Diploma in Finance Management
$495
Leads to certification
Certification / Management

Diploma in Finance Management

The eHotelier Diploma Finance Management delivers the skills and knowledge required to succeed as a professional in a Financial Management role.

The certification is delivered through online training courses and supported by professional mentoring. Courses consist of the core competencies of Financial Management and four elective topics.  Courses cover key skill areas, general knowledge, and associated soft skills.

The Diploma requires completing a case study located in this course. 

Curriculum content

  •
    This course will teach you the skills and knowledge to take on a daily financial responsibilities like balancing your books and preparing for audits or tax time with ease. You'll also learn how best practices can help improve cash flow by monitoring it properly throughout each month. The unit applies to individuals who are employed in a range of different work environments with responsibility for simple accounting functions. They might be other members of the staff who have been delegated this task, or they may act as independent contractors responsible solely for maintaining public financial records within their enterprise.

    • Lesson Maintain Financial Records

    • Lesson Course Completion Survey

  • This course will teach you how to read through financial reports and information with a clear understanding of what it all means. You'll learn about key performance indicators (KPIs) that any company can use to improve their operations, as well as an interpretation for each type. The unit applies to all tourism, travel, and hospitality sectors. It's for people who work alone or with limited guidance from others like supervisors and departmental managers. Learning Outcomes: 1. Access and interpret financial information. 1.1 Identify and interpret the  financial information  and  reports  required for the organisation to monitor business performance. 1.2 Interpret financial information and reports applicable to operational or departmental activities. 2. Use and provide financial information. 2.1 Review financial information for impacts on operational activities and take action according to individual empowerment. 2.2 Routinely provide information on  operational or departmental financial activities .

  • Are you looking for a course that will teach you how to prepare and monitor budgets? Then this is the course for you! This course describes the performance outcomes, skills and knowledge required to analyse financial and other business information to prepare and monitor budgets. It requires the ability to draft and negotiate budgets, identify deviations, and manage the delivery of successful budgetary performance. The course applies to all tourism, travel, hospitality and event sectors. The budget may be for an entire organisation, for a department or a particular project or activity. It applies to senior personnel who operate independently or with limited guidance from others and is responsible for making various financial management decisions. So if you want to learn how to prepare and monitor budgets effectively, this course is definitely for you!

  • This course describes the skills, knowledge, and performance outcomes,  that one must have to lead and manage people individually and in teams. It teaches how to foster support and encourage their commitment to the organisation. It requires the ability to lead by example and manage performance through effective leadership. The course applies to individuals who operate independently and are responsible for leading and motivating people and teams. This includes supervisors, and operational and senior managers. It is also applicable to all tourism, travel, hospitality, and event sectors.

  • The skills and knowledge required to undertake budgeting, financial forecasting, and reporting are necessary for any business unit's success. This course will teach you how to easily accomplish these tasks by allocating resources properly while managing risks that could arise from changing circumstances. It includes contributing to financial reports within your company on an annual basis so they can make informed decisions regarding plans. It also teaches the value of transparency through regular reports, which ensures everyone knows what goes where at every level throughout the organization. The course applies to individuals with managerial responsibilities that include overseeing the management of financial and other resources across a business unit, a series of business units or teams, or an organisation. It covers all areas of broad financial management. In a larger organisation, this work would be supported by specialists in financial management.

  • This course will teach you how to accept payments, process them appropriately and keep track of every transaction. You will learn about managing finances and some of the industry's best practices. The course applies to all tourism, travel, hospitality and event sectors. It is designed for individuals in the frontline sales and operations, personnel who operate with some level of independence and under limited supervision. It does, however, describe a fundamental operational function and those people who work with very little independence under close supervision would also use this skill.

  • This course will teach you everything from the importance of stock rotation, storage, and maintenance to ensuring high-quality merchandise for your customers. You'll also learn about product quality assurance practices that are essential to the job at hand. It requires competencies in storing perishable supplies in optimum conditions to minimise wastage and avoid food contamination. The course is particularly important within a food safety regime. It applies to hospitality and catering organisations, including hotels, restaurants, clubs, educational institutions, health establishments, defence forces, cafeterias, residential caterers, in-flight and other transport caterers, and event and function caterers. Personnel at many levels use this skill in the workplace daily, including cooks, chefs, caterers, and kitchen attendants.

  • Maintain the Quality of Perishable Items A kitchen cannot produce menu items without the necessary supplies. As a chef, you must receive kitchen supplies and put them away in the appropriate storage areas, following the correct processes. This course will help you understand the following: The delivery and receiving process Appropriate storage conditions and equipment Importance of temperature control for fresh and frozen commodities FIFO principle Stock maintenance and rotation

  • This course will help you to develop your projects with ease.  The course applies to all tourism, travel, hospitality and event sectors. It also includes topics on event planning and execution, product development, research, or initiatives such as introducing new workplace systems or technologies. It applies to senior personnel who operate independently or with limited guidance from others and is responsible for making a range of operational business and project management decisions.

  • This course will teach you how to successfully manage physical assets for your company, including maintaining an inventory of each item, and making sure they're in good condition. You'll also learn about acquiring new ones when needed. It applies to senior managers who operate with significant autonomy and are responsible for making various strategic management decisions. The course applies to all tourism, travel, hospitality and event sectors.

  • This course helps you to understand the skills and knowledge needed for purchasing goods, sourcing suppliers, and discussing requirements before making a purchase decision. It does not include the specialist skills to systematically purchase and control an organisation's overall supply of goods. This course applies to all tourism, travel, hospitality, and event industry sectors where purchasing any good takes place, including food and beverage supplies. Purchasing goods may involve placing an order for future delivery or purchasing goods face-to-face and taking immediate delivery. The unit applies to operational personnel who operate with some level of independence and under limited supervision.

  • This course will teach you the skills necessary to be an effective stock controller. You will learn how order processing, inventory management, and financial reports work in tandem while also learning what it takes when problems need solving, both internally within your business organization and externally.

  • You can be successful in any meeting if you know how to manage it. This course will teach all the skills and knowledge required for chairing meetings and overseeing preparation processes like preparing minutes or drafting reports. The course applies to individuals in various work environments who are required to organise and manage meetings within their workplace. These individuals may work as senior administrative staff or may be individuals responsible for conducting and chairing meetings in the workplace.

  • The presentation skillset is a must for any professional who needs to make their case in front of an audience. presentations can range from simple training or marketing material to review sessions with clients — you must always come prepared. This course will teach participants how they should put together and engagingly deliver a message to ensure that they are effective presenters. 

  • This course will help you develop the skills and knowledge needed to effectively implement operational plans in order for an organisation to be efficient, effective, and profitable. It applies to individuals who manage the work of others and operate within the parameters of broader strategic and/or business plans.

  • If you want to take your business to the next level, this course on developing and implementing business plans is for you. This unit will teach you the skills and knowledge required to lead a successful business operation, covering everything from developing the initial business plan to putting it into action. This unit is ideal for individuals running an organisation or playing a key role in its success. You'll learn how to oversee the work of teams and other managers, ensuring everyone is working towards the same goals. By the end of this unit, you'll be confident in your ability to take your business to new heights.

  • Risk management is a necessary skill for any business to thrive. This course will introduce you to the required knowledge and skills, whether across an entire organization or just within one specific area of your company's workflow. The unit applies to individuals working in positions of authority and who are approved to implement change across the organisation, business unit, program, or project area. They may or may not have responsibility for directly supervising others.

  • This case study relates to an office conversion of a city centre office block to a mid-range hotel. The case study is set in a fictional context, but the data presented is based on actual operations. The data has been tested to ensure that it is realistic, reliable and within conventional industry benchmarks. In analysing this case study, you should ensure that you consider all information and data as relevant and use the data and your analysis to illustrate your answer.