Course Description: THC 1 (Macro Perspective of Tourism and Hospitality)

This course is designed to give a clear and whole overview of Tourism and Hospitality as an ecosystem and goes beyond the usual closed-concept of tourism. It introduces the concepts and terms that are common throughout the different sectors. It also intends to develop, update and maintain local knowledge as well as tourism industry knowledge. It shows the structure and scope of tourism as well as the impact of Tourism as an industry in relation to the world economy and society. It also illustrates the effects of the convergence of tourism with the other local industries and let the students appreciate its multiplier effect in various fronts. It discusses the major factors that influence the history and future of tourism in the world and in the Philippines. It also introduces the sustainable goals of tourism and discusses, among others, how to develop protective environments for children in tourism destinations; to observe and perform risk mitigation activities; etc. The students will also learn to appreciate the key global organizations and the roles they play in influencing and monitoring tourism trends.

(CMO No. 62 Series of 2017, pg. 51)

Course Description:

This course is designed to acquaint students with the role of the accountant in the management team by providing and assisting in the analysis, interpretation, and forecasting of business organizations.  It covers the discussion of the foundation of management accounting; its expanding role, organizational structure, and professional ethics for management accountants; design of management accounting systems (e.g., responsibility accounting system), evaluating the impact of changes in business structure, functions, and appropriateness of management accounting techniques and methods; performance measurement for planning and control such as: marginal, absorption, and opportunity costing; cost behavior; cost-volume-profit relationship; Advanced analysis and appraisal of financial and related information; business planning and budgetary systems; methods for planning and control.

Course Learning Outcomes (General Objectives)

      This course is intended to develop strengthen the key competencies of students  management accounting with emphasis on strategy development and execution and a deeper consideration of global issues affecting the practice of management accounting. At the end of the semester, the student must be able to:

1. Manifest  a thorough understanding of how management accountants affect strategic decisions.

2. Exhibit  the ability to be analytical in the decision making process.

3. Discuss and apply the basic concepts of performance measurement compensation and multinational considerations, balanced scorecard and strategic profitability analysis, environmental cost accounting.

4. Show proficiency in the  use of computers and other office machines and an opportunity to apply computer skills to management accounting.

5. Exercise professional attitude by being honest, objective, and technically components as well as to be intellectually independent in giving advises and recommendations in rendering management advisory services.

6. Exhibit   managerial skills and competence considering social responsibilities at all times.

7. Prepare and analyze accounting data, apply it to a range of planning, control and decision-making situations and adapt it to accommodate change

This course offering stems from the global recognition and acceptance of the tourism industry’s contribution to economic development, mutual respect and understanding, and promotion of local culture.

As discussed in undergraduate courses, the tourism industry is composed of different components/ elements / sectors that must work together to provide visitors an experience that is not only recreation in nature but also educational and spiritual.

Basic of these elements are politics, economics and culture. This course deals heavily on the economic elements of tourism with focus on the management of travel and tourism enterprises. However, in the course of the discussions, the elements of politics and culture shall also be discussed.

The course therefore is divided into three major parts, to wit:

• Management of destinations/sites/attractions
• Management of travel and tourism enterprises
• Management of festivals, conventions and other special events

This is a course on the use of Management Science in solving management decision problems and is meant to assist students in acquiring a special competence in the scientific management approach to problem solving.  It aims to provide students with an awareness of standard tools in Management Science/ Operations Research (MS/ OR), and an appreciation of relevant techniques in mathematical model building, mathematical programming and decision analysis.  The course also seeks to develop within the student the ability to recognize potential application areas in their future jobs, as well as the meaningful utilization of the Management Science tools and techniques in the government, the local industry, and in the business, particularly in the areas of finance, marketing, production, and human resource management.