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MMH

Hospitality Leadership Through Learning
MMH

Online Prerequisite Courses

Once you have been admitted to the MMH program, you will register for three online courses that teach you to think like a financial manager, understand and analyze financial statements, and engage in effective statistical decision-making.

These fundamental analytical skills are essential to your success in the program. The courses are facilitated by subject experts, and will allow you to meet some of your fellow MMH classmates “virtually” before you arrive on campus.

Financial Management

  • Mastering the Time-Value of Money
  • Making Capital Investment Decisions

Using timelines and cash-flow calculations, you will learn to project cash flow, calculate payments, establish the value of securities and investments, and determine when it is more cost-effective to lease or to buy. Additionally, you will learn six capital-budgeting rules for making sound project-investment decisions and learn when each is most appropriate.

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Financial Statements

  • Understanding Financial Statements
  • Using Ratio Analysis to Evaluate Financial Performance

You will learn to read and interpret income statements, cash-flow statements, and balance sheets, and how to use ratio-analysis instruments. The course also addresses how financial-health information can be used as a foundation on which to design and implement initiatives for increased productivity and profitability.

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Statistical Decision Making

The two modules of this hands-on course cover statistical concepts including probability, descriptive statistics, sampling and correlation, and regression. Completion of this course will help you use available data to solve managerial problems and make effective decisions.

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Only students who have been admitted and who have submitted an official acceptance and deposit to the MMH program may register for the Online Prerequisite Courses at eCornell.