Objectives:
The Master of International Hotel and Resort Management program is designed for students requiring advanced knowledge about the hotel and resort industry. Students complete a program of core business and advanced hotel and resort management subjects designed to enhance their financial, analytical and management skills. Industry demand for Hotel Revenue Managers is particularly high, so emphasis is placed on revenue and asset management within a hotel or resort context.
Entry Requirements:
Admission to the Master of International Hotel and Resort Management program requires successful completion of a recognised Bachelor degree or qualifications and/or relevant professional experience deemed equivalent by the Faculty Dean.
Award:
Master of International Hotel and Resort Management
Course Description:
Enrolment
International Students: To fulfil your student visa requirements, you’ll need to enrol in 30cp per semester. However, you may enrol in 40cp per semester (with your Program Advisor’s authorisation) which will reduce the time to complete your program. Domestic Students have the option of undertaking either 30 or 40cp per semester.
PROFESSIONAL OUTCOMES
Graduates should have highly developed analytical and management skills that will enable them to professionally advance their career prospects within the hotel and resort industry.
Work Experience & Internships
Some students without practical work experience, or with workplace experience in a field different from their studies, choose to undertake an internship as part of their degree. This intensely practical professional development approach fosters graduates who are ready, willing and able to hit the ground running and make an immediate impact in the workplace.
COURSE STRUCTURE
Compulsory subjects (9)
* Accounting Principles
* Marketing Fundamentals
* Managerial Finance
* Behaviour in Organisation
* Hospitality and Tourism Human Resource Management
* Hospitality and Tourism Strategic Management
* Hospitality and Tourism Operations Management
* Research Methods in Hospitality and Tourism
* Capstone Project (20 CP subject)
Electives (2)
Choose two elective subjects from within the Faculty of Business, Technology & Sustainable Development
Accounting Principles
SYNOPSIS
This subject provides an introduction to generally accepted accounting principles and practices. The course adopts a 'user' perspective. That is, it focuses on using information produced by the accounting system in business decision-making. Consequently, the course provides an essential component in the curriculum of all business students. Topics are also covered in ample depth to provide a solid foundation for potential accounting practitioners.
PRIOR KNOWLEDGE
No prior knowledge required
LEARNING OBJECTIVES
Upon completion of ACCT71-600 you will be able to read financial statements, understand their limitations and uses, and critically analyse financial performance using contemporary analysis techniques. You will gain an appreciation of the impact of financ ial decisions and policies on the performance of an organisation, and acquire a broad understanding of how parties external to the organisation interpret the reporting of financial information produced by management.
Marketing Fundamentals
SYNOPSIS
This course is designed to develop your analytical and decision making skills in marketing. Additionally, it will provide you with the opportunity to sharpen your written and oral communication skills, interpersonal skills, and analytical skills. The co urse is action focused rather than theoretical and is directly developed from marketers in the business world. As such, you should not approach this course as a "classroom" experience. It is best viewed as a business experience that happens to be in a c lassroom.
PRIOR KNOWLEDGE
No prior knowledge required
Managerial Finance
SYNOPSIS
This course will develop an understanding of and the ability to analyse financial decisions made by corporations. An introduction to present value techniques, capital budgeting, asset valuation, pricing and cost of capital, will be taught through lecture , class discussion and tutorial.
PRIOR KNOWLEDGE
No prior knowledge required
Behaviour in Organisations
SYNOPSIS
This subject has two concurrent foci: 1) learning about yourself as a manager and planning for your self-development and growth into anticipated future roles, and 2) becoming conversant with and able to apply knowledge in the discipline of organisational behaviour to your management role. Teaching and learning methods include group discussion, experiential and self-assessment exercises, peer feedback, case studies, lecture, and a service learning project.
PRIOR KNOWLEDGE
No prior knowledge required
Hospitality and Tourism Human Resource Management
SYNOPSIS
An examination of the underlying assumptions, focus, and various approaches to managing human behaviour in hospitality and tourism organisations. Students will analyse and evaluate traditional and contemporary management theories in order to understand t he influences, issues and underlying theories of managing human resources within the context of international hospitality and tourism organisations.
Hospitality and Tourism Strategic Management
SYNOPSIS
Using a strategic approach, students will analyse current management theories relevant to the international hotel and tourism industry. Key issues include the application of strategic management processes, competitive advantage, sustainability, risk mana gement, investing in innovative competencies, effective operational practice, internal and external environments, and creating economic value.
Capstone Project
SYNOPSIS
This capstone subject is to apply theory and learning to practical management in a hospitality operation. Students will utilise their research skills for real and current management issues on a hospitality or tourism operation and experience personal grow th through setting goals, establishing schedules, and accepting responsibility to an organization and to self for project completion.