retail establishments.
MKTG415 Marketing Research 3 Prerequisites: MKTG201 and junior standing This course involves fundamental techniques and practical experience in research methodology: planning an investigation, questionnaires, sampling, interpretation of results, report preparation.
MKTG418 Introduction to E-commerce 3 Prerequisites: MKTG201 and junior standing This course challenges students to explore the realities and implications of e-commerce from a marketer’s perspective. Business-to-consumer (B2C) and business-to-business (B2B) e-commerce markets are examined. The course introduces students to a wide range of electronic commerce issues for marketers, as a foundation for continual learning in the dynamic e-commerce environment.
MKTG448 International Marketing 3 Prerequisites: MKTG201 and junior standing. International marketing activities, including environmental issues, marketing strategy, and tactical considerations in entering foreign markets.
MKTG490 Special Topics in Marketing 3 Prerequisites: MKTG201 and junior standing Selected marketing topics not covered in other marketing courses will be explored in this course. New trends emerging in the discipline will form major parts of the discussion.
MKTG499 Internship 2 Prerequisite: Junior or senior standing in School of Business and permission of internship coordinator. Supervised feld work in selected business, social and governmental organisations; supplemented by written reports. Students must complete 240 hours of internship (S/U Grading).
Hospitality and Tourism
HSTM115 Introduction to the Hospitality Industry 3 Provides an overview of various facets of the industry’s restaurants, hotels, resorts, travel, tourism, and clubs. General operating procedures with an emphasis on professional management principles. Field trips and hospitality executive guest lecturers enrich the course. Includes career planning and exposure to role models.
HSTM120 Quality Sanitation Management 3 This course explores sanitation standards for food and beverage establishments and food handling practices; the study of microorganisms and their control are also discussed.
HSTM201 Management of Tourism 3 Topics covered are cultural tourism, sociology of tourism, components and supply, tourism development, economic role of tourism demand, the marketing of tourism, and the international scope of tourism.
HSTM300 Technology Applications in Hospitality 3 A course concentrating on computer applications used in the hospitality industry. Special attention will be given to the different software packages available and the programmes they run which enhance the service provided by the hotel and guest industry.
HSTM400 Front Offce Management 3 Perequisites: ACCT122, HSTM 201 and junior standing A study of principles and procedures used in effective hotel/motel front offce management. Special attention will be given to operation of specifc equipment, planning and forecasting hospitality needs.
HSTM440 Hospitality Sales and Marketing 3 Prerequisites: MKTG201 and junior standing This course is designed to provide students with a solid background in hospitality sales, advertising, and marketing.
HSTM443 Food/Labor Cost Control 3 Prerequisites: ACCT122 and junior standing This course explores fundamentals of food, beverage, and labour cost control for hotel and restaurant operations, which continue to make such operations sustainable and competitive.
HSTM450 Hospitality Operations Analysis 3 Prerequisites: ACCT122 and junior standing This course is to provide students with an understanding and application of the principles of analyzing a hospitality business operation. The following areas would be addressed, feasibility study, operating and capital budgeting, operating ratios, fnancial performance, fnancial decision making, revenue management and cost containment.
HSTM499 Hospitality Management Internship 2 Prerequisites: 30 HSTM hours and approval of internship coordinator. This course provides an opportunity for the student to complete a relevant internship in a specialized area of the hospitality and tourism industry; emphasis is placed on meeting the needs of both the student and the hospitality operation offering the management internship.Three hundred contact hours required.