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Are You a Rooms Division, Front Office, Food and Beverage Manager, Executive Housekeeper, Sales & Marketing Manager or Engineer?
Find out How You Can Take the Continuous Learning Journey to Financial Literacy and Hotel Leadership!
Your Complete Financial Learning Ecosystem
Foundational Financial Literacy
Absorb basics of financial statements, budgeting, forecasting, hotel KPIs and Expenses management.
Function Based Application
Relate to hotel goals, from your perspective as Rooms Div, F&B Mgr, Executive Housekeeper, etc.
Develop Skills With Continuous Learning
Build Skills by improving analytical thinking, mastering problem solving, sharpen decision making
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Hospitality Financial Literacy Courses
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Hotel Profit and Loss - Driving Smart Decisions is an online course that takes the student to the intermediate level beyond just knowing the contents of a hotel profit and loss statement.
This is a course that uses byte sized lessons and jargon free language for easy understanding.
It is targeted at hotel Front Office Managers, Food & Beverage Managers and other middle managers.
This course does NOT require any kind of background in finance or accounting.
The course however requires the student to have some experience of a hotel operation.
It takes students into how to interpret the primary hotel financial statement – Profit and Loss Statement. Hotel managers deal with the Profit and Loss Statement on a day to day basis. It is the statement which is used for monthly Profit and Loss performance meetings and must be understood well. Students will learn about the important sections of the statement and how to interpret them.
At the end of this course, students will have acquired full understanding of the hotel Profit and Loss Statement.
Guide
1 Lessons
Intermediate
Coming Soon
Hotel Profit and Loss Essentials is an online course that introduces the student to revenue, expenses and profit sections of a hotel profit and loss statement.
This is a course that uses byte sized lessons and jargon free language for easy understanding.
It is targeted at hotel Front Office Managers, Food & Beverage Managers and other middle managers.
This course does NOT require any kind of background in finance or accounting.
The course however requires the student to have some experience of a hotel operation.
It takes students into how to interpret the primary hotel financial statement – Profit and Loss Statement. Hotel managers deal with the Profit and Loss Statement on a day to day basis. It is the statement which is used for monthly Profit and Loss performance meetings and must be understood well. Students will learn about the important sections of the statement and how to interpret them.
At the end of this course, students will have acquired full understanding of the hotel Profit and Loss Statement.
Text
4 Lessons
Beginner
What past students who became General Managers said about the course instructor
Nick Smith
GM Jingan ShangriLa
Nara takes the complexity and confusion commonly associated with finance jargon and replaces it with clear thinking
Nara takes the complexity and confusion commonly associated with finance jargon and replaces it with clear thinking. The interactive and involved thinking challenges the mind.
His courses allow you to understand the financial concepts simply, show you how you can apply them in the workplace and even in your daily transactions. They are courses you want to take back to the operation.
The entertainment factor of what you first cast as a "boring" topic leads to enhanced learning for all the team. Nara's interpersonal skills are great and you never feel like you are being "told" it more a sharing exercise. Thank you
Yu Lik Ng
Productivity Center
Nara brings financial concepts to life in a jargon-free way that engages your thinking process
Nara's passion for sharing knowledge and experience shines through and is absolutely infectious.
He brings financial concepts to life in a jargon-free way that engages your thinking process to realize that finance is a critical means to informed decision making, but not an end in and of itself.
Nara is first and foremost an inspirational teacher, and then a finance professional.
I absolutely recommend Nara's training courses (including finance-trained persons), and in fact look forward to more opportunities to learn from him!
Nick Flynn
RM Rasa Sayang
As a presenter Nara has an incredible way of making Finance very interesting and engaging.
I recently had the fortune of attending a Optimizing Hotel Profits Course by Shangri-La hosted by Mr Narasimhan.
As a presenter he has an incredible way of making Finance very interesting and engaging. He made it very easy to understand and relate directly back to our workplace situations which made it a lot more effective post training. It has allowed me to be a lot more strategic and focus on serious big picture areas which you where generally not aware of.
Thanks again Nara and I look forward to keeping you posted on the success of your course
Top Foundational Financial Literacy Resources
Beginner
Hotel Room Revenue - 25 Financial Terms for Beginners
Unfavorable Budget Variance - Hotel Budgeting Basics
About Your Mentor
Meet Lakshmi Narasimhan Soundararajan
Right from the time he was in school, Lakshmi had a head for numbers. In fact, he says, numbers talk to him and tell him stories. At the same time, as he fashioned his career in the hospitality industry, he worked closely with colleagues who did not have a financial background. He saw them struggle with numbers and fear them.
Lakshmi made up his mind there and then to commit his career to hotel finance training by simplifying numbers for the benefit of his non-financial background colleagues. He founded Profits Masterclass first and then Financial Skills Academy with the philosophy of assisting managers and small business owners to Build Financial Skills, Knowledge and Ability in themselves.
His vision for Financial Skills Academy is to be a Complete Financial Learning Ecosystem for Hotel Middle Managers.
Lakshmi 's all time favorite historical figure is Leonard Da Vinci and in particular Da Vinci's love for simplicity. When founding Financial Skills Academy, Lakshmi based the value proposition for his hotel finance courses on three foundational principles: SIMPLE. NON-TECHNICAL. USABLE.
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