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Study with us no matter where in the world you are.

Explore hospitality financial management & the financial planning elements of a business proposal; discover introductory accounting concepts & budgeting processes; study hospitality business law in the context of the Australian legal system; understand economics principles & how markets operate with an introduction to macroeconomics.


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Supported Online Learning

This program offers a range of live (synchronous) and recorded (asynchronous) activities in its delivery. Students will join sessions and complete a range of activities each week on the learning platform, facilitated by a dedicated lecturer. If you are unable to attend, the session is recorded for you to review in your own time. We highly recommend students join all scheduled live sessions, where possible, to maximise your learning experience.

All required resources, including textbooks, for selected units are provided within each class on the learning platform. Students also have access to a range of academic skills supporting resources, academic databases for research and are also invited to program-wide drop-in sessions and socials during the term.

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Potential Careers

Potential career paths and employment prospects include working in a variety of different positions in financial planning, financial control, cost control, quality control and general management.

Certificate Details & How to Apply

  • Term Dates and How to Apply

    TUITION FEE:

    AU$10,980 for Australian students OR AU$5,490 with the 50% scholarship OR $7,686 with the 30% scholarship.

    AU$11,876 for International students OR AU$5,938 with the 50% scholarship OR $8,312.20 with the 30% scholarship.

    Term Dates & Prices

    Select a date
    2021
    Jul 5, 2021
    AUD 10,980.00
    Sep 27, 2021
    AUD 10,980.00
  • Course Structure (4 Units)

    1. Accounting Principles and Practice:
    The purpose of this unit is to introduce accounting concepts and skills to enable students to interpret financial reports and apply budgeting processes.

    • The Basic Accounting Concepts
    • Accounts and the Accounting Equation
    • End of Period Adjustments
    • The Profit and Loss Statement
    • The Balance Sheet
    • Interpretation of Financial Statements
    • Budgeting and Cost Control

    2. Hospitality Financial Management:

    • Review of Basic Concepts and Terminologies
    • Cash Budgeting
    • Cost-Volume-Profit Analysis
    • The Investment Decision - Project Analysis Using Net Present Value 
    • Internal Control and Cash Handling Procedures
    • Computers in the Hotel and Restaurant Business Sector
    • Risk Management, Ethics and Sustainability
    • Financial Ratio Analysis
    • The Financial Plan Section of a Business Plan

    3. Hospitality Business Law:

    The purpose of this unit is to provide an overview of the legal system as a framework for the comprehension of legal obligations and responsibilities, tenders and service contracts, and common business situations that involve legal issues.

    • Introduction to the Australian Legal System
    • Contract Law
    • Negligence, Civil Liability Legislation and Insurance
    • Innkeepers’ Doctrine and Liquor Licensing Law
    • Employment Law
    • Work Health and Safety (WHS) and Workers Compensation
    • Discrimination Laws, Workplace Bullying and Harassment
    • Part 1: Consumer Protection and Unfair Business Practices
    • Part 2: Consumer Protection and Restrictive Trade Practices
    • Business Structures and Principles of Agency he Role of Event Management

    4. Economics Principles:

    • Introduction to Economics
    • How Markets Operate
    • Market Structure
    • Introduction to Macroeconomics
    • Economic Management Monetary and Fiscal Policy
    • Economics for Hospitality
    • Sustainability and Economics
  • Accredited Qualification & Pathways

    At successful completion of an online higher education course you will receive an AQF accredited Le Cordon Bleu Australia certificate.

    Successful completion of an online certificate guarantees entry into all Le Cordon Bleu Australia Undergraduate and Postgraduate programmes and may act as a pathway to awards offered by other Higher Education Providers.

  • Scholarships

    30% Scholarship:

    30% scholarships available for any course for January and April intakes. Students must enrol in at least one subject to be eligible. FEE-HELP is available with this offer.

     

  • FEE-HELP & Payment Options

    FEE-HELP: Available to domestic students. Check your eligibility for FEE-HELP here.

    FLEXIBLE PAYMENT OPTIONS AVAILABLE: Payment per unit available. To find out more, please speak to one of our friendly representatives.

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