Description
Course Name: Advanced Diploma in Accounting & Hospitality
Course Id: ADAH/Q1001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: An Advanced Diploma in Accounting & Hospitality offers a unique blend of financial and management skills tailored to the hospitality sector. It prepares graduates to manage the financial aspects of hospitality businesses while also equipping them with the necessary operational and customer service skills required for the industry.
Duration: 370 Hrs (Equivalent to One Year).
Total Credits: 18.
How You will Get Diploma Certificate:
Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.
Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.
Step 6- After Payment You will get Study Material Login id and Password on your email id.
Step 7- After Completion of Course Study give Online Examination.
Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).
Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
| How Students will be Graded: | ||
| S.No. | Marks | Grade |
| 1 | 91-100 | O (Outstanding) |
| 2 | 81-90 | A+ (Excellent) |
| 3 | 71-80 | A (Very Good) |
| 4 | 61-70 | B (Good) |
| 5 | 51-60 | C (Average) |
| 6 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Benefits of Certification:
- Government Authorized Assessment Agency Certification.
- Certificate Valid for Lifetime.
- Lifetime Verification of Certificate.
- Free Job Assistance as per your Interest Area.
Syllabus
Accounting Fundamentals: Introduction to accounting, accounting cycle, completing the accounting cycle, merchandising enterprise accounting, preparing financial statements, accounting systems, cash, receivables, inventory, fixed assets, current liabilities.
Hospitality Industry Accounting: The purpose accounting in the hospitality industry, unique aspect of the hospitality industry, branches of accounting, financial accounting, cost accounting, tax accounting, auditing, managerial accounting, why hospitality managers use managerial accounting, the uniform system of accounts, ethics and hospitality accounting.
Statement of Cash Flows: Objectives, method of preparing cash flow statement, preparation of cash flow statement, treatment of special items.
Ratio Analysis: Meaning of ratio analysis, scope, objectives of ratio analysis, advantages , classification of ratio, liquid ratio, solvency ratios, profitability ratios, activity ratios, limitations of ratio analysis.
Food and Beverage Pricing: Introduction, Objectives, F&B control, cost & sales concepts, problem in F & B control, methodology of F & B control, personnel management in F & B control, element of cost, classification of cost, ways of expressing sales concepts.
Budgeting and Internal Controls: Introduction, characteristics of budget, essentials of budget, objectives of budgeting, meaning of budgetary control, preparation of budgets, internal control, components of internal control, information technology control activities, information and communication, roles and responsibilities.
Job Opportunities after completion of Advanced Diploma in Accounting & Hospitality course:
After successful completion of the Advanced Diploma in Accounting & Hospitality, graduates are equipped with a strong foundation in both accounting and hospitality management. This combination of skills opens up a wide range of career opportunities in the hospitality industry, as well as in accounting, finance, and management roles. The graduates can leverage their expertise to pursue positions in hotels, resorts, restaurants, event management companies, and various financial institutions or businesses.
Career Options After Completing the Advanced Diploma in Accounting & Hospitality:
- Hotel Accountant:
- Graduates can work in hotels and other hospitality businesses, managing financial accounts, handling billing and invoicing, and ensuring compliance with financial regulations.
- Financial Manager in Hospitality:
- This role involves overseeing the financial health of a hospitality business, including budgeting, forecasting, and financial reporting. Financial managers ensure that hotels, restaurants, and resorts remain profitable.
- Hospitality Manager:
- Graduates can manage operations in hotels, resorts, or restaurants. This includes overseeing daily operations, managing staff, ensuring customer satisfaction, and driving revenue.
- Event Coordinator/Manager:
- With expertise in hospitality and organization, graduates can work in event management, planning corporate events, weddings, conferences, and other large-scale gatherings in hotels, resorts, and other venues.
- Restaurant Manager:
- Graduates can manage restaurants, overseeing everything from food preparation and inventory management to staffing and customer service, ensuring smooth day-to-day operations.
- Accounting Clerk in Hospitality Industry:
- Entry-level roles in the accounting department of a hotel or resort, such as accounts payable/receivable clerk, can be a starting point for graduates, where they handle financial transactions and bookkeeping.
- Cost Controller (Hospitality):
- Graduates can work as cost controllers in hotels or restaurants, managing expenses, monitoring budgets, and optimizing resource utilization to ensure the business operates within budget.
- Revenue Manager:
- This role involves maximizing revenue for hotels or resorts through pricing strategies, demand forecasting, and managing room availability. Revenue managers play a key role in profitability.
- Front Office Manager:
- Graduates can take on management roles in the front office, overseeing check-ins, customer service, reservations, and general guest services in hotels or resorts.
- Tourism Financial Analyst:
- In this role, graduates analyze financial data related to tourism businesses and provide insights into profitability, operational costs, and trends within the industry.
- Hospitality Sales and Marketing Manager:
- This role focuses on driving business for hospitality services through effective marketing campaigns, sales strategies, and customer relationship management.
- Hotel Operations Manager:
- Graduates can work as operations managers, overseeing the smooth functioning of all departments within a hotel or resort, including housekeeping, food and beverage, and guest services.
- Accounting Consultant for Hospitality Businesses:
- Graduates with expertise in both accounting and hospitality can work as consultants, helping hospitality businesses manage their financial operations more effectively.
- Travel and Tour Operator:
- Combining hospitality with a focus on travel, graduates can work in travel agencies or tour operators, managing bookings, customer service, and travel-related financial aspects.
- Hotel & Hospitality Business Entrepreneur:
- Graduates can start their own hospitality-related businesses, such as guesthouses, boutique hotels, catering services, or travel agencies, applying their knowledge of both hospitality operations and financial management.
- Corporate Trainer in Hospitality and Accounting:
- With expertise in both fields, graduates can become trainers or educators, conducting workshops and training programs for businesses or educational institutions focusing on hospitality operations and accounting practices.
- Guest Relations Manager:
- This role involves ensuring high levels of guest satisfaction, managing complaints, and providing personalized services in hotels or resorts.
- Hotel Front Desk Supervisor:
- Graduates can manage the front desk operations in hotels, coordinating guest check-ins and check-outs, managing reservations, and overseeing customer service.
- Financial Auditor (Hospitality Sector):
- Graduates can work as auditors, inspecting the financial records of hotels or other hospitality establishments to ensure that they comply with legal and financial standards.
- Travel and Tourism Financial Analyst:
- In this role, professionals analyze financial data in the travel and tourism sector, including tracking expenses and profitability for businesses in the tourism industry.
Key Sectors:
- Hospitality Industry: Hotels, resorts, restaurants, event management companies, catering services, and tourism agencies.
- Financial Services: Accounting firms, banks, corporate financial departments, and consultancy firms.
- Tourism and Travel Industry: Travel agencies, tour operators, airlines, and cruise lines.
- Corporate Sector: Large corporations requiring hospitality services for their employees and clients.
Salary Range:
- Entry-Level (0–2 years): ₹2.5–₹5 LPA
- At entry-level positions, such as accounting clerk or junior hotel manager, salaries typically start within this range. Experience in a hospitality setting can impact the salary potential.
- Mid-Level (3–5 years): ₹5–₹10 LPA
- As professionals gain experience, roles like restaurant manager, event coordinator, or financial manager in hospitality can command salaries in this range.
- Senior-Level (5+ years): ₹10–₹20 LPA or more
- Senior roles such as revenue manager, hotel operations manager, or senior financial manager can earn this range, with earnings higher depending on the size of the establishment and location.
- Specialized Roles (e.g., Entrepreneur, Senior Consultant, Executive):
- Graduates who pursue entrepreneurial ventures, or higher managerial or consultancy roles, may earn higher salaries, potentially exceeding ₹20 LPA, based on business success or specialized expertise in accounting and hospitality.
The salary range can vary based on location, type of employer, and the individual’s skills, with cities like Mumbai, Delhi, and Bengaluru typically offering higher pay compared to smaller towns or rural areas. Additionally, senior positions or those with niche skills (like hotel revenue management or hospitality finance) may command higher salaries.
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